Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Frankolala
on 05/11/2024, 19:55:58 UTC
We can't judge investment on the basis of profit and loss. Investment for me is like a savings, from which there is a possibility of profit or loss as I invest and finally you are able to save huge amount of bitcoins.

What would you use to rate your business annual success? Is it not the profit you have made?, so why say that investment will not be judged by profit, so actually in our Bitcoin investment profit is what explains our investment success but however the success we are talking about is not the one of short term but on the contrary I'm referring to the future profit. yes I also treat my investment as a kind of savings were I need to be investing money on my chosen time but still profit is what I will use to measure my success in the future because profit and loss are the only two elements that can interpret the ending results.
Well i want you to understand the fact that all investment in bitcoin is not targeted towards making profit, we can invest in bitcoin to hold value for a long duration of time, bitcoin can also act as a hedge against inflation, devaluation of currency and economy challenges.so profit is not the only thing that determines whether our bitcoin investment is successful or not it depends on the investor goals.
Of course, you are right. It is good for one to put his savings in bitcoin rather than keeping it in a bank because fiat depreciates overtime and your funds will lose its value. Imagine at your young age, you started working and decided to save for your retirement, and you did that in a bank, at old age it will be so annoying to see that all your effort of saving huge for your old age looks like it was in vain, because the value of your total savings cannot sustain your for long due to inflation. But if you decide to invest that money in bitcoin because it is a store of value and hedge to inflation, your savings will not be in vain because the value of your funds will not depreciate and you will also get an additional bonus for saving in bitcoin which is the profit aspect. This is why Bitcoin shouldn't be looked at only for profit but to safe your hard earned money from inflation overtime.