Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Cryptoprincess101
on 05/11/2024, 21:03:27 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.

You actually have a good view about bitcoin investment. A lot of people who are investing in bitcoin now are only targeted about the profits they could make from it and that is the reason why we have so many short them investors who are only concerned about making a little profit from their investment and decides to sell just within a short interval of time without thinking about the worth and value of the asset they sold. I know that majority of bitcoin investors wants to make profits from their investment but that doesn't mean they should just think about making profits alone, they should see bitcoin as a store of value that has the tendency to even become more useful and valuable in the long run rather than being sold for short term profit making. We should see bitcoin like a precious asset that should be kept in our possession and not to be traded just for little gains.