Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 14/11/2024, 15:18:24 UTC
Curious about those who relatively ignore the many helpful messages here, Especially buying on dips, which many of them don't care about this scheme, Well in the end we are approaching $100k. Congratulations to those who came early because they got a lot of opportunities to buy on dips because there have been many major corrections in the last two years.

But don't despair for those beginners because we are also still in the early stages of long-term investment planning, so we are all doing DCA every week. Keep this idea, because I believe when the United States starts buying bitcoin regularly then we will see a lot of scarcity that occurs.

Yes, that's my assumption, believe it or not you have seen a lot of real evidence that currently new dominance continues to emerge where many companies have bought bitcoin so it's not just individuals. For that I suggest never selling your btc to the United States or better yet never selling your btc to anyone. Hold on until we really reach our satisfaction. Bitcoin is the best asset right now, I see in the media that bitcoin has surpassed silver capitalization in the order of the largest and most affected assets today.
There has been a lot of curiosity among investors about Bitcoin in the Focusing on Donald Trump . Bitcoin is continuously rising and those who have held it so far are hoping to make a high profit. Bitcoin is not just being bought by big companies, now various trading companies are competing for the preference and investment in Bitcoin. This is not limited to individuals, since curiosity about Bitcoin investment has started from individuals to various high circles, so why wait, buy and hold. I think Bitcoin should be invested in the long term because the way it has started to rise, it is expected to cross $100k in a very short time. It is estimated that in 2025, the global environmental situation will be in a good phase, so Bitcoin can reach $200k.
I am not sure if the price of Bitcoin has increased due to the election of Donald Trump as President, but the price of Bitcoin has reached ATH many times during the Democrat President Biden and has continued to increase in value. The price continues to increase a lot due to the impact of the US election,
Surely I don't know the angle at which your point is focused on, Trump win and the impact of us election what is the difference? Even as politics may not have much effect or Total control on bitcoin growth, but somehow Trump's win increase the chance of bitcoin reaching new ATH. Bitcoin growth is determined by demand as supply as one of the factors of its growth, so There has been speculation souranding Trumps, that he will make bitcoin a federal reserve asset like gold. This has driven more people to invest in bitcoin after his win over Kamala Harris. So in which ever way many investors have started bitcoin adoption because of that speculation. So we can not totally say that Trump win has nothing to do with bitcoin growth. Many investors need a strong conviction to invest in bitcoin and when there role model says anything positive about bitcoin it increases the numbers of investors. If for example Elon must says anything positive about bitcoin or plans to invest in bitcoin, many people will adopt bitcoin so bitcoin grow act according to massive adoption of HODLers who buy and make it relatively scarce not like some traders.

So surely even as we instigate the propelling force behind bitcoin growth we shou be more concerned to accumulate more bitcoin to our portfolio and hope for better days ahead as any force propelling Bitcoin growth should be to our favour and not for agumentative propose.