Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Sticky Bomb
on 15/11/2024, 13:17:58 UTC
Well, I've come to understand that some investors are not aware that Bitcoin have features that could help them recover lose
Bitcoin would not help you recover loss because it is neither gambling nor ponzi scheme, your mess with shitcoins stays with you and the funds expended from stupid involvement with it has been lost forever. Bitcoin is a profitable investment on a long-term plan and getting involved with bitcoin with the motive of recovering loss is a trader activity and you might still be disappointed by its volatility. Bitcoin is different, you invest with your discretionary income, employ an accumulation strategy or more than one, have an accumulation target in mind and go on to the long term profitable investment journey in bitcoin.
Yes, you are right, I wasted a lot of time and funds on shitcoins earlier in my crypto involvement and got really messed up financially, would've continued in that direction to recover losses and possibly gone into a deeper shit until someone introduced me into bitcoin and this forum of course and I have really taken my time to read some good number of pages here and gathered enough information on the good patterns of investing into bitcoin as well as the best practices and trade offs and hence my decision to abandon shitcoins, forget about my heavy losses and direct all my energy into bitcoin is a wise choice.

we grow everyday, learn and unlearn a lot of things and make better decisions and one of the greatest decisions I made even before the significant uptrend in bitcoin price is to choose bitcoin over shitcoins this time around and embarking on a log-term plan as against the short-term profit minded I used to be, my convictions are strong and I know the future ahead is greener for me.