Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sim_card
on 20/11/2024, 17:28:55 UTC
⭐ Merited by JayJuanGee (1)
First and foremost for newbie or existing bitcoiners, the first thing we should know is that bitcoin is a long-term investment and the next thing is our plan in achieving the long-term goals, if we can position towards this lane I think deviating from it wouldn't be an optnon for us, the major problem many people have in their bitcoin journey is the ability for them to understand the concept of the investment and thereby concentrating on the main thing without any form of deviation, with the little i know, some persons allow themselves to be influenced with what they hear without making good findings about those stuffs.

The truth is just that there are folks who has mapped out plans on how their investment in bitcoin will go for them but along the line, an unforeseen circumstance might just pop out such that it will become a kind of distraction that may lead an investor to deviating from the original plans he had while making his investment. Even if we have set out strategies on how to go about during our accumulation stages, we should not completely ignore the possibility of uncertainty since we are basically acting based on assumption and speculations.
      Those who allows themselves to be persuaded and convinced by what they hear are basically those who have little knowledge about bitcoin investment and those that are too lazy to make research of their own to find out if what they hear is actually how it ought to be.
Firstly, you need go have the believe in bitcoin that's worth throwing some value on for the future and see bitcoin as an asset that is still growing and has the high tendency to increase in price overtime saving the value of money that you are putting in it right now in future when you will need it, and that's not all it will give you additional profits if only you are a long term hodler and have a good size of bitcoin portfolio. It will not be wise that at the time of life that you afe hustling to make money, you don't plan for your future when you are old but only care about today. What will become of your old age when you are weak and not strong to work just the way you can now.

It is sad that after all this struggles at your youthful age, you didn't have anything to show for it when you are old. There's a say that you will reap what you sow, this is directly pointing towards how you take the opportunity you had to know about bitcoin serious and invest in it. If you invest in bitcoin and grow your portfolio the right way overtime, you will be happy that you did it, but if you get distracted by whatever kind of gambling, you will regret it in future when other are reaping heavily from the profit of their bitcoin investment.

This is why long-term investment is the best when investing, build and grow your bitcoin portfolio with consistent and persistent weekly DCA for 4-10 years and above without any doubt or distraction, because I feel that the longer you are getting in your bitcoin journey, the more confident you will have to hodli for long and grow your stash. Time waits for no man, likewise bitcoin price waits for no man, because soon the government will start buying aggressively, acquire more and don't be satisfied with the little that you have. See your bitcoin investment journey as a wealth building game.