Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Popkon6
on 05/12/2024, 09:53:04 UTC
Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

If we are going to move forward with the goal of increasing Bitcoin, we should also focus on our investments, because our goal is the only one that indicates how we will keep our Bitcoin holdings alive for a long time. Because the price of Bitcoin will definitely improve and move further in the future, but if we do not have holdings, then we are zero. So we have to give the most importance to our holdings, it is better not to focus on the price of Bitcoin.
Whenever you rely on the price of Bitcoin, the decision to sell your holdings can come at any moment, and the greed for money will work inside you. In the end, you may be forced to sell your investments, that is why we have to give the most importance to Bitcoin holdings, not on the price of Bitcoin.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

I think the holders who sold at the full $100k price are fools. Whenever you focus on the price of Bitcoin, you can immediately fall prey to the unique investors who are fools. That is why the price of Bitcoin can hit $200k or even $500k in the future, it only depends on our future and we have to take the holding to the future, that is why our DCA method is the most important. Because it is possible to continue holding Bitcoin for a long time only by relying on the DCA method, I have kept my Bitcoin holding alive and have not sold it, I have given the most importance to Bitcoin holding, not the price of Bitcoin.