Post
Topic
Board Speculation
Re: Buy every dip!
by
ginsan
on 27/12/2024, 21:12:22 UTC
You make some sense even though you are calling bitcoin cryptocurrency but i think it will be much better if we single out bitcoin and not include it as cryptocurrency since it is way greater and higher than other fucking shitcoins called cryptocurrency. Indeed, due to the price performance of bitcoin so far, many organizations and countries are now buying and hodling bitcoins for long term future proceeds so absolutely, no one is interested in getting much knowledge about bitcoin again since many people are investing as a result of the current trend it has gotten in the market. I think people are getting more wiser not to sell their bitcoins and that is one of the reasons why bitcoin did not experience an intense drop after it got to $100k because many are now holding their bitcoins firmly without being affected by market fluctuations and volatility.
We should not discourage others from selling their bitcoins, but it is a good advice not to sell them because bitcoin is scarce and a valuable asset.

Bitcoin has grown for 16 years since 2008 so there are many investors who were earlier than us in investing in Bitcoin. They bought at a low price like $50, $100, $1000. Well there is a strong reason for them to enjoy the profits that they have invested in less than 13 years or more and it depends on the stage of their entry into investing in bitcoin.

Smart investors only take a little time and that time is to sell a little if they need money, but if not they continue to hold bitcoin because bitcoin has grown quite well with mass adoption.

The market situation is also like that, every second there are people buying bitcoins and every second there are people selling bitcoins. We are still in the accumulation stage so what we continue to maintain is holding and we must buy regularly until we are satisfied with the ownership of bitcoins in our portfolio.