Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
sotelorene
on 01/01/2025, 13:55:29 UTC
<snip>
Such a thing does not need to be assumed because most people can also see that at this time there are already many rich people with deep pockets who want to buy Bitcoin without thinking about the expensive costs. Because people who already understand Bitcoin will never stop buying Bitcoin and they will even continue to be enthusiastic in buying when they see the price of Bitcoin which has increased. But if you do not have deep enough pockets to be able to buy Bitcoin in large quantities, you can still buy it little by little because that can also be a good option for people who do not have that much money.
Previously, you had to differentiate between price and cost. Price is the value of the bitcoin itself being traded, while fees are the amount you have to spend to make transactions with bitcoin on the network, or also trading fees. Anyone can buy any amount of bitcoin, but you will definitely find exchanges setting a minimum amount. Anyone who knows about Bitcoin's long-term potential will likely invest in it, but no one can force you to invest if you don't believe in this potential.

Whether or not someone invests heavily in bitcoin also depends on how well they are able to weigh the risks. They may have sufficient budget power, but they should not invest in bitcoin using all their money without any consideration.

When it comes to bitcoin investment there's risk however how high or low the risk is depend on the type of strategy they are using if you are into Bitcoin trading then there's a high risk but if you are into Long term Bitcoin investment there's low risk so if you are going into Bitcoin investment you should be able to understand the result of chosing any of the strategy.
We all know that one of the reasons for Bitcoin investment risk is it's volatility however it's volatility doesn't negatively affects your investment as a Long term hodler, the significant gap between its current price and its potential future value prevents Bitcoin's volatility from having a major impact over the long term holders so it simply means that going for long term holding is less risky than trading.

It is not advisable to use all your capital for Bitcoin investment the only capital that is advisable to use is your Discretionary income and the reason why it is advised to use your Discretionary income is so that you will be able to settle your bills with your income that way you won't be tempted to dip hands into your Bitcoin investment to settle bills, using only your Discretionary income reduces the temptation to dipping hands into your Bitcoin investment.



you are actually right, but bitcoin trading and bitcoin investment is not really a strategy per say but perhaps it is an aspect or a classification which everyone interested will have to chose and venture into and then the strategy is what they use to make profit or what help people attain what they really want in that classification or aspect they are into. and i have come to realize that the reason why some people touch there investment when it is not due is because whenever they are investing, they do not know what figure to invest and that is a result of poor financial management skill and until they work on themselves they can not really go far in any investment even outside bitcoin. Volatility is not actually a bitcoin investment risk rather it is a risk to bitcoin traders because if they predict the market to go up and at the end of the day the market go the opposite direction at that point in time they are already on loss but bitcoin investor do not predict they invest and hold so whether up or down they do not care.