Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip, and HODL!
by
Barikui1
on 16/01/2025, 08:36:37 UTC
⭐ Merited by JayJuanGee (1)
Yep.
If a person understands how Bitcoin behaves through the cycles - he would definitely do it long-term no matter the dip or correction he may face along the line.
Those who responsibly look at their accumulated Bitcoins won't get rid of all of them in one swift go.
Yes, if an investor already knows the cycles that usually occur in bitcoin, it is certain that the investor will no longer hesitate to invest in bitcoin for the long term. Because the potential for the Bitcoin cycle to repeat itself every 4 years is 95% and is exactly the same as the previous cycle. What is different is that in each cycle the price of bitcoin always experiences a higher price increase compared to the previous cycle. For this reason, in my opinion there is no need to hesitate to invest in bitcoin. Because in my opinion, currently the most promising investment asset is bitcoin. What I mean by promising here is the potential for profit. That's why many people do DCA on bitcoin, regardless of the market price. This is because of the bitcoin cycle, because with this cycle people who do DCA feel safer. Because buying bitcoin at whatever price now, it is certain that in the next cycle will still make a profit. So basically we don't need to hesitate anymore to invest in bitcoin. Because bitcoin is truly the best investment asset of this decade.
Looking at your overall statement here, you keeps on emphasizing on circle and profit continuously which is not ideal in my own opinion, because if as a Bitcoin investor you pay too much attention to the profit your holdings might have made already, it would be extremely difficult to hold on the longer run, because you will fall into the temptation of selling for minimal gains when you can make even more of that in like 10 to 20 years time from now.

Then as for the aspect of you emphasizing on circle constantly, we all know that Bitcoin circle is just four years interval, and you spoke why it's necessary to hold for a very long period of time, so I want to ask, is four years interval a very long period of time?
Certainly not in my own opinion, and  paying too much attention to Bitcoin circle might compel you to sell when you ought not to because of the temptations of minimal gains you have made already.