Post
Topic
Board Speculation
Re: Buy every dip, and HODL!
by
Wonder Work
on 16/01/2025, 12:52:02 UTC
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.
If they are a little above profit, all the investors I see at present withdraw the investment stock and take a part of the profit. They think again and invest again. It is okay to invest in Bitcoin, but the kind of investors I see today are very few investors who want to hold it for a long time. If you think about investing in Bitcoin, you must think long-term. You cannot expect anything good when investing in Bitcoin for these four to five years. You must remember that this is not an altcoin from which you will quickly get a lot of profit.

If you want to invest, you must pay attention to maintaining DCA. You have to prepare yourself in such a way that you can continue the investment trend and keep everything in order. ‌ We can say that investment is easy, but continuing it for a long time is very difficult. Those who can continue this investment trend will achieve something good. But for those who cannot think long-term about investing in Bitcoin, BTC will certainly be unable to give anything good.

Again, some are investing in Bitcoin, but suddenly, the price of Bitcoin has reached a fairly good position, if they see that it is on the verge of a fair profit, many people cannot handle that greed, so they stop investing and cannot continue for a long time. They are currently deprived of making good achievements by stopping long-term investment for a small profit. Currently, there are a lot of such investors who are unable to continue their investments and are stopping them. I see in different directions that they are interested in investing again. For them, if they had continued their investment without stopping, they would have been on the verge of a much better profit.

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?
Four years of investment is not a long time but a very short time. How can you say from here that it is a long time? For those who understand Bitcoin investment and can think about its future and do good analysis, these four years will seem like a very short time. It has been four years since I started investing that day. That is why investing four years is not a very long time in Bitcoin. If you want to invest in Bitcoin, you must consider it for a long time. And investing in Bitcoin is the safest, which is why I consider investing in Bitcoin to be the safest compared to other sectors.