Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
sotelorene
on 19/01/2025, 15:33:09 UTC
I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin.

And anyone who doesn't invest today can still invest later and if they are serious with their investment they will still make it or build their portfolio, so is not just about investing early rather it is how well or far you can go in your investment some people who started earlier are still backward
People who do not know about Bitcoin may not be aware of the benefits of investing in Bitcoin early. However, if someone knows about the benefits of investing early, then he will not be willing to waste a moment of time. If an investor can gain basic knowledge of holding Bitcoin, then I would say that he should hold Bitcoin as soon as possible. Maybe many people who started earlier could not hold Bitcoin for some reason or his financial condition is not like others. But if he holds Bitcoin and accumulates it regularly, then he will definitely be able to profit according to his investment. A person may be late in investing, but if he is able to gain three good insights about Bitcoin, he will certainly not want to shorten the time to accumulate Bitcoin regularly.

I totally understand your point though sometimes it is not just about knowing something that will make one to be aware of the benefits of that particular thing because I have seen a lot of people who understands or let me use the word know,  they know Bitcoin but they don't still understand the benefits of holding for long term because they are just in interested in short term profit. However, the time one start holding Bitcoin doesn't really matter what matter is, how consistent, discipline, patient etc they are with their holding and the ability to manage their investment.