Ninjastic
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Board Speculation
Re: Buy the DIP, and HODL!
by
Huliya
on 19/01/2025, 15:51:10 UTC
Quote from: Soft Crem on Today at 09:43:03 AM
Quote from: xvacator on Today at 07:09:11 AM
Quote from: bestcandy on Today at 01:34:31 AM
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Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

Your argument is completely different because when the price of Bitcoin starts to fall, investors buy dip into Bitcoin. Look at yours and see that those who bought the Bitcoin deep in 2022 have benefited the most, their investments have reached the peak of their success today.

 I think those who are ultimate holders in Bitcoin are never afraid to take risks, because Bitcoin holding is best for the long term. Those who are short-term holders will basically always face risks, but long-term holding is the most tolerant, it is the most reliable.

It is not entirely false that most people abandon Bitcoin when its price is very low. However, we can never call those who start selling Bitcoin as soon as the price of Bitcoin drops. We can call them traders. To be honest, those who invest in Bitcoin only in name always give Bitcoin a bad name. They never run long investments in Bitcoin. Because they lack tolerance. They only look for a low price market and think that they will buy Bitcoin today and sell it again in a few days. But, most of the time their plan works completely the opposite. That is why they always give Bitcoin a bad name to people.

We, the forum members, will stay away from such investments, but rather advise others to stay away from such investments. There is no specific time for Bitcoin investment, anyone of your choice can start investing in any method at any time. However, DCA is a method that has helped all investors to benefit from their investments to date.