Ninjastic
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Board Speculation
Re: Buy the DIP, and HODL!
by
Olatundespo
on 25/01/2025, 14:41:46 UTC
Quote from: Bd officer on Today at 01:45:17 PM
Quote from: Just Say on Today at 10:11:49 AM
Quote from: As-Soon-As on January 24, 2025, 10:04:34 AM
Shitcoins are just like that, they make people greedy for money at the beginning and they can double or multiply the dollar in an instant. But those who invest in this greed later, their hundreds of dollars become zero in an instant, as evidenced by those who like shitcoins.
However, there is no record of anyone losing money in Bitcoin, only long-term investment has given them more success. Trump Coin has halved the capital of many people in an instant, so only Bitcoin investment is the best, but long-term investment is the only one that provides the most success.
I think Shitcoins may be made to deceive people, because today we noticed a news that Ripple was trying to destroy the Bitcoin Reserve, maybe this effort could be the most failed attempt for them. I have never invested in this coin before. After reading this news, I am not interested in investing in this coin. So I would say forget about investing in Shit coins. Choose Bitcoin to invest in instead of Shittcoin, which will be more profitable for all of us.
Shitcoins are dangerous, so be prepared to lose if you invest in Shitcoins. I think Shitcoin is like gambling or winning the lottery, investing in Shitcoin can expect to make a lot of profit quickly but if you don't take the profit at the right time you will face huge losses. So there are fiduciary currencies like Bitcoin that can be expected to be very profitable in the long run, so why should we focus on Shitcoin? Bitcoin is the most trusted currency, so we should always focus on Bitcoin. So it would be better to continue investing in Bitcoin with the DCA approach for the long term. So buy bitcoins and hold for long.
An example of shitcoins being dangerous is the Trump coin, which initially had a price around $10 but after the US President was sworn in the price showed an unusual bullishness. I think some traders felt extra pressure to buy and bought. The highest ATH of this coin was $74.59 and it some traders thought that the price might increase further. In just a few days, the price of this coin fell to a record level, which caused huge losses for small traders. It is possible that some traders made huge profits but the reality is that they kept it unsold in the hope of making more profits and they faced financial losses in the long run.

If an investor invests in Bitcoin such as in the DCA strategy he does not need to face additional financial or emotional stress. In this method, he will set his strategy in such a way that a part of the income will be allocated for Bitcoin accumulation from the disposable income after meeting the daily needs of the family. In the early stages you should focus on long term deposit rather than the potential for profit to get a decent Bitcoin portfolio. The expectation of profit can be associated with the idea of ​​trading so you should make regular deposits to maintain your Bitcoin holdings.