Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Zaguru12
on 31/01/2025, 23:06:56 UTC

If @Callido actually said and i quote that bitcoin might not give enough returns that means he is invariably trying to tell us to invest in some fucking shitcoins but what i see from the explanation he is trying to give, i feel he is a bit confused or don't know how to place words accurately in order to pass the rightful information he wish to give. That not withstanding, i am still thinking of the shitcoin that one can probably think of diversifying into that will yeild enough returns as @Callido said, lol. The summary of everything is just that he sounds contradictory, confused and can't use words accurately to butress a point. lol

I wouldn’t disagree that bitcoin will not give someone the huge returns that most people expect it to actually give them. Yes bitcoin is volatile but the volatility is not that high like we have in other coins, bitcoin cannot move 10x in a short period of time like what some investors will want. Bitcoin volatility is actually very significant and profitable when it is invested in for a longer time. Bitcoin returns are not insignificant but rather more profitable take for example the amount of pump bitcoin did from 2022 till today, it is almost 7x and that to me is profitable enough.

For diversification I am one of those who is always against the idea of the investing into other Altcoins and tagging them as diversification because they are not due to their pump and dump schemes, with bitcoin at least after a long period of time the profit is guaranteed but it is not with most Altcoins