Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
avp2306
on 15/02/2025, 23:36:13 UTC
⭐ Merited by JayJuanGee (1)
Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.

This statement from you is confusing.

Bitcoin is not risk free.

The advise about investing an amount that you "can afford to lose" is advice given to show that the investment (including an investment in bitcoin) could go to zero, so when you invest, you are choosing to invest into bitcoin from extra money that you have, and you are aware that you could lose up to 100% of your investment amount.

Still thinking of what could probably make one's investment in bitcoin to experience 100% loss but let me just see it as an impossible imagination even though no investment is 100% guaranteed but i don't think it is fair enough for someone to invest in bitcoin with the understanding that their investment can turn to zero. What i can just say is that while we are investing in bitcoin, we shouldn't only focus on the positive aspect of it when the price is seemingly increasing in value since there are times when the market will also become bloody so that when we experience such situation it won't cause us some distress.

They just need to acknowledge the risk of investing of Bitcoin so that they will not take everything easy and think about unrealistic things while on the process of investing then no sudden surprised happen if the market will undergo on correction phase since this is one of the reason why people lose since they get panic on those natural dumping occurrence of the market.

I don't think we should only focus on positive aspect since we also need to acknowledge what possible risk to come along way of our investment so that we can always make better decision to avoid losing our money for unwanted events. Consistency and trusting on the process is important so that we can survive also succeed on those effort we made on Bitcoin. Great years coming ahead and that makes a Hodler as a winner.