Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Barikui1
on 16/02/2025, 12:44:02 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.

We all know that Bitcoin is volatile in nature but Bitcoin is not in that stage where you can lose 100 percent of your investment, when we talk about risk in Bitcoin we mean probability of losing 10, 20 to 30 percent of your income and which can only amount to a total lost if you are a trader but if you are a long term Bitcoin investor that won't be that margin anymore because Bitcoin volatility those not really affect long term Bitcoin investor.

It is only some who those not know the history of Bitcoin growth that will panic when there's a fall in Bitcoin price, I have gone through the history of Bitcoin growth and I have seen how it was falling and rising so I can't panic for any dip in Bitcoin right now.
Again some people are afraid because they don't know what Bitcoin will become in future, yeah nobody can be too sure of Bitcoin future but if we deal with fact and prove Bitcoin will be more better and bigger in future.

as we all know trading is also part of bitcoin investment not only by accumulating and holding for long period of time,
Com' on boy, what are you actually saying?
Is this a mistake or you said this nonsense knowingly?

How does trading part of  Bitcoin investment if I may ask?
 trading is totally different from Bitcoin investment if you don't know, trading is the act of buying and selling of Bitcoin or other cryptocurrency in the crypto industry, or those set of traders that trade the futures market by predicting the next moves of the market, if it goes their way they make money from it, if it goes against them they loses money.

While investment in Bitcoin is the process where you buy and accumulate Bitcoin with the intention of holding for a very long period of time, because since Bitcoin it's an asset that appreciate in value overtime, as an investor, you stand a chance of making a fortune from your Bitcoin investment in 10 to 20 years time from now only if you can buy now and hold till then, but in the case of traders, it's quite the opposite because they are looking for quick money, and due to that, like 95% of traders are always losing money unlike investment in Bitcoin where you are more likely to succeed as an investor as long as you can hold for a very long period of time.