Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Bigjoe33
on 18/02/2025, 18:37:42 UTC
Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.
Every good venture like Bitcoin tends to have a lot of critics to it's cause, when there's nobody against or attacking an innovation, it sends a negative message about that invention. You cannot force everybody to like Bitcoin, funny enough most of those who used to fight Bitcoin now saw it's value and invested into it. For example JP Morgan once said in 2017 that Bitcoin is a fraud that would ultimately blow up and same JP Morgan owns about $731,246 in spot ETFs. Signaling he just turned believer.

Nobody comes into a new innovation fully convinced, they always give it a try and increase their conviction along the way, it's fine to have some elements of doubt at the beginning of your investment into Bitcoin, but as you learn more about Bitcoin and advance in your accumulation journey having the long-term mindset. Your conviction and appreciation of Bitcoin would improve considerably.

You just nailed it Sticky Bomb. Yea. Critics is right and accepted  as it is another means of keeping the new inventor on his or her feet inorder to make things right and also ensure quality and good sustainability for a long run if such inventions are genuine. And about doubts, I think it's a natural phenomenon. I think it's more like been careful, been skeptical in full participation, yea! This is something you have not done before. So it is only natural you may not believe the process since you have never experienced it.

Imagine someone getting into Bitcoin investment for the first time, He should fear and have doubts. Even though
he has seen its workability, or heard of its goodwill. Even though such a person has made all the needed research about Bitcoin, knows about its volatile nature, learns about how to study the market, how to buy and hold for long time, etc, so long as it's investment or trading as the case may be, since it's a new person in the business, doubts must be there. When one experiences everything first hand, only then can one build confidence in the process.

Bitcoin investment especially for a long term is a great deal. It's okay if one doubts, but the process if involved fully with future plans will clear the doubts completely.