Ninjastic
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Re: Buy the DIP, and HODL!
by
Agbamoni
on 01/03/2025, 14:36:03 UTC
⭐ Merited by JayJuanGee (1)
Quote from: Zackz5000 on Today at 05:09:54 AM
Quote from: LGD2Business on February 28, 2025, 02:32:09 PM
Quote from: sotelorene on February 28, 2025, 02:14:01 PM
Remember that Bitcoin is very volatile in nature so you saying that Bitcoin has fallen to its lowest level is wrong because it may or can still fall below what it is now but we don't know and wether it falls again or not, long term investor who understands Bitcoin will not be weary because it won't fall forever rather once it is okay, it will pump back again and who knows if it will give us a new all time high (ATH) and I think It will definitely give us once it bounces back. Saying the condition of the market is not very good right now makes you look like a trader because an investor won't say that rather they will be happy to see this kind of opportunity to dive in and accumulate more Bitcoin and store because this is the opportunity most investors have been waiting for and any who plays with this opportunity shouldn't expect this kind of opportunity soon again.

There is no such thing, as volatile as Bitcoin is, so are other investment instruments. In the past, Bitcoin was little known, there were few investors, the price was easy to manipulate, a few people could raise or lower the price as they pleased. This is no longer the case. There are very big investors, it has a very big marketcap. It's hard to make Bitcoin more volatile now. We see 10% drops, we don't see 50%. There is no such power anymore, Bitcoin cannot drop 50% in one day. But crappy altcoins can drop even 90%. It's very risky to play with these altcoins. Trading Bitcoin has always been safer.
Such statement doesn't suit a user like you considering your rank in this forum saying that trading Bitcoin has always been safer it is a very misleading information, how did you intend to trade such a great and potential asset such as Bitcoin i wish people doesn't adhere to your information. Trading BTC can never be safer, bitcoin investment is best approach when your invest for a longer period of time rather than going for a short time, now that bitcoin price has drop don't you think that who intend to trade might panic and sell out in lost because of been afraid that bitcoin will dip more? Long time investors won't panic at this moment instead they will have to accumulate more Bitcoin and HODL for a time of 4-10 or more please disregard bitcoin as a trading asset and HODL for a longer time.
Rank does not signify that a particular user has the best of knowledge on everything in the forum. He may have higher rank but his knowledge on Bitcoin investment is limited. Also, the only reason i am against what he said is because we are meant to be discussing on how to accumulate more Bitcoin at this period not a plan to start trading a valuable asset like Bitcoin.

At the same time Zacks we cannot push someone to start what he may not be able to finish. That will be a financial mistake since everyone has the right to do whatever they want with their finance and take responsibility for every action they make. Let him make his choice if he wants to trade Bitcoin or not, but when discussing in this thread he should only talk about investing and not trading.