Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Moreno233
on 07/03/2025, 02:32:50 UTC
⭐ Merited by JayJuanGee (1)
I agree with you, in fact, Bitcoin is a currency of such a nature that the more you wait to invest, the more you will fall behind. Every moment is very important to start investing in Bitcoin, invest first if you have money, the more you think about the value, the more confused you will be, because the value is never constant. The time and opportunity that is lost once, never comes back later. So never delay in starting investment, delay means losing time and opportunity. A skilled investor knows the true nature of Bitcoin, that is why a real investor never delays in investing. Whenever he has money to invest, he invests, and they are never afraid of instability, because instability is an opportunity for them. Because they are very sure and optimistic about the future of Bitcoin.
If someone doesn't have a clue about what is bitcoin then forcing them to buy can be a bad idea, what if the price crashed once they bought and you are the one who they will blame you. So guiding them when they realize bitcoin is their path is good but when someone still haven't made up their mind can take their time. Better late than never cause if they do it for wrong reason and faced the loss they might exit the market and will never think about coming back.

So this isn't entirely about the price, it's actually the cause that should drive them to invest, a person who truly understand bitcoin will not be shaken by the volatility so the short bumps and dumps will not likely to alter their strategy if DCAing or whatever they want to practice.
First of all, why would anyone force someone to buy Bitcoin? Bitcoin isn't the only asset or means by which people can invest on so the idea of generalizing it that would make you convince some to buy Bitcoin is just not the right way to go.
I agree with you that forcing someone to invest in Bitcoin is a wrong move because such person will not take responsibilities of the investment and may not have the motivation to follow it with consistency, this will affect the entire process of buying and holding. Investment is something that should happen out of personal convictions and motivations which requires that the investor is convinced that he is doing something right.

However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.