Quote from: BitBakerr1 on Today at 06:30:17 PM

Quote from: GIF-JOBS on Today at 05:19:00 PM

Quote from: Proty on Today at 05:01:08 PM

Quote from: Findingnemo on March 06, 2025, 06:40:41 PM

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.

Some of you are really confusing yourself because if you are introducing some one into bitcoin you will never forget to mention the strategies use in accumulating bitcoin,like buying the dip.so during the process of explaining this strategy buying the dip you have end up explaining to the person what bitcoin volatility is.It is impossible to force someone to invest in something they are not interested in because will all have different views about something.There are so many investors that understand the volatility of bitcoin but whenever there is a dip they are grip by fear of the fact that history may not repeat itself.people are much more afraid of what they know than what they don't know.

Actually, if someone disagrees with investing in Bitcoin, never force them to invest in Bitcoin. Because even if they initially express awareness of the volatility of Bitcoin, they panic when the market falls, and sell their holdings and suffer losses. Actually, their minds can change at any time, so let them do their research first, everyone's risk-taking ability is different, and everyone's investment preferences are not the same. Therefore, a newbie should not be attracted to investment only by showing the profit side, because Bitcoin is a volatile currency, and due to its volatility, Bitcoin can be dumping at any time, and in that dump, the investor will panic and sell his holdings. As a result, he will never be able to hold his investment for a long time, and he will not get a good result. Rather, he will only suffer temporary losses, and he will blame you for this loss.

Lack of knowledge of Bitcoin history growth is the reason why some investors panic, if you know how bitcoin growth was you won't panic for any dip, please people should go and check out the history growth of Bitcoin, well let me share something I think will be of help to those who has no or little knowledge about Bitcoin history growth.

https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp
If you check this above you will see how bitcoin was falling and rising till it grow to this point so dip has been part of Bitcoin and should not be a reason for any panicking, when there's a dip is an opportunity to accumulate more with less price and it is certain that it will rise again as time goes on.

Indeed Bitcoin is really an asset someone should invest in and hold for a long period of time, the chart has really shown us how profitable we will be if only we keep accumulating and holding for a long period of time. You can see that regardless of the Dip that occur between 2014 and 2015 yet it recorrected and pump so there won't be need to be panicking anytime there is Dip and if you can not bare the Dip then while investing when you know there will always be a Dip. Funny enough when people with limited knowledge of what Bitcoin Dip is all about are panicking, people who understands it are busy accumulating and increasing there portfolio. In summary, Bitcoin is not always up up we shouldn't get it twisted.