Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Gost ms
on 08/03/2025, 07:57:33 UTC
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.
It may be wrong to force someone who is new or has no idea or knowledge about Bitcoin to invest. Because Bitcoin is an uncertain market, where anything can happen at any time. You can never guarantee that you will make a profit from Bitcoin investment. If you force a novice investor to invest, he may blame you for the market instability or he may panic and face losses, which will be your sole responsibility. Maybe you can inform him about the positive and negative aspects of Bitcoin as a consultant. That is, you can advise him on the risk management and high profit potential of long-term Bitcoin investment as basic knowledge. You can even exchange basic knowledge about wallets and investment methods with him.

A few days ago, the price of Bitcoin dropped a lot and at that time, many new investors or inexperienced investors were restless. Amidst this volatility, those who have deep knowledge and full faith in Bitcoin are the ones who have survived. Before giving investment advice to anyone, it is necessary to advise them to gain knowledge about Bitcoin. So that when the price of Bitcoin falls, they do not become unstable and they do not think that Bitcoin will not be able to regain its value. When they have knowledge about Bitcoin and have faith in Bitcoin, they will be able to stabilize themselves or control themselves at least to some extent during the market decline. When they know all the information related to Bitcoin, I think they will feel like investing on their own.

You can advise long-term plans to those who express their desire to invest and warn them about the risks. You can provide the right knowledge to those who are reluctant to invest due to lack of proper knowledge about Bitcoin or help them gain knowledge by providing the right source of information. I think solid knowledge is enough for a person to voluntarily get involved in investment.