Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Olatundespo
on 15/03/2025, 09:30:46 UTC
Adopting bitcoin is an act of investment in a future where independence, inclusion, and freedom are more of importance. As bitcoin continues to reshape society, it brings with it the possibility of a world united by a common language of value and trade. Since the adoption of bitcoin it has really done more good than harm to people who keep the bitcoin market going, that's for people who hold their bitcoin for a long period of time.
And because of that, most people today no longer doubt Bitcoin as an important thing in their lives and Bitcoin has even outperformed many other currencies and also fiat in this world. So people who have realized this will certainly continue to strive to continue investing in Bitcoin for the long term and continue to hold Bitcoin without determining when they will release it back into the market. Now the price position of Bitcoin is still below $90K which means it is still good enough for everyone to buy as a step for their respective future investments.
The fun of long-term investing is that once people get it, they will never really go out of their long-term investment plan in Bitcoin. 
In the beginning it may be challenging for an investor to invest in long term plan but if an investor can start and make his investment consistently for a few days then I believe later this investment will become his habit and he will be able to invest consistently later on. There are many benefits of investing consistently, those who invest consistently but think that after spending all they have to keep that certain amount for investment. Such thinking makes an investor a responsible investor. Secondly, the investor has a good chance of earning a good amount of profit from this investment in the future. So I think every investor should plan long term investment as well as take this investment seriously.
If they don't have to depend on investments for their income. They should have a guaranteed source of income for their investments and a backup fund for long-term management. I don't see investing as a fun. It is a serious activity through which I can plan for my future financial situation. Also, investment cannot be the result of a habit that you can keep up with, it depends on sufficient funds and your patience. If you want to profit, and are a new investor, then you should think about getting profit but not like for short term trading and I don't think so. Here long term meaning that is a above 4-10 years and investment made by own finance and only for extra fund or settled funds after weekly or monthly need the family. There are many investors among us who, although they have strong mental strength, cannot invest in Bitcoin due to financial weakness, in that case you cannot be a responsible investor until they have a discretionary income. My idea for investment is that I stay far away from thinking about profiting from Bitcoin until I can build a decent bitcoin stash for a prosperous positive future.