Post
Topic
Board Speculation
Re: A good investor is steadfast even in dip
by
Ishicryptic
on 28/03/2025, 09:09:18 UTC
Although, no investors is happy when his investment is declining instead of appreciating but a good investor that have good understanding of the volatility nature of Bitcoin will not be under pressure when Bitcoin is in dip because the rate at which Bitcoin appreciate is much more than the the decline. And this is the reason why planing for long term investment is one of the unique quality of a good investor because if you hold a starch of Bitcoin for long term you will surely recover all the lost incur during the dip and still maximum your profit in the future.
Irrespective of any circumstances a good investor is always patience and perseverance and will always tend to sustain his investment for long term.
A Bitcoin investor can only be steadfast during dip if he is not in a hurry to sell or take profits, he knows that Bitcoin has the potentials to increase in price and reach new ATH. Investors that wants to sell will worry if there is dip, they might have indecisions on whether to sell immediately before it dips further or wait whether it will pump for them to sell at a higher price. Investors that have long term plan and have reasonable source of income to take care of their immediate needs will remain steadfast because their is no reason to consider selling, no matter the direction of the market. Knowledge of how Bitcoin circle works and that it is volatile is important for newbie investors to understand so that they will not worry unnecessarily when there is dip.