Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Barikui1
on 18/04/2025, 07:56:52 UTC
people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.

Luckier? I don't think so. Do you know that holding Bitcoin for 1 is year is like holding Bitcoin for 5 years, now imagine how emotionally stress a person that has hold Bitcoin in the last 10 years. If you look back to the thing that has happened to Bitcoin price, the multiple crashes that has happened in the past, you will doff hat for people that has never sold any Bitcoin. Anyone that is holding Bitcoin from that year to now deserver all the goodies they are having now and not the term "luckier".

Truly, you aren't far from the truth, holding Bitcoin isn't as easy at it seems, it's a lot easier to buy, but holding is a different thing altogether.
Then as for the bold statement in your write up, I largely disagree on that, because you wouldn't feels like that if you are mainly focusing on accumulating more, not paying too much attention to the outside noise and speculations of the market. If you truly have a set goal on when to buy and hold till then, and you remain focus on your aim, 1year wouldn't feels like 5years in my own opinion, it's only when you pay too much attention to the market and speculations, that's when you will feel such way.

Quote
Buying and Holding Bitcoin isn't easy, which is why you see alot of folks don't have the patience but believe me, there is a greater reward for been patient as a Bitcoin holder.

Truly it's not easy to hold, because patience alone is not enough, that's why measures must be put in place so that you can hold strong, and not tempering with it, that's why having a source of income, and emergency funds and possibly a backup fund is greatly needed in other to be able hold without tempering with it regardless of the emergency situation that may arise in the future.