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Scraped on 30/04/2025, 21:12:24 UTC
A lot of people are naturally going to be tempted to trade and/or gamble - and with bitcoin we could end up getting very thrown off because we start to think that we can see its ups and downs and then to buy and sell according to what we see, yet, we also may well end up failing/refusing to recognize/appreciate how badly we can end up getting screwed if the bitcoin does some kind of stair step upward and we have little to no bitcoin during such upward stair-stepping, and so we end up with way fewer bitcoin than what we would have had if we had just stayed focused on ongoing bitcoin accumulation.
Especially those making use of leverages , thinking they could time the market knowing when is going up or down, with the full awareness that they can't tell or predict the market movement they can only speculate the market prices .
Just like this token name $AlPACA binance added them among the token they are going to delist soon , so the project started manipulating the market increasing the volatility of the token so many traders was running into it in the name of wanting to make some huge profits with a short period of time .
But the market moved in both ways once liquidating alot of folks funds , I saw someone that loss up to $10k , just imagine that same person investing that money in bitcoin , he or she would have been able to secure a nice stash for a start-up. But no... Because of fast profit they lose it all leading to waste of resources.
This is why I keep telling folks to be careful at there this space ain't no friendly one , you just got to be smart and make smart investments like investing in bitcoin and if you are having the thought of diversifying you can diversify in other things outside the crypto space , because you can't all your egg in one basket ( something like that ) you
Investing in bitcoin does not make you rich, and not investing doesn't mean you will remain poor, but what matters most about bitcoin investment is the gain you will make if you invest in it. The benefits of bitcoin are the financial stability you will gain from it. Those who are investing in bitcoin don't see themselves as better than those who are not investing; they are investing for themselves and do not care what other people are doing with their lives because bitcoin is personal. Bitcoin investment is important for every investor because they know the benefits of investing in bitcoin
Investing in bitcoin is more of making good use of the opportunity will have now , is not everyday we gems like bitcoin and bitcoin has come to stay , you investing in it shows that you are being part of something great and yes is also brings financial stability, and the early adopters then can testify . Investing in bitcoin doesn't shows you are better than anyone, you are only. Doing it for your self and your generation, building something that will help yah in a long run , to invest and not to invest is base on one's choice .
Original archived Re: Buy the DIP, and HODL!
Scraped on 30/04/2025, 20:42:21 UTC
A lot of people are naturally going to be tempted to trade and/or gamble - and with bitcoin we could end up getting very thrown off because we start to think that we can see its ups and downs and then to buy and sell according to what we see, yet, we also may well end up failing/refusing to recognize/appreciate how badly we can end up getting screwed if the bitcoin does some kind of stair step upward and we have little to no bitcoin during such upward stair-stepping, and so we end up with way fewer bitcoin than what we would have had if we had just stayed focused on ongoing bitcoin accumulation.
Especially those making use of leverages , thinking they could time the market knowing when is going up or down, with the full awareness that they can't tell or predict the market movement they can only speculate the market prices .
Just like this token name $AlPACA binance added them among the token they are going to delist soon , so the project started manipulating the market increasing the volatility of the token so many traders was running into it in the name of wanting to make some huge profits with a short period of time .
But the market moved in both ways once liquidating alot of folks funds , I saw someone that loss up to $10k , just imagine that same person investing that money in bitcoin , he or she would have been able to secure a nice stash for a start-up. But no... Because of fast profit they lose it all leading to waste of resources.
This is why I keep telling folks to be careful at there this space ain't no friendly one , you just got to be smart and make smart investments like investing in bitcoin and if you are having the thought of diversifying you can diversify in other things outside the crypto space , because you can't all your egg in one basket ( something like that ) you