Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
HajiBagi
on 10/05/2025, 18:19:04 UTC
I am not sure what the purpose would be for any newbie to be concerned about whether his bitcoin is going to double in the short term or not, especially since bitcoin should be considered as a long term investment, and anyone getting started buying bitcoin in the $97k prices is going to likely take a long time to build his bitcoin investment - perhaps 4-10 years or longer - unless you are suggesting that newbies are going to be ready willing and/or able to front load invest into bitcoin and then discontinue investing.

It kind of amazes me, they make it seem as though Bitcoin is one money doubling opportunity, like buying at $94k and watch it grow beyond $188k to get a doubled investment, it makes no sense for a newbie investor, I've come to understand that lots of people have misplaced priorities concerning Bitcoin investment they come in with the mindset of investing to take profit in a short period forgetting that Bitcoin investment is for the future and those that are patient enough to wait, I would've defended them with the saying that it's due to ignorance but at this point, it's no new thing that Bitcoin investment is for long-term purpose.

At this point I don’t think some people think Bitcoin is a short-term investment unless those who don’t know what is Bitcoin or those people who don't want to believe in what people say about Bitcoin, Bitcoin is not that investment anyone will rush and invest just because he sees someone who invests in Bitcoin is doing better, people think Bitcoin is a shot time investment always regret at the end because they will find it difficult to believe in Bitcoin no matter how you try to explain to them.

The patient is the first thing a person should have before thinking of buying Bitcoin and those who need to know about that are the newbie because the way some newbie thinks about Bitcoin is too much, the expectation is very high, but I think it is from people those who introduce them to Bitcoin because if some people want to make someone to buy Bitcoin they will do everything to convince them.