Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jewan420
on 16/05/2025, 17:13:29 UTC
Being thinking of selling off a landed property that's being dieing over the years and use the funds for investing but am still to see bear market before I make that move too.
That move of selling off a landed property to raise funds and invest in Bitcoin I think should've been made last month that Bitcoin recorded the lowest dip of the year when the price dropped to as low as $74k since you wanted to take such bold decision when the market is bearish. I don't think we're going to experience such dip again this year and even next year because the bullish run is almost upon and it's already been highly speculated that the price of Bitcoin will significantly increase when the surge hits the market.
It is not a bad time to buy Bitcoin. I understand what you mean, if you could have bought during a bear market, you would have had the opportunity to buy more Bitcoin and have the potential to make more profit. But it is not too late. Buying is open at any time and can be profitable for an investor if he is in a long-term plan.

But what makes me wonder is, how reasonable is it to invest in Bitcoin by selling land? As far as I can tell, a person can never waste the money he sells his land or he will not be willing to lose that money. Will it be the right move for him to invest with the necessary money or the money he cannot afford to lose by being too emotional about Bitcoin? Will he be able to stay stable in a bear market after such a move? Or will he be able to hold on to the investment for a long time?

Sometimes we make decisions based on emotions that sound very good, but in reality they can be terrible. If he can handle that and if he is willing to lose all that money, then I might agree with him. But in reality, the chances of that happening are very slim.