Next scheduled rescrape ... never
08/06/2025, 12:50:41 UTC POST DELETED
Original archived Re: Buy the DIP, and HODL!
Scraped on 08/06/2025, 12:45:49 UTC

This is not true maybe is based on your own understanding, accepting that Bitcoin is not risk free is supposed to make any one make good investment decisions and manage their risk, there is no investment that is risk free in the world including Bitcoin investment, I don't see any wrong talking about it as not a risk free investment.
All investments do have risks because in this world there is no job that is free from risk so everyone must be able to understand the risks before doing certain jobs including investing in Bitcoin. But apart from all that, everyone also needs to know that the level of profit that can be obtained through Bitcoin investment is also not a little which can even beat the level of risk that exists in it.

For example, someone who has bought Bitcoin but he has not held it for long but has experienced a minus due to the price drop, but on the one hand the person can still maintain the Bitcoin he has for his future investment, it still cannot be considered a loss because the person is still able to manage the risk and his emotions not to let go of Bitcoin in conditions like the one I exemplified.

I think that a lot of what you are suggesting relates to managing bitcoin position size, and the skills and/or the knowledge of the risks do not need to be known in advance in order for anyone to get started investing into bitcoin.  Anyone should be able to get started investing into bitcoin with the ONLY criteria being that they have a discretionary income, and the more uncertain or scared they are about investing into bitcoin, then the more of a whimpy start that they would take and the more confident and/or bullish they are, then the more aggressive that they would be, and they can learn how to go from being whimpy to being aggressive as they are figuring out how to make sure that they have good cashflow management systems in place.
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This is a very good point and For me I think that the highly most talked about risk In bitcoin investment is not really worth it, and I think that’s what the former commenter @Republikcoin.com was just trying to point out. Obviously there’s no business venture that’s not associated with risk, so why talk about the bitcoin risk as though it’s the only venture that’s so risky. For me I think that those with the mindset of coming to make a quick and sharp profit are the ones who talked about risk in bitcoin investment so much, and such persons are not really bitcoin investors but they are just traders who think that bitcoin is just a place where you come in and make quick and sharp profits. Personally for me and also all of us here as bitcoin investors with the knowledge we’ve gained here so far, we’ve come to realize that bitcoin is a long term investment and whoever wants to venture in it must have that initial strategy of long term goals and not just for the short term quick profit because you’ll be so disappointed and that’s where the risk talks comes in.

Bitcoin investment have Made it even more easier with the DCA method of accumulation, in this method you don’t even worry yourself about the market situation, all your worries will be how to consistently accumulate or buy your  bitcoin and hold for the long term, either on weekly or monthly basis using your discretionary income And again, just as it has been treated here, even if you have a good source of income, without the right financial management skills, no matter the kind of investment you’re on, be it bitcoin investment or not, you’re prone to losses. So for me I think that with the right mindset we can overcome the risk associated with bitcoin and the best way to beat that is to focus on the long term goals of accumulating and investing.