Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Nheer
on 13/06/2025, 10:58:24 UTC
Yeah it would seem more like gambling if one goes beyond discretionary income but some times I do have this feeling if we are only buying bitcoin with an amount can afford to loss them doesn't that make it a gambling because we are afraid we might losses them? lossing can be in many ways but the most fear in this instance is the fear of lossing it to crash or hacks/attacks. I prefer to invest into bitcoin with an amount that I can afford but not the chunks from my discretionary income, if we keep it being only a little of what we can afford to loss to me it's now a gamble which bitcoin is not.
Let's be clear, investing in Bitcoin isn't the same as gambling and definitely not as you have explained. Sure, there's risk involved just as in gambling but if you're in it for the long term, Bitcoin can be much safer. That being said, it is important to invest money you can afford to lose like discretionary income or funds you don't need for anything else.This approach helps you stay calm and focused on the long game even when the market gets wild. You'll be better equipped to handle market flunctuations without freaking out. Investing money you can't afford to lose will only give you stress and anxiety and you will always be glued to the market, worried about every little dip and tempted to make impulsive decisions. Don't risk what you can't afford to lose, invest smart and plan for long term holding