Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Cossyblack
on 25/06/2025, 08:22:00 UTC
Being overly optimistic about investing can cause problems for an investor later. For example, if a person is optimistic after investing that his investment will make $4 or $5 profit immediately after investing or if he thinks that his investment will never go down. If someone thinks like this, he will be forced to sell his investment later. Because when he sees a decline in the market, he will get scared and then he may decide to sell his investment..
This may be possible, because if someone invests $200, there may be a profit of $4-5 in a short period of time. Now if you expect to make such a quick profit you will not be a successful investor. If you expect profit soon after investing then it is not wrong to call you a trader, to be an investor you have to buy bitcoins and hold on for long term. Now it is normal for the market to fall, so don't despair here. If one is disappointed to see the market down, he will not be able to hold for a long time, and if he cannot hold for a long time, he will not be a successful investor.

Some people are very funny, imagine investing $200 and then getting $4-5 in a short period as profit, this doesn't make any sense because if someone can afford to invest $200 then what is $4 or $5 profit? This explains lack of understanding because how will someone risk $200 just to make this little profit and this set of investor always sells their investment when the price is going against their  wish. Long time is always the key to every successful investment and is not like some Investors don't know or understand but they decide to go the wrong  direction.
In my own opinion, any investor that's sells their portfolio due to price fluctuation of the market,the very moment he sold his Bitcoin investment based on the excuse that the market is not on his favor disqualify him from been called an investor but a trader. Since Bitcoin is a speculative asset,Market fluctuation shouldn't be a problem to any investor with a long term investments plan because  it's the nature of Bitcoin to be violatile as the price may likely change all of a sudden. An investor that is not ready to go into Bitcoin investment with a long term perspective should forget about maximizing profits from Bitcoin as his financial status may continue to remain unimproved .
Following the rules and applying them accordingly is our best chances of generating huge profits from Bitcoin, which is to Invest for the long term and to be consistent in DCAing buying and accumulating Bitcoin using our discretional income and within our financial limits. Our Emergency and backup funds should also be built alongside our portfolio to protect our investment from any unexpected occurrence that may arise.