Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy the DIP, and HODL!
by
Rhow
on 15/09/2025, 15:36:25 UTC
⭐ Merited by champions (2) ,JayJuanGee (1)
Perhaps you should have added financial freedom in the future because Bitcoin is not a get rich quick scheme and so if you limit it to this your view and point, it can make a lot of people especially newbie to believe they can actually get rich in Bitcoin in a short period of time which very wrong because we can not actually make or get a financial freedom in Bitcoin in a short while but rather we can get that in a long term investment and not just in a long term but with a condition that we carried it out properly and following the sequence and principles that it should be done.

It's important to go some prior research before jumping into Bitcoin. It's very simple, if you want short term profit then their are other options available like forex and stock. One can try his luck in these sectors for quick gain. The core idea of Bitcoin investment is to "invest and forget" for at least 4 years and it will be best if you can forget it for 10 years. There will be time when you will be tempted to sell your Bitcoins because you are getting good return but one has to stick with his investment plan and hold Bitcoins until his target value is reached.  
I am a little confused by some of your words. You have talked about Forex trading for short-term profit. But as far as I know, Forex trading is not that easy. If a newbie does Forex trading, he will definitely face losses. I think there is no way to make short-term profit in the crypto world. If someone makes short-term profit, then he is lucky. If we invest in Bitcoin for the long term, then we will definitely make profit.

Also, investing in Bitcoin does not require much knowledge. Therefore, one should not waste time in gaining knowledge. It is possible to gain knowledge while continuing to invest. Investment in the DCA method can be done at any time. Since the price of Bitcoin decreases and increases over time, investing in the DCA method is the easiest method. The DCA method is a method of continuous investment without paying attention to the price. Therefore, we should plan long-term investment without thinking about short-term profit.