Topic: Ignore the dip and Invest in Bitcoin for long term - page 4. (Read 2392 times)
common we all know how bitcoin works.. we have seen it happens for last 10 years. Bitcoin had faced many crashes and got long jumps again and again. and people where first afraid to invest and then say i was too late to invest. Just invest and forget that's what we learnt in last 10 years.
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
There is no alternative to invest in Bitcoin and the current bear market is the best time for investment. So many may be waiting for the dip further which may not happen and you may be missing out from an opportunity. I think it would be wise to invest while planning for the long term especially on bitcoin investment.
Totally agree it is a long-term investment! What matters is HOW LONG? This is the vital point especially for those beginners, who are so afraid they would lose money, care for instant lose or win, and would totally panic when loss occur. Cryptocurrency exchanges, more so than stock exchanges, are vulnerable to being hacked and becoming targets of other criminal activity. Security breaches have led to sizable losses for investors who have had their digital currencies stolen, spurring many exchanges and third-party insurers to begin offering protection against hacks. Risks sometime is the thing cannot be taken by investors.
As for using profits made from Bitcoin to invest in other altcoins, I really don't think a newbie like me can pass this. Hahaha, Bitcoin hurts me once, which need time to remend, and I don't think to turn into another's hug would be a better way to recover.
As for using profits made from Bitcoin to invest in other altcoins, I really don't think a newbie like me can pass this. Hahaha, Bitcoin hurts me once, which need time to remend, and I don't think to turn into another's hug would be a better way to recover.
long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.
You should know all the details of the investment that you are wanting to get into. Like I stated earlier, long term investments are what yields maximum profits and to be able to reap in the benefits, one should be able to invest and be patient with your investments for it to brings in the return on investment and thereby making some profits.
Also, while investing, (either long or short term investments), it’s always advisable to use spare money set aside and not money meant for other important things. You don’t use your rent money to invest with the hope that you’re going to get your rent money back along with some profits. Most people in that category end up heartbroken after losing everything.
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won.
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won.
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
Unfortunately no one knows what the lowest price point is because when the price of bitcoin fell at the price of $30k they considered it to be the lowest point price but it didn't, the price of bitcoin fell back to the price of $20k it was very surprising for traders and investors, so if you want to invest at least the money used is not going to be used in the long term so that when the price collapses at any point you don't feel pressured, if you look at the history of price movements Bitcoin is very good for long-term savings or savings. 
People who hold cryptocurrency is just people that I have the ability to lose whatever they have because without being a risk taker you cannot invest into cryptocurrency and make it because it is an investment that or call into way positive and negative reactions which bitcoin can fall into. Holding a coin I believe that it is something that you can as well take the risk when coins falls
Of course, every risk must be understood by everyone before making a decision because basically everyone has to start with research before making a wise decision.So those who are willing to invest with Bitcoin and any cryptocurrency, of course they are willing to lose and understand the risks first before putting some money into any investment.
I know that not everyone can hold crypto currency for long time but all the investment to take place you have to hold cryptocurrency for long periods so that you can make a good gain and again cryptocurrency is investment we have to give for a long time before we can make a good advantages of it from prophet full the best opportunity to buy bitcoin and the any other coin is when the value is low
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won. 
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).
Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
That's certainly a good move, consistently buying bitcoin with extra money. At least, you have nothing to worry if bitcoin price will face a big crash in the future. However, if you can maximize your purchase when the market is deeply bearish, and that bitcoin price is in a big sale, that way you will make an edge and you will save much of your funds. In the end, everyone is free to choose in which strategy they feel more convenient to use. Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.
Yes, so don't ignore the dip. When the bitcoin price is going down, we should not sell our bitcoin, but we should buy more bitcoin when the price is going down. the market will repeat will go up and down and always will, should not miss any moment. As long as you do not act in a manner that is contrary to the "buy low, sell high" rule of investing, you should be fine. The dip market is an opportunity not always available, it will be a long time before we can meet again, so don't miss it.the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
The problem people normally have when they invest they found it so hard to forget about their investment and hodl, they think how to get profits all the time from their investment, hodling seems so impossible because the mindset of making money so quickly is ringing in the heart.
For people who ignore the fall in price and buy bitcoin, at least for me they have all my admiration, I would like to have money to buy all the bitcoin I could, because those people who buy bitcoin right now is because they know that the price will rise to new levels, and you will have millionaire profits, and from now on I congratulate you because there will be many new millionaires, and that is what I call buying intelligently, every investment consists of time and this time is just that to be a millionaire, so yes the sorrow.
It was bullish for bitcoin and all-time-high was attained. In 2020, there was a time bitcoin was below $4000. In 2021, there was a time bitcoin was above $65000. It was a great passive profit making means for many people, people that hold at the time.
Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
Yes it is true. I believe that bitcoin again will reach $100k maybe it will take a long time but it is possible. i bought 1BTC some weeks ago at the price of $20k and i am holding it. i will never sell it by panic. my plan i will hold it minimum of 2 years or more. if is feel a good market beehive. Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
It was bullish for bitcoin and all-time-high was attained. In 2020, there was a time bitcoin was below $4000. In 2021, there was a time bitcoin was above $65000. It was a great passive profit making means for many people, people that hold at the time.
Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
Yes it is true. I believe that bitcoin again will reach $100k maybe it will take a long time but it is possible. i bought 1BTC some weeks ago at the price of $20k and i am holding it. i will never sell it by panic. my plan i will hold it minimum of 2 years or more. if is feel a good market beehive. Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
it all comes back to yourself how to treat bitcoin, for the long term or for the short term.
all of them are equally good just different in the profit is much more when held for longer.
and i saw the bitcoin price change in recent days from $20,000 to $24,000. this is one example of indeed investing in bitcoin is very profitable, whether it's short term or long term. and i think now is the right time to buy bitcoin after that hold it for the long term and hope the price will hit ATH
There is nothing wrong with what you say and I've only been trading with altcoins and trying to keep Bitcoin as a long term investment. Because I also want to get more profit from Bitcoin and enjoy the benefits of daily trading for my current life. Although in general I have also benefited from Bitcoin because I bought it at a price of $20k before increasing to $24k as you said.all of them are equally good just different in the profit is much more when held for longer.
and i saw the bitcoin price change in recent days from $20,000 to $24,000. this is one example of indeed investing in bitcoin is very profitable, whether it's short term or long term. and i think now is the right time to buy bitcoin after that hold it for the long term and hope the price will hit ATH
There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.
People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
What you say is also true because everyone who has researched about Bitcoin will surely find many unique and interesting things and it will also make them to explore Bitcoin in more depth and to get it in various ways. And if it's for investment purposes for a certain time, I think it still depends on each person's attitude and belief in Bitcoin. People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.
People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
Determination of the target price and time period must be determined from the beginning of the investment. this is a commitment in investment, if Bitcoin investment is to be carried out for the long term, then money management really must be prepared, as well as the psychology of long-term investment. People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
Don't let it just take some time to even sell it. Long-term investment requires strategic maturity and must be in accordance with the initial target.
To support long-term investment, you can also apply the DCA Strategy, now this is the need to do financial management, buy some bitcoins at dip prices to add long-term bitcoin assets and increase profit opportunities.
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