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Author Topic: Invest & Hodl Bitcoin!!  (Read 15477 times)

Online JISAN

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Re: Invest & Hodl Bitcoin!!
« Reply #285 on: May 08, 2024, 07:02:12 PM »
Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.

You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.

luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.
You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.  Did you know then that Bitcoin will never drop below $56k? so since you took a huge risk without knowing it you are now in profit but you should be holding them tight.

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Re: Invest & Hodl Bitcoin!!
« Reply #285 on: May 08, 2024, 07:02:12 PM »

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Offline TopT3ns

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Re: Invest & Hodl Bitcoin!!
« Reply #286 on: May 08, 2024, 07:16:51 PM »
Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.

You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.

luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.
The DCA method is indeed one way to buy coins in stages, but we have to know that making purchases using the DCA method means requiring quite a lot of capital and of course we have to be smart in managing the finances we use for trading and for living expenses. .

Offline UNIVERSE

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Re: Invest & Hodl Bitcoin!!
« Reply #287 on: May 08, 2024, 11:26:33 PM »
You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.
There is no investment that has no risk. If we don't want to take the risk, we will never join investment. In crypto investment, the volatility is the challenge, we must deal with the volatility. People who knows crypto well, must think volatility is the advantage, not the bad side of crypto. It is because volatility makes crypto to increase high. Just imagine if there is no high volatility, so there will be no pump in crypto price.


Offline pacar_tiri

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Re: Invest & Hodl Bitcoin!!
« Reply #288 on: May 09, 2024, 09:36:35 AM »
You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.
There is no investment that has no risk. If we don't want to take the risk, we will never join investment. In crypto investment, the volatility is the challenge, we must deal with the volatility. People who knows crypto well, must think volatility is the advantage, not the bad side of crypto. It is because volatility makes crypto to increase high. Just imagine if there is no high volatility, so there will be no pump in crypto price.
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.

Offline armanda90

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Re: Invest & Hodl Bitcoin!!
« Reply #289 on: May 09, 2024, 11:46:42 AM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.
The trader brave with risk has chance to earn much profitable in the future but if scare when investing seems difficult to get profitable. Its not matter with big or small capital use for investing but how to face brave or not getting risk when investing assets in cryptocurrency or other investment way.
Usually some one already with risk not get problem for investing in bitcoin indeed current price of bitcoin drop. But difficult to make some one realize and want taking risk for investing assets in bitcoin or real business behind scare or avoid with loss in the future.

Online Jamal Aezaz

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Re: Invest & Hodl Bitcoin!!
« Reply #290 on: May 09, 2024, 10:15:56 PM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.

Taking risk does not mean that you will always win through accepting the risk like if you invest huge amounts in meme coins then you will take the risk but your success will also be very difficult because Meme coins do not give you friendly outcomes and due to investment in meme coins many people have lost their trust in crypto investment.

I think in those coins which are more risky for investment we have to put in a small amount as putting all amounts in risky fields is not a better idea for investors. If we choose Bitcoin or top coins and invest largely in these coins then our risk will not be so huge but meme coins are totally different from top coins which reduces the value of your money.
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Offline enwi

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Re: Invest & Hodl Bitcoin!!
« Reply #291 on: Today at 06:10:23 AM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.
The trader brave with risk has chance to earn much profitable in the future but if scare when investing seems difficult to get profitable. Its not matter with big or small capital use for investing but how to face brave or not getting risk when investing assets in cryptocurrency or other investment way.
Usually some one already with risk not get problem for investing in bitcoin indeed current price of bitcoin drop. But difficult to make some one realize and want taking risk for investing assets in bitcoin or real business behind scare or avoid with loss in the future.
It's true, when market conditions are entering a bearish season like this, all cryptocurrencies will have very high risks, we must maintain patience to wait until the price decline stops and enter when prices are still cheap. We have to face the risks well in order to make a profit according to our wishes.

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Re: Invest & Hodl Bitcoin!!
« Reply #291 on: Today at 06:10:23 AM »


Offline DAMKAR

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Re: Invest & Hodl Bitcoin!!
« Reply #292 on: Today at 06:06:28 PM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.
The trader brave with risk has chance to earn much profitable in the future but if scare when investing seems difficult to get profitable. Its not matter with big or small capital use for investing but how to face brave or not getting risk when investing assets in cryptocurrency or other investment way.
Usually some one already with risk not get problem for investing in bitcoin indeed current price of bitcoin drop. But difficult to make some one realize and want taking risk for investing assets in bitcoin or real business behind scare or avoid with loss in the future.
It's true, when market conditions are entering a bearish season like this, all cryptocurrencies will have very high risks, we must maintain patience to wait until the price decline stops and enter when prices are still cheap. We have to face the risks well in order to make a profit according to our wishes.
When it's bearish, we have to wait patiently, because we will see many people panic with their money because prices are falling. but stay calm, because the bullish top will occur at the end of this year and maybe Q1 next year 2025

 

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