Ignore the dip and Invest in Bitcoin for long term

[wmaurik]

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.

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[TopT3ns]

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.

[harapan]

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.

[kamvreto]

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.

[Lordshiva]

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.

[harapan]

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.

[Jo_Liu]

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.

[BobK71]

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.

[blackkat071]

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.

[gullobhai]

Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient

[smartaction]

Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient

If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.

[hZti]

If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.

It was always the case that bitcoin went up over time, but also people need to know that this is not a law. Bitcoin does not produce any wealth or create a product. It will not in return go up over time always, like the stock of a company that makes money over time.

[bitzizzix]

Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient

If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.

Actually in any situation in the bitcoin market it will be more profitable in the long run even though it is in an upturn and for much more profitable profits.
bitcoin is not easy to predict but profits will definitely come after a decline, and the most important thing is to be patient and take advantage of the downturn to increase holdings and hold it for the long term.
Panic will not occur for users who have been in the industry for a long time in the current market situation because they know what to do, and for newbies, panic will definitely haunt but all will be well as long as the seniors provide good advice. And also have an interest in understanding and knowing the bitcoin footprint and the market well.

[salad daging]

Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient

If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.

Only long-term investments in my opinion are better for future opportunities, if we can't understand the current state of the market and it's difficult for us to know then it's better long-term as many have suggested or the DCA strategy will be better the same as the long-term long.

I have confidence that the market will be difficult to predict, so applying investments regularly can be said that DCA will not make you feel more burdened, which means that this investment will be a little lighter if carried out with your confidence and consistency.

[isaac_clarke22]

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I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol.

[Mahanton]

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I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol.

You cant really tell that its just basic sense because even though we could really say that its dumb when you do make a sell on a  declining market but there are indeed people who actually done it.
Sounds dumb right? but there are ones who do panic out whenever they do saw their portfolio is going down thats why we cant really make out conclusions yet but it is really just right for us
to hold rather than on selling it because there's no point when you do make such action if you do know that the market could really make out some recovery on upcoming months or years.
Although it cant really be that predicted but we do really know its potential which we have seen this one.

[qwertyup23]

This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

While this may be considered as a relatively good advice, you somehow failed to account that there are investors who have thousands to millions worth of BTC $$$ at their disposal to the point that the slightest movement on its price could mean a gain/loss of thousands/millions on them. The beauty about BTC is that it is highly volatile- lots of investors take advantage of this unique characteristic in order to invest either short/long-term.

But OP, you are right- regardless of everything, people should be more focused on aiming for long-term investments. By basing it purely on BTC's price history, you could see that its price definitely skyrocketed since its origin. From that reason alone, long-term investment should be heavily considered on this aspect.

[wmaurik]

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.

What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.

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.

Totally agree with what you say, because long-term investments also have a deadline that must be determined and even then if the conditions are much better before the specified deadline arrives, then selling some of the assets being invested is also a very good option because consideration is about profit.

[Sophiya]

 The market really is unstable in the last couple of months. 
But for small traders, this is also a time for long-term earnings.  The main thing is to find the patience to wait for a good price and not succumb to general panic.  And also look at things realistically, overcome your greed, and sell a coin in time 😄

[gabbie2010]

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.

Long term bitcoin investment is very rewarding only if the hodler is ready to patiently wait for many weeks even months, with reference to BTC/USD weekly chart for every dip experienced by bitcoin it is always responded with a massive pump repeatedly, presently the price had already dipped, expectedly a pump is imminent based on the Price Action on the chart, however to earn a reasonable amount of profit the hodler needed to make a huge investment, selling at dip is never a good idea because of the tendency of bitcoin to bounce back at every dip historically price patterns repeat itself.