Hi everyone,
I’ve been investing in Bitcoin for a few years now, and I'm already used to the roller coaster ride – but only in small amounts.
I’m firmly convinced that now is the right time to invest a significant amount of money for the long term, provided you can hold onto it for a long time. But a little voice in the back of my head keeps telling me, “That’s unreasonable,” “That’s not enough diversification,” “Bitcoin could keep falling indefinitely,” and so on. Do you guys know what I mean?
I’d bet that Bitcoin will be higher in the next 5–10 years than it is now. It would be silly not to jump in now, if you can afford it.
So my question is: how do you calm that voice? Any experience?
Posted by The_Ancient_Wanderer
11 Comments
Got that experience and I can sum it up that it’s worth holding it for a long time.
You calm that voice by doing more reading into bitcoin and money, the maxi’s journey.
You need to diversify, no one can predict the future.
If you are committed with your future self, then it’s the right move.
Bitcoin will be more and more used by regular people and businesses. It’s just matter of time and logical evolution.
It’s the same as storing wealth, you can get robbed; but building wealth is necessary. So, this is the best moment to do it. It will just go up and if it goes down is nothing.
Only invest in Bitcoin what you can not afford to lose !
That inner voice is basically risk management talking The usual way people handle it is by spreading buys over time instead of going all-in at once
BTC is a hold if you are thinking long term. Just drip and put what you don’t mind losing or not having access too. Like max out an IRA type shit
In the AI future Bitcoin and digital currencies in general will be commonplace
Se quella vocina in testa ti dice di non farlo ascoltala
Ask yourself this question: why do I care if Bitcoin “goes higher” or “keeps falling” against a fiat shitcoin with one node, zero proof of work, and an infinite cap?
Bitcoin is the immovable fulcrum against which everything else is measured. The vast majority simply haven’t realized this yet, including you OP. Keep reading.
Hey,, anybody know anything about the ETHGas coin?