Is every fall an opportunity?
Of course not! Because sometimes, the lower you get, the lower you get. You need to know 2 things here:
1- Why did we buy?
2- How long is our maturity?
➡️ Example:
I believe that Bitcoin
BTC will continuously increase in value in the long run. Because I know why I bought it. It's simple math (fixed in my article profile). But is there no risk?
Of course, there is risk.
❌ For example, if the US bans it?
This is unlikely today, but of course it can happen. As a matter of fact, the US banned gold investment between 1933-1974. Such a thing would not end Bitcoin, but it would make the road very long.
✅ So?
1- If you believe that what you are buying will appreciate in the long run and you have a long maturity, declines are opportunities.
2- But if you've only heard about your investment from someone, then you're more likely to get scared and sell at every drop.
Thanks for reading 🙏
Of course not! Because sometimes, the lower you get, the lower you get. You need to know 2 things here:
1- Why did we buy?
2- How long is our maturity?
➡️ Example:
I believe that Bitcoin
BTC will continuously increase in value in the long run. Because I know why I bought it. It's simple math (fixed in my article profile). But is there no risk?Of course, there is risk.
❌ For example, if the US bans it?
This is unlikely today, but of course it can happen. As a matter of fact, the US banned gold investment between 1933-1974. Such a thing would not end Bitcoin, but it would make the road very long.
✅ So?
1- If you believe that what you are buying will appreciate in the long run and you have a long maturity, declines are opportunities.
2- But if you've only heard about your investment from someone, then you're more likely to get scared and sell at every drop.
Thanks for reading 🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.