Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 03/04/2023, 09:44:24 UTC
⭐ Merited by JayJuanGee (1)
I would also not get very worked up about "making big profits" but instead preparing the feel more comforts the more that the bitcoin that you have accumulated are in profits, and surely there are strategies to continue to invest into bitcoin for 4-10 years or longer and to really be able to be advantaged by both bitcoin being in profits, but also the likely compounding effects of being in bitcoin for several cycles, and of course there are no guarantees, and there are also some ways that any of us should be able to strategize and to employ our bitcoin accumulation and maintenance strategies in order to make sure we are able to profit from our involvement in bitcoin without getting too worked up about trying to trade bitcoin or to fuck around with those kinds of risky tactics.... while at the same time, each person has to figure out the path and strategy that is most comfortable in regards to his/her own personal financial and psychological circumstances.
in implementing a buying strategy i adjust the passive income to a ability level that i can be sure will not be touched over a long period of time in making an investment, there is no compulsion to increase the buying percentage i mean if i regularly invest $15 in bitcoin i keep doing it with  capital of $15 every week because it will not burden me in financial problems. it's a fairly small number, but if I succeed in 10 years it will be quite a fantastic savings that I have made.

I think if $15 per week is invested in bitcoin then we are not worried about every correction that occurs even when the price goes up 15% we don't see the profit coming to us because the capital we invest is quite small but the understanding here we will continue to buy in the long term  long until in the end we will have 1 btc.