Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
BigBos
on 17/06/2023, 16:55:11 UTC
⭐ Merited by JayJuanGee (1)
Sorry to explain off topic. Several times i have held more than 5 btc at the same time i sold it and at the same time i did not hold it long term. And only this time I realized that the decision to sell in the past was the worst decision I had ever made.  Maybe it's a bit stupid but that's my experience and I learned to go back to accumulate with DCA since I visited this thread and don't plan to sell again because I've learned from many mistakes that I've done in the past.

Indeed, that's what I said, I just started and hope for a lot of positive support, be it financially or otherwise, because it can make me more enthusiastic about doing the DCA strategy every week.
If you have a clear reason why you should sell your bitcoins in the past, then I don't think it's a bad decision.
There are many reasons to sell bitcoin holdings and one of them is when you feel you need the money urgently. Your health and anything other like building a business are some of the reasons to sell bitcoin, but if you have better options then holding and seeking a solution such as a loan is fine too.
The basic concept is that as long as we already feel lucky and the target we hope for has been achieved, there is really no reason to hold back because even though at this point there is definitely a bit of regret for not holding on longer, but indeed it cannot be changed because regardless of anything when we If you have sold it, you can't really do anything about it anymore.
What needs to be considered in this case is the profit and as long as we sell with profit in it then indeed for something like that there is no need to worry about it in my opinion because let's say your goal at that time has been achieved and now we don't have to find it difficult to buy because the price has been too expensive from a few years ago when you first bought because right now it also can't be used as a comparison and all you have to do is go back to buy with some of the schemes and plans that you have in mind whether it's with DCA or waiting for bitcoin to bottom and buy there as a future plan in front of you.