Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Rabata
on 16/08/2023, 14:31:03 UTC
⭐ Merited by JayJuanGee (1)
So I feel I did not start building my portfolio when I should. At the moment, responsibilities have increased thereby reducing the allocation of income that goes into savings( in this case, saving means buying Bitcoin). Well, it is better later than never.

There is no need to feel alone in the sense of screwing some things up in your earlier years in bitcoin, and there are quite a few examples of guys who were not really holding their BTC and they were either spending too much or not employing a "spend and replace" kind of strategy that would at least cause them to not lessen the quantity of their BTC holdings when they did choose to spend it.

Yes he must not feel alone because me,Myself made lot of mistakes in my early years , I even sold everything in my folio when the price reached 20k and leave nothing in my holding.
but from that I learned and did not let it happened in 2021 , so indeed that past is not that matter but the future and the present. meaning we must keep purchasing as long as  we can for the coming years specially in the next bull run . but now I will never release everything but only a small part to be taken.

I also didn't gain much knowledge about Bitcoin when the market was in bullish period of 2021. I thought that some altcoins might be good for investment. But my opinion changed when I came across the events of 2022. I lost large amount. Actually at that moment I had no idea about bitcoin but now I am able to understand the difference between bitcoin and other shit coins.

I've started reorganizing my portfolio to contain only bitcoins. I am trying and I believe long term Bitcoin holders will find the digital gold. If one wants to view his wealth as a secure and life-changing asset for the long term, there is no substitute of holding Bitcoin. Currently Bitcoin is price of 29K that still much lower than the expected price which still serves as an opportunity for investors.