Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
naira
on 22/08/2023, 14:54:55 UTC
⭐ Merited by JayJuanGee (1)
When you invest into bitcoin, at minimum you should be attempting to consider:

1) cashflow,
This will be very interesting, Cash Flow is the most important thing that is rightly mentioned to measure our consistency in accumulating Bitcoin based on a certain time span and you could say this point supports DCA to run well. Personally, I still can't be consistent because as a manager I have to be able to prioritize the needs of my beloved child above my own interests. Haha

2) how much bitcoin you have already accumulated,
The second point, definitely the target, or usually one of us prefers the more Bitcoin held the better. But there's no denying that there are people out there who have some kind of predetermined peak target for example Hodl 1 Bitcoin is enough. For me personally, it is still before I can determine the maximum target of ownership.

3) other investments (including cash reserves),
The third point, other investments may for now only focus on buying a few meters of strategic land based on long-term prospects, the funds will have potential if it is located on the side of the road.

The rest of the points let someone break it down for all of us to liven up the discussion.