Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dictator69
on 24/08/2023, 20:59:12 UTC
I have done all of the things that I talk about, and sure many times they are going to be tailored to the specific situation and depending on what stage someone is in his/her bitcoin journey, so if you are in an accumulation phase, you could be in early, middle or late accumulation which might affect how you might prioritize, and then perhaps if you have been accumulating bitcoin for a while, you may transition to a kind of maintenance and/or liquidation stage..
Ok I got that, and I did not get into accumulation yet as I shared my situation before with you on this same thread. Well, but if I compare the mindset I had back when I was new here with the mindset I have now, I am more confident about BTC thanks to this thread and specifically to you. (not buttering as members started to criticize in humorous way in WO). And I will start to accumulate BTC soon and I will share the stats with you. But to clarify, I got your point here and from maintenance, did you mean rebalancing? Like first you did aggressive accumulation and then you started to maintain your portfolio is that what you mean by maintenance.

Another thing is that many normal people (normies) might not be able to go from BTC accumulation to maintenance as quickly unless they might already be starting with an investment portfolio, and I had already largely had been building my investment portfolio for more than 20 years prior to getting into bitcoin, so it was likely easier to reach accumulation targets based on those kinds of considerations.. and it is my sense that many normies still might need to take nearly 20 years to build their BTC holdings,
Well, if those normies are taught by a person who have the 20 years of experience then those normies also hold the 20 years of experience. Well, technically that's not possible and I know that but metaphorically a normie who taught or got lessoned from a person having 20 years of experience at least say that I have that much experience but still I am really impressed that you are into investment even before BTC and I think that's why you must came to know about BTC too.

PS: Well, if you do not mind how old are you? You can ignore the question too and I really wanted to know how you got into BTC.
Yes.  I repeat myself sometimes.
I mean you are talking with many members on different topics and writing that long replies to everyone, even if forget sometimes what I have said to someone so before reading the replies I try to read mine first. Hehe. TBH, I have short memory and I can bet you don't have that problem. And that's a good thing. But still repeating is Ok for me and I appreciate as you could also ignore it as it could save you time but repeated it.