Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 28/08/2023, 03:12:06 UTC
Do you have enough BTC?

If so, then great.

If not, then are you going to accumulate more or just let whatever you have to ride until some later date in which you reassess your own particular circumstances and whether buying BTC is warranted.
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I don't have btc but looking up to. And I intend to accumulate btc. We rise by lifting others up. my main aim of coming here is to learn not the other way round. Wisdom cometh by hearing and not by aguement. But some aguement is for learning. "Who ever ask questions does not miss road"

That's too bad that you don't have any BTC and/or you have not figured out some kind of a BTC accumulation strategy that might work for your situation.  I doubt that you are going to end up being correct, but surely you have a right to your own ways of living, including choosing whether to invest in various assets and if so, then how much, or how to go about it.

None-the-less you are in a better position to judge your own circumstances, even though a kind of default position of mine is to suggest that everyone should attempt to own some BTC and to get off zero.. but then how much to invest after that might be a matter of degree.. and prior to 2020, I was largely recommending to either get BTC to be between 1% and 10% of your investment portfolio or alternatively to consider that investing in BTC would be between 1% and 10% of your overall income.

Since sometime during 2020 and ever since, I changed my suggestion to be between 1% and 25%, and of course, its up to you the amount that you might choose within that range or if you choose some approach that might be outside of that range.