Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
hyudien
on 29/09/2023, 08:51:21 UTC
⭐ Merited by JayJuanGee (1) ,salad daging (1)
And think about it.. if you are starting out at $10 per week and then maybe at some point you are able to go to $100 per week or even more than that, it still could well end up taking you several years to get your bitcoin investment up to meaningful amounts.. With $100 per week and then 52 weeks in a year, so $5,200 per year, at least after 10 years you have invested $52k into bitcoin, so surely at that point you are likely going to start feeling that your investment size is getting to become a good amount, especially if BTC might continue to appreciate in value between now and 2033 (10 years from now).
I agree and have even experienced investment schemes like what you say. Maybe I still do it now, where the amount of investment spent is always not the same value, it could be $100 per week, or more often only $50 per week. This investment scheme is not suitable for most people who are consistent and know that their spending on Bitcoin will be determined well in advance, even for 1 year when reliable investors have prepared it. So when it's time to enter they only need to press the buy button.

I still remember saying that you are a person who is open to other people's opinions even if they have to disagree (hopefully you still remember June 09, 2023 Grin). Therefore, I always look for all investment doubts in several threads, paying attention, studying and comparing my investment methods which are not very consistent. Where do you think I should improve inconsistent investments, because limited income is the main obstacle, but the intention to become part of Bitcoin holder is the dream of many people, including me.