Quote from: Falconer on Today at 03:08:43 PM

We will never get rich just by investing $1k to $10k today, but if you want to be rich then invest more.

I agree with your overall idea @Falconer that it likely is not a good idea to just make a relatively modest lump sum investment and then to just sit on it without doing anything further, yet if your investment timeline is long enough, that "$1k to $10k today" could end up providing for a lot of options in 10 years, 20 years, 30 years or longer...

So getting rich is somewhat relative.. and sure if you are wanting to get to fuck you status, then how much value that you need to invest might vary by region...

I personally agree with the idea of an ongoing BTC accumulation practices that more likely allows you to continue to build the quantity of BTC that you have..so even if you make some kind of a lump sum in the beginning, you are engaging in some kind of a regular BTC purchasing, which might even be strategized to be done every so often that is infrequent and also maybe trying to capture dips within reasonable periods of just ongoing accumulation even if that is not every month but every quarter or twice a year... but then if you try to space out your buys too much then you may well end up running the risk of buying at way higher prices merely due to the fact that you were waiting for dips that did not end up happening.

Quote from: DoverDoane on Today at 03:50:55 PM

Quote from: JayJuanGee on September 30, 2023, 07:35:04 PM

[edited out]

of course right, even though he sold some of it at a lower price it is not wrong, if there is a loss that befalls him as long as it is not big why not? and don't forget to consider the decisions he will choose, because he himself will certainly face everything for the choices he chooses for the future, buying or selling BTC is one way to face the future but it is inseparable from the market price, so be smart in choosing or making decisions so that there will be no big losses that will befall him, everyone doesn't want the name of a loss, but indeed the risk is definitely there in any case and ready or not ready, whether we want it or not, we ourselves will make the decision that will produce good or bad results.

don't hesitate to make decisions if you are sure of what you think then do it, don't think you will lose and then fail in something, being brave in making decisions and taking risks is not wrong but it's a great thing because of that.

You write like a gambler and a trader rather than like a stacker and an investor.. .. but whatever, you do you.

One of the best things to do is to error on the side of ongonig accumulation through buying and if you want to end up trying to sell some BTC so you can buy back later, then be careful in going down that path because it likely takes you out of buying mode and likely ends up causing too much paralysis rather than ongoing buying action... which is the better way to build the size of your BTC stack/stash.