Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip!
by
Popkon6
on 15/11/2023, 03:50:24 UTC
⭐ Merited by fillippone (1)
HODL does not mean "hold on for dear life"

That was some no coiner gambler who came up with that characterization of HODL in order to wrongly imply some level of gambling and/or panic/stress that a HODLer needs to have."<<<<<<<

I wonder where they got the idea from that holding means "hold on for dear life" I mean how did dey arrive at this conclusion, though we know bitcoin is more of long term holding but how can someone hold bitcoin without having a plan from the start or along his/her accumulation journey, they say " if you fail to plan you plan you to fail" so a holder without a goal to achieve with his/her bitcoin by the end of their accumulation journey is either making investment for their children/next of kin, that is if they have his mnemonic phrase and private key or they are just making investment  to keep the system running if anything happens to them.

Lol, so you are not investing, people invest for long term to get success in investment and build good life. If I hold 1 Bitcoin then of course it will be held for the future. The plan is that we hold Bitcoin by investing in the DCA method. Without a purpose in life you will never reach your destination. So it is better to hold Bitcoin for the future by targeting the DCA method.