Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
SmartGold01
on 28/12/2023, 01:05:03 UTC
Have running almost one year with my investing bitcoin accumulation but I start around $150 every week and raise $600 in monthly for investing in bitcoin, wish have stable financial and keep consistency investing or accumulation as much possible in bitcoin until several years later.

The ideal time to run a DCA strategy is when an investor has a consistent cash inflow or outflow, and at that point, they can run the strategy for as long as they want, up to several years, with any weekly investment amount.

Without a reliable source of income, I doubt someone would invest in bitcoin on a weekly or monthly basis, much less being consistent over a year, if that were the case.


I have already posted about this before, but it's also very important for those people who are still single, with no/minimal responsibilities in life, to be reminded NOT to take their youth and being single for granted. Take it as an opporutnity to save portions of their salary and make a high-conviction investment/HODL in Bitcoin. They will definitely have higher probability for success because they could continue to HODL through the bear cycles without worrying much about their finances.
Well-thought advice because anyone who misses investing in their youthful age as being single and moves over to marriage without having solid secure investments or jobs, will always struggle to survive with their family in this bad global economy. The best time one has is at their single lifestyle to invest and hodl for long without much issue of finances.

As the global economy affects everyone financially, it begins to let us know that we have to take a step ahead for our future by investing wisely in bitcoin and we shouldn't just rely on our monthly salary without having a side hustle or other source of income.


Not that I am deviating from this topic but this is one thing that holds some of our ladies remaining single that is wanting to achieve some specific investment or a desired dream before going into family mood. Usually when you work hard you can both achieved them all it depends on your personal arrangements how you wanna plan your life. Investing in bitcoin doesn't have anything connection as family woman or not the purpose of investment is for use after maturity and when there's need for investment and the investment is nor yielding any further results would you be still happy? No but then there's no family attached or involved into it, the main target is just pray for a better investment I have seen some single investment that turns people's life around as In this you must think of diversifying investment to secure your money. A single luck of investment would end your 5 years targets of investment.