Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Patrol69
on 05/01/2024, 05:12:45 UTC

However, it is clear that a rich investor who is not that serious to invest aggressively but invest some amount without being consistent will likely be behind the poor committed investor because his bitcoin portfolio size will not be up to the the poor investor in 20yrs time like you stated and before you know it due to the compound profit in the poor investor bitcoin, he might even get almost as rich as the inconsistent rich investor. This is the power that the longer your bitcoin investment and portfolio size is the better opportunity of you have to be successful and even get richer than those rich people who didn't invest in bitcoin.
That's a cool way to put it, but I think I will narrow this down to the fact of seriousness or commitment because some poor folks that lack these virtue can also fail to hold, being poor isn't actually a motive for them to hold for long and being rich doesn't make you reluctant to hold for long, but I totally understand your point though but Micheal saylor is one rich fuck that have continued buying and stacking Bitcoin despite the fact that he has lots of money and Bitcoin also. Although like JJG was implying the order reluctancy tend to be more on rich fellows but a share portion of these poor folks too are lazy when they lack the sight to see a prosperous future in keeping or continually buying and holding Bitcoin.
Our society and our world is about the rich and the poor. We can distinguish between a rich person and a poor person only by seeing that there is economic inequality. Just as a poor person dreams of improving his financial condition, a rich person dreams of how to increase his money. Those who are less economically well off work hard and with the money they earn they can only support their family but they can't change their economic status much unless they get a big opportunity. Those who are not financially well off but have an idea about Bitcoin investment try to invest some money even though it is difficult so that their financial condition will improve in the future. If the process of investing and holding the investment is well known then even a poor person can accumulate good amount of money by investing and he can get good profit from his investment. 

Investing is easy for rich people because they have enough money to invest and they regularly get opportunities to invest much more money than a poor person. While rich people have such opportunities, poor people do not have such opportunities. They work hard to earn money.  And from that money they set aside some money and the amount is not much. But even if the amount of money is not much, if a poor investor continues to invest a certain amount of money regularly for a long time, then he is successful in investing.

A poor person's job would be not to follow others and be content with what he invests himself. If someone else invests several times more than him and he follows that person, the poor person will be disappointed that his small investment may not meet his expectations. If you have faith and trust in your investment and can invest regularly for a long period of time, it is possible to achieve 100% success from investment even by investing a small amount of money.