Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Troytech
on 15/01/2024, 12:49:30 UTC
If I may ask with our disrupting this thread what is the main purpose of accumuting bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.