Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Richbased
on 10/02/2024, 15:54:23 UTC
There are probably better HODLers than me, and I consider myself a bit of a contradiction because ever since mid-to-late 2015, I started to put into practice a sell on the way up strategy, and when I first started doing it I made quite a few mistakes, but I have honed my system several times over the years.. and there are quite a few members who criticize me for such practice with claims that I should not sell any of my BTC, even if I am saying that I have it already figured out in such a way that I can sell and that I never will run out of BTC.
Actually, there are better holders than you but the question should be that are they applying same strategy as you and again those that hodl more than you have they been able to also impact the knowledge of hodling to other people? Inasmuch as I know that this thread BUY the DIP and HODL was created as far back as 2019 and you've been the only one keeping the thread active since then that's to show your love a passion for hodlers regardless of some mistakes you did made in the past but here you're now teaching and advising people that are ready and willing to buy and hodl for a long time.

In recent times, this thread is becoming difficult to keep up with.

Though I don't actually know the reason why you said that this thread is "becoming difficult to keep up with" but regardless of whatever the case might be I'm thankful to you for keeping this thread running for some years now and i believe a lot of us have been able to acquire great knowledge from you about the importance of buying and hodling Bitcoin for a long time and also to use the DCA for regular accumulation, me in particular within the short while I've been in this forum and following you up in this thread, i must say that you've impacted some knowledge in me on my bitcoin investment journey so far and whatever be your decision i think you deserve some accolades and respect!

Some persons just hodl at a fixed amount and stop buying and hodling but with the DCA is has made it possible for everyone to take part in this hodling process as some persons that would have felt that the price of Bitcoin has gotten to a certain amount that is unaffordable have now been using the DCA with the optimism that they are gonna reach their desired goal someday thereby they would have a clear story to tell their children or the younger generation on how they were patient enough to buy and hodl for a long interval of time before they were able to achieve a certain length of success in their investment journey and it would stand as a yardstick to also motivate the younger ones on the need to be patient enough to achieve great results because one of the things that's affecting humans is lack of patience forgetting to understand that the future hold greater achievement than now.

It is nice to see that quite a few members are interacting with this thread, and also they are attempting to put some kind of a personal variation of ongoing and persistent BTC accumulation, and I still think that some of these guys could end up getting burnt if they are not working towards making it through a whole cycle, and surely there are quite a few guys that are going to need a couple of cycles before they might be in a position to really start to move away from regular and ongoing BTC accumulation.

Definitely, the interaction among users who took this thread of high level of importance is superb, just like a saying "a tree doesn't make a forest" so it is and it only takes "two to tango" so the level of understanding and confidence of users who have been following up have been elated.

Actually few people are involved in this accumulation process and I believe persistence is they key, so with time the whole accumulation process is gonna be over and good investors reaps the dividends of their prospective investments.