Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
FinePoine0
on 20/02/2024, 11:05:26 UTC
Like what other investments? what investment is better than bitcoin?

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin

Having other assets is also a preventative step so that we don't rush to sell our bitcoins when there is an urgent need

You seem to be talking about down the road in your investment journey rather than any kind of investment prerequisite before getting started in terms of investing into bitcoin.

Yes, I just think that I can't invest 100% in bitcoin. Maybe I want to have an investment portfolio like 10% cash, 10% gold, 30% land, and 50% bitcoin. At least this is a percentage and risk that I think is quite safe
Why would you even think of investing 100% into bitcoin? There are other investment type which you can invest into that will yield good returns. The percentage of investment is and individual choice. I can choose to to invest only in bitcoin maybe because i believed that it is the only investment  that i trust. Don't forget your purpose of investment if you feel investing soke in bitcoin, land, hold and other could make you reach your financial target then go ahead. I may decide to invest only in bitcoin and i will still reach same target or above it. The choice is yours to make

You will be able to invest here according to your investment age, and succeed in reaping the benefits. Because the longer your investment is, the more you reap the benefits, it's a fact, not a myth. You think more towards the future and increase the age of your investments. If you have a financial crisis then you quickly move to work in real life, and earn income reduce excess expenses, and continue to invest in DCA method. It is certain that you have to work hard to get success in life. As I have held my investment for more than a year, and I will hold it for many more years to come. Plan Bitcoin investment for a long term of at least 10 to 12 years.