Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy the DIP, and HODL!
by
Troytech
on 22/02/2024, 19:26:55 UTC
⭐ Merited by Dailyscript (2)
[edited out]
Well if they only have small capital to used then I think they should not focus to hold since there's nothing gonna happen with them if they only decide to hold the small amount of money since if they calculate the profit they get for long term for sure they can only get less that's why instead of focusing on one thing much really better if they split their investment to half and use the 50% for trying to make your money grow by either you trade it or use it on other options that you think can give you a decent profit. The half is automatically for HODL. For sure people will see the best result if they try to find ways to make their bitcoin grow since this can give much better result especially if they are wise taking those good investment online.

I also know its hard to achieve to get good profits or the passive ones but if we gain a lot of experience especially dealing with those risk for sure we can figure out what's bad and good investment for us.


You sound either retarded or like a degenerate gambler.  You don't build wealth by fucking around, but hey people can do what they want.

I would suggest that anyone investing into bitcoin to limit his degenerate gambling tendencies to no more than 10% of his bitcoin holdings, and if such degenerate gambler might have only a low amount that he is able to invest, it likely would still end up adding up over the years, even if you are merely investing $10 per week, and maybe even adding to your investment with the passage of time (as I attempted to outline in my above examples) as you make progress in building up your investment size. 

If you are fucking around with half of your available cash as avp2306 suggests, you may never make any progress and you may well end up staying poor forever, which surely would not be a good position to be in when you are 10, 20 or even 30 years down the road and have been gambling rather than investing all your life when you could have spent time and discipline developing and employing sound investment practices.

I've taken some time to think of it and i totally agree and stand by what you advised in the past, to me I don't think gambling with even a small percentage of your holdings is a good practice and could even slow me down in my accumulation journey at the end of the day or I end up making no real progress in many years of such practice.

IMO if anyone must succeed especially newbies we must have clear understanding of what we should do in our early stages of accumulation and what not to do, I dont think a newbie should be concerned or engaged in such practices that would limit his accumulation of Bitcoin in any way that he has to limit his allocations to satisfy other needs, and moreover gambling can become a dangerous habit if not controlled and later leading to even us allocating more than planned to gamble more, just imagine a newbie starting with little capital which is already at a disadvantage of size now engaging in gambling he would end up stuck with a very small bitcoin if he doesn't take time.

What I think is newbies in particular should stay clear from gambling practices and if they must it should be after at least 4-5 years of accumulation before they think of such, earlier in this thread when @JayJuanGee explained it to me he was talking about more matured investors should be the once to allocate like 10% of their holdings to such practices not newbies who just want to start investing.