Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
nara1892
on 26/02/2024, 13:47:35 UTC
⭐ Merited by JayJuanGee (1)
.. even though surely some guys still seem to be looking for quick results, yet other guys seem to realize that it can take many years to build up a bitcoin portfolio, and we even have some members who have been in bitcoin at various lengths of time, and several of them are able to bring their own level of experience.. and even some of them might be saying that they have to start over because they either got caught up too much into shitcoins or that they had not been employing very consistent BTC accumulation practices.. .. and really, there should be no reason to get worried, even if you are just getting started in bitcoin accumulation in recent times.. and so in those kinds of cases, it might still take a while to learn that it is better to just get started rather than continuing to regret about earlier periods of either inaction or whimpy levels of BTC accumulation.
I may not care about quick results or quick profits because previously I had strengthened my mentality to invest in the long term or 10 years. Meanwhile, for those who determine their choice of direction in the near future, of course that is their decision, but I certainly won't do that. Of course some members are our seniors here, but apart from that, even though they are seniors, if the points they say are not constructive, we certainly won't take advice from them. So, for the most part, I think the arguments in this thread are quite useful and it depends on each person how they come to their conclusions.

I understand that everyone has freedom in terms of making decisions, one of which is in terms of the timeframe they will apply to their bitcoin accumulation involvement, but here and in this case as a whole I agree with you that as you say having a long-term planning and approach ranging from 5 - 15 years is a more recommended planning for building a portfolio. On the other hand everyone has a goal to make a profit as a result of their bitcoin accumulation involvement, they have a choice but for those who choose to build a quick plan or mean looking for quick results are those investors who are "too tempted".

Actually it doesn't need to be that fast because bitcoin is not going anywhere, as long as you are able to maintain the accumulation of bitcoin then you will get a share of the profit percentage and the longer you are there, the growth of bitcoin will increase which means your profits will increase, I think we already know about how bitcoin has developed since 2010 until now, many people now feel regret because previously they did not move quickly to take the opportunity even though they already knew about the existence of bitcoin which has the potential to be used as a path to a more lucrative financial situation in the future, one of the reasons maybe they are too busy with various reasons for procrastination which ends in regret.