Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 03/03/2024, 20:40:49 UTC
That hasn't happened yet because 2030 is still a long time away. He has only lasted 2 years until now while holding on until 2030 is not easy especially if you can't manage your cash flow well.

If you have an investment plan in the next 10 years then now never look at the profits that are in your mind because it's still too far away, it's better how the accumulation can last for a long time because of course the obstacles will be even harder if you can't handle it well, so I think now maintain good cash flow then everything will be smooth in the accumulation.

Almost most investors have now been able to survive until the ATH now, because they see the benefits are close, but if there is someone from the ordinary people who can withstand the current cycle then he is great for excluding profits in the bullish now.
You are right if the target is 10 years, of course it requires a lot of patience and there are many obstacles that we have to overcome. Perhaps one of the most crucial things is the existing profits which can trigger a wrong decision if we are influenced by the desire to take short-term profits. For this reason, I agree with you that we should never calculate how much profit there is and it is better for us to continue accumulating bitcoin throughout our investment journey.

Well of course many people don't want to repeat the mistakes of the past so it's not surprising that currently holders are holding onto their bitcoins for longer periods. The ATH target is quite close but that is no longer our benchmark as we want to see BTC price reach $500k. we have to see the big difference that is happening now because if I remember maybe in the past it was very rare for companies to have bitcoin as a reserve in their treasury but now we have seen many large companies continue to buy bitcoin in large amounts. For this reason, I predict that the price of Bitcoin will continue to increase and we must take advantage of every opportunity to continue buying.