Post
Topic
Board Speculation
Merits 4 from 3 users
Re: Buy the DIP, and HODL!
by
Justbillywitt
on 18/03/2024, 09:38:01 UTC
⭐ Merited by Glen Hoddle (2) ,JayJuanGee (1) ,Zackz5000 (1)
Furthermore, your forum registration date is coming upon 5 years, so maybe you are getting close to 5 years of investing into BTC.?
Chapter 1.
Well to the point of old times, I saved some Bitcoin(meaning USD not full Bitcoin) and traded on the Binance platform and won some trade then my balance was around $3k. badly said that my Binance account was lost with $2500+USD in BTC pair.  I can not recovery this account.
Chapter 2.
Since I got married, we have been very separated as a family. Our family refused to accept us because of our love marriage. I now spend the BTC I earn to meet my family's needs, where I can't save a bit even if I want to. But I want to save a bit if possible consistently.

Well.. too bad about chapter 1, and the reality of the matter is that the dollar and BTC is different.  So yeah, you may well have your local currency, so you may well feel some value in holding dollars, but the dollar is still inferior to holding actual BTC, but you still have to be able to hold it .. and of course, I frequently recommend a timeline of 4-10 years or longer in order to be an investor, otherwise you are merely trading in BTC rather than investing, which is your choice.

Regarding your Chapter 2.  If you do not have any disposable income, then you are not in a position to buy BTC, so that is too bad for you if you know about the value of BTC but you are still not able to set aside some of your value to invest into bitcoin for 4-10 years or longer - and your family's life may well be in a better state down the road if you were to be able to follow some kind of an investment plan rather than spending everything that you earn  as soon as you get it.. even if you are ONLY able to invest $10 per week or so.. it is better than nothing.. but again your decision in regards to your own situation in regards if you are actually able to accomplish any such investment based on your own circumstances.. and I would think that if you are a member of this forum (who is actively participating) then at least you have some knowledge about bitcoin.. which puts you at some advantages over members of the regular population.

I know that I have some mistakes and it is very difficult for me to correct them and reorganizing the investment plan is a big challenge for me now. But still I have to do it because I think about my future because if I don't plan and invest in the future I will surely suffer and will not be able to profit very well. I don't know how far I will succeed in my efforts but I will try to eventually accumulate some bitcoins and it will last for 4 to 10 years.
You just have to start from somewhere and have this determination to do something for yourself by starting now to invest in bitcoin. The bitcoin halving is just few days away and the truth is only people who started their investments after the last circle will benefit more from this bitcoin circle. So your target now should be focused on the next circle that will happen in the next 4 years ahead. It might look like a difficult task but you should do it as if your future depends on it. Just start with your DCA weekly or monthly as you deem fit. Every successful men and women out there started from somewhere and if you read their stories you will understand that it wasn't easy from the beginning. So just organize yourself and start today, don't wait till tomorrow.