Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
avp2306
on 23/03/2024, 13:02:49 UTC
Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy
Yeah hodling Is the goal here, because bitcoin as the potential to keep on growing, ( though there's no guarantees) but still we'll believe so. So having the thought of selling your bitcoin won't be smart at all. But there's some point you can decide to take some profit from your investment , when you have gotten far with your accumulation , so if you have gotten to such point this would be helpful JJG Sustainable Bitcoin WithdrawalStrategy
Yes, you are right. Hodling is the goal of investors so that they can get maximum profits and can expand their profits. But some people try to sell a small portion of Bitcoin to take advantage and that is fine because it might be a plan they have prepared beforehand. But they still keep most of their Bitcoins and carry out DCA to add more Bitcoins.

Each person must have their own plan and if you haven't made it yet, make it immediately before everything changes and you are really too late. Investing in Bitcoin using DCA is a good plan so that we can have peace of mind in investing the money we have but of course, we have to learn more before making a decision.

Hodling is target to be done by a lot of investors since there's more potential to earn rather than trying the other risky option to earn. There's a lot of information to search and for sure if people will just do their own research for sure they can set up their own plans and figure out that there's basis on everything discussed by people in this thread. As been said there's nothing worry if they sell the small portion of their profit since they can enjoy those amounts and they are still fine since there's a balance stake and they can continue to hodl.

Each person must have their own plan and they should carry out their own strategy since they are the one who can determine that fits on their financial capabilities.