Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 31/03/2024, 13:01:27 UTC
⭐ Merited by JayJuanGee (1)
We invest in Bitcoin and many use a variety of strategies. My strategy is that I split the hold into two sections. And the first hold is until the 2028-2032 halving (more likely longer if needed), and my second hold is for every halving bull run. I am thinking of keeping the hold which I have followed the DCA method till the year (2028-2032) of course. This is how I plan my investment strategy according to the road map.

Is quite a strategy you have there but don't you think that holding for 2032 seem a little too short because normally holding should be from ten years and above and also one thing we most also understand is that even if you decide to hold for 20 years but doesn't have a good amount of Bitcoin on your portfolio you could end up waiting for the 20 years without any good returns, actually the reason why I brought this issue is that so many people have different mindset and perspective about Bitcoin investment especially the new ones because I over heard a begginner planning to invest a certain small amount of money into Bitcoin with the believe of having a huge return in the future without knowing he could wait for that long without getting a tangible profits at the end.

So actually the only way someone could expect a good return from Bitcoin in the future is that after you have drawn your plan for ten or more years holding you should continue your regular accumulation of Bitcoin, however let's say your targets is achieving $24k in ten years, if your cash flow is enough you could strategize your accumulation in $50 weekly and within ten years you could be surprised to see how far you have gone.