Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ultrloa
on 01/04/2024, 10:31:44 UTC
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.
Well... your strategy for investing in Bitcoin is commendable and timely. This method seems to keep your investment safe enough. You have opted for holding and DCAing bitcoins at the same time. Originally the subject of this thread was arranged like this and everyone is trying to arrange their strategies in the same way. One thing to consider here is that only those who have a lot of money will go for these two strategies. Most investors may prefer long-term holdings because Bitcoin is the most rational and diversified investment.

If I had a lot of money like you I would buy the dips now and hold it until 2028 or more (based on price), and secondly the DCAing strategies at monthly basis it would continue till 2030 (if there is no special need). At this moment I'm only concentrating on DCAing and meeting my overall needs. I have no regrets because I will not do anything beyond my financial means. Although Bitcoin's holdings are preferred.
While investing it is important that we should consider our financial means and stay within our reach. If we follow those that have more financial means than us and invest to the extent that they are investing, we might run into trouble and it is not sustainable that way. It is very important that we don't compare our investment portfolio with others. It is better to buy small and hold for a long term, than going out of your means and buy big of which you cannot sustain, which you will eventually sell off at loss due to the fact that you are in financial pressure.

Exactly we need to consider our financial capabilities so that we could able to asses each situation we are trying to do and we will not exceed to our limit that can possibly cause a failure. That's why its good for investor to know the size of the amount he can afford to spend so that he will not be bothered by other thing like his responsibilities in real life. Its really important that they should not look at other people investment since there capabilities is not the same, they should focus on their investment and how they can possibly earn more so that they can add up some amount when they have extra money that they are willing to spend to increase the volume of their bitcoin investment.