Re: Buy the DIP, and HODL!

To me I actually think that having an investment goal is quite appropriate because as common man that just want to secure his or her future true Bitcoin, he just have to accumulate Bitcoin true the DCA method still he is satisfied with his or her current holdings, so when that target is met, the next question he should be asking himself is when is he willing to sell, like the numbers of years he is willing to hold or the amount he would be selling if the price of the asset in his possession reach that particular amount, so to me, investment goal should be made a priority, like if you are buying Bitcoin for retirement purpose, it's still good, as long as you have a specific goal in mind, because not having a specific goal in mind sometimes makes you act confused concerning your investment sometimes, because you don't have a specific vision before investing.

Before investing in Bitcoin we need to have a specific goal and plan. For example suppose many people invest in such a way that they want to invest weekly or deposit bitcoins and there are many people who want to deposit bitcoins monthly even their amount of money is different. Everyone's Bitcoin investment plan is different, some may want to deposit more bitcoins and some may deposit less bitcoins. I think those who don't have a specific goal or plan about their investments are either haphazard and can break or sell their investments at any time.

So before we invest we need to focus the goal and set a specific time frame for how many years we will hold our investment and accumulate bitcoins accordingly. If we can set a specific time frame for our bitcoin deposits and keep depositing bitcoins every month or week accordingly, maybe our investment will gradually increase and we will be able to reach our specific goal.

Planning with a clear vision is easy but implementation is difficult because there are many things involved in the money you earn.But DCA strategy for depositing bitcoin is very easy to implement on daily or weekly or monthly basis. The desired investment success from bitcoin depends on proper and well thought out planning. Long-term investment planning is the key to bitcoin success.

That's why it's very important to have a clear goal in mind before venturing into Bitcoin investment because their are so many things that needs to be in place strategically for you to be able to hold effectively, something like having an emergency fund and also having a source of income so as to be able to sorts out your pressing financial needs, and you wouldn't have to look at your investment at any pressing financial issues, because while Investment is a different thing, holding on to your investment is another thing altogether, so it's very important you prepare for the unforseen circumstances that may affect your investment in one way or the other, so not having an investment goal is not a nice thing as an investor that intends to be successful.

It is good we understand and emulate every basic knowledge required to sustain our Bitcoin investment, the knowledge isn't something difficult to comprehend but still most people decides to neglect the facts on how the system operates. Along the whole process of making Bitcoin Investment, if not for how hard it is to earn money to be able to invest, I would have said the purchasing aspect of investment is the most easy phase, it gets more harder after purchasing Bitcoin, holding to one's portfolio despite the ups and down, the DIP and being so much composed not to tamper with the investment in order to solve certain problems. Rules and guidelines have now been placed to help every investor as to continue holding and not selling too quickly, the laid measure is directly on having emergency and reserve funds, this will serve as an important option to counter the mindest of selling.

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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.

The DCA strategy is also there to help investors understands that how large or little one's pocket is does not hinder one from owning even little fractions of Bitcoin. The DCA helps to regulate the amount of money to be invested, so we do not go broke and begin finding ways to tamper our investment. DCA acknowledges purchasing at what we can afford at regular intervals that after all set/dones we still have enough to care for our daily living .