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Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Marvelockg
on 29/05/2024, 06:05:51 UTC
⭐ Merited by JayJuanGee (1)
One thing about investing for the long term is that a relatively modest amount invested could end up adding up to a lot invested, so even though in the short-to-medium term, there might be some difficulties in measuring the amount of value that is retained, but there seems to be a bit of a likelihood for some kind of an upward price trajectory that could happen somewhere down the road.. or mayb even several upward price trajectories, so even someone who is investing relatively modestly, might be able to measure a lot of progress from the over the years modest contributions that end up outperforming other places that the value might have had been kept.. while at the same time, it is not guaranteed to actually go up in value.. but that is true with any investment that we choose to allocate into, we might have some investments that outperform other investments.
so in essence, the main implication or thought process of long term holding should be looked at as a medium through which we can build strong portfolio overtime in such a way that our modest contribution over these years will place the value of our asset in a possition that's possibly better than saving it in fiat or investing it in another asset. in order words, while it's not 💯 certain that Bitcoin will get to the value most persons are speculating in the long,  from the compounding effect of making regular buys over a long timeframe, you're certain to have succesfully built a good amount of Bitcoin in your portfolio which though might not seems to be of great worth while building your stack will turn out to compound into an overall sum of Bitcoin all stocked in the long run.

even if there might be a large number of weeks that we are ONLY able to save/invest around $10 into bitcoin and then maybe there are other weeks that we are able to save/invest $100 or even $1k into bitcoin, so there may well be quite a bit of variance in our cashflow (and/or our disposable income) that affects how much we are able to save/invest, so that in the long run the variable amounts of value that we injected add up but they also may well have ended up holding their value pretty well as compared to other places that they could have been put and/or they might have ened up appreciating in value as compared with other places that the same value could have had been put.
that's so true. At the start when you probably had very little amount of Bitcoin because of how small the amount you use is making your buys is, it might appear as though you're not doing anything serious and at that time, even if Bitcoin goes too high in it value, it would make a big deal for you but consistently stacking your Bitcoin based on the amount you have, maybe starting with $20 and then a long the line increasing it to $60 and then $100 and upward, with time and in years to come, you will find that you've built a good chunk of Bitcoin by just being consistent with your buys regardless of the amount you're using at some different buying moment.