Post
Topic
Board Speculation
Re: Buy Bitcoin, and HODL!
by
Dailyscript
on 20/06/2024, 11:45:08 UTC
A question to ask does someone really feel satisfied while holding Bitcoin? To me I will simply say no because as long as the cash keep flowing you would always want to accumulate enough Bitcoin since bitcoin wallet doesn't have a maximum limit, in as much as your income keep flowing and you apply DCA method then you can never be satisfied even though you have about 10,000 BTC once the income keeps coming you will always apply your DCA money to increase your portfolio.

You could be right because most times human needs is insatiable that is why sometimes when an investor has not really arrived at his targeted point they will be having the mindset that immediately they get to that particular point they will hold but however you will be surprising to see that even after achieving there goal they will not really be satisfied and as such they will keep pushing to acquire more, which is also applicable in Bitcoin investment because with the potential of Bitcoin it will be very difficult to be satisfied with the amount you have already accumulated because in one way or another you would always find the need to acquire more Bitcoin especially when the source of income is flowing you will always keep investing.
One relatable human behaviour is about always wanting more, in every aspect of our lives, most especially when it comes to the point of financial achievement, it is noticed that no matter the money already made, we still strive to make more, same goes to Bitcoin. First, it is a matter of ones decision, let the mind be willing then it becomes a habit of consistently wanting to go beyond our estimate or target budget. Since it is something done with an open mind, then many investors will not see it as a big deal to generate another budget after completing one already.
I agree with you here. There are a lot of things that human cannot be satisfied with and Bitcoin is one. As much as i know, every investor would want more and more Bitcoin in their portfolio. But what baffles me the most is that they want to see it grow and multiply yet they do not do the necessary things to make that happen.

Once something works for you then you may likely repeat it often. If one is successful in investing in Bitcoin by reaching their required goals and target.  I will be petty much happy to see that such person takes another goal or target and achieve that as well. Repeatedly if possible, as long as the finance or capital is there to achieve it.