Quote from: $crypto$ on June 29, 2024, 03:29:30 PM

Quote from: red4slash on June 29, 2024, 02:00:12 PM

Hey isn't it clear that in the end almost most people are in Investing the goal is for a better future or achieving their financial freedom and I think if we talk about the final chapter about investing in bitcoin it is a logical goal that we have to think about so that there is no wasted investment here because after all everyone already has their goals here and usually having a stable financial condition in old age / retirement or getting financial freedom at the end is clearly a logical thing.

Therefore we are now competing to achieve that considering that in investing we are not only thinking about strategies that require us to be consistent in the investments we have but the destination where we will stop to create our own version of financial freedom.

Yes everyone has different goals, there are investors targeting 20 years of investment in bitcoin and I think it can still make sense if they are able to survive for a long time, people certainly want to invest longer in bitcoin because every cycle is certain that the increase will be higher so many are competing to invest in their respective strategies.

Now investing in bitcoin is more varied:
There are those whose goal is for their children's education later.
There is also for the retirement period so that when old will not be difficult anymore.
They invest in bitcoin looking for profits every time there is a profit, then buy again in every bear market this still makes sense and they enjoy the profits they want.

For the problem of vulnerable time in bitcoin is also actually quite varied in my opinion because after all, determining the time to be in bitcoin is not just that we store bitcoin but also this must be realized that we must look at the age we have and the mental strength we must feel because being in bitcoin and holding it for a certain period of time is not an easy matter because we must realize that in the end buying or selling bitcoin will be much easier to do than holding bitcoin considering that it needs a strong mentality and determination.
Now in this case when referring to the vulnerability of 10 or 20 years or even more than that it can indeed be done as long as our intention is strong but we also have to pay attention to our current age because in the end it will be very unlikely if we have a goal for a long time but our age is not too possible because it is almost at retirement age or it's time for you to relax. So this needs to be considered because indeed being in bitcoin for a long time can be a good thing and we can get much more maximum results but we also have to look at our current age whether it can be done or not with the current age with the intention of investing for a long enough time like 20 years as your benchmark.
If it is still possible to do then it can be a good situation because your opportunity is still very long but when you are now at an age that can be said to be reaching retirement age then you need to reset whether a long period of time such as 20 years is possible for you or not if it is not then you can use a shorter option such as in 10 years maximum.

For the issue of financial goals as you pointed out which are quite diverse I agree but in the end it also refers to financial freedom in the end so that our conditions and our families are not overwhelmed by economic problems that are increasingly strangling.