Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Reincarnated Sat
on 04/07/2024, 08:56:55 UTC
If we have enough patient its always good to invest on btc for long term. I think it will be a good decision to choose btc as a future plan but we have need enough Knowledge where we need to take entry and exit. If we couldn’t exit in our profit we will be always on loss or less profit for long term. I think we need to invest on proportionally on it as you said not to take all investment on high price then it will take more times to fill our dream. So need to be more wise before investment on btc for long term.
Maintaining Bitcoin in the long term is certainly not something that can be done easily if we don't have a plan in carrying out the investment, but it requires patience, sufficient knowledge and we also have to be able to use funds that we can maintain for a long period of time, when looking at market conditions. is experiencing an increase. I agree with you. If we really want to enjoy the profits we have, we can take it in small amounts and keep Bitcoin in the long term to achieve the targets we have made before deciding to invest.
Yeah you are correct but patience only cannot make you hodl Bitcoin for a long term one needs an emergency, reserve and float funds also know as back up funds in other to secure your Bitcoin investment, one may have patience but when he or she has an emergency or problem which needs to be sorted out but has no money with him, will lead to dipping hands into his or her Bitcoin.
So I think with one's patience and back up funds he or she can hold Bitcoin for a long term, and if one has already  started his or her Bitcoin accumulation journey with having a backup funds is still possible to grow it along side with your Bitcoin all you need to do is to give a certain percentage to both and it should be a percentage that will be ok for you weekly or monthly.