Post
Topic
Board Speculation
Merits 3 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Tmoonz
on 04/07/2024, 09:02:04 UTC
⭐ Merited by Chiomaobi (3)
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.

I could suggest that attempting to maintain certain amount of money for Bitcoin investment can be very problematic considering the fact that our investment money should be coming from our disposable income after taken care of whatever you might have considered to be a basic needs and emergency funds inclusive. However, don't be in a hurry to know that individual expenses varies in different weeks and months hence having a certain amount of money for investment can make you to use the money that is meant to be use for your other living expenses for your investment which I don't think is proper, but rather I will suggest that your investment amount can increase or decrease based on how much of your disposable income after taken care of your basic needs.