Some people only consider hodling for a number of years without considering if that is enough hodling, I think if one wants to accumulate enough he shouldn't not consider the number of years but consider if he has truly accumulated enough.
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In as much as what we are doing is continuous something I mean no one knows how long Bitcoin will stay but with what we are seeing I don't think Bitcoin will end or stop anytime soon and we don't pray for that either, so for this reason I don't think it is necessary to set a target on the number of years one wish to accumulate perhaps this should be a continuous something (accumulating anything you have money to...), Again setting target can be frustrating and it can also put unnecessary pressure on someone.
Not having target sound kinda boring to you think is like playing a running game without no end. and one bitcoin investment goal don`t have be years he or she can set their base on their bitcoin stashes , and most time after hitting your you can choose to go extra miles . like for instance your goal is one bitcoin and you endup hitting that goal, so you may decide to accumulate a little till you are satisfied . and meeting your goal doesn`t mean you are going to stop holding still but it means that you have gotten yourself some nice quantities , and you can
take some profit while you choose to replace it or not.
The idea of having no target at all would probably not be a good one, yet the idea of having some loosely framed targets would probably be good, and such loosely framed targets might not be well expressed in terms of either bitcoin or dollars,
I have watch my coment recieving quote upon quote for sometime now, but I guess I will have to reply and I will like you @JJG to throw more light to this, my question is this, does it mean that time frame or interval does not matter in bitcoin investment or accumulation process? because we have been discussing alot about setting out target or specific period of time we should invest, this has been lingering for long now, in prior to 4-10years and 20-30. even though there are other things to be considered like having a target of the amount of btc we should accumulate for a period of time, and age gap. but that does not mean we should neglect time frame or the number of years we plan to accumulate. because from different coment here I think the year doesn't matter anymore? according to my observations the years of accounting is just like an emagination, but the main Focus is just to have that mindset that
" I need to accumulate like 0.2 btc" then with an imaginative thinking of calculating that if one should accumulate $15 every week multiply by 4 which is a months multiply by 12 months which is a year e.g
$15 *4week= $60per 1month
$60 * 12month = $720 1year
$720 * 20years = $14400
this means it will take either 20 year and above or below to accumulate this amount of btc. though along the line the accumulator may decide to lump sum a huge amount or decide to increase his discretion and weekly DCA and the years of accumulation may reduce to 10 years and the speculated time frame of 20years was not achieve, but the btc was achieved, doesn't mean we should totally deeny that the year of accounting does not matter. What do you have to say about this? Because the matter is bit complicated.