Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Roseline492
on 24/07/2024, 10:28:18 UTC
Today I have accumulated bitcoins and for me there is no other word than buying and continuing to hold. I have made purchases 72 times as I have exceeded a regular DCA that lasts about 1.5 years where every week I continue to buy even at different levels of execution. Different executions in the sense that the capital I spend sometimes varies from small or large amounts and it depends on how big the decline is that week.

That's why having a budgeted amounts to be use on weekly accumulation is very important sometimes because let's take for instance your weekly targets is $50 on weekly basis depending your source of income, you will see that as time goes by sometimes the amount of Bitcoin you will accumulated will be very higher compare to the amount of Bitcoin you will accumulate with that amount when the price changes, so actually it varies because of Bitcoin price fluctuations that's why we need to remain consistent on our Bitcoin investment.


From the previous post I think many people aim to hold their bitcoins until they are 70 years old. One side is quite good but today I think we should enjoy the results of our investments and maybe 55 years old is ideal to feel the results of the investments we make.

However in regards to this I think the decision about how long to hold is actually depends on the investors because everyone has there number of years they wish to hold however don't be surprised that the reason why somebody will decide to hold till he gets to 70 years could be because his intentions is for his children to acquire it.