Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
avp2306
on 21/08/2024, 14:15:19 UTC
if one is into Long term Bitcoin investment and maybe he has hodl for 5 years and wants to sell some part of his or her Bitcoin and there's a dip all he will do is wait for it to come up again which is certain then he sell, i don't see any risk in long term Bitcoin investment if there's any please i will love you to point it out for me so i will learn and become guided.

Holding for 5 years is not even long enough for me in terms of Bitcoin investment because there could be a higher probability that you may not see any good profit on your investment within five years because let's take for instance you are investing using $10 every week and if we calculate the total amount you will be investing every year is $480 and we multiply it by 5 years we should be getting $2,400 for the five years, so perhaps can see that there will not be any serious profit on your investment if you are selling on that short interval so instead of thinking about selling you should be more consistent on your investment till you arrived in a point were your portfolio is very big before you can think on that direction.

More ideal to hold it for at least 10 years since this is I think more ideal thing to do, but we can't force people to follow that since maybe they have preferred years to hold and they can only hold for that long because maybe they are not so confident yet to add another 5 years. But still this is good start since 5 years is already a milestone especially for people who's new into holdings, But for sure once they hit their threshold and they see that there are more better profit to get for doing this then holding for 10 years maybe their next option. Its like step by step process and if they gain more experience then provably lot of people would go for more better investment decision.

We can't exactly say the possible figures to get since for sure there are changes happen along way and funds may vary depends on the funds we get since for sure we will put more bigger amount especially if we earn more bigger then have lots of extra cash left which is ready to spend on investments.