Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laijsica
on 01/09/2024, 11:19:27 UTC
I have tried to understand from almost many of your threads that you have always prioritized having a surplus of real assets or floating cash which is important and positive for managing long-term bitcoin holdings. Also recommended to keep investments flowing down the road which must work positively for every investor.
I have frequently suggested that folks need to invest into bitcoin within their discretionary income, and that if they are newbies to bitcoin, then there is no need to start out by diversifying assets, and in that regard, they can start out by investing in ONLY bitcoin and cash, which means that they could build up their bitcoin investment and their various back up funds (such as emergency fund, reserve funds and float) at the same time that they are building up their bitcoin investment.  I doubt that I have ever suggested for newbies that there would be any need to invest in other assets or properties prior to building up bitcoin holdings, and surely if folks come to bitcoin and they already have other investments, they would have more options than a person coming to bitcoin who had never had much of any investment and/or savings previously.  Personally, I believe that it is more common for bitcoin newbies to either not have any investments/savings than to have other investments and/or savings and if they do have other investments and/or savings their other investments and/or savings are likely to be fairly limited, but if they have them, then they would take those other investments/savings into account in terms of their bitcoin strategy.

In essence I can take into account that the best decision for an investor to accumulate bitcoins is going to be much more valuable to him than any real valuable asset. I am pretty sure that investors who are already gradually accumulating bitcoins to build their portfolios to a decent size and if the portfolio is 2 years old or more will be more attracted to bitcoins than other assets. Although it depends on the amount of Bitcoin deposits whether it is really decent size or within 1 year many people's portfolio can be relatively decent size. After that time he should be more aggressive towards accumulating bitcoins than other assets.

Recommended for new investors to follow a different policy which is a part of disposable income he will continue to accumulate Bitcoins and run continuously until his portfolio is of a decent size and can continue to increase the size of floating cash to meet urgent needs so that the family has no difficulty meeting expenses. However, the higher the amount of cash funds, the more aggressive the investor can be in accumulating bitcoins.