Post
Topic
Board Speculation
Re: Road to 100k?
by
Bloodseekers
on 08/09/2024, 08:26:56 UTC
The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.
I think that's very good and this is the focus and option that must be targeted, previously wanted to see the low price of BTC and planned to accumulate as much as possible according to our abilities and now if we only see it even though there will be other opportunities to come I think it's a shame. It could be that November this year there will be many significant changes. Let's keep accumulating.
When we choose to focus on accumulating the amount of Bitcoin, of course we must first pay attention to the income conditions that we have and we must also leave some funds for emergency needs that we need, because if we do not have these funds and use all the funds we have in investment then it is very difficult for us to maintain our investment in the long term.
If you are sure of what you think then it is very appropriate to continue accumulating the amount of Bitcoin in your wallet because if we do not do anything now then when other people enjoy the benefits later of course this will be very disappointing for us.