Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Tungbulu
on 17/09/2024, 12:09:01 UTC
⭐ Merited by JayJuanGee (1)

You seem to be quite mixed up in your expression of your ideas here.  DCA strategy is a way to build up your BTC holdings that is within reach of a lot of people who might not be able to lump sum invest, and it also allows ongoing investment into bitcoin rather than waiting for BTC price dips.  We surely have to get through our BTC accumulation stages prior to talking about withdrawal, and so I think that it becomes overly confusing to be talking about withdrawal strategies prior to making sure that we have reach sufficient and/or overaccumulation first, and many times, folks might go through a bit of transition phase when they are no longer really accumulating more BTC prior to getting into any kind of a withdrawal stage, since it does not make a lot of sense to spend years building up a bitcoin holdings and then to feel some kind of need to go straight into selling it.. and including that if you had been investing DCA, then your earlier DCA purchases would potentially be reaching their 4-10 year or longer timeline sooner than any of your last BTC purchases, so if you are long term investing into bitcoin rather than trading, then you should not be anxious to sell any BTC that you might have had just bought and so in that regard, your last DCA purchases might still have to wait 4-10 years or longer to start to consider whether or not to start to withdraw them.. which is also assuming that your withdraw starts once you reach a kind of overaccumulation goal, which of course, you create your own goals, even if you end up doing dumb things, no one is going to save you if you devolve into trading ideas and practices rather than an investment approach to your BTC.


You’re absolutely right. Thinking or talking about withdrawing or selling your Bitcoin when your accumulation hasn’t reached a fuck you status is more of a trader’s mindset rather than an investor’s. Investors should prioritize consistent buying using the DCA strategy and probably when they’ve achieved the fuck you status or a state of over accumulation, then they may consider selling when there’s need to.

Investors focuses more on the long term trajectory of Bitcoin, the stability of their portfolio and how best to accumulate more Bitcoin in the long run, while Traders on the other hand focuses more on short term benefits of the investment. Investors are known for their adoption of the DCA strategy which encourages them to consistently buy and accumulate more Bitcoin without considering the short term fluctuations in the market, while aiming for the fuck you status which is a great milestone for investors, and achieving this status come with so many benefits, which involves

1. Freedom all kinds of financial stress or pressure.
2. ⁠Having financial security and a solid backup.
3. ⁠Having the ability to make certain choices without feeling any sort of financial hold backs.

And until investors has achieved this status and has access to these benefits and privileges, it’s essential to prioritize consistent buying via the DCA strategy or whatever strategy that works for you, try as much as possible to avoid any kind of emotional decisions, always have the long term perspective at all times and also focusing more on wealth accumulation rather than selling for profits.
And When you’ve noticed that you’ve met your financial goals and your portfolio is in an over accumulated state, then you can consider selling or rebalancing your portfolio