Post
Topic
Board Speculation
Re: Road to 100k?
by
Sim_card
on 28/10/2024, 04:32:42 UTC
You will do the DCA method regularly every week and you should have a target to accumulate so many bitcoins before your bitcoins reach 100k dollar.
Having at target within a short time frame can make one to over aggressively buy bitcoin, and that will become a problem for him. 100k price is not the end of anyone bitcoin accumulation journey because as late investors, we must always keep our DCA buying ongoing for a long period of time so that we can acquire a good size of bitcoin that will enable you reach the 'fuck you status' or close to it. Also you should know that it is easy to reach your bitcoin target in the long run than in the short run, because you have enough time to plan out how to go about it, no matter the unforeseen circumstances that will come or way.

 
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Then you make sure that Bitcoin is on the way to recover, and green candles are abundant so investing in Bitcoin should never be at risk. So Bitcoin investing is best to keep yourself risk free, and this method is the only right way to succeed in investing.
No investment is risk free, but you can only limit the risk when investing and this also applies to bitcoin. This is the main reason why it has been emphasize here on this thread that an investor should only use part of his discretionary income to invest, that will not be a burden to him which he can let go, and hodli his investment for long while he builds and grow it overtime, so that if bitcoin price goes against you, you will not regret and feel disappointed even though, we know that the odd of bitcoin price moving uptrend is higher than downtrend. This is why when you are investing in bitcoin, you should always prepare for the worst case scenario.