Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Re: Road to 100k?
by
laijsica
on 28/10/2024, 05:21:13 UTC
Quote from: Popkon6 on October 27, 2024, 11:21:31 PM
Quote from: I_Anime on October 27, 2024, 09:48:25 PM
Quote from: JayJuanGee on October 27, 2024, 06:44:23 PM
Lazlo likely had way more than 50k BTC at various points in 2010, and who knows how many BTC that he has now or how many that he should have had hung onto.. we don't know, and Lazlo could still have 100s or even 1,000s of BTC, and we don't know what level of BTC stash he choose to maintain over the years... yet I doubt that people should have regrets since they make their own choices, and sure we may well know a lot of forum members who say that they did not hang onto enough BTC.. but it is still a BIG so what, since each of us has to figure out those kinds of matters in regards to which money to spend first and in regards to bitcoin whether we might choose to spend and replace or not

You're right sir jayjay , yeah I doubt that lazlo will stay without having any bitcoin for the past years, I'm pretty there's a certain number of bitcoin he hung onto for a better future gain , but still to be frank the dude is literally a legend , and as time goes people would still continue to talk about him. I normally motivate myself with bitcoin performance, because something with no value then , is one of the most valuable asset now , Is really mesmerising.

That's why is for us to figure out our bitcoin goal and the way we can accumulate to achieve such goal . One thing I know for sure is not about having a goal alone, rather putting more work to achieve such goal , and when it comes to bitcoin accumulation, the work is for us to be consistent with our weekly or monthly accumulation using DCAing or lump-summing, but the best most time is using both to back eachother up .

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. If someone starts depositing bitcoins with such a target, he will surely succeed, and you must adopt some method to sustain your investment. And saving the right time will give you more motivation, you notice there was a dip last day that many people collected the dip and they succeeded in just few hours time.
 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.

The weekly strategy of depositing Bitcoin in the DCA method is definitely going to be an ideal method for an investor if he can consider $100k as the initial target and the next target is a long-term accumulation trend of 4-10 years over time. Yes, whenever an investor's initial consideration is fruitful, he may tend to be more motivated in the next stage which is to touch the next target of $220k. An investor can easily take his investment to his desired goal when he has a sure source of alternative income and a system of floating cash. The motivation for applying the weekly DCA strategy in the long term is that he can get a huge Bitcoin stash and the possibility of getting a decent portfolio in stages.

Green or red candle However, as an investor, he can be a successful Bitcoin investor by depositing weekly or monthly regardless of the value. There may be a possibility of risk in investing, but by depositing Bitcoin, your risk can be reduced to a great extent. Basically as a depositor you should prioritize the tendency to get a huge stash so that a decent size of Bitcoin accumulates in your portfolio.