Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
DubemIfedigbo001
on 01/11/2024, 10:22:06 UTC
⭐ Merited by JayJuanGee (1)
The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
There are other means of investing in bitcoin that would still give you high dividends and not only using DCA, the focus is on your investment target and not on the accumulation process. Some people who have large discretionary income at their their disposal lumpsum and reach their accumulation target and continue holding for long, such people would still get high dividends from their hodling, others lump sums during the dip, possibly reaches their targets faster and stops accumulating to hold, they are still on the right track, then there are others, those with lower discretionary income, but get it at intervals and can fuel their accumulation through a slow and steady process over  longer periods of time unil they achieve their accumulation target. There are also some investors who having reached their accumulation target through Lumpsumming, buying the dip or DCA suddenly gets dissatisfied with their portfolio and continue accumulating bitcoin.



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People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.
Investing for a short period of time in bitcoin is simply trading it. Investing is buying without selling soon. Well, safe from the fact that there might be overly pressing needs that outweighs your emergency funds and you have to sell off instead of patronizing loan sharks or getting into unwarranted debts, then you can reduce your portfolio and resume accumulating when you have found your grounds again

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If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.
Definitely, but not through DCA alone and it might interest you that some people are just lump summing at irregular intervals and accumulating huge amounts of BTC, eg the famous mike Saylor and MicroStrategy story which has a history of lump summing on bitcoin and accumulating more and more and in his recent interview, he stated that his motive is to support bitcoin forever and that is the stand of his company, he further dismissed any intention of selling his assets indicating that when he is gone, his assets would flow into a charity organization that supports bitcoin. Such a strong investor and one worthy of emulation . The level of aggressiveness in accumulating bitcoin is noteworthy and it is pertinent to note that the company uses its cash reserves to accumulate bitcoin which is equivalent to our discretionary income on a human level. One of the stories I love reading so much is the-love-story-of-michael-saylor-and-bitcoin.

and  you can note how he always increases his holdings both on a personal and company level, so you see that it is all about your target accumulation and not necessarily the accumulation process, so whichever one you wish to adopt, make sure you keep accumulating bitcoin to secure your financial future and it is okay not getting satisfied even when you have reached your accumulation target. Set a new target for yourself and keep accumulating and Holding Bitcoin.