Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 05/11/2024, 13:34:25 UTC
If you are still young, it is good that you extend your bitcoin investment timeline to 10 years and above because that is what really seems to be a long-term duration. You should know that the more you are increasing and hodli your bitcoin investment for a longer time, the more you have a bigger chance of increasing your bitcoin investment and enjoy the compounding effect of your portfolio over time. You will easily get to your bitcoin target and have a good size of bitcoin in future.
if you can make the investment at this young age by making sacrifices and prolonging it then you can expect something good in return later or something good is expected of you.
I know so many people are eager to start their bitcoin investment, but don't get me wrong, bitcoin investment is not something someone should rush into or make sacrifices to start because the person might fail with his bitcoin investment. If you are struggling to sort out your daily expenses, you are not ready to start a bitcoin investment, and don't try to make sacrifices by depriving yourself of some basic needs in your life just to invest in bitcoin. Bitcoin is a long-term investment, and if you want to succeed in bitcoin investment, you need to use the money that you will not need for 4-10 years or more, which will allow you not to temper your bitcoin investment because you used the money that is not allocated to solve any needs in your life for 4-10 years or more to invest in bitcoin, and you will be in a better position to hold your bitcoin for a long time.