Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Gallar
on 18/11/2024, 02:25:02 UTC
Aren't we presuming that with the passage of time that the BTC price is going to continue to rise, yet we cannot necessarily that the BTC spot price is going to rise or fall in the short term, even if we might realize that there is a kind of ongoing and ever-present pressure upon it to go up in price that comes from its ongoing adoption (including that we are in early stages of its adoption too).
I don't imagine that sir, what's on my mind right now is to keep buying. I'm still not satisfied with what I have and I wish I had more time to buy bitcoin when it was still under $100k.

With my high hopes for bitcoin, I always focus on buying more aggressively once a month, I do that to reach my target earlier than I expected.

As I know, bitcoin adoption continues to advance very rapidly, currently many countries are competing to buy bitcoin.

Can we predict that Bitcoin will become number 2 as the largest asset today, I'm sure it will be achieved over time.
That's right my friend, if we have the opportunity to buy bitcoin, I think we should continue to buy it. Because collecting our money in the form of bitcoin will certainly be something that is very promising and has minimal risk. I also have the intention now, while I still have income, I will continue to do DCA on bitcoin. So I will not set a price or when I will sell the bitcoins I own. Because if I have thoughts or benchmark selling prices that I will use for the Bitcoin assets that I own, it feels a little burdensome in my thinking. So for now I'm going to enjoy the DCA I did on bitcoin more. Because at first I was also going to sell bitcoin in the current bull run market, but I changed my mind and will continue to HODL the bitcoin I have until an undetermined time.

Then regarding bitcoin, recently I did a search on Google about the popularity of bitcoin and also the number of current users. Then the results came out, Bitcoin is now experiencing a very high increase in popularity, namely entering the ranks of the 3 most popular investment assets at the moment. Therefore, in my opinion, in the future Bitcoin could become the number 2 or number 1 most popular investment asset in the world. Because looking at its current development, Bitcoin seems like it will become a very extraordinary asset. So with this, we no longer need to hesitate to continue doing DCA into bitcoin.