Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Pi-network314159
on 11/12/2024, 18:43:51 UTC
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19
I cannot say how realistic it is for a person to hold an investment for 30 years. Maybe for a young person who is 20-25 years old, it may be fruitful to hold an investment for 30 years or more. But I cannot say whether it will be fruitful for a middle-aged person to hold an investment for 30 years. The biggest question is whether he will live to enjoy his investment after completing the 30-year period. Even if he lives, there is a doubt whether he will be able to enjoy that money. If an investor's investment does not work for him, then I consider the value of that investment to be zero.
You cant proclaim that if an investor doe not enjoy his investment then you see it as zero. Don't forget that investing in bitcoin does not only mean we are investing for ourselves.  There are times when investors has passed a certain age where their investment doesn't not matter to them on how to enjoy it or not because most investors are already rich  but decided to keep an asset for his children or family to inherit it.  Bitcoin investment is a future investment which even the investor does not know when he will die.  And investor may even die without reaching the said 30years prior. I just want you to know that investing  and hodling for 30years is not only for our Personal use but for the future which includes your family. even if you are no more and your family enjoys it, it is for the betterment of your family. And not for anyone else.

I will definitely want to leave some part of the investment for my inheritance, but not the whole.
Sorry if I may ask, if death knocks on your door will you still take some bitcoin with you? You sound as if when you die you will go along with some part of your bitcoin.  How funny you are.