Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy Buy Buy or Sell Sell Sell?
by
Justbillywitt
on 23/12/2024, 17:29:00 UTC
⭐ Merited by Stablexcoin (1) ,Jaycoinz (1)
I sincerely agree with your narrative, investment are mostly done within the capacity and means of an individual, you don't need to have huge capital before you think of investment, a little drop of water they say makes the mighty ocean and considering the fact that is a long time investment, it is most appropriate you don't go beyond your means because it should be discretionary within your limit, maybe with time hence there is increase in capital you can as well increase your investment.
For investment, it can indeed be started from a small amount of capital because all big things certainly always start from small things so that investors who just want to start investing in Bitcoin certainly don't need to wait for a larger amount of capital if they can start it directly with a small amount of capital without any problems. Because when the investment goal is for the long term by choosing the only best asset like Bitcoin, of course over time every investor can also increase their capital slowly through the results of their work so that their investment will also become bigger one day. So it is clearly not wrong to start with a small capital rather than having to waste more time waiting for the capital to become bigger.
For investment, "not" start investing with a small amount, start with half of the amount you can afford to lose. First of all, a Bitcoin investor should gain a basic understanding of Bitcoin, gain knowledge about the nature of Bitcoin's short-term volatility, and gain knowledge about Bitcoin's long-term potential.

So, for a new investor to start investing in Bitcoin, he should first gain general knowledge of Bitcoin and start investing through DCA, and invest the amount of money he can afford to lose in DCA. He can start investing in this way at first, and gradually learn about Bitcoin and gradually prepare emergency funds and reserve funds (while keeping DCA intact).

It should be remembered that you will not be able to profit from Bitcoin investment in a short time, and Bitcoin will never guarantee you profit, but there are many opportunities to profit from Bitcoin if you hold it for a long time, and for that you must be hold bitcoin with DCA for 8 to 10 years.
Is it really a must to for investors hold bitcoin for 8 to 10 years, before someone can see profitability in the investment? I think someone who is able to hold his bitcoin for a full circle stand a chance to see some profits. And if  the investor decides to take part of his the profit he has made over the 4 years, he is not wrong. When you use the word must, it now looks as if 8 to 10 years is the only acceptable number of years for someone to hold bitcoin before they can profit from it. The reason why they say invest only money you won't be needing for the next 4 years in bitcoin, is because after 4 years you can do some evaluations to know if you can take part of your profit and attend to some of your human needs that must have come up over the 4 years of your investment and waiting. Yes it's true that if you hold your bitcoin longer for 8 to 10 years, you sand a better chance of bigger profitability. But that's now a choice that each investors have to make, after holding up to 4 years. To continue holding their entire portfolio or to take part of their profit and still continue with their DCA for the next circle.