Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laijsica
on 24/12/2024, 09:43:15 UTC
There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.
I'm still on my accumulation journey, and I have not even accumulated the amount of bitcoin I want to hold for the long term, so I am not even moved to sell my bitcoin for short-term profit or sell it because of a dip. My main concern is how I will accumulate the amount of bitcoin I want and hold it for at least 4-10 years or more. I have already planned my bitcoin investment in such a way that I am using the money I can afford to lose or the money I will not need for 4-10 years or more to invest in bitcoin, which will allow me not to depend on my bitcoin investment to survive and also allow me to hold my bitcoin to the desired year I intend to sell it. I want to be among those investors that buy bitcoin from the weak hands, so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.
It is a good initiative that you have accumulated the amount of bitcoins that you can afford to lose. I will continue to encourage more investors and I will also learn to apply that Bitcoin accumulate with you and it will not interfere with my daily work and continue to accumulate Bitcoins year after year. The Bitcoin journey is about depositing according to one's ability and the limited amount that allows discretionary money to pile up for 6-10 years without a hitch. I doubt that those who buy themselves aggressively in a sinking price trend have the determination to accumulate long-term, unless they can have a stash of backup funds. I don't doubt those investors who regularly commit to keep depositing weekly/monthly. You are constantly tempted to keep stashing and I agree with you that I also want to be among the weak and keep depositing bitcoins regularly regardless of the price.

I can compare myself to the weak hands in Bitcoin with all their needs met to advance with a valuable touch to Bitcoin. You need to be updated with the time and demand growth and ability to focus and strategize to increase holdings. Definitely as a newbie investor I should be more careful in my strategy such as holding modest holdings and hence bitcoin regularly.