Quote from: ginsan on January 03, 2025, 09:24:48 PM

Interesting discussion that I have read from various responses.
For me, the investment that we make is primarily for the future of our children/ that is my main focus. Apart from the ideas suggested in some responses, of course investing in bitcoin is a new area for me in changing course from before. I mean I used to invest regularly in Gold and now I have switched to bitcoin because I am satisfied with my gold ownership and I am targeting further satisfaction in bitcoin and maybe that will take decades to come.

Believe me changing life is sometimes difficult, but we have to be able to follow the trends of the times, now is the modern era where Bitcoin is superior and many countries have adopted it, therefore I have numbered 1 investment for bitcoin compared to others.

It is clear that there are still many people who doubt bitcoin, but that is their right, they are late because they lack knowledge of the rapidly growing industry.

I also still make DCA the main choice besides lumpsum. There are many benefits for me and maybe it needs a longer explanation if it has to be explained.

I just want to say, don't forget to buy and don't sell your btc to america because trump wants to buy more btc from weak hands. Hold for the long term is better and make it as an old age investment is also better. The choice all depends on each individual and the main focus is the form of concentration in accumulating routinely.

Well I had not realized that you had experience accumulating gold, and surely with your looking more into bitcoin, you have likely come to realize that bitcoin is likely close to 1,000x better than gold in terms of various monetary properties, even though it could take 50-200 years or longer for the fair valuation to iron itself out in the market - and at the same time, bitcoin has been eating gold's lunch in the past 10-ish years or longer, so any of us trying to pay attention to real matters should be able to recognize so much relative disadvantage in regards to continuing to hold onto gold (if any of us might have had maintained some of those practices).

Sure, you might live in a location in which there is some practicality in exchanging gold, which could justify holding more of it, yet if you are holding any more than 10% of the value of your bitcoin in gold, you are likely living in a fantasy world... and you likely should be figuring out ways to regularly allocate out of gold whether it is failing/refusing to continue to stock gold or perhaps slowly selling some of your gold stash while simultaneously increasing your bitcoin holdings. Details of how to reallocate can sometimes have varying individualistic obstacles that might need to be figured out and tailored to your own situation... but yeah, hopefully you both recognize what is good for you and how to accomplish any necessary reallocation away from gold and into bitcoin... and sure, ultimately the choice is yours whether you do the right thing or not, you are the one who is responsible for if you stay in gold, reallcoate into bitcoin or some other variation of how you choose to act (and non-action can also have meaningful/significant consequences).