Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Gallar
on 12/01/2025, 13:42:57 UTC
⭐ Merited by Solokan (1)
[edited out]
It's very true what you say as long as we don't stress about collecting bitcoins, even though for example we already have a lot of bitcoins, of course that is a good thing and indeed for some people there will definitely be a time when they feel enough with the BTC they get, but of course we also don't blame them because Of course that is his right and of course everyone has different thoughts and different ideals.

but it seems that I also agree with you because to be honest, up to now I personally have never been satisfied with collecting BTC because for me buying using the DCA system and of course using money that is ready to be lost to buy BTC for me is certainly not a difficult thing because it doesn't harm my daily life. today and honestly I see the higher the price of BTC, the more I want to continue DCA because I see that currently there are still a few people buying BTC because there are quite a few people who prefer to invest in altcoins and don't want to invest in BTC and of course in my opinion Surely someday it will happen that people will be disappointed with altcoins and surely in the end BTC will be the final goal. So I personally looked in that direction and I also heard the news that one day in the future the price of BTC will be stable and the prices will not fluctuate or fluctuate much because there are so many users, so for me personally I will continue to be enthusiastic about DCA.

You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.

Sorry for the late reply, I've been starting DCA for about a year and of course I'm collecting as much as I can, at that time since the BTC price was more or less under $20k. At that time I realized and read on this forum that the DCA system is one of the best ways to collect BTC.

It's true that I haven't collected a lot of BTC, but I realize that of course it's never too late to start and stay enthusiastic and do DCA regularly, but honestly I feel happy, even though at the moment I haven't collected much BTC, at least I've succeeded in doing DCA and this really makes me happy. I am happy.  Cheesy

Indeed, it doesn't feel easy when you look at the price of BTC because the price continues to rise, but what is certain is that because I put in money that I was ready to lose, which was put into buying BTC, of ​​course it felt very light and definitely without a burden.
Being able to consistently run DCA for a duration of 1 year is indeed quite an extraordinary achievement. Because some people definitely have difficulty consistently doing DCA on bitcoin. But don't forget, you must have a goal or time duration for the bitcoin investment you are currently making. Whether it's for your retirement, or for your children, or for other things. Because with such careful planning, it will usually make us more motivated to make more money, so that we can invest more of our discretionary income into Bitcoin.

Apart from that, talking about your assumption which says that one day (in the future) people will fully invest in Bitcoin rather than Altcoins. This is quite reasonable. But in my personal opinion, even though bitcoin is the number one crypto asset and the safest to invest in, especially in the crypto realm. But I think it will be a bit difficult to get everyone involved in the crypto world to abandon Altcoins completely. Perhaps the most realistic thing is that people who are involved in the crypto world, it is very likely that the majority will invest in bitcoin. But they are also likely to continue trading in Altcoins. I think it's very likely something like that will happen in the future. Because it cannot be denied, many people who are involved in the crypto world will definitely still be tempted by Altcoins in the future. Because they hope they can get thousands of percent profit from the altcoins they buy. But this is very risky, so I personally would be better off investing my money in Bitcoin, rather than in Altcoins.