Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Scarlett_23
on 17/01/2025, 16:46:29 UTC
[edited out]
that's a good idea and I'm very happy to receive that good advice and indeed I plan to continue doing DCA forever because I know I'm still early in BTC and I still have little BTC at the moment. and what is certain is that I will not sell my BTC because of course I will be strong and firm in my stance to keep holding BTC for the long term.

But I am amazed by the people here who have been doing DCA for a long time and it can be seen from the discussions that they are very good and of good quality and have broad insight. Yes, I hope one day I can have a lot of BTC and I'm sure it's not too late for me to continue DCA and collect BTC little by little.

Don't get me wrong.

I am not suggesting to never sell your bitcoin.

which I discuss a lot of those ideas in my sustainable withdrawal thread.
Your threads can be very helpful for everyone to gain complete knowledge about bitcoin investment. I tried reading the thread you mentioned a few months ago and have already read original post 2 and original post three from there. Actually one thing seems to be most important that you should not decide to withdraw if your bitcoin amount is not enough. We have to be patient and hold on to our investment without taking such a decision. Moreover, I still stand by such decision, as I have been investing regularly through DCA for many years.

Although many decided to sell their investments during the high price of Bitcoin, I am more patient and willing to buy regularly. Without thinking about withdrawing the investment yet, the goal is to buy bitcoins regularly so that the investment portfolio grows to a much larger extent.


I agree with you that if a person wants to adopt a sound strategy, then his plan should be long-term and his Bitcoin investment method should be the DCA method. If he continues to invest in this way, his portfolio will improve a lot. After a long time, his money will reach such a level that the person will be financially much stronger and he will then be able to go into any business without any risks. After a long time, I will not tell the person to sell the entire Bitcoin money. Because investing in Bitcoin guarantees a safe investment from any other business or job. I will also tell the person to adopt his strategy when withdrawing the money invested in Bitcoin. If his invested money increases by 100%, I will request him to sell 40% of it and keep the rest for a longer period. And this remaining part of him can be the strength and courage of his old age.