Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Muba20
on 18/01/2025, 06:48:05 UTC
On the topic of over accumulation, I hit my accumulation target in 2024, that dump under 50k sealed it for me. I started accumulating at the top of the last cycle, it took me a while to figure out what my accumulation target should be, and I made some mistakes along the way that would have brought in accumulation target date but largely I had put Dec 2024 as the target to reach the accumulation target I set out all those years ago.
I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.