Post
Topic
Board Speculation
Re: Buy every dip!
by
Btcdeybodi
on 20/01/2025, 05:17:43 UTC
And take note of one thing, investment in Bitcoin can change your financial status forever ever if you can accumulate a huge stash of it  and hold resiliently for like 10 to 20 years time from now, so it's actually stupid and fruitless reading the chart all day all in the name of trading, that wouldn't change much of your financial capabilities.

Sure Bitcoin can change one's financial status if you accumulate more of it for long time gains but i think holding for 10-20 years time may sound a bit problematic for some persons, considering their age and if they also wish to take part of their bitcoins to establish real life investments that will also alternate their investment in bitcoin so for an average person who is not wealthy, they can have an accumulation time frame of between 4-10 years of which within this time frame they can be able to analyze how progressively they have been within those years of investing then it will give them a clue of if they can still continue accumulating or if they have already accumulated to their satisfaction. For those who prefers to read charts and monitor market sentiments, it's their choice and i believe someday, they will reflect back and embrace investing in bitcoin rather than trading.