Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Felicity_Tide
on 21/01/2025, 10:59:41 UTC
To invest in Bitcoin, you only need to have the ability to take risks, you see MicroStrategy company is ready to invest in Bitcoin at any time.
The ability to take risk is not the only thing you need to invest in bitcoin. There are other things that you need to put in place that will help you invest in bitcoin and successfully hold it for a long term. You need resources, and patience also. Well every individual or organisation have their own risk levels. And no one should be motivated or be motivated to go beyond that their risk level, because if they go beyond that level, it might be catastrophic. So I don't think it's wise enough to motivate anyone with microstrategy bitcoin buying history. Let everyone invest in bitcoin according to their financial capacity and programming.Things like this might make some newbies take some irrational decisions, because they might feel they ain't doing as much as microstrategy is doing. And they might go beyond their means. Which will later have severe effects on other aspects of their lives. We ain't microstrategy, so let's operate on our own time frame and speed.

Exactly what I wanted to point out.
I shouldn't be motivated to invest in Bitcoin just because microstrategy keeps pouring heavy amount in. I know my resource and how often it comes in, so I should be able to invest according to my own definition of risk, because I believe everyone has what he/she can risk. But the only thing I can genuinely say that I have learned/observed from Microstrategy and their purchasing strategy, is that they might be doing this for a long term. I noticed that they don't care much about Bitcoin's price before fetching some Bitcoin for themselves, which should practically be a natural routine for those who DCA as well.

Though, making comparison shouldn't be the way forward, but rather, learning from what they do, like their long term strategic approach. And like I have always said, creating a goal and objectives matters. Some investor's primary goal might just be to invest for a specific number of years, while others might make more emphasis on the fraction of Bitcoin to accumulate for a number of years, which might also be Microstrategy's approach.