Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Pi-network314159
on 20/02/2025, 07:30:35 UTC
If you have reached your bitcoin target does not mean that it's selling time, rather you have just transit to your maintenance stage. You can only think of selling part of your bitcoin when you have accumulated more than enough Bitcoin.
After achieving your goal, an investor can certainly sell a portion to enjoy the gains, or plan to reinvest elsewhere, which I think should be done. Because it would not be wise to put all your eggs in one basket. However, that doesn't mean that after reaching your goal, you should sell all your Bitcoin—no Bitcoin holder would want that, especially not me. This is because you would never want to sell a company that you’ve built with your hard-earned money to someone else. Investment is like owning a company or a business. Once established, it will continue to provide you with profits for a lifetime. You could even pass it on to your heirs if they are capable. Just like you would never be willing to sell a company you built with effort, holding onto Bitcoin is like holding a company, and completely selling it might be a wrong decision.
But there are some gains investors don't touch no matter the condition they may find themselves, after achieving their goals because they always believed that something will come up that will draw their attention to invest to increase their wealth, and they will not struggle to get the money because they have the money to create such business.
Money used for additional wealth Creation must not be the profit gotten from an investment rather additional wealth Creation or  investment will definitely come from discretion. According to what the first user he said 'some portion' meaning that it may not necessarily be all profit that will be sold. That's why it is important that An investor should always have a discretion fund and or emergency fund to be able to handle certain situations when they arise . Profit is profit which is the output of every investment why discretion is their to serve the purpose to handle any situation like diversifying into other assets, except a critical one that will involve emergency fund. So each money has its function both emergency fund, discretion and  profit. So profit can be used for reinvestment but it is important to allow it grow in your portfolio till the speculated time frame while the discretion does the work of additional investment. While emergency fund help to solve critical situation which is above discretion. But Bitcoin investment should be left alone till the time frame expected.