Re: Buy the DIP, and HODL!

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What can you sustain on your investment if you don't have stable income? Everything will fall apart if you encounter financial issues since you might think about selling your Bitcoin if you don't have any option left.

So much better to find ways to create stable source of income so that there would be no problem arise towards your investment. We are talking about long term here and for sure we don't want to fail just because of small reasons.

Would be good for people if they can make everything sustainable since they can increase their chance to succeed without getting bothered by any financial disturbance.

Wait a minute bro, I totally understand your concern but as @JayJuanGee said :

Quote from: JayJuanGee on March 22, 2025, 07:46:46 PM

So, many times they are doing their best to maintain as much income as they can and as low expenses as they can in order to be able to invest into something like bitcoin.

This means that anyone who already has the intention to save in bitcoin and does not have a stable income, they will try to find other opportunities to get additional income. That way someone will never have a problem when they have urgent needs and still maintain their investment.

Like what I am doing now even though I have a permanent job and a stable salary, I am still trying to build a small business to be able to get additional income. And the profits from the business can be used to do DCA every week. So even though I have very urgent economic problems, I still have a salary from my job to cover those needs.

The method I am currently using can be used by beginners who do not yet have a stable income and in this way beginners do not need to worry about still being able to invest in bitcoin even in small amounts. Wink

Intention is something that must be instilled in someone who wants to save in the form of Bitcoin, because intention will be their motivation when they do not have a steady income and will try and work hard to get it so that their intention comes true. And when they get it, they will definitely maintain it so that they can still buy Bitcoin when they have an income and hope to last a long time because having Bitcoin in the long term will produce good profits and that is what makes someone have intentions that motivate them. And I am also very motivated by Bitcoin because of the money profits that I have previously obtained and am motivated to get the next profit because the long term that I did before was not too long, but the previous incident motivated me to get the next profit which is much bigger than before and I believe that.

From what I understand from your post, you have the zeal to buy and build a good bitcoin portfolio which makes you worried that you need an additional income apart from the one you are having from your grocery shop. Don't you think that selling your bitcoin for profit it isn't the best way to achieve your goal, because the more you sell, the more you are limiting the chance of your bitcoin portfolio to continue growing and you will miss out the compounding profits from it.

Don't be tempted to take profits when you are still accumulating, rather stay focus and allow your bitcoin investment grow overtime with your consistent and persistent, regular buying with DCA weekly to keep your bitcoin accumulation ongoing for 4-10 years and above. Buying to sell back and start afresh again is a wrong way to invest in bitcoin for a long-term.

Some people don't know the duration of a long-term investment, and that's why I feel that you are not hodling for long or you are focused more on making profits instead of increasing your bitcoin for the future. That's a trader mentality and it would be better if you erase that mindset from you and have a long-term investment plan so that you can enjoy from your bitcoin investment at old age when bitcoin is expensive and you have a good size in your possession.