Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Derekfunds
on 25/03/2025, 00:33:39 UTC
In this case, your goal setting will play a big role. If your goal is 1 cycle or 2 cycles, then you can definitely take profit after achieving the goal if you want. However, the way you mentioned this in the opening line is very confusing.

Basically, we cannot interfere with the goal setting of any one person. Holding Bitcoin for 3 or 4 cycles would be commendable on my part. In this case, if your goal (one cycle or two cycles) is not very long-term, then it is not such a wrong step that you are taking. You can call 4 to 8 years a long-term investment. In this case, no one should have any hesitation in taking profit if your goal is achieved. However, no matter how long-term you plan, I think selling the entire portfolio after achieving thegoal will not be the right step or it will not be very effective or fruitful. If you completely exhaust the wealth that you have earned through long-term hardship, you will definitely regret it later. Even if you take profits gradually instead of selling outright, you will continue to profit from it for a long time and your hard-earned wealth will never run out. Even if you can diversify your investments and create alternative investment areas, you will continue to profit from them, which will be fruitful for your next generation as well.
I love how you fitted your words in this post, it doesn't matter what your goals are, be it short term goal or long term people Should have an alternative investment plan, it's always advisable to hodl for a long term achievement.
One can create more sources of income so as to allow you be able to invest your coin for a longer period of time without being in any unpleasant situation that will make consider pull out your investment. 
I don't agree with you because in bitcoin investment, it is important to think long term because that is where the peace of mind is and the assurance of good profit too. If you don't think long term from the beginning, you will not approach the investment properly because your will be hesitant to see profit within a short interval of time. This can result to panic sell and all manner of things you should avoid as a bitcoin investor. To avoid this situation, you should think long term from the beginning  so your decisions will be in that direction.

In addition, I don't want you to dwell so much on this diversification because it appears that you are encouraging people to shift some of their funds to shitcoins just because one want to make alternative investment. Bitcoin is just enough as an asset for investment so the idea of alternative investment does not not resonate with me a lot.

Bitcoin investment is best suited for long-term investment only, because Bitcoin has been in the market for a long time. To sustain your Bitcoin investment, you must have a plan, because emergency funds play a very important role in making your investment long-term. And you can change your bad habits to make your investment strong and grow your money, because the more you change your bad habits, the more you will be able to accumulate money.
And your investment will have a huge post at the end of the year because if you invest according to the DCA method, it will be easier for you to invest the most.


I don't agree with you, if you said Bitcoin is best suited for the long term investment only because Bitcoin has been in the market for a long time is wrong because there are also a lot of shitcoins that have stayed for years too and if you talking about how long Bitcoin has stayed that means you are also saying we can invest in shitcoins as well. Bitcoin is not best suited for a long term investment because of how long it has stayed rather it is because of the potential it has and it features in the past years and so an investor believes that those things that Bitcoin did ( appreciating of Bitcoin value in years back) that it is still going to continue that path and it is not a speculation it is what we all are experiencing now that is why we shouldn't joke with out investment.