Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tmoonz
on 23/05/2025, 21:49:58 UTC
[edited out]
Now I get your point and understand more better , in any circumstances selling should be the last alternative, so it’s important we make provisions for emergency and revered fund, that can at least sort out our expense and sustain for a while until one gets another job, or if unforeseen circumstances occur our reserved fund can help out , at the end our desire and target of long term investment  can be achieved .

Even if we do everything perfect, we are still not guaranteed to make profits - even though if we engage in strong cashflow management practices, then it becomes less likely that we are going to be easily shaken out of our investments based on sloppy practices.
I totally agreed , nothing is guarantee , even having a strong cash flow management, there will still be uncertainty which involves our investment, so profit and lost is not guarantee ,but all one need is good managerial skills to less our risk in our investment so that we may not be shaken out of our investment.
You are absolutely correct, selling our bitcoin should never be an alternative whenever there is a pressing needs or emergency, In as much as we want to do everything possible to have a successful bitcoin investment considering consistent accumulation is important and having the best strategy to help and stash more bitcoins. At some point we should know that doing everything right is never a guarantee for profit, but mostly plan for future and long term plan is the best option to have a chance to achieving once plan.
I think it should be a good choice to avoid making some sloppy decisions in terms of our financial management, because having a good financial plans isn’t just strictly for investors only but for our daily lives to have a chance to grow, As long as we make a good financial plans management it will also propel us in terms of building a good structure for our Bitcoin portfolio, I think not giving attention to ROI supposedly would help in terms accumulating and holding for a longer term plans.

Have you really checked the meaning of pressing need and emergency? Because with what you are saying it seems you doesn't know the meaning or it seems you haven't check. Why will someone not see  selling Bitcoin as an alternative when they have pressing need and emergency, if selling Bitcoin is the only option they have? Let assume the pressing need or emergency that comes up is health issue or challenge and your only option is to sell your Bitcoin won't you sell it? I want to remind you that human being and there health is worth more than Bitcoin the value of Bitcoin, let me just believe what you are saying is a misconception.

I can still remember vividly in one of sir jayjuanGee post or advise about situation like this, firstly as we all know that anyone investing in  Bitcoin should also have it in mind the importance of having an emergency funds and reserve funds to be use whenever they have expenses that are beyond their expectations and when it comes to health related issues as an emergency we should first spend from our reserve funds before the emergency funds while selling our Bitcoin will only become the last option at that point that's if the situation becomes worst, there is need to have those various backup funds as a safety cushion that will first absorb anything that will make us selling our Bitcoin in lest than 4 years.