Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Merit.s
on 04/06/2025, 15:51:53 UTC
No one can ignore the potential of holding Bitcoin, but holding is very difficult for everyone. Because not everyone has the patience to hold for a long time. I have taken the challenge of holding Bitcoin many times but could not implement it. I sold Bitcoin for an emergency or out of fear.

But today I suddenly got a surprise. I started looking for my old Bitcoin wallets on a whim. And I started searching for all my old wallets in my 12 Gmail Google Drive. I found a wallet where I had 0.01 Bitcoin in 2016 but I didn't care because it was a very small amount and later forgot about it.

Today, as soon as I accessed that wallet, I saw the balance of $1050+. I was completely surprised and stared at it for a while. I can't explain how happy I am. I have been holding 0.01 Bitcoin for almost 9 years without knowing it. That's how powerful Bitcoin is. Holding is always profitable in Bitcoin
Investing in long-term and hodli your bitcoin investment is possible. You have just proved your own point wrong by telling us that you don't know that you had 0.01btc is an abandoned wallet till this year that you checked it out. You don't have the intention and long-term mindset to invest and build up your bitcoin investment overtime. I believe that assuming you know that you have some fraction of bitcoin in that wallet, you would have sold it long time ago.

What you need to do is to use a little amount of money from your discretionary income that you can forget about easily like you did in the past. That's the amount of money that you should be using to buy bitcoin whenever you get your discretionary income and continue buying regularly, consistently and persistently for 4-10 years and above, you will be surprised at the size of bitcoin that you would have accumulated.

In the past, you were using money that you cannot afford to lose to buy bitcoin and you didn't set up an emergency funds to back up your bitcoin investment which made you to sell your bitcoin whenever there is an emergency. You were only gambling in the past but you could still correct your past and start buying and accumulating bitcoin with DCA because you have already seen the power law of bitcoin that the value increases exponentially. The size of your bitcoin portfolio matters a lot as a long term holder that's why it's good to keep on buying till you reach your target.