Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Wind_FURY
on 04/07/2025, 06:45:54 UTC
⭐ Merited by JayJuanGee (1)
It's shitcoinery, and like you, everyone should treat THAT as a form of "entertainment". That's the main purpose, but if you "win", then that's merely the side-dish. The main-course is merely the entertainment you get from participating.

Plebs should be careful though, and never use more than 1% of your total Bitcoin, and if you think 1% of your total Bitcoin is "too small", then don't gamble. HODL.
If anyone would prefer to get the entertainment as you called it, gambling should only be done if you have at least 90% plus of your investment in bitcoin already and you have a less than 10% to gamble with, since it's a matter of luck, you're probably going to loss but if luck on your side you win in anyway you can use to reinvest in bitcoin.

That it's considered wise a bit but yet shitcoins is shitty, so holding or investing in it is the worst thing anyone can do. instead take you're game up and stake up more bitcoin.


I don't actually know the perfect percentage, or how large your capital should be, OR in what phase should you be in your Bitcoin accumulation journey before using some of your Bitcoins for "entertainment", BUT if you find yourself asking these sorts of questions, THEN DON'T GAMBLE/TRADE with your Bitcoins.

HODL.


The stage one should get to before thinking of using his or her Bitcoin for entertainment is overaccumulation stage, as the name implies it means that stage that an investor has gone  beyond their  desire or set goal. And even though one is free to touch there investment at this stage it should not be used for something meaningless or worthless because an investor passed through a lot before getting to that stage and a percentage that I think an investor should use, should not be more than 3-5 percent because this would not affect their portfolio unless an investor keep on taking without replacing, which I believe a wise investor can not do that.


  👍

Good advice, ser. I have been looking for some other investments within the Bitcoin ecosystem that are actually building something on top of Bitcoin.

If anyone knows how to invest in a Bitcoin company that's in its early phases, please post in the topic. I thought about opening an account with a broker so I can trade Bitcoin-related equities, but they're going to be the same as "trading".I will merely lose money.