Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Cossyblack
on 04/07/2025, 08:31:27 UTC
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.
You're right, a smart thinking investor wouldn't sell off his Bitcoin portfolio because he has attained his desirable over-accumulation stage.Even when an investor has reached his over accumulation target  doesn't necessarily means he should stop compounding  bitcoin, although he might decide not to continue, yeah that's his choice but in my own opinion I think it's not a good idea. Since he has other means of earning money to take care of his basic needs, Rather than selling off all of his portfolio for entertainments/vacation he should simply withdraw only 10% of his generated profits from his portfolio while holding the rest to keep generating more profits for him in the long term.