Re: Buy Buy Buy or Sell Sell Sell?

Quote from: Bluedrem on July 13, 2025, 02:05:26 AM

Hello lceLincoin Sorry for not understanding what I said here.
I said - if you deposit Bitcoin for the purpose of building a house, then it will not be possible to achieve the desired goal that you hope to achieve with Bitcoin.
Because currently you do not have a house.
The need for housing will force you to sell your deposited Bitcoin.

For example, suppose you have some money which was enough to build a house. Or you are planning that you need a house next year, so you start depositing money in Bitcoin from now. You may not get the desired profit from Bitcoin in this one year, the price of Bitcoin may also decrease in this one year.
That is why people talk about long-term investment in Bitcoin. As our JJG sir has been saying all the time.

Okay, thank you for Clarifying. This is better.

So I came across this picture, definitely it’s not just a house but an estate they’re talking about here, lol.
Going by the data trend in the picture, you can see how bitcoin has outperformed real estate by a mile indicated by the decrease in the amount of BTC required to purchase an estate. Judging by the trend in 2030 it’ll be less maybe 0.1-0.5 BTC, considering Bitcoin is speculated to be $1mil and above.
Anyone trying to invest in bitcoin to build a house should first aim to own a reasonable amount of BTC atleast 1Btc and above.

Quote from: Cpt_reader on Today at 02:36:09 PM

I also think so. I do not support Bitcoin trading or holding for a short period of time. Without a long-term plan for Bitcoin, we cannot make real profits. Therefore, we should buy Bitcoin with the mindset of holding for a long time. It is better to adopt the DCA method. It is better to adopt the method that is best for us. It is better to buy according to our own wishes, buy when we want, but we have to stay on buying. Bitcoin has already reached an all-time high. We hope that something good will happen very soon. If we buy Bitcoin, it will not lose, we just have to wait for time. I think we can buy Bitcoin and sleep peacefully, and after two, four or ten years we will see that we will get a lot of profit.

I get that you’re trying to encourage buying and holding for a long term but you can’t say buy as you wish. I wish to buy or hold atleast 1Btc but I can’t do that because my financial strength wouldn’t carry it, for me to buy as I wish I would need to maybe sell some family properties and some loans to achieve that and that might put me in a financial crises cos you can’t enter an investment that’ll leave you wrecked even if it’s bitcoin. You can encourage buying regularly, consistently and aggressively as much as possible with your discretionary money.