Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Moreno233
on 13/08/2025, 13:42:10 UTC
⭐ Merited by JayJuanGee (1)
In general, whether it's starting a business or starting an investment portfolio - the earlie  is ALWAYS better, and it's not my mere opinion. It's a FACT.

Plus it's not only because of the possibility of gaining more profit. It's also because starting early also makes you LEARN early, or make mistakes early so you could learn from them. Making a massive investment error in your 50s is more dangerous for your financial health than if you made it in your 20s.
You are right about this and this is one way I console myself for some of the mistakes I made in my Bitcoin journey. I never had the right information such as investing in Bitcoin mainly and followed in searching for the next Bitcoin when I started, invested in a couple of shitcoins and lost heavily in the process, an experience I look back to and still regret till date. Like you said, it is better to make mistakes early and learn from it early, and that is my case although I learnt at a huge cost.
Console yourself? No ser. You should be happy that it happened. Sometimes learning the HARD WAY makes the process of discovering the right path faster than merely learning the lesson from others. The experience itself is more valuable.
Console is right Sir because no matter how much I try to pretend that it was a learning process, it still hurts seeing how much of my money I have wasted accumulating shitcoins, most of which died in my wallet. I guess I'm human which is why I can still feel those emotions and I think its normal because such mistakes birthed my passion for Bitcoin and also helped put my greed completely in check. Now I know that it is better to stay with Bitcoin and target 3x in a decade than invest in shitcoins that promises 1000x in one year.

Quote
My joy is that I'm doing the right thing now, investing mainly in Bitcoin and holding with no intention of selling even in this market cycle and the next.  I have not reach my accumulation goal so I'm still aggressively investing my discretionary income until I meet the target I set for myself in terms of Bitcoin quantity.
Although, if you let me give you some advice. - Be careful about "targets". Don't make them the actual goal, but use them as a sort of guide because you may want to add more Bitcoin that's more than your original "target".
The final destination is overaccumulation stage, and the plan is to achieve that before retiring from active service. I have short term targets like the quantity of Bitcoin I want to achieve this year, in five years time, ten years time and so on. This is just my strategy to ensure I did not slack or get bored on the process. By achieving short term targets, it will be a motivation to pursue the long term targets. Like I said, the final goal is to achieve overaccumulation before retirement.