Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 20/08/2025, 15:25:01 UTC
Even people who predicted and set a target for bitcoin to reach $100000 couldn't wait in the long term.
This market truly requires patience. Most people wanted to accumulate by making gradual purchases, but had to sell when they needed money.

I wish we could lock bitcoin wallets for 5 years..
It's possible to keep on accumulating bitcoin and hodli for 4-10 years and above to build a good portfolio for your future.

Of course, when you lack proper plan of investing and hodli your bitcoin for long term, you will definitely sell when it's not of your will. For a bitcoin investor not to sell part of his bitcoin during accumulation, he must set up an emergency funds and a reserve funds to enable him use these backup funds to take care of any ugly situation that plays out during his bitcoin investment journey.

An emergency funds serves as a backup funds to your bitcoin investment and the money should only be used to take care of real life emergency when it occurs. Any bitcoin investor that fails to set up an emergency funds as he has started his bitcoin investment is only gambling because when you are hit with unforeseen circumstances, your bitcoin investment will serve as your emergency funds.

Secondly, an investor should only invest with his discretionary income and not money for his basic needs or funds for important purpose, because if you invest beyond your discretionary income, you will end up selling your bitcoin when the need for that money arises.