Re: Buy the DIP, and HODL!

Quote from: Tamaperdana on Today at 06:10:17 AM

Quote from: Proty on August 23, 2025, 07:52:42 PM

I think it is wrong to say that long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and then cash out or start taking profit from there investment.
Long term holders understand the importance of consistency as regards building a better portfolio in bitcoin. Trying to enrich one portfolio quickly is majorly the behaviour or attributes of short term holders or traders

I don't think there's anything wrong with a long-term Bitcoin investor wanting to accelerate the growth of their Bitcoin portfolio. I believe that's a very positive thing. The most important thing is that investors who want to accelerate their portfolio growth use discretionary funds, not other volatile funds. Furthermore, you must be able to distinguish between wanting to build a large portfolio quickly and wanting to make quick profits. These are fundamentally different things. So, don't assume that long-term investors who want to grow their portfolio quickly want to make quick profits. I believe that's a completely inaccurate assumption. So, for Bitcoin investors who can grow their portfolio quickly, by all means, accelerate it; there's nothing wrong with that. But for investors who haven't been able to grow their portfolio quickly, keep trying as hard as possible and never give up. Because if we keep moving forward, even if the pace isn't particularly fast, if we can be consistent and don't give up, we will certainly reach our goals. And the same is true when investing in Bitcoin.

Yeah you're very correct. Some people usually misinterpreted hunting for large bitcoin portfolio as hunting quick profits and this is why many people among the investors eventually turn to bitcoin traders without their knowledge. They invest quickly, maybe above what their discretionary income could accumulate and then plan selling off to get the little profit they intended by claiming to have reached their accumulation target. Holding for a long time can allow you have a more financial discipline and patiently by more every time there's a discretionary income and if you have a basic source of income, you can have a working DCA strategy.
Michael saylor was right in his observation. An investor who continuously seeks for profit, will always buy bitcoin continuously and hold.

One thing that Bitcoin Traders don't understand is that bitcoin trading could make you miss a standard wealth for a short term profit. Buying bitcoin continuously does not mean selling frequently. Your bitcoin portfolio continues to make profits as long as you keep holding. So therefore, instead of sitting and waiting for a dip that you are not sure of when it would happen, why not trying buying daily no matter how small. You maybe surprised to realise how much bitcoin you will have after a period of 4 to 10 years of continuous accumulation and it's cumulative profit. And by then, if you have reached your accumulation target or over accumulation, you may choose to rest a bit, but less frequently and continue holding possibly until after retirement.