Post
Topic
Board Nigeria (Naija)
Re: What should be your primary goal with your bitcoin investment?
by
Princess Leah
on 07/09/2025, 15:30:38 UTC
That is the truth. I really get what you are saying and understand your words. Bitcoin's potential is clear, and investors should plan accordingly. You, as an investor who is ready to invest, must at least have plans and set goals for how your investment should move. Whether investment is short-term or long-term,

But if someone can patiently invest for more than 6 years, it is better to make it a 10-year investment, which can be even more rewarding; anybody's goals are different. You may invest at a time when you still have spare cash in your hands, but sometimes you may need some cash. If there's no other options, . Whenever you invest in Bitcoin, it always gives you financial access at the same time. When you patiently leave your investment for long, you can still make a lot of profit. That's the advantage of investing in Bitcoin; Bitcoin always gives financial freedom, not depression.
What you're saying is not a bad idea, it would be very much appreciated if an investor can keep hodling for a period above 6 years, but then every investor have a target and when one has accumulated to their target, so far it's more than a circle the person can decide to take some portions and still continue accumulating.

 When the investor would be wrong is when they take all profit after reaching their target, bitcoin would keep doing better, probably, so it's not a good idea to take all profits after reaching your target, even though you've invested for a decade or two.

There is no doubt that bitcoin is best appreciated when view in terms of long term however the fact that we prioritise long term investment over short term is not a guarantee that our investment is going to be successful or rewarding at the end of our investment timeline. Bitcoin investment should be done using discretionary income investing, using other income that is meant for our expenses to buy bitcoin is not investing but rather we  are gambling with bitcoin . So inorder to avoid the temptation of selling our bitcoin before the anticipated timeline there should always be need to invest using discretionary income and we must set up an emergency funds incase of any contingency that may arise and prompt us into touching our investment.

Any investor who follow the path of Bitcoin with funds outside their discretionary is not very serious cause emergency situations is something we don't hope for and can occur at anytime so the person would definitely withdraw from their portfolio to solve problems which makes no sense. That's why the discretionary is very important and best for investment especially the one that deals with long-term like bitcoin.