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Showing 4 of 4 results by Female King
Post
Topic
Board Beginners & Help
Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed
by
Female King
on 28/09/2025, 00:42:49 UTC
Round 1

Re: How to save successfully?
Category: Reply
Board: Economy

Re: Buy the DIP, and HODL!
Category: Reply
Board: Speculation

Re: Balancing Financial security and Bitcoin Accumulation
Category: Reply
Board: local NAIJA.
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Female King
on 25/09/2025, 20:48:28 UTC
Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

I think is a wrong approach or better still a big investment mistake if your plan is to sell your bitcoin holdings simply because you want to buy back when the price is dip. For a long term investor who is still in his accumulation phase and you’ve not gotten to your accumulation target then you don’t have to sell your holdings, simply because you’re planning to buy back when it’s dip. Now the question is, what if the dip didn’t occur which means you’ll be waiting for the dip before you accumulate bitcoin and such is not a very good investment mindset, it will make you look like as though you’re a trader who’s only in for a quick short profit making mindset. The reason should be that you’re deciding to do so because you’ve gotten to your point of over accumulation and perhaps you’ve even surpassed your accumulation target and then you noticed you’re in some sort of a reasonable and significant profit after accumulating and holding for the long term goal, at this point the highest you could do is to apply the sustainability withdrawal methods and you can decide to take out your profit and not to sell whole or part of of your bitcoin holdings.
Bitcoin investment is a long term investment which possibly you can pass down to generations and at such selling part or all of your bitcoin holdings with the idea of you will buy back when the price is dip is a wrong investment mindset. Those who wait to accumulate only the dips are no longer investors but they are traders who are in for a quick profit making mindset and that’s what will prompt them to always want to buy when its dip in order for them to sell in higher price.
Selling your BTC to buy back when the price dip is the practice of traders they target to buy BTC when there is a decline in price to sell when there is a little increase in price of bitcoin most of them do buy at dip target to sell when the price increase and it continue dipping and they sell at loss due to panic that the price will dip further. Bitcoin is an investment we should hold for long accumulate enough BTC for years till we have reach our accumulation target at this time you can sell small part and still continue to hodl the rest since it is a store of value and your profit can't be compare to that of the trader who sold their bitcoin at it early stage.
Post
Topic
Board Economics
Re: How to save successfully?
by
Female King
on 25/09/2025, 20:33:12 UTC
Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?
This is just like the case of bitcoin investment it is something you continue accumulating regularly with the little available income you want to use over o long time you might compounded enough bitcoin. Saving has been a life saver for most people the little you are saving can compound a huge money you never expected in a long run. I have different places i save i believe in a year time i will have a good amount to start a business i think people should have the habit of saving money.
Post
Topic
Board Politics and society (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Female King
on 13/09/2025, 04:42:33 UTC
Well in Bitcoin investment no money is made permanent for a particular usage, the usage of this funds are not rigid but flexible and adjustable base on situation and or circumstances. There could be times when emergency fund can be used in the place of discretion fund when there is no discretion but that doesn't mean that it will remain permanent but these only happens when there is a financial difficulty or mismanagement of fund or when our source of income are whimpy. But However I don't mean to say yhat it is advisable to misplace the usage of each of this funds but we just need to know that sometimea we just need to be flexible in our investment approach in other not to follow a wrong investment approach expecialy anything that will leed to selling of Bitcoin when our target has not been met.

It is worth noting that the Emergency fund isn't as flexible as every other backup funds, such as the reserve or float funds. Tampering your emergency fund or using it to serve the purpose of the discretionary income would only mean one thing, which is endangering your Bitcoin portfolio. The Emergency Fund should in fact be treated as a rigid cushion as it is the ultimate safety net for your Bitcoin investment.
Now imagine a situation where you hit a potential DIP in the market and it's just so attractive that you feel you can't miss buying on that DIP, and maybe in the absence of a reserve fund or discretionary fund, you decide to opt for using your Emergency fund to buy the DIP (leaving your Investment defenceless and vulnerable), with intentions of replenishing it in the coming weeks, and then just after the buy, an unexpected emergency suddenly pops up. Now, there's no emergency fund in place, no reserve or float fund, you're left with nothing but your Bitcoin investment, what do you think would happen in such a case if not to dip into your investment to sort out that emergency...

The Emergency fund is just as important as your Investment and should be treated with extreme caution too, the only time one should seek the assistance of the emergency fund is when an actual emergency surfaces, anything other than that could either wait or be attended to by other backup funds. I'm not in support of the idea that the emergency fund should be considered as a flexible fund that could be extended to other areas or financial needs, except actually emergencies.
In some cases where you have exhausted your discretionary income for bitcoin investment it's not bad if an investor uses little of his emergency fund to purchase bitcoin and still make a replacement back to your emergency fund when things are alright but emergency fund shouldn't serve the purpose of discretionary income using your emergency in a one time purchase of bitcoin doesn't give you a bad method to invest in bitcoin.