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Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas
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Topic: Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas (Read 237 times)
Asiska02
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Re: Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas
December 25, 2023, 03:42:36 PM
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by
hugeblack
(2)
#21
Quote from: Kelward on December 18, 2023, 07:53:37 PM
So how una reason am, for person wey don plan to de continue accumulating btc nonstop till bull run, weda im fit take break for December, enjoyment, or leave enjoyment and continue to de accumulate?
I expect that someone that already had plans to accumulate till bull run should have putting the celebration as part of his plans, either to have a funds separated for it by saving gradually before the time or will take a break for only this period and continue after that. I believe the earlier will be the better decision to have being taken by the person because it will give him the opportunity to continue buying on a continuous basis where he might even get to accumulate more during this celebration period if the price dips a little. There is no perfect time to accumulate bitcoin and that’s why DCA is a very great strategy to accumulate bitcoin as it works and fits for everyone that wants to save and accumulate bitcoin for long term.
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1714765375
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Richbased
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Re: Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas
December 27, 2023, 01:26:56 PM
Merited
by
Hewlet
(2)
#22
Quote from: Kelward on December 18, 2023, 07:53:37 PM
So how una reason am, for person wey don plan to de continue accumulating btc nonstop till bull run, weda im fit take break for December, enjoyment, or leave enjoyment and continue to de accumulate?
This is the more reason why you don't need to invest all your income so that in festive periods like this that you will need to spend some money on your family and loved ones, it wouldn't affect your regular investment because the money that you scrap out of your income is what you will use to settle the expenses of the season without touching your investment or taking a break.
It is important not to take a break during your investment periods inasmuch as your income is coming regularly because as soon as you take a break and you spent all the money you have at hand it may be difficult to continue investing because you will start experiencing some difficulty to invest and also settle some of your basic obligations.
Again festive period like this is not a season to spend money extravagantly as there is still some responsibility that awaits you after the season so you must make judicious use of every amount you're spending and don't spend to impress anyone because after the festive period, no one will come to take your responsibilities so it's left for you to be wise and don't indulge in anything that will hinder your investment processes.
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Re: Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas
December 27, 2023, 02:25:19 PM
#23
Quote from: Kelward on December 18, 2023, 07:53:37 PM
So how una reason am, for person wey don plan to de continue accumulating BTC nonstop till bull run, weda im fit take break fa or December, enjoyment, or leave enjoyment and continue to de accumulate?
Op na you used your mouth talk say BTC go pass $100k after the BTC halving don happen. No be today we start to spend lavish for the December period and nothing e don add to our body, and after December don ends we dey always find am hard to survive the month of January. This bull run wey they comes na opportunity to use comot for poverty o, so do not allow December things to make you spend too much money, affect your BTC accumulation, or make you sell your BTC holding so that you fit see food chop for the new year. You fit just buy one custard of rice, meat, and stew things make them just cook that day. If you are married explain to your wife why you want to just spend on a low budget so that she can understand too. But if poverty never tired you, you fit dey follow the December pressure they spend anyhow, and when others go they jolly when BTC don do another ATH you go they live on regret.
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odunybiz
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Re: Continue to accumulate Bitcoin, till bull run or take break and enjoy Christmas
December 29, 2023, 06:15:14 AM
#24
These are two different things that shouldn't be compare with each other. Although if one don't plan well, entertainment may affect ones plan. A good plan before Christmas can help to keep ones savings from been affected before and after a festive period.
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