🆘 INVESTMENT OR SPECULATION 🆘

My friend's father-in-law invested 0.5 $BTC in 2017 at 19000$ and in 2020 there was a time when #BTC reduced to more than 3000$ but still did not cut losses or average DCA price. The reason he shared is that this is idle money so it's okay to lose it, not buy more or cut losses and how he held it for so long, in addition to the issue of his opinion on idle capital that can be lost, he entrusted it to him. The son-in-law is the one who directly buys and holds BTC. It can be understood that he is not too interested in the market and accidentally his extremely simple investment method is effective, when in 2021 he took a profit at $40,000. . However, the strange thing is that after taking profit, he did not buy any more coins, but in 2022 when BTC dropped to more than $15,000 and after a period of recovery to $19,000, he continued to buy 1 BTC. And this time his opinion is different as he has not yet taken profit and he has shared that he will sell some when BTC reaches $90,000 to exchange for a car.

The above is a 100% true story and I want to share this story so people can think more about long-term investment strategies that often have better results instead of short-term speculation.

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