Today I just read a pretty good story:

A friend whose father-in-law invested 0.5 $BTC in 2017 had $19,000 at that time and in 2020 there was a time when#BTCdropped to more than $3,000 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, after taking profit, he did not buy any more coins. Until 2022, when BTC dropped deeply to more than $15,000 and after a period of recovery to $19,000, he continued to buy 1 BTC and this time his opinion was different. Up to now, he has not yet taken profit and he has divided Will sell some when BTC reaches 90,000$ to exchange for 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.