Bitcoin Forum

My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

You sound not desperate, but impatient. First of all, you should invest only what you can afford to lose because you never know when you will be able to gain profit, especially huge. Secondly, Bitcoin is a long term investment. It's not really a good idea to try to make money by investing in it for months unless you can see the future.

What I can deduce from your post is you getting lured into investing more of what you shouldn’t have invested thinking that the pump will increase for a short term. This is what is called the FOMO attitude but with bitcoin the safest  way of holding and earning profit isn’t a short term thing but rather a long term strategy. There are also shirt term options but two months is just so short.

If you’re looking at earning profit on bitcoin or cryptocurrency on short term basis I would suggest you look into trading although it is more risky than the holding that is currently frustrating you

This sound like storyline that is not properly written and from what I can see from your statement it reflects your level of low understanding of what bitcoin as an investment is and what role volatility plays in the price of bitcoin.


Secondly, you also lack the basic knowledge of the risk associated with Bitcoin as an investment and that is why you see Bitcoin as a get-rich-quick scheme, such a mindset always triggers up immediate and lack of motivation to wait, because as you mentioned in the last paragraph you stated that you will take whatever buy position that opened up from June 1st if nothing change or if the price continues to increase., this mentality can lead you into buying Bitcoin at ATH which is not a good entry position.

TBH you sound desperate!

Bitcoin is not a "get rich quick" scheme. Your thinking is very similar to those who get
into $hitcoins.

You need patience and a medium to long term outlook. Also a little more education
will trach you that on a weekly, monthly or multi-monthly Bitcoin doesnt keep going up!
There is a market there with traders, investors and speculators who all affect
that market up and down.

You are simply fearing of missing out the move. You know it will get higher. But you don't exactly know when and at what price you should buy and get a position. it's okay to be desperate, that's how you feel. What's not okay is if you do something you aren't sure of. Like your idea of buying at any price. In the market, you have to demand your own price.

Just a tip. Don't FOMO. There will always be another trade. There are abundant of opportunities in the market every day, every week, and it won't stop.

You don't sound desperate but certainly impatient. This is something that changes with more experience. I can only imagine you haven't been holding Bitcoin for very long.
Anything and everything imaginable will happen to BTC price. You could both be absolutely right and completely wrong at the same time.
You could think price hits $25k before taking off, but turns out it only goes to $30k, then drops to $10k before finally taking off to $100k.

The only certain thing is that long term holding will generate long term wealth. I suggest making DCA trades monthly, that's it.
Keep an excel where you track every purchase every month. Buy a set amount every month, no trades, no BS.

I believe you come across as impatient because I can tell you invest and you are hoping to receive your money quickly or you invest money that, if you lose, could put you in financial difficulty. I believe this is one of the reasons why people have always advised investing only as much as we can afford to lose. Although I think it's your decision to buy at any price, I can see that you have done so as a Bitcoin investor.

Or someone who is learning how to invest in Bitcoin successfully, which is not the way it should be, I suggest you go and learn more about Bitcoin investment, such as when to invest and how the price fluctuates.

Nah, you are actually telling the truth and the sentiment that you have. It is better to become clear and transparent about yourselves, rather than keeping it secret otherwise, you are ruining your goal and the reason why you are investing in Bitcoin. Well, we can assume what will happen in the market but we should still keep calm and have faith in crypto despite the corrections and slow recovery, we can be there someday that is why we should have to be patient.
Great rewards are what we actually get upon holding and was not wasted.

Why be impatient, the $25k target is definitely achievable in the near future.
Even if the price goes up, there are still plenty of opportunities to buy cheaper.
You don't need to panic just because the purchase target has not been reached.

Don't push yourself too hard to keep buying if the target hasn't been reached.
Wait and see what the market conditions are. Buying early will make you feel dissatisfied when prices continue to fall.

It's good to do DCA and prepare capital reserves for each purchase.
Buy lower and hold until you reach the top sales target.

It looks desperate, and the fact that you bought it in the same year shows that you are really after money. The fact that you said that it will start pumping and pumping means that you should not think about it; you should have a basis no matter what. For sure, you've just invested for thoughts or hype around you, which for sure makes you not last in bitcoin holding. That is really the cycle of bitcoin holding, and I hope that you'll learn from it and reflect on it. You won't get rich in just one year of holding bitcoin; you need a few years.

Well i want you to understand  that bitcoin  is an asset and hodling  is a totally different  business of its own and at such, you ought to be ready to follow  its ethics.
And I think you should also understand  that there is nothing certain about bitcoin  not even its price movement  which determines the profit and losses it offers.

Well there isn't no best time to buy and hodl bitcoin  but what really matters is that you're doing the right thing and since you want to hodl,  you should also try to doing so for a long a long time like 2 years or more and since you intend to hodl for long, I think we're still in the bear market and it's not a bad idea to buy at anytime within this period  and you shouldn't wait for July as the price might even skyrocket by then.

Don't be in a hurry to make profits in Bitcoin investment, do it slowly with the support of high patience. No one can guess that the price of Bitcoin will continue to rise after you buy, so you need patience and time to reach your desired goal.
If you are still afraid of losing, never invest in Bitcoin. Simply put, Bitcoin has never promised real profits to anyone, those who are able to survive the shocks will win and get a bonus for their patience.

 It's a desperate move and if you harbor that ' get rich quick ' mindset, you'd quickly lose interest when instead of profit, you encounter loss due to volatility. You're relatively new in the forum, so instead of jumping in without thinking, why not take out time to research and better study the market or possibly DCA while observing the market trends.
 Bitcoin investment is something that is risky as there is zero regulation and no collateral Incase things go south hence the need to not be in a hurry. 
 I think it's better to just buy now and hold instead of waiting till 1st July since this has been marked to be a good year for Bitcoin.

No, you do not sound desperate, I find it ok to tell what is in your mind and expectations.  There is nothing wrong in sharing your thoughts, besides that is your investment.  Your money your decision.


That is the essence of Hodling, a person who is into Bitcoin investment have to hold Bitcoin for a long period of time in order for him to have a satisfactory profit.  Most had been gaining 3x and more of ther Bitcoin investment especially when they timed it at the bear market and able to seel after 2 havling event.  Just like in the year 2014-2015, when they are able to buy Bitcoin on that year and waited for two halving, in 2021, then they profited more than 20x of their investment

Golden rule in trading. There’s no asset that can perform a continuous pump for a short period of time. You can only see this kind of price behavior when you are using a long time frame and Bitcoin is the perfect example. You can only expect a continuous growth on Bitcoin investment if you are viewing it in long term as in you don’t consider short term trade to avoid emotion if there’s price action.


I’m sure that you will still not buy in case the price reach 25K or you definitely sold again when the price dip further below 25K because that’s what kind of person you are according to your statement structure.


Badly desperate is the right term. You won’t be created this thread if you are not struggling within yourself.

Every investment has its own risk. Also, I'm not quite aware of July 1st to be an indicator of the market unlike with the last quarter of the year. However those expectations does not mean certainty. The market price will go sideways without any particular hint.

Whether to hold or not, depends on the investor; short term or long term. Basically, short term investors are the ones who swings in every price action. Is it best to just hold? If you can endure seeing how price changes from time to time, then you're good with long term holding. Price is somewhat consistent upward if you'd use yearly timefrme.

What I see in you is impatience and wanting to get rich quickly. I want to tell you that everyone who has failed to invest in bitcoin has the same mindset as you.
The market is unpredictable, no one knows what will happen in the future. What you can do is draw up a plan and stick to it, absolutely do not rush and do the opposite of what was outlined earlier. If you do not have too much experience in market analysis, try to consult with many others and then make a thorough assessment and make a final decision. Again, don't forget, bitcoin is not a get-rich-quick tool, and not everyone who invests in bitcoin makes a profit and becomes wealthy.

People get the wrong impression when they always hear stories from short-term holders of bitcoins little do they know not all of their stories are true and they just making stories for their content on youtube. Most people that are getting decent profit from bitcoins are those who were holding it for the long term and also they have multiple sources of income that's why they can have to hold it for that long. This is what most investors nowadays miss, they only rely on one video, and they rush to convert their assets to bitcoins hoping for quick and easy profits also some of them do the worse by borrowing money just for the sake of investing in bitcoins which is not right.

Never regret to invest or feel left out because there is always another opportunity to invest with you wait for a DCA. Before investing DYOR and confirm to your conscience, emotion and indicators. Yes there is buying time and selling time if you have the eyes to determine them through your lens of indicators but for now, more investors are coming in to hodl for halving, so it depends on what you want to do.

Don't rush to decide. Use the DCA pattern.
No one knows if the price will move up or down. There is potential that in May the price will find it difficult to go up and still have the potential to fall below the current price due to several factors.
If you can't wait to get into June, buying now will also be advantageous to keep in your portfolio because Bitcoin can make a surprise at any time.

Your story reminds me of the type of person who plans too long and then changes.  :)

I know targeting a lower price is good for our purchases, but if you are too tired of waiting why not just buy a little over $25k because it is just as good at a low price especially if you have increased your money to buy bitcoin then I think you should buy now instead of waiting for an uncertain drop even if it is so close to $25K.
But for me is when there is money then I will buy prices that are still below the $30k area it is still in a low situation.

People who seem desperate will have high panic, so I think that feeling must be removed because in bitcoin you have to wait for longer patience to be determined if you want to make money in the next few years.

If you save bitcoin properly then the HODling method will never disappear, I'm trying to survive deeper by HODLing in more than 5 years.

Bitcoin investment is not an easy task especially when you embark on with an amount of money that's not what you can easily let go while you patiently wait for whatever number of years it's going to take to get the amount of profit you had in mind before initiating it.

We should be wary of investing into any asset that pumps up value non-stop within short period of time particular if it's a cryptocurrency as they are likely to pump and dump leaving you the investor at your peril. For a currency like bitcoin you want to invest for a long plan it's appropriate that for a low income earners you could invest in an amount that is about a 10% or 15% of your total life savings to reduce tension on yourself should market price fall causing delay from how you had planned.

Most of the times, based on market volatility, it's the market that rather plans for us while we patiently waiting for a favourable season.

Yes, DCA is a good choice if the OP has any doubts about price.
After all, he shouldn't push his way through seeing $25k happen over May if an eventual price recovery is a fact. Bitcoin has breached $27k which may can break $28k resistance in the near term. If the OP hadn't waited too long at $25k, then maybe he'd have gotten some returns when bitcoin instead bounced to $27,500.

The main point must be considered, yes it is DCA. Even if $27k was the highest in recent days, it was a lower price than early May. Buy now is fine if OP is planning a long term investment.

I only see an imaginative pumping and pumping from the op. Op should give us some of his pumping, pumping and pumping evidence. I see it as a phishing Hunter. By the way, waiting for the bearish market or time time buy bitcoin is good but the question is when? The time is unknown. So now that the market is still on the semi bearish market, you make your purchase and wait for the next line of action. If it goes down as you put in the Topic, you still hodle and hodle till the next bull market.
But at the mean time, if you think that price is high and you can't buy for now then you can diversify the investment to other areas like other coins. Invest on them and when their price goes up then you sell it.

Let's say you've got $10k to burn. You don't, but hey, since we're playing games, let's say you've got that much money.

Price yesterday was below $27k, let's make it simple and call it an even $27k. If you'd bought at $27k, you'd have 0.37 BTC. If you'd waited for $25k, you'd have 0.4 BTC. Is that 0.03 BTC really worth waiting for?  If you had $100k, that difference only becomes 0.3 BTC.

Now let's say you miss the boat and we don't look back and Bitcoin goes up, and up, and up. Do you keep waiting? Keep missing out?

2 months is too little time to invest in bitcoin and expect a return with profit in such a short period of time. I believe you lack the patience for waiting because you view bitcoin as a quick way to get rich. Alternatively, when you hear people say they have been holding on to their investments for a long time, it seems to me that you have invested a sizeable sum of money that you cannot afford to lose and are afraid of losing it before the amount dumps for these. I believe you should continue waiting for a Bull run in order to profitably recoup your investment.

And for these, you need even more understanding about bitcoin investment, including how the bitcoin market functions and other crucial information you must understand in order to manage your coin.

The dullness of the past two months only shows how weak you are, you have no place in crypto if you are going to get this fed up this fast,   a strong bitcoin investor should start worrying after 2 full years of investment, you aren't seen nothing yet mate, ask those who survived through 2018 bear market, it was so annoying that many people who planned go hold Bitcoin for a long term start selling their Bitcoin and gave up their dreams.

People expect things to just work out like that, as if it's that easy to make money in the crypto space, it's not easy to be a holder, you heard that right, you will face some tough situations that can intervene with your crypto holding, if you are smart you will hold very tight and not get shaked by fear.

I can't determine whether you seem desperate or determined to make money, as it depends on others' personal interpretation.  However, it is understandable that you may be frustrated with the situation.

 Finally, you believe that holding Bitcoin for many years is not a lost deal, suggesting that you still maintain confidence in the long-term perspective of Bitcoin as an asset.
I can only add that you have misinterpreted the true meaning of Bitcoin.

Being desperate is out of the question because we all are determined to make profits and money from our investments, if that sounds desperate to you, so be it. But you will just have be patient because there will be a time for you and don't be in a hurry like you're in a competition because you are not as that will just produce mistakes along the road. The only one you're competing with is your mindset, which is not really helpful in these times.

I assume that you are not well informed and you are without any form of guidance. If you were acting under guidance, the person would have told you that it is not a good plan to want to invest at once, and waiting is a dangerous game if you want to buy bitcoins. Buy bitcoins when you can as you can and do not just buy based on the price it is.

Don't get discouraged because things have not gone the way you expected it to go. Buy bitcoins today and keep buying, have faith about the price that although it does not look good, it will get better for investors.

Bitcoin market movement is really unpredictable, so we cannot justify anything just because our first few prediction happen.  Worst, if we are following technical analyst, Bitcoin is known a shamer of technical analyst.  There had been lots of prediction that bitcoin price movement had countered.


Why not start now?  It would be more troublesome if bitcoin price goes up by the time you planned to buy it.  You can always have the opportunity to DCA if ever Bitcoin price goes downward.  But you will never average down if bitcoin price starts climbing up.

You don't sound desperate  since your plan is to hold Bitcoin for years.

It is important to be patient when considering buying Bitcoin. Just because you have a target price in mind doesn't guarantee that it will be reached exactly. Market conditions are constantly changing, so it's necessary to make real-time decisions. If you believe that Bitcoin will consistently increase in value, it may not be the best investment for you. Additionally, waiting for a specific price to accumulate and then expecting a quick sell-off may not unfold as anticipated. There have been instances when Bitcoin starts to rise from our intended buying range, causing us to miss out. Therefore, it is crucial to conduct market research and determine the right time to buy and how long to hold the cryptocurrency.

I see from the way you say it that you are looking to get rich quick in this market. Most people who think like you will fail as soon as they start investing in this cryptocurrency market. So it is best that you draw up a specific plan, consider and find out reputable project sources, as well as a reasonable allocation of assets for many different currencies. But still prioritize optimization and consider risks because this is inherently a volatile market that is also full of scams for new entrants.

Know that if you can’t be good in long term investing, there’s high chances too that you won’t be successful when you trade. So always starts at the basic before you indulge yourself into a more risky activity. However, it’s true that two months hodling is very short, most of the time it takes months or years before you can be profitable from long term hodling. So have more patience and perseverance because that’s the only way you can manage your investments for long term, by not believing into FUDs and FOMO as they can ruin your long term hodling.

If you're conversant with the bitcoin price you would have seen that there are times earlier this year whe bitcoin price go dip to about $15,000 before it begins to rally round the zone of $20k and now to where it is, which means we cannot predict the volatility as to which direction ot goes or when it makes such moon


It's because you eeded a means to invest on a profitable investment makes you decided to invest on bitcoin, everyone of us has this as a mindset in one way or the other towards this even though that may not be the major reason why we chose bitcoin


You can never lost your asset as long as you're holding it on a decentralized wallet a d have the keys to the wallet with you alone, you will always have a good edge for a better future with your holdings.

We are still in bear market, so no, the price will not go on parabolic rise. Are you really sure you want to hold long term? because for me it sounds like you wanted to get a good profit right away.

No offense mate, but HODLing is a tough game, you need to prepare yourself to just grind day in, day out, buy every week and protect it in your wallet. So if I were you, just do DCA and continue to accumulate regardless of the price, in my opinion. And see how it goes for you after the block halving next year.

Wether bitcoin will back down to $25k or below is what I can only believe when I see it happen, but if I was to advice you @op, I would say that now is still a good buy if you are planning to hold bitcoin for long term, if you wait from now to July, you never can tell if the price will be higher by then, and again, you will end up regretting why you didn't buy now.

If I were you, I will buy bitcoin at its current price, and if by July, the price become cheaper, I will buy more to bring my average buying price down, remember, this market can't be predicted accurately.

For me, it will be worth wait for long term holding if Bitcoin even until several years later. Hopefully, I can really meet the bullrun again, so the wait for the season  y holding Bitcoin tightly will be reallly worth wait. I have no idea to sell the BTC right now although it has been increasing.. there are still enough time to add more amounts and keep them by holding, becoming more patient for holding.

Holding is really hard at the start, negative emotions are gonna make us think "of not doing it". But if we really have the goal to do it and a good reason, nothing is impossible. But in the situation with OP and based on his statement, you are probably right, it was difficult for him to hold when our minds is not syncing on it as it only fails in the end. If we can't control our emotions, never be going to expect that Holding can be easy to achieve instead, we gonna expect this would end our journey in crypto.

If you know the recipe for how mostly are making profits through holding Bitcoin as you've said, then why not do what others are doing as well?
You're good to trade for profits whether it's on a daily basis or weekly basis but don't let yourself have any Bitcoin that's set for long-term holding. It is what it is but those that are dominating this market are the people who have experienced the toughest times of the market and learned how to be the most patient people in the hardest times.

Yeah, if he's just here til' July then he should take advantage of the moment that he's seeing. Buy and decide to sell for that month if the market goes better.

It seems that you are investing an amount that you can’t afford to lose so that made you impatient with how the price of bitcoin is going through. You should have known in the first place that the market is highly volatile so expect that there will be more price swings and price decline that will be seen happening in the market. But if you have the patience to trust the process, long term hodling will never disappoint you as long as you also invest with positive mindset and the right attitude towards your long term investment.

In this market, it is all up to us how we will prepare for the future.
We may have seen some people holding for long-term because they have reasons.
You can read various insights from newcomers as well as long timers, but at the end of the day, it is your decision to make.
It is your own money, so you should decide on what to do and not follow other's suggestions.
But of course you can always gauge and asses the insights you can read over the net.

identify the initial goal first in buying bitcoin, if you are for short-term trading, then it seems that you can still make money, but if you buy to get a pump in the near term, it seems that it is wrong. we all here don't know when there will be a bullrun on bitcoin, so it has to be long term. My advice is to improve your mindset or get out of the market immediately, because it could happen that bitcoin will fall below $ 25k like your purchase and can experience a longer bearish season

Bitcoin is not a get rich quick investment, you must be patient and strong to hold for long. Long term investment is the best for bitcoin. If it goes down or rise up, you still hodle and hodle till the next bull market.
But at the mean time, if you think that price is high and you can't buy for now then you can diversify the investment to other areas like other coins. So have more patience and endurance because that’s the only way you can manage your investments for long term, patience is investment. Nobody know when bull market will come or bear market. Long time is best.

There area till people that are making crazy money from the market that is why we need to to seek for understanding and update so that we don't need to rely on a single coin for it to give us the kind of profits we need to get to where we want to us ourselves. There are people who do get the update of when new coins are launching and they don't miss the opportunity to hold the kind of coin that will give them the kind of profits they want to have in the market.

Holding a single coin for many months is not easy and can not make us get the kind of profits we really want. There is need to hold multiple coins to earn more from different liquidity.

We've got a glimpse of it and based on the history of having Bitcoin we've got all the idea of what it will look like in the nearest future. We set a timetable on how long we shall be involved here but for most, there's no exit plan. And that is because we know how the financial system sucks and the banking system is certainly about to get worse soon. Having your own plan is a good one based on how you look into the market. You have your own belief and style of investing so no one can stop you if you want to hold or if you want to sell and stay here for a very short period of time.

It's easy actually, you only have to wait until the total value becomes more than the capital you've used in buying it.

You are completely right bud, it is always our personal decisions to make at the end of the day, as we all already know that if one follow the advice he found on the Internet, and maybe things later didn't go as envisioned, there is no way such person would hold the one that gave the advice responsible, reasons being that..
1. You don't know each other, and neither have you ever meet, and chances of meeting is even slim..
2. You were not forced, you read, and on your own decided to do as advised.

So basically, it's up to OP to decide what's best for him, is his money, is his financial life and it is his sole responsibility to plan it the way he wants, but like they say, "no man is an island of knowledge", it is never a shameful thing to add other people's wisdom to yours for better results, most especially when you feel you are in a cross road and don't know the right way to go.

Even if you invest in other fields or other coins for which you have no patience, you will not succeed. The more impatient you are, the quicker you lose money. It seems that he is still a newbie to the market, giving your altcoin investment advice would be the next mistake he is prone to make. Altcoins are not for beginners who want to make quick money because it is a lot riskier. To be able to invest in altcoins at least you need to spend a lot of time doing research.

Yes i think is holding time is right .

You do not have to be waiting physically and monitoring the market waiting for the price of Bitcoin to reach $25k before you place your buy order, you can do that automatically on the exchange that you're using. You can deposit only the amount you want to use to buy the Bitcoin and places an automatic buy order so when Bitcoin reaches that price, it buys it automatically.

You can also DCA, you buy some Bitcoin now and wait for the price to touch $25k before buying the same quality again and wait for Bitcoin to fall to the next support before you rebuy. Just waiting for Bitcoin to touch $25k mightn't happen and you don't want to miss buying.

The chances that you can predict where the market will move are way less than you think are. I would prefer you to stack and forget rather than try to buy/sell regularly or weekly.
That's not how you should treat Bitcoin or any other crypto. News/Event based trading is something which should be done in minutes and provides a lot of advantage if you are early.

The market is volatile, and trading is risky, always ready to face either the bull or bear season in the market. We identify solid bitcoin entries and also know when to trigger a sell signal, whether in a bull or bear season. We should do our best to understand the market and how its entire operations in order to benefit most of the time, because it is not always guaranteed to be 100% profits, partly through technical and fundamental analysis. HOLD is only possible by patience with structure longterm investment, and planning good setups in order to capitalize on available earnings.

If you have Bitcoins in your wallet and holding it for long term, then definitely you won’t make any losses. The reason is very simple. We know Bitcoins are fixed or limited in number, hence they are very rare. The marketcap of the coin is very big, so it proves that people are well known about the coin, and the coin is being transacted at high rate daily. So when the demand to acquire the coin will increase, the price will automatically go up due to the fixed amount of coins. So yes if you are holding the coins, then hold it for few more months. Definitely you will get huge profits from it.

Since you have decided to buy Bitcoin when the price of Bitcoin drops to $25K, you may have to wait for a while.  Because right now the price of bitcoin is between 27K and 27.5K dollars and the market goes down more than it increases every day because the market has more downs than ups so maybe the price of bitcoin can come down to 25000 dollars very soon. 

If you can buy bitcoins at $25K then you will try to hold bitcoins for a long time. Because if you buy at $25K there is a high probability that the market will go up and if you can hold it for a long time then you will get good profit.

Yeah I would completely agree with that. Anyone who thinks of Bitcoin as a get-rich-quick scheme is setting himself/herself up for failure by giving in to this delusion, which only serves to fuel an emotional mindset and that eventually and certainly leads to emotional trading on a loss. It is best to be smarter than that. If one cannot afford to invest money long term then they should not invest at all. Bills and life come first.

OP might be sorely disappointed but we have already passed 25k. So if he really needs to pay bills or something he can buy and still have a slight profit, seeing as Bitcoin is now heading towards 30k...

Although I think he will be even more disappointed in the future, should he decide to sell. But that is his decision. ::)

Patience in crypto is the powerful tool to have especially for a newbie in the industry because crypto market has it's cycle that determines the market's sentiments for whether it's a bear or bull market. Right now we having a bear market which is the right time to buy and HODL for the next bull cycle. Never have impatient because those people can HODL will have the benefits of all and it will be a life changing opportunity for you if you practice more patience.

I agree with the first part of what you said as it is indeed very challenging to predict the market's next moves especially in the case of Bitcoin due to its high volatility. However, when you mention that you'd prefer to stack and forget rather than actively buying or selling regularly or weekly, that statement is correct but there's nothing wrong with buying Bitcoin regularly as it allows you to invest smaller amounts over time.

I feel like by treating it as if you're paying an extra bill for your house on a weekly or monthly basis you can gradually invest in Bitcoin without feeling the burden of putting in a great amount of money all at once. That would make you a huge profit in the future for sure.

Correct, to be early with your trades right after hearing news or event can provide a big advantage. It allows you to place your trading orders at the right timing and would increase the potential for making more money.

What if he bought it for 27k dollars? This difference will be huge if you invest a large amount, but if you only invest a few thousand dollars, there is not much difference when buying bitcoins at $25k or $27k. In my opinion, it is best to buy now as there is no guarantee that bitcoin will drop below $25k. If your vision is long-term and will only sell during the next bull season, buying at $27k or $25k won't make much difference.

I personally once was in an impatient situation because I wanted to buy BTC fast, and I put a buy price on the exchange to buy BTC at a cheaper price and didn't buy too for days.
but in the end I decided to buy at a high enough price and canceled to buy btc at a low price. finally bought it, but after buying it suddenly the btc price dropped even deeper and in the end I regretted not getting a cheap btc price.

so basically in my opinion we need patience in investing to achieve success in the field of BTC investment and others.

If you have invested with the mindset that it will always pump then you were on the wrong side from the start only because this market is too volatile and when have you seen it pumping and pumping in 2023? There have been significant up and down from a long time so I don't know how you were seeing it.But buying is the good option at any time if you have long term holding approach in mind say 4+ years but in short term you have to manage the buy/sell period to make profits.

You have answered your question itself. I mean the biggest challenge in the HODL is your patience itself which you seem to be breaking apart in very short period of time. Thats the thing actually we don’t want to let go when hodling the bitcoin. Two months is really nothing and you could end up waiting for years to hike the prices up to the classic mark. Imagine about the investors who has their bitcoin in wallet or cold storage since many years now. I am sure that is the example we need to keep in our eyes.

Investing like you are paying bills is more like using a DCA strategy for investment and it wouldn't be as burdensome compared to waiting for the right price to buy.

This is cryptocurrency and in its world, patience in large amount has to be applied because there is no physical office where you can barge in and make complains or enquiries.
The right time to HODL should be in accordance to news your hear currently ongoing and also paying attention to the trends and events that might be upcoming.
I bet you haven't heard of the halving going to take place sometime between April and May 2024.
Many shifts and new paradigm would be set up and if you observe carefully during that time, you would take advantage with whatever investment you have too.

looks like you are very excited to invest in btc, and this is a good start because not everyone wants to invest in btc.

I don't think you sound desperate but you do look impatient to buy btc.
I think just do as you please because for now the price of BTC can still be said to be not too high in price, especially if you are investing in BTC for the long term then now is the best, but with the condition that you don't regret if there is a price drop because the price of BTC fluctuates and you have to be prepared for losses.

It's not burdensome for me personally, as I don't perceive it that way and this strategy has been working for me so far, I mean resulting in profits.

I know waiting for the right price to buy can be effective but instead of investing $10k all at once, you can split it over weeks or months. This way, even if the price of Bitcoin fluctuates the impact on your investment won't be as huge compared to investing the entire $10k at once.

I know about the halving every 4 years and I witnessed 2 so far, so don't assume things please :).

No one can accurately predict Bitcoin's situation during and after the halving even with the introduction of shifts and new paradigms as you mentioned, but let's just hope for the better to bitcoin.

Does the OP have a loan to pay back?
If yes, I suggest they stop this habit of taking a loan and trading on that money.
If no, I suggest them to hold for as long as needed until they break even.

Bitcoin investment is about patience. Here price movements can take months and even years of stagnancy. Recovering and a new all time high will be hit for sure but that will take time.

Maybe at this point 25k USD seems like a stable price, but we can go down or up from here, my guess would be down considering the news happening. Your motto should to accumulate at every drop and not think of profits right away.

Yes that's correct. Patience is actually more important than force.
Dollar Cost Averaging or often abbreviated as DCA is a very simple concept to invest money.
$27,493 is the most prominent price in the 7 days on the price chart. For today, in a matter of 24 hours, it still decreased to 1.8% when writing.

I wouldn't assume the OP decision not to want to wait for the $25k price tag is something we definitely can't predict accurately.
We probably won't see prices increasing this May even though an increase can still occur behind the possibility that we don't think will happen. But trying to apply the DCA method can simplify what the OP is thinking.

The problem here is that he's waiting for the price to go back to $25k which has didn't happen. Which is slightly opposite to what he said in the last sentence. In my opinion, if you believe that holding Bitcoin for years was a good decision because price will be possibly reach its ATH then there's nothing wrong to invest early than $25k. It hurts to be left behind by the market that you waited for so long. So in order to avoid that scenario, I would suggest to diversify your capital and buy a portion of your capital everytime the price goes down.

Yes Bitcoin investment is what can make someone rich quickly, and that is something that a lot of people don't realize when investing in bitcoin, so they rush in and put enormous sums of money that they cannot afford to lose into it. However, as the price of bitcoin started to fall, they became frustrated and began protesting vehemently about their Bitcoin investments.If an investor needs high returns on their Bitcoin investments, they should be prepared to hold onto their Bitcoin investments for a long time so that they can see at least one or two bull run because bull run always follow Bitcoin halving periods, which typically take four years to occur, short-term investors are very unlikely to see a bull run phase.

In my opinion, your action or behavior is not a feeling of despair, but it is your strong desire and determination to be able to buy bitcoin at a relatively low price. buying bitcoin at a low price is indeed an advantage for investors in bitcoin. Because that's how it works, in order to get a fairly large income, when the bitcoin price rises. But what I can see is the words in your post. It looks like you look impatient and too hasty. My advice, don't be too hasty when buying bitcoins. If you are really ambitious to pursue the target of buying bitcoin at a price of 25k, then stay firm on that stance and don't be shaken. Unless your ambitions have started to wane, then you don't need to focus on that price benchmark. Because even if you buy bitcoin at the current price it's actually not too bad, because currently the price of bitcoin is still not too high, and at this moment I am writing this post, the price of bitcoin is at 26.9k. So if you invest now, don't get too far from your target, because if you keep waiting for the price to come back down, I don't think that's a good thing. And it's lucky if the price of bitcoin goes down, what if it keeps going up, your target is getting farther away.

Knowing the time to hold is one thing and being patient is another thing, so patient is one of the main drive on holding btc, due to the fact that btc market is extremely volatile it goes up and down and if you're not patient enough you could loss your money.

You won't get anything from Bitcoin if you can't hold Bitcoin for a long period of time, if you are listening to crypto YouTubers and they are shilling their success stories online there is a important part you missed, they won't tell you how they started their journey, it's never going to be smooth, but they will make it sound so easy, like something you can get into and make a lot of money in just few months, that's not so true.


It's why many people on this forum are telling newbies to invest money they won't be needing for more than a year into crypto, it's because the reality is long term, if you are looking for crazy money in a short period of time you need to learn how to follow crypto money, and this is even the hardest part, like when memcoins suddenly became big after we all thought that Shiba inu will be the last best of it's kind, or go look for pyramid schemes.

I like taking the hardest way to success because it's the surest and safest way to make live changing money, not those memecoins that could destroy everything you've spent so much time to gather together.

Yeah, it is a good timing if @OP will buy BTC today.  The market sentiment is currently bearish so the price of Bitcoin somehow plummeted to some percentage.


True that, holding Bitcoin fo a longer period of time is proven to give a higher profit because the person had bought Bitcoin at a cheaper price.


It is better to invest in Bitcoin for more than a cycle,  not just a year.  This way we have a huge possibility of really seeing the profit we are looking for.

The price of Bitcoin is always up and down significantly. We have met Bitcoin price at $30k again after so long, but the market has been dropping significantly currently and they are touching $26k again. If this is for a short holding Bitcoin, I am sure that many people are stressful of the current drop market that happens very quickly. But most people understand about the risk and make it as long term holding. So if the market is experiencing this droo, many more people will prefer to add the accumulation of the Bitcoin for holding longer time again .

The ops have lost every sense of it and there is a high possibility that he will slide into depression if his expectations failed to materialize I am sure he is not ready to invest on a long-term basis due to his high level of impatience,  it baffles me how members forget the phrase that state,  invest what you can afford to let go for a long time.


Most of the newbies have in recent times shown some level of inpatient and unwillingness to learn from experience rather they just want to cash in on the gains.

At the beginning of 2023, many people invested when the price of Bitcoin was not so high. There have been enough times to invest when the market was a bear market. And then a lot of people invested in Bitcoin and held until Bitcoin went up. However, compared to the past few months, the Bitcoin market has pumped a lot and those who invested from the bear market have reaped huge profits. If you have invested bitcoins in your wallet then you must have got a good profit right now. But you need to be patient enough so that you can earn profit from Bitcoin. If you confidently hold Bitcoin for the long term, you will have it in your wallet as an asset in the future. And the decision you have made, of course, if the price of Bitcoin goes down, you will lose money, so you wait until the Bitcoin market goes up. If you are impatient to hold your long, you can sell when the market pumps some amount and buy again later when the Bitcoin market is dumping.

Lets hope that he will still continue holding or if not he will learn from it as for sure only few percentage of newbies if really dont last long in holding like OP will quit along the way. I am also the same with OP before but I still continue it as we see the potential of bitcoin and i do hope that he will do the same and not the same with others that is just jumping with the hype

Being active in the world of day trading, medium term or investing in the long term is not as easy and easy as one might imagine because professional traders and investors have also experienced failure.
Various theories about trade and investment have been provided and explained in various media for anyone who wants to apply them with the aim of making a profit.

I just suspect that you look at social media too often or imagine too often the activities you are doing that leads to an anxious attitude.
Getting involved with Bitcoin is very important to be able to refrain from things that lead to FOMO because the price changes from time to time.
You will get good returns with Bitcoin if you are able to apply some simple methods that any Bitcoin trader or investor is familiar with by saving regularly.
For me this is still a time to hold Bitcoin.

You sounds like you don’t have a sound plan for investing. Something about that’s been repeated time and time again on this forum is the best way to “invest” the in bitcoin (and many other “assets”) is simply by utilizing the DCA/ dollar cost averaging method. By not doing so you’re trying to time the market and that’s basically impossible, without getting most lucky.

It is normal that we hold our crypto investment during bear season, because if we are going to sell in bear season we will surely end up to losing we need to hold till market recover for profit no one will loss if we don't sell at loss so it is important to hold and have a lot of pr ofit when bull market begin.

The best choice someone can make is to hold. It may not be an easy choice, but that's why I don't advise people to take out loans to invest in bitcoin because you can not actually forecast the price every single second. And people should find other ways to make money so that they won't have to worry about what they have invested in bitcoin. Many investors just focus on investing in bitcoin, which is bad for business because you could have to sell since you have no other options for making money. Investment in bitcoin is not recommended for those who are easily depressed due to the price, which has not been in anyone's favor for a while. Very soon everything will fall in place for does that have been patient.

You sound like someone who regrets every dip and doesn't act to buy bitcoins while in a correction stage or you are too excited to collect bitcoins but haven't reached your target level yet. Whenever you believe that in a period where you can buy bitcoin, then do it according to the capital you have because it is good to stimulate your investment to be more consistent. If you are one of the long-term holders, the buying period is not a big deal as you can wait for the decline process when bitcoin strengthens again.

But if you like the short term then it is advisable for you to study the market conditions when buying and you are required to make an analysis of active trades every time. The difficulty is when you are not used to this condition, there are periods that will make you panic when the market is badly corrected and if you react because of panic, then therein lies the loss of the investment you are running.

Bitcoin coin price can not be predicted, because of the volatile in the cryptocurrency market, while waiting for the price drop to $25k per BTC, which it may happen over night and go back to the range of $27k, and what you need to know about Bitcoin is all about patients business and while waiting for the price to dip, is more advisable to place a pending order, when the Market price reach $25k as your target, it automatically trigger and most important thing about Bitcoin investment is the entry point that determine the profits return.

That is why I do not care about 27k or 25k as well. I mean I am going to hold this for many years, probably over a decade which means that I shouldn't really care about what's going on and that should be fine. I get that not many people think about it the same way and maybe we are going to end up with something that will be a lot more dangerous in the long run if we keep on waiting to buy.

So they should buy it if the idea is to hold it for a long time, do not keep waiting, the difference will be huge when the price is high but also you could be too late and then the difference will be huge in that case as well. I would rather see the price increase like crazy during the same period so that we could move on and I would buy right away to be ready for that.

The OP doesn't seem to regret every dip, but just looks like he's really excited to wait for a deeper drop before making a purchase. There were many people expecting bitcoin down to $25k, but it never happened as the market continued to show recovery after dropping around $25.8k.

Some seemed to regret their decision because the price never dropped to the area they expected, so a change of plans is very possible especially when bitcoin is starting to show something positive. OP just needs to take advantage of dips to buy instead of expecting too deep a dip, even if he has doubts then DCA is recommended for him.

I think that short-term transactions, are already trading, if you buy bitcoin for several weeks, or months, and then sell it, then these are definitely short/middle-term transactions. By the way, long-term investments also require you to understand the market, you cannot buy bitcoin at any time and expect to make a big profit, even if it is a matter of several years. If you had bought bitcoin in April 2021 at 60k, then even more than two years later, your investment would still be at a significant loss, so the time and price of the purchase is very important for investing.

Bitcoin market is something no one  can actually tell when it is best to buy or hold instead you buy when you have what it takes to and wait for the outcome. From my little experience I think every time is best to buy and hold  Bitcoin all you need is Patience...

if my memory serves me right, a few days ago the price of bitcoin dropped a lot to the point of reaching 25800$ so you could have bought it, but pay attention to one very important thing which is the following: the price of bitcoin is not going in a race bull right now, it's on the side, it doesn't rise much and it doesn't fall much, the problem with that is that if the price doesn't manage to rise a lot in the next few days, then it will fall a lot, this happens because many people get impatient when they're not watching the price goes up a lot, so they start selling because they already made a profit and if you buy bitcoin at $25000 and then the bitcoin price drops a lot then you will be at a loss, so do a good analysis of the ideal point to buy

even if you're looking to do hodl, if you manage to buy even further down that becomes a big advantage for you both in the short term and also in the long term, so the best thing you could do would be to buy now but you should put a stop loss , unfortunately it is not possible to place a stop loss on wallets, so this would force you to have to leave your coins on a reliable exchange such as binance, obviously it would be something temporary until you see if the price would rise to $30,000, but in case of a price drop you would have a stop-loss at $26000 and you could buy much lower afterwards

First of all you should have to put money and then realize the thing that in certain selected years you will not use that money and will hold it for that time so if during these years you make profit then take it because the market is unpredictable what will occur in future is unknown.

Don't think too much about your losses and wins because different thoughts make a person impatience so sometimes he take wrong decision due to the accumulation of different thoughts in his mind. It is the better way to wait until you get the benefit from it and you will not make loss if you keep calm during negative aspects of cryptocurrency market.

There are lots of cases where investors are waiting for a certain dip that is bound not to happen and they end up buying 2x their target price.  The lesson here is that we can try to put some amount while waiting for our target buying price.  Or we can cost average our way to accumulating BTC so that we won't miss out on the current price if the market move in a different direction in the following days.


That is what I am talking about, there are lots of testimonies on the internet about investors who missed the discounted price of bitcoin because he is waiting for the market price to drop lower.

You are wrong in your statement here. Bitcoin is somthing you can know when to buy. You can also know when to hold. It is simple to buy low depending on the difference prices bitcoin has attained and the ATH. When to hold it not really affected by the price condition but how long you are willing to leave your investment in bitcoin.
The factor that makes it difficult to determine is actually when to sell, anyone that has an investment plan should also know the right time he stipulated to exit the market and when that time comes, the best thing is to exit to avoid indecisions.

On the time that desperations turns out to be too much, then this is the time you would really be finding yourself into a possible or potential impulsive approach on things on making up decisions which is something that would bring out a disaster rather than on being beneficial. Of course everything would really be needing up that patience but on the sense that those target or goal should be somewhat realistic. Waiting for $25? Its almost we do able to hit up those numbers but eventually the price now is starting to go into opposite direction which it is current $27k as of this writing.

If you do go for long term with Bitcoin then buying or getting some entries wont really be an issue since you could really be able to enter without having those doubts or trouble because youve been able to buy on high price but since we are still having that sideways movement then it wont really be that much of an issue or something to mind on but if you are a trader then entering back
on $25k then you would really be needing to have those kind of technical analysis kind of approach and just pray that the market would really be going back into those numbers.  :D

don't be naive because all investors want profit, and i think if you want long term investment you don't have to worry about this problem.
even if you buy now it doesn't matter because the current bitcoin price is still relatively low. even the current bitcoin price is not yet half of ATH 2021 ,so I think there is still a lot of opportunity to buy and make big profits in the future.

I don't think that any time is the best to buy, because for me the best time to buy Bitcoin is when it's going down in price or before the price recovery trend in the market happens to Bitcoin in particular. Because I think buying at the highest price like at $ 60K is not the best choice although it is also not wrong for those who buy to keep it for a long term. Because usually those who like to keep Bitcoin for a long time will not look at the price very often because what they want is Bitcoin, not the price.

When we invest, it's meant to be held for a long time before profits can be made, only a lucky few invest and get an instant profits. When people chase quick money investment, they lose more money than they make but people aren't aware of this problem.

We have to hold if we want to make profit, selling doesn't give you profit and if you want to sell now that the market will soon recover, you're doing the wrong thing and you'll be filled with regrets when you check back on the market and see your coins pumping.

Keep on holding, Bitcoin price will rise in the future and the price of Bitcoin could rise to $100,000 in the next bull cycle. Don't sell your Bitcoin now or you'll regret like those that sold before the last pump that happened in March.

Waiting for a deeper decline will miss the opportunity for the OP to buy as the price is again showing a gradual recovery although a small correction is still taking place in the market now and going forward. One way he can do it is like the suggestion you gave by using DCA and if there is indeed a decline for the next month, he can take the second option by making large purchases according to his wishes and the targets he expects.

Doubt will only prevent OP from buying because he is too worried about waiting for the right conditions to buy, even though under any circumstances he can adjust to the DCA pattern and doesn't have to wait for such a sharp decline to buy. If there are too many considerations in the decision then unfortunately he will not have a chance to see the halving in the next period and lose the opportunity to make a big profit in the next ATH.

What are you worried about when you implement long-term investment in bitcoin, do you know how bitcoin can survive in chaotic economic conditions when Covid-19 takes place and what happens in the following year that bitcoin reaches its highest price. You don't need to understand market conditions for long-term investment, buy and hold bitcoin it will bring you big profits. Cases of loss to investment in bitcoin because it acts on panic and the simple formula is enough to be calm and hold on to the bitcoin that you have, there is no loss to investing in bitcoin if you have made the right investment.

For me when we apply bitcoin investment in the long term you can buy bitcoin at any price like now, because what you have to understand is the long term concept of not being active in trading but waiting for the next ATH. That is why bitcoin is considered the best investment for the long term, besides being able to maintain the value of bitcoin it is also able to provide a sense of security for the assets that you store in the long term.

Actually there is no need to regret when bitcoin doesn't touch the price we want, because of course we already know bitcoin price movements are unpredictable, in other words our predictions cannot be 100% correct. So from here we need to realize that we have to adopt a strategy that doesn't leave us behind, as you said, the DCA strategy can be a solution to that uncertainty. With DCA we can buy bitcoin at a price close to our predictions, even though it turns out that in the end the decline is more than what we expected we can continue buying with the money we have prepared.

That's what I kept telling people for years. The time to buy is always good, but it can be better. It a;; depends on how long you can wait.
If you buy bitcoin at ATH, you may have to wait 4-5 years for profit, but if you do it at an average price, maybe 40% of ATH, you shouldn't have to wait more than 2 years for an opportunity to either exit with small profit, or at least without a loss.
If you have at least 5 years in mind, you can buy at any moment. I'm sure within that time bitcoin is going to experience a bull market.
I've held for 8 years and it gets easier with every passing year.

Some been telling that it would be better not to look into the market or simply with those charts if you are someone who really going for long term on which you would really be that possibly be affected with those market

movement which might cause for you to alter out your goals or targets which you should be holding for too long.Its true that price movement wouldnt really be an issue if you are really that serious on sticking into your goal. This market would really be involving with lots of ups and downs on which each one of us does have their own takings or approach on how to deal up with this volatility. Holding level would really be
depending on someone because not all would really be that emotionally stabled on sticking on their plans along the way.

Always set that buying and selling point and this is something that you should really be doing as an investor. It can be altered though according into your likes and preference.

Many people make mistakes when investing in bitcoin, when they see the price drop they panic and sell, most people can't wait to hold it so when the price rises they regret it, or conversely many people are too optimistic that the price will continue to rise and what happens is the price drops, it's better if we have to set a target for profit so it doesn't take too long to hold.

I agree with you OP, because the more you hold your Bitcoin the more you know that you don't need to miss your opportunity when the price increase higher to the level when you sell you can get double income at the moment from your investment. Based on some of the potential results holders got from long years holding has made many holders to apply such strategy in this season, so that they will be able to achieve something good before the end of this year. I think, this is the time to hold your Bitcoin, because the price is still moving between $26,000 and $27,000 which is a sign that bullish season is very close to investors to smile again.

I think that kind of thing is not a mistake, because from what you say it only leads to someone's patience in holding and also in waiting for the price he wants. This means that everyone can benefit after buying at the price they want and then holding it until the price he has targeted is reached, if the price he wants has not been reached, that's when he must be patient in holding it until the next price increase occurs in the market.

But for every investor who likes to invest in Bitcoin, I think they all have a greater level of patience because most of them always make their investments in the long term and it won't be a problem for them if they have to wait a long time for a the price they want on their investment.

I think the best strategy when looking at dump prices is to be patient and hold, if we can hold for at least 4 years then the opportunity to get big profits can occur, because the bitcoin trend is usually rising or skyrocketing in price every 4 years.

It's not possible to get a perfect time for buying, the current price is pretty good but it can get better, so the best possible way is to do DCA so that you don't need to regret it later if the price drops further. If you are doing DCA, you will always have some funds remaining to buy if the price drops more from where you've bought previously.

Even if the price doesn't fall from when you bought it, you will still not be in a bad situation since you will have bought some already when the price was better. Remember, never do upward DCA which means you shouldn't buy when the price is going up.

holding Bitcoin in 2023 is really very frustrating for us, because it is a dump and prices always fall,
but this is a good opportunity for those who have capital, because HOLD for the long term is very good.

That is why they said invest in what you can afford to lose, you can invest any time, you can buy any time, but the secret is, be a great holder and patience, even this present price is good to invest, because the price will rise again, and the DCA pattern strategies, that is good to apply,  this is directly, is to hold for long and DCA till the next bull run. when the price of bitcoin drops,it is a good time to increase DCA buying and return to normal when the price is out of limit or start to recovery and the long term holder enjoy. Investing is a job, and like any job, it requires practice, skill development, and constant training.

This is the truth, 2022-2023 have not really been a favourable year for most bitcoin holders who bought at the previous all high prices, but for those who have been waiting for the price to drop so that they can buy at a discount price.


So this is the best time to buy more bitcoin at a discount price but for those short-term investors who are waiting for the price to rise above its present price to sell are finding this year and time as the most discouraging year for them.

Those are just paper loss as long you dont close up your position then its not really considered to be a total lost. It would really be just requiring that kind of emotion control of course and discipline whether you would really be sticking into your target or goal. If you do accumulate cheaper coins for long term runs then this is indeed the best time.We might not able to see 20k+ price as we are already heading on next years bull run
or halving event which you would really be leaving yourself again with the train. Always bare up on your mind that the best time to buy is on where people is really on extreme fear or being doubtful.
When bull kicks in then this is where fomo would happen once again and would be starting to regret that they should have bag more on the time that it was still cheap.
Dont let yourself to be those people who do miss out lots of opportunities to make profits when the time comes.

25k target should be not fixed like its an unmoving signpost for direction.   Remember we are talking dollars in the price, its crypto but also FIAT value is mixed into that price so its a jugglers dilemma nothing is fixed here its all actively changing everyday.   The Dollar has no fixed value, its greatly in demand perhaps but everyday for some time now its lost value and so prices cant be considered to be absolute not accurate especially over years and recently inflation has been double figures so up your expectation to volatility, to the flow rate of alterations of all kinds of price even in crypto.

You should first know whether you are a long-term investor or a short-term investor. So that's not what you're saying, imagine entering this industry without even knowing what you're investing in.
If you have done research on bitcoin first, for sure you will not feel impatience or impatience, for sure you have an idea that the value of Bitcoin is volatile and this is where you know that the answer to your complaints and grievances that you feel should be answered. too.

That's the difference between an investor with a clear strategy and plan versus an unprepared investor who just wants to get rich quickly. Honestly, 2022 and this year have been great, and I wish it had even lasted longer than people expected. An early rise in bitcoin prices won't do you any good if you don't have a lot of bitcoins, while if the bear season lasts, you'll have plenty of time to buy bitcoin at an affordable price.

If they get discouraged, that's our chance, when the market is scared that's when we're greedy. I would be happy if someone sold their bitcoin at a highly discounted price.

When someone moves into Bitcoin investment with the aim to make money quickly, it will end up disappointing the person because that person doesn't understand its mechanism surrounding it. That is what has happened to you. You started investing in bitcoin with Fomo without investing in what you can afford to lose. You thought that Bitcoin is a get-rich scheme, which is not supposed to be so.

You sound too desperate with your Bitcoin investments if am to say. Try and have a lesser expectation of its price, like if you didn't invest in it at a particular time, that will not be the end of its price increase and decrease.

before investing best to find your strategy , remember that never come to war without complete gear and Guns and Ammo because you will surely kill in action without any safeties.
this volatile market is a fool killer so never be a fool investors or traders.
we have seen so much drama from those newly enters here but knows nothing and the ending? they are losers.
I always have target , from my buying point and my selling point , this is how I managed to win over the years , and also I am not greedy as I only looking for small but at least safe position .

It sounds pretty harsh, but you are right because the market is the battlefield, and the weaker will be the loser. This is the rule of any financial playground, if you pity others, it means you choose the loss for yourself and give the victory to others. And that's also the way whales have used for years to profit from us, they make us frustrated and impatient, and make bad decisions that cost us, but very beneficial to them. I have no advice for OP because it's a fight, if he is not well prepared and greedy, he will pay the price.

No that's not a sign of a bull market, it's a sign that more corrections might happen, Bitcoin was trading above $30,000 just some weeks ago and now it's trading at $27,000. If we break the $25,000 support, the price of Bitcoin would fall and take us close to $20,000 or lower.

If you have be holding since the start of the bear market then you should continue holding as you wouldn't make any profit selling now instead you will make losses. Bitcoin will trade high in the future so we have to be  accumulating now that the price is low.

If you bought the last dip and you're planning on taking profits, you can do that when the price of bitcoin is at $27,000 and want to reenter the market when the price of Bitcoin is trading at $25,000.

You said it all, @call_me_guru. If you know you are going to hold your Bitcoin for a long time, then you can use dollar cost averaging (DCA), as you have always received suggestions about it from other members.

Although June first is right on the Conner, and Bitcoin is likely or maybe unlikely to pump, you can't predict the market, so perhaps if you see Bitcoin trading for $35k or $40k in the months of June, you can basically buy that day based on the decision you have taken, but you will blame yourself for not buying earlier when the price was still below $30k. Although it doesn't really matter since you will be holding for a long time, how long will you hold if you buy at a high rate? Remember that the next halving is in 2028 after the , so you will need to hold your Bitcoin until you have made the desired profit you expect to make.

I am not saying that to trigger the fear of missing out in you, but I am just making my own speculations as well. You can decide to buy gradually with DCA until you first buy at the price you see and based on what you want.

Long-term holding of Bitcoin or other cryptocurrencies is often considered a more conservative and potentially profitable approach, as it allows investors to benefit from potential long-term growth and the overall upward trajectory of the market. However, it's important to note that even long-term holding carries risks, as the cryptocurrency market can experience significant fluctuations.

If i am seen, Your determination to make money is evident, but you also recognize the need to balance between determination and desperation because Impatience is growing because the price has not yet reached your desired threshold of $25,000. You've turned on the July 1st time light, willing to buy Bitcoin at any price.

Yes. Holding Bitcoin for years is generally seen as a profitable long-term investment strategy. While short-term fluctuations can be discouraging, many believe the potential gains outweigh the risks.

Not all coins are worth holding for the long term. When we want to choose coins that we plan to hold for the long term, we should consider our choices carefully. That's why most people's choice of investment has always been Bitcoin because it has a higher possibility of not completely liquidating your assets. What I mean is that investing in and holding most altcoins that might look promising and worth holding to the eyes can actually turn out to be wasteful holdings at the end of the holding period, as a result of the coin losing value and sometimes getting delisted on exchanges where they are actually trading. So to me, aside from Bitcoin, we should think carefully about the kind of coins we want to add to our portfolio.

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

Mate, I can say that there are so many centralized crypto platforms, in the past, there were few DEX Altcoins. But, If you look carefully now, out of 100% of Altcoins Lounched every month, only 5 or even 1% may have a good intention to stay quiet for a long time, but the rest may just have some shady plans, and even if you take a look at all the current Altcoins projects that got listed this year, none are completely decentralized, and with that being said, I think they can do some little mess up and they will just disappear into the air and investors' funds are gone.

With those recent routines in the altcoins project, do you think there are even altcoins out there worthy of holding for the long term? You can really get any Therefore, anyone risking to invest in altcoins should always monitor the price prior to when it may get pumped in order not to miss out. So for Bitcoin which is completely decentralized, ofcuse people will want to invest into it.

I still actually don't get your point in full, if you are opposing or supporting the above statement, because you both seems to be on the same page.

Altcoins investment is actually not safe for long term, unless you choose coins like eth, BNB, TRX, Ada, LTC which we still can't possibly see their future as well anything can actually happen and we won't know what their future can turn out to be.

Bitcoin might be the pioneer but it's so certain that it will not be the last man standing when many alts would be less valuable in the future. And I love the alts you've called out, although many more than those would continue to exist as they have good prospects and mechanisms operating their network and they will always have their times of dump and pump, while the long-term keeping might emass wealth indeed.

In everything we do, a good plan on how to diversify our portfolio will always be a top agenda if we do not want to miss out. No one actually knows tomorrow, we are only speculating, so investing in Bitcoin and adding some alts to it might not be a bad idea.

True, one of the good options too if used. Today BTC still failed to move back above the Point of Control, indicating a lack of bullish momentum. sellers or individuals are still pessimistic in the market and the direction is towards a shift in market sentiment which leads to a bearish trend again and the strategic possibility is that it is better to wait at 24-25k to buy Bitcoin again.

As long as the implementation of DCA is safe enough for every buyer who still wants to continue buying in current market conditions, I think it's still a good thing to do because DCA occurs according to one's ability to buy. And I also agree more that this is done based on a strategic plan after having some more mature considerations and not because of an attitude of urgency which is completely unprofitable, moreover everyone needs to have more patience when expecting something in a market that is basically difficult to predict.

If you only want to buy at the price you say, I don't think it would be wrong if some people buy it at $26K because that price is not too high and also very close to $25K. But apart from all that, in terms of Bitcoin I'm still quite optimistic that Bitcoin will return to a price of $30K again this year even though from the current market conditions it is difficult to increase the price of Bitcoin, but price recovery is still very possible for Bitcoin in the next month if there is no selling panic that occurs at the end of this month.

Those who bought Bitcoin above $30k before the bear market that we were in in 2022 are probably still waiting for the price to go across that range but it is not yet time for that. The current price is pretty good for those who bought in the bear market when the price hit $16k, but most buyers from that range are surely looking for a better price.

Bitcoin did pretty well at the beginning of 2023, and then it suddenly stopped appreciating and became stable and declining, bears were probably not done yet and they wanted some more accumulation before the bull market.

Since holding a digital currency like bitcoin Which is volatile takes more caution involved while speculating on the price movement and other indications for this, one may not accurately predict the trend but can have an idea on where it's going to and he direction or pattern for it flow or move, almost everyone holding have a specific target tgat they will continue with their holding unless there's an indication for more bearish move whereby they will need to sell, which means once we are already on the dip, it's a good time to hodl because we will have same opportunity soon for the rise.

Not always our expectations can go as we wish because we talk about price fluctuations and there is always uncertainty regarding the correct prediction of bitcoin price movements, but if you refer to the title of the post in OP "Know your time to HOLD" it will refer to how confident you are to hold bitcoin and should not have to worry about price expectations that do not match predictions. Talking about your trust is the one that will make decisions and bitcoin will never make us lose when the investment is carried out according to the right pattern.

DCA is one of the approaches that people can take to collect bitcoins, although sometimes it is not always at the purchase price we predict. But the essence of investing in fluctuating assets is not at what price you buy, but at what price you sell to make a profit. Take a number of patterns that we can follow and don't get your hopes up on predictive expectations, because bitcoin can be bought in conditions beyond predictions and we are HolDing enough to get the desired profit.

if for long term investment there is no need to use such complicated theory, waiting for the price to drop to $25k is also risky because maybe the price will not drop to $25k and can make you lose the best momentum to buy. bitcoin has bottomed out around $17k and now the market is starting to recover and besides that we are also getting closer to the halving, I think after this we will see the price move slowly up.

Actually buying can be considered everytime because each day can be considered as good time to buy , but the problem is when we will be the selling.
and that is when the important matter comes , we can wait or not and that is your problem.

Yes, that's right, I think the most important thing as a bitcoin investor is to know when to hold, many people are too optimistic so they continue to hold even though they have a profit of 100% or more, I think the best thing when the price is skyrocketing is to sell because the price will go down and we have the opportunity to buy at a price cheap ones.

I think picking the target is the hardest thing for most people. They all know how much richer they want to get, but they are not aware how big they could get and how much they could make, that would be the loveliest thing if we could make some profit based on knowing the direction and the prices but we do not know what. So when it goes up, we do not know how long we will hold and maybe it will stop going higher, so we may hold for too long.

Same for going down as well, maybe it will start recovering and will go higher, or maybe it will go down even more so we do not know what's going to happen. It's a funny thing that we end up with something that shouldn't be considered like this, just realize that it is going to end up with a much better result if we are more careful and ready for all directions.

Buying it is right when the price is down or when the market is bearish where the price is uncertain, I know buying at any time is good unless you plan to invest in the long term, for example 5 years and above, but many people always do research in buying bitcoin they are then the current that occurs when the price goes down.

Are you still wondering when to sell bitcoins? If you buy at $27K then the bitcoin price goes up to $50K isn't that an advantage? In bitcoin you just need to be patient to wait for the price to rise again even for the long term is the best advice where we have to stick to it, next year will be very much looked forward to because it is predicted that the price will return to ATH again.

Everyone has the same determination to succeed in their endeavors, especially trading on the money market. There are also losses, of course, but not all. the dominant ones who have that feeling are those who invest in a pattern while getting in with a few BTC and exiting quickly. sometimes it works sometimes the estimated value can go down. For BTC, I don't have the slightest doubt that the investment return pattern must adopt a typical investor. new long term sweet fruit and will not disappear and time to HOLD.

That's why people like you do need a solid "goal" when investing. If you have a goal, you wouldn't be needing to wait or hold your coins forever. If you think you reached your profit goal, then go ahead, take your profit and enjoy. After have taken your profit, if you think you are ready to reinvest, then go ahead and reinvest your money and make a new profit goal. Keep holding until you reach that goal. Remember, you are investing money that you don't need and can afford to lose. But as long as you keep holding and not sell anything, you aren't making any losses. Once you reach your goal again, reinvest or leave.

Picking the target is easy if you know how to do TA, because it will tell you how much it should go up and how much it could go down, all of that is written there already, just check the charts. Doesn't mean that it will always be right, and depending on which indicator you use, it could end up being different here and there as well. So that is why it is a tough subject and definitely something to worry about as well.

Not many people could do well in this matter, some people are better than others trying to figure out what the peak of increases will be. But one thing is for certain, if the price goes up crazy, like when it went form under 10k to over 65k, that's a place nobody could predict and you just have to trust your instincts at that point.

Your sense of urgency will only make sense if you see the price of bitcoin having a sharp decline and without any doubt you'll stack more fractions of bitcoin in your wallet. This is where the opportunity lies aside from DCAing, for you to maximize your future profit.  Sometimes, a person would never understand how important DCA method is because it needs thorough market monitoring in order to make a purchase during a decline, whereas buying at the bottom might sound easier, but it's actually impossible to find the bottom because nobody knows it.
IMO, there is really no risks in Bitcoin no matter in what price you have entered the market as long as you keep holding onto it and resist from selling to cover losses, then you are perfectly fine. bitcoin is bound to reach the 6 digit figure.

This is on where you could really differentiate in between people who does have that actual experience and awareness on how this market moves or behaves compared into those person or people who does have

zero knowledge about it. Of course it would really be just that normal that there would really be that ups and down of this market on which it would really be just that way not too easy to deal with specially
when you are still that a noob but on the time on having that continuous dealing and engagement then you would really be making yourself gradually learn along the way. You would be able to realize
on whats the best time to buy and whats the best time to sell if you are really that going for short term but if you are really that going for long term then this wont really be
that an issue.

Holding or selling, these are both things on which you would really be thinking or minding on.Outcome and results would really differ into each other basing up on what situation
you had that been thinking on or on what you had taken.

Bitcoin is supposed to be the easiest coin here in crypto. I can't imagine if there are still people who can make mistakes with it. Maybe they are only just a newbie on here who still lacks in knowledge but if these newbies only complete their lessons before they invest, they will be aware that the drop in the price is only normal. They can panic but not in a way that they will sell their coins.

Instead, what they will do is they will buy more coins. Many people can rush in investing but when it comes to the hodling part, they can get bore easily. If this is the attitude they are showing, well they can't deserve to be rewarded by a huge income with bitcoin.

Ignore precoiners, ignore nocoiners.
HODL like a pro, HODL to the moon!  8)
https://i.redd.it/f954g64a8yu61.jpg

Having that mindset will not take you far in this market. Instead of being impatient and becoming so desperate, try not to focus on the negativity of the present event but always look forward on what bitcoin has to offer in the future. If you know in the first place that bitcoin is more on long-term investment, then you should learn to adjust and still see great opportunities whenever the price experience correction or when the market is being crashed. Know that bitcoin will never settle for less, but it always surge high and achieve new ATH in the right time.

Why wait at all when BTC has a massively divisible micro value that anyone can buy in the smallest amounts you possibly like to buy.   Just spread it out over multiple days, weeks, months.  If you want to have a plan based around July that could be reasonable but I would advise against the all or nothing route.   All the predictions and expectations are just guesses and at the very best probability based scenarios, it might happen it might not.  Everything expected is subject to revision by natural disruptions, if not that then political maybe even military campaigns who knows what stupid people will do next but BTC is still going to carry on anyway.

On one option you have taken quite impressive actions in selling and buying and you are quite impatient if I have to say it. But I'm not against you because I believe you are someone who can give birth to the many benefits that you get in trading. So the main option maybe what I have to tell you is that we're at the low end and that's why you have to sell early isn't holding longer going to give you a sizable ROI.
yes, I see the market situation this month where BTC has not yet touched $25k and is only approaching it because the BTC price is relatively stable at $26k and is rising again.

I agree with this comment. He acted too hastily and gave the impression that he was making the wrong decisions. When you invest, you may not find a return immediately. Haste will cause you to make mistakes. Keep calm and plan. Then buy or buy bitcoin at any level you want. However, do not act hastily and unplanned. Most unplanned people behave this way.

What is "btfd"? I am not sure what that is but it looks like something I do not know and considering I have bene around for 10 years, I am shocked that there are still things that I do not know, this tells you no matter how much you study something, there are always things you do not know, it just works that way, you always keep learning.

I agree with the thought though, I ended up buying at 16k and 60k all the same, doesn't really matter to me, I buy all the time, don't care what the price is. Because, I believe that it will keep going higher and higher in the future, it doesn't matter, whenever I have some savings, I end up using that to buy bitcoin, no matter what the price is, I bought at any price you can think of, because I believe it will go up.

Well you are making profits because you waited for price of $25k. And now price is more then $27,000. I do think now is a good time to HODL your Bitcoin.
Bitcoin trader Plan B says we are getting closer to crucial resistance point. And when we do pass it we will enter a 'bull market'.
Nikolaos Panigirtzoglou from JP Morgan says price of Bitcoin could move to $45,000 in coming months. https://www.cryptoglobe.com/latest/2023/05/jpmorgan-strategists-predict-bitcoin-price-could-reach-45000-amid-rising-gold-prices/

because it is currently a bearish season, I know that traders' behavior can also be wrong,
because the emotions that get carried away when they see the price of the altcoin they are holding dump make panic to sell.
however, this action should also be avoided because the right time to hold is when it is bearish, and sell when it is bullish later.

This statement hold a lot of confidence and a pointer to the level of hope and trust those bitcoin whales have, holding is key and we should all embrace that to better our stake, there is no doubt that we are going to see some bull market immediately after the strong resistance level at between 27k-30k which are price range that has held bitcoin down for a while now.


But I am sure that Bitcoin will have a pre-halving bull market turn since we have remained at a spot for quite a while now, btw we must also know how to properly DCA while we hold a substantial sum up in Bitcoin for the long term.

Holding is an easy thing that anyone can do, we already know the bitcoin track that prices will continue to rise so if we hold for the long term then we can get profits, fantastic price increases often occur every 4 years so if we hold for at least 4 years then we opportunity to profit 100% or even more.

I think it's not really a bear season right now, look at the price, it's quite good and I believe that we may not be in the bull run just yet but we are out of the bear stages if you ask me, look how much we have increased from the bottom, we are nearly 15k above the last one, about 11-12k if I am not wrong.

This is why I believe that we are doing fine and we shouldn't really consider this as an option. I know that people are reacting as if there is a big trouble going on but that's just the case and we should be considering it as a normal situation. Too many people end up considering this situation as bear, and that is why we are failing to go up even further, if people realized we were doing fine then we wouldn't be in this situation to begin with.

It is true that for those with experience, they can tell where the price of bitcoin is based on the trend that the market is taking. But that's only to a certain extent; it's not exactly a number. So it doesn't matter if you buy small amounts or even if the price of bitcoins seems high; it doesn't matter if you break them up into small pieces. This strategy can help you minimize the impact of short-term price movements and potentially reduce the risk associated with timing the market. However, you still have to take a long-term view and spread out your purchases at the right times to manage risk and increase your chances of earning potential profits.

you are not what you called as is , instead you are in bad term is greed people because all you wanted to expect
is greening but not ready when it red in which this is not what true investors attitude is.
if you cannot manage to keep the HODLing then better leave crypto investment because this is not just
for bitcoin but also for altcoins so know your position or else never gain anything here .

The mistake many novice bitcoin investors make is lack of patience. It is important to understand that this investment is not for a few weeks or a month, you need to learn how to wait. Of course, there is a second moment, the market can go up sharply and the price can be quite satisfactory and the investor will sell his bitcoins

It's easy as some people say, but not everyone can do it easily if they don't have the savings or spare money to buy Bitcoin and hold it for up to four years. This means that when everyone knows how the Bitcoin path moves, of course everyone will also immediately prepare money to buy Bitcoin. But what you also need to understand is that the path of Bitcoin's increase will always be different every year so that it is still difficult for anyone to know when Bitcoin's price will fall and when it will increase rapidly, even though in a four-year cycle the increase can be extraordinary.

It would give us a great advantage if we actually know when is the best entry and best exit in the market.  That way, we can maximize the growth of our investment especially if our goal is for long term. And with the right attitude and patience over our bitcoin investment, it’s a guarantee that we will actually reap a very good outcome after our hard work and sleepless nights. Know that long term hodling is the key to a profitable investment, especially with a very volatile investment like bitcoin.

Many people think that by holding for a long time you will be able to get big profits, of course this strategy is good but suitable for those who have large capital and finances, for those of us who still need a lot of money then we can do daily or weekly trading because the profit potential can reach 10% or more, so when we have a profit of 10% then we should immediately sell.

The concept is we have to think that bitcoin is a potential asset to hold in the long term, so that our investment goals are more focused and not thinking about how the market will react. Bitcoin will always have its moments ups and downs over a period of time, so it doesn't really matter how the market reacts once we have established an investment pattern. The problem lies in how knowledgeable we are in investing and most beginners get stuck in market conditions, so they don't try to learn the long term to invest in bitcoin.

Unlike the case with large investors who have fixed sources of finance, they can accumulate trades even if they do not set long-term investments. What's more they are in strong condition to cover periods of downturn to buy much larger quantities of bitcoins, so as long as the price increases are not too big they can sell and re-enter the market on a regular basis.

Beginners seem to understand how the market works and how bitcoin can give them returns. But many newbies are too afraid to leave the market especially after they have invested, I mean they always monitor the price movement which at a certain moment has changed their investment plan especially when the price actually drops lower. I can say that as one of my personal experiences at beginner, but as I've been here longer and seen how bitcoin works over the long term, my investment plan hasn't changed much. So I think they need time, they need something convincing that in the long term bitcoin can give them returns, that's the experience.

On the time that you would really be deciding on investing on Bitcoin or other crypto then you should really make yourself get prepared about volatility.This is on where you would really be deciding whether you would really be actively making up some shorter trades or would really be deciding for you to hold on for long term. Its true that you would really needing to have that kind of good entry if you are really that tending to make some short term trades but if you are really that holding for long term then this wont really be a bothersome thing for you which you would just simply be buying
without minding about the price entry because you are really going for long term holds. This is actually falling into that kind of preference for people who do have decide to hold or trade
it on short time. We know that each of us does have their own views and inputs towards their investment. Just let them be on what they would really be doing in regarding on this one.

Perhaps, it was very common to those who certainly don't have an idea about investing as they never know what they are doing. Because investing should be played so well in order to succeed -there is a plan, as a key role to win the market and earn a profit but somehow, this has been usually missing to many investors. They are not guided which is why they'll never do what they gonna do next aside from selling but to know when that is totally had missed out.

I don't think Bitcoin will drop from $20k anymore because for the past few months the price of Bitcoin has been above $20k and even reached $30k,
and yes now it has corrected to $27k and is still within reasonable limits, I hope we don't miss the opportunity to buy Bitcoin at a price below $30k,
because the whales also want to accumulate as many Bitcoins as possible.

Nothing is certain with this market, even though bitcoin hasn't broken $20k over the past several months, that doesn't mean the rest of the year won't happen. We're still pretty far from halving, the world economy hasn't improved yet...things are still terrible, so anything can happen. One more thing, if you believe in history, a drop below $20k is still possible, don't be subjective that $20k will be unbreakable. I will always be cautious until the halving happens, I will never believe in any bitcoin predictions in a turbulent economy, as the unexpected will most likely continue to happen.

In other words experience will slowly bring them to a much better level of knowledge, take one of the examples of what you said that at first almost everyone who didn't understand bitcoin experienced panic and found it difficult to control themselves when market conditions experienced a sharp decline. Even though the concept is that if the long term is used as a benchmark for investment, then market conditions however will not affect it because we will only wait for a big increase to sell the bitcoins that we have.

Hands-on involvement can lead them to the knowledge stage, although the investment approach can be taken in a different way, such as trying slightly smaller numbers for a test of mental readiness when the market is experiencing a sharp downturn. At this stage, experience will lead them to the conclusion in living the actual investment.

What can be more convincing for them than the price history of Bitcoin? Shouldn't that be enough to convince someone that Bitcoin outperforms its own previous cycles in its next cycle, it has been proved multiple times in the past, so I don't think that people who don't believe in Bitcoin would get convinced only by words if they are not getting convinced by seeing this.

Facts and figures speak louder than words, and if you are a newbie and have doubts, all you need to do is do some research to find out for yourself what is the history of Bitcoin, where it started, how many problems it had to face, and how it reached where it is today by proving everyone wrong.

theoretically it should be done, if you have big funds and just buy and hold as long as possible certainly there will be no problem. but we also know that many do not have large capital and do daily/weekly trading as you say, it is indeed very promising. but it must be remembered that in a situation like this, if you analyze wrongly, you will not get a profit, instead the funds will be drained.
there are always good and bad sides when you want to trade, but if you have studied well of course it is a positive thing. but don't rule out the possibility by trying to keep trading with small funds first, so you can analyze movements properly.

There is nothing impossible when it comes to Bitcoin price prediction; we base our predictions on assumptions and repeated events that we believe are likely to happen again. We should always prepare ourselves for the worst price change; at least that's what I do. Bitcoin for the last few weeks has shown great resistance from falling below $25k, which is greater and shows that it's a fighter. But that doesn't prove any fact that the Bitcoin price can't go below $20k ever again; anything can happen at any time, and we will see a massive market drop. We can even see Bitcoin at $17k. It can happen; it has also happened before. The only thing I always believe is that no matter how much the price of Bitcoin seems to drop, it can never go down to $1 again; it's valued above that, and that's final.

You will never loss if you don't sell at loss, everytime there is a topic like this here in the forum i will always said that patience is very important in crypto and we always have a bear and bull market there is no stable status we will see different price and different scenarios together with the good and bad updates,sometimes our loss is from the lack of patience so have patience mate and continue buying we are in bear so it is an opportunity.

Speaking about getting hooked up then this would be usually be talking about price or its increasing value overtime on which this would be the main reason on why people would really be tending to dive or engage into because they've seen that earning opportunity which is something that do mainly we do focus on. Of course there would really be some initial doubts whether we've been able to see it online or have been introduced by other people on which it wouldnt really be that shocking that people would be that skeptical but on the time that they had learnt up enough then  for sure they would really be having those later reconsiderations.
On the time that you would be seeing that buying opportunity on which it would really be just that common sense that you would really be that doing this at the bottom. DCA is the key to accumulate more specially with
Bitcoin but it would be depending if it would really be permitted out by your budget or investment allocation which we know that it would really vary into each person.

You have seen evidence of it in the last 2 days where bitcoin fell 6% and then recovered within a day after. Not selling at a loss means they only hold, it's not called a loss as long as they still hold bitcoin. Financially they have lost the value of those bitcoins as their conversion to fiat has fallen, but if they are patient and don't panic then the price recovery will allow them to get a better conversion rate.

It didn't take long, today the bitcoin price has returned above $27k which may test resistance above it in a few moments. If this $27k can be held, then the $28k resistance will be broken soon.

The time to sell or place a stop loss is also very important when we do Hodl, don't just hodl all the time and let the losses deepen,
if it's time to get out of the Hodl and it's a loss then do it!, because otherwise you will lose all your capital.
patience does not always produce and can even destroy us, because patience must also be limited in us when investing.

Not at all. Your recognition of the cyclical nature of Bitcoin as an asset and your belief in the long-term potential of BTC align with an investment strategy widely known as "HODLing" in the cryptocurrency community. I think this approach emphasizes the benefits of holding Bitcoin for a long time, allowing investors to take advantage of its growth over time. By adopting this strategy, you are demonstrating a careful understanding of market dynamics and a commitment to maximizing your profit potential in the long term.

Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.

speaking are boost up to this would be usually be talking about price or its increasing value overtime on which this would be the main reason on why people would really be tending to dive or engage into because they've seen that earning opportunity which is something that do mainly we do focus on. Of course there would really be some initial doubts whether we've been able to see it online or have been introduced by other people on which it wouldnt really be that shocking that people would be that skeptical but on the time that they had learnt up enough and this are sure surrender them

I don't think though that you think of bitcoin as a pump and dump coin. Maybe there is some manipulation behind, but we don't have the facts because it is being traded 24x7.

Nevertheless, I do agree that it's our personal choice, what I mean we can buy how much we want, and when is the right time for us to buy. It's hard to predict, but if we are looking for long term, then bull run is just about in the corner as the bitcoin halving is less than a year from now. So just continue to buy and HODL and then wait for the perfect to unload your bitcoin and make a huge profits.

Because no one can predict the price movement of Bitcoin with certainty, that's why everyone needs special monitoring into the market. Whether it's when you want to make a purchase or when you want to sell it so you don't experience a loss because every decision must be considered as wisely as possible so that there is an even greater boost of trust in Bitcoin. The reason for the fact that some people become bored in investing or trading is because they don't get profits and often experience losses on what they have bought before.

That's the right reason why we have to buy bitcoin then HODL because bitcoin will at least reach the ATH peak again in the future, for me it's too difficult to predict the price deeply because we will never know when the lowest will be even though it is now in the $26K range maybe it will drop to $20K?
It's still very difficult for us to know, so if it becomes a long term HODL goal then buy continuously when you are ready with the calculated money because we will regret it if the market moves upwards.
It will never fail someone HODL bitcoin for a long time he will definitely set the highest point to get profit.

We really can't do a hold carelessly, without paying attention to the market situation, and without paying attention to the chart,
of course Hold will be dangerous, if you don't pay attention to these points you will become a victim like investors or holders from FTT, LUNA or CEL,
this is why it's important Technical analysis.

It is for sure we are not talking about investing and holding shitcoins but we are talking about holding potential coins like BTC. Even if you are not checking on the chart, no TAs, etc, it is definitely you can never feel worries holding them because we believe that Bitcoin will rise, unlike these shitcoins. And we can't compare FTX and LUNA to Bitcoin as they are absolutely nothing to compare with in terms of usability and the community that supports Bitcoin. Because if you think holding is dangerous, then you also say that investing is nothing as it was meant for holding long-term or short-term.

if holding Bitcoin I have no doubts and even I'm sure many people will also have no doubts about Bitcoin which has the strength of the community that supports Bitcoin and also the past history of Bitcoin prices which have always been able to recover and even reach the highest price even though it's a little long but that's for sure and there is no qualm about holding Bitcoin for a long period of time.
unlike Altcoins, we must be observant in seeing all possibilities.

Hold is a simple strategy that is proven to be effective, unfortunately many people panic and sell with loss conditions, if you are patient then profit is definitely obtained, or another easy step is to sell by adding the profit we want in the Exchanges Spot and do not cancel until it is fulfilled.

Investing in Bitcoin HODLing offers significant profit potential and this has been proven Bitcoin HODLing, holding onto Bitcoin for a long time, has proven to generate significant returns over the years you show determination and faith, while remaining alert to the risky cryptocurrency market fluctuations. In the long term, Bitcoin HODLing can be a profitable investment strategy.

Bitcoin will rise before and months after halving, and so will altcoins, only that one should be extremely careful in the choice of their altcoins. Some altcoins will surely move better than Bitcoin due to their yet lower market capitalization and pricing, only that the assurance and safety of Bitcoin investment are surer. I advise anyone to do what seems best for them, this time might be the rightest time to start buying some altcoins, but they must be the top-rated and old ones, they are better reliable, and consider them as viable alternatives to diversify your investment.

Specifically, Bitcoin should be watched carefully with the economic data and technical chart, buying it at about $20,000 should be the perfect investment opportunity before halving.

indeed experience will make someone wiser in their steps, because there is no denying that. it must be remembered that every action will always have an impact that can be profitable and unprofitable, in crypto it is clear that holding is one of the options that is very reliable to be able to achieve profits in time, because the opportunity to increase does not come continuously but it takes time which is sometimes quite long.

Bitcoins are worth buying whenever the urge strikes.
Bitcoins are worth holding all the time.
So, there is no conclusion to be sure when is the most appropriate time to do something with bitcoin even for a speculator. The law of economics will always benefit finite stuff.

You seem impatient and this leads you to error. If you have dreams of getting rich right away, give up while the road is near. Bitcoin is not a tool for that.

One of the most important points is that the amount you invest should not be your entire capital. Such an investment stresses you out every day and you fear losing your money. Investing also means taking risks. Therefore, if the amount of money you deposit is high, pull some of it to the side.

Yes, it is the best decision to buy whatever bitcoins one wants because it is limited to less than the human population in the whole world.
I believe holding Bitcoin 10/20 years into the future will change our lives.
We never really know the lowest point, but Bitcoin is always bearish and bullish, so all you have to do is decide where you think to buy, and do speculation, it's not a problem, but if they don't buy it then they still have anxiety.

In my opinion, holding is a simple strategy that is effective and easy, we don't have anything to do other than just waiting, if we do other activities such as work or doing business, of course holding in a few years won't be a problem and profitable.

I can't totally agree with you. Holding is not a simple strategy. If you invest in any coin you have to watch the coin and then invest.  If you make the wrong decision and invest and wait, you won't make a profit.  So I think think before you invest. Choose the right currency and you will be successful.  And if you make a mistake, you will lose money.

Hold is holding an asset not to sell it at a loss or is more similar to keeping it in a safer wallet. This means that it can only be done by those who have patience and also those who are not panicked over whatever conditions are going on, so those who are still panicked to hold and choose to sell at a loss are those who are not at all suitable to hold or will not can hold on their own assets. In addition, if someone sells to increase profits on the spot exchange, it is usually referred to as a part-time trader who will only release his assets at a certain price in the market.

Holding is usually only done by those who know the potential of their assets or who really believe in the assets they have bought or previously owned. So they will continue to be patient waiting for a better price by not feeling bored or bored even though there is a lot of time they have to or will spend for this. Because besides that it can be a very reliable option, it can also be a very good option for avoiding losses whose main goal is to make a profit at the price they set themselves.

it depends on what investment and also I think holding is not an easy thing to do especially for people who are urgent for money and also have excessive fear, maybe if you say it will be easy, just wait but it's not easy to do.
it is true that every investment must be studied first, therefore it is very important to choose the type of investment and also learn many things about it, in the crypto market not all coins have a bright future.
I only agree if holding a top coin like BTC for a long time, because the possibility of future profits is quite large after seeing what happened in the past I think no one doubts it anymore.

Holding is a good thing because if we sell now of course we have to make a loss, there are many things we can do while waiting for the market to rise again and in my opinion buying more is a better thing and we can sell during the halving so that we get big profits.

There are really moments on which it would really be causing for you to sell early which is on the following;

1. Emotionally impulsive
2. Emergency or need of funds
3. Getting affected on what other people been saying
4. Scared for your investment to go 0.
5. Planning on cutting losses and saving up at least some part

You would really be most likely be ending up on taking up such step on which you would really be cutting or selling on loss without even trying to mind or think
about market recovery or totally realized losses compared if you do just holding up your position and let those negatives be taken back.
If you do really have that trust towards on the project or coin you've been holding then you wouldnt really be making such easy decisions along the way.
We arent that blind on not to see on whats the movement of this market which is really that very speculative and unpredictable.

There is nothing better than Hold, all the analyzes that I have tried are not proven to make profit when I am Daily Trading, and in my opinion as long as we don't need money, the hold is the best option than continuing to check prices.

The main key that can make us able to get profits in bitcoin is to know when is the best time to hold, unfortunately many people don't care about this strategy, if they focus on the long term of course it doesn't matter, but if we are daily trading then the best time to hold is which is crucial for profit.

The best strategy for investors is to know when to hold, like we know that the price of bitcoin is very volatile so it's hard to predict, if we know the best time to hold or release then we can become millionaires from bitcoin, unfortunately I have tried a lot of chart analysis but all of them not guaranteed to be accurate.

Sure, there have been ups and downs along the way, but the overall trend is impressive. The important thing is not to be mainstream and Bitcoin HODLing is highly recommended when the market has small or large waves and this is clearly a smart move like a special customer who has a special card without queuing at the bank if you want to withdraw funds on time. Yes, it will be meaningful if you are patient and have an investor mentality,

Indeed understanding the cryptocurrency market which is very volatile and can experience rapid and significant price changes is important. So you should stay abreast of the latest news and developments in the crypto market, as well as conducting careful research before making an investment decision, will help you make a more measured decision. Also, remember to invest according to your own financial situation and the risk you can bear.

You give good advice, but I wonder if you use it when investing. Many people say you should buy cheap and sell expensive. It seems elementary advice, but in my own experience it can be difficult. Probably cryptocurrencies, mainly altcoins, can be classified as gambling, where most people lose money, although the strategies to profit are not complicated. But for some reason, few people can make money.

Technical analysis is not 100% correct what we have to do to know when the hold time is when the Bitcoin price is still above the support price,
for example you buy it at $ 30k and bitcoin drops to $ 25k and you analyze TA that Bitcoin support price is at $ 20k then you can hold before the bitcoin price drops below $ 20,
if the support breaks then you have to sell it.

actually by continuing to hone yourself in trading, you should be able to get the time when you have to make an execution, but once again it's not a guarantee that you will always succeed, but at least you have an idea when to be able to make that execution. there is nothing wrong with using the help of software/technical analysts which are widely available, but decisions will always be made based on the results of their own actions, so they can learn where the weaknesses are.
continuing to hone is an action that can build self-confidence and be able to take action.

Maybe it's not necessary to always monitor, maybe 2 or three times a day you will see what is happening to the market value of Bitcoin in the market. Even more so now that Bitcoin's value is not moving aggressively on exchanges.

However, if you are a long-term holder, these kinds of events are okay, they are not that affected, the ones who are having a bit of difficulty right now are probably the scalpers.

If for long-term holding it is not necessary to always monitor market price movements but not for day traders, now in my opinion Bitcoin price movements are quite surprising like what happened last week when significant increases occurred in only a short period of time.
But even so, we must also have a target before making an investment to determine profits or cut losses so that we know to what extent we will hold and also let go.

In the case of bitcoin we can buy it at anytime but not at the price of 80k$ and 90k$ because we are not just holding it but we have to take benefit and profit from it so if we buy at such a high price then how we will take benefit from it.

If we buy at high price and suddenly price reduces then it will takes more time to again reach to such a high price so therefore try to choose every coin if the market is lower in rate and we can afford its price to buy our desired coin.

I think up to 30k$ is the better price to buy and hold some bitcoin because surely it will increase in price more than this and you will have definitely higher return during Bull run.

As long as the bitcoin price is still low enough as it is today, then maybe you should be pretty sure that this is the right time to accumulate. I'm not sure how much budget you have to invest into bitcoin, but Saylor has been bold enough to invest billions of dollars in bitcoin with a buy on dip and hold strategy.

Of course I'm not recommending that anyone should be like Michael J. Saylor in his investment strategy, but at least they should be optimistic that bitcoin has the capability and possibility to be worth more over time. Of course there are risks, meaning you still need to consider not investing 100% of your money in bitcoin.

In 2016: $400~$700 price range, was $10k worth buying? The answer was no, it seems impossible to get that high.
ATH 2017: $20k

In 2019: $3k~$11k price range, was $30k worth buying? The answer was also no.
ATH 2021: $67k

In 2023 (current): $17k~$31k price range, is $90k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

In 2026: $xxk~$xxk price range, is $200k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

etc...
Hope someone will find this post in 2033 and tag me with the last ATH price then.. ;)

Yes. At least it is. But, Sometimes we have to take a breather and stop worrying about the price when we have big intentions to enter the market and I don't argue that one of the strategies is we should have some cold cash even if Bitcoin looks expensive right now, Well, if we think about it, it will be a bargain in the long run. BTC is still playing the long game, and that's what matters most.

So, if you have a plan and believe in the future of Bitcoin, go ahead and do it and don't forget to keep an eye on market trends and make informed decisions. I think it's easy if you have the intention.

Well, that is your assumption and besides we are all entitled to give our own opinions here. For me, the method of buy low and sell high is not another elementary advice, it is one of the basic things that a trader does here, and this also was an effective way if the coins you buy are really potentials .

That means it's not wrong, Because buy low and sell high is one of the good thing to do actually. Now, it's up to everyone's choice if they try to do this method, it's just that simple and easy to understand.

What I can conclude from your post is that Bitcoin is the nature of an asset that takes time to buy and sell and that waiting for the desired price is important. Even if you feel disappointed in yourself because the price did not reach the expected level, however, your determination to make money with Bitcoin remains strong. Bitcoin HODLing is a sound strategy because it has the potential to provide positive results in the long term, despite price fluctuations in the short term.

Another conclusion that can be said for this is about sufficient patience when someone is still trying to make a holding for a long time. Because if someone only thinks about the price in the short term while holding Bitcoin, it is more a trading effort that usually only looks at profits for a certain amount. Meanwhile, Holding's mission is actually for greater profits with the achievement of a time that may not be short so that someone will not always check prices in the market and feel worried about price declines in the short term.

Having profits in Bitcoin have to do with long-term activeness in the Bitcoin journey,  how the ops make proper use of the speculative tendency of Bitcoin and also having the right mindset not to take some action in a hurry just as you said.  Bitcoin is not like altcoins that have short-term speculations because Bitcoin in itself is an asset that requires time to react to the various market forces.


So it is best to have a long-term perspective towards bitcoin to have a proper understanding of the various stages of bitcoin development such as the bitcoin market reaction at each halving stage.

I dont disagree but there is multiple time frames to consider.  Some people have a hold allocation percentage, the ideal being to avoid holding 100% into a known or signaled decline.  I do agree overall its proven unwise to not hold even in the greatest of negative sentiment conditions.

The majority of people who invest in Bitcoin do not expect profits in the short term anyway. They know that it is not a crypto like other altcoins. The biggest reason to invest in Bitcoin is the belief that it is safe and will reach its destination sooner or later. This is why Bitcoin differs from other coins.

There's no need to rush. Everyone should invest as much as their own financial power and should not force themselves. It's a process and it's still going on right now. This process will always continue. That's why it's never too late. This is one of the beauties of krypton.

I disagree!

We know that there are two types of investor or traders that we do have in the market on which it would neither be a short term or long term trader/investor on which from the word itself then you

could be able to point out that there are ones who do much prefer on having that short time or period on seeing their profits on their investment on which it would really be needing up that
kind of aggressive approach towards  their investment or dealing with it actively for them to be able to see profits in short time but there are ones who arent really that
confident on the risk that it gives and this is why they would really be deciding that they would really be holding for long term instead on making short term decisions which it
isnt really that wrong either.

The two types of investors you mentioned will indeed have differences because the timeframe they use is not the same.
More on the short term or long term.

This is also influenced by each person's psychology and how much experience they have in trading.

People who only want short-term profits always want to trade quickly and it is quite risky if they do not have qualified trading knowledge.
Fast trading or scalping requires good analysis and correct financial management for each order placed.

Likewise, the long-term trading type does not really think about how the strategy for their profits.
They only have one strategy which is the main price target for the long term.

Every trader should have or use both methods, short-term or long-term because both can provide profits.

Agree with you, if the target is to buy bitcoin long term you shouldn't have to worry about the market price going up or down. Stay focused on the strategy by doing the DCA technique, you have to believe that 2024 is the year of accumulation, don't care about the price, how much funds you have, just keep doing DCA.

Because indeed the best way to invest in bitcoin now is DCA throughout 2023 and will reap the results in the fourth halving period in 2024, I myself do plan to HODL BTC until the 2024 halving period.

Holding for years, and know when to release the coins to the market are very important to Bitcoin investors because it will make you comfortable with the current price and you will not be panic like the way other Short term holding are panicking when they saw the market price reducing. Now that the price of Bitcoin is still between $30,000 and $31,000 in this month of July show that is not good to sell in this bearish season than to continue holding till bullish season take over the market soon before you can supply to make a good profits at the moment. I don't think, Bitcoin will pump to $69,000 before the end of this year 2023 because that is the mind of many holders before they can start releasing their bitcoins for sale which will be difficult to happen in this season.

Knowing the right time to buy and hold is the best and most difficult strategy we can do, most people will buy when the price starts to rise like today, because they can't wait to hold it so when the price drops they panic and sell at a loss.

The percentage from 2019 to 2021 is 70.14% up, now if we estimate, for example, let's say the current value of BTC is $30K with your target, is it possible for BTC to repeat its history like the 2019-2021 period by 70.14% for the 2026 period or take the time which is close to 2024. If yes. according to the post title OP time to HOLD and if not just our imagination.

The beginning of 2023 was a reflection of the growth of the Bitcoin market. The bitcoin market has slowly moved forward since its inception, you will notice that the market was dumping a lot in the beginning but now it is pumping a lot. The Bitcoin market is in a good position in July and the bull market is not far away. Since Bitcoin price was above $25k last month but it has rebounded to cross $30k. Very soon we will see the market rebound again so I think now is the right time to invest. Investing now is definitely profitable so it is better to join the investment as early as possible.

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit.

That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit.

You bought at a very good price. This shows that you know the market. Waiting for the right time and buying from that point is an important issue. Patience is required to achieve this. Those who think about doing HODL usually do no harm. Bitcoin has never failed us in this regard.

Of course, there are instantaneous decreases, but when we look at our knowledge here and the previous movements of the market, we know that Bitcoin will rise again. This information did not occur immediately. It was the result of our time in the market. Of course, there are many things to be aware of in the market.

The most important thing is to act in a planned way as you said. The plan will bring us success.

That's great when we choose long-term investing, but everyone has a different plan, and in my opinion the time to buy, hold or sell is a very important thing to learn because time will affect many things for us to be able to take profits or vice versa.
Being able to read charts is a difficult thing, but I'm just being realistic, before making an investment, I think there must be a profit target, so when the target is reached, we must let it go without being greedy, and when the target has not been reached, whatever happens, we must be able to withstand it.

Now that the price of Bitcoin reached $30,000 in this month of July, I think it will make you feel good to achieve something reasonable from your holding. But the way the market price is pumping in this month of July, show that $40,000 is possible before the end of this month. Understand time to hold and time to release Bitcoin is very important to Bitcoin holders, because once you know that the price has increased higher more than the amount you purchased your Bitcoin, showed that time to sell is around the corner. But many people doubt the time to sell their Bitcoin sometimes which is not good as a Bitcoin holders, and it will make you not to be comfortable with your satisfaction at the moment.

In my opinion, if we know when is the best time to hold or sell, then we can easily get big profits, like we know that the potential for a very large bitcoin price makes us new millionaires, but on the other hand, of course, it can make us cry, and the best advice is to buy. with an amount that can be considered lost.

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

Many are afraid when the price drops from when they bought it, so it's no wonder many sell immediately with the aim of not experiencing even more losses. But actually, it's true, as you said, that if it's corrected, the price will go down, but that's the time to keep buying, collecting more, and holding it until the bull market arrives. because the opportunity to buy at a low price is not necessarily obtainable at any time, so don't panic and keep on buying, and then hold off even though it might take longer, but you can be sure that the situation will recover soon.

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

Based on the cyclic pattern of the market we're close to the days of halving and the same could bring better price in the days before or after halving. Hy this time the focus needs to be on holding bitcoin, apart from this time period we should always have a right time period to hold, which means atleast 3-5 years need to set. During this time period we may experience bounce or decline, and the close observation will let us make use of opportunities and increase the holding volume.

It's a bit certain that someone who invests in Bitcoin and holds it for a long time will make a profit; all that determines their level of profit is their ability to hold until a bull market. Although, for some people who keep Investing in Bitcoin every time, they can get a bit concerned about the trend as to when to buy more. Apart from that, someone who really keeps worrying about the trend and direction of the market might start having some panic selling, depending on whether the market is falling more than their invested capital. Also, if the market is also pumping, then they might quickly want to sell off, and after selling, the market can still keep pumping.

This is typical example of a scared investor and maybe actually the money he used for the investment is still  playing in his head that's why he would want to watch the market on a constant basis. If an investment is constantly watch it bring nothing but tension and anxiety for the investor and this type of habit will probably make your investment all scattered because you will constantly sell for fear of dip and get confused on the time to buy again.

Letting your investment go for the market to decide it's faith is probably best and at least the best you can do is just to continue buying whether it pumps or dumps.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

If basing with how the market behave during and after halving, we will be able to verify that kind of pump, and if the same thing will take place, another new time high may be expected, though it's not a guarantee, or it's not a recommendation but it's always best to continue doing your research, there are trace that you can use to follow the patterns and always have that trust in each decision making that you going decide, something that doable and need a lot of attention and dedications for better success.

Previous pattern of the market and price is what's making everyone anticipate an actually bull run after the halving and believe me no one wants to be left out this time around because we all, well I don't about you but am certainly to missing out on a slight possibility of bitcoin claiming to another ATH very soon and that's why I have been consistent with the only strategy I know could help me achieve this goal which is DCA.

The best time to hold Bitcoin is when the price tends to be cheap and also if someone has bought it at a high price so that he has to be able to hold it for a long time if he still doesn't have time to sell when the price increase occurs in Bitcoin. As for those who had bought it at a low price, of course they only paid attention to how much profit they could achieve when they resold it. And it won't be as difficult as those who have bought at high prices with the aim of returning the reduced capital along with getting profits from their past purchases.

I also agree more with what you said because apart from having to be able to withstand a correction period, everyone is highly recommended to buy more using other money in order to be able to achieve maximum profits when an increase occurs again. But what I see now are that there are still two conditions that make some people hold Bitcoin assets, the first is because they still experience losses when they sell it now so they prefer to hold it. Meanwhile, some people are looking for greater profits after buying at low prices earlier this year.

Exactly. Correction phase is what you also called the retracement during an up move. Of course, not all the time btc is expanding higher. In order for the whales and other participants to buy again for a lower price, a correction occurs. That retracement serves as a second level for accumulation of more positions going higher. So if you know that it is going higher, then price going lower in a near term perspective is a signal for a good buying opportunity.

If you go to hodl, it is not convenient to wait for it to drop to a certain price, even more so if you go long-term with that purchase.

In any case, if you buy at 30k or 25k, the price you mentioned, what is the percentage in the profit differential.

That percentage is the one that has to determine your final decision.

I  mention it in a general sense, as 25k isn't that far fetched, we just got off the 30k floor and how long did it hold that price, a few weeks, we've been in the 20k range, all of this year, except for April.

Nothing to argue same with how most if not all who believes that the chance of owning bitcoin while the value still low will generate decent benefits, it's more on how you trust your judgement and how much spare you are willing to risk while waiting for your desire profits, it's best to have that goals and setting your target value will help you to keep holding, either to buy more if you have decent spare reserve money or just keep with the plan with your investment and wait.

it is not possible to not care about price for instance if price is 40k$ and you buy bitcoin now suddenly the price goes down so you will be upset and lots of time is required to get that higher price again.

It can be possible that if you choose certain cost that at this cost you will buy whenever the market goes down and after 10 percent or 20 percent you will sell your asset to reap the benefit so it will be beneficial for your.

You should not be too calm to wait for more and more benefit because in such situations one gets deprives of the original profit too. Also don't be in too hurry as it can also be very dangerous for you therefore selection of certain percentage for selling and buying will help you to make accurate decision.

I totally agree with you, friend, that no one wants to miss a bull run because that is what we have been waiting for the most from an investment that we have made so far.Buying in installments as much as we can at this time is certainly the right thing to do because the situation is approaching the era of the halving period. even though the situation can always change quickly and it is possible that a correction will occur again. Of course, that is commonplace and certainly an opportunity to continue buying and holding until next year.

I buy when the price drops and hold from then on. Later, if the price increases, I sell it again. This is how I buy and hold all the time. Good money can be made by holding short term in it. I think everyone should buy and keep like this. We can earn good income from it.

You sound like you're impatient or panicked. You initially thought that Bitcoin would continue to rise and you wanted to buy now before it got too high. However, you realize that more than 2 months of stupidity has changed your mind. You also realize that the price of Bitcoin does not always go up and experience significant fluctuations. Waiting for the price to reach a certain level before investing can be difficult due to high market volatility. Therefore, it is important to maintain realistic expectations and have a planned investment strategy.

You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.

Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.

Maximum profits would really be totally called to be maximum if you are holding tons and you do able to make some good entry point at the bottom and we know that on the time that you are making some entry buys
on higher price point then it would really be that something that much lesser if we do speak about returns and this is why there are traders or investors whom they would really be deciding on making some active trades
on which they wont really be preferring on holding up for long term considering the amount of profits that they are really taking or making is really just that less but well each person does have their own
risk tolerance on things on which there are ones who are risks takers and there are ones who do really love to play safe.

Holding for too long would really be needing or requiring that kind of emotion handling and really talking about mindset and really that resistance
on being impulsive because if you dont then for sure you would really be failing on this one.

Success is for those who are willing to take the big risk and have that huge patients to wait in order to reached their targets, though we do have different ways or different takes of our own strategy but most of the time people who knows how to play with the market are the one who really maximize the profits, if you are not being bothered by short market movements and you have that will to continue holding your chance to make decent profits is possible.

Unless, that the project that you are supporting already shows sign of being a scam there's always potential to bounce back if the coin suffers from a huge dump, bitcoin or any coin that you support as long as you believe with what the developers goals then holding can be applied.

The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.

There is definitely sounds of desperacies as long you observed personally that you shortly developed impatient whereas the market Volume wasn't impressed on your side.
But what I literally do not get well on this your thread is if you are clamouring to hodl your Bitcoin due to the stable increments in values or insighting to halve your Bitcoin in your trading wallet or if you you are waiting for a depreciation in the markets values to do you could purchase in a cheaper volume while awaits an appreciation in values to accumulate more of Bitcoin in your wallet.

Bitcoin is a project that people appreciate so well and is void of scams, those who would term Bitcoin a scam at this age must be illiterate and irresponsible at the same time. For this, the rest of mind in holding the project can't be an issue, but I respect your addition of that for ascertaining the worth of the project. I always advise traders on this regard so well, because no matter how good you are in speculation if the project is bad, there is no way you will not lose most of your money, if not all.

Now, if the scam and unworthiness are removed from an asset, it's a very good thing to buy at the right price and liquidate at the right time, my good chart reading guides me well on these. For Bitcoin, the rightest time to buy this season has passed, that was in November last year when it was hovering around $15,000. People often feared at that time because it was still a bearish market, but I wonder how Bitcoin could have been lower than that, perhaps some people wanted it to get to $10,000 before buying it...lol. Simply DCAing is another good one when you are not willing to take a total risk. Those who had started DCAing by then must have had a higher percentage of their investment in the coin by now, so they have nothing to worry about. But for those who are still missing out, the time is now or you miss out entirely. :-\

Add Bitcoin to our portfolio. This is the place and moment if you want to change the game. Yes. That's the right word, even though there are many other options, this is most dominantly held by many large and institutional traders even though price movements occur frequently and often change and we can buy them on the open market. Very easy.

I think you are right that investing in Bitcoin requires patience and quite a long time, so you also have to be prepared so that the funds absorbed do not interfere with your daily activities. but in time you will receive what you really hope for from investing in Bitcoin.

Buy on the time that you would really be able to see that the entire community is really that in great fear and doubt. This is the sweetest spot for you to make an entry. Yes, as a human then it would really be
that also normal that you could really be able to feel up those emotions considering that when everything is really that so in red then you would really be thinking up that you might be able to get even more
negative when the price digs deeper. We do know that there are really moments or conditions on which the dip gets even more deeper on which it would really be causing for our mind and emotions
to raise up into those levels and asking on what you have done wrong.

Holding your position is never been that easy or simple. Why? Emotions would really be your main enemy on this time and as a human being then we are really
that susceptible to this or most likely you would really be that become too impulsive when it comes to this regard.

You really have a nice plan towards Bitcoin investment and I commend that. The mistake many people make regarding investing in Bitcoin is being too anxious to take profits. They rarely give the market time and are quick to sell whenever their Bitcoin holding enter into some good profits. Taking profits is not bad, but how one go about it can make him lose a good proportion of the profits they would have made.

You also tried to capture the aspect of investing money that will not affect our needs much. I think that is the only way to hold for long.