Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Superdoctor on June 26, 2022, 07:19:08 AM



Title: Ignore the dip and Invest in Bitcoin for long term
Post by: Superdoctor on June 26, 2022, 07:19:08 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Oshosondy on June 26, 2022, 07:23:16 AM
What a good advice. But why ethereum when you post it on bitcoin board.

It was bullish for bitcoin and all-time-high was attained. In 2020, there was a time bitcoin was below $4000. In 2021, there was a time bitcoin was above $65000. It was a great passive profit making means for many people, people that hold at the time.

Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: bayudndy on June 26, 2022, 07:29:50 AM
(...)
:) You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Tytanowy Janusz on June 26, 2022, 07:31:40 AM
This does not apply to altcoins because 99% of them are going to zero sooner or later, but for bitcoin -70% from ATH is actually a great place to start DCA. Maybe even buy a big long term bag. But the main question that market is trying to figure out right now is how will bitcoin act during global recession that we are about to see. Bitcoin was never in this situation. That's why I strongly advice to not go balls dip into bitcoin right now because risk are inestimable.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Pmalek on June 26, 2022, 07:40:29 AM
Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money.
I am a bit confused after reading your post. Are you using the profits from Bitcoin to invest in altcoins or the other way around? To me, it seems like Bitcoin is your way to get more altcoins. In that case, that's a pretty risky game you are playing. Everyone knows what's best for them, but I would personally never drop Bitcoin to adopt an alt and possibly a shitcoin created only to make a small group of developers and early investors/advocates rich.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: aoluain on June 26, 2022, 08:17:41 AM
^

Yea its still a newbie trend to be involved with $hitcoins and focussing on Altcoins when
really the only show in town is Bitcoin. Thats where everyone should be focussing their attentions.

What the OP is advocating in terms of Bitcoin is essentially whats been referred to
as "Zoom out" and not be so affected by the movement of the markets.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: lovesmayfamilis on June 26, 2022, 08:33:23 AM

Obviously, the OP is confused in his conclusions. He talks about two cryptocurrencies at the same time, but he has probably experienced only one.
Just read the quote from the article that the OP classically paraphrased. Immediately comes the understanding that a beginner who gives advice does not always understand what he is writing about. :)

Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. No matter if crypto is going up or down, the best thing you can do is to not look at it. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.


https://i.ibb.co/3rhc2CC/Screenshot.png (https://ibb.co/Tvht6gg)
https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-price-increases/


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Superdoctor on June 26, 2022, 08:41:34 AM
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Davidvictorson on June 26, 2022, 08:54:15 AM
Great advice but not everyone can ignore the dip. Especially newbies. Not everyone can invest for the long term. Some folks actually have a short - medium term investment goal in mind. And when the market doesn't go as they had planned they pull out irrespective of whether there's a dip or not. I recently spoke to a friend who did this. She pull what's left of her investment out. She said half a loaf is better than none. The summary is simple - just like someone said do not invest what you cannot afford to hodl.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Fortify on June 26, 2022, 10:04:01 AM
This does not apply to altcoins because 99% of them are going to zero sooner or later, but for bitcoin -70% from ATH is actually a great place to start DCA. Maybe even buy a big long term bag. But the main question that market is trying to figure out right now is how will bitcoin act during global recession that we are about to see. Bitcoin was never in this situation. That's why I strongly advice to not go balls dip into bitcoin right now because risk are inestimable.

The simple fact is the biggest money managers and wealthy  accounts under management are currently moving money out of high risk assets. The recent collapse means they have lost a lot of faith in the system and it can take a long time to regain. There is an upcoming fuel crisis in the world and bitcoin is somewhat wasteful when it comes to energy usage. People with money are converting to cash with the hope they can make big bucks in the coming recession by buying near the bottom. It was also very cheap to borrow money until the last year which flooded the market with easy money, as interest rates go up that is vanishing.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: uchegod-21 on June 26, 2022, 11:54:31 AM
Great advice but not everyone can ignore the dip. Especially newbies. Not everyone can invest for the long term. Some folks actually have a short - medium term investment goal in mind. And when the market doesn't go as they had planned they pull out irrespective of whether there's a dip or not. I recently spoke to a friend who did this. She pull what's left of her investment out. She said half a loaf is better than none. The summary is simple - just like someone said do not invest what you cannot afford to hodl.

The advice in OP is so great and understandable, even though he superimposed bitcoin and Ethereum in a particular topic, his points are still understandable.
The issue of not ignoring your portfolio is not only for newbies. Old investors will also not ignore their portfolio when they invest more than what they can lose.
So it is when someone don't have investment plans that they keep their mind in their portfolio when the market is going wrong. I started in this cryptocurrency with trading and immediately I enter a particular trade my mind won't be at rest, so I had to stop trading because of my wellbeing.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ethereumhunter on June 26, 2022, 04:22:24 PM
What you are doing is a good strategy because you can take advantage of the market's situation and conditions to benefit you. Not many people can be as patient as you in waiting for the market to go back up because they can panic and sell it as quickly as possible. But be careful if you want to buy altcoins because the price of altcoins can drop deeper and make you have to hold on to the altcoin for a long time. But for altcoins that have the potential to go up high, it can still be recommended but still be careful because we don't know what will happen in the future.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Beparanf on June 26, 2022, 04:31:03 PM
(...)
:) You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.

Bitcoin has much better price performance compared to Ethereum! I think he will make more profit if he invest on Bitcoin in early days rather than Ethereum because is the best performing cryptocurrency so far so if he made that profit in Ethereum then he can surely make huge profit on Bitcoin without a doubt. Ethereum will not reach 4K level if Bitcoin didn't pump to 65K. Investors is just looking for other investment opportunity after they finish trading on Bitcoin which is the reason why Eth and other altcoins pump.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: helloinox on June 26, 2022, 08:44:51 PM
What you are doing is a good strategy because you can take advantage of the market's situation and conditions to benefit you. Not many people can be as patient as you in waiting for the market to go back up because they can panic and sell it as quickly as possible. But be careful if you want to buy altcoins because the price of altcoins can drop deeper and make you have to hold on to the altcoin for a long time. But for altcoins that have the potential to go up high, it can still be recommended but still be careful because we don't know what will happen in the future.
Long term of not, ignoring the dip and market signal as a whole doesn't seem like a good strategy to me. Sure we all know how Bitcoin is for the long term and eventually climb back and hit a new ATH. Though, looking for the best possible price both in the short and long term to reduce the risk is more sensible.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: uneng on June 26, 2022, 11:59:03 PM

 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
That is what many investors have been doing by now, buying on every occasions bitcoin suffers a new crash, including El Salvador. Right now it's a very criticized and blamed strategy, but on long term it will be seen as a smart one, once bitcoin recovers again.

Just be careful when advising other people financially, because there is a high chance they misunderstood how the market works and might end accusing you for having their investments in a negative status. I've seen it happening often during this recent bear market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: boyptc on June 27, 2022, 03:47:12 AM
For those that just got into investing in bitcoin, they can't ignore it easily. They'll keep on checking the price and charts everyday and they can't themselves stopping doing it.

It's normal.

And for us who have experienced the past ATHs and bears, we can easily do it on our own. If you're not going to buy this dip, yes, that's very much effective to just ignore it.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BobK71 on June 27, 2022, 04:24:46 AM
The current condition of Bitcoin indicates that it is much deeper than its maximum price. So this is the right time to buy. Moreover, the holders have already built their portfolios during this period. We also see that Blue Whales have started buying from the dip. So if you want to hold Bitcoin for a long time then it can be a golden opportunity.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Don Pedro Dinero on June 27, 2022, 04:52:31 AM
Anyone who does not focus on the long term has everything to lose, given the volatility of Bitcoin (and Ethereum, which the OP mentions as well).

One can make regular purchases and forget about what is happening, which would be a simple strategy, but it is also reasonable at times like these to buy more than usual (if you have liquidity), and take advantage of moments like October-November last year to take profits.

The problem is that at times like this, many people get scared and don't buy because they think it could go down further and when it goes up a lot they don't want to sell either because they think it will go up a lot more and selling at that moment feels like a loss.

You have to have a certain sense of smell and experience.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ethereumhunter on June 27, 2022, 06:44:52 AM
Long term of not, ignoring the dip and market signal as a whole doesn't seem like a good strategy to me. Sure we all know how Bitcoin is for the long term and eventually climb back and hit a new ATH. Though, looking for the best possible price both in the short and long term to reduce the risk is more sensible.
Maybe not ignoring the decline but how we can look for market signals that we think are a good time to enter the market. But if we can see a decline in the market, we can analyze it further to find the time to buy and vice versa. Bitcoin does have a chance to go high and reach a new ATH but we don't know when and as long as the decline occurs, it's a good time to buy bitcoin and hold it until the price goes high and sell it at a high price.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Nrcewker on June 27, 2022, 07:05:59 AM
Yes I completely agree with you.
Instead of treating as an opportunity, many people are fearing and becoming panic.
Due to this they are selling their coins to the petty traders in such a low price.
But to be honest this dip is the best time to buy Bitcoins and hold it for long term.
We have already seen what is Bitcoins capable of , so yes if we buy now and hold for at least 3 months, we will easily get upto 50% return on our investments.
Nevertheless at last it’s people’s choice, how they wanna treat this bear market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dlightag on June 27, 2022, 11:17:55 AM
That is a very good advice, not to be emotional selling rather when market get dip, you buy more bitcoin for a long time holding, which many investors make more profits during dip like these in marketplace not to sell, but rather them buy more. Bitcoin is digital assets that has to do with demand and supply of the market across the nation. checking the history of bitcoin in CMC, it really show that more days goes on, more demand come into the industries to buy, and dip is a good position to buy and hold for a long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: taufik123 on June 27, 2022, 12:34:24 PM
Maybe not ignoring the decline but how we can look for market signals that we think are a good time to enter the market. But if we can see a decline in the market, we can analyze it further to find the time to buy and vice versa. Bitcoin does have a chance to go high and reach a new ATH but we don't know when and as long as the decline occurs, it's a good time to buy bitcoin and hold it until the price goes high and sell it at a high price.
To enter the market, don't just look for signals when you should enter, you must be able to do your own analysis, at least you can basically read the market direction. If we talk about long-term investments, bitcoin does have the potential to go up and reach new ATH for the long term. Investing what you can afford to lose will be very good, But don't put everything in one basket, make a plan for investment so that the investment is safe for the long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Flexystar on June 27, 2022, 02:25:24 PM
I’m thinking about new ATH now. It’s definitely gonna break the previous years ATH because many investors are getting chance to buy at high discounts these days which is now creating pretty good market volume. It’s like building block for the bitcoin. The more we keep buying the more stronger it becomes over the time. Once it reaches certain amount in coming days it will burst out suddenly.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: yazher on June 27, 2022, 02:28:27 PM

Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.

History will repeat and those who have doubt will miss this big opportunity in front of their eyes. Because we already know how bitcoins act in the past when people sold their BTC and others are causing havoc with their non-sense theories and Bitcoins fire back with a new All-time high. bitcoins price shut them off and zipped their mouth and that will be the same scenario after this bearish market because that's how the bitcoins market flow until it becomes more stable in the future.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: TheUltraElite on June 27, 2022, 02:35:23 PM
I am not so sure about the altcoins though, their track record is bad and although the top 10 will survive a bear market, how their long term value unfolds is not worth speculating on.

But for bitcoin, one can say with certainty that the future price will be bullish and this bear trend is already seeing a reversal because of the constant movements happening at 20k USD range. We might see a break from these movements towards one direction, whatever it might be, we can handle it like a pro trader if we know how to approach the market in general.

Obviously newbies will panic during a bear market, but knowing that every dip is a opportunity to buy takes time to sink it and so this is nothing different to the veteran traders.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: bitzizzix on June 27, 2022, 02:41:11 PM
I think investing in bitcoin is very easy and safe compared to others, even if you don't have good analytical skills and anything related to bitcoin movement you can still get good profit.
just buy when it goes down and hold on to sell it back when the price has gone up as you wish, and all you need is strong and consistent patience when the bitcoin price tends to go down don't sell it because of emotion and it will happen better take advantage of the decline to buy continuously every time it declines happen and stay focused on the long term or leave the market and return after hearing good news or a price increase.
and I think most people do that, except trading and it really takes analysis and other stuff and also does it full time to do it.
and what the OP mentioned is great, and besides bitcoin, ethereum is a good choice going forward.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Cryptomiles1 on June 27, 2022, 03:03:51 PM

Obviously, the OP is confused in his conclusions. He talks about two cryptocurrencies at the same time, but he has probably experienced only one.
Just read the quote from the article that the OP classically paraphrased. Immediately comes the understanding that a beginner who gives advice does not always understand what he is writing about. :)

Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. No matter if crypto is going up or down, the best thing you can do is to not look at it. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.


https://i.ibb.co/3rhc2CC/Screenshot.png (https://ibb.co/Tvht6gg)
https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-price-increases/

This is very sad.
maybe he wanted to end up gaining some points from people over here without knowing is spamming


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Adbitco on June 27, 2022, 03:22:36 PM
The market has been stationed at a particular point currently and i don't think if there would be any bull soon. Those who were here early 2017 really understand the market more better and i believe only the new comer's who rebelled about the market.


I guess this is a act of boosting his accounts maybe for a  particular interest, but it is very disappointing seeing that copy and paste without any experience is bad. OP needs to be properly oriented to know how to create his post, He/she should visit the Beginner and help section for some clarifications. I think he is less than a year here so how did he gets to know about all this without being fully involved.



Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Issa56 on June 27, 2022, 07:47:50 PM
The current condition of Bitcoin indicates that it is much deeper than its maximum price. So this is the right time to buy. Moreover, the holders have already built their portfolios during this period. We also see that Blue Whales have started buying from the dip. So if you want to hold Bitcoin for a long time then it can be a golden opportunity.

Am still suprise when I see that people are still scared to buy bitcoin now, most of them keep on saying bitcoin will still dump more, but  I know is hard to catch the bottom, just buy when the price is low, even if their is more dip just hold the only thing that will change is the price but the amount of bitcoin you are holding will not change. If you are having one bitcoin it will continue to be one bitcoin even if the price drop so to me bitcoin price is very low now and we can start buying now.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: romero121 on June 27, 2022, 08:01:15 PM

Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.

History will repeat and those who have doubt will miss this big opportunity in front of their eyes. Because we already know how bitcoins act in the past when people sold their BTC and others are causing havoc with their non-sense theories and Bitcoins fire back with a new All-time high. bitcoins price shut them off and zipped their mouth and that will be the same scenario after this bearish market because that's how the bitcoins market flow until it becomes more stable in the future.
It is hard to believe for the people who haven't experienced the previous time market crash and the bounce back. I still remember those days of bitcoin reaching ath value when the speculations were that bitcoin might reach $7k. All of the sudden price reached high and later it dropped down to $3000. Once again the price bumping took place. So, it is good opportunity and there is nothing to fear.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: blackened515 on June 27, 2022, 08:14:15 PM
I totally agree with the OP. We might not witness Bitcoin price fall below $30k again. So, it probably better we take the present situation of Bitcoin as an golden opportunity, and accumulate more Bitcoin. You don't have to let your emotions control you. Also, you don't have to panic if the cryptocurrency keep dipping. Certainly, the price will bounce back. Although, newbie are those who usually panic and sell their coins whenever the price dip.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Doan9269 on June 27, 2022, 08:28:05 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account

Except if its unavoidable i don't think this is the best time to sell, and yes one must hold till this phase is passed, bit those on short term investment like trading can stillake good benefits out here by within a day or week, many investors go into buying more this time to sell off whenever there is rise in the price which obviously may take a while before such could happen, which is one of the reasons why we insisting in letting people know that bitcoin isn't a get rich quick like online ponzi.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dezoel on June 27, 2022, 09:40:53 PM
This is what a veteran does. We do not care about the price, we do not "ignore" it, we cherish it because we love and know that the price will go up, which means that the lower amount of money you could spend on this, means a lot more money when you are dealing with something else in the future when the price is higher.

I have faced a ton of people who turned a few thousand dollars, or a few tens of thousands of dollars, into retirement money. I know one friend of mine who turned under 20k money he invested in 2017 or so, into 4.4 million dollars these days, well at the peak sorry, because after this drop he must have a lot less money obviously.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: S A KHAIR on June 27, 2022, 09:50:08 PM
I totally agree with the OP. We might not witness Bitcoin price fall below $30k again. So, it probably better we take the present situation of Bitcoin as an golden opportunity, and accumulate more Bitcoin. You don't have to let your emotions control you. Also, you don't have to panic if the cryptocurrency keep dipping. Certainly, the price will bounce back. Although, newbie are those who usually panic and sell their coins whenever the price dip.
Yes, if there's a coin that we want to buy during this bear market there's no doubt it will be either bitcoin or eth. We can see that for the last few months, bitcoin shows dip value, we all witness its ATH last year but now bitcoin is around 20k, we can take this opportunity to buy bitcoin at this price, everyone asking is this the right time to buy? I will answer it yes, compare to last few months it is the best time to buy.

I think it is not a very wise decision to jump into bitcoin with all of your investments at a time.
Yes, I agree, this is the perfect time to buy but can't say this dip is the ultimate dip, it could be dropped furthermore.
So, I think if anyone wants to invest in bitcoin, he should split his total money and buy bitcoin gradually over the next few months.
I bought some bitcoin when it first dropped to 30K, then I speculate and set my next buying point at 20k.
Now my new target is 17K then 10K, I like to buy gradually and I will hold it until 2025.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Rigon on June 27, 2022, 10:26:43 PM
The current bitcoin market seems to me to be an opportunity for everyone to invest. The bitcoin market will grow a lot one day.But for those who want to make long-term investments, I would say that now is the right time for Bitcoin.The bitcoin market will go up at any time.There are many investors who have bought and invested in Bitcoin but they have made long term investments.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: D ltr on June 27, 2022, 10:29:57 PM
you believe in eth why doubt btc performance?
I think the performance of btc is better than eth if btc has decreased then altcoins will experience a greater decline than btc and repairing prices is also quite long
but I say I can accept your advice in long-term investment in the current situation because it has experienced a very deep decline


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Ale88 on June 27, 2022, 11:47:59 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time.
Those are simple but wise words, the problem is that the majority of people don't see things the same way you do. The average investor doesn't buy when the price goes down, they buy when it goes up, and usually they buy at the very high price, then it starts to go down, they wait because they hope it'll recover soon but it keeps dumping, at that point they decide to sell to save part of the investment because they start thinking it'll go to 0, after a while the recover and consolidation period begins and these people just lost money.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dansus021 on June 28, 2022, 02:33:07 AM
easy to say "Ignore the dip"  ;D ;D before make any investment or buy more everyone should know the risk and must know where the dip is, yes we know that bitcoin perform well according to the past and of course going well to future but only invest with "cold money " and this dip might become a large opportunity to us. stay safe and keep learning


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: lienfaye on June 28, 2022, 03:38:55 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time.
Thats right. If you able to do this when you invest in crypto, there's a high chance to gain once the market turn bullish. It might take months or years but its worth it. However, its not easy as it seems especially for investors who are relying on their investment. Though we often say dont invest what you cant afford to lose or the money meant for important things, some investors are still not following this. The reason why they cant hold for long and selling at the wrong time.

So before investing make sure that you know what you are getting into. Because it takes a lot of guts and patience to be a huge gainer in crypto.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: kamvreto on June 28, 2022, 03:52:43 AM
easy to say "Ignore the dip"  ;D ;D before make any investment or buy more everyone should know the risk and must know where the dip is, yes we know that bitcoin perform well according to the past and of course going well to future but only invest with "cold money " and this dip might become a large opportunity to us. stay safe and keep learning

Having cold money invested and ready to lose is a must. Never use money that is still needed for other purposes. I learned a lot about the past that I've been through.
for long-term investment really have to be patient. there are some people who are impatient because they want a quick profit, who end up losing it all. The bearish market this time has disturbed everyone's psychology, whether they want to continue to maintain or not, or buy again with money in reserve.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Trapezium on June 28, 2022, 04:32:32 AM
Dip can be taken as an opportunity for making more potential investments. But, it is also important to know what cryptocurrency you should invest at that moment.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ChiBitCTy on June 28, 2022, 04:44:26 AM
But low, sell high, lol I’d say that’s how you should try and do it. I think it’s important for everyone to understand to only invest what you can afford to lose. Be a responsible investor. I personally think it’s a great time to buy bitcoin, but it could certainly continue to fall, so everyone should remember that.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: minime0105 on June 28, 2022, 04:49:07 AM
The current condition of Bitcoin indicates that it is much deeper than its maximum price. So this is the right time to buy. Moreover, the holders have already built their portfolios during this period. We also see that Blue Whales have started buying from the dip. So if you want to hold Bitcoin for a long time then it can be a golden opportunity.
moreover theirs existing speculation that Bitcoin is falling that no needful to buy bitcoins and hold, and i laughed at it, what is being matters is investment as op advised. This is the time to buy cryptocurrency and hold not only cryptocurrencies but bitcoin and hold for long term because people who bitcoin and hold and decide to sell in 2024 and 2025 will make a profit if the person can forget about the coin it has in it's possession. The advice of op is courageous for people who have the heart of holding a Bitcoin for long term without panic to sell


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: adzino on June 28, 2022, 05:20:02 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
You shouldn't completely ignore the dip. I mean, you should instead try to take advantage of the dip. During the dip, try to invest as much as you can and keep holding to maximize the profit. Can't invest? Then don't sell. Just hold, sit back and relax. Look at the charts and you will see that the price in the long run keeps on increasing.
Another reason not to ignore dip is because disasters that might happen like Luna. Sure, bitcoin is never going to reach that state (or it might when something that no one ever expected happens), but still you shouldn't completely ignore the dip.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: KaliLinux on June 28, 2022, 05:39:02 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
Well, that ought to be the way crypto investors should be looking at it but we understand this is not usually the case because not every investor have the same mind set plus this issue has been discussed many time on this forum and you would have thought people get it now.
For me, most people are not really investors but traders hence the need for they to keep reacting to every market price action which real investors will ignore when they occur because they “investors” usually have a longer time frame target and don't mind the daily, weekly and monthly price swings.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Fundamentals Of on June 28, 2022, 06:12:36 AM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: kotajikikox on June 28, 2022, 06:32:42 AM
Dip can be taken as an opportunity for making more potential investments. But, it is also important to know what cryptocurrency you should invest at that moment.
That's why this is a BITCOIN TOPIC , because this is the only sure investment that will made us profiting though it may take long time sometimes(at least 3-4 years)  and after there are sure income.
I totally agree with the OP. We might not witness Bitcoin price fall below $30k again. So, it probably better we take the present situation of Bitcoin as an golden opportunity, and accumulate more Bitcoin. You don't have to let your emotions control you. Also, you don't have to panic if the cryptocurrency keep dipping. Certainly, the price will bounce back. Although, newbie are those who usually panic and sell their coins whenever the price dip.
make this a chance to earn by  buying our coins now and then sell out in the next couple of years .


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ImThour on June 28, 2022, 06:34:34 AM
Long-term investment seems really easy to do but HODL is usually the most difficult task in an investor's life.
Imagine you bought the dip of 2018 and suddenly in 2020, after HOLDing for 2 years you see your BTC is now at the same amount of price at what you bought.
Not an easy job to do, but fruitful if done correctly.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: rodskee on June 28, 2022, 07:21:41 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
I tried acting like this in the past , I even wonder how to forget about the investment and let it there for at least 3-5 years , but suddenly ? i cannot manage to make it happen because it is hard to deny the fact that when browsing this forum we will be triggered to check the market from time to time so just admit it, we are here to check our valued asset each time and decide what to do after.
and this is why many are turning into losses because of panicking after seeing the market fall badly.
Long-term investment seems really easy to do but HODL is usually the most difficult task in an investor's life.
Imagine you bought the dip of 2018 and suddenly in 2020, after HOLDing for 2 years you see your BTC is now at the same amount of price at what you bought.
Not an easy job to do, but fruitful if done correctly.
Sorry but what? you said that Long term investing is the easiest thing to do but HODL is most difficult ?  it is the same lol , HODL means Long term investing  and difficult? when all you need to do is wait ?


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BobK71 on June 28, 2022, 11:04:28 AM
Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money.
I am a bit confused after reading your post. Are you using the profits from Bitcoin to invest in altcoins or the other way around? To me, it seems like Bitcoin is your way to get more altcoins. In that case, that's a pretty risky game you are playing. Everyone knows what's best for them, but I would personally never drop Bitcoin to adopt an alt and possibly a shitcoin created only to make a small group of developers and early investors/advocates rich.
In crypto currency risk appear everywhere so you are not safe from anywhere you buy. Since Bitcoin is 70 percent below its ATH, it will be upward soon. Maybe it takes few days more can be fixed or even slightly down but it will recover and will be up again. On the other altcoins lost almost 90% value in some coins. At this moment I would not like to invest accept bitcoin. According to the dip it is less risky as alts.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: AicecreaME on June 28, 2022, 11:19:23 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I'm practicing the same strategy. Buying bitcoin and holding for long-term investment for the future. I use the technique buy and then forget so that I won't touch my assets. I just keep them for the long term and not bother to withdraw whenever there's a dump because I know how the market moves. This could be beneficial to some people who are easily shaken.

I've seen many people who do this method too and it works as long as the coin you invested upon have the potential to have greater value in the future. Of course, someone still has to do proper technical analysis and do cutloss if necessary to avoid further losses if it's really counted as loss and not paperloss anymore.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ethereumhunter on June 28, 2022, 12:22:50 PM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Silberman on June 28, 2022, 03:21:40 PM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.
The truth is that most people simply do not have what it is necessary to become a good trader or investor, you could give them the money, strategy and even give them advice whenever they need it and they would still lose that money as they would fail to hold their coins properly when the time came and then they will even blame you for it, so when we understand something like this it is easy to see why so many people lose their money to the markets.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Botnake on June 28, 2022, 08:36:06 PM
easy to say "Ignore the dip"  ;D ;D before make any investment or buy more everyone should know the risk and must know where the dip is, yes we know that bitcoin perform well according to the past and of course going well to future but only invest with "cold money " and this dip might become a large opportunity to us. stay safe and keep learning

Having cold money invested and ready to lose is a must. Never use money that is still needed for other purposes. I learned a lot about the past that I've been through.
for long-term investment really have to be patient. there are some people who are impatient because they want a quick profit, who end up losing it all. The bearish market this time has disturbed everyone's psychology, whether they want to continue to maintain or not, or buy again with money in reserve.
Investing in bitcoin is a much better thing to do than leaving their dead money in the bank, which could never grow that much annually. But bitcoin is volatile that's why a long-term plan is needed before harvesting its profits and in times of bearish, we must keep our patience and keep from having some worries because we already know that bitcoin will always recover and will likely make another ATH this year. I say bitcoin is not for the fainted heart type of investor because bearish season will really put you to test.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: darkv0rt3x on June 28, 2022, 08:57:30 PM
I just said almost the same thing as I'm going to say here.
If you understand Bitcoin and how economy works, and how polititians are trying to control us in such way we will be absolutely under their control, you'll see that the best option is simply to by Bitcoin and hodl, for now! In a near future you will thank these avices.

Watch these 2 videos:
https://www.youtube.com/watch?v=MOm_QmnRBSs

https://www.youtube.com/watch?v=42k9vH3OXI0

They are very good because they explain some of the most basic concepts of economics and some very important aspects that our governors tells us in masked wors and we simply can't see it clearly until we watch these videos and others like these!


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Vaculin on June 28, 2022, 08:58:56 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
The whole concept for crypto investment will always be for long term. There may be good for short term but expect that the profits are just a small portion of what you can get from long term. And most particularly for bitcoin, where its price keeps fluctuating due to its market volatility, investing for long term will best fit for it. Just ignore the market crash, its just temporary. Focus on long term and believe me, people who always win in the market are those who can endure the market for long and those who focus on their goal for long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: TheNineClub on June 28, 2022, 09:14:44 PM
Look, people can't just ignore the dip. Crypto is connected to the world events, and the economy is in a downtrend. And when that's going on, people tend to lay low and not invest (most of the people). So it's really hard to ignore or bypass that little thing.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Sanitough on June 28, 2022, 09:59:56 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
That's how our mindset should be, invest for long term and do not be so eager to chase for profits because crypto investment is always best when its for long term. After all, the market will not stay forever having price dumps, it will surely recover in the right time and we'll see good profits along the way. For now, its  best to take advantage of the market first and buy a lot of bitcoin while prices are very tempting to invest. With our intention for holding it for long term, we can always ignore the price corrections that is happening, because in the end we'll know that the market still regain its bullish trend and that huge profits are waiting for those who endure long term investment.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: boris singer on June 28, 2022, 10:20:20 PM
But low, sell high, lol I’d say that’s how you should try and do it. I think it’s important for everyone to understand to only invest what you can afford to lose. Be a responsible investor. I personally think it’s a great time to buy bitcoin, but it could certainly continue to fall, so everyone should remember that.
This is indeed the goal of it all because buying at the lowest possible price and selling at a high price is a basic concept that must be known.
But on the other hand, in this case, there are some cases that make us unable to do that, such as for example some beginners who can't read the situation or maybe we are already at a high price so there really is no reason to sell and should buy if we still have money. the rest even though sometimes many people have spent it some time ago to buy bitcoins at prices that are still relatively high.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: bitcrystal on June 28, 2022, 11:49:47 PM
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: AmoreJaz on June 28, 2022, 11:58:03 PM
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.

and it also depends on the financial capability of the person how he will look at this market. he can very well do the short term trading to get immediate profits. however, he needs to be cautious about his trading activities because one mistake, he will lose all his accumulated profits.
for long-term, it means, he has the confidence in this market that sooner or later, he will get his profits.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ingiltere on June 29, 2022, 12:01:26 AM
In 2014 I thought I was too late to the Bitcoin scene and tried as hard as getting more Bitcoin in various ways and end up losing more. If I hold them instead of wasting with stupid scamcoins or gambling carelessly I could've been in way better financial position now. I tried to earn Bitcoin faster because I thought I was late, but it backfired in the end. And I learned that there is always a new opportunity. Now I know that even if Bitcoin goes through bear seasons, it goes up even higher. I have full confidence and Bitcoin will be here to stay. That's why I'm trying to accumulate Bitcoin by being more careful now. My advice is, don't be afraid of the drops, always see it as another opportunity to accumulate more.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: goldkingcoiner on June 29, 2022, 12:09:04 AM
An investment should always be a long term thing. Thats why you do so much research on your investments beforehand. If you truley believe in something then obviously you are going to be setting a goal of years before you cash out. Bitcoin however is not only a long term investment but a firm belief that we are switching to a different monetary system. A third generation of money technology.

So to me there really is not much point in "cashing out" at that point.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: JoyMarsha on June 29, 2022, 12:14:05 AM
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
If we should go by the history of bitcoin, we would be able to find out that bitcoin always bounces back in price after a long bearish market. As the crypto market is unpredictable, so is bitcoin's future. The present market condition of bitcoin requires us to buy the deep rather than sell. Sell now and regret it later


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Smack That Ace on June 29, 2022, 01:40:05 AM
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.
The dips are not such a big deal that we are afraid to ignore them. As a long-term investor, we should expect a drop more than anyone, as this is an opportunity for us to buy bitcoin cheaply, which we cannot see during the bull season. Holding bitcoin long term will never make you lose but if you can get it cheaper than others the bigger your profit, the dip market should not be ignored.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Mr.sprin on June 29, 2022, 01:46:08 AM
Currently the price of bitcoin is going down, many investors want conditions like this because they aim to buy bitcoin at a low price and store it in the long term for them to make assets in the future, so I also take this opportunity to buy BNB coin to keep it I'm sure BNB coin has the potential to be stored.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: worle1bm on June 29, 2022, 05:20:25 AM
If you can hold on to your nerves and relax without getting panic looking at the charts provoking you to sell then definitely you can gain profits from btc in long run once the prices are revived.The other way is invest some amounts at these dips which will help you more but if you can't then simply hold it.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ethereumhunter on June 29, 2022, 09:22:14 AM
The truth is that most people simply do not have what it is necessary to become a good trader or investor, you could give them the money, strategy and even give them advice whenever they need it and they would still lose that money as they would fail to hold their coins properly when the time came and then they will even blame you for it, so when we understand something like this it is easy to see why so many people lose their money to the markets.
If they don't learn how to survive in the crypto market and as investors, they are doomed to fail and there will be no chance for them to profit. They won't be able to hold their coins properly and we've seen many examples of what people have experienced. Maybe they are not suitable for investing in crypto but what is clear, if they have the will to learn, surely they will be able to survive in the harsh crypto market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Mr.right85 on June 29, 2022, 09:39:10 AM
The dip sentiment have kept many supposedly bitcoin investors on the sideline while watching bitcoins create lows and the next, bounce back to make someone's towards the bulls. Even while the trend seems to continue, they continue in disregard with the idea that, it would dip again and then they would find an entry point but the realisation of this is usually not forth coming.

These are the set of investors that might jump in only after it is clarity bitcoin is on the rise and might not come in at all or come in when the market is stayed at a ranging point.

Better wa to help yourself at this point is to devise a hold for long plan and there is no better way to do that than, having some serious alternative source of income that isn't crypto related. Do that and you've got a better chance at long term holding.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: btc78 on June 29, 2022, 10:00:08 AM
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.

That is if you have a steady funds that allotted only in this kind of scenario , because if you are going to sell other coins just to buy bitcoin then the tendency of you losing in altcoin bump is there.
we should remember that both bitcoin and legit altcoins are moving forward and downward together so yes best to have them both and you must always ready in occasions like this.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on June 29, 2022, 10:21:11 AM
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.

If we should go by the history of bitcoin, we would be able to find out that bitcoin always bounces back in price after a long bearish market. As the crypto market is unpredictable, so is bitcoin's future. The present market condition of bitcoin requires us to buy the deep rather than sell. Sell now and regret it later
Totally agree with what you said because selling all Bitcoins now will give you more regrets later or when Bitcoin increases again. I think for now is the time to stick with all existing assets and also buy as much as possible before things escalate again in the market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Crypto_Dotar on June 29, 2022, 12:28:02 PM
Bangladesh Bank is known to buy or store bitcoin in other cryptocurrency in Bangladesh, but according to the law of Bangladesh, it is illegal to trade or save bitcoin or any other cryptocurrency.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dezoel on June 29, 2022, 02:16:11 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
I tried acting like this in the past , I even wonder how to forget about the investment and let it there for at least 3-5 years , but suddenly ? i cannot manage to make it happen because it is hard to deny the fact that when browsing this forum we will be triggered to check the market from time to time so just admit it, we are here to check our valued asset each time and decide what to do after.
and this is why many are turning into losses because of panicking after seeing the market fall badly.
I think checking the market is not the problem, if you are not taking any actions then checking the market is fine. I haven't sold many coins for the past 2-3 years, I mostly bought and stored them on binance and did nothing else. Have I not been here? I have been here for so long that I actually earn enough money from writing here that I can put that into bitcoin and store that as well.

That 50 bucks I earned 2-3 years ago for writing a week? Well, that is now 200 bucks because of how much the price went up. This is how you make money, you buy and you hold, and if you really really need to, sell only a little. As long as you do that, you could always be here, or check the markets.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Fundamentals Of on June 29, 2022, 02:39:06 PM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.

I don't even know if this strategy of leaving the market or not monitoring the prices is applicable to emotional investors. I'm sure emotional Bitcoin owners cannot stand a day, even an hour, not checking its price. So it is either they invest with a strong hand and be completely aware of the risks and possibilities of Bitcoin or they will fall to fear and sell when the going gets tough. If somebody cannot help but panic when the market condition is bad, he also cannot help but look at the price every now and then.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: JohnBitCo on June 29, 2022, 03:03:16 PM
Not going to ignore the dip because its what gives opportunity to buy bitcoin lower and lower as it dips. It all depends on the type of trader that you are. Some do short term trading/investing while some do long term. It's just to stick to what works for you.

Yes, rightly said why ignore the dip? Rather we should wait for the dip to buy bitcoin at cheap prices. The current bitcoin prices are the cheapest to invest for the mid to long term. Only a year ago, people used to say that they will buy bitcoin of it reaches 20K again. Today, the price is again 20,000$ but most of them are still not buying and they consider that even 20K is a high price for bitcoin. These people never buy bitcoin as they just keep on waiting forever.
Buy now else you will regret it when you will see bitcoin reaching all time high again in 1-3 years.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: TheUltraElite on June 29, 2022, 03:31:17 PM
If you can hold on to your nerves and relax without getting panic looking at the charts provoking you to sell then definitely you can gain profits from btc in long run once the prices are revived.The other way is invest some amounts at these dips which will help you more but if you can't then simply hold it.
The downtrend tends to affect people's nerves and also the fact that the prolonged bear market has an effect on both the wallet and the moral of a trader. In such times I feel moving away from the market for a short period of time works wonders. By that time some of your proposed orders will have been completed and you would be delighted to see that you are accumulating the right asset in the right direction.

Liquid money crunch is the problem that one will face in such times. In such cases, just stop buying for sometime and let the market recover. After all you will make money when you sell these assets at the bigger price so you have to wait it out anyway.

The important thing is not to panic sell and exit, that is the test of patience here.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: SpenserReed on June 29, 2022, 03:46:55 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account.

So you mean to forget about it for about 5-10 years?


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ethereumhunter on June 30, 2022, 06:15:21 AM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.
Only people with strong hands can do it, while others will panic seeing market conditions that change every day. Our job is to buy low and sell high and we don't have to look at market conditions every day, especially if we can't control how we feel about a volatile market. Maybe people must leave the market once they can buy at low prices so they won't be swayed by negative news.

I don't even know if this strategy of leaving the market or not monitoring the prices is applicable to emotional investors. I'm sure emotional Bitcoin owners cannot stand a day, even an hour, not checking its price. So it is either they invest with a strong hand and be completely aware of the risks and possibilities of Bitcoin or they will fall to fear and sell when the going gets tough. If somebody cannot help but panic when the market condition is bad, he also cannot help but look at the price every now and then.
I don't think that strategy would work for emotional investors because they might act rashly if something were to happen to the market. They can't think about what they should do and only think about getting out of the market with their money. This is why they can't hold bitcoins much longer because they are easily influenced by what people say. They really need to learn to handle their emotions so that they can be wiser in dealing with ever-changing market situations.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Afterclap on June 30, 2022, 09:54:13 AM
It is useful advice, but when the market is in decline, a dip may be a better option. Although long-term investment in bitcoin is also a good strategy.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: tbterryboy on June 30, 2022, 10:05:52 AM
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.
That is what bitcoin does, it rises and it falls and it repeats. That is the most guaranteed thing you can hear today, even if everything else fails, bitcoin will always go up and down. Which means that we have been down for a while and that should be going up again, it's about time. I am not saying that it will happen today, but let's be honest crypto has been around for a long enough time to know that it will do well in the future.

We need to just stay back, relax and not screw anything up. If you end up doing something that will ruin all the chances we have, then we are going to end up with a big problem and nobody would want that to happen.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: sensimilia on June 30, 2022, 11:24:11 AM
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: noormcs5 on June 30, 2022, 12:13:02 PM
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.

The price of bitcoin was around17,900$ few days ago , and then it moved up to 21,000$ approx. Many people missed to buy at that time but now bitcoin is near 19,000$ and there is likely a chance bitcoin might hit the 17,000$ again.

If anyone don't want to miss again this golden opportunity  to buy, then they should place the buying order at 17,000 and 18,000$. Bitcoin migh make a wick on these low prices before again heading towards 20K+.

Dips are for buying and not for panic selling.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Wiwo on June 30, 2022, 12:31:32 PM
I don't know how ops come about mixing up Bitcoin profits to ethereum, all I can see is he is trying to advise how to sell high and buy low. But in my observation of investments like Bitcoin is that a long time goal is good but then one needs to keep constant contact with the market so that you will. not end up losing everything, must, especially in a volatile market like cryptocurrencies.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: cheezcarls on June 30, 2022, 12:34:57 PM
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).

Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: virasog on June 30, 2022, 12:47:26 PM
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).

Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.

Since no one is a fortune teller and no one can predict the top and bottom of bitcoin, it's best to buy bitcoin on every dip and do the dollar cost average. 
For those who have missed the previous bitcoin rally this might be another or a last chance to jump in, invest in bitcoins and wait for the next all time high which will surely be near the halving.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dataispower on June 30, 2022, 09:36:17 PM
(...)
:) You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.
what are we saying in Bitcoin is that it depends when you invest in Bitcoin especially when bitcoin is down grand, and you purchase Bitcoin after investing in it for long time there is nothing will make you not to make a good profit in it since it's been bought dream The bearish time. Ethereum is altcoin and making profit in altcoin investment eat something that is fair because any cryptocurrency investment altcoins are the ones that gives profit Bitcoin so bitcoin gives for long term holding


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Lanatsa on June 30, 2022, 09:57:34 PM
(...)
:) You may have had success with ETH, but how do you believe it with BTC? Although I am a huge beneficiary in this market as a means to buy other altcoins, it is fair to say that we are benefiting from those who are losing money. And it's like a war, so the winners will see an opportunity in the future that they take for themselves, so it's not for all losers or winners.
what are we saying in Bitcoin is that it depends when you invest in Bitcoin especially when bitcoin is down grand, and you purchase Bitcoin after investing in it for long time there is nothing will make you not to make a good profit in it since it's been bought dream The bearish time. Ethereum is altcoin and making profit in altcoin investment eat something that is fair because any cryptocurrency investment altcoins are the ones that gives profit Bitcoin so bitcoin gives for long term holding
Why would need to choose one if you could have multiple or other coins on your portfolio in speaking on long term? Not all would really be just solely focusing on bitcoin but it cant really be denied that it is one of the most preferred in terms of long term holds but of course there are people or investors who do really find for alternative aside from the main ones.

Its really easy to say that ignoring the dip and go for long term but as a human being then having that anxiety and doubts could really be just a normal situation for you to
experience since we dont want or like to lose money which its understandable on having these kind of reaction.

If you do go for long term then there are other traditional investments we could take, or simply talking about diversification.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: n0ne on June 30, 2022, 10:05:04 PM
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).

Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.

Since no one is a fortune teller and no one can predict the top and bottom of bitcoin, it's best to buy bitcoin on every dip and do the dollar cost average. 
For those who have missed the previous bitcoin rally this might be another or a last chance to jump in, invest in bitcoins and wait for the next all time high which will surely be near the halving.
No one has got the ability to make precise price predictions on the drop and bounce of the market. With cryptocurrency every opportunity needs to be used. Once an opportunity missed will make the user wait for a much longer time period to experience similar market situation. When market is down it is good to do Dollar Cost Average. Investing now will assure profit in the long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: dataispower on June 30, 2022, 10:21:08 PM
Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
what you're saying right now is excellent correct and I found out that it is it the mentality of investors is to get profit and that is why whenever market is on read colour everyone panic to sell in order to make profit and not to involve in Lost, the future of Bitcoin is not predictable and that should be one of the major reasons why no one is supposed to panic and sell when Bitcoin is experiencing red so what you said is reasonable enough for some people not to rush and they sell out their currencies because of sign or a symbol off cryptocurrency falling


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Fivestar4everMVP on June 30, 2022, 10:23:33 PM
The  best thing you can do is to not look at it, even if crypto is going up or down.
I did say this is practically impossible to do as long as you have the wallet that contains that Bitcoins installed, so in other to make this really possible, what i suggest is to delete wallet from phone or desktop after sending Bitcoins to it.
And for the newbies, you should already know that before deleting a wallet, especially one that contains your fund, you should first of all write down your passphrase and verify that it is correctly written, if you make use of private keys, then you should write it down as well (I do not advice copy pasting cus you might end up pasting it i the wrong place) and keep it or both in a safe place, some place you dont visit often but sure that whatever you keep there remains there and as it is kept until you come back for it.

For me, this is one of the ways or the only way not to look at your Bitcoins when price is going either up or down.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: usekevin on June 30, 2022, 10:32:17 PM
Bitcoin was good coin for the long term,their was no doubt in that.You should handle your emotions in the trading platform.The coin price will reduce for the sure ,at that time you need to hold for the longer period.When the people look for the short period of time,then gambling can be tried.But the trading need of huge patience.It may increase in short period or longer period.So hold till the price of the coin recovered to normal value or above brought price.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Frengki_cisco on July 01, 2022, 03:56:47 AM

 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
I will not buy with the current state of the market, I will ignore the decline in the crypto market any longer, at least in 2023, whatever happens is my choice.

I realized the failure that I had experienced in 2019, where Bitcoin stood at $6000 for a long time, and I never touched it, so I don't want to miss it this time and fail again.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: jaberwock on July 01, 2022, 06:43:15 AM
I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.
That is what bitcoin does, it rises and it falls and it repeats. That is the most guaranteed thing you can hear today, even if everything else fails, bitcoin will always go up and down. Which means that we have been down for a while and that should be going up again, it's about time. I am not saying that it will happen today, but let's be honest crypto has been around for a long enough time to know that it will do well in the future.

We need to just stay back, relax and not screw anything up. If you end up doing something that will ruin all the chances we have, then we are going to end up with a big problem and nobody would want that to happen.
The cycle seems to be a difficult one these days. We dropped under 20k all over again in a single move, all it took was a whale and that is why we are down again. It means that the cycle gets stuck sometimes. Yes it does go up and down and that is cliche and that is known.

However, how about the fact that sometimes it goes up and down more than 50%+ and that is a volatile period and we are used to that, but at the same time there are times when it goes up and down under 10% difference like these days? In that situation I feel like it's stuck and can't move, it goes up 10% and then goes down 10% and that's it, which is nearly stable compared to what crypto can do. That's the part people dislike the most.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Silberman on July 01, 2022, 04:16:35 PM
The  best thing you can do is to not look at it, even if crypto is going up or down.
I did say this is practically impossible to do as long as you have the wallet that contains that Bitcoins installed, so in other to make this really possible, what i suggest is to delete wallet from phone or desktop after sending Bitcoins to it.
And for the newbies, you should already know that before deleting a wallet, especially one that contains your fund, you should first of all write down your passphrase and verify that it is correctly written, if you make use of private keys, then you should write it down as well (I do not advice copy pasting cus you might end up pasting it i the wrong place) and keep it or both in a safe place, some place you dont visit often but sure that whatever you keep there remains there and as it is kept until you come back for it.

For me, this is one of the ways or the only way not to look at your Bitcoins when price is going either up or down.
It is not a bad idea that could work for some people, but personally I prefer to look at the price once in a while as a way to keep myself informed about what it is happening and how the market is moving, however this is something that we can do because we have already survived a bear market, basically what it is happening is not something that is new to us and as such we have better self-control than someone that is experimenting a bear market for the first time, so we can avoid taking those measures and still not panic at all.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: virasisog on July 01, 2022, 05:51:38 PM
The  best thing you can do is to not look at it, even if crypto is going up or down.
I did say this is practically impossible to do as long as you have the wallet that contains that Bitcoins installed, so in other to make this really possible, what i suggest is to delete wallet from phone or desktop after sending Bitcoins to it.
And for the newbies, you should already know that before deleting a wallet, especially one that contains your fund, you should first of all write down your passphrase and verify that it is correctly written, if you make use of private keys, then you should write it down as well (I do not advice copy pasting cus you might end up pasting it i the wrong place) and keep it or both in a safe place, some place you dont visit often but sure that whatever you keep there remains there and as it is kept until you come back for it.

For me, this is one of the ways or the only way not to look at your Bitcoins when price is going either up or down.
It is not a bad idea that could work for some people, but personally I prefer to look at the price once in a while as a way to keep myself informed about what it is happening and how the market is moving, however this is something that we can do because we have already survived a bear market, basically what it is happening is not something that is new to us and as such we have better self-control than someone that is experimenting a bear market for the first time, so we can avoid taking those measures and still not panic at all.

I had a bad experience of not checking the price of my long-term investment. My mistake was I missed the chance of selling my Bitcoin at its high peak. I've learned that even if we say that it's a long-term investment, it doesn't mean that we don't have to monitor it. Setting a target selling price will help so we won't panic when the market crashes. It's a matter of conditioning our emotions and having the right mindset when it comes to monitoring our investments.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Mauser on July 02, 2022, 10:13:30 AM
This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I fully agree with you, buying right now is a much better idea than to sell our coins. Everybody who is selling now will drive prices lower and makes the bear market worse. And everybody who is buying now will help to make the bear market less severe and help bitcoins to recover. The small transactions most of us do don't have a big impact, but if we all work together we can influence the price also. The best thing to do during the bear market is to hold out and wait for prices to recover. I made the mistake one time in my life to sell to early and missed out on the last bug rally. Not going to fall into the same trap again. We should be buying when the prices are low and selling when prices are high, not the other way round. Who cares in a few years if you bought bitcoins at 18, 21 or 25,000 USD.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: danadc on July 03, 2022, 04:59:09 PM

 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
I will not buy with the current state of the market, I will ignore the decline in the crypto market any longer, at least in 2023, whatever happens is my choice.

I realized the failure that I had experienced in 2019, where Bitcoin stood at $6000 for a long time, and I never touched it, so I don't want to miss it this time and fail again.
If you have money you can buy little by little and not spend all your money buying at once, the best investments have to be made waiting a long time, if you see the purchase of bitcoin as putting money in a bank, it is the best thing you can do, when we put money in a bank we hope to have more profits, but the danger is that if the money falls in value or suffers from inflation as it is happening, the best option in the long term is bitcoin because for me it is the money of the future and what does it have favorable behavior over time.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: kelonmusk on July 03, 2022, 11:41:34 PM
I read some statements that when we want to get diamonds, be patient because by making long-term investments, we can get big profits differently if we make short trades, we will only get small returns with the same capital. long term because our mental and emotional will be spurred when doing daily trading so that big mistakes can occur, that's where patience is very important in us making any investment, especially in crypto with high price fluctuations.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Stacaato on July 04, 2022, 05:18:15 AM
That is the key for long term investments - to ignore the short term market fluctuations. Markets are turbulent by nature, and volatility is to be expected from time to time. Be consistent with your investment aim and risk profile. It will help you achieve your long-term goals while also making the journey more enjoyable.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: worle1bm on July 04, 2022, 05:40:47 AM
I read some statements that when we want to get diamonds, be patient because by making long-term investments, we can get big profits differently if we make short trades, we will only get small returns with the same capital. long term because our mental and emotional will be spurred when doing daily trading so that big mistakes can occur, that's where patience is very important in us making any investment, especially in crypto with high price fluctuations.
Day trading is not everyone's cup of tea and you need to have experience for it and observe the market carefully and can loose funds with single wrong move so it's said that it you don't want to indulge in these skillful practice then simply hold or invest during dips but for long term say 3-4 years as the past chart says your returns will be good in long term but talking about btc only here.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: gunhell16 on July 06, 2022, 03:27:37 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I cannot ignore the dip, because there are a lot of the altcoins out there in the market that has a potentials, they might have a cheap price for now but its a good chance for me to buy them
then hold in the long term. While Bitcoin was really good to hold for a years because for it is a good investment.

I read some statements that when we want to get diamonds, be patient because by making long-term investments, we can get big profits differently if we make short trades, we will only get small returns with the same capital. long term because our mental and emotional will be spurred when doing daily trading so that big mistakes can occur, that's where patience is very important in us making any investment, especially in crypto with high price fluctuations.
Day trading is not everyone's cup of tea and you need to have experience for it and observe the market carefully and can loose funds with single wrong move so it's said that it you don't want to indulge in these skillful practice then simply hold or invest during dips but for long term say 3-4 years as the past chart says your returns will be good in long term but talking about btc only here.

Doing day trading activity at the present time now is not advisable in my own opinion, especially if you are not that knowledgeable in the crypto trading.



Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: electronicash on July 06, 2022, 03:42:01 AM

same here. i can not ignore the dip that i have to sell my BTC to expect another dip. we know the market follows a recovery cycle which is why people are also selling.  if they are buying, that's the time its good to buy as well. if you start DCAing today, that means you really have the money to sustain yourself despite the price continue declining.  we have different preferred strategy but a short term traders would rather by buying at $30k-$35k again as long as the market will not go against their trade.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BALIK on July 06, 2022, 04:26:43 AM
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.
Yes, so don't ignore the dip. When the bitcoin price is going down, we should not sell our bitcoin, but we should buy more bitcoin when the price is going down. the market will repeat will go up and down and always will, should not miss any moment. As long as you do not act in a manner that is contrary to the "buy low, sell high" rule of investing, you should be fine. The dip market is an opportunity not always available, it will be a long time before we can meet again, so don't miss it.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: GigaBit on July 06, 2022, 04:33:04 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
You were really lucky because you bought from Dip and sold at almost the highest level. Many of us who are investors cannot survive in the bearish market. They often sells having lose but can't hold. Which is accepted as the biggest reason for losing assets. It is true that always we will not get the dip as well as sell it to the high. So I think it makes sense to make a quick decision through research.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Crptomagma on July 06, 2022, 08:02:16 AM
Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: smartaction on July 06, 2022, 09:12:56 AM

same here. i can not ignore the dip that i have to sell my BTC to expect another dip. we know the market follows a recovery cycle which is why people are also selling.  if they are buying, that's the time its good to buy as well. if you start DCAing today, that means you really have the money to sustain yourself despite the price continue declining.  we have different preferred strategy but a short term traders would rather by buying at $30k-$35k again as long as the market will not go against their trade.
I already bought 1 Bitcoin at the price of $20k. I don't know if this is a wrong move for me. And I don't even know if we'll see Bitcoin more dip. But whatever it is, I will hold them tightly. I left the rest to my fate. But I don't think it will disappoint me. So I'm not scared yet.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Cryptmuster on July 06, 2022, 10:13:57 AM

I already bought 1 Bitcoin at the price of $20k. I don't know if this is a wrong move for me. And I don't even know if we'll see Bitcoin more dip. But whatever it is, I will hold them tightly. I left the rest to my fate. But I don't think it will disappoint me. So I'm not scared yet.

Have you decided to invest all your funds now, without dividing them, in order to leave a reserve in case of a further fall? On the one hand, if the investment is long-term, then it will bring profit, perhaps in a year, two or more. But on the other hand, if the price drops further and reaches 15k or 10k, then you would have a chance to buy more bitcoin. I do not know if there is a right or wrong strategy for such investments, it will be clear only after a while.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: |MINER| on July 06, 2022, 04:12:06 PM

I already bought 1 Bitcoin at the price of $20k. I don't know if this is a wrong move for me. And I don't even know if we'll see Bitcoin more dip. But whatever it is, I will hold them tightly. I left the rest to my fate. But I don't think it will disappoint me. So I'm not scared yet.

Have you decided to invest all your funds now, without dividing them, in order to leave a reserve in case of a further fall? On the one hand, if the investment is long-term, then it will bring profit, perhaps in a year, two or more. But on the other hand, if the price drops further and reaches 15k or 10k, then you would have a chance to buy more bitcoin. I do not know if there is a right or wrong strategy for such investments, it will be clear only after a while.
Here we can't even say that Bitcoin will come in 15k or 10k.  It cannot be said that it can go down.  Again, it may give a good bull-run from the vicinity of the current position. I applaud her move, if she holds it long term it will definitely be her 2x 3x profit.  And I wouldn't call this strategy wrong, I would say wrong when he was investing in shitty altcoin since he has invested in bitcoin. I don't think there is any possibility of a risk here. 


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Bitstar_coin on July 06, 2022, 04:44:53 PM
Truth is many investors don't have a long term investment goal otherwise this dip would appear as a great opportunity rather. Even though btc since time of existence has surpass previous ath whenever the bear season ended people are still in doubt.
I think it is time the crypto community have a long term goal and stop panicking during bear season.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Rigon on July 06, 2022, 05:40:45 PM
If you can hold on to Bitcoin for a long time by investing in Bitcoin right now, then you can have enough money at one time.As you can see, Bitcoin was at a maximum of $69k.Then we think maybe Bitcoin will never go down again. But slowly Bitcoin has come down again It can be said with certainty that Bitcoin will be in a good position, but there may be a need for time.However, I would say that those who want to invest should invest in this instant market and hold on to it in the long run.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: blackened515 on July 06, 2022, 05:57:27 PM
Certainly, the price of Bitcoin will surely rise, and possibly hit a new ATH. What most people lacks is probably the ability to be patience enough to hold up to their Coin during the dip. Although, ignoring the dip is usually not easy. But, Bitcoin price will be sky rocketing to the moon anytime sooner or later. We all have to accumulate more coin, we might not be privilege to witness Bitcoin fall before $20k again. The rule of making profit from Cryptocurrency is simple, "Buy low, be patience and sell high .


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: KennyR on July 06, 2022, 06:07:24 PM
Right now it is time to ignore the market trend. People always want bitcoin to be on the bullish side. When the market turns on the opposite way, there arises fear. This fear over the market is common. In the past whales play wise and use it an opportunity to acquire more bitcoin at lower price. Now this isn't experienced much as people don't get into panic selling.
Right now it is time to enjoy without watching the charts. What we invest will surely give good returns in the long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Cryptmuster on July 06, 2022, 06:42:03 PM
Here we can't even say that Bitcoin will come in 15k or 10k.  It cannot be said that it can go down.  Again, it may give a good bull-run from the vicinity of the current position. I applaud her move, if she holds it long term it will definitely be her 2x 3x profit.  And I wouldn't call this strategy wrong, I would say wrong when he was investing in shitty altcoin since he has invested in bitcoin. I don't think there is any possibility of a risk here. 


I said, "if it drops to 15k or 10k", because such a possibility cannot be ruled out either. Yes, that's right, even if you buy now you will receive a profit from this investment, the only question is how long you will have to wait before the bull market begins.

If you are talking about risks, then you cannot say that this investment is without any risks. Risks are always present, we can talk a lot about it...


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: FlamingFingers on July 06, 2022, 07:04:29 PM
(...)
:) You may have had success with ETH, but how do you believe it with BTC?
The price of bitcoin when ethereum was at $700 then was not up to $20k, imagine having the guts to buy bitcoin when it was at sub 20k and selling at around 50-60k, isn't that a huge amount of profit? The best coin to have believe in and that one can bank on 100% is bitcoin, others are just there to follow and only few of them will live to survive most especially during this bear season


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Baofeng on July 07, 2022, 09:29:03 AM
Not just ignore, but if we see others preaching and saying that bitcoin is dead then that is the perfect opportunity to buy, hehehe. Just like in the past, 2018 bearish cycle, we've heard perma bears coming to live and try to destroy bitcoin, and i would say that they are successful because many have sold that time and pull the price. But moving forward to 2021, we have a new all time high. So this cycle will repeat all over again. Invest right now in this bear market and hold and wait for 2024-2025.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ChrisPop on July 07, 2022, 09:47:44 AM
Not just ignore, but if we see others preaching and saying that bitcoin is dead then that is the perfect opportunity to buy, hehehe. Just like in the past, 2018 bearish cycle, we've heard perma bears coming to live and try to destroy bitcoin, and i would say that they are successful because many have sold that time and pull the price. But moving forward to 2021, we have a new all time high. So this cycle will repeat all over again. Invest right now in this bear market and hold and wait for 2024-2025.

It is the same old recipe - buy when there is blood on the streets. Right now people are under pressure with debt burden rising rapidly and lay-offs causing drops in income --> people are forced to sell assets. Many times they will do it at a considerable loss even if it is painful.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 07, 2022, 11:40:49 AM
Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....
Only people who don't know investment methods want to get rich immediately after making an investment in a number of things including the matter of choosing cryptocurrencies. And I think that kind of person will never succeed in his investment if he still wants wealth in a moment because in every investment it is very clear that it requires patience as you said.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BobK71 on July 07, 2022, 05:51:34 PM
According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders. We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well. So it doesn't matter in which price you buy bitcoin, they will not lose what I believe. Those who have not yet purchased Bitcoin this is the right time for them to purchase it and should be hold for long time.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Webetcoins on July 07, 2022, 06:12:54 PM
I already bought 1 Bitcoin at the price of $20k. I don't know if this is a wrong move for me. And I don't even know if we'll see Bitcoin more dip. But whatever it is, I will hold them tightly. I left the rest to my fate. But I don't think it will disappoint me. So I'm not scared yet.
Have you decided to invest all your funds now, without dividing them, in order to leave a reserve in case of a further fall? On the one hand, if the investment is long-term, then it will bring profit, perhaps in a year, two or more. But on the other hand, if the price drops further and reaches 15k or 10k, then you would have a chance to buy more bitcoin. I do not know if there is a right or wrong strategy for such investments, it will be clear only after a while.
I have about the same situation. I have an income, which is why I really do not expect the situation to be getting any worse, and if it does then I would use some of my income. It's a salary basically, every 1st of every month I get my salary, and by 1st of July if it's lower (tbf even if it's higher) I will buy some more.

This is enough for me, hence why I am 100% fully in right now. I know it's not an ideal situation but at the same time it's not going to be that difficult of a situation neither. Just focus on what you can do, and ignore all the things you can't do, that way you will be able to go all-in and not have any type of worry in your mind at all.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ReiMomo on July 07, 2022, 06:22:24 PM
According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders. We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well. So it doesn't matter in which price you buy bitcoin, they will not lose what I believe. Those who have not yet purchased Bitcoin this is the right time for them to purchase it and should be hold for long time.

Those who are in trading for years, might know, investing on Bitcoin for a long term would bring in lump of profits than going on a short term. Bitcoin's current price is so good to buy now than waiting for to buy when the price goes down. We are almost 70% down the market when compared to last year ATH hitting $63k. So, obviously the next pump is going to be huge and the next ATH is going to be above $63k one day or other day if not in near future. So its going to  bring in huge profits when its held on a long term. Hence yes its a good advice to go for a long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: harapan on July 07, 2022, 06:32:49 PM
If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: YOSHIE on July 07, 2022, 06:47:58 PM
This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
My belief is still at 25%, not 100% yet, for the right time to invest in Bitcoin, it looks like the analysis and prediction will continue until the middle of 2023, my understanding.

But everyone has their own way of thinking the best time to invest in Bitcoin, long term is certainly a good choice, but I have experience when the Bitcoin market is like it is today.

At that time Bitcoin was traded for $10k, making some people rush, they thought it was the cheapest, it wasn't, many investment people cried Bitcoin touched the level of $6000, panic is not playing, many of them did not have the patience to finally sell, die, the year broke again to the $60k level, what can I say, all in vain the savings were empty.

Bottom line: some experience has hinted, for sure everyone has their own beliefs about Bitcoin now and in the future.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Hispo on July 07, 2022, 07:31:45 PM
If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.

Anyone here should be aware of the cycles Bitcoin and the cryptocurrency market goes through, so a bear market like you just made reference to is not a weird thing.

Perhaps, what one needs to do in order to be an intelligent investor is to know how balance greed with an strategy. I don't believe one can get rid of greed completely in this kind of market, rather than that it is about control of greed for the sake of one's finances. To avoid mistakes.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: KingsDen on July 07, 2022, 07:57:39 PM
If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.
You stated the fact and it is in agreement with Op. With my little knowledge of the bitcoin chart, there is no sign of massive upward movement soon. Unless a sudden fundamental will happen to trigger the run.

That is why Op has advised that your investment in bitcoin in this period should be for a long term purpose. So, even if you can't buy once, try DCA till we get to the bottom.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: livingfree on July 07, 2022, 09:39:42 PM
If you can hold on to Bitcoin for a long time by investing in Bitcoin right now, then you can have enough money at one time.As you can see, Bitcoin was at a maximum of $69k.Then we think maybe Bitcoin will never go down again. But slowly Bitcoin has come down again It can be said with certainty that Bitcoin will be in a good position, but there may be a need for time.However, I would say that those who want to invest should invest in this instant market and hold on to it in the long run.
We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: lalabotax on July 07, 2022, 09:47:54 PM
My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. -snip-
This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.
I also have the same strategy, buy when there is a dump and sell it when there is a pump. But sometimes I keep it for a long term, I hold 2-3 years (selling at the bullrun season).

Yes, this bearish season is the right time to buy because the price of most crypto coins is at the lowest rate. We can buy for a short-term holding, or for a long-term holding (selling at the next bullish season). In this bearish season, people's demand for crypto is decreasing, it will increase again when the bullrun season is coming. It looks like to happen in 2024-2025.



Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Kelvinid on July 07, 2022, 10:48:18 PM
We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.
It is to say that we can just ignore the market cycle up and down. We thought that last year Bitcoin will continue to grow as the adoption is also increasing but guess what, sudden drops occur and many people say I was wrong. But the good thing is that we see the market is calm, I couldn't even see massive selling (panic), and I think these newcomers had already learned how to handle their emotions and have a positive mindset knowing that the market will soon recover. Thus, instead of selling, people had find this situation to accumulate more and get ready for the upcoming bull season.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Fernando Gomez on July 08, 2022, 07:55:24 AM
Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: livingfree on July 08, 2022, 02:13:03 PM
We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.
It is to say that we can just ignore the market cycle up and down. We thought that last year Bitcoin will continue to grow as the adoption is also increasing but guess what, sudden drops occur and many people say I was wrong. But the good thing is that we see the market is calm, I couldn't even see massive selling (panic), and I think these newcomers had already learned how to handle their emotions and have a positive mindset knowing that the market will soon recover. Thus, instead of selling, people had find this situation to accumulate more and get ready for the upcoming bull season.
I've said about the corrections.

If you're a holder and investor that have been long on holding bitcoin, there's really no need to think about it but only about bitcoin.

It's the correction that makes everyone worried and pressured because any worrying thought is coming if you keep on noticing it.

That's why it's best to ignore the corrections and just execute your plans of stacking.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Oneandpure on July 08, 2022, 02:39:00 PM
According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders. We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well. So it doesn't matter in which price you buy bitcoin, they will not lose what I believe. Those who have not yet purchased Bitcoin this is the right time for them to purchase it and should be hold for long time.
Loser coming from hold botcoin on all time high price and looks not worth because drop more than 50% from bitcoin price $60,000 and right now drop to $20,000. But right now many people try keep holding bitcoin when have chamce with dip price and have chance get bitcoin back to the top price. I think not matter if keep hold bitocoin right now with price still drop than all time high and keep give much profit later if brave hold bitcoin. But some investor still worry what happen witj world economic inflation and have possibility with bitcoin price will drop again.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: laurenB7742 on July 08, 2022, 02:55:59 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I cannot ignore the dip, because there are a lot of the altcoins out there in the market that has a potentials, they might have a cheap price for now but its a good chance for me to buy them
then hold in the long term. While Bitcoin was really good to hold for a years because for it is a good investment.

As a true investor, we must not ignore the bear market because it is an opportunity that is not always present. This is a great opportunity to buy some of our favorite coins at a highly discounted price, and we should take advantage of it.
 
The OP's point here is that a bear market is not the time to panic and sell our assets to the sharks for cheap. He advised us to continue buying and not to sell anything during the bear season, only selling during bull season.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: DeathAngel on July 08, 2022, 04:24:39 PM
Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: savetheFORUM on July 10, 2022, 07:23:56 PM
Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....
Only people who don't know investment methods want to get rich immediately after making an investment in a number of things including the matter of choosing cryptocurrencies. And I think that kind of person will never succeed in his investment if he still wants wealth in a moment because in every investment it is very clear that it requires patience as you said.
There are so many people who think that they could get away with doing something they shouldn't. It has always been a problem and I believe that it will stay a problem for a long long time. I know for a fact that it is going to be a trouble for people who wake up and expect to be rich, but they will keep on doing that.

Bitcoin is not the method you make enough money to call yourself rich overnight, this isn't some "get rich quick" scheme you fall into. This is a legit investment chance, and you get rich overtime in many years. You invest now, and you retire 10 years later, and that's a better deal than anything else, not tomorrow, 10 years later but still the best deal.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Newlifebtc on July 10, 2022, 09:57:59 PM
Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.
no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Dunamisx on July 10, 2022, 10:14:36 PM
According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders.

There's low or zero risk to holding bitcoin over a long time, this is one of the real time high benefits investor derived from their investment on it, the longer it is the lower the risk, a food example to serve as prove is the record history on the volatility and price over previous years and how lot have make good opportunity out of it through their investment, quite alright we can assume that some has recorded losses as well due to wrong timing or inability to understand the trends in bitcoin and it price speculation which is as a result of their personal error.

We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well.

This is of course certainly going to happen, before the next halving things might slightly change but after the halving then the price rises to make a new ATH over the previous.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: cloudfir3e on July 11, 2022, 02:23:49 AM
Bitcoin investing in the long term is just like gold.
Bitcoin is widely believed to be a store of value asset to overcome the dynamics of the global economy, including inflation, which has succeeded in bringing the price up tremendously.
Bitcoin investment is quite interesting to do in the long term, because bitcoin only has 21 million coins available so the less supply and high demand makes the price continue to move up.
Bitcoin is also increasingly in demand as an investment asset because it has a history of being able to maintain value amidst economic turmoil, and a lot of bad news about bitcoin circulating.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: jakelyson on July 11, 2022, 03:13:29 AM
Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

That is actually true. Even if you bought on the peak of 2017, you are still breakeven now if you did not sell on the ATH last year.

That is why you should not be sleeping on bears and dips. This is the perfect opportunity to accumulate crypto, especially bitcoin, when everything is cheap or on-sale. Now is the time to get hold of all the crypto that you can and when the next all time high comes around, that is the time you start cashing out. And then, as he said, since it is a cycle, rinse and repeat.

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.
no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.

Mostly, those are the ones who joined crypto during the hype or ATH. They do not have understanding of the fundamentals of crypto and just in for the money.  But when the hype is over and the price starts correcting, they are the first to sell on the bottom. But the real crypto investors know when to enter and exit crypto market. Those are the ones we should follow. 


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Ebede on July 11, 2022, 06:47:35 PM
Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 15, 2022, 04:11:46 PM
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: minime0105 on July 15, 2022, 11:28:32 PM
People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: blockman on July 15, 2022, 11:55:31 PM
People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit
That's what they think and that's the strategy that has in their mind. There's nothing wrong with that strategy that they'll only jump in the ship when the trend is up and the market is showing positive charts again. They just have to do what they think is right and applicable to them.
While us, we know what's the real trend and growth for bitcoin so we do all ignore negative news and anything these experts say about bitcoin and we just do our thing silently by accumulating.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: ivankoh on July 16, 2022, 03:34:08 PM
Ignore the dip market = The condition when the market is no longer under short selling pressure is said to be a good long-term investment opportunity, including the benefit of being in a good position for the next bull run, or simply picking and enjoying it in its own way.  The move to holding btc in a bear market will define the long-term price growth structure.  The phase of holding btc and building a plan is now!


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Oasisman on July 16, 2022, 03:40:19 PM
People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

Again, easier said than done. I knew some of the people who has been in crypto for like 3-4 years but still afraid of the dip.
They usually buy when Bitcoin is in an upward trend. They said they are just making sure Bitcoin recovers.
That kind of mindset is kinda weak, but I understand their sentiments. They are just not the kind of investors who had a good risk appetite and only had a slight idea what Btc is.
Can't blame them though, they still contribute to cryptospace.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: 0verseer on July 16, 2022, 04:18:31 PM
People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

Again, easier said than done. I knew some of the people who has been in crypto for like 3-4 years but still afraid of the dip.
They usually buy when Bitcoin is in an upward trend. They said they are just making sure Bitcoin recovers.
That kind of mindset is kinda weak, but I understand their sentiments. They are just not the kind of investors who had a good risk appetite and only had a slight idea what Btc is.
Can't blame them though, they still contribute to cryptospace.
It don't think it could be called a weak mindset. They're very smart, only invest after a strong recovery sign showing the market is indeed back to a bull run. Impatient and bought in the first dip doesn't seem like a good idea to me. You saw how many have said $30k is the lowest for BTC and everyone should buy in the $30k dip? Even right now, BTC is over $20k and not many investors are so sure about this is the dip, the lowest.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Codswallop on July 18, 2022, 10:39:53 AM
As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 21, 2022, 09:10:49 AM
As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.
Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BlockchainMentors on July 22, 2022, 01:01:07 PM
This is a very good advice but if you would have taken bitcoin instead of ethereum then you would have benefited a lot because by 2016-2021 the price of bitcoin has seen a lot of jump and could make you a millionaire too. Anyway, leave it


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: len01 on July 22, 2022, 02:11:51 PM
As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.
Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.
it all comes back to yourself how to treat bitcoin, for the long term or for the short term.
all of them are equally good just different in the profit is much more when held for longer.
and i saw the bitcoin price change in recent days from $20,000 to $24,000. this is one example of indeed investing in bitcoin is very profitable, whether it's short term or long term. and i think now is the right time to buy bitcoin after that hold it for the long term and hope the price will hit ATH


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: arwin100 on July 22, 2022, 02:44:09 PM
As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.
Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.

There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.

People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: taufik123 on July 22, 2022, 03:38:23 PM
There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.

People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
Determination of the target price and time period must be determined from the beginning of the investment. this is a commitment in investment, if Bitcoin investment is to be carried out for the long term, then money management really must be prepared, as well as the psychology of long-term investment.
Don't let it just take some time to even sell it. Long-term investment requires strategic maturity and must be in accordance with the initial target.

To support long-term investment, you can also apply the DCA Strategy, now this is the need to do financial management, buy some bitcoins at dip prices to add long-term bitcoin assets and increase profit opportunities.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 24, 2022, 08:26:34 AM
it all comes back to yourself how to treat bitcoin, for the long term or for the short term.
all of them are equally good just different in the profit is much more when held for longer.
and i saw the bitcoin price change in recent days from $20,000 to $24,000. this is one example of indeed investing in bitcoin is very profitable, whether it's short term or long term. and i think now is the right time to buy bitcoin after that hold it for the long term and hope the price will hit ATH
There is nothing wrong with what you say and I've only been trading with altcoins and trying to keep Bitcoin as a long term investment. Because I also want to get more profit from Bitcoin and enjoy the benefits of daily trading for my current life. Although in general I have also benefited from Bitcoin because I bought it at a price of $20k before increasing to $24k as you said.

There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.

People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.
What you say is also true because everyone who has researched about Bitcoin will surely find many unique and interesting things and it will also make them to explore Bitcoin in more depth and to get it in various ways. And if it's for investment purposes for a certain time, I think it still depends on each person's attitude and belief in Bitcoin.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: smartaction on July 24, 2022, 03:18:32 PM
It was bullish for bitcoin and all-time-high was attained. In 2020, there was a time bitcoin was below $4000. In 2021, there was a time bitcoin was above $65000. It was a great passive profit making means for many people, people that hold at the time.

Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
Yes it is true. I believe that bitcoin again will reach $100k maybe it will take a long time but it is possible. i bought 1BTC some weeks ago at the price of $20k and i am holding it. i will never sell it by panic. my plan i will hold it minimum of 2 years or more. if is feel a good market beehive.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Newlifebtc on July 24, 2022, 10:23:23 PM
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
People who hold cryptocurrency is just people that I have the ability to lose whatever they have because without being a risk taker you cannot invest into cryptocurrency and make it because it is an investment that or call into way positive and negative reactions which bitcoin can fall into. Holding a coin I believe that it is something that you can as well take the risk when coins falls


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: stadus on July 24, 2022, 11:22:54 PM
It was bullish for bitcoin and all-time-high was attained. In 2020, there was a time bitcoin was below $4000. In 2021, there was a time bitcoin was above $65000. It was a great passive profit making means for many people, people that hold at the time.

Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
Yes it is true. I believe that bitcoin again will reach $100k maybe it will take a long time but it is possible. i bought 1BTC some weeks ago at the price of $20k and i am holding it. i will never sell it by panic. my plan i will hold it minimum of 2 years or more. if is feel a good market beehive.

That was certain it becoming more valuable in the coming years. Those who invest now are hoping not for luck but they believe that someday Bitcoin will have its ATH again and this upcoming halving could be the most awaited part of the crypto world. As being a part of the two halvings, I can really say that prices are expected to rise without control and make investors and holders gain a lot of profit which makes them think and proved that crypto investment is not a failure but a success.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: danadc on July 25, 2022, 04:06:02 PM
For people who ignore the fall in price and buy bitcoin, at least for me they have all my admiration, I would like to have money to buy all the bitcoin I could, because those people who buy bitcoin right now is because they know that the price will rise to new levels, and you will have millionaire profits, and from now on I congratulate you because there will be many new millionaires, and that is what I call buying intelligently, every investment consists of time and this time is just that to be a millionaire, so yes the sorrow.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Gosgosking on July 25, 2022, 04:47:48 PM
The problem people normally have when they invest they found it so hard to forget about their investment and hodl,  they think how to get profits all the time from their investment, hodling seems so impossible because the mindset of making money so quickly is ringing in the heart.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Ebede on July 25, 2022, 09:35:01 PM
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
I know that not everyone can hold crypto currency for long time but all the investment to take place you have to hold cryptocurrency for long periods so that you can make a good gain and again cryptocurrency is investment we have to give for a long time before we can make a good advantages of it from prophet full the best opportunity to buy bitcoin and the any other coin is when the value is low


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Finestream on July 25, 2022, 09:40:24 PM
The price of Bitcoin has come down one step again, hopefully it will come down further. The fall in the price of Bitcoin will create a golden opportunity for investors. So invest some of your capital in Bitcoin at your convenience. Make good money.
Yes, so don't ignore the dip. When the bitcoin price is going down, we should not sell our bitcoin, but we should buy more bitcoin when the price is going down. the market will repeat will go up and down and always will, should not miss any moment. As long as you do not act in a manner that is contrary to the "buy low, sell high" rule of investing, you should be fine. The dip market is an opportunity not always available, it will be a long time before we can meet again, so don't miss it.
Ignoring the dip is like missing another opportunity again. Instead, make a good move while the market is giving you chances to make it. And when you start making your move, always prioritize bitcoin more than other coins. If you can maximize your purchase with bitcoin, that's great, as long as you never invest more than you can afford to lose. And when you say long term hodling, train yourself not to be bothered by any price crashes in the future.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Viscore on July 25, 2022, 09:53:25 PM
I just don’t mind the dip anymore as I am now committed to buy Bitcoin every month through the traditional old-school dollar-cost averaging (DCA) method. BTC is for long term and I have regretted not doing DCA with it before because of being complacent with various altcoins (especially the pump and dump ones).

Regardless of the price right now, I’ll just keep buying every month with my extra “not beer” money.
That's certainly a good move, consistently buying bitcoin with extra money. At least, you have nothing to worry if bitcoin price will face a big crash in the future. However, if you can maximize your purchase when the market is deeply bearish, and that bitcoin price is in a big sale, that way you will make an edge and you will save much of your funds. In the end, everyone is free to choose in which strategy they feel more convenient to use.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: MiF on July 26, 2022, 03:26:07 AM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 26, 2022, 05:58:40 AM
People who hold cryptocurrency is just people that I have the ability to lose whatever they have because without being a risk taker you cannot invest into cryptocurrency and make it because it is an investment that or call into way positive and negative reactions which bitcoin can fall into. Holding a coin I believe that it is something that you can as well take the risk when coins falls
Of course, every risk must be understood by everyone before making a decision because basically everyone has to start with research before making a wise decision.
So those who are willing to invest with Bitcoin and any cryptocurrency, of course they are willing to lose and understand the risks first before putting some money into any investment.

I know that not everyone can hold crypto currency for long time but all the investment to take place you have to hold cryptocurrency for long periods so that you can make a good gain and again cryptocurrency is investment we have to give for a long time before we can make a good advantages of it from prophet full the best opportunity to buy bitcoin and the any other coin is when the value is low
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: TopT3ns on July 26, 2022, 06:14:29 AM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
Unfortunately no one knows what the lowest price point is because when the price of bitcoin fell at the price of $30k they considered it to be the lowest point price but it didn't, the price of bitcoin fell back to the price of $20k it was very surprising for traders and investors, so if you want to invest at least the money used is not going to be used in the long term so that when the price collapses at any point you don't feel pressured, if you look at the history of price movements Bitcoin is very good for long-term savings or savings.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: harapan on July 26, 2022, 04:20:43 PM
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won.

I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: kamvreto on July 26, 2022, 04:44:39 PM
It's obvious because holding cryptocurrencies longer, can provide a greater chance of profit for everyone who does it. But what needs to be understood here is that there are no guarantees specifically for those who have held cryptocurrencies longer. Because there are also people who have only briefly held cryptocurrencies, they have already benefited, although the amount is slightly different from those who hold them for too long. But if you look at the time they have used, then both can be said to have won.

I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.

long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Lordshiva on July 27, 2022, 04:34:58 AM
The question is, could everyone do this? No, and not only do they fail to do this, many in fact do the exact opposite. Isn't it that we are told to buy low and sell high? But many are actually buying when there's a surge in price because they FOMO and sell when there's a big correction because they panic. If only people would begin to be strong enough to buy the dip, corrections would cease to be what it is right now, a time for panic selling.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: harapan on July 27, 2022, 07:11:47 AM
long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.

You should know all the details of the investment that you are wanting to get into. Like I stated earlier, long term investments are what yields maximum profits and to be able to reap in the benefits, one should be able to invest and be patient with your investments for it to brings in the return on investment and thereby making some profits.
Also, while investing, (either long or short term investments), it’s always advisable to use spare money set aside and not money meant for other important things. You don’t use your rent money to invest with the hope that you’re going to get your rent money back along with some profits. Most people in that category end up heartbroken after losing everything.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Jo_Liu on July 27, 2022, 10:18:45 AM
Totally agree it is a long-term investment! What matters is HOW LONG? This is the vital point especially for those beginners, who are so afraid they would lose money, care for instant lose or win, and would totally panic when loss occur. Cryptocurrency exchanges, more so than stock exchanges, are vulnerable to being hacked and becoming targets of other criminal activity. Security breaches have led to sizable losses for investors who have had their digital currencies stolen, spurring many exchanges and third-party insurers to begin offering protection against hacks. Risks sometime is the thing cannot be taken by investors.
As for using profits made from Bitcoin to invest in other altcoins, I really don't think a newbie like me can pass this. Hahaha, Bitcoin hurts me once, which need time to remend, and I don't think to turn into another's hug would be a better way to recover. :D :D :D


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: BobK71 on July 27, 2022, 12:05:40 PM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
There is no alternative to invest in Bitcoin and the current bear market is the best time for investment. So many may be waiting for the dip further which may not happen and you may be missing out from an opportunity. I think it would be wise to invest while planning for the long term especially on bitcoin investment.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: blackkat071 on July 27, 2022, 01:43:44 PM
common we all know how bitcoin works.. we have seen it happens for last 10 years. Bitcoin had faced many crashes and got long jumps again and again. and people where first afraid to invest and then say i was too late to invest. Just invest and forget that's what we learnt in last 10 years.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: gullobhai on July 27, 2022, 01:56:50 PM
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: smartaction on July 27, 2022, 03:50:22 PM
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: hZti on July 27, 2022, 04:19:07 PM

If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.

It was always the case that bitcoin went up over time, but also people need to know that this is not a law. Bitcoin does not produce any wealth or create a product. It will not in return go up over time always, like the stock of a company that makes money over time.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: bitzizzix on July 27, 2022, 04:38:55 PM
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.
Actually in any situation in the bitcoin market it will be more profitable in the long run even though it is in an upturn and for much more profitable profits.
bitcoin is not easy to predict but profits will definitely come after a decline, and the most important thing is to be patient and take advantage of the downturn to increase holdings and hold it for the long term.
Panic will not occur for users who have been in the industry for a long time in the current market situation because they know what to do, and for newbies, panic will definitely haunt but all will be well as long as the seniors provide good advice. And also have an interest in understanding and knowing the bitcoin footprint and the market well.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: salad daging on July 27, 2022, 04:42:00 PM
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold.  And never panic. Panic will never make a profit in any way.
Only long-term investments in my opinion are better for future opportunities, if we can't understand the current state of the market and it's difficult for us to know then it's better long-term as many have suggested or the DCA strategy will be better the same as the long-term long.

I have confidence that the market will be difficult to predict, so applying investments regularly can be said that DCA will not make you feel more burdened, which means that this investment will be a little lighter if carried out with your confidence and consistency.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: isaac_clarke22 on July 27, 2022, 06:15:55 PM
~
I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Mahanton on July 27, 2022, 07:56:11 PM
~
I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol.
You cant really tell that its just basic sense because even though we could really say that its dumb when you do make a sell on a  declining market but there are indeed people who actually done it.
Sounds dumb right? but there are ones who do panic out whenever they do saw their portfolio is going down thats why we cant really make out conclusions yet but it is really just right for us
to hold rather than on selling it because there's no point when you do make such action if you do know that the market could really make out some recovery on upcoming months or years.
Although it cant really be that predicted but we do really know its potential which we have seen this one.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: qwertyup23 on July 27, 2022, 11:56:48 PM
This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

While this may be considered as a relatively good advice, you somehow failed to account that there are investors who have thousands to millions worth of BTC $$$ at their disposal to the point that the slightest movement on its price could mean a gain/loss of thousands/millions on them. The beauty about BTC is that it is highly volatile- lots of investors take advantage of this unique characteristic in order to invest either short/long-term.

But OP, you are right- regardless of everything, people should be more focused on aiming for long-term investments. By basing it purely on BTC's price history, you could see that its price definitely skyrocketed since its origin. From that reason alone, long-term investment should be heavily considered on this aspect.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on July 30, 2022, 10:59:01 AM
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.


long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.
Totally agree with what you say, because long-term investments also have a deadline that must be determined and even then if the conditions are much better before the specified deadline arrives, then selling some of the assets being invested is also a very good option because consideration is about profit.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Sophiya on July 30, 2022, 01:22:32 PM
 The market really is unstable in the last couple of months. 
But for small traders, this is also a time for long-term earnings.  The main thing is to find the patience to wait for a good price and not succumb to general panic.  And also look at things realistically, overcome your greed, and sell a coin in time 😄


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: gabbie2010 on July 30, 2022, 01:26:47 PM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
Long term bitcoin investment is very rewarding only if the hodler is ready to patiently wait for many weeks even months, with reference to BTC/USD weekly chart for every dip experienced by bitcoin it is always responded with a massive pump repeatedly, presently the price had already dipped, expectedly a pump is imminent based on the Price Action on the chart, however to earn a reasonable amount of profit the hodler needed to make a huge investment, selling at dip is never a good idea because of the tendency of bitcoin to bounce back at every dip historically price patterns repeat itself.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: danadc on July 30, 2022, 10:39:18 PM
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
People who hold cryptocurrency is just people that I have the ability to lose whatever they have because without being a risk taker you cannot invest into cryptocurrency and make it because it is an investment that or call into way positive and negative reactions which bitcoin can fall into. Holding a coin I believe that it is something that you can as well take the risk when coins falls
Not everything is like that, a person who has BTC is predestined to always be a winner, that should not be detracted from, if a person loses money in an operation they should not be ashamed because it is something to which they are exposed, and it is very likely to happen something like that, etnonces one way to protect yourself is if you have money you divide it in half, one half you leave only to buy Bitcoin and not touch it, and the other to buy bitcoin and start trading, that's how you protect yourself, buying shitcoins does not guarantee to make a profit, on the contrary, it is best to buy Bitcoin and wait for it to rise in price.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: tomos81 on July 30, 2022, 10:50:47 PM
No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Oilacris on July 30, 2022, 10:57:44 PM
No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.
Every investment does have the risk and this thing should be put up on someones mind because it is really just a typical thing or normal where you should be aware on so that whenever the market do

make out some negative movement then you wont really be making yourself freaking out on the time that market will really be going to opposite side.Invest on dips are easy to say or be advised on someone but when you are already on the situation then it would really be that hard i must say.

If you are indeed going for long term then you wont really be bothering  yourself on what price you had entered or go in.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Uang_kartal on July 30, 2022, 11:29:50 PM
Unfortunately, not all traders have that style. For investors, it may be possible to save for the future with all the risks in the future. may struggle between 50% predictions today.

for day traders with scalping it might be boring, with the habit of making quick profits.

I divided 2.and that's a great idea


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 03, 2022, 03:44:03 AM
Not everything is like that, a person who has BTC is predestined to always be a winner, that should not be detracted from, if a person loses money in an operation they should not be ashamed because it is something to which they are exposed, and it is very likely to happen something like that, etnonces one way to protect yourself is if you have money you divide it in half, one half you leave only to buy Bitcoin and not touch it, and the other to buy bitcoin and start trading, that's how you protect yourself, buying shitcoins does not guarantee to make a profit, on the contrary, it is best to buy Bitcoin and wait for it to rise in price.
I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Lambent on August 03, 2022, 03:51:49 AM
Hodling surely seems like the best option at the moment. Fluctuations are in the downward direction only and thinking of trading would be a losing deal. It’s best to buy bitcoin at a low price and sell it when it’s price is back to a higher value.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Cryptodebjoe on August 03, 2022, 01:16:52 PM
I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.
[/quote]
you are right sir while some people are worried about buying or selling or hodling im doing all 3 and im doing it with BTC i bought a given value i hodl 50% and i used 50% to trade on a daily as i observe the chart bcuz i dont think this bear season will finish anytime soon but im making the most of my income in little stipends while observing and waiting for the bull run...


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Flamous on August 04, 2022, 04:17:12 AM
Yes, HODLING seems the best option for investors at the moment. But there are many others who have taken this as an opportunity to invest more in the market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Jo_Liu on August 04, 2022, 09:41:39 AM
Totally agree with you. Instead of thinking we had a good run, investment in Bitcoin is better a long-term, marriage kind of thing. If you are investing for your future, you want to take a long-term view. Although the value may drop, markets generally recover the value lost over time, this could happen with Bitcoin as well. Additionally, when considering the length of time you hold onto a financial asset you should remember that the IRS has different filing requirements for short-term and long-term investments, buying and selling cryptocurrency is no different.
And I really think Bitcoin has a bright future, and it is aming for the statue as gold has. ;D
https://xtrading.com/financial-questions/is-bitcoin-a-value-store/


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: minairia3 on August 04, 2022, 09:56:32 AM
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.

Holding is the key to success when it comes to investing in bitcoin, you do not need to be adept at technical analysis or to have experience trading in order to make a profit when it comes to bitcoin. The upside of bitcoin is that as long as you persist in holding it for a long period of time, then you are likely to make a profit as well, sometimes an extremely high return.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 08, 2022, 08:40:59 AM
Holding is the key to success when it comes to investing in bitcoin, you do not need to be adept at technical analysis or to have experience trading in order to make a profit when it comes to bitcoin. The upside of bitcoin is that as long as you persist in holding it for a long period of time, then you are likely to make a profit as well, sometimes an extremely high return.
That's obvious, and I've also proven it in the past even though I didn't collect that many Bitcoins. Because when the Bitcoin price started to increase until it reached ATh, I could immediately feel a very good profit and I think it was the result of a patience that I had done when the Bitcoin price was not so expensive. So holding Bitcoin for a long time is also a very good option to do.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: danadc on August 08, 2022, 04:03:54 PM
I think that an intelligent way to have a lot of money is to multiply it right now, the smartest thing is to have bitcoin and leave it still without touching it, if bitcoin goes down more, you should take advantage of buying, only despite the fact that it can reach 70,000 again dollars is enough motivation, which is well above the standards of a bank, the doubt at this time means losing earning more money and I think that is not viable.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: salad daging on August 08, 2022, 04:46:25 PM
I think that an intelligent way to have a lot of money is to multiply it right now, the smartest thing is to have bitcoin and leave it still without touching it, if bitcoin goes down more, you should take advantage of buying, only despite the fact that it can reach 70,000 again dollars is enough motivation, which is well above the standards of a bank, the doubt at this time means losing earning more money and I think that is not viable.

For people who dare to do it now to multiply for the future but sometimes no one dares for those who want to start but many doubts.

I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: taufik123 on August 08, 2022, 05:01:56 PM
-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.
Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.
https://i.postimg.cc/05cgsHwx/image.png


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: salad daging on August 08, 2022, 06:08:48 PM
-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.
Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.
https://i.postimg.cc/05cgsHwx/image.png
It's true that I am supported from my monthly finances of about 20% or more but the rest of it is enough for my daily needs and I will take the time to save from the remaining 80% so that in the future if there is an urgent need it doesn't interfere with my commitment to the planned DCA then I have to be ready to make a purchase at any price even though for example the price of bitcoin is $50k or $70k I have to buy it because it's a commitment.
Of course I learned psychology so I can control it from beginning to end because this goal is still long, so psychology is important.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Gosgosking on August 08, 2022, 06:54:59 PM
The dip have been a big distraction to many young investors, many young investors think that they don't deserve a dip, but they don't have knowledge that the dip is as important as the bull , every dip comes with a bull. When I started investing bitcoin the dip was a distraction,  but when I got understanding of everything  I don't get panic in the dip.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Rigon on August 08, 2022, 11:35:30 PM
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.


long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.
Totally agree with what you say, because long-term investments also have a deadline that must be determined and even then if the conditions are much better before the specified deadline arrives, then selling some of the assets being invested is also a very good option because consideration is about profit.
Of course, long-term investments have a time frame. You invest but you don't sell those invested coins or profit then you don't get any profit.It is better to quit whenever you have enough profit from the invested profits.It has been seen that if the market is dumping again later, you will invest again from there.Never stay with an investment for years I think and leave when it makes a profit.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: carlfebz2 on August 08, 2022, 11:59:32 PM
The dip have been a big distraction to many young investors, many young investors think that they don't deserve a dip, but they don't have knowledge that the dip is as important as the bull , every dip comes with a bull. When I started investing bitcoin the dip was a distraction,  but when I got understanding of everything  I don't get panic in the dip.
So you say that old investors should deserve a dip? You should bare up into your mind that it doesnt matter whether you are new or old, young or old, you would definitely able to experience market dips and corrections because this is how this market works or simply this is an inevitable thing.Whether you are experienced or not you are prone to this.It does vary on what actions you would made basing up
with your knowledge and awareness into this market.Instead on freaking out whenever a market dip you should instead see this as an opportunity to buy cheap because
you could utilize these movements for your advantage because you could make profits with that.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: taufik123 on August 09, 2022, 04:18:40 PM
-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.
Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.
https://i.postimg.cc/05cgsHwx/image.png
It's true that I am supported from my monthly finances of about 20% or more but the rest of it is enough for my daily needs and I will take the time to save from the remaining 80% so that in the future if there is an urgent need it doesn't interfere with my commitment to the planned DCA then I have to be ready to make a purchase at any price even though for example the price of bitcoin is $50k or $70k I have to buy it because it's a commitment.
Of course I learned psychology so I can control it from beginning to end because this goal is still long, so psychology is important.
A good commitment, setting aside about %20 is more than enough if you continue to be consistent, so it doesn't interfere with your other needs. DCA can buy at any price and continue to add to your bitcoin asset, but you also need to enter at the right price, don't enter when FOMO occurs. and psychology is indeed the determinant of everything, everything will involve psychology. control your emotions and stick to your commitments, this is a long term investment and you will see results for at least 5 years or more.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: goldkingcoiner on August 09, 2022, 05:04:32 PM
Ignoring the dip is probably the unhealthiest way to cope. In fact, you should not be putting yourself into a situation in which you wish to cope. The problem is your short termed mindset of an investment, thats true. It means you are not 100% onboard or having second thoughts.

If you asked around any veteran coiner and early BTC adopter would tell you the same thing - here's what you need to actually do:

Replace the word dip with the word bargain. Because thats what each dip should be, in your eyes. A limited time bargain price. Once you develop the hodlers mindset, you will see how fast your investments are gaining traction.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Rigon on August 10, 2022, 12:00:39 AM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
We who believe in investment always believe that investment can give people something good.They bought bitcoin when the price of bitcoin was dumping a lot and now the price of bitcoin has increased a little so those who invested in a bitcoin today but they have a fairly good profit.If we invest, it will be a little long-term investment, like right now the market is a little dump can earn a lot of money from.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: 2stout on August 10, 2022, 04:43:51 AM
I would recommend against ignoring the dip as this prevents a great buying and bargain opportunity that will position you even better for long term hodling and the results of such.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: blackened515 on August 10, 2022, 06:22:32 AM
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
Exactly, the dip is a great opportunity which we must all make good use of. Although, the price haven't been encouraging lately. But, is quite certain that Bitcoin will definitely rise and might probably hit a new ATH very soon. However, we don't only have to invest more, but also have the ability to hold for a long period of time. Nevertheless, past investors who held their coin obviously make a huge fortune from Bitcoin.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: UserU on August 10, 2022, 06:40:17 AM
Just went in with $700 over the past 2 weeks on the dip. Slowly making my way to be a full coiner


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 15, 2022, 09:35:19 AM
Of course, long-term investments have a time frame. You invest but you don't sell those invested coins or profit then you don't get any profit.It is better to quit whenever you have enough profit from the invested profits.It has been seen that if the market is dumping again later, you will invest again from there.Never stay with an investment for years I think and leave when it makes a profit.
I always consider the issue of profit in every investment I make. That's why I never stay silent when I see that I have made a profit through the investments that I run.
Because my purpose of investing is to make a profit and not just a collection. Because I don't like to collect so many coins in my wallet, so I always prefer to release it when I already have the profit from my target.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: alik111 on August 15, 2022, 12:26:06 PM
You told about your trading strategy but the main purpose of trading should be buying dip as you can. When you buy in a dip price you will have more profit otherwise there have chances to fall into lose.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 22, 2022, 02:10:01 AM
Long-term investment doesn't  mean a coin should be hodl for a very long time. When investing a coin for Long-term,  when the market becomes very bullish its nice to take up profit,  and if the market goes low again then buy and hodl till it is due for profit.
If the concept is like that, then it is clear that it is not an investment in the long term and it is also more likely to be called a short term trade because it always considers the profit in any amount. But investors who like investing in the long term will not be happy to sell their assets only for a profit of 5 - 6% of their capital, because they want to get bigger profits by risking time through their patience.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Marvell1 on August 22, 2022, 02:58:55 AM
Long-term investment doesn't  mean a coin should be hodl for a very long time. When investing a coin for Long-term,  when the market becomes very bullish its nice to take up profit,  and if the market goes low again then buy and hodl till it is due for profit.
If the concept is like that, then it is clear that it is not an investment in the long term and it is also more likely to be called a short term trade because it always considers the profit in any amount. But investors who like investing in the long term will not be happy to sell their assets only for a profit of 5 - 6% of their capital, because they want to get bigger profits by risking time through their patience.

It's speculation, not long-term investment. The long-term investment will be calculated in years and of course profit from 10%, to 20% is not the goal of long-term investment.
Additionally, we can't be sure of what the market will do tomorrow. If you take profits today and you wait for the market to fall to buy back, but unfortunately the market does not fall but continues to rise sharply then you will lose both the opportunity and the bigger profit.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: lienfaye on August 22, 2022, 03:32:53 AM
Long-term investment doesn't  mean a coin should be hodl for a very long time. When investing a coin for Long-term,  when the market becomes very bullish its nice to take up profit,  and if the market goes low again then buy and hodl till it is due for profit.
If the concept is like that, then it is clear that it is not an investment in the long term and it is also more likely to be called a short term trade because it always considers the profit in any amount. But investors who like investing in the long term will not be happy to sell their assets only for a profit of 5 - 6% of their capital, because they want to get bigger profits by risking time through their patience.
Indeed. Its a short term investment if you're going to take advantage everytime there's a price increase then buy back in dip.

Long term hodler takes years before selling, because they have set target price before deciding to sell and obviously its not for small gains. However its not a bad idea to take profit at times. It is just depending for every investors if they're already happy and contented to the profit that they see.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 25, 2022, 03:52:40 AM
It's speculation, not long-term investment. The long-term investment will be calculated in years and of course profit from 10%, to 20% is not the goal of long-term investment.
Additionally, we can't be sure of what the market will do tomorrow. If you take profits today and you wait for the market to fall to buy back, but unfortunately the market does not fall but continues to rise sharply then you will lose both the opportunity and the bigger profit.
That's what I'm thinking at the moment mate.
Because although it is not wrong to take profit at 10% to 20% of the investment return. I think it will be more regretful when someone misses a great opportunity to get the maximum profit from the investment he made. Especially if someone can be very patient in carrying out investments for a long period of time or in terms of the long term.


Indeed. Its a short term investment if you're going to take advantage everytime there's a price increase then buy back in dip.

Long term hodler takes years before selling, because they have set target price before deciding to sell and obviously its not for small gains. However its not a bad idea to take profit at times. It is just depending for every investors if they're already happy and contented to the profit that they see.
I would be more satisfied if the return on my investment could be bigger and I think other investors will too. But because I can't be sure what tomorrow's market conditions will be, that's why I sell more often when I get a 10% to 20% profit on my investment. Even though I can get even more profits than that if I don't take 10% to 20% profit from my investment results. That's why I still always take advantage of the opportunities that exist today to buy Bitcoin again to the best of my ability.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Botnake on August 25, 2022, 02:26:37 PM
The dip have been a big distraction to many young investors, many young investors think that they don't deserve a dip, but they don't have knowledge that the dip is as important as the bull , every dip comes with a bull. When I started investing bitcoin the dip was a distraction,  but when I got understanding of everything  I don't get panic in the dip.
So you say that old investors should deserve a dip? You should bare up into your mind that it doesnt matter whether you are new or old, young or old, you would definitely able to experience market dips and corrections because this is how this market works or simply this is an inevitable thing.Whether you are experienced or not you are prone to this.It does vary on what actions you would made basing up
with your knowledge and awareness into this market.Instead on freaking out whenever a market dip you should instead see this as an opportunity to buy cheap because
you could utilize these movements for your advantage because you could make profits with that.

Right! Market dips are unavoidable and it's a natural phenomenon that every cryptocurrency investor should know and understand that's why the price is moving in almost every blink of our eyes. Aside from that fact, if you're that someone that gets shocked about these phenomenon then I'm quite sure that you didn't had some research before investing to in it as you're only following the trend without knowing some things. But it's never been too late to equip yourself some knowledge so that you won't get shocked or curious about some happenings in the market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Oneandpure on August 25, 2022, 06:34:41 PM
Not easy to be long term investment when we always active checking bitcoin and cryptocurrency values every day, I think if want to be long term investment better close all exchange market without have to check price in daily day. You have been success become long term investor exactly when investing with ethereum price on $700 and sell one year later when ethereum reach higher price on $4,000. I think you don't open and check about ethereum price day by day but checking about weekly or monthly. Have different between long and short term investment because with long term investment they have other income and use free fund for investing, but short term they don't have many source income and need to get profit as soon possible.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Vaskiy on August 25, 2022, 10:59:11 PM
The reality is, people used to ignore the dip and go for buying when the price starts to bounce. This happens with majority of the users, and it is caused out of the market being uncertain. Whenever the market drops down people lose their hope and turns into dilemma whether it'll bounce back or not.

People never make an investment when the market is down, but the whales and people who believe strongly will keep on increasing the holdings. Doing the right things at the right time brings profit and this can be understood only after several regrets.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Hamphser on August 25, 2022, 11:41:23 PM
The reality is, people used to ignore the dip and go for buying when the price starts to bounce. This happens with majority of the users, and it is caused out of the market being uncertain. Whenever the market drops down people lose their hope and turns into dilemma whether it'll bounce back or not.

People never make an investment when the market is down, but the whales and people who believe strongly will keep on increasing the holdings. Doing the right things at the right time brings profit and this can be understood only after several regrets.
Very common behavior on which people is starting to buy when bitcoin or overall market is already on greens and not buying when the market is read which it would really be just a miss out chance to utilize

maximum profitability in that case but i could say that it is really hard to make up decisions on times like this and just like we do all know that the price might even go down on the time we do able to buy
and that will really be the common thing on why we do really hesitate on times like this.Ignoring the dip cant really be possible since we do always prefer on entering the market as low as possible
and we do keep on chasing on that one.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Ben Barubal on August 26, 2022, 02:06:16 AM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

This is often heard and read on Twitter and other social media platforms that now is a good opportunity to buy bitcoin and hold it until the time comes when its price hits the market. This is very favorable for those who have a lot of money and want to invest in bitcoin. Then regarding emotions, if we send it here the result will not be good in the end, so we should control our own emotions so that the result, in the end, is not ugly. So I want to buy bitcoin and hold it while I'm still learning this industry.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: aquafinewater on August 26, 2022, 07:08:27 PM
Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Esther C on August 26, 2022, 08:02:28 PM
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

This advice isn’t generic tho. Different people have different investing goals and different risk appetites. What might be tolerable for some may be intolerable for others. Moreover, buying the dip doesn’t guarantee that you’ll make profits. At the end of the day, the advise is simple. Don’t invest what you can’t afford to lose.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: cheezcarls on August 27, 2022, 02:48:54 AM
Well here we go again guys. But I do not look at my Bitcoin portfolio for a long while. Maybe once in a while after doing DCA every month. Long term is what I am thinking no matter how bad the news was like the latest one from the FED regarding inflation-related stuff.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Munir575 on August 27, 2022, 07:22:18 PM
I completely concur that it would be wiser to purchase now rather than sell our coins. The current selling frenzy will lower prices and deepen the bear market. Additionally, every buyer at this time will lessen the severity of the bear market and aid in the recovery of bitcoin. Even though most of us only make tiny purchases, if we all work together, we may still have an impact on the pricing. The wisest course of action in a bear market is to wait it out until prices start to rise. I have made the error of selling too soon and missed the most recent bug rally. I'm not going to make the same mistake again.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Wakate on August 27, 2022, 07:24:07 PM
Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
I think it's only those that are smart investors that can know the benefits of investing in Bitcoin now that the price is very low and affordable to invest. Those who are buying Bitcoin now will tend to benefit long on it.
 The market always go up and down and we don't need to border about whether the market will keeps going down or not, what we should be interested in is to buy more holdings now thag everything I'm the Crypto market had fell giving us the opportunity for us to accumulate more holdings before the bull commenced.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Rana590 on August 27, 2022, 08:50:27 PM
Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
I think it's only those that are smart investors that can know the benefits of investing in Bitcoin now that the price is very low and affordable to invest. Those who are buying Bitcoin now will tend to benefit long on it.
 The market always go up and down and we don't need to border about whether the market will keeps going down or not, what we should be interested in is to buy more holdings now thag everything I'm the Crypto market had fell giving us the opportunity for us to accumulate more holdings before the bull commenced.
That is the point that OP is trying to brief that we shouldn't worry about the price. We know that price can goes up or down and it is natural for crypto currency. We should buy as possible for us when price is near our hand. In my opinion, it is a great opportunity to enter the market and buy for long time.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: CryptoHeadlineNews on August 27, 2022, 09:06:32 PM
Moreover, buying the dip doesn’t guarantee that you’ll make profits. At the end of the day, the advise is simple. Don’t invest what you can’t afford to lose.
Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on August 28, 2022, 05:14:02 AM
Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
Bitcoin is always not the same as other cryptocurrencies in terms of the future, because Bitcoin still has a very good future even though it is experiencing a price drop like now.
But for other cryptocurrencies I still have doubts about its future even though there has been improvement and continuous development, it is still very possible to experience a severe crash in the market.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: KaliLinux on August 28, 2022, 05:58:30 AM
Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
Bitcoin is always not the same as other cryptocurrencies in terms of the future, because Bitcoin still has a very good future even though it is experiencing a price drop like now.
But for other cryptocurrencies I still have doubts about its future even though there has been improvement and continuous development, it is still very possible to experience a severe crash in the market.
Quite frankly, the whole market is in that "severe crash" as you know, Bitcoins price action affects all other cryptocurrency prices hence the dip you see with all other crypto prices.
https://i.imgur.com/5UR8wzf.jpg
Bitcoin thus far has dropped -71% from its ATH and could still dip more and yes some Alts have had a worse dip from ATH but I believe that a few Alts also have proven themselves and can go through the bear season as they have done before. 


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: 8rch7 on August 28, 2022, 06:20:53 AM
It is very difficult to practice patience, because almost everyone wants instant results, especially now that the price of bitcoin has dropped so there are some people who have switched to investing in other coins, only certain people have extra patience and continue to invest in bitcoin and ignore the decline price, so now we introduce bitcoin to other people it is very difficult, because of the problem of current prices which always decline significantly, I really salute people who continue to invest in bitcoin even though the current price is unstable.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Cryptmuster on August 28, 2022, 06:47:47 AM
Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose


For most people, the amount they are willing to lose is too small to make any significant gains. Therefore, at the initial stage of investing, you need to risk a lot of money in order to get a big profit, otherwise it can all drag on for a very long period of time. Bitcoin may fall in price even lower, but it is not scary to buy it now, because this level holds well and it is actively bought on falls.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: wmaurik on September 01, 2022, 02:48:24 AM
Quite frankly, the whole market is in that "severe crash" as you know, Bitcoins price action affects all other cryptocurrency prices hence the dip you see with all other crypto prices.
Most people can't enjoy the "severe crash" that's happening in the market today and that's perfectly normal because they probably bought at a high price.
But I can still be patient with that because I only make purchases when the decline occurs or when the price is low and it won't be a problem if I buy I have to hold it for a long time.

Quote
Bitcoin thus far has dropped -71% from its ATH and could still dip more and yes some Alts have had a worse dip from ATH but I believe that a few Alts also have proven themselves and can go through the bear season as they have done before. 
Bitcoin will still create ATH even though it has dropped -71% of its ATH so far, because the opportunity for Bitcoin to create new ATH is still very wide open and yes, don't hesitate to continue to own Bitcoin and hold it until you find a commensurate profit. Likewise, altcoins that can still survive this period of decline because of those altcoins that are able to survive, will definitely be able to pass this bear season very well.


Title: Re: Ignore the dip and Invest in Bitcoin for long term
Post by: Xampeuu on September 01, 2022, 03:23:58 AM
Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose


For most people, the amount they are willing to lose is too small to make any significant gains. Therefore, at the initial stage of investing, you need to risk a lot of money in order to get a big profit, otherwise it can all drag on for a very long period of time. Bitcoin may fall in price even lower, but it is not scary to buy it now, because this level holds well and it is actively bought on falls.
indeed most people want a small capital to have a multiple-fold return, so they choose a risky path to lose their capital. therefore it would be better to risk more capital and put it on bitcoin, that will make our lives calm. especially with this bearish season, of course looking for a buying area is very profitable, because our chances of getting a profit will be bigger and faster, but many people are still afraid, they are still waiting for the lowest price, even though no one knows, until in the end they lose the moment