Bitcoin Forum

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Okay, relatable.
So it's buy and hold then.

I want to believe that you are referring to bitcoin. Therefore, if you think long term, you are in the buy and hold period. If you think short term you are in the panic and sell period.

This is the best way I can think of it.

Yes, Bitcoin is the context.
😂😂 Everybody on here relates selling off Bitcoin with panicking.

You buy Bitcoin, sell Bitcoin, not buy time or sell time.

This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year.

Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin.

Don't sell your Bitcoin to Wall Street.

That's the normal thing in the market. You buy when you're able to buy and decide until how long you're going to hold it. And the same goes for selling, you sell at the rate that you're satisfied and no matter what happens next will be out of your control. You have no control over the market so if you sell and then suddenly it pumps, what's the matter with that? You'll regret because you've sold too early? That's normal because not everyone that sells are selling at the top and no one knows if it's the top already. That's why plan all of your activities whether you'll buy or sell, as long as you're able to plan that, no regrets afterwards for any decision that you do.

I have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.

It depends on what type of person (investor) you are. There are those who we call day traders, and they are looking for an opportunity for profit every day, and significant price changes in a very short period of time are something positive for them. For example, if you bought 1 BTC yesterday for $60k+, you could already sell it today for almost $68k, which is more than a great profit - now imagine what kind of profits those who trade with tens or hundreds of BTC make.

If you are an investor who invests for the long term, then any time is good for investment - even though investing during a bull run will not bring even close to the same profit compared to the profit that could be made if you invested during a bear market.

Maybe that's our problem when we invest in any coin and constantly check the price of what we buy and can't hold our emotions. There are many of us investors who invest for the long term and many who invest for the short term. Yesterday I also invested in bitcoin for a short period of time by selling when bitcoin was touching $69k and buying when it hit $63k.

Moreover, if one is a long-term investor, he can buy bitcoins at any time and wait until the bull market begins to earn his profits.

it depends from situation to situation because if you have bought Bitcoin at the time when it was trading at the price of $16k so sure you will book some of your profit here where bitcoin has recently broken its last all-time high so it may be called a selling zone for those early investors but not sell 100% of amount here because this bull season is going to be very special in my opinion. I also booked some profit when Bitcoin hit the price of $68k. I book here with the intention of buying back and it is my goal. setting your own goal is important before entering in the market.

On the other hand, if you are investing on the current time frame then it is obvious it is holding time for you to generate profit on your investments. this is the trend/bullish zone of the market where you will see a lot of money entering in the market which will make it even more bullish. But the thing is that the Halving event is on the way so we may experience a correction in the coming time frame according to the history/behavior of the Bitcoin market. So invest accordingly after your own research. Many Thanks!

The problem is how you can determine on when to buy and also when to sell? Since easy to say we should buy at that rate but we surely don't know if we can handle some situation especially if the market decline also same as when selling since there are times that a trader would want for more profit then unwanted scenario came up and instead gaining they lose because of their greed. Much better if you do a lot of research to learn about trading since nothing will happen if you just read without understanding the whole process.

And for sure you can learn a lot especially when you learn about the basic and enhance your skills in trading by learning do to technical analysis. This is though to learn but consistency towards learning the whole process will result to positive and you can determine or set some plan on when you buy and when to sell your bought crypto's.

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Some people find bitcoin very interesting when the price is increasing steadily, this is the time they would really want to invest because of imagination of the profits to gain if bitcoin is invested as  the price is increasing. The mistake some people normally make in bitcoin is to wait for the bull season before investing and this is just selfishness because the only reason for this is just to make money quick from bitcoin.

Bitcoin is volatile and unpredictable,  this period people should not be selfish and go into the market with amount that they can't afford to lose. The increase of price of bitcoin should not be a reason for one to invest all they have or the amount that can't be afford to lose.

Ii is very important for people to be conscious and not to be carry away with the price increase of bitcoin to invest much to make gains for themselves.  Invest what you can afford to lose , this formula has really helped so many people.

That was a pretty common mistake I guess, of the traders especially newbies or beginner traders end up selling their investments since they just doesnt have enough experience and knowledge on how they are going to manage their investments in cryptocurrency, Like what is happening in the market today, a lot of beginner traders for sure are buying right now which is probably pretty high considering we are already or we already reach the All time high of Bitcoin market price, I mean it wasn't really a good time to buy at a time like this, but still, it wasn't a wrong move I guess, but the thing for newbies is getting there emotions on the trade, when they see their investment depreciate they just can't stand it and always end up selling on a loss in the end. If you are going to think of it even though the market value drops your volume is still going to be the same, so in terms of volume you didn't lose anything like if it is 1 Bitcoin when the market price drops, it is still 1 Bitcoin. So the bottom line is you're not going to lose anything if you're just not going to sell.

So what we needed to do is just to not rush anything, if we just always buy low and sell on high we are always going to end up getting a profit on it, But the main problem is newbies are rushing to make a profit because they just doesnt have the financial foundation yet to sustain investment, they always make it there main source of income, what they need to learn is be patient go long term if you can't sell at a profit today.

Bitcoin is always the best currency to invest in. If you invest in Bitcoin now, you will forget about that investment for some time after the investment. And only keep an eye on bitcoin price when it crosses 100k, because we all know and believe that bitcoin price will definitely go above 100k. If you look at the Bitcoin price chart for the last few days, you can see that the price of Bitcoin has increased amazingly in the last few days. So you invest and hold without panicking. And never think to selling.

Well said, but we need to consider some factors as well that may hinder the making of such decision as you have highlighted already, we know that not every investors are investing at the same time, some could afford holding long while some couldn't because of the circumstances that surrounds their investment time frame, some may even change their decision on holding when things get more tougher on them and could help than selling at a particular moment.

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term.
If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

No one has the crystal ball to see what the future holds, if that is the case, the scenario that you are putting, and if that is bitcoin then I would rather hold and not sell. But if that is altcoins or shitcoins, then you have to think twice as altcoin market is very unpredictable. There are groups like the Pump and Dump scheme who works from behind and will try to do  the scenario that you are describing.

But if you are with Bitcoin, then, even if it goes down hard, the best thing to do is buy and HODL, simply as that. Anyhow, you might hear different advise, so it's really up to you do to what's best for you. The situation that you describe is unavoidable, it will always happen so it really up to you what course of action you will take to either preserve your coins or dump them.

Volatility in the market is what we can't trap in a vacuum which is why even after much of research and with your analytical conclusion you still have to tread the market with caution because you can lose so much within a twinkle of an eye and also still can make profit within that twinkle. In as much as we can't see the future let me ready to accept whatever  event that happens after we might have taken a decision in this crypto space, with this we can be able to Dela with regrets and move forward for another trial again hopefully.

This is normal in cryptomarket because of its volatility especially you can’t expect any project to pump all the time, corrections and price drop will always be part of the market cycle. You have to be more cautious when you are investing, you have to assess your position and know when to buy and sell. Timing in the market is also important, know how to timing the market and you can be more profitable in time.

If someone does have the capacity on knowing about on when to buy and when to sell then you would really be a rich person for sure and there's no doubt on that but we do know that this is some sort of
dream that everyone do wish for is on which they would really be able to know into those when conditions but we do know that it cant be just possible. This is something that all people here on this market
is really that trying to figure it out and this is something that majority would really be doing their very best on learning those technical analysis because we are really that trying out to
find on where it would possibly go.

This is where we do really tend to learn up all possible aspects that we could really be able to learn on which this is something that we would really be that
figuring on where it would be heading but since there are tons of factors that could affect market movements then this is something
that what makes things even more harder.

All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.

What you hear about the situation may apply to altcoins and meme coins. When it comes to Bitcoin, you often hear about 1 BTC = 1 BTC.
Bitcoin in the long term will not decrease in value. As for other cryptos, I will not guarantee that their value will last like Bitcoin.
I hear about it so often with coins other than Bitcoin, that I don't even hold any altcoins that don't have obvious potential in my wallet to hold.

Declines and increases occur as normal activities. Don't be surprised if prices decrease again after an increase. The opposite condition can also occur, friends. If the coin you buy is not Bitcoin, there is no guarantee that once it declines it will become valuable again in the future.

Not everyone has that mindset where 1 btc = 1 btc. The average investor thinks about value not the number of bitcoins, it is the goal of the investment. Moreover, prices always fluctuate and are never stable, so it is not true that the price of bitcoin will not fall at another time, even in the long term.

This is called volatility and all investors are well aware of it.
Prices rise and fall all the time and this makes the value of your investment in fiat change. If indeed 1 btc = 1 btc for you, then you should never complain when the price fluctuates at one time.

You don’t have to confuse yourself if you just follow the basic rule, buy low and sell high. So with regards to the current price today, it’s obvious that it’s still surging high but we have not achieved yet the new all time high, so the best move might be accumulate more bitcoin before its price reaches its peak. However, others might be selling and it’s also their own strategy, as long as they’re in profits, they’re good. But if you want to maximize your future profits, then just buy and do DCA, sell only when the real bull run is here.

Always open to being able to sell it now, at that time you bought it at the beginning of last year or maybe at the beginning of this year, because the price was higher and, of course, you already made a profit, but was that enough profit to be made? had remember that the upgrade is not finished as it has just begun.
Yes, of course, it is normal for what you say. There are those who are afraid and think the price will be corrected again. Everyone will also experience that because they see the profits that are right in front of their eyes.
Once again, always analyze carefully before doing what you do, because what you do could be wrong.
But there's no need to worry because the halving period hasn't happened yet, which is when the increase will occur.

I think now is not the time to sell bitcoins. Hope Bulran will start next year. Many expect, and I also expect Bitcoin to surpass $100k on Bullran. I will not currently sell bitcoins, I will continue to invest in the DCA method for now. If I sell the investment now, I may not get the opportunity to buy at a lower price.

It's always buy buy buy time.

Only sell when you absolutely must.

Selling unnecessarily means you're losing bitcoins.

when you invest expect the downfall so when it happens you will accept the situation and will not fall form that desperation and bad feeling.

Just BUY and BUY mate , never sell unless you badly needed and also try to add more when you have chance.

If you buy bitcoins now is the time to buy and hold bitcoins. Buy sell and hold it all depends on which coins you hold. If you buy Bitcoin then you can hold it at present no problem, profit is guaranteed. But if you hold Altcoins there is a lot of risk at the moment, and the possibility of a price drop is very high. So Bitcoin is best suited for holding.

Such incidents actually happen to everyone in real life who is involved with cryptocurrency. I have been trading in ORDI Coins for some time back after I bought ORDI Coins at $72.55 the price slowly came down a lot and at one point reached $48. I have been in a lot of losses for a long time but when all coins rise in price including bitcoin market but no change in ORDI coin price I sell with some loss when I sell with loss after few hours the price rises rapidly and $89  Dollars are done. In fact, I think such incidents happen to everyone and one should never regret such incidents. I will not form an opinion about the time we are in now.  Since our bitcoin halving is coming up soon not before the Bitcoin halving but after the Bitcoin halving the price will go down a bit in which case what to do right now is a personal matter. But I won't buy anything right now.

Your idea is that right now the price of bitcoin is at a high level if we sell bitcoin now we might miss the next bullrun season. So our invested bitcoins should not be sold now except for very important needs. If we DCA to invest bitcoins regularly then we will be able to accumulate a large amount of bitcoins in our investment portfolio. Moreover many investors are predicting that the price of Bitcoin will increase from $100k to $150k dollars during bullrun season. My current idea of ​​investing in Bitcoin is to just buy buy buy the DCA method And hold for a long time without selling.

The bull happened recently though not enough to make the price go further from breaking ATH , but i get what you are calling here  and that bullrun is what we are commonly see after the Halving in which the price grows really high from the previous ATH.

you are correct that bitcoin is for keeping in our moment now, and i also see it that way though market is still waiting till when will it stays in 60k or below 50k.

We're at that time again, Stuck behind a resistance that also happens to be the previously set record (aka ATH) and people wondering what they should do.

The answer is simple despite its complications!
If you are a day trader making profit from bitcoin's fluctuations, then you should sell when price reaches that resistance and if it breaks because such "record" highs have a tendency to be a good selling point for majority of the market participants where they want to take profit and the weak hands who usually panic sell at times like this.

However, if you are not familiar or comfortable with trading, selling at such times is risky for you and may lead to losing money. Just buy in the dips and hold so that you can enjoy the long term ride to the moon.

You can study the 2017 charts to see all of what I said above. The previous record high at that time was about $1200. See how the market reacted when we got closer to that mark and how when we crossed it for the first time.
It can give you good experience too. Although keep in mind that history doesn't have to repeat the exact same way.

Everyone has a different goal, but if someone sells bitcoin at this time not because they need money urgently but because they are afraid everything will collapse, then it is really a bad decision. I don't know exactly when bull season will actually arrive but I'm pretty confident we're very close. So selling bitcoin now is like us refusing the wealth that bitcoin brings us, we are refusing to enter paradise while standing in front of heaven's door.

Regardless, I advise everyone to hold on to their bitcoins during this time and absolutely not sell for any reason. If you can't buy more every time bitcoin corrects, wait and hold tight.

It's actually a problem as much human is concerned we don't try do the right at the right time, any one who fail to buy when coin is low and be target when it's high never calculate well.

Is not all about buying and selling but buying the right one, if you buy shiltcoin that have not value and will drop soon it's if no use even some altcoin that always depreciating .

But any who buy Bitcoin weather high or low will surely have good return but is best buy when low.

If we are talking about Bitcoins specifically, then I would say there is no perfect time to buy the coins. If you have money to invest then just invest and buy the coins irrespective of it’s price. As bitcoins are limited in numbers and we know the price is going up day by day. Regarding other coins, then always sell a buy and sell target. Buy the coin when the price reaches a certain price and sell only when the price is in your desired range.

Don't be influenced by prices that are already high and approaching the previous ATH. I agree that if you want to buy Bitcoin now and hold it immediately, or if you have an analysis that there will be a correction after the halving, you can wait. Once again, analyze well, but indeed buying bitcoin is the right choice because the risk involved is very small because bitcoin cannot be controlled by anyone, it moves according to market mechanisms.
I agree, even though currently altcoins are also on the rise, we need to remain vigilant because at any time altcoins can experience very high declines due to human factors.
Keep holding bitcoin and if you have to with altcoins, maybe ethereum and BNB are the choices.

My take on this kind of situation is that, they've got no goals and so they end up not having any plans and they just sell whenever they want to which is bad because that's the likely thing to happen to someone when they don't have any goal, they wander around aimlessly. Best solution is depending on what you're invested into, you should set a goal where you will sell your cryptocurrency, if it's an altcoin, don't be too ambitious and aim for a really high price increase, set a percentage or a concrete number like if you bought altcoin A at 0.1 USD apiece, you should consider a 50% growth as your limit so you sell that altcoin or you could do a number like if altcoin A becomes 0.2 USD apiece then you'd sell but you have to make sure that your goal would be feasible, depending on your research and sentiments on that cryptocurrency you're investing into, that would dictate how much you would hold on to that cryptocurrency.

Now with bitcoin it's a different story because bitcoin is definitely an appreciating asset and a blue chip cryptocurrency meaning that if you're patient enough, you're guaranteed to have a profit, if you're invested in bitcoin, you'd get away with setting an ambitious price goal, make it 200k USD hell maybe even 500k USD, there's no limit, just make sure that in all of this, you afford only what you can afford to lose even if you're doing DCA.

Coin buying, selling and holding depends mainly on coin development and price. If the investment is made at a high price and the price of the coin falls in the market, then I think that the coin should be sold instead of holding. Moreover, if the best projects in the coin market are of course long-term, there is a possibility that the price will increase at some point in the future.

The price of Bitcoin is very volatile so everyone uses it in different ways, and the most common is to buy when the price goes down and sell it again when the price goes up to make a profit, very simple.
However, if you invest in Bitcoin for the long term, you don't need to care about the price of Bitcoin when you want to make a purchase. And you just buy when you have more money and hold it for the long term and hold it without looking at the price when you have it, and hold it for the long term as the price of Bitcoin continues to rise. And although there is always a decline, it will rise again and the price will even exceed the price before you made the purchase. And you will only sell if you are satisfied with the Bitcoin price above, and make a big profit.

I don't too recommended to buy bitcoin or some altcoin right now depend have reached most higher price although bitcoin still get another good moment with halving time in forty days later. Better waiting with usually bitcoin price will drop after halving time and have ready to face with risk  or bitcoin potential keep decreasing down if buy right now. Bitcoin seems still on the higher price today after break out the ATH and not good ideas push our self keep accumulate bitcoin right now, I think with current bitcoin have been on the higher price is the moment for selling and bit waiting awhile after bitcoin going dump to buy back.
I won't get the same what happening last two years ago when many people keep buying back although bitcoin over $60k and then drastically dump under $20k.

Well, that's a common thing. When prices fall, people become nervous, and some sell the assets they own. Another case, people sell their assets, but after that the price goes up, and they regret selling. However, we must be wise in making decisions. When we have bought a coin, then we do not regret that decision. In fact, if necessary, he holds the coins until he makes a profit. However, if he does his research and ends up with a negative conclusion, then he will have to sell the assets he owns to stop further losses. Moreover, if he had sold at a profit, he needed to forget about it, even when the price rose after that. After all, that was his decision to make. I have experienced both of these things, and now I think that this is a normal thing that happens in the investment world.

Seen as manipulative to the ignorant, seen as an opportunity to the smart for those who understand bitcoin and how to invest in bitcoin.

We saw that in Q1 of 2024 bitcoin rallied and went crazy after the bitcoin ETF was approved and approaching halving, also there is no more FUD really bothering bitcoin as a reason for a price correction, some people may feel that bitcoin has reached a very high price now and has touched the ATH of the previous cycle, but the value that bitcoin has today is not the main value for the price of bitcoin this cycle, logical or not bitcoin expectations in this cycle may not be taken into account given the competition of institutions in accumulating bitcoin and retail that only a few enter, if you look at the data on the chain, maybe you will see something more valuable and why so many people believe bitcoin will have a price to $100k.

Just set your target if you are afraid of losing.

There is no need to be overly greedy, although you always want to buy at a cheaper price. :) Even if the price fell after buying the coin, this doesn't mean absolutely anything if you didn't sell at the dropped price, because you still have the coin. 1 coin = 1 coin.

Why worry about it if the seller made a profit? Another manifestation of greed.

Curb your appetites. :)

How I don’t like it when they try to fit the situation into the only correct pattern.

Now is the time to both buy and sell. It is the open market where both of these types of transactions occur. Those who benefit now are selling. Those who benefit from buying, buy. You don't know what to do in the current situation? Analyze your personal situation and, based on this, decide what is beneficial (or necessary) for you.

This has been experienced by many investors, where they buy coins instead of going down and then sell coins instead of going up. This has often happened that we experience so you can determine the selling / buying price: such as selling half and then keeping some to wait for the price to rise again.

Now is still the right time to buy because prices can rise at any time, people who bought at $22K can sell now to make a profit, but are they sure they won't keep it? It would be a shame to sell now when the halving is still yet to come and the price might rise again as we thought.

If I myself still accumulate and believe that bitcoin will fly ... But never force it if there are still doubts at high prices now, but you don't need to regret it when the bitcoin price will be at $100K.

The Pros and the Cons which is a volatility potential upholding the Bitcoin and the altcoins is what determines the volumes of these coins, they are never stable in this system but fluctuating. Although its will is surged that at the end of a season known for the bull-runs, the increments in Volume should be attracted and appreciates in higher volumes comparing to the Dip.
So Op, if you purchase Bitcoin or any altcoins, be assured that the volume does not go ahead in increments but goes on UPs and the DOWNs while it accelerates upright on a gradual process.

Those who sells their coins when there are still potentials for the Coins increments are either not patient Crypto traders, they don't trust the system and decides to sell of before the market depreciates and utter them looses why might not be able to withstand. So they takes preventive measures so logically it is risky in holding your coins untill it reaches its maximum volume in an appreciative season. Although this happens majorly on altcoins which the volatily strength is very weak and unreliable.

While some sells of their coins probably they are in need of money and can not afford to keep holding their coins because it is providing more incomes while they collapse in need of of the money right there. So they could decide to sell of their coin even a potential market increments. After all your assets is a source of income to grow to you can sell off and sort your financial issues and not to keep accumulating for appreciation sake only.
So at a reasoning for selling off, it does not stop the market from its increments in values and so on it keep increasing uninterrupted according to its potentials.

Bitcoin has not reached its ATH yet and yet the market is so appreciating. It is advisable to keep holding and to purchase too but using the DCA accumulating method while we hope to see the bull-run and Hits the ATH but nevertheless, sell off if you have to, everyone has a vision, target and so on different dreams.
Don't be controlled by influential speculation @ OP.

Currently we are still in a good period to buy even though Bitcoin has passed its previous highest price because the new highest price is predicted to reach $100k.
Such a situation does not always apply. This means that each pattern can change according to circumstances.
If the coin purchased is Bitcoin, I think its value will not change and I don't think this situation will have much influence on Bitcoin investors. If after purchasing the price falls, there is a possibility that in the long term the price will recover to the current market situation.

Buy low Sell high on which this had been the most common approach or idea that we do really need to stick into this space on which we would really be doing our very best for us to make profits
whether you would really be deciding on holding for long term would really be having that kind of short term approach on which we do know that this is something will really be that just depending on a certain individual.
We've seen these these principle is pretty basic and very standard but this is the most hardest thing that  you would really be needing to adapt and adjust.

If things was that just that too easy to predict or would really be able to know specially on when to buy and when to sell then majority of traders would really be that rich which we know that it cant be just possible.
Buy when the price corrects and sell when it pumps. Sounds simple but this is the most challenging thing that we could really be able to face on when dealing up with trading.
This isnt something that you could easily be able to deal with.

For me now is the time to keep what I have and buy again when I have more money to do so. Because now is the moment when prices continue to increase and everyone can see how Bitcoin continues to increase without any serious price correction. So the option to hold what you already have and increase the amount by buying more is the best option before determining the time to sell it in the future even though not everyone will apply what I said at this time.

I can only raise my hand if the direction of thought is not for value but profit. I am well aware that the average investor's goal is to make a profit through returns. I also realize that in terms of price, Bitcoin will experience a price decline even in the long term. But, altcoins don't seem to apply. When the price drops, altcoin holders hope to feel the price increase again, it will be very difficult even though I am not too experienced with a number of big name altcoins.

Yes Bitcoin price is very volatile at the present time especially since last few days Bitcoin price has increased by the most and touched all time highs.For those who are currently waiting to buy bitcoins I think they should wait until the bitcoin halving because then the price of bitcoins may drop a bit compared to now.Now that the price of Bitcoin is at a high volume, it is better not to buy Bitcoin now because the price of Bitcoin can fall at any time from here. However, we can continue to buy bitcoins at this price by adopting a method that is through the DCA method If someone wants to buy Bitcoin after it is high in value.

Generally the the cryptocurrency market and even other currencies market are dynamics a d not static, this actually implies that the market is either going up or it's coming down, so it's then left with you to properly study and understand the market well enough to utilize opportunities to your own advantage to make as much as you can from the market, you don't have to expect the market go in your direction before you take actions because no one has got absolutely control over the market, so it's not like the market is going against you in situations where you buy and the price decrease and you sell the increase, it's only an indication that you should study the market some more and get to know when best to take various actions in the market.

In the current period in which we a re that there are many anticipations about a bull market and a halving I will best advice that what ever asset you have got it's best you just continue hodling until after the bull market then you would see the best opportunity to seel and Mae the best profit off your assets, but if you decide to follow the pattern of the market now you may likely leave some funds on the table at every entry and exit.

I'm expecting that when Bitcoin is expensive, most people will rush to buy it when they see that it is too expensive. But last year when it was still low, around 20k, more than one managed them too much, and now that it's around 70k, they just buy it. It's a huge stupidity for me.

But for those who accumulate from last year, it's not stupidity because they have a goal; unlike others, they can follow or just ride the trend because it's noisy now; that's their stupidity. It's just booming because they see a lot of people buying Bitcoin. But if I'm one of them, don't do it.

The price of bitcoin and most altcoins have gone up a lot so far, so it's probably right not to recommend others to invest now if you truly believe it's not the right time. But I think it's a little better to recommend bitcoin as a long-term investment asset instead of an altcoin, I mean the potential for bitcoin is still very large to provide returns for investors because halving will usually make bitcoin more expensive due to high demand.

But you should still tell them the risks involved so that they don't 100% believe what you say without considering the risks. Prices can still be corrected even though the halving is coming soon, meaning there is no guarantee that prices will continue to soar even though the halving is very close. The opportunity to profit remains, but the risks should not be ignored.

hodl hodl hodl

Right on point! This rollercoaster year for crypto continues, and 2024 may bring even more twists.  As Bitcoin's next halving approaches, many speculate it could push prices up.  Historically, halvings have meant new scarcity driving gains. 

however, preaching responsibility matters most.  Despite possible upside, risks always lurk with crypto.  Prices fluctuate, often violently.  Wise investors acknowledge volatility as part of the game bracing for corrections even amid runs. 

So, rather than making guarantees, we should encourage measured optimism.

We have experienced the situations after approval of bitcoin ETF so there is also a possibility that this huge gain will be nothing if we see Bull season during halving. Effects of good news are so good that it increases the price to a greater extent. In very little time the bitcoin will go higher and will cross the limit of Previous ATH created in the Bull season during 2021.

Halving is only possible condition during which people will take benefit from their bitcoin which they have holded from years and once people start selling it then there is a prediction that price will not go further higher.

This condition should have come at the time of the previous correction and we were ready with money and bought at that time where the options available were extraordinary, we just have to look back for a moment which one rebounded the fastest after the BTC correction where the working pattern was the same. So you're safe if you still survive and don't sell it.

In my opinion, there is still time to buy now, but it is very risky because pumps and dumps of BTC at prices like this are very vulnerable. BTC is already at the peak and many speculators are trading short term to look for a little profit. Maybe the impact of buying at the current price is quite felt by the fall that he experienced. Look even though BTC has gone up a long way. especially if you enter when the pump is running and the price is already 50% and above, the result is that the profit percentage is 10% and the loss is 90%.

My advice for trading is to relax... if you have made a profit beforehand, wait a moment, save your USDT and enter again when the price is deemed appropriate to enter, don't force it.

Effects of good news (if we can call ETF approval a good news) is immediate and short. Meaning if this news were to affect the price, first it should have affected the price right after the news came out not a long time after it and also such effects don't last that long. We can already see how the price keeps on rising which means it has nothing to do with that news...

Now that the bullish season is going to a month when holders started selling their Bitcoin to make a good income that will give them another opportunity to purchase when bearish season appear, and anyone that will continue holding his or her Bitcoin in this high price the Bitcoin has reached in this month of march, the person is taking a big risk that will make such person to feel bad for holding that particular coin till now. I have sold my Bitcoin few minutes ago when the price of Bitcoin hit back $69,217 to achieved a huge amount of income from my long term holding, and anything can happen to the market any moment from this week for the bearish market to appear for we to purchase again. I will not advice you to hold your coins at this point because nobody know what will happen next, it will be a good choice to supply your coins to the market to be part of those that achieved income from this year 2024.

We all understand the simple meaning of "buy the dip". We are now at the highest level within several years. However, this does not mean that the purchase period has passed. Currently the Bitcoin market is in a significant position and the value of some other coins has yet to rise to the level it should be. But soon we may be expecting a big bull run in Bitcoin and all Altcoins. In my opinion, the investment climate is still favourable. A buyer buys according to his wishes and sells according to his preferences. Of course he can sell his purchased assets if there is a profit, but since the market is now preparing for a bull run, it makes more sense to hold rather than sell at this time. But investing is definitely risky so it is better to give priority to individual policy.

It depends on the investors perspective of investment. The market is already appreciating so Investors who invested before this interesting rate according to the Coin market cap who're short term Investors can sell because there's already values in the market to bring them profits while long term Investors can hold and purchase more with the DCA while the market keep sky rocking to the moon.
Anyways, it all depends on individual investors decision if they want to sell of buy.

I think passing buying now is what i will do (at least for a while) because the price of bitcoin
 is really high now and I'm afraid to handle this price , i believe adding some altcoins in my part is enough
as I have enough Bitcoin in my wallets and maybe I cannot handle buying at this high.

Congrats to all who can still purchase in this stage , I salute your capacity guys.

That's it ,our money our decision ,we are only advising people here and not force them following us.

People actually bought the rumor, sold the news and their activities are reflected on Bitcoin price and its chart. Price actually halted and corrected a little after Bitcoin Spot ETF approvals before those ETFs bought a lot of bitcoin and lifted the price to higher highs and higher highs.

Because rumors, news here are actually converting to actual purchasing demand that is massive too. Price consequently moves up a lot and with potential huge capital from US. citizens, Wall Street investors, those Bitcoin Spot ETFs will continue buying more bitcoin.

Halving is still in future and after halving, price will get positive effects months later when people realize how harder to mine bitcoins, how less bitcoins they will get from similar resources is mining inputs.

Well now we are in a 'bull market' so I do not think you want to sell your coins now. It is the worse time to sell your coins when there is the Bitcoin halving in just next month.

Bitcoin did have a very good week. It is now up more then 6 percent for the week. And it is up more then 4 percent in just last day.  It has bigger marketcap then silver now. And it is 8th top global asset.

a number one thing that causes some people not the opportune to sell when there are supposed to sell the Bitcoin is because their lack opportunities and they also endurance because when you know the system of cryptocurrency especially Bitcoin I don't think that will be able to rush and the sell out to your coin that your projects, another then is that one want to venture into cryptocurrency investment especially Bitcoin you should know you want to mention into long-term investment or a short-term investment so that will determine when you will make a profit for your investment or when you will not make profit for your investment.

in this aspect what causes it is when you have not understand the chart of cryptocurrency before you invest in cryptocurrency because it is obvious that many people who invest when the price is low always be a beneficiary when the price Rises so from my own understanding it is a misconception and the misunderstanding of the investors to be able to identify when they are will be able to purchase a Bitcoin and the make a profit and when they are not supposed to purchasing Bitcoin and loose is a instead of making profit.

this is not a big deal to overcome because it is obvious that when you learn and understanding the system of cryptocurrency you will know when to purchase so that the market will not fall on you and when not to purchase so that the market will not be against you, what makes people to experience such is inpatient and also investing in a coin that lacks potentials.

What happened is that most coin are being manipulated by holders for example those coin that are being sold during the presale can be controlled that way were they don't have vesting period and when it's being listed in the market you would see investors dumping them seriously knowing too well that such coin doesn't have a good prospect so what they are after is their profits, when the profit and capital are being pulled out from the project you see the coin dropping uncontrollably. So it's with those who invested and began to make profits from the coin because they had a limited supply, or they have a good prospect.

It is possible and it even happens to Bitcoin after we buy today, it drops tomorrow or in the next few days. There is no exemption to this situation but as long as we hold, it never incurs losses. We have to remind ourselves that the market is too volatile, we can't just only see that it keeps on growing but also, expect possible drops. But guess, all the market events --pump and dump, are considered as opportunities for us to sell/buy.

If we are not buying Bitcoin, it is important to choose potential coins as this will be our assurance that if ever it drops, we can still expect recovery.

When I saw this topic I was happy to share my thought on the current FOMO of bitcoin holders I never knew you were quite general on this topic but I'll assume that it was bitcoin you were referring to by crypto.

Most people get into the shot too late or don't know when is the right time to buy, some are just waiting for others to buy first watching the price without making a move and would end up buying late and surely regret.

Like right now you woudl see a lot of persons talking about selling and making topics on selling strategies when we are not even sure that bitcoin has well reached its peak and what woudl be the reason for selling now, I don't know cause you can buy back if the price soars even higher, many people that fall into this category are weak hands, just wanna sell least the price dumps on them. Weak hands.

It actually depends, you have to know what risks you have to take. Personally, if I buy coins for a bullrun, if the coin experiences a decline, I will buy again because indirectly it is a discount. At the moment the price of altcoins or Bitcoin is decreasing, now I tend to buy more coins to bull run preparation if you want to sell coins you have to think if we take profit we have to speculate the coins will go down we have to have a mentality in investing loss is a risk so do your own research that is in my personal opinion

This is pretty common because there are people who have money but don't have a clear mindset or strategy hence they are either jumping without considering market situation and end up losing or else they just keep thinking and waiting for ever and end up regretting. The only way people can end this misery is by learning how Bitcoin and crypto market works and it's not get rich quick scheme because some still believe we will become millionaire overnight which is not true.

You've responded to several post responses and that's good because you want this discussion to be active. Of course, with Bitcoin all these obstacles will not last long if the situation is like what happened now and some time ago, it is irrelevant. In fact, those who buy it will be faced with an increase, not a decrease.

Panic sell is not in a situation like this which continues to move upwards. Many people experience panic selling when the market situation is bearish. That also happens to people who don't understand market cycles. If this is the case, they hope the bull run will not continue. Right?

Even though the halving could affect the demand for bitcoin in the market, I am sure the impact will not be immediate. The price will rise slowly and it may take months to gain major bullish momentum, but I believe a large return can be expected next year.

Today especially in the last few hours, bitcoin has been heading towards new support. I see $70k has broken out and the low is at $69,900, but this isn't a bad thing at all. At least a market correction can provide an opportunity for anyone to carry out DCA and accumulation, of course that is advice that can be considered when they expect long-term returns.

Buy time because whatever price you bought Bitcoin at, even if its price decreases in the long run, bitcoin will skyrocket above the invested price.
One of the funny attitudes I find newbies do is to complain or feel sad when they see the price of bitcoin decline. Not knowing that each price movement bitcoin makes (increase or decrease) is always at investors gain to buy more bitcoin at a low price and sell at a high price.

You should put a certain time and percentage when will you be selling . same as when you are buying? better to dig about the coin deeper before making a purchase so whatever happens then you know what are you dealing and experiencing.
Plus 1 , saying from one of the respected bitcoin supporter.

it depends on your analysis and beliefs. Before buying you have to do an analysis and if you find extraordinary potential in the future then buy and hold, and vice versa. Trading without analysis is the same as gambling, and don't trust other people's analysis too much because the investment risk is not borne by other people.

Now is the time to buy bitcoin so now buy bitcoin buy buy buy.  ;)

As those of us who watch the market may already be aware of, Bitcoin prices have fallen almost as much over the past few days. Today, the current price of Bitcoin is above $66,000, which means that the price of Bitcoin has changed by -4.24 percent in 24 hours.

Maybe bitcoin has created an opportunity for all of us to buy so we should buy bitcoin without delay. The longer you can hold bitcoins, the more profitable you will be. So Buy Bitcoin now and try to hold it long term for profit.

This kind of scenario really happens.  It also happened to me but my take on this is that holders sometimes missed certain important updates of the market thus selling or buying at the wrong time.  I often see this scenario happens on shitcoins and many other altcoins since most of these cryptocurrency market are manipulated.  If one does not have any inside intel, it would be hard for him to read the pattern of these market.

While in Bitcoin, the only reason why people experience this kind of scenario is that they lack patience and often times FOMO'ed and hastily buy and soon after lost patience and got shaken the moment there is bad news circulate the market.


In the Bitcoin market, one can enter at any point and set a selling price for profit.  One should be patient and should be always updated on information about the market sentiment and news.  So far those who bought in Bitcoin during the ATH of 2021 are all in profit now if they haven't sold their BTC yet.  This simply shows the importance of patience and timing.

The situations you are talking about occur when a person buys and sells a certain asset at the wrong time. So before one gets into the market and starts buying and selling which is called trading, one needs to make sure that one understands everything very well so that they don't face situations like these and they understand when they need to buy and when they need to sell their assets.

The period we are in is the period when most people sell to take a profit because Bitcoin has hit a new all-time high and some altcoins are up as well, so if someone has invested in any of these, they can take profit during such times and then wait for a dump or crash so that they can buy again. It wouldn't make sense to sell right now and buy again very quickly, or even buy when you can clearly see the market is gone very high.

I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.

But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.

Bullish is when others se as opportunity to sell their funds and take profit and even if you say it is bullishing remember that there are n specific time when the bull ends r not, look at the price now? the market is falling .

wow , we have HODLER here  ;D


good luck mate , I am for buy low sell high for now to extend my possible profit .

A good time to buy bitcoin is when we have money and are ready to invest, not because bitcoin dropped 4% and say this is a good time to buy. What will happen if bitcoin drops another 10% tomorrow? So in my opinion, buying when you are ready to invest and have the ability to hold long term, at any price is the time to accumulate bitcoin.

But that doesn't mean we'll buy at any price even if bitcoin hits $200k in this year's bull run. During the bull season, we should limit buying when the price of bitcoin has increased too much and should wait for another bear season to come which would be a more appropriate time. But right now the price increase season has not really reached its peak, so I think we should buy while we have money, don't wait for prices to decrease because there is no guarantee that prices will decrease further.

It's quite reasonable to say that about trading that doesn't apply analysis before running it on anything, but if it's just trading I think it wouldn't be too complicated to make your own analysis and not rely on analysis from other people. Because what is more difficult here is knowing the future of an asset that we will hold for a long period unless we only look at Bitcoin which has been proven enough to be able to be bought and held for a long period without any doubt.

That right and don't forget that there is also the luck factor and it is often an encouragement to invest. If we entered yesterday when the BTC price was 73K, there would be quite a decline in the current market correction where our assets would also fall and if we enter and buy now, it might be better for our emotional level, even though there is a big possibility that further corrections are very likely to occur.

Tomorrow is Monday and prices usually appreciate down when the market opens. However, for those who hold BTC, it is not a big problem, for those who hold altc, you have to be careful and we have to set a stop loss, otherwise the reversal will take quite a long time to return to the price we bought previously.

We always remind you never to place an investment at one price and prioritize options for DCA investment, because the crypto market can never be predicted and the market reality has experienced high corrections even though some opinions say the market potential could reach a price of 80k before the market correction issues. However, if you follow the DCA investment instructions then don't worry if you have entered at a price of 70k above but you have to involve several other stages of investment at lower prices to cover high losses when the market recovers.

The crypto market does not affect the day or month because the price increase depends on the strong influence that has an effect on the crypto exchange, so it doesn't matter if tomorrow is Monday, Tuesday or any other day because crypto movement patterns follow demand and supply.

the best time to say your Bitcoin is when you have a particular target and if you don't have a target make a profit anytime there is a a bullish season so you have to have a target that is why many people today lose for their investment because there does not have data get the only expecting to sell when the price of Bitcoin Rise Up so that is when they have the inner objective to sell their Bitcoin thinking that that is the best time  and the best opportunity for them to make your profit

yeah , exactly my point mate and this is also the reason why I Said i am Hodler because instead of releasing all my coins , I rather keep them hold though Have sold small amount recently for some reason that I think tolerable .

I guess what you mean to say is that bitcoin has already crossed the last ATH but it has not yet achieved its new ATH. Or should I say no one actually knows if that $73.8k is the new new all time high for bitcoin, as we are still speculating that bitcoin will eventually hit $80k after this slight price correction. Hence, I can say that this not a selling time but most likely an opportunity to buy more and accumulate more through DCA.

Bitcoin halving is just around the corner, and so is bitcoin bull run. And in order to maximize our profits when that time comes, then we are opted to buy more and store maximum amount of bitcoin in our portfolio as much as possible.

In cryptorcurrency just know that, while you a taking profits, another's person is losing and when you lose another one gains so that how the ⛓️ chain rolled, you have to agree with that fact, after that you then have to align yourself with  that, that I why it better to hold bitcoin and a few other coins that have stabilities.

When you are lucky to buy bitcoin at a discounted price, you will be in gain anytime the price increases significantly such as in the recent market price which saw brief all time high an still at high price, so it buy low and sell high that is how to stay in profits position all through.

From what you are saying the time we invest can actually affect the kind if profit we make which is true, but bitcoin is designed to get more scarce and with high demand which means one thign that the price would only continue to get higher and sure even those that bought from high price woudl get profits even if not as much as when bought from prices.

It's better to approach bitcoin planning to hold for long than short term cause, short term is just like trading while long term is the real investing in bitcoin, if you want to hold bitcoin for let's say 3 months cause of the bull surely if you time I welk you would get some good profits, but if you had linger for let's say 4 years you sjoudk be expecting a 4x exponential compounding effect on that same investment which is much larger than what you got now.

Each investor will get a different portion of return depending on how much bitcoin he has and how much budget he spent when buying it. Buying at low prices and holding for the long term is a good investment approach - it will give you higher returns considering that there will be a bullish phase in the future.

We have two cycles - bearish and bullish. Bearish can be maximized to buy and accumulate - while you can exploit bullish cycles to gain profits. Holding on without selling as long as possible probably won't give you higher returns than selling at the ATH - but it's just an option that may be useful to you and others.

There is no certain time for buying or selling. But commonly, people will recommend to buy during the bearish season and selling in the bullish season. However, if someone still wants to buy now, it is no problem as long as the goal is clear. I'm sure people who buy now, they set a short term goal/target.

It is the importance of analysis, we can avoid the chance of price drop after buying. Even if sometimes there is an unpredictable condition because of FUDs, we have analyzed deeply at least. Anyway, it is no problem if the price is dropping now, just wait for the next pump if we don't hurry to take profits. That's why make sure we use the funds that it is not for basic necessities.

You be mistaking greed for purpose and ambition you clearly cannot tell when someone is being greedy. Some people panic when coin price falls, as well as is when others see it as a window since their target coin grab becomes affordable.i just don't get your point, mister. And you can't go around calling me greedy, you don't know jack about me and my priorities.

I think whenever is the right time to buy (assuming you're not talking about shitcoins) given that btc won't remain on the current mark for far too long, and as you keep stalling and don't buy, you'll keep regretting, as the price moves on, but there's a flip side, generally speaking, dips are when  most investors go for grabs, most people stall till dips or bearish market to buy coins. As for selling... It depends on what kind of investor you are. Most HODLers hold till a certain time to sell (target price), however, selling is up to you, generally, would be wise to do so on bullish market

I'm also there too😂
Realistically speaking, that's how you make the best out of Bitcoin, HODLing,   Selling off during a bullish market, or targeting a number of ATHs.
I just appreciate this method of investment.
To whom it may concern; it's not gteed, it's wisdom.
Cheers, @bitterguy28

I understand both of them, buying low and selling high makes sense and I think that is how we should be, it definitely improves everyone, we should probably just consider that as the most normal thing.

I think the reality is that we are going to just have a situation where things will not be as simple, and because of that I think we should consider this to be the most normal thing for people have different ideas. Both buying low and selling high stuff and also the buy and hold method, they are both good and there is nothing wrong with them. People could pick either, and as long as the yare capable of doing them both, both should make you profit, it is not that easy to master it but you can definitely do that eventually.

My opinion regarding this is normal because price movements in the crypto market are difficult to predict. I also often experience things like that, when I get coins from an airdrop or bounty the price goes up after I sell, but when I choose to hold the price actually goes down. The most important thing is that before deciding to sell or hold, you do research first to convince yourself of the decision you are going to take.

Yes that is your emotions ie you need to control your emotions to trade. When you get a token from an airdrop or bounce and see the price go up after selling it, you feel that maybe I would have made more if I hadn't sold. So if we trade in any token then we can set the price of that token according to a specific target and place a sell order. So that we don't have any regrets after we sell out at that particular price.

You need to be experienced in trading before you can make sense of your decision. Otherwise you will not be able to profit if you are not experienced in trading even if you value your own decision. When people are good at something, they become successful very quickly.

This is the best time to invest and hold Bitcoin. However, the price of Bitcoin pumped up and just a few days later, the price of Bitcoin went down a bit. Now most of the new investors will be disappointed and sell early for fear of loss And those who are experienced will hold it. So this means if you want to invest then you must be patient despite the low movement of its price and wait for the right time. So I suggest you buy and hold bitcoins. Since Bitcoin's halving is still a few days away, its value will surely increase.

The mentality of holding bitcoin was really tested when the price fell, they immediately panicked and sold it. This often happens to those who don't understand the history of Bitcoin, so before investing in Bitcoin we need something called personal research, don't follow other people's orders so that whatever happens in the market, we will still hold Bitcoin.

For investors who have been familiar with bitcoin for a long time, of course correcting bitcoin before the halving occurs is a natural thing. Of course, when the halving occurs, bitcoin will increase, and many even predict that bitcoin will reach a price above $100k after the halving. And what is certain is that those who already know about bitcoin will not panic when holding bitcoin because they believe bitcoin is an asset of the future, investing in bitcoin in the long term is the best choice.

Since Bitcoin holds much of a long term perspective those that are still early in their accumulation shouldn't think of selling now because it might not yeild much of profits, while those are already far gone in their investment can actually sell depending if they have achieved their investment goals,  a no coiner can actually buy now if only the intention is to hold for a longer time in other to have compounded value .

Well, I would say that investing is not just all about buying and selling, sometimes we need to hold as well. Planning is vital in investing and we need to analyze the market movement. A good investment strategy makes us succeed which I see that most of us don't have which is why many people suffer the consequences of losing their money and the collapse of their investment goal.
Buy low and Sell high should be in our mind and avoid getting caught in FOMO and panic selling because this will ruin our plan and can bring us a disastrous end.

Buying or Selling on a specific time period? Everything would really be just that depending on you because we know that selling and buying conditions would really be basing up on the market situation or condition on which it will really be neither you would be selling out for profits and buying when you do see some dips but the main question on here is on when you would be doing it? We do know that this market is really that purely random when it comes to its movement and really that very that pain in the ass on when to know on whats the right spot on doing such action.

Success would really be determined whether you are doing something right or wrong decisions and this could really reflect on how profitable you are.
We do know that not all would really be wise on taking up some decisions.

Cheers @Kwarkam , we should celebrate together because while others are not believing in what we are doing , and some are even laughing at us but the truth is we are the one that making money when there is bull  market and we are buying when there is a dumping.
and correct we are not green in this but we are mindful about our investments.

If you experience this through coins from an airdrop or bounty, I think this is still in the normal category because you yourself won't know what the future holds for a new coin that you get from an airdrop or bounty. So, regardless of whether you do research, it won't be easy to find out what the future holds, unless the coins being researched are coins that have been on the market for a long time, such as Bitcoin, Ethereum and others. So it doesn't necessarily depend on whether you have to do research or not, but it is more about your own level of confidence in holding the coins before you finally sell them back into the market.

It's said then. Holding is the pros strategy although it requires a lot of composure, patience and discipline, and as well it's also the way to hit it big. But, then, is it that simple? Is that the only best earning strategy for bitcoiners?

Cheers to that, well those who are laughing at holding are basically clueless of how btc works, it's easy, buy, hold, make money. It's funny that anybody would laugh at the strategy for winners. THAT is what's worth laughing at. Mediocrity smells everywhere else but here.
That celebration is on, @bitterguy28✨🎉

I think the main purpose of trading between right time buying or selling, if have ideas for long term holding is the way as investment assets and short term trading will try to find right moment for taking profit. Each trader have their own investing or trading plan when the moment have to buy or sell, we can't dicted them keep hold it when the right moment for selling.
I think the experience trader have understand well with FUD or FOMO moment, not panic yet when price dropping and keep selling after price increasing up drastically although many FUD or most recommended keep holding bitcoin and altcoin assets.

There are many altcoin created every day, they promote them through bounties and also give away free coins through airdrops. Most of them don't last long and tend to fail to gain a bigger market, but if you really believe in the roadmap and goals of the project then holding on to it longer isn't a problem. Of course it is worth converting to bitcoin or top altcoins, but the choice is up to each individual whether to sell or hold.

Advice that might be useful is, don't hold altcoins for too long because in the end many of them will lose in market competition. It's a good idea to invest in bitcoin if the altcoin you hold has given you decent returns, bitcoin has great potential compared to altcoins.

When it comes to bitcoin then the rising and falling prices are something we often see. If people understand the journey of bitcoin, then in a downturn it doesn't make them more worried because there is indeed a moment of recovery that will bring bitcoin to a much higher price. Calmness and not panicking is the key to investing in bitcoin because people actually lose a lot of money in bitcoin investment because they don't understand how to invest.

For me it is more important to understand how to make a purchase than when to sell. Why I say that is because there is a cycle that can lead someone to make the decision to sell bitcoin. But when you don't understand the purchasing strategy, you will actually lose the opportunity to make a profit at the next ATH.

When it comes to BTC, it's all about buying and buying and then HODLing. The halving is almost here and many are hoping for the price to hike before that. I have also been following financial instituitions' word and SCB has currently estimated the price to hit $150,000 by the end of the year. That's pretty promising. Sure, no one can predict the price, but the word around seems to be pretty promising.

Many people remain confused between when to buy and when to sell and the main reason for them is that they are unable to distinguish themselves whether they are traders or investors. The decision to buy or sell is determined by whether one has bought Bitcoin for long term duration or for short period of time.

The market will never move in one straight direction so those who have bought Bitcoin for long term they should not be panic and should not close their position on bitcoin dump. For example, if any bought bitcoin below 30K, he or she shall not sell it at 50K or 70K, even if the market retraces from these key resistance levels. A real investor will only sell near the top of the bull market and they are the ones who get the most profits out of these investments.

The bull is never the beat time to invest in bitcoin, can you say the best time to buy a car is when the price is high or when its cheap, its fools perspective to see the bear market as the bad time for bitcoin rather than the best opportunity to buy, peopel get rich from the bear more than the bull, if you understand this then you woudl know why we buy the dip and hold  ;D


Yeah funny enough he thinks he is investing in bitcoin, when he is actually trading, what stake would or do you have in bitcoin in the next 5 years, you might be laughing at long term holdings but you don't actually know what you are doing, you said you buy low and sell high to maximise profits but If I am holding for longer term I I also doing same thing the only difference is I am allowing my profits to compound over time and then I woudl cash out with over 40x on my investment and even better we know bitcoin is designed to get scarce more and more with only 21 million total supply, whales are busy buying yo make sure there got a huge amount of that stake, u might not have much to compete, but if I can have at least 2 bitcoin then in the next 29 years to come you can't tell how much those would be, so yeah long term holding and investment still wins.

New investors who lack experience and knowledge may sell, but not those who are experienced. Most experienced investors will accumulate instead of panicking and selling when the price drops, which gives them the opportunity to earn more bitcoin for long-term profit targets. Halving is an opportunity for everyone to build their wealth, especially if they have bitcoin and some other assets in their wallets.

I know that $100k is the expected target as the new ATH for bitcoin in this bull run, but prices are unpredictable. The price of bitcoin could be higher than $100k, that is expected but there is no certainty whether it can be achieved or not. As long as there is an opportunity to buy, try to buy it and hold it for a while while waiting for the return.

Nobody can predict the future of Bitcoin, I believe that people have known very well that bitcoin price is unpredictable and that is why we said that any opportunity that you see in cryptocurrency generally both bitcoin try as much as you are to utilize the opportunity you have noticed in bitcoin at any moment, but people doesn't calculate well in bitcoin investment,so bitcoin is a business of a target and when you fail to utilize the opportunity you will not make a profit at that moment, so for investment of Bitcoin you have to think otherwise, so I believe you have to make a perfect decision before you invest.

I don't know about you but I believe that's a very bad approach to actually securing profits in the crypto market and that's the mistakes that many people do. You buying a coin and then watching it price in the charts always is a very crazy thing because your mind would be skipping every time and you might fear out and sell the coins at the wrong time. I believe on buying and setting a fix price or goal at which you would like to sell, this will reduce the stress of constant check on the price of the coin.

Usually the behavior of novice traders who want short-term profits but they don't want to lose assets so they check the market constantly to avoid higher losses, this behavior of traders must be improved to read crypto market conditions and they must understand the fundamental concepts of the crypto market, trading methods It is recommended that you follow the DCA investment strategy of buying bitcoin at lower price points with several purchase stages at different prices and times.

If they follow the above intrusions for DCA investment they will be more comfortable in managing their portfolio because they will not worry about changing market movements, they will choose "buy buy buy" at low prices and they will get higher profits when BTC reaches 100k.

That is really correct; the main concept of trading is to always buy low and sell high, that's all. Then, when there is a correction, apply DCA for a while, and that's it! and at the same time, a trader should also not stop learning here in the field of crypto trading.

The more we practice because we can keep ourselves in the things we want to happen to have passive income in this business industry of crypto business,.

yeah, if you don't know what the fuck you are buying then you are likely not going to do very well by investing in a bunch of random coins.

Only bitcoin is good for long term investing.  If you are generally referring to shitcoins, then you need to be more careful in terms of actually holding onto them.. but yeah, if you have 90% bitcoin and then the other 10% are a variety of shitcoins that you have personally chosen, then yeah, maybe that is o..k. .. but the main one to focus your energies upon (especially in terms of long term investing) is bitcoin not some shitcoins that you are not even able to name..

In other words, learn what is bitcoin first before you start to recommend that it is a good idea to buy some unnamed shitcoins whose performance is likely already just correlated to what bitcoin is going to do.. and not even strictly correlated since the overwhelming majority of shitcoins are going to go to zero, relative to bitcoin.. so why hold them?  especially in the long term? careful about allocating more than 10% of the size of your bitcoin holdings to shitcoins.. especially shitcoins that don't even have a name.

Yes, when the price of Bitcoin falls, new investors fail to hold their investment patiently because they lack full experience.But those who have full experience about investing and those who are experienced keep their investment patiently for a long time even if the price of Bitcoin falls.Because they know that holding Bitcoin for a long time is definitely possible to profit from Bitcoin which new investors don't realize.This proves the difference between new investors and seasoned investors.

If we invest in Bitcoin then we don't need to be disappointed if the price of Bitcoin goes down then we have to swear that we will hold the investment until the price of Bitcoin goes up.

Yes you are absolutely right.Of all the coins in the cryptocurrency market, only Bitcoin is a good long-term investment. Investing in Bitcoin for a long period of time earns the best profits that cannot be earned from any other coin. But those who want to invest can invest most of their money in bitcoin and some amount in various sit coins or alt coins according to their ability. However, they should also know that investing in sit coins or alt coins involves the highest risk because investing in these coins can also result in you losing your money. If one invests his money in bitcoin instead of these coins and is able to hold it for a long time then his patience will surely pay off.

Lol don't compare Bitcoin to airdrop shitcoins because there are too far difference ,
bitcoin is consistently growing each 4 year cycle at least while most of airdrop coins are
either staying stagnant of will die eventually.
btcoin will always be the best to hold and trust for long years.

It is only the weak hands that sell off his or her coins unplanned especially after involving in a coin that doesn't have hodling potential, it is only a short term traders that panic about  price volatility by selling when price are stagnant for too long or probably dip more than expected hence the reason why Bitcoin long term investment plan has proven to be the best option because even when price surges on the downward trends there is pretty much conviction that is will rise over time and give you the compounded value of your investment over a period of time.

The said coin can only be Bitcoin! any other coin will only be a pure gamble and there
is so much noise in that space you would be easily led into a pure $hitcoin.

Timing is a big consideration for buying and selling, but more so selling. We are approaching
the Bitcoin halving and with the historical events surrounding the halving you should be
buying now and if you want to sell - wait 8 to 12 months.

Dont be worried in a bull market if the market falls, its only a short term event. Todays value
of $64,500 is an example, last week it was $74,000 and I'm not panicking.

My take on this is that person is the kind of person that easily falls for get rich quick schemes, they don't deserve or they shouldn't be in the crypto market if they don't have the patience to wait for a crypto to go up in price or have the nerves to not panic when the price suddenly drops because that's bound to happen a lot in crypto market, some of these people though are just miseducated and misinformed so it's not really their fault that they're like that, they can be change if they find the right people to teach them the things that they need to know about crypto, some are lucky enough to have this while there's others that will learn the hard way, by losing a lot of money before doing some form of research regarding a certain cryptocurrency.

It depends upon any future aspects the coin shows.

Any site the coin has, where you would read their way of future prospects and as well as their adoption can be seen on twitter as well as any market place where it is listed..!!

Always follow the coin handle on twitter if you want his popularity to be analyzed…!!

And its future prospects can be inferred from its site..!

And  Again this Happens all the time to all the traders.

You buy at say 70 and wait for it to rise. It goes down to 69, 68.5 and you are starting to bite your nails. And now it suddenly skips 68 and goes to 67. Now, you are fretting and thinking of selling now to prevent further lossess. Market becomes flat for sometime around 68. And suddenly, within 2 minutes, goes upto 72. You are over-excited that you have actually going to make profit from what you thought was a losing trade. And you pounce to sell it immediately before anything bad happens. And after your order has filled, you now go to the screen to find that price has ticked its way to 76.

Now, all you feel is that you should have waited and you regret not doing that. You calculate how much you would have made if you had waited.

Now this 'regret' is what makes you think that you have sold early.

Let me tell you one thing, the markets are always going to be there. Everyday. The market is full of opportunities. Everyday there are going to ton of opportunities. Missing an opportunity and feeling bad is definitely not going to help you in increasing your efficiency.

It's not always like that. What if it is hold hold hold?
Personally, I'm done buying. I have a lot of money in bitcoin, over a million dollars. Why would I need to buy more?
On the other hand, why would I sell? Bitcoin is eventually going up anyway, be it a month, or a year, while my fiat money goes down. Inflation is so high that people who bought real estate in 2020 could sell it for more today after living there for 4 years. The only certain thing is that fiart will go down, so you're doing better holding real estate, bitcoin, collectibles, even bonds.
If I were you I'd buy, unless you have a lot of bitcoin already and not too much fiat money then just wait it out.

It would be best if you can tell what cryptocurrency because even if we see altcoins pumping uniformly, they CAN still individually decline. So, are you asking about Bitcoin? or Altcoins? Or even memecoins which its investment can be almost anytime. Don’t just go buying/selling because it’s seems it’s time to buy/sell. If you have some coins already, simply hodl it. The bull run isn’t done (I believe). If it’s not enough you can buy some more. When it’s time to sell, you wouldn’t need to ask because it will be obvious. 

Now that we're in a period where it's basically a short bull run, before Halving, the price of Bitcoin has increased at the moment mainly because of Bitcoin ETF acceptance. So now is the right time to buy if you are with Bitcoin and the right time to sell if it reaches a big bull run in the future. Maybe if we wait until 2025 we will reach the bull run.

Buy time. We are currently in a bull market, and following a bull run comes a bear market, so if an investor is buying now, let them make sure they have a planned price to sell some of their holdings in Bitcoin. Not everyone can wait till the next bull run, so those who missed the current one(this bull run) would have to wait for the next one(upcoming bull run)

Yeah, but you are delusional if you are failing/refusing to recognize and appreciate that bitcoin bull and bear markets tend to take place over several years at a time, while at the same time they are delayed indicators in terms of when they can be called, so they are easier to describe historically rather than while we are in them (or if they have changed)..  

In other words:

1) we had a bear market from December 2013 to October/November 2015, but many of us did not realize/recognize it until about mid-to-late 2014.

2) we had a bull market from November 2015 to December 2017, but many of us did not realize/recognize it until about May 2016.

3) we had a bear market from December 2017 to December 2018, but many of us did not realize/recognize it until about mid-to-late 2018.

4) we had a bull market from December 2018 to December 2021, but many of us did not realize/recognize it until about May 2019.

5) we had a bear market from December 2021 to November 2022, but many of us did not realize/recognize it until about May 2022.

6) we have been in a bull market since November 2022, but many of us did not realize/recognize it until mid-to-late 2023.

7) don't be expecting BTC markets to be flip-flopping around and using dumb-ass terms to describe bear and bull markets, when you are merely just addressing short term trends within linger periods of time.

8 ) this current bull market has good chances of lasting anywhere between 9 months to 18 months longer, with several potentially large corrections within it but also several exponential Uptrends within it too. and so the reason it is considered a bull market is based on the odds for up being greater than the odds for down.. and yeah again by the time we are out of the bull market, we are not going to know, realize and/or recognize being out of it until several months (perhaps 6 months or more) after we are already out of it and after the top ends up being in for the cycle.


You seem to be mixing up the concepts of investor and trader.  Investors do not need to play on selling some of their BTC holdings until they have reached a status of having too much, and you don't get to a point of having too much by selling.. you get there by buying.

And sure, there is an option to trade bitcoin, but that is trading.. not investing.  And it is questionable whether it is a good idea to trade an asset like bitcoin which is either close to the best or the best asset ever known to mankind.... .... but don't get me wrong.. I have no problem with the idea of selling some BTC once you have enough or more than enough, but I don't consider it a good idea to be fucking around with selling BTC if you have already concluded that you don't have enough and your goal is to acquire more BTC. That seems a bit lacking in focus, and the kind of thing that loser do.. especially since we already know that an overwhelming majority of traders lose more than they gain.. especially if you try to compare them to a long term strategy of just buying and holding BTC.
 

Why? Waiting does not seem to be a good strategy for anyone who either does not have any BTC or does not have enough BTC.  The only way to be prepared for upwards price moves in bitcoin is to own some bitcoin.. and it takes a while to get to a point of having enough BTC.. especially if someone is coming to bitcoin and has no other investments, so all that they have is their regular salary to invest into bitcoin. it could take 10-15 years or longer to accumulate a significant and/or meaningful bitcoin position for someone in that kind of a situation... but waiting does not seem to be strategy that anyone should be advocating, especially if someone is trying to acquire a longer term BTC position.

Such quotes are often heard as many newbies and novices who just join crypto platforms. It is not only those who are inexperienced in such situations but there are many who sometimes make such statements even though they know. But in most cases, beginners make these mistakes because they don't know when they should buy and at what time they can sell and get profit. A common denominator with Bitcoin is that those who buy it long-term must be profitable. No movement is seen in the short term. If one tries to sell bitcoins after buying them in a bearish period, he will lose and if he buys in a bearish period and sells it in a bullish period, the amount of profit will increase greatly.

BTC Still remain the king among other cryptocurrencies, buy it when the price is low and hodl it for long like 2 or 3 years before you can sell and, it will make you to achieve a big reward from your hodling.

This bull run that happened last month made many hodlers to believed that $100k will hit the market before the end of this year because, the price of BTC was close to $80k  last month to make some hodlers to released their BTC but some hodlers believe that the price will still go higher to reach $100k before they can sell to make profit that will make them to increase their capital in the next bear season.

You are likely thinking more like a trader rather than an investor if you believe that 2-3 years is "long term."

You have been registered on the forum for nearly 3.5 years, so you are coming upon a full cycle, and there could have had been ways that you establish a bitcoin position in less than a full cycle, but if you are building your BTC holdings for the long term, it could take you years and years and years to build a bitcoin position.

Even if you had started buying BTC at $500 per week at around the time of your forum registration date, you would have invested nearly $90k and you would have accumulated slightly less than 3 BTC (https://dcabtc.com?sd=2020-11-01&sda=custom&f=weekly&d=4_years&ac=50000&c=true), and financially you would not necessarily be in a bad place, and sure there could have had been ways to better accumulate your BTC position and/or to buy BTC on dips and/or lump sum and front load your investment, but it still can take a while to build your bitcoin holdings, even if you might happen to be able to figure out when the dips are. 
 

Bull runs do not happen like that.  You are using the wrong term.

We have been in a bull market since about late 2022, even though we might not have had realized it until mid to late 2023.


Sure it might and it might hit before the halvening. though the odds for before the halvening is not looking as good.. but it is looking a lot better than it did last October when Adam Back had made the bet about $100k prior to the halvening.. he kind of appeared like a nutjob, but not so much now.. especially now that we are ONLY around 30% to 35% from $100k as I type.
 

Have you been trading the whole time that you have been in bitcoin?  Do you think trading outperforms buying and accumulating? 

Personally it seems problematic from my perspective for guys to believe that they can accumulate more BTC by selling BTC rather than by buying... but sure everyone has their techniques and hopefully you are able to reach your goals and/or to build your BTC stash, but yeah if you don't recognize BTC as valuable, you might be spending too much time stacking dollars rather than stacking sats and that is likely NOT going to end up being as good of a place to be, even if it may well take a bit of time to build up a decent-sized BTC stash.

Everyone who has just started getting into crypto, of course they don't yet know how to make a profit by investing or trading in crypto and this is normal, but if they can learn about crypto, of course they will be able to understand it well. either the right time to buy or sell in order to make a profit from the investment.

Of course, everyone who will invest in Bitcoin of course wants profits and they must be able to understand it well so as not to make the wrong decision in investing and the easiest thing that can be done to invest in Bitcoin is to use the DCA method, we buy in stages and hold on. in the long term to be able to generate profits from investments.

You don't have to be an expert if you want to get returns from investments, but you just need to know how to buy, withdraw to your wallet, and secure your wallet and hold it for the long term. It's a simple thing for anyone to do, but in fact not everyone who invests is an investor, but they are basically traders.

I prefer simple instead of expecting everyone to be an expert on day one. Over time, they will gain experience and hopefully also be able to develop their strategies and psychology as investors.

No one should really be panicking when you have understood completely the movement of bitcoin. It has its own highs and lows, but we all know that price decline never go consistently because at the end of the day, bitcoin price will rise and will definitely reach an all time high. Having said that, you will know that if you come out panicking, you will be at loss in the end.

The current price of bitcoin is priced at $67k and I should say this is still a good buy, but hold it for years so you can really experience how it feels to be in massive profits. Otherwise, if you buy at this price and aim to make short term profits, it would be hard for you to achieve somewhat an impressive price.

Dont forget the most vital of all, Hold Hold Hold.  Its literally gold standard advice that you will just do better holding onto something rather the constant speculation as to buy or sell.  Very few people should speculate rather then hold because not many of us are of that caliber to do better then the market.   Also you will just have your own priorities when to buy or sell which conflict with the actual best timing in the cycle, your ability to be objective is unlikely to remain intact unfortunately.

The best advice is certainly hold onto a well performing asset, despite all the steep negative declines BTC has had along the way its overall done incredibly well.  It does not make sense to sell a high performing asset in order to hold Dollars which are like candy floss in the rain comparatively.  If you mean to consume it immediately then sure people I get have bills  to be paid but in general don't sell don't imagine you are a great speculator of assets, commodities or anything in particular.

Holding would really be just that totally be depending on the coins that you are holding whether it would really be worth the hold or not, we do know that when it comes to long term then we would really be definitely
be going for Bitcoin and some top L1's that we do have currently on the market on which it would really be that something that depends into your choice but we arent that not numb on not to see on how these coins
fly out with colors all over the years that has passed.It is really just that there are really those people who cant really be able to bare up on holding up for too long.
This is why they cant really be able to hold up their position for too long and when market did have that kind of bullish run then this is where they would really be starting on sharing up their
regrets and those sad words that they should have done this and that.

Yes, if we already know what investment is, especially a strong asset like bitcoin. Of course, I personally will hold it as long as possible and there is no need to panic if there is a big decline. I will buy it again every month or with the dca technique I don't think about today but how I think about the future for my descendants in the future.

If you sell it and panic in a falling price position, the more profitable are big investors, they will buy or buy back this asset and add to their assets, they don't care about other people's things. What they think about is how they can have as many of these assets as possible for them. They understand this asset is very rare.

There is no such thing as "top L1s" except for bitcoin.  So hopefully members are not so retarded as to hold any more than 10% of the size of their bitcon holdings in various shitcoins .. and 10% would be the max for guys who cannot resist but to gamble, which is what you are doing with any shitcoin(s) that you choose to hold..

and another thing, don't be trying to cheat by continuing to invest into shitcoins (by reallocating and engaging in various other potential loopholes to put more value into shit that you are not even able to name - except for claiming that they are "top L1" which is just a bullshit kind of an idea anyhow) when they are losing value unless you might be injecting new money into shitcoins, then surely you could buy up to 10% with your new money for any amount of shitcoins that would be measured from the new money that you would end up putting into bitcoin and then allowing yourself to put up to 10% of that new money value into various shitcoins... .and surely with any gambler, they may well find ways to  allocate more into their gambling habit than they should be doing, so hopefully, for your own good, you are able to figure out ways to limit your temptations to gamble into the shiny objects that are known as shitcoins... but yeah, shitcoiners and gamblers are going to shitcoin/gamble.

In this context I can say that we should learn from past experiences. Those who failed to hold Bitcoin in 2018 realized in 2021 what level of assets Bitcoin is. And those who will make mistakes in 2024 despite knowing the fact, they will be understand their mistakes by 2025. But Bitcoin is not for 1 or 2 years profit hunting assets but a potential asset for long term. People who hold bitcoins for small profits never realize the importance of long term bitcoin holdings. None of us know when Bitcoin will be at its most bullish, but only long-term holders will have that chance. Accumulating bitcoins for the long term with DCA is the only way through which investors will be able to realize their goals.

You are correct about the need to continue to accumulate BTC through whatever methods that you can, including but not limited to DCA - yet I am not sure about your assessment that normies learn their lessons by witnessing various kinds of past BTC price moves, because it seems that there are a decent number of folks who continue to fail/refuse to learn lessons in regards to BTC accumulation and that is part of the reason why anyone getting into bitcoin and continuing to accumulate BTC until he has accumulated enough (or more than enough) are still early to the whole assessment regarding where bitcoin is in the world as compared to other assets and/or currencies.

The correct lesson to learn seems to be to accumulate BTC and/or to get started ASAP accumulating BTC, yet I expect that the overwhelming majority of the world's population have not figured that out, even though some of them have actually witnessed some aspects of BTC past price performance.

Your topic of discussion is talking more of trading which might not be necessary for some people expecially those Bitcoin accumulators. That is why holding bitcoin is more important. Most people buy and sell due to being afraid of price dip, and they end up losing some reasonable amount. and most times the coin they buy mostly is shitcoin which we all know that they have no potential. They may rise and make people to invest and dump at any given time. What we should be thinking right now is to buy and HODL Bitcoin because bitcoin is the most vital and important asset that everybody needs to have in there wallet. Having a few amount of bitcoin is better than having billions of shicoin without potential.

This post seems to contradict your other post in the Road to $100k thread Pi-network314159, in which I responded in a quite critical way  (https://bitcointalk.org/index.php?topic=5488435.msg63910997#msg63910997)of what I believed you to have been proclaiming in regards to an expectation to a BTC dip in your post therein.. or your therein expressed (seemingly lopsided) expectation that BTC prices could not end up just going up from here without any further price correction.

Exactly, despite the performance of Bitcoin the past years. Some people at there haven't learned anything that they are missing out big time . Most are there waiting for a huge drop in price (which may not happen ) before they would take action in accumulating bitcoin, while some are still having the mindset that Bitcoin is going to crash ( which is not possible), and some are being decieved with the urge of investing in shitcoins only , with the thought of making alot of profit (mehh that's just greed because you may endup getting yourself reckt with such act). All this are just wrong, one should start his accumulation of Bitcoin now , and leave the status of being called a no coiners, as they have seen the previous performance of Bitcoin in the past years, which shows that bitcoin ain't waiting for no one it will keep on growing, gaining more adoption while you keep on missing out big time, while those to have some stash in their portfolio would keep on being a testifies of the growth of Bitcoin.

Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis.

Who gives any shits about the best time or the worst time.  If you are new to bitcoin, then you don't have any BTC right now and you have to decide whether you are going to buy or not.

Surely those who already bought bitcoin at various times could well be attempting to decide if they should sell now; however, merely because they bought bitcoin at lower prices does not necessarily mean that they should be selling any of it, especially if they make an assessment of their BTC holdings and their situation and they determine that they do not have enough.

If a person has determined that s/he does not have enough then they do not get more by selling it, so then the ONLY way forward is to buy, and therefore to figure out whether to buy now or to wait, and surely it does not seem to make sense to prepare for BTC prices going up by waiting.. .. so then it will still come back to an assessment that each person has to make in regards to whether he has enough or not.. and surely as a general principle, the overwhelming majority of regular people do not have enven close to enough BTC, which is part of the result of an assessment that bitcoin still has pretty low adoption, such as in the 1% arena, and perhaps even less, so generally speaking around 99% of the world's population does not have enough bitcoin, so sure, you could still determine that you actually have enough, yet I doubt that is the case for an overwhelming majority of people.. ..

And, yeah sure there might be a decent number of forum members who have enough, but even that seems to not be the case.. and I suspect a decently sized number, probably even a majority of forum members do not have enough BTC.. .whether they realize it or not.

Bitcoin investment is a powerful asset, this asset can be left for the future and future generations. Because this digital asset will seem modern as it moves into the future. Bitcoin is created in such a way that it holds the highest position among digital assets. So no investor should neglect to hold this asset for a long time, everyone should try hard enough to hold Bitcoin as it is a huge and valuable asset in the future. So if one can't save it by accumulated money then surely you try to hold it for long time using DCA method. The only way to hold your Bitcoins is through the DCA method.

Which ever method to be used will be best known to the investor in terms of his or her physiological and financial situation, investment goals and objectives inclusively. However, the method of buying and holding your Bitcoin may not really matters but what matters is the size of your Bitcoin and how long can you be able to hodl, your ability to have a sizeable Bitcoin investment and your ability to hodl as long as possibly 5 to 10 years or more, you can lump sum, or use the dca method or probably combination of both and this will tailored down by each investor in such a way it  will suits them in terms of physiological/financial situation including their investment goals and objectives such that what the question Will be at the end of the day will be how much of Bitcoin do you have and how long can you be able to hodl.

You know any method we use in accumulating bitcoin has an impact on our portfolio, from my research and observations the DCA method helps reduce the impact of market volatility on our portfolio and unlike lump sum that is just a one time whole buy and if you had bought in a very high price when the dip comes yoir portfolio would be on a big lose although not permanent but for newbies just getting into bitcoin that could be quite the headache for them, so the DCA strategy would be a better accumulation method for a newbie cause he would have to worry less on how his portfolio is doing and just focus more on buying only.

Yeah everyone must figure out the best way they which to accumulate that suites them based on their financial capability, but any strategy can be used by anyone and its not as tho the DCA strategy is only for people with little capital, its just dividing your capital into parts and buying at intervals, so even someone with huge income cam use it and still be very successful at it.

I think it’s strictly up to the individual investor to determine what’s his or her purpose for investing. Don’t know if there are those that invest with the hope of taking the profits from time to time to get by the day but, that would be a bad approach towards Bitcoin investment as I see it now. It leads to panic at every red candle you see on the charts, you don’t want to loss and that’s an impossible to investment. That’s why it’s advised that you invest with spare money. It in a way prepares you for anything and everything and you don’t get scared of taking the risk to watch how every season to the market unfolds.

I think someone whom is already armed with the knowledge that the market rises and falls have no reason to be scared of red candles. Especially when your in this for a long term investment. You wait it out and after a dump, the pump would surely come and boom, your back to profit. That’s what it’s Gould be about, the patience for your ideas to play out.

It's just normal because timing the market is difficult. You may buy at the right time, yet market price creates a short term correction to stop you out before rallying higher. Or the other way around, you may sell at the moment, then price would rally short term to take you out before creating a dip. One key to that is to not pick top and bottoms. Just ride with the trend. Don't sell back your position if you have strong conviction that price is going higher.

Don't get confuse because the market is built that way and that is to manipulate price before going to its real direction. Hold until target is met, only sell when your initial idea is already invalidated.

When you talk about Bitcoin is often considered a strongest investment option for different ways and buying and selling in a long run is very important in bitcoin. Let take it was the first cryptocurrency and remains the most widely recognized and accepted, giving it greater liquidity and market stability compared to other cryptocurrencies around the crypto space

 Bitcoin has a limited supply, with only 21 million coins ever to be mined, which can potentially drive up its value over time due to scarcity. Additionally, Bitcoin is often seen as a store of value and a hedge against inflation, making it attractive to investors seeking to diversify their holdings.me I prefer to hold bitcoin and sell in the long run because it worth all it take to gain from it in a long run.

It's the prime mover, no doubt about it, but it terms of ROI, there could be a lot of altcoins that can give us that. But the problem is that it's hard to find and there is greater risk. As compare to Bitcoin wherein we can accumulate and look for the long term perspective of it.


And with the incoming block halving, the demand will surely go up as the supply is dwindling and be scarce as ever. So for me, it is still buy region even if we are in the $70k'ish. The bull run is incoming, there are still a good chance that we double our money in the next couple of years.

IMO, buying and accumulating appears to be in line with Bitcoin's behaviour. As the profit piles over a long term, and as such fits a long term investor. Holding over a short term could curtail losses, or the risk of it spikes by a lot. What I mean is over a short time, there could be fluctuation in btc price, but then we know that in the long run it's going higher, for sure.
Yeah, which would still end up being worth it. Buying and accumulating vividly outperforms trading,  and yes, when you keep trading you find that you're accumulating the wrong currency.

There are many investors who cannot invest due to the fear of price correction and many times lose the dip price. But i am always more busy with trading during pump time in crypto market because that is when best profit can be made. Many tokens have increased in price several times during this time so if you buy tokens now at this time there is a possibility of a big loss. Also bitcoin can reach the level of a big dump so it will make you think twice. I want all investments to be profitable so you need to experience this.

I actually feel confused by what you are saying, because there are investors who are not investing in anything now because they are afraid of being hit by a price correction in the market. I think the people you mean are not investors, but just people who don't have knowledge in investing or don't have enough knowledge to invest so they are still afraid to do it. Likewise with traders or for example, like you, who cannot be compared to investors because you only hunt for profits in pump conditions and then leave the market when prices have fallen.

And what makes me confused about your words is why do you have to think twice when you want to buy Bitcoin which you say can still reach a big dump level? Isn't that a good opportunity for many people who want to buy at a discount and then store it well to see the best price in Bitcoin again, because Bitcoin is a long-term asset that is not pleasant to hold in the short term.

Investors who are still afraid of the risks associated with their desired investments are not good investors. Because most true investors will carry out research, analysis, knowledge, understanding and also know the journey to determine their actions. And a true investor would not do this without having knowledge and understanding and knowing the risks involved, and this applies to any investment.
And corrections are a common occurrence in the crypto market that we have to face, but we don't need to be afraid, because whatever happens will eventually bounce back. And this correction is only temporary because apart from aiming to invest long term in cryptocurrencies, especially Bitcoin, the results are also uncertain and also risky. Moreover, if you do not have a good understanding and knowledge of the coins you buy, it will be in vain and there is a risk of loss, therefore you must have good knowledge and understanding of the coins you buy. So that everything goes according to expectations and is also done very carefully.

That is retarded.

Don't be so fucking stupid.

Figure out some kind of a plan, and just buy BTC regularly for 4-10 years or longer, and then figure out what you are going to do some place later down the road.

Just pick an amount to invest that is not going to cause you to get emotional about largely meaningless short term price moves... and after you have been investing in bitcoin for 4-10 years or longer, it may well start to become more clear what you might want to do next.. depending on if you attempted to learn more about bitcoin along the way.


You sound distracted.  Who cares about crypto and shitcoins?  You are likely wasting your time with that nonsense.


You sound lost.   

Hopefully no one is following your suggestions about getting involved in shitcoins. 

Sure if you invest into bitcoin and you cannot help yourself but to trade and to get involved in shitcoins, then if you at least limit your exposure to no more than 10% the size of your bitcoin investment (without cheating by continuing to take away from your bitcoin investment when you continue to lose money with your shitcoins), then at least you might have made some attempts to keep your gambling in check, but yeah, one of the problems with distracted shitcoiners and degenerate gamblers, they cannot figure out ways to either limit themselves and/or to identify the main thing that has value, which is bitcoin... so yeah, you are likely going to have fun staying poor by staying distracted with shitcoins and chasing around pump and dump nonsense... hopefully you don't lose too much, but yeah,  you are likely not going to make any progress in life when you cannot even identify the thing that has value (which is bitcoin).


Bitcoin does not need to be done very carefully.

The main thing with bitcoin is getting the fuck started, and yeah, sure you have to figure out your various budgetary matters and how to source your coins and then to learn about bitcoin along the way, as well as modifying your budget in such a way that you are not buying bitcoin beyond your level of discretionary income, so there are things to do with bitcoin, but you do not have to do all of those things prior to getting started, likely you probably would have to do with shitcoins. 

So one of the main things is to forget about shitcoins and just focus on bitcoin and then after a few years of investing into bitcoin and learning about it, then you would potentially be in a better place if you were to want to get involved in shitcoins, yet with shitcoins it is probably better to limit your involvement in them.. hopefully less than 10% of the size of your bitcoin investment.. .and no problem trying to be somewhat aggressive with your bitcoin investment so long as you don't reck yourself and you manage your bitcoin investment within your discretionary income (which means that you are using money that you do not need for your expenses).

Even though he has the rank of 4-star General, if he hasn't started it will have any effect, especially if the understanding of BTC is still at level zero. Yes. That's right, as JJG says where the basic points about bitcoin start, it will be easy to come together if you already have a firm understanding and are on target.

 Exactly, whichever way you may sound, a lot of folks will never adhere to it unless until the negativity hits then up, and it can be very funny when addiction will get in to it at the results of chasing losses while at the end they will become jealous of those who has paid that sacrifice of taken the advantages of investing in long term on seeing their achievements while they were busy chasing quick profits that has zero percent guarantee, yeah any one can do whether they like.

With what you are talking about it is actually not very suitable if you say what you say is an investment because in my opinion the steps you are taking are not an investment but only gambling in the name of trading because from looking at what you are doing you are actually not sure what you are doing to invest but you just wrap it up as if you are doing it with an investment but it is not because you are just trying to make several efforts including trading and gambling on some shitcoin with a smoother wrapper by saying investment.

Bitcoin can go down to a lower price but that doesn't make you think twice because that's a good momentum to get a bigger portfolio because when a decline occurs at this time what we do is not about worry but the feeling where bitcoin can be bought more and make us forget ourselves with the original goal because the bitcoij that goes down sometimes makes the buying strategy we do more aggressive.

Bitcoin is still at it's early stage and making too much of researches, analysis, and  knowledge might make you not to buy Bitcoin because it is still a new growing asset where there can be lots of new things being introduced hence, having a basic knowledge will just be fine while you learn other things on your way up. And moreso, you can not know how the journey will be unless you get fucking started.

There is no certainty that everything will go according to your expectations but rather you should be prepared for the up and down that may or may not happen. I also want to add that investing in Bitcoin is beyond only getting knowledge, researches and analysis but it also has much to do with your personal self conviction which will help you make an informed decisions as regards to your investment.

learning of Bitcoin is something very important in cryptocurrency technology and sometimes people dislike investing their money in Bitcoin because there have not understand the functions of Bitcoin or the importance of Bitcoin when you introduce someone in Bitcoin, and you know very well the importance of Bitcoin on your own and the person you introduce does not know the importance the person might decline that is not interested for Bitcoin investment because it has not undergoed a research concluding, the problem we have today in cryptocurrency investment is from people who does not make a research about Bitcoin and also understand the importance of it come before they ventured into bitcoin.

you are now buying bitcoin with high hopes and selling it again, that is a normal thing in the market, you are able to buy and hold it for a while and you keep it, this is not the right time to sell, therefore plan from the start with very careful calculations whether you want to buy or not. selling, planning the decisions taken and by investing there will be hope for the future

Yeah you are right, with just having the basic knowledge of Bitcoin one can start his Bitcoin Accumulation. Without any technical skills involving, so there's no need to waste any time procastinating and all that , that you require a certain amount of knowledge before thinking of accumulating bitcoin. If one tend to continue with such mindset he or she may endup missing out in this great opportunity which is investing in Bitcoin. Yeah bitcoin is still in its early stage and soon Bitcoin won't be in 6 digit but 7 digit soon . That's how it will continue growing and keep on gaining the adoption it deserves. That why you need to start accumulating now to be in a safer side .


When it comes to Investing in Bitcoin is More of accumulating and holding not selling, expecially those who are low coiners. Because being in such category and you keep on withdrawing from your investment you are only reducing the potential of that investment yielding something good in the future. And you won't be able to secure a better portfolio. So focus more on Accumulating and holding your Bitcoin for long . Without having the mindset of trading with it for short-term profit.

Investing in Bitcoin must be planned for the long term. Investing in Bitcoin in the short term may not be very profitable. At this time the price of Bitcoin has dropped significantly and is currently in the $63k range, at this time Bitcoin should be bought rather than sold. Bitcoin halving will be soon, few days left. Markets likely to rise after Bitcoin halving. In the current market condition it would be wise to continue investing in the DCA method. So buy and hold bitcoins.

Taking advantage of the decline in the price of Bitcoin, of course this will be very profitable for us if we can collect it, we can buy it with capital that we are ready to use in the long term, because even though many believe that the price of Bitcoin will experience an increase again in the next few months, of course this has not happened yet. which can be guaranteed with certainty, so if we decide to buy it, of course we have to be able to hold the asset that we are going to invest in for the long term so that we don't take it at a loss when we need the funds and we end up losing money on what we invested.

For those who have known about Bitcoin for a long time, actually plans like what you said were already made and of course are still being implemented today, especially for people who have seen Bitcoin's three four-year cycles. Of course, they will always consider buying more than selling, even though they have also calculated how much profit they have made since they bought Bitcoin. And it would be a shame to exchange Bitcoin at this time when every day we see large companies such as Microstrategy, Blackrock and Grayscale continuing to buy Bitcoin to increase their assets. Because they are smart people and know that Bitcoin is the most valuable at this time and in the future.

Falling Bitcoin price is a golden opportunity for a Bitcoin holder. There are some investors who simply cannot accept the falling price of Bitcoin and are afraid of losing money. There are also investors who worry about a slight drop in the value of Bitcoin and sell Bitcoin despite losing. As a Bitcoin investor one must buy when the price drops. If you can buy at a lower price then you will make profit. Bitcoin has been on a downward trend from the all time high for the past few days, and if this period is used correctly for buying, then the investor can definitely make profit from Bitcoin. It is best not to sell bitcoins at any dips but to turn them into opportunities by buying those dips.

Whoever that have been hodling till this time must not sell now because their is no point of selling bitcoin when the halving is very close.  I know some people might have started hodling for a longtime when the price of bitcoin was very low and now they might have gotten profit but I think the profit they have right now for hodling is not enough. After hodling for a longtime and planning to sell now that the halving haven't commence is just like a wasted effort.  The reason why you are still hodling Bitcoin till this moment is to take part and experience the halving. Selling bitcoin before the halving might lead to regret because after now the price of bitcoin will surely increase and for those that will miss this opportunity it will be so difficult for them to correct their mistake in selling bitcoin. 

This is the time hodling must be taking very serious and no need to joke with it because we are about to cross the bridge to grab that profit, the result for hodling Bitcoin.

Those who are genuine investors can easily take the falling price of Bitcoin without fear of losing money even if the price of Bitcoin falls. But those who are indifferent about their investment, when they see that the price of Bitcoin has dropped, they become very worried about the investment and even do not hesitate to sell the investment.

Those who have the right idea about investing are willing to buy more bitcoins when they see that the price of bitcoins has dropped. Because if you buy when the price of bitcoins is low, then when you see that the price of bitcoins has increased, you can profit by selling them. Maybe this is how you should invest in bitcoins. Moreover, the current market is going through a dip period, so now may be an opportunity for everyone to buy Bitcoin. Those who want to invest should invest during dip.

If you're trying to invest in bitcoin, then try as much as possible to go with some of these highlighted steps and advise for your safety with bitcoin.

1. Have the adequate required knowledge about bitcoin.

2. Make sure that you buy the dip as you major target for starting.

3. Invest in what you can afford to loose and don't lend for such purpose.

4. Use DCA to accumulate gradually in case of times you may not have a steady financial flow to invest.

5. Only maintain having investment on bitcoin if you haven't grown a thicker skin.

6. Don't give room for fear of missing out or fear of uncertainty demand, all this can cause one to loose hope and sell at the wrong time.

A person with knowledge about Bitcoin, its history, and the whole market, would know what they need to do and how they can utilize the dips or corrections in their favor by buying more as it dips and holding until it goes up, but it is inexperienced and less knowledgeable people who wouldn't know this and they are the ones who think they are losing money if they buy Bitcoin or any other asset and then its price drops because they can see their assets losing value.

Although it's not possible to have no such people in the market because there will always be some, such investors can only understand if someone who knows and understands everything sits with them and makes them understand everything with examples and historical charts, etc., then maybe they won't panic during such times.

What you just explained is the market dynamics, you can't expect what it would do in the very next minute at times. This is why it is good to be well-informed about it before trying to risk your money on it. The market can rise or fall at any time depending on the prevailing sentiment caused by many factors (fundamental and technical), which can't obviously exclude manipulation as well depending on the asset we are talking about, the relevance matters.

Above all, try to learn to be a good speculator, this is what will help you in the journey of trading and investments. The more you know how to read your chart very well and act rightly, the better for you. This is even as you should be ready with the right money and risk management no matter how good you are at reading your charts. Anything surprising can always happen in the market, so be advised!

Definitely buy and hodle, we're just entering bull run so it's still very premature to be talking about selling, because price will definitely surge and every Bitcoin holder will get massive ROI in the peak of the bull run. This Bitcoin price dip that we're experiencing now is a very good opportunity to continue buying, the lower it goes the better for holders that wants to accumulate, because after the halving, gradually price will start to be steadily increasing, don't join those that'll panic and sale in this dip

You used the term incorrectly.  Being indifferent means you are not emotionally attached.. so you don't care.  So an indifferent person would not sell when the BTC price is going down, but an emotional person would sell when the BTC price is going down.


Selling merely when BTC is profitable is not ONLY a bad approach to bitcoin, such a practice of selling merely for dollar profits is not investing, it is trading.

People can do what they like, but trading seems pretty dumb with such a great asset such as bitcoin, especially when bitcoin seems to have so much bias  to the upside, so most people should be attempting to take advantage of bitcoin's upside bias, instead of thinking in terms of short term profits that involves trading.

At the same time, if someone invests in bitcoin and they get nervous about whether their investment is going up or down, then maybe they should invest less so that they are not so worried about it, including that they will be able to establish a kind of emotional fortitude to be able to hold 4-10 years or longer.  For sure, the less that is invested, then the more the BTC prices would have to go up in order to enjoy meaningful profits (and meaningful options).    Accordingly, each person has to figure out how aggressive that s/he is able to be with his/her bitcoin investing without getting overly nervous about whether it is going up or down in price/value.. which I would not pretend to be an easy balance since any volatile asset can create nervousness, even for people who have already developed a great profit cushion in their holdings.

Not every Bitcoin holder will get massive ROI in the peak of the bull run, there are low coiners that is those who are still early in their accumulation process and also those who are already far gone in there investment. However it is only those who has gone far in their accumulation process, considering how much of Bitcoin they have and how long they were able to hold, these are what should be considered when talking about who is  getting a massive ROI when Bitcoin is at it's peak price or the bull run, that is to say not every Bitcoin holder will get massive ROI in the peak of the bull run but only those that have a sizeable worth of Bitcoin after a long period of time when there investment has experience lots of compounded value of their investment over time and if they are willing to sell advisablely parts of their investment because if they sell all to buy back they might buy at a price higher than their selling point.

There is no way a low coiner will be getting a massive ROI in the peak of the bull run of which selling when they are supposed to be buying more Bitcoin or at their early stage will be considered as trading which is more like gambling than investing and ther is no way they are getting a massive ROI.

what I want to inform you about anyone who have the intention of accumulating Bitcoin will accumulate bitcoin based on it ways of understanding the protocols of Bitcoin so from my own perspective of understanding Bitcoin I know quite well my bitcoin have to do with his uncertain things so if you are a cryptocurrency holder especially bitcoin holder, the target of any bitcoin holder is to make sure that it holds it bitcoin until the price increases in the market especially for enter the bullish market so it is the target of everyone who is into a long-term investment of cryptocurrency mostly Bitcoin

I don't that's actually how things work for a long-term holder, you are actually talking about short-term holding. Short-term holder are those who will purchase Bitcoin and wait till there's any increase in market and sell their coins which is almost like trading with your coins. For long-term holders are those that kept  accumulating while they hold Bitcoin till they have gotten themselves some reasonable quantities of bitcoin stashed in their portfolio . So not all holders target is to sell Bitcoin during an increase in price. Because most holders are low coiners, and a low coiners with a short-term goal may endup not yielding any thing at all because he or she haven't taken their time to build a better portfolio for themselves by using DCAing and other related strategies in accumulating bitcoin, aslong side having a good principles to secure a long and better HODLing.

Besides one don't actually need to have any complex knowledge about Bitcoin before thinking of starting their accumulation journey, one just need to have some good basic knowledge about bitcoin and he is good to go in his bitcoin accumulating. Because focusing on accumulating knowledge alone in Bitcoin, may only lead to you missing out big time. So as you are learning about Bitcoin more , at same time focus on accumulating more Bitcoin for hodl.

You will never know how the market goes in the few moments after you buy or sell. That's a normal scene for most traders on a day to day basis.

I have experienced that before but I don't expand that feeling because knowing that how volatile Bitcoin is, you might really miss that discounted price just after you've bought.

Or when you're going to sell then the market goes higher within moments that passed by just after you sold.

When you enter the market, you must look at the market position and understand that if you are not experienced in this, you will never be able to sell and make more profit. Of course, you should buy when there is volatility in the market and if you buy and hold it will definitely put you in a profit position. You buy from a position where you will not face a loss if you buy, but you will see the possibility of profit in the future. If you enter the market and are not knowledgeable about the market, then you will survive the number of bones compared to the profit, so you need to know about the volatility of the market first. Many times, if you buy when the market goes down a lot and sell when it goes back up, you can definitely make a profit. That's why you should buy and hold when the market starts to fluctuate, sell when the market enters highs, and you will only profit if you continue to do so, and you will be successful.

This happens to traders not necessarily those who invest in a long-run seeking to have more bitcoin holdings, traders and those present for short term are often found in this Web.

The market is unpredictable, yeah. When you buy or sell it based on your decision and reasons. The best approach is simply sticking to your investment plan which will ease the process rather than buying or selling based on price movement, which you later regret because you were concerned about taking profits off the market not necessarily building a solid portfolio for your bitcoin holdings as an asset.

This can only be settled when majority begin to see Bitcoin as a valuable asset rather than a tradable coin for profit making.

 :-[There will be a time that many investors will understand that selling is a wrong decision if the investment is has not last a decade. There are 3 types of people who are selling. Those who are scared because the market is going down or would go down, another is those who are in bitcoin investment for the short term benefits which most of them at the end of the day never get to realizes any profit and last those who wants to sell ad buy back again when the market has dip so badly. Selling is a personal choice before if we are selling for bad reasons. Reasons like; going to party, buying luxury items, gambling or whatsoever that won't yield money back into your hands then it is selling for the wrong reasons.

There are advantages of selling and only few persons are ware of this. Like the last reason i gave is quite not a bad idea if the investor is lucky to buy back at a lower price after selling. Also, some persons sell some few coins to start a business or diversify their portfolio which is not a a bad idea at all. This is because the plan is to bring more income for other expenses or to fuel the investment more.

It is short sighted, failing/ refusing to see the very true potentials that Bitcoin holds, any one  thinking about Bitcoin or ever considering having Bitcoin in your portfolio requires looking beyond today's headlines, all your narratives are more like a trading strategy which is more like gambling than investing. However, you can accumulate Bitcoin and hold irrespective it's volatility nature. There is no point buying and selling for few dollar profits unless you want to remain poor. The DCA strategy gives investors the opportunity of mitigating the short term price fluctuations by making purchases at different intervals irrespective of the price point whether weekly or monthly according to your financial situation, volatility is just a factor of Bitcoin functionality which you shouldn't have to worry about but rather you maximize every opportunities of accumulating more of Bitcoin and hodl for as long as you can 4 to 10 years or more where you will have the compounded value of your Bitcoin investment over time. key note, Bitcoin investment is not a quick and get rich scheme that is what you should know.

Bro, I'm just telling scenarios and I didn't even say anything about my position in Bitcoin but just said I've experienced that before. In fact, I've been holding for years and sold just a few during the past bull runs, so I don't know where you're pulling that point about telling me that I am one of those that are short sighted and don't see the true potential of Bitcoin and even bold some of your words that you think I don't know, hmmmmm.  ???

And every investment is the same as what you've said on that bold part, every genuine investment takes time to grow even the most volatile one.

I'm just curious bro, how much BTC you're holding? don't take it wrong, I am with you guys, I'm also a HODLER.

That's why the strategy that we've been telling to everyone about DCA is the most effective on this kind of problem that others are dealing with.

Yeah I got your points the reason why I have edited my post, my intention was to direct my post to your narrative and not to you directly please don't be upset about that ,Hope you understand my point.

Maybe better to suggest to buy and to hold and to just figure out a budget in which you can continue to buy BTC for 4-10 years or longer, and then reassess your situation once you start to accumulate a high enough quantity of BTC that you might start to feel that you are able to sell some or to live off of it or to supplement your income with it. 

Much better to have a longer term BTC accumulation plan that involved mostly buying and holding rather than buying and selling, which truly runs risks of selling too much too soon and then becoming disgruntled due to an inability to recognize an appreciate the power of bitcoin as an asymmetric bet to the upside.

It all depends on the person's habits and the resources they have that make them have to do it, and as long as it is sold at a profit, I don't think it matters.
We can make choices according to our circumstances and expertise, what our investment goals are. Whether for long-term goals or short-term goals and by knowing which investment goals are suitable for us, we can decide whether to become a trader or an investor.
And I assume that what you are hearing about are short term trades that don't have the resources to back it up and are just hoping to make money from their trades. And such methods and circumstances will not be able to change his life significantly, especially from a financial perspective, but he is safe in financial matters if his trading is always profitable with limited resources.
In fact, his safety zone can be changed if he has the desire to seek or search for other resources by working or doing business to support his ability to obtain much better or greater profits.

Sincerely speaking I've come to agree with the fact that it's better to focus on just buying bitcoin as an early investor than engaging in any tricky practice that involves selling to buy bitcoin again.

What those that engage in such practice fail to understand is that they are at that point not engaging in long term investment but short term investment, which is the same as trading or gambling and they fail to realise that their major focus should be to accumulate more bitcoin and not selling.

The truth is that anyone that thinks of selling as a means to buy more bitcoin is not investing with money that he can afford to lose, if else why should he be bothered about little profits than focusing on the big goal of having a good stash and compounding value on his investment.

Alright, not a problem.

I was kind of surprised that you've spitted those words to me not knowingly that I am with you guys.  ;D

I've been hodling as well so, there's no pressure. So, no problem and peace out.

Buy and sell for quick profit is not right, what do they expect buy and sell and such investor still except to see the previous price or rather they feel bitcoin price will wait for them. The simple fact after selling bitcoin for quick profit it's likely they might not accumulate bitcoin with such amount under probability, buying and selling mostly for newly investors who have not gotten the basic knowledge might distract their thought and learning process, instead of them to view bitcoin as a long term investment they view bitcoin investment as a short term profit. Buy and sell is just two different things with different strategy, taking out profit can be done by an advance investor with a balanced portfolio but still requires strategy in order for the investment to stand firm

We all know that we can never take control whatever will happen in the market, that’s actually one of those challenges we have to face in dealing the market. So never be surprised if you see the price suddenly goes up after selling, or goes low after buying, because that is highly inevitable in the market. But as long as you manage your expectations, and you set plans and goals prior to decision making, whatever the outcome, at least you’re prepared for it. Regrets are normal, but you should also learn to stop regretting when you know you can’t do nothing about it and you know it won’t be helpful for you.

Your quite right about this, the only basic knowledge anyone who really wants to get into bitcoin shoudl know is how to buy bitcoin cause it wouldn't matter how much you know and you don't have any bitcoin, so getting the fuck started is the best right move to make. Then if there are other composory knowledge to learn would be on how not to wreak yourself too early as a long term holder and that should be having an emergency fund prepared and how to take advantage of other buying strategies like dip buys to get more bitcoin for yourself. I also recommend new investors to learn not to engage in tricky practice that can be a risk to term like trading which should be trying to buy low and sell high.

Buy the dip and hold then sell if there is already an earnings, it always sounds simple but it does noes not mean that everything will happen the way we wanted to happen we don't know what will happen next so we also did not know if we can earn instantly or we well lose,but if we can hold we will have so many opportunities to sell during the bull season so there is a big chances to earn if we can just hold.

Depends actually on what are your goals since there would really be those individuals who would really be that aiming for long term and there are ones who do really im for short term.
Taking profits would really be always the main target or goal that we should really be having on which it would really be just that a normal target or goal that we could have because we are really that making out some investment into this market but due to that unpredictability then it would really be that so damn hard for us to be able to determine on when to sell and on when to buy.

This is always the main questions that we do really have in mind on the time that we do hover ourselves into this market or even into other markets as well. There's no way
that we would really be finding this out to be easy. So profitability would really be depending on how well you do make out those buy or sell decisions.

Taken profit shouldn't always be the aim for everyone when comes to investing in bitcoin, because is not everyone that have gotten a good stash of Bitcoin for themselves. So most people aim is to gather some good quantities of bitcoin in their portfolio and hold for some period of time before thinking of taken profit. What's am saying is that most people aim is to make some good profit though. But that shouldn't be one first aim because if one focus on taken profit alone he or she won't be able to build a better portfolio that may ensure them a better profit in a long run. So one  shouldn't focus on what he or she going to make now but what one is going to make in the nearest future. So during the time of holding one should also focus on his accummulating part to accumulate some good quantities of bitcoin, so that they will be able to hit a point of their accumulation when their investment would ready to yield them some good profit.


That's sound more of a trading style . Buying when price low and selling when high, and one thing for sure buy the dip ain't the only way we can accumulate and invest in Bitcoin. While buying the dip would literally help one in their accumulation in purchasing in lower prices or when there's decrease in price in market. But just as you said we can't actually tell what's going to happen next in the market and also the right time to purchase ( we can't actually time the market) that why most time the best strategy to accumulate is DCAing, which is the process of purchasing bitcoin at different price interval at a fixed time either monthly or weekly. Or you can say this is the gradual purchasing of Bitcoin using a certain percentage of your earnings without going all in at once, regardless of market prices. So with such method of accumulating onne will be able to secure a good portfolio.

If the investor doesn't understand what he or she is doing then going in or making the wrong decision when it comes to the type of investment is probably the first mistake he or she makes with their investment. It's always better to have a long term plan to your investment because selling and tempering with the invested Bitcoin like you said will just make the investors grow the urge not to continue as no much value might be added when their is significant increase of the price but when the plan is long term all these worries are left behind because the buying mentality is more fixed and when the price increase is seen it also enhances the zeal to buy more and more despite any fluctuations in the price.

That is one of the powers of just ongoing, consistent and persistent continuing to buy, even if it is just a small amount.. it helps to reinforce the dedication to the BTC investment, and surely options likely continue to increase with the ongoing investing, especially if maybe the person comes from a poor background and just spends more than 10 years buying small amounts of bitcoin without being tempted into selling them, and then even if the amount is ONLY $10 per week, then after a year it is $520, and after 10 years it is $5,200, and sure maybe it still is not enough, and maybe he needs another 10 years of buying BTC which would end up being $10,400 invested after 20 years (with ONLY $10 per week), and surely the earlier purchased coins would have greater odds of having had appreciated more than the later purchased coins, and even if there are no guarantees of profits, I think that the odds should be pretty good that the guy will have put himself into a better place by buying BTC through that whole time versus his other option of not buying.

It is too early to talk about buying and selling bitcoin at the moment of halving, it will not give you a big profit to you if you make a purchase at the beginning of this month and now think of selling, it is a big mistake, why should you look only until tomorrow with bitcoin, why don't you look further with bitcoin? one year, two years or even 10 years not to sell and will only make purchases for your much better old age.

No one will know the market movements but Bitcoin seems to say that "I will give a decent profit to the person who accompanies me with someone who has enough time and patience".

Your logic is only felt by investors or traders who do not understand what is the minimum percentage of profit and loss that must be obtained as a limit in investment, so they have a simple mentality, it is clear that their mentality and strategy are poor in investing in bitcoin if they still have that mindset.

Long-term investment plans are an ideal approach to bitcoin because they allow you to buy and stay consistent with different prices. Here, if the price continues to bottom, if you feel like it, you can increase the buying level relatively, thereby increasing the number of bitcoins in line with the market price. On the contrary, when you notice an upward trend in the price, you can continue to buy a little less than normal or normal. There is no substitute for long-term investing when it comes to tailoring your investment style. In this situation your patience and tolerance can be the big controller.

One of the certainty that's involved when buying BTC is that if he sticks to the plan and avoid tempering with it or diversing to other means like trading then the results will always yield positive but in the case of buying Bitcoin and the patience and discipline is not there, then the results will now be faced with two outcome which is either he struggles to meet up or at the long leave the whole investment because everything will be scattered and it will be as if there is no progress with the investment and I know one thing that keeps a man driving at what he is don is when he see little progress no matter how small it is and again looking for fast increase can make the investor go to other means like trading which is certainly a no go area because that can be known as gambling your Bitcoin and the possibility of getting positive is never certain so it's better to stay safe and stick to slow and steady continuity than rush the whole thing and get losses.

Actually its really that hard to determine because you would really be having these thoughts in mind on a particular condition/moment;

1. Pump in price after halving or post-halving
2. Huge correction in price whether after or a few days later on
3. Fomoing yourself about price increase due to halving event
4. Chasing up on whats bottom or peak price

It would really be just that a common approach on this way on which this is something that you would really be that normally be able to consider
or would be having in mind on the time that these kind of particular events on which it did come into a point that the entire community is really that eyeing on it,
on which on the time that you will be able to encounter. Decisions made would really be that entirely be that opposite to each other.

Right now the halving has taken place, and now it's just a matter of buying and holding bitcoins in this deep market.  Because there is a big chance of pumping after Bitcoin market dumping. Because the Bitcoin market is dumping to be pumped, this is the perfect time to buy Bitcoin right now on this correction list. And many will wait for this 2025 bull market by buying Bitcoin and holding it long.  And many different opportunists can sell at the highest price when they realize the profit.

Nowadays many people buy dip and sell it back to the pumping hall. May take longer or less time to reap benefits. It totally depends on the investor. Because an investor will depend on how long he will hold his investment. But usually I keep the investment for a long time and it is able to get the maximum benefit, because the longer the investment period, the higher the benefit.

Buying and holding Bitcoins doesn't require a lot of knowledge. Many people overcomplicate this area. I think Bitcoin is safe in terms of the type of risk that other coins have. It is definitely a good idea to choose Bitcoin for safe investment, but a Bitcoin investor should not face too many problems if they have a basic knowledge of which wallet to use especially for long-term holding. Short-term traders never consider Bitcoin as an asset but long-term traders get an attempt to secure their futures with Bitcoin. Those who can only hold bitcoins having good idea or not that is not a problem. If any holders have the basics will definitely get high profits in the long run.

It might sound pretty basic but doing it is never been that easy considering that there would really be factors which would really be affecting your decision. Buying and holding Bitcoin? Aiming for long term. yes you can but
if you are someone whose really that active on seeing on whats happening in the market then make it sure that you wont really be affected by it because if you are somewhat a person whose really that emotional and someone who is really that easily could be influenced then its likely or high chances that you would really be finding yourself having those kind of second thoughts whether you should be holding even longer or you
would really be tending to cut-loses or whatsoever. Its never been that something simple but of course it would really be just that depending on a certain individual.

Checking market movement as an long-term holder shows that you are just in for short-term goals. Because as a long-term investment one don't need to bother themselves with price movement, instead focus on how to accomplish their accumulation goal by accumulating and same time holding for long-term. Yeah checking the market movement on a regular will definitely messed with one emotions expecially those who are new in to Bitcoin which may lead to one selling their investment in a premature state.

Considering Bitcoin as a subject case, selling during the bull season should only be associated with those that are already far gone in their accumulation journey why those low coiners should be must concern stashing up a sizeable worth of Bitcoin my maximazing every opportunity in the market and not to sell even at the bull run until they are able to achieve a sizeable worth of Bitcoin after a longer period of having compounded value of their investment over time in order to have a substantial return in the future considerably 4 to 10 years or more.

Looking out for price movement always are usually practiced by traders not holders, sometimes I refer the short term investing as trading cause there's no guarantee of success, although the trading field can't be compared with holding bitcoin cause the amount of loss involved in trade likewise a short term plan is annoying mostly beginners who are inexperience about trade. From my view the common reason why people still feel emotional with bitcoin price is because they don't know what the long term is all about so sometimes investors fail to make plan.

I would keep emphasising on the need that, till you examine yourself then you know your place in the Bitcoin Market. Whether you are in for short-term profits, or in for to view long-term in quest to build a solid bitcoin portfolio as a valuable asset. This settles everything and the debates.

It individually based, but the end result tells the story, Bitcoin is an asset not just a tradable coin
.

It's  mostly watching out for the demand  and supply, it actually  concerns both sides but the differences is that on the trading side both the demand and supply is being put into consideration  to make market execution which might not be stable or correct sometimes, while on the other hand watching  only the demand could be done at most times to make more buys which we also know as buying  the dips, it could also be a great advantage of monitoring when to sell part of holdings  probably for those with enough holdings  who could easily make some profits from selling out of their holdings

that is why when you are investing in cryptocurrency most especially Bitcoin they have to bear in mind that it is a long-term investment that will give you what you needed or what you want because a short time investment is a investment give you a short-term profit instead of a mega profit you come achieve when you invest for long time investment that is why everybody is trying to venture into a long time investment, for me I do encourage people to invest when the price of Bitcoin is low and allow it, until the price of bitcoin get increased.

If you can't buy correctly then it will be your first mistake in Bitcoin, if your investment time is short. Your risk will increase so it is definitely best to hold for the long term to reduce the risk. Here the more longevity you invest in investing the lower the risk and the best approach for you. You will save the most if you buy bitcoins using the DCA method only, and if you collect bitcoins for the long term, your investment will be long.

even during our past age when traditional ancient saving systems was predominant here in Africa and banks and decentralized finance haven't gained popularity, we came to witness our parents  making use of the saving box to DCA there fiat till the end of the  year when they will finally take out there holding. Although the amount that's mostly kept at each DCA period wasn't always much because most of them were actually poor, at the end of the year the compounded amount that comes out of such savings is always reasonable even though the system doesn't have as part of it nature, a sense of volatility that would have kept them in profit but the whole advantage of the compounding effect of DCA still makes a lot of difference and adds a lot of advantages to it.

The truth is that regardless of how small the amount you've been able to DCA with, if you're able to stack up for a long time and Bitcoin possibly goes up high to the moon maybe to the range of $500k or so ( now this might happen or possibly it might not get to this amount within the ten to twenty year time frame you will be able to possibly DCA) it will still be better off than refusing to DCA because you possibly don't have enough resource to invest as much as $100 to $500 at a time during your DCA. And yeah, it might seems very discouraging at some point along your accumilation journey when you discover you've only been able to stack up $5,200 worth of Bitcoin after DCA for a long period of ten years with $10 per week which is less than what some might be able to achieve within a single year, and yeah for some of us, that's actually what we started with and as i  have continued to build my emotions and believe in tge system, it's now easy to increae my DCA amount.  but then, it's always best to stick with what works well for you based on your financial level so you don't attempt pushing yourself too much in terms of trying to stack up more than your capacity and end up selling them half way because you've used what's supposed to serve as your emergency fund in making the investment.

That is not always true, I have been a long term holder for a long time but I have been checking the daily movements for years as well, there is nothing wrong with checking the price and the movements, it allows me to buy more when it drops a lot, like for example with this recent drop I bought some more, not a lot because I have absolutely no money left, it was literally just 30 dollars, it is nothing compared to what people invest, but that is what I had, and I didn't want to miss this chance.

So, just because you are looking at movements daily, doesn't mean that you are going to make a move, or doesn't mean you are going to sell, it just means that you would like to stay informed with the market you are invested in, that's it.

We are not all aware of the exact price to buy bitcoins so we should set a fixed price and then buy accordingly and hold the investment for a long time as you have implied. Investing in Bitcoin requires us to commit to holding it for a long period of time because if we can hold this investment properly for a long period of time then we will be able to achieve the desired results. Also you mentioned risk we all have to accept that all investments involve risk. But while all investments involve risk, investing in Bitcoin is much less risky.

Investing in DCA method is easy for everyone but may not be possible for everyone as many do not have source of income due to which they cannot invest regularly. Due to which they cannot apply this method properly in the case of investment. Yes you are correct that if you invest in DCA method and hold for long time the investment will grow.

And people who already know that Bitcoin has become a valuable asset for everyone and also for themselves, of course that person will make more purchases than sell after buying. Whether it's in the short term or in the long term because I can't imagine how expensive Bitcoin will be in the market when everyone has been buying and holding it without selling any of the Bitcoin they have right now. Because from what I see at every halving there is always a maximum price increase in Bitcoin and this may still happen at the next halving in the next four years.

And if this is talking about each individual, each person should focus on themselves in any case, including buying Bitcoin without too much hesitation in the current market conditions. I think everyone should have the desire to save Bitcoin every week in order to be able to change their finances and have valuable assets in the future because from what I have seen this year there are extraordinary facts that have happened to Bitcoin which makes me confident in saying that to many people who are still doubtful about Bitcoin.

Well at first don't use yah self to compare others,  and I checked your profile and I can see that you have been into Bitcoin for long and am  sure you have gotten some good knowledge and understanding about how Bitcoin and the beauty in it . So you are someone that truly understand and have seen the beauty and potential in Bitcoin, checking the market won't be any issues because you have already know that no matter any dip Bitcoin undergo it will surely recover back stronger, so whenever any dip you won't feel your emotions being test but instead you will grab the opportunity to buy more . The reason why I don't still encourage most people to keep on checking Market movement expecially those that are still new into Bitcoin, is because most people can't withstand or bare seeing their Bitcoin stashed decreasing in value whenever there's dip , Thinking that the bitcoin may not bounce back due to the half-size knowledge they possessed at that time which may lead to them making rash decisions that would later affect them negatively (making losses) with thought of cutting losses and I'm once a victim of such .

So as an Bitcoin investor, there's no need to focus more on market movement but rather your Bitcoin accumulation. because is only those that normally trade with their bitcoin for short-term profit that usually spend most of their time in Market. Just imagine one haven't gotten far with his accumulation and he or she are spending of their time in checking Market movement if there's dip or increase in market, wgugh wrong because as the word implied longer-term means that you are holding like 4-10 years. So anything concerning selling shouldn't be such individual aim when he or she haven't gotten themselves some good quantities of bitcoin, so at checking Market movement regularly isn't relevant at all.

That might be a wrong approach and looks like trading too, and can be very misleading because I believe that a true long term investor will not wait to see the price of Bitcoin to be low before buying but rather they will be buying even when it is high or low just to make sure that they are not going to miss out buying opportunities and also knowing that Bitcoin is still a new growing asset such that the price we may look at now to be high will still be look at as a low price tomorrow when the price of Bitcoin will go higher tomorrow. It is the traders that is always looking at buying Bitcoin when it is low so, but a true long term investor buys all the time whether low or high with dca strategy, buying low is good but it is not good to be waiting for it before buying, so I don't like your advice of encouraging people to invest when price of Bitcoin is low and then allow it, until the price of Bitcoin get increased I think think is a wrong advice when talking about Bitcoin long term investment.

Firstly bro short term investment is pure trading or gambling cause you are taking advantage of mere price fluctuations and missing out on the real thing which is to accumulate or own Bitcoin.

No matter the price of bitcoin I won't consider it a time too late to invest in bitcoin cause even now people still invest in gold despite it been a more mature investment than bitcoin, and thinking about the price of bitcoin as an hindrance to accumulate or buy bitcoin is a false restriction you are putting on yourself cause at the end of the day if bitcoin does well then you woudl also regret.

I understand that as the price gets higher we all have to buy bitcoin at a higher price and also it might be scary to invest in It considering the high price but we are investing with our disposable income and we would not be needing this money any time soon, and the worse possible senerio would be a case where bitcoin doesn't grow anymore and you don't get any profits from your investment or it going to zero and you don't have to miss the money, so if you follow this pattern then surely you won't be on a losing side which ever way the asset goes.

Funny enough I don't believe that anyone who holds his investment for less than 4 yours is a long term holder except on cases where the person was able to accumulate so much bitcoin in such a short amount of time and maybe was lauck to invest in a time like this(for those that started invest maybe mid last year or from last year). Why short term investment is a abuse to investment and rather trading is because you are not following what an investment should be, how would you buy low and sell high without letting any compounding effect come on you investment.

It will be best or more better to say that the more quantity of Bitcoin and the longer the investment period, the higher the benefits, it will be very wrong to prioritize longevity of your Bitcoin investment without talking about having a sizeable worth of Bitcoin within those years of waiting for your investment.not only holding for longer time is important but how much of consistence you are making purchases is also very important in order to have a good and sizeable worth of Bitcoin up to a reasonable amount.

For sure, I would like to point out that historically bitcoin has had compounding effects over each cycle and also even more compounding effects over several cycles, yet I would like to also assert that compounding effects are not guaranteed merely because a person stays invested in bitcoin for more than one whole cycle. 

There is always a risk that bitcoin might not go up in value and even that it could go down or go to zero, so even though many of us appreciate that bitcoin seems to continue to have one of the best investment theses, even perhaps the best, it still is not guaranteed to go up, and I think part of the reason regarding having an investment timeline that is 4-10 years or longer is to make sure that you are considering bitcoin as a long term investment rather than merely trying to trade waves, and sure everyone is free to do what they like in terms of their approach to an investment, even though there are probably plenty of us who would consider that you are not investing in bitcoin if you cannot at least come to it with a minimum of a 4-year investment time line... and yeah, maybe when I came into bitcoin in late 2013, it might have had been more difficult to actually commit to at least a 4-year investment timeline since bitcoin was ONLY less than 5 years old at that time in terms of how long it had been running, and maybe only 3.5 years or even less in terms of having (and growing) some kind of a market price.

So various bear case scenarios should also be included in terms of any thoughts to get into bitcoin and to build a bitcoin stash, and are non-bullish cases are not eliminated merely because the timeline is longer... so be careful both in terms of suggesting that compounding value is guaranteed and/or that negative scenarios (or less bullish scenarios) are no longer applicable, merely because you choose a longer investment timeline, whether that is 4-10 years or even longer than that.

When we realize that the price of Bitcoin will continue to increase, we can try to collect the investments we make so that we can enjoy the profits from the investments we make, but we need to do it consistently as you said because if we don't do it correctly consistently, it will be difficult to achieve the investment targets we make and we must have good planning before deciding to invest.

You are right, it will be very difficult to be able to invest using this method if we don't have a steady income because it could be that when we have a purchasing schedule that we have set and we don't have the funds, of course we won't be able to buy according to the schedule that we have set. However, it would be better for us to buy according to our abilities and not force ourselves to buy if we are not yet able to invest.

This is actually right as our approach towards Bitcoin investment should be considered including bull market and the bear market, if putting the bear market into consideration I believe most people will learn to hold for long with proper planning to invest regardless the bear season. For example, I don't know about other investors but it's believed the higher amount you buy and hold will determine your profit during the long term plan, this can be a little confusing making most people to buy huge and sell quick forgetting the profit comes when an investor apply the long term plan. In summary if putting both the bull and bear market into consideration can prepare an investor ahead of time cause if thinking about just the bull and profit involve most people might get disappointed during the bear season. From my opinion everyone should take their time and plan properly and invest

when bitcoin price is going up, the reverse of your assertion is what's actually supposed to be the case and it's not right to collect our profit because Bitcoin price is going up. Bitcoin is a volatile asset and that in itself means there will always come instances when prices will go up or down depending on the major factor that's responsible for such movement at the time and regardless of how frequent we might have witnessed such movement in price, it shouldn't become the reason why we sell off our Bitcoin and use the proceeds for our personal   gratification. Of course, at the end of the day, there will come a point in time when we will have to sell all our stack or part of it iether because we've reached our accumilation goal or that we've gotten our best out of investing in Bitcoin and would want to use our proceeds to better our lives or maybe use it to sort out a particular project in our locality as a way of laying a legacy which in itself is totally up to us to do whatever we want to do with our compounded stash. But outside of such kind of scenario, merely selling your holding because Bitcoin price is pumping is surely a bad and myopic strategy that anyone would even want to practice as an investor.

Generally, most naive investors get tempted to sell off there holdings mostly when Bitcoin is going dip and that's basically because they've not built there mental prowess to knowing how to deal with whatever is going on with Bitcoin price, whether it's going up or getting bearish and some might not know  that it's better to continue investing iether when bitcoin is going up or down.

When you're too concerned about taking your investment when Bitcoin is going up, you're most likely thinking like a trader and you know the synonimity that exists between trading and gambling right? You've got to be careful not to get it all twisted.

You should really be setting out plans as it should be with any investment decisions on which you would really be needing up that kind of plan or on whatever you would really be planning.
You cant just that make yourself making out some impulsive actions or decisions on the time that you would really be able to encounter such conditions but honestly buying and selling decisions
is something that we cant really be able to easily do it basing up on market conditions or trends. Buy when its bear market and sell out when its on peak, but the question is how you would
really be able to determine the peak?

The important thing on here is that you should not make yourself setting out those bars high or making that kind of positive approach. Everything should
really be that realistic so that you wont really be making yourself that getting disappointed.

Yeah there's no best time to buy bitcoin, instead of trying to time the market is better to just focused on using DCA strategy to accumulate Bitcoin, by buying at different price interval with a fixed amount of money  either monthly or weekly. Dca is one of the best method in accumulating Bitcoin and it has helped alot of investors gathered some good stash of Bitcoin in their portfolio, and it has also save us the stress of trying to time the Market .

 
When it comes to DCA one don't have to go all in at once to start his accummulation, one can start by sharing his earning with percentage , like using a certain percentage for investing ( accumulating bitcoin) and holding the remaining percentage as fiat (emergency funds) to coverup any expenses while they invest in Bitcoin. So one can even start with the amount as low as $10 to run DCA of weekly purchasing.  That why is better to spend long time in your accummulation processes , while holding because as time goes on you will see yah portfolio growing with time and as you continue to hold as the value keep increasing you will surely endup with some delightful profits due to the quantities of yah holdings.

Collecting profits by selling advisablely parts of our investment totally depends on investor level of accumulation probably at your maintenance level or have gotten to your fuck you status. Yes, at that point you can sell part of your investment and do what ever it may please you with the profit you got, Bitcoin is not a tradable coin so you don't just sell for few dollar profits when are still early in your accumulation or a low coiner on seeing the price increasing, that trading which is more like gambling than investing you might buy back at a price higher than your selling point, keep buying Bitcoin and hodl for as long as 4 to 10 years or more where you can have a compounded value of your investment over time before considering if you are to sell or not.

From trying to put the pieces of what I think I understood from what you are saying is that we should always bear in mind the possibility of our investment not giving any returns even as we are going for a longer time frame cause anything can happen along the line of that long term holding and maybe bitcoin going to zero or the price for the whole 4 years was only going bear and no compounding Vale were to even be added to the investment.

IMO you have already given a good solution to this serval times and that is an approach that we are investing with money that we won't miss and just incase in that long time frame of events, the worse happens we won't be in a financial wreak.

But this springs up a question, what about those that are actually investing in bitcoin with money there would missing this case I don't mean over investing or allocating to much but for someone at retirement that has been accumulating bitcoin to live off it, and has been investing his retirement funds in it, what do we say of this.

I cannot tell you.  Since part of the justification for diversification is that you don't necessarily have all of your value in one thing, and I am not even suggesting that diversification is a good or necessary thing until maybe you start to get to the point that you have more than a year's income/expenses in bitcoin.

Sure, there are going to be some people who decide only to invest in bitcoin and cash an to maintain a bit of a narrow set of assets, but that surely could end up getting them in trouble if something ends up happening to bitcoin.

So  yeah, you are investing money into bitcoin that you don't need for 4-10 years... but you are expecting bitcoin to still be alive and well in those later times after you had invested so much into it, and surely I can understand that, and I cannot exactly tell you what to do, except for just say that bitcoin is not guaranteed, and if you are not protecting yourself, then no one is going to bail you out... so you have to figure out some kind of ways that you are happy with the level of balancing that you are doing regarding what kinds of things that you have besides bitcoin, and if bitcoin is the ONLY thing that you have, then you might be in a situation in which you are not diversified enough.. and no one can tell you what other things to invest into, whether it is property, stocks, bonds, cash equivalents, commodities or whatever (and surely I am not suggesting shitcoins at all, but some folks might keep some value in shitcoins - hopefully not more than a few percentage, but there is no way to stop people from coming to conclusions about what they are able to do based on what kinds of resources they have).

Maybe you don't even really need to be thinking too much about diversification in the first 4-10 years of your bitcoin investment, and there surely are some rich folks who likely are not diversified enough, but that is how they live.  There is a famous quote from Warren Buffet in which he says that you gain your wealth through concentration, yet you preserve your wealth through diversification.

I have not updated my own chart that describes wealth distribution recently (since it was last updated in mid-2022 (https://bitcointalk.org/index.php?topic=5376945.msg58719591#msg58719591)), but even though I have a lot of value in bitcoin, I started out with enough wealth in other kinds of assets that they would be able to support me, so even though my bitcoin has become greater than 80% of all of my other holdings, the other 20% of everything else could support me if bitcoin were to go to zero.

So, no one can tell you what to do or how to do it, but hopefully as you invest and you grow your investments and you learn along the way, your own portfolio and your decisions along the way will inform you about how to make those kinds of distribution, allocation and/or redistribution and/or reallocation decisions.

IMO sticking with bitcoin is better cause at the end of the day not everyone can afford a well diversified portfolio and what would be the need of having so little in every asset, how can anyone get rich from doing that, I understand that diversification is a means to feel safe in case something happens to bitcoin, but for a poor person or someone not so rich that can't afford to build a well diversified portfolio along bitcoin that would of be a big distraction cause you have to divide what your giving to bitcoin to feed that asset and that would only be a distraction from the main goal which us to get rich and you need to have invested much to receive much and for a pooer person that can't afford diversification it woudl be better to just stick with bitcoin, concerning safety I believe that having cash around can be the best kind of safety practice anyone that can't afford a well diversified portfolio should have although some might argue that having some percentage in shitcoins might be a good idea which I disprove off cause you can't rely on a slippery slope as a defence if things go wrong. But yet everyone has the obligation to figure our what is best for them.

Generally nothing is guaranteed in life and also bitcoin, but yet its not as much a slippery slope as investing I shitcoins, so yeah It's good to have safety practice or think in terms of planning ahead for the worse, but thinking of diversifying to early might just be an illusion to confuse you, basically most persons invest in bitcoin cause they believe it can yield profits for them and the of way to prepare for such possibilities than to have a good stash in bitcoin and yeah they is also a probability that your investment might not yield returns for you, but if diversification is a means to rather protect wealth than to build wealth then its better to first gocus on building wealth than to get lost in protecting the little you have invested when you should more concerned about growing one asset first or having a good stake in one asset before jumping into another unless you are rich enough to handle investing in bitcoin and also diverfying in other assets at once.

This problem is so common, to this day no one can estimate the price of a coin with perfect accuracy. The movement of crypto assets is very volatile and not easy to analyze, it is very difficult to predict where it will go after you make a purchase.
You can do technical analysis and fundamental analysis before buying crypto assets, this method can help you see price developments over several days, weeks or months. You can predict the movement of the crypto assets you want to buy by studying historical price movements over a certain period of time. You can do this by choosing several crypto assets based on the same characteristics so that the money you use to invest is not wasted.

Holding an investment withing a duration of a year to four is no longer what we should be seen as short term investment, we can even make the expected result within the first year of investing on bitcoin if we happen to fall under the right timing that after our investment, the market continues in bullrun on a sustained range, just as we have it from now, if someone is investing now and could be able to hold till this time next year, there is high probability of making more profits over his investments because of the post halving bullrun experience.

Bitcoin is the lead  Coin and i frawn at your narratives by not even mentioning it of which it is the context where  this thread is lead upon from the (op) but rather you emphasis on using the term crpto which does seem to be talking about Bitcoin to this regards. Yeah specifications should be made when using the term crpto in terms of describing Bitcoin and other coins, Bitcoin is a special coin that is far better than any other coins and it is very wrong generalizing their functionalities with the use of the word crypto. However, volatility is not a problem for those who  knows the potential Bitcoin holds when view long term perspective, the reason why it is always advisable to buy and hold, with your dca strategy you mitigates the short term price fluctuations by making purchases on different intervals irrespective of the price either weekly or monthly according to your financial situation. Furthermore, it is not necessary that one must do or have a technical knowledge or analysis before buying Bitcoin rather what is most important is having a basic knowledge while you learn more other things on your way up, I will also like to add that no one can predict the market but we can only speculate and It is good to know that the historical performance is not a guarantee of the future but rather it can only be a quide.

Fuck the use of the term crpto in terms of Bitcoin and other coins.
Think Bitcoin, think holding, think long term, don't sell until you have a sizeable worth of Bitcoin up to a meaningful amount.

It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.

The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.

There may be some ways in which we are saying very similar things, yet just saying those things in different ways - which kind of causes me to question if you are really taking in the ideas that I am attempting to share.

We all know that guys are responsible for what they do, so surely don't want to get into any kind suggestion in which I am telling guys what to do, even though frequently I can be quite forceful in my suggestion for everyone to make sure that they get some bitcoin and that guys should also attempt to be as aggressive as they can in regards to their bitcoin investment without overdoing it. .so each of us has to apply those concepts to their own situation and figure out their own balance, and surely I am not in favor of diversification for the mere sake of it - however, as any of us our building up our investment portfolio, there may well be no problem in terms of staying concentrated in one investment (including just having bitcoin and cash) for 5-10 years or longer, since it could take 5-10 years or longer merely to get your investment portfolio size up to an amount that is greater than 1-2 years of your income/expenses, and some of these amounts you are not going to know in advance in regards to either how much your income is going to be down the road or even how well BTC might or might not perform at various times that you are making the down the road measurements of how it is doing in reference to how you might have anticipated it to do in your earlier years of investing into it.

So part of the point is that your actually building of your wealth contributes to you becoming a person who is no longer poor because you start to have resources that you might or might not choose to dip into and you may well start to become concerned that you have too many of your then built wealth that is subjected to too much volatility, so your choices to diversify somewhat out of the investment and to put some value into other things (and perhaps even into inferior investments) may well become a consideration as kind of necessity that you have in order to preserve what wealth you had been building.. .. so merely the fact that you want to continue to build your wealth does not necessarily justify choices to not preserve the wealth that you might have had been building over 5-10 years or longer.. ..

but yeah, those may well be future considerations because you start out with perceptions of being very poor, but as your wealth grows you are not as poor as you used to be and you might even start to feel that you are becoming richer and richer, but you have some desires to make sure that you don't slip back into being poor, so you may well justify needs to diversify into other assets, and yeah, maybe you never consider shitcoins to be part of any diversification plan, but there may well become some kinds of investments that are justifiable in terms of diversification, especially if your only previous way was to diversify between cash and bitcoin, and so in several senses, you might be able to achieve some diversification in some other assets that are still serving some of the purposes of cash - except that they are earning yield rather than several of the disadvantages of cash that involves is ongoing debasement.. ..

and you don't resolve those matters by putting that value into bitcoin, since at that point you may well conclude that you already have a lot in bitcoin.. so you sometimes need other places to put it, and yeah, you might not come to those kinds of conclusions until 5-10 years down the road, and it would be way too premature to be ruling out those ideas merely because right now you are in your earliest years of building your investment portfolio that likely ONLY includes bitcoin  and cash and there is nothing wrong  with keeping that kind of focus until your investment portfolio might grown to a certain size that might start causing you to feel justification to spread it out a bit more... whether that is 1-2 years of income/expenses in your bitcoin, or maybe those feelings come when you have 5-8 years of your income that are ONLY in bitcoin and cash, and you may well strart to feel way too. concentrated and vulnerable.. and each of us has to make those kinds of decisions and hopefully you do not devolve into gambling merely because you are against the idea of diversification...which could lead to your own peril.. but that's your choice, if you end up gambling in those kinds of ways.


No one is saying to invest into shitcoins, but sometimes people consider those kinds of avenues, which might end up being better than keeping value in their local fiat.. or even if there is local fiat, dollars, stable coins and then there might be some choices that are made that could be justifiable down the road in terms of what you might have available in terms of keeping value or how long you might keep value in various places besides bitcoin and cash.


I am not suggesting to diversify too early.  I believe that diversification is not needed for several years, especially for poor people and probably even getting to a point of 1/2 year or even a whole year of income/expenses in bitcoin and in cash, but later on when your investment portfolio starts to get larger there surely can be some justification.. but you don't need to start out thinking that diversification is necessary. especially if you might only be investing $10-$20 per week, and so it may well take several years before it even makes sense to start to diversify.. so someone investing $20 a week for a year would have ONLY invested $1,040, and personally, I would think that it would take several years.. and yeah in that case after 10 years, the amount invested is only $10,400
and maybe if the BTC price had gone up 2x or 5x or even 10x, that may well not mean that your portfolio is worth 2x, 5x or 10x more, since some of your investments would have been earlier and some of them would have had come later, but if you have an income that is less than $10k per year, then if you have $30k in bitcoin, and $10k in cash (or cash equivalents), you might start to get nervous about having so much that is ONLY in bitcoin and in cash... especially if bitcoin might go up and down a lot and you might want to remove some of that volatility.. so yeah, there is no real direct answer and maybe you are not going to exactly know in advance in regards if there might be some justification in terms of diversifying some of your investment, which also might not mean selling your bitcoin, but might mean starting ot invest in other things., as mentioned, whether property, stocks, bonds, commodities or cash/ cash equivalents..


This all may well be correct..... so yeah, we are not really saying anything different in this part.


Fuck "crypto assets"

Who knows what you are talking about?  You don't even seem to know how to use the word "bitcoin" in a sentence, since you did not mention "bitcoin" in any place in your post, so how are we going to know what you are talking about?

Are you talking about bitcoin or some vague bullshit?

Do you even know what you are talking about?

There is no such thing as investing into "crypto assets".  That is retarded.

In order to have some kind of specificity about what we are posting about we can mention bitcoin... and we can also describe what we are going to do about our investment into bitcoin and our approach with bitcoin. That would be a lot more specific than your vague references to "crypto assets" whatever that means.. you sound like a mumbling and bumbling politician.... but if we are referring to some various shitcoins, then which one(s) are you referring too, and why the fuck would we want to either talk about them here or refer to them as some kind of vague concept?  Not that I am asking you to speculate about which shitcoins happen to be less shitty. .of to engage in some kind of compare and contrast of which shitcoins might or might not be a good idea.. that sounds really dumb.. so why not just stick with talking about bitcoin, and if you want to talk about some various shitcoins then take that to some other thread..... Another thing for guys who cannot help but to trade or gamble or to fuck around with shitcoins, hopefully you are able to at least limit yourself to less than 10% of the size of your bitcoin holdings, in the event that you cannot help yourself but to trade/gamble rather than invest.


Yes, any investment timeline of less than 4 years, including your proposal to get in and out in one year is trading rather than investing.. . so hopefully you do not end up selling too much too soon and never being able to get as many BTC because you were too busy fucking around with trading and gambling rather than accumulating BTC. .which likely would be the smarter way of approaching something like BTC..

But, hey, you are free to do what you like, even if it is not very smart.

If we can maintain the investment we are running in the long term, of course this is not an easy thing for everyone to do, of course we must have a good understanding of the investment we are running and have set a profit target from the investment and will be patient in waiting for the profit. What we will get is that someone who starts investing now will of course still be able to get a profit from the investment they make because I am very sure that the price of Bitcoin will continue to increase in the next few months.

Many investors doesn't even know the difference between the bull and the bear that is why they lose more especially those with short term targets, we should understand that Bitcoin being a volatile asset is determined by the bear and the bull because literally, the market is based on the power of the investment that flows in and out.

 Some investors will buy Bitcoin and it suddenly experiences a dip but due to fear they sell at a loss that is why if you can't be patient enough to hodl for a long term just forget about Bitcoin investment in the sense that it takes so much time for you to make a resealable profit from it, though sometimes one can buy at dip price and afterwards it increases with speed so you can decide either to take the little profits and wait for a dip to buy again but there are times when you sell and expects a dip but the price even goes extremely high then you cannot buy again. The bull and the bear works together because as people are buying, the price increases and as they sell, the price reduces and this brings a balance between the bull and the bear.

However, buying huge amount of Bitcoins is not bad but it sometimes make you always check the market always and you can sell so quick when you have realized a little profit thereby opposing your long term goals.

Yes not every investor that has enough money to buy Bitcoin and have a bigger size of it within a certain period of time as others may have, and I also think that Bitcoin investment shouldn't be seen as a competition, you have to invest according to your financial status such that you not sell your investment to solve your personal needs, I believe Bitcoin has given equal opportunity for those that has much and those that has little and I also believe there are those that are only using dca strategy because of their financial ability but whichever way it is it doesn't matter what  is important is being consistent in your dca though it is going to take a longer time before having a good size of Bitcoin, that is why it is good to see Bitcoin as a long term investment which might even take you longer time than you expected.

I often see the term DCA in almost everywhere Bitcoin investment is mentioned on this forum but one thing people do not know is that it is relative and subjective, it is never a must. Do you know the situation where I use the DCA approach? They are listed below:

1. I use it when there is an obvious FUD in the market.

2. In a situation where the market has moved significantly up where the price is no more encouraging to buy but still do not want to miss out.

3. Finally, when the market is selling in a short-term correction but the overall bias is still of the bullish trend in the long-term disposition.

However, what is peculiar to all those conditions is that they lack certainty. I will not hesitate to use the DCA in such situations for at least to average my risk and the potential earnings instead of risking everything or being too greedy and daring.

Also, do you know the situation where I do not use the DCA approach? They are just two, and they are when there is better assurance in the market as seen below:

1. When the market is at the bottom level. Just like the condition of Bitcoin in late 2022.

2. When a bullish trend is fully confirmed.

In this situation, I risk everything, and since Bitcoin is a trustable asset, I have nothing to worry about and it has never failed me.

When we invest in Bitcoin we plan long-term and then invest even if we adopt DCA we plan to hold our investment for few years. It is easy to want to invest in Bitcoin but it is not easy for everyone to hold Bitcoin investment. There are many investors who do not understand the difference between a bull market and a bear market which results in them losing the most money from their investments. Basically this problem is caused by lack of experience so make yourself experienced before investing then commit yourself to investing.
No one can say exactly how long it will take for the price of Bitcoin to rise. But we can all say with certainty that Bitcoin price will increase in the future as a prediction. Those of us who invest in Bitcoin invest with specific goals and hopes of making a profit.

maybe you should look at it that the kind of investors you have on the forum are combination of individuals that are just joining the Bitcoin ecosystem and probably don't have what it takes to accumulate with other methods outside of the DCA method, and some others that have stayed long in the Bitcoin ecosystem and still feel that they've not still reached there accumilation goal and so they will still make use of the DCA methord or a combination of the DCA and other methods in stacking there Bitcoin. Most of us that are yet to have a strong portfolio might not need to always consider those kind of situations you outlined before deciding if it's best to DCA at those point or not, those kind of things don't even make much meaning to the average bitcoinner that's still trying to build a good portfolio because it takes someone that has been in the Bitcoin ecosystem for multiples of circle to try to set certain variables right before buying unlike an average person who should think more about buying consistently rather than allowing FUD determine the choice of his accumilation routine.


if you don't have the needed resources that will enable you buy in bulk even when the market is at the button, you will be left with no option than to still stick with your DCA plan and I'm not saying that for such instances that DCAing is the best thing to do but what I'm saying in essence is that while it's not wise to remain at a fixed DCA amount when you're in a situation that is bearish and buying aggressively would have been the best option, individuals financial differences remains the main factor that will still decide if you will be able to buy aggressively or not. And if you aren't financially strong enough to buy aggressively at certain correction that probably went too down down to the button, DCAing at such instance isn't still a bad idea.

If you want to buy Bitcoin in this period you can go ahead because bitcoin is a long-term investment, and before you can accumulate the quantity of bitcoin you want to hold, bitcoin will be higher than this. This is an opportunity to buy bitcoin at a low price because Bitcoin will be more expensive towards the end of this year. But if you have been hodling bitcoin for a long term before now, this is not the right time to sell your Bitcoin investment because bitcoin is yet to set an all-time high like $100k and above, if you sell your bitcoin during this period you will regret it big time.

I mostly don't have problems with your approach, except it seems difficult for a lot of folks to figure out some of the market dynamics that you are proposing to be signals as to when to DCA and when not to DCA, and personally, I consider DCAing to be a method to accumulate a stake and to prepare for the possibility of more UP (even though no one really knows), but largely a person (newbie or otherwise) would likely have to both go by their perception of how many BTC that they already have in order to feel sufficiently prepared for more up in case it happens, and so with that kind of rationale there could be some perception that "I already have enough in case it goes up more", so even if the price is very high and seeming toppy, if a person has absolutely no BTC, then he has to get at least a bit in order to prepare for the possibility of UP, but he may well let off or ONLY engage in light DCA because in those kinds of situations there may be senses that the price is too toppy, and not even expiernced bitcoiners know those kinds of things, and in 2017 we had BTC prices that had gotten in the ballpark of 14x higher than the 200-WMA, yet in 2021, the BTC prices ONLY got in the ballpark of 3x-5x higher than the 200WMA (and the 5x was in the first 2021 price peak and the 3x was in the second 2021 price peak even though it was higher in absolute terms it was not higher relative to the 200-WMA)..

So yeah arguments could reasonably be made that BTC prices are not going to reach such relatively high levels as they did in 2017, and so far this recent price peak they have ONLY gotten a bit above 2x higher than the 200-WMA. (you can check the historical price differences on this website (https://bitcoindata.science/withdrawal-strategy)).

Maybe part of my point for the newbie would be to do DCA no matter what for a full 4-year cycle, but maybe if there might be some obvious signs of tops to lessen the amount of the DCA amount, even though  that lessening of the DCA amount might not even be justified if the person is already not holding very much BTC..

So personally it seems to me that your suggestions of turning DCA on and off EarnOnVictor does not really seem to account very well for issues of already existing BTC stash size or even having some built-in assumptions that normies might be able to figure out when the BTC price is UP or DOWN - even though some times the signs seem kind of obvious, but even at times when the signs seem obvious, the BTC price ends up doing the opposite of what would be expected based on the seemingly obvious signs (especially in the short term), so we (or at least an overwhelming majority of normies - especially newbie normies, which should be a group that we are attempting to account for their needs to learn) might not really be able to identify the obvious until it had already happened.


We cannot say that the BTC price witll certainy go up in the future, even if it seems that it has a strong investment thesis.  We can say that for sure if we do not invest with leverage, then the most that we will lose by investing in bitcoin is 100%, but we have decently good chances of being able to put ourselves in a better position by investing into bitcoin rather than not investing into bitcoin as long as we figure out some way to balance that we do not overly invest into bitcoin,

but that there are some reasonable justifications to attempt to allocate aggressively rather than whimpily, even though historically sometimes even whimpy investments into bitcoin have ended up paying off quite substantially for those who either purposefully or accidentally held for many years.. or maybe just kept investing relatively whimpily over many years and then ending up with a fairly large value for their bitcoin holdings at later dates - so in some sense, even if the upside potential for bitcoin is likely not as great as it was in the past, bitcoin retains one of the best, if not the best investment thesis amongst various assets that individuals might be able to gain access.

Basically those are the investors who usually do the DCA in bitcoin to accumulate the bitcoin throughout the bear market. Those are the people who will then sell in the bull market and gain maximum return on Investments. I will not compare them with the traders who have different mind set and who will usually buy and sell multiple times to gain profits.

Also I will like to emphasis that it is not necessary to accumulate a lot of bitcoins as even a person with a moderate income can buy some portion of bitcoins and that would be enough for him to gain good profits with respect to his investment of course.
The point is that you need to first calculate your total portfolio which you are willing to invest in the crypto and in that portfolio 50% of the amount should be in bitcoin.

That's true there is no guarantees that Bitcoin price will keep on increasing in the future. But in this past years Bitcoin as proven it's self worthy of being one of the great investment so far , and Bitcoin still possess same energy ( having a nice potential). Well we can't actually tell the future which is very obvious. But still we just need to be in a better position in our Bitcoin accumulation. That's why is always advisable to invest with money you can stay without using for long. Because one thing for sure Bitcoin is here to stay so is better to be among those with some nice quantities than having none.


Well accumulating during the bear market is pretty nice too , but when it comes to withdrawing or taken profit from your investment it doesn't actually depends one accumulating during the bear market. Because there are some folks at there that literally accumulate some Bitcoin during the bear market but haven't gotten far with their investment due to some reasons. So those that are fit to take profit are those who have gotten to the point of having enough Bitcoin stashed in their portfolio. So all that truly matters is the number of Bitcoin stashed one possess.



We can't tell when the price is surging or not . But what we can do now is to keep accumulating and holding, to be in a safer side just that you won't be among those making this statement " had I known " I would have invested in Bitcoin when I had the chance or  when the price was still low. I've made that statement Once after missing some great opportunities in investing in Bitcoin due to ignorance and some related shit.  But I ain't saying such statements again because I've already started my bitcoin accummulation and sofar it has been great.

You are still describing and even trying to worship traders as if you know how to tell the difference between a good trader and a not so good one, when the fact of the matter is that trading does not pay off for an overwhelming number of folks who even attempt it, and in bitcoin, we have had the overwhelming majority of folks profiting from establishing and following a practice that mostly errors on the side of accumulating bitcoin and holding it... not fucking around with trading and trying to believe that you are able to time tops and bottoms.. which is a bunch of bullshit where a lot of folks who try such a thing end up selling too much too soon and making a variety of other mistakes, so there is no need to be worshiping those kinds of practices and trying to act like it is some kind of practice that normies should aspire to.


Yes, and your description there appears as if you also are aspiring to figure out how to make fiat gains from your bitcoin, which seems to be an inferior way of thinking about the matter, but whatever you can do you, and some of us can suggest that you are framing the matter in inferior ways... which seems to be the case.

By the way, since you are wanting to seem like such a smartie pants, have you been able to beat a strict DCA approach to BTC?

If we look at your forum registration date, if you had been accumulating $100 per week of BTC since your forum registration date, you would have invested about $44k and you would have had accumulated right around 16.7 BTC (https://dcabtc.com?sd=2015-11-20&sda=custom&f=weekly&d=9_years&ac=10000&c=true), which would not be too bad, and so whatever you are doing in regards to your proclamations of abilities to time tops and bottoms, are you reaching equivalent or better results than that?   Personally, I don't really see any needs to perform better than that, but hey there might be some ways that guys are able to beat the performance of a largely strict DCA approach.. or even some hybrid variation of a strict DCA approach, but I doubt that fucking around with trading, even though you are trying to describe trading as something else would be an appropriate route forward for the overwhelming number of normies who might be considering whether and how to get into BTC.


Fuck crypto.

If the only thing that you are investing in is bitcoin, shitcoins and cash, then you should have no more than 10% of the value of your bitcoin in shitcoins, and so therefore 90% of that part is in bitcoin.

Another thing is that when you are investing and trying to figure out targets of how much you are going to invest in bitcoin (again fuck shitcoins, don't be preoccupying yourself with that nonsense), then you have to figure out a variety of factors in terms of your varius goals.. that largely relate to how much disposable income that you have available to invest and then how much of that are you striving to invest, and surely you can also look at your overall income and maybe your investment might amount to somewhere between 5% and 25% of your total income, but you cannot even get to that if you are in a situation in which your income is not sufficiently larger than your expenses.

Of course, if you had already been investing into other things, then you might consider how much you would like your bitcoin investment to be as compared to the other things that you already have in your investment portfolio, especially referring to what might be the quasi-liquid portion of your investment portfolio which could be things like property, equities, bonds, cash/cash equivalents and commodities ....and yeah shitcoins are not a part of that on purpose.. and sure if you have some kind of a gambling tendency, you should at least limit your inclinations to gamble on shitcoins to no more than 10% the size of your bitcoin holdings, but surely you should be figuring out your bitcoin investment and strategy first prior to getting distracted into shitcoins and you should not be cheating when it comes to your limitation into shitcoins of no more than 10% since there are slippery slope tendencies that any gambler has, and if you are attracted to shitcoins you already have gambling tendencies that you should try to get rid of, but if you cannot get rid of them, then you should at least limit them to less than 10% of the size of your bitcoin holdings... and try to be reasonable about it rather than tryiing to manipulate your allocation into shitcoins when you keep losing them but bitcoin keeps going up, so then you end up fucking up and draining your bitcoin investment if you are not trying to control your inability to stay focused on value rather than attempting to get rich quick through various scams, shiny objects and distractions.


Yeah, but if we go by your forum registration date, you have ONLY been into bitcoin for about a year and a half, and also I think that in some of your other posts, you mentioned that you were not accumulating bitcoin aggressively (or even consistently) during your whole forum registration time.. and in some sense, I am largely trying to say that you are spoiled by bitcoin largely going up during your whole time in bitcoin.. Yeah, sure there have been some pauses and corrections, but if you look at the charts, from your forum registration until present, the BTC price looks almost like a straight line up.. so that is a bit of an artificial status. which is part of the reason that any of us likely need to get through a whole cycle, and yeah, you sure may well end up concluding that bitcoin has been very good to you, even if you spend another 3 years or more accumulating bitcoin and even if you end up buying some BTC at higher prices than any subsequent correction might end up being doing the road.

One Bitcoin is currently worth around $64,000. If an investor expects to make a significant profit from this then there is no option to increase his portfolio. Now who will be satisfied with how much profit will depend on the bitcoin accumulation of that individual. If he holds bitcoins with a large amount, his profit will naturally increase. One of the purposes of doing a DCA is that an investor is able to grow his portfolio for long-term bitcoin holdings without any pressure. But DCA has nothing to do with profit. Here the more bitcoins an investor can accumulate, he can be more profitable in the long run for bitcoin holding. Profit amount depends only on Bitcoin accumulation.

If you do have that kind of confidence with Bitcoin then you wont really be caring about on how big or small that you could get that profit on which you do come for that somewhat having the security considering
that Bitcoin is really that been mainly be that supported by all on which you would really be having that kind of confidence on which you cant really be able to tell someone on which one he/she would really be that able to accumulate. So it would really be just that on someones decision when it comes to buying and selling on what coins you would really be that be dealing into.

Success is something that will really be that depending on how someone would really be that handling himself into his crypto investment. Actions would really be that varying
depending into your views and perceptions in regarding into your crypto investment. Doesnt matter if its on Bitcoin or other altcoins.

Yes, it will take long to accumulate huge profits in Bitcoin investment but the fact is that there is always certainty to what you are done and that for me it's even better than doing trading or gambling your Bitcoin to get that kind of profits hopefully from a lucky trade session which can be risky or by switching investment to altcoins which for me it's not even supposed to be an option for anyone who is aiming for something realistic with their saving, although their their is also the case of the amount of funds you use for the DCA strategy because you can use some certain amount which will build you bigger profits in a more shorter time frame.

Yeah that's true, honestly speaking I'm still  kinda far from reaching my accummulation goal , I still have a longgg way to go but still I can see some nice progress in my accummulation due to being more  consistent with accumulation lately . And you right I might need a whole cycle or 3 years of accumulation before getting to point of having enough Bitcoin stashed ( hitting my accumulation goal). I still have this feeling that after reaching my accummulation goal, I will still continue my purchasing of Bitcoin, but it will be once in a while , I won't be aggressive as I where when I was aiming my accummulation goal (after hitting my goal).



Yeah making any decisions is base on one choice, but still it is the duty of those with adequate knowledge to give those who are new in investing a proper guidance, so that they won't endup misleading themselves in investing in the wrong project , like some shitty shitcoins.
Most time those with the mindset of "my investment my choice " and don't normally give a damn on what others are trying to impact on them that will definitely help them in achieving something epic , (e.g not selling your bitcoin too early or when you haven't gotten enough stashed (this is an example of such impacting words) )   normally endup getting themselves reckt easily. So is true that making decisions is ones choice, but don't endup making decisions that will only affect you or your investment negatively .

Fuck crypto.

yes it does matter if it is bitcoin or shticoins.. and so be careful if you are confusing them and convoluting the ideas in your own head, which largely likely means that you actually don't even know what bitcoin is or how it differs from shitcoins.

Real, seems he is confuse. So because investment is individually based, one should allow the other to invest into a wrong project making bad investment decisions, damn.
This kind of opinion often lead newbies to make bad decisions and end up regretting because of lack of proper guidance. Wether or not, one should  invest in Bitcoin and get over any need to invest in shitcoins especially a newbie, focus on the main goal which is Bitcoin not putting your money into Ponzi.

I don't even have a problem with guys choosing to put up to 10% of the size of their bitcoin holdings into various shitcoins, especially if they cannot resist the temptation, then if they are at least limiting themselves to 10% while they are learning .. and especially learning about bitcoin, since it would seem that if you consider something like "crypo" and you put 90% into bitcoin and 10% into some various shitcoins, then you may well also spend 90% of your time learning about bitcoin rather than shitcoins, but yeah, there are a lot of people who are neither able to maintain focus, but when they go to talk about bitcoin as compared to shitcoins, they talk in kinds of vague-er-ies (the state of being vague) that make it difficult to know what the fuck they are talking about, since even though there are some various scammers that attempt to categories and give preference to various shitcoins being less shittty than other shitcoins, in the end much of that hardly makes any sense if you really look into the matter, but the problem of guys looking into the matter, is the will frequently fail/refuse to understand bitcoin's value proposition prior to figuring out the extent to which some shitcoin might be attempting to solve any kind of actual problem rather than either being a place to print money or a way  to be an affinity to bitcoin or a way to facilitate other scams, which are likely not solving any problem besides pumping and dumping.. and if you are getting into them with a belief that you are going to be on the benefitting side rather than on the side that gets dumped on or rug pulled.

You are right jayjuangee, I use to tell people that if you are investing on Bitcoin don't be distracted by any altcoins or shitcoins because they will draw your attention such that before you will know it you have already invested more than that 10% of your Bitcoin holdings that you used to gamble altcoins because if you buy shitcoins and the price pumps and dumps and you lose your money you may attempt to still gamble again with part of your Bitcoin holdings on altcoins to see if you can actually recover the amount you lost initially and by so doing you keep on losing and before you realize you have extremely reduced your Bitcoin holdings.
Any one who uses part of his Bitcoin holdings to buy an altcoin should just be ready to gamble with their emotions because it will look like someone who is trying to move out of his comfort zone to a place of distress.

sometimes, one of the reasons why people  try to just jump into Bitcoin investments in a time they feel the market is bearish hoping to zoom off whenever the market gets bullish is probably because they are still very new to the system and aren't ready for any long tern commitment that will see them to gaining better in the future. It's a mentality something that needs the right orientation or some sort of massive reorientation to bringing such individuals out of those short termed mindset, and I guess this kind of discussion is really helping to shape the right narrative for short sighted investors. And again, most people find it difficult to invest in Thier future in a manner that they might not necessarily see quick returns and so regardless of the prospect the future holds for long term investors, it doesn't get easy for them to shift thier mindset to focus more about accumilating for the long term.

So maybe what is necessary to ask is, how long does a bear market last? And for that space of time, what's the quantity of Bitcoin can you comfortably accumilate such that selling when it gets bullish you can still remain in good profit? And then, even when you're in profit for investing so little, your intentions is to convert your BTC back to fiat and then what? Spend it all out out because you've made a little profit only to see Bitcoin getting more bullish and then buy using a bigger amount of money making your previous investment a total waste? That's crazy.

In addition to the fact that DCAing for the long term will help build the quantity of bitcoin you have in your portfolio, long term investment is the surest way that will prepare for early retirement and it's even better than relying on the pension that's coming from the angle of the government as you're in this case the one at the centre of your investment. And sure, even if Bitcoin didn't end up shooting to high at the time of taking your holding after reaching your accumilation goal, it's still way better than saving in fiat or rushing to take out the small amount of Bitcoin you've been able to accumulate because you're in a little profit.

I don't think this attitude its only for people who are new. Thesame thing is applicable to old bitcoiners. I know most people are just fucking around trading, but I don't give a dem about what they think they might be doing. It makes no difference when an old bitcoiner and new bitcoiner are doing thesame thing as buying in bearish Time and selling at bulish, it's all seams to me like trading or gambling. what really matters to me is how effective they are In Buying and HODLin Bitcoin for long term which the least or average maybe 4-10 years, and also 10-20 or 30 years at most.

Reorientation is good to chanel traders or short term investors focus on the right part , but the matter is how many is ready to follow the right part? If I where some orientators I wouldn't want to border myself educating people whom are not really ready to learn, because it's like pouring water in a basket. But what really matters is just to pass the information across to people who are willing to learn because not all are really ready to learn. But I believe this discussion  will change the narrative of some people who maybe ready to learn,  just as you said.

No, I really don't think so about this statement here, I think it's totally contrary to what is happening in today's market, for the few months I have been in this crypto space, I have come to understand that almost all newbies mostly buy during bull season, they only buy when everything are ok, when the market are mostly green, and they start panicking when the market start declining, and that is why the the higher numbers of panic sellers are mostly newbies, because they don't have much belief in Bitcoin, and they mostly sell at a loss when the market start declining, they don't know that Bitcoin have what it takes to bounce back from any setback, because over the years, it has proven over and over again that it can recover it previous value, and it gets better with age, just like a fine 🍷 wine,  so it's only people that have gotten a little bit of knowledge of Bitcoin  and how it works, would know that the best time to buy is during the bear season, or through the DCA accumulating strategy, so my brother, knowledge is key, even in this crypto space.

That's a very bad idea for a new investor. Waiting for so long when the price is low before buying their starting their investment. I wont be surprised that such person has been waiting for long now for the right dip, and has procrastinated until he found out that this is the lowest he can get. Its wrong to keep waiting to buy bitcoin, this is because when we do there is a probability that the price might keep going up and going up never coming down before we realize the price that would be consider as a dip will be a higher price above the current price that such investor would have bought then. If you know such person planning to enter the market when the price dip tell them to buy now, buy more when the price drops and still buy more when the price goes up. Haven't they heard of DCA, with DCA they wont bother looking at the price.

Its difficult predict how long any bitcoin cycle would last. Whether bear or bull its uncertain to know the time period. This is because there are various circumstances that could surround each of the individual cycles at every given period and when it does until it is over we would continue to see a bear market. But honestly its doesn't matter, what matter is how you were able to take as much advantage out of the bear market to build up enough portfolio in bitcoin.

The quantity you will attain depends on the quantity you bought. The higher the amount of bitcoin you bought during the bear market will contribute the amount of profit you would be when it is 100x or above. For instance you bought 1 bitcoin at $65k which can be consider as a dip since its below the ATH. When the price reaches $100k you will have $35k as profits so even if you choose to sell $10k or $5k you still remain bullish. Always remember the fraction you have only increases when you buy more and decreases when you sell, the price is the only thing that changes from to to time when you dont buy or sell. It remains the same if you hodl.

Since bitcoin is a long-term investment, it is not good to be distracted by putting 10% of our money into altcoins or shitcoins when we don't have enough reserve funds that will help us hold our bitcoin until the expected year we want to sell it. There are so many altcoins and shitcoins coming out every day just to rip people off their money, and we can't tell which altcoins or shitcoins to invest in without losing our money. The best way to be safe is to ignore altcoin and shitcoin investments. Instead of investing 10% of our money in altcoins or shitcoins, we should use that 10% money to keep a reserve fund that we will never get to touch unless there is a real emergency that comes up.

Yes, it is better to call Bitcoin for Bitcoin and altcoins for altcoins to be more specific rather than calling crypto as it addresses the entire crypto market. When people once hear crypto, they'll already think it is a scam investment especially for new investors not knowing that there is legit which is Bitcoin. It will not just confuse the readers but a piece of misleading information making them think that Bitcoin is just the same as altcoins (aka shitcoins) that have no value.
Talking to them separately (not crypto) the better for it this will clearly be understood and put in their mind.

I am not sure whether your framework is good Pi-network314159, because there could be some questions regarding how many coins you have, so then there could be some guys who consider that they have reached a point of overaccumulation.

So let's say right now by whatever calculation methods that a guy does, he has come to the conclusion that his entry level fuck you status is right around 23.7 BTC; however, in his stash he has around 40 BTC, and he also has concluded that he is going to be able to withdraw 10% or more of his BTC - because by his formula, he has already figured that the quantity of BTC that he is going to need to continue to maintain at least entry level fuck you status or higher is going to go down rather than up, so under those calculations he has way more than what he has concluded to be a necessary number of coins to maintain the fuck you status that he has defined for himself.. .. .and so he may even be able to consider that he has a lot of liberty with a certain quantity of his coins.. maybe even 10 of his coins.. so he might create some formula to sell a certain number of coins on the way up (maybe somewhere in the ballpark of 5% of his coins every time the BTC price doubles.. or maybe he picks some other interval or amount), while also realizing that he is not going to sell any more than 10 BTC, and/or he could also decide that he is going to sell a certain quantity of coins every month no matter the BTC price (except maybe he would consider if the BTC price is unreasonably low or high, he might make adjustments to his sales amount), and maybe his tentative range of monthly sales would be in the ballpark of between 0.1 BTC and 0.2BTC per month.   

So even combining those two BTC selling methods, he considers that either a lot of time is going to pass or the price is going to go up a lot for him to even come close to selling the 10 extra BTC that he has, and he still has more than 23.7 BTC plus he has an extra 6.3 BTC as a cushion before he even gets to the 10 that he is selling under the various formulas..  .. and even if he has set some parameters for buying back if the BTC price drops, he is not engaging in any of his conduct with expectations to buy back, but he also does not have anything against buying back some coins when the BTC price drops a certain amount that he might prescribe to be 10%, 20%, 30% or some other number lower than the price that he had sold (presuming that he  had not already used some of that money in consumption purposes).

In other words, I would suggest establishing a certain size stash provides more liberties in regards to how to manage your stash, once you might consider that you are no longer in BTC accumulation stages, and yeah sometimes even older bitcoiners do not get to points in which they have accumulated enough or more than enough BTC.



I would suggest that a basic perception is that everyone should be in accumulation mode until they have reached a state of overaccumulation, so in that regard, you are ONLY able to sell once you have assessed your own situation as being in an overaccumulation status, so if you sell you are not selling in order to be able to buy back cheaper.. you are selling because you have already concluded that you have more than you need; however, if the BTC price ends up dropping you could use proceeds from your sales to buy back.. but you are not expecting or needing to buy back, since perhaps the amount that you sell is ONLY going to be a relatively small amount of your stash that is part of the overaccumulation amount.. since you have already assessed that you have more than enough BTC.


Hopefully you are not fucking around with shitcoins or considering that there is some kind of value in studying them prior to making sure you understand what you are doing in regards to bitcoin... anyhow talking about "crypto" makes you sound like a distracted shitcoin who does not know how to properly talk about bitcoin or to figure out your focus, because if you feel some kind of need to talk about shitcoins while we are talking about bitcoin, then there should be some kind of a context to that rather than using dumbass-vague terms to refer to bitcoin as if it were part of some shitcoin space, and you don't even say, you just lump it in as if you are trying to sound smart by saying crypto rather than bitcoin, if you might have been wanting to talk about bitcoin.

Whenever your hear about the emphasis on knowledge,  look closely and you will see a supposed expert analyst who knows the perfect shitcoin to buy and the perfect entry and exit strategy but at the end, it usually end in tears. You will never hear a long term Bitcoin invest stress this knowledge of a thing because there is practically no need for that.

I have noticed that most Bitcoin investor spend more energy learning about how to secure and preserve their assets, than worrying about entry point... with key interest in wallets, privacy and knowledge about latest innovations in Bitcoin.

If you hold Bitcoin intensively, you can buy Bitcoin anytime, anywhere. Many people make many types of investments, short-term placements and long-term investments, long-term investments are made by many for 10 to 15 years. So I think Bitcoin is only suitable for long term holding, and other coins are not suitable.

Hope you understand that to see a reasonable profit in bitcoin, you should have held your bitcoin investment for at least a full circle which is usually 4 years. So anyone who is buying now hoping to see sizeable profits within few months as you are saying might get a bit disappointed, unless they are buying the way Microstrategy usually do. But if it's someone who is buying through DCA, I don't think they will see a good profit in few months as you are speculating.

I agree with you. Not that they don't understand or see the reason but, the ability to stay discipline regardless is fvcking the process. As human you begin to hunger to purchase new things, and tendencies to spend arise most of them can't stand. Discipline and sticking to the initial plan, not being moved rather continue accumulating according to your means careless about what the market does, your only concern should be how you go about building a solid portfolio of a valuable asset like Bitcoin.

Yes I do agree with you @barikui1 about what you have enunciated as to why newbies sell at a loss after buying bitcoin. Within the little time left to the halving this past week I observed that the buy rush to partake in the bullrun after the halving wasn't done only by the whale buyers alone, the little fish newbies weren't exempted because that was the time they had set in wait to buy in the belief that immediately after the halving takes place in no time the bull run will start to ride in spiking the price of bitcoin but unfortunately for them the market is unpredictable and with uncertainty, and that means it could take close to a year or more or less for us to experience this very anticipated bullrun. So newbies not understanding this about the market they start panic selling due to delay which wasn't what they had expected. Experience is a powerful guide to buying and holding, but not every buyers has this experience we're talking of.

The phenomenon you want to discuss here is actually a normal phenomenon, just because you sell doesn't mean the price of the Bitcoin or altcoin you bought has changed, these are all normal conditions in the market and getting the best time to buy is actually very difficult, you have to use a strategy in buying or selling, the point is to prevent you from doing stupid things like selling at a loss or buying under FOMO conditions, the DCA strategy is a good one imo.

Bitcoin is also very good to use for short terms, it's just that you have to have good timing when trading, the slightest mistake will only make you lose, again as i said above, the DCA method and buy the dip is a good strategy for long term investment in bitcoin.

Many people don't really get the meaning and difference to the two word as one can be way misleading and not only that it can also result to confusion on someone who is trying to start up with the right type of coin. I aslo learned the difference in JJG teachings here and also doesn't hesitate to correct my friend who are still glued to the error inorder for them not to mislead anyhow into buying shit crypto coins instead Bitcoin.

The use of the word crypto is mostly refered to the altcoins which some folks HODL which is them gambling without knowing and Bitcoin on the other hand is what is mostly being highlighted here anytime in discussion.

Well, in this case whereby an investor buys a coin and the value of the coins depreciates from its value, then the investor that bought the coins sold them out of fear and in loss, I would say that it depends on the kind of person or, let me say, the kind of coins the investor bought. If you buy an altcoins you will not have a rest and your money will be ripped off because many altcoins/shitcoins are scam coins and some of them are Ponzi scheme projects.

However, I feel like some people invest in altcoins because they think those coins will be able to build a better opportunity for them. Some investors without a better observation sense will think new altcoins can last long and gain value like Bitcoin, but not those coins can't stay up to the years Bitcoin stayed.

Talking about the time to buy more coins, here is the time to buy Bitcoin, but come to think of it, what happened all this while? Or are you hearing about Bitcoin for the very first time? Well, it's obvious that a lot of people are hearing about Bitcoin for the first time and some of them are planning on buying the little they can afford. But we have to let them know that Bitcoin is not the type of investment one will make in only 6 months. If they are planning an investment, they should also get ready to buy and hold for the long term.

Because they just follow the trend especially when someone say about hodl it since its just the same with bitcoin where the price would provably grow when many years past that's why there's a lot of people got scam because of this wrong thinking or misconceptions about everything they do on altcoins. So much really better to have separate calling and let bitcoin remain called bitcoin and altcoin is for determining those coin also token so that newbies could easily figure out what is the accurate thing to hodl.

This is why newbies need to learn and don't listen to someone's opinion since to many misleading statement here and to dangerous for them if they pick those wrong information which may cost them to lost a lot of money. So we should be more careful and straightly hodl bitcoin only.

Holding shitcoins is a slippery slope and should consider a gamble rather than an investment for so many reasons which one of them would be the fact that shitcoins are a ponzi scheme to distract people from accumulating bitcoin.

Gone are the times of think that investing in bitcoin requires large funds or some kind of rocket science, its even easier to interact with bitcoin than most shitcoins or other projects, to invest in bitcoin even as a total newbie is possible with the DCA strategy which involves only buying bitcoin on a regular interval and this is good because as a newbie you won't get into panic from price fluctuations cause it protects you from volatility, you would also have to worry less about icing the market or when its best to buy bitcoin.

Bitcoin is not good for Trading, trading with bitcoin is just like gambling. I have not seen a person that made fortune from trading. I detest the word trading because when I was doing trading I constantly gain less and loss more often than win. Instead of getting a good profit in return I always lose. When I buy when the market is bearish, it tend to remain constant without making any move to become green but imidiately I sell, the market tend to be green like I was the one that made the market stood still . After having several issues on trading I have decided not to trade anymore. I have started accumulating bitcoin gradually despite it is small, but its better than to trade or invest in some sort of shitcoin that wouldn't profit me in anyway. But accumulating gradually like $5 *4 weeks =$20 then $20 *12months = $240. Then multiply by how many years I intend investing, it will be way better than trading at lost or shitcoin investment.

Well we did not see some big profits after this Bitcoin halving. But this is ok because I think we are still in a 'bull market' and we will see big gains for Bitcoin and alt coins this year.

But you can not want to has this thought for selling your crypto. This is not a good thing for you to think. Black Rock and Fidelity now hold 428,108 Bitcoins so that is more 'bullish' news for me to buy some more. 

You made the right assessment. After the halving is still going through the correction we are currently seeing. It's not that stressful for investors. Reasons I have seen before the halving were not so deep and investors big and small did not show interest in selling as expected and not yet. Most were inclined to buy and the bull run was eager for it.
I think "Black Rock" and "Fidelity" are waiting for a bull run with their holdings that are expected to hit $100k soon. we are seeing also many other organizations/individuals have significant bitcoin holdings like - "MicroStrategy Inc", "Galaxy Digital Holdings", "Marathon Digital Holdings", "Tesla Inc" etc. Mentioned organizations/individuals are increasing their BTC levels. Where institutional investment continues to grow, individual investment is more promising and make trusted space.

Now thats the big issue with short term investment, when the Market doesn't give as much profit as expected people tend to get disappointed, but if you are accumulating bitcoin for the long term you would have less to worry about and your focus would be to accumulate more bitcoin over the years and eventually bitcoin does well you stand a better chance to get better profits than short term traders. Bear market for a long term investor or during times of price decline is a stepping stone for long term investors to accumulate more bitcoin at a cheaper price.

Shitcoins are not considered in this thread cause we see a them as a slippery slope and a distraction from the main goal which is bitcoin. If I were to assume that you had started accumulating bitcoin from your time you registered on this forum then you should already have a very mature investment by now that's if you where aggressive towards accumulating bitcoin and should already have some of your earlier coins in profits by now, have you considered looking at Jays sustainable withdrawal thread. https://bitcointalk.org/index.php?topic=5475347.msg63213914#msg63213914

The price has not gone higher yet but it will definitely go higher because halving has taken place and its effects will surely arise so collect your favorite coins and wait for halving effects.

Big news has not taken place yet but it is common and only experts and crypto familiar people can understand this fact. Bitcoin halving takes place to elevate Bitcoin and other coin prices because it is predicted according to the past years of halving.

Maybe a lot of people expect to much for something big pumps coming after the halving came. But they failed to realize that the bull run already occur for quiet long time where bitcoin reach its ATH for past couple of days or when halving didn't occur yet. So maybe its expected for a sort of corrections to happen and this is the effect of it. But people should stay their cool and not to get panic on situation since we are still on early phase and even if we can see a slow movement for bitcoin this days then provably we can able to see the real halving effect in one of this days since this year is quiet good for bitcoin since there's a lot of people are paying attention on their bitcoin investment so provably that one can convert into huge demand which can help bitcoin to rise.

this sound like my one time naive self trying to bother about Bitcoin getting to a new ATH even without having any holding at all. There is no point in trying to convince someone that Bitcoin price will go up high any moment from now and then make them start thinking about investing massively now with the hope of hitting it big after Bitcoin has miraculously hit it climax because of  the post halving season. Considering the fact that @mich has possibly been in the bitcoin ecosystem for multiples of circles, since his account creation date suggests so, it's possible he must have observed that from past post halving bull, it's never always immediately after the halving that you just have a massive bull. Fortunate for this year, we even hard Bitcoin getting to a new ATH before the halving which has gone a long way to send a strong signal that the bull might be massive but let's understand that this might happen or might not exactly happen the same way we're speculating but what's even important isn't that bitcoin gets too high or not but that we're still DCAing regardless of the price.

It's possible that there might come a time when Bitcoin will become less volatile over a long period of time and if you're always of the short sighted  mindset of investing because of a supposed potential bull, you will end up getting all screwed up when you expectations don't come as fast as you expected.

when you're talking about big news playing the role in Bitcoin bull, it's possible you're referring to meme coin and not Bitcoin. Bitcoin price is practically dependent on real principles that's not just a function of hype or any sort of media frenzy. Maybe if you've talked about the post halving effect  of demand and supply on Bitcoin affecting it price it would have made much sense but if you're waiting for a big news to break out and then Bitcoin price will suddenly sprout up, then i doubt such kind of thing will happen. But let's not get too bothered about Bitcoin price going to high as though that's all there is about investing into Bitcoin. Even if it takes the next five years for Bitcoin to get to $150k and you're able to accumulate a good quantity of Bitcoin from now till then, you're not just at an advantage because you've made profit out of your investment. The art of DCAing alone that will end up compounding into something big over a long period of time is something never to be taken for granted and when the price of Bitcoin now increases by a certain percentage after DCAing for that timeframe, it now makes a whole lot of sense rather than just buying Bitcoin wishing to sell it out any moment you're in a little profit

We are still in the post halving period
Historically it can be seen that Bitcoin never increase exponentially immediately after halving period
It's a gradual increase.

Like everything, Bitcoin exist in an environment thus would be affected by certain factors in the environment and economic factor ain't excluded.
The ETF approval was a news and played a role in the price for sometime
FTX liquidation was a news and affected Bitcoin price for some time. Don't forget Corona or the prospect of a war.
Though the news affects, it's usually for a short period of time doesn't mean Bitcoin price is immune to News.
The difference it's more resilient and not as volatile as the meme coins
If it's a dip it's probability of recovering to its previous period is waaaay higher than memes.

I disagree with you on this and I see it as being short sighted, failing and refusing to see the true potential that Bitcoin holds, or probably you aren't ready to leave being poor. However, you can do whatever you like but the truth must be told that Bitcoin is not a tradable coin and shouldn't be view on a short term perspective such that even without considering the negativity that follows trading on the part of approaching Bitcoin with a short term view, Bitcoin investment is best performanced when view on a long term perspective where your investment will experience the compounded value of your Bitcoin investment over period of time.

When you think long term you have no business timing the market rather you maximize every buying opportunities to stash up sizeable worth of Bitcoin. Trading Bitcoin is Very risky and has a lot to do with emotional devastation while investing for long term gives you that peace of mind when you are fully prepared.

Are you saying that there will be no more bull season again and that the bull we were expecting this year after the halving happened before the halving?

Am not convinced that the bull run has ended I believe that soon enough the price will correct and the price will start going back up. After all its not yet the middle of the year. Let the halving month end and let's see what awaits us next month. But I believe it will be a bull run starting again.

I am inperfect, striving to accumulate as much as possible from when i have realise my mistakes. I explained it earlier in the dip and HODL thread, that I made some mistakes regarding wrong investment and ever since then I have been accumulating and never want to miss out because I have understand the importance of HODLing for a long time. here was my reply after my mistake.  click here. (https://bitcointalk.org/index.php?topic=5132720.msg63459439#msg63459439)from hence I have decided not to fall for cheap scam shitcoins for short term profit. I may not have enough in my portfolio in regard to your question, but like you always say we should start with what we can afford invest that will not affect us by not overdoing it. I know the way I sounded looks like one who may have accumulated alot of btc, but I was saying that in anticipation towards my experience, and would never want any body to go through that part again.

sure you are absolutely right. accumulation process need to be continued to a point when even if you sell some of you stash, it wouldn't affect your accumulating process anymore or would not border to accumulate because you have enough. but the question is, how many people are financially buoyant to accumulate to that point where accumulation will not be there problem? you know we have different investor and their capacity. your absumbtion is referencing to whales who can accumulate to that point. but my question still repeat what about those who cant afford that kind of number of coin? I guest they will continue to where their capacity would take them to even if it's 0.1btc or 0.5btc or 1btc . another question now is that whoever that accumulate upto 0.1btc as the highest or any of the figures I provided above, can he also be considered as someone who has over accumulated? or at that point doesn't need to buy back ? In your opinion what is the minimum or average Level of an accumulator to stop and consider himself as over accumulation?

Market conditions can always occurlike that, when everyone is tired, saturated they sell their assets at low prices, at which time the whales make an upward price reversal. What is clear is that this trading job is no joke if you can't wait for our money to burn like burning.

I think the current conditions are still quite normal where large sell-offs are few and not too much so as not to make the market collapse quickly. If we pay attention, BTC is still maintaining its position, not freefalling, quickly falling, and is now still in the range of $62,360.

Going for short term investment into Bitcoin is not really a good strategy and it sounds more like gambling and trading also. Bitcoin investment is for the future like hodling for a longer period of time like between 4-10 years or more and not to sell out your hodling in 1 or 2 years because it's just same thing as trading and can be misleading.

And then there is no need timing the market that's why is good to use the best strategy to accumulate more Bitcoin by using the DCA strategy which helps you purchase Bitcoin at different interval at a fix time probably weekly or monthly so you won't have a high blood pressure by timing the market.

Especially new investors hope to invest in short term to get more profit. Actually those who have enough knowledge about bitcoin never invest in bitcoin short term they invest in long term. While some people expect to invest when the price of Bitcoin falls, it is best to invest in the DCA method rather than waiting for the price of Bitcoin to fall. The most effective way to invest in Bitcoin is to invest in the DCA method. If you don't have enough money then if you can invest in DCA method then your investment will be very big at some point. Investing in bitcoins first you need to decide to hold long term, if you can't hold long term then you won't earn much profit. If you can continue investing with DCA method on weekly or monthly basis for 8-10 years then you will surely become a successful investor.

I actually don't get you clearly, but if am correct, you meant that their is a need in timing the market, before you make a purchase of Bitcoin, but to me, I actually think otherwise, to me it's a waste of time, because that's what traders do, not investors like us, that is only thinking long term, because as long as it's Bitcoin investment, in other to be successful, you need to be long term holder.

 I know that the temptations of cashing out your profit during the bull run will be very tempting no doubt, but a good hold will keep on holding till his or her investment goal is met, but our major focus right now should be how much quantity of Bitcoin can we have in our possession, that's why we should be more committed in the DCAing, so as not to be left behind in building generational wealth.

Actually the part I highlighted was a misprint or typographical error what I meant there was that there is no need timing the market though I have edited it in my post thanks for making me notice the error.

https://talkimg.com/images/2024/04/29/rmUWd.png (https://www.investing.com/analysis/bitcoin-potential-correction-looms-despite-etfs-halving-200647073)

While many are worried about the temporary decline in the market, it has been an opportunity for some. Because many people are waiting for the purchase of Bitcoin at a low price. Many people will sell their bitcoins despite the loss due to this temporary price drop and others will take advantage of this opportunity. Those who wish to invest in Bitcoin must invest after knowing about Bitcoin. By confusing investors by creating temporary volatility in the market, while ordinary investors will suffer, those who are whale investors will definitely be profitable. Both ETF approval and Halving have been completed. We may not get its reflection immediately but we will certainly be able to see it after a certain period of time.

Holding your Bitcoin investment within a circle can not even be a guarantee of seeing a reasonable profits, what puts you in a reasonable profits is how much of Bitcoin you have and how long you were able to hold, I believe there are still investors who may not been able to stash up Bitcoin up to a reasonable amount within a circle hence profits should be discussed in terms of having Bitcoin up to a reasonable amount and while holding for as long as possible which may not be considerably one circle, but as a longer time enough to put you in to a good and reasonable amount of Bitcoin.

I was not necessarily directing my comment specifically at you and/or your situation, and largely my attention had been drawn to your statements that generally seemed to imply that how long someone had been in bitcoin is going to end up establishing what kinds of options that s/he has available, and surely I was trying to point out that the amount of coins that anyone had been able to accumulate would also serve as a pretty important factor, so I was not necessarily disagreeing with your overall ideas, but I just thought that you might have been making too many generalizations in the comparison of longer term bitcoiners to newer folks, and surely there can be some folks who are also already experienced in investing prior to coming to bitcoin, including some folks who have way more discretionary income than others, yet some folks will also have a lot of advantages in regards to their potential to profit from bitcoin, but even those advantages might not cause them to allow bitcoin to advantage them if they fail/refuse to act in terms of establishing a bitcoin position and maintaining it.

There are also no guarantees that bitcoin will continue to serve as a transfer of wealth from the no coiners to the coiners, so each of us has to take responsibility over however, much we choose to invest into bitcoin and the extent to which we might hedge in terms of having investments into other assets - or at what point we might diversify into other assets, especially if we might be both new to investing and also new to bitcoin, there surely would be nothing wrong with starting out by ONLY investing into bitcoin and cash and without having any other investments until after some time of building an bitcoin investment portfolio or perhaps some circumstances change in which views upon bitcoin change to cause changes in perspective regarding how to allocate new money.. or even to reallocate how much is invested in bitcoin as compared to other places (not referring to shitcoins here), if some folks make those kinds of choices (which may or may not end up playing out as correct choices).


Part of the problem in regards to starting to sell prior to reaching a state of overaccumulation is that you likely would be buying out of one hand and selling out of the other, which sometimes can end up being quite ambiguous behaviors if you are starting to engage in such practices prior towards your reaching a state of overaccumulation.  

So personally, I have difficulties attempting to define how anyone would know whether they have reached such overaccumulation status.. so part of the way that I had ended up calculating it for myself, is that in my selling on the way up, I have always sold ONLY such a small amount of BTC that I would not expect to be able to buy it back, so there can be ways to calculate such formulas.. but it also seems to not really work so well if you are still wanting to accumulate more BTC, so if you are selling on the way up, but at the same time you are DCA buying, then you are engaged in both practices, so it would almost seem more logical to cut out the selling part and just continue to DCA until you reach a point that you are mostly no longer accumulating BTC, whether through DCA methods or otherwise.  I describe some of my ideas of raking in this thread (https://bitcointalk.org/index.php?topic=5475347.msg63213921#msg63213921), and yeah there is a bit of a presumption that accumulation targets have already been establish and sales are not being made in order to buy back lower, even though the table allows for it, but there is also a built in expectation that the BTC price might not come back down after any sale has taken place.


For example, in traditional investing it could 30-40 years or even longer to build an investment to a point in which the investor gets to fuck you status.. (which is one way of determining that s/he has enough), and it seems to me that in bitcoin, that timeline could get cut in half to 15-20 years, and surely it is not even guaranteed to get cut in half or to be better than traditional investing methods. So each of us can ONLY do what we are able to do based on our best information and our best tactics based on our own finances and psychology.

Surely there is a need for discretionary income, and having a discretionary income tends to establish the boundaries of the maximum amount that could be invested into bitcoin, and surely a person can also attempt to increase his discretionary income by increasing his income and/or cutting his expenses.. and yeah, some folks have more income opportunities than others, and sometimes there are both limitations in opportunities or there could take some time to build up training (which training sometimes can take money.. or even some folks consider that if they invest capital into a business then they can generate more income for themselves, and therefore be able to buy more bitcoin with their extra income). I cannot say which folks are able to increase their discretionary income or if they might already be starting with capital versus some folks who are starting from nothing, even though there likely is some assumptions that many folks need to engage in DCA investing because they are starting from at or near low amounts, and if they have a shitty-ass job that barely pays their expenses, then they may well not be in a solid  enough of a financial position to invest in bitcoin or anything else.. and I cannot necessarily figure out ways that guys like that need to figure out ways to help themselves (if it is even possible in their circumstances?).


I am not assuming anything, except that anyone investing into bitcoin has to have discretionary income if such persons are going to invest into bitcoin or anything else.  If such persons do not have discretionary income then they are gambling rather than investing, and I am not suggesting that anyone gambles.


You establish your investment amount in accordance with your discretionary income, and if you can ONLY afford $10 per week then that is all that you can do, unless you increase your discretionary income by increasing your income and/or by cutting your expenses.


There are needs to try to be realistic too.. so even a person investing $200 per week might have diffiulties getting to 1 whole bitcoin in the next 10 years.. but yeah, it is not easy to know, so it might be more realistic if a person is thinking that they are investing $10 per week, then after a year they would have had invested $520 and after 10 years they would have had invested $5,200.  Of course, they might be able to project salary increases or they can also project changes in the BTC price in order to estimate how many BTC that they might have after 10 years or whatever timeline they are wanting to project in regards to variable factors that they anticipate.


Each of us has to come to our own conclusions regarding what we believe to constitute overaccumulation.  So for example if a guy has an income that is right around $24k per year ($2k per month), and his expenses might be around $1,500 per month, so that means he has $500 discretionary income, and if he is investing $100 per week into bitcoin, then after 10 years, he would have invested $52,000 into bitcoin, and surely he would have had invested more than 2 years worth of income and if BTC prices also went up, then surely at some point, he might consider that he has overaccumulated or that he has enough, which might not mean that he starts to sell his bitcoin, but it might mean that at some point he diversifies into other investments (not referring to shitcoins).

So there are various ways that a guy would balance out what is his income/expenses, how much does he have invested into various assets (such as bitcoin, cash, properties, stocks, bonds, commodities), so maybe if bitcoin is carrying too much of that amount, such as 90% in bitcoin and 10% in other stuff, he might feel like he is overallocated in bitcoin which might result in some selling of bitcoin or perhaps just using new money to buy other kinds of assets so that he might feel more balanced...

Guys have to make these kinds of choices.

In late 2013, I started to buy bitcoin, and I did not have an exact formula, but by late 2014, I had figured I had reached more than 10% of my investment portfolio in bitcoin, so I figured that I had enough, but since the BTC prices stayed down for most of 2015, I continued to accumulate BTC and I got up to 13.5% into bitcoin so I started to feel overaccumulated, yet the BTC price shot up from $250 to $19,666, so there were points in which I had gotten into the 80% areas of accumulation since I was ONLY selling small amounts of BTC, but when the BTC price corrected back down to lower than $4k, then my allocation into bitcoin was in the ballpark of 40%, so sure I could continue to consider that I had overaccumulated into bitcoin, but I still mostly sold when the BTC price went up and buy when it goes down, but ONLY selling such a small amount that I don't really care if I am able to buy it back or not.


You can measure based on percentages of your holdings in bitcoin as compared to other places or you can measure based on number years of income that you have in bitcoin, and if you want to be at fuck you status in traditional investments, then you would need to have around 25 years of income invested in order to be able to draw 4% per year of your investments (presuming that you are able to figure out ways to earn 4% per year on those investments).  I personally think with bitcoin, you can get buy with around 10-12 years of your income into bitcoin and presume an ability to earn 10% on your bitcoin and to be able to withdraw 10% per year based on the 200-WMA valuation of you BTC holdings... yet of course since bitcoin's price is so volatile, there may well need to be adjustments to withdrawal rates based on how close the BTC spot price is to the 200-WMA, and so if it is 25% above or lower, then withdrawal rates may well need to be adjusted downward. Anyhow, the point is that you may well reach fuck you status with 10-12 years of income (based on the 200-WMA) invested into bitcoin as compared with 25 years in traditional investments... but you still have to figure out your own calculations so that you do not presume that you have more abilities than you do which is one of the reasons to measure value of your BTC based on the 200-WMA rather than based on spot price.


Even if you do everything correct, including continuing to DCA invest into bitcoin for the next 8-10 years, it is not guaranteed that your investment will end up being successful.

Yes, bitcoin has been a good investment, and there is no evidence to suggest that bitcoin is no longer a good investment, but it is still not guaranteed to pay off, even 8-10 years or longer down the road.  Each of us needs to size our investments accordingly, without anticipating that our investment into BTC is guaranteed to be successful, when it is not.

You're correct JayJuanGee, people should learn how to always say bitcoin whenever they are discussing bitcoin so that newbies will not mistake bitcoin for an altcoin and start investing in altcoins. Maybe Mahanton does not know that bitcoin is operating on its own and doesn't need any help from anyone to function. 

I do lay emphasis on this too, accumulation shouldn't be limited within 10 years or we expect to already make profit, even if we do, investing and accumulation should be taken as a life process and security for the future. Bitcoin is our digital gold and should be treated as a such not just for profit making sake. The goal should be sticking to your investment plans in a way you consistently invest without getting worn out.

It is not only newbies who buy bitcoin during the bull market but also people who are doubting bitcoin, and when they see testimonies on social media on how people are making huge profits from their bitcoin investment, they will not know that those investors have held their bitcoin for long. They quickly invested in bitcoin; they had no basic knowledge of it, and when they didn't get what they were expecting from their bitcoin investment, they would sell it even when they were at a loss. I agree with you that the best time to buy bitcoin is during the bear market because you will accumulate bitcoin at a low price, but the DCA strategy is not a market; it is a strategy used in accumulating bitcoin during the bear market and bull market.

My point is not so much about the timeline exactly, even though I agree that having a longer timeline should allow for pacing of the investing - yet all along, any of us should know that at any time, our investment in bitcoin could go to zero, so we could lose up to 100% of our investment, and we could also lose some variation in-between 0% and 100%, since bitcoin is also not guaranteed to make any kind of a profit.

There surely is the other side of the ledger that should also establish that it is possible for BTC prices to appreciate greatly, so that remains part of the nature of an asymmetric bet.. a possibility of losing up to 100% (and no more if you do not leverage), but also there are various upside possibilities too, that contributes to abilities to potentially profit several times more than 100%, depending on how either side of the scenario plays out, and surely there have been many of us who have already profited stupendously in bitcoin, so we likely have decently sized profit cushions, yet there are also people who are more recent entrants into bitcoin, and surely bitcoin's price is generally up so a large number of folks who have been buying regularly and consistently over recent times are likely to be in profits, even though more recent entrants may or may not be in profits, and new entrants into bitcoin have to consider the various ways that they might want to get into bitcoin, including my own ongoing recommendation that anyone new to bitcoin should get started right away, and sure s/he may have to figure out details at a later date.

It basically proves that when an investor can hold his bitcoins, the more bitcoins he can hold, the more benefits he can get in the long run. As an investor he needs to be quite diligent about Bitcoin. Whenever you hold a bitcoin according to a circle it doesn't prove it, it proves how long you can reasonably hold the bitcoin. The more bitcoins you hold, the bigger you can become.

How do we hold long and hold on to BTC assets, once we see a slight correction in the market, it has panicked and come out, not to mention being consumed with the issue that after this halving period quickly the price will rise immediately and big profits will be obtained high.

My assumption, halving or not BTC will continue to rise upwards and this asset is the safest asset compared to others that are not BTC, for example, there is a desire to fight for the benefit of buying meme coins. It will be very sad even if the influenza is like Elon Musk and of course the journey of BTC is also very early so in my opinion just keep collecting.

The future of our bitcoin investment remains uncertain and either possibilities of we profiting off our investment or losing 100% of our investment can happen and should be considered, but sincerely speaking I myself along many others hardly put in mind or would want our bitcoin investment after holding and accumulating for so many years to not profit us, I also understand that to be on the safe side of the spinning coin we should invest with money that we won't miss during the time of our investment or something like our spare money, yet the reality before us is the fact that bitcoin is doing well and has been for some years, making many that invested earlier rich and others in good profit and we also know that the only way to prepare for up is to continue buying bitcoin, leaving us in situation where we have to side one variable of possibility over the other at least a little.

Here is what I mean, I know that bitcoin might not do well and also it might do well and to be safe I have to invest with money I won't be needing, but if want to profit from bitcoin I have to have a good stash which means been aggressive to a point and that involves giving all or a major percentage of my disposable income to bitcoin and at that point if bitcoin goes wrong I will be hurt, if I like it or not, but i won't be affected by it since I wasn't investing out of my disposable income.

And this can also come to affect how many of us would approach investing in bitcoin, to be either whimy since they would rather side the fear of losing all or aggressive knowing that there is a risk of loss but rather choses to buy bitcoin aggressively.

Your chances of success in long-term bitcoin investment can double or triple. This time you may not get the desired profit. Your fears in investing are the reason for your failure. In a panic, you can sell the asset you bought at the dips before higher price. Achieving high profits depends not only on your investment over time but also on your buying at the right dips price. If the price of BTC is on the downside, it is better to have the sense to buy more so that your capital can get a dipper price.

Better not to talk outside of the discussion we are in on Bitcoin in this thread. BTC price is upward or low, whatever you have with it because this journey is going to be auspicious for you and you continue. I will not hide the aspects of investment risk because in investing you should take into account the potential risks. It is better to be more aggressive in buy the dip and holding Bitcoins.

It's actually true that no investment is risk free and Bitcoin is no exception, but it's an asset that is worth investing in, because it has proven itself over and over again over the years that even though it goes through a rough path at some point, it can still rally it way up regardless of the effort it haters put in for it to crash, but it still stands strong.

And we need to know that not everyone that invest in Bitcoin will be able to build a generational wealth because not everyone will be able to accumulate enough stash of Bitcoin that can have a major impact on his or her life, so in other for we to be able to build generational wealth over the years, while practicing the DCA method, we need to try ask much as possible to accumulate a very good stash of Bitcoin, because that is what will determine whether you will be successful or not on the longer run.

What I understand so far is that people who hold Bitcoin will not often use Bitcoin in anything because their goal is to hold it for a long period of time and also continue to increase the amount over time when an investor has more money than they have earned. So it's not only about how long a person can hold Bitcoin, but also how much he can hold and own in that time period without thinking about using Bitcoin for anything except just buying and storing it in his own personal wallet.

So you also shouldn't be mistaken in this case because those who use Bitcoin for other things are people who don't like holding Bitcoin for a long time. Because currently there are many parties who are willing to accept Bitcoin and will also be quite happy if there is someone who wants to exchange the Bitcoin they already have for other things such as luxury goods or any service that can cause their Bitcoin to be lost. And I think investors who are smart enough to store Bitcoin will not use it carelessly for anything.

Nothing has changed.

It's the same answer as always: Hodl hodl hodl.

Take your profits in Bitcoin. Don't waste your bitcoins by spending them on buying fiat currencies unless you have no other choice.

This is right but at this point, everyone should invest according to their size and income regardless the high gains and profit involved. The common reason why people talk about buying bitcoin with high amount is because of the profit involved but we forget about our plans, responsibility and financial ability are different, or rather an investor can decide to buy using $20 weekly although this sound low compared to another investor using $50 weekly during the long run, profit will definitely be unequal so this is the common reason why investors accumulate with high amount but it's best everyone accumulate within a nice range that will not cause distraction, If the $50 weekly accumulation will cause problem I will suggest for an investor to reduce. I don't know if all this is coming from the point of competition but I think it's wrong competiting while investing in bitcoin, investing is all about comfort so I see no reason why anyone will invest more than he/her income

Basically the time we're in is the next time the halving takes place. Investors start buying when the common halving begins. And now is the only time to invest this entire month of April, as the next bull market awaits. After the halving, basically the bull market starts from 100 to 120 days from which the price of Bitcoin starts moving towards the maximum speed. The fact that the price of Bitcoin is not going up yet means that now is the time to buy, and the more you buy, the longer you will hold. The higher it will continue to improve because it can hit higher prices when a bull market begins.

We are already in the bull market. There is no specific time for accumulating Bitcoin, you keep accumulating regardless of the market condition whether or not in a bull market. You keep stacking and accumulating more Bitcoin, as for a better investment growth you keep on. So thinking that now is the only time is absurd, price skyrocketing isn't new, we can't same time tell irrespective of past data what  the market gonna do.

After you have gotten your profits if you are considering to sell off your holdings, how about your portfolio will there be more bitcoin to hold?
Let stop getting over excited and too expectant about price movement.

Buying when the price is lower compared to the previous high price can be really good, as it help investors to buy more Bitcoin with the same amount of money they used in buying lesser amount of Bitcoin when the price was previously high, but I believe that if the intention of the investor is to buy and hold for longer time, buying any time is ok whether at high price or low price, the important thing is to get started and have Bitcoin in your bag and prepare for what will happen in the up or down. I don't think one should be more worried about the price instead you should be more worried about how much of Bitcoin you have in your bag, and I also believe that those that have smaller amount of Bitcoin in their bag will not really be too happy to see Bitcoin going up without them having enough in their bags, it is those that already have larger size of Bitcoin that will be very much happy to see Bitcoin going up.

Actually, DCA is just a technique and it comes after the soft skills intelligence of ourselves and supported by funds that support being brave and never give up and have the motivation to invest in BTC in the long term where BTC is also a time shortener for profit accumulation from what we invest which initially usually seems long and boring. Yes. very precise as conveyed by our senior JJG.


This is what is happening now sir.. :-X

So far I am still holding back, and trying to increase the assets I have. Selling, buying, or holding is an absolute decision that every investor has. However, before making that decision, it would be better if we did some research. Each person here may have a different portfolio, so their decision choices will be different. So far I prefer to hold and collect assets.

how much Bitcoin can you even buy in a month? You all make it look like investing in Bitcoin is always a once in a four year thing were you buy when it is approaching the halving expecting the market to go bullish imidiately after the halving and then you take your your profit and zoom off. Isn't that a very short sighted and myopic way to think about investing into Bitcoin? Is that even investment in the first place? Anyone that starts buying because the halving is approaching or buys now that Bitcoin has gone dip expecting to sell off during the bull is a mere joker that doesn't understand the importance of having a good chunk of Bitcoin before even considering anything like selling his Bitcoin. Even big firms like micro strategy that have at least 214,400 BTC that's worth $13.6 billion aren't still considering selling any part of holding but are still gearing uo om stacking more Bitcoin and you think you've accumulated enough and should be talking about taking profit after the bull?

you seems to be too certain regarding this your 100 to 120 days timeframe before it gets bullish after Bitcoin halving, I would have loved to know how you did your analysis and came up with this conclusion. Know  that whatever you've seen from speculators regarding what will possibly play out after the halving is mere speculation that's just a function of historical precedence that may or may not happen exactly the way it played out in the past or the way it's thought of to possibly play ouy in the this year. Bitcoin may go up all high earlier than expected or might stay longer before it gets bullish but regardless of what's the case at the end of th day, what's even more important is than you're able to leverage on this correction we've witnessed and that you're able to buy during this dip rather than selling due to fear or just investing a small amount and then you have to wait till it gets bullish and you just sell out your small amount of bitcoin.

yeah, every DIP and corrections are opportunity to buy more Bitcoin with lesser amount of fiat and that's the right mentality you've got to always work with. Whatever happens to the price of Bitcoin at your accumilation stage is to your advantage and for you, it should be more about leveraging more on the DIP rather than waiting for a bull that doesn't have anything to do with you since you don't have any plans of selling at the moment.

But still is better to get to a certain point in your accummulation where you have gotten yah self a good Bitcoin stashes, before thinking of withdrawing from your investment. So if you have gotten so such point you may decide to withdraw anytime, because at then you may already be in good profit depending on your bitcoin accummulation, for instance those that started accumulating bitcoin 4 years back may have gotten he or her self some nice quantities depending on his accummulating rate , let's me say at that time Bitcoin was around $10k and an individual kept on using DCA to purchase Bitcoin till  now , and Bitcoin has been growing through those years and Bitcoin even created a new ATH (that's going to beat soon). So if that individual has gotten himself a pretty good stash doing those years, taken some profits now won't be any issue because you have already be in a great profit due to yah long-term accumulation and holding.

And they can already get good figures with that so for sure that there would be no question attached if they would able to secure their profits at that time since this is what really targeting to get a profit from our long term investment. Maybe there are other people don't know how to figure out something especially if certain positive situation came out on their side and they confused about next action to do. So I guess its more better to stick with their plan set if they able to think about selling it on 4 years span then their target reached then do it and don't listen to other peoples opinion since your convenience will matter the most here. What's important is you continue to invest for long term and try your luck for another 4 or more years cycle again.

Sure, a lot of people make mistakes at various times because they might be investing beyond their discretionary income, so then they may well get frustrated when the BTC price drops because they were hoping it to go up so that they could scalp off some profits.. which surely some times those techniques can work in favor of the person who is gambling, but surely it does not seem to be a good way to approach such a volatile asset like bitcoin tends to be.

By the way, it is true that trading works way better with volatile assets rather than non-volatile assets, so if you know what you are doing, then surely, there is way more potential to make money in BTC because of its close to inevitable volatility..

One of the problems that I frequently attempt to point out is that bitcoin is amongst the best of assets known to mankind (even currently as I type this post), so there does seem to be some silliness in screwing around with trading it, even though there could be some smart ways to engage in some variations of trading it - though surely it also seems like one of the wiser things would be to at least build up some kind of a decent holdings in it prior to fucking around with trading it and if anyone is trading it, then that trading portion of their BTC holdings may well be limited to only a small size of their BTC holdings, perhaps 10% or less unless the person has special skills for trading, which most people do not, even skilled traders might have troubles in actually making trades with BTC that are more profitable than a mere buy, hold and accumulating of BTC strategy.


Since you seem to be so excited about "collecting assets," you may well be too involved in shitcoins.

For example, we can look at your forum registration date, and then we can see that if you had been investing $100 per week into bitcoin since your forum registration date, you would have had invested right around $44.2k, and you would have accumulated right around 17 BTC (https://dcabtc.com?sd=2015-11-13&sda=custom&f=weekly&d=9_years&ac=10000&c=true), so that would not be a bad place to be.

Has whatever "collection of assets" approach that you have been employing paid off better than a strategy that somewhat strictly attempts to stay focused on BTC accumulation?  Of course, your numbers might be different in terms of the amount that you might have had invested over the last 8.5 years-ish.

And, I am not necessarily saying that guys need to completely stay away from shitcoins, especially if they either have irresistible urges to gamble or they might have some curiosities about shitcoins, yet most likely it would be better to limit the amount of your involvement in shitcoins to less than 10% the size of your BTC investment - and yeah, I understand compulsive gamblers have difficulties limiting themselves, so that is on you if you are either not able to limit your gambling or if you might not have some prudent ways of involving yourself in assets that are likely both inferior to bitcoin but also really likely to be quite correlated with bitcoin, anyhow.. (meaning that the assets you are collecting - if they are shitcoins - may well depend on bitcoin performing well in order for them to hold their value and/or to otherwise perform well).


You might be correct I_Anime, yet we cannot necessarily assume that folks were able to figure out that they should mostly be focusing on accumulating bitcoin, especially since OrangeII is talking about "collecting assets" as if that might be a reasonable (or profitable) strategy.. it is like he is saying that he has ongoing inclinations to diversify with shitcoins.  

So, yeah, even though it appears that OrangeII has been registered on the forum for around 8.5 years, for some reason he still considers some kind of value in fucking around with other "assets," and maybe even if there might be some personal preferences in that regard, yet the fact that he is sharing it as if it were something that others might want to do, causes me to consider that he may well be too distracted into various shitcoins, and surely there could be some ways that the investment portfolios of guys might perform better with some various shitcoins contained therein, I would suggest that the likelihood of outperforming a more strictly focused BTC strategy would be that great, which is part of the reason that I pointed out how many BTC OrangeII could have had accumulated over the last 8.5 years if he had employed some kind of a BTC accumulation strategy that involved DCA.. and sure it is possible that whatever he did over the last 8.5 years might have performed equal or better to such a strict BTC DCA strategy, yet I have my doubts that even if he did similar or better that whatever he did is something that would be replicable and/or recommended for any normies currently coming into bitcoin (or who might be in their earliest of times in the their BTC accumulation and/or building stages).

One more point in regards to your suggestion that some guys might be in an o.k position to start to shave off some of their BTC profits after merely 4 years accumulating, I am not sure if that would be generally an expectation with such a short timeline unless they were able to front-load their investment somewhat with various combinations of lump sum investing, buying on dips and/or DCA, and sure there could be scenarios that guys have put themselves into a strong position to be able to start shaving off BTC in around 4 years, I really have my doubts, especially since presumptively there would be several buys in there that would have not even run 4 years, and so sure some of the buys were further back and at lower prices and other buys might have been at higher prices, so the set there may well ONLY be some special circumstances in which bitcoin accumulators are able to get to a position of being able to start to sell BTC after only being in BTC for 4 ish years... but yeah, your overall sense seems to be correct about the longer that a person has been in the market (meaning been in BTC) then the more likely that he is going to have more prudent BTC portfolio management options that also might include some abilities to sell some of his BTC.

the truth is that a lot of people that are currently frustrated about Bitcoin not reaching there expectations fast enough even after it just halved falls under this category of people that invested above there discretional income hoping to get immediate profit when Bitcoin experience a bull thereby making them to give Bitcoin a timeframe to get to a certain price based on whatever is going on in terms of speculation around the media as a backup to making there short termed buys. As a matter of fact, I trader friend bought some meme coin a week to the halving, to be precise, he bought pepe coin with all his money hoping he will hold it till the 20th of the month and then take out his profit, event playes out that was damn demanding and he hard no choice than selling it on a 7% loss. Although the amount he lost isn't much and that the risk is much when you're investing into meme coin, even if he hard invested into Bitcoin without making adequate plans for his emergency funds and also ensuring he only invest an amount that doesn't inconvenience him in times of emergency,  he would have still faced similar fate.

At the end of the day, it doesn't matter if by virtue of your financial strength you're able to DCA at $50 per week or $100 per week, as long as you're able to do it  consistently over a good length of time without being all tensed up about price movement, it's even better off that way.  The best strategy is to set out modalities in place that will encourage long term accumilation over imidiate short termed profit that's in reality always going to be too minimal to even be looked at as a good proceeds gotten from investing into one of the most viable investible assets in the world at the moment.


although I have seen some incredible traders who seems to be doing well for themselves in Thier trading, looking at the loses and level of uncertainties involved in trading coupled with the fact that as a new person that haven't built up my portfolio into something that's worth risking a portion of it, it's deficult or almost impossible to even look at it as an option. It kind of give this gambling vibes and requires an high level of concentration and discipline that I doubt an average novice would be able to handle and that's why investing for the long term is always going to be a profered option and knowing that investing using the DCA methord doesn't in any way prevent you from doing your regular jobs or stop you from being productive at work, it just encourage you saving habit and everytime you look at your portfolio to know that you've grown from a $10 initials into building above $500 within few months of stacking, it can't get more fulfilling that this.

Proper buying time is when market goes to correction mood. Or after end of bull runs, you can check market was down for long. That was the time for investment and pick your Listed altcoins. Even in 2023, we also have opportunity to buy with lower price. But in 2024, everything is already overpriced. So buy is risky. But if someone didn't buy anything yet, then Market correction could an opportunity for investment. As like yesterday when market was down. But don't sell if you are holding btc ether or others potential altcoins. Cause these coins are doing be huge in upcoming days

Well as for me I don't think there is any time that is not proper to make an investment in bitcoin .even if there is an upward trend it all depends on the method u are using in accumulating btc.if u are doing DCA invest you will not be looking at upward and downward trend rather the crucial thing is the amount of bitcoin you have and your ability to hold it for a longer duration.

Just on some other thread someone was angry about the fact that they said its better to invest with money that you can afford to lose or disposable income and this also came to heart, it's possible that must people that invest more than their disposable income normally have some high hopes for bitcoin and just invest some huge amount and they are not even ready for the reality that bitcoin is volatile and can also go low.

I believe that this advice is good to let people know that they is possibility to encounter loss in your bitcoin investment and its good to invest with what you may feel okay to lose, and moreover your investing long term that means you have enough time to accumulate bitcoin and using DCA you can just set an amount to invest on a regular basis.

So what if after you make a purchase the market corrects deeper. If you believe that when the market correction occurs, it will be the lowest point of prices in a period, then make as many purchases as possible because this principle will benefit you in the future.
You need to carry out fundamental analysis before making a purchase to provide a strong basis for making investment decisions. If you want to invest, buy Bitcoin because it has strong fundamentals, a long-term strategy can give you comfort because Bitcoin has the largest market capitalization.

You have a very wrong perspective relating to bitcoin and I think that's because you mess around with shitcoins too much, every time is a good time to buy bitcoin irrespective of the price or market condition, the question I should be asking you is what is your plan or what level have you gotten to in your bitcoin investment?, if you are just starting out buying bitcoin then you should be more concerned about accumulating enough bitcoin to be ready for price increase and yeah most folks have already been into bitcoin for long and already have a sizable investment for more than 5 years now and if they want to sell that's fine but that should be the though of someone who has had enough bitcoin.

I smell a lot of shitcoinery here,

I Really still hate the fact that you place bitcoin and other shitcoins I like terms as tho the factors I should co sider with bitcoin and those altcoins are the same, you just kept on mentioning how risky it is to buy now the price is up as tho bitcoin is some kind of ponzi meme coin that people should be scared off when considering to invest in bitcoin, do you mean that if anyone didn't buy last year its too late for him to buy?, I guess not cause what matters if for then to get the fuck started with accumulating bitcoin and consider holding for long term so they can have enough time to build a sizable stash in bitcoin investment.

The period of market correction can be short or long. In between, increase the size of your stacks and have the determination to hold on. I think you're talking about the BTC bull run - if so I'd say the last ATH we saw before the halving wasn't bullish at all or I can't find any additional price difference. You don't have to wait long for a bull run as you can already observe the market levels. So you must keep BTC as a better investment way- before bull run. In investment, you have to accept risk and make investment decisions and your buying will not always be in dips, so it is better to choose holding in case of timely decision.

Mate, when it comes to Bitcoin which I believe is the concepts of thread any time you buy is a proper time more especially if you are still new in the market the first best time to buy was yesterday and the second best time to buy is today and procrastinating to ever buy tomorrow is an uncertainty, your most concern will be sizing every opportunities that shows it self in the market in order to have a sizeable worth of Bitcoin up to a reasonable amount and hold as long as possibly achieving your investment goals and objectives with dca strategy you make purchases irrespective of the price point either weekly or monthly according to your financial situation, while you make other plans too for buying when there is a correction or during bearish season, yeah buying when price are lower compared to it's previous high gives the opportunity of buying more Bitcoin at lesser amount compared to it's previous high. Talking about other coins in your naratives in this thread is off topic but as JayjuanGee Will always advice that we shouldn't do more than 10% of our Bitcoin investment in other coins, Bitcoin is the only potential coin such that other coins performance solely depends on Bitcoin, Bitcoin is the only reliable coin with a solid foundation.

                                 https://talkimg.com/images/2024/05/02/rk76z.jpeg

We can really tell that Bitcoin would really be the main trend setter in overall crypto space on which on the time that it would be going down then it would really be dragging all of those coins
that we do have in the market or speaking about alts but we know that there are projects or coins that could go into the opposite direction no matter on what would be the current price condition or trend with Bitcoin but when it comes to numbers then it would really be that few but of course knowing on which project it would be then it cant be determined.

We do have;
1.Altcoin season
2.Memecoin season
3.Bitcoin Season
Or whatever we would really be calling about it.

Important thing on here is that whatever the coins that you've been holding. You should really know on when to sell and on when yo buy more.

Not yet overpriced for this year.

The bull run is set to come starting this year but it may peak on next year. And that's why those that haven't bought yet, still have got a lot of time to accumulate.

Not everything is too expensive already but if you do your chart analysis, you'll see that there's still a lot of coins that are down and even Bitcoin, it's down from the sudden ATH that we've seen prehalving.

We are not in an "anything" thread.

We are in the bitcoin section of the forum.. so why try to suggest that the strategies would be the same for any of them.. to be suggesting that you would treat bitcoin the same as a shitcoin or as a meme coin.

The fact of the matter is that bitcoin is the only of the group that should be considered a long term investment... the others are pump and dumps, which means in and out strategies..

Yeah, some folks try to act as if you could apply the same strategies to shitcoins as you could apply to bitcoin, but that seems pure dumb, and you are promoting such pure dumb within this bitcoin thread.  Are you not?


The correction of the last few days surely should have helped to inspire some confidence to newbies into bitcoin in regards to continuing to employ a DCA strategy and/or perhaps buying BTC on dips and/or lump sum investing into BTC too.. Even though surely we can never really know how low the dips will go and/or how long they will last.


I am not sure if that is a good way to talk about the timing of the cycles, since you seem to be talking as if the cycles are guaranteed or if they have to follow the same pattern as they have in the past, even though surely I do tend to be a fan of they cycles and also we really have no reason to be getting bearish in regards to the mere fact that we are around 7 weeks into a correction off of our most recent ATH of $73,794.. which surely we had gotten down to nearly 23.5%x, and currently as I type this post we are bouncing around 20% below that ATH price, which surely is not really very much out of any kind of normal behaviors in which the correction could go lower, or it could be over.. I am not going to claim to know those kinds of things, yet it still would seem that anyone who is feeling like a low coiner who has not accumulated enough BTC, I see no reason to be waiting for lower prices, but I would have said the same thing 7 weeks ago.. so yeah, there is a bit of a need to buy BTC if you don't have enough, and if prices are 20% lower than what they had gotten to in recent times, then that should seem reasonably fair to engage in some kind of BTC accumulation. 


Well.. no matter what when people have not bought yet, then they need to buy at any price, otherwise they are not prepared for UP.  Currently, since we are in a 20% price cut, there might be more of a dilemma for those who hav e already been buying to figure out if they should buy some more or not.  I never suggest waiting for those who are brand new to bitcoin, even though it is likely true that the more that the BTC price is running, the more that a newbie might feel more comfortable to start out more slowly and to save some of the more aggressive DCA for buying on dips... so it can be difficult to know where the BTC price is at, especially if we look from October to now and we see a price rise of $25k-ish to our current price, and so there could be some hesitation from newbies in terms of getting started that may well not be warranted. and so they will end up having to blame themselves if they choose to wait rather than getting started..


Yeah, but fuck chart analysis and other coins.. who cares about that nonsense?  Figuring out to buy BTC needs to focus on BTC rather than getting distracted into shitcoins, and I doubt that even very much chart analysis is necessary in bitcoin. Sure get started, and maybe start out a bit light while getting used to building a bitcoin position, but even starting light might be a bit of a problem, yet individuals should be attempting to figure out their own individual factors (which I label as 9 factors (https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590)), whether they are brand new to bitcoin or if they might have ONLY been in bitcoin for a short period of time.

Yeah, we can keep accumulating, but your pointing your idea to be limiting within this bull run to utilize any profits made. Newbies Coming into the market shouldn't accumulate in order to sell, but hold. Not being clueless about the benefits of holding, like for me am still in my early phase of accumulation,am not selling but am accumulating more applying DCA approach following through with ideas shared in this thread. The time of the pump isn't predictable as price can still dip more or do whatever, the consideration is us relating to how far we have gone in our Bitcoin phase.

You can buy as much BTC as you want without waiting for the bull run and it will inevitably happen what you are looking for. Your success in extending the long waiting period above deposit method - long term investment. Along with the recommendation to increase the size of your pile, it is maintained and uninterrupted. If you are accumulating BTC by following DCA method it is recommended to increase as it is now sitting 20% below the last ATH though it may drop further so you should be aggressive in accumulating. Here if time gap and accumulation strategy can cross the stable level then it is better to be focused enough to continuously raise the level of DCA strategy.

Currently as it stand now it's a time to invest and accumulate as many BTC as you many wait for time like this but those who know much about the market can enter at anytime to make their investment of buying waiting for a dip, but as beginner this the best opportunity one can get to accumulate.

Knowledge on BTC help allot even at the point where you think is not right time to those that know better the market still buy as they already know there profit at that point of buying there is no amount of BTC one buy at any given time and hold for Long time without a huge Gain at the end if the process.

This advice is not only useful for volatile assets like bitcoin but also for all other investments because everything has risk and we should not be too subjective. But honestly, I don't think many people would follow this advice even though they already know it by heart. Because everyone wants high returns and everyone wants to get rich quickly, I guess most people are still investing money they can't afford to lose.

Additionally, it is true that bitcoin is high risk due to its volatility, but I believe that as long as they are not investing with borrowed money, and can hold for the long term, taking on a little more risk is not is a very worrying thing. The most worrying thing is that many people are investing blindly with borrowed money, because in the long run bitcoin will definitely increase in price but no one knows exactly when.

The main reason for hodling is to sell later on , it is not possible to hodl bitcoin forever. The easiest way to get enough bitcoin for hoding is to buy accumulating it.  Buying bitcoin is small segment from time to time is just a good way of not missing to take part in the bull run. The phase we have gotten to in the market it is not late to buy bitcoin ,  buying now is still good opportunity to accumulate bitcoin against the bull run that is coming up. This is a time to continue hodling because their will be massive profit in the bull market that is coming up, for those who just started accumulating bitcoin not long ago just keep hodling and you will surely benefit from hoding your bitcoin.

Yeah in as much buying when price is lower compared to it previous high can be very good as it gives investors the opportunity of buying more Bitcoin in a lower price compared to it previous high, buying at a peak price doesn't make much of the difference either if the plan is to hold for longer period of time. However, as a biginner you don't have much business with the price point but your most concern should be sizing every opportunities of buying Bitcoin in order to have a sizeable worth of Bitcoin up to a reasonable amount irrespective of the price point whether the price is low or high with your consistent dca strategy you wil always be there in the market irrespective of the price by making purchases on different intervals either weekly or monthly according to your financial situation. As a biginner there is no way  you can work your way up without getting fucking started,

There is no way one can determine profits just at the point of buying, and what put you in having a huge profits is the amount of Bitcoin you where able to have and how long you were also able to hold, you must have a sizeable worth of Bitcoin up to a reasonable amount and hold for longer period of time before expecting a huge profits , what am saying is that profits are calculated based on the amount of Bitcoin you have and how long you hold your Bitcoin.

You are talking like a trader rather than an investor.

You are talking like you are looking to get more dollars in the short term.

Technically you are correct that you hold in order to be able to sell at a higher price, so you want your holdings to be in profits, but you also likely can appreciate the power that come from having options, so you may well not need to sell much if any of your BTC in order to still get the advantages of having had built up your BTC stack size.


This part is true.


You still are talking as if you are just wanting to benefit in the short term in this particular bull run that you anticipate to be upcoming.... so then what are planning to do in the next 6-18 months?  Will you be selling on the way up?  assuming that we might be going up in the next 6-18 months.

when I make my research on Bitcoin I find out that people that invested in Bitcoin the time the price was low did not invest in Bitcoin having the man say to that the price will enter to bullish market the invested on it because they have a target and after the price of Bitcoin started increasing in market so they made them different profit for the investment so that is how I supposed to be when you are investing in Bitcoin do not feel bad or they not feel bias make sure that you invest on it with your target and you will make it

If that target is short term then you are not investing but rather gambling, it's a gamble to come into bitcoin with the notion that the price is low now and I'll cash out when the price comes up, how are you sure that they would be any increase, that price you bought could well dip even further, the truth is bitcoin remains unpredictable and its best approached that way, since we know this we approach with a better way that has been tested by history which is the long term approach that is more guaranteed to give returns without risk of volatility, bitcoin is still an early asset and we can also view it as an asset that is still growing, so it's better to approach it with a mindset that I need to accumulate a good amount of bitcoin and let some time pass over it and if it does well or they is price increase after that time then you can now think of selling.

Think of those that started bitcoin 5 years ago and have been DCAING since then, right now their portfolio would be green with lots of profits from the past, although they isn't any guarantee that past performance would repeat, it still has a better odd of happening than not to.

who is investing in Bitcoin should know that the increase in Bitcoin is when the investors make their own profit and if you don't take time very well you might invest in wrong time so investing in Bitcoin have two type long time investment and the short time investment so this kind of investment is what is involved it is neither you choose one to invest and relax if you choose a long-term investment you will relax if you choose a shorten investment you will continue to be bothered and also monitor your investment

When is the wrong time Mate? The long term investment approach is what we are discussing in this thread. That saves you from unnecessary worries , as you continue DCAing, sticking to your investment plans on how you go about accumulating more bitcoin. You don't just relax after purchasing, you keep building more though not overriding it but ensuring you are making head way in it. And your main focus should be Bitcoin not shitcoins overtime you enjoy your dividend as it a valuable asset not a Tradable coin.

As JJG would always say; Accumulate the fuck out of Bitcoin.

Lower highs and lower lows means a negative trend in place right now.   Check whether we can exceed 63k or are held back by a ceiling that will lead lower or not.

https://www.talkimg.com/images/2024/05/04/rJkMZ.png

Daily bars with 50 day moving average in blue.
Thats my rough sketch, if we can break the back of this downtrend then expect todays 6% rise to be matched similarly in future.  Ideally we need to confirm this first for best confidence.  Until we are above the blue line and also its rising again I dont have full confidence in the moves that appear, alot of fake outs can appear that will not last.

And with the dip yesterday, whoever bought from there have probably are celebrating right now.

You're right and that makes sense, I talk as if I am giving some assurance that by next year is going to be the peak and only basing on the cycles. Someone who haven't experienced any peak from the market or bull run might believe on that one. But I think that's what might and it's best to not assume a lot to the market or just take these words as encouragement for hodling.

They might feel that the current prices are up when they don't see some dips on it. But it's true that if they want to listen to our advises, they should buy whenever they're comfortable and if they have the money ready to buy bitcoin at anytime they wish to.

With what I mean by that, looking at the line on the chart when it's quite down based on this month then you'd surely like to buy it. But I am understanding you, there's not that much to look at any analysis but yeah if you want to buy, just do it and no need to cross our fingers as well.  :D

A lot of squigglies. not sure if they mean much of anything.. and yeah of course, we had a correction and we have been a little more than 7 weeks into the correction, and we are going into a weekend.. when volumes tend to be a bit lower. .but still I cannot see this as any point in which it is make or break in either direction..

Well if the dip continues, it would be good for those that are already prepared to had some cash somewhere that they wanted to put in bitcoin, i believe that this might be the last buying opportunity in the bull run and it should serve as a means for us to take advantage of it especially those in their accumulation stage. I'm not really a technical guy or chart reader but I believe Waiting any longer for more price decrease or expecting lower price than what we are seen now may never come and I wouldn't be surprised when people cry in regret that they failed to take advantage of this price and it even possible for this to be the last time we would ever see bitcoin below 60k, who can tell where the bull run would land us or what awaits bitcoin in the future.

I disagree with you on this, it is your size of Bitcoin and how long you hold that determines the level of your profits, there is no way you can have a smaller quantity of Bitcoin and hold for long and expect a huge profit, you can only expect a huge profit if the size of your Bitcoin is huge after a long time of holding.

What you say is not wrong, but to better understand this when you want to give advice to other people, it would be a good idea for you to also make an analogy with the amount of capital so that it will be easier to understand because when someone's amount of capital is large enough, Of course he can also buy Bitcoin in larger quantities so it would be quite logical to expect greater profits when he holds Bitcoin for a long period. But the essence of what you are saying is also quite clear, even though people who owned 1 Bitcoin at the beginning of last year (2023) will also feel rich when they see the price of Bitcoin in April 2024.

This gears down to individual perspective and how far he wants to invest. Just like someone who start out with little or no bar of gold but with consistency, pursuit with a good plan achieves his aim of having 20 gold bars.
Likewise in Bitcoin, we know that the greater amount of investment the larger the profits as you can't compare one with little investment capital to the later. An investor with a startup of $20k DCAing weekly will be fast in accumulating than another with $500.
So one with little can still build, depending on his hunger and quest.

I believe you understand that the reason for his statement is because of the phrase that no matter the amount of Bitcoin you buy you will always be in profit. it's a wrong reasoning that needs to be corrected and its only right to let him know the truth so he doesn't end up buying only $100 worth of Bitcoin and expect to get a huge profit in the next 20 years or so and still think that he will be in profit.

Profit has always been a function of the quantity you've accumulated as opposed to how long a time you've left off your holding. Maybe what's possibly confusing him is the knowledge that there was once upon a time when a whole Bitcoin was at the rate of a dollar and if you probably invested just a single dollar at the time, you should have made at least $65k as profit and you do your maths going forward thinking it might possibly get to that level before a certain timeframe.  Now the truth is that before such kind of scenario plays out that you can invest like $1 amd expect that kind of profit in the future, bitcoin will have to get to at least $4.2m and while we're being positive that Bitcoin will become a very valuable asset to hold even a fraction of it in the future, it will take time and a whole lot of event to know if such a huge figure will be possible and even if it will be possible, we can't really tell the time it will take before it possibly happen.

To avoid waiting too long and assuming some complex kind of situation like investing little and hoping to get too much in the future, it's best you just buy  as much as you can within your level of financial reach and get a good chunk of it such that in the next 20 years, if bitcoin gets to $300k or even $500k,  having a good stack of it will still do you real good in placing you in real profit.

I will advice not to invest on any random coins you see because is very risky there's a high possibility of you losing your money.

The only coin I will advise you to invest and hold for long term is Bitcoin.
If you are talking about holding shitcoins for long term then you need to be very careful.
Bitcoin is the biggest cryptocurrency in the world right now and it will keep growing bigger and better, you can hold 90% of Bitcoin and maybe hold 10% of shitcoins.

But the must important coin you should put your energy on is Bitcoin, is a good future life investment not all this shitcoins.

Holding shitcoins is of no gain because it will go down to zero so why investing on them.
A centralized shitcoin that has no name should not be giving any credit at all, I will advise you to make research about Bitcoin and see for yourself.

Your narration sounds more to me like trading and it can be misleading just more like gambling. I believe what we are discussing in this thread is buying and hodling for a longtime. Bitcoin investment is best for a long term hodling your potential coin for a period of 4-10 years. Bitcoin investment is always for the future and not for a short term because it is same thing as trading, that's why it is always good to have a reserve fund Incase there is any emergency one won't temper with his or her hodling you can also decide to buy your Bitcoin regularly either weekly or monthly using the DCA strategy so to help you gradually grow your Bitcoin portfolio maybe you do this regularly for four to five years and above.

There are traders who invest in bitcoins for short term and they will always take profit once the bitcoin price reaches above their buying price. These traders are not only retail traders but also there can be traders with big volumes that can have a significant impact on the market.

So instead of seeing the pump and dump of the market, one should know why they have invested in bitcoins. Whether it is for the long or short term and trade / invest in bitcoins according to their own plan. Without the plan, one will only get panic and sell his coins at a loss.

The Bitcoin market is uncertain so no one knows which way the Bitcoin price will move.  But everyone buys high and buys low in the greed of profit, especially in the deep market, those who are patient in buying bitcoins are the only ones who can reap the benefits.  But those who buy bitcoins at higher prices are not able to reap the benefits.  Of course I think it is possible to make a profit from Bitcoin, because those who bought Bitcoin at the highest price in 2021 must have kept the profit and invested it in 2024. Only need to change the investment condition where you had short term investment you keep long term investment, of course it is easy to get benefit from Bitcoin but all investment needs to be patient. 
Investors who lack patience are the ones who mainly face losses, patience is the biggest tool when it comes to investing in Bitcoin.

Even those that bought in high price can still be in profit if only they can hodl as longer time as possible as possibly as experiencing several circles where there investment can experience the compounded value over periods of time thou there is no guarantee but historically Bitcoin has been making a new ATH whenever it is completing a circle, so buying at a higher price is not bad if only your intentions is to hodl for long time perhaps what you may even consider to be a high price today may also be seen as a dip or low price tomorrow because Bitcoin is still a growing asset.

First of all, their is no wrong time when investing in Bitcoin, because we are still in it early days, and as such now is the best time to buy as long as you are a long term holder, so as an investor, if you can accumulate Bitcoin in good quantity now, I believe that in five to ten years time you're will definitely be in a good profit.

Secondly, I don't actually think their is anything as short term investor when it comes to Bitcoin investment, it's either you are a trader or you are those sets of people that buy and sell at any point once it appreciate in price, so I would advice that if as an investor that really want to build a generational wealth, you have to invest with the intention of holding for like five to ten year time, in other to reap the full dividend of your investment

For sure, it takes fewer and fewer bitcoin in order to have a significant amount.. so in my fuck you status chart (https://bitcointalk.org/index.php?topic=5376945.msg58719591#msg58719591), you can see that in order to reach fuck you status, the quantity of bitcoin in order to reach entry-level fuck you status has been going way down from how many coins were needed in earlier years.


Part of the problem for folks who might choose not to buy, even when the BTC price is at a seemingly high place, is that they cannot know that the BTC price is going to either stay flat or to correct back down from the seemingly high priced place in which they consider entering the market.  So, in that sense, the only way to prepare for further up is to buy some... and so if there might be some concerned about the price being high, then maybe there would be some reservations in regards to how much bitcoin would be bought at such seemingly higher prices.

No one is really going to know the answer, even though it may well start to seem as if some price levels are less sustainable than others, someone with no coin or low coins might still consider some advantages in buying those seemingly higher prices while another person who might have come close to reaching his accumulation level or has reached his accumulation level or has exceeded his accumulation level, might feel some justification in waiting rather than buying (which could translate into keeping the extra value in cash or perhaps putting the value in some other asset).

Majority of the forks has failed to recognize or being familiar with the idealogy and potentials of the dca strategy which gives an investor the right privilege of making purchases even at the peak price by buying Bitcoin in different prices point of different intervals which by so doing averaging out their share losses,  volatility has been a Bitcoin factor of functionality such that when it goes up it comes down too, so instead of waiting for a lower price of which no one knows how much of the lower or higher is going to become, the dca strategy makes it easier especially for a no or low coiner to be on time in the market without timing the market and accumulate as much Bitcoin as possible. Getting fucking started is very paramount and see how you can work your way up which is one very thing that most forks failed to recognize.

Yeah that's where most people do get it wrong, what's the reason of DCAing to accumulate at any given price interval either when it's high or low, like for instance when Bitcoin newly hit the price range of $10k back then alot of folks believe they bought Bitcoin late that it has already gotten to its peak then , and due to that alot of folks sold theirs with the mindset that they bought Bitcoin at a high price and they won't make more profit, but now look at Bitcoin now range of $64k you can see the distance. That those folks that sold theirs or didn't accumulate at all due to the mindset that the price to high would have been in good profit now .

So we shouldn't be bother if the price is high or low, when accumulating all that matters is the number of Bitcoin stashes in our portfolio. Like I usually say in this upcoming bullrun $100k won't be the peak at all because Bitcoin is going to surge beyond that, the reason Bitcoin delaying recently it's gathering more strength to shoot , because once beat the price range of $90k the next stop might be in the range of $200k and above but know one actually can tell but we shouldn't miss such golden opportunity in investing in Bitcoin.

Haha, it seems like a chicken crying before getting roasted, the simplest answer is to buy in the accumulation zone + Deep Bear Zone and sell in the Bull mode distribution zone and these are terms holding every information you need to know.

TBH, if you were talking about the current situation last week was a good opportunity or I can say was the one of last opportunities to jump into not market in most cheapest market race, and the figures prove that it was the last one, 47k Bitcoins accumulation in 36 Hours source is not authentic but still if this rumor posses even 30% of legitimacy that's huge.

That sounds like a trader speaking, and we should not presume that people who buy bitcoin are traders.

There are a lot of us why specifically recommend not to trade bitcoin, but instead to long term invest it, so in that sense, you do not have to focus much on selling it or when you sell it, until after you have accumulated enough and perhaps been in it for a long enough time.. so then the decisions about when and how to sell could well come later, even 10, 20 or 30 years after being in it...

Yet, of course, it would be difficult to suggest that anyone buying bitcoin for 10, 20 or 30 years not think about selling at all, since the selling kinds of considerations would likely have to do with the person's situation in terms of how aggressively or whimpily he might have been accumulating BTC in light of his own financial and/or psychological circumstances.


Surely there is nothing wrong with buying on dips, but a person who has a tight budget might not really be in a situation to change the amount of his weekly-ish investment into bitcoin, so he might well be buying at any price until he works up a bitcoin holding that he believes is enough or more than enough.

I have not yet seen anything about 47k BTC being accumulated, but yeah, surely in these times, it is may well be easier to NOT to be surprised various kinds of ongoing buying pressures.

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

I agree with you on this, because some investors can only afford a particular amount as their discretionary income which that is the amount that they can only continue using to purchase bitcoin regularly, and when there is a dip, they only wish that they had more to buy at the dip, but nothing changes as their regular DCA is ongoing.

DCA is good, but if one is in the position of mixing it with buying at the dip, he will achieve a better result compare to doing strictly DCA, but it is not everyone that is at the position to do so, and that is why one needs to look for a means in order to increase his income so that he can be capable of taking advantage of the dip when it comes. People that have jobs, and don't have a means of increasing their income can save some extra funds that comes in that is not part of their salary, funds like bonus or traveling allowance and so on. This will help to buy extra during the dip.

Hmm, JJG I was expecting haha if you are active I'll get this reply, anyway, it has been a long time since you've made a quote on my post, cutting the story to a focus point, yup my response was from a trader's perspective as I do acknowledge that 70% of newbies and investors enter as a short term trader they don't care about the Bitcoin's potential and returns in even a time frame of 5 years to 10 years. We can roughly find 5 out of 100 people who are serious about the long-term accumulation as you are saying, for the rest of 95 they are just trying their luck without even realizing the facts and figures.


Well I can add the reference but I know it's not worth it, any still here the references I've not gone through the entire blog just scanned it with the headline “Bitcoin whales accumulated 47,000 $BTC in the past 24 hours. We’re entering a new era.” (https://cointelegraph.com/news/new-era-bitcoin-whales-47-000-btc-price-pullback)

It happened to me recently. I bought bitcoin of 0.002335 with the some of $115 from someone and the price nod bitcoin was $63,248 and immediately i bought the coins, the price drastically reduced to $55,900 and I bought it for Short before so i have to change the short term to long term so if you are buying bitcoin, you have to put at the back of your mind that bitcoin is not a stable coin and it volatile in nature. And if you panic and sell at that time then bitcoin come up again then you will be at the losing side of the investment. Therefore whenever you are investing, you have to think of the risk management. Those who are buying with DCA also plan for long term and not for short term. And don't do panic selling and sell at the time when you have enough profit.

I got so interested in the part you said that every dip is one good opportunity to buy more. Buying the dip can be important not minding the buying strategy an investor adopts. During the market peak one should be buying, even when it is in between and also the dips. This theory explains that investment should be made consistently at every price through a well structure pattern until the goal is met. Buying the dip is a form of aggressive buying when your dcaing, and it implies when an investor has extra funds that won't affect his dca.

Consistence in buying is very important no matter the market conditions, that is the fastest way to reach a goal instead of trying to time the market.

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

There is a word in trading platforms that if we cannot win by buying then it is difficult to win by selling. Although this theory does not work in all cases because if someone buys Bitcoin at a high price and holds it for a long time, then he will definitely get a high return, but if not then the profit will be less. ‍Some investors, they buy when the value of a coin goes up and sell when it goes down due to this policy they are exposed to certain losses. An investor must do the right thing at the right time. Otherwise he will never reach his goal. To observe the market situation well and take the right action at the right time. Taking every dip as an opportunity to buy will increase your chances of profit.

Even if a newbie increases his income, the problem of buying right away (in a DCA) versus holding some value in reserves for buying on dips is not automatically resolved merely because of such increased income, and it seems that the problem of having money to buy dips is more likely to be resolved by feeling like you have already been accumulating enough BTC and you are able to hold some extra money in reserves for buying on dips....

Another practice that would justify holding back money for buying on the dip would be if you might have already invested a large amount at any given price point (such as using a lump sum), and then therefore you might hold some money in reserves in order to buy the dip, but since you had already invested a decent amount, it is not like you are prejudiced by holding some value back for buying on the dip.

Part of the definition of discretionary income is having discretion regarding where to put that money as it comes in and if the discretionary income amount is increasing by either receiving greater income or cutting expenses, then there still will be decisions in regards to where to put such increased discretionary income amounts of money as it comes in and whether to keep some in reserves for buying BTC on dips or to just buy BTC in a way that is more or less as soon as the extra money comes available which would be considered to be within DCA practices.

I am not going to proclaim to know the answers to these questions because if someone does increase his discretionary income, he still is faced with needs to have to decide whether to buy BTC right away with that increased income or to hold some of that extra income back for buying on dips - not necessarily easy or obvious choices.. yet each of us are making these kinds of balances on a regular basis involving how much BTC we believe that we are ready, willing and able to accumulate and in which ways we are going to carry out such BTC accumulations as our income/expenses might change from time to time, the size of our investment into BTC would presumably be growing with the passage of time, but also the value of our BTC holdings will also be changing (including the price in which we are able to buy more of it, if that is what we want to do).


I doubt that your numbers for traders versus investors are correct with any level of precision (in other words you are making up numbers to make your claims sound good, even if your numbers might have some truth to them), yet even if we agree that a lot of people treat bitcoin as a trade rather than as an investment, I doubt that it is a good idea to promote such dumbness as if it is a good thing to do, especially since many of us already recognize and appreciate that bitcoin remains amongst the best, if not the best investment available to anyone on a world-wide basis, so if you happen to know that kind of information, then why would it be a good idea to encourage trading it (or gambling with it, rather than more sound practices), merely because potentially a lot of folks are doing that.  Pretty weak logic there Hamza2424.

Another thing, there may well be a lot of people who have little to no disposable income (and I agree that is the case), so those people who are using their money to buy bitcoin (when it is beyond their disposable income - because they need such money to live) are therefore gambling with their money rather than investing, and surely there could be ways that they could figure out ways to reduce the amount that they put into bitcoin in order to be able to hang onto it longer which would turn their buying of bitcoin into an investment rather than a trade.. rather than attempting to play the wave that is likely not going to get them anywhere in life.. ..  It is like playing the lottery.  Yes, I know a lot of people do it, but it is not a good place to put your money, so it does not make any sense to be promoting such systems - especially on an individual level, even though people seem to love to do it.

When they put the money that they need into bitcoin and hope to cash out with dollar profits within a cycle, they may well be attempting to play 1-2 years.. and yeah, maybe they will get lucky with that approach and maybe they won't.. and yeah.. maybe if there already exist ways that they are able to set aside that money for 1-2 years, then there would be possibilities for them to choose a different amount (perhaps a smaller amount), in order to set it aside longer, such as 4-10 years or longer, and 4 years is surely on the lower end that would ONLY apply to people with short timelines, and most people should be shooting for way longer than 4 years, otherwise they are still not really investing.

If they were to figure out what it means to invest, then they may be able to figure out how to do such a thing for 4-10 years or longer rather than 1-2 years or some other short timeline trying to play the wave.. ... but yeah it well still it probably would be better if they figured out an amount that they are able to put away for longer than 1-2 years and not worry about it for 4-10 years or longer.  There may well be some mindset involved in this rather than any kind of specific inabilities to develop better practices (even though yeah a lot of the world is desperate, yet they likely are not going to improve their situation by trading and gambling with bitcoin rather than figuring out some way to carry out investments, even if their investment amounts happen to not be a lot of money.. but still setting it aside for 4-10 years or longer.

And personally, you can do what you want, but I am not going to encourage trading/gambling rather than investing in bitcoin - even if perhaps a lot of people engage in such bad habits, as you proclaim.

So yeah, just because a lot of people trade and/or gamble with bitcoin and you seem to want to promote those ideas, that does not mean that it is good to promote such ideas as if they were the right thing to do.. You can do what you like, and I will continue to say that it is a bad idea to talk about bitcoin that way, even if a lot of people do it.

And this line of discussion reminds me of an earlier conversation that we had.  Weren't you the one who was trying to defend the idea to refer to bitcoin as crypto because a lot of people (everyone else) do(es) it?  That is dumb logic, and surely I could be getting you mixed up with someone else, but it seems that we had that kind of conversation in the past in which you were also using vague language such as crypto to also include bitcoin and suggesting that it is a good idea talk about bitcoin like that because everyone else does it..  

Poor you to have such lackenings in your abilities to focus.. and you are getting caught up in the fault of logic that involves what everyone else is doing to guide you in your own thinking and/or actions, again presuming that I am not mixing you up with another forum member.


It is good to provide sources for those kinds of assertions, and like you said, it might not be an accurate assessment, but at least if you show the source, then any of us would be able to look into it further.


You will likely do much better if you have some kind of a long term plan in regards to bitcoin, and sure if you cannot resist but to gamble and/or trade with you bitcoin, make sure that you are not gambling/trading with more than 10% of your bitcoin - while at the same time, don't be cheating by continuing to dip into your main stash of bitcoin when you are losing the 10% that you are fucking around with.  There are ways to discipline yourself with limits but also to potentially still gamble/trade within such limits.

In a few weeks especially after the halving began many people asked about why bitcoin went down after the halving and not even a few people who did panic sell and actually made them end up getting losses even though if we are talking for the long term and see from what has happened in the past year bitcoin has increased quite rapidly again actually when bitcoin undergoes corrections and fluctuates is a natural thing that is why we just need to enjoy the current process.

After bitcoin dropped to $58k some time ago I read a lot of people, especially beginners thinking about what the next action should be especially when the value in their portfolio shrinks even though their bitcon remains the same and now (today) we can see that bitcoin is increasing again so we must be able to conclude and should be able to be confident that no matter how bad it happens in the end the result is the same where bitcoin will continue to develop in a better direction going forward. So, for those who always panic when bitcoin corrects now you have to start understanding that long-term conditions are the most important so don't be too bothered by short-term corrections in the end if you really intend to really be in bitcoin .

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.