I BUY   I BUY   I BUY. As Grayscale keeps causing dips, I'm buying till I buy at the depth 😅 or I'm out of cash 💸 🤷‍♂️🙋‍♂️

This feel yummy 😋

As for me I don't want to know what I'd causing the dip, I'm just buying my bitcoin with DCA and a little lump sum, but I'm still waiting tho, cause I don't really know if we would have more dip or of the bear would come, so I won't be taking any aggressive action, but I'll continue with my DCA, besides whether I buy small or large quantities during the dip the major thing is I still bought with DCA.

What is a last dip. I don't really like to think like as tho there is a last or first in my bitcoin pursuit, I always feel approaching the market as tho something new could happen is the best, cause It help me to be prepared for anything since I'm not expecting anything, all I have are my income, emergency and reservations, strategies , my planned out senerios, and bitcoin price. That's all I see, I consider no other thing, cause we can't really have a sure prediction on bitcoin price or next movement.

Mostly weak holders would fall for this pre halving dip, I just feel its too tricky, cause why now, just after a little uptrend we start having a dip, and Grayscale just started dumping, I feel some really biggie woggle happening. But for me it's our advantage, nothing feels better than buying the dip 😋.

Everyone prepare for the bull 🥳🥳🥳

But with Grayscale dumping, we are expecting a pre halving dip event.

Can't wait to buy the DIP AND HODL 😋

I really find it hard how you to fail to understand simple English words, if I'm not mistaken I said if you must you can have only two altcoins to diversify. Now how is that contradictory, not every one would be okay with investing in only bitcoin, so what is bad about  been open minded for others.
And so far I've noticed you really don't have anything to say about how we can save ourselves from scam this year, find some other thread to engage in and shut 🤬


This is the thread your talking about right. I wrote this in my local language, if your from Nigeria you can interpret for others too, I said "I can't advice anyone to invest in only bitcoin,  but you can try to do your own research, infact if possible pick only two altcoins and invest in. But know that only bitcoin is fully guaranteed."

Now how is this contradictory.
Mr fundamental, I guess you need to get yourself some fundamental information before going around spoiling people's reputation in this forum and I think you have to recycle ♻️ your mindset. I'm not very good at English speaking thats why my post might seem a little inconsistent, but nobody but you complained and Instead of contributing or giving correct to a newbie, you felt like showing superiority. Show good examples, next time Mr don't know what the fuck to contribute 😠.
If anyone from Nigeria can also translate what I've said for everyone to see too.

I guess taking advantage would just be the best instead of worrying about what they are doing, dip buys rules 🥳🥳🥳

In your digist list, there are in my hate list. I just can't wait for a big dip, my emergency funds are inching for a dip buy, let them keep selling, you would soon hear all those regrets on social media soon.

I swear, every one who is prepared has nothing to fear, my reserve are full, we wait for the dip.
#BUY THE DIP AND HODL 😁😁

OP I'm glad you brought this up; I've been a victim of this several times, so I end up creating more threads than comments because I didn't know how to join in on another thread, which was mostly because I didn't understand much of what they were saying in those threads, and at times I didn't even know how to construct my words to match the quality I saw in those threads, so I mostly backed down.


What I did to begin overcoming my phobia was

👉play along
When I saw a post that I couldn't add to, I would ask questions and start a conversation based on my level of understanding, and most of the time, some seniors would respond and offer you answers that you could respond to and start flowing with.

👉I go to the beginning of the thread and start reading all the comments one by one 😁. I did this until I became familiar with the flow of the conversation and knew exactly what they were talking about. And when I make a comment after this, I agree with them.


And whenever I notice a thread that is above my level of knowledge, I do some research to better my understanding.

👉 Do not be afraid to attempt. I've made certain statements in the past that have resulted in abuse and stern correction from some seniors, but I continue to do my best to follow up and learn. I've been inconsistent in my responses and comments at times, but I got acquainted to it over time, and I'm still learning today.

Just try, bro. Not much. 👍

While we may well be aware of this, we can't always use the past to judge or anticipate the future and saying something as bold as 100% chance is as tho we are sure and can predict what would happen, over years now and under many circumstances bitcoin chart has behave in diverse manners that have shown unpredictability and as we may be hopefull about the halving event, we should also consider and prepare ourselves otherwise. If we become to bold about things and it doesn't go as planned expecially when you are expecting a bull and you invest all your funds since you are calculating a 100% chance and instead we have a continuous dip after the halving which may most likely or not happen, and then you are out of funds to take advantage of the dip because you must have invested all your funds with hope of a bear. Let's all try to be prepared for anything, since Grayscale started dumping, we really don't know what to expect and to remain uncertain is good for us, since we have the advantage to prepare for anything and can take advantage of any situation the market brings.

Grey scale massive selling could really cause a dip pre-halving event, i don't seem to understand why there are selling this much and what their plans are with doing this,

Yeah bro it's definitely buy the dip and hold, many folks have really hight expectations for a bull run and if this continues to happen we might end up with a bear market even if just for a few months or might not even happen, by now we all know that bitcoin has continued to tell us that it's unpredictable, things like 4 year theory and many other historical event can't be used to make much predictions again.

But in other not to speak as tho we are sure of a pre-halving dip, let's just be ready for anything, no need to wait for the dip, keep DCA going, and keep that emergency funds in Check cause it would really come in handy soon.



Yes discipline is good as an investor, but just decipline alone won't stop you from tampering with you'd investment, especially in cases where difficult situation arise, St at times you add left with no choice than to tamper with your holdings, so as much as character is good, having a solid foundation for your investment is also good, like having a good emergency funds built up and also planning out various senerios out so you wont end up I  panic from over expectations and sell your asset. And having multiple sources of income doesn't guarantee that you would DCA properly, cause if your expense are as high as your income you won't t still  be able to allocate any part of your income to bitcoin since a large chunk is going to expense and you won't even be able to save up your emergency funds. So instead of getting multiple jobs it's good to find means to chunk down your expenses and know your numbers properly, this way even with one income source you are well prepared to Carry on with your investment.

Can anyone really tell why Grayscale decides to sell its btc on coinbase instead of otc? And this excessive selling of spot on coinbase is actually damping the bull run power, I smell something fishy going on here

While it is very good to be optimistic about your expectations in investing in bitcoin, as a newbie it is also good to have in mind that anything can happen out their and the market remains unpredictable, yes we are expecting a bull run but its also possible (even not with the facts that are available to us like the halving theory and all that) that things could take side turn and the market goes bearish and if you are overly expecting to make profits out of this bull run as an early investor it could cause you to lose hope or even become sluggish with your investment. What I'll advice is that you plan out and be ready for everything that could happen on the Market, have a set of different senerios planned out for every possibility that could happen for example based on how optimistic you are sounding your best case senerio would be for the market to go bullish and maybe give a desired price that you have In mind and a normal case if the market decides to remains flat with no much movement and a worst case if things go full bearish and against your expectations.

One thing beign preached here is readiness, we must be ready for anything since we can't full beat our hands on our chest and say that this would happen our that would happen. Your major aim now should not even be where or how the price turn out(unless you have already been an investor for a while and not really a newbie, but for the sake of this forum and ranking system I'll advice you as I see) but to continue with your DCA and build your portfolio to a certain level and your aim for profit would be after holding and investing for like 1-4 years, this would help you keep your eyes on the right direction and so you dont end up losing track along the line In your investment. Try to also build your reserves in case of emergency or even if the Market goes against you.

Stay safe, invest with the right mindset.

I'm not really clear on what your trying to say here, but if your referring to dip buys, then you must understand that waiting for this dips could be a real problem expecially when its your only strategy and this could cause to miss out a lot of opportunities that you could use to buy more asset through DCA and more over you might spend months without even investing or taking any step cause you would be wondering which dip is the final dip, I've seen people wait for a dip that would never come and end up losing all the time they could have taken advantage of to start buying. And from what your saying it seems you're most likely a short term investor since you made mention of exiting the Market safely.

With respect to this, I hope you understand that the price of asset could consolidate around a point for months and at times lasts up to six months of fluctuations with making much move upwards, just like after bitcoin hits its ATH  if 68k if I'm not mistaken and dropped down to around 20k last year and it's starting to give us a little upward movement this year and has just dropped about 10k, so if you only buy on dips and maybe after bitcoin reaches its ATH you buy around 35k price you would still be waiting for that profit up till now, if you haven't lost hope already and sold at a loss and since you are a short term trader, you mostly likely won't have the patience.

But if you had rather given a DCA approach you would have accumulated a lot and be even more prepared for any bull run coming and you would have built quite the portfolio or stash by now.

This forum has done a good job in teaching us a lot, most importantly 'TO DO YOUR OWN RESEARCH'. And that has been the key to save your self from a lot . Cause last last na ignorance this people dey use caught us, so if we continue to stay aware of most of their tricks as least we fit reduce and save ourselves from a lot of trouble.


Omo I neva even hear this kind update before oh, you feel say e Don cast but e get many people wey go still fall for many reasons, and you know say the country dey put every man for desperate situation, so some persons no go see free 20k no try luck besides we dey used to gamble for the country, men fit gamble with even their personal information. Why I call am gamble na say, no how wey something inside them no tell them say na scam but my men go wan still try luck.

Yeah newbies are mostly their targets and we do have a lot of them coming in each year into the crypto space, in fact some scammers would even be the one to introduce them to bitcoin just to scam them at last, there are improving every year on their tricks. At times I just have to say it, ' They are damn good'

While waiting for long time as much as six months to build your emergency funds before investing would be a really slow process for me and also a lot can happen between the time he/she wishes to start investing and the six months of waiting to build your emergency funds up before you start investing, since we are talking about possibilities, we could also consider that the newbie could get tired or even use the money for something else, or something more realistic this individual may start to be confused on when his emergency funds would be large enough to start investing.

So my advice would be same as always advice on this thread, start investing with DCA even if it's a small amount then use a percentage to build up your emergency funds, but let's also consider that this newbie might not know very well how to chuck down his expenses to save more or use other strategies. Let's consider this example, this person earns about 200$ every month and has not built or have any savings prior to him making his decision to invest in bitcoin.
And he choses to allocate up to 25% of this earning into DCA as a start, he could instead divide his allocations Into 10% for DCA and 15% for building up his emergency funds or vice versa.

This way his emergency funds would be ahead of his investment while he finds out how he can fix his overall monthly or weekly expense and allocate more to his DCA or his emergency funds. And when he feels comfortable with how much he has in emergency funds then he could either decide to allocate all 25% to DCA  and set hi.self on track or use that 15% for dip buys or any strategy he favours.

And I've also noticed that any time I make thread you are always saying same thing, why not give an advice instead of saying stuff that has no meaning, so if someone is active on the forum it becomes hunting wow, then I guess your also doing same thing.

While you may be right it's important to also know that the emergency funds and cash reserve can be built along the way , I think its better you start with a minimal amount like 10- 25$ for DCA then instead of been aggressive I would then advice you build up your emergency funds and start putting things in place, then when your emergency funds has been built to a certain level you would feel more secure about, you can now start using some other strategies that can put you in front of your game like lump sums and dip buys. And it's also good to know your numbers first before setting your DCA  plan so you don't put yourself on pressure. What I mean by this is getting to know your income and expenses calculated out, so you could either reduce your expense to DCA  and use the rest to build your emergency funds or what's left after your expenses. While one can never really know this numbers fully,  I think only you can do this part yourself. But start right away with DCA  you don't really have time to have everything in place before you begin your journey.

It's a new year again and we all know what lies in wait, scammers are thinking of more innovative ways to decive and pollute the crypto community again and the one I hate the most are these wannabes that come and taint our fav coin image by creating not just inferiors but empty coins. They come I form of rug pulls, pump and dump all trying to scam crypto users who are ill informed. Not to long from now one new Influencer would start promoting a new rugpull, pls let none of us fall for such silly tricks anymore we are way past that already.

But any way let me remind you of how you can quickly save yourself from falling into these malicious snares.

👉get rid of your get rich quick mentality : I know a lot of persons would be expecting me to say read their whitepaper, but like I said this guys are getting more smart and making a good whitepaper with excellent road map and all would not be a problem to them. But thign I know they can't change so easily is their offers, they would always work on your greed, trying to entice you with silly offers that are so good to be true. I'm crying 😢 right now cause I also wished they were true, but sorry they aren't and don't fall to such this year.

👉 track their anonymously: so far I've noticed that most scams don't project any team members to the public and if they do they are mostly fake and this way could be very effective than reading a whole whitepaper. Check if the project has any real life representative and follow them up and see if they are posting in line with their big project in hand. Why i feel this is a good idea is because they are still afraid of the government too.

👉 yeah and  finally stop listening to influencers: many persons that have fallen for scam was found following one influencer or the other. Just know this people don't have you in mind and would promote any shit to get paid. Always do your own investigations if you must invest in any new project.

👉only invest in bitcoin 😎:  by know we all know that bitcoin is the only reliable crypto right now. And I have history to prove that, to me every other  project is not decentralized as they claim to be because they still have a kind of supervisory body even tho they claim not to, people did fund those projects remember and they would want something, nothing is free, no altcoin is completely decentralized.

 Whole bitcoin on the other hand is developed by the bitcoin community and even the creator has no hand in it again . Now there is something we can trust.


Stay safe yall. No scam getting us this year

If you could add pls do we have everyon3 at heart ❤ 💙

My fellow country men, we know how this things dey be for the country, e no go Tey now one new ponzi scheme go come out with their own offer, and you go see say many of our brothers go fall inside.

I know say many if us here know this things, but the things wey dey attract us fit dey different too, very soon one new crypto go come out, all of Twitter go dey shake, one Influencer now go carry am for head, you no go know say nah better rug pull dey wait their or pump and dump.

Una remember the story of  squid game, how they just come out with hype carry people money run. I no go fit advice say make una invest in only bitcoin, but make una try do good research, infact if possible pick only 2 altcoins invest in. But know say na only bitcoin wey dey fully guarantee.

Abeg my people make we no go give any body Free moni, besides Niger men we wise so make we apply that wisdom, even for our crypto journey too.

Make I no talk problem no come give the small solution I know.
 
How to identify this their scam  people wey come in form of ledgit crypto

👉 Read white paper: crypto project normally suppose undergo stages of development, so this project they get watin them dey call white paper which dey contain the formula on how the system go dey operate, their road map, e go explain how the entire network suppose function.

Any whitepaper wey u read wey no dey solve any problem, wey just carry promise full inside my brother commot body. The one wey we sabi bitcoin, give us proper written whitepaper. So any one wey no dey follow in the footstep na scam.
This scam people their whitepaper dey poorly written and if u sabi the eye read am u go know say na scam. Make I drop Link for better whitepaper so u go understand me.

BITCOIN WHITEPAPER

👉 Identify team members: most of this scam people dey like dey anonymous for their work, so one good way to check for their team members, find who dey real their fir goggle or not, even follow them for Facebook see if the real person dey post something related to the project. And they no fit scam with theri real face cause government go find them.

👉 beware of free things: most of this men dey like offer free things like say na ponzi, them go carry token give you for free or even some of the extra prelaunch coin for free. Carry for mind say nothing be free oh, unless watin then go gain go big pass your own.

👉check watin them dey talk: one thing I believe na say good business dey out to solve problems, so if this people just come dey talk moni moni my brother commot body na scam. This people fit even go as far as saying them dey launch for 20$ when their presal3 na just 0.003 like how which kind lie be this or even dey promote themselves as the next big thing. Just dey careful of such.

Like this I know say I don do better justice to this matter any body fall na en own.

If you get other ways wey u know say we fit use avoid this scam wey go happen this year abeg share for us.

What do you mean by senses of cycles, I'm not really clear on this. Or do you mean when a person has become so used to a pattern that it becomes hard to change or adapt to new strategies?

Based on this I understand as a person continue to mature in his investment, he would continue to become more strategic around his allocations and strategies in bitcoin either to get more bitcoin(or reach a certain level of accumulation) or to make more profit from it. Like you've said before if a newbie is more concerned about profit on his first years of investing, it could either cause him not to hold much or even he might diviate from his DCA, since he has become more profit minded. But a more mature investor can be more profit minded cause he can now align his allocations and strategies in a way that would be to make more profit form his investment and the level they call fuck you status could also determine their approach to buying. So like we have agreed before our senerios and strategies might continue to change based on different factors and the one we know for now is individuals, I was also thinking don't you think things like market trend could affect how a more mature investor and newbie would approach the market and plan out their senerios, cause it would be hard for me to say that if all mature investors would consider a bearish market as worse case. An investor could also be in his 8-10 years range and still looking to get more bitcoin, so he might seem to be aggressive towards a bear market than a bull market an at this point he could have even reach his fuck you status as planned by him but just wishes to get more bitcoin.

This individual here shows a totally different characteristics from the once you have used from your other examples. In his case he feels satisfied with how his short term investment has been even tho he hasn't reached his desired level of accumulation in his portfolio. But if the bitcoin price corrects and maybe goes back to 2x, he might also begin his journey again or is it possible that to avoid cases like this we set a limit for ourselves to not allocate more than a certain amount in a month or weeks or at any intervals we chose.
Now this is major case of individual preference, another person might be fired up to invest more into bitcoin and even decide to increase his allocations from 25% to maybe 30% and decide to be a little more aggressive.