Dips occur by chance and it's not something you just fold your hands and wait for before improving your game in Bitcoin accumulation, remember Bitcoin price is volatile and if you buy continuously you'll be able to buy at both highs and lows and increasing your aggressiveness if you're able is increasing your purchasing power to get more quantities per purchase which would amount to something tangible on the long-run.
IMO it's not a good practice to be whimpy in your DCA because you're accumulating funds for your target dip and what if the dip ends up not happening, then you'll have wasted time and chances waiting for the dip while you could've spread some of the funds across your buying period and if Bitcoin price continues going higher, you'll regret not being as aggressive as you could be simply because you were being unnecessarily conservative and waiting for a dip that didn't end up happening.
It's about proper planning and you've got to maximize every chance you've got to acquire more quantities of Bitcoin for yourself.
Sure, Bitcoin is a very unpredictable asset, and we don’t know what tomorrow holds. The price changes have disappointed some people since they believe Bitcoin is an investment that will continue to rise without dips. That is why using the DCA plan is so important for each investor. With DCA, you can buy whenever the price is high or low, and this allows you to build up your holdings over time without worrying about and asking the market. However, if you continue to buy according to plan, you will not panic if the price goes up or falls since you are accumulating gradually. The advantage is that you will end up with more Bitcoin in the long term, regardless of any changes in price. As you said, instead of waiting for a perfect time that may never come, with DCA you will grab every opportunity to continue building. your portfolio. |
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I'm on the learning process of bitcoin investment and what I've learnt so far is that holdling it is the best form of adding value to your money, if only people can be very patient and hodl it for a very longer period, anyways let's capitalize on "Patience" which is one of my major reason for coming up with this post.
We all know that our economy is getting very bad as the day goes and it's very difficult for most people to feed not to talk of having the patience to hodl their money and watch it grow, people would rather use it to feed and sustain themselves, although I'm not speaking for everyone but I'm curious to know if there are still serious holders in our country in this present economic situation?
It’s not that people are just saying that people should hold Bitcoin without doing it. Most of what you hear comes from real experiences. Many of them have gone through the process of holding for years, seen the benefits, and that’s why they strongly advise newbies to be patient and hold for the long term. The current economic situation doesn’t really affect every holder the same way. As many people complain, there are still strong holders who remain focused regardless of the situation. Some people have zero themselves not to touch their Bitcoin no matter how tough things get, because they believe in the long-term goal. So answer to your question, yes, there are still serious holders in this country, and there will continue to be, no matter how hard the economy becomes. |
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Bayern won, but did many people expect them to win? I think many people expected Chelsea based on their current form and their recent Club World Cup victory. Bayern did not just win, they outplayed Chelsea in their home.
I think this particular game ruined people's bets, because Chelsea supporters were really confident.
The majority of people believe that Chelsea is much better than Bayern Munich because they've won the Club World Cup against PSG. Remember that PSG defeated Bayern Munich along with two red cards, which is reason they believe Chelsea is better than Bayern. Bayern Munich have also been in good shape recently, signing more players to improve their team, they outperformed Chelsea in every position of the game. We made a mistake when we assumed Chelsea could beat any team in the Champions League. However, Champions League is different from other competitions because each team wants to give their all in order to win the trophy or make a history. We watched Qarabag beat Benfica at home, and I think that was the most surprise result I've seen in this week's Champions League. Chelsea's next game is against Benfica, and I hope they get a point from that match. |
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After several clubs battled in the Champions League, this week we will again see an interesting competition between top clubs that will be difficult to predict.
Manchester United - Chelsea
Arsenal - Manchester city
If this is about the risk of making a betting decision to get a bigger odds I prefer Chelsea and Arsenal.
Manchester City deserves to be doubtful to compete away is not easy to defeat Arsenal who are stronger at home.
While Manchester United as the host will not easily prevent Chelsea who are currently in his best performance.
From the games you listed above, it is obvious which team will win. I don't expect much from Manchester United this season; despite the fact that we were praising them during the preseason games as strong contenders to finish in the top four. Chelsea is the favourite to win the next match against Manchester United. Though I believe Manchester United is a big team, but they're currently one of England's average teams, so I prefer Chelsea to win. However, in the match between Manchester City and Arsenal, the Gunners will host the game, and we all know how difficult it is for them to play at home. Arsenal has a strong defence in the Premier League, and they've conceded only one goal in their last four games. I expect Arsenal to win or draw because I don't think there will be many goals in this game because Manchester City seemed to be performing better in their previous game. |
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Champions League tonight, some results went just as expected.
PSG were always the clear favorites and won comfortably, 4-0.
Inter were also expected to win, and they did so with a 2-0 victory.
PSG won comfortably against Atalanta without conceding a single goal. That was a fantastic victory for PSG to begin the Champions League this season. Atalanta's performance was poor, and I was not shocked considering that they seem to be quite weak even in Serie A, their performance has remained unpredictable since changing managers and a few players. If Atalanta continues on this way, I doubts they will make it through the group stage. Inter Milan, on the other hand, I expected them to win the match as well, because they seem to be far better than Ajax, and the bookmakers agreed. Thuram won it for Inter Milan and scored two goals. PSG is now leading the standings in terms of goals scored, let's see which team can score more than four goals today in order to overtake PSG. |
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I agree with you that investors need to have source of income before they can approach the market to buy bitcoin in the dip which is a good idea, make sure you use what you can afford to lose in bitcoin whenever you want to buy bitcoin and it will help you to focus on a long holding that will make you to earn good income from your holding, bitcoin is different from other business you can start today and start seeing instant result because there are some bearish season you will encounter in the process of holding bitcoin without be move to release your bitcoin no matter the challenge surrounding you because you have other source of income you can use to solve those challenges, but if you don't have such sources of income you will not overcome such challenges, this is the reason why is good to have source of income before going into long term holding.
This could be misleading and could send the wrong impression to mostly new investors to get panicked after investing in Bitcoin, Bitcoin investment is not a get rich quick investment that you will invest today and start seeing instant result you need to give a proper guild line to people who are interested to invest The Bitcoin market is volatile it might get dip after you start investing but don't panic just keep accumulating and HODL, Bitcoin investment shouldn't be for a short time gain and also to be successful in Bitcoin is not guaranteed so don't expect to get instant result from Bitcoin investment your target should be to accumulate and hodl for 4-10 years. I agree with you. This kind of encouragement can be misleading, because it makes people think they will see instant results after investing. For example, if someone invests in Bitcoin today because we told them they would see profits tomorrow, and the market happens to fall the next day, they will feel discouraged and think we misled them. It doesn’t work that way. Bitcoin is not a get rich quick investment. It’s not something you put money into today and start making profits the next day. Investing in Bitcoin requires patience and a long-term mindset. We must train ourselves to stop chasing quick profits. Any newbie who comes in with the intention of getting rich overnight will most likely end up losing everything. |
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My broda, this thing wey we dey call money, e dey always work with emotion. Anywhere we put our money whether na Bitcoin or business our mind go dey there because emotion dey involved. Na endurance we suppose learn. You fit see say many businesses today fail because the owners allow emotions control them. Dem begin doubt if na the right thing to continue, or to stop make dem no lose everything. Na so many people dey fail for business or investment these days.
If we wan succeed for anything wey we put money, we gats clear our mind from negative thinking. Life require patience, and anything wey fit change person life no dey happen sharp sharp. We no suppose dey eager achieve everything at the beginning of the journey.
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Everything is going against me right now.  Probably most people too though. PSV are losing to USG 2-0 home shockingly. Arsenal still couldn't score but they are more likely to win compared to PSV at least. But man, what happened to PSV? As you can remember they had a really good run in the Champions League last season with 14 points in league phase. However currently they are just about to lose to a much worse team at home... PSV lost their first Champions League game at home, I wasn't expecting such a result when PSV plays at home. Though I believed there will be a lot of goals in the game, I did not expect them to lose. To be honest, this is my first time seeing Union Saint-Gilloise compete in the Champions League, they are in amazing form in their home league, but this was my first time seeing them in the Champions League, and they performed well, defeating their opponents 1-3. However, Arsenal won the game as expected. I took risks on Arsenal to win since Athletic Bilbao did not has the strength to compete with them in any way. Martinelli and Trossard came off the bench and gave Arsenal’s the victory to win by two goals. So I did not bet on PSV to win, I played over 2.5 goals, and the match ended with four goals. Let us watch how today's results go. |
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While I believe Amorim should be sacked, I don't think there's any manager in the market right now that'll be willing to take up the job as a United manager.
OGS should have been given time to move forward with the team in my opinion.
Nobody suggests that Amorim should be fired immediately, but he needs to make improvements to his game by changing his formation because the strategies he is using are doing nothing for the entire team. The players are having trouble adapting to the new style. Amorim also stated in the interview that he will never change his tactics; and I believe he is just trying to prove arrogant about the formation, which will not help Manchester United improve in any way. However, the management fired Ole Gunnar Solskjaer, but most of us didn't understand why the team failed to give him enough time to improve the team. Manchester United had plenty of top players under Ole Gunnar Solskjaer's tenure, but once he was fired and replaced by Ten Hag, they started selling the majority of their players, and Ten Hag misunderstanding with some of the players, which caused many to leave the team. |
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Everything that keeps happening around Manchester United and the bad results the team keeps getting shows how clueless Amorim has been and yet he goes on acting arrogant like he knows what he is doing. I’m sure Zirkzee will be reconsidering his decision to stay at Manchester United past the summer.
There is a notion that Amorim has only three games left to save his job as Manchester United manager; I'm not sure how true this is because Manchester United have a lot of trust in Amorim's ability to improve the team. Amorim should save his job by changing his tactics. Amorim is strong in believing that he can just change the team's formation, but they are still conceding goals. To be honest; the majority of the players are going to reconsider their decision to leave or stay with the team next season. Zirkzee will be on the bench, but Amorim will not utilize him in a game where they need to score goals. He wants Manchester United to play possession games, which I believe will not help them survive in the Premier League, they must start creating opportunities, or they will finish below the table again this season. |
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If you invest in Bitcoin for a long time, the chances of profit will certainly increase a lot, but for this you should follow the DCA method to invest in Bitcoin. Then you will definitely be able to profit, if you invest in Bitcoin according to the DCA method, it is definitely possible to maintain your Bitcoin investment for a long time. So far, everyone who has successfully invested in Bitcoin for a long time is currently experiencing profit.
However, Bitcoin investment should be estimated at least up to two halving times (maybe 8 to 12 years or up to 15 years), it is best.
Of course, if you invest in Bitcoin for a long time, the chances of making profit in the future are very high, but we should always remember that investing in Bitcoin also involves risks, and we should not encourage anyone to invest in Bitcoin with the belief that future profit is guaranteed. Though we believe that its future will be very great, because if you observe those who have been investing in Bitcoin for a very long time now, at least in the last 5 to 10 years, it’s obvious that they are in good profit due to its current value. The DCA method is the best strategy to invest in Bitcoin for a long time, because with this method you will accumulate as much as you can afford without affecting your other responsibilities. When people think about Bitcoin investment, I believe they should think about long-term holding, because from those investing for the past 5 years now, it’s proven that you can only be in huge profit while holding for a long time. |
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Op, wetin you talk make sense very well. Na true say as person wey just dey start Bitcoin investment, e make no sense to carry all your money put just like that. Na money wey u think say e no go affect you, you suppose use, so if price go up or down, you no go dey panic to sell. Many people dey rush, dem wan get the same level with people wey don dey invest since many years, they don’t know waiting them face to hold am reach this place.
Moreover, na why e good make you always get backup funds and emergency funds so you no go touch your Bitcoin. That one go help you balance when things like food price or any unexpected problem show. Instead make you rush sell your Bitcoin, na that emergency fund you go use hold body. This way, you go fit HODL your Bitcoin for long time and still chop better profit.
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Something is seriously going on in the German Bundesliga Liga this season as evident in the level of desperation among the clubs. Bayern Leverkusen sacked their coach for poor results and Munchen Glabach have also sacked their coach for only getting one point after three matches. This has to prove that none of the teams wants to end badly this season. It is going to be an interesting season in the Bundesliga.
Don't you believe it is going to be very difficult to return to the Bundesliga at this point since every team has been serious with their games in order to finish in a good position, which is why every team wants to be serious with their games from the beginning of the season. This is not the period where that team needs to be patient at least the middle of the season to think if the manager is the problem, and after the time has already passed they do not have much more time to appoint a new manager. However, Bayern Leverkusen did the right thing by sacking their manager after two games, as proved by their last game, in which they won by scoring three goals despite being down to 9 players. Most of the problems come from the manager, not the players, perhaps Munchen Glabach will return to winning ways after sacking their manager, but we'll have to wait and see how their next match goes. |
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Everything takes time, but if there's no positive progress within half a season, it means the coach has failed. We can't say Amorim is a bad or good coach, but I think he's simply not a good fit for the Manchester United team, resulting in no positive changes.
Overall, it seems there's nothing wrong, for example, the players are quality, as is the coach. However, Manchester United's management needs to be improved and the process should begin on the right track. They're currently in a deep slump and need effective and extra efforts to recover.
As a Manchester United fan, watching their recent game is very frustrating. I'm not sure if the problem comes from the manager, or the team still lacks the quality players required to improve. I'm not sure what they played in the Manchester derby, but we claimed that Onana was conceding unnecessary goals while the defense were sleeping on the other teams attackers. All of the goals they conceded against Manchester City were due to poor defense. However, Amorim's strategies cannot work in the Premier League, can't he see that the players are not comfortable with the tactics in every game? He didn't want Bruno to play like he did last season, which is why Manchester United isn't scoring goals. Three man defense cannot help them, and if Amorim doesn't change his methods before the end of the season, I am confident they will replace him. |
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Barcelona is in good performance this season. Just imagine what they did to Valencia, a team like Valencia. I knew Barcelona would win the match, but not with many goals like this. 6 goals is a lot. However, Valencia cannot recover from this loss they got from Barcelona. Even if they need it again, they will still experience loss.
Furthermore, you are right that even without some players, Hansi Flick knows how to make a good strategy to work things out in Barcelona. This last one was without Yamal and still went successfully. This is to show that Hansi Flick knows what he is doing, and he does not rely on some certain players; he has a full squad.
I don't think Barcelona always finds it tough to play against Valencia, Real Madrid had some difficulties playing against them last season, when they were playing worse than they are this season. I expected Barcelona to win the game with at least three goals because they were hosting it and Valencia was not as strong as Barcelona, however, Barcelona scored six goals without conceding any during the game, so that was a big victory. Valencia will recover from their defeat if they meet a weak team in their next game, Barcelona humiliated them, and I doubt Valencia will be able to score such goals against any team in this league. They should focus on their next game and win three points to climb to the top of the table. To be honest, Valencia is not the same as it was that year, they would be competing for the league table right now. |
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I sent $30, Off-chain Transfer 296308401513
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DCA is effective in the process of averaging against volatility and putting purchases in an ordinary income stream, however, when you have a lump sum, it may be worthwhile to buy on the downside or buy more actively. It all depends on whether you have an effective plan and with a clear plan, you should not touch on monies that are likely to impact on your necessities. Basically, both strategies can be applied using the same capital, it is primarily a matter of timing, risk-taking, and disciplineness when using discretionary funds.
The discretionary income to be used depends on the level of your comfort and not even about the market environment and If you say buying on a Lump sum is worth while buying on the down side then to me you are describing buying the dip and not buying with the lump sum, because talking about buying with the lump sum has nothing to do with the market conditions but rather an investor decision to buy immediately with the available Lump sum amount irrespective of the market conditions, You are right, however I believe that some people prefer not to invest all of their money at once without thinking about market conditions first. Sure, a lump sum means you invest everything all at once, but not everyone is comfortable with that. Many people choose to wait for a better price before investing their money, because no one wants to buy when the market is too high. So, buying the dip and lump sum are not the same thing, it's just that people do their things differently. Some may decide to invest their money once, while others will wait for a dip. But, in the end, it will depends on how the person thinks and the kind of risk they are willing to take. |
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I know very well that most persons have the knowledge of bitcoin and have even started investing in Bitcoin before joining the forum. But for the period have been here, I notice that most of the old members here always think newbies are new to bitcoin. When newbies post things about bitcoin, most old members tend to have negative quote about it, as if newbies are not qualified to talk about bitcoin.
Do they think all newbies that joined the forum have no knowledge about it before joining?
Maybe you are the one seeing the responses from high rank members as negative, or perhaps you feel they are giving newbies the kind of replies they shouldn’t. But honestly, I’ve not seen any thread in this forum where a newbie says something right about Bitcoin and people ignore it just because they are new. In fact, many newbies are creating quality threads about Bitcoin, and high rank members are rewarding them by giving merits. So, you don’t need to feel discouraged by any response you have received so far. It all depends on how we communicate, since we don’t all have the same level of knowledge. Sometimes people may be correcting you, but you might mistake it as an attack. Many newbies already had some knowledge about Bitcoin before joining this forum, while others gained their knowledge here. Don’t be afraid to ask questions about what you don’t understand, we have plenty of people here willing to help. |
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Tomorrow's matches will see Real Madrid try to beat Marseille in Spain. If a red card like the one in the league match is shown, Real Madrid's challenge could be very difficult. Red cards in the Champions League can completely change the course of a game. Furthermore, if Real Madrid wants to forget last year's struggles and win all their matches, they need to be more mindful of their players' card problems. They need to avoid red cards, as they disrupt the balance of the entire team. The Juventus-Borussia Dortmund match will also be one of tomorrow's crucial matches.
It's another season to enjoy this incredible tournament. Real Madrid's first game is against Marseille, who I believe are also performing well in their respective league games. We cannot compare the strength of the two clubs, but there are no weak teams in the current Champions League matches since all of them will do their best to stay in the competition. Real Madrid will host their first game, and it should be an easy game for them to earn three points, I do not expect them to struggle in the group stage like last season. You are right, if Real Madrid wants to win the game against Marseille, they need to avoid unnecessary cards that could result in a red card. If they receive a red card in the Champions League game, they will struggle to win since this is not Real Sociedad, Huijsen and Asensio must not fail the team. Marseille is one of the top teams in Ligue 1, but Real Madrid should be able to win. |
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Although Liverpool dominated the match, they struggled to find the net. If they hadn’t won a penalty in the final minutes, they would have only taken 1 point, but they did, and Mohamed Salah converted it to secure all 3 points.
As for Man City, it was the expected result, 3-0 win.
Man United’s squad looks really poor to me, I don’t rate any of their players. With this squad, I don’t think they can achieve anything.
Liverpool had a difficult time winning against Burnley, honestly, I didn't expect Liverpool to have to win a penalty before beating Burnley because the teams standards are not the same. Liverpool dominated the game, but Burnley defended well to earn at least one point. I believe we saw how difficult it is to play against Burnley, who have just been promoted to the league, I am confident that Man United experienced similar challenges against them. Manchester City, on the other hand, defeated Manchester United, as some people predicted. Manchester City, who had lost their last two games, scored three goals when it was time to play Manchester United. It's very annoying to watch Manchester United games at this point, it's good for them that they are not going compete in any European competitions because this is the trash they will be playing. |
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