Buy the DIP, and HODL!

[Moreno233]

Now maybe the customers of these banks are asking themselves this question but they are not getting the correct answer from the bank authority.  
If these customers had invested in bitcoins instead of keeping money in the bank, their profits would have multiplied as well as they could have withdrawn the money whenever they wanted.

What if those money in question are the money they need to run their daily lives, or they are the money that they have set aside as emergency funds and reserve funds? Should they have also invested it in bitcoin, and be withdrawing from there anytime they like? Knowing too well that these money are not supposed to be invested in bitcoin. And you know that for someone to see a reasonable amount of profit in bitcoin, they have to hold it for at least a full circle. So if they invest it and be withdrawing daily from it, are you not turning them into day traders? And is it not the same fiat that they still need to spend in your country? Especially if bitcoin is not a legal tender in your country. Won't they still rely on the bank for fiat? That most of those people have fiat reserves in the bank doesn't mean that they don't have bitcoin investment in their portfolio. There are certain areas of problems that bitcoin do solves when it comes to the banking sector. That does not include the problem of issuing fiat to bank customers.

Money needed to run daily lives are not supposed to be invested into Bitcoin neither are funds that are meant to be set aside for emergency that are not planned for but which need to be solved. We don't have to complicate the steps that have been clearly explained to making investing and holding Bitcoin easy and stress-free. When you have some funds, set aside the part for your basic needs and also the emergency funds, then what is left can be invested into Bitcoin using any of the methods discussed which include but not limited to buying the dips, lump sum buy and the DCA method. This sequence is easy to implement for both newbies investors and experienced guys. In life, the simpler we keep things, the better the result we get, that is one thing I have learnt and it has been working for me.

[Sim_card]

This problem is now very common in developing countries where common people do not feel safe keeping money in banks.

You don't need to big degree or much education before you can invest in bitcoin, bitcoin is open for all to invest in. Since you said people living in the city, it means that they should be able to be somehow civilized to a certain level that it will be easy for the to know how to use andriod phone or a computer, meaning such people can invest in bitcoin. A lot of high level degree people have condemned bitcoin because they feel that they know it all and believe that it is impossible for bitcoin to survive, ignoring the opporturnity bitcoin is giving to them due to pride and ignorant.

To invest in bitcoin only needs the basic knowledge of bitcoin which you can be taught how to buy bitcoin can also be learnt. I believe anyone that can have a bank account and do his bank transactions himself either by going to the bank or via mobile transfer already have the knowledge to be able to buy bitcoin and hodli.

This is the major reason why investor nowadays are migrating from investing in the bank to Bitcoin investment. Since they have decided to full custody of the money in the bank any opportunity these investors have to remove their fund they will quickly do that and shift all their fiat into Bitcoin. Soon the bank will lose the level of trust and number of customers.

In addition to what you said, people are losing trust in banks and running to bitcoin because banks are no longer reliable but only make people feel as if they are reliable. Fiat is also losing its value overtime making it worst for you to pile up your money in a bank. This has made people deviate from fiat and bank into bitcoin for save the value of their funds and get profits for investing in bitcoin for long. You get two benefits.

[Promocodeudo]

It may be a bit biased to completely exempt trading from Bitcoin. But yes, it is not worth it and if so there is no benefit of trading Bitcoin. Bitcoin is the right asset if we are against inflation, it is an asset that can grant financial freedom since its the best investment for 10 years to 20 years period. If we also want full control of our assets then its no other asset than Bitcoin. We can only have otherwise if we mistakenly go into trading with Bitcoin when we ought to invest rather than trading.

I don't see anything prejudice about JayJuanGee statement, I think he is coming from the angle that Bitcoin was not created for people to play with or gamble in gamble out, he is just trying to make a point that whats the need of playing around with a serious and good asset like Bitcoin when you can actually invest with what you can afford continuously and hodl for a long term instead of involving in a short-term stuff called trading, JayJuanGee frown at trading because of the high tendency of individuals being addicted and losing their funds in it, beside it is like a song here that Bitcoin is not meant for short-term purposes so i concur to Jays opinion and conclusion on this one.

Am very happy that you recalled and corrected yourself immediately from the statement you made earlier, yea, absolutely there is no positive gain in trading Bitcoin.
Your conclusions are correct, be proud to say it anywhere, Bitcoin is the digital currency of now, tomorrow and the future, once we have chosen Bitcoin, we have to choose long-term not trading which is risky and uncertain, as a bitcoiner you are rest assured once your consider buying the little you can steadily continuously and hold for the long-term of about the years you mentioned than chasing a quick profit (trading) that looks like a trap on your way.

[DubemIfedigbo001]

This is the major reason why investor nowadays are migrating from investing in the bank to Bitcoin investment. Since they have decided to full custody of the money in the bank any opportunity these investors have to remove their fund they will quickly do that and shift all their fiat into Bitcoin. Soon the bank will lose the level of trust and number of customers.

In addition to what you said, people are losing trust in banks and running to bitcoin because banks are no longer reliable but only make people feel as if they are reliable. Fiat is also losing its value overtime making it worst for you to pile up your money in a bank. This has made people deviate from fiat and bank into bitcoin for save the value of their funds and get profits for investing in bitcoin for long. You get two benefits.

Yes you're right, people are losing interest in banks because their funds are just used by the banks to enrich themselves, after successful transactions, the banks would end up giving them only peanuts as interests for their funds in savings, current and fixed deposit accounts. Bitcoin is known to give you 100% of your profits as the value increases and this is what banks can never do.

Bitcoin also gives you the liberty to pull out your funds anytime you want without much stress, but In banking system you'll go through various processes to withdraw your funds invested with them. Bitcoin presents flexibility while the banking system presents rigidity and sometimes getting access to your funds can take some time against your plan and purpose.

People are really losing interest in banks and embracing Bitcoin for it's less drama, profitable nature and the freedom its presents to investors over their funds.

[I_Anime]

You don't need to big degree or much education before you can invest in bitcoin, bitcoin is open for all to invest in. Since you said people living in the city, it means that they should be able to be somehow civilized to a certain level that it will be easy for the to know how to use andriod phone or a computer, meaning such people can invest in bitcoin. A lot of high level degree people have condemned bitcoin because they feel that they know it all and believe that it is impossible for bitcoin to survive, ignoring the opporturnity bitcoin is giving to them due to pride and ignorant.

To invest in bitcoin only needs the basic knowledge of bitcoin which you can be taught how to buy bitcoin can also be learnt. I believe anyone that can have a bank account and do his bank transactions himself either by going to the bank or via mobile transfer already have the knowledge to be able to buy bitcoin and hodli.

Normally one may choose to trade with his Bitcoin either he gain or lose is still his loss , Because one thing one need to know is that any amount of bitcoin you waste due to you trying to make short-term profits , may worth more in the Future. Like back then when bitcoin price was around $100 , alot of folks may have wasted their Bitcoin for meaning less things or loss it, without ever imagine seeing bitcoin at such price range it is now . Back then 0.5 Bitcoin would be $50, but now 0.5 would be In the price range of $30k now . You can see the massive difference so is better to accumulate and hodl , than to waste resources on trading your Bitcoin, especially when you don't have the knowledge on how to navigate trading , holding instead is keeping it safe .

Bitcoin also gives you the liberty to pull out your funds anytime you want without much stress, but In banking system you'll go through various processes to withdraw your funds invested with them. Bitcoin presents flexibility while the banking system presents rigidity and sometimes getting access to your funds can take some time against your plan and purpose.

Bitcoin give one the privilege to be in-charge of his assets , being his own bank . Because most time bank issues can be annoying sometime,  but when you are in-charge of your assets , all is now left is for you to keep your Bitcoin safe by avoiding anything that may compromise yah wallet .

[justinlamode]

You don't need to big degree or much education before you can invest in bitcoin, bitcoin is open for all to invest in. Since you said people living in the city, it means that they should be able to be somehow civilized to a certain level that it will be easy for the to know how to use andriod phone or a computer, meaning such people can invest in bitcoin. A lot of high level degree people have condemned bitcoin because they feel that they know it all and believe that it is impossible for bitcoin to survive, ignoring the opporturnity bitcoin is giving to them due to pride and ignorant.

To invest in bitcoin only needs the basic knowledge of bitcoin which you can be taught how to buy bitcoin can also be learnt. I believe anyone that can have a bank account and do his bank transactions himself either by going to the bank or via mobile transfer already have the knowledge to be able to buy bitcoin and hodli.

Normally one may choose to trade with his Bitcoin either he gain or lose is still his loss

Simply put, that is called gambling. Not a good way to approach the business of Bitcoin investment and never in agreement with buy the DIP and HODL. Unless you have money to throw away, you should not trade your Bitcoin for some quick gains because you may not likely succeed because the risk is just too much to bear especially when you are inexperienced and not versed with risk management.

Because one thing one need to know is that any amount of bitcoin you waste due to you trying to make short-term profits , may worth more in the Future. Like back then when bitcoin price was around $100 , alot of folks may have wasted their Bitcoin for meaning less things or loss it, without ever imagine seeing bitcoin at such price range it is now . Back then 0.5 Bitcoin would be $50, but now 0.5 would be In the price range of $30k now . You can see the massive difference so is better to accumulate and hodl , than to waste resources on trading your Bitcoin, especially when you don't have the knowledge on how to navigate trading , holding instead is keeping it safe .

Now that you know how well Bitcoin can grow when given time, you have to start taking it seriously and build for the future. A time will come when we will look back to today and wished we bought more Bitcoin than we might have then. The opportunity is still calling on us to take our investment serious. With a limited supply of Bitcoin, growing human population and increasing interest from people and governments, we can see that the future of Bitcoin is truly full of hopes.

[ginsan]

Yeah.  If there is no increase in income, then all that you have left is to decrease your expenses, and sometimes it is NOT practical to further decrease expenses.  And surely there have already been a lot of guys who have been complaining about expenses increasing more than they are able to increase their income, so if that is the case, then there would be a lot of pressure on the ability to even continue the DCA amount at the same rate without reducing the amount.

Yes, it is very juxtaposed where income does not increase and expenses are greater because every type of household goods continues to increase in price, of course it becomes a burden on the mind in managing DCA to continue running properly. Sometimes there is a gap in the purchase time due to unstable cash flow but in that case DCA also runs but is only delayed at the due date. Instead of it continuing to get worse, there is no other choice but to find a side job to support cash flow to be more stable.
The burden of investment is certainly felt by everyone because of their economic factors. But the big gap is finding a job to prevent mistakes in investment.

I thought that the important point is trying to establish realistic goals - goals that are within your ability to achieve.  If you create unrealistic goals then you are likely going to underperform and disappoint yourself.   Sure there is value in terms of being consistent and persistent, especially if you might place the accumulation of bitcoin on a relatively high prioirity level.

You are right sir, the best way is to achieve the target from the initial accumulation stage to the final closing stage in one year. if it goes smoothly then the planning for the second or third year can be rearranged with a cash flow that may increase. Bitcoin has changed my life and of course Bitcoin is a priority that I focus on for the investments I have made. The accumulation rate is still running quite smoothly even though there are several factors in unexpected large expenses but DCA is still running from my initial planning.

[Stablexcoin]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Bitcoin investment is optional. If a person feels that Bitcoin is not the right asset to invest in then he/she can go ahead to invest in the asset they are comfortable with. Everyone has the right to choose what to invest in but one thing I know shitcoins are terrible to invest in. Anyone thinking of investing in them only wants the little profit they can get now and they don't know the meaning of investment in the first place.

I think we see more new investors who are only concerned about short profits. That is why a lot of them are complaining about the price of Bitcoin when it fluctuation. Practicing buying the dip and holding for long term is easy peazy.

[Mayor of ogba]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Our main focus in this buy the dip and hold thread is about bitcoin, and mentioning another coin, such as altcoins, will only distract us from the main discussion of this thread. It will be better if we only discuss bitcoin here. And fuck whoever still doubts bitcoin, the person doesn't know anything about bitcoin or understand the benefits that come with holding bitcoin because if he does, he will not choose to invest in altcoins over bitcoin. If you have accumulated the amount of bitcoin you want to hold for your long-term purposes, it is not even good to diversify your investment in altcoins. After you have accumulated the amount of bitcoin you want to hold, it will be better to diversify your investment in real-life investments, such as real estate, or you can be selling commodities. 

[Frankolala]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Bitcoin investment is optional. If a person feels that Bitcoin is not the right asset to invest in then he/she can go ahead to invest in the asset they are comfortable with. Everyone has the right to choose what to invest in but one thing I know shitcoins are terrible to invest in. Anyone thinking of investing in them only wants the little profit they can get now and they don't know the meaning of investment in the first place. 

I think we see more new investors who are only concerned about short profits. That is why a lot of them are complaining about the price of Bitcoin when it fluctuation. Practicing buying the dip and holding for long term is easy peazy.

Buying the dip is not as easy as you think, especially for a new investor who just started his bitcoin journey. Waiting for the dip, is like wasting your time because what if the dip did not come, you will keep on waiting and losing the opportunity that the market is offering you and also waste the time that you are supposed to use in building and growing your bitcoin portfolio if you were DCAing.

A new investor shouldn't wait for the dip but rather get started immediately with DCA after figuring out how much of your discretionary income you will use to buy bitcoin by buying every week or month gradually and regularly in order for him to keep his bitcoin investment ongoing for a long period of time so that he can reach his bitcoin target. However, it is good to supplement your ongoing DCA method with lump sum to increase your bitcoin stash faster than when you are only DCAing. After figuring out how much of your discretionary income you will use to buy bitcoin.

This is where newbies get it wrong waiting for the dip because they think that is the best time to buy bitcoin cheap, unknown to them that it is the worst approach for a new beginner. DCA keeps you committed to invest always since you have a long-term mindset for your bitcoin investment.

[MainIbem]

Bitcoin investment is optional. If a person feels that Bitcoin is not the right asset to invest in then he/she can go ahead to invest in the asset they are comfortable with. Everyone has the right to choose what to invest in but one thing I know shitcoins are terrible to invest in. Anyone thinking of investing in them only wants the little profit they can get now and they don't know the meaning of investment in the first place.

I think we see more new investors who are only concerned about short profits. That is why a lot of them are complaining about the price of Bitcoin when it fluctuation. Practicing buying the dip and holding for long term is easy peazy.

For an asset class, Bitcoin is very beneficial for investment purposes, it is the best asset when it comes to that aspect and though it's the wisest decision any cypto investor would make but then I agree with you that investing on it is optional, there's a saying that you can take a donkey to the stream but can't force it to drink water, the donkey who know the benefits of drinking water would definitely drink without one forcing it to, sake implies to Bitcoin investment, you can teach people about Bitcoin and it's benefits buy can't force them to invest on it. There's a saying that sometimes people just need to make the wrong decisions so they'll take corrections, I've once invested on Shitcoins I felt could be beneficial to me in the near future but I learnt a big lesson when I saw my investment going down not until I learnt about the concepts of Bitcoin investment and using different methods to accumulate it in my portfolio. Well I don't blame most of those people that invest on shitcoins, some are hyped by influential people and make it look so convincing but an experienced investor would not let themselves be decieved by a mere hype no matter how influential the person hyping it is, they'll only focus on Bitcoin which is the most superior Cryptocurrency and best for investment purposes.

[sotelorene]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Our main focus in this buy the dip and hold thread is about bitcoin, and mentioning another coin, such as altcoins, will only distract us from the main discussion of this thread. It will be better if we only discuss bitcoin here. And fuck whoever still doubts bitcoin, the person doesn't know anything about bitcoin or understand the benefits that come with holding bitcoin because if he does, he will not choose to invest in altcoins over bitcoin. If you have accumulated the amount of bitcoin you want to hold for your long-term purposes, it is not even good to diversify your investment in altcoins. After you have accumulated the amount of bitcoin you want to hold, it will be better to diversify your investment in real-life investments, such as real estate, or you can be selling commodities. 

You are absolutely correct but our focus now is not buy the Dip reason because the Dip doesn't just occur every day or anyhow, remember if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy. But we should be ready and prepared in case there's Dip, so as to enable us take advantage of the market. I don't want to press much about this diversifying our investment in alt though ETH is somehow fine but I don't like there gas feel but I don't consider it  as an option.

[laijsica]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Our main focus in this buy the dip and hold thread is about bitcoin, and mentioning another coin, such as altcoins, will only distract us from the main discussion of this thread. It will be better if we only discuss bitcoin here. And fuck whoever still doubts bitcoin, the person doesn't know anything about bitcoin or understand the benefits that come with holding bitcoin because if he does, he will not choose to invest in altcoins over bitcoin. If you have accumulated the amount of bitcoin you want to hold for your long-term purposes, it is not even good to diversify your investment in altcoins. After you have accumulated the amount of bitcoin you want to hold, it will be better to diversify your investment in real-life investments, such as real estate, or you can be selling commodities. 

You are absolutely correct but our focus now is not buy the Dip reason because the Dip doesn't just occur every day or anyhow, remember if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy. But we should be ready and prepared in case there's Dip, so as to enable us take advantage of the market. I don't want to press much about this diversifying our investment in alt though ETH is somehow fine but I don't like there gas feel but I don't consider it  as an option.

As you should be adequately prepared for dips, the right advice is to run a DCA as well as ensure the adequacy of the backup fund so that it has at least 6 months of cash to meet your family's day-to-day needs. The more you have in your backup fund, the more confident you can be in investing. For example, if you have floating cash to cover household expenses for two years, you can run DCA as well as aggressively buy during dips and this approach tends to increase the holdings in your portfolio relatively.

Shitcoins can cause your portfolio to suffer with a tendency to lose capital most of the time. Following the DCA method over the long term and typically during Bitcoin's price corrections, holdings are likely to grow multiples with overbought cycles running multiple cycles. Your focus should be on making sure you make the most of every cycle trying to increase your holdings of Bitcoin. Deposit Bitcoins for long period.

[freedomgo]

Shitcoins can cause your portfolio to suffer with a tendency to lose capital most of the time.

A shitcoin is a shitcoin, no need to entertain the idea of investing in it, even if you could profit from playing the game. Just focus on the dark side—shitcoins are scams. If you're making money from it, that means some investors are losing. It might be acceptable if the ones losing have no idea they’re investing in a shitcoin, but if someone knows it’s a shitcoin and still sees an opportunity to profit from it, that’s almost like a crime. You’re benefiting at the expense of others.

[GIF-JOBS]

And if there are still people who doubt Bitcoin as the best investment asset, of course he will explain the reasons and it could be that the person just wants to advance another damn coin that he likes himself without seeing the value of Bitcoin itself. So for now there is no particular reason for me to doubt Bitcoin as the king and I also hope that over time Bitcoin lovers will continue to grow and implement buy the dip and hodl.

Our main focus in this buy the dip and hold thread is about bitcoin, and mentioning another coin, such as altcoins, will only distract us from the main discussion of this thread. It will be better if we only discuss bitcoin here. And fuck whoever still doubts bitcoin, the person doesn't know anything about bitcoin or understand the benefits that come with holding bitcoin because if he does, he will not choose to invest in altcoins over bitcoin. If you have accumulated the amount of bitcoin you want to hold for your long-term purposes, it is not even good to diversify your investment in altcoins. After you have accumulated the amount of bitcoin you want to hold, it will be better to diversify your investment in real-life investments, such as real estate, or you can be selling commodities. 

You are absolutely correct but our focus now is not buy the Dip reason because the Dip doesn't just occur every day or anyhow, remember if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy. But we should be ready and prepared in case there's Dip, so as to enable us take advantage of the market. I don't want to press much about this diversifying our investment in alt though ETH is somehow fine but I don't like there gas feel but I don't consider it  as an option.

As you should be adequately prepared for dips, the right advice is to run a DCA as well as ensure the adequacy of the backup fund so that it has at least 6 months of cash to meet your family's day-to-day needs. The more you have in your backup fund, the more confident you can be in investing. For example, if you have floating cash to cover household expenses for two years, you can run DCA as well as aggressively buy during dips and this approach tends to increase the holdings in your portfolio relatively.

Shitcoins can cause your portfolio to suffer with a tendency to lose capital most of the time. Following the DCA method over the long term and typically during Bitcoin's price corrections, holdings are likely to grow multiples with overbought cycles running multiple cycles. Your focus should be on making sure you make the most of every cycle trying to increase your holdings of Bitcoin. Deposit Bitcoins for long period.

In fact, it is important to have adequate backup funds for our DCA, if we want to run our DCA for a long time, we must have backup funds. Because if we want to get any good out of DCA then we must make it a long term holding, at least till next 3 cycles, if we can take a firm decision of holding for next 3 cycles i.e. next 12 years and run DCA accordingly. But it will definitely give us adequate returns. So we have to decide on holding for the next 3 cycles, and must have backup funds to continue this holding uninterrupted.

[SOKO-DEKE]

Bitcoin investment is optional. If a person feels that Bitcoin is not the right asset to invest in then he/she can go ahead to invest in the asset they are comfortable with. Everyone has the right to choose what to invest in but one thing I know shitcoins are terrible to invest in. Anyone thinking of investing in them only wants the little profit they can get now and they don't know the meaning of investment in the first place.

I think we see more new investors who are only concerned about short profits. That is why a lot of them are complaining about the price of Bitcoin when it fluctuation. Practicing buying the dip and holding for long term is easy peazy.

Yes, Bitcoin is optional, and nobody is forcing anyone to invest in Bitcoin. But the truth is that Bitcoin is the most secure coin, and no other coin can compare with it in terms of investment. That is the reason why this thread was created: to guide people on methods of accumulating more Bitcoin without panicking about their Bitcoin investments.

I believe many people have gained from this thread and have accumulated a certain amount of Bitcoin with minimal stress. They have continued to hold onto their Bitcoin investments for a long period of time. In fact, this has encouraged me more on how I can hold my Bitcoin investments without panic and given me more hope about continuing to accumulate more Bitcoin.

In short, any newbie that visits this thread will likely not be confused or persuaded to invest in any altcoins, because they will know that altcoins are not for long-term investment and are more about gambling.

[bocyaj]

A shitcoin is a shitcoin, no need to entertain the idea of investing in it, even if you could profit from playing the game. Just focus on the dark side—shitcoins are scams. If you're making money from it, that means some investors are losing. It might be acceptable if the ones losing have no idea they’re investing in a shitcoin, but if someone knows it’s a shitcoin and still sees an opportunity to profit from it, that’s almost like a crime. You’re benefiting at the expense of others.

The traders sometimes can make money using the shitcoin,but it doesn’t mean the coin was moved to potential from the shitcoin status.The profit time will be the happy one to the investors,but if the same coin was changed to the termination status.All the investors will loss their investment completely,before the end status.The market for the shitcoin will reduce to never believe range and almost near to the zero value or 80+ percentage on the price in a week period of time.

You are absolutely correct but our focus now is not buy the Dip reason because the Dip doesn't just occur every day or anyhow, remember if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy. But we should be ready and prepared in case there's Dip, so as to enable us take advantage of the market. I don't want to press much about this diversifying our investment in alt though ETH is somehow fine but I don't like there gas feel but I don't consider it  as an option.

The market dip need some time for the correction,when the market at the bear one.The traders should use the opportunity to buy the good potential coin to take profit in long term.The bitcoin was different from other coin,because even now many traders blindly inverse in the bitcoin compared to many coin in the market with more potential.The Ethereum investment also the promising one to the traders investment.

[Cryptoprincess101]

Normally one may choose to trade with his Bitcoin either he gain or lose is still his loss , Because one thing one need to know is that any amount of bitcoin you waste due to you trying to make short-term profits , may worth more in the Future.

Those trading their bitcoins doesn't know it's worth and value otherwise they would have only hodl their bitcoins for long term increase and not be so inquisitive about the low profits they get while trading in a short term. 

Like back then when bitcoin price was around $100 , alot of folks may have wasted their Bitcoin for meaning less things or loss it, without ever imagine seeing bitcoin at such price range it is now . Back then 0.5 Bitcoin would be $50, but now 0.5 would be In the price range of $30k now . You can see the massive difference so is better to accumulate and hodl , than to waste resources on trading your Bitcoin, especially when you don't have the knowledge on how to navigate trading , holding instead is keeping it safe .

People who wasted their bitcoins in the past when bitcoin hasn't gotten any recognition cannot be blamed because as at those periods, bitcoin was relatively new in the market and a lot of people were scared of losing their asset but now that it has become the best performing coin, there is need for people to own it more as a store of value rather than settle for trading.

[As-Soon-As]

Shitcoins can cause your portfolio to suffer with a tendency to lose capital most of the time.

A shitcoin is a shitcoin, no need to entertain the idea of investing in it, even if you could profit from playing the game. Just focus on the dark side—shitcoins are scams. If you're making money from it, that means some investors are losing. It might be acceptable if the ones losing have no idea they’re investing in a shitcoin, but if someone knows it’s a shitcoin and still sees an opportunity to profit from it, that’s almost like a crime. You’re benefiting at the expense of others.

Note that Bitcoin is the only long-term investment worth investing in, if you ever invest in anything other than Bitcoin, chances of losing money are high. Because only DCO method invests your bitcoin for future years it will not be destroyed, but if you choose altcoin directly to get more profit then it is maximum stupidity and more likely to be destroyed which will run out of money. So if we are thinking of long term investment then surely we will choose Bitcoin following DCA method no doubt. Because your investment will last longer and you will be more self-reliant.

[reagansimms]

~~~

Money needed to run daily lives are not supposed to be invested into Bitcoin neither are funds that are meant to be set aside for emergency that are not planned for but which need to be solved. We don't have to complicate the steps that have been clearly explained to making investing and holding Bitcoin easy and stress-free. When you have some funds, set aside the part for your basic needs and also the emergency funds, then what is left can be invested into Bitcoin using any of the methods discussed which include but not limited to buying the dips, lump sum buy and the DCA method. This sequence is easy to implement for both newbies investors and experienced guys. In life, the simpler we keep things, the better the result we get, that is one thing I have learnt and it has been working for me.

It is only natural that investor interest in Bitcoin is increasing due to its status as the crypto asset with the highest value and its performance is better than other crypto assets. To keep your investment safe and according to plan, it is highly recommended to use cold money that is not used for other needs to avoid cash flow problems if the value of Bitcoin decreases. It is highly discouraged for investors who want to invest in Bitcoin to use funds generated from loans (debt) because this is very risky when the price of Bitcoin drops.
In addition, an investment strategy is very necessary to facilitate the accumulation of assets, if possible always avoid purchasing large amounts at one time. Ideally and most recommended is to buy Bitcoin periodically or more commonly known as the DCA strategy.