Buy the DIP, and HODL!

[Ambatman]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."

Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

Can we predict that Bitcoin will become number 2 as the largest asset today, I'm sure it will be achieved over time.

Early this Year it wasn't even in the Top 10 but now number 8
Once the price gets to $110K we are going 5th.

[JayJuanGee]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."
Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

We are in a thread in which we are largely talking about long term, yet you seem to want to talk about trading.  So you are saying don't come in now if you are in bitcoin for the short term, and even that is a strange statement, like you are expecting the BTC price to dip from here?

Sure, we went up 35%-ish in the past couple of weeks, yet we are going to presume BTC prices have good odds of a dip?

I probably should not even be pursuing this line of thought, since we are not talking about either trading here or short term buying, yet you are still acting as if you are expecting a dip, which also seems almost like a BIG so what? since I think that there are quite a few guys here that have agreed that waiting is not an investment strategy, except maybe a guy who might have been buying quite a lot in the past few weeks, he might be exhausted in regards to buying, so he might want to wait for a bit of time before buying more BTC.. .. so there could be some circumstances that even a guy who regularly DCAs might wait a week or two to see what happens, especially if he has already been buying and potentially even running out of money to buy more BTC.

[Sobz]

There are people who regret for not investing in Bitcoin when it was very affordable and some said they can't afford to miss such opportunity again in their life but yet they are still letting go the opportunity later they will still regret which is a sign of unseriousness and I guess they are still having that same feeling they had some years ago, it's fine to have that feeling but it's not good to go into Bitcoin investment with that feeling because one can easily panic or sell in loss because of the market volatility which is a negative vibe but I understand that everyone must not invest in Bitcoin so anyone who think it's not good for him or her should forget about it and anyone who thinks he or she can do it then its cool.

The reason why they regret is when they see bitcoin market increasing, they just imagine the profit they would have made if they had invested in Bitcoin.  This set of people are just interested in the profit but they are not ready to invest maybe because they lack understanding of bitcoin and not discipline enough to start.

To invest bitcoin is more than just interested in making profit, it takes good understanding,  discipline   patience to invest bitcoin,  if you don't have these qualities you will keep regretting always for not investing. Those who are investing in Bitcoin, they are not investing because they have so much money but it is because they have the understanding,  discipline and patience and to invest bitcoin with what they can afford by using the DCA method of investing.

[danadc]

I am fully prepared, got an extra job which I do only four hours a day for the sole purpose of my accumulation journey so you can guess that my mind is sealed on this course. I would continue learning and growing my investment mindset and with time I would probably do better.

I am also looking for an extra job that makes me earn a little more money and I want to use that to buy some BTC, I don't mind if the price of BTC keeps going up, that motivates me more, it's not easy because in my case it would be at night until 12pm, I leave work at 6pm, I run from there to the other one, I can't even have dinner because it's difficult, but the sacrifice and effort of today is the wealth of tomorrow, and I do it because in my old age I want to do nothing but travel, and I know that with BTC I can do it, the best of all is that the forecasts that can be seen is that BTC can reach $1M and only with a small fraction of BTCbitcoin I have to live well , so I see everything as an opportunity, now more than ever.

[Gallar]

Aren't we presuming that with the passage of time that the BTC price is going to continue to rise, yet we cannot necessarily that the BTC spot price is going to rise or fall in the short term, even if we might realize that there is a kind of ongoing and ever-present pressure upon it to go up in price that comes from its ongoing adoption (including that we are in early stages of its adoption too).

I don't imagine that sir, what's on my mind right now is to keep buying. I'm still not satisfied with what I have and I wish I had more time to buy bitcoin when it was still under $100k.

With my high hopes for bitcoin, I always focus on buying more aggressively once a month, I do that to reach my target earlier than I expected.

As I know, bitcoin adoption continues to advance very rapidly, currently many countries are competing to buy bitcoin.

Can we predict that Bitcoin will become number 2 as the largest asset today, I'm sure it will be achieved over time.

That's right my friend, if we have the opportunity to buy bitcoin, I think we should continue to buy it. Because collecting our money in the form of bitcoin will certainly be something that is very promising and has minimal risk. I also have the intention now, while I still have income, I will continue to do DCA on bitcoin. So I will not set a price or when I will sell the bitcoins I own. Because if I have thoughts or benchmark selling prices that I will use for the Bitcoin assets that I own, it feels a little burdensome in my thinking. So for now I'm going to enjoy the DCA I did on bitcoin more. Because at first I was also going to sell bitcoin in the current bull run market, but I changed my mind and will continue to HODL the bitcoin I have until an undetermined time.

Then regarding bitcoin, recently I did a search on Google about the popularity of bitcoin and also the number of current users. Then the results came out, Bitcoin is now experiencing a very high increase in popularity, namely entering the ranks of the 3 most popular investment assets at the moment. Therefore, in my opinion, in the future Bitcoin could become the number 2 or number 1 most popular investment asset in the world. Because looking at its current development, Bitcoin seems like it will become a very extraordinary asset. So with this, we no longer need to hesitate to continue doing DCA into bitcoin.

[Justbillywitt]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."

Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

Your statement is sounding more bearish, of which I don't really agree with that. For the fact that you are advising certain set of people to stay away from it shows that the price is about to dip from here until 2026 which I believe is wrong. I don't know where you are getting your data from, but one thing you should know is that the market sentiment is still very bullish, and Bitcoin has greater probability of making more of an upward trends than downward trends presently.
The green candles ain't going out at the moment especially now that many institutional buyer are coming in. The market is showing great signs of remaining bullish for majority of 2025, so I don't know you are getting your analysis. Even though we are going to be seeing some little market corrections as we are seeing now, that's completely normal in a bullish market. So I don't agree with you that a dip that will keep us out till 2026 is coming anytime soon.

[As-Soon-As]

I am fully prepared, got an extra job which I do only four hours a day for the sole purpose of my accumulation journey so you can guess that my mind is sealed on this course. I would continue learning and growing my investment mindset and with time I would probably do better.

I am also looking for an extra job that makes me earn a little more money and I want to use that to buy some BTC, I don't mind if the price of BTC keeps going up, that motivates me more, it's not easy because in my case it would be at night until 12pm, I leave work at 6pm, I run from there to the other one, I can't even have dinner because it's difficult, but the sacrifice and effort of today is the wealth of tomorrow, and I do it because in my old age I want to do nothing but travel, and I know that with BTC I can do it, the best of all is that the forecasts that can be seen is that BTC can reach $1M and only with a small fraction of BTCbitcoin I have to live well , so I see everything as an opportunity, now more than ever.

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

[bitzizzix]

Aren't we presuming that with the passage of time that the BTC price is going to continue to rise, yet we cannot necessarily that the BTC spot price is going to rise or fall in the short term, even if we might realize that there is a kind of ongoing and ever-present pressure upon it to go up in price that comes from its ongoing adoption (including that we are in early stages of its adoption too).

I don't imagine that sir, what's on my mind right now is to keep buying. I'm still not satisfied with what I have and I wish I had more time to buy bitcoin when it was still under $100k.

With my high hopes for bitcoin, I always focus on buying more aggressively once a month, I do that to reach my target earlier than I expected.

As I know, bitcoin adoption continues to advance very rapidly, currently many countries are competing to buy bitcoin.

Can we predict that Bitcoin will become number 2 as the largest asset today, I'm sure it will be achieved over time.

That's right my friend, if we have the opportunity to buy bitcoin, I think we should continue to buy it. Because collecting our money in the form of bitcoin will certainly be something that is very promising and has minimal risk. I also have the intention now, while I still have income, I will continue to do DCA on bitcoin. So I will not set a price or when I will sell the bitcoins I own. Because if I have thoughts or benchmark selling prices that I will use for the Bitcoin assets that I own, it feels a little burdensome in my thinking. So for now I'm going to enjoy the DCA I did on bitcoin more. Because at first I was also going to sell bitcoin in the current bull run market, but I changed my mind and will continue to HODL the bitcoin I have until an undetermined time.

Then regarding bitcoin, recently I did a search on Google about the popularity of bitcoin and also the number of current users. Then the results came out, Bitcoin is now experiencing a very high increase in popularity, namely entering the ranks of the 3 most popular investment assets at the moment. Therefore, in my opinion, in the future Bitcoin could become the number 2 or number 1 most popular investment asset in the world. Because looking at its current development, Bitcoin seems like it will become a very extraordinary asset. So with this, we no longer need to hesitate to continue doing DCA into bitcoin.

Of course, if we are already involved with Bitcoin, it is better to prioritize buying Bitcoin when we already have money than not doing it at all because it will cause regret if we ignore it, and it will also be useless if we use money only for momentary pleasure because Bitcoin will give us extraordinary pleasure in the future. However, you still have to use money that you can afford to lose even though it is unlikely as long as you do it in the long term and still prioritize important needs. DCA is the best method for those who do not have a large income to buy Bitcoin in large amounts when the price is down, because we can still collect it which will be big in the long term if we do it consistently and also disciplined when we have more money.

And fortunately I have a permanent job that supports me in doing DCA, namely I always set aside part of my salary every month to keep buying Bitcoin at any price, and also without thinking about when to sell it. Because my goal is for the long term where I can no longer have an income or cannot have the ability to make money in my old age, and this is my goal and Bitcoin is the best solution among other investments and I have also suspected for a long time, that Bitcoin will definitely remain popular and continue to be popular over time and also continue to grow in terms of adoption which will continue to increase its price.

[JayJuanGee]

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

Of course, DCA method is one of the ways of accumulating on a regular basis, yet I see no problem keeping some money in banks or however, you might be holding your fiat too, but yeah, with the passage of time, if you keep building your bitcoin holdings, then it will presumptively get larger and larger quantity of BTC contained therein, and if the BTC price goes up then overall, you would have good chance to have better returns with your BTC money as compared to having had kept such money in the bank. 

You do likely have to secure your BTC in private ways, especially as they get to become larger amounts, so you have less possible issues with third party custodians.  You also likely have to realize that there is no guarantee that your BTC will outperform your cash or other places you could have had invested your money, so you should be figuring out an allocation size into bitcoin that is comfortable for your balancing of your cash versus your investment into bitcoin versus your investment into anything else if you have other investments.

[Ambatman]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."
Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

We are in a thread in which we are largely talking about long term, yet you seem to want to talk about trading.  So you are saying don't come in now if you are in bitcoin for the short term, and even that is a strange statement, like you are expecting the BTC price to dip from here?

We talking about the same thing. We close to a temporary ATH and I wouldn't want any entering it their mindset is short term in case there's a minor dip.
Most likely people tend to sell and start getting swayed by blogs that suggests Bitcoin is going to $70K.
I believe we are going bigger doesn't mean others are
And if they hold, There would be no need in been scared of Buying Now.
In a nutshell, I'm advising against trading not encouraging it.

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."

Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

Your statement is sounding more bearish, of which I don't really agree with that. For the fact that you are advising certain set of people to stay away from it shows that the price is about to dip from here until 2026 which I believe is wrong.

I'm quite certain that the number of people more bullish about Bitcoin here is few.
I don't give advice without letting others know there are risks.
I shared the post because I agreed with the view
We ain't seeing this prices again and might not in 2026 when we are supposed to enter a Bearish Market.

Again not an advice, Just my personal opinion.

[sotelorene]

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

Of course, DCA method is one of the ways of accumulating on a regular basis, yet I see no problem keeping some money in banks or however, you might be holding your fiat too, but yeah, with the passage of time, if you keep building your bitcoin holdings, then it will presumptively get larger and larger quantity of BTC contained therein, and if the BTC price goes up then overall, you would have good chance to have better returns with your BTC money as compared to having had kept such money in the bank. 

You do likely have to secure your BTC in private ways, especially as they get to become larger amounts, so you have less possible issues with third party custodians.  You also likely have to realize that there is no guarantee that your BTC will outperform your cash or other places you could have had invested your money, so you should be figuring out an allocation size into bitcoin that is comfortable for your balancing of your cash versus your investment into bitcoin versus your investment into anything else if you have other investments.

You are absolutely right, money kept in the bank and the one invested in Bitcoin, the return will be very different and off cause the one in Bitcoin will be more than the one in the bank and if actually one is saving them they both can bring return but not in same percentage. And one of the reason why I prefer keeping or investing in Bitcoin is that I can't easily take or withdraw unlike bank where I can easily withdraw and used it up .

[Cryptoprincess101]

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

Of course, DCA method is one of the ways of accumulating on a regular basis, yet I see no problem keeping some money in banks or however, you might be holding your fiat too, but yeah, with the passage of time, if you keep building your bitcoin holdings, then it will presumptively get larger and larger quantity of BTC contained therein, and if the BTC price goes up then overall, you would have good chance to have better returns with your BTC money as compared to having had kept such money in the bank. 

You do likely have to secure your BTC in private ways, especially as they get to become larger amounts, so you have less possible issues with third party custodians.  You also likely have to realize that there is no guarantee that your BTC will outperform your cash or other places you could have had invested your money, so you should be figuring out an allocation size into bitcoin that is comfortable for your balancing of your cash versus your investment into bitcoin versus your investment into anything else if you have other investments.

You are right JJG, some folks do think that as they are hodling in bitcoin that there is need for them to also accumulate cash and save it in the bank because they feel that if they don't accumulate Fiat, an emergency need might come up in the future where they will be left with the option of selling part of their bitcoin, so in order not to encounter such circumstances at a point while they're accumulating bitcoin, makes them think that if they have some cash in the bank it will enable them to use the money to sort out any emergency that would have led them to selling part of their bitcoin.
      It is a wrong investment practice to be accumulating bitcoin and also accumulating Fiats as savings. Apart from keeping emergency funds that will take care of any emergency need that may arose in the future, i see no reason why a bitcoin investor will come up with the idea of accumulating bitcoin and also at same time accumulating Fiats because bitcoin gives more privacy and complete ownership over your money and has the tendency to grow with time unlike Fiats that are in the custody of a third party (banks), of which instead of your money experiencing growth, it will rather reduce as a result of some charges being deducted by the bank for either account maintenance or other needless charges in form of service fees.
       Even if there is no guarantee that bitcoin will outperform cash, but having a self-custody of your money should be taking of high priority especially if you have a huge amount of money. The comfort, privacy, self-custody and the ability to make larger transactions without a limitation is the kind of freedom and privileges that any bitcoin holder enjoys as against a cash holder. There is need for a bitcoin investor to figure out a way of keeping money in Fiats and accumulating bitcoin such that his investment amount in bitcoin should not be equal with the amount he has kept in Fiats, the amount stored in bitcoins should be way higher than the amount kept in cash for emergency needs.

[JayJuanGee]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."
Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

We are in a thread in which we are largely talking about long term, yet you seem to want to talk about trading.  So you are saying don't come in now if you are in bitcoin for the short term, and even that is a strange statement, like you are expecting the BTC price to dip from here?

We talking about the same thing. We close to a temporary ATH and I wouldn't want any entering it their mindset is short term in case there's a minor dip.
Most likely people tend to sell and start getting swayed by blogs that suggests Bitcoin is going to $70K.
I believe we are going bigger doesn't mean others are
And if they hold, There would be no need in been scared of Buying Now.
In a nutshell, I'm advising against trading not encouraging it.

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."

Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Not an advice. I don't encourage any FOMO. It's counterproductive
Don't enter if you know you init for the short Term.

Your statement is sounding more bearish, of which I don't really agree with that. For the fact that you are advising certain set of people to stay away from it shows that the price is about to dip from here until 2026 which I believe is wrong.

I'm quite certain that the number of people more bullish about Bitcoin here is few.
I don't give advice without letting others know there are risks.
I shared the post because I agreed with the view
We ain't seeing this prices again and might not in 2026 when we are supposed to enter a Bearish Market.

Again not an advice, Just my personal opinion.

Even though you claim to be clarifying, you still seem to be waffling in what you are saying, since you seem to be worried that you are going to get blamed if you tell someone to start buying and then the BTC price dips after they already bought.

If someone is brand new to bitcoin, then I suggest to get started as soon as possible, and waiting is not a strategy.

Also, I suggest that they do not even pay attention to BTC prices, just continue to buy for 4-10 years or longer and perhaps at various points along the way they can adjust their strategy.

Many people would be coming in a DCA kind of a style if they are a beginner, yet if they have a lump sum available, then they could consider how they are going to treat the lump sum in terms of buying right away or employing various forms of waiting.

Of course, the three accumulation methods is buying right away, DCA and buying on dips, and perhaps a person with a lump sum could invest some right away and set some portion aside for buying on the dip, with a risk that a dip may or may not come.

In the end, they are responsible for their own actions including if they decide to delay or wait rather than getting started right away, and surely another way of being concerned about starting right away is with adjusting the position size, yet no matter what there is likely going to be some learning that is involved, and that learning is their responsibility, and one of the better ways to learn is by getting started and figuring out position size in accordance with discretionary income and to learn as they go with some amount that is comfortable to them with the risk that not investing is likely a greater risk than investing, even though it could take several years of ongoing investing into bitcoin before the  Bitcoin starts to become profitable, yet none of us is going to know where the BTC price is going to go, including waiting seems like a really poor strategy, and yeah if some one only has $100 per week that they can invest then so be it, and if they only have $10 per week then yeah, they are struggling more, but I still have trouble considering that whatever amount they are starting with is advantaged by waiting rather than putting the money in as long as they are also making sure that they work on their cashflow management practices as we also discussed, which may well be a need to build a back up fund (like an emergency fund) at the same time that they are investing into bitcoin in the event that they don't already have some back up funds built up...and they do not need emergency funds prior to getting started, but they do need to have discretionary funds and their emergency funds and their buying into bitcoin can be built up at the same time, and it could take them several months and maybe even a year or more, just to build up their BTC investment and their emergency funds to be something in the ballpark of 3 months of their expenses.

I think several of us repeat many times to not be getting worked up about price when new to bitcoin, yet so many people, including you Ambatman, seem to be getting distracted by price... so yeah, do what you like and if the price hinders you from acting, then you are the ONLY one responsible for that.  You are responsible if you act and you are also responsible if you fail/refuse to act, and surely over the years one of the BIGGER problems seems to be so many folks who fail/refuse to act and they remain low coiners and no coiners because they continue to be unable to get themselves out of what seems to be a state of paralysis.

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

Of course, DCA method is one of the ways of accumulating on a regular basis, yet I see no problem keeping some money in banks or however, you might be holding your fiat too, but yeah, with the passage of time, if you keep building your bitcoin holdings, then it will presumptively get larger and larger quantity of BTC contained therein, and if the BTC price goes up then overall, you would have good chance to have better returns with your BTC money as compared to having had kept such money in the bank.  

You do likely have to secure your BTC in private ways, especially as they get to become larger amounts, so you have less possible issues with third party custodians.  You also likely have to realize that there is no guarantee that your BTC will outperform your cash or other places you could have had invested your money, so you should be figuring out an allocation size into bitcoin that is comfortable for your balancing of your cash versus your investment into bitcoin versus your investment into anything else if you have other investments.

You are absolutely right, money kept in the bank and the one invested in Bitcoin, the return will be very different and off cause the one in Bitcoin will be more than the one in the bank and if actually one is saving them they both can bring return but not in same percentage. And one of the reason why I prefer keeping or investing in Bitcoin is that I can't easily take or withdraw unlike bank where I can easily withdraw and used it up .

If you don't keep some money in the bank then where are you going to keep it?

Sure maybe you deal with cash, but you might have bills and then you might have to keep some cash reserves, emergency funds and float, where you going to keep that money?  all in physical cash?   I am not agains physical cash if that is how you deal with matters, but it seems that if you are able to have bank accounts then you would be using banks as a way to keep money, even if it might not earn you anything.  Sure some banks pay interest, but some also charge fees too depending on what you are doing in relation with your account.

I suppose that I was mostly responding to the earlier comment that was suggesting to keep money in bitcoin but to not keep any money in banks, which seems a bit impractical, even though I know that some folks are unbanked and they also have difficulties getting bank accounts, so if you are not able to get a bank account anyhow, then maybe you don't have any issues, even though bank accounts can have various useful purposes... including sometimes building credit in traditional financial systems and appearing to be a regular person without raising a lot of red flags...sometimes bank accounts can help to lessen the raising of red flags if you have them and you use them for some of your cashflow management matters whether income related or expense related.

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
  Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

Of course, DCA method is one of the ways of accumulating on a regular basis, yet I see no problem keeping some money in banks or however, you might be holding your fiat too, but yeah, with the passage of time, if you keep building your bitcoin holdings, then it will presumptively get larger and larger quantity of BTC contained therein, and if the BTC price goes up then overall, you would have good chance to have better returns with your BTC money as compared to having had kept such money in the bank. 

You do likely have to secure your BTC in private ways, especially as they get to become larger amounts, so you have less possible issues with third party custodians.  You also likely have to realize that there is no guarantee that your BTC will outperform your cash or other places you could have had invested your money, so you should be figuring out an allocation size into bitcoin that is comfortable for your balancing of your cash versus your investment into bitcoin versus your investment into anything else if you have other investments.

You are right JJG, some folks do think that as they are hodling in bitcoin that there is need for them to also accumulate cash and save it in the bank because they feel that if they don't accumulate Fiat, an emergency need might come up in the future where they will be left with the option of selling part of their bitcoin, so in order not to encounter such circumstances at a point while they're accumulating bitcoin, makes them think that if they have some cash in the bank it will enable them to use the money to sort out any emergency that would have led them to selling part of their bitcoin.
      It is a wrong investment practice to be accumulating bitcoin and also accumulating Fiats as savings. Apart from keeping emergency funds that will take care of any emergency need that may arose in the future, i see no reason why a bitcoin investor will come up with the idea of accumulating bitcoin and also at same time accumulating Fiats because bitcoin gives more privacy and complete ownership over your money and has the tendency to grow with time unlike Fiats that are in the custody of a third party (banks), of which instead of your money experiencing growth, it will rather reduce as a result of some charges being deducted by the bank for either account maintenance or other needless charges in form of service fees.
       Even if there is no guarantee that bitcoin will outperform cash, but having a self-custody of your money should be taking of high priority especially if you have a huge amount of money. The comfort, privacy, self-custody and the ability to make larger transactions without a limitation is the kind of freedom and privileges that any bitcoin holder enjoys as against a cash holder. There is need for a bitcoin investor to figure out a way of keeping money in Fiats and accumulating bitcoin such that his investment amount in bitcoin should not be equal with the amount he has kept in Fiats, the amount stored in bitcoins should be way higher than the amount kept in cash for emergency needs.

Your vision of the use of the bank and how much cash to have seems to differ from mine, and surely there are likely going to be a variety of ways to keep money, and if you ONLY have money in bitcoin and merely your emergency fund as physical cash, then you may well end up not having as many options as you might have if you have money in a variety of ways, and sure when we are in our earliest stages of building our bitcoin holdings we might not even have very much cash, yet I think that the more and more bitcoin that we have, then the more and more likely that we  are going to want to keep cash in a variety of ways in order that we have a variety of ways to take care of our expenses and so we are not forced to ONLY have our bitcoin to rely upon.

Another thing there is likely some value to be working within various traditional financial systems, even if there is only keeping the appearance of working within such systems, so I would think that the richer we become, even if only on paper with our bitcoin, then we likely need to have systems in place so that we are not raising red flags when we are starting to spend our bitcoin.  Sure it could be possible that we are going to be able to find places to spend our bitcoin in peer to peer ways or maybe we think that when it comes time to spend our bitcoin, we will figure that out later, like 15 years or more down the road.  Sure there maybe some truth with that, yet I think that there may be some practicality that sometimes will come with having various options whether they are fiat based options or bitcoin based options, and maybe it is a bit difficult to talk about these various options, since the options of guys is going to vary quite a bit, and surely there are going to be some guys who are wanting stay separate from fiats systems, which could have its own trade offs... and maybe if anything my main point might be that there is utility with having various systems even if NOT all of the capital is working capital, and sure the bitcoin investment is meant to be working capital that might take way more than 10 years before it is even touched beyond building it and maybe if it is spent it is spent and replaced.

[G_Besar]

You are absolutely right, money kept in the bank and the one invested in Bitcoin, the return will be very different and off cause the one in Bitcoin will be more than the one in the bank and if actually one is saving them they both can bring return but not in same percentage. And one of the reason why I prefer keeping or investing in Bitcoin is that I can't easily take or withdraw unlike bank where I can easily withdraw and used it up .

I also quite understand what you are saying, but from what I see in the daily environment when someone stores money in the bank, they will actually not get anything except the amount of money they save and if the amount they save is very small, clearly there will be no interest whatsoever that they will get from the bank except for one savings specifically in their local bank. In addition, you can prove it yourself when you save more money in the bank it will actually make it difficult for you to withdraw it in a day if the amount you withdraw is very large.

This means that you can conclude that saving more money in the bank is actually not safe enough and also will not make it easy for you to withdraw it all at once in a matter of hours. It is different with customers who save money in small amounts so that they can immediately withdraw it in minutes whenever they want. While in Bitcoin anyone can save it very safely and can withdraw it whenever they want in larger amounts without being asked specific questions such as what the money is used for and where to take that much money

So what you said is actually a bit reversed from what I have seen so far because banks are not the only safest place to save money even though everyone in the world may still have a bank account for certain purposes. But it is better not to keep money in the bank for too long, especially if the amount itself is very large so that the customer can be monitored by the tax authorities because they have more assets in the form of money in your own account.

[Mayor of ogba]

So don't be among those that are going to regret missing out again.

"Just a quick word of caution here. Bitcoin is about to go parabolic again. If you get the opportunity to buy Bitcoin one last time under $90,000 this week, be prepared to take it. We won’t see these prices again until 2026, if ever. Take care and Godspeed."

Reference link https://x.com/mikealfred/status/1858153905429102904?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Stop spreading fear and panic in this thread. Your action would make newbies in this thread invest in bitcoin in a way that it will stop them from sorting out their daily expenses because they will believe if they don't invest in bitcoin aggressively now it will be too late for them to do that, which might get them off the game, partially or permanently. As far as bitcoin investment is concerned in this thread, we are long-time investors and not panic investors, and even though bitcoin price is a bit high now, it will not make us change our initial strategy we have been using in accumulating bitcoin. We are even happy to see the bitcoin price at $90k, so keep calm and allow us to do things in our own way.

[bitzizzix]

You are absolutely right, money kept in the bank and the one invested in Bitcoin, the return will be very different and off cause the one in Bitcoin will be more than the one in the bank and if actually one is saving them they both can bring return but not in same percentage. And one of the reason why I prefer keeping or investing in Bitcoin is that I can't easily take or withdraw unlike bank where I can easily withdraw and used it up .

I also quite understand what you are saying, but from what I see in the daily environment when someone stores money in the bank, they will actually not get anything except the amount of money they save and if the amount they save is very small, clearly there will be no interest whatsoever that they will get from the bank except for one savings specifically in their local bank. In addition, you can prove it yourself when you save more money in the bank it will actually make it difficult for you to withdraw it in a day if the amount you withdraw is very large.

This means that you can conclude that saving more money in the bank is actually not safe enough and also will not make it easy for you to withdraw it all at once in a matter of hours. It is different with customers who save money in small amounts so that they can immediately withdraw it in minutes whenever they want. While in Bitcoin anyone can save it very safely and can withdraw it whenever they want in larger amounts without being asked specific questions such as what the money is used for and where to take that much money

So what you said is actually a bit reversed from what I have seen so far because banks are not the only safest place to save money even though everyone in the world may still have a bank account for certain purposes. But it is better not to keep money in the bank for too long, especially if the amount itself is very large so that the customer can be monitored by the tax authorities because they have more assets in the form of money in your own account.

I consider saving in a bank with Bitcoin to be the most prominent, because Bitcoin is resistant to inflation and its value will continue to increase and if you only rely on savings, the value of your money will be eroded or even continue to decrease and will not be resistant to inflation.
Saving your money in the form of Bitcoin is a good choice and also very profitable compared to saving money in a bank that will never change or increase, unless you put a large amount of money with the deposit method and even then it will not produce good profits.
And you are right, if you really need money, you can use it or cash it out quickly. It doesn't mean that you invest in Bitcoin, you can't use it if you need it and having Bitcoin makes everything easier than money because having Bitcoin is completely in our own control and we are the bank.

[Sim_card]

You are absolutely right, money kept in the bank and the one invested in Bitcoin, the return will be very different and off cause the one in Bitcoin will be more than the one in the bank and if actually one is saving them they both can bring return but not in same percentage. And one of the reason why I prefer keeping or investing in Bitcoin is that I can't easily take or withdraw unlike bank where I can easily withdraw and used it up .

I also quite understand what you are saying, but from what I see in the daily environment when someone stores money in the bank, they will actually not get anything except the amount of money they save and if the amount they save is very small, clearly there will be no interest whatsoever that they will get from the bank except for one savings specifically in their local bank. In addition, you can prove it yourself when you save more money in the bank it will actually make it difficult for you to withdraw it in a day if the amount you withdraw is very large.

This means that you can conclude that saving more money in the bank is actually not safe enough and also will not make it easy for you to withdraw it all at once in a matter of hours. It is different with customers who save money in small amounts so that they can immediately withdraw it in minutes whenever they want. While in Bitcoin anyone can save it very safely and can withdraw it whenever they want in larger amounts without being asked specific questions such as what the money is used for and where to take that much money

So what you said is actually a bit reversed from what I have seen so far because banks are not the only safest place to save money even though everyone in the world may still have a bank account for certain purposes. But it is better not to keep money in the bank for too long, especially if the amount itself is very large so that the customer can be monitored by the tax authorities because they have more assets in the form of money in your own account.

I consider saving in a bank with Bitcoin to be the most prominent, because Bitcoin is resistant to inflation and its value will continue to increase and if you only rely on savings, the value of your money will be eroded or even continue to decrease and will not be resistant to inflation.
Saving your money in the form of Bitcoin is a good choice and also very profitable compared to saving money in a bank that will never change or increase, unless you put a large amount of money with the deposit method and even then it will not produce good profits.
And you are right, if you really need money, you can use it or cash it out quickly. It doesn't mean that you invest in Bitcoin, you can't use it if you need it and having Bitcoin makes everything easier than money because having Bitcoin is completely in our own control and we are the bank.

I fail to agree anymore with you on the bolded text.
You shouldn't touch the bitcoin that you are investing because you need money, and look at how you make it sound which means that instead of me keeping cash for my basic needs, I shouldn't but buy bitcoin with it, and whenever I need to buy something, I can spend from the bitcoin I just bought. Then why buy it and say that you are investing when you are not but only gambling, because this your practice will make you run at loss by selling your bitcoin at a cheaper rate when you have a need.

When you are investing in bitcoin, you should only use your discretionary and if you don't have discretionary income, there's no need for you to buy bitcoin because it's useless and a poor financial management practice. You are to use part of your discretionary income that is not going to affect you from taking care of your needs at all, so that you can use that amount to bw buying bitcoin weekly with DCA, so that you can stay or live without selling your bitcoin and hodli for long while you continue buying and buying your portfolio overtime with all seriousness.

It is good to also set up an emergency funds of 3-6 months of your monthly income to take care of whatever emergency that comes your way, so that you don't sell part of your bitcoin to care of it. It good go be building and growing so that you can see how far you have gone in your bitcoin investment than selling what you are buying.

[Litzki1990]

Those who have started investing consistently even a few months back have already got good amount of profit from their investment. It was beyond everyone's imagination that the market would suddenly cross $90K from $50K. However, due to consistent investment, many investors have made good use of this profit opportunity. As the Bitcoin market is currently at its highest point, we cannot assume that the market will dump again from here. It may be that Bitcoin's value has increased by then but many investors will regret why they didn't invest during the $90K like many are doing now. It is difficult to tell when the market will go in which direction so if we continue to invest consistently then this investment will definitely not disappoint us rather we will definitely get something good from this continuous investment.

[Promocodeudo]

Aren't we presuming that with the passage of time that the BTC price is going to continue to rise, yet we cannot necessarily that the BTC spot price is going to rise or fall in the short term, even if we might realize that there is a kind of ongoing and ever-present pressure upon it to go up in price that comes from its ongoing adoption (including that we are in early stages of its adoption too).

I don't imagine that sir, what's on my mind right now is to keep buying. I'm still not satisfied with what I have and I wish I had more time to buy bitcoin when it was still under $100k.

With my high hopes for bitcoin, I always focus on buying more aggressively once a month, I do that to reach my target earlier than I expected.

As I know, bitcoin adoption continues to advance very rapidly, currently many countries are competing to buy bitcoin.

Can we predict that Bitcoin will become number 2 as the largest asset today, I'm sure it will be achieved over time.

I love the zeal you got their buddy, Bitcoin future upsurge is unimaginable thats why it's advisable for everyone to keep doing the needful, sometimes I just wonder why some perons still doubt this digital asset called Bitcoin, Bitcoin has shown that it has the potential needed for it to be trusted, I stay away from anything that will discourage me to stop doing my thing as a bitcoiner, when I stumble on this comment yours I laughed and said in my mind that this should be the mindset of every bitcoiner thats aiming to have a good stack of Bitcoin in their portfolio in the future.
As for the adoption of Bitcoin, people has started knowing the importance of buying Bitcoin asset, some has been waiting to buy for a long time because of doubt  but they have decided to buy now which is also fine but would have been better earlier because if they did earlier, they would have had a reasonable amount of Bitcoin in their portfolio by now but I don't also think that it's late since they have retraced steps.

Bitcoin is really getting more adoption, the recent rapid upsurge has really done great for the adoption of Bitcoin by individuals and institutions, I think this is a good news for bitcoiners, more surprises are on the way but they only way we can achieve that is by continuously accumulating and hodling for a long-term.

[Stablexcoin]

I consider saving in a bank with Bitcoin to be the most prominent, because Bitcoin is resistant to inflation and its value will continue to increase and if you only rely on savings, the value of your money will be eroded or even continue to decrease and will not be resistant to inflation.
Saving your money in the form of Bitcoin is a good choice and also very profitable compared to saving money in a bank that will never change or increase, unless you put a large amount of money with the deposit method and even then it will not produce good profits.
And you are right, if you really need money, you can use it or cash it out quickly. It doesn't mean that you invest in Bitcoin, you can't use it if you need it and having Bitcoin makes everything easier than money because having Bitcoin is completely in our own control and we are the bank.

You are getting it all wrong. Investment, savings, business, emergency funds and to mention a few others. All are essential in our life. We cannot do some and leave the others. All are important because they takes care of certain responsibilities when you need. The essence of investing is to be wealthy and that is why it is a long term plan. Savings is done when you want to start up a business or your planning for ceremonial event (marriage or any) in the future which you dont expect to touch your investment. Your emergency funds is for unexpected life events that comes at any time. It could be health, or utility bills.

So you see, all of them have a part to play in our lives. While we skip one or more we tend to find ourselves in a difficult situation where we can be pushed to make wrong decisions that can affect us.