Buy the DIP, and HODL!

[Churchillvv]

Sometimes people intend to put their self into difficulty by trying to use money meant personal needs to invest into Bitcoin not knowing that Bitcoin investment is a longer time money for Bitcoin investment should be money you won't be needing for long just like you have said that it should come from your discretionary income.

Perhaps I usually refer people to one of JayJuanGee's works ( JJG’s Outline of Bitcoin Investment Ideas) and I recommend using his strategies of self examination before investing in bitcoin, its paramount that any one investing in bitcoin should first look in to what JayJuanGee calls 9 principle individual factors, if one properly consider this 9 individual factor he or she wouldn't find themselves struggling with his investment as it has solved a lot of problems that might occur in future. unforseen circumstances cannot be avoided hence one needs to prepare for them but properly examining his or her incoming using the said strategy.

Also waiting for the dip will only delay your Bitcoin investment journey because sometimes it may not even dip investor who can choose to wait for the dip before accumulating Bitcoin are properly those that has gotten to their Bitcoin accumulation target or those that has been accumulating Bitcoin for the past 8 years or more may decide to little by little during the dip but for new investors is a wrong idea to wait for the dip that's why the DCA strategy is there to help an investor accumulate Bitcoin gradually regardless of the price and continue hodling, the dip should only be an opportunity for an investor to accumulate enough Bitcoin and HODL.

You're right! waiting is not always a good idea even in other investment especially bitcoin because the expect entry price may not come hence one is liable to miss out for this single reason. and this one of the reason why DCA method is widely encouraged to prevent the complaints that came from people who sticked to buying the dips as some came in late because they where hoping for a retracement in bitcoin price while the market was full in a positive move and hence they couldn't enter as they expect. Perhaps I do not discourage any investment strategies but it's best to remain consistent with an amount you can afford to do without for a long period than go all in and struggle with selling which is never an option.

[MusaPk]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

[EarnOnVictor]

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.

My goal is to be able to get the bitcoin using the DCA method, no matter how long it takes me but even if the price of bitcoin Increases I will continue to accumulate anyway, I don't care, seeing that the money in fiat increases there are Emotions , but more emotions seeing that the satoshis grow, and that is what many should see that a bitcoin is that, a btcoin, which is the goal, I hope this can be done for more, but I'm sure that if I make 1 btc then I will continue to make the 2nd, that's the idea , that's the purpose of this.

By virtue, anyhow you plan your investment in Bitcoin is not the issue, just continue to have that stash of it until your joy is full. The DCA approach is good but some are just buying when they have extra money regardless of the price, they use it as their means of "savings" instead of wasting their money in bank accounts. That was what I did between 2022 and 2023, and today, I tell you that I am very happy with the decision.

You are very wrong; if you don't plan your bitcoin investment in the right way, I bet you will sell your bitcoin investment along your accumulation journey just to survive. For instance, if you use the money that is meant to sort out your daily expenses to accumulate bitcoin or you use your whole money to invest in bitcoin, you will end up selling your bitcoin even though you are at a loss to sort out your daily expenses. We should always use the money that we will not be needing for like 4-10 years or more to invest in bitcoin. so that we will not be in a hurry to sell our bitcoin investment, which will allow us to hold our bitcoin for a long time.

Says who? Your reply to my post is just unnecessary, do you think you are talking to just a random investor who lacks experience? The issue with some of you is that you are too fond of yourself, and perhaps you don't read one's post very well or just don't think it through properly before you start ranting. Where did I write that you use the money for a pressing need to buy Bitcoin? Go back to read it, but this time, let it stick, I wrote "extra money." Now go to your dictionary to check the meaning of "extra" perhaps it will educate you better.

[Obari]

Sometimes people intend to put their self into difficulty by trying to use money meant personal needs to invest into Bitcoin not knowing that Bitcoin investment is a longer time money for Bitcoin investment should be money you won't be needing for long just like you have said that it should come from your discretionary income.

Perhaps I usually refer people to one of JayJuanGee's works ( JJG’s Outline of Bitcoin Investment Ideas) and I recommend using his strategies of self examination before investing in bitcoin, its paramount that any one investing in bitcoin should first look in to what JayJuanGee calls 9 principle individual factors, if one properly consider this 9 individual factor he or she wouldn't find themselves struggling with his investment as it has solved a lot of problems that might occur in future. unforseen circumstances cannot be avoided hence one needs to prepare for them but properly examining his or her incoming using the said strategy.

Also waiting for the dip will only delay your Bitcoin investment journey because sometimes it may not even dip investor who can choose to wait for the dip before accumulating Bitcoin are properly those that has gotten to their Bitcoin accumulation target or those that has been accumulating Bitcoin for the past 8 years or more may decide to little by little during the dip but for new investors is a wrong idea to wait for the dip that's why the DCA strategy is there to help an investor accumulate Bitcoin gradually regardless of the price and continue hodling, the dip should only be an opportunity for an investor to accumulate enough Bitcoin and HODL.

You're right! waiting is not always a good idea even in other investment especially bitcoin because the expect entry price may not come hence one is liable to miss out for this single reason. and this one of the reason why DCA method is widely encouraged to prevent the complaints that came from people who sticked to buying the dips as some came in late because they where hoping for a retracement in bitcoin price while the market was full in a positive move and hence they couldn't enter as they expect. Perhaps I do not discourage any investment strategies but it's best to remain consistent with an amount you can afford to do without for a long period than go all in and struggle with selling which is never an option.

This is my first time on this thread if I’m not wrong 😑
Not everyone truly understand the DCA, and a lot of people to understand how to apply it but to break it down, DCA simply has to do with consistent buying of bitcoin at every possible time regardless of the market price and every other factor.
Over the time, it has always been advices that bitcoin investment shouldn’t be treated like a get rich quick scheme just like the way most misinformed investors see it to be and that’s why, it is always advisable to use money that isn’t intended for other things to invest in bitcoin but rather using the money left after all our bills have been paid and money for every other things have been set aside as this will help the investor not to temper with their investment.

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

Personally I think this is a welcome development and another hope for all holders because at this point there is more hope to hold more as it is now believed that bitcoin is here to stay, just as bitcoin has continually proven itself to be reliable.
I know the massive rise in the price of bitcoin will also attract a lot of investors and a lot of people are already looking and expecting the price of bitcoin to hit $200k which will know is achievable but I think we shouldn’t amount any pressure and over expect so much h from bitcoin as it already done so much but rather will should ride with the wave and accommodate more of it.

Goodluck and we’re now rooting for $150k😊

[JayJuanGee]

i might not totally agree with you that while investing in  bitcoin you should just set up a plan of accumulating 2 bitcoin and use the whole of your life in getting to that planned figure.

Yeah it is of the nature of every investors to dream big about their future accomplishment, so setting a reasonable target is good way to start the process but not every target is encouraged, so actually I would say that having a set target of 2 Bitcoin to achieve in all of his life does not sound like a target because the conviction will be very low and as the time goes you will start losing interest because of the belief that you still have a good number of years ahead of you to meet up and from such mindset other things will come in play and occupy your mind from thinking about your investment, meanwhile as we normally talk about few years targets is better because it gives us the discipline that whatever thing we do we have something very important to reach out and that idea will now be installed on our head.

I personally don't have a set target for the number of Bitcoin that I want to accumulate into the future, because I don't want to put myself into unnecessary pressures to achieve the goal by all means. Although there's nothing wrong with setting a soft target for yourself into the future, perhaps in 10 years time to achieve a reasonable amount of Bitcoin but there's no need to over labor yourself or deny yourself of basic needs that are essential to live a healthy lifestyle because you want to accumulate 1 or 2 Bitcoin within the timeframe.

To me, it seems best to be a bit loosey goosey with your longer term targets, and perhaps if you are brand new to bitcoin, you might want to try to achieve the investment of at least 2 years of income into bitcoin in the next 10 years, and so that would mean that you are aiming to invest at least 20% of your income into bitcoin, yet you might not know how many bitcoins that will get you or what the exchange rate will be or whether bitcoin might go up or down during that time and/or by how much.  So you are controlling for what you can, including that you might not even be sure if you can maintain a steady income for the next 10 years, yet you are going to strive to maintain a steady income, which surely is something more in your control rather than figuring out how many BTC you might have had been able to reach in such a time.. yeah, you might still have some ballpark ideas, yet you might still be guessing too much upon too any unknown variables during such time frame.

DCA method for example gives you the ease to accumulate according to your income at any particular time, no need to overpressure yourself and miss out on having a meaningful life by overstretching yourself in the cause of wanting to meet up with unrealistic targets that your income can not accommodate. It'll be unwise to stash your bag with a reasonable amount of Bitcoin in the future then not be in good health or sound mind to enjoy part of it in your retirement or worse don't even be alive to enjoy it. What I focus on is the percentage of my income that I set aside for my DCA method, that is where I have a constant for my accumulation, not the amount of Bitcoin that I must have in my retirement.

Yep.. DCA allows us to choose whether we want to be aggressive or whimpy in our BTC accumulation...and we are able to structure our level of DCA in accordance with our discretionary income, so if we are spending most of our discretionary income on BTC, then that would be considered aggressive.  There is nothing wrong with being aggressive, as long as it is not overly aggressive.

[edited out

The level of your consistency irrespective of you investment amount can as well be seen as an aggressive investment, for example if you are comfortable making use of 50$ weekly or monthly that is your own level of aggressiveness another person can as well be comfortable investing 100$ either weekly or monthly which are all within their level of discretional income since we are all coming in to Bitcoin with different financial status or income flow. However, for me I don't think aggressive investment is proportional to investing under pressure.

Generally speaking aggressiveness versus whimpiness has to do with the level of your discretionary income, so if a guy (Guy 1)has a $2k per month of income, and $1,500 expenses, and if he choose to invest anywhere between $80 to $125 per week that would on the side of aggressive, and if he chose to invest $1 to $20 per week, that would be on the side of whimpy.


Sure there can be differing levels of income and so guy 2 has and income of $20k per month (which is 10x higher than guy 1), and his monthly expenses are $15k, and for him investing $800 to $1,250 would be on the side of aggressive and $10 to $200 per week would be whimpy.

Of course there are other issues with guy 2 in terms of questioning whether his expenses need to be as high as they are, so guy 2 might have a lot of room to cut his expenses, as compared with guy 1 might not have as much room to cut expenses.

[Fara Chan]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

It is possible for some people who have been investing in Bitcoin for a long time or who have been buying Bitcoin gradually in previous years to enjoy some gains now that Bitcoin has passed the $100K price which is a very high support and resistance level for a long time. But I still think that for now there will still be a lot of holders and will not immediately release Bitcoin into the market when they see the price as high as today. Moreover, from some news that I have read recently, it is said that the United States will also be very pro Bitcoin and will make Bitcoin a fairly strategic state reserve asset by the end of this year.

In addition, Donald Trump himself also really likes Bitcoin so what he said about Bitcoin could have triggered more purchases by people who have a lot of money so that this extraordinary increase has occurred at the beginning of this month and of course this has been a very happy moment for Bitcoin holders so far because their hopes have been fulfilled through Bitcoin.



Source:

• https://pintu.co.id/news/116643-amerika-akan-menjadi-negara-paling-pro-bitcoin-pakar-membayangkan-cadangan-strategis-btc
• https://www.forbes.com/sites/digital-assets/2024/07/03/trump-sparks-talks-of-bitcoin-as-a-strategic-reserve-asset/

[Wind_FURY]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

The price of Bitcoin going back down to a $50,000 or a $70,000 price-point is TEMPORARY, and it's not a forecast, a theory, or a mere hypothesis. It's a FACT! Why? Because the Federal Reserve and many Central Banks around and across many regions around the globe are always printing money, and their government entities always increase government spending.

Satoshi "hacked" the financial system.

[JayJuanGee]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

The price of Bitcoin going back down to a $50,000 or a $70,000 price-point is TEMPORARY, and it's not a forecast, a theory, or a mere hypothesis. It's a FACT! Why? Because the Federal Reserve and many Central Banks around and across many regions around the globe are always printing money, and their government entities always increase government spending.

Satoshi "hacked" the financial system.

Your post is confusing.  The odds of bitcoin going below $70k again are getting pretty low, and might even be less than 50/50.

Also it is possible that sub $90k might not ever be seen again.. we may well get into the  $120k to $180k range before experiencing any kind of meaningful correction.. and even then there is still quite a few months in 2025 that we could have UPpity.. maybe it could be half of 2025 or maybe all the way to the end or maybe even into the first half of 2026. 

I am not going to proclaim to know, even though I anticipate volatility in the form of up, down and flat in the next 3 to 18 months... and I don't expect down first, but hey you never know, but seemingly low odds at this point.

[avp2306]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

The price of Bitcoin going back down to a $50,000 or a $70,000 price-point is TEMPORARY, and it's not a forecast, a theory, or a mere hypothesis. It's a FACT! Why? Because the Federal Reserve and many Central Banks around and across many regions around the globe are always printing money, and their government entities always increase government spending.

Satoshi "hacked" the financial system.

Your post is confusing.  The odds of bitcoin going below $70k again are getting pretty low, and might even be less than 50/50.

Also it is possible that sub $90k might not ever be seen again.. we may well get into the  $120k to $180k range before experiencing any kind of meaningful correction.. and even then there is still quite a few months in 2025 that we could have UPpity.. maybe it could be half of 2025 or maybe all the way to the end or maybe even into the first half of 2026. 

I am not going to proclaim to know, even though I anticipate volatility in the form of up, down and flat in the next 3 to 18 months... and I don't expect down first, but hey you never know, but seemingly low odds at this point.

Imagine that dip prediction to come and it need major disturbance to make that price come into reality. Also for current situation where everything in favor with Bitcoin and also for its holders I guess that $70k is somehow impossible to happen for now.

What I possibly look forward to happen is maybe bitcoin would able to reach at $120k to $150k next year. I'm anticipating another big pumps will come in January especially that Trump administration will take over the seat of power together with promising mandate about making America great again with Bitcoin.

Its hard to assume that there would be a correction like that since everyone assumes for continue to experience bullish season or runs.

[Popkon6]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

If we are going to move forward with the goal of increasing Bitcoin, we should also focus on our investments, because our goal is the only one that indicates how we will keep our Bitcoin holdings alive for a long time. Because the price of Bitcoin will definitely improve and move further in the future, but if we do not have holdings, then we are zero. So we have to give the most importance to our holdings, it is better not to focus on the price of Bitcoin.
Whenever you rely on the price of Bitcoin, the decision to sell your holdings can come at any moment, and the greed for money will work inside you. In the end, you may be forced to sell your investments, that is why we have to give the most importance to Bitcoin holdings, not on the price of Bitcoin.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

I think the holders who sold at the full $100k price are fools. Whenever you focus on the price of Bitcoin, you can immediately fall prey to the unique investors who are fools. That is why the price of Bitcoin can hit $200k or even $500k in the future, it only depends on our future and we have to take the holding to the future, that is why our DCA method is the most important. Because it is possible to continue holding Bitcoin for a long time only by relying on the DCA method, I have kept my Bitcoin holding alive and have not sold it, I have given the most importance to Bitcoin holding, not the price of Bitcoin.

[Wind_FURY]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

The price of Bitcoin going back down to a $50,000 or a $70,000 price-point is TEMPORARY, and it's not a forecast, a theory, or a mere hypothesis. It's a FACT! Why? Because the Federal Reserve and many Central Banks around and across many regions around the globe are always printing money, and their government entities always increase government spending.

Satoshi "hacked" the financial system.

Your post is confusing.  The odds of bitcoin going below $70k again are getting pretty low, and might even be less than 50/50.

I didn't say that it will definitely be crashing back down to a $50,000 - $70,000 price-point, but if it does crash to that, it will be temporary and Bitcoin will start increasing in market valuation again. Because why? Money-Printing.

It's the same concept that Milton Friedman said about inflation. There was never an inflationary event without an increase of the money supply and an increase on government spending. And there was never a money printing event that didn't cause an inflation in the prices of goods and services.

[Nheer]

The number of years one has accumulated Bitcoin is not a criteria for such person to decide to buy the dip, I have never said buying the dip is bad but I have always said why buying the dip when we already know a good strategy to get this things done as we can all the time,
As an investor discretionary income should be available to enable you accumulate your bitcoin freely without being pressured to withdraw or stop your investment halfway.

How long a person is into bitcoin is not a criteria to adopting any strategy but buying the dip comes with it’s own risk and disadvantages especially when you are not into bitcoin for long, after using a huge amount probably more than you can afford to invest you expect things to be rosy and when things don’t go well you start getting worked up and panicking. This is what DCA strategy eliminates, you don’t have to invest much you just invest the little you can consistently at regular intervals that way you don’t have anything to worry about. It the best recommended strategy for beginners and it’s effective for everyone else.

If you plan out your investment well and practice the DCA strategy you will have reserve funds to cover up for other expenses and you wouldn’t have to worry about your investment or be pressured to sell them halfway.

If you are opportune to buy the DIP then do so, the whole idea is propelled towards accumulating quality amount of Bitcoin. It's about time we don't give a f**k about independent strategies, the best we can afford is the comfortability in terms of accessing and distributing funds inside our portfolio. Using the DIP is same way profitable as using DCA, either way around the journey someone with the DIP mindset can actually make more profit than person using the DCA approach, the actual reason is availability of investment capital at each point.

It’s not just about filling your portfolio there are other things related to investment that other strategies does not provide. All strategies might be aimed towards the same goal of accumulating Bitcoin but that doesn’t make them the same  each have their separate advantages. The DCA strategy is more advantageous because firstly it makes investments possible to a lot of less privileged people (people who don’t make much money), apart from reducing the risk of  trying to time the market it also encourages discipline by helping one to avoid making wrong decisions based on volatility of the market and also reduces emotional stress which mostly results to panic sells. Buying the dip doesn’t guarantee all this thats why DCA strategy is the best strategy.  

[Marvelockg]

I didn't say that it will definitely be crashing back down to a $50,000 - $70,000 price-point, but if it does crash to that, it will be temporary and Bitcoin will start increasing in market valuation again. Because why? Money-Printing.

It's the same concept that Milton Friedman said about inflation. There was never an inflationary event without an increase of the money supply and an increase on government spending. And there was never a money printing event that didn't cause an inflation in the prices of goods and services.

even though we can't completely rule out the possibility of such thing ever happening that bitcoin might possibly DIP again, thinking of bitcoin getting further down to $50k at this point when it looks as though the market might continue going up above this $100k might look like a statement that should be coming from an anti-bitcoinner and not from someone that is being bullish. and this is never to say that we shouldn't be realistic but should rather make speculation based on emotions.

we know that correction Afterall is an advantage for anyone that is doing his DCA and that it even helps the individual to buy bitcoin at a cheaper price, but the reality is that for us to go from this point down below $50k, it will only happen when there is a global crisis that affect the global economy which can also be a deliberate way some intended buyers like the government want to use so they can buy at a cheaper rate.

other than global crisis and the effect of buys and sells, i don't know much on how the effect of printing excess fiat can play such a big role in bringing bitcoin down to $50k.

[Wind_FURY]

I didn't say that it will definitely be crashing back down to a $50,000 - $70,000 price-point, but if it does crash to that, it will be temporary and Bitcoin will start increasing in market valuation again. Because why? Money-Printing.

It's the same concept that Milton Friedman said about inflation. There was never an inflationary event without an increase of the money supply and an increase on government spending. And there was never a money printing event that didn't cause an inflation in the prices of goods and services.

even though we can't completely rule out the possibility of such thing ever happening that bitcoin might possibly DIP again, thinking of bitcoin getting further down to $50k at this point when it looks as though the market might continue going up above this $100k might look like a statement that should be coming from an anti-bitcoinner and not from someone that is being bullish. and this is never to say that we shouldn't be realistic but should rather make speculation based on emotions.

 

Get the real context of the post, it wasn't about predicting about what price-point Bitcoin might end up. It was about Bitcoin's consistent growth in price from a zoomed out perspective because why? Because the Federal Reserve and the Central Banks around the world keep expanding the money supply.

Plus merely posting bearish price predictions doesn't make a person an "anti-Bitcoiner". Haha.

[Zackz5000]

I think the holders who sold at the full $100k price are fools. Whenever you focus on the price of Bitcoin, you can immediately fall prey to the unique investors who are fools. That is why the price of Bitcoin can hit $200k or even $500k in the future, it only depends on our future and we have to take the holding to the future, that is why our DCA method is the most important. Because it is possible to continue holding Bitcoin for a long time only by relying on the DCA method, I have kept my Bitcoin holding alive and have not sold it, I have given the most importance to Bitcoin holding, not the price of Bitcoin.

I don't buy the idea of calling investors who choose to sell at price $100k as a fool as people may choose to do what pleases them investors who has been accumulating Bitcoin for a very longer time now may choose to sell out little portion of their Bitcoin hodling and that doesn't make them a fool because they never sold all their hodling. But for those who just started accumulating Bitcoin new it is never advisable to start selling now because Bitcoin has hit $100 and more your most concern should be how to accumulate more Bitcoin and hodl because the price of Bitcoin which we are seeing as ATH now will definitely be dip in future time so let's keep increasing our Bitcoin stack by accumulating through the DCA strategy and continue to hodl in the next 4-10 and more.

[SuperBitMan]

Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

I think the holders who sold at the full $100k price are fools. Whenever you focus on the price of Bitcoin, you can immediately fall prey to the unique investors who are fools. That is why the price of Bitcoin can hit $200k or even $500k in the future, it only depends on our future and we have to take the holding to the future, that is why our DCA method is the most important. Because it is possible to continue holding Bitcoin for a long time only by relying on the DCA method, I have kept my Bitcoin holding alive and have not sold it, I have given the most importance to Bitcoin holding, not the price of Bitcoin.

You are wrong for calling those who sold at $100k a fool because there are people who has gotten to a fuck you stage and for them they have accumulated enough Bitcoin that can even take care of them even if they stop working and there are people who has been accumulating Bitcoin consistently for 10 years now and when Bitcoin was not up to $10k if this set of people sell some of there Bitcoin they are not foolish.

The reason why you are calling those who sold at $100k is because you think everyone into Bitcoin investment just started there accumulation 2 to 4 years ago and even if someone has hold for 5 years and sold at $100k he is not foolish.

[Greyhats]

Today we see Bitcoin going over 70k, we have been on a sideway run from the start of March to now. We saw a new ATH $73794 on 14 Mar, and have also seen some dips along the way. Anyone care to state how close they got to the dips over this period?

(Bitstamp USD$ prices on the daily chart)

20 Mar $60,760
17 Apr $59,629
01 May $56,500

From my own DCA data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

March $62,000
April $62,050
May $57,033

I didnt do any dip buying, but did triple my dca amounts from May. How did you all do dca or dip?

Couple of weeks late for my 3 month update but here goes. For this 3 month period we crabbed sideways, with ups and downs along the way.

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

24 Jun $58,456
05 Jul $53,550
05 Aug $49,557


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Jun $59,338 (DCA)
Jul $55,553 (DCA)
Aug $49,752 (DIP)

I did some dip buying along with my dca during this period. How did you all do dca and/or dip?

Time for my last update this year

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

06 Sep $52,546
10 Oct $58,867
05 Nov $66,798


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Sep $53,684 (DCA)
Oct $59,197 (DCA)
Nov $87,972 (DCA)

honestly looking at the prices of previous 2024 buys and the latest ATH $103,647 gives the warm fuzzy excitteeeess

March $62,000            ATH $103,647         +$41,647
April $62,050              ATH $103,647         +$41,597
May $57,033              ATH $103,647         +$46,614
Jun $59,338               ATH $103,647         +$44,309
Jul $55,553                ATH $103,647         +$48,094
Aug $49,752              ATH $103,647         +$53,895
Sep $53,684              ATH $103,647         +$49,963
Oct $59,197               ATH $103,647         +$44,450
Nov $87,972              ATH $103,647         +$15,675

Keep stacking :-)

[SmartCharpa]

Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.

The most exciting news is that the price of Bitcoin has now reached $100k. I have been expecting the day when I would be able to see the price of Bitcoin reach $100k since I have been hearing from people who are familiar with Bitcoin for a long time that it has reached $100k before. To be honest, with the huge change in the price of Bitcoin, this is fantastic news for long-time investors as well as those who bought more recently. Furthermore, only those who are unfamiliar with Bitcoin may sell off part of their holdings for the festive season or those who have been buying Bitcoin for the previous three years, it is not advisable for those who have not been accumulating Bitcoin for a year to sell any part of their holdings for the holiday season.

But this is only the beginning for Bitcoin, a bull run has been expected for the previous several months, but it is taking place at the end of the year. So those who haven't bought yet should do so immediately to continue building up, because Bitcoin could hit $150k by 2025, the earlier, the more profitable.

[ginsan]

~~
Time for my last update this year

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

06 Sep $52,546
10 Oct $58,867
05 Nov $66,798


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Sep $53,684 (DCA)
Oct $59,197 (DCA)
Nov $87,972 (DCA)

honestly looking at the prices of previous 2024 buys and the latest ATH $103,647 gives the warm fuzzy excitteeeess

March $62,000            ATH $103,647         +$41,647
April $62,050              ATH $103,647         +$41,597
May $57,033              ATH $103,647         +$46,614
Jun $59,338               ATH $103,647         +$44,309
Jul $55,553                ATH $103,647         +$48,094
Aug $49,752              ATH $103,647         +$53,895
Sep $53,684              ATH $103,647         +$49,963
Oct $59,197               ATH $103,647         +$44,450
Nov $87,972              ATH $103,647         +$15,675

Keep stacking :-)

Awesome, you get to take advantage of a good opportunity, keep doing it.
With the data you shared, it seems that purchases with DCA run every month.

But so far I can only say that your level of consistency is quite good by buying regularly. Will you make a purchase at the beginning of the month, in the middle of the month this in  December. Because some of the purchases you make often occur at the beginning of the month if I have noticed since March.

I also accumulate Bitcoin with DCA but my strategy is more comfortable with weekly until now.
As I discussed earlier, I want to act more aggressively in 2025, Well maybe it takes adaptation to launch the program on the accumulation that I planned in 2025. I have prepared various considerations, where this year I budgeted 11.2% of my income to invest in bitcoin and in the thoughts that I have planned of course I want to increase it to 15% in 2025. Hopefully it can go according to expectations and planning that I have set.

[terrific]

Those who have literally did the title, you we're all legends. 
And, that was epic. 

Again I say, $87k.$97k
Congratulations folks.

$100k was hit today but seeing some liquidation at $94k but recovered quickly to $96k. Still, congratulations everybody for reaching this far.