Buy the DIP, and HODL!

[Mayor of ogba]

Snip

Snip

Our investment is meant to be within the level of our discretional income wether in terms of increasing our investment allocations or maintaining it, it is more like gambling for any one to invest more than their level of  discretional income because they will end up using the money that is meant for others living expenses to buy Bitcoin and at such may end up running after your investment to solve your other needs, indeed the concepts that is more reliable is to approach our investment without any form of pressure, but if there is any good reason to increase our investment amount it is also good, but it shouldn't be done by seeing it as a stress.

Surely you may be right by saying that our investment is meant to be within the level of our discretion whether to increase or decrease, but don't also forget that we can also do better by increasing our level of income to be able to have a good accumulation power, through increase in discretion. We must not be stagnant or pegged at a constant price of accumulation or source of income or having a constant discretion. So surely we should be aggressive sometimes knowing that bitcoin is volatile and will not wait for anyone, Don't forget that as bitcoin increase so do the gass fee increases, if we are too comfortable with our accumulation strategy or tactic and or our level of discretion we may be disappointed when gas fee will be very high that sending our weekly DCA amount of bitcoin to non custodial wallet, may be equal to bitcoin gas fee. Lets assume $20 weekly DCA  plus $20 gas fee equal to $40 total expenses in assumption. except you change your weekly investment to monthly, to reduce the gas fee. So sometimes we can as well increase our investment when our level of expenses has reduced.  

There is nothing wrong increasing our cash flow which may apparently influence our investment allocations over time, perhaps there are also time when we may spend more or less in different weeks or months or receive bonuses in the office one can as well increase their investment amount, and when it comes to being aggressive that doesn't necessary means that it must be an increments in our investment allocation,

Increment is not specifically directed toward investment but however increment in your source of income which will help you increase your level of discretion which directly increase your accumulation. And the bonus we often get in work is not in any way included in the type of increment am talking about. Bonuses you received in your place of work is just an extra amount you can use to lump sum or buy bitcoin when it is dip or can be used for DCA for that particular week but doesn't mean it's a regular investment. In conclusion, I am not in any way assume that we should invest above our discretion but all I am saying is that we can do better if we increase our souce of income. Since increasing our souce of income will make us step up our level of weekly accumulation.

one can still be very aggressive even with as little as comfortable they can be, I must say this, there is need to prioritize comfort towards our Bitcoin investment, don't forget is for long term hence any investment decisions made by pressure will negatively influence our investment or shortened our plans, the point is to be comfortable in terms of whether you are increasing or decreasing your investment allocation.

I am not in support of investing under pressure. All I am saying Is that we should not prioritise being too comfortable and lazy about increasing our investment even as we are not investing under pressure. If may ask, How can you invest agresively as little as you can? When you know that aggressive investment is proportional to investing under pressure?

Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.

[Greyhats]

~~
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.

Hi Ginsan, thanks for comments.

For my purchases they are regular dca but the ones I have listed above each month are the lowest price i got my DCA buy in at. The point of this update/thread was just to show how close DCA gets to a monthly bottom. I usually do weekly and then sometimes i do random buys outside the schedule. For example in August I also did some dip buying, and I usually have a few buy order ladders set.

I was weekly since I started, then i increased my DCA amounts each year and then I also increased DCA amounts mid year when I got some extra money. I preferred to do this because if i put into ladder buys they may not hit and I wanted to accumulate as much as fast as possible. 11.2% is a really good allocation, and of course 15% is even better! I have noticed with my own journey, year over year I have increased my DCA budget. The really important thing is only do so within your means, dont over extend yourself or at least put yourself into a situation where you might. Its definitely a balancing act, you want more, you have conviction but you dont want to over extend either. Another consideration you could also think about year to year, is if your get a regular pay raise then shifting all of that into your DCA % could be a good idea. Everyones situation is different but you have proven to yourself  you worked in this years budget, and now the extra X% is not needed and can be diverted.

Lastly and something I learned along the way is I should have been even more aggressive than I was, I took a very low risk approach in and then over the years got more and more aggressive. In hindsight I could have been as aggressive in year one as I am now and still be ok.

It great you got your plan, now LFG!!! :-)

 

[Richbased]

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.

The price of bitcoin hitting $100k is really something of excitement but we should not be overjoyed because the price will still break other ATHs soon. However, bitcoin reaching $100k is not a call to sell your holdings to spend on frivolous things all in the name of celebrating the festive season. Perhaps, a lot of bitcoin investors earns in Fiat and they must have kept some money in FIATS to take care of festive period expenditures while their bitcoins are intact. No need to sell bitcoins simply because the price reached $100k, except for someone who has been a long time hodler and has a target of reaching $100k before they sell. 3 years is not enough to consider selling but it all depends on how much accumulation you have been able to make within those 3 years.

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.

We have since been in a bull run and all what we are seeing now is still part of the bullish trends and for the fact that the price has reached $100k means that $150k and above is possible in 2025, buy and hodl.

[JayJuanGee]

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.

Probably it would be foolish for anyone to be selling large portions of his BTC holdings at or around $100k, even if he has been in bitcoin for a long time.

Lastly and something I learned along the way is I should have been even more aggressive than I was, I took a very low risk approach in and then over the years got more and more aggressive. In hindsight I could have been as aggressive in year one as I am now and still be ok.

That is a very good point.  It is not easy to be aggressive in the beginning, since we are still learning about the investment, and surely one of the reasons that some of us attempt to emphasize getting started as soon as possible is because the more that we learn through being involved with bitcoin, the more we are able to set up both our finances and our psychology in order to be able to tolerate higher levels of aggressiveness in our BTC accumulation.

I woudn't kick myself too much for making mistakes because hindsight is frequently more clear, including showing us areas in which we can improve, and surely sometimes we might end up overcompensating in the other direction, and so no matter what we do, it can surely take time to build up an investment since frequently we ONLY have so much cash coming in that we can invest, and sometimes we have to hold some of that cash back in order to NOT make some mistakes, and frequently I look back at my own mistakes and I figure if their might be ways that I can tweak what I am doing in order to not make the same mistakes or to not go too far overboard on the other end, and surely, even our own brains can sometimes ONLY take so much change at a time... and we will go through our own internal dilemmas, so within that we realize that there is a pretty wide range of reasonableness and even some of the mistakes might not be as bad as we thought that they were, since we likely have some other things going on in our lives, and for example, if we had acquired $3k extra in October 2023 (and the then BTC price was around $27k), and we ended up dividing the amount up into three parts.. we bought $1k right away, we allocated another $1k for buying on dips and then we DCA'ed the last portion of $1k to add to our weekly DCA at an extra $100 per week over the next 10 weeks, and then afterwards we see that we would have had been way better off to just buy all right away, so then we have to figure out at any price point, if we are going to do it different if we were to get another extra $3k... how we going to tweak our plan to make it better. There is no exactly correct answer, even though we might still learn how we personally will tweak it differently in accordance with our own personal circumstances, or maybe we will come to conclude that what we did  was the best we could have had done with the information that we then had, since we had no clue that the BTC price would shoot up from there an it would not dip in any meaningful way.

[batang_bitcoin]

Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.

I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.

[Princess Leah]

Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.

I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.

I think an investor would only the investing under pressure when they don't have a stable income and invest the little they've got just to make profits in a short-term, but such person would be making a grave mistake cause investing in Bitcoin requires time and patience as well as discipline and I won't leave out a stable income that would help an investor carry out the DCA method and acquire more overtime.

 Bitcoin is not some gambling or trading thar an investor would be investing what they can afford to lose cause it's less riskier, it's not something that gives an investor 50/50 chances of making profits so I see no reason why an investor would be pressured, except the person isn't thinking long-term which is wrong, someone who invested and is patient enough to hold for a full circle and more is bound to make profits there's no debate about that.

[sotelorene]

Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.

I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.

Exactly, this is the mistake some people make in this investment, some think once they invest in Bitcoin all their problem is settled I mean some people think that if they invest now they are going to make profit in a twinkling of eye and some feel that if they don't invest now they can not be able to invest again thereby investing even when they are on pressure, not financially stable to manage their investment properly of course this kind of investment will not and can never last because one is not ready for it though one can not be fully ready or prepared to invest in Bitcoin but one ought to have the ability of budgeting and taking control on how to make things work right. Note: Never do anything under pressure because you will not do the thing well perhaps that is the mistake I am talking about and this could bring about frustration and regretion.

[Mayor of ogba]

Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.

I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.

There's no way I was going to invest in bitcoin under pressure or advise anyone to invest in bitcoin under pressure because I know it is not the best way to go about bitcoin investment. I was only differentiating investing in bitcoin under pressure and investing in bitcoin aggressively so that Samlucky O would get a clear picture or understand the difference between investing in bitcoin under pressure and investing in bitcoin aggressively.

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.

Even though you have gotten to your fuck you stage in your bitcoin investment, it is not enough reason for you to sell a big portion of your bitcoin investment just because bitcoin hit $100k; you might regret doing that when bitcoin hits $150-$200k in the future, just like so many people who sold all their bitcoin cheaply in the past are regretting now. If you must sell your bitcoin, you can just figure out doing that from time to time, and it should be a small portion of your bitcoin that can give you $2k-$5k profit.

[Abbatty]

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.

Bitcoin's surging past $100k is exciting, We shouldn't sell now regardless of our investment experience. Instead, consider buying more with a long term holding strategy, as the bull run's potential is still unfolding.

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.

You seem to be focused on short-term gains. For new investors, it's essential to avoid investing based on FOMO (fear of missing out). Instead, invest for the long period and focus on holding, rather than seeking quick profits.

[batang_bitcoin]

I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.

I think an investor would only the investing under pressure when they don't have a stable income and invest the little they've got just to make profits in a short-term, but such person would be making a grave mistake cause investing in Bitcoin requires time and patience as well as discipline and I won't leave out a stable income that would help an investor carry out the DCA method and acquire more overtime.

 Bitcoin is not some gambling or trading thar an investor would be investing what they can afford to lose cause it's less riskier, it's not something that gives an investor 50/50 chances of making profits so I see no reason why an investor would be pressured, except the person isn't thinking long-term which is wrong, someone who invested and is patient enough to hold for a full circle and more is bound to make profits there's no debate about that.

One will be under pressure when it's starting to see the price of Bitcoin growing. This is why FOMO is real and I don't advice people to do that because they're putting a burden to themselves and even if they have some other important matters to attend to with their money, they'll be forced to invest to Bitcoin. I don't want people to invest with that kind of decision.

Exactly, this is the mistake some people make in this investment, some think once they invest in Bitcoin all their problem is settled I mean some people think that if they invest now they are going to make profit in a twinkling of eye and some feel that if they don't invest now they can not be able to invest again thereby investing even when they are on pressure, not financially stable to manage their investment properly of course this kind of investment will not and can never last because one is not ready for it though one can not be fully ready or prepared to invest in Bitcoin but one ought to have the ability of budgeting and taking control on how to make things work right. Note: Never do anything under pressure because you will not do the thing well perhaps that is the mistake I am talking about and this could bring about frustration and regretion.

Exactly, they think that upon buying Bitcoin they'll become rich overnight with all of the hopes that their problem will be solved on an instant. It doesn't work like that. While we're in a bull run, some good pumps may happen in a day just as what we're witnessing but those that have been prepared for so long are reaping the rewards for being early and consistent. Everyone has their own story on how we're able to accumulate but it's also admirable if someone will say that they have bought while they are under pressure and able to solve their problems in their own ways while keeping ahold to their Bitcoins.

There's no way I was going to invest in bitcoin under pressure or advise anyone to invest in bitcoin under pressure because I know it is not the best way to go about bitcoin investment. I was only differentiating investing in bitcoin under pressure and investing in bitcoin aggressively so that Samlucky O would get a clear picture or understand the difference between investing in bitcoin under pressure and investing in bitcoin aggressively.

Yeah, I understand that you have just differentiated it and it was just a general statement because people are in FOMO right now. I hope him and others that are in that situation would understand what's best for them but we highly encourage for them to invest but don't put their financial situations into jeopardy as they do it.

[Tmoonz]

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.

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one, don't be in a hurry to forget that the market can be uncertain where we have the bull and bear hence, any one coming into Bitcoin investment with the mindset that Bitcoin will only keep going up might feel very disappointed whenever Bitcoin is having a downward trend. Secondly, a new investor shouldn't be talking about profit margin when he or she should be focusing more on buying Bitcoin because he or is she is still very early in the accumulation stage, and on the other hand, profitablity in Bitcoin investment is directly proportional to the the size of your Bitcoin investment and how long you where able to hold.

[avp2306]

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.

Bitcoin's surging past $100k is exciting, We shouldn't sell now regardless of our investment experience. Instead, consider buying more with a long term holding strategy, as the bull run's potential is still unfolding.

Despite of whatever good thing happen still don't want to sell my bitcoin. I didn't reach my target year so most provably that I will continue no matter what FUD people spreading certain correction that might happen. I'm so positive that next year will be another good year with bitcoin.

$100k price is really exciting but we need to continue since if we sell early then provably that we will start over again and we will picking up some pieces to start up again.

So again let see the next chapter since for sure that holders still the big gainer especially if more price milestone will be hit by Bitcoin.

[Wind_FURY]

Bitcoin is weakening and breaking down political strongholds.

 👀

"A legitimate question: why accumulate reserves if they can be lost so easily?" Putin said in remarks to an investment conference. He suggested that investment of state savings into infrastructure, logistics, science and education was more reliable than holding them in foreign assets.

Putin said the current U.S. administration was undermining the role of the U.S dollar as the reserve currency in the global economy by using it for political purposes, forcing many countries to turn to alternative assets, including cryptocurrencies.

"For example, bitcoin, who can prohibit it? No one," Putin said. He added that development of new payment technologies was inevitable, due to their lower costs and reliability.

https://www.reuters.com/markets/currencies/russias-putin-questions-need-dollar-forex-reserves-touts-bitcoin-2024-12-04/

If Russia forms their own Bitcoin Strategic Reserve, then it will be in their best interest to secure the ledger itself themselves as well.

The arms race between Nation-States for Bitcoin hashing power and accumulation is going to start.

[Olatundespo]

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.

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one, don't be in a hurry to forget that the market can be uncertain where we have the bull and bear hence, any one coming into Bitcoin investment with the mindset that Bitcoin will only keep going up might feel very disappointed whenever Bitcoin is having a downward trend. Secondly, a new investor shouldn't be talking about profit margin when he or she should be focusing more on buying Bitcoin because he or is she is still very early in the accumulation stage, and on the other hand, profitablity in Bitcoin investment is directly proportional to the the size of your Bitcoin investment and how long you where able to hold.

In the current market, buying for new investors may not be aggressive as the price trend is upward, but it is important to ensure proper use of money so as not to necessarily add discretionary money to the buy of Bitcoin. Investment is not in line with the conviction of rushing and to do this requires analysis of the environment. From the perspective that the market situation may be uncertain, you can first start with small savings within your tolerance and gradually increase the investment considering time and price. Another common tendency for new investors is to be very impatient and greedy for getting high profits in a short period of time which does not allow it to be long-term. Every investor should be more patient from the expectation that investing in Bitcoin is only profitable so that it is tempting to save for the long term.

[promise444c5]

I mean some people think that if they invest now they are going to make profit in a twinkling of eye and some feel that if they don't invest now they can not be able to invest again thereby investing even when they are on pressure, not financially stable to manage their investment properly of course this kind of investment will not and can never last because one is not ready for it though one can not be fully ready or prepared to invest in Bitcoin but one ought to have the ability of budgeting and taking control on how to make things work right. Note: Never do anything under pressure because you will not do the thing well perhaps that is the mistake I am talking about and this could bring about frustration and regretion.

It’s not actually easy to build wealth, that’s just it… those that are after short term profit are likely to do more of gambling to  their investment and might end up losing part of their investment. Having the feeling to invest now is okay imo , not saying beating yourself if you can’t afford to do it but it’s just mind set, if you’re determined to do it then it will come ,bitcoin won’t wait but that doesn’t mean you can’t still invest yet the more you wait the more you might miss out unless you catch a dip in the future you’re talking about and that’s under maybe …

Thus, if someone is not financially stable, the DCA strategy is still always a flexible  way of investing.. all you have to do is invest according to your budget without stressing it, if there’s a need to take breaks within you can do that to balance it, it’s your investment (just make sure you’re consistent )..

[Tmoonz]

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.

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one, don't be in a hurry to forget that the market can be uncertain where we have the bull and bear hence, any one coming into Bitcoin investment with the mindset that Bitcoin will only keep going up might feel very disappointed whenever Bitcoin is having a downward trend. Secondly, a new investor shouldn't be talking about profit margin when he or she should be focusing more on buying Bitcoin because he or is she is still very early in the accumulation stage, and on the other hand, profitablity in Bitcoin investment is directly proportional to the the size of your Bitcoin investment and how long you where able to hold.

In the current market, buying for new investors may not be aggressive as the price trend is upward, but it is important to ensure proper use of money so as not to necessarily add discretionary money to the buy of Bitcoin. Investment is not in line with the conviction of rushing and to do this requires analysis of the environment. From the perspective that the market situation may be uncertain, you can first start with small savings within your tolerance and gradually increase the investment considering time and price. Another common tendency for new investors is to be very impatient and greedy for getting high profits in a short period of time which does not allow it to be long-term. Every investor should be more patient from the expectation that investing in Bitcoin is only profitable so that it is tempting to save for the long term.

Anyone new to Bitcoin investing need to start buying Bitcoin which is primarily the very first step, and the price points is what shouldn't be given attention before buying one of the reasons why the dca strategy of accumulating Bitcoin dominates most of the thread because it allows investors to make investment decisions without any pressure from the market conditions, there is nothing absolutely wrong being aggressive in your investment without overly doing it, it should be within your level of discretional income irrespective of the market conditions.

[cryptoWODL]

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one,

It is not really good to make investment decisions based on current market trends, your comment may be confusing for new investors. One of the first few things that a new investor should know before starting to invest is buying bitcoins immediately. Many of the biggest investors in the world and most of the members of this thread have repeatedly said that Bitcoin can be bought all the time, there is no special moment or best time to buy Bitcoin.

Skilled and experienced Investors never wait to buy bitcoins, their goal is to buy bitcoins whenever they have money. For example, MicroStrategy has bought bitcoins at any moment in the market, making them the number one investment company in the world by regularly buying bitcoins.

[$crypto$]

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.

Will not be too aggressive in 2025 as prices may increase considerably, will still have the usual allocation to DCA maybe weekly or monthly which was done previously in this accumulation.

I think the DCA that becomes aggressive after the bullish phase ends, then it is in the percentage will be more done by me in the future, but for now as we know bitcoin will increase still accumulation is done every month.

[Olatundespo]

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.

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one, don't be in a hurry to forget that the market can be uncertain where we have the bull and bear hence, any one coming into Bitcoin investment with the mindset that Bitcoin will only keep going up might feel very disappointed whenever Bitcoin is having a downward trend. Secondly, a new investor shouldn't be talking about profit margin when he or she should be focusing more on buying Bitcoin because he or is she is still very early in the accumulation stage, and on the other hand, profitablity in Bitcoin investment is directly proportional to the the size of your Bitcoin investment and how long you where able to hold.

In the current market, buying for new investors may not be aggressive as the price trend is upward, but it is important to ensure proper use of money so as not to necessarily add discretionary money to the buy of Bitcoin. Investment is not in line with the conviction of rushing and to do this requires analysis of the environment. From the perspective that the market situation may be uncertain, you can first start with small savings within your tolerance and gradually increase the investment considering time and price. Another common tendency for new investors is to be very impatient and greedy for getting high profits in a short period of time which does not allow it to be long-term. Every investor should be more patient from the expectation that investing in Bitcoin is only profitable so that it is tempting to save for the long term.

Anyone new to Bitcoin investing need to start buying Bitcoin which is primarily the very first step, and the price points is what shouldn't be given attention before buying one of the reasons why the dca strategy of accumulating Bitcoin dominates most of the thread because it allows investors to make investment decisions without any pressure from the market conditions, there is nothing absolutely wrong being aggressive in your investment without overly doing it, it should be within your level of discretional income irrespective of the market conditions.

Of course. Income-based investing is the basis for adopting the time and DCA strategy. You should formulate an aggressive buying strategy based on your sufficient income source, otherwise you may fall behind long before reaching the point. This is another name for complete and financial freedom through which investors can accumulate (BTC) holdings of any size within their means. That is why I am more confident in the DCA strategy and through it the sky-high dream is achievable.

[Mayor of ogba]

Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one,

It is not really good to make investment decisions based on current market trends, your comment may be confusing for new investors. One of the first few things that a new investor should know before starting to invest is buying bitcoins immediately. Many of the biggest investors in the world and most of the members of this thread have repeatedly said that Bitcoin can be bought all the time, there is no special moment or best time to buy Bitcoin.

Skilled and experienced Investors never wait to buy bitcoins, their goal is to buy bitcoins whenever they have money. For example, MicroStrategy has bought bitcoins at any moment in the market, making them the number one investment company in the world by regularly buying bitcoins.

I think what Tmoonz is trying to point out is that newbies should not be carried away by the current price of bitcoin and invest all their money in bitcoin because bitcoin is not a quick way to get rich soon. And they should use the money they can afford to lose or the money they will not need for 4-10 years or more so that if there is a drop in bitcoin price, they will not be dismayed and sell their bitcoin at a loss to survive. You are wrong; new investors should know about their finances first to know if they will have a discretionary income that will allow them to freely invest in bitcoin, and after then they can figure out if they will be accumulating bitcoin on a weekly or monthly basis.