Buy the DIP, and HODL!

[xbartoni]

Shower thought.

What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?

It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.

Buy the DIP, and HODL

bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

I agree with you ccumulating bitcoin and holding it for a period of time. Bitcoin is new but yet it has already surpassed Google, Microsoft, , Facebook in market value, but have been existing a long time bitcoin been came a life changing

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

[coinlary]

anyone buying when the BTC price is going up should understand that it could dip and they might be buying at the top, and they could get stuck in a downwards price spiral, and that is part of the chances that they are taking in regards to when they decided to begin their bitcoin investment journey.  

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

and surely when not sure, DCA can be one of the strategies to start with a weekly DCA amount that seems reasonable, study bitcoin along the way and study and put into practice good cashflow management practices, so then those cashflow management practices will help to inform any such newbie in regards to his position size and his ongoing strategies and practices to achieve his position size goals.

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

[cryptomaniac_xxx]

[edited out]

Yes, I remember in 2017, wherein there was a lot of comparison between gold and BTC, it's the question of "If" BTC's market cap could catch up with gold. Now it's very different, it's now the question of "when"... maybe in the next 10 years?

And if we look at the numbers, in the last 10 years, BTC market cap has gone like 160-170% if I'm not mistaken, while Gold in the same time frame likes double their market cap. So with that, it's just a matter of time before we can surpass Gold, specially if they remain stagnant or at least the growth is slow as compare to BTC. Most likely if we hit $700k per pop, by that price, we might be close or even overtake Gold in terms of marketcap.

We also have to take into consideration how "easy" it is for average Joe investors to acquire BTC as compare to Gold.

Of course, there will be variance, as the price will go down during the bear market. But still, when bull run starts it's hard to stop the herd from running and reaching another all time high very 4 years.

Sure there is a law of large numbers which potentially causes some slowing down of bitcoin in terms of its percentage growth, yet BTC reaching market cap parity with gold could happen as soon as within this next calendar year or it could take another whole cycle or longer.  I doubt that it is going to take 10 years for bitcoin's market cap to touch upon parity with gold's marketcap, but sure, anything is possible.

Regarding ease of access, I would speculate that bitcoin is easier to get than gold, even though sure there are some parts of the world (in various countries) where physical gold markets exist.

As bitcoin is adopted on greater levels, it will probably become more and more easy to get bitcoin, even though so many folks are still failing/refusing to hold bitcoin in their own self-custody, so we should expect self-custody abilities will continue to improve, even though surely there are many governments and financial institutions who are working to vilify self-custody, which in the end, bitcoin's actual power and value comes from its ability to be self-custodied.

Yes, sooner or later the law of large numbers will caught up with us, causing a slow down in growth. But the advantage of Bitcoin is that we have this "Halving", making it more scarce that gold overtime. My math might be off though, as I look that gold could be around $17 trillion - 18 trillion in market cap as of this year. So that is big numbers for Bitcoin to overcome, as we currently sits at around $2 trillion. But in any case that we double the current price of $100k, and see all time high of around $200k, then we might see our market cap exploding to a huge number of $4 trillion. And with Gold market cap slowing down to let's say in the next cycle or at least in the next 4 years. And then we in the next 5th halving in 2028, and this is just my speculation, seeing around $400k-$500k as the top price, we could be around $16 trillion - $20 trillion in just one cycle alone. So yeah, it might not take 10 years. And it looks like this is going to be a silent war in the future as who's nation going to have the biggest reserved of Bitcoin, as US and Russia might go on a race again.

As for the ease, I don't know, the first thing that comes to my mind when we say gold, is simply owning gold jewelries. And I must admit that I have invested on them since 2000's buying bracelets and necklaces. And during times that I need a quick money, I just go to the nearest shop and have them pawn so I will say that it save me during times of trouble. I still do as of this day, have some in my closest. But definitely, I have move to Bitcoin as my main investment. Maybe I have the wrong mindset about how easy it is to own gold and not necessarily "gold bar". 

[Samlucky O]

Snip

bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

I agree with you ccumulating bitcoin and holding it for a period of time. Bitcoin is new but yet it has already surpassed Google, Microsoft, , Facebook in market value, but have been existing a long time bitcoin been came a life changing

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said:

I will advice you use the word bitcoin in this thread instead of cryptocurrency because your explanation maybe right but your choice of word may be misleading in this thread because surely cryptocurrency mean alt/ shitcoin and of course that is not what we are discussing here.

Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

Surely Bitcoin has important features which non of this listed investments or company has, that why bitcoin remains the best.
 
Bitcoin is totaly decentralized and transparent not only that, but also limited in supply which makes it relatively scars. Bitcoin is not only a currency but a utility or asset one must have. These are the main important thing about bitcoin that makes it unique over other assets and this is  the more reason people needs to buy and hodl for a longer time because Bitcoin is a revolution that almost everyone needs to be a pataker it.

[Wind_FURY]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

[FortuneFollower]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

True to that.
Keep these golden hands in check and see the results.
We are going to breach many ATHs in the future to come, so 2025 should be even better than the end of 2024.
 

[adultcrypto]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

I totally agree with you and thanks for raising this thread. I think many people now appreciate the importance of HODLing because these past months have been the greatest eye opener to people especially those coming from the angle of trading for quick profits and those who felt that bitcoin is expensive hence decided to be seeking the next bitcoin to buy so they enjoy pumps in multiples of their investment. Now we know that bitcoin can be used to build wealth and it can also give those multiple profits because from 2023 till now, bitcoin have done over x4 which is massive 400% profits. If this is not a huge gain for investors, I don't know what to call it but as for me, this is enough profits already.

Once again, lets continue to buy every DIP the market presents because the future is looking so great for bitcoin because we are entering the year that history will be made in bitcoin and we also know that there will be so much uncertainties and volatility in the market. Therefore, preparations is important and the best of it is to buy more bitcoin and HODL.

[Ricardo11]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY.  

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

I totally agree with you and thanks for raising this thread. I think many people now appreciate the importance of HODLing because these past months have been the greatest eye opener to people especially those coming from the angle of trading for quick profits and those who felt that bitcoin is expensive hence decided to be seeking the next bitcoin to buy so they enjoy pumps in multiples of their investment. Now we know that bitcoin can be used to build wealth and it can also give those multiple profits because from 2023 till now, bitcoin have done over x4 which is massive 400% profits. If this is not a huge gain for investors, I don't know what to call it but as for me, this is enough profits already.

Once again, lets continue to buy every DIP the market presents because the future is looking so great for bitcoin because we are entering the year that history will be made in bitcoin and we also know that there will be so much uncertainties and volatility in the market. Therefore, preparations is important and the best of it is to buy more bitcoin and HODL.

Bitcoin's 4X growth since 2023 is definitely a good achievement for investors, but the future is much brighter. Bitcoin is becoming more valuable over time. The future success is going to be a big success, so we must always be ready to take advantage of every opportunity in the market.
There will always be small and big fluctuations in the market, but if you want to achieve big success in the long term, you must have a long-term holding mentality, and you must buy DCA. Because in this volatile market, we have to keep our minds calm, and buy regularly, then we will get the average price in the long term, from which we can benefit better.
So keep your mind calm, and hold for the long term, maintaining a stable mindset and holding DCA for the long term is the key to achieve real success of Bitcoin.

[arwin100]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

I think the first one happen when Trump win on election since many people believe that there's something more to happen especially that he's so vocal on his support on Bitcoin. There's huge possibilities that the second one will happen when Trump successfully take over the set and sign some good laws that can help Bitcoin to strengthen up its existence or usage in US. Plus they have this plan to make Bitcoin as their reserve https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/ imagine how huge potential for more good pumps will happen next year. That's why its good to focus on accumulating since there are more great things to happen for next following years with Bitcoin. Those adaption they made is just a start of more good developments that will happen for Bitcoin.

[Mayor of ogba]

Shower thought.

What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?

It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.

Buy the DIP, and HODL

bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

I agree with you ccumulating bitcoin and holding it for a period of time. Bitcoin is new but yet it has already surpassed Google, Microsoft, , Facebook in market value, but have been existing a long time bitcoin been came a life changing

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

I know you are a newbie, and you are not too familiar with how we run things in this thread, but I will let you know that we don't tolerate the use of cryptocurrency in this thread. If you are referring to bitcoin, it is best you use the word bitcoin so that newbies like you will get a clear picture of what you are talking about, which will guide them against wasting their time and money investing in shitcoins or altcoins. I know you were deceived by my post, but I want you to know that I was wrong in what I said there. Bitcoin has not surpassed those assets, but with time, Bitcoin will do that.

[Nheer]

Snip

Snip

Bitcoin's 4X growth since 2023 is definitely a good achievement for investors, but the future is much brighter. Bitcoin is becoming more valuable over time. The future success is going to be a big success, so we must always be ready to take advantage of every opportunity in the market.
There will always be small and big fluctuations in the market, but if you want to achieve big success in the long term, you must have a long-term holding mentality, and you must buy DCA. Because in this volatile market, we have to keep our minds calm, and buy regularly, then we will get the average price in the long term, from which we can benefit better.
So keep your mind calm, and hold for the long term, maintaining a stable mindset and holding DCA for the long term is the key to achieve real success of Bitcoin.

It isn’t a bad year at all for Bitcoin and its investors and despite all the ups and downs we experienced but in the end we believed in bitcoin and it didn’t dissappoint us at all, I think the future is even more brighter we just have to not stop believing in bitcoin and keep accumulating as much as we can and keep holding for a long period of time. We know the road will not always be smooth but we should always be ready for whatever comes our way, the most satisfying thing when thinking about bitcoin is that it always find a way to bounce back no matter how far it falls. That alone has made me to believe so much in it that we don’t need to panic when experiencing dips instead we should use it to our advantage while maintaining a stable mindset.

[Litzki1990]

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

If anyone could have predicted that the price of Bitcoin would reach such a point, I think everyone would have invested in Bitcoin and even those who didn't have money would have managed money and invested in Bitcoin. But that's the fun of investing that you can't really predict which way the market will go.  

Risks must be taken and those who took risks and did not care too much about money managed to reap profits far beyond expectations. Looking at the discussion in different sections, it is clear that some are sharing their moments of happiness with so much profit in their investment and some are expressing their disappointment that they could not invest. It's different for someone who doesn't know about investing or who doesn't have enough money to invest, but someone who had enough money to invest and someone who knew about investing but only waited for the market to come down will surely regret the missed investment.  

But for those who still think they are missing out on big profits, I would say that the market will either dump or pump from the position it is currently in, but we don't know, so we have to invest with the same amount of risk as before.  
It may be that now the market is at the highest position so I did not invest but from this position the market went higher and if we missed this opportunity we would regret more.

Bitcoin is totaly decentralized and transparent not only that, but also limited in supply which makes it relatively scars. Bitcoin is not only a currency but a utility or asset one must have. These are the main important thing about bitcoin that makes it unique over other assets and this is  the more reason people needs to buy and hodl for a longer time because Bitcoin is a revolution that almost everyone needs to be a pataker it.

Bitcoin is currently the most valuable and most popular digital currency. But when this Bitcoin first came to the market, people were not very interested in this Bitcoin.  
How worthless this bitcoin was to people at one time, we can learn from the case of buying two pizzas with 10 thousand bitcoins. It was perhaps one of the greatest follies in the world.  

If Bitcoin can come from that position to this position, then I can confidently say that five years or 10 years from today, the Bitcoin market can grow several times more. Should we actually trust Bitcoin? We cannot get serious about investing until we have confidence in Bitcoin.  
Maybe currently the money will be a bit risky but if the investment can be planned for long term and this investment can be maintained for a long time then I believe that one time this investment will bring more profit than expected to every investor.

[SuperBitMan]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

True to that.
Keep these golden hands in check and see the results.
We are going to breach many ATHs in the future to come, so 2025 should be even better than the end of 2024.
 

I believe so much in Bitcoin and it's growth however the growth of Bitcoin in 2025 is not certain, a lot of newbies are rushing into Bitcoin now because they believe by 2025 Bitcoin will grow more bigger in price so they can sell and make profit but when there's no growth and a dip happens in 2025 you see them selling off there Bitcoin and saying Bitcoin has disappointed them, if you are a newbie into Bitcoin investment remove your mind from thinking that because 2024 is like this 2025 will be better so it won't frustrate and affect your accumulation journey when a dip happens in 2025, what you should focus on is to be consistent in your accumulation and making necessary arrangements that will help you succeed in your journey and prevent you from dipping hands into your Bitcoin investment when you have not Accumulated enough.

[Odusko]

anyone buying when the BTC price is going up should understand that it could dip and they might be buying at the top, and they could get stuck in a downwards price spiral, and that is part of the chances that they are taking in regards to when they decided to begin their bitcoin investment journey.  

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

and surely when not sure, DCA can be one of the strategies to start with a weekly DCA amount that seems reasonable, study bitcoin along the way and study and put into practice good cashflow management practices, so then those cashflow management practices will help to inform any such newbie in regards to his position size and his ongoing strategies and practices to achieve his position size goals.

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

The main reality here is cash flow, once a Bitcoin investors have a good cash flow management and can set aside the right amount to DCA in Bitcoin and also properly managing the timing he get into Bitcoin, such an investor could be sure of making the right Bitcoin investment decisions along the way, since he already put in place mechanism that will guide his decisions on how he/she uses the cash flow to fill up Bitcoin stash along the way, there is no doubt the fact that, buying low is the best buying position, and avoid jumping on the market when the price is at all time sure way to avoid getting trapped in a downward trends movement and longer waiting before your portfolio can be in profits again.

One other thing that help new investors to move fast in their Bitcoin accumulation journey is the aspect applications of excess cash flow for an investors advantage, some of the Bitcoin investors who have excess cash flow easily lose the patients to wait for the price to drop at low before buying, because they are carried away by the available resources in their hands and instead waiting for correction they jump on the market regardless weather Bitcoin is at all time at that moment, this practice have lead to a lot of loses in the past, and some of such investor wont have the patient to wait for recovery tge also cash out at lose because of the frustration and fomo around them, is very important to learn how to use cash flow to our advantage and not being under pressure to buy Bitcoin at whatever price just because we have available fund's to do so.

[Sim_card]

anyone buying when the BTC price is going up should understand that it could dip and they might be buying at the top, and they could get stuck in a downwards price spiral, and that is part of the chances that they are taking in regards to when they decided to begin their bitcoin investment journey.  

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

and surely when not sure, DCA can be one of the strategies to start with a weekly DCA amount that seems reasonable, study bitcoin along the way and study and put into practice good cashflow management practices, so then those cashflow management practices will help to inform any such newbie in regards to his position size and his ongoing strategies and practices to achieve his position size goals.

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

The main reality here is cash flow, once a Bitcoin investors have a good cash flow management and can set aside the right amount to DCA in Bitcoin and also properly managing the timing he get into Bitcoin, such an investor could be sure of making the right Bitcoin investment decisions along the way, since he already put in place mechanism that will guide his decisions on how he/she uses the cash flow to fill up Bitcoin stash along the way, there is no doubt the fact that, buying low is the best buying position, and avoid jumping on the market when the price is at all time sure way to avoid getting trapped in a downward trends movement and longer waiting before your portfolio can be in profits again.

One other thing that help new investors to move fast in their Bitcoin accumulation journey is the aspect applications of excess cash flow for an investors advantage, some of the Bitcoin investors who have excess cash flow easily lose the patients to wait for the price to drop at low before buying, because they are carried away by the available resources in their hands and instead waiting for correction they jump on the market regardless weather Bitcoin is at all time at that moment, this practice have lead to a lot of loses in the past, and some of such investor wont have the patient to wait for recovery tge also cash out at lose because of the frustration and fomo around them, is very important to learn how to use cash flow to our advantage and not being under pressure to buy Bitcoin at whatever price just because we have available fund's to do so.

I don't know why you are still talking about waiting for the dip because of the price of bitcoin. A new investor who is a no coiner shouldn't think that bitcoin price is high and should get started no matter the condition of the market be it bear or bull.

You don't know when the dip will come and that will make you waiting missing the opportunity of building an d grow your bitcoin portfolio as a late comer to bitcoin, and you still prefer to be waiting. I think that person is not serious with investing. DCA has solved the waiting problem.

some of the Bitcoin investors who have excess cash flow easily lose the patients to wait for the price to drop at low before buying, because they are carried away by the available resources in their hands and instead waiting for correction they jump on the market regardless weather Bitcoin is at all time at that moment, this practice have lead to a lot of loses in the past, and some of such investor wont have the patient to wait for recovery tge also cash out at lose because of the frustration and fomo around them, is very important to learn how to use cash flow to our advantage and not being under pressure to buy Bitcoin at whatever price just because we have available fund's to do so.

You are getting the concept of long-term investment wrong because, you don't need excess cash on you before you can invest in bitcoin and continue buying regularly every week for 4-10 years and above. You will not run at loss for buying and hodli but it's when you sell that you will run at loss because trading is not good for a bitcoin investor who wants to acquire enough Bitcoin in future.

You don't invest in bitcoin because of FOMO or because you want to get rich quick, otherwise, you will make the wrong decisions and run at loss. Invest in bitcoin because it's a good asset to generate profit in the long-term and an hedge to inflation so that you can stay focus and build your bitcoin investment.

[Cryptoprincess101]

Shower thought.

What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?

It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.

Buy the DIP, and HODL

bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

I agree with you ccumulating bitcoin and holding it for a period of time. Bitcoin is new but yet it has already surpassed Google, Microsoft, , Facebook in market value, but have been existing a long time bitcoin been came a life changing

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

Your insights are very good but using the term cryptocurrency to describe bitcoin is way off. You can just be specific than classifying it with other shitcoins as cryptocurrency. Bitcoin is a course and subject matter of its own and it will be lack of understanding for anyone who knows about the concept of bitcoin to call it cryptocurrency even though it is the mother that gave birth to other cryptocurrency, but it is better to accord it that honor of standing on its own without attaching it with alt or shitcoins called cryptocurrency. It has already been noted that bitcoin has become more popular than Gold in recent times and despite that the market cap. of Gold is way higher than that of bitcoin, but bitcoin will soon attain and surpass that level one day. All we need is to be optimistic about bitcoin that it can reach any ATH and focus on buying more bitcoins than we sell and it's not only by buying but also hodling for long term growths.

[MusaPk]

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

Weak and strong hands are in every trading market and crypto is not a different thing. Everyone has it's own way of investing in crypto and there is no standard technique that is considered to be correct. Everyone has to figure out what suit him in getting desired number of Bitcoins.  First we need to get to our desired number of Bitcoins then one can follow JJG Sustainable Bitcoin Withdrawal Strategy

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

I have this post year a go where I did some work on finding how much return DCA and Lump Sum gives you. In the long run, Lump Sum investment is way ahead of DCA but the key is you are willing to HODL for long term.
Below data is for past four years. I will try to update it for last five years or someone else can also do that, https://dcacryptocalculator.com/ is the tool and we just to update few parameters.  

I just have a small working on DCA vs LUM SUM Profit.

DCA:
If you invest 100 dollars per week into bitcoin starting from Dec 27, 2019 to Dec 27, 2023. Then your total investment is 20900$ in Bitcoin and ROI after 4 years will be +119% or your total investment goes up to 24870$

LUM SUM investment and HODL:
If you invest total 20900$ in Bitcoin on Dec 27, 2019 and HODL for 4 years then today your ROI will be +505% or investment goes up to 105690$.


https://dcacryptocalculator.com/

Likewise if you go to https://dcacryptocalculator.com/ and play with figures then you will notice that Lum sum investment also gives good result if you are willing to HODL for longer duration.

[Ruttoshi]

anyone buying when the BTC price is going up should understand that it could dip and they might be buying at the top, and they could get stuck in a downwards price spiral, and that is part of the chances that they are taking in regards to when they decided to begin their bitcoin investment journey.  

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

and surely when not sure, DCA can be one of the strategies to start with a weekly DCA amount that seems reasonable, study bitcoin along the way and study and put into practice good cashflow management practices, so then those cashflow management practices will help to inform any such newbie in regards to his position size and his ongoing strategies and practices to achieve his position size goals.

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

The main reality here is cash flow, once a Bitcoin investors have a good cash flow management and can set aside the right amount to DCA in Bitcoin and also properly managing the timing he get into Bitcoin, such an investor could be sure of making the right Bitcoin investment decisions along the way, since he already put in place mechanism that will guide his decisions on how he/she uses the cash flow to fill up Bitcoin stash along the way, there is no doubt the fact that, buying low is the best buying position, and avoid jumping on the market when the price is at all time sure way to avoid getting trapped in a downward trends movement and longer waiting before your portfolio can be in profits again.

One other thing that help new investors to move fast in their Bitcoin accumulation journey is the aspect applications of excess cash flow for an investors advantage, some of the Bitcoin investors who have excess cash flow easily lose the patients to wait for the price to drop at low before buying, because they are carried away by the available resources in their hands and instead waiting for correction they jump on the market regardless weather Bitcoin is at all time at that moment, this practice have lead to a lot of loses in the past, and some of such investor wont have the patient to wait for recovery tge also cash out at lose because of the frustration and fomo around them, is very important to learn how to use cash flow to our advantage and not being under pressure to buy Bitcoin at whatever price just because we have available fund's to do so.

Traders will run at loss in the long run. Majority of traders will be a no coiner or low coiner in future. Traders will regret their actions and feel like they have lost it all in future when bitcoin price will very expensive. Traders want to play a smart one in the market but they forget that they're gambling with their future, because you cannot outsmart the market since the price of bitcoin is unpredictable.

This is why I have only focused on long-term investment goal to secure my future when I am old. Bitcoin long-term investors are winners because they have taken their time to sacrifice and build wealth for themselves through discipline on regular buying bitcoin persistently and consistently over time. In the future traders will say long term investors were lucky to buy bitcoin cheap. Forgetting that they both had the same opportunities now to hodli till then.

[JayJuanGee]

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY. 

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

I totally agree with you and thanks for raising this thread. I think many people now appreciate the importance of HODLing because these past months have been the greatest eye opener to people especially those coming from the angle of trading for quick profits and those who felt that bitcoin is expensive hence decided to be seeking the next bitcoin to buy so they enjoy pumps in multiples of their investment. Now we know that bitcoin can be used to build wealth and it can also give those multiple profits because from 2023 till now, bitcoin have done over x4 which is massive 400% profits. If this is not a huge gain for investors, I don't know what to call it but as for me, this is enough profits already.

Once again, lets continue to buy every DIP the market presents because the future is looking so great for bitcoin because we are entering the year that history will be made in bitcoin and we also know that there will be so much uncertainties and volatility in the market. Therefore, preparations is important and the best of it is to buy more bitcoin and HODL.

Our current price appreciation likely should show the newbies that there are advantages in regards to stacking as much BTC as you can and as soon as you can.. so then you are not so worried about what to do when you mostly have already been stacking, and if you had already gotten to one year's worth of income/expenses in bitcoin, then if bitcoin does a 10x price appreciation, then we end up with 10 years worth of our annual income/expenses in bitcoin..

But yeah, if we are not able to get as much invested, then we do not get as much advantage from the compounding effect.. even though surely personally, I don't try to get too caught up upon the spot price in terms of valuating my own BTC holdings.

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

If anyone could have predicted that the price of Bitcoin would reach such a point, I think everyone would have invested in Bitcoin and even those who didn't have money would have managed money and invested in Bitcoin. But that's the fun of investing that you can't really predict which way the market will go.  

Risks must be taken and those who took risks and did not care too much about money managed to reap profits far beyond expectations. Looking at the discussion in different sections, it is clear that some are sharing their moments of happiness with so much profit in their investment and some are expressing their disappointment that they could not invest. It's different for someone who doesn't know about investing or who doesn't have enough money to invest, but someone who had enough money to invest and someone who knew about investing but only waited for the market to come down will surely regret the missed investment.  

But for those who still think they are missing out on big profits, I would say that the market will either dump or pump from the position it is currently in, but we don't know, so we have to invest with the same amount of risk as before.  
It may be that now the market is at the highest position so I did not invest but from this position the market went higher and if we missed this opportunity we would regret more.

Since you have been around since 2017 @Litzki1990, it is likely that you have had time to accumulate BTC over the past 7.5 years, as compared with someone who is newer to bitcoin.  The newbies may well need to just stack bitcoin for at least a whole cycle without looking at price before they become too sensitive to various BTC price movements.

Bitcoin is totaly decentralized and transparent not only that, but also limited in supply which makes it relatively scars. Bitcoin is not only a currency but a utility or asset one must have. These are the main important thing about bitcoin that makes it unique over other assets and this is  the more reason people needs to buy and hodl for a longer time because Bitcoin is a revolution that almost everyone needs to be a pataker it.

Bitcoin is currently the most valuable and most popular digital currency. But when this Bitcoin first came to the market, people were not very interested in this Bitcoin.  
How worthless this bitcoin was to people at one time, we can learn from the case of buying two pizzas with 10 thousand bitcoins. It was perhaps one of the greatest follies in the world.  

If Bitcoin can come from that position to this position, then I can confidently say that five years or 10 years from today, the Bitcoin market can grow several times more. Should we actually trust Bitcoin? We cannot get serious about investing until we have confidence in Bitcoin.  
Maybe currently the money will be a bit risky but if the investment can be planned for long term and this investment can be maintained for a long time then I believe that one time this investment will bring more profit than expected to every investor.

You make some decent points Litzki1990... Largely guys have to figure their BTC position size in light of their confidence about bitcoin, and perhaps weighing their concerns about bitcoin.

[edited out]

Weak and strong hands are in every trading market and crypto is not a different thing. Everyone has it's own way of investing in crypto and there is no standard technique that is considered to be correct. Everyone has to figure out what suit him in getting desired number of Bitcoins.  First we need to get to our desired number of Bitcoins then one can follow JJG Sustainable Bitcoin Withdrawal Strategy

There is nothing wrong with anything that you said, except we are not talking about crypto (or shitcoins), so I don't see why you feel as if you need to use the term crypto, especially if you might be referring to bitcoin...  Are you referring to bitcoin or something else?  Investing and long term holding and even DCA does not work with shitcoins, since you have to figure out your in and out strategies, and that is not the case with bitcoin.  Why not use the word bitcoin? Do you not know the difference in the choice of your words?  You are the one that chose to use that crypto term rather than bitcoin, and if you meant bitcoin, why did you not use the word bitcoin if that is what you meant?

Regarding my sustainable withdrawal ideas, it should be clear that it can take guys a while to reach such a point that they are ready to employ such withdrawal strategies since they need to accumulate and/or overly accumulate bitcoin first.. which an overwhelming majority of people do not have any BTC or even close to enough BTC..and for sure, my sustainable withdrawal ideas would also not be applied to shitcoins.

[Mayor of ogba]

anyone buying when the BTC price is going up should understand that it could dip and they might be buying at the top, and they could get stuck in a downwards price spiral, and that is part of the chances that they are taking in regards to when they decided to begin their bitcoin investment journey.  

From what I've always noticed, investors are always moved to invest once the price is pumping ,some of this investors(or should I say most) are always  after the short term profit, among which we will still  have some  future holders  even some short term investors can still become long term holders.
This short term investors in my opinion are the reason we always have those massive dip season , all buy when it is  pumping and sell when they see little dip causing more panic for new  long-term investors and this is why new investors must always know that there will be a dip , it is just corrections and we will be back stronger so there's no need to panic when the time comes , 48k to 70k was  a good example.

and surely when not sure, DCA can be one of the strategies to start with a weekly DCA amount that seems reasonable, study bitcoin along the way and study and put into practice good cashflow management practices, so then those cashflow management practices will help to inform any such newbie in regards to his position size and his ongoing strategies and practices to achieve his position size goals.

Totally agreed,
since we can not easily predict Bitcoin movement ,then DCA should not dissapoint although, using the "lump sum" could be beneficial attimes, it can still be used in form of DCAing all that matter is patience to see the result yield.

The main reality here is cash flow, once a Bitcoin investors have a good cash flow management and can set aside the right amount to DCA in Bitcoin and also properly managing the timing he get into Bitcoin, such an investor could be sure of making the right Bitcoin investment decisions along the way, since he already put in place mechanism that will guide his decisions on how he/she uses the cash flow to fill up Bitcoin stash along the way, there is no doubt the fact that, buying low is the best buying position, and avoid jumping on the market when the price is at all time sure way to avoid getting trapped in a downward trends movement and longer waiting before your portfolio can be in profits again.

One other thing that help new investors to move fast in their Bitcoin accumulation journey is the aspect applications of excess cash flow for an investors advantage, some of the Bitcoin investors who have excess cash flow easily lose the patients to wait for the price to drop at low before buying, because they are carried away by the available resources in their hands and instead waiting for correction they jump on the market regardless weather Bitcoin is at all time at that moment, this practice have lead to a lot of loses in the past, and some of such investor wont have the patient to wait for recovery tge also cash out at lose because of the frustration and fomo around them, is very important to learn how to use cash flow to our advantage and not being under pressure to buy Bitcoin at whatever price just because we have available fund's to do so.

Traders will run at loss in the long run. Majority of traders will be a no coiner or low coiner in future. Traders will regret their actions and feel like they have lost it all in future when bitcoin price will very expensive. Traders want to play a smart one in the market but they forget that they're gambling with their future, because you cannot outsmart the market since the price of bitcoin is unpredictable.

This is why I have only focused on long-term investment goal to secure my future when I am old. Bitcoin long-term investors are winners because they have taken their time to sacrifice and build wealth for themselves through discipline on regular buying bitcoin persistently and consistently over time. In the future traders will say long term investors were lucky to buy bitcoin cheap. Forgetting that they both had the same opportunities now to hodli till then.

Not only traders but also investors who sell their bitcoin investment too early during their accumulation journey will regret ever doing that because we have seen how bitcoin keeps increasing in price. This is the more reason why we should always use the money that we can afford to lose or the money we will not need for 4-10 years or more to invest in bitcoin so that it will allow us to hold our bitcoin investment for a long time since we didn't use the money that is meant to solve our daily expenses to invest in bitcoin, which will allow us not to sell our bitcoin investment to get our daily expenses sorted out.