Buy the DIP, and HODL!

[MainIbem]

With the holidays being here I don’t think people have a lot of dry powder to throw at the market right now. A shame because I don’t think we’ve seen the high yet for this cycle. It does seem like a possibility that this could be the last chance you will get to buy Bitcoin below $100,000 for possibly several years.

But $100K has been a worth high value to boost about especially for those who has earlier invested and has been holding up to this price of $100K 😁.

I duly agree with you that buying at $100K might be a welcomed opportunity for accumulators and beginners because with the anticipation of Bitcoin future market, there will be those to regret why they never bought at $100K but was hoping for a dip because they could buy.

So with the fear and excitement of what is coming ahead, the FOMO therein should not be about selling off but to hold so that we don't missed out the future trends.
Otherwise, $100K could be that Dip to buy and as the plebs got no choice than to buy and hodl

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Too expensive! They should till Bitcoin gets to $500k then, we're still at the very early stages of Bitcoin therefore anyone considering the price currently is not a very serious person and would miss out on the good opportunity this early stages of Bitcoin has to offer,  I used to worry much about people like these and advise them when we cross path but lately I care less about their decisions cause sometimes it always lead to a big argument and I got better stuffs to do than involving in unnecessary arguments, moreover everyone has their choices to make but those that knows the right thing or are willing to learn to do things the right way rather would take corrections immediately they figure out they're wrong, just that some people claim to know it all when it comes to Bitcoin investment and they end up regretting. Yeah, Bitcoin still has a brighter future and since we're still in the early stages, the best approach is to buy at any entry regardless of the price, then implement the DCA method for better accumulation overtime, this waiting game strategy has caused lots of regrets due to opportunities missed well more people would learn with time anyways.

[Popkon6]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

[Mayor of ogba]

With the holidays being here I don’t think people have a lot of dry powder to throw at the market right now. A shame because I don’t think we’ve seen the high yet for this cycle. It does seem like a possibility that this could be the last chance you will get to buy Bitcoin below $100,000 for possibly several years.

But $100K has been a worth high value to boost about especially for those who has earlier invested and has been holding up to this price of $100K 😁.

I duly agree with you that buying at $100K might be a welcomed opportunity for accumulators and beginners because with the anticipation of Bitcoin future market, there will be those to regret why they never bought at $100K but was hoping for a dip because they could buy.

So with the fear and excitement of what is coming ahead, the FOMO therein should not be about selling off but to hold so that we don't missed out the future trends.
Otherwise, $100K could be that Dip to buy and as the plebs got no choice than to buy and hodl

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.

Even though bitcoin is a little bit high now, it is not yet expensive, so many investors can accumulate it with the DCA strategy and still accumulate a reasonable amount of bitcoin if they are consistent in accumulating bitcoin, so stop spreading panic so that the newbies in the house will not be discouraged in accumulating bitcoin. We have seen bitcoin achieve a new all-time high of $108,135, so seeing bitcoin at this current price is a giveaway price that any investor who has enough money will like to buy bitcoin now because nobody knows if bitcoin will be at this price again. And if there are investors who listen to your advice and wait for bitcoin to go below $97k before they can accumulate bitcoin, they will be living in regret by now because bitcoin has increased to $98,608 as I am writing this post.

[Tonimez]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

[SuperBitMan]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

[Taskford]

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting to much would provably confuse people to execute their buy orders so maybe instead of waiting to see more dips, they should buy when they see some dumps since we really don't know if we could see more dumps or the price would immediately recover. Also we are doing DCA here so price is actually not a problem since after all we can always catch those dips especially if we are consistently buying even if we see a continuous price fall for Bitcoin. For sure everything what they do would still benefit us compare if we continue to do our thing. Compare if we just wait for sure there's nothing happens with us in that status.

[Notalony]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

I don't agree with you on this because i have learnt that there are those who might have gotten to somewhere close to their fuck you or maintenance status that may decide to only be buying whenever there is a dip and that doesn't make them a trader,  I agree with you on your other words, even though buying at dip offers buying more Bitcoin at a lesser price when compared to buying when the price was high, any one that still have a long way to go in their Bitcoin accumulation journey shouldn't wait for it as not to miss good buying opportunities.

[Jewan420]

Waiting to much would provably confuse people to execute their buy orders so maybe instead of waiting to see more dips, they should buy when they see some dumps since we really don't know if we could see more dumps or the price would immediately recover. Also we are doing DCA here so price is actually not a problem since after all we can always catch those dips especially if we are consistently buying even if we see a continuous price fall for Bitcoin. For sure everything what they do would still benefit us compare if we continue to do our thing. Compare if we just wait for sure there's nothing happens with us in that status.

Waiting to invest only wastes your valuable time. We are often advised to be patient after starting an investment and waiting for a long time. However, we tend to wait before investing, which is a completely wrong approach. If your earnings are not ideal for investment, you can prepare for investment or wait for a reliable source of income. But if you delay investing even when you have the means, it could make starting your investment challenging or you might miss out on opportunities. I often hear the saying, "Tomorrow means today, and today means now," meaning if you are capable, you should not wait for anything. It is always better to complete a task or start it as soon as possible.

[MusaPk]

Too expensive! They should till Bitcoin gets to $500k then, we're still at the very early stages of Bitcoin therefore anyone considering the price currently is not a very serious person and would miss out on the good opportunity this early stages of Bitcoin has to offer,  I used to worry much about people like these and advise them when we cross path but lately I care less about their decisions cause sometimes it always lead to a big argument and I got better stuffs to do than involving in unnecessary arguments, moreover everyone has their choices to make but those that knows the right thing or are willing to learn to do things the right way rather would take corrections immediately they figure out they're wrong, just that some people claim to know it all when it comes to Bitcoin investment and they end up regretting. Yeah, Bitcoin still has a brighter future and since we're still in the early stages, the best approach is to buy at any entry regardless of the price, then implement the DCA method for better accumulation overtime, this waiting game strategy has caused lots of regrets due to opportunities missed well more people would learn with time anyways.

Fair enough. 100k$ is not the destined price rather a milestone which Bitcoin has just crossed. To me 100k$ price is an indication that Bitcoin has the potential to cross 1M$ mark also in future though we can't predict the date. What we are discussing in this thread is that only those people who have adequate Bitcoins may choose to short some of there Bitcoin while rest of us should focus on Bitcoin accumulation. There is a post from JayJuanGee that gives idea about who has adequate number of Bitcoins and may choose to cash out some of his coins and which one of us still need to keep on accumulating.

I am not sure if we can make that general of a statement regarding what a guy should do once he starts to feel that he no longer needs to DCA.. because there can be quite a bit of variance in regards to how much a guy might be cutting out DCA or ONLY doing DCA during certain kinds of BTC price conditions.

Maybe it would be helpful to give a couple of examples?

Hypo 1 (10-year BTC investor who came into bitcoin already with a decently large investment portfolio)
This person might have invested into bitcoin for 1-2 years using DCA method, and maybe even lump sum investing, so maybe has a $750 average cost per BTC, and maybe built up 300 BTC, and so maybe he just plays the waves and feels like he has enough BTC, and accomplished most of his DCA in the first couple years of investing, and maybe will still buy some more BTC from time to time when he perceives the BTC price to be low.. such as near or below the 200-week moving average, other than that he might just be either maintaining his stash and/or cashing out some from time to time.
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[sotelorene]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

Anyone who is waiting for the Dip without having a considerable amount of Bitcoin in his or her portfolio is not a serious investor I mean it's more like someone who doesn't have enough water in his or her reservoir and refuse to fetch water from the tap when it is rushing with the hope that it will rain which is under probability that it may rain or it may not rain and just imagine it doesn't rain what will it become of the person off course regret and murmuring and to me this is lack of knowledge and understanding because a wise person or someone who understands where he or she is going will never do such, I believe everyone knows what is good to do and what is wrong to do but even as this..., some people still need information because information Is power.

[Tonimez]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

Anyone who is waiting for the Dip without having a considerable amount of Bitcoin in his or her portfolio is not a serious investor I mean it's more like someone who doesn't have enough water in his or her reservoir and refuse to fetch water from the tap when it is rushing with the hope that it will rain which is under probability that it may rain or it may not rain and just imagine it doesn't rain what will it become of the person off course regret and murmuring and to me this is lack of knowledge and understanding because a wise person or someone who understands where he or she is going will never do such, I believe everyone knows what is good to do and what is wrong to do but even as this..., some people still need information because information Is power.

Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions. The keep waiting foe bitcoin to fall so that they can invest. They get happier and see more reasons to keep waiting for deep at every slight fluctuations by bitcoin.
This is why an investor should first kill fear and indecisions before he can make a fortune in bitcoin. Newbies find it difficult to HODL. They sell at every slight increase in price but forget that bitcoin is a generational wealth that needs time to grow.

[Zackz5000]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

I don't agree with you on this because i have learnt that there are those who might have gotten to somewhere close to their fuck you or maintenance status that may decide to only be buying whenever there is a dip and that doesn't make them a trader,  I agree with you on your other words, even though buying at dip offers buying more Bitcoin at a lesser price when compared to buying when the price was high, any one that still have a long way to go in their Bitcoin accumulation journey shouldn't wait for it as not to miss good buying opportunities.

You are actually right not all that buy during when bitcoin price is low are traders there are forks who might have been accumulating Bitcoin for a longer time probably 10 years back who might have gotten to their bitcoin accumulation journey might decide to be buying during when the market is dip in other to still stack more Bitcoin at a lower price but buying during only market dip shouldn't be done by new investors because the still have a longer way to go while they can accumulate with the DCA strategy weekly or monthly regardless of the price while the dip should be an opportunity to accumulate more Bitcoin.

Though currently now I don't see bitcoin price as what is high this is still the best time to accumulate Bitcoin so that there won't any form of regret when bitcoin price finally hit $500k and more.

[ginsan]

Of course, any of us can feel some stress both when the BTC price goes up a lot and also when it crashes back down. I attempted to put a system in place in order that I would sell small amounts on the way up and then buy back in increments as the BTC prices falls back down, yet I did not start that plan until I felt that I had reached a state of overaccumulation.

The amounts that are sold on the way up are relatively small... tending to get smaller and smaller with the passage of time, yet back in 2017, I was selling a bit less than 10% every time the BTC price doubled (yet in smaller increments on the way up), and so the value of the BTC holdings become much higher when the BTC price is going up rather than going down, but the sold amounts on the way up provide some comfort when the BTC price goes down, and in 2018 that was about 85% at the maximum down point.  So there can be some stress and regrets, yet we still have to figure out what is a good system overall.. and there were a lot of guys who were stressing in 2018, yet still some of them still were not at a point that they had accumulated enough BTC so they needed to keep accumulating.... even if they had gotten in around the same time as me or maybe some of them were newer than me into bitcoin, so it can be stressful to go through those kinds of periods.

We had a similar period in 2022, even though the amount of UP was not the same as 2017, the amount of down got to very similar levels of despair, especially since the 2022 correction ended up going way below the 200-WMA, which had not happened in prior correction cycles.  Really 2022 we had nearly 16 months of the BTC spot price being around or below the 200-WMA, with the max low point of the BTC spot price getting to right around 36% below the 200-WMA.

I think that for me personally, I have gotten better at dealing with the volatility, but it still is not easy, but it helps to mostly be in profits by many multiples, so even if we might consider that I had times in which my average cost per BTC was around $500 (and perhaps even below) $500 per BTC, I would like to error correct that my cost per BTC may well be between $750 and $1k per BTC, and so I frequently like to round to $1k per BTC in order to help to consider the level of profits within easier to calculate boundaries... so maybe we say that my profits in 2017 and afterwards went from being in the negative to being 20x in profits, yet the correction back down put me in the 3.5x to 10x territory for many parts of 2017 and all the way until 2020...

So then the 2021 run brought my holdings up to 69x profits, but then dropped back down to 16x profits at the lowest point, and so even though there can be stress in either direction, the cushion between cost per BTC and abilities to cash out get greater, so if a person is managing their BTC holdings well, even if BTC continues to be volatile, there might not be big differences in terms of cashing out at 50x-ish or even cashing out at 108x, especially since the cash out amounts might ONLY be a fraction over the overall holdings.   

So a guy could decide to cash out a certain quantity of BTC that might have cost him $100 worth of BTC, and if he cashes out at 55x, then he will get $5,550 for that $100 investment, or maybe if he were cashing out today he would get $9,700 for that same $100 cost.  Sure it makes a difference, but it might not be a great difference in terms of the Bitcoin continuing to give value and options, and no real compelling need to cash out large portions, just cash out amounts that are reasonably needed and when there might not be other sources of cash to spend first.

There can be questions about "I need to spend more," and some of that problem comes from having gone through a lot of the periods of just letting bitcoin's compounding value play out and not cashing out too much too soon, so that later down the road more options might end up coming available.  Such options are not guaranteed, but they seem to be worth taking chances to put value into bitcoin since bitcoin's investment thesis does not seem to be getting any weaker, even if its upside potential might not be as great as it was 10 years ago.

Yes, I understand of course there is a basis for thinking that continues to be thought of when the market situation changes suddenly. But is there anything else that should be done at a time like that, for example like you where your accumulation has reached a point of satisfaction and is there a stronger thought that supports the idea of ​​continuing to buy when dips come.

With your long experience and good management, of course you have succeeded in reaping quite a large profit in the bitcoin investment that you have made.

However, I am not very good at calculating percentages but with your initial accumulation in 2013 of course you have achieved a lot of percentages if calculated at the current price.

How is your mindset where you can manage as well as possible when you decide to sell when you need it.
To be honest, we are still in a fairly early accumulation because we have not reached 5 years of routine investment, I plan to follow your steps in the future, when satisfaction is achieved we will do the calculation to achieve the percentage of profit in the time we spend investing in bitcoin. For example, in the 6th year we will calculate the amount of profit, but in such conditions, hopefully our steps will continue to accumulate until reaching the 10-year mark.

[Mayor of ogba]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

Anyone who is waiting for the Dip without having a considerable amount of Bitcoin in his or her portfolio is not a serious investor I mean it's more like someone who doesn't have enough water in his or her reservoir and refuse to fetch water from the tap when it is rushing with the hope that it will rain which is under probability that it may rain or it may not rain and just imagine it doesn't rain what will it become of the person off course regret and murmuring and to me this is lack of knowledge and understanding because a wise person or someone who understands where he or she is going will never do such, I believe everyone knows what is good to do and what is wrong to do but even as this..., some people still need information because information Is power.

Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions. The keep waiting foe bitcoin to fall so that they can invest. They get happier and see more reasons to keep waiting for deep at every slight fluctuations by bitcoin.
This is why an investor should first kill fear and indecisions before he can make a fortune in bitcoin. Newbies find it difficult to HODL. They sell at every slight increase in price but forget that bitcoin is a generational wealth that needs time to grow.

It is not because of fear and indecision that makes newbies to start their bitcoin investment with buying the dip strategy; they just fail to understand that starting their bitcoin investment with buying the dip strategy is not the best strategy they should adopt at their early stage of bitcoin investment, and this may be because they are new to bitcoin and they can't figure out the right strategy that will help them to consistently accumulate bitcoin without waiting for any entry point. Since we have been around bitcoin for a long time and have more knowledge in bitcoin than newbies and know the best strategy that suits newbies, it is our duty to tell any newbie that starts his or her bitcoin investment with a wrong strategy to adopt the DCA strategy in accumulating bitcoin, which will allow him or her to consistently accumulate bitcoin anytime his or her money is readily available since he or she is a low coiner.

[JayJuanGee]

[edited out]

Yes, I understand of course there is a basis for thinking that continues to be thought of when the market situation changes suddenly. But is there anything else that should be done at a time like that, for example like you where your accumulation has reached a point of satisfaction and is there a stronger thought that supports the idea of ​​continuing to buy when dips come.

With your long experience and good management, of course you have succeeded in reaping quite a large profit in the bitcoin investment that you have made.

However, I am not very good at calculating percentages but with your initial accumulation in 2013 of course you have achieved a lot of percentages if calculated at the current price.

How is your mindset where you can manage as well as possible when you decide to sell when you need it.
To be honest, we are still in a fairly early accumulation because we have not reached 5 years of routine investment, I plan to follow your steps in the future, when satisfaction is achieved we will do the calculation to achieve the percentage of profit in the time we spend investing in bitcoin. For example, in the 6th year we will calculate the amount of profit, but in such conditions, hopefully our steps will continue to accumulate until reaching the 10-year mark.

Surely you could have a running tally of how much you are spending to buy bitcoin and then you can also see how many bitcoin you have, so that would give you your average cost per BTC, and perhaps on a running basis you can see how much you had at various points, even summarizing each month in regards to where you are at. 

If you are fairly sure that you don't quite have enough BTC, then, hopefully you bitcoin stash continues to grow every month.

Of course you can also monitor your current standard of living, and you can monitor whether at some point the bitcoin that you accumulated might start to be valued several years worth of your income/expenses, and yeah, it takes longer to achieve if you do not have very much discretionary income and/or if you are unable to put in very much value each week or month.

So if you are ONLY able to put it 10% of your income per year, it is going to take you 10 years to reach 1 year of your income invested into bitcoin, and surely, the value of those holdings could also be increased if the BTC price goes up at some later date after you had been able to accumulate more BTC at earlier dates (if that is possible?).

One of my own personal advantages was that by the time I had gotten into bitcoin, I had already been investing into non-bitcoin /  traditional assets for more than 20 years, so I had already invested more than  a few years of my then income into various investments (including whatever price appreciation that had happened in the investments too.  So in that case I was able to be more aggressive than a newbie, but i still felt that I was constrained in moving some of the value from my traditional investments into bitcoin, and so in that sense it took me about a year to get my bitcoin allocation to be 10% of my various other quasi-liquid investments that I had at that time... so then when I spent another year continuing to invest into bitcoin and I got to 13.5%-ish, I was feeling over-invested into bitcoin (based on my then ideas, even though these days, if I were a newbie to bitcoin, I would not consider myself to be over-invested into bitcoin until I were to reach more than 25% invested into bitcoin, so these days I have considered that bitcoin has become a more safe investment and also there may be justifications to have higher allocations than previously justified at the time that I got into bitcoin).

It is not easy to try to imagine ourselves at a different time, even though many of the cash management rules still apply, and usually there would be more stress in the beginning years, yet as the value of your BTC holdings go up (in the event that it goes up, since it is not guaranteed) and as each of us should be learning how to better manage our cashflows in accordance with our personal circumstances, then surely we should be getting more and more to places of more comfort in terms of having more options and having more funds, even if we still might find ourselves continuing to need to accumulate bitcoin in order to keep building our BTC stash, whether we are able to get it built up to the value of several years of our income or not.

[Cryptoprincess101]

Buying Bitcoin at the current price may seem to many like, "This is too expensive, it would be better if it was a little lower", but the current price is never much higher compared to the possible future price.
Yes, you are absolutely right that starting to buy right now can be a welcome opportunity for beginners, because Bitcoin is currently priced at $97K, which is a good price compared to its potential future value, the current price is an ideal price to start investing.
So those who believe in the future outlook of Bitcoin, they should start investing without delay, because its opportunity can go away at any time. So, instead of depending on time and waiting for DIP, keep investing continuously, and keep increasing Bitcoin stash. The future of Bitcoin is very bright.

Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.

So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.

Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.

Waiting for a dip to happen before one can start accumulating Bitcoin is a waste of time, people who are always interested in waiting for dip before they can accumulate are usually traders, someone who wants to hold Bitcoin for 10 years and above won't see any reason waiting for dip because they know the price of Bitcoin now won't be the same in the next 10 years to come.
Dip should be something we benefit along the line of our accumulation journey you don't wait for it, just keep moving and you will meet it along the road.
We all know a dip will surely happen in Bitcoin investment but you won't wait for it start your accumulation journey and when ever it comes you make good use of it, all you need to do is prepare for it while accumulating not waiting for it to happen before accumulating.

I don't agree with you on this because i have learnt that there are those who might have gotten to somewhere close to their fuck you or maintenance status that may decide to only be buying whenever there is a dip and that doesn't make them a trader,  I agree with you on your other words, even though buying at dip offers buying more Bitcoin at a lesser price when compared to buying when the price was high, any one that still have a long way to go in their Bitcoin accumulation journey shouldn't wait for it as not to miss good buying opportunities.

I think you don't comprehend the point at SuperBitMan is trying to make, he is not totally saying that it's not good to wait for a DIP, but he is talking about starters or rather beginners who wants to start investing in bitcoin. Just like the price of bitcoin is now, there are some folks who might want to start investing in bitcoin but may consider the price of bitcoin as high and will want to wait for the price to DIP before they can start accumulating so those are the people that SuperBitMan is talking about and not those who already owns a large amount of bitcoins in the custody and may have been satisfied with the amount they are hodling and ONLY looking for an opportunity to still acquire more when the price DIPs.
         In all, whether a beginner or someone who already owns investments in bitcoin, so far as they still find the need to buy more bitcoins, waiting for a DIP may not be necessary and besides with the use of the DCA strategy, they can still meet an opportunity to buy at a DIP price within the intervals of their accumulation stage.

[Samlucky O]

Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions.

Buy the dip is not only an Anthem for the newbies but for all investors who need to accumulate more or mitigate the opportunity of any slighted dip.  Even the aspect of fear and indecision is also applicable to both old and newbies bitcoiners or investors.  The Anthem is a reminder to all, both the faithful bitcoin Hodlers and the FOMOer and other categories of people like traders who may still have doubt about bitcoin.  Because surely as we speak about bitcoin important and it's future,  many people still have doubt and sell at a sligthest dip instead of buying more. So I will say the word buy the dip has no specific direction but a reminder to all to buy and Hodl since we are still at bitcoin early stage.  Of course most people will still be swimming in the pool of there decision of selling at any sligh dip but it's up-to them. But the fact remains that those who are dedicated and focused, has a price at the end of the tunnel, since the road to success is not for everybody.

This is why an investor should first kill fear and indecisions before he can make a fortune in bitcoin.

Surely killing fear and indecision is an important factor to succeed but doesn't end there,  you should also be determined and focused to constantly invest in bitcoin from your discretion with what you can afford to lose for a longer period of time from at least 5-10 years and or 20years above before you can think of to succeed because one thing is making a decision and standing by it practically because most folks has said it often but yet not being able to stand by it.

[MusaPk]

I think you don't comprehend the point at SuperBitMan is trying to make, he is not totally saying that it's not good to wait for a DIP, but he is talking about starters or rather beginners who wants to start investing in bitcoin. Just like the price of bitcoin is now, there are some folks who might want to start investing in bitcoin but may consider the price of bitcoin as high and will want to wait for the price to DIP before they can start accumulating so those are the people that SuperBitMan is talking about and not those who already owns a large amount of bitcoins in the custody and may have been satisfied with the amount they are hodling and ONLY looking for an opportunity to still acquire more when the price DIPs.
         In all, whether a beginner or someone who already owns investments in bitcoin, so far as they still find the need to buy more bitcoins, waiting for a DIP may not be necessary and besides with the use of the DCA strategy, they can still meet an opportunity to buy at a DIP price within the intervals of their accumulation stage.

Bitcoin is for the long term investment not for short term. There are people who get excited whenever something goes up whether its stock market or any other trading market. They invest with the mindset that since the market is going up, we can invest our money and take profit in short term. Today Bitcoin is at it's peak and same people think that it's right time to invest in Bitcoin since it's going up and will profit in short duration.
Bitcoin is at 100k right now and those who want to invest in Bitcoin can follow DCA strategy to start there journey. Lump Sum is also effective in long term (Please check  https://dcacryptocalculator.com/ to compare results of DCA with Lump Sum).
Bitcoin is not about buying the DIP and sell when it's high. You must have a strategy that guides you how to accumulate Bitcoins in the long run. Bitcoin price may goes up or down but in the long run it's the most profitable investment.

[Barikui1]

I think you don't comprehend the point at SuperBitMan is trying to make, he is not totally saying that it's not good to wait for a DIP, but he is talking about starters or rather beginners who wants to start investing in bitcoin. Just like the price of bitcoin is now, there are some folks who might want to start investing in bitcoin but may consider the price of bitcoin as high and will want to wait for the price to DIP before they can start accumulating so those are the people that SuperBitMan is talking about and not those who already owns a large amount of bitcoins in the custody and may have been satisfied with the amount they are hodling and ONLY looking for an opportunity to still acquire more when the price DIPs.
         In all, whether a beginner or someone who already owns investments in bitcoin, so far as they still find the need to buy more bitcoins, waiting for a DIP may not be necessary and besides with the use of the DCA strategy, they can still meet an opportunity to buy at a DIP price within the intervals of their accumulation stage.

Bitcoin is for the long term investment not for short term. There are people who get excited whenever something goes up whether its stock market or any other trading market. They invest with the mindset that since the market is going up, we can invest our money and take profit in short term. Today Bitcoin is at it's peak and same people think that it's right time to invest in Bitcoin since it's going up and will profit in short duration.

I  largely agree with most of what you said here like Bitcoin investment is for long term and I also agree to the fact that most people only invest when the  price is going up believing that they can sell for minimal gains along the line, but what I totally disagree with here is the words I made bold in your statement, which  you said that Bitcoin is at it peak.
Bro sincerely speaking, Bitcoin is nowhere near it peak price, because we are still in it early days, I believe that with the kind of potential Bitcoin has, it can go as high as a million dollar in the future, so 100k that it is now is nowhere near the potential price of Bitcoin in like 10 to 20 years time from now.
So in my own opinion, now is still the best time to buy Bitcoin regardless of it current price because it can still do like 10x to 20x of it current price in the nearest future.

[Tmoonz]

Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions.

Buy the dip is not only an Anthem for the newbies but for all investors who need to accumulate more or mitigate the opportunity of any slighted dip.  Even the aspect of fear and indecision is also applicable to both old and newbies bitcoiners or investors.  The Anthem is a reminder to all, both the faithful bitcoin Hodlers and the FOMOer and other categories of people like traders who may still have doubt about bitcoin.  Because surely as we speak about bitcoin important and it's future,  many people still have doubt and sell at a sligthest dip instead of buying more. So I will say the word buy the dip has no specific direction but a reminder to all to buy and Hodl since we are still at bitcoin early stage.  Of course most people will still be swimming in the pool of there decision of selling at any sligh dip but it's up-to them. But the fact remains that those who are dedicated and focused, has a price at the end of the tunnel, since the road to success is not for everybody.

By definition if a dip simply refers to a decrease or fall in price of an asset how does buy the dip even become an anthem for newbies who are still buried in fear and indecisive? Any one who is still skeptical about an asset will not attempt to buying it on seeing the price in dip, anyone who is still very indecisive with fear about Bitcoin will never invest and even if they do there investment decisions will be made based on emotions of negativity which is very wrong, buy the dip is not an anthem for newbies who are still buried in fear and indecisive neither is it an anthem for any investors but rather it creates an an avenue of buying Bitcoin in lesser price when compared to buying from previous high which is simply an added advantage, buy all the time should be an anthem for all investor. Perhaps a newbie investor shouldn't even be making investment decisions based on the market conditions.