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MainIbem
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December 22, 2024, 09:31:30 AM |
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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. I think investment on Bitcoin should be based on trust and believe on the potential of the coin, Bitcoin over time has shown great potential and that's what newbies willing to investment on it should capitalise on, as a newbie you don't go into such investment with emotions or double minded about the future outcome cause at some point with such mindset the newbie could get frightened by a dip and take profits when their investment is not due, Bitcoin having a long-term investment plan is meant for those who understands and believes in the potential of the coin giving them profits in future for Instance, Saylor keeps buying regardless of being uncertain about the future because he's seen the outcome of the coins growth in different circles and believes that it would do better in future and that's why he's more into buying the asset than selling, it's that believe that would help him maintain discipline and achieve his long-term goal, such person wouldn't entertain emotions and take profits anytime soon, that's what newbies, not only newbies but every investor should emulate. However It has been stated countless times that people who only wait for the dip before they buy would end up missing out on lots of accumulation opportunities and that's just it, Newbies shouldn't be waiting for a dip before buying Bitcoin.
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EluguHcman
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December 22, 2024, 10:01:05 AM |
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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. What is even the Dip price on Bitcoin if I may ask? To me, the market is always Dip because as we could buy at any value whether high or low, the promising outcome of holding for a long time is that whatever price you bought would be seem a Dip when the market began possessing its increase as part of its valuable potentials. So therefore, setting up a long run goal to hodl is the best practice if we must beat that fearful high price to be bought otherwise, waiting for consolidating marketing price that would suit your emotions may end up a dream never come through because that dipper expectations before you can buy may not come and then you will be left out behind.
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Samlucky O
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December 22, 2024, 10:17:07 AM |
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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? I think I am not in position to answer that question, you should rather ask @ Tonimez because he was the one that suggested the anthem for newbies which I replied with his slang. But that is not my problem and of course I don't see anything wrong in using the word 'anthem for buying the dip' because surely whatever is being repeated often can be categorized as anthem and of which we talk about buy the dip everyday here in this thread so there is no big deal. I don't even have problem with that, but where i find it problematic is when he said " Buy the Dip to me is only an anthem for Newbies who are still buried in fear and indecisions."
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MuffinMaster
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December 22, 2024, 11:32:45 AM |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP.
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As-Soon-As
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December 22, 2024, 02:09:36 PM |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. Your information will definitely confuse new investors, so it is best for us to talk about how to invest in the long term and collect Bitcoin DCA method. If new investors invest based on this information, there is a possibility of selling the investment, so you can never confuse new investors with such information. Here we are discussing buying deep and buying Bitcoin in the regular DCA method and how to hold Bitcoin for a long time. Your such low discussion is crushing our movement.
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JayJuanGee
Legendary
Online
Activity: 4326
Merit: 13890
Self-Custody is a right. Say no to "non-custodial"
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. You are wrong MuffinMaster. Waiting is not an investment strategy because it ONLY prepares for down, and does not prepare for up. How can you prepare for up if you don't have any coins? By definition a newbies does not have any coins, so if he is waiting, he is ONLY preparing for down, which may or may not happen. That is not investing. That is gambling. Even a low coiner should probably not be waiting, since by definition a low coiner would be someone who has assessed himself to not have enough BTC, so again, if he has assessed himself to not have enough coin, then he is in a similar position as the no coiner in terms of getting additional coins, and should be buying in order to prepare for up rather than waiting for down that might not happen. Of course, a person with coins has more options depending on the number of coins that he has, so a person with more coins may well be in a more logically consistent position to employ some waiting as compared with a person who may have had assessed that his coin stash is way too small, and that person may with an assessment of a way too small coin stash is likely going to be better off to just keep stacking and not paying attention to the BTC price, perhaps for a cycle or two. Another problem with waiting as an investment strategy is that it puts an investor into a wrong state of mind. In essence, an investor into bitcoin should be buying on a very regular basis, perhaps weekly, so that he is consistently stacking BTC for perhaps a whole cycle or a whole cycle and a half, and then he can reassess at that point, in regards to his 4-10 year or longer investment. Of course, if an investor is able to front load his investment, then at that point he might supplement his investment by buying on dips. It can take a long time to build wealth and to give investors more options, so if someone had been investing on a weekly basis for more than 4 years, the earlier purchases are going to be older than the later purchases, so that is another risk of spreading out investments, yet most people do not have lump sum investments available, and the most practical thing tends to be to build a bitcoin investment over time, even if a person is going to front load his investment, he still might take several months, or even a year to establish his stake in a front-loading kind of way. I am not opposed to the idea of making weekly buys, and trying to time those weekly buys for dips during the week, even though in the end it might not make a really BIG difference, and surely there may well need to be a commitment to buy a certain amount of BTC (spend a certain amount of fiat to buy BTC), even when there can be attempts to buy the dips within the week too.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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bitzizzix
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December 22, 2024, 02:38:22 PM |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. You are right and it is their right to want to buy Bitcoin when the price drops or do the DCA method without having to care about the price of Bitcoin and what they do is continue to make purchases periodically or maybe they can take advantage of the decline to add to the purchases made periodically. And that is your money and also your right, but there is nothing wrong if other people give the best advice for your interests and also your good in the future because whatever the strategy if you do it for the long term Bitcoin will always provide good profits. And it all depends on your financial condition, if you are rich I think it's okay if you buy Bitcoin when the price drops and buy in large quantities and hold it for the long term. And if they have limited finances doing the DCA method is an ideal choice because you can buy Bitcoin according to your ability which you can do every week or month which will be big in the long term if you do it consistently and this method is the best choice that is most likely also done by big investors, and also adding profits when the price of Bitcoin drops is a good choice. And for me Bitcoin is the best investment for those who have limited income by doing DCA which will make them big people in the future, so it is a shame if we do not take advantage of this best opportunity.
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Justbillywitt
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December 22, 2024, 03:25:59 PM |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. You are sounding as if $100k is the best value that bitcoin will ever get to. And you are totally wrong with your analysis. Buying bitcoin at $100k is even cheap compared to where bitcoin will be in the nearest future. Since your investment is for the long term, you can invest even at the price you consider as peak price. The only thing you can do is that, you shouldn't be aggressive when buying at that level, when the market is at it's peak. But telling an intending investor to wait is wrong. What if he is waiting and bitcoin continues pumping, what will be his fate? Even if he has invested and price correction happens, such an investor is far better than someone who is waiting for dip before investing. The investor has gained an experience from that price correction and as he continues holding, bitcoin will definitely go back up. If he has invested and price correction happens, he can tend to invest more aggressively in order to maximise the price correction. In nutshell it's a wrong ideology to tell prospective investors to prolonged the intentions to invest in bitcoin because bitcoin is at $100k ans and above. You have forgotten that from that $100k, bitcoin it can get to $150k and $200k.
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Felicity_Tide
Sr. Member
  
Offline
Activity: 644
Merit: 355
cout << "Bitcoin";
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December 22, 2024, 07:37:57 PM |
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You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP.
And what price do you believe a newbie can wait for?, The $60K, No way!!. Fine, you are talking from your own view, but let's be more realistic, with the way Bitcoin is currently, does it look like the price is going to drop so drastically anytime soon?, That's simply a NO. I think we have to understand that investment opportunities don't come twice. The process of waiting and choosing not to invest what you have at that moment might result to spending the investment funds, and maybe Bitcoin moving further above the price you where contemplating on. In my few months(maybe a year now), I have missed opportunities myself while believing that I can wait on Bitcoin's price to drop before buying, which is a crazy approach to Bitcoin investment IMO. The truth is, everyone certainly loves to buy a dip if they are opportuned to, but the importance and the benefits of DCAing can not be overshadowed either. You just have to understand that if Bitcoin happens to be at $100K, and you made a purchase of $100 worth, and then touches $70K, and you also made another purchase of $100, you will certainly make profits at the end of the day because the price will definitely grow above $100K in the future, if only you have a good investment plan on ground. Bitcoin isn't just a one day/one week investment plan. It's a long term process.
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danadc
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December 22, 2024, 07:59:02 PM |
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The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
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red4slash
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December 22, 2024, 09:47:30 PM |
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You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP.
But in the end, the ideal of being in bitcoin is for the long term so it really doesn't matter when you buy at $100k or even more when we already want to invest in bitcoin then we must be prepared with all the risks that occur including for the temporary decline that occurs because our goal is for the long term not for the short term. Keep in mind that we are in an investment that could take even up to 5-10 years so that the results are maximized so that in the end the current price benchmark is not a problem as long as we can afford to buy even if it's still at $100k why not? Indeed, we must also expect a lower price and that is considered ideal by some people by buying on the dip but that clearly must try to wait even maybe the possibility can happen or not so as long as we can buy regardless of the current price and decide for the long term then I think it doesn't matter when we buy at $100k because it could be that the price we consider expensive today in the future will be considered cheap for bitcoin.
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arwin100
Legendary
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Jack of all trades 💯
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December 22, 2024, 11:26:35 PM |
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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. This buying at the dip is just an excuse for people especially if they feel unsure about what they are doing or just totally afraid to buy since they always think about they are buying at the top. Those feeling will result to something bad to them especially if they missed out certain good events happening, That's why instead of being so skeptical on each situation happen and regret why they didn't take any good action better for those people to start on their investment. Since for sure once they start they would do further more research to increase their knowledge which provably can help them became more better investor. People should know that there's nothing wrong if they buy at the top or dip especially if they plan to hold Bitcoin since the aim is to gather lots of volume after 4 - 10 years and not getting quick profit since they might not get the result they want if they aim for short term only.
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Mayor of ogba
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December 23, 2024, 03:44:46 AM |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. You sound more like a trader than a long-term investor in bitcoin. As far as you are investing in bitcoin for the long term, there's nothing wrong as a newbie if you start accumulating bitcoin at $100k because you know if bitcoin decreases in price, the DCA strategy will give you the opportunity to still accumulate bitcoin at a low price. And someone who is new to bitcoin investment doesn't need to wait for any bitcoin dip to come before he or she can start investing in bitcoin. Since a new investor in bitcoin investment is a low coiner, it is better if he or she starts accumulating bitcoin with the DCA strategy on a weekly or monthly basis right away when his or her accumulation money is readily available, which will allow him or her to consistently accumulate bitcoin more than the investors waiting for a dip even if bitcoin is increasing or decreasing. For a newbie to wait for a dip is totally wrong since anyone is certain if a dip will happen today or tomorrow, and if care is not taken, the newbie might change his mind not to invest in bitcoin again in the process of waiting for the dip, so it is better to get the game started than to wait for a fucking dip you are not certain of happening.
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Samlucky O
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December 23, 2024, 03:52:13 AM Merited by JayJuanGee (1) |
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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.
What is even the Dip price on Bitcoin if I may ask? To me, the market is always Dip because as we could buy at any value whether high or low, Surely the the market dip differs, there are dip that are greater than each other and are rear to see. We may often see %-4 or %-5 and there are times the market may dip by %-11 %-15 or even %-20 so surely a person who bought bitcoin during this period of higher dip would have accumulated more stashes compared to a person who bought at lease dip of %-4. This is the example of some dips.   I could also remember some bitcoin crashes that happened some time ago which where a good time to buy the dip. 7 bitcoin crashes
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Zackz5000
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December 23, 2024, 04:56:29 AM Last edit: December 23, 2024, 06:43:16 AM by Zackz5000 |
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This are wrong advise I disagree with you, firstly it's wrong telling people who are already in Bitcoin accumulation journey to wait till Bitcoin settle if I may ask settle for what exactly, Bitcoin having a dip didn't start today it's part of Bitcoin growth people who are already accumulating Bitcoin should continue, infact this is an opportunity for them to accumulate more Bitcoin with less price since there's a dip and not for them to wait.
You are wrong for saying if someone haven't bought any bitcoin then entering bitcoin at current price will be a bit risky, I totally disagree with you because there's no best time for someone to start accumulating Bitcoin, if you see now as a bad time to start accumulating Bitcoin then you really don't understand Bitcoin and how it works and you have no idea about Bitcoin and it's history growth.
You can disagree it's your right to agree or disagree with something. My view is that if someone hasn't bought Bitcoin yet then why buying first Bitcoin at ATH. One can wait for price to come down. There is bright chance that if someone buy Bitcoin at 100k then his investment may struck for longer duration. It's rule of market that price always comes down after a massive increase in price. 100k is best value Bitcoin has achieved so far and defiantly it will go down from here. That's why my point of view is that those who are new to Bitcoin must wait for price to come down and there is nothing wrong in waiting for next DIP. From your forum registration date you are supposed to know that waiting for dip before accumulating Bitcoin is not an investment method but gambling/trading strategy and this could also mislead who want to accumulate Bitcoin now not to because your have already told them not to because you believe that bitcoin price at $100k is high what will then advise them if bitcoin price is $500k I will tell you mate this should be an opportunity to start accumulating Bitcoin for it is now that those who are new into bitcoin investment should accumulate waiting for bitcoin to dip may probably kill your Bitcoin investment plans because you might be waiting while bitcoin keep going high, if the money to invest is available you can start with little amount using the DCA strategy where you can be accumulating Bitcoin gradually either weekly or monthly irrespective of Bitcoin price and hodl for long. You can be waiting for bitcoin to dip while the money meant for investment can be taken away by unforeseen or unexpected issues so the best thing is to invest in bitcoin now since it is for a long time purpose then when the dip comes it will now give an opportunity to accumulate more Bitcoin since you will be buying at a lower price. The ideal is always to buy cheap and sell high, buy in the dip,
This is also a misleading statement you must really be a gambler because that is a gambling strategy always waiting for market dip before buying very wrong change that mindset if you want to grow your bitcoin portfolio.
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laijsica
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December 23, 2024, 05:00:37 AM |
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The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.
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sotelorene
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December 23, 2024, 05:56:40 AM |
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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. I want to believe the name Newbie is affecting them and I want to also believe that to an extent they don't still understand the market or the potential of Bitcoin. Some newbie view or see Bitcoin as other cryptocurrency coin that once they dip or fall they won't go up or increase again and this is what is making some of them to be skeptical and indecisive and again some newbie are not interested in holding for years they are interested in investing and making profit the next day which is not what investment is all about I hope they wake up one day and see what Bitcoin holds in the future.
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Mayor of ogba
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December 23, 2024, 06:03:26 AM |
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The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
You are wrong; I know everyone wishes to buy bitcoin at a low price, but that is not possible because nobody knows exactly when bitcoin prices will decrease, so the idea is to consistently accumulate bitcoin with our discretionary income in such a way it will not stop us from solving our daily expenses and hold it for 4-10 years or more because any investment that is not up to 4 years is a short-term investment, which is not advisable for anyone to adopt. Always waiting to buy the dip will only delay you from accumulating bitcoin consistently because you are not sure when it will happen, so I would prefer to accumulate bitcoin with the DCA strategy because it also gives you the opportunity to accumulate bitcoin in the dip, and you will not be worried about buying the dip because the DCA strategy has you covered.
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Barikui1
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December 23, 2024, 06:45:09 AM |
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It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
All you where saying was quite ok too me until you said this, so I just want to make a correction here, because it can be misleading if not corrected. Bro it's very much true that Bitcoin value can go even further up by January, but it's still very cheap comparing to how much Bitcoin can go in the future, let's take a look at Bitcoin and it growth over the years, it shows that it hasn't even gotten close to it peak price, so if you acquire it now and it later went as high as a million dollar in the future, isn't it very cheap acquiring it at this current market price? as long as you are a long term holder and you knows the true potential of Bitcoin, you will gladly buy it now knowing fully well that the price you are getting it now is extremely good comparing to what you might gain in the future. So in essence of what am trying to say is that bro, now is the best time to buy Bitcoin because we are still in it early days, so I believe that any price you get it now is still very cheap comparing to the value it might skyrocket to in the nearest future.
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MainIbem
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December 23, 2024, 08:03:06 AM |
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It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
All you where saying was quite ok too me until you said this, so I just want to make a correction here, because it can be misleading if not corrected. Bro it's very much true that Bitcoin value can go even further up by January, but it's still very cheap comparing to how much Bitcoin can go in the future, let's take a look at Bitcoin and it growth over the years, it shows that it hasn't even gotten close to it peak price, so if you acquire it now and it later went as high as a million dollar in the future, isn't it very cheap acquiring it at this current market price? as long as you are a long term holder and you knows the true potential of Bitcoin, you will gladly buy it now knowing fully well that the price you are getting it now is extremely good comparing to what you might gain in the future. So in essence of what am trying to say is that bro, now is the best time to buy Bitcoin because we are still in it early days, so I believe that any price you get it now is still very cheap comparing to the value it might skyrocket to in the nearest future. I don't see anything misleading concerning his statement maybe you didn't read well to understand what he's saying, you both are on the same page cause his question State "so is it not cheap to buy now?" and not the other way round, stating that there's a possibility of Bitcoin rising by January alone should've made you understand that he aware that it's more cheaper to buy at this point. Anyways, it's very true that we're still at the early stages of Bitcoin therefore I don't think anyone should be scared or worried about the price or even want to wait for more downslide before buying, while waiting the person would definitely miss several opportunities, the market has given us the opportunity of buying more so it would be best to seize the opportunity now and even buy more if it the price decrease more, that's considered as more buying opportunity. If you notice, big institutions and top business tycoons are still buying so i wonder why individuals would be having second thoughts instead of seizing this buying opportunity the market has offered.
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