Buy the DIP, and HODL!

[Nheer]

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.

Buying cheap is the target of all investors but Waiting for the perfect low price can be a time wasting strategy as prices may rebound before you buy. To avoid missing opportunities, consider adopting a Dollar-Cost Averaging (DCA) strategy. This approach allows you to accumulate assets consistently, regardless of price fluctuations, focusing on long-term investment goals.

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.

There is no perfect time to buy so waiting for the right time to is a waste of time and you’re only risking to buy at a higher rate instead of buying at a more cheaper price. With time the value of bitcoin keep growing and so the best way to invest while not wasting time trying to time the market and know the perfect time to buy is to use the DCA strategy that way you have absolutely nothing to worry about other than sticking to your plan of buying at regular intervals.

[FortuneFollower]

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.

Buying cheap is the target of all investors but Waiting for the perfect low price can be a time wasting strategy as prices may rebound before you buy. To avoid missing opportunities, consider adopting a Dollar-Cost Averaging (DCA) strategy. This approach allows you to accumulate assets consistently, regardless of price fluctuations, focusing on long-term investment goals.

A person either goes for DCA or buys in lumps due to not searching for the average price.
Because he will hold till he still gets out with a good PNL.
But from a perspective of the stability of the investment - it's better to apply DCA than to use only the lumps to buy dips.
For each - there is a path to choose on the market 

[Odohu]

         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.

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 disagree with what you have said but I will not support the idea of sounding compulsive when persuading someone to invest in Bitcoin because there is never a wrong time to buy Bitcoin. Bitcoin will be here today and tomorrow and there will be many new participants in the future as the price will continue to get better. So rather that compelling someone to buy Bitcoin now, we should spend more time educating them about the importance of getting involved and the right approach of investing in Bitcoin else some of them will buy now and expect profits the next day because of how we hype the profits of Bitcoin.

A process like the DCA method, which stand out as one of the best any new participant can adopt, does not have any form of compulsion in it rather it makes the investment process an ongoing one and also encourages the investor to think more of buying than expecting some quick returns. This is what we should be encouraging new investors to work with and not the other way round.

[Ricardo11]

~

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.

Bitcoin is currently worth $95K, and at this price, buying Bitcoin is an ideal price. Those who research the future potential of Bitcoin know very well how valuable Bitcoin is going to be in the future, and they will not miss this current opportunity in any way. now, every investor should not be too worried about the temporary fluctuations of the market and take advantage of the opportunity. Because they how much more wait fot the dump, they will miss that more opportunities.

[betswift]

Bitcoin is currently worth $95K, and at this price, buying Bitcoin is an ideal price. Those who research the future potential of Bitcoin know very well how valuable Bitcoin is going to be in the future, and they will not miss this current opportunity in any way. now, every investor should not be too worried about the temporary fluctuations of the market and take advantage of the opportunity. Because they how much more wait fot the dump, they will miss that more opportunities.

Dump is there to buy the dip and move forward.
Bitcoin is there to instill hope into the market and be the bulwark of crypto.
These simple truths come and click to people once they've been for a while on the market and learned much from the space in general.
 
Downs are temporary, but Bitcoin's bright future is eternal.

[Mayor of ogba]

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.

Investing in bitcoin with the idea of what people think or what people predict the price of bitcoin will be in a given period of time is not good, so that if it fails to achieve that predicted price, you will not get angry and be forced to sell your bitcoin at a loss just because it is not what you were told that happened. Bitcoin investment should be done at your own free will and what you believe bitcoin would achieve in the long run so that you will be responsible for your actions in investing in bitcoin, which will guide you to continue holding your bitcoin for a long time even though there is a dip.

[hero_the_bossman]

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.

Investing in bitcoin with the idea of what people think or what people predict the price of bitcoin will be in a given period of time is not good, so that if it fails to achieve that predicted price, you will not get angry and be forced to sell your bitcoin at a loss just because it is not what you were told that happened. Bitcoin investment should be done at your own free will and what you believe bitcoin would achieve in the long run so that you will be responsible for your actions in investing in bitcoin, which will guide you to continue holding your bitcoin for a long time even though there is a dip.

The sentiment of the market is traced back to Bitcoin itself - it's not hard to see where the crowd is cheering, in fact.
But the main thing to remember is that everybody is following their own agenda - be it pro or anti-Bitcoin and crypto figures.
So they may say all they want, but you truly need to get yourself the facts and theory that would enable you to operate yourself, just listening to the news that are arising here and there.

[Sim_card]

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.

It's better to take the risk now and invest in bitcoin than taking the risk of not getting started right away when you have your discretionary income ready. This is because whatever risk you take now to start buying and building your bitcoin at this current price is not a waste of time or resources since you are investing in the long-term, and your bitcoin size will be in a better position than waiting for nothing, just because you have some waiting idea.

An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.

[Olatundespo]

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.

Investing in bitcoin with the idea of what people think or what people predict the price of bitcoin will be in a given period of time is not good, so that if it fails to achieve that predicted price, you will not get angry and be forced to sell your bitcoin at a loss just because it is not what you were told that happened. Bitcoin investment should be done at your own free will and what you believe bitcoin would achieve in the long run so that you will be responsible for your actions in investing in bitcoin, which will guide you to continue holding your bitcoin for a long time even though there is a dip.

The sentiment of the market is traced back to Bitcoin itself - it's not hard to see where the crowd is cheering, in fact.
But the main thing to remember is that everybody is following their own agenda - be it pro or anti-Bitcoin and crypto figures.
So they may say all they want, but you truly need to get yourself the facts and theory that would enable you to operate yourself, just listening to the news that are arising here and there.

You may be confused by investing based on particular information. Bitcoin does not tempt you to the point of being completely immersed. If it is easy you can practice saving Bitcoin along your path, which may be financially suitable for retirement. Try to avoid getting bogged down in misinformation on the market and social media. Bitcoin is for you which is the DCA strategy. Within the limits of your expectations and assets Bitcoin savings in the DCAing method can be compared to the vastness of the sky. Through long-term savings which is to get decent holdings you have to practice yourself to save Bitcoin along your road.

[GIF-JOBS]

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.

It's better to take the risk now and invest in bitcoin than taking the risk of not getting started right away when you have your discretionary income ready. This is because whatever risk you take now to start buying and building your bitcoin at this current price is not a waste of time or resources since you are investing in the long-term, and your bitcoin size will be in a better position than waiting for nothing, just because you have some waiting idea.

An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.

I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin investment, it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or  you will be needed after 1 to 2 years that money, you should never be used for investment.

Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.

Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.

[Sim_card]

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.

It's better to take the risk now and invest in bitcoin than taking the risk of not getting started right away when you have your discretionary income ready. This is because whatever risk you take now to start buying and building your bitcoin at this current price is not a waste of time or resources since you are investing in the long-term, and your bitcoin size will be in a better position than waiting for nothing, just because you have some waiting idea.

An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.

I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin or any cryptocurrency,it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or  you will be needed after 1 to 2 years that money, you should never be used for investment.

Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.

Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.

Stop comparing bitcoin with shitcoins. It's only bitcoin that is worth to invest and hodli for long because it is still growing and will mature to an adult in future. Only bitcoin has the power to multiply your wealth when you invest and grow your bitcoin portfolio with consistency and persistence overtime. Shitcoins are waste of time and resources because they are not promising and can put you to a big loss. This is why I see people investing in them as gamblers and not investors.

However, this is a bitcoin thread and not cryptocurrency because majority of them are scams. Don't mislead the newbies reading this thread and new investors should only invest in bitcoin because it's the only coin with great potential. Forget about shitcoins and focus on building your bitcoin stash for your future gradually with DCA regularly every week or month.

[Shadiq]

An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.

I think we should buy and sell based on our goals instead of buying and selling based on price. Whatever the price, if there is a goal to buy, then I am willing to buy at any price. In long-term investment, price fluctuations do not affect much. If you can buy at a low price, you may get a little more profit. But if you wait for the price to fall, you will delay reaching the goal or you will not be able to reach the goal at the specified time. Waiting for the price is a waste of time. Even in the case of selling, do not pay attention to the price and remain steadfast to your goal. Your goal in investing should be to achieve the goal. If you sell your investment in the greed of profit when the price increases slightly, then you are a failed investor. Finally, prioritize your goal, learn to ignore the price.

[betswift]

An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.

I think we should buy and sell based on our goals instead of buying and selling based on price. Whatever the price, if there is a goal to buy, then I am willing to buy at any price. In long-term investment, price fluctuations do not affect much. If you can buy at a low price, you may get a little more profit. But if you wait for the price to fall, you will delay reaching the goal or you will not be able to reach the goal at the specified time. Waiting for the price is a waste of time. Even in the case of selling, do not pay attention to the price and remain steadfast to your goal. Your goal in investing should be to achieve the goal. If you sell your investment in the greed of profit when the price increases slightly, then you are a failed investor. Finally, prioritize your goal, learn to ignore the price.

Having straightforward and real goals to achieve is great on the market, with Bitcoin or with something else.
Greed and other stuff can ruin any person eager to risk, but it's essential to stay in the reality which is constantly changing - and it's pretty hard to miss out with Bitcoin, if you understand it and how it behaves on the market in the first place.

[Huliya]

Having straightforward and real goals to achieve is great on the market, with Bitcoin or with something else.
Greed and other stuff can ruin any person eager to risk, but it's essential to stay in the reality which is constantly changing - and it's pretty hard to miss out with Bitcoin, if you understand it and how it behaves on the market in the first place.

Everyone knows that Bitcoin is the most volatile asset. The DCA method was created to make this volatile market easier for people. We all know that greed destroys people. But when investing, it is not greed, but consistent discipline. I think that to achieve success with Bitcoin or any other asset, it is enough to be consistent and disciplined. If you only understand the Bitcoin market, then you are just wasting time. But it would be wise to continue investing at certain times without paying attention to the market at that time. Setting a specific goal for investing in Bitcoin is very important.

You have to be especially persistent so that you never sell or lose it before you reach that goal.

[Wind_FURY]

Bitcoin is currently worth $95K, and at this price, buying Bitcoin is an ideal price. Those who research the future potential of Bitcoin know very well how valuable Bitcoin is going to be in the future, and they will not miss this current opportunity in any way. now, every investor should not be too worried about the temporary fluctuations of the market and take advantage of the opportunity. Because they how much more wait fot the dump, they will miss that more opportunities.

Dump is there to buy the dip and move forward.
Bitcoin is there to instill hope into the market and be the bulwark of crypto.
These simple truths come and click to people once they've been for a while on the market and learned much from the space in general.

 

Downs are temporary, but Bitcoin's bright future is eternal.

We have the Federal Reserve and the other Central Banks' money printers for that, which are located in different regions of the world. We can be sure, that without them, Bitcoin wouldn't have enough demand to make it surge to unbelievable price levels.

Because imagine if the supply fiat currencies and government spending were well-managed, Bitcoin won't be giving its HODLers such high returns on investment.

[tiCeR]

...

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.

This is a very straightforward explanation that everyone should understand. Do you want to be FULLY prepared or not? Full preparation is semantically much closer to the term "strategy" than half preparation. I like that.

Maybe someone like MuffinMaster should ask himself whether he would be willing to short BTC at 100k as much as he would be willing to buy. If his conviction is that he would short, then have fun doing it. It is not investing, but if somebody is so convinced that BTC will come down again, then why have the trust in BTC in the first place?

While I can't verify the information, there have been bad stories about people trying to short BTC and I believe there are countless of stories that we will never hear about when someone lost it all. Nobody likes to be a loser, but in this case it was of public interest as he used investor money.

People should at least have a minimum understanding of expected value considerations. If I put in $1,000 and leave it at that, the downside is already known. In a worst case scenario it is $0. Can I handle $0? Yes, ok then why not get into BTC today. This doesn't even consider a DCA strategy. The interesting thing about BTC is that the upside is literally unknown although some guys perhaps have a better understanding of the potential that is still there than others. But those people are unlikely to follow the chart all day long and then derive their decisions from that. They rather see the bigger picture.

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.

I still think that lots of no coiners or low coiners are stuck with the idea that it is either about all in or staying away.

@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.

Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.

[GIF-JOBS]

I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin or any cryptocurrency,it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or  you will be needed after 1 to 2 years that money, you should never be used for investment.

Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.

Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.

Stop comparing bitcoin with shitcoins. It's only bitcoin that is worth to invest and hodli for long because it is still growing and will mature to an adult in future. Only bitcoin has the power to multiply your wealth when you invest and grow your bitcoin portfolio with consistency and persistence overtime. Shitcoins are waste of time and resources because they are not promising and can put you to a big loss. This is why I see people investing in them as gamblers and not investors.

However, this is a bitcoin thread and not cryptocurrency because majority of them are scams. Don't mislead the newbies reading this thread and new investors should only invest in bitcoin because it's the only coin with great potential. Forget about shitcoins and focus on building your bitcoin stash for your future gradually with DCA regularly every week or month.

Actually I'm very sorry, actually my main purpose of this post was only bitcoin, but I can't understand why I mentioned "any cryptocurrency". Trust me, I fully intended to talk about Bitcoin, and if you notice I only mentioned "any cryptocurrency" in this one place, I mentioned Bitcoin everywhere else.

Anyway thanks Sim_card for pointing out my mistake, I will be more careful in future. And I am correcting my previous post.  thank you

[JayJuanGee]

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.

Buying cheap is the target of all investors but Waiting for the perfect low price can be a time wasting strategy as prices may rebound before you buy. To avoid missing opportunities, consider adopting a Dollar-Cost Averaging (DCA) strategy. This approach allows you to accumulate assets consistently, regardless of price fluctuations, focusing on long-term investment goals.

A person either goes for DCA or buys in lumps due to not searching for the average price.
Because he will hold till he still gets out with a good PNL.
But from a perspective of the stability of the investment - it's better to apply DCA than to use only the lumps to buy dips.
For each - there is a path to choose on the market 

PNL is a trading term rather than an investment way of thinking.

Sure we presume that after 4-10 years or longer that our investment into bitcoin is going to be in profits, yet we are not just playing the profit angle but instead considering that our options will probably be greater 4-10 years or more down the road, and sure many guys should be investing into bitcoin for periods that are quite longer than 10 years, yet if someone has health and/or age concerns, then he might be left with shorter term investment timelines such as 4-10 years rather than more reasonable investment into bitcoin timelines of 10 years or more.

Bitcoin is currently worth $95K, and at this price, buying Bitcoin is an ideal price. Those who research the future potential of Bitcoin know very well how valuable Bitcoin is going to be in the future, and they will not miss this current opportunity in any way. now, every investor should not be too worried about the temporary fluctuations of the market and take advantage of the opportunity. Because they how much more wait fot the dump, they will miss that more opportunities.

Dump is there to buy the dip and move forward.
Bitcoin is there to instill hope into the market and be the bulwark of crypto.
These simple truths come and click to people once they've been for a while on the market and learned much from the space in general.
 
Downs are temporary, but Bitcoin's bright future is eternal.

Why should we give any shits about crypto in this thread?

Maybe you are distracted that you feel some kind of pressing need to bring up crypto and to suggest that bitcoin is a part of crypto?

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.

Investing in bitcoin with the idea of what people think or what people predict the price of bitcoin will be in a given period of time is not good, so that if it fails to achieve that predicted price, you will not get angry and be forced to sell your bitcoin at a loss just because it is not what you were told that happened. Bitcoin investment should be done at your own free will and what you believe bitcoin would achieve in the long run so that you will be responsible for your actions in investing in bitcoin, which will guide you to continue holding your bitcoin for a long time even though there is a dip.

The sentiment of the market is traced back to Bitcoin itself - it's not hard to see where the crowd is cheering, in fact.
But the main thing to remember is that everybody is following their own agenda - be it pro or anti-Bitcoin and crypto figures.
So they may say all they want, but you truly need to get yourself the facts and theory that would enable you to operate yourself, just listening to the news that are arising here and there.

What does crypto have to do with this thread?  See my above response to betswift.

[edited out]

Stop comparing bitcoin with shitcoins. It's only bitcoin that is worth to invest and hodli for long because it is still growing and will mature to an adult in future. Only bitcoin has the power to multiply your wealth when you invest and grow your bitcoin portfolio with consistency and persistence overtime. Shitcoins are waste of time and resources because they are not promising and can put you to a big loss. This is why I see people investing in them as gamblers and not investors.

However, this is a bitcoin thread and not cryptocurrency because majority of them are scams. Don't mislead the newbies reading this thread and new investors should only invest in bitcoin because it's the only coin with great potential. Forget about shitcoins and focus on building your bitcoin stash for your future gradually with DCA regularly every week or month.

Exactly!!!

Learn bitcoin first, and if you are still interested in shitcoins and gambling, limit such interest to less than 10% the amount of time, energy and value you put into bitcoin, and yeah 10% may well be too much, but some folks cannot resist temptations to gamble, and they also are likely challenged to put limits on their involvement in gambling/trading and shitcoins, but if they can at last attempt to place such limitations without cheating, then  they might learn that the various shitcoins and gambling is a waste of time... but yeah so many people have to learn the hard way and are not able to lmit themselves until they spend several years losing... and hopefully not losing everything in the process of such way they choose to learn.

...

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.

This is a very straightforward explanation that everyone should understand. Do you want to be FULLY prepared or not? Full preparation is semantically much closer to the term "strategy" than half preparation. I like that.

Maybe someone like MuffinMaster should ask himself whether he would be willing to short BTC at 100k as much as he would be willing to buy. If his conviction is that he would short, then have fun doing it. It is not investing, but if somebody is so convinced that BTC will come down again, then why have the trust in BTC in the first place?

While I can't verify the information, there have been bad stories about people trying to short BTC and I believe there are countless of stories that we will never hear about when someone lost it all. Nobody likes to be a loser, but in this case it was of public interest as he used investor money.

People lose in both directions when they use leverage, and so surely it seems to be quite silly to short bitcoin without having a long position to off-set it, yet there are quite a few people who end up losing money on bitcoin, even when bitcoin is amongst the best (if not the best) investments ever known to man (on a pretty broad scale), so historically, there has been almost no way to go wrong with bitcoin as long as the person had been mostly erroring on the side of buying and accumulating bitcoin and without overdoing it (such as spending beyond his discretionary income or using leverage).

People should at least have a minimum understanding of expected value considerations. If I put in $1,000 and leave it at that, the downside is already known. In a worst case scenario it is $0. Can I handle $0? Yes, ok then why not get into BTC today. This doesn't even consider a DCA strategy. The interesting thing about BTC is that the upside is literally unknown although some guys perhaps have a better understanding of the potential that is still there than others. But those people are unlikely to follow the chart all day long and then derive their decisions from that. They rather see the bigger picture.

Of course, you are describing the nature of an asymmetric bet.  So long as we are not leveraging, then the most that we can lose is 100% of what we had invested, and surely the upside is not exactly known, but there are quite a few variations of upside that seem to make the asymmetric bet in bitcoin to be a good one as compared with other places where your same value could be placed.

I doubt that whether a person invests with DCA, Lump sum, and/or buying on dips really changes the asymmetric bet considerations, since truly most people are not really in a position to put all of their staked amount into bitcoin right away and in one setting, so many times even the lump sum betters are going to invest their amount into bitcoin over a period of time rather than all at once, yet each time the investment happens, it would be justifiable to consider the asymmetric bet characteristics of bitcoin and to make sure that they still apply.. which they  have been applying for many years and bitcoin's investment thesis seems to be getting stronger rather than weaker, even if the upside percentage might not be as high as it was 10-ish years ago.

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.

I still think that lots of no coiners or low coiners are stuck with the idea that it is either about all in or staying away.

Yep.. a lot of normal people think about bitcoin in terms of all or nothing rather than incrementalism, even very smart people.

@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.

Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.

Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting.

[Churchillvv]

@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.

Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.

Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting.

IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments.

[btc_angela]

@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.

Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.

Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting.

IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments.

I disagree, there could be institutions that are buying Bitcoin since 2018, after that huge run we had a year prior when we had almost $20k as our all time high. The thing during that time is that there are not that much media coverage of a company investing, or those companies are secretly buying into it and putting in their balance sheet. Take for example Bhutan, we haven't heard about this country, mining and investing in Bitcoin for many years until they are exposed by a news outlet. So that's one example on how entities are privately into Bitcoin. Here are the list of some companies:

https://www.coingecko.com/en/public-companies-bitcoin

Most of them, we are very familiar, but there are names as well that we never heard of, at least for me.

Not only that but this, The crypto craze is here to stay — now it’s even being taught in high school. This article is old, published in 2018.