Buy the DIP, and HODL!

[cryptoWODL]

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

People who don't have little knowledge about Bitcoin investing and who don't know about the history of Bitcoin price growth can do this. Although Bitcoin can be bought at any time, when the market dips, it creates an additional opportunity for everyone. When the price of bitcoin was $100k dollars it was still possible for anyone to buy bitcoins and when it increases to $1 million dollars in the future it will still be possible for anyone to buy bitcoins if he has the money to buy bitcoins.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others.

Those who still invest in gold instead of bitcoin are fools because they don't know about the potential of bitcoin. We have only seen some stupid people invest in gold like Peter Schiff, but smart people invest in Bitcoin like Michael Saylor.

Enter here and see, Bitcoin investment is better than gold investment.
Bitcoin Is a Better Buy Than Gold in 2025 and Beyond

[arwin100]

Inasmuch as investment is concern time and patience are very crucial factors to be considered and they are the major things that drive every investment. Now come to think of what will be the profit of someone that purchased five bitcoins in 2011 when the price was about $1.00 and patiently hold the five Bitcoin till now that the price is about $100000 per Bitcoin.
The reason for investment is to make profit and this is a factor of time, patience and knowing the best strategies that will sustain the investme for longer time in order to bring a reasonable return in the future, so no investor will be happy when the value of his investment is going down instead of appreciating but if the investor critically learn the entire cycle of the system it enable the investor to have more courage and patient, knowing that the price of Bitcoin is unstable and as such will appreciate in the near future.

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

That's the biggest mistake they made for decision to abandon Bitcoin when those people think that they cannot get something on Bitcoin since the price is not appealing to them. Then look at what happen now the price of Bitcoin surge and to bad for those people that they didn't buy Bitcoin while its cheap then now they regret and have those flashbacks that they should buy Bitcoin when they think the price is so cheap.

If people think about they are late or anything negative then decide not to buy Bitcoin then provably that again these situation will happen again especially that Bitcoin potential growth has not end yet.

Also if they want to be a traditional dude then let them, but for sure they missed a lot of opportunity to gain if they decide to pass on Bitcoin.

[sotelorene]

Inasmuch as investment is concern time and patience are very crucial factors to be considered and they are the major things that drive every investment. Now come to think of what will be the profit of someone that purchased five bitcoins in 2011 when the price was about $1.00 and patiently hold the five Bitcoin till now that the price is about $100000 per Bitcoin.
The reason for investment is to make profit and this is a factor of time, patience and knowing the best strategies that will sustain the investme for longer time in order to bring a reasonable return in the future, so no investor will be happy when the value of his investment is going down instead of appreciating but if the investor critically learn the entire cycle of the system it enable the investor to have more courage and patient, knowing that the price of Bitcoin is unstable and as such will appreciate in the near future.

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

Your argument is completely different because when the price of Bitcoin starts to fall, investors buy dip into Bitcoin. Look at yours and see that those who bought the Bitcoin deep in 2022 have benefited the most, their investments have reached the peak of their success today.

 I think those who are ultimate holders in Bitcoin are never afraid to take risks, because Bitcoin holding is best for the long term. Those who are short-term holders will basically always face risks, but long-term holding is the most tolerant, it is the most reliable.

2022 till now is not even a long term investment because this year just started and we haven't gone far we are still at the early stage of the year 2025, a year that Bitcoin is going to outshine and make other coin look like they are not existing because of the magnitude of uptrend it is going to take soon. Like I always say, investing early in Bitcoin doesn't really determined or imply that an investor is going to do well, some folks started earlier and do not take the process serious and some started early and take it serious some of those who invested in the year 2022, it will surprise you that despite all the surge in Bitcoin they don't have any tangible or reasonable thing in their holding and I can still remember back then 2022 some of them do not believe Bitcoin will surge to this extent that's why they weren't serious with it and I hope they have learnt their lessons.

[SOKO-DEKE]

Inasmuch as investment is concern time and patience are very crucial factors to be considered and they are the major things that drive every investment. Now come to think of what will be the profit of someone that purchased five bitcoins in 2011 when the price was about $1.00 and patiently hold the five Bitcoin till now that the price is about $100000 per Bitcoin.
The reason for investment is to make profit and this is a factor of time, patience and knowing the best strategies that will sustain the investme for longer time in order to bring a reasonable return in the future, so no investor will be happy when the value of his investment is going down instead of appreciating but if the investor critically learn the entire cycle of the system it enable the investor to have more courage and patient, knowing that the price of Bitcoin is unstable and as such will appreciate in the near future.

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

Some people you may see abandoning Bitcoin in their wallets did not just abandon it; rather, they shifted their attention away from it when the Bitcoin price was low. The reason some people do this is to avoid getting frustrated, and I think that is the best approach. Imagine someone buying a certain amount of Bitcoin during the last bull run at a price of $60k, only for the price to drop to less than $20k during the subsequent bear market. How do you think that person would feel when they open their wallet?As for me, if you don’t have money to continue accumulating, the best option is to leave it untouched for a long period of time.

The truth is, not everyone who takes their eyes off Bitcoin investments thinks that the price of Bitcoin will never rise again. For some, this is the only way they can maintain peace of mind regarding their investment by not checking the price of Bitcoin. Constantly monitoring the price can cause panic, which might lead to selling. If someone truly believes that the price of Bitcoin will never rise again, they should sell it. However, many people abandon it temporarily and focus on other things because they see it as a long term investment.

[fredericktaylor]

I do not support focusing on profit in long-term investment. You should keep managing your investment based on your goal, this is the best goal. But if you keep calculating the amount of profit while focusing on profit, you may be tempted to sell the holding. Entering into an additional portfolio in long-term investment can become an obstacle to your long-term investment.

The main purpose to invest bitcoin is just to make profits,  we don't invest in bitcoin all in the name of just to invest but we invest in it because it is profitable and it is good to invest in it. The profit that bitcoin has is just the goal  that is why we will always focus on investment to yield good profit in the future. Focusing on the profit of bitcoin is not what will distract people from investing in Bitcoin,  what normally distract people not to concentrate in their investment is lack of patience, greed, lack of understanding, these have always been the reason why people have always failed to hodl to their investment.
For those who understands bitcoin and understand how profitable it is, infact this will be a motivation to focus more investing just to make a better profit in the future.

Investing in Bitcoin is not basically about making a profit.There can be many reasons behind investing in Bitcoin.Its main reasons are discussed below.
For example: Bitcoin is popular for its volatility.  Now people consider Bitcoin as digital gold because the amount of Bitcoin is very limited.People are attracted to invest in Bitcoin due to various difficulties faced by the country's inflation and central banking activities.  One thing that is attractive to many is that Bitcoin is a decentralized currency, and is not controlled by a specific country's central bank.The short time, low cost, and ease of transactions have made many people interested in investing in Bitcoin.Bitcoin is considered the future of blockchain technology.People are investing here.  People are now seeing Bitcoin as a new asset.Now people are employing Bitcoin as an alternative to stock market or gold and other investments.Bitcoin has a maximum supply of 21 Million and there are currently 19.81 Million in the market.

intelligent:
Bitcoin is a digital gold.
All this is known in the hands of people.
No center, no barrier,
But the game of risk has to be shouldered.
The price goes up and in the name,
Floats in the investor's dream.
 No one knows what the future holds.
 Be wise, otherwise you will have a misleading picture.

[Huliya]

-

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

Your argument is completely different because when the price of Bitcoin starts to fall, investors buy dip into Bitcoin. Look at yours and see that those who bought the Bitcoin deep in 2022 have benefited the most, their investments have reached the peak of their success today.

 I think those who are ultimate holders in Bitcoin are never afraid to take risks, because Bitcoin holding is best for the long term. Those who are short-term holders will basically always face risks, but long-term holding is the most tolerant, it is the most reliable.

It is not entirely false that most people abandon Bitcoin when its price is very low. However, we can never call those who start selling Bitcoin as soon as the price of Bitcoin drops. We can call them traders. To be honest, those who invest in Bitcoin only in name always give Bitcoin a bad name. They never run long investments in Bitcoin. Because they lack tolerance. They only look for a low price market and think that they will buy Bitcoin today and sell it again in a few days. But, most of the time their plan works completely the opposite. That is why they always give Bitcoin a bad name to people.

We, the forum members, will stay away from such investments, but rather advise others to stay away from such investments. There is no specific time for Bitcoin investment, anyone of your choice can start investing in any method at any time. However, DCA is a method that has helped all investors to benefit from their investments to date.

[Olatundespo]

There are people, probably those people don't HODL Bitcoin or don't HODL much of it, that are always questioning the narrative that nation-states would soon be HODLing Bitcoin in their reserves. They post that it could not be legal for them to hold it.

OK, those people are right. But what if someone told you that they would be investing in Bitcoin through an ETF issued in their region? Those nation-states would probably start selling foreign currency government bonds to buy Bitcoin, no?

In fact, most Bitcoin investors prefer to be lured by other holders who are in line with the successful ones and build their own piles by emulating them. Attract by the state which can sometimes seem questionable in terms of credibility especially in the context of underdeveloped or developing countries where government administrators are far behind in adopting Bitcoin or ban it out of their own stupidity. Developed nation states, including the United States, have begun discussions about potentially holding Bitcoin reserves in place of gold or the Strategic Petroleum Reserve, and Trump second term as president will only further encourage this. Trump strategic decision on Bitcoin could have a dramatic impact on the global economy.

The potential for Bitcoin reserves to grow over time is growing and could serve as a model for other countries to emulate by increasing the value of a competitive asset. With the potential for Bitcoin to grow through ETFs, it is becoming increasingly attractive to those who are committed to increasing their Bitcoin holdings. Compared to the limited profits that can be obtained from buying bonds in domestic or foreign currencies Bitcoin offers much higher returns.

[JayJuanGee]

Bitcoin is not a stable coin please dont get it all wrong. It has only gain significant price over the years irrespective of its fluctuation and market volatility. And please stop referring Bitcoin to stablecoins. Stablecoins like USDT are fiat currencies pegged by a local currency. Anyway that's not the topic of discussion here i will leave you to make your research.

For me I would like to say for now Bitcoin is the only stable coin that can give you good life, except you don't know what to do, you said it does not guarantee you good life,

You are getting everything wrong here. Bitcoin does not guarantee that you good life in the future and it also doesn't meant if you dont invest in Bitcoin your life will be useless. I dont know where you are getting this reasoning from but whatever way it is very wrong. Most people invest in Bitcoin and still do it the wrong way while some invest and are successful. It all depends on the investor, of course Bitcoin has outperform most asset over the years in terms of longetivity benefits. And there is a high tendency that holding Bitcoin for decades will give more profit depending on what we have invested so far. Dont invest $10 and expect a million dollars.

You have just said my mind here, I think I have heard about this before that the extent of how successful you are going to be in the future determine the stash of Bitcoin in your possession, and this your last statement said it all, you can't just invest very little and be expecting a million dollar in the future, so in other to change your financial status forever, you need to understand that your stash of Bitcoin need to be huge, not $10 or $100 worth of Bitcoin.
The as for Bitcoin guaranteeing good life? No, nothing is guaranteed in this life, something can happen very fast that can change the cause of so many things, we that are investing in it are doing so because we believe in it due to it track record and the it potential it has.

Let's not discourage anyone from investing in bitcoin simply because they have little money to invest and not investing big money. Besides as they are investing little that's how their experience and knowledge will be increasing. Not many newbies have this confidence of investing huge amount at their initial stage of investment. But as they invest their $10 or more gradually, they will begin to realise that you only get as much as you have invested. And they will be convinced to invest more as their disposable income increases.

Even though we ain't guaranteed success in bitcoin by anyone, but we believe that there is going to be more of upward trends and price surging higher in the future, than downward trends. Hence the reason why we are still investing and holding our bitcoin for many years, with long term mentality. If we don't have this conviction and believe we wouldn't have been investing and increasing our portfolio. But since we have this believe and conviction that bitcoin will do better in terms of higher prices in the future and we are still investing and holding, don't you think that this can serve as a form of guarantee for us the investor?

You have identified a bit of a dilemma - since yes, we know that bitcoin is not guaranteed to go up forever.. but there is a Lindy Effect. .and there is confidence in fundamentals.. and there is a kind of sense that comes along with the ongoing existence of bitcoin and the ongoing uptrend contributing towards more confidence.. ..and probably it never gets to a guaranteed level.. yet our confidence likely continues to grow....

And, the person just getting into bitcoin might be even more nervous because he does not have a historical profit cushion.. so in the short term he is likely going to see up down and sideways.. and likely as he either keeps buying or sits on his investment, he likely sees more and more chances that he is in profits... another thing about ongoing buying of bitcoin for at least one whole cycle, then after 4 years of investing, it becomes more and more likely that our average price per bitcoin is around the 200-WMA.. and historically bitcoin actual spot price is 25% or higher above the 200-WMA.. so there can be a bit of higher confidence in regards to where we might be after 4 years of investing into bitcoin..

Of course, many times over a long period of time, and probably even over a 4-year period of time, the nominal amount of a guys income is likely to go up, and it might be another question regarding if the nominal amount of wage increases are actually keeping up with the debasement of the fiat currency, yet even in nominal terms, then a guys ability to buy more bitcoin will continue to go up, and so it may well end up being the case, that even after 4 years of investing into bitcoin, the guy's average cost per BTC is still somewhat higher than the 200-WMA.. unless he was able to front-load his investment, and still I would not presume any guy's ability to meaningfully front load his investment into bitcoin, even though I might suggest that it is likely to the benefit of anyone getting into bitcoin to try to be as aggressive as they are able to be in regards to accumulating bitcoin, yet surely newbie bitcoin investors likely will also have to spend time making sure that they shore up their back up funds and other aspects of their cashflow management so that they do not end up contributing to their own recking of themselves, since it is one thing to be a aggressive as you can, and it is another thing to overly do the aggressiveness and to end up engaging in gambling rather than investing due to sloppiness in cashflow management and no one is going to help anyone out who fucks up their own BTC accumulation by overly doing it and ending up wrecking themselves because they could not figure out the difference between being aggressive and overly doing it.,. and another part of the reason to have various back up funds is in order to save ourselves from ourselves since all of us are likely to make some mistakes along the way, but if we at least have back up systems, then our mistakes will be more likely the kinds of things that we can correct and also would not fall to the level of having to sell some (or all) of our bitcoin at a time that is not completely of our own choosing.

In regards to front-loading into bitcoin, there can also be some ways that guys are able to front load their investment into bitcoin, yet it not always possible to accumulate extra cash in order to buy ahead and not necessarily need to keep buying BTC for 4 years or more.. yet we know that the reality is that an overwhelming number of people struggle.. and they struggle with even setting aside 10% of their income on a regular basis.. I struggled with the same difficulty.. and surely, I personally had been set aside 10% of my income (and sometimes even a bit more when I was able to) for more than 20 years by the time I got to bitcoin (in late 2013), so then it helps to have had been able to build up that extra reserve over 20 years prior to bitcoin.. yet even any of us who have an extra reserve of money that we build up over a long period of time, we still get nervous about how we invest that amount that we had built up, and we don't want to lose any of it and we want to preserve it and grow it, so we ongoingly get nervous about where to put the money that we had built up.. so even if we might potentially have some lump sum that we are able to put into bitcoin in the beginning of our investment into it, we still might be nervous about how to do it and we still may end up spreading out our bitcoin buys over some period of time so that we do not end up buying all of our BTC at the same price and at the same time..

...and the dilemma in regards to how to deal with the matter is never really completely resolved, except for maybe with some passage of time and perhaps once we decide how to deploy and we make the deployment of the money into bitcoin, we may well experience some gaining in confidence that overall whatever we are doing (or what we had done) is not losing value and we feel even better if it seems that our overall BTC portfolio is gaining in value with the passage of time, even though we might not even mentally require very much of an increase in the value.. .. just that we are not losing value...and surely another reason to potentially use the 200-WMA for measuring the increase in value of our BTC holdings with time, so it is quite likely that the 200-WMA will be quite a bit below the price that we are buying our BTC, so right from the start if we are measuring our BTC value from the 200-WMA, we will be discounting the value of our BTC holdings, yet we would still see our BTC holdings continuously and ongoingly going up, and perhaps we might not be in profits in terms of measuring our holdings with the 200-WMA for 4 years or longer.  .. sometimes accounting tricks can help psychology and perhaps even put us in a long-term mindset to also keep up buying BTC for 4-years or longer, depending on our circumstances and if we had been able to front-load our bitcoin investment.

The dilemma of whether we are "in profits" and how much we are "in profits" probably never completely goes away, especially since bitcoin's spot price is nearly inevitably going to continue to be quite volatile, even 15-25 years into the future... and for sure there are some folks who get themselves into situations in which they are continuously losing value in terms of the savings that they have (especially with traditional savings in fiat and perhaps even some of the traditional assets and investments that they had made) and they try to work to make more income to bring them back to having an impression that they are gaining ground and they might even be misleading themselves in terms of their calculating in terms of fiat that is ongoingly being debased, so the fiat is not even worth as much as it used to be, so our measuring stick might be messed up, and so far bitcoin has largely been able to gain value greater than the debasement of fiat, especially in the long run of 4 years or longer (and it is not guaranteed to continue to do so, either), even though in the short term, the volatility can sometimes confuse the investors into bitcoin or even the pre-coiners about whether bitcoin is gaining value or not..since in the short term, sometimes, even in bitcoin, it will seem to be losing value rather than gaining in value, even in nominal terms.. and maybe it becomes even more confusing for some folks when we consider whether bitcoin is gaining in value or not in real purchasing power terms.. and so some folks might be confused in regards, to both how to measure their bitcoin, how to compare it to other assets and also experiencing certain levels of uncertainty about how bitcoin will continue to perform into the certain... which surely many of us consider that position size can help with these matters, and passage of time can also help to solidify some ideas about how bitcoin is performing relative to other assets and other places  in which value could be (or could have had been) held..

[passwordnow]

Like I know what you mean about Bitcoin being a stable coin but someone out there might misunderstood what you are saying. In terms of stability, Bitcoin really is the most stable of them all in the crypto market. And there could be some altcoiners out there that will say that Bitcoin didn't gave them a good life but in the alts that they were lucky that they invested in too early. But I am with you, Bitcoin did gave a lot of us here a good life and that is the reason why we're sticking on it. And if there are people that still don't believe Bitcoin, soon, they will realize on how it moves the market because if it isn't for Bitcoin, we'd see all of their alts being dumped and going to the ball pit.

Bitcoin investment has really brought out some families from poverty, one of the reasons why I love this investment is that no matter how small your discretion income is you can still use it to accumulate Bitcoin and if you do that for years you will accumulate a reasonable amount of Bitcoin and the most interesting part is that Bitcoin is always growing in value and price so your money worth remain the same it will be increasing, is not like bank savings where your money is always same and they even take there Bank charges from that money you are saving with them so as you are putting money in your bank account weekly or monthly they are also taking there weekly or monthly charges from your money, that's why saving your money with Bitcoin as an investment is the best, there was a man who has been accumulating Bitcoin for years so when he became very sick he called his lawyer and gave him his wallet secret phrase and password and told him to give it to his family if maybe he died, so when he died as a result of the sickness the lawyer did as instructed by the late man and when the children opened the wallet they discovered a good amount of Bitcoin inside they sold it and that was how they became rich, Bitcoin investment can't be compared to shitcoins, Bitcoin is more stable and reliable.

That means that volatility is a good thing for risk takers like us. We've seen the opportunity from within and by the time that we've seen it going to get bigger and we've invested some of our funds that we afford to us, we did the right thing. As for me, I've sold some before we've seen these highs and I am still thinking about that mistake but I cannot dwell in that have to learn from that mistake and it's best to hold for as long as we can. And if we cannot hold for any longer, we have to control ourselves or if we decide to release some in the market and let the other holders get it, we need to be decisive.

[passwordnow]

That means that volatility is a good thing for risk takers like us. We've seen the opportunity from within and by the time that we've seen it going to get bigger and we've invested some of our funds that we afford to us, we did the right thing. As for me, I've sold some before we've seen these highs and I am still thinking about that mistake but I cannot dwell in that have to learn from that mistake and it's best to hold for as long as we can. And if we cannot hold for any longer, we have to control ourselves or if we decide to release some in the market and let the other holders get it, we need to be decisive.

Well Great points Bitcoin's way more stable than other cryptos. That story about the sick man shows how Bitcoin can build wealth for families.Buy every dip sounds good, but it's better to invest steadily.  Trying to time the market is tough, but regular investing is safer. We all make mistakes; learn from them and stick to your plan.  Holding Bitcoin is important, but have a plan. just sharing my thought

That is DCA for us, it's a known strategy and if someone is just starting out. It's best for that guy to keep on accumulating while they can because we'll never know what awaits in the future and someone who's a firm DCAer might face some life troubles that he/she needs to address by having some financial decisions that needs to be taken of. And by mean with that, DCAing might be affected when it comes. So, while it's still there and the capacity of that person to do it, please do so because we'll never know what might happen in the future.

[Moreno233]

Inasmuch as investment is concern time and patience are very crucial factors to be considered and they are the major things that drive every investment. Now come to think of what will be the profit of someone that purchased five bitcoins in 2011 when the price was about $1.00 and patiently hold the five Bitcoin till now that the price is about $100000 per Bitcoin.
The reason for investment is to make profit and this is a factor of time, patience and knowing the best strategies that will sustain the investme for longer time in order to bring a reasonable return in the future, so no investor will be happy when the value of his investment is going down instead of appreciating but if the investor critically learn the entire cycle of the system it enable the investor to have more courage and patient, knowing that the price of Bitcoin is unstable and as such will appreciate in the near future.

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

This set of people do not still understand the movement of Bitcoin neither have they found time to look at the historic data of Bitcoin else they would have know that there is always corrections that happens in Bitcoin which is regarded as bear market. This does not last forever and anyone who think that bull market will not come again due to prolong bear market, is definitely not informed so he might end up wasting the precious period of buying aggressively. This is because the bear season is the time to collect more Bitcoin at lower prices so that is the best time to be more aggressive with Bitcoin investment.

Furthermore, it could also be that those who panic and abandon Bitcoin during bear seasons does not have faith in Bitcoin, so there is no way they can trust what they have no faith in, the reason they will panic when price is dropping instead of buying more. It is necessary to have some level of faith in Bitcoin because that faith will be the driving force.

[JayJuanGee]

Like I know what you mean about Bitcoin being a stable coin but someone out there might misunderstood what you are saying. In terms of stability, Bitcoin really is the most stable of them all in the crypto market. And there could be some altcoiners out there that will say that Bitcoin didn't gave them a good life but in the alts that they were lucky that they invested in too early. But I am with you, Bitcoin did gave a lot of us here a good life and that is the reason why we're sticking on it. And if there are people that still don't believe Bitcoin, soon, they will realize on how it moves the market because if it isn't for Bitcoin, we'd see all of their alts being dumped and going to the ball pit.

Bitcoin investment has really brought out some families from poverty, one of the reasons why I love this investment is that no matter how small your discretion income is you can still use it to accumulate Bitcoin and if you do that for years you will accumulate a reasonable amount of Bitcoin and the most interesting part is that Bitcoin is always growing in value and price so your money worth remain the same it will be increasing, is not like bank savings where your money is always same and they even take there Bank charges from that money you are saving with them so as you are putting money in your bank account weekly or monthly they are also taking there weekly or monthly charges from your money, that's why saving your money with Bitcoin as an investment is the best, there was a man who has been accumulating Bitcoin for years so when he became very sick he called his lawyer and gave him his wallet secret phrase and password and told him to give it to his family if maybe he died, so when he died as a result of the sickness the lawyer did as instructed by the late man and when the children opened the wallet they discovered a good amount of Bitcoin inside they sold it and that was how they became rich, Bitcoin investment can't be compared to shitcoins, Bitcoin is more stable and reliable.

That means that volatility is a good thing for risk takers like us. We've seen the opportunity from within and by the time that we've seen it going to get bigger and we've invested some of our funds that we afford to us, we did the right thing. As for me, I've sold some before we've seen these highs and I am still thinking about that mistake but I cannot dwell in that have to learn from that mistake and it's best to hold for as long as we can. And if we cannot hold for any longer, we have to control ourselves or if we decide to release some in the market and let the other holders get it, we need to be decisive.

Yep.. a lot of dumbies sold some or all of their BTC around $100k, and expect to buy back cheaper, such as below $85k or even lower like $69k-ish..  .Sure anything can happen,  yet I doubt that they will end up being able to achieve what they thought in their attempts to play their expectations of BTC price waves.

Of course, since you have a forum registration date of March 2016, you might be more at liberty to shave off some of your BTC, yet you seem to be already suggesting that you sold in anticipation of buying back cheaper, which causes me to speculate that you have not yet reached a status of overaccumulation...so anyhow, I frequently repeat my own mantra that BTC accumulation is done by ongoing, persistent, consistent and perhaps even aggressive buying of BTC, and selling BTC should not be part of any non-gambling BTC accumulation strategy.

Otherwise you shared some decently good ideas in your post, and you also seemed to have had admitted that you were gambling when you sold some of your BTC.. so at least you admitted that wrong (dumb, greedy) part.. hahahahahahaha

[Fuso.hp]

Of course many of use here do not really know the value of bitcoin and perhaps it's find it very difficult to know bitcoin well enough including you !ginsan) I don't think the word believe should be appropriate for us when we talk of bitcoin as we already know it's worth and value so saying you believe means bitcoin is not truly a valuable asset.

IMHO, I think you should know by now that bitcoin is truly a valuable asset.

A new investor believes that when he wants to invest in Bitcoin, he believes that he has invested in Bitcoin based on the information he has learned about it. I never consider myself an expert because I have been investing in Bitcoin since mid-2022 and until now I have been investing more on the Bitcoin I have accumulated, because I believe that the knowledge I have gained is enough for me. And I will be accumulating more Bitcoin in the future, but I do not think it is safe to give a screenshot of the wallet, which is why I kept it secret.
 A person is able to invest in Bitcoin only when he has the ability to trust and take risks, because the sooner he invests in Bitcoin, the more suitable it is for him. The value of Bitcoin is increasing as time goes by, that is why the DCA method is suitable for all people, from ordinary holders to high holders.

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

[Barikui1]

Of course many of use here do not really know the value of bitcoin and perhaps it's find it very difficult to know bitcoin well enough including you !ginsan) I don't think the word believe should be appropriate for us when we talk of bitcoin as we already know it's worth and value so saying you believe means bitcoin is not truly a valuable asset.

IMHO, I think you should know by now that bitcoin is truly a valuable asset.

A new investor believes that when he wants to invest in Bitcoin, he believes that he has invested in Bitcoin based on the information he has learned about it. I never consider myself an expert because I have been investing in Bitcoin since mid-2022 and until now I have been investing more on the Bitcoin I have accumulated, because I believe that the knowledge I have gained is enough for me. And I will be accumulating more Bitcoin in the future, but I do not think it is safe to give a screenshot of the wallet, which is why I kept it secret.
 A person is able to invest in Bitcoin only when he has the ability to trust and take risks, because the sooner he invests in Bitcoin, the more suitable it is for him. The value of Bitcoin is increasing as time goes by, that is why the DCA method is suitable for all people, from ordinary holders to high holders.

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

When looking at both of traders and investors, I wonder why most people would just choose a difficult path of an easy part, and the funny thing there is that, trading have no significant changes on your finances status, it's just for minimal gains that will just improve your life for the time being, if you don't lose all your money in the process, but in the case of investing in Bitcoin, it's just like and easy ride to greatness because even a newbie investors can buy Bitcoin with any accumulating strategy of it choice, once he or she is able to acquire a very good stash of it, his duty is to hold for a very long period of time, and all the requirement needed to achieve that is to have a reliable source of income and an emergency funds set aside so as to be able to withstand any emergencies that may arise in the future without you dipping hands into your holds.

And take note of one thing, investment in Bitcoin can change your financial status forever ever if you can accumulate a huge stash of it  and hold resiliently for like 10 to 20 years time from now, so it's actually stupid and fruitless reading the chart all day all in the name of trading, that wouldn't change much of your financial capabilities.

[Tamaperdana]

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

Yes, a bitcoin investor, especially one who uses the DCA technique, does not need to constantly monitor or see bitcoin market price movements. Because DCA is a purchasing technique that does not depend on market prices, and only buys bitcoin based on a predetermined time, be it once a week, once every two weeks, or once a month. That's why DCA is a very suitable buying technique for most bitcoin investors. Because of course the majority of bitcoin investors have their own jobs so it is impossible to continuously see bitcoin price movements on the market when buying them. That's why the DCA technique is very suitable for people like that, because by using the DCA technique we don't need to worry about making purchases. Because DCA does not look at the price of bitcoin.

Then talking about fear, I don't think this feeling is easy to get rid of, even if you have started investing in bitcoin, for example. Because fear is a human trait that cannot be completely eliminated. But even so, I think having fear when investing in bitcoin is not a problem. Because fear can also turn into a positive thing when investing in bitcoin. Because fear can be a strong shield, to restrain ourselves from excessively using the funds we have to invest in bitcoin. For example, someone has 10 thousand dollars, but the absolute cold money that person can invest is only one thousand dollars. But because the person was too brave, the person invested 5 thousand dollars in bitcoin. Then in the end the person has to sell the bitcoin back, because the money will be used for their child's needs at school.

This is an illustration that not having fear will be very dangerous when investing in bitcoin. Therefore, having fear when investing in bitcoin is a positive thing too.

[Btcdeybodi]

And take note of one thing, investment in Bitcoin can change your financial status forever ever if you can accumulate a huge stash of it  and hold resiliently for like 10 to 20 years time from now, so it's actually stupid and fruitless reading the chart all day all in the name of trading, that wouldn't change much of your financial capabilities.

Sure Bitcoin can change one's financial status if you accumulate more of it for long time gains but i think holding for 10-20 years time may sound a bit problematic for some persons, considering their age and if they also wish to take part of their bitcoins to establish real life investments that will also alternate their investment in bitcoin so for an average person who is not wealthy, they can have an accumulation time frame of between 4-10 years of which within this time frame they can be able to analyze how progressively they have been within those years of investing then it will give them a clue of if they can still continue accumulating or if they have already accumulated to their satisfaction. For those who prefers to read charts and monitor market sentiments, it's their choice and i believe someday, they will reflect back and embrace investing in bitcoin rather than trading.

[Popkon6]

To invest in Bitcoin, you only need to have the ability to take risks, you see MicroStrategy company is ready to invest in Bitcoin at any time. At present, the price of Bitcoin is going high, but they are not deprived of Bitcoin investment, rather they will buy Bitcoin today.
 Because they are following this DCA method, they are investing in Bitcoin regularly every week, this investment will make more Bitcoin investors excited for them in the future. And they are playing a significant role in making the Bitcoin market boom, you can see it and you can see their investment history, it will encourage every investor.

Details: https://cointelegraph.com/news/micro-strategy-saylor-hints-bitcoin-buy-11-consecutive-week

[Frankolala]

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

Yes, a bitcoin investor, especially one who uses the DCA technique, does not need to constantly monitor or see bitcoin market price movements. Because DCA is a purchasing technique that does not depend on market prices, and only buys bitcoin based on a predetermined time, be it once a week, once every two weeks, or once a month. That's why DCA is a very suitable buying technique for most bitcoin investors. Because of course the majority of bitcoin investors have their own jobs so it is impossible to continuously see bitcoin price movements on the market when buying them. That's why the DCA technique is very suitable for people like that, because by using the DCA technique we don't need to worry about making purchases. Because DCA does not look at the price of bitcoin.

Then talking about fear, I don't think this feeling is easy to get rid of, even if you have started investing in bitcoin, for example. Because fear is a human trait that cannot be completely eliminated. But even so, I think having fear when investing in bitcoin is not a problem. Because fear can also turn into a positive thing when investing in bitcoin. Because fear can be a strong shield, to restrain ourselves from excessively using the funds we have to invest in bitcoin. For example, someone has 10 thousand dollars, but the absolute cold money that person can invest is only one thousand dollars. But because the person was too brave, the person invested 5 thousand dollars in bitcoin. Then in the end the person has to sell the bitcoin back, because the money will be used for their child's needs at school.

This is an illustration that not having fear will be very dangerous when investing in bitcoin. Therefore, having fear when investing in bitcoin is a positive thing too.

Fear is too ways. It can make you be nervous on where you put your money and proper step of losing your investment but to see it growing. At the same time fear can make you not take the bold step of investing aggressively into bitcoin when you have the money. However, a new investor that don't have confidence in bitcoin, can start by investing with little amount buying every week or month consistently and persistently.

In the second year when he has start to understand bitcoin investment, he can increase his DCA amount due to confidence that he has gotten in the market, because I believe that you confidence i bitcoin will increase based on the passage of time. This is why any investor that has invested in bitcoin for one complete circle will have more confidence to invest aggressively in bitcoin than a new investor. The more experience that you have in the market, the stronger your confidence in bitcoin's future and the less your fear to buy more and hodli for long.

[retreat]

Most people just abandoned Bitcoin when the price is very very low. They don't even think that the price can surge and hit $100.000 because they think that is impossible. But then when the price slowly increase and hit many new ATH, they will start pay attention to Bitcoin although they still not trying to buy and hold Bitcoin.

They don't think to use Bitcoin as their investment because they are still prefer with their current investment such as gold and others. Or they don't want to open their minds to see the other opportunity to become rich in the future.

That's why knowledge and consistency in investing in Bitcoin are important, because many people who enter Bitcoin invest by just following other people, they don't understand Bitcoin's volatility and its potential in the future - even many invest like gambling/trading. Because if they understand how to invest properly in Bitcoin, they will not be affected by the market, and will continue to regularly invest in Bitcoin at any price using their discretionary income or money they are ready to invest, and hold it even more than 1-2 cycles until they can get a decent profit from it.

[Obari]

Of course many of use here do not really know the value of bitcoin and perhaps it's find it very difficult to know bitcoin well enough including you !ginsan) I don't think the word believe should be appropriate for us when we talk of bitcoin as we already know it's worth and value so saying you believe means bitcoin is not truly a valuable asset.

IMHO, I think you should know by now that bitcoin is truly a valuable asset.

A new investor believes that when he wants to invest in Bitcoin, he believes that he has invested in Bitcoin based on the information he has learned about it. I never consider myself an expert because I have been investing in Bitcoin since mid-2022 and until now I have been investing more on the Bitcoin I have accumulated, because I believe that the knowledge I have gained is enough for me. And I will be accumulating more Bitcoin in the future, but I do not think it is safe to give a screenshot of the wallet, which is why I kept it secret.
 A person is able to invest in Bitcoin only when he has the ability to trust and take risks, because the sooner he invests in Bitcoin, the more suitable it is for him. The value of Bitcoin is increasing as time goes by, that is why the DCA method is suitable for all people, from ordinary holders to high holders.

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

in summary, the major difference between a trader and a holder is time frame
for a person to be tagged an investor, he or she should be hold to hold their asset for a much more longer time without fear of market factors while the reverse is the case with a trader  as they have to constantly watch over the market at every opportunity they have so as to grab the profits from their trades when it presents itself and secondly, a holder investor isn't moved by charts or market prices but rather focused on how to keep increasing their portfolios but regardless, an investor has to be smart and as a smart investor, you should always know when best to get into the market and not wanting to jump on it at all times and i think a lot of persons are getting the DCA method wrong and think it about wanting to buy $5 of bitcoin everyday and that's not a smart move as you might end up spending more on transaction fees that you imagine and that's why if you have or intend on investing $5 daily, you can just accumulate it and maybe try to buy weekly or twice a month or possibly monthly as that we save cost on trxn fees and help you invest smartly.

To invest in Bitcoin, you only need to have the ability to take risks, you see MicroStrategy company is ready to invest in Bitcoin at any time. At present, the price of Bitcoin is going high, but they are not deprived of Bitcoin investment, rather they will buy Bitcoin today.
 Because they are following this DCA method, they are investing in Bitcoin regularly every week, this investment will make more Bitcoin investors excited for them in the future. And they are playing a significant role in making the Bitcoin market boom, you can see it and you can see their investment history, it will encourage every investor.

Details: https://cointelegraph.com/news/micro-strategy-saylor-hints-bitcoin-buy-11-consecutive-week

this was similar to what i said, as it is wise to gather the money and buy at a certain period even while practicing the DCA method except you want to waste more on transaction fees and that why the microStrategy company have to buy weekly even when they can buy daily and this in turn makes them save more on transaction fee and invest smartly and wisely.

And take note of one thing, investment in Bitcoin can change your financial status forever ever if you can accumulate a huge stash of it  and hold resiliently for like 10 to 20 years time from now, so it's actually stupid and fruitless reading the chart all day all in the name of trading, that wouldn't change much of your financial capabilities.

Sure Bitcoin can change one's financial status if you accumulate more of it for long time gains but i think holding for 10-20 years time may sound a bit problematic for some persons, considering their age and if they also wish to take part of their bitcoins to establish real life investments that will also alternate their investment in bitcoin so for an average person who is not wealthy, they can have an accumulation time frame of between 4-10 years of which within this time frame they can be able to analyze how progressively they have been within those years of investing then it will give them a clue of if they can still continue accumulating or if they have already accumulated to their satisfaction. For those who prefers to read charts and monitor market sentiments, it's their choice and i believe someday, they will reflect back and embrace investing in bitcoin rather than trading.

let's take death out of this picture{i mean age as we might want to put it}
in as much as we want to all be advocate of holding, you'll agree with me, for you to hold, you must have the money to buy some fraction of the coin and this is where trading comes in, a lot of persons talk more like they're condemning the trading business which isn't right as they're all means to earn from the crypto industry and they're people who trade to raise money to be able to hold and believe me, as much as we want to hold, we still need to have a means to hold.