Buy the DIP, and HODL!

[bitzizzix]

Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price.  Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..

BlackRock is buying a lot of Bitcoin.  That makes some people worried.  A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws.  They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.

I never suggested that people should not be worried about Blackrock.  Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and  I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.

BlackRock are also accumulating bitcoin just like other Big financial companies, but as a small investor, its essential to stay vigilant about these big players like BlackRock etc in the market. They are always looking to profit, at times there will always be an untrustworthy moves by these bigger entity to manipulate and create uncertainties in the market for their gains. Although Bitcoin is designed to withstand attacks and no matter the string they pull or uncertainties they create. Smaller investor need to be focus on long term and stay optimistic on the potentials of bitcoin, its important for bitcoin accumulators to stay invested and not get swayed into selling during market fluctuations.

If we are investing because we always look forward on what this companies do then provably that we cannot sustain our investment especially if they decide to sell their asset and take profits. Since for sure that every action they made affect us. That's why better to invest according to your knowledge and also don't buy those hyping they made. Just be consistent on your own accumulation and don't try to catch anything they say since provably that they are just manipulating the mind of people.

As you said its really better for people to focus and keep on track on their target years since whatever those companies do for sure will not affect your investment and there's more good chances to earn more rather than buying those short time hype they made.

These things are already part of the investment risk because they or big companies will positively increase the price and also increase adoption which makes many people think positively and when talking about Bitcoin these things can attract many people and believe that Bitcoin is a very good investment. However, it can also be a risky thing especially for those who do not have in-depth knowledge about Bitcoin and also the risks that will be faced when it happens, I mean when big companies sell their holdings and what to do and what to anticipate if it happens because these things they must know because these things are common that can affect their psychology and can affect the market and also damage the strategy if they do not really study these things that make them panic and make the wrong decisions.

And periodic purchases or DCA is the solution to all of that but they also have to know these things and what actions to take, especially having to instill strong conviction and strong patience so that their plans or strategies do not waver. So the most important thing in my opinion is to learn everything well and not only the strategy or the benefits but also learn the things that will happen to the negative things that they should know so that they remain calm and not waver if it happens. Even will always take advantage of the falling price by increasing their purchases periodically and normalizing it again when the price goes up and remains consistent in the long term.

[Marvelockg]

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either  they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.

If the context is for beginners who have just started investing in bitcoin, waiting for the price of bitcoin to fall first before making a purchase is not the right choice. Because losing momentum will indeed be a risk that must be accepted by beginners who wait for the price to fall when they want to make a purchase. Therefore, for beginners who are really serious about investing in Bitcoin, and already have a lot of cold cash, it is best to invest immediately. However, if the context is an investor who has been investing in bitcoin for a long time, and already has quite a lot of bitcoin. Maybe waiting for the price to fall when investing in bitcoin I don't think is a big problem. Because basically that person already has a lot of bitcoin. So whether he wants to wait for the price to fall, or buy bitcoin at any time, I don't think it will be a problem. But it's different from a beginner investor who doesn't have any bitcoin at all. I don't think the beginner should think too much and buy the bitcoin straight away.

We cannot advise an experienced person who already has a lot of Bitcoin or has reached his point to buy immediately. There are two reasons for this, the first is that he is an experienced investor who has sufficient knowledge and a deep understanding of what to do when. We cannot give any advice to such a person if he does not ask for advice. Yes, an experienced investor can delay the time of buying and can continue to buy immediately. Because, he already has a lot of Bitcoin where he can enter the market at will and it will not have any negative impact.

being an experienced investor does not for any reason mean that you are shielded from making mistakes or that all the decision you make are always going to be the right ones and that you can't regret making certain decision. your experience in bitcoin investment shows when you are able to make decisions as an investor that is favorable to you and that you are able to stand your ground at the time others are selling because they are fearful of some market correction.

most of the big whales that have been invested for a long time are still buying and doing their DCA even though at several instances they have been in a good profit region and can easily think of selling to buy back. if they had done such, from your thought process on who is an experience investor, you will think that they have made a good decision and even if they regret their decision, you can never know that they have made a bad investment decision because they will never let you know. they are still holding and even buying more because of the basic principle that the higher the quantity of bitcoin you have accumulated, the easier and higher chance you have to be situated at a good profit point.

[Samlucky O]

Buy the Dip and Hodl, that's the only way. Someone who saw it at 98.5k would think it will fall further as even the media predicted further fall before returning above 100k.

I know you are saying to buy the dip and hold is the only way because of the name of this thread, but do not be deceived by the name of this thread. Buying the dip is not the only way to achieve success in bitcoin investment, and since the name of this thread is to buy the dip and hold, you shouldn't focus only on buying the dip because it will delay you from starting up your bitcoin investment since nobody is certain if the dip will happen today or tomorrow. Since you are a lower coiner, you should focus more on accumulating bitcoin with the DCA strategy so that you would be at an advantage of consistently accumulating bitcoin anytime your money is readily available, which will allow you to accumulate more bitcoin than someone who is using the buying the dip strategy.

That is not the only way you can earn profits from BTC, but if you want to earn a big profit from BTC, buy dip and sell when the price is very high in the market,

Surely The way you sounded actually describe your intention to be somewhat that of a trader. Even though you didn't pin point what you intended to say, but surely you are talking about trading. And of course you can buy low and sell high but I will assure you that there is no or less success in trading from my own point of view. Instead you should think of buying and holding for long term before selling. which should be for a long term purpose like 5-10 years above. Because even if what you meant was to buy and Hodl for long term will make success, but just saying we should buy low sell high is like we are only focusing on the little profit from the dip in the market and of which that is treading. Trading is not advisable expecialy in this thread.

If they are not financial buoyant, I guess waiting for the dip is the best option for such category of investors to buy BTC from the market because it will help them to buy plenty of BTC .

Saying that non financially bouyant people should be Waiting to buy the dip instead of DCA is a wrong narrative. Because waiting to buy the dip may even delay an investor leading to procrastination and may end up being a low corner or no coiner because of not buying and hoping for the best time. Such people never make any effort in buying Bitcoin, rather become more skeptic in each dip and hoping for another dip. Example is the image shown below:

[PremiumcryptoHub]

Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price.  Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..

BlackRock is buying a lot of Bitcoin.  That makes some people worried.  A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws.  They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.

I never suggested that people should not be worried about Blackrock.  Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and  I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.

BlackRock are also accumulating bitcoin just like other Big financial companies, but as a small investor, its essential to stay vigilant about these big players like BlackRock etc in the market. Smaller investor need to be focus on long term and stay optimistic on the potentials of bitcoin, its important for bitcoin accumulators to stay invested and not get swayed into selling during market fluctuations.

Blackrock or Microstrategy are also investing in Bitcoin, maybe other large companies are investing, But you don't have to invest according to how these big companies are investing in Bitcoin. Just look at how they are investing regularly, they are becoming more interested in buying Bitcoin regularly whenever they get the chance and holding it for the long term, we should have that interest too.

We should only invest according to their investment type, then we will be able to increase our investment in the future. The small investor should ensure that he can invest continuously, should be worry-free and optimistic about investing. Big companies are investing a lot of money with their own earned money, similarly we need to invest with the money we earn.

[Olatundespo]

Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price.  Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..

BlackRock is buying a lot of Bitcoin.  That makes some people worried.  A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws.  They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.

I never suggested that people should not be worried about Blackrock.  Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and  I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.

BlackRock are also accumulating bitcoin just like other Big financial companies, but as a small investor, its essential to stay vigilant about these big players like BlackRock etc in the market. Smaller investor need to be focus on long term and stay optimistic on the potentials of bitcoin, its important for bitcoin accumulators to stay invested and not get swayed into selling during market fluctuations.

Blackrock or Microstrategy are also investing in Bitcoin, maybe other large companies are investing, But you don't have to invest according to how these big companies are investing in Bitcoin. Just look at how they are investing regularly, they are becoming more interested in buying Bitcoin regularly whenever they get the chance and holding it for the long term, we should have that interest too.

We should only invest according to their investment type, then we will be able to increase our investment in the future. The small investor should ensure that he can invest continuously, should be worry-free and optimistic about investing. Big companies are investing a lot of money with their own earned money, similarly we need to invest with the money we earn.

The business model of large financial institutions is strategic and they employ many qualified people to monitor market conditions and determine the timing of investments and short or long term. Comparatively small Bitcoin accumulators should consider a well-defined strategy of depositing according to a rule and holding a Bitcoin regularly. I think you should not follow the big institutions, you should be inspired by them that they are buying Bitcoin at regular intervals from the bullish market and holding it and through this there may be a message for us that the worth of Bitcoin can increase massively in the coming months. Small investors like us should accumulation Bitcoin through the DCA method regardless of the price and this is a solid process through we can become a very large Bitcoin holder from a small accumulator.

Only weapon for small investors is the DCA strategy through which they can be able to reach their point at a time through small savings. He should strive to continuously generate savings, increase alternative sources of income, and maintain a supply of emergency floating funds so that he can succeed in meeting his goals. Long-term.

[Richbased]

It is not just wrong for newbies investors alone to wait for a dip before they buy, even veterans too, it doesn't matter wether you are a newbie investors or not, it is absolutely wrong to wait for a dip before making a purchase of Bitcoin especially when your stash of Bitcoin is not good enough to wait, those investors that has gone far in their accumulating journey can have the leverage of waiting for a dip, but it's not ideal, because they know that they can miss a lot of buying opportunities too,  but due to how far they have gone in their accumulation of Bitcoin, it wouldn't be much of a disaster but those that are just getting started, those that has less or no stash at all, waiting would really be a terrible idea.

So the best thing to do wether you are a newbie investors or a veteran investor, is to buy Bitcoin regardless of it present price, but if in the process the price dip further, you can buy aggressively only if you have the financial leverage to do so, but waiting for the dip is what I really don't find encouraging.

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either  they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.
 

In a more precise way, buying the dip shouldn't be a primary accumulation strategy for those who has a long way to go in their bitcoin accumulation journey, yes of a truth it can offer buying more Bitcoin with the same amount of money used as compared to buying from it's previous highs hence, it can be seen as a secondary accumulation strategy in your ongoing primary strategy if you are readily prepared for it with a reserve funds and there is nothing absolutely wrong with it, but yeah it can become problematic when you get carried away all in the name of attempting to buy the dip and used the money that is not is meant for investment to buy Bitcoin. As for me, I have decided that it is best I remain focused with DCA to enable me to maintain and sustain the original plan.

Focusing on using one strategy for a long time in your investment journey is based on your own personal assessment if you can maintain it consistently without finding it problematic later on. Maintaining one strategy such as using the DCA strategy is good since you can still be presented with the opportunity to buy at DIPs but it will be more advantageous if you have reserved funds to acquire bitcoins more at DIP prices instead of focusing only on accidental buy during your accumulation using the DCA strategy.

Anyone who is waiting for a DIP before they can acquire bitcoin is unserious because a DIP may not come and they might use up the money they have kept to buy during DIPs for other things that may be of necessity or importance to them. It is better to buy bitcoin with the higher amount they wish to buy with during DIPs then keep the remaining amount to buy when a DIP occurs.

[Ruttoshi]

It is not just wrong for newbies investors alone to wait for a dip before they buy, even veterans too, it doesn't matter wether you are a newbie investors or not, it is absolutely wrong to wait for a dip before making a purchase of Bitcoin especially when your stash of Bitcoin is not good enough to wait, those investors that has gone far in their accumulating journey can have the leverage of waiting for a dip, but it's not ideal, because they know that they can miss a lot of buying opportunities too,  but due to how far they have gone in their accumulation of Bitcoin, it wouldn't be much of a disaster but those that are just getting started, those that has less or no stash at all, waiting would really be a terrible idea.

So the best thing to do wether you are a newbie investors or a veteran investor, is to buy Bitcoin regardless of it present price, but if in the process the price dip further, you can buy aggressively only if you have the financial leverage to do so, but waiting for the dip is what I really don't find encouraging.

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either  they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.
 

In a more precise way, buying the dip shouldn't be a primary accumulation strategy for those who has a long way to go in their bitcoin accumulation journey, yes of a truth it can offer buying more Bitcoin with the same amount of money used as compared to buying from it's previous highs hence, it can be seen as a secondary accumulation strategy in your ongoing primary strategy if you are readily prepared for it with a reserve funds and there is nothing absolutely wrong with it, but yeah it can become problematic when you get carried away all in the name of attempting to buy the dip and used the money that is not is meant for investment to buy Bitcoin. As for me, I have decided that it is best I remain focused with DCA to enable me to maintain and sustain the original plan.

Focusing on using one strategy for a long time in your investment journey is based on your own personal assessment if you can maintain it consistently without finding it problematic later on. Maintaining one strategy such as using the DCA strategy is good since you can still be presented with the opportunity to buy at DIPs but it will be more advantageous if you have reserved funds to acquire bitcoins more at DIP prices instead of focusing only on accidental buy during your accumulation using the DCA strategy.

It's good to mix your bitcoin accumulation strategy when you are opportune to do so as long as your DCA accumulation is ongoing, you can also buy with lump sum if you have extra cash like bonus or transportation allowance on a trip. That will help increase your bitcoin investment compared to just strictly DCA. You can also build up a reserve funds to buy at the dip whenever there's a dip.

However, if strict DCA is what works for you best, then stick to it so that you don't end up making wrong decisions that will affect the growth of your bitcoin investment.

[MusaPk]

Especially for a newbie, planning an investment by buying dips will not be a good plan. Waiting for the dip while inexperienced and newbie will only make you lose buying opportunities. An experienced investor will stay out of this discussion, because he knows when to do what and what action will be right for him. But buying dips for a newbie is just a reason for delay. I never advise a newbie to buy dips, because this advice will only keep a newbie away from investing and maybe he will be deprived of investment.

When you are new or inexperienced in investing, I will advise you to invest in the DCA strategy. DCA gives you the opportunity to invest without any delay and allows you to enter at all moments of the market. You do not have to be experienced or wait for the right time to invest in this method. There is no specific time to invest in DCA, whenever you have investable money, you can buy and hold it for a long time. To buy a dip, you have to watch the market and wait for it to buy, which is a waste of time.

If we talk about experienced investor then they are also once a newbie. In fact all of us were newbie at some point, with time we learn and those who learned well are now experienced investor. The idea of DIP is for experienced bitcoiners who has seen ups and down, probably he is in better position to judge whether it's dip or not. If we talk about newbie then he is the one who is just entering the market and has not done much buying previously. He is not in position to judge whether it's dip or price is high. If there is newbie entering in the market right now then he must first focus on how to get as much Bitcoins as he can, during the purchase he will get idea of DIP.

DCA is best for everyone of us because it not only allow us to accumulate Bitcoins in the long run but also in that long run our mind in engaged in Bitcoin. That allow newbies or inexperienced investors to explore DCA and make a strategy on how they will proceed with DCA. One can go slow with DCA but he can be bullish in case he has some extra cash in hand.  

[BitBakerr1]

It is not just wrong for newbies investors alone to wait for a dip before they buy, even veterans too, it doesn't matter wether you are a newbie investors or not, it is absolutely wrong to wait for a dip before making a purchase of Bitcoin especially when your stash of Bitcoin is not good enough to wait, those investors that has gone far in their accumulating journey can have the leverage of waiting for a dip, but it's not ideal, because they know that they can miss a lot of buying opportunities too,  but due to how far they have gone in their accumulation of Bitcoin, it wouldn't be much of a disaster but those that are just getting started, those that has less or no stash at all, waiting would really be a terrible idea.

So the best thing to do wether you are a newbie investors or a veteran investor, is to buy Bitcoin regardless of it present price, but if in the process the price dip further, you can buy aggressively only if you have the financial leverage to do so, but waiting for the dip is what I really don't find encouraging.

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either  they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.
 

In a more precise way, buying the dip shouldn't be a primary accumulation strategy for those who has a long way to go in their bitcoin accumulation journey, yes of a truth it can offer buying more Bitcoin with the same amount of money used as compared to buying from it's previous highs hence, it can be seen as a secondary accumulation strategy in your ongoing primary strategy if you are readily prepared for it with a reserve funds and there is nothing absolutely wrong with it, but yeah it can become problematic when you get carried away all in the name of attempting to buy the dip and used the money that is not is meant for investment to buy Bitcoin. As for me, I have decided that it is best I remain focused with DCA to enable me to maintain and sustain the original plan.

Focusing on using one strategy for a long time in your investment journey is based on your own personal assessment if you can maintain it consistently without finding it problematic later on. Maintaining one strategy such as using the DCA strategy is good since you can still be presented with the opportunity to buy at DIPs but it will be more advantageous if you have reserved funds to acquire bitcoins more at DIP prices instead of focusing only on accidental buy during your accumulation using the DCA strategy.

The only time you should change strategy is when you notice you are no longer comfortable with that strategy or the strategy is not giving you the desired result needed, a lot of people started Bitcoin investment by accumulating only during the dip I was among this set of people but when I saw the DCA strategy and how it works I preferred it to the other I was using because the former didn't give me the result I needed it slowed down my accumulation, so go for the strategy you feel will give you your desired result and abandon any strategy that is slowing you down.

[ginsan]

The only time you should change strategy is when you notice you are no longer comfortable with that strategy or the strategy is not giving you the desired result needed, a lot of people started Bitcoin investment by accumulating only during the dip I was among this set of people but when I saw the DCA strategy and how it works I preferred it to the other I was using because the former didn't give me the result I needed it slowed down my accumulation, so go for the strategy you feel will give you your desired result and abandon any strategy that is slowing you down.

It seems very contradictory in the accumulation journey if we just started investing in bitcoin with DCA strategy and quickly switch to another strategy then such a decision will make you inconsistent throughout the long-term accumulation planning.

If we just started investing in bitcoin then we must be able to maintain initial strategy until the next 5 years and after that we can change the strategy that may be more aggressive or buy dips.

For that, the initial stages of investment require a lot of patience, mental readiness and readiness to stick with one strategy in order to increase our focus on buying bitcoin.

[Churchillvv]

Like some time ago when the market crashed a little because of the actions of whales who sold a lot so that later they could get a cheaper price and blamed the newcomer, an AI-based application from China. This also caused market panic even though it was not much, but we who like to collect BTC even though the rate is small with DCA moments like that we must also take advantage of it quickly

It was a big event for sure, and it's a great example of how a small innovation can move mountains, basically.
I sure hope to see more things like that to come, even though the panic would ensue, it pushes things forward and calls for action.

Perhaps in such situations where things are tried to be manipulated I only see opportunities from such situations instead of captivating on what happened and what's happening buying more stash even though it's the smallest amount is much more valuable to one than blaming whales who sold and bought back yet such situations only gave us the avenue to acquire more bitcoin than ever.

[JayJuanGee]

Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price.  Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..

BlackRock is buying a lot of Bitcoin.  That makes some people worried.  A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws.  They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.

I never suggested that people should not be worried about Blackrock.  Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and  I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.

BlackRock are also accumulating bitcoin just like other Big financial companies, but as a small investor, its essential to stay vigilant about these big players like BlackRock etc in the market. They are always looking to profit, at times there will always be an untrustworthy moves by these bigger entity to manipulate and create uncertainties in the market for their gains. Although Bitcoin is designed to withstand attacks and no matter the string they pull or uncertainties they create. Smaller investor need to be focus on long term and stay optimistic on the potentials of bitcoin, its important for bitcoin accumulators to stay invested and not get swayed into selling during market fluctuations.

Through bitcoin's history, there have been a lot of different kinds of attacks, and some of the attacks have gotten more sophisticated, so so there is no doubt that various kinds of attacks won't continue including if any players might identify some loopholes that they believe that they are able to take advantage.  They will continue to try, and they might be successful and they might not.

Surely by definition, many longer term HODLers have not been scared off by past efforts, yet it does not even mean that longer term HODLers might either not be scared in the future, or maybe some longer term HODLers might sell a decent stake of their BTC, yet even if some one might be a longer term HODLer and maybe had accumulated more than 100 BTC over 10 years or more (and maybe his cost per BTC is around $1k or less), so then the longer term HODLer decides to sell 25 BTC so that he will feel more comfortable.. so then right now 25 BTC will give him $2.5 million.. or maybe he decides to ONLY sell 5 BTC right now, and then to sell 5 BTC every time the BTC price goes up $100k, and so then the longer term HODLer feels better, but the whole selling of part of the BTC stash might be a BIG SO WHAT? in the whole scheme of things.

Someone who is newer to bitcoin, perhaps in his first one or two cycles, may well give less than two shits if the long term BTC HODLer is deciding to sell some of his BTC stash over certain kinds of BTC price movements, and surely it would seem that the newer person to bitcoin has to consider it to better in his position to just keep buying BTC for at least one or two cycles and to analyze what he is going to do further after getting through a cycle or two.

In other words, there have always been certain kinds of potential attacks and even known attacks, and unknown attacks and a variety of possibilities, yet bitcoin still has remained amongst the strongest of investments, so surely any kinds of scares about possible attack vectors could help to inform some one about how much to invest (what position size to take), yet it seems quite short-sighted if newbie no coiners or low coiners are choosing completely against investing into bitcoin merely because there could be various weaknesses that might be exploited, and perhaps some of the weaknesses are not currently known.

A lot of folks are going to continue to have fun staying poor because they fail/refuse to take a bitcoin position, and like I mentioned the question about uncertainties should be answered by potentially taking a smaller [position size rather than failing/refusing to take any BTC position, which has tended to be what an overwhelmingly large percentage of the world's population has committed such error and seems to be continuing to commit such error while governments, institutions and status quo rich people are ongoingly buying bitcoin and continuing to cause the BTC price to go up, which causes normies to continue to fail/refuse to take a sufficient and/or adequate bitcoin position.. which like many of us likely realize that it can take 1-2 cycles or more to actually establish a sufficient/adequate bitcoin position, especialy for normies.. many of whom do not have a lot of discretionary income with which to work.

[edited out]

...... Therefore, for beginners who are really serious about investing in Bitcoin, and already have a lot of cold cash, it is best to invest immediately. .....

Why would there be any kind of requirement for a beginner to have a lot of cash to start investing into bitcoin?  Why couldn't a beginner start with investing $10 into bitcoin?  And why would they need to be serious?  Surely a person could start to invest into bitcoin with a small amount and build up his seriousness level later and also to build up his amount to invest later too..

[edited out]

Even the ETF of a thing is a way to indirectly regulate Bitcoin more when bought under a custodial arrangement of ETF. The more the portion bought through them, the more control they and the government have.

Sure.  Both Blackrock and various governments have been and will likely continue to engage in conduct to try to control bitcoin in whatever various ways that they are able to gain some success, yet the mere fact that they are trying to control it does not mean that they are going to be successful, even if they have a lot of tricks up their sleeve, and even historical ways that they have been able to control various other assets.  Bitcoin remains quite unique in the way that it was designed to be difficult to control (don't we refer to that as censorship resistant?), and sure there can be a variety of ways that both governments and/or BIG companies might be able to get their tentacles into bitcoin, yet their achieving some variations of temporary control might not allow them to retain such control, even if we might assume that various aspects of temporary might be achievable in some regions or some types of bitcoin users.

I think that Blackrock itself (and even Larry Fink) is so enamored with bitcoin based on his recognition that bitcoin is a paradigm shifting asset in which some of the old tricks are not going to work, so they have to try to figure out new tricks, and in the meantime, while they are trying to figure out new tricks to try to control it and to manipulate it, they are making a shit-ton of money, so Fink might not even end up giving too many shits if he ended up not being able to control and/or manipulate bitcoin as long as he continued to make a shit-ton of money from his own abilities to both see and to get involved with the power of bitcoin, including that he has been marketing the shit out of both bitcoin and his ETF. .which has been quite financially lucrative for him and his company up until this point.

Another thing that many of us know (including Larry himself) is that a lot of the power of bitcoin comes from the power of self-custody and to transact without anyone being able to stop you.  Sure, he and his company would like to put some limitations on those kinds of things, yet at the same time, he likely realizes that the power (and the value) of bitcoin will be undermined if there were abilities to completely undermine abilities for individuals to be able to transact on bitcoin without having to receive prior permission.

If Blackrock and/or Larry has some opportunity to kill the golden goose, is he going to do it?  Perhaps? perhaps?  The answer is not obvious and also bitcoin is for friends and enemies, the rich and the poor, the privileged and the unprivileged, insiders and outsiders, so I am not going to proclaim that some insiders might be able to see and identify vulnerabilities that normies might not be able to identify, and yet the question still is not clear that they would exploit such vulnerabilities even if they were to see them, even though they might try to manipulate the price in one direction or another based on identifying such vulnerabilities, but they might not even execute any kind of a death knell, even if they were to happen to get themselves into a position of being able to execute such death knell.

I blame those who do not understand Bitcoin very well, they are the ones who can opt for the ETF arrangement when there is a more viable option of non-custodial that will give full control over your coin.

I think that most of us, including Larry Fink, recognizes that the power and value of bitcoin comes from individual abilities to transact and to control their own keys, even if smaller and smaller numbers of bitcoin end up being held by individuals (on a percentage basis), and so it can sometimes be difficult to measure exactly how many coins are still controlled by individuals and if they can still move their coins, in the event that the coins had not been moved ever or for a long time (such as more than 10 years).

[As-Soon-As]

NEW: Illinois Strategic Bitcoin Reserve Bill!

HB1844 would create a Bitcoin Reserve, and require a minimum HODL period of 5 years for all BTC.
https://x.com/Julian__Fahrer/status/1884701702059942321?t=BmMnf8sImZAqsY5zknenoQ&s=19

Holding is best for a long term, you will not be alone in the general investors, big investors are holding Bitcoin for the next few years. Big investors have seen the most success in Bitcoin investment, maybe they have trusted Bitcoin the most to become financially independent, it is the only main tool to reach the top of success.
This person has been holding Bitcoin for five years, the more he holds this Bitcoin, the more profitable it will be. However, if he is able to hold this Bitcoin for a long time, it is certain that he will get the maximum success.

[DubemIfedigbo001]

I totally agree with you waiting for the Dip is wrong for both newbie and old investors who wants to increase their portfolio and doing this won't only make an investor miss some good opportunity to invest rather it will make an investor to spend longer time in accumulating their Bitcoin. However, in my opinion instead of an investor to wait for Dip simply because they have some tangible Bitcoin in their wallet I will still suggest or if I am the one I will still be investing using the DCA but as much as my initial way of... While I still prepare for the Dip I think with this an investor won't miss so much opportunity, funny enough some investors who wait for the Dip sometimes when the Dip comes is either  they won't have enough money to buy or they won't even invest at all because the Dip comes unexpected.

I disagree with you mate, although not entirely, A newbie has no business waiting for the dip since he/she has no existing Bitcoin investment, so should start immediately to accumulate Bitcoin.

There's levels to this old investor ratings. There's an old investor who is closer to his accumulation target, as well as one who's still far from his target. For example

Let's take a scenario of two investor who has same plan of holding for 15 years and an accumulation target of 10btc.

Investor A has been into Bitcoin for 5 years and accumulated 3.5 BTC out of the 10, you can say he's still far from his target and as well should continue buying regularly and not necessarily only wait for the dip.

While

Investor B already has 8btc in 8 years and still has 7 more years to go, you can see that this investor was more aggressive in his early days and is already much near his accumulation target. Such investor can choose to save up his normal purchasing amounts and wait for the dip to reach his accumulation target.

[Gallar]

[edited out]

...... Therefore, for beginners who are really serious about investing in Bitcoin, and already have a lot of cold cash, it is best to invest immediately. .....

Why would there be any kind of requirement for a beginner to have a lot of cash to start investing into bitcoin?  
Why couldn't a beginner start with investing $10 into bitcoin?
And why would they need to be serious?  Surely a person could start to invest into bitcoin with a small amount and build up his seriousness level later and also to build up his amount to invest later too..

What I am saying is not an absolute necessity, but rather an example for people who want to invest in Bitcoin, they should do it immediately if they are ready. Besides, you are right, starting Bitcoin investment with a small amount of money is also not a bad idea. But why do I say a lot of money in my post? I aim it at beginners who already have economic stability and want to invest in Bitcoin. Apart from that, talking about seriousness, I think this is very important to instill from the start when investing in bitcoin. Because how can an investor not start seriously when buying bitcoin. Is it possible that someone bought bitcoin just for fun, I don't think so. That's why you need to be serious when starting to invest in Bitcoin. Because bitcoin is an investment asset and not for people to play around with. But once again I emphasize that what I say is not an absolute requirement. Because of course some people have different assumptions regarding this matter. But this is what I did from the beginning when I invested in Bitcoin.

[Rockstarguy]

Waiting to buy Bitcoin at the dip is not a good decision for anyone that want to make good investment in Bitcoin because it's not certain that the price will reduce to the minimum expected value that you targeting before you will buy and this can make someone to loose a good opportunity buying Bitcoin at a good rate if you consider DCA.
I think buying Bitcoin by DCA is more preferable to waiting to buy in dip because with DCA you can be monitoring the price and still be investing on a particulate rate over the time and even if the price happen to appreciate instead of dipping as you are expecting you are already in business that will give you a good return which you can add up with the valuable capital to buy more Bitcoin by DCA.

There is absolutely no need worrying your self by always cheeking or monitoring the price of bitcoin when you are already using the DCA strategy for it is gamblers or traders that always monitor bitcoin price so they could sell out if the price is dropping meanwhile the DCA strategy gives you the room to invest at a regular interval by gradually accumulating more bitcoin either every weeks or months weather the price is high or not and continue hodling for long, so always monitoring the price of bitcoin before accumulating Bitcoin is not for DCA users for it is traders or gamblers that always monitor bitcoin price before accumulating Bitcoin.

So far as one have the habit of monitoring and checking the price of bitcoin  it means volatility is still a threat. It is only in trading a trader is expected to monitor the market. Bitcoin investment is a longterm investment and you don't have anything to do by monitoring the market, fine if the price of bitcoin goes dip it is just a chance for you to buy more bitcoin and you do not monitor the market to know when to buy bitcoin. As an investors you buy bitcoin at all time you know you afford it and not only in the dip.

The price has nothing to do with hodling and investing bitcoin, if you are considering bitcoin in your hodling it can be a distraction to you and means you still don't have the understanding of bitcoin.

[Pablo-wood]

Waiting to buy Bitcoin at the dip is not a good decision for anyone that want to make good investment in Bitcoin because it's not certain that the price will reduce to the minimum expected value that you targeting before you will buy and this can make someone to loose a good opportunity buying Bitcoin at a good rate if you consider DCA.
I think buying Bitcoin by DCA is more preferable to waiting to buy in dip because with DCA you can be monitoring the price and still be investing on a particulate rate over the time and even if the price happen to appreciate instead of dipping as you are expecting you are already in business that will give you a good return which you can add up with the valuable capital to buy more Bitcoin by DCA.

There is absolutely no need worrying your self by always cheeking or monitoring the price of bitcoin when you are already using the DCA strategy for it is gamblers or traders that always monitor bitcoin price so they could sell out if the price is dropping meanwhile the DCA strategy gives you the room to invest at a regular interval by gradually accumulating more bitcoin either every weeks or months weather the price is high or not and continue hodling for long, so always monitoring the price of bitcoin before accumulating Bitcoin is not for DCA users for it is traders or gamblers that always monitor bitcoin price before accumulating Bitcoin.

It's not just gamblers and traders that monitor market price, you can also monitor market price while applying your DCA approach. Remember DCA is simply buying accumulatively at different prices. So to get the best price offer while applying your DCA strategy you still need to monitor the market, look out for nice setup that is for experienced investors who understands what controls the market technically and fundamentally.

For a complete beginner or a novice they don't need to bother themselves with all this technicalities all they just need to do is buy at every new price but they should pay attention to the direction of the market if it is consistently buying or selling to know in what direction they should buy so they don't end up buying too high when they would have gotten it much more cheaper if they have had a little patience.

[Stablexcoin]

It's not just gamblers and traders that monitor market price, you can also monitor market price while applying your DCA approach. Remember DCA is simply buying accumulatively at different prices. So to get the best price offer while applying your DCA strategy you still need to monitor the market, look out for nice setup that is for experienced investors who understands what controls the market technically and fundamentally.

For a complete beginner or a novice they don't need to bother themselves with all this technicalities all they just need to do is buy at every new price but they should pay attention to the direction of the market if it is consistently buying or selling to know in what direction they should buy so they don't end up buying too high when they would have gotten it much more cheaper if they have had a little patience.

I disagree with you. You dont have to monitor the market at all times when you are DCA. There is nothing like the best price when you are DCA, at every single time you DCA you buy at the current price waiting to buy on the price you refer to as better price is simply timing the price because what if you did not get to see Bitcoin go to that price you wont buy until it is in that price. Now how does that get to be DCA when indirectly you are similarly practicing trading by timing the market.

For better understanding. Let me make it clear here. Ones an investor deviate from buying at current price when they DCA to waiting for better price opportunity which may not likely come then he is not using DCA anymore. Dont confuse yourself  with this.

[Marvelockg]

Waiting to buy Bitcoin at the dip is not a good decision for anyone that want to make good investment in Bitcoin because it's not certain that the price will reduce to the minimum expected value that you targeting before you will buy and this can make someone to loose a good opportunity buying Bitcoin at a good rate if you consider DCA.
I think buying Bitcoin by DCA is more preferable to waiting to buy in dip because with DCA you can be monitoring the price and still be investing on a particulate rate over the time and even if the price happen to appreciate instead of dipping as you are expecting you are already in business that will give you a good return which you can add up with the valuable capital to buy more Bitcoin by DCA.

There is absolutely no need worrying your self by always cheeking or monitoring the price of bitcoin when you are already using the DCA strategy for it is gamblers or traders that always monitor bitcoin price so they could sell out if the price is dropping meanwhile the DCA strategy gives you the room to invest at a regular interval by gradually accumulating more bitcoin either every weeks or months weather the price is high or not and continue hodling for long, so always monitoring the price of bitcoin before accumulating Bitcoin is not for DCA users for it is traders or gamblers that always monitor bitcoin price before accumulating Bitcoin.

It's not just gamblers and traders that monitor market price, you can also monitor market price while applying your DCA approach. Remember DCA is simply buying accumulatively at different prices. So to get the best price offer while applying your DCA strategy you still need to monitor the market, look out for nice setup that is for experienced investors who understands what controls the market technically and fundamentally.

saying that you are doing DCA and at the same time looking for the best price before buying is just like you are trying to eat your cake and still have it. no doubt, we all look at the price of bitcoin almost on a daily bases and definitely if you are an active forum member that visits the wall observer thread at least ones a day, there is no way you will not know the current price of bitcoin but that is totally different from the concept of doing DCA and at the same time doing what will look like an attempt to time the market for DIPs only before buying.

for the sake of clarity, we have to establish a fact and that is that looking at bitcoin price on a daily basis does not mean that you are a gambler, we all do it and most times we do it involuntarily. what is the issue is the intent for looking at the price and the good and bad thing is that the issue is not another person's issue but definitely your issue because at the end of the day, your action or inaction will affect just you and you alone. doing DCA entails that you set a plan on buying time based on when the fund will be available, when it is time, you care less about bitcoin price at that instance because in all the different times you are going to DCA, there will be moment when you will buy at low, high and some sort of moderate price. DCA is never about buying too low or timing the market but more about being disciplined and consistent basically because you want to get to a certain end in the long run.

For a complete beginner or a novice they don't need to bother themselves with all this technicalities all they just need to do is buy at every new price but they should pay attention to the direction of the market if it is consistently buying or selling to know in what direction they should buy so they don't end up buying too high when they would have gotten it much more cheaper if they have had a little patience.

theoretically, the idea of being patient while waiting for the best time to buy looks ideal but in reality, it can lead you to patiently waiting for months before buying an $100 worth of bitcoin.

let's say you want to DCA every week with just $20 and you hope to do that consistent for every week of the year. do you mean that on from Monday to Friday you will be able to know which day is the best day to buy or you will wait from Monday to Friday and then the direction of the market for that period of days would place you at a good profit for just an investment of $20? this does not look practically alright for me. if your plan is to DCA, forget about the few cent difference between the different buying opportunity you might come across, just buy when the resource is available and watch your investment grow in the long run.

[Taskford]

Waiting to buy Bitcoin at the dip is not a good decision for anyone that want to make good investment in Bitcoin because it's not certain that the price will reduce to the minimum expected value that you targeting before you will buy and this can make someone to loose a good opportunity buying Bitcoin at a good rate if you consider DCA.
I think buying Bitcoin by DCA is more preferable to waiting to buy in dip because with DCA you can be monitoring the price and still be investing on a particulate rate over the time and even if the price happen to appreciate instead of dipping as you are expecting you are already in business that will give you a good return which you can add up with the valuable capital to buy more Bitcoin by DCA.

There is absolutely no need worrying your self by always cheeking or monitoring the price of bitcoin when you are already using the DCA strategy for it is gamblers or traders that always monitor bitcoin price so they could sell out if the price is dropping meanwhile the DCA strategy gives you the room to invest at a regular interval by gradually accumulating more bitcoin either every weeks or months weather the price is high or not and continue hodling for long, so always monitoring the price of bitcoin before accumulating Bitcoin is not for DCA users for it is traders or gamblers that always monitor bitcoin price before accumulating Bitcoin.

It's not just gamblers and traders that monitor market price, you can also monitor market price while applying your DCA approach. Remember DCA is simply buying accumulatively at different prices. So to get the best price offer while applying your DCA strategy you still need to monitor the market, look out for nice setup that is for experienced investors who understands what controls the market technically and fundamentally.

For a complete beginner or a novice they don't need to bother themselves with all this technicalities all they just need to do is buy at every new price but they should pay attention to the direction of the market if it is consistently buying or selling to know in what direction they should buy so they don't end up buying too high when they would have gotten it much more cheaper if they have had a little patience.

I don't really get the point on why we need to monitor the market while its not actually price is not your main concern while accumulating.

We can do DCA without following the market trends since whatever price is good enough for us to accumulate. It will just bother bother people so better not to pay attention on the market and just pay more attention on your next accumulation.

Usually traders are the one who follow market trends also those people scared enough to accumulate and what they always want to buy at the dip which is actually not always possible to happen.

Consistency is really important here and we don't need any other technical things to consider before buying since we can do it anytime we want.