Buy the DIP, and HODL!

[OfficialGratejoy]

I sincerely apologize to everyone who are trying to put though about what is going on here,and me now is see it as miss treatment,please accept my apologies

[DubemIfedigbo001]

thank you very much I really appreciate you for putting me through.

It is my pleasure you learned something from me today, I would still point out to you that posting under yourself is spamming in this forum, you can edit your previous post and add this one to it since no one has posted below you that you wish to reply. Most of us were confused just like you in the beginning, but we took our time to learn and grow in the forum, perhaps you can do the same, quit posting much and validating yourself and learn from those who have more experience in subjects of concern and you'll be up to speed in no distant time. We hope to see you around buddy.

[BitBakerr1]

I sincerely apologize to everyone who are trying to put though about what is going on here,and me now is see it as miss treatment,please accept my apologies

I'm happy you are learning, no body is stepping on your toes you are a newbie you need to take correction and learn, when I joined this forum I had to read through a lot of post and I understood a lot of things, and that is what you are suppose to do, you don't have to mention crypto when talking about Bitcoin because is a two different thing, mentioning it is like saying shitcoins and Bitcoin are same thing so we try as much as possible to avoid it so we won't mislead our fellow newbies and truly I understand why it is so here, because some newbies may think because crypto is mentioned here and encourage to buy then shitcoins is good and if that happens one has mislead them, always remember we are not discussing trading in this thread and also not discussing shitcoins.

[OfficialGratejoy]

I sincerely apologize to everyone who are trying to put though about what is going on here,and me now is see it as miss treatment,please accept my apologies

I'm happy you are learning, no body is stepping on your toes you are a newbie you need to take correction and learn, when I joined this forum I had to read through a lot of post and I understood a lot of things, and that is what you are suppose to do, you don't have to mention crypto when talking about Bitcoin because is a two different thing, mentioning it is like saying shitcoins and Bitcoin are same thing so we try as much as possible to avoid it so we won't mislead our fellow newbies and truly I understand why it is so here, because some newbies may think because crypto is mentioned here and encourage to buy then shitcoins is good and if that happens one has mislead them, always remember we are not discussing trading in this thread and also not discussing shitcoins.

okay now I understand my omissions,well thanks alot I really appreciate.

[laspol65]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC



Link: https://x.com/Saylorsatsire/status/1883800411293077555?t=VbqE-RnAZx2Tr_m2dN4i4w&s=19

[MusaPk]

It is my pleasure you learned something from me today, I would still point out to you that posting under yourself is spamming in this forum, you can edit your previous post and add this one to it since no one has posted below you that you wish to reply. Most of us were confused just like you in the beginning, but we took our time to learn and grow in the forum, perhaps you can do the same, quit posting much and validating yourself and learn from those who have more experience in subjects of concern and you'll be up to speed in no distant time. We hope to see you around buddy.

Everyone of us is new to things we meet in our life whether it's the bitcointalk forum or Bitcoin investment strategy. It's the matter of time that we learn and develop expertise. Those who become expert are the ones who keep on learning and never give up. you have given a good advice to people new to  the forum that read more and write less since there is lot of stuff available here already to read and comprehend.

But those that are new to Bitcoin (have little or no bitcoin) must not waste more time in accumulating Bitcoins. They must immediately start gathering Bitcoins for next 5 or more years. The best possible way to start is to follow the DCA strategy.      

[JayJuanGee]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

[OfficialGratejoy]

Hold on for dear life time is a popular strategy among bitcoin investors particularly those who are committed to holding onto there bitcoin for the long term.
Because bitcoin holders,believe that,bitcoin value will significantly increase over time,driving by factors such as,store of value and limited supply.

[Zackz5000]

To my own knowledge only beginners who are new in the crypto market panic on when to sell there bitcoin,no matter the shake in the crypto market,big investors who knows what they are doing in crypto market keep on buying bitcoin with confidence,because they already know the slogan of bitcoin high risk high return.

The best way to learn is to take correction and don't take offense when you are been corrected or criticize because what you don't know is far bigger than you, I have also noticed that today is your first time visiting this thread it would have been better you read some pages before posting here so you can understand at least little of what we are discussing here this is a bitcoin discussion thread and not about crypto as the word crypto is highly prohibited in this thread this is because there are other unreliable coin associated with the term crypto which also includes shitcoins so when next you are making such reference be more specific about the particular coin you are talking about if it is bitcoin or shitcoins so there can be more understanding of what you are talking about so that people don't know won't believe that bitcoin and shitcoin are the same because you mentioned the term Crypto.

[Samlucky O]

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation,will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

Surely everyone has its set target of buying and when to sell but not an immediate sell like traders. In this thread  what we mainly emphasis is accumulating and holding for a longer time before selling. And if you surely don't understand what we are talking about here you might think no one is planing to sell. And I will also like to correct an impression since surely you are a new member in this thread, stop using the word crypto instead of Bitcoin. I don't know how long this conversation has been on since I have not been active here for quite some Time now but that doesn't mean any rule has been changed. We still believe in accumulating or buy  Bitcoin and Hodl. Selling too quickly is not an option to consider. Make sure you invest the amount you can comfortable invest without it affecting you, and make sure your investment doesn't deprive you from leaving a healthy lifestyle. Emergency and reserved fund should be a top priority and don't forget to Hodl for long at least 5 - 10year and 20 - 30 years atost.

[JayJuanGee]

Hold on for dear life time is a popular strategy among bitcoin investors particularly those who are committed to holding onto there bitcoin for the long term.
Because bitcoin holders,believe that,bitcoin value will significantly increase over time,driving by factors such as,store of value and limited supply.

Hold on for dear life is a strategy of someone who is overly concerned about their bitcoin investment, and it is not the meaning of HODL.  That description was made up by mainstream trying to portray bitcoin in a negative way.  HODL has been a fun abbreviation that started out from a drunken misspelling in a post and the "hold on for dear life" was a made up talking point to try to portray bitcoin as if it were emotionally challenging to figure out a strategy to invest in bitcoin for the long term rather than having mistaken ideas of trading it and wanting to get in and out of it.. the trader's degenerate and confused conceptualization of bitcoin.. which you seem to continue to struggle to snap out of your  trading mindset.  Maybe if you tried to engage in serious dialogue rather than trolling then you might actually figure out that your superficial and negative views of bitcoin are seeming to come from a place of ignorance rather than your attempt to act like you know something about king daddy - (perhaps you are being paid by someone to post several times in a row with such derailing non-sensical non-points?)

There are ways to invest into bitcoin aggressively but not so aggressively that you are emotional about it.  Also if you spend a bit of time learning about bitcoin while you are investing into it, you may well start to appreciate that even if it is not guaranteed to go up, at least it is not guaranteed to go down in purchasing power, which is the case with the dollar (and all other fiat currencies).  Many folks investing into bitcoin and holding it come to realize that it is a good hedge against dollar debasement, and surely if you continue to buy bitcoin and hold it long enough then there are decently good odds that BTC price curve trajectory is  going  to continue to be up and  to the right, which largely means that your options go up, especially if you can get through a cycle or two...and yeah, there are no guarantees, so each person has to figure out a position size that is comfortable to his financial and/or psychological circumstances, which should  not be zero.  

Even though around 99% of the world's population do not have any bitcoin, it would be better for them to get some exposure to bitcoin rather than staying on zero or even being underexposed  to bitcoin.  In recent times, I have frequently been suggesting a 5%  to 25% starting  exposure to  bitcoin, yet individuals are responsible for their own choices regarding their exposure level and if they want to be on the lighter end of  the range or the heavier end of  the range, which their chosen level of exposure to BTC also might also relate back to their finances too rather than merely their beliefs about bitcoin.

[ginsan]

~~
There are ways to invest into bitcoin aggressively but not so aggressively that you are emotional about it.  Also if you spend a bit of time learning about bitcoin while you are investing into it, you may well start to appreciate that even if it is not guaranteed to go up, at least it is not guaranteed to go down in purchasing power, which is the case with the dollar (and all other fiat currencies).  Many folks investing into bitcoin and holding it come to realize that it is a good hedge against dollar debasement, and surely if you continue to buy bitcoin and hold it long enough then there are decently good odds that BTC price curve trajectory is  going  to continue to be up and  to the right, which largely means that your options go up, especially if you can get through a cycle or two...and yeah, there are no guarantees, so each person has to figure out a position size that is comfortable to his financial and/or psychological circumstances, which should  not be zero.  

Even though around 99% of the world's population do not have any bitcoin, it would be better for them to get some exposure to bitcoin rather than staying on zero or even being underexposed  to bitcoin.  In recent times, I have frequently been suggesting a 5%  to 25% starting  exposure to  bitcoin, yet individuals are responsible for their own choices regarding their exposure level and if they want to be on the lighter end of  the range or the heavier end of  the range, which their chosen level of exposure to BTC also might also relate back to their finances too rather than merely their beliefs about bitcoin.

Yes sir, that will strengthen someone's argument to have Bitcoin, where Bitcoin becomes a good hedge rather than saving dollars in the bank. It seems very appropriate where in the next few decades we will see how the growth of profits that we will get in Bitcoin investment. Indeed, measuring profits is always a person's mindset in investment, but with bitcoin investment, maybe we only need time to see portfolio growth with better profits.

Apart from that, budget adjustments may be adjusted to the level they are able to invest. like me, I used to budget 10% of my income to be invested, but entering my second year it increased to 10.8% or reached 11.7%. And sometimes I still have a lot of unexpected expenses so smaller adjustments can certainly be adjusted and if pressed I will choose 10% for the next stage.

Sometimes the investment mindset must be really clear to think about, meaning we plan for long-term investment so everything we do in bitcoin is of course as savings for our old age or our children and grandchildren in the future. The thing that strengthens this is of course because the supply is limited, having Bitcoin is certainly like having a better hope for changes in life in the future.

[Furious 7]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

[Churchillvv]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

Perhaps you're U seem to have doubt about bitcoin to an extent of course we can not decide what you would believe in yet it's paramount for you to know that bitcoin is not a shitcoin that will be sweeped out in a very short period of time.

Sure bitcoin might not be 100 percent secure but at least in the past 16 years it has proven to be increasing in price year after years hence its considered one of the lost value assets one can have or invest in and thus it's the same reason governments of different nations are beginning to see visions in it to make the most of it. Anyways as long as you're buying even though you have doubt on what you're buying its still very nice at least you're making attempts to hold.

[GLK_100]

As long as a lot of people are still having doubts then my faith is strong, cause I know very soon the digital world will overshadow the whole world.
So all I've to do now is to position myself well by accumulating more now that is low (dip), of a truth the price might look funny now but in years to come you'll be in massive return.

[Franctoshi]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

When you mention the risk aspect of investing into Bitcoin, here comes in a reason why you should ensure you invest with the amount of money of which you can afford to lose while you make your purchases using DCA strategy, since there are some risks to investing in Bitcoin which are not limited to its price volatility but also the way you go about securing your Bitcoin wallet seed phrases, and clicking of links in your emails which may lead to your wallet being too vulnerable to hackers or storing your Bitcoin in a centralized exchange where you don't have 100% or total control over your Bitcoin because it might get freeze or in some situations where the exchange may go bankruptcy.

[Gallar]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

There are quite a few beginner investors in bitcoin who accumulate their money every day into bitcoin. Maybe this is caused by their enthusiasm which is still passionate and certainly has money to accumulate every day. I think this is not a problem. Because every Investor is free to invest their money whenever they want. But I personally also prefer to invest money in bitcoin once a week or once every two weeks. Because it feels more comfortable and I don't need to look at the market every day. So psychologically my thinking is also calmer if I buy bitcoin once a week or two.

And regarding someone's belief in bitcoin, perhaps what Laspol65 means is not religious belief but belief in the quality of bitcoin itself. Because indirectly and perhaps without us realizing it, why we buy bitcoin is because we believe that bitcoin is a potentially good investment asset in the future. That's why I think we will definitely still have a sense of trust if we invest in bitcoin. Because this is definitely ingrained automatically in us.

[Pi-network314159]

Hold on for dear life time is a popular strategy among bitcoin investors particularly those who are committed to holding onto there bitcoin for the long term.
Because bitcoin holders,believe that,bitcoin value will significantly increase over time,driving by factors such as,store of value and limited supply.

HODL for dear life is not a strategy but a saying by some Media mainstream who potray Bitcoin in a negative way just like JJG have righly Said. The word HODL was discovered by a user named GameKyuubi in his thread I AM HODLING he used the word Hodl instead of hold and it was used allover the internet with different meanings but that was not the intended meaning.

As long as a lot of people are still having doubts then my faith is strong, cause I know very soon the digital world will overshadow the whole world.

The digital world was not made or discoverd to overshadowed the whole world or the physical world. But It was created to work side by side or hand in hand to make the world a better place not a competitive place.

[bestcandy]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

I love what I'm seeing here, it's a good DCA plan. Yes, it's sound religiously to believe Bitcoin and trust the process but it's just a phrase used to express the important of investing in Bitcoin. However, when strategizing your DCA plan it's very important to believe in yourself with the determination to actualize your DCA plan and hold the accumulated Bitcoin asset for long term regardless of the risk and any financial uncertainty that may come up because self motivation and the perseverance for long term plan will enhance the volume of your Bitcoin accumulation to maximize your profit.

[MainIbem]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

I love what I'm seeing here, it's a good DCA plan. Yes, it's sound religiously to believe Bitcoin and trust the process but it's just a phrase used to express the important of investing in Bitcoin. However, when strategizing your DCA plan it's very important to believe in yourself with the determination to actualize your DCA plan and hold the accumulated Bitcoin asset for long term regardless of the risk and any financial uncertainty that may come up because self motivation and the perseverance for long term plan will enhance the volume of your Bitcoin accumulation to maximize your profit.

Well, it would be preferable to use the word Advocate instead of Believer since it sounds too religious, for instance Michael Saylor is an advocate of Bitcoin and keeps adding to his portfolio on a daily basis. That aside, I think investing on a daily basis is not very common and mostly carried out by the rich class like Saylor and his kinds an average number of investors earn on a weekly or monthly basis but then, whatever interval anyone chooses  for the DCA, consistency remains the main goal to maximize profits. As we can see, Saylor keeps buying and he does that aggressively as seen in that image, I don't know how long he can keep up with his daily plan but so far he's really trying in maintaining that standard, that's what everyone should emulate, which is carrying out a preferable DCA plan, stick to it and maintain consistency for very long period.