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Author Topic: Buy the DIP, and HODL!  (Read 256067 times)
Jewan420
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March 01, 2025, 12:11:49 PM
 #14621

Because we are optimistic that it will rise above $ 120.
Yes, Bitcoin will hit $120k and it is almost certain. But it is hard to say when it will happen. Bitcoin could hit $120k tomorrow or it could take a long time. I am not worried about the price at all. You should not worry too much about the price of Bitcoin either. You should trust Bitcoin and focus on buying it. Try to avoid unnecessary thoughts.

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Buy very aggressively at this time
The way you are saying to be aggressive is very confusing. Do you mean that a person should be aggressive even if he does not have the ability? Or that a person should be aggressive in investing without paying attention to the continuity? Or that he should be aggressive in investing without planning and put the investment at risk. I think if you are not completely ready to be aggressive then you should leave this opportunity. Because this is not your last opportunity, you may get such opportunities again and again in long-term investing. By being unnecessarily aggressive, you will only put your holding at risk. If you do not have the funds ready to be aggressive, should you still be aggressive in investing? No, you should not do it at all. The way you are saying, you may be interrupted in continuity or fail to meet your daily needs. To be aggressive in investing, you should have sufficient cash flow and use only money that you can afford to lose. Investing with too much enthusiasm and not prepared to lose is definitely the wrong move and wrong decision.

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because the price of Bitcoin will increase very soon and hold it for a long time
How can you be so sure that Bitcoin price will go up soon? In the long run, Bitcoin price is likely to go up, but in the short term, it is not at all guaranteed. If we see Bitcoin market turn red again or see big red candles, then it is not surprising. You should know that Bitcoin market is very volatile, especially in the short term. Anything can happen here. You should use every moment of the market to your advantage and buy as much as possible.











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sotelorene
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March 01, 2025, 01:08:07 PM
 #14622

Who is buying? It has fallen slightly, but just enough so that I can take advantage of buying, only the smartest buy when there are falls in the price of BTC.

The articles talk a lot about the liquidation of BTC, but I focus on my personal situation, it is a shame that I have not been able to buy much, my fortnight has not allowed me to do so completely, I hope that many are taking advantage, it does not matter how much they do, the objective is clear.
Since you already have an existing strategy you are using to accumulate bitcoin and you have also taken advantage of the current dip but not to your satisfaction, there is no need to be ashamed of yourself for not buying the dip enough before it will expose you to buying the dip with the money that is meant to take care of daily needs, and you end up struggling to sort out your daily expenses. Some investors think that it is by buying the dip they can maximize their bitcoin portfolio, but if they are consistent enough in accumulating bitcoin with the DCA strategy for 4-10 years or more, they will greatly maximize their bitcoin portfolio, so keep calm and buy the dip you can afford to buy, and continue accumulating bitcoin consistently with your already existing strategy; you will maximize your bitcoin portfolio.

it is true that buying btc when the price is falling is certainly very good because with a little money we can buy it by buy a lot of btc and it is true that we also have to control our daily lives because of course we have to buy btc according to our abilities and only money that is ready to be lost is worthy of being used to buy btc. and of course it is true that for example we DCA in the long term of course it is very good. as for if we buy btc when there is a decrease in the price of btc of course it can be done if there is extra money but what is certain is that we should not ignore DCA because with DCA it is certain that when buying btc we will feel light when buying. yes the point is anything depends on our abilities and depends on our finances and interests.

but the current btc price is indeed discounted and indeed those who buy btc now will certainly have the potential to get a lot of profit during the bull run later or in the future.  Smiley


Buying when the price has fallen down is buying the Dip and it is always an advantage to investors who has prepared before that time to buy when there is Dip but you can not buy a lot of Bitcoin with little money and anyone who decide to be greed and selfish during the Dip that is to buy beyond what they can afford all in the quest to hold more or plenty figures of Bitcoin might end up not even holding a shit of it. Buying Bitcoin now because of the Dip doesn't mean one will have a good profit if Bitcoin reach $120k and I don't think that is how it works though you will have a profit but it won't be that big unless you hold it until Bitcoin hit more digits.











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Popkon6
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March 01, 2025, 01:25:15 PM
 #14623

Today, the price of Bitcoin has fallen to its lowest level in the last 3 months. Bitcoin price has dropped below $80k today, so it's a great opportunity to buy the dip. Now that the price of Bitcoin is currently down, it can be called a test to identify long-term investors. Long term holders will try to buy more in this dumping. But short-term holders are in for a disappointment. Some short-term holders may sell.

However, the market conditions are not very good right now, but we have to believe that Bitcoin has good prospects in the long run. So we have to hold the investment for long term. So it would be wise to continue buying bitcoins with this dumpy DCA method.

Those who are holding Bitcoin following the DCA method for a long time will not notice the high and low speed of the market, whenever they think about the Bitcoin market price, they may immediately think of selling their Bitcoin. That is why I say that those who are holding should only be addicted to buying Bitcoin, then they will be able to hold Bitcoin for a long time.
Because the more the long-term plan is implemented, the bigger their investment will be, and the more Bitcoin will be ready to buy. I bought Bitcoin deep in Bitcoin about four days ago at 82k dollars, and currently I am satisfied with my investment and if I can hold it for a longer time, I will definitely be able to reach the peak of success.

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March 01, 2025, 02:36:03 PM
Merited by JayJuanGee (1)
 #14624

Remember that Bitcoin is very volatile in nature so you saying that Bitcoin has fallen to its lowest level is wrong because it may or can still fall below what it is now but we don't know and wether it falls again or not, long term investor who understands Bitcoin will not be weary because it won't fall forever rather once it is okay, it will pump back again and who knows if it will give us a new all time high (ATH) and I think It will definitely give us once it bounces back. Saying the condition of the market is not very good right now makes you look like a trader because an investor won't say that rather they will be happy to see this kind of opportunity to dive in and accumulate more Bitcoin and store because this is the opportunity most investors have been waiting for and any who plays with this opportunity shouldn't expect this kind of opportunity soon again.

There is no such thing, as volatile as Bitcoin is, so are other investment instruments. In the past, Bitcoin was little known, there were few investors, the price was easy to manipulate, a few people could raise or lower the price as they pleased. This is no longer the case. There are very big investors, it has a very big marketcap. It's hard to make Bitcoin more volatile now. We see 10% drops, we don't see 50%. There is no such power anymore, Bitcoin cannot drop 50% in one day. But crappy altcoins can drop even 90%. It's very risky to play with these altcoins. Trading Bitcoin has always been safer.
Such statement doesn't suit a user like you considering your rank in this forum saying that trading Bitcoin has always been safer it is a very misleading information, how did you intend to trade such a great and potential asset such as Bitcoin i wish people doesn't adhere to your information. Trading BTC can never be safer, bitcoin investment is best approach when your invest for a longer period of time rather than going for a short time, now that bitcoin price has drop don't you think that who intend to trade might panic and sell out in lost because of been afraid that bitcoin will dip more? Long time investors won't panic at this moment instead they will have to accumulate more Bitcoin and HODL for a time of 4-10 or more please disregard bitcoin as a trading asset and HODL for a longer time.
Rank does not signify that a particular user has the best of knowledge on everything in the forum. He may have higher rank but his knowledge on Bitcoin investment is limited. Also, the only reason i am against what he said is because we are meant to be discussing on how to accumulate more Bitcoin at this period not a plan to start trading a valuable asset like Bitcoin.

At the same time Zacks we cannot push someone to start what he may not be able to finish. That will be a financial mistake since everyone has the right to do whatever they want with their finance and take responsibility for every action they make. Let him make his choice if he wants to trade Bitcoin or not, but when discussing in this thread he should only talk about investing and not trading.

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Mayor of ogba
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March 01, 2025, 04:17:07 PM
 #14625

Remember that Bitcoin is very volatile in nature so you saying that Bitcoin has fallen to its lowest level is wrong because it may or can still fall below what it is now but we don't know and wether it falls again or not, long term investor who understands Bitcoin will not be weary because it won't fall forever rather once it is okay, it will pump back again and who knows if it will give us a new all time high (ATH) and I think It will definitely give us once it bounces back. Saying the condition of the market is not very good right now makes you look like a trader because an investor won't say that rather they will be happy to see this kind of opportunity to dive in and accumulate more Bitcoin and store because this is the opportunity most investors have been waiting for and any who plays with this opportunity shouldn't expect this kind of opportunity soon again.

There is no such thing, as volatile as Bitcoin is, so are other investment instruments. In the past, Bitcoin was little known, there were few investors, the price was easy to manipulate, a few people could raise or lower the price as they pleased. This is no longer the case. There are very big investors, it has a very big marketcap. It's hard to make Bitcoin more volatile now. We see 10% drops, we don't see 50%. There is no such power anymore, Bitcoin cannot drop 50% in one day. But crappy altcoins can drop even 90%. It's very risky to play with these altcoins. Trading Bitcoin has always been safer.


You are absolutely correct, it is very hard or rare to see Bitcoin drop 50% and I don't think it can ever happen unless Bitcoin has lost it potential and some altcoins don't even have potential I mean some of them or if not all depends on Bitcoin because increase in Bitcoin price will result to increase in those altcoins price and decrease in Bitcoin price will also result to decrease in those altcoins price. But I disagree with your last statement that "trading Bitcoin is always safer" that is not true because whenever you trade Bitcoin the chance of you making loss is very high perhaps  the safest way to go about Bitcoin is buy investing in it ( buying and holding for a long period of time).

We can never say that the price of Bitcoin will increase by 50% today or that the price of Bitcoin will decrease by 50% today. We can only guess. No one can say when it will happen. In a few days, the price of Bitcoin has decreased by more than 20%, just because Bybit was hacked. But we are optimistic that Bitcoin will soon create a new record of the bull market. Because according to the demand for Bitcoin, the price of Bitcoin will increase very soon. Because we are optimistic that it will rise above $ 120.

Buy very aggressively at this time because the price of Bitcoin will increase very soon and hold it for a long time
The hack that happened on the Bybit exchange has nothing to do with bitcoin, so I want you to know that the Bybit hack didn't fuel the dip that just happened a few days back. We all know that one of the characteristics of bitcoin is being volatile in nature, and it can decrease in price anytime when there's no force influencing it to do so. I hope you know that you are accumulating bitcoin not to sell it anytime soon, so if you are buying the dip, don't overdo it so that you will not use the money that is not meant to be invest in bitcoin and then find it difficult to sort yourself out when your daily expenses come knocking at your door.

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March 01, 2025, 04:54:51 PM
 #14626


Any amount is suitable for a new investor to start investing. Even a small investment of as little as $10 can kickstart their investment using DCA. The problem is that some cannot keep up with that $10, after some time they get to stop investing in Bitcoin. But come think of it, $10 is quite a comfortable amount for anyone to be able to DCA with. Any investor who can't keep up with a minimum of $10 investment every week should not be investing in Bitcoin.

To make it very clear, every investment has risk, and Bitcoin does, too. There is no guarantee of success in any investment, so when we are talking about dca and buying for hodl if it is not properly done, the right way, an investor might lose in his Bitcoin if he sells at panic times.
Bitcoin investment is not for everyone morespecially if an investor  don't have a disposable income, even if the investor has as little as $10 as the op made mention of, so long as it is not discretionary Income that is money he will not be needing for a long time he is not fit to invest in bitcoin. So many thinks as long as they are holding bitcoin for a long time that there investment in bitcoin is bound to be successful  which is wrong  however bitcoin investment is best appreciated when view in terms of long term.

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March 01, 2025, 05:55:59 PM
Merited by JayJuanGee (1)
 #14627


Any amount is suitable for a new investor to start investing. Even a small investment of as little as $10 can kickstart their investment using DCA. The problem is that some cannot keep up with that $10, after some time they get to stop investing in Bitcoin. But come think of it, $10 is quite a comfortable amount for anyone to be able to DCA with. Any investor who can't keep up with a minimum of $10 investment every week should not be investing in Bitcoin.



This might be misleading and can scared some newbies from starting their investment, you have to speak for yourself in terms of amount you can be comfortable with, perhaps Bitcoin investment shouldn't be seen as a burden, the dca gives enough flexibilities in terms your allocation amount on different intervals, if a newbie kick start investment with $10 either weekly or monthly, it is not compulsory that he must meet up with the $10 all the time, I believe there are times when our expenses become more than previous weeks or monthly, we can increase or decrease our DCA amount based on the available discretionary income, what we should mostly prioritize is investing within our individual financial circumstances to enable us have the peace of mind needed to grow out asset even though am not insinuating that we should be wimpy with our investment but a low coiner is better than a no coiner.

 
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Zanab247
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March 01, 2025, 06:27:23 PM
 #14628


Any amount is suitable for a new investor to start investing. Even a small investment of as little as $10 can kickstart their investment using DCA. The problem is that some cannot keep up with that $10, after some time they get to stop investing in Bitcoin. But come think of it, $10 is quite a comfortable amount for anyone to be able to DCA with. Any investor who can't keep up with a minimum of $10 investment every week should not be investing in Bitcoin.

To make it very clear, every investment has risk, and Bitcoin does, too. There is no guarantee of success in any investment, so when we are talking about dca and buying for hodl if it is not properly done, the right way, an investor might lose in his Bitcoin if he sells at panic times.
Bitcoin investment is not for everyone morespecially if an investor  don't have a disposable income, even if the investor has as little as $10 as the op made mention of, so long as it is not discretionary Income that is money he will not be needing for a long time he is not fit to invest in bitcoin. So many thinks as long as they are holding bitcoin for a long time that there investment in bitcoin is bound to be successful  which is wrong  however bitcoin investment is best appreciated when view in terms of long term.
BTC is for those that believe in it and put it into action, when you invest in BTC and hodl for long time, show that you believe in BTC because you can't hodl what you don't believe for long years.  If you hodl for long, your hodling will be successful when you sell in the bull run, I know that there are some people that may have some kind problem that will make their hodling not to be successful because they will sell in the short time to solve their problem.

If I want to hodl BTC, I prefer to hodl for long years before I can think on how to sell because there is a hope that am going to earn massive profits that will motivate me to buy in the future.


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CageMabok
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March 01, 2025, 06:42:43 PM
 #14629

Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.

To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.

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March 01, 2025, 06:58:30 PM
Merited by JayJuanGee (1)
 #14630

Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.

To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.
Whatever the reason, buying aggressively if you use the money to meet your needs is not a good idea. And also not using emergency funds to make aggressive purchases is also not good, the right aggressive purchases in my opinion are those who use extra money or get money unexpectedly or business profits or others that are obtained outside of regular income that are prepared for aggressive Bitcoin purchases at the right time.

And in long-term Bitcoin investment, you still have to have an emergency fund that is always set aside every time you get a steady income and also to buy Bitcoin periodically without having to deviate for any reason to switch to aggressive purchases because it is very risky even though you have to work hard to cover it, you still have to anticipate if something happens suddenly there is no option to use Bitcoin.

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March 01, 2025, 08:07:44 PM
 #14631

Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.

To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.
When an individual use money for basic needs to buy Bitcoin,  such Bitcoin may not be held for long because basics needs are needs that cannot be postponed else life will not be convenient. So I agree with you that people should be properly guided so they know the difference between money for investment and money for other needs. The essence of investing is to be able to hold for long  so that should be the focus.











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March 01, 2025, 08:54:26 PM
 #14632

Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.
 
To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.
When an individual use money for basic needs to buy Bitcoin,  such Bitcoin may not be held for long because basics needs are needs that cannot be postponed else life will not be convenient. So I agree with you that people should be properly guided so they know the difference between money for investment and money for other needs. The essence of investing is to be able to hold for long  so that should be the focus.
Buying Bitcoin aggressively with the fund set aside for basic is one of the step for every Bitcoiner to sell at lost price no matter the good intention s/he has and no matter how people make wrong decision with their Bitcoin investment we can only make them understand the fact about how to accumulate Bitcoin profitably because even if you're Satoshi and you provide them the right guide they will still end up following their path.

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March 01, 2025, 09:25:03 PM
 #14633

Rank does not signify that a particular user has the best of knowledge on everything in the forum. He may have higher rank but his knowledge on Bitcoin investment is limited. Also, the only reason i am against what he said is because we are meant to be discussing on how to accumulate more Bitcoin at this period not a plan to start trading a valuable asset like Bitcoin.

At the same time Zacks we cannot push someone to start what he may not be able to finish. That will be a financial mistake since everyone has the right to do whatever they want with their finance and take responsibility for every action they make. Let him make his choice if he wants to trade Bitcoin or not, but when discussing in this thread he should only talk about investing and not trading.

LOL did you seriously write this nonsense or are you just trolling? We will not allow noob members like you to mislead new investors. You can't go and tell people that trading altcoins is safer than trading Bitcoin. You can't fool people like that. People will come and blame you when they lose their money, but you will continue your life like you don't care? There is no place here for people like you who try to manipulate people.


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March 01, 2025, 09:52:46 PM
 #14634

Buying Bitcoin aggressively with the fund set aside for basic is one of the step for every Bitcoiner to sell at lost price no matter the good intention s/he has and no matter how people make wrong decision with their Bitcoin investment we can only make them understand the fact about how to accumulate Bitcoin profitably because even if you're Satoshi and you provide them the right guide they will still end up following their path.

Your response is a bit contradictory to me because how do buying bitcoin aggressively a step for bitcoiners to sell at lost. Anyways while i am still trying to grasp what you are saying, i can tell you that there is no such thing as bitcoiners selling at lost price while investing aggressively but i can put it in a clearer way for you. Buying aggressively can only depend on the size of your discretionary income such that you can chose to invest all without minding how big the amount is since it is still at the level of your discretion. It can also depend on how big your income is and how little your expenditures are that will tell if you will have enough discretionary amount to invest aggressively.

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March 01, 2025, 11:05:10 PM
 #14635

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.
It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

Investing is easy and it is also easy to sustain investment in the long term if you know the strategy. Yes, in any situation, people have to learn to deal with the situation at any time, so there are some strategies to sustain Bitcoin investment in the long term.
 Those strategies are emergency fund, through emergency fund you will be able to sustain your investment in the long term. Because you can use money from here to deal with the situation at any time, as a result, the pressure on your Bitcoin long-term investment will be reduced.

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March 02, 2025, 01:55:37 AM
Merited by suzanne5223 (1)
 #14636

Don't you think that our level of aggressiveness should be directly proportional to our discretionary income and not as a result of a market conditions, there is no Market conditions that is not good enough for an aggressive buying, you can still Buy aggressively  even at the time of a peak price as a long term investor it has to do with the availability and the level of your discretionary income for investment.
 
To much excitement of this time can make lots of people to buy with the money to be use to sort out their basic needs after which they will start struggling to pay for basic needs.
Investors who are still able to buy Bitcoin more aggressively are those who do not use their basic needs money for that because they usually have it specifically and separately from their basic needs. However, if you have seen ordinary people who follow the footsteps of aggressive investors in buying Bitcoin and have sacrificed money for their basic needs, I think you need to guide them well enough so that they do not build the wrong steps even though they are for the right purpose of investing in Bitcoin in the long term.
When an individual use money for basic needs to buy Bitcoin,  such Bitcoin may not be held for long because basics needs are needs that cannot be postponed else life will not be convenient. So I agree with you that people should be properly guided so they know the difference between money for investment and money for other needs. The essence of investing is to be able to hold for long  so that should be the focus.
Buying Bitcoin aggressively with the fund set aside for basic is one of the step for every Bitcoiner to sell at lost price no matter the good intention s/he has and no matter how people make wrong decision with their Bitcoin investment we can only make them understand the fact about how to accumulate Bitcoin profitably because even if you're Satoshi and you provide them the right guide they will still end up following their path.

There is a difference between being aggressive and being overly aggressive or perhaps sloppy.

A person who invests into bitcoin should consider that he is able to invest aggressively and even to potentially use all of his discretionary income for investing into bitcoin, yet if he ends  ups making a mistake and over investing or even purposefully decided to invest with money he needs for his expenses, he is no longer investing, he is trading and/or gambling and he has gone overboard... and if he says that he is just being aggressive, he is wrong. because he has gone overboard.

Surely we have some guys who might miscalculate their level of investment, and that would be sloppy, and surely we have many times discussed that back up funds and even emergency funds could rescue us from our having had made mistakes in our calculation, yet four our own financial and psychological well being, we should be trying to build practices that we are not making those kinds of mistakes, and even if we are a beginner investor and we are spending months building up our emergency fund, we may also realize that it takes a long time to build our cashflow management practices and our back up funds that even allow us to push our aggressiveness limits, yet even while we are building we still might be wanting to exercise judgements to be as aggressive as we are able to be without over doing it.. and surely, we still have to pay attention so that we do not make mistakes that push us over the line into overaggressiveness and perhaps end up losing some of our progress when we engage in such practices of overaggressiveness, we might not realize our mistake until we have no way to recover from it without suffering more damage than we had needed to suffer.

Rank does not signify that a particular user has the best of knowledge on everything in the forum. He may have higher rank but his knowledge on Bitcoin investment is limited. Also, the only reason i am against what he said is because we are meant to be discussing on how to accumulate more Bitcoin at this period not a plan to start trading a valuable asset like Bitcoin.

At the same time Zacks we cannot push someone to start what he may not be able to finish. That will be a financial mistake since everyone has the right to do whatever they want with their finance and take responsibility for every action they make. Let him make his choice if he wants to trade Bitcoin or not, but when discussing in this thread he should only talk about investing and not trading.

LOL did you seriously write this nonsense or are you just trolling? We will not allow noob members like you to mislead new investors. You can't go and tell people that trading altcoins is safer than trading Bitcoin. You can't fool people like that. People will come and blame you when they lose their money, but you will continue your life like you don't care? There is no place here for people like you who try to manipulate people.

You seem to be the arrogant one, LGD2Business.

This thread is not even about trading.

Specifically we are here talking about various BTC accumulation strategies, and sure maybe you are distracted by the title of "buying the dip," but still we have an investment focus in this thread.

Another thing.. sure you may well be correct that it is safer to trade bitcoin than shitcoins, yet it is hardly even a great topic, even if it were relevant to this thread - especially since whatever trading approaches that anyone chooses to employ has a lot of potential variability, to the extent that trading is not devolving into variations of degenerate gambling in the first place.

Looking at your forum registration date, yeah you have been registered on the forum for 10 years, so yeah, it is nice to interact with members who have experience, yet you still might be grappling with how investing into bitcoin differs from trading it, to the extent that you might want to try to stay topical in terms of this particular thread.. and yeah, there is nothing wrong with having differing ideas, yet it is going to be quite irritating if you are going to want to talk about trading, when the ways that you have been talking about bitcoin so far seems to be deviating from the focus of this thread.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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March 02, 2025, 04:37:41 AM
 #14637

Such statement doesn't suit a user like you considering your rank in this forum saying that trading Bitcoin has always been safer it is a very misleading information, how did you intend to trade such a great and potential asset such as Bitcoin i wish people doesn't adhere to your information. Trading BTC can never be safer, bitcoin investment is best approach when your invest for a longer period of time rather than going for a short time, now that bitcoin price has drop don't you think that who intend to trade might panic and sell out in lost because of been afraid that bitcoin will dip more? Long time investors won't panic at this moment instead they will have to accumulate more Bitcoin and HODL for a time of 4-10 or more please disregard bitcoin as a trading asset and HODL for a longer time.

How is that misleading? If you think Bitcoin trading is not safer than altcoin trading, you really have no business on this forum. What do you trust about altcoins? You may lose all your money in a day with altcoins. This is not possible with Bitcoin. Think a little before commenting and have some knowledge about the subject. Of course, you need to learn to read before that.

I don't think if there was a time when Bitcoin price was easy to manipulate,  Bitcoin has been known for it's volatility which can not be easy to manipulate, if factors like supply and demands, market sentiments or even regulatory authority, war can influence Bitcoin price then I don't believe if there was a time when the price was easy to manipulate.

If you say trading Bitcoin has always been safer I will then say investing in Bitcoin for a long term has always been the safest.

It hasn't even been a month since you joined the forum. I've been following Bitcoin for more than 10 years. If you don't know what's what, open up and read history. I lived through those times, you can't tell me things as if they didn't happen. There was no such safe environment 5-10 years ago. Now it's very easy to invest in Bitcoin. It was easy to play with the price of Bitcoin back then, now it's very difficult. If you don't know, learn by reading.
One thing you should even know is that this thread is not talking about trading and you are here encouraging trading misleading newbies to go into trading by saying trading is safer even when you are been corrected you still don't want learn what kind of human being are you you should know today that both trading in Bitcoin and altcoin no one is even safe talk more of been safer you should know this and have peace, Bitcoin is a great asset that shouldn't be traded accumulate Bitcoin and HODL for long time of 4-10 or more rather than misleading newbies to go into bitcoin for a short time purpose.


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March 02, 2025, 10:30:08 AM
 #14638

and if he says that he is just being aggressive, he is wrong. because he has gone overboard.
Even if a person's investment management activity highlights temptation, then we can call it trading or gambling. There is nothing wrong with making a profit in investment, but if you feel tempted by profit and if you keep spending extra money in the pursuit of extra profit, then it is definitely part of trading, even if it is long-term.

An investor should learn to give equal priority to daily needs and wants as well as investment. If he ignores daily needs and wants and invests with the necessary money, then the temptation is reflected in him, which certainly violates the rules of investment and reflects the nature of trading. You have a higher chance of losing in such an investment. The reason for this may be that you are using money that is necessary in investment and you are not ready to lose that money. When this money is urgently needed, a person will have no choice but to sell holdings to meet that urgent need or you will be forced to take loans which will reflect poor financial management. To be aggressive in investing, you have to be careful not to use the necessary money and you have to be aggressive in investing in a planned manner.

R


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March 02, 2025, 12:59:17 PM
 #14639

You seem to be the arrogant one, LGD2Business.

This thread is not even about trading.

Specifically we are here talking about various BTC accumulation strategies, and sure maybe you are distracted by the title of "buying the dip," but still we have an investment focus in this thread.

Another thing.. sure you may well be correct that it is safer to trade bitcoin than shitcoins, yet it is hardly even a great topic, even if it were relevant to this thread - especially since whatever trading approaches that anyone chooses to employ has a lot of potential variability, to the extent that trading is not devolving into variations of degenerate gambling in the first place.

Looking at your forum registration date, yeah you have been registered on the forum for 10 years, so yeah, it is nice to interact with members who have experience, yet you still might be grappling with how investing into bitcoin differs from trading it, to the extent that you might want to try to stay topical in terms of this particular thread.. and yeah, there is nothing wrong with having differing ideas, yet it is going to be quite irritating if you are going to want to talk about trading, when the ways that you have been talking about bitcoin so far seems to be deviating from the focus of this thread.

If you have followed the topic and looked at the message where the main discussion started, you must have noticed that a few people are deliberately rephrasing words differently to steer the issue into an off-topic debate. New users trying to manipulate the topic in this way should not be allowed.
When you look at the entire message, you can see that when I mentioned trading Bitcoin, I was referring to buying from the dip. I wasn't talking about trading in the sense of constantly buying and selling. Therefore, in the context of the topic my message was a normal on-topic discussion. However, since these people are spammers who don't even understand what they read, they cut half of a sentence and started attacking based on that.

They are cutting only one sentence from my message and distorting it from its original meaning to manipulate the situation. I wonder what the real purpose is of those who create an uproar as if you said something you never actually said and then attack based on that. I guess they have no other concern than creating fake debates to fill their message quotas. If they earn a few merits in the process, it becomes even more profitable for them. I don't even think they have invested in Bitcoin at all.


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March 02, 2025, 01:36:39 PM
 #14640

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.
It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

Investing is easy and it is also easy to sustain investment in the long term if you know the strategy. Yes, in any situation, people have to learn to deal with the situation at any time, so there are some strategies to sustain Bitcoin investment in the long term.
 Those strategies are emergency fund, through emergency fund you will be able to sustain your investment in the long term. Because you can use money from here to deal with the situation at any time, as a result, the pressure on your Bitcoin long-term investment will be reduced.



I disagree with you, investing is not easy and if it was or if it is almost/everybody would have ventured into it, investing is not easy because one have to think through the advantage and disadvantage of it before one can venture into it and some people in the process of thinking they lose interest because they might think out some scenarios that may be difficult for they scale through because anything about investment, there is always a risk so is not easy and sustaining and investment for a long term is not easy too even though you know the strategy because there are stage one will reach, one will be so confused though sustaining an investment will be or. An be easy if you have the necessary things such as your discretionary, emergency fund and back up fund and most importantly you need to be discipline, determined and know how to manage your investment and sometimes even with all these some people still find out hard to sustain there investment you why? Because they are not disciplined and determined.

 
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