Buy the DIP, and HODL!

[Zanab247]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

[Sim_card]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

First of all, this is a bitcoin thread and we aren't talking about shitcoins, so don't use the word crypto.
It's wrong to give a trading mentality to your kids or teach them that trading is good for bitcoin. Bitcoin is a long-term investment and profit shouldn't be our priority but building our bitcoin portfolio to our bitcoin target. What will it profit you to put in your time, resources and proper plan to build and grow your bitcoin portfolio only because you want to sell at every bull run. You will miss out the chance of increasing your bitcoin portfolio overtime and benefit from the compounding profits.

Teach your kids how to invest in bitcoin with DCA and grow it overtime for their future, by buying a saving box for each ofthem and teach them how to put every money given to them by visitors, friends and families inside the saving box for a very long period of time. So that they can understand how to grow their bitcoin investment gradually, slow and steady with DCA, just like they did with saving their money little by little in the saving boxes..

There is no best time to buy bitcoin and DCA method has proven that because you buy bitcoin irrespective of the price of bitcoin. Being consistent, persistent and aggressively keeping your bitcoin accumulation journey ongoing is what we should take very important.

[asarfiar]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

Many good say that some rules and continents are needed when going on in life This continuity is intimately involved with everyone, you will not find the right path if you do it without the other. If you want to prepare yourself, you need to follow some things, then you are BitcoinOr you can invest in any other crypto in the long run This is the matter of the rich to all the poor, the emergency fund, prudent fund and reserve fund.

These three things I think in Bitcoin investment is important, because your Bitcoin is in long -term investment so that there is no obstacle.Emergency Funds that help you spend your daily spending and reserve funds that handle your disaster situation and prudence funds that help you invest in long -term Bitcoin.

[Stormisover]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

In my observation you are describing trading which is gambling than investing, because for investing there is no best time to buy other than when you have your investment money available, bull run is not just time to sell an investors can still be buying Bitcoin even in a bull run, those that emphasis on selling on the bull run is that of the traders and not investors, it will more better for us to teach our children investment for long term and it's principles than teaching how to buy and sell for short term profit.

[Pi-network314159]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future.
 We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

if i may ask, are you really educating your children how to invest in crypto or bitcoin? because from your speech, its obvious you don't know the difference between crypto and bitcoin. for the benefit of doubt crypto may likely be referred to as shitcoin or and or a coin that has no potential for long term investment.

for the aspect of proclaiming that you want to teach your children how to buy and sell to make profit during bull rum makes it  obvious that you want to educate them on how to trade. please note that bitcoin investment is different from trading. even if you want to educate your children about investment then you should tell them about bitcoin and its potential. and you should not force them because bitcoin is not by force when it comes to educating our children. because they may chose another form of investment rather than bitcoin since anyone has free will to make personal decision. we can only try to educate them but not like a thing of mandate.

[DubemIfedigbo001]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

If you want to invest in bitcoin, of course you must first learn how to do it step by step so that your bitcoin investment goes well.

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

A brand new investor like Victor winer does not need to learn about wallet first before starting his bitcoin investment, because it's not part of the basic knowledge of bitcoin. Wallet can ne very technical for a brand new investor to understand and to know the best wallet that is safe for him. It will be a waste of time because he can get started into investing in bitcoin and learn about the wallet he feels is best safe for self custody to him.

However, as a new investor who is using DCA method to accumulate bitcoin, he needs to buy his bitcoin every week and keep it in an exchange for the amount to accumulate up to $500 and above before he should transfer to his self custody wallet in order to avoid to many small small UTXO in future, so that those small UTXO don't end up eating all his profits in future when transaction fees are very high.

Getting started and learning more about bitcoin while you are investing is the best way to go about investing in bitcoin as a no coiner since you are investing in a long-term. As you are DCAing, you're learning at the same time.

Well on the contrary, the brand new investor might not be a low income person and might have large discretionary income and decide to lump sum at start. Would you rather subscribe to him keeping a lot like $20k with of Bitcoin or more in an exchange? Perhaps no. So you see learning about ways to buy on exchanges, store your funds accurately in wallets, difference between custodial and non-custodial wallets, how to accurately store your seed phrases offline and other little security tips becomes the prerequisite and little knowledge you can aquire prior to your accumulation journey.

There are far more complex things to learn about wallets like RBF, CPFP, multi sig, exporting private keys and the rest of them which one can learn as they advance into their accumulation journey

[Scarlett_23]

One should not do anything blindly. Not even investing. It is much more important to be realistic without giving in to emotions. Even when investing, it is very important to give priority to reality. That is, a person should be sure about the situation of his emergency fund when investing. Because an emergency situation destroys a person's investment. If a person's emergency fund cannot provide him with good support for three to six months, then his investment will not be meaningful. After ensuring an emergency fund, whenever the person's financial situation stabilizes, he will have to adopt one more strategy. He will have to increase his income by one or two more if necessary so that Bitcoin investment is easier. And his plan will have to be more long-term and complete.

That is, a person has to think long-term and ensure continuous investment. After investing for a few consecutive months, it cannot be dropped again in the middle.

In this case, there is no alternative to the DCA method to keep the person's plan dynamic.

[Jewan420]

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

You sound like a trader and are trying to confuse investors, especially newbies. The word crypto is confusing here, what do you mean by crypto? If you are using the word 'crypto' to refer to Bitcoin, then you should clearly use the word 'bitcoin'. If you mean shitcoin by crypto, then you should discuss this in the relevant board. Because, this is a Bitcoin investment thread.

I want to ask you, do you want to encourage your children to trade where the risk of losing money is high? Or do you want to get involved in risky crypto investments? If I am asked such questions, I will clearly answer in the negative. Because I do not want my child to be involved in any risky activity. Maybe he can enter into trading consciously, but I can only discourage him, because everyone has the freedom of expression. But I will never want my child to be attracted to risky activities.

Maybe I will encourage my child to invest, especially if he is interested in Bitcoin investment and alternative investments. Maybe you can't make a profit in the short term, but in the long term, your chances of making a profit are higher and you may be able to establish yourself in life with this investment. It is better for an investor to refrain from confusing words like selling investments, what you can do is take profits if necessary after achieving the goal.

[PremiumcryptoHub]

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

Everything you mentioned are fine but to start investing in Bitcoin, you don't need to know about the wallet first, how many people can understand this first? If you are experienced, the best advice may be to initially present the basic knowledge correctly to inexperienced investors, because it makes it very easy to learn about Bitcoin investment. So I personally think that knowing the wallet from the beginning is not subject to basic knowledge.

When a new investor starts investing then he will be able to select the right wallet when he gradually become experienced. Moreover since we are discussing DCA here, perhaps by investing through this method, perhaps many people can learn a lot and it becomes very easy for them to master many things about investing.

[Sticky Bomb]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

If you do not have a stable income, then you will be out of investment within a few days. Because you will invest for a long time, you will be able to take profit from here after a certain time. If you do not have a stable income, you will not be able to deposit Bitcoin. First of all, you have to find a source of a stable income.

It's wrong to take profit from your investment before maturity, remember you have an accumulation target and if you continually shave off profits, you're behaving like a trader who is interested in short-term gains in his investment and not an investor who should be committed to reaching his accumulation target as soon as possible. Shaving off practice is a bad practice in your investment journey and this is why you need to have backup funds to protect you from falling back to your portfolio in order to solve some needs.

Emergency fund is very important. When you invest for the long term, you also need to create an emergency fund. Because in case of unexpected financial disasters, the emergency fund will be your shield. Try to keep 3 times your stable income in an emergency fund.

I believe you meant at least 3 months worth of your expenses as an emergency fund, yes emergency fund and other variances of backup funds serves as a safe heaven for the investor in times of need during his investment journey. Backup funds are very important to be built alongside your accumulation journey.

[Findingnemo]

Because an emergency situation destroys a person's investment. If a person's emergency fund cannot provide him with good support for three to six months, then his investment will not be meaningful. After ensuring an emergency fund, whenever the person's financial situation stabilizes, he will have to adopt one more strategy. He will have to increase his income by one or two more if necessary so that Bitcoin investment is easier. And his plan will have to be more long-term and complete.

That is, a person has to think long-term and ensure continuous investment. After investing for a few consecutive months, it cannot be dropped again in the middle.

In this case, there is no alternative to the DCA method to keep the person's plan dynamic.

First of all before investing get a good health insurance, that's what most of the emergency situation we end up spending all our life savings.

Emergency fund of 6 months your salary is kind of mandatory but people may adjust it as per their situation, for example if someone is single and no one relied on them for their life then having as little is suffice and remaining can go into the investment and I would say those are the one who can afford to take high risk investment decisions.

DCA is static, period. Just keep investing what you're intended to irrespective of the price drops or rise.

[Joy- maker]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

this is absolutely misleading, how could you say that we should impart crypto knowledge to our upcoming generation, why you know that the word crypto is general.
you should  heve said instead, that we should impact bitcoin knowledge to our upcoming generation, in other for them not be mislead into investing their money in shitcoins that has nothing to offer in the future.

Bitcoin has already proving itself to be a store value with potential returns, bitcoin knowledge is the knowledge you should be impacting into your children for them to be guided in the future to know the right coin to invest their money in, because shitcoins have nothing to offer rather than regret.

[BitBakerr1]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

this is absolutely misleading, how could you say that we should impart crypto knowledge to our upcoming generation, why you know that the word crypto is general.
you should  heve said instead, that we should impact bitcoin knowledge to our upcoming generation, in other for them not be mislead into investment there money in shitcoins that has nothing to offer in the future.

Bitcoin has already proving itself to be a store value with potential returns, bitcoin knowledge is the knowledge you should be impacting into your children for them to be guided in the future to know the right coin to invest their money in, because shitcoins have nothing to offer rather than regret.

You are correct, it is true that cryptocurrency or crypto is the general name for all coin in the world however when you try to combine this word to Bitcoin it mislead a lot of people, some set of people has lost money because of this misleading information and that is why it is always advised not to combine the word Bitcoin and crypto.
Bitcoin is totally different from other coin and that is why will call them shitcoins because they are not reliable, so when writing and you want to mention other crypto coin you call it shitcoins and when talking about Bitcoin you call it Bitcoin don't try to miss it up to avoid misleading people, let always remember people always come here to know about Bitcoin and how it works so let's be guided.

[Miyens]

Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.

Definitely some persons are yet still skeptical, funny enough it's just their lack of knowledge and awareness that, Bitcoin is a crypto currency that has come to stay that has changed lives and will continue to change lives if we can try to understand the mechanics of it all, and that will be by studying the market

[I_Anime]

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Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

That is why we must impact crypto knowledge to our generation to improve in any investment they may find themselves in the future. We need to teach them when to buy and where to sell to earn different profits with other investors, and once you train your children in this way, it will be difficult for your children to ignore bull run when it is time to sell because that is the best season to earn massive profits from crypto investment.

Emergency money is very important to every investors, there are some that sold their coins waiting for bear run to occur before they can buy again , but don't use all your money to buy BTC, make sure you reserve emergency money you can use to solve other issues in case without selling your BTC at the moment.

this is absolutely misleading, how could you say that we should impart crypto knowledge to our upcoming generation, why you know that the word crypto is general.
you should  heve said instead, that we should impact bitcoin knowledge to our upcoming generation, in other for them not be mislead into investing their money in shitcoins that has nothing to offer in the future.

Bitcoin has already proving itself to be a store value with potential returns, bitcoin knowledge is the knowledge you should be impacting into your children for them to be guided in the future to know the right coin to invest their money in, because shitcoins have nothing to offer rather than regret.

Impacting cryptocurrencies knowledge to next generation ain't bad because Bitcoin still fall under cryptocurrency , so learning about crypto in a whole is not bad because you are going to need those knowledge in other aspects of cryptocurrency, don't forget that there are other ways to earn money through this space not only by investing but here we talking about Bitcoin investment so we have to focus on that than deviating , the reason why some folks usually fall as victim in investing in shitcoins is because they lacks those knowledge to know how to make the right investment choice.

There other good projects at there but finding them ain't easy so to avoid taken any chances is better to invest in the projects that the potential is more obvious which is Bitcoin , so yaht you won't endup misleading yourself or others .

[ginsan]

First of all before investing get a good health insurance, that's what most of the emergency situation we end up spending all our life savings.

Emergency fund of 6 months your salary is kind of mandatory but people may adjust it as per their situation, for example if someone is single and no one relied on them for their life then having as little is suffice and remaining can go into the investment and I would say those are the one who can afford to take high risk investment decisions.

DCA is static, period. Just keep investing what you're intended to irrespective of the price drops or rise.

that makes sense my friend, those who are single who have invested in bitcoin of course they have had a period of change in their mindset. Because so far those who are sluts prefer to splurge without any goals that they are targeting for the future.

The budget for those who are single can certainly be done with more than those who are married. For example, those who are married are able to allocate 10% of their income, of course those who are single can allocate 30% of their income to invest in bitcoin.

However, in good principles in investing, of course, they must have an attitude of concentration that they focus on investing in bitcoin. Let's say they invest today, then their ideal target is of course for 2030 as the main target and can be adjusted if they continue, in the next 5 years they must take their time to focus and concentrate on buying bitcoin. If they manage it so well, of course one thing they can reap is the opportunity for success with the perfect word if they do it with full concentration without missing weekly purchases, dips and moving aggressively.

[Stormisover]

Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.

Definitely some persons are yet still skeptical, funny enough it's just their lack of knowledge and awareness that, Bitcoin is a crypto currency that has come to stay that has changed lives and will continue to change lives if we can try to understand the mechanics of it all, and that will be by studying the market

I don't think we need to understand the mechanics of it all neither do we need to study the market before Bitcoin will change our lives, lack of perfect knowledge about Bitcoin should not make us not to invest since we can improve in our learning in various aspects while we are already buying Bitcoin, you can't start telling a newbie about understanding the mechanics of Bitcoin and studying the market when all their focus at first should be buying Bitcoin anytime they have their discretionary income to buy Bitcoin.

[I_Anime]

Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.

Definitely some persons are yet still skeptical, funny enough it's just their lack of knowledge and awareness that, Bitcoin is a crypto currency that has come to stay that has changed lives and will continue to change lives if we can try to understand the mechanics of it all, and that will be by studying the market

I don't think we need to understand the mechanics of it all neither do we need to study the market before Bitcoin will change our lives, lack of perfect knowledge about Bitcoin should not make us not to invest since we can improve in our learning in various aspects

As you are investing in Bitcoin also invest in the knowledge aspect that's the right way to approach it , because one thing is to start and the other is to continue so you need those knowledge to be guided in your bitcoin investment, and some users here are helping with that so is left for you to keep implementing that you have learnt so far in your bitcoin investment, because not having the right knowledge may lead to you messing up your investment at the end , before it will start yielding anything good for you , so balancing both just the best .

[avp2306]

Society is still pretty skeptical of Bitcoin, which is a good thing. It means we're still in the early adoption phase and we probably have a couple more of these cycles left. Once it becomes obvious to everyone, it's unlikely to keep repeating. At that point I expect the trajectory to change. Either we'll enter a bearish supercycle and adoption will wane, or we'll enter the vertical phase of an S-curve and price/adoption will rise much faster than ever before.

In the S-curve scenario, I think 8-figure USD valuations for BTC are possible, and probably a lot sooner than most people around here would expect too.

Definitely some persons are yet still skeptical, funny enough it's just their lack of knowledge and awareness that, Bitcoin is a crypto currency that has come to stay that has changed lives and will continue to change lives if we can try to understand the mechanics of it all, and that will be by studying the market

I don't think we need to understand the mechanics of it all neither do we need to study the market before Bitcoin will change our lives, lack of perfect knowledge about Bitcoin should not make us not to invest since we can improve in our learning in various aspects while we are already buying Bitcoin

You don't need to become an expert first before you start since gaining basic knowledge is enough already for you to start. You can get knowledge along the process after all and provably you can learn many things thru each situation you encounter.

Doing to much research can cause delay since it will just make you slow down, they should not make things very much complicated since buying Bitcoin and hold it is so easy.

That's why this is ideal thing to do and less stress investment since the things they consider is to consistently accumulating, Do DCA and then later on set up their emergency funds then after that for sure they are fine and can able to last long with Bitcoin.

[JayJuanGee]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

If you want to invest in bitcoin, of course you must first learn how to do it step by step so that your bitcoin investment goes well.

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

Then after you can practice it, then you learn the buying strategy. One of them as said by ultrloa is the DCA strategy. DCA is indeed a very effective buying strategy and is widely used by bitcoin investors. So if you are interested in learning this strategy, then learn it. Because in my personal opinion, the DCA strategy really doesn't make us dizzy. Because we don't really need to look at the price when buying bitcoin with this DCA strategy. So this strategy will definitely be very suitable for those of you who are still beginners. Also, don't forget to learn about risk, because in any case, investing in bitcoin also has risks, even though they are small. So you still have to learn about risk management, such as only investing using cold money.

There is no reason to learn all of the things that you mentioned prior to getting started buying bitcoin.  The more basic things to figure out is whether you have any discretionary income or not, and once you figure out that you have discretionary income then to invest into bitcoin from within the boundaries of your discretionary income. .. and sure at the same time, any newbie will have to figure out from where they need to source their coins.

So, even if each person needs to work on learning about bitcoin, learning about wallets and learning about various aspects of their cashflow management, these are not needed to be learned and/or  perfected prior to starting investing in bitcoin, yet surely the more that any of us invest, the more we likely need to make sure that we are comfortable with various of the details.  We may  well then be in  a better position to start out our bitcoin investment conservatively and to work up our level of bitcoin investment as we become more comfortable and more knowledgeable.

Do DCA and then later on set up their emergency funds then after that for sure they are fine and can able to last long with Bitcoin.

Emergency fund can be built  simultaneously while investing into bitcoin and simultaneously while strengthening various other aspects of cashflow management related to managing income, expenses and/or other kinds of back up funds.