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Author Topic: Buy the DIP, and HODL!  (Read 77572 times)
salad daging
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January 01, 2023, 11:22:40 PM
Merited by JayJuanGee (1)
 #1701

Yes, that's right, DCA is the most appropriate strategy for my current investment strategy. for me the DCA method is indeed the coolest for long term investment, and the capital is only patient. while waiting for the right moment to take advantage.
Most of us probably said it already, but the level of difficulty will vary. DCA is just one strategy that you can apply both in the short and long term, but if you believe now is the right time to buy everything then what's wrong with doing it.

After all, it's not mandatory to do DCA all the time if in fact you have seen the bearish cycle is over where the bullish cycle has started. I don't care how much DCA I have done, but if the market has been looking bullish then I think I just need to spend all my capital in one buy ''lump sum". But for now, you can still consider DCA considering that the market is still in a bearish state, at least it's safe to spend 50% of your capital on every dip.
Well it's not supposed to do DCA all the time but there is a time to buy with a little bigger capital after I thought this was still an opportunity while it was still bearish, but at the end of 2023 I got a bonus in a company and closed the book in my business of course that's all It has been calculated and I did a lump-sum on January 1st around $ 1,500 but for DCA it can still be considered moving forward I don't this is more chaotic because the capital is spent on a lump-sum of around 50% but it's all good enough after I saw the record in 2022.

I think in 2023 we will not miss continuous buying because this is still in a fairly long bearish phase, even though there has been much speculation that recovery will still be quite difficult in my view and indeed the target this year is not to release bitcoin.

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January 02, 2023, 09:31:10 AM
 #1702

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle
Buy and HOLD...!!!
Two syllables that we often hear in investment advice in bitcoin, scientifically people think so because bitcoin is the best investment at the moment, besides that bitcoin is also the best asset in the long term for us to save. We also have to pay attention to a few things, buy when there is a decline and don't panic when the market experiences a fairly severe correction, the current bitcoin period is entering a sideway cycle, meaning that the resistance point is still there.

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.

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Wind_FURY (OP)
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January 02, 2023, 09:42:22 AM
Merited by JayJuanGee (1), salad daging (1)
 #1703

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle
Buy and HOLD...!!!
Two syllables that we often hear in investment advice in bitcoin, scientifically people think so because bitcoin is the best investment at the moment, besides that bitcoin is also the best asset in the long term for us to save. We also have to pay attention to a few things, buy when there is a decline and don't panic when the market experiences a fairly severe correction, the current bitcoin period is entering a sideway cycle, meaning that the resistance point is still there.


It's actually three syllables. Cool

But that's not important. What's very important is currently to have an investment plan from January to December of 2023, and be sure that you have enough Bitcoin HODLed before the next halving. It's also not important what kind of investment strategy we plebs want to use, what's important is PLEBS BUY and front-run the billionaires before the next bull cycle. DCA, Buy the DIP, Buy on Strength, WHATEVER! JUST BUY AND DO NOT BUY THIS GUY!



Quote

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.


Big believer, or not, as a pleb like me, if you want good profit you should, Buy the DIP, and HODL.

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fzkto
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January 02, 2023, 11:14:14 AM
 #1704

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle
Buy and HOLD...!!!
Two syllables that we often hear in investment advice in bitcoin, scientifically people think so because bitcoin is the best investment at the moment, besides that bitcoin is also the best asset in the long term for us to save. We also have to pay attention to a few things, buy when there is a decline and don't panic when the market experiences a fairly severe correction, the current bitcoin period is entering a sideway cycle, meaning that the resistance point is still there.

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.
So far, it is not clear that the market is entering a sideways phase. But I agree with you that now is a good opportunity to buy cheap bitcoin. Even if the price falls even lower, for example by half, it will be an even better opportunity to buy more bitcoins. It's still a year and a half away from halving. Until that time, you need to accumulate as many coins as possible.

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JayJuanGee
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January 02, 2023, 05:21:55 PM
 #1705

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle
Buy and HOLD...!!!
Two syllables that we often hear in investment advice in bitcoin, scientifically people think so because bitcoin is the best investment at the moment, besides that bitcoin is also the best asset in the long term for us to save. We also have to pay attention to a few things, buy when there is a decline and don't panic when the market experiences a fairly severe correction, the current bitcoin period is entering a sideway cycle, meaning that the resistance point is still there.

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.
So far, it is not clear that the market is entering a sideways phase. But I agree with you that now is a good opportunity to buy cheap bitcoin. Even if the price falls even lower, for example by half, it will be an even better opportunity to buy more bitcoins. It's still a year and a half away from halving. Until that time, you need to accumulate as many coins as possible.

I agree with everything you say fzkto, and sure anything is possible, even for BTC prices to drop "by half" from here ($7k to $8k)... but you also should be considering where we are at, too... and how the prices are so low historically that it should seem a bit crazy to be giving very much weight to the price falling by half.. even though it is possible and even though anything is possible.

By the way, no coiners and low coiners frequently have those kinds of dreams and/or talking points about the BTC price dropping further when it is at the bottom, and then they end up inadequately preparing for UP.. which ends up contributing to both their bitterness and their experiencing ongoing inabilities to becoming a coiner rather than sometimes just staying a bitter nocoiner.  hahahahaha We have seen a lot of those folks... so I have no problem in terms of making sure that we are psychologically and financially prepared for down and even extreme down, but we better be prepared for UP, too...   Some people have difficulties figuring out how it is even possible to prepare for either direction (and both directions) at the same time... and it is possible.. what's your balance?  what's your balance?  Each of us should be able to figure out those balancing points, even though it is likely not easy, but with practice, there are ways to make the practice of assessing and employing balancing points easier and easier.

1) Self-Custody is a right.  There is no such thing 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
salad daging
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January 02, 2023, 06:09:17 PM
Merited by JayJuanGee (1)
 #1706

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle
Buy and HOLD...!!!
Two syllables that we often hear in investment advice in bitcoin, scientifically people think so because bitcoin is the best investment at the moment, besides that bitcoin is also the best asset in the long term for us to save. We also have to pay attention to a few things, buy when there is a decline and don't panic when the market experiences a fairly severe correction, the current bitcoin period is entering a sideway cycle, meaning that the resistance point is still there.


It's actually three syllables. Cool

But that's not important. What's very important is currently to have an investment plan from January to December of 2023, and be sure that you have enough Bitcoin HODLed before the next halving. It's also not important what kind of investment strategy we plebs want to use, what's important is PLEBS BUY and front-run the billionaires before the next bull cycle. DCA, Buy the DIP, Buy on Strength, WHATEVER! JUST BUY AND DO NOT BUY THIS GUY!



Quote

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.


Big believer, or not, as a pleb like me, if you want good profit you should, Buy the DIP, and HODL.
The syllables are only reinforcement but we must be able to plan well in 2023.

January - December is a long time to be able to take advantage of the plan to hoard as much bitcoin as possible this year you don't need to worry about bitcoin recovering this year but what is clear is that after the bitcoin halving there are always good plans for ATH again, think about buying and HOLD, when there is capital I lump-sump again.

It was even recorded that in 2022 I did a lump-sump of 16x Cheesy, ohh I will focus on this in 2023.



If the picture says stacking bitcoins under $1 million, then my biggest achievement is piling up bitcoins under as low a price as possible!!!

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.Duelbits.
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THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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MarjorieZimmermanGinger
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January 03, 2023, 08:16:59 AM
 #1707

It's actually three syllables. Cool

But that's not important. What's very important is currently to have an investment plan from January to December of 2023, and be sure that you have enough Bitcoin HODLed before the next halving. It's also not important what kind of investment strategy we plebs want to use, what's important is PLEBS BUY and front-run the billionaires before the next bull cycle. DCA, Buy the DIP, Buy on Strength, WHATEVER! JUST BUY AND DO NOT BUY THIS GUY!



Say it's true 😁!!!

From the start I often said that investment plans need to be matured strategy, this serves to get the certainty step to do enough HOLD and I think strategy placement is very important every step of the investment that we do.

Given this is a speculative asset and needing to understand cyclical conditions to get involved in it, many mistakes people make by cutting losses are due to panic and not knowing bitcoin's phase of correction.

If you are someone who is a big believer in bitcoin then there is no need to identify a dips but all you need to think about is how to enter the market and collect some bitcoins in case of a dips.

Quote
Big believer, or not, as a pleb like me, if you want good profit you should, Buy the DIP, and HODL.
Buy DIP and HOLD are in line with bitcoin is a promising asset and bitcoin is an investment that is able to maintain investment value. That's why we need a strategy for investing in bitcoin.

Next trip to the moon!!!!

So far, it is not clear that the market is entering a sideways phase. But I agree with you that now is a good opportunity to buy cheap bitcoin. Even if the price falls even lower, for example by half, it will be an even better opportunity to buy more bitcoins. It's still a year and a half away from halving. Until that time, you need to accumulate as many coins as possible.
There is a conditioning in this phase I think, where the price of bitcoin tends to stay around $ 16K in the past few weeks and that's why I assume bitcoin is in a sideways phase. Opportunities to buy are actually very open during conditions like this, because bitcoin will experience a gradual recovery for the next few months.

If this assumption is correct and the linkage of the bitcoin cycle goes according to it, then the opportunity to gain profits in collecting bitcoin at this time will provide maximum results and even if the cycle shifts we can still hold on and wait for the recovery to arrive.

I agree with everything you say fzkto, and sure anything is possible, even for BTC prices to drop "by half" from here ($7k to $8k)... but you also should be considering where we are at, too... and how the prices are so low historically that it should seem a bit crazy to be giving very much weight to the price falling by half.. even though it is possible and even though anything is possible.

By the way, no coiners and low coiners frequently have those kinds of dreams and/or talking points about the BTC price dropping further when it is at the bottom, and then they end up inadequately preparing for UP.. which ends up contributing to both their bitterness and their experiencing ongoing inabilities to becoming a coiner rather than sometimes just staying a bitter nocoiner.  hahahahaha We have seen a lot of those folks... so I have no problem in terms of making sure that we are psychologically and financially prepared for down and even extreme down, but we better be prepared for UP, too...   Some people have difficulties figuring out how it is even possible to prepare for either direction (and both directions) at the same time... and it is possible.. what's your balance?  what's your balance?  Each of us should be able to figure out those balancing points, even though it is likely not easy, but with practice, there are ways to make the practice of assessing and employing balancing points easier and easier.
We have big dreams about the bitcoin journey, not because of the amount of investment we have, but because our previous involvement has provided a big picture regarding future investments that are more relevant.

Psychological and financial preparation is a readiness that we have set when investing in bitcoin and I think almost all forms of investment involve these two points. Mathematically, we have been involved in any conditions in bitcoin, this is what makes us mature in responding to ongoing market conditions.

Buy and HOLD Bitcoin, we're going to the moon!!!

The syllables are only reinforcement but we must be able to plan well in 2023.

January - December is a long time to be able to take advantage of the plan to hoard as much bitcoin as possible this year you don't need to worry about bitcoin recovering this year but what is clear is that after the bitcoin halving there are always good plans for ATH again, think about buying and HOLD, when there is capital I lump-sump again.

It was even recorded that in 2022 I did a lump-sump of 16x Cheesy, ohh I will focus on this in 2023.
Enter into a state of strategy right???

Does Buy and HOLD fall into two syllables, if and we put that aside 😁

And I often listen to halvings when people are mining. But another important point is to collect as many bitcoins as possible and wait for the next ATH.

Quote


If the picture says stacking bitcoins under $1 million, then my biggest achievement is piling up bitcoins under as low a price as possible!!!
The words heaps remind me of building the foundation of a house and that's why the foundation is the most important part of building a house.

THE RELATIONSHIP is

If we manage to hoard bitcoins, then the biggest opportunity will be Billionaires

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salad daging
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January 04, 2023, 12:57:22 PM
 #1708

Enter into a state of strategy right???

Does Buy and HOLD fall into two syllables, if and we put that aside 😁

And I often listen to halvings when people are mining. But another important point is to collect as many bitcoins as possible and wait for the next ATH.
YES

Assume that what is Bold is omitted, BUY/HODL is what people often say to keep their BITCOIN from being sold.

The common man is waiting for the halving and after that event will make bitcoin to ATH again and in 2021 what about ATH bitcoin to $69k? For the next $100k we expect something bigger than before, and yes we should be able to accumulate as many bitcoins as possible from now on!
ATH is definitely happening again!

The words heaps remind me of building the foundation of a house and that's why the foundation is the most important part of building a house.

THE RELATIONSHIP is

If we manage to hoard bitcoins, then the biggest opportunity will be Billionaires
We have to learn from that basis, however the foundation is a strong prisoner so that the position of the house remains firm, even then the word "heap" in bitcoin reminds me to stay in a strong position after we buy.

Remember a piece of bitcoin will make the value bigger.
I agree with this word.


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January 04, 2023, 04:59:23 PM
 #1709

Remember a piece of bitcoin will make the value bigger.
I agree with this word.


Yes... 0.1 BTC should be a very reachable goal.. even for a brand new bitcoiner.

Surely over the years many of us have proclaimed that it should be a goal to try to attain as many bitcoin as you are able to without overly extending yourself or to put yourself into stress.

So I recall that in the 2013 to 2016 time frame, a common goal seemed to be to attempt to try to accumulate something like 100 or more bitcoins.

It seems that the 2017 to 2020 time frame, a common goal was to attempt to try to accumulate something like 21 or more bitcoins.

Maybe the 2021 to 2024 time frame, a common goal will be to attempt to try to accumulate more than 1 bitcoins... and of course, some people might not be able to reach more than 1 bitcoin in their accumulation, so they accumulate as much as they can, and even the actual accumulation of 0.1 BTC will provide a lot of prosperity in the future, and surely if any of us has amounts of bitcoin that are between 0.1 BTC and 1 BTC, then the amounts above 0.1BTC may well end up being cushion.. or perhaps being a USD millionaire in terms of bitcoin might not be enough in 5-10 years, and therefore it is better to have a cushion and if we are able to accumulate more than 0.5 BTC, then we may well end up having more than 5 million in USD value in terms of our bitcoin holdings, and perhaps that might be sufficiently and adequately enough for a lot of us to live a quite great life down the road.. 5-10 years down the road or maybe our targeted timeline might be further out than 10 years?

1) Self-Custody is a right.  There is no such thing 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
MarjorieZimmermanGinger
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January 07, 2023, 08:56:03 AM
 #1710

>Snip
YES

Assume that what is Bold is omitted, BUY/HODL is what people often say to keep their BITCOIN from being sold.

The common man is waiting for the halving and after that event will make bitcoin to ATH again and in 2021 what about ATH bitcoin to $69k? For the next $100k we expect something bigger than before, and yes we should be able to accumulate as many bitcoins as possible from now on!
ATH is definitely happening again!
That's a scheme that people always run in implementing bitcoin investment in the long term and that's why BUY/HOLD is a word we often hear.

This hope is realistic, because bitcoin is a fairly promising asset and bitcoin can maintain the value of the investment we make, it's time to collect bitcoin slowly and adjust to a certain pattern to take advantage of the capital we have. For me, it's too pushy so I don't have spare money for other purposes, that's also not a solution in investing.

>Snip
We have to learn from that basis, however the foundation is a strong prisoner so that the position of the house remains firm, even then the word "heap" in bitcoin reminds me to stay in a strong position after we buy.
And yes. We must prepare a solid foundation in building a house and a direct connection with investment is in a position of strength in holding the bitcoins that we have. That's why we need a strategy in implementing investments and we are required to be consistent with what we are doing, so that the final results we receive will be maximized.

Remember a piece of bitcoin will make the value bigger.
I agree with this word.


And I am also willing to agree with this, because indeed the investment is carried out in stages and adjusted, but what is more important is to do it consistently in collecting it.

Otherwise, a single piece of bitcoin would not be able to carry humans like JayJuanGee said.

Quote
Maybe the 2021 to 2024 time frame, a common goal will be to attempt to try to accumulate more than 1 bitcoins... and of course, some people might not be able to reach more than 1 bitcoin in their accumulation, so they accumulate as much as they can, and even the actual accumulation of 0.1 BTC will provide a lot of prosperity in the future, and surely if any of us has amounts of bitcoin that are between 0.1 BTC and 1 BTC, then the amounts above 0.1BTC may well end up being cushion.. or perhaps being a USD millionaire in terms of bitcoin might not be enough in 5-10 years, and therefore it is better to have a cushion and if we are able to accumulate more than 0.5 BTC, then we may well end up having more than 5 million in USD value in terms of our bitcoin holdings, and perhaps that might be sufficiently and adequately enough for a lot of us to live a quite great life down the road.. 5-10 years down the road or maybe our targeted timeline might be further out than 10 years?

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BITCOIN4X
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January 07, 2023, 04:13:06 PM
 #1711

For me, it's too pushy so I don't have spare money for other purposes, that's also not a solution in investing.
It's fine if you want to encourage investment rather than spending a lot of money on something you don't really need just out of prestige.
I can truly say this because it is clear that investing is a way that can be leveraged to generate profits in the future. At this time, we all really expect this market trend to change from bearish to bullish, halving is one of the supporting factors but of course other things also play a role.

Again, Buy & Hold - there is a good hope for a bright future.

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capedbaldy
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January 07, 2023, 07:18:44 PM
 #1712

It's fine if you want to encourage investment rather than spending a lot of money on something you don't really need just out of prestige.
I can truly say this because it is clear that investing is a way that can be leveraged to generate profits in the future. At this time, we all really expect this market trend to change from bearish to bullish, halving is one of the supporting factors but of course other things also play a role.

Again, Buy & Hold - there is a good hope for a bright future.
The market trend will definitely turn bullish in the future, historical factors have proven it that after the 2018 crypto market there was a lowest decline phase and then May 2019 turned bullish until it reached a new ATH, so the market cycle is believed to be repeated again this year, so take advantage this moment to increase investment from reserve fund for high profit in bullish moment, I will increase fund allocation for investment and must have more btc at price below $20k.


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ajiz138
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January 07, 2023, 08:33:56 PM
Merited by fillippone (2), JayJuanGee (1)
 #1713

Yes... 0.1 BTC should be a very reachable goal.. even for a brand new bitcoiner.

Surely over the years many of us have proclaimed that it should be a goal to try to attain as many bitcoin as you are able to without overly extending yourself or to put yourself into stress.
0.1 BTC = $ 1690 is still quite low for the current price of bitcoin but for new investors this is clearly still affordable for them to have in the next few years (5-10 years) maybe the value is not $ 1690 anymore even higher to be priced at market, I feel the time is right to own 0.1 BTC now!

Our goal is definitely the same as having as much BTC as possible, it's just that if you already have 0.1 BTC, don't stress because you buy due to pressure again, what is clear is that with an asset of 0.1 BTC, it will be better if you can accumulate it again in stages.

For me, it's too pushy so I don't have spare money for other purposes, that's also not a solution in investing.
It's fine if you want to encourage investment rather than spending a lot of money on something you don't really need just out of prestige.
I can truly say this because it is clear that investing is a way that can be leveraged to generate profits in the future. At this time, we all really expect this market trend to change from bearish to bullish, halving is one of the supporting factors but of course other things also play a role.

Again, Buy & Hold - there is a good hope for a bright future.
But still, an emergency fund must be there when we need it, so we don't need to sell bitcoins that have been purchased so far, so it's a shame if you have bad luck like that, it doesn't matter if you encourage investment as much as possible, but don't sacrifice all the money for bitcoin while emergency funds are left alone, this is important in my opinion because after all, over the course of many years we will definitely need urgent funds that will never know when to need them, so it doesn't interfere with assets in bitcoin, so I really don't recommend forcing it because of ambition have a lot of bitcoins.

We already know that bitcoin has a long cycle, it is very likely that it will go from bearish to the next bullish trend and halving is a factor that many are waiting for because moments like this they consider as the start of bullish coming even though we cannot say for sure, but I am optimistic that I believe it .

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January 07, 2023, 09:21:59 PM
 #1714

Yes... 0.1 BTC should be a very reachable goal.. even for a brand new bitcoiner.

Surely over the years many of us have proclaimed that it should be a goal to try to attain as many bitcoin as you are able to without overly extending yourself or to put yourself into stress.
0.1 BTC = $ 1690 is still quite low for the current price of bitcoin but for new investors this is clearly still affordable for them to have in the next few years (5-10 years) maybe the value is not $ 1690 anymore even higher to be priced at market, I feel the time is right to own 0.1 BTC now!

Yeah, but if you were to be brand new to bitcoin, and you have figured out that you have a cashflow in which you can ONLY afford to invest $10 per week into bitcoin, you should not be rushing (or front loading) your investment into BTC in such a way that you are going to end up fucking yourself because you have over-invested into bitcoin and failed/refused to adequately cover your living expenses.  That would be called gambling rather than investing.

Yes, I have no problem with anyone (including investing newbies) trying to be as aggressive as we can afford to be and maybe even stretching our budgets to buy $15 per week when we might be more comfortable with $10 per week, but at the same time, stretching to spend $100 per week may well be unreasonable for anyone who has already figured out that the most aggressive that s/he can afford to be is $15 per week.. and that even $15 per week may well be "pushing it" but determined to be a reasonable level of "overly" aggressiveness.

Each person has to attempt to figure out his/her own situation and to figure out if there are ways that s/he can reasonably and prudently increase cashflow or reduce expenses or even if s/he believes that it might be prudent to take out a loan or whatever s/he believes is reasonably within his/her means in order to balance investing in bitcoin while making sure that s/he is not devolving his/her strategies into taking too many risks and/or devolving into gambling.

Our goal is definitely the same as having as much BTC as possible, it's just that if you already have 0.1 BTC, don't stress because you buy due to pressure again, what is clear is that with an asset of 0.1 BTC, it will be better if you can accumulate it again in stages.

That sounds right, and also sometimes any of us might employ a bitcoin accumulation strategy that involves making reassessments once a quarter or however frequently that we might believe is necessary in order that we might feel that we are being adequately and sufficiently aggressive without being overly aggressive.

Sometimes when we are in early stages of establishing and building an investment portfolio, there might be needs to engage in a lot more monitoring of our progress and repetitive analyzing to make sure that we have figured out our comfort level, and maybe after a few years we are able to relax a lot more because we start to see that our hard work from prior years is starting to pay off... even though we realize that there are not any guarantees and we realize that it can take a while before we get into a comfortable position.. including that sometimes it could take 10-15 years before we start to feel comfortable, and other people are able to establish systems in which they start to be comfortable in a much shorter time-period.. maybe even in less than a year, they start to feel that they are comfortably on the right track and they can relax some of their earlier levels of "intensity."

1) Self-Custody is a right.  There is no such thing 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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January 08, 2023, 05:33:13 AM
 #1715

It's fine if you want to encourage investment rather than spending a lot of money on something you don't really need just out of prestige.
I can truly say this because it is clear that investing is a way that can be leveraged to generate profits in the future. At this time, we all really expect this market trend to change from bearish to bullish, halving is one of the supporting factors but of course other things also play a role.

Again, Buy & Hold - there is a good hope for a bright future.
I just want to encourage many people to put the money they have in promising investments, rather than using money only to meet prestige needs. Bitcoin has shown us all, that at the moment it is the best investment capable of keeping value in the future, there is a bullish trend on the way this year, given the approaching four-year cycle.

Keep buying and holding until the time comes for a suitable return, as bitcoin is approaching the halving and will be in a recovery phase.

But still, an emergency fund must be there when we need it, so we don't need to sell bitcoins that have been purchased so far, so it's a shame if you have bad luck like that, it doesn't matter if you encourage investment as much as possible, but don't sacrifice all the money for bitcoin while emergency funds are left alone, this is important in my opinion because after all, over the course of many years we will definitely need urgent funds that will never know when to need them, so it doesn't interfere with assets in bitcoin, so I really don't recommend forcing it because of ambition have a lot of bitcoins.

We already know that bitcoin has a long cycle, it is very likely that it will go from bearish to the next bullish trend and halving is a factor that many are waiting for because moments like this they consider as the start of bullish coming even though we cannot say for sure, but I am optimistic that I believe it .
The accumulation of buying bitcoins by holding reserve money is very important to adjust, you have to set up funds for health, children's education and other needs that are roughly needed. The percentage that can be invested is 70% in bitcoin and 30% is held to meet the needs I mentioned above, so that when there is an urgent need we don't need to sell bitcoin.

The bitcoin cycle is real because we have seen this on its way and that's why we need reserve money to hold, because when there is an urgent need and market conditions are bearish, we don't need to sell bitcoins to cover the need.

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January 08, 2023, 11:57:00 PM
 #1716

It's fine if you want to encourage investment rather than spending a lot of money on something you don't really need just out of prestige.
I can truly say this because it is clear that investing is a way that can be leveraged to generate profits in the future. At this time, we all really expect this market trend to change from bearish to bullish, halving is one of the supporting factors but of course other things also play a role.

Again, Buy & Hold - there is a good hope for a bright future.
I just want to encourage many people to put the money they have in promising investments, rather than using money only to meet prestige needs. Bitcoin has shown us all, that at the moment it is the best investment capable of keeping value in the future, there is a bullish trend on the way this year, given the approaching four-year cycle.

Keep buying and holding until the time comes for a suitable return, as bitcoin is approaching the halving and will be in a recovery phase.

Even if your intentions are quite good in this regard, I don't think it's necessary to force it to encourage many people to enter into this matter, especially if the conditions seem to be forced, I don't think it's very good in the end.
It would be great if more people were in bitcoin because of course it could lead to more adoption and conditions would be better than before but I don't think the interest in bitcoin can be forced by anyone. Because in my opinion this condition must be based on self-will so that when it happens they will explore more and find out the ins and outs of this both from the conditions and the consequences they will get later.

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MarjorieZimmermanGinger
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January 09, 2023, 05:29:39 AM
 #1717

Even if your intentions are quite good in this regard, I don't think it's necessary to force it to encourage many people to enter into this matter, especially if the conditions seem to be forced, I don't think it's very good in the end.
It would be great if more people were in bitcoin because of course it could lead to more adoption and conditions would be better than before but I don't think the interest in bitcoin can be forced by anyone. Because in my opinion this condition must be based on self-will so that when it happens they will explore more and find out the ins and outs of this both from the conditions and the consequences they will get later.
All decisions are up to each individual, I do not mean to force people to get involved in investing, but I just want to make it clear that right now bitcoin is the best investment ever. Pushing and forcing have different meanings, I just want to engage in the sense of pushing.

If there are a thousand reasons people don't know bitcoin in depth. That is a classic reason and irrelevant to existing technological developments, only three people don't want to be involved in bitcoin investment?

  • Refused to accept bitcoins (hated it)
  • Do not have the capital to run
  • There is no technology as a support where he lives

For the rest, there is no other reason that can be accepted by common sense, because everyone has realized that bitcoin is an investment that is able to maintain value in the long term.

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ajiz138
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January 09, 2023, 03:23:34 PM
 #1718

Yes... 0.1 BTC should be a very reachable goal.. even for a brand new bitcoiner.

Surely over the years many of us have proclaimed that it should be a goal to try to attain as many bitcoin as you are able to without overly extending yourself or to put yourself into stress.
0.1 BTC = $ 1690 is still quite low for the current price of bitcoin but for new investors this is clearly still affordable for them to have in the next few years (5-10 years) maybe the value is not $ 1690 anymore even higher to be priced at market, I feel the time is right to own 0.1 BTC now!

Yeah, but if you were to be brand new to bitcoin, and you have figured out that you have a cashflow in which you can ONLY afford to invest $10 per week into bitcoin, you should not be rushing (or front loading) your investment into BTC in such a way that you are going to end up fucking yourself because you have over-invested into bitcoin and failed/refused to adequately cover your living expenses.  That would be called gambling rather than investing.

Yes, I have no problem with anyone (including investing newbies) trying to be as aggressive as we can afford to be and maybe even stretching our budgets to buy $15 per week when we might be more comfortable with $10 per week, but at the same time, stretching to spend $100 per week may well be unreasonable for anyone who has already figured out that the most aggressive that s/he can afford to be is $15 per week.. and that even $15 per week may well be "pushing it" but determined to be a reasonable level of "overly" aggressiveness.

Each person has to attempt to figure out his/her own situation and to figure out if there are ways that s/he can reasonably and prudently increase cashflow or reduce expenses or even if s/he believes that it might be prudent to take out a loan or whatever s/he believes is reasonably within his/her means in order to balance investing in bitcoin while making sure that s/he is not devolving his/her strategies into taking too many risks and/or devolving into gambling.
If you already have a BTC wallet, then that's enough even though it's only a piece of BTC but with future investments you have to be able to balance it and with $10 per week or according to the needs that are qualified they are good because we have started to think about the cash flow that must meet our needs while it is more important for the journey of life.

That's how aggressive they are with the BTC they put in, $10/$ 15 is normal, anyone might be able to put it in BTC but if it's over $ 100 it's really hard, however the needs won't match our investment expectations, I know this is better for accumulate bitcoins but there will be more suffering if more dollars are put into bitcoin with that we have to be reasonable and calculate in detail even if it is $10/$ 15 but it still goes on weekly it is certain that bitcoins will accumulate even though the time period is long.
I don't want to weigh it down but as long as $10/$15 there are no distractions it's definitely better.

I personally do not recommend loans, while investments will not produce faster, but loans will generate greater interest if not paid, so obviously I personally avoid this because I don't want to mix investments with loans.
I avoid things like this.

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January 10, 2023, 04:12:42 PM
Merited by JayJuanGee (1)
 #1719

Remember a piece of bitcoin will make the value bigger.
I agree with this word.


Yes... 0.1 BTC should be a very reachable goal.. even for a brand new bitcoiner.

Surely over the years many of us have proclaimed that it should be a goal to try to attain as many bitcoin as you are able to without overly extending yourself or to put yourself into stress.

So I recall that in the 2013 to 2016 time frame, a common goal seemed to be to attempt to try to accumulate something like 100 or more bitcoins.

It seems that the 2017 to 2020 time frame, a common goal was to attempt to try to accumulate something like 21 or more bitcoins.

Maybe the 2021 to 2024 time frame, a common goal will be to attempt to try to accumulate more than 1 bitcoins... and of course, some people might not be able to reach more than 1 bitcoin in their accumulation, so they accumulate as much as they can, and even the actual accumulation of 0.1 BTC will provide a lot of prosperity in the future, and surely if any of us has amounts of bitcoin that are between 0.1 BTC and 1 BTC, then the amounts above 0.1BTC may well end up being cushion.. or perhaps being a USD millionaire in terms of bitcoin might not be enough in 5-10 years, and therefore it is better to have a cushion and if we are able to accumulate more than 0.5 BTC, then we may well end up having more than 5 million in USD value in terms of our bitcoin holdings, and perhaps that might be sufficiently and adequately enough for a lot of us to live a quite great life down the road.. 5-10 years down the road or maybe our targeted timeline might be further out than 10 years?

There is always an increase in the price of every Bearis cycle every 4 years which makes it more difficult for people to collect Bitcoin because the prices are increasing as well as the lowest point, even in a Bearish state, as you said the target for collecting Bitcoin is decreasing (100-21-3) This target shows the proof.
I think we should not be oriented towards owning hundreds of BTC, owning 0.5 Bitcoins as you said is most likely to become a millionaire in the future.

Our words may sound like Bitcoin sellers but who am I for bitcoin, without us Bitcoin will fly by itself. Basically, we're just trying to share what we've been through with Bitcoin and say that diversifying investments in bitcoin is highly recommended, especially if it's in Hodl for the long term because historical evidence shows that more and more people are adopting bitcoin and the price is getting higher.
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January 10, 2023, 04:14:42 PM
 #1720

Set a grid range 1-21.000.000 pr. USD and harvest the fee's.

You mingle the numbers till it makes sense. Full grid on.

Throw some "shit" and see what sticks.
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