Buy the DIP, and HODL!

[Bluedrem]

I don't know what's going to happen to the price tomorrow, whether it's going to surge or whether it continues to go on a correction lower BUT, I believe we shouldn't worry about such things. If you're still accumulating Bitcoin, you should be thankful to have been given the opportunity to purchase more units of Bitcoin for the same amount of fiat TODAY than you would have if you bought during August 13!

 

Those who have not invested in Bitcoin yet may be expecting more DIP to buy. I think Bitcoin should be bought now, maybe today is the best time to buy Bitcoin. We may not get this price tomorrow. Those who are still waiting for DIP, I don't think they will ever be able to invest in Bitcoin, maybe they want to go back to the price of Bitcoin at the beginning of Bitcoin, i.e. 2010-2019. Or they are not really investors. You may have been able to buy one or more Bitcoins with the money you invested before, but now the price of Bitcoin has increased, so why not invest here? Even if you can't afford to buy a full Bitcoin now, think about the DCA method with your discretionary income and aim to buy at least 0.5 BTC. If you start buying now, if Bitcoin reaches $1 million, you may get twice the money you would have needed to deposit 0.5 BTC.
Still, you are one of the best out of 100 because you will have Bitcoin by then.

So I would say don't waste time chasing DIP, start investing no matter what the price is, buy aggressively if possible when the price drops a little.

Remember, Bitcoin is the best, Bitcoin is one of the best, in maintaining the value of your assets in this time of inflation.

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

The bear may have brought you an opportunity but don't be too confident in the bear and make yourself lazy. If the bear's hunger is satisfied, the bear may not even look back at the food and it could be today. So if you don't feed the bear what you want to feed today, then your desire to feed it may not be fulfilled later. Don't be in a hurry but don't be lazy either. When you slow down a heavy car, it takes more energy to accelerate it again and the same is true in the case of Bitcoin. That's why I say maintain consistency and you will be able to reach your destination.

[ruykeri]

Newbies are ignorant and sometimes barely know the right things to do concerning Bitcoin investment, i said that because it's only ignorance that would make people who call themselves investors use funds outside their discretionary funds to invest on Bitcoin, they might think it's for a good course but on the long run they'll still have to temper with their portfolio since they'll still need to settle daily needs.

Honestly speaking, investing in Bitcoin with Money outside your discretionary income is pure gambling because since it's a money they are going to need anytime soon, they are bound to temper or sell off their holdings prematurely just to address what the money was made for, so ignorance is a terrible thing that makes most newbies investors to struggle with their investment, mostly because they are not even aware that investment in Bitcoin should only be done with your discretionary income not money meant for some other basic needs, that's pure gambling if am asked what is that.

In fact, those who are new may not have any idea about the investment that can be made with discretionary income by following DCA. That is why they may invest in the wrong way and lose. Investing in any other way except discretionary income will not be good for the future. Because discretionary income is the extra money that a person has at the end of the month or week after deducting all his expenses. He can do anything he wants with it. He can entertaining himself with this money, or he can spend it with his friends and family, if he wants, he can get a nice gift for his child. Because he will not have any necessary work to do with this money. This discretionary income will be there only after all his necessary expenses are completed. So from now on, if he invests in Bitcoin, then he will not have any necessary work to do with this money. It will not stop any necessary expenses, that is why it is advised to invest by following DCA for a long time with discretionary income, which will allow you to invest for a long time without any mental and financial problems. And if you invest in Bitcoin for a long time, it will definitely give good feedback.

[IceLincoln]

I think it is wrong to say that  long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and  then cash out or start taking profit from there investment.
Long term holders understand the importance of consistency as regards building a better portfolio in bitcoin. Trying to enrich one portfolio quickly is majorly the behaviour or attributes of short term holders or traders

OMG… do you really mean what you’re saying here? Maybe because of the phrase “quickly enrich your portfolio” you’re getting the whole idea wrong. I’m shocked at your understanding of that considering how long you’ve been here. He’s simply saying being aggressive is what long term holders look out for. You wouldn’t say in your journey of accumulation you’ve never wanted to increase your portfolio as quickly as possible, this is what most of us wants but we’re being hindered by our levels of discretionary income, being aggressive is the fastest way to reach our accumulation goals, surely you can’t be encouraging buying whimply.

Being content with your limited resources and continuing to strive means that you are a brave person. Being content with yourself will create a mindset of further improvement in you. You have a source from which the amount of discretionary funds is very small but you have high morale to reach a higher position financially. Brave decisions will definitely make you more satisfied one day. In line with reality, I was very worried about my financial capacity even a few years ago because of the fear of closing the way of stable income due to the effect of inflation in the country. With the change of time there is a great opportunity to reach a financially comfortable position in the future by applying long term Bitcoin strategies and market analysis through the application of Bitcoin technical knowledge. Having a low source of income makes it easier for you to save energy because you want to gain more capacity by accumulating Bitcoin.

Being content is a good attribute to have in life but in an investment journey never settle for less until your investment goals are achieved, you have to keep improving and looking for ways to achieve your goals faster and easier. Being content is an attitude combined with discipline  that will hinder you from overstepping your financial boundaries. You have to be ambitious as an investor, if you have low income and your discretionary is small surely you know your accumulation is very slow and wouldn’t expect huge returns so you have to quickly look for ways to improve your discretionary income in order to increase your accumulation process.

Please I don’t understand the sentence which I bolded, care to explain?

[SOKO-DEKE]

I don't know what's going to happen to the price tomorrow, whether it's going to surge or whether it continues to go on a correction lower BUT, I believe we shouldn't worry about such things. If you're still accumulating Bitcoin, you should be thankful to have been given the opportunity to purchase more units of Bitcoin for the same amount of fiat TODAY than you would have if you bought during August 13!

 

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

It is a bad idea for someone to try timing the market, especially as a new investor in Bitcoin. With this approach, you will hardly build a good portfolio. In fact, if someone is not careful, that is what they may continue doing, and may never actually start investing in Bitcoin.The truth is, every time is a good time to buy  instead of saving, gathering money, and wasting time waiting for a dip that isn’t guaranteed. Why not just go for the DCA method? It is a very good strategy for accumulating Bitcoin without stress, as long as you have discretionary income  because that is what is truly necessary in Bitcoin investment.Waiting for a bear market is just a waste of time and opportunities.

[Miramax12]

I think it is wrong to say that  long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and  then cash out or start taking profit from there investment.
Long term holders understand the importance of consistency as regards building a better portfolio in bitcoin. Trying to enrich one portfolio quickly is majorly the behaviour or attributes of short term holders or traders

OMG… do you really mean what you’re saying here? Maybe because of the phrase “quickly enrich your portfolio” you’re getting the whole idea wrong. I’m shocked at your understanding of that considering how long you’ve been here. He’s simply saying being aggressive is what long term holders look out for. You wouldn’t say in your journey of accumulation you’ve never wanted to increase your portfolio as quickly as possible, this is what most of us wants but we’re being hindered by our levels of discretionary income, being aggressive is the fastest way to reach our accumulation goals, surely you can’t be encouraging buying whimply.

Being content with your limited resources and continuing to strive means that you are a brave person. Being content with yourself will create a mindset of further improvement in you. You have a source from which the amount of discretionary funds is very small but you have high morale to reach a higher position financially. Brave decisions will definitely make you more satisfied one day. In line with reality, I was very worried about my financial capacity even a few years ago because of the fear of closing the way of stable income due to the effect of inflation in the country. With the change of time there is a great opportunity to reach a financially comfortable position in the future by applying long term Bitcoin strategies and market analysis through the application of Bitcoin technical knowledge. Having a low source of income makes it easier for you to save energy because you want to gain more capacity by accumulating Bitcoin.

Being content is a good attribute to have in life but in an investment journey never settle for less until your investment goals are achieved, you have to keep improving and looking for ways to achieve your goals faster and easier. Being content is an attitude combined with discipline  that will hinder you from overstepping your financial boundaries. You have to be ambitious as an investor, if you have low income and your discretionary is small surely you know your accumulation is very slow and wouldn’t expect huge returns so you have to quickly look for ways to improve your discretionary income in order to increase your accumulation process.

Yes i agree with you, long term holders always focus on steady increase and the bigger goal rather than chasing quick money, it is patience and consistency that pays off in the crypto space. The mindset rushing to make quick profit tends to belong more to short term aiming , who often more react to the market. building a solid portfolio take time , discipline and a lot of conviction

[LGD2Business]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

Everyone loves buying cheap coins. If Bitcoin drops a little more, it will reach a good buying point. I still think we haven't seen the peak yet. We will hit a new all-time high in the winter months and then enter a prolonged bear market. It's essential to accumulate as much BTC as possible from the DIP before this new ATH. However, it's also important not to miss the ship. I think the 109k price is suitable for entry. It's necessary to continue buying in stages. As long as we don't see below 100k, the positive sentiment will continue for me.

[Silikiem]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

I think your statements here is  contradictory and somewhat misleading to the newbies who are venturing into bitcoin investment because it’s giving them the mindset to wait until its dip before they can accumulate and invest in bitcoin even when there discretionary income is available to getting started with their accumulation and invest in bitcoin and hodl for the long term goal of consistently and Perherps persistent accumulation and  gradually build up their portfolio. Having known that bitcoin investment is a long term investment and in order to achieve some level of success with your investment you must be consistent with your accumulation and hold for the long term without getting to wait until its dip before you accumulate bitcoin. Most times those who waits to buy the dips are mostly traders who are in for a short quick profit mindset, and they panic to sell too quick whenever they noticed a little downturn or correction in the market, and not really true investors with a long term investment strategy. That time you’re using to wait to buy the dip would have been used to accumulate a reasonable amount of bitcoin stash and hold and gradually build up your portfolio. I think waiting to buy the dip especially to the newbie is a wrong investment mindset which they may wait and the dip may not occur, and they end up not even continuing with their accumulation and totally abandoning their investment ambitions.

[Grace333]

Newbies are ignorant and sometimes barely know the right things to do concerning Bitcoin investment, i said that because it's only ignorance that would make people who call themselves investors use funds outside their discretionary funds to invest on Bitcoin, they might think it's for a good course but on the long run they'll still have to temper with their portfolio since they'll still need to settle daily needs.

Honestly speaking, investing in Bitcoin with Money outside your discretionary income is pure gambling because since it's a money they are going to need anytime soon, they are bound to temper or sell off their holdings prematurely just to address what the money was made for, so ignorance is a terrible thing that makes most newbies investors to struggle with their investment, mostly because they are not even aware that investment in Bitcoin should only be done with your discretionary income not money meant for some other basic needs, that's pure gambling if am asked what is that.

A lot of people come into Bitcoin without separating what is for survival and what is for investment, and that is where the stress begins. If you are putting in rent money or school fees, you are not really investing, you’re just placing yourself in a tight corner that will eventually force you to sell at the wrong time.

The truth is, Bitcoin needs patience, and patience only comes when the money you have invested is not breathing down your neck. That is why discretionary income is key, it gives you the space to let your investment grow without panic. Newbies mostly learn this lesson the hard way, but once you figure it out, you stop treating Bitcoin like a gamble and more like the long term kind of value it actually is..

[Derekfunds]

I think it is wrong to say that  long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and  then cash out or start taking profit from there investment.
Long term holders understand the importance of consistency as regards building a better portfolio in bitcoin. Trying to enrich one portfolio quickly is majorly the behaviour or attributes of short term holders or traders

OMG… do you really mean what you’re saying here? Maybe because of the phrase “quickly enrich your portfolio” you’re getting the whole idea wrong. I’m shocked at your understanding of that considering how long you’ve been here. He’s simply saying being aggressive is what long term holders look out for. You wouldn’t say in your journey of accumulation you’ve never wanted to increase your portfolio as quickly as possible, this is what most of us wants but we’re being hindered by our levels of discretionary income, being aggressive is the fastest way to reach our accumulation goals, surely you can’t be encouraging buying whimply.

Being content with your limited resources and continuing to strive means that you are a brave person. Being content with yourself will create a mindset of further improvement in you. You have a source from which the amount of discretionary funds is very small but you have high morale to reach a higher position financially. Brave decisions will definitely make you more satisfied one day. In line with reality, I was very worried about my financial capacity even a few years ago because of the fear of closing the way of stable income due to the effect of inflation in the country. With the change of time there is a great opportunity to reach a financially comfortable position in the future by applying long term Bitcoin strategies and market analysis through the application of Bitcoin technical knowledge. Having a low source of income makes it easier for you to save energy because you want to gain more capacity by accumulating Bitcoin.

Being content is a good attribute to have in life but in an investment journey never settle for less until your investment goals are achieved, you have to keep improving and looking for ways to achieve your goals faster and easier. Being content is an attitude combined with discipline  that will hinder you from overstepping your financial boundaries. You have to be ambitious as an investor, if you have low income and your discretionary is small surely you know your accumulation is very slow and wouldn’t expect huge returns so you have to quickly look for ways to improve your discretionary income in order to increase your accumulation process.

Yes i agree with you, long term holders always focus on steady increase and the bigger goal rather than chasing quick money, it is patience and consistency that pays off in the crypto space. The mindset rushing to make quick profit tends to belong more to short term aiming , who often more react to the market. building a solid portfolio take time , discipline and a lot of conviction

Please don't use the word Crypto whenever you are describing anything concerning Bitcoin so that you don't mislead newbie because is not Crypto rather it is a digital asset and patient and consistency is needed in Bitcoin investment as an investor but patient and consistency is not needed in Crypto because those coins doesn't have potential as Bitcoin and some of them are scam project.  Rushing to take profit is always as a result of wrong Investment and lack of management skill.

[Finebone]

The truth is, Bitcoin needs patience, and patience only comes when the money you have invested is not breathing down your neck. That is why discretionary income is key, it gives you the space to let your investment grow without panic. Newbies mostly learn this lesson the hard way, but once you figure it out, you stop treating Bitcoin like a gamble and more like the long term kind of value it actually is..

Is patience the right word to use? No, I don't think so.
Having patience is one thing and not doing the right thing is another thing, you might have patience in your investment but if you invest with the money meant for any of your basic needs, you are bound to sell it off prematurely at some point in the future because you are gambling thinking it's investment, that is why investors are adviced to invest only with their discretionary income so that they wouldn't even be looking in such direction because it's the right money used to invest.
So what am trying to say is that investing with the wrong funds has nothing to do with patience, it's pure ignorance or gambling.

[Tmoonz]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

Hey dude this might just be the dip you are waiting for why don't you buy now instead of waiting further, this is one of the mistakes most people make, you can't be sounding like the power is in your hands and don't forget how unpredictable the market can be, it would even be better that you are buying the dip presented to you than waiting for any desired dip which may or may happen, you never can tell the market can take a different direction from here, you love bears but no one can actually tell with certainty when the bear market will start or happens I hope you so.

[Joeboy]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

I think your statements here is  contradictory and somewhat misleading to the newbies who are venturing into bitcoin investment because it’s giving them the mindset to wait until its dip before they can accumulate and invest in bitcoin even when there discretionary income is available to getting started with their accumulation and invest in bitcoin and hodl for the long term goal of consistently and Perherps persistent accumulation and  gradually build up their portfolio. Having known that bitcoin investment is a long term investment and in order to achieve some level of success with your investment you must be consistent with your accumulation and hold for the long term without getting to wait until its dip before you accumulate bitcoin. Most times those who waits to buy the dips are mostly traders who are in for a short quick profit mindset, and they panic to sell too quick whenever they noticed a little downturn or correction in the market, and not really true investors with a long term investment strategy. That time you’re using to wait to buy the dip would have been used to accumulate a reasonable amount of bitcoin stash and hold and gradually build up your portfolio. I think waiting to buy the dip especially to the newbie is a wrong investment mindset which they may wait and the dip may not occur, and they end up not even continuing with their accumulation and totally abandoning their investment ambitions.

Well said........As an investor, waiting for the dip before stacking up your Bitcoin portfolio is simply a very very unwise decision coz dips are not always guaranteed( though they happen) and no one can predict with certainty the exact time they will happen. If you always wait for the market to fall before buying, you may end up missing good chances and watching the price rise even higher. A better approach to Bitcoin is to see it as a long-term journey where steadyy buying, no matter how small, counts more than timing the market. And honestly with time, those ur small and regular buys will later add up and protect you from always chasing and waiting for the  perfect entry point....

[Tonimez]

I don't know what's going to happen to the price tomorrow, whether it's going to surge or whether it continues to go on a correction lower BUT, I believe we shouldn't worry about such things. If you're still accumulating Bitcoin, you should be thankful to have been given the opportunity to purchase more units of Bitcoin for the same amount of fiat TODAY than you would have if you bought during August 13!

 

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

I guess you would wait no more now. Bitcoin is at $110.07k now or do you wait for $100k? It is  better to see every bitcoin price as Dip as this would help every investor to put in more funds into bitcoin instead waiting for dips that may never happen. Even though I don't know how long you have waited for this $110k dip to happen, bitcoin have had quite a very long bullish streak since after the $112k ATH of which anyone who had waited then for the $110k dip might have either lost interest in buying bitcoin or spent his budgeted money on other things that may not have been of greater importance. You're lucky to have your dip happen, but I hope you don't procrastinate or wait for a further Dip as bitcoin price can take a U-turn at any point in time.

So also, those that buy consistently by DCA might also have their DCA fall on this $110k price and guess what, they will also acquire bitcoin at the same price as someone who has waited all this long for this dip to happen. The only difference is that the DCA user might have gone far with his bitcoin accumulation and also such person would not be tempted to still wait to see if bitcoin would go below $110k before buying. They just buy and go, waiting for their next DCA period.

[avp2306]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

Hey dude this might just be the dip you are waiting for why don't you buy now instead of waiting further, this is one of the mistakes most people make, you can't be sounding like the power is in your hands and don't forget how unpredictable the market can be, it would even be better that you are buying the dip presented to you than waiting for any desired dip which may or may happen, you never can tell the market can take a different direction from here, you love bears but no one can actually tell with certainty when the bear market will start or happens I hope you so.

Well I guess the drop affect their decision to buy on the target they have said and most provably they keep waiting for another dump again.

Imagine engaging always on that thoughts for sure nothing will happen to them and they are just wasting their time doing that.

So if they really want to start better do it now since this is good situation to enter now. I believe we are still in bullish situation that's why it seems that chasing those bear to accumulate is bad decision to engage with.

[laijsica]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

Hey dude this might just be the dip you are waiting for why don't you buy now instead of waiting further, this is one of the mistakes most people make, you can't be sounding like the power is in your hands and don't forget how unpredictable the market can be, it would even be better that you are buying the dip presented to you than waiting for any desired dip which may or may happen, you never can tell the market can take a different direction from here, you love bears but no one can actually tell with certainty when the bear market will start or happens I hope you so.

Yes, most investors have a misconception about dips. If you observe the current price, then it shows that its price is decreasing step by step. The unexpected dumping of Bitcoin market is for new investors who are waiting to enter the market. Even they can understand its volatility and upward trend while observing the market and can buy more carefully for the future.
Don't wait for dips, buy Bitcoin regularly. Buy at lump sum from the amount of floating cash you have than expecting the price of Bitcoin to break through this level. If the market is becoming more bearish the trend and ambition for the expected bullish are more then you should buy aggressively during dips.

[JayJuanGee]

[edited out]

it is patience and consistency that pays off in the crypto space.

Hopefully, none of us are so retarded as to be buying shitcoins and to consider shitcoins as an investment.  That would not be smart..

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

Everyone loves buying cheap coins. If Bitcoin drops a little more, it will reach a good buying point. I still think we haven't seen the peak yet. We will hit a new all-time high in the winter months and then enter a prolonged bear market. It's essential to accumulate as much BTC as possible from the DIP before this new ATH. However, it's also important not to miss the ship. I think the 109k price is suitable for entry. It's necessary to continue buying in stages. As long as we don't see below 100k, the positive sentiment will continue for me.

How do you know that there will be a prolonged bear market?  Sure, you are presuming some kind of a blow off top, and surely some kind of a blow off top would cause a prolonged winter to make more sense, but we still hae to see at what level our top reaches.  If we reach only something in the range of $130k to $140k for our top, then do you still think a prolonged winter would be justified in those kinds of circumstances?  I think that you ave a lot of presumptions in yout thinking, even if you might end up being correct with your overall sentiment of BTC price direction.

[New Judgement]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.
[/quote]
So if bitcoin doesn't fall below $110,000 you won't buy more? That's the problem that is associated with people who waits for the dip. I believe few days ago you might have also said the same thing that if bitcoin gets to $110,000 that you will buy but don't be surprised that you might end up buying nothing. Because as the price keeps correcting that's how you will be setting targets which am sure you won't follow. But if you ask me this is enough correction for someone to be buying bitcoin either by front loading your portfolio or with dca. Here people don't wait to buy bitcoin, rather they buy bitcoin and wait.

[Tamaperdana]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all. I understand that long waits can test one's patience, but aside from all the worry and stress, these corrections are very beneficial for Bitcoin's rise.
These corrections remind me that Bitcoin needs to continue to perform better in the future.

Everyone loves buying cheap coins. If Bitcoin drops a little more, it will reach a good buying point. I still think we haven't seen the peak yet. We will hit a new all-time high in the winter months and then enter a prolonged bear market. It's essential to accumulate as much BTC as possible from the DIP before this new ATH. However, it's also important not to miss the ship. I think the 109k price is suitable for entry. It's necessary to continue buying in stages. As long as we don't see below 100k, the positive sentiment will continue for me.

If you're a trader, your assumption might be correct. But for a long-term investor, I don't think it's a valid statement. The current price of Bitcoin is still very low compared to its price in 10 years. So, why wait for a price drop when buying Bitcoin? I think that's a waste of time. But perhaps you're not a long-term investor, which is why you're hoping Bitcoin will drop to $110,000 before you can buy. It doesn't matter whether you're a trader or not, but your assumption might influence beginners who want to invest in Bitcoin. Therefore, I think that assumption needs to be addressed and clarified. Beginners are essentially visiting this thread to learn how to invest in Bitcoin correctly, not to learn how to become traders. So, don't let any Bitcoin beginners get lost and misguided just because they read posts with poor content.

[As-Soon-As]

Yes i agree with you, long term holders always focus on steady increase and the bigger goal rather than chasing quick money, it is patience and consistency that pays off in the crypto space. The mindset rushing to make quick profit tends to belong more to short term aiming , who often more react to the market. building a solid portfolio take time , discipline and a lot of conviction

You should always focus on collecting Bitcoin at the present time, because only if you have Bitcoin, you will get benefits based on it. If you expect a portfolio in your investment without buying Bitcoin only, then you are living in a fool's paradise, you should never expect benefits on Bitcoin holding, collecting Bitcoin in the beginning and holding it for a long time is the best strategy.
However, if you want to maintain Bitcoin investment for a long time, it is definitely best to follow the DCA method, because here you can keep it active by regular purchases and it will be possible to maintain Bitcoin investment for a long time.

[Scarlett_23]

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears
Bears have always been beneficial to me. I'm not in a hurry at all.

I think your statements here is  contradictory and somewhat misleading to the newbies who are venturing into bitcoin investment because it’s giving them the mindset to wait until its dip before they can accumulate and invest in bitcoin even when there discretionary income is available to getting started with their accumulation and invest in bitcoin and hodl for the long term goal of consistently and Perherps persistent accumulation and  gradually build up their portfolio. Having known that bitcoin investment is a long term investment and in order to achieve some level of success with your investment you must be consistent with your accumulation and hold for the long term without getting to wait until its dip before you accumulate bitcoin. Most times those who waits to buy the dips are mostly traders who are in for a short quick profit mindset, and they panic to sell too quick whenever they noticed a little downturn or correction in the market, and not really true investors with a long term investment strategy. That time you’re using to wait to buy the dip would have been used to accumulate a reasonable amount of bitcoin stash and hold and gradually build up your portfolio. I think waiting to buy the dip especially to the newbie is a wrong investment mindset which they may wait and the dip may not occur, and they end up not even continuing with their accumulation and totally abandoning their investment ambitions.

Long-term investors use patience and consistent investment as their tools. And the DCA method helps them in this. By investing in this way, when the price decreases, they get the opportunity to buy more. However, there are some investors who pay attention to the price and often forget about their consistent investment. Again, when the opportunity comes late, they stop investing regularly, which leads them down the wrong way .

They suffer in two ways: first, by stopping investment and second, by waiting for the opportunity. Therefore, new investors must remember that only the numbers are important. It does not matter whether the amount is less or more.

Only if you follow the consistency in accordance with your income will it be worthwhile to buy dips.