Buy the DIP, and HODL!

[Churchillvv]

If an investor is not able to grow his investment then he will not get the desired result by holding Bitcoin. If someone invests $50 and dreams of getting $5,000 in the long run, it would certainly not be logical. So the investor must expect according to his accumulation.

Fact is, alot of investors (beginners and intermediates) do not realize the fact that bitcoin has gone far beyond those dayse where it could turn their $50 investment into $5000 profit. Back in the early days of bitcoin it was almost very easy to turn you little stash into a reasonable amounts of bitcoins and even within a short period or time, this is the same impression which this calibers of investors still hold firm while venturing into bitcoin hence considering it a get-rich-quick-scheme which bitcoin was never but from the early days it rose gradually and made significant difference in life's of investors.

At the current stage and/or level where we are now in bitcoin with all the things that has been happening around bitcoin one must have a good amount and/or stash of bitcoin to get the expect profit and some times in bitcoin numbers doesn't matter without the proper understanding of time. You don't expect a good number of profit in a short period of time, bitcoin is best in a long term investment which I encourage most.

The sooner we are able to get our Bitcoin portfolio to an expected level, the sooner we can move forward with our dream. I'm not saying that bitcoin holdings can't be kept low but those who want to build a wealth by holding bitcoins must accumulate a decent amount of bitcoins. If I want to hold bitcoins for 4 years then I should increase my bitcoin holdings to a point within those 4 years.

You have said right, but the bolded part I certainly do not agree with 4 years being a long period of time to consider long term investment, even in other investments 4 years is really not considered long term. So in bitcoin investment we should be considering a good number of years such as 10 years and/or above as a long term investment. From a proper examination, bitcoin bull run does not eve really happen just around the 4 years cycle, it takes months into the next year which might be another year completely making it more like a 5 years for one to get a good profit from just 4 years bitcoin cycle, So I strongly appreciate a more longer years than 4 years of Hodling.

Maybe after several years of DCA buying a guy might start to move away from DCA or maybe employ DCA strategies that are based on BTC price movements

In regards to changing of DCA strategies base on BTC price movements, can someone attempt to increase his BTC purchase when there is a dip, and maintain the usual purchase when the price is high?. For example, assuming I am using the DCA strategy with a price of $20 per week, then the price of Bitcoin experienced a dip, and I decide to go extreme inorder to buy more of the dip by adding $10 extra. But when the price of Bitcoin moves higher, I continued with my usual amount of $20 per week. Could this be a way of changing the DCA strategy base on BTC price movements?.

You might want to read about this collision theory which is an assumption regarding the collision of different investment strategies. Fact is they are different things altogether, we can call it buying the dips while practicing DCA at the same time that is why I called it the collision theory of the three prominent bitcoin investment methods.  Since they are different things altogether, the fact is you have to understand that there are advantages in knowing the difference in order to potentially take advantage of the differences.

If I want to hold bitcoins for 4 years then I should increase my bitcoin holdings to a point within those 4 years.

That's just it. 4 years of hodling should be a portfolio with good holdings/amount. Planning on doing it for 4years, there should be a decent amount that would bring a decent reward after the 4years. But the longer we can hodl(holding>4) our portfolio and accumulate a decent amount, the better it becomes.

Just as I have said earlier for years target is good but it's only good when one has a good amount of bitcoin in their portfolio which is what you are pointing out, I get it! but I prefer to see a longer years hodling because 4 years is not really than a long term for me if compared to other investments which are more profitable in longer terms, so 10 years and/or above should be a more decent target for long term investment.

[Rustam Meraj]

Bitcoin accumulation is a continuous journey, even when encountering financial challenges we should keep in our mind that holding for long is essential as we don’t want to miss the goal and target set. When it comes to target it’s important as it’s needed to be accomplish no matter the time and delay for example, anyone building a house must definitely finish the project so he can reap the benefit but, what if there’s no money at the moment to complete the project what do you think? Should the person sell or wait. I’m just setting an example why an investor needs to hold and not sell, although  buildings are different from bitcoin investment but I’m relating the thought with the mind of an investor. It’s not an easy journey starting bitcoin journey mostly an advanced investor so it’s not so simple selling as I don’t agree with the thought of selling because there’s no money to invest at the moment.

I totally agree that investing in bitcoin is long term process that needs patience and determination even when faced with financial challenges. Setting goals and targets is good thing and giving up on them due to temporary difficulties would be mistake. It is like building house you would not stop halfway through just because you are running low on funds. Similarly investors should not sell their bitcoin assets just because they do not have enough money to invest at particular time. Holding on to your investment is must as selling might mean missing out on potential future profits. This requires disciplined mindset and faith in investment and I strongly believe that selling should not be an option especially for experienced investors who understand bitcoin potential.

[Lidger]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

[laijsica]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

This would have been possible if most of the investors were engaged in other activities and over engagement. But we like to see Bitcoin value in the midst of a lot of activity. In fact you also cannot skip yourself from looking at the price even once at the end of the day.

He may also monitor the market constantly from the point of view that many investors may buy more bitcoins during dumping even though he has holdings. They are always ready to increase their stash until it reaches a breaking point. There is another class of investors in the market who constantly analyze the market and watch the prices, who prefer to do both buying and selling. But those holders can benefit more because they are always holding bitcoin.

It may be advisable not to monitor the market after investment if he invests a lump sum of bitcoins and has extensive financial solvency and is very busy with his other business ventures. Or he may choose to deposit in DCA method at the end of the month and has multiple sources of income.

Finally, investors should not refrain from monitoring the market. The most important thing is to have multiple sources of income of his own so that he does not get into any financial trouble and is able to increase his holdings over time. Long holding.

[rangga28]

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

If you look at the movement of bitcoin value from year to year then what you say is very true. But in the current price conditions it seems difficult for middle class traders to invest because fluctuations will continue to occur. So everyone must always look for the latest information and always monitor the market at all times and it is not recommended to be hasty.

We should not be trapped by the success of a few people who gain huge profits because not everyone is able to achieve such achievements. The price of bitcoin which continues to exceed sometimes makes us feel full of confidence, but if we don't have calculations it could have a bad impact on our finances. Tactical analysis and information about bitcoin should be basic capital before investing.

[Sim_card]

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

If you look at the movement of bitcoin value from year to year then what you say is very true. But in the current price conditions it seems difficult for middle class traders to invest because fluctuations will continue to occur. So everyone must always look for the latest information and always monitor the market at all times and it is not recommended to be hasty.

We should not be trapped by the success of a few people who gain huge profits because not everyone is able to achieve such achievements. The price of bitcoin which continues to exceed sometimes makes us feel full of confidence, but if we don't have calculations it could have a bad impact on our finances. Tactical analysis and information about bitcoin should be basic capital before investing.

Trading bitcoin and thinking that it is a good way to increase your bitcoin portfolio is wrong. This is why investing for a long time is the best and does not require monitoring the market to know when to buy or not.

Why are you talking about trading, when we are talking about investing and hodli for a long time. If you look at your statement, it shows that traders are not serious people who are planning for a better future with bitcoin. The reason why I said so is that you are gambling with the opportunity of accumulating and building of wealth overtime through bitcoin. Waiting and monitoring the market is stressful and a dumb practice when you can just assign a little amount from your discretionary income to buy bitcoin regularly weekly or monthly with ease for 4-10 years.

Unserious people will use waiting for the dip to give excuses of not buying bitcoin and they will say it is expensive. Now the dip is here you are still saying that a middle class person does not have enough to buy bitcoin, does he want to buy a whole full bitcoin. He can buy in Satoshi and because he is a middle class earner, he has his discretionary income that he can use part of it to buy bitcoin and us the other part to build his emergency funds simultaneously. Investing in bitcoin does not need any technical analysis, because yours is just to keep on buying and stacking up for a long period of time. Get rid of your trading mentality and think of investing and building your bitcoin portfolio overtime.

[Promocodeudo]

I don't know but if you are a new investors, you shouldn't complicated things in your end like selling it early and not holding it for a long time. I think that's what social media bring to his new investors though, as if they are being program that you don't need to be organized. You just buy and when you see profits, then sell it.

On the other hand, there could be new investors that totally shut down themselves from this crypto influencers, and don't complicate things by just buying. And maybe they don't really know what DCA means, but they might have been doing it in practice in the beginning.

In Bitcoin investment, I don't see trading as an option because it's just a way of lying to yourself that you are actually a Bitcoin investor while you are just obviously gambling with your funds via short term investments and it's quite funny that most of these trader consume their profit and use the capital to strive again for more profit. It's true most of these newbies get their information source from influencers who happens to be majorly traders and they get confused and brain watched thinking trading is the way forward but that a big lie. There is a way the mind works when you keep trading your coin, it lets you feel comfortable and makes you anxious of the profits you make and that eventually blind folds you of the benefits of long term holding. There is a wise saying that "sow now and reap the harvest in the future" long term holding is a form of investing for the future while short term trade only let you focus on the present while you miss out what's coming. Those who held to their Bitcoin investment from the first halving are greatfull they did, and this same scenario is going to repeat itself in the near future.

The current price of Bitcoin the time this post was published shows that it has gone down with 2.35% and this is definitely an opportunity to keep hitting the buy and enable more profit even as you keep up your DCA. It's  the combination of DCA and buy the dip, we are approaching the dip and this could be your opportunity to make more profit while DCAing. Since I started holding without temparing with my coins, all I can see is profit and irrespective of the trend my coins are intact. Getting discipline enough without letting your emotions make decisions for you might take a while at first but that's the only way to live a happy bitcoin accumulation life. Thanks to Bitcointalk and Mr JJG for his inspiring posts.


IMG source: https://coinmarketcap.com/currencies/bitcoin/

The thing is that trading is not even an investment or investment strategy so their is know connect or relation between the two, trading is just an uncertain way of people trying to make quick money in Bitcoin which is not guaranteed, actualization of profit in Bitcoin is the goal of long-term vision that why it is a continous journey that doesn't need half way termination, the decision of investing in Bitcoin is personal but I dont think that a trader that often lose of pull out Bitcoin from his holdings should be regarded as a bitcoiner hence he or she has neglected the main reason for Bitcoin investment.
I don't know why people panick when Bitcoin drops is price, although it normal but it is still and opportunity to acquire more of the asset, it is an established fact that Bitcoin is not stable asset so with this knowledge about bitcoin every investor should expect fluctuations at all time, but in all when there is price drop every knowledgeable investor knows that it is avenue to buy, the only set of investors that does not understand this are newbies, lets be futuristic and determined because those are the only encouragement for continuous accumulation.

[Justbillywitt]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

The length at which we hold our investment doesn't necessarily mean that we will see profit. Nothing is guaranteed in the space of bitcoin investment, it has been said many times here that past performance doesn't guarantee Future performance, but it is important for us to invest so that so that we don't miss out of any potential future performance. We invest and hold with the hope that things will turn out positively for us and we will see profit, but it is not a certainty. I want you to understand this, so that when you are talking to people who come to you for counciling about bitcoin investment, don't give them the hope that if they can hold bitcoin for long that they will see profit. Just tell them they should invest and hold, if it turns out positively fine, but if it doesn't turn out positively it's also fine, but the most important thing is for them to invest.

I don't agree with you that the more we talk about our investment the more possibility it is to sell it. Investment is about mindset and once you have made up your mind to invest and hodl, or you have made up your mind not to be a paper hand, no matter how many times you talk about the investment, you won't be tempted to sell it. For instance we are always talking about buy bitcoin and hold in this thread every day, so are you telling me that you are always tempted to sell your bitcoin? 

[Roseline492]

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

in the current price conditions it seems difficult for middle class traders to invest because fluctuations will continue to occur. So everyone must always look for the latest information and always monitor the market at all times and it is not recommended to be hasty.

I don't actually understand the message you are trying to convey, however is very unfortunate that as potential as Bitcoin and the amount of possible return you could get from it in the future after holding but instead you choose trading because of the profit you perceive to get, well I don't really no what you guys understand about Bitcoin investment because if you do you wouldn't have actually consider trading as an option for Bitcoin investment, perhaps this is one of the reasons why people always ask the question why did most people succeed on there Bitcoin investment and others failed to succeed of course this is actually one of the reasons why most people failed to succeed because there interest is on the easy way to make profits, so that explains why people go into Bitcoin investment and got overwhelmed on how they will make a lot if money and at the end they lose everything while others will be very patient enough to accumulate and hold disregarding anything that would hamper there holding process and after years they began to eat there fruit of labour, so my advice for you is that to succeed in Bitcoin investment you have to remove the psychology of trading in you mind because the only way to achieve the success you want is only holding.

We should not be trapped by the success of a few people who gain huge profits because not everyone is able to achieve such achievements.

You are actually the only one who is seeing it that way because in Bitcoin investment there is no limits to what you can achieve if you are dedicated and consistent, however what you failed to understand is that those people who have been successful and achieved a lot are people who work hard by holding for a very long time and of course you could also have similar achievement if you comit yourself to it by holding.

[Amicablecrypto]

You are right! The DCA method requires a lot of patience to operate, which is a method of depositing bitcoins over a long period of time. This method is only applicable to those who have enough floating cash because the DCA method should generally be run continuously so that the unit price will decrease over time through successive purchases and more and more bitcoins will be added to the stash. Regular accumulation can build up your portfolio to be fairly decent enough to reach that size within 2 years. At the next level you can be aggressive in accumulating which is to own more assured holdings within 4 years. You can drive for longer periods if you wish which is 10 years or more and guaranteed high future profits.

Yes no doubt about these, it's a fact that is why is very good for long term holding DCA is not for people in haste even  when it can accommodate  all kind of investor, people without I strongly doubt any body who is having patient problem to do well in this even in other strategy Bitcoin investment generally need patient, if one have the mindset of holding for long time patient must be involved.
Buying  gradually before one kick start to be aggressive helps in the DCA it make you more relaxed but achieving the accumulating unexpected Bitcoin without stressed all one one need continuous accumulating and patient.

You seem to be mistaking the DCA method of buying bitcoin for a way of holding bitcoin.  The DCA is just a way of buying bitcoin in a regular fashion such that the amount invested is what the investor can inject into bitcoin consistently without feeling any financial pressures. Although the DCA method remove the pressure to sell your bitcoin, it is not all that is needed to hold bitcoin as holding is entirely a different thing of its own.

To hold bitcoin, the intention must be clear and the plan made before the investment is made. Some of those plans are setting aside funds for basic needs as well as that for emergency funds to take care of other needs that may arise that are not planned for. One can also setup reserve funds depending on his financial capacity just so that there is no pressure whatsoever that will make the investor sell the bitcoin being held.

I am not sure what purpose comes from arguing how DCA and HODL are different, and surely they are different things, yet they might be employed in complementary ways, but still depending on where a person is in his bitcoin accumulation journey, and also what might be happening with BTC prices.  Surely if someone already has a practice of buying regularly with DCA, then he might not care about price, and just be DCA buying within the constraints of his discretionary income, and maybe sometimes having fluctuation in his discretionary income that could end up affecting the amounts and/or the frequency of his BTC buys.

Maybe after several years of DCA buying a guy might start to move away from DCA or maybe employ DCA strategies that are based on BTC price movements, and surely it may or may not be a good idea to start to change DCA methods, yet at the same time, these are discretionary matters that involves a guy's own assessment of his aims and goals in terms of his BTC stash size and other kinds of factors that might persuade a guy that he might need to transition into other kinds of accumulation or maintenance strategies or maybe even transitioning into sustainable withdrawal strategies that could employ various mixtures of practices.. including both selling and buying.... but then sure in this thread, we are not necessarily assuming that a guy has gotten to the selling stage yet, so HODL seemed to have been an idea (practice) that might be employed once a guy might be buying on the dip, but he price keeps dipping, so maybe at some point when the guy runs out of money, the next logical thing would be to HODL rather than to sell.

Since I started my Bitcoin accumulation journey I decided to use the DCA strategy and that has been what I have been using I don't think I will change to another strategy of accumulation, when there's a dip all I will do is to use my reserve funds to buy as much as I can and still continue with my DCA strategy I don't care about the price of Bitcoin and it won't destruct my accumulation a lot of newbies like me always watch the price of Bitcoin and the price determines how many percent they will invest, some will even stop there accumulation when there's a dip, and some are patiently waiting for a dip to happen before they can start accumulating, all this strategy will destruct your accumulation and at the end of the day you find your self not accumulating anything.

You said after several years of DCA buying a guy might start to move away from DCA or maybe employ DCA strategies that are based on BTC price movements, this is very true a friend of mine started accumulating Bitcoin a long time ago but now he has reduced his accumulation rate and he has started venturing into other investment, this may be good but for me I will continue the rate of my accumulation, Bitcoin is a very nice investment and reducing the rate or stop accumulating is not a good idea a lot of people thinks is better to venture into other investment and that is why they reduced there rate or stopped accumulating Bitcoin and later regret there action I heard a story were a man in my town stopped his Bitcoin accumulation journey because he feels he has accumulated enough he was only holding and he ventured into other investment and it didn't work out well for him and he even ended up selling some of his Bitcoin in other to solve some problems he encountered along the line of his other investment and he regretted deeply why he stopped his Bitcoin accumulation.
For me I don't have a particular amount of Bitcoin I'm targeting to accumulate I will accumulate as much as I can and keep hodling, reasoning being that i see Bitcoin as my life time investment our mindset determines how action.

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

Holding of our Bitcoin is a testament of Discipline and Patience, one thing that is certain in a financial market is that the investors trait reflects in the market meaning we take decisions and actions which reflects us directly in a financial market. With a long term view we expect our hodlings to appreciate and not necessarily short term spikes.
Same time we must understand that while we hold as you say, it is very important to accumulate more Bitcoin thus increasing the stash of Bitcoin in our portfolio which in turns gives much or lesser profit. With a suitable and convenient strategy and plan which would not be exhausting.
In essence I can't just advise someone to hodl onto a purchase (Bitcoin), when such investor can accumulate more.

If you are saying you can't advise someone to hodl onto their purchase Bitcoin it simple means you are telling or advising them to sell out their Bitcoin hodling for this can be a misleading information to new investors or those that don't understand the importance of hodling their Bitcoin.

I think you are not getting the point @Bravut was trying to make on that aspect because if I understand him correctly he is trying to state the fact that is not advisable to ask an investor to only hold the little he had accumulated but that instead they should always continue on their investment, which is actually true because so many people especially the newbies on Bitcoin investment believes that even as little amount of Bitcoin they have on their portfolio is enough to fetch them a good profit in the future, which we no that is not actually possible because lets take for instance someone invested only $50 on Bitcoin and decided not to invest again hoping that in the future the $50 will worth huge profit, which is not possible because the profit will not be much compare to investors who are consistent.

Surely guys have to do what they can, and yeah, many of us likely realize that it is better to start out with some kind of a bitcoin investment plan that involved consistent and persistent BTC accumulation for several years before we start to relax in terms fo the quantity of BTC that we have, and surely guys might come to differing conclusions in regards to how much is enough including that a guy might change his mind about his allocation level, so maybe he considers that he should have 5% of his investment portfolio in bitcoin, but then later he comes to some other conclusion that might shrink the level so then he might start to invest into other things in order to bring his BTC investment level down, even though maybe he never sells any BTC, the size of BTC allocation starts to become a smaller portion of his overall investment portfolio.. yet we likely realize that if the guy continues to hold bitcoin and does not sell bitcoin, then it is likely that his bitcoin will outperform his other investments and may well start to cause him to conclude that it might be better to retain higher allocations of his investment portfolio to bitcoin.

Your continuation of Bitcoin investment or your level of accumulation after some years of accumulation is determined by how you see Bitcoin investment some people don't see Bitcoin investment as a life time investment they feel Bitcoin will crash one day why some see it as a life time investment, those that don't see it as a lifetime investment are those that reduce there rate of investment after some years of accumulation or even stop accumulating why those that sees it as a long time investment keeps accumulating and some even become more aggressive after making there emergency, reserves and float funds very strong.
Like the story I said above were a man stopped his Bitcoin accumulation because he feels he has accumulated enough and then ventured into other investment and it didn't go down well with him he even had to sell some of his Bitcoin to settle some issues he encountered along the road of his other investment.
You are very correct when you said some will likely realize that if the guy continues to hold bitcoin and does not sell bitcoin, then it is likely that his bitcoin will outperform his other investments and may well start to cause him to conclude that it might be better to retain higher allocations of his investment portfolio to bitcoin.
So it is always advised to keep your level of accumulation or even become more aggressive in your Bitcoin accumulation journey.

[Gallar]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

Yes, the wisest step in using bitcoin is to HODL for a long period of time. Because that way the money invested will increase or produce more profits. However, it is true, investing in Bitcoin for a long period of time does require several factors that can make the investment run smoothly. One factor, as @Lidger say, is not monitoring the market very often. There is some truth to this factor, because the more often we monitor the market, the more our psychology will be eroded and will give rise to feelings of anxiety that make us doubt market price movements and tend to be afraid of losses (because Bitcoin prices are falling).

However, this factor is actually only dangerous for beginners (who haven't learned much about Bitcoin prices and their cycles). Because bitcoin investors who already understand the entire bitcoin price cycle will certainly not feel panic or fear if they frequently monitor the market. Because they already know that the price of bitcoin will definitely continue to rise as time goes by. For this reason, knowledge must be prioritized when investing in Bitcoin, so as not to be fooled by falling prices.

Then the next factor that is very important for us to apply when investing in Bitcoin in the long term is capital or cold money. Believe it or not, this factor is the most crucial factor that can derail a long-term investment in bitcoin. Because if we don't invest using cold money, and only use hot money, then it is certain that the money will most likely be used. So even though the money has been purchased into bitcoin, when an urgent situation comes, and there is no more money other than the money invested in bitcoin, it is certain that the bitcoin will be resold to cover the urgent need. That's why I say that this factor is the most crucial factor that can thwart long-term bitcoin investment.
So in essence, when investing in bitcoin, you have to use really cold money, because it will certainly feel smoother in HODLing the bitcoin.

I think these factors are the most dominant or the most important ones that must be paid attention to first when investing long term in Bitcoin.

[Bravut]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

Holding of our Bitcoin is a testament of Discipline and Patience, one thing that is certain in a financial market is that the investors trait reflects in the market meaning we take decisions and actions which reflects us directly in a financial market. With a long term view we expect our hodlings to appreciate and not necessarily short term spikes.
Same time we must understand that while we hold as you say, it is very important to accumulate more Bitcoin thus increasing the stash of Bitcoin in our portfolio which in turns gives much or lesser profit. With a suitable and convenient strategy and plan which would not be exhausting.
In essence I can't just advise someone to hodl onto a purchase (Bitcoin), when such investor can accumulate more.

If you are saying you can't advise someone to hodl onto their purchase Bitcoin it simple means you are telling or advising them to sell out their Bitcoin hodling for this can be a misleading information to new investors or those that don't understand the importance of hodling their Bitcoin. You can still hodl onto your Bitcoin if properly you don't have money to accumulate more Bitcoin at the present time that doesn't mean one should sell out his or her Bitcoin hodling that's why it is always good to have your discretionary income readily available so you won't sell out your Bitcoin hodling when there is no money to accumulate Bitcoin at that the present time you can still hodl your Bitcoin for a longer period of time probably 4 years and above.

Well said, if you understood what I was pointing out, I was talking about the necessity of accumulating more and not just hodling for a longer period especially when one has the capacity to do so, there is always a room to accumulate more, I never talked about selling off neither my point relate to it in any form, Thanks for your view and more information on it but investor should always understand the need for not stopping or lagging behind while accumulating Bitcoin, because for a bigger or lesser return is relative to stash of Bitcoin already in hodlings.

[Tmoonz]

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

Every investor must build his or her emotions strong enough to understand the dynamics of the market, understand your risk tolerance level, even though Bitcoin investment is not even as risky as most people claims, invest with an amount that will not be seen as a burden, alot of people have ever regretted not investing in Bitcoin at it's earliest days seeing that Bitcoin has made a tremendous increase in value and wider spread adoption while others took advantage of it and enjoyed it benefits. However, some people are yet to see the true potential that Bitcoin holds and hence procrastinates investing in Bitcoin but yeah Bitcoin investment is not for everybody and can never be where some people will continuously be in doubt and others will keep taking advantage of it, that is the real life taken advantage of others ignorant. I will say that there is no such word or term like monitoring the market in Bitcoin long term investment dictionary rather the best word to use should be checking the market condition to keep you informed which I don't see anything wrong with it thou too much of it can become problematic, those that prioritized monitoring the market condition are the traders with the aims of maximizing profits within the shortest time frame and they are the ones that panic when the market is dumping while  the long term investors takes advantage of it by buying more Bitcoin at a price low than it's previous highs.

[Belarge]

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

Bitcoin is a top project in the market, every possible newbie knows about Bitcoin and they've also made several attempts to generates profits, some become profitable while some don't. The market comes with different measures, we should be prepared at all time and make sure we're having a smooth run in the space, however the market will go against our decisions and plans most time, it doesn't call for frighten mindset. We have nothing to worry about because making mistakes is inevitable and having a clueless strategy will not also help.

Success in the market is top priority and we have to keep pushing. Investors can either make enormous profits or huge losses in the space, we should keep grinding and having promising positive mindset towards our goals. Secondly Our investment can either be jeopardized if placed on inappropriate projects, that's the particular spot our losses start paving in. We have everything within our reach but everything will become suitable.

[Mayor of ogba]

If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time

If you look at the movement of bitcoin value from year to year then what you say is very true. But in the current price conditions it seems difficult for middle class traders to invest because fluctuations will continue to occur. So everyone must always look for the latest information and always monitor the market at all times and it is not recommended to be hasty.

We should not be trapped by the success of a few people who gain huge profits because not everyone is able to achieve such achievements. The price of bitcoin which continues to exceed sometimes makes us feel full of confidence, but if we don't have calculations it could have a bad impact on our finances. Tactical analysis and information about bitcoin should be basic capital before investing.

Your post is for people who are in bitcoin for short-term profit, and I think it isn't right to use such words on this thread before you mislead or stop some newbies from starting their bitcoin. Investing in bitcoin for the long term will prevent you from facing these challenges because you will not need to analyze the price of bitcoin before you can accumulate it, and you don't need to know if there is any news that will influence the price of bitcoin after you have bought bitcoin. If you see bitcoin as a long-term investment, invest what you can do without for the long term, and make available emergency funds, reserve funds, and floats, you will achieve success from your bitcoin investment because you have funds that will help solve your unforeseen problems, and you will not depend on your bitcoin investment to survive.

[bestcoins1]

Well said, if you understood what I was pointing out, I was talking about the necessity of accumulating more and not just hodling for a longer period especially when one has the capacity to do so, there is always a room to accumulate more, I never talked about selling off neither my point relate to it in any form, Thanks for your view and more information on it but investor should always understand the need for not stopping or lagging behind while accumulating Bitcoin, because for a bigger or lesser return is relative to stash of Bitcoin already in hodlings.

Collecting more Bitcoin has always been the core point of every work we have done so far because when it comes to selling it, everyone only needs to think about it once, namely when the price is expensive and not selling at a low price or lower than the purchase price. So it won't be too complicated to think about so each of us just needs to try harder in more complicated sectors because sectors like collecting more Bitcoins require focus and a high level of consistency because when everyone starts to collect Bitcoins of course they always need the capital.

[moneystery]

the opportunity to secure profit on bitcoin investment is higher if someone invests in a longer period of time, because bitcoin has a cycle and looking at its history that in every cycle bitcoin always prints a new ath, and if investors rely on this alone they can get profit if they can be patient and consistent to invest in bitcoin. although being a long-term investor is quite challenging, especially when bitcoin is experiencing a bearish market, but if someone trains their self-control and has the tenacity to be able to get profit in the future, they should not be affected by uncertain market conditions.

Any one ever considering having Bitcoin in his or her portfolio requires looking beyond today's healings, Bitcoin investment is a future investment such that one don't need to be much worried about the present condition, if it is about volatility, that is simply an inherent trait of Bitcoin that makes it more interesting, a long term Bitcoin investment shouldn't be that challenging during the bearish market just as you said since you will be investing from your disposable income after taken care of whatever might have been considered to be a basic needs with a provisional emergency funds inclusive. However, those that get much of the worries or challenges during the bearish market are those that bought for short term profit maximization while an idea long term investors takes advantage of the bearish market by accumulating more Bitcoin at a more cheaper price.

that is right, investors who understand how to properly invest in bitcoin make decisions based on the potential price of bitcoin in the future. they do not really mind the bearish market, because the people who mind it are only those who trade bitcoin in the short term. while people who focus on long-term investment prefer to accumulate more bitcoins when the market is bearish by using their spare money because they understand that the price of bitcoin will increase and they are not too bothered about how they should sell their assets since they prefer to prepare for the next price increase by accumulating more bitcoins in their wallet.

[Wind_FURY]

The only people who's probably very happy with the current Bitcoin price movement are the DCA buyers and Buy the DIP bidders, because they are currently getting more units in Bitcoin for the same amount of fiat that they will be using/have available.

 ¯\_(ツ)_/¯

If in doubt, then always zoom out. Sit on your hands/don't panic.

[Greyhats]

The only people who's probably very happy with the current Bitcoin price movement are the DCA buyers and Buy the DIP bidders, because they are currently getting more units in Bitcoin for the same amount of fiat that they will be using/have available.

 ¯\_(ツ)_/¯

If in doubt, then always zoom out. Sit on your hands/don't panic.

still struggling with topic name change, still feels wrong

[GigaBit]

the opportunity to secure profit on bitcoin investment is higher if someone invests in a longer period of time, because bitcoin has a cycle and looking at its history that in every cycle bitcoin always prints a new ath, and if investors rely on this alone they can get profit if they can be patient and consistent to invest in bitcoin. although being a long-term investor is quite challenging, especially when bitcoin is experiencing a bearish market, but if someone trains their self-control and has the tenacity to be able to get profit in the future, they should not be affected by uncertain market conditions.

Any one ever considering having Bitcoin in his or her portfolio requires looking beyond today's healings, Bitcoin investment is a future investment such that one don't need to be much worried about the present condition, if it is about volatility, that is simply an inherent trait of Bitcoin that makes it more interesting, a long term Bitcoin investment shouldn't be that challenging during the bearish market just as you said since you will be investing from your disposable income after taken care of whatever might have been considered to be a basic needs with a provisional emergency funds inclusive. However, those that get much of the worries or challenges during the bearish market are those that bought for short term profit maximization while an idea long term investors takes advantage of the bearish market by accumulating more Bitcoin at a more cheaper price.

that is right, investors who understand how to properly invest in bitcoin make decisions based on the potential price of bitcoin in the future. they do not really mind the bearish market, because the people who mind it are only those who trade bitcoin in the short term. while people who focus on long-term investment prefer to accumulate more bitcoins when the market is bearish by using their spare money because they understand that the price of bitcoin will increase and they are not too bothered about how they should sell their assets since they prefer to prepare for the next price increase by accumulating more bitcoins in their wallet.

If an investor is able to have a good knowledge of Bitcoin then he will never trade Bitcoin for short term. Because they know that Bitcoin will go through bearish and bullish cycles. If Bitcoin loses a lot of its value for some reason, they will still hold their emotions. Because they know that after a period of time bitcoin will be able to regain its position. Those investors in Bitcoin investment lose their wealth who fail to hold their emotions who get busy selling Bitcoin on a slight decline. While Bitcoin's temporary decline may seem like a disappointment to some and some others are holding at that moment.