Bitcoin Forum
June 22, 2024, 02:18:16 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 466 »
  Print  
Author Topic: Buy Bitcoin, and HODL!  (Read 88123 times)
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 19, 2021, 09:02:28 AM
 #921

I think that now is not the best time to buy bitcoin, even for the purpose of accumulation... It is better to forget about cryptocurrency for a while and come back in a month or two... Well, if you want to buy, you can place orders about 30-32K...

Are you very sure the cycle will reach $ 32k or more precisely this cycle has stopped at a lower level.

 maybe the cycle will start spinning back upwards of $ 45k.

I prefer to think it's time to buy a lot of sauce and then hold it for a period of time.
don't be too pessimistic. bitcoin price may drop below $ 40k, but I'm pretty sure there will be a rise after this. well, maybe a lot of factors are supporting the decline in bitcoin price like Elon Musk, or China, but I'm pretty sure the price won't drop more than $ 35k this year. Well, right now I still hope the price goes back up to $ 45k, before going up to $ 55k again.

I guarantee that the BTC price has to go to $45k before it goes to $55k   Wink Wink

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 19, 2021, 09:05:33 AM
 #922

I think that now is not the best time to buy bitcoin, even for the purpose of accumulation... It is better to forget about cryptocurrency for a while and come back in a month or two... Well, if you want to buy, you can place orders about 30-32K...

Are you very sure the cycle will reach $ 32k or more precisely this cycle has stopped at a lower level.

 maybe the cycle will start spinning back upwards of $ 45k.

I prefer to think it's time to buy a lot of sauce and then hold it for a period of time.
don't be too pessimistic. bitcoin price may drop below $ 40k, but I'm pretty sure there will be a rise after this. well, maybe a lot of factors are supporting the decline in bitcoin price like Elon Musk, or China, but I'm pretty sure the price won't drop more than $ 35k this year. Well, right now I still hope the price goes back up to $ 45k, before going up to $ 55k again.

I also have no doubt that there will be a bounce of the price to around 50K, but I also have no doubt that this year we can buy bitcoin around 32K, maybe even in the near future... The S&P has just started to correct, which means we have a downward trend ahead... I see this scenario...

As long as you are prepared psychologically and financially for either up or down, then I suppose that it does not matter which way it goes.

Just don't prepare only for one BTC price direction that might not happen.. which is likely the punchline.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 19, 2021, 01:45:00 PM
Last edit: May 19, 2021, 01:59:28 PM by JayJuanGee
 #923

Lol! Grin Grin Grin My prediction came true in just a few hours... Cheesy Now you can start buying...

Funny how sorcerer wannabe's try to find ways to be correct no matter what?

Don't you recall instructing to go away for a month or two?

You are saying that it is all about reaching the number?

In other words, u doesn't know shit...

Except that there was a lot of momentum.

Another thing is that when there is a BIG ASS wick.. like the one that we see from the last hour or so, and then a pretty BIG ASS bounce back, which seems that could be happening currently, then there could be a sign that the bottom is in.. but surely not guaranteed, and I am personally not going to rest very comfortably about the bottom being in until we are a considerable distance from it in terms of both quantity and time.. perhaps getting back above $50k.. but depending on how it may play out in the coming week or so.

But I don't think we'll see the past peak anytime soon! The market has corrected... I hope that the fall will be over soon!

Size of the bounce back (short term wick) looking pretty BIG right now (from a low of $30,066 about 40 minutes ago to a bounce back up to about $37,581 about 10 minutes ago).. but I surely do not claim to know much beyond wanting to criticize others for making pretty strong claims of certainty in regards to the future... which frequently is problematic... so I have no clues if this wick is going to resolve the matter or we may have another leg down.. depending on the way recovery plays out.. and very difficult to speculate with any kind of confidence (not that I ever do) while the dumpening and attempt at recovery battle is in progress (edited this paragraph to add current bouncing around numbers).. price currently bouncing between $35,800-ish and $36,500-ish in the last 5 minutes or so as I type.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
KryptoKings
Hero Member
*****
Offline Offline

Activity: 854
Merit: 506



View Profile
May 19, 2021, 07:46:22 PM
 #924

Rekt. Bought so many tokens and coins during that bullish cycle. Now I will have to hold them for much longer time.
Let's hope this bear cycle gets over soon. We have seen some bad news and market crashed. Where is it going to stop nobody knows Sad
Smitty Werben Man Jensen
Full Member
***
Offline Offline

Activity: 1568
Merit: 100


COMBONetwork


View Profile
May 19, 2021, 09:21:24 PM
 #925

Rekt. Bought so many tokens and coins during that bullish cycle. Now I will have to hold them for much longer time.
Let's hope this bear cycle gets over soon. We have seen some bad news and market crashed. Where is it going to stop nobody knows Sad

Patient friends, the price will definitely increase again, there is no price that always goes down,
correction is very reasonable in the bullmarket, of course, with certain conditions, if from the existing index,
this year is the year for altcoins, if you hold altcoins then just hold, don't sell it cheaply

lienfaye
Hero Member
*****
Offline Offline

Activity: 2968
Merit: 629



View Profile
May 19, 2021, 09:32:51 PM
 #926

Rekt. Bought so many tokens and coins during that bullish cycle. Now I will have to hold them for much longer time.
Let's hope this bear cycle gets over soon. We have seen some bad news and market crashed. Where is it going to stop nobody knows Sad
Keep holding thats best thing to do at the moment. Most of my assets are also in bloody red but it doesnt affect me too much, its a normal cycle and just temporary so why worry?  We really need a lot of patience to keep hodling so I suggest to forget for a while the market and focus on other things.

For investors missed the bullish market, this is the right time to fill your bags, buy the dip. We are still in second quarter and there's more to look forward so stay positive and ignore the negative news surrounding crypto.

██████
██
██
██
██
██
██
██
██
██
██
██████
██████            ██████
 █████            █████
  █████          █████
   █████        █████
 ████████      ████████
  ████████    ████████
      █████  █████ 
    ████████████████
    ████████████████
        ████████   
         ██████     
          ████     
           ██         
AVE.COM | BRANDNEW CRYPTO
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀.. CASINO & BETTING PLATFORM
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
🏆🎁
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████   ████████████████   ██████
.
..PLAY NOW..
.
██████   ███████████████████   █████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██████
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 19, 2021, 10:18:56 PM
 #927

Rekt. Bought so many tokens and coins during that bullish cycle. Now I will have to hold them for much longer time.
Let's hope this bear cycle gets over soon. We have seen some bad news and market crashed. Where is it going to stop nobody knows Sad

Patient friends, the price will definitely increase again, there is no price that always goes down,
correction is very reasonable in the bullmarket, of course, with certain conditions, if from the existing index,
this year is the year for altcoins, if you hold altcoins then just hold, don't sell it cheaply

This thread is about bitcoin, so your suggestions about what to do with shitcoins is off topic.

I personally believe that HODL does not apply to that crap, but that is a discussion for some other thread, for sure.

Rekt. Bought so many tokens and coins during that bullish cycle. Now I will have to hold them for much longer time.
Let's hope this bear cycle gets over soon. We have seen some bad news and market crashed. Where is it going to stop nobody knows Sad
Keep holding thats best thing to do at the moment. Most of my assets are also in bloody red but it doesnt affect me too much, its a normal cycle and just temporary so why worry?  We really need a lot of patience to keep hodling so I suggest to forget for a while the market and focus on other things.

For investors missed the bullish market, this is the right time to fill your bags, buy the dip. We are still in second quarter and there's more to look forward so stay positive and ignore the negative news surrounding crypto.

This thread is not about "crypto" but as far as bitcoin is concern, the suggestion of OP is to buy ever dip and HODL.. and sure some of us, including myself, also suggest continuing DCA.. but that all applies to bitcoin.. regarding shitcoins, you must be more strategic regarding your ins and outs.. and that remains a whole other discussion that is beyond the topic of this thread since the principles are likely different, even though many people get mislead into believing that they can apply the same principles to shitcoins as they do to bitcoin, which seems a really BIG error in thinking from my perspective.

Regarding bitcoin, seems that there have been good opportunities to buy in the past week or longer.. and I am not even going to rest assured that the bottom is in until we get back above $50k.. so there could be some uncertainties in that regarding if it is going to take a few weeks or perhaps 3-6 months.. I doubt that it will take longer than that, but surely there are not any guarantees even when sticking with attempts at analysis of the king daddy.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2954
Merit: 1842



View Profile
May 20, 2021, 09:32:20 AM
 #928

One of my closest friends called me to ask if the crash was the end of the current bull cycle. I told him, “It’s very painful, but I don’t know”, BUT I also told him that if it’s truly the end, then he should work hard and save for the next 4 years to get in the next golden opportunity.

So in regards to this friend.... does he own any bitcoin?


No, and no experience in trading.

Quote

I would say buy the dip or continue with your dollar cost averaging, and if you have not gotten into bitcoin yet, get the fuck in.


I told him to work hard and save for the next 3 years, and if Bitcoin continues to follow the past bull-bear cycles, then start buying the dip + DCA probably starting 2023. It’s the safest advice I can give him.


Quote

Of course, overall you are correct, and we do not know if the top is in with the $64,895 that was reached on April 13..   To me, it seems very doubtful that that is the end of the BTC run for this cycle, but it surely remains possible that we could have a bit of a pause here that lasts a few months or maybe even 9 months or so.. and then resumption of the UPpity.. and of course none of that is guaranteed including that we might not get past $64,895 for another 3-5 years (and that seems doubtful scenario to me in terms of the end of UPpity until then.. but any of us HODLers and accumulators of bitcoin need to be mentally and financially prepared for a variety of scenarios, including the less likely scenarios.

So in the end?  what should your friend do?  Partly depends on his own situation and if he has already reached his BTC accumulation target.. then he could either be in a maintenance stage or a liquidation stage.. but if his timeline is longer than 4 years, then he should not necessarily be in a liquidation stage.. but hey depends in part on particulars, too.

I know Wind_FURY (I am razzing you a bit), that you are reluctant to proclaim that peeps should be engaging in DCA buying on a regular basis, yet I continue to believe that DCA remains a great frame work.. and sure they have to keep in mind that there might be considerable more additional dip (even though it seems that we are currently in a bull market), and if we end up converting into a bear market our dip could get into the sub $20k territory.. perhaps?  perhaps?  

Anyone who ONLY thinks about DOWN scenarios in times like these is likely going to miss opportunities for accumulating BTC and sufficiently and adequately preparing for UP.. at least in my humble bumble opinion.


You might be right there, and I’m afraid that I might look stupid again because I discouraged them to buy now, told them to wait for the next bear cycle, but what if the bottom of the next cycle is $60,000 - $70,000. Hahaha.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 20, 2021, 03:36:45 PM
 #929

One of my closest friends called me to ask if the crash was the end of the current bull cycle. I told him, “It’s very painful, but I don’t know”, BUT I also told him that if it’s truly the end, then he should work hard and save for the next 4 years to get in the next golden opportunity.

So in regards to this friend.... does he own any bitcoin?

No, and no experience in trading.

I would say buy the dip or continue with your dollar cost averaging, and if you have not gotten into bitcoin yet, get the fuck in.

I told him to work hard and save for the next 3 years, and if Bitcoin continues to follow the past bull-bear cycles, then start buying the dip + DCA probably starting 2023. It’s the safest advice I can give him.

Of course, we can have differing view on these kinds of matters, and I believe that it might even be a stretch that you are even following the same advice of the OP that you wrote in this thread or some of the underlying ideas of the title of the thread.  Of course, each of us is entitled to change our mind, and frequently, it is a good thing to attempt to learn with the passage of time from facts and logic and so changing our minds is likely expected, yet having communicated with you somewhat on this topic previously causes me to speculate that not even you consider yourself to be changing your mind with any kind of material and significant substance because you some how seem to believe that calculating the BTC price to be toppy or whatever other nonsense you seem to be suggesting causes you to be giving pretty damned crappy advice to your friend.

Hopefully your friend is either not listening to you or maybe you could at least put some kind of disclaimer in there about your not really knowing too much including that you are both scared by your own shadow and the implications of your earlier advice to the thread to buy on the dip... blah blah blah.

Not only are you fucking up in terms of considering this particular price run to be frothy, you seem to be failing/refusing to recognize as price drop of somewhere in the ballpark of 53% (from $64,895 to $30,066) as a pretty damned decent buying opportunity in the whole scheme of things - especially for anyone who might be considering buying on dips to be part of their approach to bitcoin accumulation strategies. 

Of course, overall you are correct, and we do not know if the top is in with the $64,895 that was reached on April 13..   To me, it seems very doubtful that that is the end of the BTC run for this cycle, but it surely remains possible that we could have a bit of a pause here that lasts a few months or maybe even 9 months or so.. and then resumption of the UPpity.. and of course none of that is guaranteed including that we might not get past $64,895 for another 3-5 years (and that seems doubtful scenario to me in terms of the end of UPpity until then.. but any of us HODLers and accumulators of bitcoin need to be mentally and financially prepared for a variety of scenarios, including the less likely scenarios.

So in the end?  what should your friend do?  Partly depends on his own situation and if he has already reached his BTC accumulation target.. then he could either be in a maintenance stage or a liquidation stage.. but if his timeline is longer than 4 years, then he should not necessarily be in a liquidation stage.. but hey depends in part on particulars, too.

I know Wind_FURY (I am razzing you a bit), that you are reluctant to proclaim that peeps should be engaging in DCA buying on a regular basis, yet I continue to believe that DCA remains a great frame work.. and sure they have to keep in mind that there might be considerable more additional dip (even though it seems that we are currently in a bull market), and if we end up converting into a bear market our dip could get into the sub $20k territory.. perhaps?  perhaps?  

Anyone who ONLY thinks about DOWN scenarios in times like these is likely going to miss opportunities for accumulating BTC and sufficiently and adequately preparing for UP.. at least in my humble bumble opinion.

You might be right there, and I’m afraid that I might look stupid again because I discouraged them to buy now, told them to wait for the next bear cycle, but what if the bottom of the next cycle is $60,000 - $70,000. Hahaha.

I believe that any of us look stupid when we try to lock too much into trying to predict the BTC price with any kind of specificity and putting too much of our eggs in such basket.. and maybe I am even contradicting my own thinking and practices here because through the years, I have been preparing for UP, not tending to sell too much in order to mostly be prepared for UP and to buy on dips.. but there are expectations that in the long term the price is going to go up.. and within that even if any of us might not get tied too much into short term price predictions, we might have some practices that attempt to take advantage of short term volatility.

Furthermore, I perceive that one of the problems of your own shorter-term attempts to figure out waves, is that you are hedging for a possibility that the end of this wave could possibly be over earlier than expected but at the same time suggesting that the BTC price could go up so high that the bottom is relatively higher than our current top...

Fuck that shit, Wind_FURY.  What you are recommending to nocoiners makes little sense if you really dig into it.. and is almost to a degree of incoherence.

A way better suggestion is to say something like:  "I am so fucking scared because the BTC price could go up or it could go down from here, and even though I would usually recommend putting 1% to 10% of your investment portfolio into bitcoin, since I  am so goddamned confused about the matter, and there still is a possibility that your investment into BTC could perform quite well, I am recommending only putting 1% into bitcoin and that will end up being practical in terms of balancing upside and downside risks."

I still am having problems with that, but it is better than saying keep your value in dollars in the next several years.. but whatever, I already largely said what I believe in my earlier posts  and as each of us develops and hopefully implements our various prongs of our strategies, we end up being in a better place to make further tailoring and tweaks with the passage of time including deciding if we might put more value in one place or another or to just HODL because we are comfortable with our allocations and recommending anyone who is already on zero to stay on zero is fucking irresponsible.  Fuck that. 

Every single person should get the fuck off zero when it comes to bitcoin, and it is up to them how much of an allocation to make.. probably the main exception is getting their financial shit in order so that they might be able to determine if they can only put $1 per week into bitcoin or if they can put $1,000 or more per week into bitcoin.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2954
Merit: 1842



View Profile
May 21, 2021, 05:25:27 AM
 #930

Personally, I can buy the dip + DCA, but would I advice it for close friends and relatives, WHO I told to buy with everything they can when Bitcoin was trading under $10,000? For their own sanity, NO. I can do it, in fact I did it, but I don’t want to be blamed for the person who to told them to do it, but Bitcoin crashes and they cannot bear it. I will give them the safest advice, the same for the readers of this topic.

BUT, I’m confused JJG, and humbled.




██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 21, 2021, 01:27:07 PM
Last edit: May 21, 2021, 01:39:32 PM by JayJuanGee
 #931

Personally, I can buy the dip + DCA,

If you can do it, then every single other person (or institution) should be able to do it too.  Sure the proportions might be different based on a variety of factors including how much they might already have in bitcoin... and surely, I propose that there should be some urgency for those who do not have any value in bitcoin, and part of that malpractice would be to be telling nocoiners to wait when that is already their scared ass inclinations.. so if you tell nocoiners to wait then you are reinforcing something that they already want to do... which is to scare them out of getting the fuck started.

Hey, I am no damned salesmen when it comes to talking to people online or even in real life because I am frequently telling them that they gotta do what works for them.. but I almost tell anyone who asks about bitcoin to get started rather than waiting and for me, it does not even matter what the BTC price happens to be at the time.... but of course, we do not completely ignore price either because once getting started, there may be some considerations of the current price, historical price and where the price might go in terms of figuring out actual allocations and ways forward.

Of course out of the three BTC accumulation strategies, there are ways to proportion each part of those allocation strategies.. that is the lump sum investing, DCA and buying on dip.. and of course, the HODL is going to kick in when anyone might run out of money at various points and the dippening keeps happening beyond their budgeted amount.


but would I advice it for close friends and relatives, WHO I told to buy with everything they can when Bitcoin was trading under $10,000?

Buy with everything you can, once you establish your budget.  Of course, peeps gotta establish their budgets first, and so many people do not really have good grasps on what is their budget exactly.. get that shit in order and then buying with everything that they can should also be divided into the three tactics of lump sum investing, DCA and buying on dips... There is no need to shoot the whole wadd at one price and then have nothing left if the price dips which just causes feelings of panic to NOT be in a place to be able to do anything because all in was already done at a much higher price then the subsequent dippening price.

For their own sanity, NO. I can do it, in fact I did it, but I don’t want to be blamed for the person who to told them to do it, but Bitcoin crashes and they cannot bear it. I will give them the safest advice, the same for the readers of this topic.

I doubt it is "safest" to say wait... Seems to me safest to "get the fuck started" and then to apportion in accordance with your own situation.  So set up accounts is the first thing.. maybe put $10 in each account, figure out your situation, establish your goals and plans and then start to execute.  Some people can spare $1 week and others might be able to spare $1,000 per week, but I still might suggest to be careful about whatever is done, so frequently, I will suggest establishing a plan that allows for 6 months or longer in terms of attempting to plan out a budget..

So let's say for example that a person has $6k in cash and $6k in expected cashflow over the next six months, then that is $12k for their 6-month budget but they do not have access to all $12k at that particular moment.. and they better NOT be exaggerating their expected cashflow either..,. because each of us should attempt to be realistic with our own projections of our cashflow and what we have reasonably available to invest into BTC or anything else for that matter.. gotta be able to continually be able to pay the bills and to pay any emergency expenses that will come up.. and emergency expenses are inevitable.. especially if you have not planned for them #justsaying.

Sure $12k might seem like a lot of money, and a lot of people might not even have that much extra that they can afford to invest in bitcoin, even if spread over 6 months.. but whatever, I largely am using that amount because it is a nice round number and easy to divide in several ways.

For example, lump sum might involved taking 1/3 ($4k) and investing right way or alternatively taking ONLY 1/3 of what is actually available ($2k) and investing right away.  Then the next 1/3 wouls  be set up for DCA so $4k/26=$153.85 per week, and then 1/3 for buying on dips.  Maybe look at our current price, and then consider intervals down to $20k  $4k / 40 would be $100 for each interval (or some other variation of comfort that could be moved with the passage of time)..

So if during the next 6 months there is a cashflow shortage (there better not be because hopefully your cashflow estimates were already conservative), then there might be a need to take from the allocation.. more likely, if you have planned conservatively, during the next 6 months there might be some cash that comes in that was not counted upon when making the 6 month projection, so when the new quasi-unexpected cash comes in, it is plugged into the three categories of the existing system.  If the amount that comes in is $3k for example (yes nice and divisible) then it is divided by 3 and 1/3 goes to lump sum, 1/3 goes to DCA and 1/3 goes to buying on dip.

Anyone can adjust the specifics to their own situation, but there should be attempts to consider all the categories, especially if in an accumulation stage and on a budget.. once accumulation goals are met, then there would likely be a lot of relaxing of the practices and strategies.. but then also much easier to sit back and relax a bit once accumulation goals are reached... sure if someone is relatively young in their 20s to 40s, then they might never really believe that they graduated from accumulation goals because their fuck you (retirement) timeline might still be a wee bit into the future.. but again, each person has to consider those kinds of matters, and surely you might consider that I might be picking on the young-uns, but I am not, one of the problems of being in your 20s is that there is a whole fucking long time to need to be able to support ur lil selfie on whatever richness that you have accumulated.. so you gots to be careful in terms of pulling the fuck you lever way too early if you are in your 20s if you have not figured out a plan in which the amount of capital that you have accumulated is able to support you without unduly depleting the principle in the process of 50 to 70 years of drawing upon it if you were to be so young and with a potentially long timeline in which you would be wanting to live off of your accumulated wealth.

BUT, I’m confused JJG, and humbled.



No problem about being confused and humbled, even though your outline of the OP does seem to apply, especially if we have a dip, then shouldn't we either be buying or HODLing?  And, if the dip last long enough and we might have some cashflow come in.. let's say that we earn anywhere between $3k to $6k per month (again nice round numbers), but for some reason, we have about $2,400 to $4,800 in expenses, so we ONLY have $600 to $1,200 (round numbers) left for consideration to potentially put into bitcoin.  Are we going to buy the dip?  DCA? HODL? or something else?  Sure, waiting is a form of HODL, I suppose, but if you don't fucking got ur lil selfie no bitcoin then you are NOT prepared for UPpity.. you are ONLY prepared for DOWNity, which does not seem to be a good place to be..

One of my ongoing suggestions for everyone is to prepare for both directions, and sure you have to come to your own conclusions regarding what those preparations can reasonably be, and so many nocoiners and even bitcoiners themselves tend to be way more prepared for DOWNity than they are for UPpity.. and that has been part of their problem, even in the past couple of bitcoin cycles.. to overly prepare for DOWNity and to under prepare for UPpity.. and historically bitcoin has shown us (likely to continue into the future) that you do not even need to prepare a lot for UPpity in order to be able to profit stupendously from whatever UPpity preparations that you have made.. just get the fuck off of zero.  hahahahaha

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2954
Merit: 1842



View Profile
May 24, 2021, 12:26:27 PM
 #932

I believe the season of “Buy the dip, and HODL” might be back. But do it slow, with a proper dollar-cost-averaging plan, either up or down. Cool

If you’re concerned with the FUD, be comforted to understand that Bitcoin has continued to work, and chug along, producing block after block, with no down time.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 24, 2021, 01:25:14 PM
 #933

I believe the season of “Buy the dip, and HODL” might be back. 

Sure, opinions might vary, but I would assert that such season never went away.

Of course, if we go into a long season of a bear market, by definition there would be advantages in waiting, but one of the problems even with waiting in that context would be that you could end up being wrong about the extent of the bear market in terms of both quantity of drop and length of the time that the price is going to be down.

In 2018, I personally did not concede that we had gone into a bear market until about mid-November when the BTC price broke quite severely below $6k and went down to about $4,500 right way and then got down to as low as $3,124.. so I was not conceding bear market for very long, and we did not even stay there very long.. but I did not concede to being out of the bear market until around mid-May 2019.. when we saw a pretty rapid rise in BTC price starting about April 1, from the lower $4ks to about $7k or more by mid May but even that did not last very long until the end of June getting to $13,880, but I still continued to assert that the bear market had been over as of April 1, even though I had not appreciated being out of it until Mid-May.

And, sure I have been told my personal definitions of what is a bear market or a bull market do not fit with traditional and widely accepted definitions.. and I give no fucks.  In essence, each of us who are attempting to incorporate buy the dip strategies that we might increase or decrease in terms of where we feel that the market might go will need to have some parameters for how we assess where we are at and where we might be going.. and if we might want to attempt to be strategic about some of our cash or maybe just have some quasi-blind systems about other portions of our stash so that we might not overthink and end up getting some matters wrong by holding back too much cash when maybe we should have injected a wee bit more than we did on whatever dippening had happened already.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
kesmex
Full Member
***
Offline Offline

Activity: 1110
Merit: 104


The OGz Club


View Profile
May 24, 2021, 02:53:22 PM
Merited by JayJuanGee (1)
 #934

I believe the season of “Buy the dip, and HODL” might be back. But do it slow, with a proper dollar-cost-averaging plan, either up or down. Cool

If you’re concerned with the FUD, be comforted to understand that Bitcoin has continued to work, and chug along, producing block after block, with no down time.

FUD has happened and made the price of Bitcoin plunge to $ 30k, and is currently trading at a price of $ 38k,
yeah good enough the bounce is going on, and I think this is the DIP of Bitcoin, although many people are drawing that Bitcoin price will dive even deeper at the minimum to $ 20k,
I still deny it will happen, I believe the Bitcoin price will continue to increase from today.

The OGz Club     [ [ [ [ [   The 1st & Only #MemeFi Project   ] ] ] ] ]
Website     ◢ Reddit     ◢ Telegram     ◢ Twitter     ◢ TikTok     ◢ Facebook
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ►► Powered by BOUNTY DETECTIVE     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Vaskiy
Legendary
*
Offline Offline

Activity: 2646
Merit: 1106


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
May 24, 2021, 06:25:04 PM
 #935

I believe the season of “Buy the dip, and HODL” might be back. But do it slow, with a proper dollar-cost-averaging plan, either up or down. Cool

If you’re concerned with the FUD, be comforted to understand that Bitcoin has continued to work, and chug along, producing block after block, with no down time.

FUD has happened and made the price of Bitcoin plunge to $ 30k, and is currently trading at a price of $ 38k,
yeah good enough the bounce is going on, and I think this is the DIP of Bitcoin, although many people are drawing that Bitcoin price will dive even deeper at the minimum to $ 20k,
I still deny it will happen, I believe the Bitcoin price will continue to increase from today.
Myself too thought about the price of bitcoin reaching down to $25k, but the recovery has happened very fast. From experts point the price of bitcoin is predicted to gain good resistance around $38k. Breaking the $38k barrier will push the price forward. In such a way I'm sure there is more growth to happen than decline. Users who invested at the dip will be now enjoying the profit.

This growth will happen for certain weeks time, after which there is possible chances of massive crash.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
 
    CRYPTO WEBNEOBANK    
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Iranus
Hero Member
*****
Offline Offline

Activity: 1848
Merit: 535


Leading Crypto Sports Betting & Casino Platform


View Profile
May 24, 2021, 08:20:26 PM
 #936

-snip
 Users who invested at the dip will be now enjoying the profit.

This is the dip right now, dip has not been gone away...
There is something good for those who can be patient, The market always rewards those investors who have patience. Naturally, I suggest anyone to buy at Bounce. But today's bounce is different, I think it is the perfect time for new investors to open a long position, if you aren't able to take the advantage of this dump then I'm damn sure that you have to buy at high again. usually, fools are buy high and sell at dip.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2954
Merit: 1842



View Profile
May 25, 2021, 11:56:07 AM
 #937

I believe the season of “Buy the dip, and HODL” might be back.  

Sure, opinions might vary, but I would assert that such season never went away.


For capital preservation, and conservation, it’s obviously always better to buy an investment as low as possible to get more during the times of “ uppity”. Capital is limited, we should use it carefully. Plus it’s also better for the investors’ sanity. Hahaha.

I believe the season of “Buy the dip, and HODL” might be back. But do it slow, with a proper dollar-cost-averaging plan, either up or down. Cool

If you’re concerned with the FUD, be comforted to understand that Bitcoin has continued to work, and chug along, producing block after block, with no down time.

FUD has happened and made the price of Bitcoin plunge to $ 30k, and is currently trading at a price of $ 38k,
yeah good enough the bounce is going on, and I think this is the DIP of Bitcoin, although many people are drawing that Bitcoin price will dive even deeper at the minimum to $ 20k, I still deny it will happen, I believe the Bitcoin price will continue to increase from today.


It was a mix of FUD, whalecumulators sold, and market liquidations.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 25, 2021, 12:51:45 PM
 #938

I believe the season of “Buy the dip, and HODL” might be back.  

Sure, opinions might vary, but I would assert that such season never went away.


For capital preservation, and conservation, it’s obviously always better to buy an investment as low as possible to get more during the times of “ uppity”. Capital is limited, we should use it carefully. Plus it’s also better for the investors’ sanity. Hahaha.


Part of the problem is that you are never going to know for sure if you are buying at the bottom or if the price is going to continue to go down.  For example, if a newbie nocoiner had just heard of bitcoin in January of this year and had absolutely no coins, but as we recall the BTC price went above $50k and stayed mostly above $50k for about 3.5 months, and even some people (not going to name any names) were saying that BTC prices were never going below $50k again, so even if you wanted to get some bitcoin to prepare for UP, you might be feeling to just get started otherwise you do not have any if the BTC price were to go up and $50ks happen to be the lowest that the BTC price goes.

If you are buying for the long term, you might not want to get too obsessed about whether you feel good or not in the short term.  Of course, you feel better if you buy lower, but you are not always going to know, but if the BTC price goes up in the long term, then likely after several years you keep buying you should end up in the positive.  So I surely suggest set up regular buys, and maybe small amounts such a $10 or $20 per week, and then just have an additional amount that can be used to buy more BTC on dips without acting (or even expecting) that you are going to know for sure how much of a dip is enough so maybe you end up buying at the dip below $50k at $48k, and then again at $43k and then $38k and $33k..

and you start running out of money and getting frustrated and have to wait for more money to come in, and maybe you are not really able to buy below $38k because you are running out of money and so you decide to just HODL.. Hopefully, you are not deciding to sell and buy back lower.. because that is a very dangerous strategy and frequently causes folks to end up with fewer bitcoins and lots of stress waiting for lower prices that might not happen.

It can take a while to both build up your BTC holdings and also to have them in the profits, and I personally believe that people should not be kicking themselves or trying to get short term feelings of moar better and so there can be some ways to balance the strategy and to plan ahead the various buying regularly no matter what and also buying at various points on the dip while expecting that you do not know for sure how far the dip is going to go or how long it is going to last... but if you are investing in something with strong fundamentals (only talking about bitcoin here.. not about some stupid ass shitcoin - does not matter which other shitcoin, just applies to bitcoin).

Also, in tradition assets and historically, it could have taken guys 30 years to 40 years to invest, and maybe they build a good sized nest egg, but there are no guarantees.  Sure in bitcoin there are good chances to cut that way down, such as cut the investment timeline in half, but still there are no guarantees, but as you build your wealth (and your investment portfolio) longer and longer it should both increase in value but also give you a lot more options because it is increasing in value (just might not seem so on the shorter timeframe, even 2-4 years might feel like you are not making a lot of progress... but persistence and having a solid non gambling system does tend to pay off and sometimes even way better than expected even if in the short term it is more difficult to see).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2954
Merit: 1842



View Profile
May 26, 2021, 12:11:47 PM
 #939

It’s a personal choice, and for me, who has been observing the market for, more or less 6 years, it was obvious that everyone was in FOMO after it had reached and surged above 2017’s ATH. I want to buy in times of fear, to get a better deal for my limited capital. I’m not rich to buy Bitcoin priced at $60,000, and keep my sanity after it crashes -70%. Haha.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
JayJuanGee
Legendary
*
Online Online

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
May 26, 2021, 04:13:14 PM
 #940

It’s a personal choice, and for me, who has been observing the market for, more or less 6 years, it was obvious that everyone was in FOMO after it had reached and surged above 2017’s ATH. I want to buy in times of fear, to get a better deal for my limited capital. I’m not rich to buy Bitcoin priced at $60,000, and keep my sanity after it crashes -70%. Haha.

Sure, it takes a long time to study the BTC space, watch the BTC price movement and attempt to figure out short term and longer term price models and maybe attempt to figure out where we have been, where we are and where we might be going from that.

And, even if a lot of us spend similar amounts of time studying similar data, we likely come to the space with our own differing life experiences and even financial and psychological positions that are also going to inform our assessments regarding what kinds of actions we are going to take in regards to bitcoin accumulation and how to do it.  Inaction can also end up being a kind of action too, even though it seems to me that inaction would likely be less thought through in most cases because anyone who studies the space should be coming up with some kind of plan that involves action - that hopefully also goes beyond pure waiting - even though there are some folks that decide their action is going to be to wait, so maybe I am giving too much benefit of the doubt that thinking through these kinds of matters should automatically lead to action and that waiting is NOT good enough.

Actually, Wind_FURY, there should be absolutely no problem that any of us would want to bring our own experiences in the matter, but there should also be some sense that both you and I are attempting to speak to either the nocoiner or a hypothetical person who has way too few coins (for example they are less than 1% invested into bitcoin).

Maybe back to a hypothetical person who has $100k in various investments.  My suggestion is that at minimum that person better fucking get at least 1% into bitcoin in a fairly decently short time frame, such as less than a year... and if the investment is $1k, sure s/he could just lump sum something like that into bitcoin in a less than a few months in order to timely get to a minimum level of recommended allocation.  After getting to the minimum level of allocation, then thereafter there is more freedom to dicker around with various other philosophies, tactics or whatever.

For sure, I am not going to deny that one of the most common situations of the regular Joe is that he hardly has shit for any kind of investments that really fall into categories of investments, and he is in debt up to his ass on anything that he proclaims to own.  So if he were to add up all his assets and all his debts, he might not even be very far in the positive.. and what he does own may or may not be very liquid... So, maybe we have to attempt to address that guy too... the one who hardly is even capable of getting his shit together so that he would both be in a position to plan and take action on his plan once he has created one. 

So, for sure, guys like that both get scared to carry out a plan and they tend to be inclined to gamble (whether they call it that or not).  I personally doubt that there is a need for regular joes to totally get their shit together before investing in bitcoin, but they can get some kinds of ballpark ideas of their cashflow and then work on improving their assessments and building an actual investment portfolio that ends up bringing into the positive territory and will also cause them less likelihoods to panic upon BIG ass price swings like the one that we still seem to be within and to be able to continue to buy on a regular basis or at least to appreciate some buying on dip and maybe some need to HODL if they had already bought on the dip and run out of extra investing money until their next paycheck.

I suppose that part of my point in this particular post is that I completely agree with the thesis of this thread in terms of buying every dip and HODL..and sure there are some supplemental practices that should likely be applied too - but getting fucking scared because a dip happened should not be amongst the first of the reactions, if you actually believe in the overall thesis.. so there should be abilities to continue to follow the plan in a kind of prudent way... and by the way, we are not at $60k right now Wind_FURY.. so if you and/or other guys already went all in at $60k and you are feeling hurt because those higher level investments are not doing so well right now.. and there is even potential that they could continue to get worse, then maybe you are feeling that you are out of the buy on dip mode and have only the ability to HODL.  There surely are going to be variances in terms of where guys are at and if they blew too much of their load at higher levels, whether buying at the top (which is not really what is being proposed in this thread) or if they bought too much on a dip that they thought was "the dip" but the price kept dipping, even after they bought.. and reasonably those dip numbers should not have fucking been $60k or even $58k, but I could see a decent amount of aggressive buying within the them of this thread at around $55k and even lower $50ks and believing that to be the dip that was being waited for and that there would be no more dip (or not likely to be more dip) (subsequently discovered to be erroneous thinking).

I am somewhat trying to figure out ways to largely stick with the theme of this thread, even though personally I do believe in both supplementary practices, and even though you were the author of the OP of the thread, to me, you seem to have some difficulties in regards to whether you really believe in the OP of the thread, and sure you are free to change your mind.. that's for sure.  I recall participating in a DCA thread once, and the author of the OP wrote a very good description of what DCA was and even seemed to advocate it, but after a while he was all over the fucking place, and many of us should realize that DCA has some underlying values in terms of applying to asset classes that you already have confidence in their fundamentals, so in order to be effective with DCA you should be continuing to follow and apply such principles.. in my thinking similar with buy every dip and HODL.. once you believe in the fundamentals of the asset that you are applying the concept/practice (in this case bitcoin), then in order to stay most effective with such practice, you should be able to continue to apply such practices rather than turning them on and off, and if you turn them on and off, they will likely become much less effective... especially if turning them off on a dip.. .. but then the million dollar question remains how much of a dip is enough dip.... which is never going to be exactly clear, either.. even if still believing in the fundamentals of the asset (in this case bitcoin).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 466 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!