Buy the DIP, and HODL!

[Wind_FURY]

I am not going to claim to know the answers that would necessarily apply to various possible subtlties and abilities to engage in ongoing investing into BTC even if cashflows might be relatively tight because sometimes any of us could end up being in situations (and maybe for a long time) in which we are having difficulties with our cashflow and difficulties investing at times that likely would be better times to invest, and then we end up getting tempted into investing into something like BTC when the price are going up or had gone up for a while rather than when they are in the deepest of their trough, and part of our cashflow issue might have come from investing too much on the way up so we run out of cash when the BTC price comes down and when it ended up being (upon retrospect) at a better price point, relatively speaking.

No one knows what's a good financial/Bitcoin buying strategy for a person, except the person himself/herself. We merely  give suggestions, but it's the person who decides. I hope no one listened to many of my bad suggestions. It's very easy to be over-optimistic during the bull cycle.

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

Always zoom out if in doubt, https://bitcoin.zorinaq.com/price/

I missed the chance to accumulate more from 2018-2021 so yes I am failed in my expectation as there is a surgery that needs to be funded and sadly I have to full out almost every funds from my folio to sustain my mothers surgery .

but not now, as i have already established my financial capacity and yes back to track again and buying as long as I have a chance to purchase not totally in dip but whenever there is available funds in my hands , as i believe that we must not only accumulate when there is a dip instead everytime that we have a chance to purchase .

It's very admirable that you gave everything to help your mother, but that's the disadvantage I was talking about in a post that was misinterpreted as "taking risks is ALWAYS bad". Under the right situation, it's actually good to take more risks, the highest risks IF you're young single, AND who has absolutely no other responsibilities but just to yourself.

I believe you should be more careful because you're responsible for your mother, and probably other siblings? Don't take too much risks.

thanks for the concern mate but now siblings and other family members are helping to keep our mother healthy meaning I am not the sole person that has obligation.

so yeah it is not best to take too much risk but this is what I choose to recover from my fast mistakes.
now I am currently holding a good chunks of Bitcoin and aiming to at least hold 2-5 bitcoin before the bull comes again.

It's good to have a good family. You're very VERY lucky. Your parents raised you, and your siblings, the right way. I believe many of us never had such luck.

[1714202230]

1714202230

[1714202230]

1714202230

[bitterguy28]

thanks for the concern mate but now siblings and other family members are helping to keep our mother healthy meaning I am not the sole person that has obligation[/b].

so yeah it is not best to take too much risk but this is what I choose to recover from my fast mistakes.
now I am currently holding a good chunks of Bitcoin and aiming to at least hold 2-5 bitcoin before the bull comes again.

It's good to have a good family. You're very VERY lucky. Your parents raised you, and your siblings, the right way. I believe many of us never had such luck.

or maybe most of us don't value their family that much like what i do( not mentioning any name of course) but you are correct that we are being raised that family first before everything .

and also Family isn't a luck but it is built and that is what my parents keeps telling us and not that I have my own ? yes i educate my children about that.

____________________

back to the topic , do you think that it would be the right position again to buy? will be receiving a quarterly bonus and planning to put everything in Bitcoin.

P.S . Just asking for your opinion to have extra idea  TIA .

[Wind_FURY]

back to the topic , do you think that it would be the right position again to buy? will be receiving a quarterly bonus and planning to put everything in Bitcoin.

P.S . Just asking for your opinion to have extra idea  TIA .

Because I always have a long term view, you know my answer would always be yes, all DIPs from the current price are for buying. Plus if you're planning to put everything, don't buy with all of it in one bid. Buy with 25% of your capital, then wait for DIPs to buy more. I believe there's some probability that Bitcoin might drop back to $16,000 again this year because of Macro-Economic worries.

[GigaBit]

Bitcoin price is constantly being discussed and researched. Recently we have seen some light in a bearish market. While the global situation is quite bad, the effects of the economic recession have not yet subsided. At that time the bullish trend of Bitcoin naturally indicated its positive side. Bitcoin fell to $16,600 just as it was expected to be more bearish, but it has once again turn to bullish and  surged 40 percent. The macro backdrop also played a supportive role as the Federal Reserve cut its interest rate hikes this month. Currently, if an investor wants to hold Bitcoin for a short period of time, he will get the profit. But there is no need to take that kind of risks. Now if one plans to hold BTC for long term then he can reach his goal before the expected time.

[Bitcoin_people]

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

[ajiz138]

Bitcoin price is constantly being discussed and researched. Recently we have seen some light in a bearish market. While the global situation is quite bad, the effects of the economic recession have not yet subsided. At that time the bullish trend of Bitcoin naturally indicated its positive side. Bitcoin fell to $16,600 just as it was expected to be more bearish, but it has once again turn to bullish and  surged 40 percent. The macro backdrop also played a supportive role as the Federal Reserve cut its interest rate hikes this month. Currently, if an investor wants to hold Bitcoin for a short period of time, he will get the profit. But there is no need to take that kind of risks. Now if one plans to hold BTC for long term then he can reach his goal before the expected time.

It becomes speculation because bitcoin will be an interesting discussion when they want to know the movement but we will not see how accurate it is, about the bear market it is very natural because several factors cause the price of bitcoin to fall, for example with some FUD spread by some people, including several agencies, went bankrupt, so this triggered panic for those who were not strong.

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

This is not about trading buy low sell high, here is discussing various bitcoin accumulation strategies including cash flow management too, you can buy dip or with the DCA strategy so it's not a guarantee of a successful trader later.
This thread talks about how to hold bitcoins longer with a 5 to 10-year term.

[Wind_FURY]

Bitcoin price is constantly being discussed and researched. Recently we have seen some light in a bearish market. While the global situation is quite bad, the effects of the economic recession have not yet subsided. At that time the bullish trend of Bitcoin naturally indicated its positive side. Bitcoin fell to $16,600 just as it was expected to be more bearish, but it has once again turn to bullish and  surged 40 percent. The macro backdrop also played a supportive role as the Federal Reserve cut its interest rate hikes this month. Currently, if an investor wants to hold Bitcoin for a short period of time, he will get the profit. But there is no need to take that kind of risks. Now if one plans to hold BTC for long term then he can reach his goal before the expected time.

It becomes speculation because bitcoin will be an interesting discussion when they want to know the movement but we will not see how accurate it is, about the bear market it is very natural because several factors cause the price of bitcoin to fall, for example with some FUD spread by some people, including several agencies, went bankrupt, so this triggered panic for those who were not strong.

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

Newbies and plebs like us are worried more about price movement, than what they're buying they're money for. I too was once a newbie who believed that I could out-trade the price movements through a more active trading approach. It just made me emotionally stressed, and gave me temporary mental insanity. Currently not a newbie anymore, merely a pleb. What plebs like us should truly undertand is that, Bitcoin is a Schelling Point. Everyone who wants to invest in crypto are attracted towards Bitcoin, sooner or later.

In game theory, a focal point (or Schelling point) is a solution that people tend to choose by default in the absence of communication.

https://en.wikipedia.org/wiki/Focal_point_(game_theory)

[imamusma]

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

Not all investors have the same time frame when it comes to sticking with their investments. Investment time frame tend to vary from investor to investor, but that shouldn't really matter as long as they're making a profit. Institutional investors may be different, they tend to get a longer time frame than personal investors.

Surviving 5 to 10 years in an investment asset that has a high risk of volatility like bitcoin probably would not be considered by all people hoping for profits between ATH. They will sell it and enjoy the profits all year round. But the principles of investors are the same, yes they tend to stay on longer time frames.

[Ryu_Ar1]

Well, personally, I think that it is better to use some kind of an Excel spreadsheet to both show your historical building of your investment portfolio, and presumptively you have ONLY added bitcoin to it recently, and perhaps you did not have much of an investment portfolio prior to bitcoin.  I cannot remember your situation except maybe that you were asserting that you had real humble and modest amounts that you would be able to save on a regular basis.

If you think about it, there are better case scenarios in terms of how much you are able to save and also better case scenarios in terms of how your investments (BTC and perhaps other things) will perform... So you can project out worse case scenarios, medium (or more likely scenarios) and best case scenarios, and maybe the first few times that you project out all of your ideas it will be difficult and it will not make sense, but you can come back to it from time to time, and save your older versions and create new files that might branch into one direction or another while at the same time, even though you might look at both best case scenarios and worse case scenarios, you probably should be attempting to put most of your time into what you consider to be the more likely scenarios that you can also tweak from time to time because sometimes you might come across either facts or even ideas that cause your base case scenarios to be in need of corrections to make them more realistic in terms of actual facts rather than fantasies or wrong ideas.

I probably stated that when I was younger.. like when I just left home, I almost always made it a goal to save at least 10% of my income, and surely I had times in which my income was really low so 10% did not end up being very much, and then I had years that I was in college, so I had a lot of expenses, and it was a lot more difficult to save money... but anyhow, back then I did not have bitcoin, but later in life I got some better paid jobs that caused me to have an income that was way higher than what I was used to, so I was able to save way higher amounts (and kind of make up for the years that I had not been able to save as much).. In some ways I got lucky, but still I understand the idea that it is not unusual that it could take you 5-10 years or longer just to save up as much as your annual salary, and you figure that you would have to save 20% of your income to be able to get there in 5 years and 10% of your income if you were to get there in 10 years... so even if you are able to save 100% or 200% or more of your income, I doubt that your retirement plan would be to just spend the whole thing, but instead try to get to amounts in which the principle ends up being somewhere in the category of 25x the amount that you need to live on each year in order that you would merely be living off of the interest (so that is getting your principle to be 25x your annual income amount).. which is living off of something like 4% per year. Those are basic ideas about getting to a point in which you are able to live off of your investment as a kind of passive income without depleting the principle.

If you were to ONLY rely upon your saving your money and not really earning anything off of it, then likely the cost of living will continue to eat away (and deplete) your abilities to live off of interest on the amount that you are able to build up in your investment portfolio, so in some sense, the better performance of any of your investments in your portfolio, the the more likely that you would be able to reach your abilities to get to fuck you status.. which would be in the ballpark of around 25x the amount that you need to live annually. and many of us bitcoiners believe that bitcoin gives way better chances of being able to reach those kinds of numbers than various traditional investments.. None of this is easy, the obstacles are high, and part of the reason that some people resort to shitcoins or gambling and various kinds of strategies like that is because they consider that they are not able to reach the kinds of numbers  that they feel that they need to reach if they were to merely invest in bitcoin or in some other more traditional asset classes.. but personally, it seems to me that both the upside and the downside risk needs to be taken into account, and it seems to me that bitcoin continues to be one of the best asymmetric bets to the upside when accounting for all of the variables.. and at the same time, i tis true that each person has to come to their own decision-point in terms of if they believe bitcoin is a good asset in their investment portfolio and if so, then how aggressive should they be in regards to bitcoin accumulation and/or maintenance in order to hopefully get to fuck you status at some point more quickly (or even more possible) than they might be able to do with traditional investment options.

Believe it or not I had a new epiphany on this.
I didn't really understand what you meant before so I needed to digest and read many times about this because I didn't get the gist of what you meant but the more I read the more I understood what you meant.
So trying to make a new design for my plan and when compared to the previous one, even though there are some similarities when viewed from other perspectives, there are obvious differences, especially in terms of the long term.
When I talk about savings it's already true because regardless of anything it's already felt that even if it's not for the long term it continues to erode from the existing amount.
Saving is a bit good but it obviously won't change anything as long as we don't move and it's a different story when we invest because at least in this case there is more feedback that we get from there and it can also be more supportive and make my eyes open.

Bitcoin price is constantly being discussed and researched. Recently we have seen some light in a bearish market. While the global situation is quite bad, the effects of the economic recession have not yet subsided. At that time the bullish trend of Bitcoin naturally indicated its positive side. Bitcoin fell to $16,600 just as it was expected to be more bearish, but it has once again turn to bullish and  surged 40 percent. The macro backdrop also played a supportive role as the Federal Reserve cut its interest rate hikes this month. Currently, if an investor wants to hold Bitcoin for a short period of time, he will get the profit. But there is no need to take that kind of risks. Now if one plans to hold BTC for long term then he can reach his goal before the expected time.

If you use the buy dip system, the profit will definitely be obtained but I think the goal is too simple if you have to stop and sell when the current price is still below so I think instead of having a pattern like this and regretting it when the price is high, it's better from now on not to have a lot of thoughts and just focus on the future.

[BITCOIN4X]

If you use the buy dip system, the profit will definitely be obtained but I think the goal is too simple if you have to stop and sell when the current price is still below so I think instead of having a pattern like this and regretting it when the price is high, it's better from now on not to have a lot of thoughts and just focus on the future.

On the first point, buy the dip and sell is what traders often do. While in this thread someone must find a way and be consistent about his investment goals where to buy the dip and hold.

The simple thing is that the short term gains from a trade sometimes just won't be worth the risk, so the extra consideration is to buy and hold for the long term in hopes of getting a decent return. But it looks like you have understood how it works, so just implement it.

[JayJuanGee]

Bitcoin price is constantly being discussed and researched. Recently we have seen some light in a bearish market. While the global situation is quite bad, the effects of the economic recession have not yet subsided. At that time the bullish trend of Bitcoin naturally indicated its positive side. Bitcoin fell to $16,600 just as it was expected to be more bearish, but it has once again turn to bullish and  surged 40 percent. The macro backdrop also played a supportive role as the Federal Reserve cut its interest rate hikes this month. Currently, if an investor wants to hold Bitcoin for a short period of time, he will get the profit. But there is no need to take that kind of risks. Now if one plans to hold BTC for long term then he can reach his goal before the expected time.

It becomes speculation because bitcoin will be an interesting discussion when they want to know the movement but we will not see how accurate it is, about the bear market it is very natural because several factors cause the price of bitcoin to fall, for example with some FUD spread by some people, including several agencies, went bankrupt, so this triggered panic for those who were not strong.

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

Newbies and plebs like us are worried more about price movement, than what they're buying they're money for. I too was once a newbie who believed that I could out-trade the price movements through a more active trading approach. It just made me emotionally stressed, and gave me temporary mental insanity. Currently not a newbie anymore, merely a pleb. What plebs like us should truly undertand is that, Bitcoin is a Schelling Point. Everyone who wants to invest in crypto are attracted towards Bitcoin, sooner or later.

In game theory, a focal point (or Schelling point) is a solution that people tend to choose by default in the absence of communication.
https://en.wikipedia.org/wiki/Focal_point_(game_theory)

There does not really seem to be anything wrong with your ideas Wind-FURY.. but you still are not really saying much of anything in terms of trying to describe yourself in terms of vague and amorphous "common-man" terms.

Sure, it is quite likely that you are part of everybody who is common, but in some senses you are not common in the sense that you have been able to identify bitcoin as a good investment, and you have been investing into bitcoin for nearly 7 years - even if you made a whole lot of mistakes in the beginning, you are still early into bitcoin  and even small amounts of investing into bitcoin are likely going to pay off in the long run - when you have recognized some of the basic ideas that involve ongoingly investing in bitcoin and largely staying away from shitcoins and/or trading.

There are likely going to be people who currently have way better financial means that you and other people who had way better means than you 7 years ago, and you are quite likely going to be able to get ahead of those folks relatively speaking, especially if the vast majority of them continue to fail/refuse to either recognize bitcoin as a good investment and/or failed/refused to take actions in order to build their BTC stashes.. .. so in that regard, there are even folks who could have bought a whole bitcoin at some point between mid-2016-ish and late 2020-ish, and may well would not have suffered very much in order to buy that whole bitcoin with quite easily less than $4k in value.. but now. it has become quite difficult to do the same, and even buying a whole bitcoin under $15k might not be possible ever again.   So it will take more capital to get to whole bitcoiner status.  Look at the DCA of $10 per bitcoin week for the past 7 years gets a person to more than 1.26 bitcoin and ONLY having had invested $3,660 in dollar value.

So yeah of course, any of us could make mistakes, and sure any of us might not have been able to afford to buy $10 of bitcoin per week, yet many of us likely realize that you do not even need to reach 1 BTC status in order to b e able to potentially prosper stupendously by getting involved in bitcoin, and perhaps striving to merely accumulate 0.1BTC is enough to at least get started and to continue to make your BTC accumulation goals bigger and BIgger and BIGGER.. in order to increase some of the odds that maybe you will end up accumulating way more bitcoin in these times than you would be able to be able to accumulate in the future...

And, the same is true for me.  I was able to accumulate more BTC than I would currently be able to accumulate, and I made mistakes along the way too... and almost everyone, even someone who has been in bitcoin for more than 9 years can still find ways in which s/he might consider that s/he could have had been more assertive/aggressive in his/her BTC accumulation and it may well not have cost very much to be a bit more assertive/aggressive in that BTC accumulation.. and no need to resort to gambling or leverage or any of those kinds of more risky practices in order employ prudent and practical strategies in terms of ongiongly and regularly accumulating BTC.

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

Not all investors have the same time frame when it comes to sticking with their investments. Investment time frame tend to vary from investor to investor, but that shouldn't really matter as long as they're making a profit. Institutional investors may be different, they tend to get a longer time frame than personal investors.

Surviving 5 to 10 years in an investment asset that has a high risk of volatility like bitcoin probably would not be considered by all people hoping for profits between ATH. They will sell it and enjoy the profits all year round. But the principles of investors are the same, yes they tend to stay on longer time frames.

Yeah.. you can fuck around all that you like.. including selling BTC when you are in profits.  But part of the focus of this thread is to frame bitcoin as a longer term investment, which is that 5-10 year time frame, so yeah, you can see profits at some sooner timeframe, and you can take profits, and so fucking what?  You made some dollars, and you might end up getting screwed if you sell too much too soon.

There is a bit of a value proposition that is being presented in terms of bitcoin potentially serving as a kind of asset that you are not fucking around with.. you are accumulating it and building it for the long term.

And, sure on a personal level you can do whatever you like, including ignoring bitcoin's value proposition, valuing your wealth in terms of dollars and try to time the ups and downs of bitcoin and end up selling too much too soon.

Don't get me wrong.. I am not even against some folks to consider investing into bitcoin in terms of shorter time horizons, even though probably it used to be the case that I would tell people that it might NOT be a great idea to invest in bitcoin if they did not have at least have a 4 year time horizon.    These days, I still largely stick with the 4 year time horizon as the minimum, but I also suggest that maybe if your time horizon is less than 4 years, then you would just take a smaller position size.

Part of the truth of the matter when someone might either start to get more elderly in their 60s, 70s or 80s, they become somewhat uncertain about how long their time horizon is, as compared with someone who might be in his/her 20s, 30s, or 40s who might be saving up for a house or some large purchase, so the time horizon has to do with considerations of when they are wanting to be able to make those larger purchases, rather than end of life and/or retirement considerations.

Surely each person has complete discretion regarding how to manage his/her investments, yet many times in bitcoin we might be talking with (or to) folks who are either new to bitcoin or they are still establishing a position as a current no coiner or a low coiner, and also if bitcoin is considered as a likely longer term investment, then surely the considerations regarding building a potentially sizable BTC position does not necessarily deal with whether or not they might perceived that they are able to take fiat profits or potentially being able to trade some BTC for fiat in order to buy back lower at another date.. which surely many of the ideas behind this thread are suggesting those kinds of approaches to BTC are not what we are talking about here.. even though surely anyone is free to employ those kinds of strategies.

[edited out]

Believe it or not I had a new epiphany on this.
I didn't really understand what you meant before so I needed to digest and read many times about this because I didn't get the gist of what you meant but the more I read the more I understood what you meant.
So trying to make a new design for my plan and when compared to the previous one, even though there are some similarities when viewed from other perspectives, there are obvious differences, especially in terms of the long term.
When I talk about savings it's already true because regardless of anything it's already felt that even if it's not for the long term it continues to erode from the existing amount.
Saving is a bit good but it obviously won't change anything as long as we don't move and it's a different story when we invest because at least in this case there is more feedback that we get from there and it can also be more supportive and make my eyes open.

Yeah but still. I am not really sure if you are saying anything.  You can choose to invest into anything, time, energy, psychology and value.  Some things have greater odds of appreciating in value than other things, so many of us are going to attempt to invest into things that we expect to either gain in value relative to other things, or maybe we might invest into some things that we expect to not lose value as fast, relative to other things.

We are not going to know in advance which things are going to hold their value or gain in value, so we have to make educated guesses and attempt to do our best, and sometimes we will divide our value between a few different kinds of assets and even choose how much we are apportioning our allocations of value in order to attempt to either maximize or future value including weighing between how much we might value consumption today versus consumption in the future.  It may well not be a good idea to save for the future and then never be able to consume what we had saved.. so none of these are easy decisions, so frequently we are attempting to balance value to our present self as compared to what kind of value our future self might get from deferred gratification.. and the obvious choice will not always be to save and invest because sometimes we will need to (or prefer to ) consume while we can and maybe while we are still young (maybe in our 20s or 30s) enough to enjoy certain things that might not give us much if any pleasure later down the road (when we are in our 50s, 60s or 70s).

[G_Besar]

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

There is no need to have a good idea if someone already believes and believes in Bitcoin, so he can immediately apply Buy the DIP, and HODL to Bitcoin and never think about when to sell it even though when he sells it later it will also determine what the price will be at that time. Sometimes the buyers in the market are not all traders, because there are also those who just buy and then hold it for a time limit that they did not specify at that time. Although the goal of investing in Bitcoin in the long term is to make a profit.

[imamusma]

Not all investors have the same time frame when it comes to sticking with their investments. Investment time frame tend to vary from investor to investor, but that shouldn't really matter as long as they're making a profit. Institutional investors may be different, they tend to get a longer time frame than personal investors.

Surviving 5 to 10 years in an investment asset that has a high risk of volatility like bitcoin probably would not be considered by all people hoping for profits between ATH. They will sell it and enjoy the profits all year round. But the principles of investors are the same, yes they tend to stay on longer time frames.

Yeah.. you can fuck around all that you like.. including selling BTC when you are in profits.  But part of the focus of this thread is to frame bitcoin as a longer term investment, which is that 5-10 year time frame, so yeah, you can see profits at some sooner timeframe, and you can take profits, and so fucking what?  You made some dollars, and you might end up getting screwed if you sell too much too soon.

There is a bit of a value proposition that is being presented in terms of bitcoin potentially serving as a kind of asset that you are not fucking around with.. you are accumulating it and building it for the long term.

And, sure on a personal level you can do whatever you like, including ignoring bitcoin's value proposition, valuing your wealth in terms of dollars and try to time the ups and downs of bitcoin and end up selling too much too soon.

Don't get me wrong.. I am not even against some folks to consider investing into bitcoin in terms of shorter time horizons, even though probably it used to be the case that I would tell people that it might NOT be a great idea to invest in bitcoin if they did not have at least have a 4 year time horizon.    These days, I still largely stick with the 4 year time horizon as the minimum, but I also suggest that maybe if your time horizon is less than 4 years, then you would just take a smaller position size.

Part of the truth of the matter when someone might either start to get more elderly in their 60s, 70s or 80s, they become somewhat uncertain about how long their time horizon is, as compared with someone who might be in his/her 20s, 30s, or 40s who might be saving up for a house or some large purchase, so the time horizon has to do with considerations of when they are wanting to be able to make those larger purchases, rather than end of life and/or retirement considerations.

Surely each person has complete discretion regarding how to manage his/her investments, yet many times in bitcoin we might be talking with (or to) folks who are either new to bitcoin or they are still establishing a position as a current no coiner or a low coiner, and also if bitcoin is considered as a likely longer term investment, then surely the considerations regarding building a potentially sizable BTC position does not necessarily deal with whether or not they might perceived that they are able to take fiat profits or potentially being able to trade some BTC for fiat in order to buy back lower at another date.. which surely many of the ideas behind this thread are suggesting those kinds of approaches to BTC are not what we are talking about here.. even though surely anyone is free to employ those kinds of strategies.

I know you're not challenging anyone who wants to sell their bitcoin less than 4 years after they invested. Of course it is their full right and they are responsible for the profits and losses. Most new investors can be unprincipled on longer time frames eg 4-10 years but that is certainly not our problem as you said. But if they are able to maintain it, then of course it will be much more profitable as many holders have experienced so far.

I tend to agree to the principle of holding in the long term, it's much more reassuring than me having to hold my assets in any other form. Therefore, it is basically believed that bitcoin is still very possible to get a higher price and so I would never say someone is guilty just for not profiting on the few percent increase from what bitcoin will do.

Despite all that, everyone will never be forced to hold bitcoin any longer as long as they can no longer afford to hold because of a high selling impulse in their minds. But of course selling some of those bitcoins is the wisest option instead of selling all of them. Again, it all really depends on the individual, so this is something that may not be the same as one another.

[Dickiy]

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

There is no need to have a good idea if someone already believes and believes in Bitcoin, so he can immediately apply Buy the DIP, and HODL to Bitcoin and never think about when to sell it even though when he sells it later it will also determine what the price will be at that time. Sometimes the buyers in the market are not all traders, because there are also those who just buy and then hold it for a time limit that they did not specify at that time. Although the goal of investing in Bitcoin in the long term is to make a profit.

There may be some people in the market that when he buys bitcoins he doesn't know when to sell them but I think those are just beginners in investing in bitcoins. I think that a healthy and experienced investor always determines when to buy and when to sell, management of things like this is important for smooth investing both in the long and short term. If someone who is experienced they are definitely more or less able to read price movements, as we know in bitcoin there are cycles, market trends, buy/sell opportunities, and price characteristics every month during the course of one year (excluding news sentiment) then when you can read this, you will definitely prepare several options for making decisions and I think that is something that every investor should have, what I mean is that there must be a target in terms of profit goals for any period of time.

[JayJuanGee]

[edited out]

Despite all that, everyone will never be forced to hold bitcoin any longer as long as they can no longer afford to hold because of a high selling impulse in their minds. But of course selling some of those bitcoins is the wisest option instead of selling all of them. Again, it all really depends on the individual, so this is something that may not be the same as one another.

Well that seems to be part of the purpose of this thread, in order to discuss various ways in which to accumulate BTC in such a way that any of us might be able to put our own individually tailored systems into place so that we don't feel as emotional about or BTC sales and/or our BTC buys so long as we might consider that overall we are attempting to treat bitcoin as a long term investment, so in that regard, we might feel better to sell a bit of our bitcoin on the way up.. but might not feel compelled that we have to sell large portions or even any of it on the way up if we might establish other systems for ourselves to deal with seemingly inevitable ongoing BTC volatility.. ONE of the most inevitable things in bitcoin seems to be that it is going to be volatile - so if we already can recognize and appreciate the likely inevitability of BTC's volatility, then we are likely in a better place to deal with such ongoing inevitable volatility by putting systems into place, and surely some of the emphases of those systems that each of us puts into place is going to vary from one another, but if we are able to bat around the varying ideas (including in places like this thread), then we are likely going to put ourselves into better financial/psychological circumstances to be able to deal with such.

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

There is no need to have a good idea if someone already believes and believes in Bitcoin, so he can immediately apply Buy the DIP, and HODL to Bitcoin and never think about when to sell it even though when he sells it later it will also determine what the price will be at that time. Sometimes the buyers in the market are not all traders, because there are also those who just buy and then hold it for a time limit that they did not specify at that time. Although the goal of investing in Bitcoin in the long term is to make a profit.

There may be some people in the market that when he buys bitcoins he doesn't know when to sell them but I think those are just beginners in investing in bitcoins. I think that a healthy and experienced investor always determines when to buy and when to sell, management of things like this is important for smooth investing both in the long and short term. If someone who is experienced they are definitely more or less able to read price movements, as we know in bitcoin there are cycles, market trends, buy/sell opportunities, and price characteristics every month during the course of one year (excluding news sentiment) then when you can read this, you will definitely prepare several options for making decisions and I think that is something that every investor should have, what I mean is that there must be a target in terms of profit goals for any period of time.

I do think that you can talk about systems to put in place in order to better trade - but really that is not the topic of this thread.

We are largely attempting to talk about dealing with one side of the ledger in this thread to help to figure out ways to employ various buying strategies and even holding strategies whether or not we might have run out of money to buy.. ... so surely buying on the dip or DCA or even maybe some lump sum buys from time to time, but then the default is hold.. not sell.. so we are not really talking about the trade offs in regards to trying to figure out how to sell and to potentially profit from that.. so those kinds of strategies seems to take us outside of the topic of this thread.. even though it can be a fair topic, but seems to need to be explored in other places (threads in the forum). and not as one of the methods being discussed here in regards to the planning and employing of the various strategies of buying and holding.

[bitzizzix]

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

There is no need to have a good idea if someone already believes and believes in Bitcoin, so he can immediately apply Buy the DIP, and HODL to Bitcoin and never think about when to sell it even though when he sells it later it will also determine what the price will be at that time. Sometimes the buyers in the market are not all traders, because there are also those who just buy and then hold it for a time limit that they did not specify at that time. Although the goal of investing in Bitcoin in the long term is to make a profit.

Yes, as I always say for those who are still unsure about bitcoin holders. Having bitcoins must have strong faith because with this we will not really care about what is happening in the market, and will also always take advantage of the downturn to continue to accumulate it and hold it in the long term.
and I hope that everyone should realize that bitcoin is the best long term investment in this world which will provide very satisfying profit results if done in the long term.
because I'm not a trader so that's their business, and bitcoin is good and profitable for both holders and traders and it all depends on mastery and compatibility, and both of them still have to have strong faith to do it, in order to make good profits. But what is better and best at making profits is the long term.

[Franctoshi]

Some people might be Panic selling right now due to fear of uncertainty, While this is really the right time to start building up your portfolio and I'm buying more of Bitcoin. However,  if you had missed the first pump on January, now seem to be another nice time to get in. I have actually started adding up a little more of Bitcoin Into my portfolio at 20.7k and will continue to DCA down the line ,HODL and believing that history will reward us in the coming future.

[cryptomaniac_xxx]

Some people might be Panic selling right now due to fear of uncertainty, While this is really the right time to start building up your portfolio and I'm buying more of Bitcoin. However,  if you had missed the first pump on January, now seem to be another nice time to get in. I have actually started adding up a little more of Bitcoin Into my portfolio at 20.7k and will continue to DCA down the line ,HODL and believing that history will reward us in the coming future.

I have been holding for the last 6 months, and I will say that I'm not deter with this dump again, I will continue to do what I have been doing in the next 6 months or so.

Now as for the price, it's going down hard to $20,300, now it doesn't look good because on the first 2 months, the price really seems to take off. Unfortunately, it's very different time day. For those doing DCA, this is another opportunity again. For those who are buying one time and looking to enter, this is also a golden opportunity. So do not be negative when we see the price declining, but instead make the best out of it by stacking sats.

[Greyhats]

Some people might be Panic selling right now due to fear of uncertainty, While this is really the right time to start building up your portfolio and I'm buying more of Bitcoin. However,  if you had missed the first pump on January, now seem to be another nice time to get in. I have actually started adding up a little more of Bitcoin Into my portfolio at 20.7k and will continue to DCA down the line ,HODL and believing that history will reward us in the coming future.

I have been holding for the last 6 months, and I will say that I'm not deter with this dump again, I will continue to do what I have been doing in the next 6 months or so.

Now as for the price, it's going down hard to $20,300, now it doesn't look good because on the first 2 months, the price really seems to take off. Unfortunately, it's very different time day. For those doing DCA, this is another opportunity again. For those who are buying one time and looking to enter, this is also a golden opportunity. So do not be negative when we see the price declining, but instead make the best out of it by stacking sats.

When I look at my dca tracker the last time I was able to get my current mar avg price per coin was way back in July ‘22. We were in that will it go below 20k mood then, and took a turn end of Aug. I think when you start to understand what are the succinct characteristics of a dip is you can plan accordingly for future ones.

[Falconer]

Some people might be Panic selling right now due to fear of uncertainty, While this is really the right time to start building up your portfolio and I'm buying more of Bitcoin. However,  if you had missed the first pump on January, now seem to be another nice time to get in. I have actually started adding up a little more of Bitcoin Into my portfolio at 20.7k and will continue to DCA down the line ,HODL and believing that history will reward us in the coming future.

Such a mindset is really not a big deal, but they are just impatient and may not be able to handle the consequences of correction. In an area of ​​decline like this one can easily get swayed by FUD, whatever it is but then you and others will benefit. I mean if you actually buy on the dips and hold on.

Remember that weak hands are very likely to sell and take losses, while strong hands will hold and get another incentive to buy and accumulate during a correction. It doesn't matter how much you can afford to buy, but collect as much as you can afford to lose. After all, you also still have to adjust your budget as well.