Buy the DIP, and HODL!

[jcojci]

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Are you buying in dip to make profit in a short time or buying dip to accumulate more. Well it's up to you. But I think dip is an advantage for you to aquare more. no time is too late because you might think #35k is too high to be called dip probably tomorrow you regret why not buy at $35k as dip compeard to when the price might have been maybe #40 to $50 or so.

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.

[1714238169]

1714238169

[1714238169]

1714238169

[1714238169]

1714238169

[1714238169]

1714238169

[Jaycoinz]

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Although I can't vouch for myself as a Bitcoin specialist but I am pretty sure I have learnt a couple of things here on reading the teachings of JayJuanGee and other members here through their conversation and I believe we don't actually have to make it compulsory for us to actually buy the dip in other for us to start an investment and please correct me if not wrong. Bitcoin I believe is an asset that has full potential to grow although it's has some downtrend that is useful if we get to buy then but I think we can also be successful Bitcoin holder if we careful start a good plan and execute it and by good plan I mean using the DCA strategy which requires strategic plan of buying specific or in some case any amount we can afford on a continual basis until our supposed target is reached although some tend to hold for much longer till another ATH is achieve.

And I believe also that you can be very successful in buying the dip but that really doesn't cut it and the real issue is whether if you can hodl it because I tend to perceive that buying of Bitcoin is another and holding of it is also that's why this thread is also here I think, to discuss on various way in which we all can be successful Bitcoin holders through buying the DIP and HODLing.

[Litzki1990]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.

There are many investors who sit to watch the market at $100,000 but are afraid to invest at $35,000. Before investing, if we think that we will invest if the price goes down, they should have the idea that we are waiting for the price of bitcoin to come down. Those who wait to invest when Bitcoin goes from $35,000 to $45,000 or $50,000 will regret it as much as they did when Bitcoin went from $20,000 to $35,000.

Instead of always waiting for opportunities, sometimes you have to create opportunities. The market can move in any direction at any time and if we can't invest then how can we hold that investment for a long period of time. 

I have invested yes I know the initial stage of investing is a bit difficult but even though it is difficult an investor has to go through that stage. If the investor takes so much time to get past the initial stage, when will he hold the investment and reap the benefits of that investment. 

Investing in Bitcoin was a good opportunity when it was at $20,000. Now the price of Bitcoin is at $35,000.
I think it is also a good opportunity to invest. Those who are planning to hold bitcoin deeply should definitely invest in bitcoin because you won't regret it if the price of bitcoin rises again. Take the risk of investing when Bitcoin is worth $35000 and hold it deep, you'll be proud of yourself at some point, no regrets.

[Popkon6]

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Are you buying in dip to make profit in a short time or buying dip to accumulate more. Well it's up to you. But I think dip is an advantage for you to aquare more. no time is too late because you might think #35k is too high to be called dip probably tomorrow you regret why not buy at $35k as dip compeard to when the price might have been maybe #40 to $50 or so.

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.

Especially those who invest in Bitcoin invest in Bitcoin by weekly or monthly amounts. They never expect to buy bitcoins because the price of bitcoins will increase. An ideal investor invests for the long term because they start investing with the future in mind. One should never invest in bitcoins for small profits, as the chances of facing losses are very high. But if you invest by following DCA method for long term, the risk is definitely much less. Hence DCA method is an ideal method.

[Justbillywitt]

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Until bitcoin crosses it's ATH we are still in dip. Most people don't understand that one thing that makes bitcoin investment interesting is the dip. We are not supposed to see the dip in bitcoin as a bad or a crash as most people who are newbie thinks, but rather we should see every dip as an opportunity to increase our bag. There is a popular saying that if you don't buy the dip you won't sell the top. Whenever I see bitcoin dipping am always happy because I know that after the bear comes the bull. I always feel pain when I don't have more money to invest during the dip, but I make sure I add something to my bag whenever bitcoin dip below the price I bought last.

[Hewlet]

To you the current market situation seems like a normal situation to invest but honestly to me every situation in Bitcoin seems good enough to invest. But we can't predict from which stage the Bitcoin market will go. Just as Bitcoin can move from lows to lows, Bitcoin prices can go from highs to highs. We cannot say anything about the Bitcoin market in advance but by researching the market and observing the market regularly, one can predict the market movement to some extent.  
Investing in Bitcoin and holding it deep is a very challenging thing for every investor but those who accept this challenge and hold their investment deep achieve success.  

it's funny that some persons will wait for moments when they see bitcoin price going up before the thought to invest in bitcoin comes to there mind and like you rightly pointed out, bitcoin price can go up and then up, up and then down, down and then down and so on. so you can't just predict that because it is going up now , this is absolutely the time to invest into bitcoin and when you see the price going down you retreat from your plan on making the investment. It means that if you even successfully make the investment, you can't hodl your bitcoin because in the event of any fluctuation in price, you will let go of your investment.

Real investors sees the prospect of bitcoin and invest a certain amount and leave it for quality amount of time while he monitor the price without getting seriously moved by any fluctuations in price that comes along the way.

[Sim_card]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.

There are many investors who sit to watch the market at $100,000 but are afraid to invest at $35,000. Before investing, if we think that we will invest if the price goes down, they should have the idea that we are waiting for the price of bitcoin to come down. Those who wait to invest when Bitcoin goes from $35,000 to $45,000 or $50,000 will regret it as much as they did when Bitcoin went from $20,000 to $35,000.

Instead of always waiting for opportunities, sometimes you have to create opportunities. The market can move in any direction at any time and if we can't invest then how can we hold that investment for a long period of time.  

I have invested yes I know the initial stage of investing is a bit difficult but even though it is difficult an investor has to go through that stage. If the investor takes so much time to get past the initial stage, when will he hold the investment and reap the benefits of that investment.  

To get started in all investment comes with challengers, but when you are determined to face the challenged that is where your success has started from but when you get scared because of the challenges that the investment has, you will never get started and that becomes a wrong decision because everyone needs an investment to survive on the future. Bitcoin investment is better to get started than sutting down and watching the price of bitcoin
and looking for the right time that you feel is the right time to invest. You will be there watching how other people are getting rich but you are sitting on your poor state waiting for the right time when the right time is now. Butcoin price shouldn't be what should hinfer anyone from investing in bitcoin because no matter the price of bitcoin currently, you can still invest and hodli for long with your regilat DCA to increase your bitcoin, because no matter the price of bitcoin after 4yrs and above, it must still be higher high than what you bought now, since bitcoin price increases with timeline.

this is absolutely the time to invest into bitcoin and when you see the price going down you retreat from your plan on making the investment. It means that if you even successfully make the investment, you can't hodl your bitcoin because in the event of any fluctuation in price, you will let go of your investment.

If bitcoin price is dipping, you don't retreat from buying and that is why it is advisable to always use DCA to continue buying to increase your bitcoin portfolio because you are buying irrespective of the price of bitcoin. The goal is to reach your bitcoin target and when you just hodli without buying, your bitcoin portfolio remains stagnant and don't forget that your profit after a long tern investment depends on your investment size and the timeline. Don't allow little fluctuation make you to panic and make wrong decisions that you will end up regretting. Long term investment is what you should stay focus on and not the little price fluctuations, so that you don't distract yourself from your bitcoin target goal.

I always feel pain when I don't have more money to invest during the dip, but I make sure I add something to my bag whenever bitcoin dip below the price I bought last.

You can start saving from now for the dip, maybe if you can cut down your expenses and keep the money or when you have bonis from your work, you can also save that to prepare yourself for the dip because the dips comes like a thief in the night but when you are prepared, you will take advantage of the opportunity, so that you don't feel any pain that you were not prepared when the next dip comes.

[Jaycoinz]

To you the current market situation seems like a normal situation to invest but honestly to me every situation in Bitcoin seems good enough to invest. But we can't predict from which stage the Bitcoin market will go. Just as Bitcoin can move from lows to lows, Bitcoin prices can go from highs to highs. We cannot say anything about the Bitcoin market in advance but by researching the market and observing the market regularly, one can predict the market movement to some extent.  
Investing in Bitcoin and holding it deep is a very challenging thing for every investor but those who accept this challenge and hold their investment deep achieve success.  

it's funny that some persons will wait for moments when they see bitcoin price going up before the thought to invest in bitcoin comes to there mind and like you rightly pointed out, bitcoin price can go up and then up, up and then down, down and then down and so on. so you can't just predict that because it is going up now , this is absolutely the time to invest into bitcoin and when you see the price going down you retreat from your plan on making the investment. It means that if you even successfully make the investment, you can't hodl your bitcoin because in the event of any fluctuation in price, you will let go of your investment.

Like JayJuanGee have already pointed out times without number, an investor can actually buy the dip and hold their coins and continue watching the market for such opportunity to actually add up to their portfolio because their is always certainty that the market is still going to go down Abit in course to achieve a new height. But also their always another strategy for those of us that are not too strong when it comes to financial means which is the DCA STRATEGY, I mean you can just set a specific amount out of your earning that won't affect you and use that portion to buy Bitcoin regardless if the dips or pumps just continue buying with a certain target or actually buying and HODLing till when convenient enough for you to sell but I would selling portion during a new ATH is achieve. The beauty about this particular strategy is that constant watching of market isn't all that necessary and you always have the dip as advantage thats if you can adjust the rate of your buying during that period and buy more coins because from what I understand the dip always comes with bigger number of Bitcoin if bought.

Real investors sees the prospect of bitcoin and invest a certain amount and leave it for quality amount of time while he monitor the price without getting seriously moved by any fluctuations in price that comes along the way.

What are the qualifications of a real investor? I guess I would say those that has the ability to buy and actually HODL their coins regardless of all the FOMO that others are experiencing.  As an Bitcoin investor the fear of missing out shouldn't be of any effect to you cause, you would have understood the process that the dips are actually an opportunity not to miss selling but a previllegde to  buy more.

[Odohu]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.

The ATH of Bitcoin is $69k and price is still below this price. Until price breaks this high, we are still at a good price to buy. At $35k, Bitcoin have offered 50% discount to anyone who buys now; this is simple mathematics.  Whenever there is any bull run, the first target will be the ATH, this will already put those buying now in 50% profits.

Those of us that embraced the DCA method early are already in overall profits even though that is not the immediate target.  Holding for long term is the ultimate goal and so far, the DCA method has help me inculcate the culture of thinking buy rather than sell.

[Roseline492]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

Perhaps what is even the need of always waiting for the dip before accumulating when you that even if the price of Bitcoin dips we cannot even accumulate a reasonable amount of Bitcoin due to how small our investment portfolio is so I see know reason why price dip should be a determinant of how we can accumulate.

Actually I'm not disputing the fact that buying the dip doesn't have an advantage but what I'm saying is that irrespective of what the Bitcoin price maybe be now  shouldn't be a barrier to your plans of accumulating Bitcoin because just like we saw the price movement consistently on the uptrend this period there is every possibility of the price surpassing the all time high after the halving, however that's when you will realized that you had missed a great opportunity by not accumulating now.

[DaNNy001]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

Perhaps what is even the need of always waiting for the dip before accumulating when you that even if the price of Bitcoin dips we cannot even accumulate a reasonable amount of Bitcoin due to how small our investment portfolio is so I see know reason why price dip should be a determinant of how we can accumulate.

Actually I'm not disputing the fact that buying the dip doesn't have an advantage but what I'm saying is that irrespective of what the Bitcoin price maybe be now  shouldn't be a barrier to your plans of accumulating Bitcoin because just like we saw the price movement consistently on the uptrend this period there is every possibility of the price surpassing the all time high after the halving, however that's when you will realized that you had missed a great opportunity by not accumulating now.

Yeah I agree with you on this taught because some of the folks here seems to make it look as If there is no other way to HODL or have an investment. Like you said  strategic planning or set up of a specific amount from your earning can do the accumulating trick despite the fact that we don't lose track of what we are buying and keep to our plans of buying, we would be surprised to what we can achieve and what your portfolio will read during a long term investment but still note that the during major dips during this time of accumulating can be used as an upper hand to buy more thats if we can afford it to buy big during those period but buying or accumulating Bitcoin at a steady bases is far more easier than actually sitting and waiting for the dip to come before we make our move to buy.

[JayJuanGee]

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Although I can't vouch for myself as a Bitcoin specialist but I am pretty sure I have learnt a couple of things here on reading the teachings of JayJuanGee and other members here through their conversation and I believe we don't actually have to make it compulsory for us to actually buy the dip in other for us to start an investment and please correct me if not wrong. Bitcoin I believe is an asset that has full potential to grow although it's has some downtrend that is useful if we get to buy then but I think we can also be successful Bitcoin holder if we careful start a good plan and execute it and by good plan I mean using the DCA strategy which requires strategic plan of buying specific or in some case any amount we can afford on a continual basis until our supposed target is reached although some tend to hold for much longer till another ATH is achieve.

And I believe also that you can be very successful in buying the dip but that really doesn't cut it and the real issue is whether if you can hodl it because I tend to perceive that buying of Bitcoin is another and holding of it is also that's why this thread is also here I think, to discuss on various way in which we all can be successful Bitcoin holders through buying the DIP and HODLing.

Of course, some of the ideas behind buying the dip and HODL can vary, including figuring out how to interpret such concepts under your own system, and it might not exactly matter what OP might have thought about the significance, even if he did have his own interpretation of it, which surely is a reasonable one.

If some of the initial thoughts of the thread is that the BTC price is going up, but there might be some dips along the way that would be better to buy rather than buying on the way up, but then the idea of HODL could signify that if any of us might be early in our BTC accumulation phases, then it is better to HODL rather than to sell and to expect to be able to buy back at lower prices, but also HODL could be a concept that if you run out of money from buying on dips and the BTC price keeps dipping, then it may well be better to HODL rather than to sell and expect to buy back even lower. but still the concept of HODL on the way down could also be supplemented by some kind of a DCA in the way that cashflow might continue to come in, but there might be questions regarding if the BTC price is going to dip any further, so someone who might have run out of money might decide to DCA with cashflow that is coming in.

These various kinds of BTC accumulation practices can become controversial because guys are going to come to this whole situation from their own framework of what they might believe will work better, which may or may not end up playing out well... and there are tradeoffs to various strategies, even if we might be able to figure out some common goals, guys might still choose to approach their BTC accumulation differently. 

Regarding target accumulation levels, those could change the ways and the extent to which guys would choose to accumulate, and some times guys might mostly transition out of accumulation.. absent some extraordinary circumstances... or even if someone believes that s/he has reached his/her BTC accumulation target, there could be some changes in personal circumstances or even some changes in the market that might contribute towards needs to reconsider whether and/or how to accumulate more BTC.

Bitcoin price is moving up gradually and if you know that you are interested for investing in bitcoin I believe this is the normal time we can invest in the bitcoin, so their no time we invest that is waste of time but the problem is to know when is dip so that you will make a profit in cryptocurrency investment, things I know of bitcoin is that we are not supposed to be believing in the speculation of bitcoin because speculation is one of the things that makes people to invest when they are not supposed to invest in bitcoin

Until bitcoin crosses it's ATH we are still in dip. Most people don't understand that one thing that makes bitcoin investment interesting is the dip. We are not supposed to see the dip in bitcoin as a bad or a crash as most people who are newbie thinks, but rather we should see every dip as an opportunity to increase our bag. There is a popular saying that if you don't buy the dip you won't sell the top. Whenever I see bitcoin dipping am always happy because I know that after the bear comes the bull. I always feel pain when I don't have more money to invest during the dip, but I make sure I add something to my bag whenever bitcoin dip below the price I bought last.

I am not really opposed to anything that you are saying Justbillywitt, yet that expression: "if you don't buy the dip you won't sell the top" sounds like both a traders statement and implying some kind of abilities to figure out what are tops and bottoms... sure no problem with buy on the way down and sell on the way up, but there ar problems with any strategies that try to figure out tops and bottoms, even though sometimes getting some sense of tops and bottoms can help us to figure out likely current BTC price direction... which even that is much easier said than done.. and easier to accomplish by looking back at what happened rather than figuring out where we might be going from here, especially in the short-term.

[Lidger]

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

Perhaps what is even the need of always waiting for the dip before accumulating when you that even if the price of Bitcoin dips we cannot even accumulate a reasonable amount of Bitcoin due to how small our investment portfolio is so I see know reason why price dip should be a determinant of how we can accumulate.

Actually I'm not disputing the fact that buying the dip doesn't have an advantage but what I'm saying is that irrespective of what the Bitcoin price maybe be now  shouldn't be a barrier to your plans of accumulating Bitcoin because just like we saw the price movement consistently on the uptrend this period there is every possibility of the price surpassing the all time high after the halving, however that's when you will realized that you had missed a great opportunity by not accumulating now.

Just as there is no point in getting intelligence after a burglar escapes from home, investing now without holding it deeply is really pointless in regretting it when the price of Bitcoin hits record highs in the future. It is better to take time and use every opportunity. Every opportunity that comes in life should be utilized. Never miss an opportunity, I think those who miss an opportunity are far behind in achieving success in life. Investing and holding deeply has substantial benefits. Perhaps the non-retainer did not fully retain his investment. I would tell him to hold his own investment deeply before making such comments.

To the person who says that holding on to a deep investment is not good, I would say that you invest first and plan to hold that investment for a long time. If you can meet your target, you will later say that the benefits of investing in deep holdings cannot be found anywhere else.

The deeper an investor holds his investment, the more likely he is to make a profit from that investment at the end of a certain period of time. Investing must be for the future, investing must invest in our deep plans

[JayJuanGee]

The ATH of Bitcoin is $69k and price is still below this price. Until price breaks this high, we are still at a good price to buy. At $35k, Bitcoin have offered 50% discount to anyone who buys now; this is simple mathematics.  Whenever there is any bull run, the first target will be the ATH, this will already put those buying now in 50% profits.

Your math on the way down is correct, but your math on the way up is not correct.  Let's look at it.

ATH $69k,

Current price $34,500 - 50% drop in value from ATH - however, ATH = 100% increase in value.

That is ONE of the interesting things about math including the non-use of leverage, the most that we could lose is 100%, but there are a variety of scenarios in which we could end up making more than 100%, which has already happened multiple times in BTC's history and likely to continue to repeat itself.

Anyone who bought BTC below $17,250 made at least 100% when BTC prices went above $34,500, even if they may well chose not to cash out much if any of their BTC, then they end up having options, but they also start to experience more and more the power of exponential growth (and the power of compounding).. because the next doubling, if it ends up taking place to $69k, would end up causing the one who bought below $17,250 to have at least 3x in profits and 4x the original amount. 

Those who were buying in 2015 may well have fairly easily gotten bitcoin for around $250, and so now every time the BTC price goes up $250, their BTC holdings goes up by the amount of their initial investment - and surely if the BTC price keeps going up (no reason to really believe that it won't especially if we might be looking 4-10 years or more down the road), then $250 changes in the BTC price are likely going to be like pennies are today. 

I remember in 2015, I would set my sell orders in $5 or $10 increments, and then I would have a spread of $20 or something like that, so I would buy if the BTC price dropped $10 below my sell amount, and my friend was laughing at me because after fees, I was making like $0.16 or maybe $0.48 of free BTC on each cycle of an order, and so I said that I was just practicing to make sure that my system worked, but if you think about the BTC price currently being around 140x ($35k / $250), so the amounts go up proportionately, and sure maybe even practice might have gone into real play and included some more increases, but it still could end up in free BTC, if they are set up in a way that are somewhat neutral to BTC price moves of buying on the way down and selling on the way up, but selling in such a way that you never deplete your BTC holdings...

and likely these kinds of techniques should ONLY be applied after a person has reached his/her BTC accumulation target and perhaps exceeded the target amount, so there is freedom that comes from being in profits (even 10x or 100x or more) and being overly-accumulated in light of the target.. but then what is the target?, how many BTC is enough?  It could take 15-20 years or longer of investing to get to that level, and surely some folks are coming into bitcoin after already having had built up their investment portfolio in areas outside of BTC, so they may well end up being closer to reaching their BTC target accumulation level as compared with someone who might have just gotten into bitcoin and even someone who had ONLY been in bitcoin less than a whole cycle (which so far has been considered 4 years for each full cycle).

The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.

Perhaps what is even the need of always waiting for the dip before accumulating when you that even if the price of Bitcoin dips we cannot even accumulate a reasonable amount of Bitcoin due to how small our investment portfolio is so I see know reason why price dip should be a determinant of how we can accumulate.

Actually I'm not disputing the fact that buying the dip doesn't have an advantage but what I'm saying is that irrespective of what the Bitcoin price maybe be now  shouldn't be a barrier to your plans of accumulating Bitcoin because just like we saw the price movement consistently on the uptrend this period there is every possibility of the price surpassing the all time high after the halving, however that's when you will realized that you had missed a great opportunity by not accumulating now.

Just as there is no point in getting intelligence after a burglar escapes from home, investing now without holding it deeply is really pointless in regretting it when the price of Bitcoin hits record highs in the future. It is better to take time and use every opportunity. Every opportunity that comes in life should be utilized. Never miss an opportunity, I think those who miss an opportunity are far behind in achieving success in life. Investing and holding deeply has substantial benefits. Perhaps the non-retainer did not fully retain his investment. I would tell him to hold his own investment deeply before making such comments.

To the person who says that holding on to a deep investment is not good, I would say that you invest first and plan to hold that investment for a long time. If you can meet your target, you will later say that the benefits of investing in deep holdings cannot be found anywhere else.

The deeper an investor holds his investment, the more likely he is to make a profit from that investment at the end of a certain period of time. Investing must be for the future, investing must invest in our deep plans

It seems that I had given some seemingly pretty realistic examples of the benefits of ongoing and persistent buying that likely beats out the waiting around kinds of strategies, even if the average cost per BTC might end up being higher for the one who is persistently and consistently buying, but s/he may end up with many more BTC, and sometimes even multiples more BTC than the one who was fuckign around with waiting around and not acting.

[Benedictare]

 Bitcoin price predictions can't be ascertained by anyone either buying short-term or long-term. In buying the long and accumulating it, ginves you assurance of its price going up some day without knowing what the price and how long its going to be. Bitcoin investors should know that when the price is increasing, it's getting more profitable ,as a Bitcoin investor, you should have a plan on when to sell your coin in time to come when is in its peak which value will be added to the coin.
 
 It is good for you to invest with affordable amount suitable for you without having any effect on your income before your salary, for you to grow in Bitcoin investment you must constantly be increasing in  buying the dip which makes you save for your future,it is better to dip at anytime you have finances on you no matter how small not waiting until you have a lot of money because any time is the right time to invest.

[Dr.Bitcoin_Strange]

buy big during those period but buying or accumulating Bitcoin at a steady bases is far more easier than actually sitting and waiting for the dip to come before we make our move to buy.

Yes, you are right. I think I have also made the same statement here over and over again: it's better to keep accumulating consistently than take a pause and wait for a big dip to come. The price of Bitcoin is never 100% accurately predicted, and sometimes even after making some speculation, a reversal can be the case, and at that point in time, the investors who were waiting for a dip can end up with a higher price than they had speculated, which will cause them to buy less of Bitcoin than they would have been able to accumulate with the capital they had. Every investor should not just neglect the DCA strategy.

[summonerrk]

The prerequisite for investing and holding it for long is to first build courage in your mind and develop the mentality to take maximum risk in the right place. When you have courage in your mind and inclination to take risks, you can invest and hold it for a long time.

Keep your investment for long term and set yourself a goal I tell you your investment will never let you down but will give you better than your expectations.

While you make a plan to hold and be able to get more bitcoins for yourself, many obstacles will come along the way to make sure that your target is missed. As you plan, make room for flexibility when necessary, so if your plans go sideways, or is being wrecked by challenges, you will only be bothered by change in plans, not a change in goals that you have set for your investment. Changing the plan happens, but changing the goal of investment should not happen except it is to set a higher goal.  

The financial foals should be parted into two, short-term and long-term goal then only it is possible to achieve them one by one but most of the retail investors including crypto community set their goals longer but they miss to see the obstacles in the near future such as sudden changes in the market which will make them to panic and make wrong choices which will go against what they planned initially.

Yeah, but we are not talking about crypto here.  Fuck crypto.  We are talking about bitcoin in this thread, and quite a few of the long term principles fit with bitcoin, but if you try to apply the same principles to some vague bullshit ideas and who the hell knows what you are even talking about if you use the term "crypto?"  

If you meant to say "bitcoin" then why didn't you in order that we can at least know what you are posting about?   Are you posting about bitcoin or something else?  You did not use the word bitcoin at any one point in your post.

There are people who still apply the principles of investing in bitcoins to every other cryptocurrency. It is a big mistake because due to the misunderstanding, so many people find themselves holding on to many useless cryptocurrency because they heard or read a certain advice to bitcoin investors to hold their coins as long as they can, so they think that it is applicable to cryptocurrency in general. These people are exerting energy to keep the wrong coin, and they will surely regret their actions when they learn their mistake.

I agree that we shouldn’t waste your time on anything other than Bitcoin. I believe that even if he showed himself poorly in the moment with the Ordinals, his price will fly into the sky in any case, even if it takes many years. Even then, it will be ranked as the number one rare cryptocurrency. Therefore, my faith in him is strong.
I believe that the line between a trader and a holder is very thin. Yes, it lies in the frequency of transactions in the market. But if I can buy once a month with a pending order at the lows, and once a month sell at the highs (rarely too) - am I a holder or a trader?

A trader has more exposure to the crypto currency market than a regular holder would because of the frequency of interacting with the Blockchain for transactions.
A holder knows nothing more than to HoDL and if they are disciplined enough, can and should HoDL for a couple of years without paying heed to market trends of whale signals or halving in the least

A holder would buy the dip or buy otherwise because they believe more in the outcome than in the currency market situation.

For any beginner, there is no better strategy than HODL, and every time he enters the analogs of the blockfolio application, he will be glad of the green percentages, meaning that the price of bitcoin has increased. But if you want to increase the number of bitcoins in your wallet like I do, then you will be happy with any market movement - because if the price falls, it means you will buy cheap bitcoin soon. And personally, I like this state of affairs much more. And now people who panic at the declining price of bitcoin seem a little ridiculous

[ginsan]

Bitcoin price predictions can't be ascertained by anyone either buying short-term or long-term. In buying the long and accumulating it, ginves you assurance of its price going up some day without knowing what the price and how long its going to be. Bitcoin investors should know that when the price is increasing, it's getting more profitable ,as a Bitcoin investor, you should have a plan on when to sell your coin in time to come when is in its peak which value will be added to the coin.
 
 It is good for you to invest with affordable amount suitable for you without having any effect on your income before your salary, for you to grow in Bitcoin investment you must constantly be increasing in  buying the dip which makes you save for your future,it is better to dip at anytime you have finances on you no matter how small not waiting until you have a lot of money because any time is the right time to invest.

Everyone can predict that the price of Bitcoin will rise with their respective analysis, but of course there is no accurate prediction about the price of Bitcoin, because market conditions will depend on the increase in buyers who will make the price of Bitcoin rise. Well, in long-term investing we will go through many obstacles in terms of increases or decreases, but in this context we will not fix the price. But we must continue to buy regularly with the dca strategy, and take advantage of cheap price moments to accumulate more Bitcoin. Maybe in the main process of investing, of course they will not determine when they will go out of their planning, but to grow their enthusiasm for investing, of course they will continue to buy and buy.

Even when investing in the long term, sometimes we are hit by boredom because prices continue to decline, which can influence us to make fatal decisions and that is what we must avoid when planning long-term investment. Success only belongs to those who are patient and continue to accumulate and survive in all market conditions. I think you have to learn to invest properly if your target is for the long term. If you think about the exit target from your investment planning then your planning can fail miserably if you want to enjoy small profit when prices rise.

[suzanne5223]

Bitcoin price predictions can't be ascertained by anyone either buying short-term or long-term.

Bitcoin price can be ascertained through market analysis though the predictions are not always accurate due to the nature of the market volatility, level of demand, and supply.

In buying the long and accumulating it, ginves you assurance of its price going up some day without knowing what the price and how long its going to be.

We can how long the market is going to go up through the use of the Bitcoin 4-year cycle which always replicates when the block is halved and through mining difficulty.


 

Bitcoin investors should know that when the price is increasing, it's getting more profitable ,as a Bitcoin investor, you should have a plan on when to sell your coin in time to come when is in its peak which value will be added to the coin.

There's nothing bad in making a profit but investors need to understand that Bitcoin is going to the verge where the biggest investment companies in the world now vouch for it through the Bitcoin spot ETF.

[Obim34]

it's funny that some persons will wait for moments when they see bitcoin price going up before the thought to invest in bitcoin comes to there mind and like you rightly pointed out, bitcoin price can go up and then up, up and then down, down and then down and so on. so you can't just predict that because it is going up now , this is absolutely the time to invest into bitcoin and when you see the price going down you retreat from your plan on making the investment. It means that if you even successfully make the investment, you can't hodl your bitcoin because in the event of any fluctuation in price, you will let go of your investment.

Real investors sees the prospect of bitcoin and invest a certain amount and leave it for quality amount of time while he monitor the price without getting seriously moved by any fluctuations in price that comes along the way.

It's quite funny how some people apply their strategy in accumulating Bitcoin, in the first place why would I prefer  to buy Bitcoin when the price is making its way to the top instead of purchasing when the price was much lower. When the price is lower I can make a bountiful profit than when the price is in the bull run, meanwhile there is very strong assurance that Bitcoin must surely make its way to the top.
It is right time we acquire some certain knowledge and apply them, everything goes with planning and strategies, we don't just wake up and decide to make investment without studying what is involved in it.
It should be in our utmost plan that when the price is at the DIP or anything less than the last ATH it is a very good time to buy more even if a person is on DCA it still doesn't matter