Buy the DIP, and HODL!

[JayJuanGee]

I agree with you but there is nothing to do when the market suddenly crashes after you invest. Today suddenly the market has crashed so much that after investing I suddenly entered the market and saw a big fall in this case I did not get enough opportunity to do market analysis. Those who want to invest right now can definitely invest in this DIP market and wait for the next Bullrun.

Market now temporarily Crashed, Do Your Own Research (DYOR)

Yup, with these crashes all of a sudden. The market is still giving them opportunity to buy and hold. Because when the price is quite high, all they do is complain that they can't buy it anymore as it is already expensive. But they can still buy even with that price but the quantity of Bitcoin they'll able to get is lesser.

So, with the market crash. Everyone is saying that it is about the latest ugly news about someone's speculation that ETF won't do shit on this market and SEC won't give a go.

Whoever made that news sees that people are still too emotional when some unexpected news like that comes out.

Even why the price has dropped to this level some people won't still buy, they will be waiting to see if the price will fall more than this.
Some people are expert in making some bad news so that there will be panic in the market and people will start selling off, why they will be buying. Only newbies won't understand this tricks. But as an old investor who understands the game that's being played here, it's to buy while others are selling. Moreover Bitcoin will be here and will keep performing with or without the SEC giving it a go. The most important thing is to benefit from this dip by accumulating more.

You speak like an OG.. but your registration is ONLY since the beginning of October.. .. so when did you start accumulating bitcoin?.. How are you planning to play this cycle?  What is your plan?  What is your BTC holdings going to look like in 4-6 years?  I know it can be difficult to project out that far, but at least many of us can attempt to project out for a year, and part of how we project might also be based on what we did in the past .. the last year, the last few years, and then what is our current situation.. how aggressive are we able to be in terms of our BTC accumulation, and do we even have discretionary income and how is that going to change into the future. which is partly based on the past, present and then our projections of how we believe the future might play out.

[Obim34]

I don't see why there is any need, in this thread, to contemplate which shitcoins are less shitty, and yes there can be and have been periods in which some shitcoins have outperformed bitcoin over various select periods of time, and there likely will continue to be periods in which some shitcoins will outperform bitcoin over various select periods of time, but even having said all of that, there still is no reason to get involved in shitcoins, and if you do get involved in shitcoins, take that dumb pump and dump (in and out) talk to another thread... there aren't any shitcoins worth holding in the long term, and if you think that they are, then discuss that somewhere else too.

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

[jossiel]

Even why the price has dropped to this level some people won't still buy, they will be waiting to see if the price will fall more than this.
Some people are expert in making some bad news so that there will be panic in the market and people will start selling off, why they will be buying. Only newbies won't understand this tricks. But as an old investor who understands the game that's being played here, it's to buy while others are selling. Moreover Bitcoin will be here and will keep performing with or without the SEC giving it a go. The most important thing is to benefit from this dip by accumulating more.

True but what they will see is that it is not going to be lower than that. It dropped quickly to $40k and I've seen and then recovered back rapidly to $42k. These drops comes once in a while and there's a purpose of it, some big boats have sink for a while but then floated again.

I agree to all that you've said, it's basically what's happening to the market and will happen again when we're approaching the bull run. It's necessary to have some of these dips and those that have been watching the market should take their moment and be decisive before it full recovers and lands to another price that we've met since 3 years ago.

Newbies can get shaken fairly easily, so part of the volatility is likely caused by folks who are purposefully wanting to shake some newbies.

The other thing is that anyone who is either new to bitcoin or maybe in their first cycle are likely to be in a BTC accumulation phase, so they should love to be able to get bitcoin for lower prices. .and of course, it is not necessarily easy to keep buying as the income comes in, but there could be some positive thoughts, and of course, you jossiel are likely getting on two cycles, and sure it is possible that you are still accumulating bitcoin or that you made several mistakes along the way, and so it can take a while to get out of accumulation phase, even for someone who has been into bitcoin for a couple of cycles..... and I had given those kinds of examples in the past of someone who had been accumulating more aggressively compared  to someone who had not and even compared with someone who made some mistakes along the way and started accumulating more aggressively at later dates...

I've made a lot of mistakes but I'm still accumulating and I think that I'll keep doing it as long as I live. But this time, when I see these quick crashes, it's no longer painful to my heart honestly. But way back years ago, believe me that it's like that someone's crushing my heart whenever I see it.

Those mistakes and experiences really have helped me to get over these scenarios and I am sure that everybody does that have been here for quite a while.

so even someone who has been around for a while, they might have spent their first few years in bitcoin without a very good or focused plan.

That's true and those moments have taught us a lot, it was a great experience and I am sure that there will be greater up to the greatest moments of our lives as we stay.

[Justbillywitt]

I agree with you but there is nothing to do when the market suddenly crashes after you invest. Today suddenly the market has crashed so much that after investing I suddenly entered the market and saw a big fall in this case I did not get enough opportunity to do market analysis. Those who want to invest right now can definitely invest in this DIP market and wait for the next Bullrun.

Market now temporarily Crashed, Do Your Own Research (DYOR)

Yup, with these crashes all of a sudden. The market is still giving them opportunity to buy and hold. Because when the price is quite high, all they do is complain that they can't buy it anymore as it is already expensive. But they can still buy even with that price but the quantity of Bitcoin they'll able to get is lesser.

So, with the market crash. Everyone is saying that it is about the latest ugly news about someone's speculation that ETF won't do shit on this market and SEC won't give a go.

Whoever made that news sees that people are still too emotional when some unexpected news like that comes out.

Even why the price has dropped to this level some people won't still buy, they will be waiting to see if the price will fall more than this.
Some people are expert in making some bad news so that there will be panic in the market and people will start selling off, why they will be buying. Only newbies won't understand this tricks. But as an old investor who understands the game that's being played here, it's to buy while others are selling. Moreover Bitcoin will be here and will keep performing with or without the SEC giving it a go. The most important thing is to benefit from this dip by accumulating more.

You speak like an OG.. but your registration is ONLY since the beginning of October.. .. so when did you start accumulating bitcoin?.. How are you planning to play this cycle?  What is your plan?  What is your BTC holdings going to look like in 4-6 years?  I know it can be difficult to project out that far, but at least many of us can attempt to project out for a year, and part of how we project might also be based on what we did in the past .. the last year, the last few years, and then what is our current situation.. how aggressive are we able to be in terms of our BTC accumulation, and do we even have discretionary income and how is that going to change into the future. which is partly based on the past, present and then our projections of how we believe the future might play out.

Yes my account might be very new, but I already know about Bitcoin before now, just that I have been reluctant about it. My friend first introduced me t o Bitcoin many years ago I think 2013 or 2015 but I couldn't see the future he was seeing back then. So many times he has been telling me how things goes around, with some big whales trying to manipulate the market with bad news which might make people to sell off. This stucked with me all these years. I make my first Bitcoin investment in 2021 but I was a paper hand back then and I sold off after making a few dolla rs profit. But I started accumulating again early last year around January 11 and ever since then it has been a great experience. I finally saw the future that my friend saw in Bitcoin as far back when he introduced me to it. So I have been accumulating on daily, weekly and monthly basis depending on how money gets into my hand. I never knew about this forum until late September last year. I decided to get in the forum early October of last year. Yes at some point I have had some aggressive buy as I want to make up for the years I wasted when I was first introduced and for selling the little one I had in 2021. This time around I have decided to keep accumulating as I am able to until my son who is just 6 years old turns 12. I don't have much pressure on me financially as I have a paid job and my wife is also working and I have a business that fetch me money. I also do some research about how the market works. That's why I speak like an OG. My experience is more than my forum account.

[G_Besar]

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

Bitcoin is not only worth investing in, but it is also worth continuing to keep and collect as a valuable asset now that Bitcoin has grown satisfactorily for more than ten years. So there is no need to bother ourselves with thinking about more other coins at this time, although some people can still get temporary profits through other coins in the short term or during improving market conditions.

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

[JayJuanGee]

Newbies can get shaken fairly easily, so part of the volatility is likely caused by folks who are purposefully wanting to shake some newbies.

The other thing is that anyone who is either new to bitcoin or maybe in their first cycle are likely to be in a BTC accumulation phase, so they should love to be able to get bitcoin for lower prices. .and of course, it is not necessarily easy to keep buying as the income comes in, but there could be some positive thoughts, and of course, you jossiel are likely getting on two cycles, and sure it is possible that you are still accumulating bitcoin or that you made several mistakes along the way, and so it can take a while to get out of accumulation phase, even for someone who has been into bitcoin for a couple of cycles..... and I had given those kinds of examples in the past of someone who had been accumulating more aggressively compared  to someone who had not and even compared with someone who made some mistakes along the way and started accumulating more aggressively at later dates...

I've made a lot of mistakes but I'm still accumulating and I think that I'll keep doing it as long as I live. But this time, when I see these quick crashes, it's no longer painful to my heart honestly. But way back years ago, believe me that it's like that someone's crushing my heart whenever I see it.

Those mistakes and experiences really have helped me to get over these scenarios and I am sure that everybody does that have been here for quite a while.

To me it seems to become a lot easier to bear the ups and the downs once you are mostly in profits and/or you have also accumulated a quantity of bitcoin that you realize that you would not be able to accumulate again, so there may well be some feelings that you do not want to sell much if any because you would not be able to accumulate them again very easy.

Of course there may be some other reasons that the decently large fluctuations in the BTC price get easier to bear.. ..

so even someone who has been around for a while, they might have spent their first few years in bitcoin without a very good or focused plan.

That's true and those moments have taught us a lot, it was a great experience and I am sure that there will be greater up to the greatest moments of our lives as we stay.

There are some guys that do not learn, and sometimes it takes them a lot longer to get some kind of a bitcoin focus.  I hate to presume that everyone should have to do it in similar ways, because in terms of dollars, there are a quite a few shitcoins that have performed better than the dollar, and surely in the short term there is no guarantee that bitcoin will outperform various shitcoins, and we see it on a fairly frequent basis that shitcoins are pumped for their being able to outperform bitcoin, and I have difficulties understanding how guys can keep very large portions of their wealth in any of the shitcoins.. but if we all thought the same, the world would be a boring place.. and sometimes the misinformation, disinformation or even the distractions with various shitcoins does end up allowing some abilities to buy more bitcoin at lower prices, not that I am wanting lower BTC prices, but sometimes we can recognize and appreciate some benefits with the lower BTC prices allowing the regular guy accumulators to accumulate more cornz.

[edited out]

Yes my account might be very new, but I already know about Bitcoin before now, just that I have been reluctant about it. My friend first introduced me t o Bitcoin many years ago I think 2013 or 2015 but I couldn't see the future he was seeing back then. So many times he has been telling me how things goes around, with some big whales trying to manipulate the market with bad news which might make people to sell off. This stucked with me all these years. I make my first Bitcoin investment in 2021 but I was a paper hand back then and I sold off after making a few dolla rs profit. But I started accumulating again early last year around January 11 and ever since then it has been a great experience. I finally saw the future that my friend saw in Bitcoin as far back when he introduced me to it. So I have been accumulating on daily, weekly and monthly basis depending on how money gets into my hand. I never knew about this forum until late September last year. I decided to get in the forum early October of last year. Yes at some point I have had some aggressive buy as I want to make up for the years I wasted when I was first introduced and for selling the little one I had in 2021. This time around I have decided to keep accumulating as I am able to until my son who is just 6 years old turns 12. I don't have much pressure on me financially as I have a paid job and my wife is also working and I have a business that fetch me money. I also do some research about how the market works. That's why I speak like an OG. My experience is more than my forum account.

Fair enough, and yes many of us know that it can take many touches with bitcoin before its value (and/or its investment thesis) really sinks into our heads, so it is good to know that you are going on 1 year in terms of being serious about bitcoin, and also your past experiences will likely continue to form you in some kinds of ways (hopefully for the better).

But yeah many of us make many mistakes along the way, and hopefully we learn how to lessen the quantity or the negative impacts of some of our future mistakes, and neither the world nor our ways of interacting are going to present us with black or white answers, so we should be attempting to find ways that harmonize with our own situation... and yes, bitcoin does seem to be a good vehicle for hedging in regards to many negative things in the world and also including that we have to still be careful not to overdo it, because in 6 years, I would like to find out if you have been able to continue with your accumulation goals and to get some kind of a status update that involves you continuing to have coins that build into the various options that you will have at that time... and yeah, we cannot know if BTC might be at a similar price as today or if the price might be multitudes or even magnitudes higher than today.

I don't really claim to know, but my entry-level fuck you status chart shows that less than 16 BTC may well be enough for entry-level fuck you status at the time of late 2029, and if we add another 6 years to late 2035, it looks like a little more than 6 BTC would be enough for the same.. so I am not sure if any of those numbers are within reach for you, and of course, your own entry-level fuck you status might be based on different numbers.. I was just wanting to use $2 million since in 2020 it became understood that $2 million became the new millionaire status. .. yet in the end we likely realize that anyone investing into bitcoin for 4-10 years or longer will have pretty decent chances of being better off for having had chosen to invest into bitcoin as compared to having had chosen to not invest into it... again no guarantees.

[Richbased]

I don't see why there is any need, in this thread, to contemplate which shitcoins are less shitty, and yes there can be and have been periods in which some shitcoins have outperformed bitcoin over various select periods of time, and there likely will continue to be periods in which some shitcoins will outperform bitcoin over various select periods of time, but even having said all of that, there still is no reason to get involved in shitcoins, and if you do get involved in shitcoins, take that dumb pump and dump (in and out) talk to another thread... there aren't any shitcoins worth holding in the long term, and if you think that they are, then discuss that somewhere else too.

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

Inasmuch as shitcoins are just pump and dump like they don't have that volatility as compared to Bitcoin that can stand the test of time, so fuck shitcoins as they can not be hodl for a long interval of time so definitely they ain't worth investing on. It is important to hodl as many bitcoin as one can be able to hodl as against the upcoming bull run because their is really gonna be a massive pump in the price of Bitcoin though we're still awaiting spot Bitcoin ETF approval few days from now. Definitely if it is approved then Bitcoin adoption is gonna be massive since Bitcoin will gain recognition by standard monetary organizations.

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

The DCA strategy has been a very good recommended way of hodling Bitcoin but however the skyrocket of Bitcoin price seems to be affecting us that are DCA because it is very difficult to buy and hodl Bitcoin at same amount we bought it last time but notwithstanding, the DCA has really been a good strategy so far regardless of the fluctuations in the price of Bitcoin as that's the only way to keep our Bitcoin investment active.

[Mayor of ogba]

We need to cultivate the habit of investing and carefully handling the money that we have invested in bitcoin. They say the habit is formed after three times, and that's how I learned to save and invest. I am not rich, and I think the amounts of my first monthly investments would make you smile, but nevertheless I am now also in business, and recently I managed to replenish my wallet so that I do not believe looking at my Trust Wallet.
You are right, you cannot sell at the first growth of any token in a long time, and of course bitcoin. Today he pleasantly surprised us all, as he has in recent weeks, and this is great, because now is the time of miracles. And friends, I want to tell you that I am proud of myself that I am not investing in strange altcoins, but in the first and main crypto coin - BTC.

When I reconsidered my entire journey as an investor, I realized that I was tired of looking for new coins, listening to the advice of “professionals” and at the same time losing money every time on unsuccessful investments, then I decided not to chase an insane increase in my deposit, but simply invest in Bitcoin.
And only into him.
Oh, friends, how much criticism I have heard addressed to me!
“Everyone multiply deposits by 100 times until your Bitcoin makes x 2.” And a lot of similar things.
BUT all this was at a price of 28k.
What is our price now?
And where are these advisers?
They shut up now.

And I want to add that I really like investing in Bitcoin because I am always calm, because I know that various altcoins will die, and Bitcoin is the last immortal stronghold.

Agree with you that only Bitcoin is worth holding for the long term. I don't believe their talk on social media where they make shitcoins their target to get a fast roi but in the end they lose their money when the carpet pull is done. Be wise in investing because making money is very difficult in the current era and of course 1 coin and that's Bitcoin which is worth buying and holding for decades to come.

There have been many cases that happened to those who bought shitcoins but they really didn't realize how to correct their mistakes. As we have seen, Bitcoin has a good trend in its price movements and that is an opportunity for us to continue accumulating Bitcoin at low prices. Advising them sometimes doesn't mean much but I always say stay away from shitcoins because everyone has made mistakes and that's a meaningful experience that can change someone's thinking.

No matter how long you keep advising some of these people not to invest in shitcoins they will never listen till when they eventually fall victim of rug pull in projects that doesn't worth investing on. I keep wondering what usually motivate them to make such decisions. Why not invest in Bitcoin and relax, some want to get quick roi which is not a guarantee at the same time expose themselves to high probability of losing their capital invested in these shitcoins. Since I know Bitcoin investment, people who invested in it and hodl for long always win. If people always win in Bitcoin investment in the end why won't ever investors both new and old just stick to Bitcoin alone.

Bitcoin was created for everyone by Satoshi, but we cannot force people to adopt it if they don't want to use it. Most people find their way into the crypto space with no mentor to guide them on how important Bitcoin is and they think it is too late to invest in bitcoin, while some people are looking for where they will get x20 in the short term, not knowing that investing in shitcoins will only make them lose their money because they are gambling and not sure of winning. The manipulation in shitcoin is too much, for instance, if a shitcoin has a $500k market cap some whales can push the market cap to $2m, and once those whales sell their token you will see the shitcoin will do -70% from its price, and if you don't sell that shitcoin before those whales sold their holding, you will lose your money on that shitcoin investment because the shitcoin has been dumped where it will never recover from its price. In bitcoin investment, you just need bitcoin knowledge and funds to use and invest in bitcoin with the DCA strategy, and no one will manipulate you or take liquidity on your head.

[FinePoine0]

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

[Publictalk792]

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

It is good that you are committed to sticking with your investment plan and not letting greed affect your decisions. By thinking about the longterm benefits and not selling your bitcoins for quick money, you are setting yourself up for potential success. It is important to be disciplined when investing and believe in the longterm potential of your investment.
And while using DCA method if anyone is caring about the price of the Bitcoin so he/she is on the wrong side. I also never care about what is the price of Bitcoin I just accumulate my Bitcoins.

[Justbillywitt]

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

It is good that you are committed to sticking with your investment plan and not letting greed affect your decisions. By thinking about the longterm benefits and not selling your bitcoins for quick money, you are setting yourself up for potential success. It is important to be disciplined when investing and believe in the longterm potential of your investment.
And while using DCA method if anyone is caring about the price of the Bitcoin so he/she is on the wrong side. I also never care about what is the price of Bitcoin I just accumulate my Bitcoins.

I consider my Bitcoin accumulation as if am building a  project. Irrespective of the cost of building materials in the market at the time I want to purchase,I will buy it like that without asking much question or saying let me wait till the cost of materials go down. My target is just to complete the project no matter how long it takes. It is also important that we set target for ourselves, like from this time frame to this time, I want to accumulate two to three Bitcoin and add to my, this will enable us know if we are making progress in Bitcoin accumulation or not. I think this will keep us in check to know if we are investing right amount or increase our budget.

[Odohu]

Most people find their way into the crypto space with no mentor to guide them on how important Bitcoin is and they think it is too late to invest in bitcoin.

There is little mentors can do about holding Bitcoin for long because most people panicking and selling are already aware of the benefits of holding for long. As a matter of fact, they know that there are people who have made decent amount of money by holding Bitcoin from its early days. Without being told, they already know that buying Bitcoin during bear season and holding until bull season within a cycle of few years will make them make some good profits.

According to 1miau,  HODL is purely a mental challenge. If you go through that submission, you will agree that the mentality of the hodler play an important role for a successful Bitcoin holding. There may be other factors that contribute to successful Bitcoin holding as well, such as planning both your finances and when/how to buy.

while some people are looking for where they will get x20 in the short term, not knowing that investing in shitcoins will only make them lose their money because they are gambling and not sure of winning. The manipulation in shitcoin is too much, for instance, if a shitcoin has a $500k market cap some whales can push the market cap to $2m, and once those whales sell their token you will see the shitcoin will do -70% from its price, and if you don't sell that shitcoin before those whales sold their holding, you will lose your money on that shitcoin investment because the shitcoin has been dumped where it will never recover from its price. In bitcoin investment, you just need bitcoin knowledge and funds to use and invest in bitcoin with the DCA strategy, and no one will manipulate you or take liquidity on your head.

The risk of investing in shitcoins are numerous. Obviously, shitcoins are created to steal people's money and they do that through different practices, some of which you already mentioned. 90% of those losing money in cryptocurrency had their encounter in shitcoins. That is why I will not encourage anyone to invest in shitcoins. 

[Salahmu]

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

That's the spirit mate because the only way you can totally eradicate your mind from being influenced by Bitcoin price movement is by focusing on the future of Bitcoin because what always affect most investors is that there mindset is always on the possibility of getting profits on a short time, so perhaps one of the things about investment is having the planning and sticking to the plan no matter the unforseen circumstances that could arise because I have seen most investors who uses DCA as their method of accumulating Bitcoin but whenever they sees Bitcoin price increases above there entering points, the first thing that comes to there mind is selling there Bitcoin and waiting for the Bitcoin price to drop a bit so that they could buy again, which is actually bad for an investors whose intentions are for for long time holding because at that time they are no longer a holder but Bitcoin price chasers, so actually irrespective of using DCA in times of Bitcoin accumulation with the intentions of holding for long, there most be an intentions to stick to the planning and holding the Bitcoin no matter the unforseen circumstances thatay arises.

[Mayor of ogba]

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

For me, I will continue with the DCA strategy in accumulating my bitcoin even though the bitcoin price gets to $50k, there will always be a pullback in the bitcoin price, like what happened to the bitcoin price a few days ago. In investment, do not allow emotion to take control of you, because you might end up making a mistake that would spoil your accumulation plan. And I will be buying less bitcoin as the price is going high, and buying more bitcoin as the price goes lower.

[Taskford]

I agree with you but there is nothing to do when the market suddenly crashes after you invest. Today suddenly the market has crashed so much that after investing I suddenly entered the market and saw a big fall in this case I did not get enough opportunity to do market analysis. Those who want to invest right now can definitely invest in this DIP market and wait for the next Bullrun.

Market now temporarily Crashed, Do Your Own Research (DYOR)

Yup, with these crashes all of a sudden. The market is still giving them opportunity to buy and hold. Because when the price is quite high, all they do is complain that they can't buy it anymore as it is already expensive. But they can still buy even with that price but the quantity of Bitcoin they'll able to get is lesser.

So, with the market crash. Everyone is saying that it is about the latest ugly news about someone's speculation that ETF won't do shit on this market and SEC won't give a go.

Whoever made that news sees that people are still too emotional when some unexpected news like that comes out.

Even why the price has dropped to this level some people won't still buy, they will be waiting to see if the price will fall more than this.
Some people are expert in making some bad news so that there will be panic in the market and people will start selling off, why they will be buying. Only newbies won't understand this tricks. But as an old investor who understands the game that's being played here, it's to buy while others are selling. Moreover Bitcoin will be here and will keep performing with or without the SEC giving it a go. The most important thing is to benefit from this dip by accumulating more.

You speak like an OG.. but your registration is ONLY since the beginning of October.. .. so when did you start accumulating bitcoin?.. How are you planning to play this cycle?  What is your plan?  What is your BTC holdings going to look like in 4-6 years?  I know it can be difficult to project out that far, but at least many of us can attempt to project out for a year, and part of how we project might also be based on what we did in the past .. the last year, the last few years, and then what is our current situation.. how aggressive are we able to be in terms of our BTC accumulation, and do we even have discretionary income and how is that going to change into the future. which is partly based on the past, present and then our projections of how we believe the future might play out.

That means he's not new on cryptocurrency and maybe he's away in this forum for long time then just recently discover this good place then decide to stay here. Since see a lot of cryptocurrency dude outside of this forum participating on trading and any crypto related activities but when I asked them if they are familiar with this forum the say no. Its surprising but we know there's a lot of them exist.

Its really difficult to project since we don't know the possible outcome since the only thing we do is to speculate base on the events to come but atleast we try to take our participant to look on what will happen in future. Also I guess the aggression to accumulate will always depend on the budget of each people since they might became more aggressive when there's a fund to spend.

But what good thing is we have good insights about what might happen in future and its up to the people now on how they play their role also how they can accumulate base on their allocated budget for investment.

[2Pizza410000BTC]

I do not think we are saying something different, I never made mention about investing in any of those shitcoin it was a clear response to the user so no worries about spreading the ideas oof investing in them.
Bitcoin has dominated the market not because it was just the first cryptocurrencies but due to.its potential beyond every other cryptocurrency, with all this Bitcoin is worth investing.

Bitcoin is not only worth investing in, but it is also worth continuing to keep and collect as a valuable asset now that Bitcoin has grown satisfactorily for more than ten years. So there is no need to bother ourselves with thinking about more other coins at this time, although some people can still get temporary profits through other coins in the short term or during improving market conditions.

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

I am investing Bitcoin using DCA method. I am investing $48+ per week with DCA method because my main goal is to grow bitcoin investment. I currently have $522 worth of bitcoins in my investment portfolio. When the Bitcoin market crosses $45000 my portfolio invested in the DCA method increases significantly. Currently at $42000 bitcoin my bitcoin investment portfolio is down a bit. But I'm not worried about it at all because I'm investing in Bitcoin for the long haul. I did not invest to trade. I want to invest like this till the new ATH of Bitcoin is made. I will be able to invest in Bitcoin from many dips this week. Because the Bitcoin market has gone down a lot.

[Gallar]

~Snip

Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

If I invest for the long term I will never care about the price of Bitcoin. That's why don't worry I am investing by following DCA method regularly, since it will be a long term investment so it will not depend on where the market will go. Only I will make sure that I continue my investment in DCA method. If I think about the benefits then surely greed will work inside me, and because of greed I may decide to sell my bitcoins, but the decision to sell bitcoins will be wrong. So I will never accept such a plan. 
I will invest my bitcoin for long term and that is in DCA method.

I agree with you, friend. A bitcoin investor who truly invests in the long term and uses the DCA technique in his purchases, does not need to think about the current market price of bitcoin. Because if you think deeper, when bitcoin investors do DCA, it seems as if they are continuing towards a predetermined goal. Therefore, to achieve this goal successfully, it means that bitcoin investors (who carry out DCA) must not stop or be influenced by anything in the process of their journey. Because if a bitcoin investor stops or is affected by it, he will definitely fail and have to start again from zero on his journey (DCA).
And the influence I mean here is the bitcoin market price which is currently experiencing an increase.

But to be honest, fighting this influence is not easy. Because I have the assumption that most bitcoin investors basically have the goal of seeking profits as quickly as possible. Meaning, "when there is an opportunity to make a profit, why delay or pass it up?" Therefore, when the bullish market ends/subsides, usually the price of bitcoin always experiences a significant price decline. Well, this is bound to happen because many Bitcoin investors are selling their assets. That's why the price of bitcoin has decreased.
Therefore, I assume many bitcoin investors tend to take profits when the opportunity arises.

However, bitcoin investors who carry out DCA with the correct essence. I am sure, they will not be affected by the market value of bitcoin (up or down). Because they already had a strong goal from the start. So that when they are carrying out the DCA process, they will not be deterred. And maybe you are one example, friend.

[jrrsparkles]

~
Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

This is just the beginning and we are still far heights to reach in this bull run and my expectation 130K-150K which I mentioned earlier in this thread and Bitcoin will comfortably reach that value as the next ATH. So anyone who is accumulating bitcoin don't be shaken due to downslides from 45K to 42K or whatever comes in the short term.

[FinePoine0]

People tend to make the mistake of investing little amount of money into buying  Bitcoin and lay their hope on getting huge profit within a limited time frame forgetting the higher amount invested the greater your profits.
The DCA has made it very easier for small investors to venture into the market and still make profit, despite the DCA approach being a long term strategy but you don't blame oneself as not being efficient enough to buy in bulk. Of a truth the market is most favorable to whales as a 10% up in price is already giving them good profits per what they invested.

There is no specific amount required to invest in Bitcoin. Nowhere is it written that investing in Bitcoin requires a huge amount of money to be invested. Anyone can start investing in Bitcoin with any amount of money.
There are also people who start investing in Bitcoin with a very small amount of money in the beginning and gradually increase it later.

I had a friend who knew about Bitcoin a long time ago and had a very good understanding of Bitcoin and is now a successful investor. When I asked him the reason behind his investment success, he told me that the first day he invested in Bitcoin, he started investing with just $27.He was then working in a government job and withdrawing money from there to invest in bitcoins.He used to work in the government and got a monthly salary of one hundred and fifty thousand taka, ie 1500 dollars. For the first year, he invested $70 per month.The following year he increased that to $100 and he increased his investment by $30 per month every year. Thus he invested in Bitcoin for 8 years.

Currently he has accumulated houses, cars and land with his Bitcoin investments. After seeing his success I now regret why I didn't start investing Bitcoin with him.
But I am following his investment approach and investing in Bitcoin and I hope to continue to do so in the future.

Bitcoin investment has no fixed budget, an investor will start investing according to what he can afford. Maybe $10 to $15 but investing regularly weekly or monthly will definitely increase the amount of wealth. The most important thing is to continue investing in a regular DCA method, the longer the investment age in Bitcoin, the more Bitcoin it is possible to own.
I have decided and planned to continue investing in this Bitcoin till 2030. Because I can see that Bitcoin has almost doubled in the last one year (2023). Because the more I invest the more my wealth grows.

[Wind_FURY]

~
Now those who continue to apply the DCA strategy and do Buy the DIP, and HODL have felt the benefits quite clearly because Bitcoin has exceeded the price of $45K even though it has now returned to $42K with slow movement. But I am also quite sure that the price movement to $45K is still quite open for Bitcoin because this year is still a pretty good year for Bitcoin and its holders.

This is just the beginning and we are still far heights to reach in this bull run and my expectation 130K-150K which I mentioned earlier in this thread and Bitcoin will comfortably reach that value as the next ATH. So anyone who is accumulating bitcoin don't be shaken due to downslides from 45K to 42K or whatever comes in the short term.

During 2019 to 2020, only a handful of people in the forum would post confidently that their expectations for Bitcoin would be to reach six digits. Many of the other users, although maybe they believed or hoped that it could happen, would never let everyone know what they were thinking probably because they didn't want to sound and look stupid.

Currently, there are many people that have the minimum expectation of $100,000 per Bitcoin. The minimum expectation will be higher and higher as Bitcoin surges higher and higher.