Buy the DIP, and HODL!

[AirtelBuzz]

Everyone has their own strategies for investing and holding investments for a long time. Everyone's strategy for investing and holding the investment for a long time is not the same. One strategy may seem difficult to one, that strategy may be easy to another, but all of us who are investors should adopt our own strategy in holding the investment. There are two difficult steps in investing, firstly investing in the first step and holding that investment for a long time. Just like going to a new place or joining a new job, the first day is a bit difficult for us and we feel nervous, the first step of investing is a bit difficult. We think we should wait more till the first phase investment now is not the right time but after investing the first phase all the fears and apprehensions inside our mind go away.

Everyone has a different investment style but everyone should invest according to discipline. Investors who invest according to the discipline invest according to the discipline of the year reap the benefits of their investment year after year. We all should plan properly to invest. An investment plan is a structured approach based on which you can conduct a proper market analysis of your investment method. But no matter how good the investment plan is, it won't work properly if you don't follow it.

Secondly, it is difficult to hold the investment for a long time because after investing, various challenges will come and many times one's mind will say that the investment should be sold.

Those who are true investors and patient investors will continue their investment despite many challenges and never stop or even sell their investment.
You have to control your emotions while investing otherwise you cannot become a successful investor. People who cannot control their emotions can never hold their investments for long.

Investors be able to build an asset over the long term by doing DCA and it will also reduce the risk of an investors.

The condition of investing in the dollar cost averaging method is that it is a method of investing for the long term. In Dollar Cost Averaging method we start or can start investing in Bitcoin with very small amount of money. If we don't stick with this investment approach for a long time, we will not be successful. By using Dollar Cost Averaging method we can grow our investment gradually and those who understand investment well make their investment for long time. Also Bitcoin investment is not for short term I think Bitcoin investment is for long term.

[1714681710]

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[1714681710]

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[Wind_FURY]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.

https://bitcointreasuries.net/entities/50

I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

However, panic sales are not a new phenomenon in the Bitcoin market, but rather a well-known phenomenon that occurs regularly. Such panic sales before bitcoin halving have been seen many times in the past and we will face such panic sales before halving in the future as well. Grayscale sells 500k bitcoins in the bitcoin market creating a market bloody moment despite the temporary negative impact on the bitcoin market.This is expected to be the biggest dumping in the Bitcoin market before the halving. This may be the best time to invest in Bitcoin for those who are planning to invest in Bitcoin and hold it for the long term. Therefore, those who can use this panic sale and invest and hold Bitcoin at the highest DIP will have a 100% chance of getting potential profit after the halving.

Is that chart saying that a DIP lower than $30,000 has higher probability than expected? That's currently impossible if you ask me. But if Grayscale continues selling until next month, and it starts a panic, then probably that could happen?

[Justbillywitt]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.

https://bitcointreasuries.net/entities/50

I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

Anyone who has been in bitcoin for long and understand the potential in bitcoin, will know that this is the right moment to invest in bitcoin. While others are panicking you are seizing the opportunity but adding to your portfolio. For me this is actually one of those moments an investor need to buy with lump sum, as this opportunity are rare and it doesn't come everytime. With the Bitcoin halving almost at sight, come on guys bitcoin is at a give away price currently. As plebs what we do at this kind of situation is to buy and hodl.

[JayJuanGee]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.
https://bitcointreasuries.net/entities/50
I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

You are not offering specifics.

We already have a dip.  So are you saying buy now or wait for more dip?

[edited out]

Yeah bro it's definitely buy the dip and hold, many folks have really hight expectations for a bull run and if this continues to happen we might end up with a bear market even if just for a few months or might not even happen, by now we all know that bitcoin has continued to tell us that it's unpredictable, things like 4 year theory and many other historical event can't be used to make much predictions again.

But in other not to speak as tho we are sure of a pre-halving dip, let's just be ready for anything, no need to wait for the dip, keep DCA going, and keep that emergency funds in Check cause it would really come in handy soon.

Are you mixing up emergency funds and reserve funds?  Because there should be no expectation to use emergency funds.. but there could be some expectations to use reserve funds, such as for buying on the dip if further dip were to end up happening.

[edited out]

However, panic sales are not a new phenomenon in the Bitcoin market, but rather a well-known phenomenon that occurs regularly. Such panic sales before bitcoin halving have been seen many times in the past and we will face such panic sales before halving in the future as well. Grayscale sells 500k bitcoins in the bitcoin market creating a market bloody moment despite the temporary negative impact on the bitcoin market.This is expected to be the biggest dumping in the Bitcoin market before the halving. This may be the best time to invest in Bitcoin for those who are planning to invest in Bitcoin and hold it for the long term. Therefore, those who can use this panic sale and invest and hold Bitcoin at the highest DIP will have a 100% chance of getting potential profit after the halving.

Is that chart saying that a DIP lower than $30,000 has higher probability than expected? That's currently impossible if you ask me. But if Grayscale continues selling until next month, and it starts a panic, then probably that could happen?

Surely nothing is impossible and currently the 200-week moving average is getting close to $30,500, and so it is not impossible to touch upon the 200WMA again prior to the halvening... but yeah, I personally don't consider very high odds of going down that far, and surely even if we end up going below $35k, further dips might largely end up being quite temporary rather than lasting.. but who knows?  I am not going to proclaim to know how  long these kinds of dipping or consolidation matters are going to last, even though we seem to have a lot of ongoing indication of upward price pressures, in spite of some entities (or persons) moving around their BTC exposure or even maybe getting out of BTC, which also would seem like a dumb thing to do... even though we can see why an entity like the FTX bankruptcy trustee would be selling all of its GBTC which was around $1 billion worth, and maybe they would not be getting back into BTC with that value that they are putting on their bankruptcy books.

[Odohu]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.
https://bitcointreasuries.net/entities/50
I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

You are not offering specifics.

We already have a dip.  So are you saying buy now or wait for more dip?

From my understanding,  he is suggesting that there will be more dips before the halving as Grayscale continues to sell their Bitcoin. I understand his points because if they continue to sell, it's possible they may trigger some form of panic across board and weak hands will start dumping massively.

I'm suspecting that this may be classical market manipulation that is being done now to collect Bitcoin from the hands of weak hands and ordinary people to the institutions. For the ETF not to cause a new ATH, it is looking like the big players are out to control the price to align with what they want.

Whatever be the case, I'm not bordered because lower prices favour me more because I'm still at the accumulation stage in my Bitcoin journey. So it will enable me to collect more Bitcoin even at lower prices.

[Mayor of ogba]

We have an exception to if we are interested in going all in at once with our investment, this could be only possible when we make the necessary research on the previous performances of the market and the coin we are having in mind, then compare the past to the present and if you could speculate something out of it, whereby it's profitable to buy the dip and invest when the market is extremely bearish, in this situation, you can go all in at once and invest, but never make a mistake of investing on anything else aside bitcoin.

It is therefore mostly advised that when choosing a particular pattern of accumulating our bitcoin asset to hold, we should make use of a pattern that best serves our interest, using DCA or going in at once with the market when it is dip, buying and holding at the bear season is profitable enough provided that we can hold.

No amount of research you make on any coin should make you go all in because to hold you must follow the steps outlined in this thread we are following. Besides, our focus is on Bitcoin on not other coins. Even though we are discussing how to buy and hold Bitcoin, it is not wise to invest your entire money on Bitcoin. Here we encourage people to invest only amounts they can afford to hold for long and still have their peace, live their normal lives and even have some reserved funds.

Furthermore, the term "go all in" is popular among those inundated by hypes of shitcoin. They usually throw caution to the wind because they want to become rich overnight. After reading the beautifully exaggerated whitepapers and studying the seemingly roadmaps and price projections, they are usually convinced they are in for quick wealth. Most of them only find out that they have been fooled when it is already late.

Bitcoin is the best cyptrocurrency in terms of long term investment other than shitcoins,some investors that have the aim of making quick money invest on shitcoin and end up with regret

Bitcoin has always been the best coin, even if you are not holding your bitcoin for the long term. Bitcoin allows you to have total control over your money, and no third party will decide how you will carry out your transaction in bitcoin.

Of course Bitcoin is the best coin, in fact as the Matter of fact the growth of every other coins depends on the growth of Bitcoin because is a father to every other coins, but sometimes I wonder why after knowing how potential Bitcoin is and most investors will still look for an alternative through other coins when Bitcoin is the best and most reputable coin.

If you save your money in bitcoin, it will protect you against inflation, and your money will have good purchasing power when you convert some of your bitcoin to fiat. With bitcoin, you can send money to anyone in a simple way even though there is no bank in that place. Nothing like bitcoin.

how good the investment is there is always some risk that could be involved because lets not feel that after investing on Bitcoin the price will keep on growing, it doesn't work that way considering how volatile the market is, it could move to any direction anytime that's way the best way on Bitcoin investment is only through holding.

That is why it is good to have a little knowledge about bitcoin before you start accumulating it so that you will understand what you are investing your fund in. It usually takes time, like 4-5 years, before you will see a huge profit based on the fund you used to invest in bitcoin. That is why it is good to invest with what you can afford to lose so that it will allow you to take care of your financial challenges while you wait for your bitcoin investment to yield profit.

[GigaBit]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.

https://bitcointreasuries.net/entities/50

I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

Anyone who has been in bitcoin for long and understand the potential in bitcoin, will know that this is the right moment to invest in bitcoin. While others are panicking you are seizing the opportunity but adding to your portfolio. For me this is actually one of those moments an investor need to buy with lump sum, as this opportunity are rare and it doesn't come everytime. With the Bitcoin halving almost at sight, come on guys bitcoin is at a give away price currently. As plebs what we do at this kind of situation is to buy and hodl.

Some are preoccupied with the fact that the Bitcoin price is falling after the ETF approval, but those who are experienced are buying as much as they can, considering this period can be their last dip. A holder sees every dip as an opportunity until he achieves his goal whereas an inexperienced investor is preoccupied with why the market is dumping.

The interesting thing is that no matter how the price of Bitcoin is, some investors can't afford to hold Bitcoin because of their negligence. Because they wait for another dip after getting one.

Those who follow DCA and accumulation bitcoin at the moment they can utilize the advantage of the dip Because they are growing their bitcoin portfolio by buying more bitcoins at low prices.

[Makus]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.
https://bitcointreasuries.net/entities/50
I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

You are not offering specifics.

We already have a dip.  So are you saying buy now or wait for more dip?

From my understanding,  he is suggesting that there will be more dips before the halving as Grayscale continues to sell their Bitcoin. I understand his points because if they continue to sell, it's possible they may trigger some form of panic across board and weak hands will start dumping massively.

I'm suspecting that this may be classical market manipulation that is being done now to collect Bitcoin from the hands of weak hands and ordinary people to the institutions. For the ETF not to cause a new ATH, it is looking like the big players are out to control the price to align with what they want.

Whatever be the case, I'm not bordered because lower prices favour me more because I'm still at the accumulation stage in my Bitcoin journey. So it will enable me to collect more Bitcoin even at lower prices.

Absolutely correct mate, they are actually trying to manipulate the market by selling very large amount of Bitcoin out. As of yesterday, they sold not less than 16,450BTC worth $656M. I don't think there is another reason that might justify this action if not to create panic in the market and and newbies who don't know what Bitcoin is would start selling their coins instead of buying as the price decreases.



Img source

Anyway, these changes and price dump are only opportunity for real Bitcoin enthusiast, but those new or without proper knowledge of what Bitcoin is might sell their asset.

Because they wait for another dip after getting one.

Those who follow DCA and accumulation bitcoin at the moment they can utilize the advantage of the dip Because they are growing their bitcoin portfolio by buying more bitcoins at low prices.

I saw a post recently were a user is expecting more dip before he will buy. I don't know where they are getting that courage from, it seems the social Media is now winning some investors into believe their predictions that are created by human which are prone to error. Predictions cannot be 100% accurate all the time, that is why we need to be careful what we receive from the Media and social gathering. Some persons who seem friendly are big haters of Bitcoin.

[Su-asa]

I don't really know but I honestly don't know the kind of beliefs I have for Bitcoin to the extent that when it's price is reducing I still don't panic because as you said people will want to sell because they think that they are losing but not knowing that it is another good opportunity for them to buy more.
Moreover it is true that some social media platforms are really affecting crypto newbies that they have fears to sell their Bitcoin, looking at it, you don't have to blame some influencers because they want views and want to be trending, so they can cime up any time and say what they think will help them get views but not knowing they are leading sime crypto newbies astray.
We have to put blamed to the investors who are very lazy to make their own research but put their trust in people talks. Bitcoin is free but one must buy it before he can have it.

[Justbillywitt]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.

https://bitcointreasuries.net/entities/50

I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

Anyone who has been in bitcoin for long and understand the potential in bitcoin, will know that this is the right moment to invest in bitcoin. While others are panicking you are seizing the opportunity but adding to your portfolio. For me this is actually one of those moments an investor need to buy with lump sum, as this opportunity are rare and it doesn't come everytime. With the Bitcoin halving almost at sight, come on guys bitcoin is at a give away price currently. As plebs what we do at this kind of situation is to buy and hodl.

Some are preoccupied with the fact that the Bitcoin price is falling after the ETF approval, but those who are experienced are buying as much as they can, considering this period can be their last dip. A holder sees every dip as an opportunity until he achieves his goal whereas an inexperienced investor is preoccupied with why the market is dumping.

The interesting thing is that no matter how the price of Bitcoin is, some investors can't afford to hold Bitcoin because of their negligence. Because they wait for another dip after getting one.

Those who follow DCA and accumulation bitcoin at the moment they can utilize the advantage of the dip Because they are growing their bitcoin portfolio by buying more bitcoins at low prices.

One thing is certain if you don't buy the dip you will be cheering up those who utilize the opportunity and bought the dip. The wise thing to do at this point is to keep accumulating as you can while others are still trying to figure out why the price is falling. Before they can figure out why, you have already taken action and benefited from it. Of what use will the reason why the market pricing of bitcoin do for you, while you didn't didn't benefit from it. Let's not be among those that are finding reasons why the market is falling, but let's be among those that are actively adding to our portfolio, that's the main deal.

[$crypto$]

Is that chart saying that a DIP lower than $30,000 has higher probability than expected? That's currently impossible if you ask me. But if Grayscale continues selling until next month, and it starts a panic, then probably that could happen?

No, the chart doesn't show DIP below $30,000 but the probability still remains only now that the price may remain stagnant.
Grayscale will definitely sell until next month, causing panic, of course the price will correct again but we prepare a bag to be filled because from the opportunity Grayscale dumps his bitcoin we accommodate at a discounted price.

Now prepare fiat thickly, Grayscale will definitely throw again from the disposal that we make fiat to buy bitcoin only that is in mind before the time comes.

[ginsan]

For those of the investors that has two strategy of buying through Lump sum and DCA strategy perhaps this is actually the right moment to utilize the opportunity of Lump suming because Bitcoin has presented a very good opportunity and waiting for more dip before Lump sum could make them end up not buying again because for the Bitcoin price to have gotten to $46k+ and start dropping down to $39,720 there is every chance that the price make likely range between those zone and may not go more further down so perhaps expecting the price to drop more could be a very bad decision because Bitcoin made this similar movement when the price was still $25k and it was ranging to $27k and dropping back to $25k so most investors feels that the price will drop below $20k before they could start the Lump sum but they never get the opportunity to.

Perhaps it has presented another opportunity to Lump sum and most of the investors are still saying that there buying target is only when the price will get to $38k before they could start buying, however they forgot that there is every possibility that the price may not get to that point and perhaps with the way Bitcoin price movement behaves when is ready to peak it moves fast within hours so any investors who fails to utilize the opportunity now may likely regret it later on.

Lump sum are an important part for investors who have large funds in this decline. The opportunity came when no one predicted, I mean everyone predicted that after the Bitcoin spot ETF was approved the price of Bitcoin would rise drastically but in this case large companies like Grayscale took advantage of the investments they had made in previous years. They took advantage by selling a small amount of their BTC holdings because we can see the transaction from their wallet to Coinbase.

Apart from that, a wise investment strategy in the situation to find the lowest price is of course to place orders in stages, be it $35k, $36k, because the market situation is not yet stable enough because grayscale btc outflows are still occurring. Yes, even if you are interested in buying instantly at the current price, of course that would be better because the price of Bitcoin was corrected this week. Moreover, the halving is only 69 days away, so whatever the best conclusion, don't delay in buying Bitcoin. Bitcoin spot ETF has been approved, but I haven't seen any big pump and that's why I'm sure that this downturn cannot be considered normal because if the market turns green I think there will be big pump in the future. So buy in lump sum or DCA and important hold your BTC holdings for a long period of time.

[Salahmu]

For those of the investors that has two strategy of buying through Lump sum and DCA strategy perhaps this is actually the right moment to utilize the opportunity of Lump suming because Bitcoin has presented a very good opportunity and waiting for more dip before Lump sum could make them end up not buying again because for the Bitcoin price to have gotten to $46k+ and start dropping down to $39,720 there is every chance that the price make likely range between those zone and may not go more further down so perhaps expecting the price to drop more could be a very bad decision because Bitcoin made this similar movement when the price was still $25k and it was ranging to $27k and dropping back to $25k so most investors feels that the price will drop below $20k before they could start the Lump sum but they never get the opportunity to.

Perhaps it has presented another opportunity to Lump sum and most of the investors are still saying that there buying target is only when the price will get to $38k before they could start buying, however they forgot that there is every possibility that the price may not get to that point and perhaps with the way Bitcoin price movement behaves when is ready to peak it moves fast within hours so any investors who fails to utilize the opportunity now may likely regret it later on.

Lump sum are an important part for investors who have large funds in this decline. The opportunity came when no one predicted, I mean everyone predicted that after the Bitcoin spot ETF was approved the price of Bitcoin would rise drastically but in this case large companies like Grayscale took advantage of the investments they had made in previous years. They took advantage by selling a small amount of their BTC holdings because we can see the transaction from their wallet to Coinbase.

Apart from that, a wise investment strategy in the situation to find the lowest price is of course to place orders in stages, be it $35k, $36k, because the market situation is not yet stable enough because grayscale btc outflows are still occurring. Yes, even if you are interested in buying instantly at the current price, of course that would be better because the price of Bitcoin was corrected this week. Moreover, the halving is only 69 days away, so whatever the best conclusion, don't delay in buying Bitcoin. Bitcoin spot ETF has been approved, but I haven't seen any big pump and that's why I'm sure that this downturn cannot be considered normal because if the market turns green I think there will be big pump in the future. So buy in lump sum or DCA and important hold your BTC holdings for a long period of time.

You are right is actually the right time for people to take advantage of the Bitcoin price to lump sum as much as they could instead of waiting more longer for dip, so however irrespective of how Grayscale  took advantage of the market by selling most of there holding which has been one of the reason why Bitcoin price is fluctuating the way it does but however that shouldn't give most people the mindset that Bitcoin price will fall more because Bitcoin price movement is very unpredictable and when you have the conclusion that the price will move in a certain direction that's actually when you will see it moving opposite your expected direction, in fact as the matter of fact with how potential Bitcoin is entering in any price is actually worth it.

So however your strategy of Lump suming is good but I don't like the idea of setting your buying points at the price of $35k to $36k because I doubt if the Bitcoin price will be able to drop that low because if it was going to do so it would have done it earlier before now and however considering how Bitcoin price is moving is actually on a ranging zone or rather on a consolidation zone were as most people are seeing it that the price is gonna drop more but do not be surprised that the price will peak when people did not expect it, but is good to be ready for any outcome.

[Troytech]

Some are preoccupied with the fact that the Bitcoin price is falling after the ETF approval, but those who are experienced are buying as much as they can, considering this period can be their last dip. A holder sees every dip as an opportunity until he achieves his goal whereas an inexperienced investor is preoccupied with why the market is dumping.

As for me I don't want to know what I'd causing the dip, I'm just buying my bitcoin with DCA and a little lump sum, but I'm still waiting tho, cause I don't really know if we would have more dip or of the bear would come, so I won't be taking any aggressive action, but I'll continue with my DCA, besides whether I buy small or large quantities during the dip the major thing is I still bought with DCA.

What is a last dip. I don't really like to think like as tho there is a last or first in my bitcoin pursuit, I always feel approaching the market as tho something new could happen is the best, cause It help me to be prepared for anything since I'm not expecting anything, all I have are my income, emergency and reservations, strategies , my planned out senerios, and bitcoin price. That's all I see, I consider no other thing, cause we can't really have a sure prediction on bitcoin price or next movement.

Mostly weak holders would fall for this pre halving dip, I just feel its too tricky, cause why now, just after a little uptrend we start having a dip, and Grayscale just started dumping, I feel some really biggie woggle happening. But for me it's our advantage, nothing feels better than buying the dip 😋.

[michellee]

Some are preoccupied with the fact that the Bitcoin price is falling after the ETF approval, but those who are experienced are buying as much as they can, considering this period can be their last dip. A holder sees every dip as an opportunity until he achieves his goal whereas an inexperienced investor is preoccupied with why the market is dumping.

As for me I don't want to know what I'd causing the dip, I'm just buying my bitcoin with DCA and a little lump sum, but I'm still waiting tho, cause I don't really know if we would have more dip or of the bear would come, so I won't be taking any aggressive action, but I'll continue with my DCA, besides whether I buy small or large quantities during the dip the major thing is I still bought with DCA.

What is a last dip. I don't really like to think like as tho there is a last or first in my bitcoin pursuit, I always feel approaching the market as tho something new could happen is the best, cause It help me to be prepared for anything since I'm not expecting anything, all I have are my income, emergency and reservations, strategies , my planned out senerios, and bitcoin price. That's all I see, I consider no other thing, cause we can't really have a sure prediction on bitcoin price or next movement.

Mostly weak holders would fall for this pre halving dip, I just feel its too tricky, cause why now, just after a little uptrend we start having a dip, and Grayscale just started dumping, I feel some really biggie woggle happening. But for me it's our advantage, nothing feels better than buying the dip 😋.

This is a good thought because we will not know what caused the price drop. People can only speculate about the causes of the price drop but don't know what happened. Continuing the DCA that we have done will provide an opportunity to accumulate even more Bitcoin, and the current decline is a big discount for those who do DCA or buy Bitcoin at the time of the dip.

There is a possibility that this decline will continue until next week or the end of January and currently, Bitcoin price conditions cannot yet stabilize. If people can't calm their minds, they will only panic and lose the opportunity to buy in the dip. We have to avoid that to avoid being left behind to buy Bitcoin at low prices. We must be able to allocate funds to buy Bitcoin and other things so that investment in Bitcoin is not disturbed. And it is very difficult to predict the price of Bitcoin or its next movements.

Those who panic about this downturn will not see the opportunity to buy Bitcoin. And there is no need to feel complicated about this decline and enjoy it while continuing to buy Bitcoin so you can have more. This is an opportunity for both small and large investors because they can buy Bitcoin at a lower price.

[JayJuanGee]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.
https://bitcointreasuries.net/entities/50
I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

You are not offering specifics.

We already have a dip.  So are you saying buy now or wait for more dip?

From my understanding,  he is suggesting that there will be more dips before the halving as Grayscale continues to sell their Bitcoin. I understand his points because if they continue to sell, it's possible they may trigger some form of panic across board and weak hands will start dumping massively.

I'm suspecting that this may be classical market manipulation that is being done now to collect Bitcoin from the hands of weak hands and ordinary people to the institutions. For the ETF not to cause a new ATH, it is looking like the big players are out to control the price to align with what they want.

I don't really know but I honestly don't know the kind of beliefs I have for Bitcoin to the extent that when it's price is reducing I still don't panic because as you said people will want to sell because they think that they are losing but not knowing that it is another good opportunity for them to buy more.
Moreover it is true that some social media platforms are really affecting crypto newbies that they have fears to sell their Bitcoin, looking at it, you don't have to blame some influencers because they want views and want to be trending, so they can cime up any time and say what they think will help them get views but not knowing they are leading sime crypto newbies astray.
We have to put blamed to the investors who are very lazy to make their own research but put their trust in people talks. Bitcoin is free but one must buy it before he can have it.

Of course you have your own issues, Su-asa, in terms of blowing too much of your wadd at $45k or whatever it was, and so I am glad that you are staying positive about the matter, even though it would be a lot better to invest a decent sum, even if you invest at a bit of a higher price point, but to be able to continue to invest decent quantities if the BTC price moves against you... and sure at the same time, if there is a 20% or 30% price dip after someone buys, then it might seem that it can take a long time to get back up to those earlier prices, and surely psychologically and financially we will feel better if we are able to continue to buy without putting our finances (or our psychology) at too much risk because we need to maintain an emergency fund too.

How do we learn from our mistakes?  Many of us make them.  Sometimes there can be ways to either cut expenses or to increase income in short periods of time, but sometimes it can take a while to identify and to build opportunities to increase income, for example.

Whatever be the case, I'm not bordered because lower prices favour me more because I'm still at the accumulation stage in my Bitcoin journey. So it will enable me to collect more Bitcoin even at lower prices.

There are always going to be forces (traders/whales/or whoever) that try to take advantage of momentum as much as they are able to accomplish such, and so if the momentum starts to go down, they try to get the price down as far as they can get it and to keep it there for as long as they are able to accomplish keeping it down, but the mere fact that they have such objectives and that they are able to shake out many weak hands, they are ONLY able to keep down the price as long as they are able to do it, and sometimes they will also run out of ammunition and not have choices, except to let the BTC price come up.

You could look at the charts in 2015 and 2016 and see similar kinds of behaviors.. the BTC price went up from $250 to $500 in a kind of explosive way at the end of 2015, and then it got stuck in the lower $400s for almost 6 months before breaking above $500 again and mostly staying there even though surely there was a lot of talk of BTC prices going back below $500 and even some close calls, but the BTC price never returned below $500 - even though there were likely a lot bearwhales who lost in those days and during that process. 

And we can probably also go over the history of $3k too.. in terms of trying to get below $3k. .but sooner or later that battle was lost, and likely anyone buying below $7k during those times between late 2017 and late 2020 were quite advantaged and the battle for sub $3k was likely lost even though people still mention it from time to time.

probably $10k is going to be another one of those talking points, and we are in the midst of perhaps some other talking points, but we are not going to know them so much while we are going through them, and it later may well become more clear about what the talking points were and when the price no longer was capable of going below some of those price points that people discuss.. and some of this also relate to the 200-week moving average too, which usually is not breached, but ended up getting breached for right around 16 months between June 2022 and October 2023... but the whole time the 200-week moving average still moved up from lower $20ks to upper $20ks and now is a bit higher than $30k, so sometimes folks are going to be wishing for lower prices that do not end up happening, but in the meantime the steady bitcoin stacker is likely less phased, even though there still can be some stress and uncertainties and maybe it takes 8 years or more to really see the advantages that came from continuing to stack sats during such turbulent times.

And, yeah BIG talk about how horrible that it is that GBTC is selling so much coin, and maybe even perhaps some additional sales and even some holding off on buys by some of the whales wanting to capitalize on sales happening and without the corresponding buys, but sometimes those situations end up exploding in their face because some entities come in and start to buys and those who were waiting end up losing out and/or having to buy at higher prices because they were too greedy.. and so none of us should be playing those kinds of games, especially if we have already identified BTC as s good buy and this likely is a continuation of the opportunties for normies to continue to front run the BIGGER players including institutional investors.

[edited out]

One thing is certain if you don't buy the dip you will be cheering up those who utilize the opportunity and bought the dip. The wise thing to do at this point is to keep accumulating as you can while others are still trying to figure out why the price is falling. Before they can figure out why, you have already taken action and benefited from it. Of what use will the reason why the market pricing of bitcoin do for you, while you didn't didn't benefit from it. Let's not be among those that are finding reasons why the market is falling, but let's be among those that are actively adding to our portfolio, that's the main deal.

Your overall conclusions seem to be correct Justbillywitt, even though you came at the problem from a weird angle.

The point is that there are all kinds of reasons that the BTC price might move in one direction or another and there are all kinds of talking points and distractions, and we should be figuring out our plan to buy and not thinking so much about the various explanations that may not really be very helpful in our efforts to just focus on actions and maintaining some kind of a reasonable balance in our own ongoing persistent, consistent and perhaps even aggressive BTC accumulation.

[edited out]

Lump sum are an important part for investors who have large funds in this decline. The opportunity came when no one predicted, I mean everyone predicted that after the Bitcoin spot ETF was approved the price of Bitcoin would rise drastically but in this case large companies like Grayscale took advantage of the investments they had made in previous years.

What else is new?  You cannot expect the BTC price to move in the direction that everyone believes it is going to move otherwise everyone would be rich, which is not the case. Some people end up fucking up, and in bitcoin's history those accumulating BTC through these kinds of periods have tended to do quite well, even if sometimes it might take a while for the payoff to show.

They took advantage by selling a small amount of their BTC holdings because we can see the transaction from their wallet to Coinbase.

What are you talking about?  Grayscale has to sell BTC when their clients sell GBTC.  There collateral has to match, and yeah sure there could  be some of that GBTC that is owned by Grayscale that is being sold, but I would not automatically presume that Grayscale is selling their own GBTC.. but who knows and who cares.. it is a lot of noise, because in the whole scheme of things, there are more reasons to buy rather than sell, and so anyone who is retarded enough to be selling or worried about this kind of correction or failing to buy BTC during times like this are likely deserving to have fun staying poor. 

There are no reasons for any of us who own bitcoin or who are accumulating bitcoin to get worried about these kinds of matters and either we are buying more BTC or we are just holding through the situation.  Maybe we are doing a combination of strategies?  Buy some BTC at various price points as the price dips, maybe DCA, and if we don't have any more money we cannot necessarily buy until our next income comes in... so a lot of times the preparations need to be done in advance so that we are prepared for matters like this, and if we believe that our DCA is not enough because our BTC holdings are losing way more value than the amount that we are able to buy, then we are distracted...and there is ONLY so much any of us can do in terms of how much money we have available to buy the dip.. and if we get tempted into selling a bit so we can buy back cheaper, then we really lost the plot and we are likely engaging in the opposite kind of behavior as we should during times like this.. because maybe the BTC price will dip more and maybe it won't.. if it does dip more either we have money to buy more or we don't, but we gotta be careful in terms of presuming that the BTC price is going to drop more merely because a bunch of people are proclaiming such..

Apart from that, a wise investment strategy in the situation to find the lowest price is of course to place orders in stages, be it $35k, $36k, because the market situation is not yet stable enough because grayscale btc outflows are still occurring.

Those are good ideas.. and maybe those various buy orders (on the way down) get filled, and maybe they don't.

Yes, even if you are interested in buying instantly at the current price, of course that would be better because the price of Bitcoin was corrected this week.

That's also a good idea.

You started out with some seemingly dumb ideas (referring to getting distracted by Grayscale, blah, blah, blah - and maybe just trying to stir the pot), but getting into much better ideas.

Moreover, the halving is only 69 days away, so whatever the best conclusion, don't delay in buying Bitcoin.

Maybe I am quibbling a bit, but most of the halvening estimate sites that I see are in the 80 days range.. so between 72 days and 87 days (as I type this post), so the 69 days seem to be presuming a lot of hashpower causing blocktimes to be way shorter.

Bitcoin spot ETF has been approved, but I haven't seen any big pump and that's why I'm sure that this downturn cannot be considered normal because if the market turns green I think there will be big pump in the future. So buy in lump sum or DCA and important hold your BTC holdings for a long period of time.

Of course the going active of the various BTC spot ETFs (already just over 2 weeks ago) should contribute to ongoing upward BTC price pressures.

[edited out]

So however your strategy of Lump suming is good but I don't like the idea of setting your buying points at the price of $35k to $36k because I doubt if the Bitcoin price will be able to drop that low because if it was going to do so it would have done it earlier before now and however considering how Bitcoin price is moving is actually on a ranging zone or rather on a consolidation zone were as most people are seeing it that the price is gonna drop more but do not be surprised that the price will peak when people did not expect it, but is good to be ready for any outcome.

You seem to contradict yourself here.

Be ready for any outcome, but you don't believe BTC prices might go to $35k or $36k so don't bother preparing for that possibility since it is not going to happen. 

Is that what you are saying?

I surely don't cheer for down, you should not be ruling out various down price possibilities based on mere feelings. and your other seemingly inadequate reasons. 

It could end up being correct that our current bottom of $38,505 is as low as we are going to experience for this particular correction, but I doubt that the odds of it being the bottom are greater than 50/50.. .and as far as $35k or $36k.. it is quite possible that we have less than 50/50 odds but I doubt that you could reasonably proclaim that they are less than 30% ..and I am not even claiming to be any kind of odds expert, but I know that the BTC price will sometimes go to unexpected places and it will end up staying there for longer than expected, too... and those kinds of things happen in either price direction.

nothing feels better than buying the dip 😋.

I have never really felt that great about buying dips, even though I know that they happen, and I have been buying dips since I started in bitcoin... maybe the first few buys of the dip feel kind of good because maybe there will be a reversal, but when it keeps dipping and there is no reversal and dips and dips and dips, those are not necessarily good feelings until they have recovered and so long as I bought on the way down, it later feels good... but it does not feel so good while happening.. especially once you have accumulated a decent amount of BTC.

On the other hand, if you hardly have any BTC, then of course you don't really have anything to lose when the BTC price dips.. so then you feel pretty good about it.

Let's say that you were new to bitcoin in early 2022, and you were buying dips starting from $45k and through the year the BTC price kept dipping and dipping and dipping, and maybe by mid-2023, you had gotten your average BTC price down to around to the upper $20ks, and maybe you have $10k invested (that would be around $100 per week). and maybe you got up to close to 0.33 BTC from your investment so maybe you don't even feel good about the BTC price dips until after October 2023, when the BTC price finally got into the $30ks and you started to feel in profits. but still you might not even feel good about this particular dip from $49k to $38,505 even though the BTC price has not dipped back to your being unprofitable, but you continue to buy and you continue to plow away at building your BTC stash.

[uneng]

Are we going to get rid of market manipulation someday? This is so frustrating... Bitcoin could be doing much better right now if it wasn't for this Grayscale bullshit. This company holds too many coins, and even worse is the possibility they might purchase large chunks of Bitcoin, once they crash the price to the dip.

Who might be buying the coins Grayscale are dropping on the market for sale? Another whales? I don't hope so... It should be an opportunity for small and new investors to reinforce their wallets with more BTCs and decrease the power and influence of whales inside Bitcoin market, at least a little.

I'm telling people to invest in Bitcoin, because this is a golden chance before the halving event, but after seeing what this Grayscale is doing, I'm not sure if I should keep encouraging people, or if we should wait the price to crash further in order to buy. I confess the influence range a single whale has inside the market worried me regards the future.

[JayJuanGee]

Are we going to get rid of market manipulation someday? This is so frustrating... Bitcoin could be doing much better right now if it wasn't for this Grayscale bullshit. This company holds too many coins, and even worse is the possibility they might purchase large chunks of Bitcoin, once they crash the price to the dip.

Who might be buying the coins Grayscale are dropping on the market for sale? Another whales? I don't hope so... It should be an opportunity for small and new investors to reinforce their wallets with more BTCs and decrease the power and influence of whales inside Bitcoin market, at least a little.

I'm telling people to invest in Bitcoin, because this is a golden chance before the halving event, but after seeing what this Grayscale is doing, I'm not sure if I should keep encouraging people, or if we should wait the price to crash further in order to buy. I confess the influence range a single whale has inside the market worried me regards the future.

it sounds to me that you are focusing too much on bullshit and lameass dumb manipulation theories that do not matter, and of course the bitcoin price is going to correct from time to time.

What do you expect? 

The BTC price is just going to go straight up?

That makes no sense.

Bitcoin price has never gone straight up, even during very exponential times.

The punchline is that there is not as much manipulation as you likely think, and sure there are various kinds of issues in bitcoin and there are going to be powerful players who manipulate and try to manipulate within a range but they are ONLY able to manipulate so much, so if you are not ready and willing for those various kinds of ongoing bitcoin battles, then maybe you are overinvested in bitcoin.  You might need to take a little off the table, or stop investing so much.   If you take a smaller position, then you likely would not get so worried about the BTC price going up and down.. because when it goes down you would either be able to buy more or just continue to DCA... or some combination of the two.

With any investment, including bitcoin, it is not good to get overly emotional about it, and you should be creating strategies in order to attempt to cause yourself to mostly be emotionally neutral even if you do better if the BTC price goes up rather than down, but if you don't have more than a certain amount in bitcoin, then you will be able to tolerate and accept it not going down.

No matter what the BTC price I tell people to get the fuck started as soon as possible because it can take a bit of time to get set up and to get used to buying $100 per week, $10 per week or whatever their buy amount, and of course, it feels worse to see them maybe overinvest and then the price goes down rather than up or it might take a few years for their BTC stash to get into profits...   so I personally don't have any problem suggesting that people get started as soon as possible and to get the fuck off zero and consider anywhere between 1% and 25% as their allocation, but they are responsible for their own decision regarding whether or not to get in, how much to invest and don't come crying to me if they lose money since there are no guarantees, and having said that, you can invest into bitcoin and study what you are investing into at the same time so you can learn about what it is that you are investing into, but you don't need any kind o extensive knowledge about bitcoin in order to get started as soon as feasible.

[Justbillywitt]

Are we going to get rid of market manipulation someday? This is so frustrating... Bitcoin could be doing much better right now if it wasn't for this Grayscale bullshit. This company holds too many coins, and even worse is the possibility they might purchase large chunks of Bitcoin, once they crash the price to the dip.

Who might be buying the coins Grayscale are dropping on the market for sale? Another whales? I don't hope so... It should be an opportunity for small and new investors to reinforce their wallets with more BTCs and decrease the power and influence of whales inside Bitcoin market, at least a little.

I'm telling people to invest in Bitcoin, because this is a golden chance before the halving event, but after seeing what this Grayscale is doing, I'm not sure if I should keep encouraging people, or if we should wait the price to crash further in order to buy. I confess the influence range a single whale has inside the market worried me regards the future.

I must tell you the truth this is a blessing in disguise for people who understands what's going on. Yes Grayscale is pushing the price down with their continuous sale, but ask yourself who are the people buying? Be among those that are buying and wait for Grayscale to finish selling and see what happens with bitcoin. We are wiser now to understand when there is a manipulation in the market. This is an opportunity for bitcoin to get to those who has been waiting for the price to come down to this level, but the funny thing is that most of them will still be waiting for further dip which may happen or may not. With the level of awareness that bitcoin is getting everyday, even if Grayscale sell all their holdings bitcoin will never be enough for the global population. There can only be 21 million bitcoins and the world population is over 8 billion. This is a simple manipulation, let's not give the whales what they want don't sell to them by emptying your bag because of Grayscale selling, instead buy from Grayscale as they are selling.

[Mayor of ogba]

Grayscale Bitcoin "Trust" is still holding, NOT HODLing, more than 500,000 Bitcoin and they have been selling more aggressively since January 12.

https://bitcointreasuries.net/entities/50

I believe if the selling contintues, and the market panics, that might cause a pre-halving DIP, no?

As plebs what do we do in this kind of situation? I can't tell you what to do with your money, but if you ask me it's = Buy the DIP, and HODL.

However, panic sales are not a new phenomenon in the Bitcoin market, but rather a well-known phenomenon that occurs regularly. Such panic sales before bitcoin halving have been seen many times in the past and we will face such panic sales before halving in the future as well. Grayscale sells 500k bitcoins in the bitcoin market creating a market bloody moment despite the temporary negative impact on the bitcoin market.This is expected to be the biggest dumping in the Bitcoin market before the halving. This may be the best time to invest in Bitcoin for those who are planning to invest in Bitcoin and hold it for the long term. Therefore, those who can use this panic sale and invest and hold Bitcoin at the highest DIP will have a 100% chance of getting potential profit after the halving.

I will say those panic sellers are into bitcoin investment because they see a testimony in social media where someone made huge money from bitcoin investment, and they just want to invest in bitcoin to have a chance of making huge money from bitcoin. And they don't have any knowledge about bitcoin; if not, they will not sell their bitcoin when bitcoin has been dumped. Since they did not have any knowledge about bitcoin, the disappointment made them sell their bitcoin at a loss. Before you start your bitcoin accumulation journey, make sure you have the bitcoin knowledge that will make you hold your bitcoin in times like this. What Grayscale did was an opportunity for us to keep accumulating our bitcoin with the DCA strategy at a low price.