Buy the DIP, and HODL!

[Gallar]

The most important thing to profit from investing in Bitcoin is, patience and holding. Investing in Bitcoin can be successful if you are patient and hold it for a long period of time. Some people who first invested in Bitcoin and Stop holding for lost patience in fear of Bitcoin's price, rise will now understand, and regret it greatly.
~Snip

In general, I really agree with your opinion. Because it is true, people who are truly enthusiastic and continue to be diligent in the field of bitcoin investment will definitely achieve very satisfying success. Because with a lot of patience and perseverance, even if it's not in the bitcoin investment field, usually always find success. But it needs to be underlined, that great patience and high persistence when investing in bitcoin, will be had when all factors have been completely implemented. And these factors include:

Intention.
By having the right intentions and the prospects have been carefully planned, I am sure and I have experienced that the feeling of patience in waiting for the money invested in Bitcoin will be greater.

The second is science.
Of course, many bitcoin investors already know about this second factor. But quite a few people underestimate this factor. As is the case with bitcoin investment, many people, especially beginners, always think that investing in bitcoin is a scheme to get rich quickly. This assumption clearly cannot be justified 100%, because even in Bitcoin investment, if the situation changes 90 degrees (bad), it could become a quick-to-get-poor scheme. Because in Bitcoin investment there will always be a risk of loss and this cannot be eliminated, but can only be avoided. And the way to avoid this is by studying Bitcoin more maturely.

The third factor is capital.
This factor is very crucial if not understood properly. Because currently there are many investors who are pushing themselves too hard to invest in Bitcoin using capital from loans. For me personally, this really should be avoided. Because if this is done in bitcoin investment, the risks that can be obtained are many times greater. So it's better to invest with a cold usng, whatever it is. And not just because you want to pursue bigger profits, but in a very forceful way.

Then lastly, always take care of your emotions or mentality. Because with a high mentality, investing in bitcoin will definitely make you stronger as a true HODLer.

So if all these factors have been carried out well, then when we go through the process of patiently waiting for our Bitcoin investment, it will definitely feel easier.

[1714656128]

1714656128

[1714656128]

1714656128

[JayJuanGee]

Yes, people to think about bitcoin as a ponzi, and they don't really tend to understand what bitcoin is.. and I still see no reason to get worked up at the term investment, especially since a lot of people also don't know how to use the term investment in relation to bitcoin because they may well be thinking about their "investment" into bitcoin as a means to get short-term profits in dollars, which is probably more like trading and gambling than investing, so in that regard they are considering bitcoin differently and don't really understand long term investing, even though technically they are still investing, but just not in the sense that many longer term bitcoiners understand the term investing when it comes to bitcoin.

That's a very nice clarification @JayJuanGee because not everybody that thinks or believe that they are actually investing on Bitcoin is true because there is no way we can classify investment on Bitcoin for a long term and those that invest with a short-term profits making, however funny enough most of them have the mindset that weather short-term or long term that they are all investment without knowing that there is a big difference from the two, although i wouldn't blame them because they have no knowledge about what Bitcoin investment is all about, perhaps just like you mentioned is only those who have been into Bitcoin investment earlier will actually understand what type of investment should be regarded as a true investment.

There are probably some folks who come to bitcoin and seem to understand it right away.. yet they are still fairly long and far between those kinds of folks.

Even Michael Saylor, who seemed to have been a quick study when he came to bitcoin in mid-2020 (even though there was some evidence of his commenting negatively about bitcoin in 2013 or 2014), and understood bitcoin pretty damned well (even better than a lot of bitcoin long-timers), he has had his learning journey that has been more honed by his participation in bitcoin, and it is ONLY going to be this year that Saylor will be coming upon one whole cycle of his being involved in BTC investing.

[Justbillywitt]

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

[Churchillvv]

[edited out]

As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.

One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.

Why late! if you have enough money to invest! You must buy today last week its price was 43k.

We are not talking about cryptocurrencies or shitcoins in this thread.

If you meant to say bitcoin, then why didn't you use the word bitcoin?

I noticed most times that people, especially newbies do not understand Bitcoin and hence misconcept Bitcoin for shitcoins. However, you have taken time to distinguish between Bitcoin and cryptocurrency (shitcoins) hence I will love to buttress this differences to make it more clear to my fellow newbies.

There is a very big difference between bitcoin and shitcoins, one which I love some much is the fact that Bitcoin is a paradigm, it's the first of its kind which brought about the existence of every other coins (shitcoin) the earlier people begin to look at Bitcoin as a paradigm shift the better they will start understanding the whole concept.

It's one of a kind and shouldn't by any means be intertwined or interchanged for any shitcoin not even to be compared.

In relation to this thread, it's solely a Bitcoin discussion and the only few times shitcoins are being mentioned isa for  illustration purposes.

[Barikui1]

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

You are actually right on this, most of the newbies that signed up in this forum have different motives and intentions, some came to learn, some to earn, some came to advertise their products and services, some even came to know what is going on here, but the one that came to learn and know more about Bitcoin are the ones that came with real intentions, some are even knowledgeable enough to have a very good conversation with you about Bitcoin, but the truth about the whole of this is that, it's good that everyone is being given a chance.

Last year when I came into this forum i knew nothing about DCA method and  other accumulating of Bitcoin strategy, because I am more into trading, it's  a craft I have learned over the years,  so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.

[Troytech]

[edited out]

As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.

One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.

Why late! if you have enough money to invest! You must buy today last week its price was 43k.

We are not talking about cryptocurrencies or shitcoins in this thread.

If you meant to say bitcoin, then why didn't you use the word bitcoin?

I noticed most times that people, especially newbies do not understand Bitcoin and hence misconcept Bitcoin for shitcoins. However, you have taken time to distinguish between Bitcoin and cryptocurrency (shitcoins) hence I will love to buttress this differences to make it more clear to my fellow newbies.

There is a very big difference between bitcoin and shitcoins, one which I love some much is the fact that Bitcoin is a paradigm, it's the first of its kind which brought about the existence of every other coins (shitcoin) the earlier people begin to look at Bitcoin as a paradigm shift the better they will start understanding the whole concept.

It's one of a kind and shouldn't by any means be intertwined or interchanged for any shitcoin not even to be compared.

In relation to this thread, it's solely a Bitcoin discussion and the only few times shitcoins are being mentioned isa for  illustration purposes.

I don't see any reason why someone would be talking about bitcoin and referring to crypto currency, on this thread we are talking about bitcoin investment alone and if you want to say something, say bitcoin and don't bit around the Bush as if what we speak of bitcoin applies to all crypto currencies like shitcoin. So please use the right word next time.

@Churchillvv have given a good difference between bitcoin and shitcoin but let me add a little to that. Apart from bitcoin beign a paradigm, bitcoin has proved itself as an asset worth investing in, and bitcoin is built in a way that as I people continue to hold it, it would continue to gain value because unlike our normal fait currency that is beign printed out everyday, bitcoin has a max supply of 21 million and I can't exceed that amount, hence it would continue to gain value.

And think for yourself 21 million coins for 8 billion persons in the world, Don’t you think you should  also be a holder.

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

You are actually right on this, most of the newbies that signed up in this forum have different motives and intentions, some came to learn, some to earn, some came to advertise their products and services, some even came to know what is going on here, but the one that came to learn and know more about Bitcoin are the ones that came with real intentions, some are even knowledgeable enough to have a very good conversation with you about Bitcoin, but the truth about the whole of this is that, it's good that everyone is being given a chance.

Last year when I came into this forum i knew nothing about DCA method and  other accumulating of Bitcoin strategy, because I am more into trading, it's  a craft I have learned over the years,  so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.

And most of them are just here to fill in the gap, they won't practice anything and some are here to argue that what they know is better than what is beign taught here, nothing to argue about who is right or wrong, but at least most of us have actually practiced some things we are saying and that is more than good enough.

If everyone can actually learn something from this thread then I guess it would be worth their time

[edy_58]

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

Yes, every new user can find out more information about Bitcoin here and those who have joined this forum for a long time and left this forum and in the last few months have returned to look for various information about Bitcoin because they have realized the benefits that may be obtained in the next few months. We also have to be patient with the rankings we will get on this forum and this continues to motivate every beginner who has just joined this forum to provide quality posts here.

[Fuso.hp]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

Yes, every new user can find out more information about Bitcoin here and those who have joined this forum for a long time and left this forum and in the last few months have returned to look for various information about Bitcoin because they have realized the benefits that may be obtained in the next few months. We also have to be patient with the rankings we will get on this forum and this continues to motivate every beginner who has just joined this forum to provide quality posts here.

An experienced investor learns something from a new investor. No one's learning is self sufficient, I think everyone in this forum learns something from everyone. The posts that are made in this section are not only to help newbies but also experienced investors get a lot of help from here. Very few investors knew about DCA investment strategy but hopefully all the investors in this section experienced and new and old investors are now well aware about DCA investment strategy. Not only do they know about DCA strategy but they now invest considering DCA investment strategy as the best investment strategy. Yes there are some new investors who have some wrong idea about investment, they will surely change their idea if they are active in this section regularly and start investing with right idea.

[JayJuanGee]

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

You are actually right on this, most of the newbies that signed up in this forum have different motives and intentions, some came to learn, some to earn, some came to advertise their products and services, some even came to know what is going on here, but the one that came to learn and know more about Bitcoin are the ones that came with real intentions, some are even knowledgeable enough to have a very good conversation with you about Bitcoin, but the truth about the whole of this is that, it's good that everyone is being given a chance.

Last year when I came into this forum i knew nothing about DCA method and  other accumulating of Bitcoin strategy, because I am more into trading, it's  a craft I have learned over the years,  so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.

It is good to know about your background, yet as you likely realize, this thread is not about trading, and so no one is stopping you from participating in this thread, except if you try to pump trading and talk about trading in this thread,, you are likely to get some pushback, including that guys may well tell you to take your off-topicness to another thread in which you would be on topic.  There are forum threads that talk about trading, and if you want, you can even create your own trading thread..

[Greyhats]

Hey all,

I started my dca journey back in 2021, to see the price today of 50k is just amazing. I have never had any investment increase in value so much in such a short amount of time. We are not done here either, that means keeping doing your dca even tho we are at a yearly ath. Keep calm and dca on!

Have fun,
Greyhats

@jjg I went back and looked at our dms in dec 2021, your advice then is the same as your advice now. I’m really glad I listened, learned and figured it out. Thank you!

[Marvelockg]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

except what you are referring to is a short term investment if not either choosing to invest at $38k or $50k doesn't make any difference for a long term investor. The rate of volatility were are currently experiencing hasn't gotten to the height where you will assume that it isnt profitable to buy at the moment. Although it would have been more profitable to buy at the $38k to $40k price,  buying bitcoin at it current price is still very much okay.

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time in the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

is it true that bitcoin price has a peak value? And that the current price is the highest it can go? I doubt to be really honest. I still feel that you're still sounding like one that is relating with the price of bitcoin as a trader rather than someone interested in holding for a long time. If you look at the price of bitcoin at the range of five to six years back and you compare it to the current bitcoin price at the moment, you wouldn't consider $50k a peak at all. If you have the resources to accumulate bitcoin now, I feel it's still okay to do so because considering the recent happening in the global market and the high rate of dependence and adoption bitcoin has experienced, buying at the current price and holding for just five to seven years will give you a very profitable investment.

[Justbillywitt]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret. In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

[Hewlet]

Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret.

the truth is that failing to buy during a particular bearish period shouldn't make you to regret. There are individuals that haven't heard about bitcoin at the moment that will later know about it latter on, they will still buy at the current price of bitcoin at that time and will still make profit during future bull runs. Some of us that have joined this current set of Holders have not experienced the previous circles and within some few months into our investment, there is a reason to smile to some extent.

In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

this sums up the essence of this discussion. Their is no advantage in procrastinating or excessively waiting for a price that is as bearish as shit before buying. The only guarantee that you will make a profit out of your investment is to buy at regular intervals.

[Churchillvv]

[Edited out]

The market  Bitcoin now $38k and will not take long to touch to $50k. This kind of price movement can indeed present both opportunities and challenge for investors. For those who were considering investing but hesitated due to concerns about further drop it is understandable to feel a sense of missed opportunity as the price has since risen. Investing in cryptocurrencies like Bitcoin can be highly unpredictable and timing the market perfectly is difficult.

It is important for investors to carefully assess their risk tolerance and investment goals before making any decision. While it can be tempting to try to time the market and catch the low it is also crucial to be aware of the potential for losses if the market moves against your position.

I'm not certain at this point where you are speaking from but I'm sure your absolutely wrong. Bitcoin is around 50kish since yesterday and has not dropped below 40k in the last weeks so I do not know where your 38k came from. You can take a look at coinmarketcap Bitcoin price here https://coinmarketcap.com/currencies/bitcoin/

If you have been following up from past pages of this thread you will find out that JayJuanGee have buttressed the case of timing the market before purchasing which we all have been talking about over some time now. with the help of DCA, you do not necessarily need to time the market and I believe by now most investors has taking good opportunities through this methodology to accumulate some quantity of Bitcoin.

With the modification and strategic buying of Bitcoin one do not need a definite timing of the market to buy, if you applied the few instructions in buying bitcoin you will end up accumulating more Bitcoin. Buy every dips which is more like the key concept of this thread and lump sum when necessary and the best of them all DCA, on a weekly and monthly basis as far as you emergency funds and other type of funds that can facilitate your day to day life has been put to other.

[ultrloa]

The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.

We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum.

You are actually right on this, most of the newbies that signed up in this forum have different motives and intentions, some came to learn, some to earn, some came to advertise their products and services, some even came to know what is going on here, but the one that came to learn and know more about Bitcoin are the ones that came with real intentions, some are even knowledgeable enough to have a very good conversation with you about Bitcoin, but the truth about the whole of this is that, it's good that everyone is being given a chance.

Last year when I came into this forum i knew nothing about DCA method and  other accumulating of Bitcoin strategy, because I am more into trading, it's  a craft I have learned over the years,  so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.

It is good to know about your background, yet as you likely realize, this thread is not about trading, and so no one is stopping you from participating in this thread, except if you try to pump trading and talk about trading in this thread,, you are likely to get some pushback, including that guys may well tell you to take your off-topicness to another thread in which you would be on topic.  There are forum threads that talk about trading, and if you want, you can even create your own trading thread..

Sometimes people got carried on with the discussion happening this is why sometimes they insert the trading talks in this thread without them realizing but also its good that there are people correct them since we can see that a lot of people paying attention to the current discussion happening and they want to continue to good flow and avoid any off topic that can dismantle this thread.

But anyways BTC is now touching up at $50k at it really means that there's always good thing to receive by those people who believe on long term that's why we can see a lot of people are now enjoying on current achievement they get for the rise gotten by bitcoin at this moment.

[Roseline492]

[edited out]

As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.

One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.

Why late! if you have enough money to invest! You must buy today last week its price was 43k.

We are not talking about cryptocurrencies or shitcoins in this thread.

If you meant to say bitcoin, then why didn't you use the word bitcoin?

if you don't know how to use the word bitcoin, then you likely do not understand bitcoin, and you need to learn how to use the word bitcoin in order to not be presenting gobble-dee-gook ideas merely because you are trying to sound smart, and one of the first steps is to know when you use the word bitcoin and when to use the term cyptocurrency.. perhaps if you are denigrating shitcoins or maybe in a context in which you have clearly distinguished bitcoin within the context of your use of such otherwise vague and meaningless term.

You are right @JayJuanGee that's an interesting clarification because it seems @Olatundespo was missing up some things together and perhaps it seems he is not too familiar with the word Bitcoin because from my understanding he doesn't really know what cryptocurrency represent but perhaps I believe that after ready your clarification he should be able to understand the word Bitcoin instead of using cryptocurrency to represent the word Bitcoin, funny enough this not the first time I'm seeing someone using cryptocurrency instead of the word Bitcoin but however I realized that he has no knowledge about it and his understanding was that cryptocurrency is the right name without knowing that there is a difference and from there he was able to distinguish between cryptocurrency and Bitcoin.

[Tmoonz]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret. In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

Yes of a truth,  on the  note that the early you invest the the more compounding interest works to your advantage over those who started later on. But if you understand your asset(Bitcoin) and know the reason why you are buying (which should be for long term) then there should be no reason for much regrets, nobody can perfectly time the market when to buy, the most important thing is to buy because the feeling of regrets might makes you miss out the next opportunity.

It has been said that the best time to enter the market was yesterday and the second best time is today, this bring about those procrastinating buying Bitcoin or those talking about the best time to buy, is never tomorrow regardless of the speculations on both the bear and the bull seasons, if you can't buy now there is no certainty that you will be able to buy tomorrow.

[Troytech]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret. In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

You have a point saying that bearish market is good for the buying, but I don't think that anyone should be in  regret about missed opportunities, cause  everytime is a good time to start your accumulation journey, what would say about those that knew about bitcoin for more than 8 years ago and didn't take any action about it, sure they would feel messed up about that missed opportunity, but the truth is its not too late to start investing in bitcoin, even now some are still speculating 100k bitcoin price this year, while it's not guaranteed to happen but there is still hope for anyone who didn't start then, and I'll tell you that starting late doesn't guarantee how many bitcoin we would end up with, as long as such person stays on his track of using DCA strategically and finds a way to increase his allocations to buying bitcoin or maybe even some front loading on his portfolio he might not end up in much regret once he has consistently been practicing buying and holding for 4 years and finally he would be much happier, he might even end up with more bitcoins in his portfolio than most of us.

Anyone can still start investing this year or even next year and not be too late, all we are saying is that investing now is the best 👌,  the earlier the better.

[JayJuanGee]

Hey all,
I started my dca journey back in 2021, to see the price today of 50k is just amazing. I have never had any investment increase in value so much in such a short amount of time. We are not done here either, that means keeping doing your dca even tho we are at a yearly ath. Keep calm and dca on!

Have fun,
Greyhats

@jjg I went back and looked at our dms in dec 2021, your advice then is the same as your advice now. I’m really glad I listened, learned and figured it out. Thank you!

It can really pay off to stick with something, even if you end up with higher costs per BTC... but there tends to be really no way of knowing that the  BTC price is going to continue to go down.. so some of us who start buying at or towards the top might get a bit discouraged, but with an asset class like bitcoin the persistency pays off.... and such persistent buying may well not end up paying off with any shitcoin.. so you gotta be careful if you try to apply the same persistency to a shitcoin.. which we should realize that bitcoin does not fit into such category..

And, so by the way, you  and Saylor ended up being in a bit of a similar camp.. since Saylor had bought quite a bit of BTC at various points during the 2021 top... and so he ended up dragging up his cost per BTC quite a bit..  ... but yeah, Saylor is a bit of a different story, even though some of the persistent DCA still can be seen through what he had been doing and continues to do.

By the way, I even heard some seemingly smart guys misinterpreting the fact that the further that anyone of us goes back in our BTC journey, the more and more compounding our BTC investment tends to experience, so they were reading the recent entrants having way lower returns as some kind of indication that there is a need for recent entrance to change their strategy (meaning to trade more), which truly is both a bunch of bullshit, but also misleading..

because the BTC-related DCA data has always tended to show that the more recent entrants in the market tended to be way worse off than the ones who had been in longer.. and sure there are some cases in which guys are going to be able to buy on dips and lower their cost per BTC, but I doubt that they are going to do better than then guy who continues to buy.. including the guy who continues to buy can also buy extra on dips.. and at some point he is going to feel that he has enough.. which is difficult to imagine too many scenarios of guys having enough in less than a full cycle of BTC accumulation.. sure there are cases, but the vast majority likely are better off to ongoingly, persistently, consistently and maybe even aggressively buy BTC for at least 4 years and then reassess the extent to which you might modify your approach.. and even with 4 years of doing that and likely having decent chances of being in profits (without guarantees) you may well end up assessing that you need 2 more years (so a cycle and a half) of fairly continued and aggressive (but not too aggressive) BTC accumulation.

..... the early you invest the the more compounding interest works to your advantage over those who started later on.

In bitcoin it is not good to think in terms of compounding interest, but instead think in terms of compounding value.  

I touch upon that comparison in another thread in a post of mine from a few days ago:

For example, even just looking at where bitcoin was in 2015, we can see that there have been about 9 doubling of bitcoin's value events (in terms of it's dollar value) and yeah some retracements but still we are currently still around 8 doublings since 2015 (that is ONLY a little more than 8 years).

1) $250  (2015)
2)  $500  (2015-2016)
3)  $1,000    (2016-2017)
4)  $2,000  (2017)
5)  $4,000  (2017-2020)
6)  $8,000   (2017-2020)
7)  $16,000  (2017-2022)
8 )  $32,000  (2021-2023?)
9)  $64,000  (2021-?)
10)  $128,000  (?)

Historically, those value appreciations in bitcoin have been way greater than the debasement of the dollar even if someone were to have had paid you 10% interest on the dollars that they were holding for you, it still would have had been better for you to keep your value in bitcoin even if no dividends or interest had been paid by keeping your value in bitcoin and stored by yourself in isolation.

Historically, many folks have gotten overly greedy with their bitcoin and they put their bitcoin with third-parties in order to receive interest or yield and then they end up getting fucked.. so frequently it is not worth the risk to be using those kinds of interest bearing products in relation to your bitcoin, unless you can have some confidence that they are not gambling with your BTC too much.. which is truly difficult to assess because sometimes they are lying to you about what they are doing with your BTC in order to earn the yield.

[Barikui1]

After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.

Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret. In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

You have a point saying that bearish market is good for the buying, but I don't think that anyone should be in  regret about missed opportunities, cause  everytime is a good time to start your accumulation journey, what would say about those that knew about bitcoin for more than 8 years ago and didn't take any action about it, sure they would feel messed up about that missed opportunity, but the truth is its not too late to start investing in bitcoin, even now some are still speculating 100k bitcoin price this year, while it's not guaranteed to happen but there is still hope for anyone who didn't start then, and I'll tell you that starting late doesn't guarantee how many bitcoin we would end up with, as long as such person stays on his track of using DCA strategically and finds a way to increase his allocations to buying bitcoin or maybe even some front loading on his portfolio he might not end up in much regret once he has consistently been practicing buying and holding for 4 years and finally he would be much happier, he might even end up with more bitcoins in his portfolio than most of us.

Anyone can still start investing this year or even next year and not be too late, all we are saying is that investing now is the best 👌,  the earlier the better.

You are actually right on this bro, their is no need to regret of missed opportunity, the DCA method makes every minutes of the day am opportunity to buy and it's also make it easier in the accumulating process, right now we are still in the early days  of Bitcoin, so I believe that it potential is way more than this $50000 Mark that it's now, Bitcoin as an asset have behaved like a fine wine 🍷🍾 over the years because it get better with age, and I believe that due to it limited supply, it has the potential of going up to $500000 Mark in the nearest future.