Buy the DIP, and HODL!

[Negotiation]

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.[\b]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

Ultimately it is good for each of us to get our priorities straight, including that a lot of people fail/refuse to invest, and maybe they do not have opportunities to invest, so they may end up working their whole lives without really being able to stop because they don't have enough money to be able to stop or even to slow down without suffering from their lack of any kind of meaningful nestegg.

Bitcoin provides an opportunity for anyone and everyone to invest, even with a relatively small amount, but like you suggest Sim_card, there should be some kind of a meaningful amount in order for the outcome to have some kind of potential for meaningfully impacting the person.

Frequently, I suggest to shoot for 10% of your income and/or expenses, so then at least after 10 years, you would have had invested a whole year's of income. even though surely income levels and expenses are likely to increase over the years, but it seems that investing in bitcoin has a good chances to keep up with and perhaps even outperform inflation(and/or the debasement of fiat currency values).

In the end, it seems to be a matter of priorities, even though surely there are some folks who really do struggle to figure out ways to earn an income that is high enough that they are actually able to invest, so it is hard to blame people for those kinds of circumstances, even though bitcoin does seem to be amongst one of the best ways forward if they are actually able to figure out a way to earn more than their expenses and to stock (stack) some of their value away in some kind of savings/investment - including the need to maintain an emergency fund, too.

I basically wanted to understand here, start the investments at a small level and increase it slowly. But if one starts with big planning then it can be seen that sometimes he gets into any kind of problem. But as far as I have seen small investments play the most effective role in the long run. Because small investments are easier to make than large ones.

[1714755133]

1714755133

[1714755133]

1714755133

[JayJuanGee]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

No one would just venture into market without them drawing their analysis to know when is the safe time for them to enter market or not, just as what happened recently when the market touched 73k plus and people with this mindset rushed to acquire more asset thinking this could possibly break out the market to hit 100k. But unluckily that was the worst entry from any trader although I can't still dispute that after halving we could still witnessed another new ATH but at this point those who already jumped into the market are just like people who jumped from fire to frying pan without any rescue except we have finished halving before the main bull run will come, at that moment investor can decides to take profits from every investment except such person has decided to hodl for decades.

You seem to have a pretty narrow view, and you also seem to assume that because the BTC price has gone up then it is bound to correct, which may or may not be true.

If you do not have any bitcoin, then the ONLY way to prepare for UP is to buy bitcoin.

Furthermore it can take a real long time for a newbie to build a bitcoin portfolio, perhaps 10-15 years or longer, so there could be  a lot of value in getting started, rather than waiting.. and no one really understands all aspects of the bitcoin market, so there likely is no problem to get started and to learn as you go and learn as you are initially establishing your position, whether you are starting with $100 per week or $10 per week or some other amount that might be appropriate to get started.

[edited out]

The individuals who consistently attempt to gauge the Bitcoin market before investing are often short-term holders. In contrast, those who adopt a long-term approach may not focus as much on timing the market meticulously before entering. Instead, they gradually accumulate Bitcoin until their allocated funds are exhausted. Vigilantly timing the market can result in significant losses for some investors. This situation reminds me of a friend who has been timing the Bitcoin market since it reached $20k He now waits for the price to drop back to $15,000, hoping it will decrease even further.However, this strategy caused him to miss out on purchasing opportunities when Bitcoin was valued at $20k, $30k, and $40k. Yet, he persists in attempting to time the market even as the price drops to $50k

This is a very good example. .The need to get the fuck started and to figure out some of the other details later.

I am not suggesting that timing the Bitcoin market is inherently bad; indeed, it can be beneficial if one can buy at a low price. However, constantly trying to time the market, especially when planning to hold onto Bitcoin for the long term, can be a futile endeavor. In fact, because of this focus on market timing, some individuals later make attempt with the money they have plans for to invest in Bitcoin.

Timing may well be a more advanced technique and also apply to someone who had already established a decent bitcoin position.. and yeah, almost no one needs to be fucking around with time, especially if they are starting out without any bitcoin.

Now, if they have $12k that they can invest into bitcoin and maybe they have another $6k that they are going to earn over the next 6 months, then they have $18k over the next 6 months, and if they don't want to invest it all (even the $12k that they currently have available), then maybe they could start by investing $4k to $8k right away and then dividing the other portion into buying on dips and/or DCA... yet one of the important things is to get started with some kind of plan and then if the person is really whimpy then maybe they don't invest right away and maybe they set up some buy on dip points, but that is likely a loser strategy if they are starting out without any bitcoin, so even if the BTC price might start to correct, it is probably better to get the fuck started with some kind of investment right away and then perhaps supplement with the other strategies of buying on dips and DCA.

But hey whatever, people can do whatever they want, and if they are no coiners and lowcoiners who are waiting for dips rather than acting, they may well end up being on the wrong side of the greatest wealth transfer known to man because they were too timid in their ability to figure out some kind of a working position size, even if it might be starting out whimpily. .whimpily is likely to be better than nothing...Of course, no guarantees, yet each of us are responsible for our own actions, and even failing/refusing to act is an action and each of us is responsible if we choose to go down the course of failing/refusing to act.

[edited out]

Things like pension are not very reliable sources of investment and from the persons age he should be quite old and retired if he is living off pension, so investing in bitcoin to reach a fuck you status should be around 1 bitcoin or 4 bitcoin for him( just assuming), which should be almost 300k$ and yeah considering his age he wouldn't have enough time to invest, so let's say he has 4-5 years to get to this fuck you status of 4 bitcoin then we should be talking about an average of 1.4k invested weekly for 206 weeks and yeah bit woudl do it's usually of having ups and down, but if he is only relying on pension to get to this fuck you status that would be  realistic, cause I've heard that sometimes pension pays can be delayed, and apart from that we can't expect him to invest so much in bitcoin at that age cause he might be considering his health and well being which might already be eating off a major part of his pension. So your damn right.

I think that you are trying to pigeon-hole too much if you are trying to describe a pensioner in too much of a narrow way, because there can be pensioners who have differing levels of pensions, and also pensioners who are newly starting to draw from their pension or pensioners who might have had been drawing on their pension for a lot of years.

Surely any pensioner would have to consider his investment timeline of 4-10 years or longer and also might need to focus on whether he is able to at least invest a minimum of 4 years, and the concept of fuck you status might not really apply so much for a pensioner, especially if the pensioner is already NOT working, since the idea of fuck you status is being able to discontinue working.. perhaps even before such a time that regular folks go into retirement status.. so a pensioner is largely already in retirement status, even though there still are going to be some pensioners who might still work and some of that extra work might be due to necessity and other might be as a form of optionality and not directly motivated by finances. even though presumably anyone who is working would be receiving money for the work.

What would have worked well for most public workers is that the amount that's taken out of their monthly salary for the purpose of pension would have probably been invested into an asset at least five years to thier retirement and they will be allowed to take it out at the time of their retirement.

This isn't a bad Idea but you can't be relying on the government to make good decisions for you concerning your future, I think a more better situation would have been to start
Investing in bitcoin earlier with the DCA method even if it's only small amounts of allocation to it and that would stack up over the years, even better to become fully responsible for their retirement by going all out to invest in bitcoin and preparing for the retirement themselves.

Pensioners might already have a lot of experience investing.  It seems problematic to be considering pensioners as if they were just starting out, and another thing is that any part that they invest may well start to be drawn upon down the road, so maybe if a pensioner invests $50 per week into bitcoin for 4 years (which would be $20,800 invested), then maybe after 4 years or so, then maybe the pensioner will start to withdraw some amount from the pension . maybe if the amount had appreciated to $40k, then maybe the pensioner could start to withdraw at somewhere around $100 per week or some other amount that the pensioner believes to be a good supplement of his income... so then if he does not have any idea of when he might die, then maybe he could keep withdrawing at $100 per week for 10 years or longer.. which in part might depend on how well the BTC keeps its value and whether he is withdrawing at a sustainable rate... as i describe these ideas in my sustainable withdrawal thread.

Most countries like mine has a routine of taking 8% of yyour monthly income which will accumulate to what you will receive as pension after retirement, it's mostly calculated before you receive your monthly pay and the rest comes in as your salary. If you work for an average of 30 years, then imagine if that 8% of your income was actually invested into an asset instead of lucking them up to be paid in installments at the point of your retirement. This goes to show the value of the knowledge we have now with respect to investing using the DCA strategy. What they where doing is basically saving in fiat using the DCA strategy but because fiat is subject to inflation and don't really gain value after all the years of saving, the value of the amount that's being paid as pension end up not good enough to sustaining most retired people and some that should have been enjoying thier retirement benefit and would have reached the fuk you stage would find themselves in a position of thinking about making investment at an old age.

I still stand on my ground that it would be better to take this action yourself than rely on government to think in terms of what woidl be better for you or not, anyone that has been working for over 20 years and let's say with an income of 5000$ and decides to remove a little percentage of this as 5% which would be about 250$ to invest in bitcoin through DCA method on a weekly interval which would be a total of 25% monthly invested I bitcoin would be on a much better track than and has a better chance of a good retirement than any pension salary, okay let's imagine that the government didn't take any amount from their salary and pension became optional, I still doubt that many would still consider bitcoin even as the best over the pension, so yeah this decision to invest in bitcoin would be a self decision.

There is a difference between starting from scratch versus if someone is already receiving or about to receive a pension.. so of course, at any point in time, a person can supplement their other kinds of income by investing into bitcoin. They do not need to exclude their other sources of income merely by choosing to supplement their income with their bitcoin investment that later down the road may well come in handy in terms of providing more options, whether someone is brand new to bitcoin and investment or even if the person may have already been investing int bitcoin and other things for many years, there could be decisions about whether to increase a bitcoin investment, which might even sometimes have options of rolling other investments into bitcoin which can come at various stages in life in terms if someone is already retired or perhaps nearing retirement.

[edited out]

I basically wanted to understand here, start the investments at a small level and increase it slowly. But if one starts with big planning then it can be seen that sometimes he gets into any kind of problem. But as far as I have seen small investments play the most effective role in the long run. Because small investments are easier to make than large ones.

You likely should want to try to be as aggressive as you are able to be without ever touching your BTC investment for 10 years or longer... so if you are more easily able to resist touching your BTC if you invest a smaller amount, then that is your choice.

There are so many people who are unable to resist touching their investment, and you seem to be that kind of a person, so you have to figure out a way to teach yourself how  to invest in a long time period without touching the investment and letting it build and grow.  Likely part of the solution is that when you invest, you also create an emergency fund that you never touch and then also establish reserves that you can touch and also a float which also is going to vary throughout the month.. so in the end you have to figure out way to maintain layers of protection so that your bitcoin is not serving as your emergency fund, and you are exercising responsible financial management that you likely are mostly using your reserves for any fluctuations and emergencies and you hardly ever would be touching your emergency fund absent a big emergency.. but if you prepare, you may well not even have to touch your emergency fund in an emergency because you would likely spend from your reserves first.. but of course, however you set up these funds and put them into practice is completely within your discretion and hopefully any amount you put into bitcoin can be stocked away, perhaps 10-15 years or longer. especially for guys like you who seem to be tempted to dip into your bitcoin investment way before it is even time to be dipping into it..

[Bloodseekers]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

[I_Anime]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

[Chibit01]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

Is it always profitable to hodl (hold) Bitcoin
While Bitcoin has experienced significant growth over the years, it's important to remember that the cryptocurrency market can be highly volatile. This means that the value of Bitcoin can fluctuate quite a bit in a short period.

HODLing (holding) Bitcoin can be a long-term investment strategy for many people, especially if they believe in its potential for future growth. However, it's crucial to consider your own financial goals, risk tolerance, and market conditions before making any investment decisions.

It's also worth noting that past performance is not indicative of future results, and the cryptocurrency market can be unpredictable. It's always a good idea to do your own research, stay informed about market trends, and consider seeking advice from a financial professional.

[Kwarkam]

The only time I know that an investor should begin to analyze the market is when they know that they don't have the spare money to invest in bitcoin. However if they have, they can invest in bitcoin by using a DCA strategy to accumulate more bitcoin because anytime an investor tries to invest in bitcoin in the long run, he or she is in for profits in the future since they are investing with their spare money. So, let's buy the dip and keep hodling because the future of bitcoin is ever-bright.

Well, I think someone who is a long term investors has no business analyzing the market, that's a thing for traders to do.  The twist there is the dip where most holders use as a window for accumulating, btc, whether or not using DCA, but then for someone who hasn't figured his way around Bitcoin,  (whether or not he intends to trade) dcaing isn't a bad idea too. For someone who has invested chunks and lost to shitcoins,  Bitcoin actually is not that way, but clearly if you ever invested in shitcoins, you're a newbie to crypto, so you'll naturally panic at dips in btc, but then, for starters for such a person, dcaing is best, so you don't panic at dips too much as when you do lump sums, when you get the hang of it and realize how much you've lost to shitcoins, you can then lump sum, or continue however your pocket can carry, then you buy the dip and HODL

[ultrloa]

The only time I know that an investor should begin to analyze the market is when they know that they don't have the spare money to invest in bitcoin. However if they have, they can invest in bitcoin by using a DCA strategy to accumulate more bitcoin because anytime an investor tries to invest in bitcoin in the long run, he or she is in for profits in the future since they are investing with their spare money. So, let's buy the dip and keep hodling because the future of bitcoin is ever-bright.

Well, I think someone who is a long term investors has no business analyzing the market, that's a thing for traders to do.  The twist there is the dip where most holders use as a window for accumulating, btc, whether or not using DCA, but then for someone who hasn't figured his way around Bitcoin,  (whether or not he intends to trade) dcaing isn't a bad idea too. For someone who has invested chunks and lost to shitcoins,  Bitcoin actually is not that way, but clearly if you ever invested in shitcoins, you're a newbie to crypto, so you'll naturally panic at dips in btc, but then, for starters for such a person, dcaing is best, so you don't panic at dips too much as when you do lump sums, when you get the hang of it and realize how much you've lost to shitcoins, you can then lump sum, or continue however your pocket can carry, then you buy the dip and HODL

If they are serious for accumulating and intend all their balance for long term then they doesn't need to think about analyzing the market since they could accumulate at any price they want without getting bothered on current movement of the market. Those people who tries to analyze will just get distracted especially if they see the market is collapsing and for sure this will make them decide not to buy since they afraid to buy then the market continue to collapsed. This is how people regret their decisions for not buying then they see a big pumps sol to avoid getting any regrets feelings then they should ignore the volatility and just accumulate to hodl. They can use whatever strategy that fits them since the most important thing there is they have bitcoins to hold for long term.

[Kwarkam]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

Is it always profitable to hodl (hold) Bitcoin
While Bitcoin has experienced significant growth over the years, it's important to remember that the cryptocurrency market can be highly volatile. This means that the value of Bitcoin can fluctuate quite a bit in a short period.

HODLing (holding) Bitcoin can be a long-term investment strategy for many people, especially if they believe in its potential for future growth. However, it's crucial to consider your own financial goals, risk tolerance, and market conditions before making any investment decisions.

It's also worth noting that past performance is not indicative of future results, and the cryptocurrency market can be unpredictable. It's always a good idea to do your own research, stay informed about market trends, and consider seeking advice from a financial professional.

Firstly, HODLing is a superb strategy if you want to get the best out of Bitcoin. With that in mind, you have to know what kind of investor you are, based on your objectives, priorities and purpose.
Why are you doing Bitcoin?
HODLing Bitcoin is unquestionable for a person using btc as retirement plan, and when we're talking about HODLing being profitable, it's not shitcoins we're referring to. Even as you said that the cryptocurrency market is unpredictable, still you CANNOT compare btc's performance over the years to shitcoins, and the future promises too.
If you intend to be a trader, bull runs are when you sell,  traders panic at dips, HODLers accumulate during that period, what kind of investor you are just depends on how big of the picture you see.

[Chibit01]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

Is it always profitable to hodl (hold) Bitcoin
While Bitcoin has experienced significant growth over the years, it's important to remember that the cryptocurrency market can be highly volatile. This means that the value of Bitcoin can fluctuate quite a bit in a short period.

HODLing (holding) Bitcoin can be a long-term investment strategy for many people, especially if they believe in its potential for future growth. However, it's crucial to consider your own financial goals, risk tolerance, and market conditions before making any investment decisions.

It's also worth noting that past performance is not indicative of future results, and the cryptocurrency market can be unpredictable. It's always a good idea to do your own research, stay informed about market trends, and consider seeking advice from a financial professional.

Firstly, HODLing is a superb strategy if you want to get the best out of Bitcoin. With that in mind, you have to know what kind of investor you are, based on your objectives, priorities and purpose.
Why are you doing Bitcoin?
HODLing Bitcoin is unquestionable for a person using btc as retirement plan, and when we're talking about HODLing being profitable, it's not shitcoins we're referring to. Even as you said that the cryptocurrency market is unpredictable, still you CANNOT compare btc's performance over the years to shitcoins, and the future promises too.
If you intend to be a trader, bull runs are when you sell,  traders panic at dips, HODLers accumulate during that period, what kind of investor you are just depends on how big of the picture you see.

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy.

I have been associated with traders for more than 12 years, and one things this has taught me is to go for the subject and not for the trade. Bitcoin collection has innumerable subjects across the world based on location and period of coins.

My first suggestions is to have a thorough understanding of a subject before stepping into collecting coins. For e.g. Bitcoins is one of the very popular subject among collectors and has made coin collecting one of the main stream business across the globe. This further has sub categories which can be traced to multiple
 Cryptocurrency established across the world.

My approach to bitcoin collecting is choosing a subject which interests you, firstly, and also has a good historical importance. Once you have that, focus on how you should approach collecting your coins. Any coins is special in it's own way and has it's one piece of history. Investing in the history is what I always recommend. And for an investment outlook, always set your targets and plan trade around the targets.

I don't know if you understand at all comrades

[Tmoonz]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

To an extend the level of our fiance, risk tolerance and investment objectives has an important role in terms of  percentage allocation towards our investment because there are people who can go as far as using 20 to 30 percent of there income based on the level of his finance and the believe he has on Bitcoin as well as his investment objectives, for instance some one can have a specific number of years planned out to meet up accumulating certain quantity of Bitcoin in his portfolio where allocating 10 percent might not be enough to meet up within the number of years,  he might decide to use up to 20 to 30 percent just for him to meet up that specific time and may probably reduce all his budgets and expenses on other things just for him to meet his investment goals and objectives within the specified period, while he has already made others plans of  taken care of his needs and also make arrangements for his emergency, reserved and float funds by making use of the various strategies such as the dca , lump sum, and buying at the dip where and when necessary.

[Kwarkam]

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy.

I have been associated with traders for more than 12 years, and one things this has taught me is to go for the subject and not for the trade. Bitcoin collection has innumerable subjects across the world based on location and period of coins.

My first suggestions is to have a thorough understanding of a subject before stepping into collecting coins. For e.g. Bitcoins is one of the very popular subject among collectors and has made coin collecting one of the main stream business across the globe. This further has sub categories which can be traced to multiple
 Cryptocurrency established across the world.

My approach to bitcoin collecting is choosing a subject which interests you, firstly, and also has a good historical importance. Once you have that, focus on how you should approach collecting your coins. Any coins is special in it's own way and has it's one piece of history. Investing in the history is what I always recommend. And for an investment outlook, always set your targets and plan trade around the targets.

I don't know if you understand at all comrades

I'm waiting for the part where you actually make your point. Exactly what I said, when it comes to BITCOIN, HODLing is superior to trading if real profit is what you aim at, and as an investor, it should.
But then, it still boils down to your priorities and objectives. If you read my post, you'll see I mentioned. And then, it's not like traders don't have their 'profits' either, or like traders are jokes, but it's this; it's just an aspect of bitcoining. Not everybody is a long-term investor, so not everybody can be a holder,  based on whatever reasons there is. I would like you to expanciate on your post a bit, because, comrade, I don't really get the point.

[Barikui1]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

Is it always profitable to hodl (hold) Bitcoin
While Bitcoin has experienced significant growth over the years, it's important to remember that the cryptocurrency market can be highly volatile. This means that the value of Bitcoin can fluctuate quite a bit in a short period.

HODLing (holding) Bitcoin can be a long-term investment strategy for many people, especially if they believe in its potential for future growth. However, it's crucial to consider your own financial goals, risk tolerance, and market conditions before making any investment decisions.

It's also worth noting that past performance is not indicative of future results, and the cryptocurrency market can be unpredictable. It's always a good idea to do your own research, stay informed about market trends, and consider seeking advice from a financial professional.

Firstly, HODLing is a superb strategy if you want to get the best out of Bitcoin. With that in mind, you have to know what kind of investor you are, based on your objectives, priorities and purpose.
Why are you doing Bitcoin?
HODLing Bitcoin is unquestionable for a person using btc as retirement plan, and when we're talking about HODLing being profitable, it's not shitcoins we're referring to. Even as you said that the cryptocurrency market is unpredictable, still you CANNOT compare btc's performance over the years to shitcoins, and the future promises too.
If you intend to be a trader, bull runs are when you sell,  traders panic at dips, HODLers accumulate during that period, what kind of investor you are just depends on how big of the picture you see.

It's very true that a long term holder sees things totally different from a short term holder, because anytime the market deep, a long term holder sees it as opportunity to buy aggressively as long as it doesn't affect his emergency funds, while a short term holder always panic and most of them sell, anytime their is a correction in the market, so it's very clear that the reaction of an investor determine if truly he is a long term holder or not.

[I_Anime]

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy

Yeah hodling Is the goal here, because bitcoin as the potential to keep on growing, ( though there's no guarantees) but still we'll believe so. So having the thought of selling your bitcoin won't be smart at all. But there's some point you can decide to take some profit from your investment , when you have gotten far with your accumulation , so if you have gotten to such point this would be helpful JJG Sustainable Bitcoin WithdrawalStrategy

My approach to bitcoin collecting is choosing a subject which interests you, firstly, and also has a good historical importance. Once you have that, focus on how you should approach collecting your coins. Any coins is special in it's own way and has it's one piece of history. Investing in the history is what I always recommend. And for an investment outlook, always set your targets and plan trade around the targets.

sorry, any coins sounds off-topic, if you're talking about other shitcoins that definitely sound off-topic, this thread all about holding bitcoin, not other coins . FYI not all coin are special alot of shitcoins at there have gotten alot of investors reckt due to some irrelevant hyped that lures alot of investors investing on them .so we should be careful from such coins , though there are rush in investing in bitcoin but still the risk can be minimised expecially when you are hodl.

[FinePoine0]

It's very true that a long term holder sees things totally different from a short term holder, because anytime the market deep, a long term holder sees it as opportunity to buy aggressively as long as it doesn't affect his emergency funds, while a short term holder always panic and most of them sell, anytime their is a correction in the market, so it's very clear that the reaction of an investor determine if truly he is a long term holder or not.

If a person invests properly and creates a desire to buy DCA regularly, then that person will definitely invest for long term. But those who sell opportunistically and are willing to sell their holdings out of greed are essentially in business. They will never be able to keep calm when they see the high movement of the market, so those who are essentially long-term holders must wait for a few years. And he will keep calm and be prepared to extend his investment for longer. That is the clarity of long-term investing.

[michellee]

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy

Yeah hodling Is the goal here, because bitcoin as the potential to keep on growing, ( though there's no guarantees) but still we'll believe so. So having the thought of selling your bitcoin won't be smart at all. But there's some point you can decide to take some profit from your investment , when you have gotten far with your accumulation , so if you have gotten to such point this would be helpful JJG Sustainable Bitcoin WithdrawalStrategy

Yes, you are right. Hodling is the goal of investors so that they can get maximum profits and can expand their profits. But some people try to sell a small portion of Bitcoin to take advantage and that is fine because it might be a plan they have prepared beforehand. But they still keep most of their Bitcoins and carry out DCA to add more Bitcoins.

Each person must have their own plan and if you haven't made it yet, make it immediately before everything changes and you are really too late. Investing in Bitcoin using DCA is a good plan so that we can have peace of mind in investing the money we have but of course, we have to learn more before making a decision.

[Mayor of ogba]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

to be honest, some people need to fix their finance before even thinking about buying Bitcoin. how do you allocation just a $10 worth of investment in a whole month and you are hoping it will amount to anything big in the next ten years? I know everyone's income is not the same and while it might be easier for some to invest with something as high as $100 a week, others might not cope with that but we all know that our finance is one aspect of our lives that's very important and that we have to take it seriously and and not allow an average mentality tire us down to taking our investment casually.

I disagree with you. Since bitcoin is a long-term investment, I see nothing wrong if someone uses $10 to accumulate bitcoin in a month because he or she has tried to start accumulating bitcoin with the little fund within his reach. That person might be using $10 to accumulate bitcoin a month just to have enough money left to take care of his financial needs so that he or she will not sell his bitcoin investment to solve an emergency issue. In the process of accumulating bitcoin with the DCA strategy, the person can get a better job, and he or she can increase the amount of money he or she uses to accumulate bitcoin monthly. And in the end, if the person sells his bitcoin, they will make a profit. So there is nothing wrong with accumulating bitcoin with the little funds you have.

[avp2306]

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy

Yeah hodling Is the goal here, because bitcoin as the potential to keep on growing, ( though there's no guarantees) but still we'll believe so. So having the thought of selling your bitcoin won't be smart at all. But there's some point you can decide to take some profit from your investment , when you have gotten far with your accumulation , so if you have gotten to such point this would be helpful JJG Sustainable Bitcoin WithdrawalStrategy

Yes, you are right. Hodling is the goal of investors so that they can get maximum profits and can expand their profits. But some people try to sell a small portion of Bitcoin to take advantage and that is fine because it might be a plan they have prepared beforehand. But they still keep most of their Bitcoins and carry out DCA to add more Bitcoins.

Each person must have their own plan and if you haven't made it yet, make it immediately before everything changes and you are really too late. Investing in Bitcoin using DCA is a good plan so that we can have peace of mind in investing the money we have but of course, we have to learn more before making a decision.

Hodling is target to be done by a lot of investors since there's more potential to earn rather than trying the other risky option to earn. There's a lot of information to search and for sure if people will just do their own research for sure they can set up their own plans and figure out that there's basis on everything discussed by people in this thread. As been said there's nothing worry if they sell the small portion of their profit since they can enjoy those amounts and they are still fine since there's a balance stake and they can continue to hodl.

Each person must have their own plan and they should carry out their own strategy since they are the one who can determine that fits on their financial capabilities.

[Salahmu]

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

I think you are misunderstanding the concept of buying the Dip because is not only the investors that has smaller capital that utilizes the opportunity when the price is dip, so perhaps in most cases investors that has large capitals are the ones that utilizes the opportunity the most and not because they are not following the DCA method but but because they strategize themselves in such a way that they keep a certain amount of funds so that if the price dip they can accumulate as much as they can while there DCA are still running, so I disagree with you on the aspect you mentioned that is only the average investors that utilizes the dip, however one thing you should know is that Lump Suming is another word for investing huge when the price dip and is mostly done by most investors who has a large capital so they always utilizes every opportunity when the Bitcoin price drops.

[Tmoonz]

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

I think you are misunderstanding the concept of buying the Dip because is not only the investors that has smaller capital that utilizes the opportunity when the price is dip, so perhaps in most cases investors that has large capitals are the ones that utilizes the opportunity the most and not because they are not following the DCA method but but because they strategize themselves in such a way that they keep a certain amount of funds so that if the price dip they can accumulate as much as they can while there DCA are still running, so I disagree with you on the aspect you mentioned that is only the average investors that utilizes the dip, however one thing you should know is that Lump Suming is another word for investing huge when the price dip and is mostly done by most investors who has a large capital so they always utilizes every opportunity when the Bitcoin price drops.

Yes I agree with you completely and another thing is that the dca strategy is not also only limited to the average man that doesn't have much finance the dca are use by both the investor that has much and the investor that didn't have much. In as much the dca has enormous benefits one the major aim of the dca is to mitigates the short term Price volatility by buying at different price point. so the dca should not only be talk about or limited in terms of the average man.

[gunhell16]

In the few halvings that I have seen or witnessed, most of the people who bought bitcoin buy it when the price of bitcoin is too expensive. This is the same type of person who rushes to buy bitcoin when it has taken off.

Yes, most people know to buy bitcoin on the dip, but in reality, that is not what most communities in this field do; only a small percentage of those who actually buy bitcoin do so. Even until now, for sure, 100k bitcoins will be bought by people who don't know anything about bitcoin. Right now, they will say Bitcoin, but when they see 100k per bitcoin, they will decide to buy it.