Bitcoin Forum
May 08, 2024, 09:46:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 [358] 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 ... 413 »
  Print  
Author Topic: Buy the DIP, and HODL!  (Read 78917 times)
Dorkylickjj
Jr. Member
*
Offline Offline

Activity: 46
Merit: 10


View Profile
March 24, 2024, 04:19:48 PM
Merited by JayJuanGee (1)
 #7141

You can call it whatever you like, but I am not going to call buying on dip lump sum since in my mind those are different categories, even though I can see how people might convolute them merely because they are choosing to buy extra on the dips that are higher than their regular DCA.. but I still think that fails to recognize and appreciate the concept of the lump sum that buys right now.

I already gave the example in my earlier post of a guy who had suddenly received $6k, and I think that I explained that sufficiently well, but let me mix it up a little bit.

Let's say that the person is absolutely brand new to bitcoin, and he knows that he can invest $100 per week for the next 6 months from his salary (his discretionary income / his cashflow), and so that would be $2,600 that he is already planning to invest into bitcoin.  And so then he has $6k also that he can move from some other investment or maybe it is an extra amount that was in his cash reserves.., so with that $6k and the $2,600, that means that he has a total of $8,600 that he could invest over the next 6 months. He can divide it however he likes, except $2,600 is currently not available because that is going to be flowing to him in the next 6 months at a rate of $100 per week.  So he could lump sum invest anywhere between $0 and $6k, but then if he puts the whole $6k into the investment, then he has no money for buying on dips - except for the $100 per week that he expects to come in for the next 6 months, and that is a choice that he could change if he thinks that it would be good to set a bit aside for possibly buying on dips.. beyond the mere $100 per week that he has.

He could invest $4k right away and then just save $2k for buying on dips.. and instead of having 1 or 2 buys at some various price points, he could instead have 20 buy orders of $100 each all the way down to $40k.. and maybe they are $1,200 apart with the first one being at $63k and the next one at $61.8k and the next one at $60.6k and then next one at $59.4k etc etc etc... or he could have 4 buy orders of $500 each at various points on the way down.. so then he runs the risk that the buy on dip orders will not fill... so there is no guarantee that any of them will fill and that is the trade off that he has to make when he chooses the difference between how much he is going to buy right now with his lump sum amount or how much he is going to allocate for buying on the dips versus DCA.. and maybe he just wants to add to his DCAs and so that is another way of dealing with the extra money that he has available and either of those cases in which he holds back lump sum buying right now, are preparing him for down but they do not prepare him as much for up, and those are trade offs that guys have to consider and decide, since more down might not happen from here... but then if down does happen, does the guy want to have more funds than his DCA amount or is he o.k. with taking his chances and just lump summing all or most of the amount that he has available right at or around current prices. and there is no exact correct answer except that the guy should consider each of the three categories when it comes to funds that he has available to him..

Even with the regular cash coming in, the guy does not have to DCA right away with it, he can hold back some or all of it for buying on dips, or maybe having options to later lump sum the saved up amount if dips may or may not end up coming.


From your explanation I've begin to grasp the meaning of lump sum quite well and how I can use it, from your explanation a guy has a weekly investment of 100$ per week for the next six months of his salary which is about 2600$ and then an extra income that or amount that he could also use to invest about 6k as you said, if the person wanted to lump sum, he would be investing or buying immediately with that amount irrespective of the market condition, I've also seen from some of your older Comment when someone that maybe is just starting out his investment and feels that he is too far away or starting late might just want to start with a little bit of aggression by front loading his investment with a lump sum buy and then continue his normal weekly DCA.

Example let's say I want to start investing right now in bitcoin and I have a monthly income of 1000$(it's assumption figures) and I decide that I want to invest about 300$ from that amount into a weekly DCA investment which should be about 75$ weekly invested in bitcoin and then I also had some cash from my savings that I also wanted to use to invest in bitcoin maybe to give myself some kind of head start and the money was about 3000$ and I decide to use 1500$ to invest right away, that is what a lump sum buying would mean.
1715204777
Hero Member
*
Offline Offline

Posts: 1715204777

View Profile Personal Message (Offline)

Ignore
1715204777
Reply with quote  #2

1715204777
Report to moderator
1715204777
Hero Member
*
Offline Offline

Posts: 1715204777

View Profile Personal Message (Offline)

Ignore
1715204777
Reply with quote  #2

1715204777
Report to moderator
1715204777
Hero Member
*
Offline Offline

Posts: 1715204777

View Profile Personal Message (Offline)

Ignore
1715204777
Reply with quote  #2

1715204777
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715204777
Hero Member
*
Offline Offline

Posts: 1715204777

View Profile Personal Message (Offline)

Ignore
1715204777
Reply with quote  #2

1715204777
Report to moderator
1715204777
Hero Member
*
Offline Offline

Posts: 1715204777

View Profile Personal Message (Offline)

Ignore
1715204777
Reply with quote  #2

1715204777
Report to moderator
SOKO-DEKE
Hero Member
*****
Offline Offline

Activity: 658
Merit: 544



View Profile
March 24, 2024, 04:33:07 PM
 #7142

I think dip has been passed. We saw Some days ago after US government approved Bitcoin ETF Bitcoin price Huge pumped. And we saw Bitcoins New ATH $73k, It was highest Value For Bitcoin in Bitcoins History. But Now Correction running i think Because near future Bitcoins Halving will happen we know. Ahter Bitcoins Halving Bitcoin Price will Pump again i think. Because Previous halving we saw this kinds of Situation. And we beleive thats will happen again. And when Bitcoin price pumpe then others coin and token also pump.

So i think Massive Bull session is coming near future. Now Bitcoin price is $64k and another coin and tokens price also low, I think who missed Big dip he can buy now in this dip. I think who will buy now in this dip He will be huge benifited in future Bull run.


At this moment, I don't expect anyone to be thinking about buying alternative coins rather than Bitcoin because they don't have their own direction but always follow the Bitcoin market direction, which shows that all these altcoins are just pumping and dumping coins; if not, why will those coins be fully depends on the direction of Bitcoin. If the market prices of coins are determined by demand, I don't expect those altcoins prices to go down instantly when Bitcoin is down; I believe they are people behind those altcoins pumping and dumping them. So my advice for anyone who wants to invest is to just focus on bitcoin, and I believe that is what can give them rest of mind. 

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
I_Anime
Full Member
***
Online Online

Activity: 378
Merit: 160



View Profile
March 24, 2024, 05:27:16 PM
 #7143


Example let's say I want to start investing right now in bitcoin and I have a monthly income of 1000$(it's assumption figures) and I decide that I want to invest about 300$ from that amount into a weekly DCA investment which should be about 75$ weekly invested in bitcoin and then I also had some cash from my savings that I also wanted to use to invest in bitcoin maybe to give myself some kind of head start and the money was about 3000$ and I decide to use 1500$ to invest right away, that is what a lump sum buying would mean
yeah lump-sum payment is complete opposite of DCA, you aware that DCA is the purchasing set amounts of Bitcoin at regular intervals, whether the price is high or low. While lump-summing is the act of going all in at once, just as you just said about the $3000 and all that. Most people that are financially stable may use lump-summing to start their investment to have some good head start in their accumulation without it affecting their regular life style or tampering with their investment. But if an individual who's not financially stable start his accumulation using lump-summing without any proper planning he or she may endup using the funds that are being meant for their emergency (which known emergency funds) in order to execute a nice lump-sum purchase. So such individual won't be able to sustain his self without any emergency funds which may lead to he or she tampering with their investment , and won't be able to execute his long-term plans, selling their investment in an premature state. That is always advisable to invest according to your financial capability, by starting their investment with some nice DCA strategies, so that they can set a proper plan for their investment.

Troytech
Full Member
***
Offline Offline

Activity: 154
Merit: 123



View Profile
March 24, 2024, 05:50:09 PM
 #7144

So far as life is concerned everyone needs to prepare their future on time and the best way is to learn a good investment practices that will stand as a relief at a time when we won't have the strength to work much again because that is what will smoothen our financial position in the near future and we should do away with the fear of failure and be very positive as well apply the best investment strategy that will enable us to become successful investors. Investments are attached with risks but the risks are minimal more especially when we invest in Bitcoin because you don't need to be disturbed about your investment as all you need do is just to keep your investment goals alive by accumulating more at every time there is a dip in the price of Bitcoin.

I've read some other comments in the thread and what your saying seems quite contradictory, I don't think the dip is the only time we should accumulate bitcoin since we are using the DCA method that involves buying at intervals and helps reduce the impact of market volatility on our portfolio, besides those who buy only at dips would miss out on all other times to buy.

I think it's far better to buy eventide with DCA cause trying to time the market is the same as trading cause you might never buy If you keep on waiting for the dip especially as a new investors that needs to take more action than wait.
You are right, if a hot news is printed, there can be many comments for and against it. In this way, the essence of this topic can be extracted, which is very helpful for investors, especially for beginners. Newbies who are interested in buying Bitcoin can easily invest in Dollar Cost Averaging (DCA) as I find Dollar Cost Averaging to be the safest. For holding you need to have a lot of money which may not be available to everyone, in this case dollar cost averaging(DCA) can be best for you. Many investors waste a lot of time buying dips, in this the time if they can buy bitcoin by dollar cost averaging (DCA) daily. Then dollar cost averaging (DCA) would be more profitable than buying the dips.



IMO you even have far more little understanding about what you saying, we don't invest in DCA but rather using DCA as a method to accumulate bitcoin, one of the reasons we use this is because it protects from market volatility and it is easy for any newbie an new investor to use cause it doesn't involve any analysis of the market or trying to time the market, its just pure action which is consistently buying bitcoin at a weekly or monthly interval from your discretionary income which is a whole other topic I'm yet to completely figure out myself.

Buying on dips is not a bad strategy but when your only buying on dips it becomes bad cause you miss out on other opportunities to buy bitcoin, and yeah as a newbie you should be more concerned about taking actions than waiting on dips cause it could lead to procrastination and there is nothing more important to a new investor than taking action, you can add other strategies or keep money for buying on dips so you won't miss out on such good opportunities to buy bitcoin.

It takes time to figure a lot of things out and many if us here are still very early including me, so I think it's better to start accumulating bitcoin now than wait for any dip.

wmaurik
Hero Member
*****
Offline Offline

Activity: 2030
Merit: 705



View Profile
March 24, 2024, 06:01:13 PM
 #7145

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.

Everyone will respect other people's views on trading and I also really understand the views you give on short-term trading. Because for traders in the short term it has to be like that because they are looking for shorter periods of time in targeting profits than traders in the long term who are more focused on large amounts of profit over a longer period of time in certain market trends.

But if what you are trading is Bitcoin, I don't think there is much profit if you only spend a little time on it. Because Bitcoin can provide more profits in a good trend like this year for everyone who is willing to hold it in the long term or at least not in the short term. So try to consider this again apart from the short-term trading options that you like because basically what you are doing is not wrong but it would also be better if you were willing to work on other options in pursuit of more profits.

███████████████████████████████
███████████████████████████████
█████████
▀▀▀▀▀█▀█▀▀▀▀▀█████████
███
▄▀▀▀   ▄▄▄▄   ▄▄▄▄   ▀▀▀▄███
███████
▀▀▀████▌ ▐████▀▀▀███████
█████
███▀█▀██▌ ▐██▀█▀████████
████
███▀▄▀▄███▌ ▐███▄▀▄▀███████
█████
██▄██▄██   ██▄██▄███████
███████
▄▄▄████   ████▄▄▄███████
██████████
▀▀▀▀   ▀▀▀▀██████████
██████████
▄▄▄▄▄▄▄▄▄▄▄██████████
███████████████████████████████
███████████████████████████████
█▀▀▀











█▄▄▄
#1 RATED CRYPTO
CASINO IN THE WORLD
██ ██ ██ ██ █Trustpilot
▀▀▀█











▄▄▄█
▄█████████████████████████████
██████████████████▀▀█████▀▀████
█████████████████▀█████████▀███
██████████████████████████████
███████████████████████████▄███
█████████████████████████▄▄████
███████████████████████████████
█████████████░░░███████████████
███████████░░░█████████████████
█████████░░████████████████████
█████░░░██████████████████████
███░░█████████████████████████
▀░░░█████████████████████████▀
.
SIGN UP & INSTANTLY
RECEIVE BONUS

[ NO DEPOSIT REQUIRED ]
█▀▀▀











█▄▄▄
▀▀▀█











▄▄▄█
BITCOIN4X
Legendary
*
Offline Offline

Activity: 1974
Merit: 1150



View Profile
March 24, 2024, 06:48:40 PM
 #7146

~Snip
Everyone will respect other people's views on trading and I also really understand the views you give on short-term trading. Because for traders in the short term it has to be like that because they are looking for shorter periods of time in targeting profits than traders in the long term who are more focused on large amounts of profit over a longer period of time in certain market trends.
Holders in the long term are not worthy of being called long-term traders, they are investors. There are differences between traders and investors, some of the differences are the time frame they need to make profits and their plans.

But if what you are trading is Bitcoin, I don't think there is much profit if you only spend a little time on it. Because Bitcoin can provide more profits in a good trend like this year for everyone who is willing to hold it in the long term or at least not in the short term. So try to consider this again apart from the short-term trading options that you like because basically what you are doing is not wrong but it would also be better if you were willing to work on other options in pursuit of more profits.
Trading can't always make you profitable even if you make an analysis, of course that's because market trends can easily change. Price volatility for one reason or another may make traders have to wait and change their trading plans, but the strategy may be almost the same as long-term investments. I mean, you still really need DCA if you like trading in the short term (daily trading), this strategy can help you get a lower average price compared to previous purchases.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
teamsherry
Member
**
Offline Offline

Activity: 168
Merit: 50

Bitvest.io★ Play Plinko or Invest!


View Profile
March 24, 2024, 06:54:34 PM
 #7147

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.

Your clearly off topic on your Comment and no one cares shit about your perspective as a trader, this thread is not about trading but rather about buying and holding bitcoin.

You have a wrong perspective about bitcoin and you don't understand or value bitcoin as an asset if not you won't be thinking trading it, bitcoin is one is he best if not the winning asset of these times so it not wise and even a pure gambling act to be trading bitcoin, historically bitcoin has seen to favour long term holders even more than short term holders, why not go trade some shitcoin than play around with your bitcoin.

Your strategy revolves so much around timing the market and includes much analysis and one thign I am am certainly sure is that trying to time the market or prediction market movement can never have a good success rate cause bitcoin can not be predicted and it is highly uncertain, so yeah if this is true then your strategy is whack and you are clearly losing money gambling, why not better find safety In using the DCA method to accumulate bitcoin and hold for long.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
JayJuanGee
Legendary
*
Online Online

Activity: 3710
Merit: 10227


Self-Custody is a right. Say no to"Non-custodial"


View Profile
March 24, 2024, 07:47:38 PM
Last edit: March 24, 2024, 07:59:20 PM by JayJuanGee
 #7148

[edited out]
From your explanation I've begin to grasp the meaning of lump sum quite well and how I can use it, from your explanation a guy has a weekly investment of 100$ per week for the next six months of his salary which is about 2600$ and then an extra income that or amount that he could also use to invest about 6k as you said, if the person wanted to lump sum, he would be investing or buying immediately with that amount irrespective of the market condition, I've also seen from some of your older Comment when someone that maybe is just starting out his investment and feels that he is too far away or starting late might just want to start with a little bit of aggression by front loading his investment with a lump sum buy and then continue his normal weekly DCA.

That is correct, and if you lump sum (or front load) right away, then you run a risk that the BTC price might go down, so you can either supplement your having had front-loaded (at a higher than the subsequent dipped price) by continuing to DCA while the prices ended up being lower or to have some extra that had been set aside to be able to buy on dips (that you had not known were going to happen but that you kept the extra money, just in case the dips happened, and they did end up happening so you use some or all of it to buy more BTC).

Example let's say I want to start investing right now in bitcoin and I have a monthly income of 1000$(it's assumption figures) and I decide that I want to invest about 300$ from that amount into a weekly DCA investment which should be about 75$ weekly invested in bitcoin and then I also had some cash from my savings that I also wanted to use to invest in bitcoin maybe to give myself some kind of head start and the money was about 3000$ and I decide to use 1500$ to invest right away, that is what a lump sum buying would mean.

Yes.. that is an accurate description.  The extra $1,500 that is used to buy BTC right away would be considered lump sum investing and/or perhaps even front loading your investment at the current price that may or may not be going up, but the front loading/lump sum investment is a kind of preparation for up and a kind of insurance for up, just in case the BTC price does not come down, you are prepared for up by employing the lump sum.  And, so yeah, from your $3k, you can choose any amount of that and call it lump summing, especially if it is higher than your regular DCA amount.. and perhaps if it is higher than the whole amount that you are going to put in for the month.. It is not exactly clear how much it would need to be in order to consider it a lump sum, but under that facts that you describe it seems to be a lump sum.. and maybe even if it was as low as $500 it could still be a lump sum, even though in that hypothetical, you are already planning to DCA $300 per month (at $75 per week).

A guy who has no bitcoin is not prepared for up.  A guy who is a low coiner might feel himself without enough bitcoin, but he might already be investing as much as his finances and psychology permit him to invest, so in that case he is not a low coiner who is fighting the idea of bitcoin, and so there could be low coiners who really are not very passionate about bitcoin that they might be like a no coiner who is against bitcoin, so those guys would not invest, but it is difficult to call a low coiner as being against bitcoin, since the fact that he has some coins means that he is not likely completely against bitcoin, even if he might be skeptical of it and lacking passion in terms of the level of his investment into it.

~Snip
Everyone will respect other people's views on trading and I also really understand the views you give on short-term trading. Because for traders in the short term it has to be like that because they are looking for shorter periods of time in targeting profits than traders in the long term who are more focused on large amounts of profit over a longer period of time in certain market trends.
Holders in the long term are not worthy of being called long-term traders, they are investors. There are differences between traders and investors, some of the differences are the time frame they need to make profits and their plans.

That is an interesting way of framing the matter BITCOIN4X.    So yeah investors would most likely be having a longer timeline, and in regards to profits, sure everyone prefers to be in profits, yet long term investors are not focusing narrowly on profits and they may not really know if they are going to be in profits 10 years or more down the road... They would like to be in profits and they hope to be in profits, but they are still investing whether or not they are going to be in profits and willing to live with the consequences in either direction, and yeah sure the better case scenario is  to be in profits down the road, and they had chosen their investment (in this case bitcoin) with a presumption that it has good odds of being in profits and also that bitcoin is an asymmetric bet which means there are some reasonable odds that it could be multitudes and/or magnitudes in profits, and so if they weigh the possibility of going to zero and weigh the possibilities of various upside scenarios, the calculation shows that it is better to invest into their investment (in this case bitcoin) rather than not investing.

So maybe the odds that you come to calculate might look something like the below that in 10 years BTC will:

1) Go to zero (or less than $10) (and not recover)  - less than 1%

2) Go to a price that is between $10 and $1k (and not recover) -  less than 5%

3) Go to a price that is between $1k and $10k (and not recover) -  less than 8%

4) Go to a price that is between $10k and $35k (and not recover) -  less than 9%

5) Go to a price that is between $35k and below the current price ($66k-ish) (and not recover) -  less than 10%

6) Go to a price that is between the current price ($66k-ish) and $150k (and get stuck there) -  around 10%

7) Go to a price that is between $150k and $500k (and get stuck there) -  around 12.5%

8 ) Go to a price that is between $500k and $1m (and get stuck there) -  around 12.5%

9) Go to a price that is between $1m and $2m (and get stuck there) -  around 12.5%

10) Go to a price that is between $2m and $10m (and get stuck there) -  around 12.5%

11) Go to a price that is higher $10m -  around 7%

These ways of framing probabilities and price ranges for a 10-year timeline might not be exactly correct (because I am just kind of making up the numbers and the framing and trying to give a kind of possibility that I am considering off the top of my head), but we can still consider something like this as possibilities and to determine how much we might want to invest into bitcoin base on our own assignment of such numbers.  And, yeah of course the BTC price is not likely to get stuck in any of the price ranges that I list (especially in 10 years), but we might just be trying to get some kind of an idea where the BTC price might be 10 years from now.

You may notice that if we add up all of the scenarios we have 100% because it is meant to cover all of the possibilities of where the BTC price might end up 10 years from now.

And if we measure the downside scenarios from the current price, we have 33% and then there is just a matter of various degrees of upside scenarios that from the list, we might consider to be 67%.. depending upon which scenario but the upside scenarios add up to 67% with varying ideas of where the BTC price might land in the next 10 years-ish,  so we can develop further some of our BTC investment ideas and we can tailor our BTC investment in accordance with our current projections about possibilities of BTC prices into the future (in this case the next 10 years from today - or whatever alternative timeline that we might want to assign prices).  

By the way, I personally am more comfortable with assigning the 200-WMA to future valuations (rather than BTC spot price), but still we can measure the BTC price however we like.

And, of course, how the future plays out could help us to hone and to tweak our projections about BTC price, but we still have an outlook that is within ideas (framed in terms of probabilities that we have assigned) about how we might be thinking about bitcoin right now (at this particular moment regarding what might happen in the next 10 years), perhaps our ideas are guesses or maybe they are based on from where we came that helps us to assign probabilities to where we might be going in the next 10 years... and 5 years from now, we can make a new listing of probabilities for the next 10 years from that point.. or whatever, we can make a new listing of probabilities, whenever we feel like it and based on any kind of changes in our presumptions about what the numbers might be and if something in the real world might have changed some of our presumptions (that therefore affect our assignments of probabilities to a 10-year timeline or whatever timeline that we might choose to entertain).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Zackz5000
Member
**
Online Online

Activity: 84
Merit: 46

★Bitvest.io★ Play Plinko or Invest!


View Profile
March 24, 2024, 07:59:59 PM
 #7149

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Perfectbaby
Member
**
Offline Offline

Activity: 93
Merit: 54


View Profile
March 24, 2024, 09:36:02 PM
 #7150

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.

I can't still imagine seeing people investing in bitcoin with the mindset of cashing out bitcoin with limited period of time how, is bitcoin money machine where if someone invested within a minute or days he expecting a huge return where does such a tin happened over in cryptocurrency space? As an investor they need to decides on the kind of investment they needs particularly otherwise they could failed within the little period of joining the investment because if they don't prepared for bitcoin before investment it might hurt them so badly where they could regret of doing investment. Bitcoin is long term coin which needs to hodl for longer period without even undermining the market condition currently.
Btcdeybodi
Member
**
Offline Offline

Activity: 83
Merit: 16


View Profile
March 25, 2024, 02:02:39 AM
 #7151

Yeah but when did you start?  You have ONLY been registered on the forum for less than a year.
I invested $100 before registering on this forum. $100 is a big amount for me, $100 is more than ৳10000 in local currency of our country. I have learned a lot since I registered in this forum. I didn't know what the DCA method was before. I came to know about DCA method from this forum and started investing in DCA method. The amount of bitcoins I have accumulated now, I would not have been able to invest together. But after investing in DCA method I became successful. My plan is to continue investing in the DCA approach for the long term.
Perhaps there are some of us that have been investing in Bitcoin before we got knowledge of this Bitcointalk forum just that we have little knowledge of what Bitcoin investment is all about. Just like me I felt bitcoin investment is just about depositing an amount in your wallet and just forget about it while checking the price of Bitcoin and also monitoring the profit that it would generate but coming to this forum broadened my knowledge on Bitcoin about the DCA strategy that gives the liberty to accumulate certain amount of Bitcoin from time to time and it helped me reshape my investment awareness because I'm a teacher and my income is not that high so using the DCA really helped me a lot because basically I used to make some savings with the hope that when it gets to a certain amount then I will use it to buy Bitcoin but as I continue to save in other to buy Bitcoin that is how some unforseen challenges will just come up and eat up my savings and I will just lose focus on buying again but with the DCA now, I have been able to scrap out a fixed amount that i use for the DCA such that on no account can i be able to withdraw my holdings because out of the little i make as income, i have an emergency fund that i do keep incase of any immediate financial need.
Odohu
Sr. Member
****
Offline Offline

Activity: 378
Merit: 340



View Profile WWW
March 25, 2024, 03:37:51 AM
 #7152

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.
Both short term and long term investors can benefit from investing in Bitcoin, however the risk and profit is not the same. While short term investment have high risk than long term investment because Bitcoin will move at its pace and might not give that quick profits that short term investors are expecting unless the investor is willing to wait longer than he expected, he might likely sell at loss. This is the major challenge with short term investment but sometimes it does not really take that long to give some profits.

On the other hand, long term investment gives the market the time to grow and yield profit while the investor will enjoy the needed peace of mind and never in a hurry to liquidate his assets. Long term investors benefit more on the long run because the profits margin is higher in long term investment. This is why long term investment is highly recommended and investors encouraged to think long term. 

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Lidger
Member
**
Offline Offline

Activity: 71
Merit: 84


View Profile
March 25, 2024, 04:04:50 AM
Merited by Essential10 (2), JayJuanGee (1)
 #7153

You can call it whatever you like, but I am not going to call buying on dip lump sum since in my mind those are different categories, even though I can see how people might convolute them merely because they are choosing to buy extra on the dips that are higher than their regular DCA.. but I still think that fails to recognize and appreciate the concept of the lump sum that buys right now.

I already gave the example in my earlier post of a guy who had suddenly received $6k, and I think that I explained that sufficiently well, but let me mix it up a little bit.

Let's say that the person is absolutely brand new to bitcoin, and he knows that he can invest $100 per week for the next 6 months from his salary (his discretionary income / his cashflow), and so that would be $2,600 that he is already planning to invest into bitcoin.  And so then he has $6k also that he can move from some other investment or maybe it is an extra amount that was in his cash reserves.., so with that $6k and the $2,600, that means that he has a total of $8,600 that he could invest over the next 6 months. He can divide it however he likes, except $2,600 is currently not available because that is going to be flowing to him in the next 6 months at a rate of $100 per week.  So he could lump sum invest anywhere between $0 and $6k, but then if he puts the whole $6k into the investment, then he has no money for buying on dips - except for the $100 per week that he expects to come in for the next 6 months, and that is a choice that he could change if he thinks that it would be good to set a bit aside for possibly buying on dips.. beyond the mere $100 per week that he has.

He could invest $4k right away and then just save $2k for buying on dips.. and instead of having 1 or 2 buys at some various price points, he could instead have 20 buy orders of $100 each all the way down to $40k.. and maybe they are $1,200 apart with the first one being at $63k and the next one at $61.8k and the next one at $60.6k and then next one at $59.4k etc etc etc... or he could have 4 buy orders of $500 each at various points on the way down.. so then he runs the risk that the buy on dip orders will not fill... so there is no guarantee that any of them will fill and that is the trade off that he has to make when he chooses the difference between how much he is going to buy right now with his lump sum amount or how much he is going to allocate for buying on the dips versus DCA.. and maybe he just wants to add to his DCAs and so that is another way of dealing with the extra money that he has available and either of those cases in which he holds back lump sum buying right now, are preparing him for down but they do not prepare him as much for up, and those are trade offs that guys have to consider and decide, since more down might not happen from here... but then if down does happen, does the guy want to have more funds than his DCA amount or is he o.k. with taking his chances and just lump summing all or most of the amount that he has available right at or around current prices. and there is no exact correct answer except that the guy should consider each of the three categories when it comes to funds that he has available to him..

Even with the regular cash coming in, the guy does not have to DCA right away with it, he can hold back some or all of it for buying on dips, or maybe having options to later lump sum the saved up amount if dips may or may not end up coming.


From your explanation I've begin to grasp the meaning of lump sum quite well and how I can use it, from your explanation a guy has a weekly investment of 100$ per week for the next six months of his salary which is about 2600$ and then an extra income that or amount that he could also use to invest about 6k as you said, if the person wanted to lump sum, he would be investing or buying immediately with that amount irrespective of the market condition, I've also seen from some of your older Comment when someone that maybe is just starting out his investment and feels that he is too far away or starting late might just want to start with a little bit of aggression by front loading his investment with a lump sum buy and then continue his normal weekly DCA.
In other words, if we can think long-term about our investment, then the amount of our investment will be much more at the end of the long term.  

If an employee receives a weekly salary, he can invest a portion of the weekly salary every week, but most of the employees who receive a monthly salary have to invest at the end of the month. As you said the investor has to invest 100 dollars every week 400 dollars every month. But the salary of most of the employees is below 400 dollars per month, in which case they have to invest in addition to running family expenses, but they cannot invest 400 dollars every month. I think it is not so important how much an investor invests but what matters for the investor is whether the investor invests consistently. Investments should be made in such a way that there is never a break in investment or an investment gap.  I invested 50% of my salary in 1 month but in the next month I could not invest 10% of my monthly salary then our investment was not continuous. The amount should be invested in each side as much as it is possible to invest normally every month without investing too much and too little. For example, if an employee's salary is $300 per month, he can invest $100 if he wants to exclude his family and other expenses.  

By investing $100 every month and paying for family expenses, the investor can save the remaining money for his own needs so that he does not have to sell his investment when he needs money later. If an investor plans his investment properly and if he can work according to the proper plan then he will definitely get good from his investment depending on the amount of his investment.

Example let's say I want to start investing right now in bitcoin and I have a monthly income of 1000$(it's assumption figures) and I decide that I want to invest about 300$ from that amount into a weekly DCA investment which should be about 75$ weekly invested in bitcoin and then I also had some cash from my savings that I also wanted to use to invest in bitcoin maybe to give myself some kind of head start and the money was about 3000$ and I decide to use 1500$ to invest right away, that is what a lump sum buying would mean.
Assuming your monthly salary is $1000, now you will invest $1000 every month or every week consistently. In this case, first of all, you need to confirm how much money you can spend every month on family management, children's education expenses, electricity bills and other sectors. Once you figure out these expenses, you can of course calculate how much money you have left over at the end of the month. You can consistently invest 60 to 70 percent of the money you have left over, minus all incidental expenses, within $1,000. After investing 60% to 70% consistently, you can save the remaining 40% or a part of 30% and keep some money for your spending. If you can invest with this plan then I am sure it will be very easy to hold your investment and you will be able to keep your investment for a long time and you will be able to consistently maintain your investment consistency.
Justbillywitt
Full Member
***
Offline Offline

Activity: 238
Merit: 188



View Profile
March 25, 2024, 04:33:46 AM
Merited by Sophokles (2)
 #7154

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
What you see as a setback is seen as a golden opportunity by others who have foresight. In life we don't know it all and what we don't know is bigger than us, so when we find ourself in such condition all we can do is to learn. What you call setback is what has actually turn lot of people into millionaires, that's why they say knowledge never ends in life. With the kid of mentality you have I think you will find it difficult to survive in this thread, but if you want to survive here, you have to drop this your half baked knowledge about bitcoin investment and lean entirely different approach from what you are used to. There is no doubt many of us started exactly they way you did, but when we got here, this thread was an eye opener and we saw a different approach from what we have been doing and the wise once quickly adapted and today we are seeing the beauty in buying bitcoin and hodling for a long term. If you stay in this thread for a month and learn what is being taught here, you will be angry with yourself for the approach you started bitcoin investment with and you will realize you missed lots of opportunities by selling your bitcoin cheaply.

███████ ███████        R O L L B I T        CRYPTO'S MOST INNOVATIVE CASINO        [ PLAY NOW ]        ███████ ███████
//     TRADE RLB NOW!     //
███████ ███████ ███████            OFFICIAL EUROPEAN BETTING PARTNER OF SSC NAPOLI           ███████ ███████ ███████
AirtelBuzz
Full Member
***
Offline Offline

Activity: 210
Merit: 216



View Profile WWW
March 25, 2024, 06:24:38 AM
 #7155

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.
Short term investment in bitcoins can also be profitable but for short term investment you need to buy large amount of bitcoins at once be it 10 thousand dollar amount or 15000 dollar amount. If you deposit $100 a week or $100 a month of bitcoins for short-term investing, you will never see success from your short-term investments. So one should give up the dream of profiting by buying small amount of bitcoins and investing in short term. One of the best times to invest in the short term was a couple of days ago when the Bitcoin price touched $60,000. Maybe during the bullish season it is possible to profit by investing short term in bitcoins but remember to buy large amount of bitcoins at once otherwise it is not possible.

We give the highest priority to investing in Bitcoin for long term investment. Maybe many people cannot invest their entire money to meet their family expenses so they adopt DCA method to invest monthly or weekly bitcoins. One of the benefits of investing in DCA method and holding it for a long time is that if we deposit $150 or more in bitcoins in a year
The amount will be thousands of dollars. If we can manage our investment for a long period of time according to a proper plan and specific goals, it will enable us to accumulate a large amount of bitcoins at a time.

Barikui1
Full Member
***
Offline Offline

Activity: 196
Merit: 128



View Profile
March 25, 2024, 07:29:15 AM
 #7156

For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.
Short term investment in bitcoins can also be profitable but for short term investment you need to buy large amount of bitcoins at once be it 10 thousand dollar amount or 15000 dollar amount. If you deposit $100 a week or $100 a month of bitcoins for short-term investing, you will never see success from your short-term investments. So one should give up the dream of profiting by buying small amount of bitcoins and investing in short term. One of the best times to invest in the short term was a couple of days ago when the Bitcoin price touched $60,000. Maybe during the bullish season it is possible to profit by investing short term in bitcoins but remember to buy large amount of bitcoins at once otherwise it is not possible.

We give the highest priority to investing in Bitcoin for long term investment. Maybe many people cannot invest their entire money to meet their family expenses so they adopt DCA method to invest monthly or weekly bitcoins. One of the benefits of investing in DCA method and holding it for a long time is that if we deposit $150 or more in bitcoins in a year
The amount will be thousands of dollars. If we can manage our investment for a long period of time according to a proper plan and specific goals, it will enable us to accumulate a large amount of bitcoins at a time.

I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder.

And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term.

ginsan
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 617



View Profile
March 25, 2024, 08:57:12 AM
 #7157

I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder.

And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term.
You must determine your target in investing in Bitcoin.

If you have confidence in long-term investment, of course short-term profits will not disturb your investment journey.
But if you are bothered by short-term profits, it means you don't have the mentality to hold Bitcoin for the long term.

Why do people keep saying take the opportunity while it's there, meaning of course we can take advantage of the price decline to continue buying and holding it for the long term instead of selling it when the profit is already there.

From that point, you just need patience if you want to invest in the long term because without patience you won't be able to achieve it

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
MusaPk
Full Member
***
Offline Offline

Activity: 644
Merit: 198



View Profile WWW
March 25, 2024, 03:54:41 PM
 #7158

So we can safely assume that if we are taking 200-WMA is reference then most time its below Bitcoin price. With 200-WMA one can easily figure out how much room he has for withdrawal. 

If the BTC spot price starts getting close to the 200-WMA, then that will likely mean that the 200-WMA is not going to go up as fast and those might be periods to sell fewer BTC (if we are talking about sustainable withdrawal) and maybe even times to buy more BTC if we are in our BTC accumulation stages, and yeah it has tended to take a whole cycle before the BTC price gets back down to the 200-WMA.. and so right now we are more than 2x higher than the 200-WMA, but in 2021 we were 5-6x higher in early 2021 and around 3x higher in late 2021, and in late 2017 the BTC price had gotten around 14x higher than the 200-WMA.  You can see the numbers through the sustainable withdrawal tool and putting in various dates.


So it's best to accumulate during the phase when spot price getting closer to 200-WMA. Since we are going for three ways i.e. DCA, Buy the Dip and lump sum. If someone wants to go for aggressive accumulation then it's the best time. With the sustainable withdrawal tool, one can easily figure out how much he can withdraw per month. It's easy you dont have to figure out yourself, the tool do the job.
I remember Dec 19, 2017 since it was my early days when I came to know about Bitcoin (not investing at that time). You figure it out right, spot price on that particular day was 14x higher then 200-WMA.

laijsica
Member
**
Offline Offline

Activity: 84
Merit: 17

Eloncoin.org - Mars, here we come!


View Profile
March 25, 2024, 04:32:58 PM
Last edit: March 25, 2024, 05:08:12 PM by laijsica
 #7159

I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder.

And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term.
You must determine your target in investing in Bitcoin.

If you have confidence in long-term investment, of course short-term profits will not disturb your investment journey.
But if you are bothered by short-term profits, it means you don't have the mentality to hold Bitcoin for the long term.
I think you should stick with investing in Bitcoin, whether short-term or long-term. Given this investment, you can be safe with your capital, which is guaranteed by Bitcoin. There are many short-term investors who jump into long-term investments after slowly building up their profits. In this case, he wants to be busy with daily short-term investment without investing the entire capital.

Why do people keep saying take the opportunity while it's there, meaning of course we can take advantage of the price decline to continue buying and holding it for the long term instead of selling it when the profit is already there.

From that point, you just need patience if you want to invest in the long term because without patience you won't be able to achieve it

Many people wants to get busy looking for dips for investment, they should understand that every day dips for Bitcoin. It returns more than the as you might think. You can make your right decision regardless of whether it is short term or long term with BTC.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
●          Mars, here we come!          ●
██ ████ ███ ██ ████ ███ ██   Join Discord   ██ ███ ████ ██ ███ ████ ██
Sim_card
Sr. Member
****
Offline Offline

Activity: 434
Merit: 380



View Profile WWW
March 25, 2024, 04:56:30 PM
Merited by JayJuanGee (1)
 #7160

I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder.

And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term.
You must determine your target in investing in Bitcoin.

If you have confidence in long-term investment, of course short-term profits will not disturb your investment journey.
But if you are bothered by short-term profits, it means you don't have the mentality to hold Bitcoin for the long term.
I think you should stick with investing in Bitcoin, whether short-term or long-term. Given this investment, you can be safe with your capital, which is guaranteed by Bitcoin. There are many short-term investors who jump into long-term investments after slowly building up their profits. In this case, he wants to be busy with daily short-term investment without investing the entire capital.

Why do people keep saying take the opportunity while it's there, meaning of course we can take advantage of the price decline to continue buying and holding it for the long term instead of selling it when the profit is already there.

From that point, you just need patience if you want to invest in the long term because without patience you won't be able to achieve it

Many people wants to get busy looking for dips for investment, they should understand that every day dips for Bitcoin. It returns more than the original low as you might think. You can make your right decision regardless of whether it is short term or long term with BTC.
Stop using the word 'short term' in bitcoin investment. That word short term is for traders. There is no guarantee that a trader will make profit trading with his bitcoin, he might get lucky and be profitable, or he might make the wrong decision and run at big loss, and will regret his actions. But if you are a long term investor, there is high possibility that you will make good profit because, the value of bitcoin increases with time-line. The second advantage is that your profit will keep on compounding and making your new capital to generate high profits. Profits from short-term traders are just to sustain them for the day, but long term investors are after the future. Build up your bitcoin portfolio gradually and regularly using DCA strategy weekly or monthly. It is a bad investment plan to think that you can use trading of bitcoin to increase your bitcoin portfolio, and hodli. You will always be tempted to trade from your bitcoin portfolio, and that will make you run at big loss, which you will not have any bitcoin investment in the long run, because you were busy gambling instead of buying regular and hodli to have a significant size of bitcoin investment.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Pages: « 1 ... 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 [358] 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 ... 413 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!