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Author Topic: Buy the DIP, and HODL!  (Read 99786 times)
cryptoWODL
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Today at 04:10:44 AM
Merited by JayJuanGee (1)
 #10301


Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment.  

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.


Of course, the best time to invest is during the dip.
There's no specific time or period to invest in bitcoin. If anyone is interested in investing in bitcoin, and if that person has already kept the funds somewhere to start his bitcoin investment, the person can start right away to accumulate bitcoin with the DCA strategy. Trying to invest in bitcoin only during the dips is not a good strategy to adopt; it will delay your accumulation process, and you might miss out on holding bitcoin if the bitcoin price fails to dip to the price you want to buy. For the sake of those who are new to bitcoin or who are just starting their bitcoin investment, your comment is misleading because they will believe the best time to invest in bitcoin is during the dip.
Experienced and knowledgeable people will never wait for dip season to invest. Because they will buy regularly instead of waiting for dip season and adopt DCA method to increase their investment. Moreover, if an investor uses the dollar cost averaging method in his investments, he may not have to wait for a bearish market because he will spend the same amount of money on a weekly or monthly basis to buy Bitcoins. If the market goes up, he has a little disadvantage because he can buy less bitcoins at that price, and if the market goes down, he has the advantage that he can buy a little more bitcoins at that price. However, even if the market is going up or down, the average cost of his investment will remain the same.

Many have commented that the dip is the best time to invest in Bitcoin, such comments are simply foolish. There is no fixed time limit for Bitcoin investment. I think you have enough funds to invest you invest and try to increase it gradually take steps to hold even longer as per your ability.

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Glen Hoddle
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Today at 05:22:34 AM
 #10302

🤔
I have some questions.

Why is Bitcoin going through mini-crashes, then they're followed by mini-surges? Who's selling large amounts of coins below $60,000, and who buys them back/places price back over $60,000?

Will the market actually give everyone another opportunity to see Bitcoin go below its 200-Weekly SMA again? The last time proved to be a very good buying opportunity.


Furthermore, it seems pretty short-sighted to be selling at these prices or the sub $60ks that you mentioned, yet we know that prices move because people have differing opinions about fair market prices, and some people end up being wrong in their assessment, views and actions, yet in most cases, we don't know who was wrong until later down the road... all of us hope that we are on the correct side, especially if we have put money on our views, and failing to buy bitcoin might well also be one of those where folks have put money (even if they think that they haven't.. when the price goes up, those kinds of dollar worshipers frequently wished that they had some BTC, so they could sell it.. for higher than they paid for it...  hahahahaha).


What i feel about this is that i think there are some groups making profit off the selling and buying points can't be an individual actually but the major reverse stays on 69K+ (i might be wrong on this but  this is what i'm thinking because it more obvious that there's something going on at that region.... Nothing more for me actually the Dip has always been an opportunity and there're millions with same mind set even though the minors might be trapped with FUD(since the sell is on the wrong hands) but that does not really matter Smiley more people will keep buying the Dip.

You are generally speaking in the wrong context, because all the discussions here are about buying hold and dips in the Bitcoin DCA method and how to hold Bitcoin for a long time. Perhaps you are standing against the perspective of the current dip, when an investor holds bitcoins with a dip and DCA method, but your discussion will scare many newbies. So no one should be surprised and never block the spirit of this thread, so you talk about discussions that will be useful to every bitcoin holder.

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betswift
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Today at 05:29:18 AM
 #10303


Experienced and knowledgeable people will never wait for dip season to invest. Because they will buy regularly instead of waiting for dip season and adopt DCA method to increase their investment. Moreover, if an investor uses the dollar cost averaging method in his investments, he may not have to wait for a bearish market because he will spend the same amount of money on a weekly or monthly basis to buy Bitcoins. If the market goes up, he has a little disadvantage because he can buy less bitcoins at that price, and if the market goes down, he has the advantage that he can buy a little more bitcoins at that price. However, even if the market is going up or down, the average cost of his investment will remain the same.

Many have commented that the dip is the best time to invest in Bitcoin, such comments are simply foolish. There is no fixed time limit for Bitcoin investment. I think you have enough funds to invest you invest and try to increase it gradually take steps to hold even longer as per your ability.

Thanks for the tips! With DCA, as I understood, the factor of the volatility of the market can be minimized a bit, and I would agree that buying each and every time on a specific timer (one a week, half a month, or a month) is beneficial to a person, rather than just waiting for a dump to happen (because it may not) because of the facts you and many others here talked about.

EluguHcman
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Today at 05:37:46 AM
 #10304


Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.



Of course, the best time to invest is during the dip.
You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the minimum more than 3X after the original bull run.
The dip is just an opportunity to accumulate more with less price or account an not the best time to accumulate, if you say is the best time to accumulate that means one has to wait till the dip before one can start accumulation and the difference in amount may be very small.
There's no best time to accumulate Bitcoin as long as you have the knowledge about Bitcoin and how to invest you can start, there's no best time in Bitcoin accumulation.
This statement is one reason some people always wait for a dip to happen before they can start accumulating they feel the dip is the best time to accumulate Bitcoin.
Waiting for the dip or thinking the dip is the best time for accumulation will only slow you down in your accumulation journey and before you know it years has passed without you having a good number of Bitcoin.
If you want to go far in your Bitcoin accumulation then stop thinking about dip being best time for accumulation.

You know, before I use to think the best time to invest in Bitcoin is the Dip but while I was growing I realized that I was wrong and that it can only be best time for those who uses that strategy but that strategy is nothing to compared with the DCA method which is termed the best strategy in accumulating Bitcoin because one can accumulate regardless of the price or market movement and after accumulating it is advise to hold for some period of time. A wise person is someone who reads, Check himself if he's doing well or not in his investment and if he's not then, he will re-strategize and do what is needful and at the end of the day, he will see himself doing absolutely fine which is what every investor wants though it can be ard sometimes but it's always good and it may not be in Bitcoin investment but other investment or business.
In the Bitcoin market of investment, short term goal is usually for the week investors with FOMO or little dreamers who chases little profits and not being, aware, it becomes devastated that they are disappointed in that short while and they are blindfolded to take advantage by buying more and holde during when the market is Dipped.

Long term investors will always stand on the safe side enlarging their Bitcoins values in a gradual increase of the market, having enough to time to balance their emotions in eliminating of FOMO and then buying more and hodl while unpanick. There then they stand better chances to multiply their targets as a course of holding patiently as said, patient is virtue.

Wind_FURY (OP)
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Today at 05:45:13 AM
 #10305

🤔
I have some questions.

Why is Bitcoin going through mini-crashes, then they're followed by mini-surges? Who's selling large amounts of coins below $60,000, and who buys them back/places price back over $60,000?

Will the market actually give everyone another opportunity to see Bitcoin go below its 200-Weekly SMA again? The last time proved to be a very good buying opportunity.

I had been proposing bets that the spot price would not go below 20% above the 200WMA until after 2025, yet surely we have been getting pretty close to those numbers in recent times.  Even though I am willing to bet, I know that I could end up being wrong, so I would not be betting very much or even beyond 50/50 odds.. .. but yeah, when folks are proclaiming super low BTC price dips, they tend to back off of their assertions when you ask them to bet on their prognostication of such seemingly extreme dip numbers.

We know that there is an idea of cycles and what kind of a market we are in, too, but even the ideas of cycles could disappear, and we might not be in a bull market, even though it seems that we are, potentially until 2025-ish.. .


That's especially true currently now that the Bitcoin Spot ETF is open and available for institutions to enter/exit to and from Bitcoin positions. It may have changed the "cycles". Because if we were to base the current point of the cycle today from the last cycle, today would be a time during 2020 which were not testing the previous all time high.

Quote

Furthermore, it seems pretty short-sighted to be selling at these prices or the sub $60ks that you mentioned, yet we know that prices move because people have differing opinions about fair market prices, and some people end up being wrong in their assessment, views and actions, yet in most cases, we don't know who was wrong until later down the road... all of us hope that we are on the correct side, especially if we have put money on our views, and failing to buy bitcoin might well also be one of those where folks have put money (even if they think that they haven't.. when the price goes up, those kinds of dollar worshipers frequently wished that they had some BTC, so they could sell it.. for higher than they paid for it...  hahahahaha).

Surely all of us who are buying or holding onto our BTC hope that we are on the correct side of matters, yet there are no guarantees, even though historically the buyers and holders have been disproportionately more correct than those who had failed/refused to take a sufficient/adequate bitcoin position.  Bitcoin's investment thesis does not seem any weaker, and there seem to be a lot of ways that its investment thesis is way stronger than it had been historically, even if the upside potential (in terms of percentage moves) is not as great as it had been in earlier times.


That's true, but Bitcoin may still have more upside than most investments you could find in legacy markets. Cool

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