Buy the DIP, and HODL!

[Ishicryptic]

No need to divide it, if you have $10k which you want to use to invest in Bitcoin using lump sum strategy you just buy with it at once that is what lump sum is all about and then you hold, some people after accumulating Bitcoin using the lump sum strategy at a point they even forget they have a Bitcoin investment and they usually hold there Bitcoin for a very long term.
I'm not saying DCA is not a good strategy is a very good strategy and that is what I'm using now because I don't have the capital for a lump sum strategy, however no body should try impose any strategy on anyone especially the newbies we should learn to discuss all strategy and let people make there choice.
Lump sum or DCA is a nice strategy and anyone we use let's make sure we are holding.

I think you should change your mindset, indeed Lump sum is also good but if we apply investment for the long term, isn't it better to buy gradually. If I think gradual purchases can be concluded that we can buy bitcoin at different prices throughout our investment period. You buy at $44k, $45k or depending on the bitcoin price on the day of maturity to buy, that way you have unknowingly bought at every dip that occurs because that is the advantage of DCA.

If you mean to forget about the wallet because you don't want to touch the wallet in the near future then you can buy $5k for a special wallet that you keep the key as well as possible and forget it for the time you want. Well the remaining $5k you can buy via DCA for other wallets so the point I can conclude is that we continue to follow up on bitcoin purchases and that is a great way to increase Bitcoin ownership.

If you already have a lump sum that is available to you for buying BTC, there is no need to DCA buy with that lump sum. You have complete discretion to determine to buy right away or not or to employ various kinds of deferral strategies to buy on dip or to DCA.. and of course, the DCA could be over a few weeks, which is almost like doing it right away, or the DCA could be drug out for several months or even a year.. depending on how the person felt about the current market situation and also about their own already existing BTC stash and process that they might already have in place.  So for example if the amount was something like $10k, and if the person had ONLY been buying $100 per week in BTC, then that $10k amount is two years worth of DCA... so if he wanted to delay over two years, that would be to double his current DCA from $100 to $200 per week.

Surely there can also be variations in regards to how quickly he might want to get the $10k into BTC and if he wants to keep some value for buying on  dips or not.  The answer is not obvious, even though there are options available for such a person that might not have had been available for a lot of folks who ONLY are able to invest from their regular monthly cashflows.  Don't get me wrong, there are probably a lot more people who get opportunities to lump sum invest, yet they might not even realize that they are having an opportunity to lump sum invest if they don't already have systems in place to buy BTC.  So surely one of the advantage that any regular DCA buyer of BTC will have relates to his already having systems in place for the buying of BTC, so if he ever comes across extra money, he may well consider that extra money as a lump sum BTC buying opportunity rather than just an opportunity to spend it right away on some consumptive good, which many people might not even know what to do when they receive extra money, and they might even subconsciously start considering certain things that they want and they are now able to buy.. even if the thing might not be a very good idea if they were to compare such current consumption with the possibility of buying BTC (which is a kind of deferred consumption that may or may not end up playing out to their advantage, yet if they have a 4-10 year investment time horizon or longer, they might not concern themselves too much with current payoffs as compared with future potential payoffs that might allow them to stop working 1-2 years (or even longer) than they would have had otherwise been able to do. and perhaps their ability to assure they are going to always be able to purchase high quality food, especially in their older years... or to be able to do maintenance on their house after they are no longer earning income from working without having to worry about how much it costs).

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA. Someone can argue that if you have enough money to convenitly buy a large amount at once then what is the essence of stressing yourself to do DCA every week or monthly. For people with huge amount of money to buy at once, what they will concern themselves with is the right timing to buy. With the accurate knowledge of Bitcoin the investor will know better to buy in dip, hodl and wait just like any other hodler. Investors with lump sum that understands Bitcoin seasons can choose to wait for a full circle that will lead to another bear run and accumulate again during dip. The difference between the regular investors that adopts the DCA method and those that buys with lump sums is that the former buys in Satoshi according to what he can squeeze out from his income while the latter buys approximately 1 BTC at once because he can afford to. The common ground for the person that does DCA method and the other person that buys with lump sum is that they aim to have sizable amounts of Bitcoin to enjoy returns on investment in the future. Whichever method an investor chooses according to his income whether DCA or buying at once with a lump sum they both have the believe that Bitcoin as an asset will always increase in value on the long term.

[Salahmu]

If you don't get suitable bearish then you can start depositing bitcoins with DCA method and if you get low price of bitcoins during deposits regularly then lump sum buy may be more useful for you to get more holding in less time.

At least it seems that you understand the three methods, even though you seems to be conceptually mixing them up at the same time.

If we don't have separate portfolios, it may be better to tend to mix in bitcoin holdings.

Your understanding is quite different from the point JayJuanGee highlighted on his post because if I can remember correctly he was clarifying you about the various accumulation strategies because you were mixing up the strategies and still after reading your post you are still mixing up things by getting yourself more confused the more, however I'm curious to no what you meant by having a separate portfolio, do you mean that your plans is having a seperate portfolio for each of the strategies?, don't messed up your investment do to lack of proper knowledge about how each of those strategies works.

I wonder why you would even talk about having diverse investment portfolio when you have not even been able to to arrive at your "Fuck you status", and even if you have arrived at that point there is no need getting a separate one since you already have an existing investment, so instead you can continue adding more.

Someone can argue that if you have enough money to convenitly buy a large amount at once then what is the essence of stressing yourself to do DCA every week or monthly.

For me I consider that argument to be an irrelevant one because everyone has there definition of a huge amount, so let's take for instance somebody who has $1k and claims to have a very large amount, do you advise such person to stop accumulating Bitcoin for years after investing the money?, is actually obvious that the argument will have a negative effect on people towards getting to there "Fuck you status".

[Popkon6]

It seems you are mistaking the buy Dip to lump sum because in lump summing investors don't necessarily need to wait for bearish before they buy. Lump summing simply means buying in a large quantity regardless of the market condition but it will be an advantage if an investor lump sum during the Dip and people who see this method as boring are investors who don't have enough funds to..., just like me I don't like the lump summing because I can't afford it that's means it is boring to me. But the reason why I like it is that a figure one will buy a day can take some investors who is using the DCA method a month if not year(s) to accumulate.

Basically the investment depends on the investor, an investor can participate in the investment depending on his financial condition. Maybe a low-level new investor is good enough to invest $90 per week, but if you push him to invest more dollars, he will be greatly oppressed. And he will not be able to sustain the investment for a long time as per DCA method, he may be ruined later.
 Therefore, regardless of the amount of money, the investor should invest as much as he can on a regular weekly or monthly basis, then he can sustain his investment for a long time and later he can accumulate more bitcoins.

, reason being that some people don't know there priorities when they are faced with two things and they end up handling what is not a priority and regret later and making them hit a fuck up stage were they now dip hands into there Bitcoin investment.

People who invest in different places because of some extra greed usually lose money. Because it is only worth investing in Bitcoin according to the DCA method, and it is not worth investing in all the rest because the market is more likely to be destroyed at any moment. But Bitcoin is the only reliable one that has survived the market reliably for a long time, and the price of Bitcoin has touched all the way from the lowest to the highest. Therefore, no matter where the DCA method of investing in Bitcoin starts, there is no possibility of loss, as the portfolio will grow if the price of Bitcoin rises in the future.

[Promocodeudo]

If I had money for lump sum I would have prefer that to DCA strategy because I would just buy at once and forget about it just keep holding I think it would give me more relaxation, I won't be thinking about Accumulating this week or month, I won't be stressing my brain on the percentage or on when to be aggressive in Accumulation.

I think you should understand that it is almost impossible for you to arrive at the amount of Bitcoin you want to have in your portfolio once, let's get the record straight, a bitcoiner thats making use of DCA method to accumulate bicoin can also buy in lump when he or she has gotten a big amount of money that he doesn't want to use for anything at the moment and if kept just like that, it might be used for unnecessary expenses such investor might decide to use such fund to buy in lump sum but that doesn't stop him or her to discontinue using DCA method or accumulating Bitcoin, Bitcoin acumulation is a continuous process and with the little I know, buying Bitcoin to the level of your satisfaction doesn't come in a twinkle of eye, buying in lump sum does not stop you from continuing doing the needful instead it should be a motivation for you since you are now convinced that you a good fraction of Bitcoin in your portfolio.

Don't be relaxed because you bought with an amount that's beats your imagination,  you should understand that people that buy in lump don't stop buying, they buy when the have the amount to do so and there is no specified time to buy in lump sum, investors buy in lump anytime they have the funds to do so and continue acumulating with the method the use in accumulating gradually, steadily with what they can afford without giving a break and keep hodling for a long-term

[MainIbem]

If I had money for lump sum I would have prefer that to DCA strategy because I would just buy at once and forget about it just keep holding I think it would give me more relaxation, I won't be thinking about Accumulating this week or month, I won't be stressing my brain on the percentage or on when to be aggressive in Accumulation.

I think you should understand that it is almost impossible for you to arrive at the amount of Bitcoin you want to have in your portfolio once, let's get the record straight, a bitcoiner thats making use of DCA method to accumulate bicoin can also buy in lump when he or she has gotten a big amount of money that he doesn't want to use for anything at the moment and if kept just like that, it might be used for unnecessary expenses such investor might decide to use such fund to buy in lump sum but that doesn't stop him or her to discontinue using DCA method or accumulating Bitcoin, Bitcoin acumulation is a continuous process and with the little I know, buying Bitcoin to the level of your satisfaction doesn't come in a twinkle of eye, buying in lump sum does not stop you from continuing doing the needful instead it should be a motivation for you since you are now convinced that you a good fraction of Bitcoin in your portfolio.

Don't be relaxed because you bought with an amount that's beats your imagination,  you should understand that people that buy in lump don't stop buying, they buy when the have the amount to do so and there is no specified time to buy in lump sum, investors buy in lump anytime they have the funds to do so and continue acumulating with the method the use in accumulating gradually, steadily with what they can afford without giving a break and keep hodling for a long-term

What he's saying is not a bad idea, both the DCA and lump sum strategies are all good ways of investing in Bitcoin and he is saying that if he had enough money to do the lump sum (buying bulk) he'll prefer that to accumulating a certain percentage of his income weekly or monthly but that doesn't mean he'll just buy once and not buy again, if he's very wealthy enough, he could buy bitcoin worth millions of dollars then he can buy again after 2-3 months interval, I consider that a good strategy too given that there's no point for an investor to stress themselves overthinking of buying repeatedly weekly or monthly since they've already bought far beyond the current price of Bitcoin and could still top up their portfolio after several months like 2_3 like I said earlier so far they're wealthy enough to keep up. It's only when he buys once using the lump sum strategy and stops buying again cause he feels he's bought beyond the current price of Bitcoin that I'll consider not a good idea. Well it's also reasonable to do the lump sum when an investor has enough for it and also continue doing the DCA after that, I think it's a matter of choice and not compulsory that an investor must combine both the DCA and Lump sum strategy.

[Justbillywitt]

If I had money for lump sum I would have prefer that to DCA strategy because I would just buy at once and forget about it just keep holding I think it would give me more relaxation,

Actually there are people who does that, they just invest a huge amount of money in bitcoin in the form of lump sum and they don't bother buying again while waiting for their maturity date. There is really nothing wrong with that but to get the most out of the investment it is good to follow it up that investment with continuous buying to make the most out of the investment. While you are waiting for the maturity date of your long term investment, there are going to be some up and down trends in the market, and you can capitalize on them and make the most out of your investment.

There was an illustration that @JJG gave here some time ago about two investors, who invested in bitcoin with same maturity date in mind. Investor A got 27 bitcoin at an average cost of $100 to $300 or something there about, while investors B got 33 bitcoin or more, I can't really remember the exact figures currently. Investor B got his bitcoin at an average cost of $800 to $1000. They both have the same holding period. He asked which investor would we rather be and most people including myself said investor B. At the end of the day @JJG said the difference between the two investors is that investors B followed up his lump sum investment with a continuous buying while waiting for the maturity date, but investor A didn't follow up with continuous buying. So at the end of the holding period everyone admired investors B. That's what continuous buying through DCA does to lump sum investment. While you have invested through lump sum, it is best to follow it up with continuous buying, no matter how little the weekly or monthly DCA amount might be, at the end of the holding period it will be worth it and will be better than someone who just lump summed without following it up with continuous buying.

[Bitcoin Smith]

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA.

I would say this is the only way for them to accumulate BTC when they don't have lump sum, well there are many ways that someone can make huge money in short term so they can convert their small capital to big one like investing on a random shitcoin and make 100x over night or maybe by winning a lottery but those all are just not gonna happen to everyone.

So as an average person who understands that bitcoin has the potential to grow but they don't have the risk tolerance of investing big then approach small steps is what the DCA is all about and in over the period of time they will be having an portfolio value that they never dreamt of before so no matter what keep accumulating coins.

[Jewan420]

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years.

I cannot agree with you. DCA is suitable for both low income and high income groups. DCA has many benefits. One of the benefits is the opportunity to buy when you can, turn small capital into big capital, and reduce risk. I consider DCA universal. Never consider DCA for just one group. It is universal, anyone can invest in DCA strategy. Do you know many big companies in the world invest in DCA method? Do you think they don't have the money to buy a lump sum?

They must have money. Although I cannot tell the full purpose of investing in DCA method of these companies, but as far as I know they invest in DCA method to reduce the volatility of Bitcoin price. Earlier I wrote about this topic in which the names of world famous companies are mentioned which companies invest in DCA. Below is the explanation.

One of the biggest benefits of investing in the DCA method is to minimize the volatility of the Bitcoin price and try to stabilize it. Although it is not possible to completely stabilize, most unstable conditions are reduced. There is a clear understanding in your words, where you try to say that the DCA system is more favorable to the poor. But you will be surprised to know that some of the most popular companies in the world invest in Bitcoin through the DCA method. One of the best companies in the world, MicroStrategy, Tesla, Square, Galaxy Digital and many other companies invest in Bitcoin using the DCA method. They have become whale investors by adopting the DCA method. The DCA method is equally beneficial for both the rich and the poor and it would not be wrong to consider this method as the best method for growing Bitcoins as well.

[asarfiar]

Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

[I_Anime]

Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

You are sounding more of trader than an investor, because as an investor you don't have to rely on how does things you just mentioned when accumulating, though is good to follow with latest updates about the space , but don't focus on the market trend when it comes to bitcoin investment, your main goal is how to secure a better bitcoin investment, by accumulating enough stashes and keep it safe in order to hold for long-term.

And this thread is not about trading , is all about holding Bitcoin , so they are thread for trading but is not this one . So focus more on building a better bitcoin stash.

[Ruttoshi]

quote]Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment.

The best timeline for bitcoin investment should be from 4-10 years and above and not 1-2 years because that is no longer investment but trading and the chance of you running at loss will be higher. The purpose of investing in bitcoin for long term is to enable you build and grow your bitcoin portfolio overtime with DCA method and reduce the risk of losses because bitcoin is a volatile asset and you should not see it as a means to get rich quick, otherwise you will miss the opportunity of having a good size of bitcoin portfolio for the future.

A new investor does not need to buy bitcoin and wait but he should keep on increasing his bitcoin portfolio bit by bit by buying regularly with DCA continously, persistently and consistently so that he can reach or get close to his bitcoin target quickly.

 May it be market trends, know about cryptocurrencies,keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

You should be specific with word bitcoin so that you don't mislead newbies for them to think that altcoins are also worth investing and hodli for a long period of time because it is not true. From what you said above, it shows that you are talking about trading and that is the mindset of what you have because a new investor does not need to care about the price movement of bitcoin since he is only accumulating for long period and will not sell.

Trading should not be seen as a way to increasw your bitcoin because it will only make you destroy what you took your time to build and will deprive you from reaching a certain level in your bitcoin investment.

[Raflesia]

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA.

There is no benchmark or limitation regardless of low or high income when wanting the DCA method as an option then anyone can do it so do not become a reference where when we have a low income then we must do DCA and higher income we should not do it. In addition to this, do not be too dependent on the price and amount owned because it is necessary to realize that when we invest in bitcoin, whatever method is done, this is not a race for who can reach 1 bitcoin first because it is precisely something like that that makes you a little pessimistic when you don't reach 1 bitcoin so in this case do not be too fixated on the amount, do as much as you can because this is not a race but this is a hope that we have a more secure future, especially in financial freedom.

Investors with lump sum that understands Bitcoin seasons can choose to wait for a full circle that will lead to another bear run and accumulate again during dip. The difference between the regular investors that adopts the DCA method and those that buys with lump sums is that the former buys in Satoshi according to what he can squeeze out from his income while the latter buys approximately 1 BTC at once because he can afford to. The common ground for the person that does DCA method and the other person that buys with lump sum is that they aim to have sizable amounts of Bitcoin to enjoy returns on investment in the future. Whichever method an investor chooses according to his income whether DCA or buying at once with a lump sum they both have the believe that Bitcoin as an asset will always increase in value on the long term.

I agree with the last part which says that bitcoin allows as an asset that will always increase in value in the long run but in this case we must also try to create a situation so that we are not burdened because after all as a hodler we must understand how hard it is to do this because there are always some temptations that occur so in this case when taking the method that we will choose in investment then think carefully about what we will do so that in the end the initial plan that has been arranged can run well even though there must be some changes over time because of the results of the most important evaluation in this case we do not feel In this case when taking the method that we will choose in investment, think carefully about what we will do so that in the end the initial plan that has been arranged can run well even though there must be some changes over time because of the results of the most important evaluation in this case we do not feel burdened by the investments we make by understanding all forms of risk and holding firm beliefs for bitcoin.

[JayJuanGee]

[edited out]

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA.

Well.. many people, including newbies, get distracted into thinking about accumulating a whole BTC, which is bordering on retarded.. even though I know that a lot of folks get sucked into the unit bias of our BTC naming, and hardly any of the newbies knows what is a satoshi, which might well suggest to them to accumulate BTC aggressively within their own means rather than getting caught upon the idea or even the need to accumulate a whole unit.

Sure, 1 BTC is still in grasp for some normies to reach, yet it seems more realistic that most people should be figuring out various other more realistic BTC accumulation targets.. such as 10 million satoshis, or 2.1 million satoshis or even starting with a target of 1 million satoshis night well be quite reasonable. and with the passage of time, if certain lower threshold BTC accumulation targets are reached, then it might become feasible and/or reasonable to shoot for higher BTC (satoshi) accumulation levels.

Even a guy who is buying $100 per week worth of BTC does not seem very likely to be able to reach a whole BTC after 10 years of investing.. if that might be all that he is doing and if he is just starting now.. and surely, I am not even suggesting that $100 per week is a small amount, yet I am suggesting that it is important for newbies to work within their budgets in order to be as aggressive as they are able to be without overdoing it. .and many folks may well not be able to reach even close to a whole BTC, yet they are likely to be way more advantaged by having had invested into bitcoin as compared with if they had not invested into bitcoin.

Someone can argue that if you have enough money to convenitly buy a large amount at once then what is the essence of stressing yourself to do DCA every week or monthly. For people with huge amount of money to buy at once, what they will concern themselves with is the right timing to buy. With the accurate knowledge of Bitcoin the investor will know better to buy in dip, hodl and wait just like any other hodler. Investors with lump sum that understands Bitcoin seasons can choose to wait for a full circle that will lead to another bear run and accumulate again during dip. The difference between the regular investors that adopts the DCA method and those that buys with lump sums is that the former buys in Satoshi according to what he can squeeze out from his income while the latter buys approximately 1 BTC at once because he can afford to. The common ground for the person that does DCA method and the other person that buys with lump sum is that they aim to have sizable amounts of Bitcoin to enjoy returns on investment in the future. Whichever method an investor chooses according to his income whether DCA or buying at once with a lump sum they both have the believe that Bitcoin as an asset will always increase in value on the long term.

Each of the BTC accumulation methods can have their advantages, yet as you suggest the poor person does not really have a lump sum option, so if the poor person ever wants to make progress, then he is generally going to be better off to be trying to accumulate BTC regularly, persistently and consistently with whatever level of discretionary income that he believes that he can dedicate towards BTC.

Richer folks, who have lump sum amounts available from the start still might not be advantaged over the DCA buyer if they fail/refuse to act.  Over the past 10-13 years, we have plenty of examples of ongoing, consistent and persistent DCA buyers who had ended up passing up their contemporary peers and even passing up people who were otherwise in a richer demographic, which was due to both their awareness of BTC and their ready, willingness and ableness to act upon their knowing about BTC.   Sure, they might not have had known about BTC with confidence, yet if they engaged in some kind of a decent investment plan that largely emphasized and focused upon BTC accumulation and/or holding, then they were well rewarded for keeping their focus in that direction.

.......Although I cannot tell the full purpose of investing in DCA method of these companies, but as far as I know they invest in DCA method to reduce the volatility of Bitcoin price. .....

Frequently folks (or companies) with a lot of money use DCA because DCA tends to be a better way for them to manage their cashflows and potentially they might be able to accomplish reallocation (to give a higher portion of their portfolio over to BTC) while avoiding any need to sell many or any of their other other investments.

quote]Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment.

The best timeline for bitcoin investment should be from 4-10 years and above and not 1-2 years because that is no longer investment but trading and the chance of you running at loss will be higher.

A person who focuses on investing for less than 4 years in bitcoin is trading rather than investing, yet it does not mean that he is going to be at a loss after 1-2 years, since he likely can attempt to time his bitcoin sales to make sure that he is in dollar profits...  yet he is still trading if he wants to be in bitcoin in the long term, since he might be wanting to buy back cheaper and he also might be unlucky if the BTC price keeps going up and he does not have any BTC.  We cannot be sure the extent to which he might be profitable or losing in the short-term, and neither does he, yet he takes his chances with trading, which an investor is not taking those same chances, even though investors are generally expecting the BTC price to continue to go up in the longer time-line of 4-10 years or longer. 

Surely there are some traders who are going to be able to beat bitcoin investor returns, and sometimes they will beat such investor returns in the long term too, yet those kinds of traders are not very common, especially since bitcoin has been such a great investment, it seems a bit retarded to be trading it, even though a lot of traders do trade it and have tended to lose in the long run as compared with investors, and there no real signs that bitcoin has weakened as an investment asset, even if the extreme of its price slope has lessened.

Some folks who are trading call themselves investors, and they may well be trying to build up their trading portfolio and they could even be setting aside some of their capital in an investment way, yet many times they are not really investing yet trading since they are continuously aiming to earn yield from their capital, which may or may not end up working out very well for them, especially in the context of such an otherwise great investment like bitcoin. 

People can do what they like, even though we are not talking about trading in this thread, members will sometimes get tricked into believing that we are talking about trading or that buying the dip has some kind of a preference to sell in order to get short-term dollar profits, so surely sometimes we are battling over definitions and also some people lose their patience with just employing various techniques to accumulate, and for various reasons they frequently are excited to take some profits rather than just seeing their wealth go up "on paper."

[sotelorene]

Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

I think you misunderstood the whole thing, the person you quoted wasn't talking about trading rather he or she was talking about investing in Bitcoin and apparently you seems to have forgotten that Bitcoin is very volatile and sometimes it can take more than 2 years get to a greater level. We not here to be taking any slight profit because of market uptrend and anyone who sell because of slight move in the market is not worthy to be call an investor  and lastly, in Bitcoin investment we don't need too many research and signals because we are not traders, ours is to keep accumulating and holding for a long period.

[topbitcoin]

Start buying at timed intervals, On the long run you increase your stack and got less worries about the price. It will give ease of mind to not check the charts every x minutes ; )

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

Looking at the context I feel that this is referring to trade rather than investment and of course things like this don't make sense when lumping investment and trade together because they have differences.

Although in the end I agree with research and learning individually without having to be spoon-fed by others but when it comes to long-term investing we don't need any signals because all we have to do is buy.
Many presumptions are wrong especially when talking about beginners especially when equating investment and trading in the same situation even though in terms of the actual spirit of beginners sometimes very good when making purchases (because I also at the beginning of knowing bitcoin like that) but of course they also have to distinguish what is meant by investment and what is meant by trading because it is important so that when the implementation of bitcoin adoption is done they do not make mistakes in placing positions just because they generalize investment and trading as the same thing.

[Patrol69]

I've asked several friends I know, why they invest on shitcoins when they know that Bitcoin is the most superior Cryptocurrency and shitcoins are pump and dumps and the replies I get is that to they're willing to take the risk and life is full of risk and to make wealth one needs to take risks and then I keep wondering why I'll risk losing my funds to an inferior coin (shitcoins) cause to the quest to make quick money when I could invest on something superior (Bitcoin) and benefit in future. knowing that Bitcoin is superior to other Cryptocurrencies and is the best for investment should make people disregard those shitcoins and what I've come to understand is that some people lack patience they prefer quick money to a good investment with long-term goals and that's why many have failed while on the verge of seeking wealth. I totally agree with you that the best place anyone could invest their money when it comes to Cryptocurrency is Bitcoin and I'll never advise anyone to investment on pump and dumps (Shitcoins) due to the high risk factor involved in it.

I don't think they put a lot of money into shitcoin. That's what they expect. Taking a risk on shitcoin with small money to get a bigger profit. But if your friends dare to put most of their money into shitcoin, I'm sure they are reckless people.
Shitcoin is only for the short term. Not to be held in the long term. The longer you hold shitcoin, the greater the risk of losing it. Unlike Bitcoin which has proven its history. This is just a matter of understanding and principle. Some people may think too hard because of the small capital they have and the inability to hold it in the long term.

Coin selection before investing in DCA investment method is very important for any investor. Now if we choose one of the worst coin to invest in and invest in that coin consistently for a long period of time, we will never get success from that investment. First of all we have to focus on coin selection, when we can select the right coin then we have to make sure which method we will invest in. For example, I first considered Bitcoin as an acceptable coin to invest in and then tried to consistently invest in this coin. I have maintained my investment for several years and will continue to do so in the future.

[MainIbem]

I don't think they put a lot of money into shitcoin. That's what they expect. Taking a risk on shitcoin with small money to get a bigger profit. But if your friends dare to put most of their money into shitcoin, I'm sure they are reckless people.
Shitcoin is only for the short term. Not to be held in the long term. The longer you hold shitcoin, the greater the risk of losing it. Unlike Bitcoin which has proven its history. This is just a matter of understanding and principle. Some people may think too hard because of the small capital they have and the inability to hold it in the long term.

Coin selection before investing in DCA investment method is very important for any investor. Now if we choose one of the worst coin to invest in and invest in that coin consistently for a long period of time, we will never get success from that investment. First of all we have to focus on coin selection, when we can select the right coin then we have to make sure which method we will invest in. For example, I first considered Bitcoin as an acceptable coin to invest in and then tried to consistently invest in this coin. I have maintained my investment for several years and will continue to do so in the future.

The only coin that should come into the mind of any investor when it comes to coin selection concerning the DCA method is Bitcoin, some investors might want to buy some Alts they feel have potential and DCA with but they're wrong cause you don't DCA using other coins but Bitcoin infact most of those other coins got short-term goals whereas Bitcoin is for long-term investment purpose and that's why it's best for the DCA method. The worst thing an investor would do to their portfolio is to buy and hodl a shitcoin then implement the DCA method on it, that's something the investor would so much regret and might even get depressed cause you'll watch it dumping rapidly at some point. This is something I've experimented in the past, I've held several shitcoins topped up after several intervals and regret was the case so I'm talking out of experience, investors should only buy Bitcoin, hodl Bitcoin, DCA with Bitcoin for investment purposes.

[Justbillywitt]

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

Holding bitcoin for one or two years might not really be enough to see a substantial price movement. It is always advisable to hold bitcoin for at least one circle or more to see a good price surge. And one bitcoin circle is usually 4 years. The one or two years you are talking about can be used as your accumulation stage, especially when you are buying through DCA.

There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements,

As a bitcoin investor or an intending investor, your primary concern should be on bitcoin alone, you don't need to pay  any fucking attention to cryptocurrencies, fuck crypto. This is a major bitcoin discussion thread, and it doesn't make any sense to talk about crypto here. This is how some folks gets into troubles and end up blaming it on bitcoin, whereas bitcoin hasn't really disappointed any of it's investors, be it the old or new investors. And another thing is that as an investor who is in for long term bitcoin investment, you don't really need to keep your eyes glued to price movements, as it might have have a negative impact to your bitcoin accumulation journey. Buy your bitcoin as the funds comes in. Irrespective of market condition.

[Entexion]

We've been buying every time there's a noticeable dip. It also helps that we're accepting crypto for our web hosting services since we can remember - it has allowed for massive growth, as we were able to use the crypto as collateral to fund expansion of our operations. Crypto all the way!

[Ruttoshi]

We've been buying every time there's a noticeable dip. It also helps that we're accepting crypto for our web hosting services since we can remember - it has allowed for massive growth, as we were able to use the crypto as collateral to fund expansion of our operations. Crypto all the way!

I can see that you are new here, welcome to the forum.

This thread is a bitcoin discussion thread and not cryptocurrency because we have more than 500 cryptocurrency and apart from bitcoin the rest can be classified as shitcoins because majority of their dev created them to scam people through pump and dump and that's why you see that they are not worth buying only if you want to gamble with your funds because you will get burned.

Bitcoin is the only cryptocurrency that has potential to increase its value overtime due to its decentralized natural and it has been seen as one of the best asset currently because the odds of the price going uptrend with passage of time is higher than downtrend. This is why so many people have seen bitcoin as an investment and if you can keep buying bitcoin weekly or monthly with Dollar Cost Average (DCA) with your extra cash continously in oder for you to be increasing your bitcoin investment for 4-10 years and above. You will be surprised at the quantity of bitcoin that you have accumulated.

Investing in bitcoin is for the future when there will be high level of inflation than this, the price of bitcoin would have also increase very high too and for that reason, your bitcoin portfolio will be in profit. Investing in bitcoin for a very long time and hodli will save your savings from inflation unlike when you save it in a bank, not that alone because you will also have a benefit for choosing bitcoin which is the profit that your bitcoin will generate based on the size of your bitcoin portfolio and this is why a new investor only needs to focus on buying and accumulating overtime without selling or using it for payment so that you can reach your bitcoin target.

as we were able to use the crypto as collateral to fund expansion of our operations.

It is wrong to keep your bitcoin with third party because you can loose your bitcoin