Buy the DIP, and HODL!

[Samlucky O]

Merry Christmas 🎄 folks and happy holiday  

Been the first to say this here , feeeels goooood , they are going to be alot of up and down movement in the market today due to today celebration , but still every movement is an opportunity to stash more , let's keep thriving and hold as we enter another year of greens soon.

Season greetings to you mate and a prosperous new year to all the buy the dip members, Surely even though this thread is not an Xmas celebrating thread like that of @fillipone's merry Xmas thread, but since we are always active here in this group, we will wish ourselves well this  festive period anywhere in the forum as long as we alive to see ourselves in good faith.  Chears to you all..

My advise to you guys is to spend wisely this festive period. Because festive period, surely looks promising but come in a way of overspending, and if folks are not careful they will surely overspend above their dicretikn and of course its not a nice one. So we should be able to spend withing our discretion and not above, which might later affect our bitcoin holdings by nest year 2025.

So even as Xmas is being celebrated all over,  don't forget
To
buy the dip..
Buy bitcoin through lump sum and
Buy bitcoin through DCA.

As we spend, let us also be accumulative by any chance. Chears to you guys mery Xmas and new year to you guys.
 
I want to use this medium to also thank our Boss Sir JayjuanGee for being actively here to educate and correct us of our financial mistake. I must confess this few time of a year plus I have been in this BTT forum I have learnt a lot from different people and most especially boss JJG I respect you because you have changed my scope of financial management, hence making me more careful each time I want to spend.  Well words alone can not describe the magnitude of love I or we have for you, I say thank you.

For others who has been impacted by JJG, you all can reply by given him a green  heart 💚💚💚.

[bitzizzix]

I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries.

I'm more interested in good ideas to maintain the idea of ​​continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread.

It's useless, they do fud, they sell and they don't care about us at all.

For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government.

I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024.

The supply of btc is only 21 million coins, keep buying like saylor did

Bitcoin is indeed a very good and promising investment asset. But even so, not everyone believes in this, and likewise the government of a country, not all of them believe in bitcoin. I don't think we can blame people who don't believe in bitcoin, because that's their right. Especially when discussing government vs bitcoin, I think this is a bit inaccurate. Because in essence we don't need to bother making a comparison regarding countries that are pro-bitcoin and those that are not. Because I am sure that one day it is possible that a country that was previously not pro towards bitcoin could become pro towards bitcoin. Because basically Bitcoin has a very good system at the moment, so sooner or later it will definitely make more and more people interested, as well as countries. Therefore, now we don't need to think about this, because Bitcoin is here to bring peace, not hostility. So instead of criticizing the government of a country that is not pro towards bitcoin, it is better for us to look for more discretionary income so we can add to our portfolio in bitcoin.

Yes, we don't need to bother with things that disturb the community or some countries that are not friendly or anti-bitcoin. And it is better for us to focus on maximizing our opportunities in creating extraordinary profits and at the same time changing our finances or circumstances for the better because this is an extraordinary opportunity and anyone who wastes it will definitely regret it someday.

And as we know the growth and development of bitcoin continues to grow and also continues to be popular from time to time and this is real evidence that slowly or over time everyone and even countries realize that bitcoin is very useful and also profitable for those who use it, and they will even oppose the government in any way so that they can still use bitcoin if it is indeed prohibited because Bitcoin is freedom and can also help finances if done correctly and wisely. So just ignore those who still oppose or ignore this extraordinary Bitcoin, because it will not provide any benefit to us because Bitcoin will continue to exist and continue to grow and also benefit those who use it and will regret it for those who still ignore it.

[Spaceman1000$]

@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.

Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.

Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting.

IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments.

On the contrary, they do and even know it better than us because they don't play with money and power so they have more resources to research and gather information more than you can imagine. Don't be surprise that the reason some of them are against Bitcoin may just be because Bitcoin will weaken their power and control. Their media propagandas is not because they don't know the power Bitcoin holds but they don't want more people becoming aware of that else the number of people embracing Bitcoin will increase and so will their control of the fiat system. So the authorities will not easily give up their power and control of money and who have access to it.

However, they seems to have become aware that they really cannot stop Bitcoin so instead of fighting what they cannot stop, they chose to know who has what, the reason they are against anything privacy.

I quite agree with you, the government of some countries are only threatened by the financial freedom Bitcoin gives, that's why there has been sponsored negative propaganda in some quarters. but one thing they are quick to forget is the fact that, the knowledge and the success stories of Bitcoin is growing fast like a wildfire, people are more interested in business and investment that will give them profit in a long term especially the ones government cannot gag and Bitcoin possesses that might. We all know that it will be hard for the government to accept the new normal, but there nothing they can do.

Most governments are busy trying to give you an idea of ​​your attraction to fiat growth regardless of your performance. Governments are very focused on increasing individual investment and expecting to get taxes. They are considering every sector seriously to increase the productivity of fiat. On the contrary if they continue to try to launch projects to increase Bitcoin, then the possibility of getting more interest for ordinary investors is for example El Salvador's President Nayib Bukele.

Bitcoin can provide a holder with financial freedom and help him to be more secure at the end of his life (retirement) if he stays in DCA strategy. The period is 4-10 years or more and I especially recommend Bitcoin savings for those who are financially independent and have little disposable income left. Friend, the negative campaign about Bitcoin has been going on since the beginning and it will continue forever and some governments of the world are delaying the adoption of Bitcoin. I am pretty sure that they will realize their mistake soon like Donald Trump.

Bitcoin success stories are spreading like wildfire, leading to an increase in the number of investors worldwide. While it is not easy for any government to adopt Bitcoin, there are efforts being made to make it difficult by some quarters who only study its negative aspects and are blind to.

Funny enough the whole essence of government is to make life easy and Worth living for the citizens, but when government begins to block opportunities citizens are supposed to explore, then it leaves us with a lot of reservation. This is one reason I salute the courage of a leader like Donald Trump, who has come out in full to support the Bitcoin Community at least with favourable policies he has promised to implement once he is sworn in as the President of America. If we can have leaders cut across board that have the mindset of Donald Trump when it comes to Bitcoin, trust me this brainwashed mindset some persons have towards Bitcoin would have reduced drastically by now.

[danadc]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

[MainIbem]

My advise to you guys is to spend wisely this festive period. Because festive period, surely looks promising but come in a way of overspending, and if folks are not careful they will surely overspend above their dicretikn and of course its not a nice one. So we should be able to spend withing our discretion and not above, which might later affect our bitcoin holdings by nest year 2025.

So even as Xmas is being celebrated all over,  don't forget
To
buy the dip..
Buy bitcoin through lump sum and
Buy bitcoin through DCA.

As we spend, let us also be accumulative by any chance. Chears to you guys mery Xmas and new year to you guys.
 
I want to use this medium to also thank our Boss Sir JayjuanGee for being actively here to educate and correct us of our financial mistake. I must confess this few time of a year plus I have been in this BTT forum I have learnt a lot from different people and most especially boss JJG I respect you because you have changed my scope of financial management, hence making me more careful each time I want to spend.  Well words alone can not describe the magnitude of love I or we have for you, I say thank you.

For others who has been impacted by JJG, you all can reply by given him a green  heart 💚💚💚.

Compliments of the season mate, you've made a very valid point here. Lots of people, out of joy and happiness that comes with the season would tend to spend recklessly and forget their goals concerning Bitcoin, I'm not saying it's a bad decision to spend money this period, of course it's the Christmas season so lots of people would spend more time with their loved ones and probably get gift items for them but they shouldn't over spend to the point that they'll be forced to tamper with the Bicoin they're holding when it's not yet due to take profits and even though it's due I believe that people should be buying more bitcoin and hodling than selling for any purpose especially now that the market is still at the correction stage thereby giving investors more opportunity to accumulate as much as possible before another wave of the bull season comes again. We all know that Bitcoin has a lot of potential and would increase more higher than this by 2025 so it would be unwise to sell instead of buying more, anyways I appreciate the effort of every hodler that's still patiently holding unto their coin, kudos to them and kudos to Mr Jay for being so educative thereby impacting more knowledge about Bitcoin to many that are willing to learn.

[red4slash]

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

Actually what needs to be remembered in this case is that our goal in bitcoin is not only 1 or 2 months but we are in bitcoin for a longer period such as the halving period or even more than that where there are some people who have targeted themselves to be in bitcoin within 5 years, 10 years even more so in the end why should panic with the temporary decline that occurs because in the end this is just a process for us to achieve the target we want and don't forget that bitcoin fluctuates as an inseparable element so that if we expect a significant increase in terms of value then we must also be prepared for the decline that occurs because it is a very normal thing to happen.

Indeed, the sense of worry when dealing with money and the value that is owned must always be there but as long as we are sure that the future will be better for what feels too panicked by the actual situation we can still do casually because regardless of the current decline it is only temporary and our goals will not be affected by a temporary decline like this.

[Futurexxx]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

[Zackz5000]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

Yes one can start accumulating Bitcoin using the DCA strategy where you can be accumulating Bitcoin over gradually either on a weekly basis or monthly regardless of the price of Bitcoin and HODL for long provided you have made provision for your discretionary income so you can be accumulating Bitcoin through it since bitcoin investment is for a long time purpose one can start making provision for emergency and reserve fund so you can still keep your bitcoin journey ongoing since you won't be selling out if things you may not expect comes up because you have already kept you will take care of your emergency need and continue accumulating Bitcoin and HODL for the future.

Let me also use this previllage to wish all bitcoiners and HODLers a merry Christmas and happy New year in advance.

[Pi$$]

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use  for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the  original . (Now am making it sound like a movie   ) ,

The best way to learn is excepting your mistakes and taken correction,  so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

[I_Anime]

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use  for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the  original . (Now am making it sound like a movie   ) ,

The best way to learn is excepting your mistakes and taken correction,  so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are  alot of coins at there  , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that  am running a speculation contest .

https://bitcointalk.org/index.php?topic=5524069.msg64881735#msg64881735

[Issa56]

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future

I don’t really know the amount that bitcoin will be going for in the future, but if you can check bitcoin price history and you see how bitcoin price keeps on increasing, then I will say it’s not a bad idea buying and holding bitcoin now, even as lots of people are saying bitcoin price is already high. Some people are scared to invest in bitcoin currently because of the price, but anyone that’s planning to hold for the long term shouldn’t be scared, but if you are a trader or a short term investor, then make sure you do your analysis before entering the market.

So we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price

Anyone that doesn’t invest in bitcoin now will end up regretting why they didn’t invest now in the next 10-20 years, which you mentioned, because bitcoin price is just going to be massive by then. Anyone that has the financial capacity can just invest now and hold, don’t think the price is already high, and if you can hold for the long term, definitely you will be making massive money in the future.

[Tmoonz]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

I think you should have used the word price of Bitcoin instead of value of Bitcoin in that bolded part because the value of Bitcoin is different from the price of Bitcoin, when you are referring to the value of Bitcoin it has more to do with it's scarcity, utility and trust and it doesn't correspond to your statement.

However, it seems you a nice orientation about Bitcoin but one thing for sure is that one must first figure out whether he or she has a discretionary income which is meant to be the left over cash after ensuring that your basic needs has been met, Bitcoin has proven to be a good choice of a digital asset class any one can afford especially if approached with the DCA strategy it becomes cheaper since you will only be buying a fraction at your convenient and not a whole Bitcoin either weekly or monthly.

[Ruttoshi]

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use  for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the  original . (Now am making it sound like a movie   ) ,

The best way to learn is excepting your mistakes and taken correction,  so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are  alot of coins at there  , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that  am running a speculation contest .

https://bitcointalk.org/index.php?topic=5524069.msg64881735#msg64881735

Learning the hard way means that those people who ignore bitcoin will get burned and regret their actions before they would understand that they were in the wrong bus. You must lose something important to you before you will reverse your steps.

Bitcoin is very promising and nobody should doubt it as a good investment because the price will still be increasing since it's still growing and more people, big firm and institutions are very much interested in accumulating now and we would see more of them entering bitcoin in future.

[Pi$$]

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use  for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the  original . (Now am making it sound like a movie   ) ,

The best way to learn is excepting your mistakes and taken correction,  so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are  alot of coins at there  , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that  am running a speculation contest .

https://bitcointalk.org/index.php?topic=5524069.msg64881735#msg64881735

Learning the hard way simply means they are in the wrong path thinking there are good altcoins out there. When they would have channeled their money into the right asset which is Bitcoin.

As long as Bitcoin is concerned no altcoin is promising dont be deceived that there are coins out there that is more safe to invest in than Bitcoin. Whats the point of investing when your asset is not safe and secured? Or would you prefer to rely on hopes or luck when you invest in shitcoins when you can have a safe investment in Bitcoin?

The choice is open but it seems they are ignorantly of the advantage of investing in Bitcoin and they will learn one day from it, when one of those shitcoins has dealt with them. This is learning the hard way. When life teaches someone a lesson because they fail to take hid in following the right part from the very beginning.

[Sonia_123]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

[btc_angela]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

And let me put it this way, maybe those who are not prepared for Bitcoin accumulation has overestimate short term gains. And then underestimate the potential for long term gains. So we have a choice here, and we should know which is the better one out of the two. We understand someone's point of view to sell because of emergency in the future. But from short term speculators, I don't know why they don't understand the power of compound interest.Come to think of it, Bitcoin could be your legacy to your family, your kids or grand kids as it could really be built as generational wealth. Either way Im just HODL'ing and DCA'ing.



ctto

[Churchillvv]

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

I agree with that waiting shouldn't be part of anyone who's interested investing in bitcoin as the price volatility doesn't guarantee anything to any one as per it might be on an upward trend but turn out to dip while one might be waiting for a dip it could become so bullish. I always encourage buying regularly (daily weekly and/or monthly) as much as you can within your disposal. Constant buying has proved to be the most appropriate thing one can do in his or her journey in bitcoin investment for instance MSTR ha been buying regardless of the price of bitcoin and it's evidence that bitcoin investment is mostly successful when one buys are all potential including the bullish period.

However buying the dips is not also a bad method of accumulation as long as you're doing it but regular buying (DCA) can be more productive as waiting for the dip might not occur in ones expected times so it's best to make every entry count.

[Samlucky O]

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The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

I think you should have used the word price of Bitcoin instead of value of Bitcoin in that bolded part because the value of Bitcoin is different from the price of Bitcoin, when you are referring to the value of Bitcoin it has more to do with it's scarcity, utility and trust and it doesn't correspond to your statement.

I think the scarcity of bitcoin is what causes the increase in bitcoin price therein and making it have a value. So the value of bitcoin is equated in price. For me there is no much difference between the both them. value and price of bitcoin surely means almost thesame thing because if you search for the the value of 1bitcoin surely the result will appear as price of bitcoin, so hence no value no price. When talking about value you are talking about price, and when talking about price you are Also talking about value. And of course that is not even a problem, he has already made his point clearly stating that

we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now,

And that is what we should be more concerned about. To accumulate more now because bitcoin price now may not be thesame in the future. Since we are heading to a more higher price and or value in the future.

[Mayor of ogba]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

They are prepared to buy bitcoin, but since they are in on bitcoin for the short-term profit, they will always want to wait for the bitcoin price to drop so that they can buy bitcoin at a low price, which will allow them to get their short-term profit when bitcoin increases. But for investors who are investing in bitcoin for the long term, it is never good for them to wait for bitcoin to drop; they can start their bitcoin investment with the DCA strategy since they are low coiners and have the opportunity to consistently accumulate bitcoin without targeting any price, which will allow them to be buying bitcoin even if the price is increasing or decreasing.

[Popkon6]

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

Maybe some Bitcoin holders are buying deep or some have bought Bitcoin regularly following the DCA method. So we cannot call anyone a pedestrian on an approximate basis, there are different methods of holding Bitcoin, long-term Bitcoin holding and short-term Bitcoin holding, but we only give the most priority to long-term holding.
Because big companies and big investors who have been holding Bitcoin for a long time, but even a small Bitcoin holder who follows the DCA method and holds Bitcoin for a long time and keeps his holding for a long time, that person will also enter the big holders one day.
This method is so popular because he accumulates Bitcoin by holding it for a few years in the future, and his investment becomes large due to investing in Bitcoin repeatedly for a long time. So we give the most priority to the DCA method and long-term Bitcoin holding.