Buy the DIP, and HODL!

[Sticky Bomb]

As long as a lot of people are still having doubts then my faith is strong, cause I know very soon the digital world will overshadow the whole world.

Doubters would always be present to talk down on bitcoin, but bitcoin would always do its thing and prove them wrong. Lots of people who never believed in bitcoin earlier in its existence regretted their actions and the wiser ones jumped right in and started purchasing bitcoin even with the higher pricing because they've come to believe in its valuable nature showing they learned from their mistakes, while the eternally incorrigible ones may not have invested at all, even while bitcoin has defeated their expectation and surged higher. Truth be told, the second set of people are never happy but are too proud and stubborn to admit their mistakes and make amends. So while they doubt, go on accumulating and maybe your success story would be their conviction at a later time.

So all I've to do now is to position myself well by accumulating more now that is low (dip), of a truth the price might look funny now but in years to come you'll be in massive return.

There is no guarantee that there would be massive interest on your investment, yet we draw our conviction from the good track record of profitability in bitcoin and cast a fair bet on getting good profits which we anticipate, In all, this is why it is good to invest into bitcoin with your discretionary income so that at worst you loose your discretionary income and move on, but in my own optimism, I would continue to invest because I have faith in bitcoin potential to secure my financial future and so you know my involvement into bitcoin has increased my cashflow management ability. There is a whole lot to gain while investing into bitcoin like discipline, dedication and commitment to a course and if I would be improving my personal qualities by investing into bitcoin too, then its best to stick to it. I view bitcoin as not just securing the financial future of an investor, but building the investor's financial and interpersonal skills that can propel him to more life successes.

[Rockstarguy]

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

You can only have a sense of vigilant in an investment which you don't trust and you think it is too risky for you. Most people who such mindset about their investment in bitcoin find it difficult to have good result in their investment. Bitcoin is a longterm investment and if you are so vigilant that means it will be so difficult for you to hodl bitcoin, for me I think it is better for one not to go into any investment that you are not sure about. What I expect from every bitcoin investors to invest with just the amount of money they can afford, bitcoin is not like altcoins one needs to be mindful of.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

Consistency in DCA method must not be everyday, but it must be some thing that needs to be done from time to time that is within your own power to afford bitcoin.

[laspol65]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

It is acceptable for everyone to buy Bitcoin DCA method weekly, but Bitcoin investment is useful enough according to the person's ability not daily to be self-sufficient.  I noticed it started buying bitcoins from November 2020, but I think it is capable of holding for a long time.  Because it is possible to hold Bitcoins depending on the situation, DCA method is the most convenient and easy to hold Bitcoins. 
A long-term Bitcoin investment can result in long-term sustainability, but the Bitcoin DCA method is most useful on a weekly basis, and Bitcoin purchases are within the discretion of holders.

[DubemIfedigbo001]

The digital world was not made or discoverd to overshadowed the whole world or the physical world. But It was created to work side by side or hand in hand to make the world a better place not a competitive place.

I love this piece, people wrongly tend to think that the emergence of bitcoin is aimed at displacing fiat or other transactional means locally available to a sets of people, but its far from that. Bitcoin is designed to coexist with other forms of transactional mediums. It just serves major purposes which is an investment opportunity and giving you a total ownership of your funds.

Believe it or not, there are some basic routines which you cannot do or is pointless doing with bitcoin, for example buying a tin of milk or paying for short distance transportation which you can easily pay for with fiat in order to fast track your activities.

Bitcoin has its own purposes in our economic activities as well as fiat and surely, with the right information available to people, it's obvious they can coexist.  Bitcoin and fiat also has a relationship in Bitcoin's high liquidity feature which enables the holder to convert it to fiat when necessary and you can also purchase bitcoin with fiat through P2P on exchanges. Fiat is not phasing out anytime soon, even as bitcoin adoption is increasing. So in all, both financial entities can coexist.

[CageMabok]

...

...

It is acceptable for everyone to buy Bitcoin DCA method weekly, but Bitcoin investment is useful enough according to the person's ability not daily to be self-sufficient.  I noticed it started buying bitcoins from November 2020, but I think it is capable of holding for a long time.  Because it is possible to hold Bitcoins depending on the situation, DCA method is the most convenient and easy to hold Bitcoins. 
A long-term Bitcoin investment can result in long-term sustainability, but the Bitcoin DCA method is most useful on a weekly basis, and Bitcoin purchases are within the discretion of holders.

Why do you only pay attention to Bitcoin purchases since 2020? In fact, Bitcoin itself has been traded for fifteen years until now and if you look at it as a whole from every Bitcoin purchase in the market, of course those who feel the most benefits are those who continue to buy and store it safely in their own wallets without having any thoughts of letting it go even though they themselves have seen more profits from the results of Bitcoin purchases so far. This means that in a case like this, everyone can or may use any method that they think is safe enough and comfortable enough without any burden whatsoever when they want to buy Bitcoin because the goal itself is to buy and store it for the long term without any plans to sell it in the near future.

[justinlamode]

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

It is acceptable for everyone to buy Bitcoin DCA method weekly, but Bitcoin investment is useful enough according to the person's ability not daily to be self-sufficient.  I noticed it started buying bitcoins from November 2020, but I think it is capable of holding for a long time.  Because it is possible to hold Bitcoins depending on the situation, DCA method is the most convenient and easy to hold Bitcoins. 
A long-term Bitcoin investment can result in long-term sustainability, but the Bitcoin DCA method is most useful on a weekly basis, and Bitcoin purchases are within the discretion of holders.

I think you are getting something wrong especially with the DCA method of Bitcoin accumulation. The DCA method is not a method used for holding Bitcoin but a method use for buying Bitcoin in such a manner that it is done regularly with smaller amount than the total budget for purchasing Bitcoin. You can put it that instead of buying at once with all the money you budget to buy Bitcoin, you can divide the funds into many parts and purchase one part at a time within a range you have decided for yourself. If the funds are not readily available but your cashflow is predictable like salary, then the DCA method can be applied.

It is important to understand that the DCA method is not the only method for buying Bitcoin even though it is one of the popular method. A lot of people seems to lean towards the DCA method because of the simplicity it has for all income classes as it gives everyone the sense of confidence and the feeling that they are doing the right thing.

Holding Bitcoin for a long time has little to do with the method used for buying them rather there are more important ingredients that makes it possible. Some of them is the provision of emergency funds that takes care of unplanned events that must be attended to and the idea of making investment with only discretionary income. These two factors will help the investor more with regards to holding Bitcoin for long.

[BitBakerr1]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

but the Bitcoin DCA method is most useful on a weekly basis,

You are wrong here the DCA strategy is not just useful for people who are accumulating weekly it is also useful for those accumulating monthly, there are people who receive there salary monthly and they can also use the DCA strategy and it will be so useful to them, in DCA strategy when ever you receive your salary is when you can accumulate be it weekly or monthly using your Discretionary income.
Or do you think those who are accumulating weekly accumulate more than those who are accumulating monthly if that's your thought then you are wrong what determine more accumulation is the amount and not day's you may be accumulate weekly using $50 then 4 weeks in a month gives you $200 and I can be accumulating monthly using $300 I'm still accumulating more than you do.

[JayJuanGee]

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.
It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan.  

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

It is acceptable for everyone to buy Bitcoin DCA method weekly, but Bitcoin investment is useful enough according to the person's ability not daily to be self-sufficient.  I noticed it started buying bitcoins from November 2020, but I think it is capable of holding for a long time.  Because it is possible to hold Bitcoins depending on the situation, DCA method is the most convenient and easy to hold Bitcoins.  
A long-term Bitcoin investment can result in long-term sustainability, but the Bitcoin DCA method is most useful on a weekly basis, and Bitcoin purchases are within the discretion of holders.

Why don't you talk in terms of your own experience rather than abstract concepts about how DCA is so  great blah blah blah...  Have you even started to buy bitcoin or are you just theorizing about it?    

[Furious 7]

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

You can only have a sense of vigilant in an investment which you don't trust and you think it is too risky for you. Most people who such mindset about their investment in bitcoin find it difficult to have good result in their investment. Bitcoin is a longterm investment and if you are so vigilant that means it will be so difficult for you to hodl bitcoin, for me I think it is better for one not to go into any investment that you are not sure about. What I expect from every bitcoin investors to invest with just the amount of money they can afford, bitcoin is not like altcoins one needs to be mindful of.

If that's what you think is best then do it but for me even though it's bitcoin and it still provides benefits for me to date I will still be aware of it because for me bitcoin is still a renewable technology so even though bitcoin is a thing that is indeed very worthy of being a risk aspect but when talking about vigilance for some things it becomes important because we cannot see from one side.

I know that maybe not everyone can accept opinions like this and indeed it is also not for others because I am talking about myself because I consider all forms that have risks we still have to be able to digest from several sides so that we stay awake and that is as a form of our defensive.
I am still doing it in bitcoin so far even it has been a few years which makes me also realize that bitcoin is indeed very worth it but that does not mean we like to deify bitcoin because we fully believe in it because for me it is too exaggerated.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

Consistency in DCA method must not be everyday, but it must be some thing that needs to be done from time to time that is within your own power to afford bitcoin.

As I said before, if you can do it every day then do it to invest but I realize with the financial condition that I have and I can't do it every day so it's not wrong to do it with other options and I choose weekly for the purchases that I make.
We must realize that buying daily with a certain amount for some people will be very burdensome so instead of doing that by torturing yourself and ending up with inconsistency, it is better to look for other options for purchases because talking about investment and purchases in DCA we are not only focusing on buying but we must think about whether our financial management is in accordance with the income we have.

Buying every day is good and I really appreciate that but if we are not able to be consistent for daily purchases, why force the will that we cannot do because it will actually make you left and make the investment you make will not be optimal.

[ginsan]

Good investment of course with good planning, don't be too selfish and don't push yourself too hard. Long-term investment is not a short time where we will go through year after year in the planned investment target. So weekly purchases are more appropriate because slowly we will also achieve satisfaction at some point.

It's useless to force yourself, because if you are not ready then you are at a more difficult stage in managing your cash flow management, then you will relatively make mistakes.
Forcing yourself means where the excessive investment budget adjustments so that it will not be able to keep up with daily living needs.

I prefer to call bitcoin investment a relaxed investment without pressure and without anyone's encouragement, so all decisions are in our hands. Buy with a budget that can be invested and do not force yourself to act because it will make you even less prepared if your economy declines in the next 3 months.

What about the long-term planning strategy, of course we only need a passive cash flow every month and can adjust a few percent to be invested, have the will to continue buying and eliminate the desire to take profit in the near future. In terms of focus, it is certainly better with weekly bitcoin accumulation and in terms of mentality, of course, we already have a strong mentality because we have gone through several sharp decline cycles. Of course, we realize that bitcoin investment is a better hedge for the future.

[Mayor of ogba]

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation,will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

Before you start accumulating bitcoin, I believe you have a target of the amount of bitcoin you want to accumulate and how long you want to hold your bitcoin, so I believe you will not be in a rush to sell your bitcoin when you are still in your accumulation stage. Bitcoin is not quick to get rich soon, so you need to hold your bitcoin for at least 4 years before you can even think about selling it. As far as bitcoin investment is concerned, if you are able to accumulate more than what you wanted to accumulate at the beginning of your investment, it is a good achievement for you because it would put you in the position of getting a huge profit from your bitcoin investment if you hold it for a long time. We are not accumulating bitcoin with the intention of selling it in this present bull run, and this is not the last bull run to come; there are so many bull runs that are yet to come, so we have a lot of opportunities to sell our bitcoin in any of the bull runs that would come in the future. One good thing you must know about bitcoin investment is that if you hold your bitcoin from now till the next 4 years, you will be in amazing profit when you make up your mind to sell your bitcoin because the price of bitcoin in the next 4 years will be higher than the price of bitcoin now.

[Agbamoni]

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation, will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

No one is against the idea of selling though but in this thread, we are focused on suitable ways to accumulate Bitcoin so that we can hit our targets. If you are comfortable with what you are holding and the price you want to sell, then you can sell.

In the meantime, I want to go against what you said about too much accumulation. There is nothing like too much accumulation if you have invested more than your target there is nothing wrong with that. Some people go as far as setting another investment goal after reaching the first one because the more profitable you will become if you have enough Bitcoin in your portfolio when the time for withdrawal has reached. Unless an investor wants to diversify into another asset there is nothing wrong if he keeps accumulating Bitcoin when he is not ready to sell yet.

[Samlucky O]

Snip

Snip

but the Bitcoin DCA method is most useful on a weekly basis,

You are wrong here the DCA strategy is not just useful for people who are accumulating weekly it is also useful for those accumulating monthly, there are people who receive there salary monthly and they can also use the DCA strategy and it will be so useful to them, in DCA strategy when ever you receive your salary is when you can accumulate be it weekly or monthly using your Discretionary income.

You both are right. Surely Bitcoin investment could be done weekly or monthly no problem. But the most important thing is having a discretion fund to invest in the intervals you plan to regularly invest without missing out or slacking. @BitBakerr1 in your last paragraph you seems to be describing investing monthly DCA to be salary investment in my own understand but don't forget that you must invest from your discretion. If a person is working and his investing monthly does mean your salary becomes your discretion. You must develop the attitude of  having a discretion to enable you invest at you appointed time. Because surely there are times when salary don't come as it ought to come and that will delay your investment if you don't have discretion. Don't think about salary but rather think of discretion.

Or do you think those who are accumulating weekly accumulate more than those who are accumulating monthly if that's your thought then you are wrong what determine more accumulation is the amount and not day's you may be accumulate weekly using $50 then 4 weeks in a month gives you $200 and I can be accumulating monthly using $300 I'm still accumulating more than you do.

Actually accumulating weekly does not mean that such investor is accumulating more than the monthly DCA investor, even though surely weekly DCA is very important compared to monthly DCA, but what matters is the amount invested consistently over a long period of time, thereby increasing the Bitcoin portfolio. And being able to HODL without selling too quickly.

[GiftedMAN]

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation, will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

No one is against the idea of selling though but in this thread, we are focused on suitable ways to accumulate Bitcoin so that we can hit our targets. If you are comfortable with what you are holding and the price you want to sell, then you can sell.

In the meantime, I want to go against what you said about too much accumulation. There is nothing like too much accumulation if you have invested more than your target there is nothing wrong with that. Some people go as far as setting another investment goal after reaching the first one because the more profitable you will become if you have enough Bitcoin in your portfolio when the time for withdrawal has reached. Unless an investor wants to diversify into another asset there is nothing wrong if he keeps accumulating Bitcoin when he is not ready to sell yet.

I think @OfficialGratejoy needs to understand the essence of this thread so that he will not be misunderstood by everyone here, how long have you been buying Bitcoin for you to think you as re having too much as accumulation, well do not be misled by social media platforms you can keep acquiring and holding Bitcoin for as long as you what to there's nothing like too mush accumulation but if you think with what you have accumulated you have enough money to acquire you all the good things in life even for your next generation you can stop holding and sell off your Bitcoin but I hope you don't regret your actions when you see people buying Irelands without going broke. If you must sell your Bitcoin you should consider taking from your profit but don't let it affect what you have acquired this will help you to keep buying know that the profit is what you used to take care of little financial issues.

[JayJuanGee]

Good investment of course with good planning, don't be too selfish and don't push yourself too hard. Long-term investment is not a short time where we will go through year after year in the planned investment target. So weekly purchases are more appropriate because slowly we will also achieve satisfaction at some point.

It's useless to force yourself, because if you are not ready then you are at a more difficult stage in managing your cash flow management, then you will relatively make mistakes.
Forcing yourself means where the excessive investment budget adjustments so that it will not be able to keep up with daily living needs.

I prefer to call bitcoin investment a relaxed investment without pressure and without anyone's encouragement, so all decisions are in our hands. Buy with a budget that can be invested and do not force yourself to act because it will make you even less prepared if your economy declines in the next 3 months.

We can never know what is going to happen, so surely we have to set up systems to control the areas that we are able to control, which mostly relate to our own personal budgets and psychology, so there are ways to invest in bitcoin as aggressively as we are able to do without going overboard, and each of us has to find those kinds of balances for ourselves, and surely I am not even saying it is easy.  Several times in my first whole cycle of accumulating bitcoin I was told to sell some bitcoin or to make more cash available and various proclamations that were suggesting from the perspectives of others that I was overdoing my bitcoin investment, yet at the same time, I found balance for myself, even though surely when people are telling you to do different things it can sometimes be difficult to manage those kinds of communications and to figure out the extent to consider them.. including that there also can be periods of having doubt over our level of aggressiveness.. .so no one can answer for another, even if sometimes we may have interactions with people in the real world who might be trying to influence us away from investing into bitcoin.

What about the long-term planning strategy, of course we only need a passive cash flow every month and can adjust a few percent to be invested, have the will to continue buying and eliminate the desire to take profit in the near future. In terms of focus, it is certainly better with weekly bitcoin accumulation and in terms of mentality, of course, we already have a strong mentality because we have gone through several sharp decline cycles. Of course, we realize that bitcoin investment is a better hedge for the future.

Even though our profits in bitcoin are not guaranteed, there still can end up being some fun to develop various systems and to be able to see how we progress in our investment over a cycle or two or more.

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation,will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

Before you start accumulating bitcoin, I believe you have a target of the amount of bitcoin you want to accumulate and how long you want to hold your bitcoin, so I believe you will not be in a rush to sell your bitcoin when you are still in your accumulation stage. Bitcoin is not quick to get rich soon, so you need to hold your bitcoin for at least 4 years before you can even think about selling it. As far as bitcoin investment is concerned, if you are able to accumulate more than what you wanted to accumulate at the beginning of your investment, it is a good achievement for you because it would put you in the position of getting a huge profit from your bitcoin investment if you hold it for a long time. We are not accumulating bitcoin with the intention of selling it in this present bull run, and this is not the last bull run to come; there are so many bull runs that are yet to come, so we have a lot of opportunities to sell our bitcoin in any of the bull runs that would come in the future. One good thing you must know about bitcoin investment is that if you hold your bitcoin from now till the next 4 years, you will be in amazing profit when you make up your mind to sell your bitcoin because the price of bitcoin in the next 4 years will be higher than the price of bitcoin now.

I doubt that there is any need to be super-specific in regards to our BTC accumulation targets, especially when we are in our earliest stages of accumulating bitcoin.  Sure we may well have plans to accumulate as much bitcoin as we can for the next 4-10 years or longer, and we might have some outlines in regards to where we want to get.. so for example, we might want to have a goal of accumulating 10 years or more of our needed income at the time that we might be ready to live off of our bitcoin.. so we might not even plan to sell our bitcoin, but we are accumulating our bitcoin so that our bitcoin will give us more options, including ways to engage in sustainable withdrawal practices, yet we cannot really figure out our BTC sustainable withdrawal practices prior to getting to a position where we might becoming close to reaching some of our target accumulation  levels (or target wealth status levels)..

To me, planning to accumulate bitcoin in order to sell it all seems like trading rather than investing, but hey there might be nothing wrong with coming to bitcoin with an idea of selling it all down the road, yet if we spend time accumulating bitcoin and studying bitcoin, we may well come to realize that selling our bitcoin is not really any kind of a great plan... yet each of us has to figure out how to deal with our bitcoin once we get to a position that we might be consider to have enough BTC or more than enough BTC.

[ThemePen]

It's not just all about buying bitcoins and accumulating them,also know  when to sell,Because too much accumulation, will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

No one is against the idea of selling though but in this thread, we are focused on suitable ways to accumulate Bitcoin so that we can hit our targets. If you are comfortable with what you are holding and the price you want to sell, then you can sell.

In the meantime, I want to go against what you said about too much accumulation. There is nothing like too much accumulation if you have invested more than your target there is nothing wrong with that. Some people go as far as setting another investment goal after reaching the first one because the more profitable you will become if you have enough Bitcoin in your portfolio when the time for withdrawal has reached. Unless an investor wants to diversify into another asset there is nothing wrong if he keeps accumulating Bitcoin when he is not ready to sell yet.

Exactly main topic of this conversation is to find smart ways to buy and collect Bitcoin to reach our investment goals. While deciding to sell is personal choice that depends on each person financial goals and how comfortable they feel collecting Bitcoin can be good way to invest for long term. There is no such thing as collecting too much Bitcoin especially if you have already reached your first investment goal. Actually continuing to collect Bitcoin can lead to making more money in long run as long as you have clear and well thought out investment plan.

[Mayor of ogba]

To my own knowledge only beginners who are new in the crypto market panic on when to sell there bitcoin,no matter the shake in the crypto market,big investors who knows what they are doing in crypto market keep on buying bitcoin with confidence,because they already know the slogan of bitcoin high risk high return.

Trying to teach others when you should be the one learning from this thread and other threads in the forum will only make you have a wrong impression about bitcoin because you don't want to calm down and learn. If newbies decide to invest in bitcoin for the long term and they use the money they will not need for 4-10 years or more and invest in bitcoin, if there is a dump in the market, they will not be bothered by it; they will just keep accumulating their bitcoin consistently since they don't use the money they will need urgently and invest in bitcoin.

[Lembo69]

An investor always wants to earn a good profit. For this, he always looks for alternatives, some invest weekly, some monthly and even annually. But the more he can hold, the more he will profit. An investor should plan for the future and invest, because no action is good in a hurry. Hasty actions are more likely to be profitable than profitable. If someone invests for a long time, then he has a high chance of earning a good profit, but if someone's financial condition is not good, he can earn profit even in short-term expenses when the market is good.

[bitzizzix]

To my own knowledge only beginners who are new in the crypto market panic on when to sell there bitcoin,no matter the shake in the crypto market,big investors who knows what they are doing in crypto market keep on buying bitcoin with confidence,because they already know the slogan of bitcoin high risk high return.

Trying to teach others when you should be the one learning from this thread and other threads in the forum will only make you have a wrong impression about bitcoin because you don't want to calm down and learn. If newbies decide to invest in bitcoin for the long term and they use the money they will not need for 4-10 years or more and invest in bitcoin, if there is a dump in the market, they will not be bothered by it; they will just keep accumulating their bitcoin consistently since they don't use the money they will need urgently and invest in bitcoin.

In my opinion, this topic is a place for beginners and seniors to learn and teach each other, and if beginners can read well and are not lazy to read, they will definitely know the best way to profit from Bitcoin without panicking and worrying and knowing how to overcome it.

And besides that, the best way to profit from Bitcoin is to treat it in the long term with strong confidence and also strong patience in doing so, and also have to use money that they can afford if they experience losses by making purchases routinely consistently over a very long period of time 5-10 years I think everything will be fine and will definitely be profitable. So beginners will be fine if they know the best way to profit and also have strong confidence and patience when doing it.

[Proty]

To me, planning to accumulate bitcoin in order to sell it all seems like trading rather than investing, but they there might be nothing wrong with coming to bitcoin with g it all down the road, yet if we spend time accumulating bitcoin and studying bitcoin, we may well come to realize that selling our bitcoin is not really any kind of a great plan... yet each of us has to figure out how to deal with our bitcoin once we get to a position that we might be consider to have enough BTC or more than enough BTC.

Accumulating bitcoin and selling it all off doesn't really make sense at all. Even if an investor has accumulated as much bitcoin in such a way that his bitcoin investment can be able to sustain him that he does not needs to bother himself with work, it will be very wrong for an investor to sell off all his bitcoin and become a no coiner unless if the investor has few days or week to live. So instead selling off all our bitcoin and become a no coiner, which is also more like trading, it will be best to withdraw from the yielded interest once we have accumulated more than enough bitcoin instead of selling all our coin.