Buy the DIP, and HODL!

[Justbillywitt]

Bitcoin for sure will test the patience of its holders. Over the years those who benefited from the price hikes are those who were patient enough to overlook the emotional gamble the market played on the minds of Bitcoin holders.  For the smart ones the dipper it goes the better the buying power. It's about how many Bitcoin you able to accumulate not the current price because the more bitcoin owned the more profit made during bull run.

In the midst of the high price volatility that occurs in bitcoin, of course this will be the toughest test for investors to continue holding their bitcoin longer. Because quite a lot of bitcoin investors suffer losses due to the volatility of the bitcoin market and end up selling their bitcoins too early.

I won't consider such people as investors, it's best to see them as traders. How much correction did we see in the market that will make a long term investors to hurriedly sell his bitcoin holdings? And such people will come out here and consider himself as a long term holder. It's really laughable. This is nothing compared to the crash that happened few years ago when bitcoin dropped from $68k thereabouts to $16k. Yet people held their bitcoin. When we say long term hold, do they actually think it's going to be a smooth journey all through the period of holding? There's definitely going to be times like this to shake of weak hands and liquidate gamblers. If little market correction as this shakes you to sell your bitcoin, don't even consider yourself as a long term investors. More and more corrections will keep happening in the market as time goes on, so let's brace up.

So in this case all aspects related to the smooth running of Bitcoin investment must be strengthened, one of which is our patience. Because without strong patience, of course, when the bitcoin market is turbulent, our mentality will falter and finally we decide to sell the bitcoin assets. As is currently happening, bitcoin fell quite deeply yesterday and today. There may be several reasons why Bitcoin experienced this decline. However, whatever news comes to us related to bitcoin (negative), we should not be shaken and must remain strong with the bitcoin hodl that we are currently running. But if we look at the drastic decline that is currently occurring in Bitcoin, it is clear that there are still many Bitcoin investors who are panicking and selling their Bitcoin until finally Bitcoin experiences a deeper decline. Well, this is what we really have to realize, that there is no need to panic when there is negative news about bitcoin, because basically bitcoin will not be easy to bring down. So stay patient and think positively when dealing with situations like now and not panic.

The truth remains that core bitcoin believers, will see opportunity in times like this instead of joining them newbies and panic. What exactly haven't we seen in the market before? What are we still going to see in the market that will be new to us again? There was a time when bitcoin dropped to $3k during the COVID -19 outbreak. But look at where we are today. If you can't have patience with bitcoin investment and have the ability of seeing the bright future that awaits bitcoin, you will always end up panicking and having unnecessary blood pressure whenever there's market correction.

[Wind_FURY]

Last month if someone posted that Bitcoin will have a mini-crash below $90,000, I believe everyone in the topic would be telling him that he/she is laughable and stupid.



But it's here! The discount that everyone has been waiting for. Is this an August 2024 reminder? 👀

Does anyone believe that Chad Saylor will get a margin call? - I don't. His cost-basis is $67,000 according to some X posts. This is probably the easiest Buy The DIP opportunity.

CZ also predicted the dip we see just like a charm.

5 years went by, and he guessed the prices almost correctly - mad luck and mad opportunity for us, indeed 

I saw that on X re-posted.

People would call it a lucky prediction. It might look like dumb luck for normies. But what it actually was is simply wisdom and experience for being exposed in the market everyday. Than man owned one of the most successful businesses in the cryptocurrency industry. I don't know why there are users that would listen to random people who would disparage a person that has more wisdom and experience in cryptocurrencies.

[MissNonFall9]

we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.

The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.

You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.

[Tmoonz]

we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.

The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.

You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, ]so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.

It has been said repeatedly and I believe it also worth reminding which can not be overly emphasis for it tremendous benefit are immeasurable towards a successful Bitcoin investment and that's emergency funds, by definition it is meant to be 3 to 6 months worth of our expenses, but while we are accumulating our Bitcoin we can be working towards this direction, the emergency funds is very much important as it will safeguard your investment in the time of emergency which we don't know when it will happen and to what extend, that is while the DCA strategy will allow you to be buying Bitcoin at the time working on your self in various ways of ensuring the good governance of your investment over a long term. The emergency funds is for everybody and not just for low income group as you said, since anyone can come in within their own level of discretionary income and aggressiveness.

[Gost ms]

The current situation is a stage where some short-term investors will sell their holdings at a loss, and all other long-term investors will buy more Bitcoin. Those who sell holdings now will regret it in the future, and those who buy more Bitcoin now will benefit more in the future. So overall, in this state of Bitcoin, which kind of decisions you take, that kind of result you will get in the future. I hope that everyone who knows Bitcoin, and believes in Bitcoin completely, will make positive decisions. And buy more bitcoins at this dump.

Success in Bitcoin depends on your patience and holding. Currently the Bitcoin market is down, it is not a matter of panic but it is normal. Those who plan to hold for a long time will not panic, instead they see it as an opportunity to buy at a lower price. Now talking about short term holders, those who wanted to take profit in Bulran in 2025 will think bear market has started, so they may panic and sell. Today, Bitcoin fell to $86k, a good opportunity to buy the dip. Currently the best decision is to buy and hold Bitcoin. I am not focusing on the market at this time, I am looking to the future.

Bitcoin for sure will test the patience of its holders. Over the years those who benefited from the price hikes are those who were patient enough to overlook the emotional gamble the market played on the minds of Bitcoin holders.  For the smart ones the dipper it goes the better the buying power. It's about how many Bitcoin you able to accumulate not the current price because the more bitcoin owned the more profit made during bull run.

At present, those who do not believe in Bitcoin will sell Bitcoin. Those who believe in Bitcoin will buy more aggressively. Because those who make long-term investments will never miss this time. Because they believe that Bitcoin will increase a lot more. Those who cannot buy Bitcoin at this time may regret it a lot after 6-7 months from today. So instead of short-term investments, try to invest in the long term. For example, try to keep the investment period up to 6-10 years.

[Deegodstime]

Those that kept asking is it too late to buy bitcoin during $100k now bitcoin has given you guys the chance to buy at cheap rate , which is the range of $83k don’t think is going to spend time there this dip is just a for a short period of time , and it’s not gonna take long for bitcoin to recover back , before bitcoin created a new ATH during the year 2022 bitcoin experience a massive dip , and a lot people thought bitcoin is goner while those that understand bitcoin kept on buying and after bitcoin created a new ATH around $109k , I pity those that going to sell their btc now , while is still early to accumulate more ( long term is the goal).

This is the perfect time for investing for those that want to invest now that dip is still active. After the investment, one must be willing to wait because Bitcoins current situation now is not conducive for short term investment, the way things are going it might come down more before raising. Investor should invest with HODL on there mind to avoid losing

[Barikui1]

Last month if someone posted that Bitcoin will have a mini-crash below $90,000, I believe everyone in the topic would be telling him that he/she is laughable and stupid.



But it's here! The discount that everyone has been waiting for. Is this an August 2024 reminder? 👀

Does anyone believe that Chad Saylor will get a margin call? - I don't. His cost-basis is $67,000 according to some X posts. This is probably the easiest Buy The DIP opportunity.

CZ also predicted the dip we see just like a charm.

5 years went by, and he guessed the prices almost correctly - mad luck and mad opportunity for us, indeed  

I saw that on X re-posted.

People would call it a lucky prediction. It might look like dumb luck for normies. But what it actually was is simply wisdom and experience for being exposed in the market everyday. Than man owned one of the most successful businesses in the cryptocurrency industry. I don't know why there are users that would listen to random people who would disparage a person that has more wisdom and experience in cryptocurrencies.

coincidence?
or, he is a whale controlling the support-resistance walls to manipulate the price to get to ranges he wants to see

Their is no coincidence about this sir, you have actually said it all, and I share the same sentiment as you, is either he is one of the whale manipulating the value of Bitcoin in key areas like support or resistance just as you have rightfully said, or their is a network/group of whale he  knows,  that normally does that, that's why it's this perfect.
We should not forget that these guys are the ones that dictate the movement of all this alt and meme coin, so if they come together and invest heavily or withdraw a lot of money in these key areas, their is a higher probability that they can dictate the next movement of the market by their actions, so I don't buy that idea of a coincidence, it's a well structured plan that was executed nicely.

These are my exact words about this yesterday, and I am sticking to my words because their is no two ways about this, or are we trying to say that CZ is now a seer?
Yes, it's true that they understand the market better than most of us but here, we are only investors not traders, but these are the guys that has what it takes to move the market in their favour in a short period of time, and they can only do that when the price of Bitcoin gets to a key zone, either a support or a resistance, so I really don't buy the idea that he has become a seer overnight.

[Zackz5000]

we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.

The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.

You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.

What are you even talking about should we keep repeating ourselves here? You are beginning to sound like a trader you will even more rest of mind if you are investing for a longer time, you can gradually be accumulating Bitcoin from your discretionary income using the DCA strategy to purchase bitcoin either weekly or monthly you must not be very rich before you can invest for a longer time, just as Tmoozn has said while accumulating bitcoin you can be working towards sorting out your emergency fund and all the rest of it instead of waiting to fixed them out before accumulating Bitcoin.

[Ricardo11]

The current situation is a stage where some short-term investors will sell their holdings at a loss, and all other long-term investors will buy more Bitcoin. Those who sell holdings now will regret it in the future, and those who buy more Bitcoin now will benefit more in the future. So overall, in this state of Bitcoin, which kind of decisions you take, that kind of result you will get in the future. I hope that everyone who knows Bitcoin, and believes in Bitcoin completely, will make positive decisions. And buy more bitcoins at this dump.

Success in Bitcoin depends on your patience and holding. Currently the Bitcoin market is down, it is not a matter of panic but it is normal. Those who plan to hold for a long time will not panic, instead they see it as an opportunity to buy at a lower price. Now talking about short term holders, those who wanted to take profit in Bulran in 2025 will think bear market has started, so they may panic and sell. Today, Bitcoin fell to $86k, a good opportunity to buy the dip. Currently the best decision is to buy and hold Bitcoin. I am not focusing on the market at this time, I am looking to the future.

Bitcoin for sure will test the patience of its holders. Over the years those who benefited from the price hikes are those who were patient enough to overlook the emotional gamble the market played on the minds of Bitcoin holders.  For the smart ones the dipper it goes the better the buying power. It's about how many Bitcoin you able to accumulate not the current price because the more bitcoin owned the more profit made during bull run.

At present, those who do not believe in Bitcoin will sell Bitcoin. Those who believe in Bitcoin will buy more aggressively. Because those who make long-term investments will never miss this time. Because they believe that Bitcoin will increase a lot more. Those who cannot buy Bitcoin at this time may regret it a lot after 6-7 months from today. So instead of short-term investments, try to invest in the long term. For example, try to keep the investment period up to 6-10 years.

Actually, if you do not hold Bitcoin for a long time, the chances of getting anything good are very low. And the only reason for this is that Bitcoin is a long-term currency, and its price trend is upward in the long term. So those who invest with a short-term perspective, most of the time do not get the results they expected. So all those investors who are selling their holdings due to doubts about Bitcoin are going to miss out on a lot of big opportunities in the future. So when it comes to Bitcoin investment, you must invest with a long-term perspective, only then will the chances of good success be highest.

[hero_the_bossman]

Actually, if you do not hold Bitcoin for a long time, the chances of getting anything good are very low. And the only reason for this is that Bitcoin is a long-term currency, and its price trend is upward in the long term. So those who invest with a short-term perspective, most of the time do not get the results they expected. So all those investors who are selling their holdings due to doubts about Bitcoin are going to miss out on a lot of big opportunities in the future. So when it comes to Bitcoin investment, you must invest with a long-term perspective, only then will the chances of good success be highest.

Soft hands exist so that those willing to believe are able to get their boons at last.
That's why we continue to hodl while others may panic sell 

[CageMabok]

...

Soft hands exist so that those willing to believe are able to get their boons at last.
That's why we continue to hodl while others may panic sell 

Those who panic sell are people who do not have the ability to hold Bitcoin and such people will also not be able to keep other assets for a long time for themselves because their own character is still not good enough to be a holder or investor in the best assets and also in Bitcoin. We need to salute those who have soft hands and those who continue to buy Bitcoin at this time with the extraordinary abilities they already have. Because people like that are the ones who are able to provide resilience to the price of Bitcoin and also to the value of Bitcoin itself in front of the public.

[She shining]

Those who panic sell are people who do not have the ability to hold Bitcoin and such people will also not be able to keep other assets for a long time for themselves because their own character is still not good enough to be a holder or investor in the best assets and also in Bitcoin. We need to salute those who have soft hands and those who continue to buy Bitcoin at this time with the extraordinary abilities they already have. Because people like that are the ones who are able to provide resilience to the price of Bitcoin and also to the value of Bitcoin itself in front of the public.

I think you meant strong hands. Yes they help in the resilience of Bitcoin. But they are doing it because buying the dip has never disappointed them. Not to mention getting Bitcoin this cheap. Who would let such an opportunity slide (scaredys still wouldn't). One thing is to scream Buy the dip. The other is to take it as an action.
I never expected I could get Bitcoin less than $90K now this is an opportunity for me.

[Rustam Meraj]

Actually, to get the momentum to buy bitcoin at the lowest price, of course, by buying it regularly or with the DCA strategy. We buy every week so there is always an opportunity to accumulate bitcoin when the price is being corrected as has happened in the past two days.

I don't understand why some of them think they are too late when they are not at all. Because buying today is better than delaying. Most of them do not understand how to invest properly so there is no accuracy in their own principles to start when.

However, the price of bitcoin will go down and correct and will also go up without us realizing it because the market moves 24 hours non-stop. There are always sellers and there are always buyers, bitcoin dominance has grown quite well, this indicates an increase in novice investors in the past year.

This way of investing helps to reduce risks and lets investors buy more Bitcoin when price goes down. It is surprising that some from us think it is too late to buy Bitcoin when actually buying now is better than waiting. Many investors do not really understand how to invest well so they are not sure when to start so best way is only DCA method. As you said Bitcoin market is very unpredictable with prices changing all time. There are always people buying and selling which keeps market moving and Bitcoin growing popularity shows that more new investors are joining in over past year.

[Litzki1990]

Last month if someone posted that Bitcoin will have a mini-crash below $90,000, I believe everyone in the topic would be telling him that he/she is laughable and stupid.

Anyone who has been long into Bitcoin will understand that variable factors constituting Bitcoin volatility is not controlled by any one hence making Bitcoin a speculative asset which of course anyone is at liberty to speculate or predict Bitcoin moves, the market has been made to be bullish or bearish and to what extend one may occur can never be certain, honestly there is no stupidity or anything laughable if someone has posted that Bitcoin will have a mini- crash below $90k last month if only we agree that Bitcoin is volatile.

I think no one can really control the bitcoin market but if a big company in the market buys bitcoins with a lot of money or sells a lot of bitcoins then maybe we can see some variation in the price. Bitcoin is one of the most reliable digital currencies in the crypto market that is commonly invested by investors. There are many coins in the market but those coins are not discussed much but Bitcoin is discussed. Bitcoin is a digital currency that changes in the value of the currency causes the value of all other coins in the market to change. If those who have been involved in investing for a long time are asked which coin do you always prefer to invest in, I think every investor will answer without hesitation that they are most comfortable investing in Bitcoin. 

I am a bitcoin investor myself and have been investing in bitcoin for a long time so I have a fair understanding of the bitcoin market and am really glad to have such an investment platform.

[bestcandy]

Last month if someone posted that Bitcoin will have a mini-crash below $90,000, I believe everyone in the topic would be telling him that he/she is laughable and stupid.



But it's here! The discount that everyone has been waiting for. Is this an August 2024 reminder? 👀

Does anyone believe that Chad Saylor will get a margin call? - I don't. His cost-basis is $67,000 according to some X posts. This is probably the easiest Buy The DIP opportunity.

CZ also predicted the dip we see just like a charm.

5 years went by, and he guessed the prices almost correctly - mad luck and mad opportunity for us, indeed 

I don't think if someone that might have predicted that Bitcoin would crash below $90k would be seen as a stupid person by anyone because Bitcoin is a volatile investment that is subjected to rise and fall in price and besides, this is not the first time that the the price of Bitcoin is crashing. However, Bitcoin has a unique future potential and I believe that the price will still appreciate above $100k before the end of April 2025.

[JayJuanGee]

we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.

The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.

You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.

I doubt that the proper framing is caution, even though cashflow management remains important for people who might not be in the practice of investing, so the practice of putting together backup funds helps to contribute to both the cashflow management and the possibilities that various mistakes are made from time to time in terms of calculating and/or projecting your income and/or your expenses.  

Each of us is ONLY able to be aggressive in our accumulation of bitcoin after we have established our various back up funds and to strengthen our cashflow management, so the caution is not necessarily related to the  investment but instead just making sure that we are investing rather than gambling.. because if we  fail/refuse to adequately strengthen our cashflow management and  to build up our  back up funds, then we are ending up taking  too many chances.  And, surely many times, several of us have emphasized that neither  the back up fund nor the strong cashflow need to be in place before starting to invest  into bitcoin.. and so we can build up al three of these at once, the bitcoin investment, the  back up funds and the strengthening of cashflow management practices.  That is not necessarily needing  caution, but instead needing some attention to making  assurances that we are investing into bitcoin and building up our back up funds from discretionary income rather than using  money that we actually need for our expenses.  

The amount of value that we put into bitcoin should  be money that we are not going to need for 4-10 years or longer, and sure it is possible that we might need the money that we put into our back up funds at various periods of time, yet we should also be wanting to build an emergency fund that has a minimum of 4  3 months of our expenses and in which we would likely not be tapping into such emergency funds absent an actual emergency related to loss of income and/or increase in expenses that were beyond our expectations.

[GIF-JOBS]

Actually, to get the momentum to buy bitcoin at the lowest price, of course, by buying it regularly or with the DCA strategy. We buy every week so there is always an opportunity to accumulate bitcoin when the price is being corrected as has happened in the past two days.

I don't understand why some of them think they are too late when they are not at all. Because buying today is better than delaying. Most of them do not understand how to invest properly so there is no accuracy in their own principles to start when.

However, the price of bitcoin will go down and correct and will also go up without us realizing it because the market moves 24 hours non-stop. There are always sellers and there are always buyers, bitcoin dominance has grown quite well, this indicates an increase in novice investors in the past year.

This way of investing helps to reduce risks and lets investors buy more Bitcoin when price goes down. It is surprising that some from us think it is too late to buy Bitcoin when actually buying now is better than waiting. Many investors do not really understand how to invest well so they are not sure when to start so best way is only DCA method. As you said Bitcoin market is very unpredictable with prices changing all time. There are always people buying and selling which keeps market moving and Bitcoin growing popularity shows that more new investors are joining in over past year.

In fact, those who are always confused about the right time to invest, they never find the right time. There is always confusion in them, they overthink the price, they always have these things in their mind that, "What if the price drops further after I invest, and if it never pump again, then what will happen?", In fact, their such thoughts are very baseless and unnecessary, Bitcoin is a long-term asset, so Bitcoin will grow in the long term, there is no need to worry about how much it fluctuates in the short term. Bitcoin will lay a big foundation on the economy in the future, and it will be accepted in every country, overall Bitcoin has a very bright future. So hold it for the long term, it will become huge in the future.

[Shadiq]

In fact, those who are always confused about the right time to invest, they never find the right time. There is always confusion in them, they overthink the price, they always have these things in their mind that, "What if the price drops further after I invest, and if it never pump again, then what will happen?", In fact, their such thoughts are very baseless and unnecessary, Bitcoin is a long-term asset, so Bitcoin will grow in the long term, there is no need to worry about how much it fluctuates in the short term. Bitcoin will lay a big foundation on the economy in the future, and it will be accepted in every country, overall Bitcoin has a very bright future. So hold it for the long term, it will become huge in the future.

Yes, you are right, there is no specific time to invest in Bitcoin. Although Bitcoin is volatile in the short term, I consider Bitcoin stable in the long term. Because compared to the amount that Bitcoin's price will increase in the long term, a slightly volatile market price will not have much impact on your investment. Even if Bitcoin fluctuates in the short term, its price is upward in the long term. It would be best for an investor to focus on buying in a long-term plan rather than paying attention to short-term fluctuations.

You can call those who are confused about the right time to invest a trader. The main skill of a trader is to buy at the right time and sell at the right time. It is natural for him to be confused about the right time to buy and sell. If he cannot buy and sell at the right time, he has to face losses. That is, his money is always at risk.

Now you have to make it clear from your position whether you will be an investor or a trader struggling with risk. From my position I would prefer to be an investor. All an investor has to do is buy and hold for the long term. As a trader you don't have to struggle with the market and the risk, all you have to do is struggle with yourself during the negative market times and survive in the investment.

[Moreno233]

...

Soft hands exist so that those willing to believe are able to get their boons at last.
That's why we continue to hodl while others may panic sell 

Those who panic sell are people who do not have the ability to hold Bitcoin and such people will also not be able to keep other assets for a long time for themselves because their own character is still not good enough to be a holder or investor in the best assets and also in Bitcoin. We need to salute those who have soft hands and those who continue to buy Bitcoin at this time with the extraordinary abilities they already have. Because people like that are the ones who are able to provide resilience to the price of Bitcoin and also to the value of Bitcoin itself in front of the public.

Anyone who saw or heard about Bitcoin rising from $26k in 2023 to over $100k and now decide to panic and become afraid in 2025 when Bitcoin retraces to $85k is definitely confused and does not know jack about what he is doing or what he wants. I have stopped bothering myself convincing anyone to HODL because buy now there is hardly anyone ignorant of the fact that Bitcoin have come to stay and not going away anytime soon. Look at the growing interest by different governments, look at the commitments of big capitals like MicroStrategy, that should convince anyone that Bitcoin have an amazing future. Therefore, rather than becoming afraid of the drop in price, it should be seen as an opportunity to collect more cheap Bitcoin and add to our Portfolio.

[Gallar]

we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.

The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.

You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.

What are you even talking about should we keep repeating ourselves here? You are beginning to sound like a trader you will even more rest of mind if you are investing for a longer time, you can gradually be accumulating Bitcoin from your discretionary income using the DCA strategy to purchase bitcoin either weekly or monthly you must not be very rich before you can invest for a longer time, just as Tmoozn has said while accumulating bitcoin you can be working towards sorting out your emergency fund and all the rest of it instead of waiting to fixed them out before accumulating Bitcoin.

Starting to invest in bitcoin is simple, so there's no need to be complicated to explain it. Because basically if someone has money and the money will not be used for a long time, then it could be said that the money can be invested in bitcoin. But if, for example, we don't have cold money yet, yes, don't invest in Bitcoin yet, because of course the investment you are going to make will definitely fail along the way. So simply put like this, if you are a person from a lower middle class economy, I think doing DCA once a month is quite appropriate. Because if you do DCA once a week or once every 2 weeks, I think it will be less effective for people whose economic status is lower to middle class. So doing DCA in my opinion is the right thing. Apart from that, never be discouraged just because you come from a lower middle class family. Because I am sure that if you can consistently carry out DCA on Bitcoin, you will definitely be able to make your family name even better in the next 10 years. So keep the enthusiasm for investing in bitcoin and don't give up.