Buy the DIP, and HODL!

[MainIbem]

There are many ways to start investing in bitcoin because it is not limited to certain groups. Even if we have $ 20 per month, we still have the opportunity to buy regularly for asset growth that will increase slowly if we want. There is no reason for the inability to start except for people who are always looking for justification for their stupidity. Not having a job is their personal fault because many potentials are not utilized to make money.

Regardless of our opinions concerning this matter investing on Bitcoin is a personal decision afterall cause even though you give some people the ideas on how to increase their income so they'll have extra funds for investment since they think they can't go into it with $20 income I bet they'll still find excuse not do it when they’ve got extra income due to procrastination and also lack of patience, those are the major reasons why lots of people haven't involve themselves in it, they'll rather gamble with their spare cash or involve in ponzi schemes to make quick gains, several folks have approached me concerning Bitcoin investment and before you even start explaining you'll get replies like "when would I cash out, is it going to take very long?" Then when you tell them it involves a long-term process and requires patience, you'll see them chicken out of the conversation like they were never interested in the first place, I get that alot and the most annoying part is that same folks would come running back to invest when it starts pumping as if Bitcoin is some shitcoin with short-term profits.

[Barikui1]

For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.

yes JJG no investment process is easy, but it become easier with continuous practice, and nobody should  feel discouraged to invest in bitcoin because of his or her income is low no  bitcoin investment doesn't require someone to have a huge amount of money nor to save up a huge amount money before they can start to invest no,  rather start with the little amount you can afford weekly or monthly be it $8  or $10  someone can start accumulating bitcoin with it no amount is too small to start with, then as time goes they can figure out how to improve their income and increase their purchasing power.

Absolutely You are right in other words
i will like to say that it's also about financial education. As people invest in Bitcoin they will also learn about risk management, dollar-cost averaging, and the all  importance of a long-term These skills will benefit them both now and even in the future of their Bitcoin .And  investing in Bitcoin can be a gateway to financial independence  a person will no longer need to have a boss or have some daily work because as a Bitcoiner the best thing about it is self independent and It's a chance to learn about decentralization, blockchain technology, and financial freedom.
You're right no amount is too small to start with. It's about taking that first step, being consistent, and adapting to the journey. As people build their Bitcoin portfolio, they'll also develop a growth mindset, learning to navigate volatility and uncertainty.

No amount of investment by an investor is small. Every investor tries to invest the maximum amount of money on his behalf after investing. Now whoever can afford it will invest as much as he can and that is the maximum for him. Now I am able to invest more money continuously because I have more money while the other person does not have this amount of money, naturally he will invest a comparatively less amount than the person who has more money, so his investment cannot be called less. After starting the investment, if an investor is told that your investment amount is small and you will not get a very good profit by continuously investing this small amount in the end, then his mentality will go in a bad direction, as a result of which he will lose interest in investing. Every investor invests in Bitcoin with a hope and dream, so we should not have any discussions with those investors that will break them mentally. Of course, we will discuss the issue of investment and encourage new investors to invest in Bitcoin.

I will be talking specifically about the bold statement in your write up. If as a Bitcoin investor that truly have faith in Bitcoin and it potential, why would  haters  opinion about Bitcoin or people with myopic ideas breaks you mentally?
You need to understand that in life generally, good thing doesn't comes easy, their would be ups and downs but the way you respond to such negativity is what defines you by either breaking you or making you stronger.
Secondly, developing a though skin is one trait you must have, and all successful people have it, that's why they got to the level they are now.
Their is a parable in my country which says; if you stop and throw stones at every dog that barks at you, just know that you are not ready to get to your destination very quick, so what am trying to say in this context is that you don't need to respond to any negativity you heard about Bitcoin, if you truly believe in it, keep on buying and accumulating it, and if you can hold for a very long period of time, you will be glad you didn't gave up because of some discouraging statement from haters or people with myopic ideas about it.

[hero_the_bossman]

Hello sers,

After the DIP down to $74,000, or thereabouts, Bitcoin looks ready for another surge again.

Will this actually be the surge that will send it to over $100,000, AND, we'll never see Bitcoin move under that again? Will the One Hundred Spartans in the Push Ups Until $100,000 topic finally get their rest?

I believe! HODL!

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

[POPOLUV]

[edited out]

This reminds me from the day one i joined this thread i was really confused and i didn't know were to start because after i have perus in so many posts, i came to realize that investment process is never easy, that is a thing that go alongside with patient and having a steady cash flow in order to be able to build Bitcoin portfolio.

And also from the start, i could remember that sometimes i do quote off topics but with my constant practice on this thread i have been improve in my system at a time, and i believe that learning is a everyday activities so I'm willing to learn when ever I'm looking wrong.

I will say the steady cash flow can determine how you can invest Bitcoin, either $10 per day or $20 weekly or monthly, one thing for sure is to be patient and surely you will get to top of it.

I find this last statement from you to be bordering on the idea of whether investing into bitcoin is guaranteed or not, and surely, many of us recognize and appreciate that investing into bitcoin is not guaranteed, yet at the same time, we can recognize and appreciate that if we are taking actions in regards to matters that are under our control, such as putting in place and practicing good cashflow management skills while at the same time persistently investing into bitcoin through regular buys, then surely the odds would be in our favor that our life would improve, whether the specifics of our bitcoin investing is successful or not. 

Bitcoin's performance becomes a kind of bonus on top of the various other ways that we benefit from putting into place and practicing good cash flow management.

[edited out]

It's not guarantee and  investing in Bitcoin you won't lose all your money in bitcoin investment, because is not all business that are guarantee when in involves being patient for longer time, also not making it immediately, still you will see people rushing into that business knowing all the risks involve yet still invest in such business because of the benefits that always comes out of it, that is how it is when it comes to Bitcoin investments.

Bitcoin investments is an investment that all investors know that Bitcoin is not a guarantee yet they can't stop investing on Bitcoin because it is in favor of our life improvement and  so many investors practicing good cash flow management skills with Bitcoin investments.

[laijsica]

For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.

yes JJG no investment process is easy, but it become easier with continuous practice, and nobody should  feel discouraged to invest in bitcoin because of his or her income is low no  bitcoin investment doesn't require someone to have a huge amount of money nor to save up a huge amount money before they can start to invest no,  rather start with the little amount you can afford weekly or monthly be it $8  or $10  someone can start accumulating bitcoin with it no amount is too small to start with, then as time goes they can figure out how to improve their income and increase their purchasing power.

I personally don't believe there is any reason enough to hurry up anything that has to do with finance  when you have no knowledge about it, so I can't act inhuman and pretend to not understand the reason why most people procrastinate buying Bitcoin for a while without actually buying it. Though those who actually see potential would definitely buy after a while, but the worse thing that can ever happen to a man is relying on someone else's opinion for your own life decisions. Well it's.a good thing Satoshi created bitcoin in way that smaller fractions called Satoshi can also be Invested in since bitcoin has a limited supply. However one can still make smaller investment from their discretionary income without having to affect other basic needs while employing their own convenient risk management strategy.

actually the people I and JJG are referring to are those who already have knowledge about bitcoin, but they feel discouraged to invest because of their low income, that was why I said they should not feel discouraged to invest in bitcoin because of their low income rather they start with the little amount they can afford, because of their low then with time they can figure out how to improve their income and increase their purchasing power, and not those who have no knowledge about bitcoin.

I believe someone would first of all have knowledge about something before the person can actually venture into it, Likewise there are people who are out there who also have heard about bitcoin, but doesn’t have complete knowledge and understanding about how this things work, Some people also have financial stability and don’t even know how to invest in bitcoin, some people also don’t have financial stability but still do not understand that you don’t even need huge amounts of money to invest and accumulate using the DCA method. That is why it’ is necessary to encourage newbies and enlighten them about what Bitcoin is all about and how to go about it and invest. The best thing we can do for people who are interested in investing in Bitcoin is to guide them and help them how to invest and HODL for a longer term purpose. With the aim of accumulating more and more.

New investors may have little knowledge about Bitcoin or are at a stage where they have a slight understanding of how it works but if they start accumulation through DCA, they can become fairly knowledgeable about Bitcoin in no time while they are in the market. If they feel risky and have doubts about investing, they will save from discretionary income. You don't need to be very knowledgeable to do DCAing. My experience is that when I started accumulation Bitcoin, I wasn't very knowledgeable about Bitcoin at that time but I was motivated and started with small savings that gradually made me a little knowledgeable although I am still a beginner. Even if you don't have financial stability your long-term investment approach can get you to your goal. Just having an alternative and reliable source of income to deposit Bitcoin every week.

[promise444c5]

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

We already reach the 100k  6 times  before the tariff war and we even reached 109 as the ATH…
For sure, maybe we would have hit a  new ATH without the tarrif  war but the market have not that much of accurate  prediction guarantee, something else might have still brought down the price but yeah tarrif war did take it down that hard.

At the same time, don’t be surprised if we eventually have another correction or DIP back to this same 73k~74k   Or even less in the bear market (depending on how far we pump this time )yet because a random dude like me typed this doesn’t mean it going to happen we might still never have a correction upto that point again but it’s all speculation.. all you should be focused on is buying in prepare for the upside, the DIP is just an extra opportunity.

~

Check your draft , your text might luckily be saved there unless you have none in the first place, then fix your quote.

[Gost ms]

I believe someone would first of all have knowledge about something before the person can actually venture into it, Likewise there are people who are out there who also have heard about bitcoin, but doesn’t have complete knowledge and understanding about how this things work, Some people also have financial stability and don’t even know how to invest in bitcoin, some people also don’t have financial stability but still do not understand that you don’t even need huge amounts of money to invest and accumulate using the DCA method. That is why it’ is necessary to encourage newbies and enlighten them about what Bitcoin is all about and how to go about it and invest. The best thing we can do for people who are interested in investing in Bitcoin is to guide them and help them how to invest and HODL for a longer term purpose. With the aim of accumulating more and more.

I think your comment is very confusing. Before investing in Bitcoin, you should first have knowledge about a person. You do not need to have knowledge about a person before investing. If you have basic knowledge about Bitcoin and financial management skills to invest in Bitcoin, you can invest and you can also profit from the investment. If you invest, you can gain a lot of knowledge about Bitcoin along with the investment.

You should not encourage anyone to invest. Because the Bitcoin market is very volatile. If you tell someone that Bitcoin is very good and that you can get a very good amount of profit from now on. If he invests, then if the market falls after that, he will blame you. The entire blame will fall on you. I think it is not right to encourage anyone to invest or to invest. If someone is willing to invest, then you can explain to him the basic concepts related to investing in Bitcoin.

[lizarder]

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income. 

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

Try to cut back on excessive spending so that the money can be used to start investing in bitcoin. I remember an old adage that is often expressed by parents, try to live simply and look for potential to make money productively. Maybe this can be applied to bitcoin because we believe that over time the growth in value will make our finances better.

[Tamaperdana]

For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.

yes JJG no investment process is easy, but it become easier with continuous practice, and nobody should  feel discouraged to invest in bitcoin because of his or her income is low no,  bitcoin investment doesn't require someone to have a huge amount of money nor to save up a huge amount money before they can start to invest no,  rather start with the little amount you can afford weekly or monthly be it $8  or $10  someone can start accumulating bitcoin with it no amount is too small to start with, then as time goes they can figure out how to improve their income and increase their purchasing power.

It is true that practice makes perfect or better but I want you to understand that continuous practice without setting one's mind to actually learn or improve will result to nothing so it is not just about practicing. Yes up till now some people feel they need to have a very big amount of money or big amount of savings before they can start but that is wrong though we need money to fuel or accelerate our investment but one don't have to wait to gather everything first because the more one is gathering and not investing the more opportunity he or she is letting go. But I can not advise anyone that is struggling in life to start investing in Bitcoin because Bitcoin is not get rich quick scheme.

I totally agree that the investment process is really not easy, because what is called investment is certainly struggling with many factors that must be passed through so that the investment is successful. Starting from the income aspect, this aspect is a very important part and should never be missed if we want to invest like in bitcoin. Because before investing we must first measure the income we get per month, because that way we will find it easier to calculate how much we need for our living needs for a month. Then after that, if for example there is money left and the money will not be used for anything (discretionary income) then the money can be invested in bitcoin.

Then after our bitcoin investment is running, every month we still have to pay attention to our needs and the income we get. Because sometimes our needs can change quite significantly because there is something called inflation. So if we are used to doing this, I am very sure that our bitcoin investment can be better organized. So maybe this is what must be done so that it can become a habit. Because investors who can manage their finances well, usually have better profit potential too.

And about the money we can invest in bitcoin, we should not be discouraged if for example our discretionary income is not much. But that is where our personality will be formed, because if for example we can consistently invest in bitcoin, it means that it can be ensured that the investment has the potential to be more successful.

Because investment is not just about how much money we can invest, but it is related to our commitment to the investment. Because people who are able to have a strong commitment to their investment, I am sure they will be successful investors.

[Solokan]

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

it is absolutely true of course if there is no tariff war of course we will potentially see the price of btc to $ 100k or more than $ 100k but what is certain is that of course btc has been able to exceed the price of $ 100k if I'm not mistaken at that time the highest price was approximately $ 109,500 and of course that is a sign that btc is an asset that never disappoints. but what is certain is that as an investor in btc of course many hope that the price of btc will continue to rise high and of course including me also want to see the price of btc high.

but of course for me it has no effect even though there is a tariff war for me because of course in the end btc will definitely rise high even though there is always a tariff war because of course until now it has been proven that btc is an asset that never disappoints and I am sure even though there is still a tariff war but of course in the end in the future btc will not disappoint as long as we are strong in holding it for the long term.

[Futurexxx]

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income. 

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

Com'on man, what do you think you are fighting when you have no source of income?
Anyone that doesn't have a means of livelihood has no business in investing in Bitcoin, because it would be just a matter of time before he start eating his investment bit by bit till it's exhausted, so what am trying to say is that you can only invest in Bitcoin when you have a source of income, because it's only through your source you can buy and accumulate Bitcoin consistently either weekly or monthly, but if you have no source of income, I would advice that you look for a job first, so that you can take care of your basic needs easily, after that, then you can think of start investing, because in other to be successful in your Bitcoin investment, accumulating consistently and holding without tempering with it for a very long time are key things that needs to be done if you want to be successful, and you can never achieve that if you have no source of income.

[Ricardo11]

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

it is absolutely true of course if there is no tariff war of course we will potentially see the price of btc to $ 100k or more than $ 100k but what is certain is that of course btc has been able to exceed the price of $ 100k if I'm not mistaken at that time the highest price was approximately $ 109,500 and of course that is a sign that btc is an asset that never disappoints. but what is certain is that as an investor in btc of course many hope that the price of btc will continue to rise high and of course including me also want to see the price of btc high.

but of course for me it has no effect even though there is a tariff war for me because of course in the end btc will definitely rise high even though there is always a tariff war because of course until now it has been proven that btc is an asset that never disappoints and I am sure even though there is still a tariff war but of course in the end in the future btc will not disappoint as long as we are strong in holding it for the long term.

I think it will not be very difficult to break the previous ATH of Bitcoin which was $109K. Right now Bitcoin is at $94K +, Bitcoin has increased by 8.4% in the last one week, it has shown very good movement, and there is a possibility of pumping Bitcoin more very soon, in the next pump Bitcoin will most likely cross $100K and break the previous ATH of $109K.
However, we should always maintain positive thinking, let no disappointment come to you, Bitcoin is a long-term asset, so the success of Bitcoin can only be achieved in the long term, so we have to keep a long-term mindset and hold. Those who are true holders, they never get disappointed, their goal is long-term and they remain steadfast in that goal.

[SmartCharpa]

Even starting to invest $10 per week over the past two cycles would have resulted in $4,200 invested and nearly 0.4 BTC... .. and surely not a lot of money, but still a good return and even a lot of money for someone who might be quite poor and ONLY able to invest $10 per week over  years.

Sure, it can be a lot of money for someone, even the people who have been investing small amounts for over a year. I believe that investing a small amount weekly over a year to get profit is far better to those who have the money but fail to invest. Many will still repeat the same way that individuals wasted their time last year watching people accumulating BTC when they had the money to seize the chance, but they failed and regretted it when the price went above $100k.

However, newbies who concentrate on the profit they can expect are not ready to invest, even those who have been investing $10 or more weekly have no idea the profit they will make at the end of the year. And, once again, newbies who are afraid to invest with their little money must learn from the example you provide on BTC that those who invested $10 for the past 2 years will be secured right now, all that matters is the beginning and consistency.

[MainIbem]

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

it is absolutely true of course if there is no tariff war of course we will potentially see the price of btc to $ 100k or more than $ 100k but what is certain is that of course btc has been able to exceed the price of $ 100k if I'm not mistaken at that time the highest price was approximately $ 109,500 and of course that is a sign that btc is an asset that never disappoints. but what is certain is that as an investor in btc of course many hope that the price of btc will continue to rise high and of course including me also want to see the price of btc high.

but of course for me it has no effect even though there is a tariff war for me because of course in the end btc will definitely rise high even though there is always a tariff war because of course until now it has been proven that btc is an asset that never disappoints and I am sure even though there is still a tariff war but of course in the end in the future btc will not disappoint as long as we are strong in holding it for the long term.

Yeah that statement is fair enough, though the tarrif war might have slowed down the process, infact it's one of those negative stuffs that influence the market but it won't hinder the growth of Bitcoin, the processs might have slowed down for the time being however it would still do it's thing and set a new ATH, the effect of those negative stuffs like the trade war would only cause weak hands to panic and chicken out like most of them did when it dropped below $90k weeks ago but real investors are not moved by such but see it as an opportunity to own more with hope that Bitcoin would continue doing better in future, it's that hope that enables them to remain patient and wait to enjoy the benefits of a possible increase of it's price in future. However, information I gathered recently is that Bitcoin is now ranked as the 5th largest asset in the asset class, it's flipped passed Google and it even happened while the trade war is ongoing, so there's enough hope for Bitcoin to set a new ATH be it in future or near future.

[JayJuanGee]

Hello sers,
After the DIP down to $74,000, or thereabouts, Bitcoin looks ready for another surge again.

Will this actually be the surge that will send it to over $100,000, AND, we'll never see Bitcoin move under that again? Will the One Hundred Spartans in the Push Ups Until $100,000 topic finally get their rest?
I believe! HODL!

Initially, I thought that we might push through $100k and then get up to $120k, so then sub $100k would not be very likely, but then yeah, that does seem a bit too optimistic, even though surely there could be some possibility of leaving 5 digit bitcoin in the dust.  It would be nice to get a little cushion above $100k so that we might start to feel assured that sub-$100k is in the rear view mirror.. but the odds of saying no more sub $100k don't seem to be great until maybe we can get above $120k first.

There are many ways to start investing in bitcoin because it is not limited to certain groups. Even if we have $ 20 per month, we still have the opportunity to buy regularly for asset growth that will increase slowly if we want. There is no reason for the inability to start except for people who are always looking for justification for their stupidity. Not having a job is their personal fault because many potentials are not utilized to make money.

Regardless of our opinions concerning this matter investing on Bitcoin is a personal decision afterall cause even though you give some people the ideas on how to increase their income so they'll have extra funds for investment since they think they can't go into it with $20 income I bet they'll still find excuse not do it when they’ve got extra income due to procrastination and also lack of patience, those are the major reasons why lots of people haven't involve themselves in it, they'll rather gamble with their spare cash or involve in ponzi schemes to make quick gains, several folks have approached me concerning Bitcoin investment and before you even start explaining you'll get replies like "when would I cash out, is it going to take very long?" Then when you tell them it involves a long-term process and requires patience, you'll see them chicken out of the conversation like they were never interested in the first place, I get that alot and the most annoying part is that same folks would come running back to invest when it starts pumping as if Bitcoin is some shitcoin with short-term profits.

You have a good point.  There is a bit of a hurdle rate to get someone into a long-term thinking mindset when it comes to bitcoin.  I suppose that I have had similar conversations with people and I tend to tell them that they can do whatever they like, yet I am not recommending anything other than 4-10 year or longer timeline for bitcoin, and the only excuse to invest less than 10 years is based on age or health concerns.. otherwise most folks should be able to invest into bitcoin with a 10 year or more timeline.. and yeah, many folks have trouble wrapping their head around bitcoin as a long term investment, even though that is what it seems to be.. since there can be a lot uncertainty in the short term.. even though sure people might be able to gamble their ability to get in and then get out at a higher price than they entered... perhaps? perhaps?  yet I am not going to get into those kinds of discussions with how they might play bitcoin in that way, even though I may get into some discussions with folks who might consider that they are ONLY able to invest into bitcoin for shorter timelines such as 4-10 years based on age and/or health uncertainties rather than longer than 10 year timelines.

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

We already reach the 100k  6 times  before the tariff war and we even reached 109 as the ATH…
For sure, maybe we would have hit a  new ATH without the tarrif  war but the market have not that much of accurate  prediction guarantee, something else might have still brought down the price but yeah tarrif war did take it down that hard.

At the same time, don’t be surprised if we eventually have another correction or DIP back to this same 73k~74k   Or even less in the bear market (depending on how far we pump this time )yet because a random dude like me typed this doesn’t mean it going to happen we might still never have a correction upto that point again but it’s all speculation.. all you should be focused on is buying in prepare for the upside, the DIP is just an extra opportunity.

Surely after the fact, we can make an assessment regarding where we have been and how we got to our present place in order to attempt to understand why we are here and where we might be going from here. 

It is possible to characterize our pump to $109k as being a bit of hyperbole after the Trump election, and so then our consolidation since January 20 inauguration is a bit of a correction from that hyperbole.  Of course, there can be more UP from here, and so frequently we need to prepare for UP.. yet there is nothing wrong with always attempting to be prepared for either price direction.. and surely a vary large number of folks seem to be way more prepared for down than up, so being prepared for up is tending to put a person in a better position than those how have not prepared for up.

Of course, anyone in their first whole cycle should not be too preoccupied by price in the first place, especially if they are just ongoingly accumulating bitcoin, unless maybe they had front-loaded their investment, which might cause them to be more concerned about such a thing, even though I consider that even someone who might have had lump sum invested in bitcoin in recent times, they likely should be supplementing their lump sum investment by DCA and/or buying on dips... 

There should be ways to deal with uncertainty, even if a person had lump sum invested into bitcoin in the past 6 months... Of course anyone accumulating a lot of their bitcoin prior to November 2024 would have had been getting bitcoin with prices mostly less than $70k, so they should be content with their pre-November 2024 accumulation of bitcoin, to to the extent that they had been able to buy substantial amounts of bitcoin prior to November 2024.

Psychologically, it is frequently nice to have a bit of a financial cushion and to be "in profits," yet at the same time, it seems to me that whether any newbies are "in profits" or not should not be major concerns, and there should be some advantages to just ongoingly accumulating bitcoin and perhaps preferences that the BTC price takes a bit of time to resolve in terms of when it might go up.  Newbies are not necessarily advantaged financially by bitcoin prices going up, even if it might make them feel good to see BTC prices going up.

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income. 

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

Try to cut back on excessive spending so that the money can be used to start investing in bitcoin. I remember an old adage that is often expressed by parents, try to live simply and look for potential to make money productively. Maybe this can be applied to bitcoin because we believe that over time the growth in value will make our finances better.

We can agree to disagree.  I thought that I already explained that there may well be a lot of folks who might already be doings to the best of their abilities... and surely, you are correct that there are people who could be doing better, working harder or being more creative in their exploration of their options (and acting upon their options) to increase their discretionary income by increasing their income and/or cutting their expenses, yet I stick to my earlier point that we should not be presuming that all people are in positions to increase their discretionary income in ways that you seem to be presuming to be applicable to everyone.

Also there are people who do all the right things and still suffer considerably from various disadvantages from which they may or may not be able to extract themselves based on resources that that they have available or might be able to muster up (by hook or by crook).

[edited out]

I totally agree that the investment process is really not easy, because what is called investment is certainly struggling with many factors that must be passed through so that the investment is successful. Starting from the income aspect, this aspect is a very important part and should never be missed if we want to invest like in bitcoin. Because before investing we must first measure the income we get per month, because that way we will find it easier to calculate how much we need for our living needs for a month. Then after that, if for example there is money left and the money will not be used for anything (discretionary income) then the money can be invested in bitcoin.

Then after our bitcoin investment is running, every month we still have to pay attention to our needs and the income we get. Because sometimes our needs can change quite significantly because there is something called inflation. So if we are used to doing this, I am very sure that our bitcoin investment can be better organized. So maybe this is what must be done so that it can become a habit. Because investors who can manage their finances well, usually have better profit potential too.
And about the money we can invest in bitcoin, we should not be discouraged if for example our discretionary income is not much. But that is where our personality will be formed, because if for example we can consistently invest in bitcoin, it means that it can be ensured that the investment has the potential to be more successful.

Because investment is not just about how much money we can invest, but it is related to our commitment to the investment. Because people who are able to have a strong commitment to their investment, I am sure they will be successful investors.

You may well be correct in everything that you say Tamaperdana, since each of us is ONLY able to invest from the quantity of discretionary income that we have available, and it is better to invest a lower amount into bitcoin than to not invest at all, yet at the same time, anyone who knows that they have lower levels of discretionary income may well need to try to spend some efforts trying to figure out if they might be able to increase their discretionary income and/or cut their expenses... since surely a guy who is ONLY investing $10 per week into bitcoin is going to be greatly disadvantaged as compared to a similarly situated guy who figures out a way to to invest $100 per week or some other meaningful amount by his attempts to be proactive in his recognition that his investment amount needs to be increased in order to potentially have more meaningful results in 4-10 years or longer... and surely some guys know that they are likely going to need to invest into bitcoin for 20 years or more before they might be able to really start to build up a meaningful sized BTC holdings.

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income. 

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

Com'on man, what do you think you are fighting when you have no source of income?
Anyone that doesn't have a means of livelihood has no business in investing in Bitcoin, because it would be just a matter of time before he start eating his investment bit by bit till it's exhausted, so what am trying to say is that you can only invest in Bitcoin when you have a source of income, because it's only through your source you can buy and accumulate Bitcoin consistently either weekly or monthly, but if you have no source of income, I would advice that you look for a job first, so that you can take care of your basic needs easily, after that, then you can think of start investing, because in other to be successful in your Bitcoin investment, accumulating consistently and holding without tempering with it for a very long time are key things that needs to be done if you want to be successful, and you can never achieve that if you have no source of income.

You are not really saying anything different from lizarder, except it seems that lizarder is presuming that everyone is capable of improving their discretionary income beyond their current status, and he seems to be presuming that success is built on work rather than luck... and sure, I don't disagree with the overall premise that hard work can help many folks to progress, I am not going to necessarily presume that folks are failing in their level of success based on their lack of working hard enough, as seems to be what lizarder is presuming to be the case.

Even starting to invest $10 per week over the past two cycles would have resulted in $4,200 invested and nearly 0.4 BTC... .. and surely not a lot of money, but still a good return and even a lot of money for someone who might be quite poor and ONLY able to invest $10 per week over  years.

Sure, it can be a lot of money for someone, even the people who have been investing small amounts for over a year. I believe that investing a small amount weekly over a year to get profit is far better to those who have the money but fail to invest. Many will still repeat the same way that individuals wasted their time last year watching people accumulating BTC when they had the money to seize the chance, but they failed and regretted it when the price went above $100k.

However, newbies who concentrate on the profit they can expect are not ready to invest, even those who have been investing $10 or more weekly have no idea the profit they will make at the end of the year. And, once again, newbies who are afraid to invest with their little money must learn from the example you provide on BTC that those who invested $10 for the past 2 years will be secured right now, all that matters is the beginning and consistency.

I agree with your overall point that it is likely better for guys to get started investing into bitcoin with whatever amount that they have, and surely if they are continuing to invest into bitcoin, then perhaps over the years they can increase their investment amount by figuring out ways to increase their discretionary income and/or otherwise improving their cashflow management practices...or even figuring out ways to prioritize their focus on bitcoin with a view that they are likely going to improve their longer term finances through their improvement of their focus on bitcoin.

I described a situation in which a guy might invest $10 per week for the past two cycles, not the past 2 years, and the past 2 cycles would be over  years.  Similar to you, I was trying to suggest that small amounts can still add up to a lot over time both in terms of the amount of money invested, yet also with bitcoin there could develop some appreciation of the BTC price over the investment timeline that also ends up boosting the value of the investment beyond the amount that had been originally invested...

so yeah in the case of the earlier example, $4,200 invested over 8 years (only $10 per week).. does not seem like a lot for each week.. but then over the years it adds up to a decent amount, but then the bitcoin also appreciated in value, so the 0.4 BTC invested would have a current 200-WMA valuation at $18,521 and a current spot price valuation of $37,524.   

Personally, I consider the 200-WMA valuation to be more important than the spot price valuation, even though the stash of BTC could be sold currently for it's spot price valuation, yet if a person is striving for sustainable withdrawal, then I personally believe that it is better to assess the 200-WMA (which is the bottom price) rather than the spot price, and currently, I consider that size stash to be capable of generating a sustainable income of about $1,852 per year, which is only $154 per month ($35.62 per week), and so likely such person may well need to keep investing (or to wait for more passage of time), if he might be wanting to receive a higher sustainable income off of the size of the bitcoin stash that he has so far built over the past 8 years. 

So the guy would be generating way more income than what he had initially put into the investment over the  years, but at the same time, he might want to continue to build the investment up, and perhaps even if he were not adding to the investment and just letting it set, it may still double every 3-4 years in terms of the level of the income that could be gotten from that size of a bitcoin stash.. and so frequently, I will suggest to keep building the bitcoin investment size until it gets to a size that is starting to get close to being able to generate a sustainable income that is sufficiently high enough for that person to live off of.

[edited out]

Yeah that statement is fair enough, though the tarrif war might have slowed down the process, infact it's one of those negative stuffs that influence the market but it won't hinder the growth of Bitcoin, the processs might have slowed down for the time being however it would still do it's thing and set a new ATH, the effect of those negative stuffs like the trade war would only cause weak hands to panic and chicken out like most of them did when it dropped below $90k weeks ago but real investors are not moved by such but see it as an opportunity to own more with hope that Bitcoin would continue doing better in future, it's that hope that enables them to remain patient and wait to enjoy the benefits of a possible increase of it's price in future. However, information I gathered recently is that Bitcoin is now ranked as the 5th largest asset in the asset class, it's flipped passed Google and it even happened while the trade war is ongoing, so there's enough hope for Bitcoin to set a new ATH be it in future or near future.

Sure tariff wars (disputes) and/or uncertainties are not good for any markets, yet bitcoin is likely going to fare well under any system, even if various disputes continue to happen and perhaps there are various ongoing disparate effects of such tariffs and disputes around whether they should exist and/or how they might apply... and whether wealth is created or destroyed bitcoin is likely to fare well relative to any other places that we might choose to put our value, even though bitcoin likely does even better when wealth is being created rather than destroyed... .

There is no other money that is even close to as sound as bitcoin, even though there has been some appreciation in gold valuations in recent times... bitcoin is still superior to gold by 1,000x or so.

[Gost ms]

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income. 

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

I think that people can do anything if they try. It is very important for a person to have a stable income. A stable income is not only necessary for investing. Having a stable source of income is very important for investing. Because if you do not have a stable source of income, you will not be able to manage your investments properly. And you will not be able to buy continuously. You may face many kinds of difficulties. If you are in the middle of a financial crisis, then you will be forced to sell your holdings. If you do not have a stable source of income, then your investment will not be correct. It is very important to find a stable source of income before starting investing.

[Btcdeybodi]

Hello sers,

After the DIP down to $74,000, or thereabouts, Bitcoin looks ready for another surge again.

Will this actually be the surge that will send it to over $100,000, AND, we'll never see Bitcoin move under that again? Will the One Hundred Spartans in the Push Ups Until $100,000 topic finally get their rest?

I believe! HODL!

If there are no tariff wars and events like that - I think we may go further than 100k, and even reach a new ATH.

But that's, of course, an optimistic view

Every negative news about bitcoin is advantageous to a long term investor and what you should know is that even without the tariff wars, the price of bitcoin will still suffer downtrend at some point which will give investors the privilege to buy at lower prices. Since the tariff wars started, and the price was falling, i was literally buying with the DCA and when the price skyrocket to $95k i know the profits i saw in my portfolio, so imagine the profits i will gain when i Hodl for a long term. However, $100k have been reached many times so it's no longer new to us anymore and even if the price hits $100k again it won't create any excitement. The market is now positive and gaining momentum, MicroStrategy have added more 15,355 BTC to their portfolio, it's another sign of a bullish trend.

[Tmoonz]

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income.

Nothing is impossible when someone has a plan in their life and to achieve a much better financial source requires hard work by relying on existing opportunities and when we want to change our lives for the better, then every effort must be made to grow a much more stable income. The existing potential needs to be increased and at least be able to meet the needs of life and continue to try to set aside a little money to start investing. It may sound difficult for some people who do not have a steady source of income, but it does not mean it is impossible if they are willing to fight.

I think that people can do anything if they try. It is very important for a person to have a stable income. A stable income is not only necessary for investing. Having a stable source of income is very important for investing. Because if you do not have a stable source of income, you will not be able to manage your investments properly. And you will not be able to buy continuously. You may face many kinds of difficulties. If you are in the middle of a financial crisis, then you will be forced to sell your holdings. If you do not have a stable source of income, then your investment will not be correct. It is very important to find a stable source of income before starting investing.

No doubt that having a stable source of income plays an important roles in our investment but however we don't have to say or wait until we have a table source of income before we can start investing in Bitcoin since we can be buying Bitcoin with the dca and at the same time be working on our finances, it is more better to be a low coiner than being a no coiner. Bitcoin investment offers lots of flexibilities such that if anyone is having some financial crisis even in their ongoing Bitcoin investment then they can pause their investment for the main time and fix their finances before continuing their investment, Bitcoin investment is not to be seen as a burdensome investment.

[promise444c5]

Of course, anyone in their first whole cycle should not be too preoccupied by price in the first place, especially if they are just ongoingly accumulating bitcoin, unless maybe they had front-loaded their investment, which might cause them to be more concerned about such a thing, even though I consider that even someone who might have had lump sum invested in bitcoin in recent times, they likely should be supplementing their lump sum investment by DCA and/or buying on dips...

Exactly! And I believe about 60% of us on this thread are newbies or are likely in their first cycle(not including you as "us" ), whether they invested a lump sum earlier or are just accumulating gradually over time.

Those who invested a lump sum earlier would have accumulated more Bitcoin in the $50k-$60k range. Even with the correction to $73k, they should still be in profit. However, they might be thinking about the potential profits they had when  Bitcoin was above $100k+ (especially if they were heavily focused on the upward price chart). But to me, this correction is like having an opportunity to accumulate near their previous accumulation point, thus hoping for even greater ROI when Bitcoin reaches $100k again.

Hence, for the DCA investors, investing small amounts they can afford periodically, the recent price movements to $85k shouldn't represent a significant drop in their portfolio, at 73k maybe some little obvious drop as well compared to the profit made ( the capital should still be intact to some extent) , did remember we spent some time within 90k~100k,although it depends on their entry points and how frequently they've been accumulating. Some entries would have been made above $100k and would have also had some effect in their portfolio yet should have payed off already !at current 90k if they've continued DCAing in the DIP.

Also, I agree with supplementing lump sum investments with buying dips or DCA. Everyone is free to choose whichever strategy suits them best, especially if they are used to lump sums. However, I do think buying dips is a good approach, but that will depend on the portfolio status. It could be done similarly to DCA, but with opportunistic buys during price dips.

[ejikeme24]

I believe someone would first of all have knowledge about something before the person can actually venture into it, Likewise there are people who are out there who also have heard about bitcoin, but doesn’t have complete knowledge and understanding about how this things work, Some people also have financial stability and don’t even know how to invest in bitcoin, some people also don’t have financial stability but still do not understand that you don’t even need huge amounts of money to invest and accumulate using the DCA method. That is why it’ is necessary to encourage newbies and enlighten them about what Bitcoin is all about and how to go about it and invest. The best thing we can do for people who are interested in investing in Bitcoin is to guide them and help them how to invest and HODL for a longer term purpose. With the aim of accumulating more and more.

I think your comment is very confusing. Before investing in Bitcoin, you should first have knowledge about a person. You do not need to have knowledge about a person before investing. If you have basic knowledge about Bitcoin and financial management skills to invest in Bitcoin, you can invest and you can also profit from the investment. If you invest, you can gain a lot of knowledge about Bitcoin along with the investment.

@ Gost ms I think you're the one that is contradicting the whole issue here,  because i just went through (jostern ) post and there's no where he said anything about ( you should first have knowledge about a person before investing) should incase of next time you need to ensure that you're  very sure about what you're saying before judging someone. However, I totally agree with you on the fact that having a better knowledge about bitcoin is when  you invest in it, which is true. because if you're hoping to get the whole knowledge about bitcoin investment before looking into it, There are some certain things you may see in the market that you're not going to be familiar with, so my advice is that anyone who's interested to go into bitcoin investment shouldn't wait to acquire all the knowledge before investing, so far as you have gotten the basic knowledge, of course you can start the accumulating process as time goes on that's the More you're experiencing some certain things in the market.