Buy the DIP, and HODL!

[laijsica]

Sure they will definitely regret not buying when the price of bitcoin was below $100k because they missed the chance of buying at a lower price but it's not even late for them to get started if they have their discretionary income ready since Bitcoin is just growing in other not to further regret I believe in future that the current price now will be considered as low compared to what it will be in the future so their is opportunity to get started and start accumulating Bitcoin gradually by adopting the DCA strategy and gradually grow your Bitcoin portfolio.

Some people are already complaining that bitcoin price is already too high, and they can’t risk their money in bitcoin right now, some of them do say if bitcoin price will increase, they won’t really be getting much profit because the price is already high, and I will say thats the reason why most people do invest in altcoins right now, but they are completely wrong, bitcoin price is not so high yet, and everyone can still invest in bitcoin. If you are investing in bitcoin, then you are definitely going to be having peace of mind also. People won’t regret not investing in bitcoin right now, but they definitely going to be doing that later in the future, and their regret won’t be bringing back the past.

Guys who complain will not find any valid argument to criticize them. Even when the price of Bitcoin was $45k, they expressed  opinion and tried to mislead investors. Similarly when the price will be $150k or more due to the pumping effect, they will criticize the same. In fact the price of Bitcoin is still passing the initial stage and the states are still preparing to increase the strategic reserve. Corporate holders have continued to buy more, started Bitcoin for global intra-trade transactions and are preparing how to further expand its scope. It is logical for investors to continue to accumulation in every possible impact and expansion of Bitcoin in a long-term DCA strategy.

[JayJuanGee]

How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin.

Once you figure out how much you need, then it is no longer subjective.  If you say that you want an income of $20k per year right now, then that would be right around 4-5 bitcoin, like you mentioned, and if you need $80k per year of income starting now, then you need 17.166 BTC and if you have 1 or 2 more BTC, then you have enough of a cushion to feel confident that you are always withdrawing from the overaccumulated amount rather than at any point selling too much BTC too soon.

So the first thing we need to do is to figure out how much bitcoins are sufficient for us? I have done that work, 4 to 5 Bitcoins are good enough for me based on my geography where I live. Likewise everyone of us must figure out how much Bitcoins will be good enough for everyone of us.

I think that part of my earlier attempted point is that the amount that you need likely remains a moving target.  If you feel that you need 4-5 bitcoin today, then that likely would not be a very accurate calculation if you might have ONLY accumulated 1.5 Bitcoin, and so you are quite a ways from the goal, and so if you are thinking that you will be able to accumulate 4-5  bitcoin in the future - like maybe 10-15 years from now, and so far in your bitcoin journey (let's say nearly 3 years), you have ONLY accumulated 1.5 BTC, then it could be quite difficult to reach 4-5 bitcoin in the next 10-ish years.

On the other hand, if you are close to reaching your goal (such as you have already gotten to 3 BTC in the past nearly 3 years), then sure, it may well well be possible to reach 4-5  bitcoin in the next 4-ish years.  Perhaps? perhaps?

I am a little unclear about your proclaiming that you need 4-5 bitcoin, unless you are already close to reaching such staus, yet if you have gotten close to 4 bitcoin and you are not sure whether 4 or 5 bitcoin is enough, then there is quite a bit of difference between 4 bitcoin and 5 bitcoin, unless you are trying to suggest that you need 4.5 Bitcoin, and if you are close to reaching 4 bitcoin, then it could still take you another year or more to accumulate another 0.5 BTC.

In the meantime the quantity of bitcoin needed is going down for certain salary levels.  I would suspect that a quantity of 4.5 bitcoin in 3 years would be able to support an annual salary of right around $40k per year (even accounting for the ongoing expected debasement of the dollar).

But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .

That sounds correct.  Once you reached overaccumulation status, you no longer need to accumulate bitcoin, yet you still might have to figure out how you are going to manage your bitcoin so that you don't sell too much too soon.

That's very important stage i.e. once you have that over accumulation status or you have your specific number of Bitcoins, you have to figure out the strategy of how to maintain balance between the number of Bitcoins you hold vs the one you sell. If one can't maintain that balance  then very soon he will run out of Bitcoins he accumulated over years.

Part of the reason I suggest to figure out what your income would be in terms of the dollar amounts that you want to withdraw on an annual basis, then you likely could figure out if it is sustainable for you to withdraw that amount and if you don't have enough bitcoin to cause your targeted amount to be sustainable, then you have to either accumulate more BTC until it is enough, or reduce your withdrawal amount until the BTC value grows to an amount thata allows you to withdraw a higher dollar amount... which is another reason that I suggest using the 200-WMA to calculate the maximum amounts of BTC that you are able to withdraw without causing your bitcoin total to be depleted below overaccumulation status.

So even right now, if you had exactly 4.5 BTC, then you should not be withdrawing any more than $21,100 per year in order to make sure that the amount is sustainable and that you are ONLY withdrawing from your overaccumulated BTC stash amount.  Of course, if you withdraw less than $20k per year, then it is likely that your eligible withdrawal amount would grow faster than the debasement of the dollar.  ... so for example, if you were to only have 4.5BTC right now and you were withdrawing at $15k per year, then you likely would have enough of a cushion that you could increase your withdrawal amount by 10% every year for several years into the future and then to reassess how well your BTC stash has been holding up with that level of income from it.  In the end, you have to figure out the extent to which your withdrawal rate is sustainable or if you are overly depleting your bitcoin stash beyond sustainable amounts.

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

Well.  If you had been accumulating bitcoin since your forum registration date in mid-2017, then surely, you may well could have had put yourself into a pretty decent position by now with the size of your bitcoin stash, yet if you had not gotten enough bitcoin during the last nearly 8 years, then you have to keep accumulating bitcoin through buying.  Sometimes it does take longer than 8 years to build up a guy's bitcoin stash to a sufficiently high enough size.

[Barikui1]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

There is no need to be regretting in life we make mistakes and we learn everyday, the question is do you have an income to start your investment, I really do not think there is when it would be too late to invest in bitcoin, because of its volatile nature and the potential of Bitcoin to always Rise, you might probably be regretting not buying when bitcoin was $90k, because it’s now $104k, If you continue to be regretting and blaming yourself for not investing that time you might still end up blaming yourself for not invest when it’s $104 and then it gets to $150k. Bitcoin is very unpredictable that is why it’s good to invest now and hodl for a long time and accumulate consistently.

If your mind and heart is still there to invest in Bitcoin, nothing is stopping you from investing into it now as long as you have a source of income, yes it's quite expensive now comparing to before but it may be very cheap comparing to how much it might get in the future since Bitcoin is asset that appreciate in value overtime.
Think about those guys that bought it at 69k in it first all time high thinking that they bought it too high when it later dip, but look at Bitcoin today, it's 104k, a massive profit to those guys that held unto it till now, so what am trying to say is that Bitcoin is on the rise, so the logical thing to do now is to buy once the funds is available irrespective of the current price, because in the future when Bitcoin has gone up to a million dollar or more, you will be happy with yourself that you took the right decision to invest in Bitcoin now that it's still very cheap and early.
It's only procrastinator that will always see a reason why it's the wrong time to invest in Bitcoin, and they don't know that procrastination has kills so many dreams more than failure has ever does

[Wind_FURY]

I know I'll never be a long-term profitable "trader", I'm merely a stupid pleb. But sometimes, I do look at the Bitcoin chart - The weekly chart to get a more long-term view.

 - To start the new week, please check the MACD for the weekly chart. I believe that our 100 Spartans in the Push Ups until 100,000 topic will finally get their rest.

HODL

[Orange89]

I am really fascinated to read everyone views here like how the community views towards Bitcoin investment has evolved around the time from 2009
but I will say
Those who started early are making the benefits for sure and it's a reminder that definitely it's never too late for start the investing really it's no matter the current price. The things many of us pointed out here that it's consistency & A long-term view
Like Whether you are just starting now or have been in these game for a while , but Yes the DCA strategy seems to be a solid isn't. The future of Bitcoin looks promising and it's exciting to be a part of this journey just Wondering Bitcoin touching 1M$ ha ha

[Gost ms]

This long-term investment has led to the success of many people in Bitcoin, because the DCA method is the easiest and most attractive way for any Bitcoin holder to make a profit. Investing with the DCA method allows Bitcoin investment to be maintained for a long time, and it has another positive aspect, as it helps in achieving easy goals and plans. Whether you have to use the same amount of money repeatedly or you can set a budget of different amounts of money, you can invest in Bitcoin and increase your budget every week, it will only depend on you.
Those who advise Altcoin investment are mainly trying to mislead investors, such bad advice severely hits the target of Bitcoin holders.

You should increase your investment budget by focusing on your stable income. Because suppose you have $20 to invest every month or week after covering all your expenses. But if you want to invest $30 next month, you will have $10 less. If you invest like this, you will put your holdings in a lot of trouble. You should increase your investment budget by focusing on your stable income. You can increase your investment budget by reducing your personal expenses. Such as cigarette expenses, eating out expenses, etc. It is very important to have financial management skills.

[ultrloa]

I am really fascinated to read everyone views here like how the community views towards Bitcoin investment has evolved around the time from 2009
but I will say
Those who started early are making the benefits for sure and it's a reminder that definitely it's never too late for start the investing really it's no matter the current price. The things many of us pointed out here that it's consistency & A long-term view
Like Whether you are just starting now or have been in these game for a while , but Yes the DCA strategy seems to be a solid isn't. The future of Bitcoin looks promising and it's exciting to be a part of this journey just Wondering Bitcoin touching 1M$ ha ha

Sentiments for over the years and those people who's skeptical to HODL Bitcoin before change their view and think about Bitcoin is good for long term now.

There are lots of data to show and provably that gives an idea for people about what better approach to do with their Bitcoin.

For many times Bitcoin proves that it always give good potential profits to those investors who hold that's why for sure that there would be more figures to come which is more better than we see today especially if we investors would continue to aim high and accumulate more Bitcoins.

DCA strategy is pretty much solid and it can be done by anyone so people should do this and stop think about trading their Bitcoin because for sure that they realize later on that profit is inconsistent on that option they choose.

[Felicity_Tide]

~snip

 - To start the new week, please check the MACD for the weekly chart. I believe that our 100 Spartans in the Push Ups until 100,000 topic will finally get their rest.

HODL

Certainly a good news for the Spartans and hodlers, but a bad one for those waiting to buy the dip. It's definitely going to be an interesting ride. MACD is literally at the bottom, and climbing to the top. A possible break of structure would give us a new ATH. We're just getting started... Continue buying... Keep Hodling.

[Futurexxx]

~snip

 - To start the new week, please check the MACD for the weekly chart. I believe that our 100 Spartans in the Push Ups until 100,000 topic will finally get their rest.

HODL

Certainly a good news for the Spartans and hodlers, but a bad one for those waiting to buy the dip. It's definitely going to be an interesting ride. MACD is literally at the bottom, and climbing to the top. A possible break of structure would give us a new ATH. We're just getting started... Continue buying... Keep Hodling.

By looking at this chart presented here shows that Bitcoin sentiment is bullish, by looking at this last bullish engulfing candle sticks, it shows that their are a lot of buyers in the market, so who are those folks that are saying that it's too expensive to be buying now?
Those buyers in the market do they think they don't know what they are doing?
It's only myopic people that will be seeing it that way as expensive because Bitcoin is seriously on the rise, and I see it setting a new all time high in the nearest future, that's why their should be no wasting time for those that hasn't started accumulating it yet, the better they seize this opportunity or regret later.

[asarfiar]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

You saying a lot of good things. When the price of Bitcoin goes to the fall, many investors feel unrest and stopped investing. The reason for creating such an environment is that I think they have less confidence or trust in Bitcoin.When the price of Bitcoin rises, they sell and start to buy when the price drops, they are basically a cycle. Real investors are continuing to invest in  because they think Bitcoin will be able to put the highest ATH investors in the sky at one time.

I have invested Bitcoin regularly in my daily life. I think long -term investment, manage regular investment and encourage others without focusing on market instability.

[Tonimez]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

You saying a lot of good things. When the price of Bitcoin goes to the fall, many investors feel unrest and stopped investing. The reason for creating such an environment is that I think they have less confidence or trust in Bitcoin.When the price of Bitcoin rises, they sell and start to buy when the price drops, they are basically a cycle. Real investors are continuing to invest in  because they think Bitcoin will be able to put the highest ATH investors in the sky at one time.

I have invested Bitcoin regularly in my daily life. I think long -term investment, manage regular investment and encourage others without focusing on market instability.

Until investors understand the role of Bitcoin volatility, there would always be panic among them. While price was falling, many investors started panicking which I can understand when it comes to newbies. But for any one who is not new into the game and still panics, it is a clear sign of a Trader. However you judge it, bitcoin is never costly at any point. Not buying only keeps you away from buying and that goes on. Bitcoin is currently going higher and we are happy.

[SmartCharpa]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

Of course, it would be a regret for people who have the money but refuse to buy when the price is lower than this, but it would not be a regret for those who do not have the money as that time. I hope those who did not buy back when the price was lower do so as quickly as possible, they should not do the same thing again. Bitcoin is on its way to $200k. We saw $100k a few months ago and are now on its way to $200k, waiting for the deep is not the right decision.

To my notice, itt only when you are making reference to altcoins investment, that's when you advice the person to use or invest the money or amount that they can easily let go or lose, that's because altcoins investment usually cause people to lose their money but while investing into Bitcoin, there's every assurance that if the investor can hold their Bitcoin for a long time, they will end up in profit. Instead of advising to invest what they can lose, they should be advised to invest just the amount they can hold for a long term because Bitcoin is a long term investment.

Every investment has risk, and many individuals believe that Bitcoin is the type of investment that could help them make fast money. So it is not a bad idea to remind those who are new to Bitcoin investment that there is risk involved and that they may lose money depending on the type of investment they make. Some Bitcoin investors prefer short-term investments and lose money, so newbies should be encouraged to invest for the long term and with extra money.

[boyptc]

That's a good point and many still don't think and realize that. Despite the overall performance of Bitcoin, they look down on how much potential they're looking at. I don't know where that narrative came from but they've been blinded by the explanation of the altcoiners that are still looking for the lottery ticket that they're waiting for. They will understand it the harder way that no matter what others say, Bitcoin is here to stay.

Shitcoiners can be very convincing when pumping their coins to newbies, since their explanations of the limited upside of bitcoin, as compared to their coin makes sense, especially for people who do not understand bitcoin or its addressable market very well.  Even if these  newbie no coiners do not end up investing into shitcoins, they also might end up getting scared away from bitcoin rather than merely considering some reasonable percentage to invest into bitcoin, even if it might only be 5% of their income.  

Of course, many of us longer term bitcoiners recommend 5% to 25% for beginners, and it is not that we are trying to pump our bags (which many may expect that we are telling them about bitcoin so that they can pump our bags), yet many of us recognize/appreciate that newbies these days likely need to put more value in (as compared to the newbies from 8-12 years ago.

So, it can take some time investing into bitcoin and researching into it before there are better understandings of what bitcoin is and to consider that its investment thesis is not getting weaker with the passage of time.

We can help to correct the thinking of newbie no coiners and/or newbie low coiners in the event that they are having troubles figuring out a value in staying focused on bitcoin rather than getting distracted into either trading or shitcoins, but there is also likely ONLY so much that we are able to do in terms of helping them to be able to help themselves.. which I tend to tell them to just start out slow and to study bitcoin as they go, and surely just getting started can be quite an obstacle.. which maybe sometimes we might choose to send them somewhere between $5 and $20 in value.. depending on if they might be a friend, relative or a stranger.  

Amazingly enough, there were several times between late 2014 (I think I started giving away in November) and 2015 (around 20 times) that I gave away bitcoin amounts of bitcoin between $5 and $20 to mostly friends and relatives, but there were a few times that I gave away to mostly strangers that I had met through some social and/or business situation in which the conversation turned to bitcoin.  The purpose of these particular giveaways tended to be in order to introduce them to bitcoin, yet I was using a service (it was called Circle) that the time that allowed the person to claim their bitcoin. All I needed to do was to include their e-mail address in the "send to" field.  If they opened up the e-mail, then the bitcoin was sent and it was not reversible.  If they never opened the e-mail, then there was a possibility to cancel the sending of the bitcoin, which I did end up cancelling the send (like a year later) on a few of the sends, since the recipients did not open up the e-mail.

The BTC prices for my give aways during that period tended to mostly be between $230 and $390 during many of those various give aways, so the amounts of the give aways varied between 0.01 BTC on the lower end and 0.06 BTC on the higher end, which surely seems like a lot right now, but I would give away, and then I would replace with bitcoin buys, so yeah, it seems to have had cost me a few hundred dollars for my various give aways during that time... yet the amounts are quite great right now in terms of dollars.. largely each of the give aways are valued between $1k and $6k right now.. so maybe if I added them all up they would have been somewhere in the ballpark of 0.9 bitcoin... maybe not a big deal since it was attempting to build good will in regards to bitcoin, but still.. it was money that I could have kept, too... yet at the same time, I feel better as a person for having had given away that bitcoin, even if ONLY small percentages of the give aways actually resulted in the person getting involved in bitcoin, while at the same time, I did lose track of several of the recipients, too.  These days for small amounts we might send through lightning or zapp or something like that.. .and sure there still are some services that allow sending within the service to other persons who have the same service... so some of those might not have any charges.  I don't recall paying any transaction fees or charges to send those transactions using Circle, which paying fees might have had discouraged me from doing it.

Those people that are being misled by the altcoiners are going to realize one day that they've been into hype and that's a mistake that they should have learned earlier than before. It's hard if they get stuck with those assets but as soon as they realize that there is not that much move at all, that hard realization will get them.

And that's how they learn from the mistakes that they've committed. I've been there and done that but learned a lot in the long run and let's hope that many of them will too.

Well, that's so noble of you when you've given away a lot of those $5-$20 BTCs before. That's a lot in today's valuation and the effort and monetary value that you have contributed for the community just to give it away is a lot.

Will there be a chance that you'd still give somehow at this point for the same reasons?

I agree, it didn't topped yet and that's why those who are discouraged about it, they need to take time and decide very well for this cycle.

It seems to me that anyone who is new to bitcoin and either a low coiner or a no coiner should not be concerning themselves if the market has topped, and surely the BTC price could go shooting up, which might cause many of us to consider that the BTC price has topped, and surely a newbie might come into bitcoin with smaller investment amounts and even anticipation that the BTC price might drop from their entry point, yet if they are investing a reasonable amount for their discretionary income for 4-10 years or longer, they still well might end up being better off for employing a strategy to get started and to get in rather than employing a waiting strategy that might not work out for them... but yeah, each person has to decide for himself and live with the consequences of his action choices (or his non-action).

You're right, most of the spectators that are watching right now are very concerned to the price of Bitcoin. As if they're watching their favorite football and basketball game and we're the players here that are thrilling them.

I think that if they are going to decide to invest, they'll only realize that sooner and they'd heavily going to be after it when we're on the next cycle or hopefully, before it.

Slowly but surely as they say and I agree that if they're worried about BTC's volatility, they should only invest with the smallest amount that they can risk. Later on, they'll understand why many are optimistic of investing and telling everyone to buy more.

There could be a hypothetical person who has a budget of $100 per week that he knows that he can put into bitcoin, yet he purposefully decides to ONLY put $10 or $20 per week into bitcoin and to hold the remaining $80-90 per week for buying dips, and that may or may not be a good approach, but at least, he had gotten started and he is consistently investing, even though he is also purposefully choosing a more conservative (perhaps whimpy?) approach to his weekly budget amount.  I tend to recommend to not hold back more than 25% for buying dips, yet I understand that there could be circumstances in which the BTC price has done so much upward price performance that any person might decide to hold back a larger percentage for buying dips.. with the realization that anticipated BTC price dips may or may not end up happening.

That's right, the most important thing is they have initiated their actions into investing to Bitcoin. Because if they keep on watching the prices without doing any actions and they're mostly waiting for the good prices that they'll never see for themselves, they'll wait forever.

25% for buying dips is actually already good and even better if they could do more than that. And they're doing it for themselves and not for us that they'll thank themselves one day.

That's right, there is only so much we can do from these people. They've asked, we listened and we gave them suggestions on what should be for the good of their investing journey. I've been there and I understand your frustration, these people probably value our words at the beginning but if they think they're good enough, they're walking freely and deciding for themselves which is normal.

Even people who claim to not have a lot of ego tend to have a decent amount of ego, so people do prefer to make their own decisions, even when they might be relying on bad sources (without realizing it). Sometimes the mere fact that we have given them an alternative perspective to consider will be valuable in regards to their having information to do their own due diligence and their own research into the matter to attempt to verify the extent to which our perspective might have some validity.  some folks might have seemingly solid trusted sources, even someone like an investment advisor who is telling them the opposite of what we are saying, and they might have had felt that their investment advisor is acting in good faith and has even helped them out extensively through the years, so they feel that they cannot deviate from the guidance of their investment advisor... even though in the end, most investment advisors will also proclaim that they are ONLY executing the wishes of their clients.. and surely over the years, I have had discussions with quite a few bitcoin naysayers who otherwise seem smart, but ultimately had been overly swayed by their investment advisor and they could have had make $100s of thousands or even $millions of dollars by employing some version of allocating to bitcoin, as I had suggested.

Prior to 2020, for new investors into bitcoin, I had been recommending 1% to 10% into bitcoin, yet since 2020, I have been recommending that newbies try to consider 5% to 25% into bitcoin, and sure of course these are beginning ideas, so a person ultimately is responsible for his own choices, and if he is whimpy or pessimistic about bitcoin, he can choose the lower end of the recommended range, and if he is more bullish or optimistic, then he can gravitate towards the higher end of the range.. and in the end, he is also not limited by the range, even though I am suggesting such range as a beginner consideration, yet at the same time, each person has to tailorize whatever investments they make (whether bitcoin or otherwise) to their own financial and psychological circumstances.

To be honest, if these people that have investment advisors and helps them to just follow what they want. I think of them as lucky people because they can avail to have them as a guide but it doesn't align with their goals. And for the people like me and the others here, we've got you and the others who are better than these investment advisors and you're more than that because you're a total advocate of Bitcoin.

And that's not a bad advocacy because there's always the thought about what if they have listened when someone has spoken to them about Bitcoin earlier but because they have their own thoughts, they didn't.

I admire the newbies that despite that they're new to Bitcoin investing, even if you suggest them 5%-25%, they'd do more because they have done their research and they can do better than the others that are still watchers and waiting for some dip. Consistency is going to beat these intelligent people in the market and that's what they need to capitalize on through DCA.

But if they already have some thoughts of doing something else, they shouldn't waste our time.

Sure some folks are disingenuine and/or not serious, and so we do have to determine if we might be wasting our time talking with them.. .and surely even in real life, there might be some folks who engage us in trolling kinds of ways and they really are not serious, even though they ask questions about the topic... so we do have to choose the extent to engage with seemingly unserious people or if we have enough patience, and surely sometimes we can even tell them that we are purposefully not talking with them about the topic because they are not sufficiently serious about the topic, yet maybe we could let them know if they take certain actions to show their level of seriousness, then maybe at that point we will choose to talk with them about the topic.

I am quite naive when I don't think of them as they trolled me. They've asked me as if they're genuine, I answered and given them a tip genuinely out of good will because whenever someone asks us about Bitcoin, we're there to help.

But if that's the purpose of them of wasting our time and trolling us, I just hope the best for them but it won't be surprising if one day they find the same person trolling them with their passion or whichever they're good at.

Oh well, this is a normal for btc guys like us when we're asked about certain things with BTC, we're always there to help but knowing that it could just make us disappointed, it's also tiring after realizing that we're already doing too much for others.

Of course part of being alive and a social being (instead of isolated and alone) results with our sometimes having relationships that are frustrating, and surely sometimes we are able to limit the interactions with some of the persons who frustrate us, but sometimes these people are within our circle of friends/relatives and we cannot completely avoid them.. even though sometimes we can establish boundaries or even communicate our boundaries in a way that they might realize that they have to take some actions, such as setting up an account and/or establishing a wallet, yet still if we have already interacted with someone who is overly frustrating us, then we might choose to avoid them in regards to all topics, even if they might show good faith efforts, we might not be interested in interacting with them on the topic of bitcoin and/or other financial and/or personal topics.

Yeah, if they're a close friend and relative, we cannot avoid them. But I'm having gestures if ever someone who's asked me before and then I've genuinely given them everything that I know of and yet they have ignored it maybe a week or a month.

And upon seeing the market ripening again, they'd back. I'm only giving them the answers, the same ones and making them thought of if they have just bought during the time I've talked to them, they're already in profit.

It already has got a lot of information and helpful tips but if you've got some time in updating it, please do so for everyone to learn something new, information or experiences from you.

 There are a couple of the tables that I would like to update, but surely it takes time to do so, and sometimes I am juggling other things and I feel that I am not ready or able to make such updates.  For example, I have my own updated version of the fuck you status chart.. and the one in the thread has not been updated for nearly a year... it still communicates several of the ideas but is missing some of my new information and/or even the updates in the projections.. and there are some other areas too.. but it takes time to go through the various areas and even to decide whether a new thread might be preferred over ongoing updates to posts already made. .in which they are going over several topics at once...

I feel you, just feel free to do it when you've got some time or whenever you just want to. You've already done a lot for those threads. Maybe reposting it into other platforms or making it as an article just to spread it out in different platforms.

[Sonia_123]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

There is no need to be regretting in life we make mistakes and we learn everyday, the question is do you have an income to start your investment, I really do not think there is when it would be too late to invest in bitcoin, because of its volatile nature and the potential of Bitcoin to always Rise, you might probably be regretting not buying when bitcoin was $90k, because it’s now $104k, If you continue to be regretting and blaming yourself for not investing that time you might still end up blaming yourself for not invest when it’s $104 and then it gets to $150k. Bitcoin is very unpredictable that is why it’s good to invest now and hodl for a long time and accumulate consistently.

Of the truth those persons are not ready for Bitcoin investment why boarder yourself about them, they are just there to watch the happenings in the market, so forget about them and focus with your buying and accumulation of your investment.
 A real serious minded investor will keep not be boarded with any other distractions but focus persistently on buying and accumulating for your future.

[MusaPk]

I think that part of my earlier attempted point is that the amount that you need likely remains a moving target.  If you feel that you need 4-5 bitcoin today, then that likely would not be a very accurate calculation if you might have ONLY accumulated 1.5 Bitcoin, and so you are quite a ways from the goal, and so if you are thinking that you will be able to accumulate 4-5  bitcoin in the future - like maybe 10-15 years from now, and so far in your bitcoin journey (let's say nearly 3 years), you have ONLY accumulated 1.5 BTC, then it could be quite difficult to reach 4-5 bitcoin in the next 10-ish years.

On the other hand, if you are close to reaching your goal (such as you have already gotten to 3 BTC in the past nearly 3 years), then sure, it may well well be possible to reach 4-5  bitcoin in the next 4-ish years.  Perhaps? perhaps?

I am a little unclear about your proclaiming that you need 4-5 bitcoin, unless you are already close to reaching such staus, yet if you have gotten close to 4 bitcoin and you are not sure whether 4 or 5 bitcoin is enough, then there is quite a bit of difference between 4 bitcoin and 5 bitcoin, unless you are trying to suggest that you need 4.5 Bitcoin, and if you are close to reaching 4 bitcoin, then it could still take you another year or more to accumulate another 0.5 BTC.

In the meantime the quantity of bitcoin needed is going down for certain salary levels.  I would suspect that a quantity of 4.5 bitcoin in 3 years would be able to support an annual salary of right around $40k per year (even accounting for the ongoing expected debasement of the dollar).

The target of over accumulation is also moving with time because in Dec 2017, Bitcoin was around 19k and anyone setting target at that moment may say that 10 Bitcoins are good enough for him but in Dec 2018 price of Bitcoin went down to 3500$ and for anyone setting target at that time might say 30 are good enough for him. But today price of Bitcoin is 100k, so today we can set a different target.

What I want to say is that price of Bitcoin play an important role in setting our target of over accumulation. If I set a target of 5 Bitcoins today and may be with time Bitcoin price may go exceptionally high, while my discretionary income doesn't increases in proportion with bitcoin price in that case my target of over accumulation will be effected.

[POPOLUV]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

You saying a lot of good things. When the price of Bitcoin goes to the fall, many investors feel unrest and stopped investing. The reason for creating such an environment is that I think they have less confidence or trust in Bitcoin.When the price of Bitcoin rises, they sell and start to buy when the price drops, they are basically a cycle. Real investors are continuing to invest in  because they think Bitcoin will be able to put the highest ATH investors in the sky at one time.

I have invested Bitcoin regularly in my daily life. I think long -term investment, manage regular investment and encourage others without focusing on market instability.

Until investors understand the role of Bitcoin volatility, there would always be panic among them. While price was falling, many investors started panicking which I can understand when it comes to newbies. But for any one who is not new into the game and still panics, it is a clear sign of a Trader. However you judge it, BITCOIN IS NEVER COSTLY AT ANY POINT. Not buying only keeps you away from buying and that goes on. Bitcoin is currently going higher and we are happy.

I really dis agree with this your statement that i underline words above, we that Bitcoin is not predictable but for you say that Bitcoin is never costly at any point, that is were i coat you wrong, you should understand that there a point were Bitcoin price will be higher and those that didn't buy Bitcoin now might regret later of not buying Bitcoin aggressively now that is never too late.

And secondly any investors that have discretionary income and he wants to invest have some one that is guiding him provide the investor is a newbie, there is something you understand that, you can do what you don't have idea, so volatility is word that is so common within investor when it comes to Bitcoin, so there is know need an investors will panic within their self.

[Spaceman1000$]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

There is no need to be regretting in life we make mistakes and we learn everyday, the question is do you have an income to start your investment, I really do not think there is when it would be too late to invest in bitcoin, because of its volatile nature and the potential of Bitcoin to always Rise, you might probably be regretting not buying when bitcoin was $90k, because it’s now $104k, If you continue to be regretting and blaming yourself for not investing that time you might still end up blaming yourself for not invest when it’s $104 and then it gets to $150k. Bitcoin is very unpredictable that is why it’s good to invest now and hodl for a long time and accumulate consistently.

It is also good to remind some persons about the fact that, you mustn't start your investment with $104k as the price is at the moment, Bitcoin is made in a way that you can easily buy fractions using different strategy until you eventually by to your satisfaction, this is so that you don't miss out entirely on the investmen opportunity Bitcoin has presented itself with. The only reason why people express regret is because of the fact that the asset has gone beyond their imagination, present the same opportunity to them today with something else that has potentials, you will still see them still doubt the possibility of that thing growing because they don't have an investment mindset, an investor in most cases is a risk taker, things people don't find comfort in doing, is where he sees as opportunity.

[SilverCryptoBullet]

It is also good to remind some persons about the fact that, you mustn't start your investment with $104k as the price is at the moment, Bitcoin is made in a way that you can easily buy fractions using different strategy until you eventually by to your satisfaction, this is so that you don't miss out entirely on the investmen opportunity Bitcoin has presented itself with. The only reason why people express regret is because of the fact that the asset has gone beyond their imagination, present the same opportunity to them today with something else that has potentials, you will still see them still doubt the possibility of that thing growing because they don't have an investment mindset, an investor in most cases is a risk taker, things people don't find comfort in doing, is where he sees as opportunity.

It is easily to invest in Bitcoin which is truly fungible and it's very different than NFTs. To understand more about fungibility of bitcoin and other amazing technical features it has, people can read this following book.

The bullish case for Bitcoin.

This book is very helpful for people who are newbies in this market or just outsiders who are curious about Bitcoin and want more exploration about it before making decision of joining or not.

Bitcoin fungibility allows people investing their money into Bitcoin even with small capital over time through Dollar Cost Averaging strategy.

[SOKO-DEKE]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

What mostly leads some people into procrastinating is that they listen to what some individuals out there claimthey say they are good at predicting Bitcoin. For example, they might say, Bitcoin will dump to a certain price.If someone gives their ears to these people, they will hardly invest in Bitcoin because they hope to buy it at a lower price. However, nobody can predict the market accurately.That is why people should forget about targeting the market when they want to start investing in Bitcoin. Targeting a specific Bitcoin price can lead someone to miss opportunities, and this has happened to many people. Unfortunately, some still don’t want to learn from the mistakes others have made.

Recently, someone came to ask me for advice. He wanted to invest in Bitcoin, but a few weeks ago, others told him not to because they believed Bitcoin would drop further. I explained to him that nobody can predict whether Bitcoin will dump to that level they mentioned. My advice was to start investing using the DCA (Dollar Cost Averaging) strategy. I also explained how it works.Now, he has started investing, and in fact, he is already in profit! Imagine if he had followed those people's advice that’s how he would have continued procrastinating

To my notice, itt only when you are making reference to altcoins investment, that's when you advice the person to use or invest the money or amount that they can easily let go or lose, that's because altcoins investment usually cause people to lose their money but while investing into Bitcoin, there's every assurance that if the investor can hold their Bitcoin for a long time, they will end up in profit. Instead of advising to invest what they can lose, they should be advised to invest just the amount they can hold for a long term because Bitcoin is a long term investment.

The advice that comes with investing money someone can afford to lose in Bitcoin does not fully mean one should only invest what they can afford to lose. Instead, it means they should invest money that won’t cause significant worry, even if Bitcoin’s price decreases. This refers to funds that someone does not plan to use in the near future.The reason this advice is given is that nobody can accurately predict what will happen with Bitcoin in the future. Despite many people believing that Bitcoin will always perform positively, no one can provide full assurance about its stability.so, even with the advice to invest only what one can afford to lose, seeing what others have invested in Bitcoin can encourage further investment.

[Jostern]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

I believe a lot of procrastinators are now regretting the  fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards  $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.

There is no need to be regretting in life we make mistakes and we learn everyday, the question is do you have an income to start your investment, I really do not think there is when it would be too late to invest in bitcoin, because of its volatile nature and the potential of Bitcoin to always Rise, you might probably be regretting not buying when bitcoin was $90k, because it’s now $104k, If you continue to be regretting and blaming yourself for not investing that time you might still end up blaming yourself for not invest when it’s $104 and then it gets to $150k. Bitcoin is very unpredictable that is why it’s good to invest now and hodl for a long time and accumulate consistently.

It is also good to remind some persons about the fact that, you mustn't start your investment with $104k as the price is at the moment, Bitcoin is made in a way that you can easily buy fractions using different strategy until you eventually by to your satisfaction, this is so that you don't miss out entirely on the investmen opportunity Bitcoin has presented itself with. The only reason why people express regret is because of the fact that the asset has gone beyond their imagination, present the same opportunity to them today with something else that has potentials, you will still see them still doubt the possibility of that thing growing because they don't have an investment mindset, an investor in most cases is a risk taker, things people don't find comfort in doing, is where he sees as opportunity.

In as much as you can buying fraction by fraction one thing is very important is that do you have a source of income to adopt this method instead of purchase in full price, making investments only requires someone who is determined and willing to invest in Bitcoin and hodl for a long term and also have a set out plans and strategies to help build a portfolio, someone who is ignorant of the potential nature of Bitcoin would never have that interest to invest. But people who find themselves in a situation to regret there decisions are people who probably had the interest but because of financial reasons were not able to make an investment and continue to sustain it. As little as your source of income if after taking care of your expenses and you’ve a discretionary funds you can always invest and buy fraction by fraction for someone who have an interest of making a bitcoin investment.