Buy the DIP, and HODL!

[Churchillvv]

I TOOK  a piece. Also set for more dip. 101,700 and 100,700.

Also did a 98,765 order.

Corns added already at 104044. Adding more buy point in a sequence probably your 98kish order is going to trigger an additional order.

[....]

[....]

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

It is totally unacceptable to be making this statement here, You feel you’re making gain by investing in a short term project, when there is a rise in the market you go ahead and sell your Bitcoin and you’re looking for opportunities to make a quick profit, is not the right way of investing in Bitcoin, people who invest in Bitcoin for a short time traders might make profit sometimes when there is a rise in the price value like you said, but I must tell you that the loose is much more than the profit they are making. If you make a short term plan and your intentions are to make a quick profit and buy when it’s low and you’re expecting the price to go up and you invest and experience more dip, don’t you think you have encountered a loss and you’ll definitely panic sell. And bitcoin is volatile and you can’t predict what will happen.

Perhaps we should compare someone that is investing for a short term and trading and taking his profit and when there is a dip in the market they will definitely experience a loose, but someone that is investing for a longer term of 8-10 years that have been holding Bitcoin for this duration of time stands more chance of having a successful Bitcoin portfolio and will experience more profit in Bitcoin than someone who choose to approach a quick trading opportunities it is worth it to be consistent in accumulating consistently when you have a discretionary funds and hodl for a long time.

Well you can think that investing when the price is low and selling high that is for your crypto and your shitcoin, come to think of it your shitcoin and altcoin depends on Bitcoin But that strategy isn’t for Bitcoin investment and not for someone whose goal is to invest in Bitcoin for a long term purpose. And with your style and strategy that you’re emphasizing on I must tell you that you are not an investor but a trader whose only interest is to make a quick profit.

Of course, you're right to an extent but however the bigger part of the mistake is that guys think bitcoin is a get rich quick scheme, however it's not our responsibility to make decisions for anyone, whatever they chooses to do with bitcoin of course they are free to do that but however they shouldn't just run back here screaming in regrets hence causing problems with terms referring bitcoin to crypto or generalising the term crypto to mean shitcoins and bitcoin together hence claiming it's a bad decision to invest in bitcoin.

Hence I wouldn't bother to try to put anyone in a direction which is not their will, although you can if you chose but then it shouldn't be your choice over theirs.

[Merit.s]

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.

It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

I don't know what is your own substantial coin but let me take it that you are talking about bitcoin because this is a bitcoin thread. When you're entering the cryptospace, you don't think more of quick profits because it can mislead you to carry out some certain actions that will lead to great loss and regrets in the long run.

It's better that a new bitcoin investor should not think about profit but focus more on how he can continue accumulating bitcoin and build his portfolio overtime with DCA method. Thinking of buying low and selling high is a trader mentality and not a long term mentality. The beauty about bitcoin investment is for you to see your portfolio increasing in size overtime due to you buying regularly weekly, consistently and persistently for 4-10 years and above and hodli for the future.

Traders will always lose in the long run and will end up being a no coiner or a low coiner in future when bitcoin price will be very expensive, so why do you want deperive/limit yourself from the compounding value of your bitcoin portfolio overtime.

[Zackz5000]

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.

It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

First you need to be more specific so we can actually know the coin you are talking about, secondly you also sound like a trader accumulating Bitcoin when the price is low and sell when it high is trading/gambling, we are talking about bitcoin long time Investment and not some kind of buying and selling stuff.
You can actually be accumulating Bitcoin using the DCA strategy without first waiting for the price to be low before accumulating, the DCA strategy will enable you to accumulate Bitcoin without considering the price of Bitcoin either weekly or monthly and hodl for a period of 4-10 and above instead of buying when the price is low and sell when it goes high chasing little profit.

[JayJuanGee]

[edited out]
You cannot say when the right season will be ready, that is why it is important for you to buy Bitcoin regularly, because if you invest in Bitcoin regularly on a weekly basis, you will definitely be able to make a suitable investment because you will be able to buy deep constantly. If you can invest in Bitcoin regularly, then you will definitely be able to do your market research and buy at any moment because when you calculate the average, your purchase price will definitely decrease.
The DCA method is economical because the more you buy, the more your purchase price will decrease because you will be buying dip constantly. And through this DCA method, you will be able to hold Bitcoin for a long time.

The point is DCA does not bring you cheaper prices, even though it may well be able to allow you to invest into bitcoin in a way that would be the best that you are able to do since many people are not ready, willing or able to lump sum invest into bitcoin, so the better way for them to accommodate their BTC buys to their finances and/or psychology is to DCA buy into bitcoin.

✂️✂️✂️

Yeah, but isn't the DCA strategy allowing guys to tailor their BTC accumulation to their own cashflow situation... so even though we are getting BTC in the process and maybe we are keeping track of how much money we put into BTC and how many BTC we have and how that is valuated, our main advantage in DCA buying seems to revolve around our abilities to tailor our weekly (or whatever other period of buys) to our own cashflows... so even though monitoring our BTC costs and quantities and likely seeing it grow, we might not really get into any position to change our level of BTC accumulation and/or aggressiveness in regards to our bitcoin until after a whole cycle or maybe even two cycles.  Sure, even after one whole cycle, if a guy had been accumulating bitcoin by investing 15% or more of his income into bitcoin, he may well start to see that he is getting towards having 60% or more of his income invested into bitcoin, and there could some assessment regarding the extent to which the bitcoin price might have changed during that time, too... and surely also any guy who is able to front load his bitcoin investment and even get a whole year's income or more into bitcoin within the first whole cycle, then he also might find himself at a higher level of accumulation in which he is also considering the size of his BTC stash and how that might relate to any additional bitcoin buys that he might make into the future and whether he might consider either moving away from DCA and/or changing the level of his aggressiveness in terms of his bitcoin buys.

Sure, the DCA strategy allows investors to actually align their Bitcoin accumulation with their cash flow, which actually provides the investor with a more disciplined approach to invest. When investors prioritizes investing a fixed amount at specific/regular intervals, it gives them more flexibility, helps them avoid timing risks and of course reduce the impact of temporary market volatility and fluctuations.

You're also very correct about the main advantage of the DCA strategy lying in its ability to accommodate an investor's cash flow situation. They're reserved with the right to actually tailor their purchases to their current financial capacity, and this is why it is mostly considered a sustainable long term strategy.
Yes, while it's  crucial to monitor Bitcoin costs and quantities, it is also important to note that the decision to decision to adjust accumulation levels or aggressiveness may only arise after a market cycle has been completed or maybe even longer.

The portion of income a guy decides to invest in Bitcoin can become quite significant over time, particularly if the percentage invested by the individual is quite substantial. And the more Bitcoin price fluctuates, that's the more investors may need to reassess their strategies, which of course they may need to first consider the size of their Bitcoin holdings and also the potential subsequent purchases.

Investors who choose to front load their investments might reach a position where it becomes crucial for them to re-evaluate their approach, use that opportunity to readjust their aggressiveness or possibly attempt considering other strategies too. I believe the main takeaway point here is that, the DCA strategy offer investors a sort of a flexible framework to accumulate Bitcoin while also effectively managing other areas of their finances.

I think that we are saying very similar things, yet you seem to be saying some of it differently from me.

I think that we monitor our cost per BTC and our overall profits and how many bitcoin we have on an ongoing basis, yet those kinds of measures are likely not necessary to motivate us in the beginning of our bitcoin accumulation journey in terms of our ongoing buying behaviors in which we are trying to make sure that our cashflows are in such a state that we are able to invest into bitcoin as aggressively as our cashflow management allows us to do....

Sure the longer that we are accumulating bitcoin then the size of our overall BTC stash may well influence the extent to which we might modify our approach.. yet i still doubt that the BTC price is motivating us as much as the size of our BTC stash, yet sure it can be a combination of both, so it can be difficult to really say what everyone is doing or should be doing, even though we likely realize that in the very beginning, each of us likely should be buying at any price perhaps for a whole cycle and maybe even up to two whole cycles of having that kind of mostly price insensitive focus.

Yet, at the same time, there is frequently going to be some kind of motivation to be able to buy more BTC (sats) with the same quantity of dollars, whether the buys are weekly or some other reasonable time interval.

It still seems to me that a more strict DCA approach will end up allowing us to tailor our quantity of BTC buys to our cashflows and not to the BTC price, and sure after several years, perhaps a cycle or two of ongoing accumulation of bitcoin, then our BTC holdings end up being in profits largely based on the inclination of the BTC price to go up and down, yet overall the BTC price is generally tending to go up (or at least the odds of up continue to be in its favor based on the decentralized digital scarcity of bitcoin's design and implementation).

Going $103,700 lower from the ATH of $112K is not a much fall but just a fair correction which has given an advantage to buy at a little DIP price considering the ATH it got. I even want the price to fall below $100k so that i can buy more DIPs before the price begins to skyrocket again because even as the price is falling, market indications still give promising signs of a possible retracement back to $112k ATH and above. Buying few more sats before the price rebounds isn't gonna be a bad move.

As far as Bitcoin is still within $100k even though it decline further to $90k, we are still on point, for me, I understand what is mean by price retracing it can happen anytime if you truly understand how Bitcoin price works, I think I should be much bothered about how much I have accumulated than giving worries to something I can't control, at this time all bitcoiners including newbies should increase there DCA level if they can, from the start may of us undertand the effect of volatility and his sister price fluctuation so why would be we even entertain fair or panick when we already know that changes can occur in a twinkle of eye, those that are complaining about the market presently aren't being sincere if they are for us or against us I said this because a long-term investor can never be worried about the decline in price of Bitcoin, he'll even see it as an opportunity to keep getting the needful done, let's get so busy with our accumulation instead of making it look as if we haven't experienced the current events before.

I doubt that it is fruitful to be considering increasing bitcoin accumulation aggressiveness based on price drops such as the one in the past week and a half, yet rather increasing bitcoin accumulation aggressiveness based on time and perhaps some level of presumption that 4-10 years or longer into the future, we will be thanking our earlier selves to the extent that we were aggressive in our bitcoin accumulation (rather than whimpy) in our earlier times into bitcoin... so even though it may well be the case that we make more money in the future (in the event that we might be increasing our income with the passage of time), there still would likely have had been some value in structuring our bitcoin buys aggressively as we can even if our income might not be as high as we expect it to be in the future.. which also could include a kind of front-loading mindset.

Sure, there can be some possible disadvantages to a front-loading mindset, especially if the BTC price drops, yet if our bitcoin investing timeline is greater, such as 4-10 years or longer, then we may well end up being more rewarded by having an aggressive bitcoin approach rather than having a waiting mindset that might end up gravitating towards bitcoin price dips that might not end up happening.

None of these need to be considered as "all or nothing" mindsets, since surely many of us realize that we are likely able to have 1) regular BTC buys, such as every week (we can even attempt to strategize to buy dips with those regular weekly buys) and 2) we can save some portion of our weekly discretionary income for buying dips (hopefully the percentage is not too high for buying dips rather than regular DCAs, especially in the beginning of our bitcoin accumulation journey). 

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.

It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

Am seriously disappointed in what you are saying here, this thread is mainly meant for Bitcoin investors, and those that are seeking knowledge on how to invest in Bitcoin, not buying or selling of any higher quantities of shitty alt and meme coin.
You have been in the forum since 2017, but you have still not learn or understand that investing in alt or meme wether it's a dip or not is a terrible idea, because due to it shitty nature, it might never recover again once it fell, because they fell more than they rise, so take this trading mindset or shitty idea on how to buy alt or meme coin out of this thread, because Bitcoin is the only worthy asset to invest in, not all this nonsense you are talking about.

You may be correct Futurexxx that harapan seems distracted by both trading and even potentially shitcoins, even though surely there could be some value if we have BTC dips and we consider that we keep buying BTC because our BTC holdings are largely in the negative, yet with bitcoin if we are making all time highs in recent times, then it becomes way less likely that our coins dip into the negative without some kind of a substantial dip.. such as 10-30% or greater. 

So sometimes in some sense, it can be easier psychologically to buy BTC when the price is dipping as compared with buying when the price is going up.. which likely brings us back to a need to just keep buying and not to look at the price... at least in the beginning whole cycle or maybe longer.

Another thing that I frequently like to suggest is that our psychology can likely improve with our placing better and better finances (cashflow management and back up funds) in place, so if we are already aware that we should be buying bitcoin no matter what for a whole cycle or more, then we have also put ourselves into a financial position where we are able to carry out such measures of ongoing buying, then our psychology should not be affected by dips in the BTC price except seeing that our buys during such dip periods are getting us more sats for the same amount of dollars.

[sotelorene]

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.

It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

You are getting something twisted here dude, the fact that buying at low price will help boost or catapult one investment doesn't mean an investor should practice that,  an Investor should not take buying at low price as priority because it will distract and make them not to invest regularly or invest at all. The DCA method is always there to help us investors regardless of the price of the market but while an investor is investing with the DCA he or she is at same time preparing for the Dip ( saving up money to use an double there investment or front load when the Dip comes) and that is what a real investor should do instead of targeting when the price will go down without investing at all. People who actually target the Dip are traders so that they can sell when there is uptrend which is not even certain that the price will surge immediately after Dip.

[Tungbulu]

[edited out]
You cannot say when the right season will be ready, that is why it is important for you to buy Bitcoin regularly, because if you invest in Bitcoin regularly on a weekly basis, you will definitely be able to make a suitable investment because you will be able to buy deep constantly. If you can invest in Bitcoin regularly, then you will definitely be able to do your market research and buy at any moment because when you calculate the average, your purchase price will definitely decrease.
The DCA method is economical because the more you buy, the more your purchase price will decrease because you will be buying dip constantly. And through this DCA method, you will be able to hold Bitcoin for a long time.

The point is DCA does not bring you cheaper prices, even though it may well be able to allow you to invest into bitcoin in a way that would be the best that you are able to do since many people are not ready, willing or able to lump sum invest into bitcoin, so the better way for them to accommodate their BTC buys to their finances and/or psychology is to DCA buy into bitcoin.

✂️✂️✂️

Yeah, but isn't the DCA strategy allowing guys to tailor their BTC accumulation to their own cashflow situation... so even though we are getting BTC in the process and maybe we are keeping track of how much money we put into BTC and how many BTC we have and how that is valuated, our main advantage in DCA buying seems to revolve around our abilities to tailor our weekly (or whatever other period of buys) to our own cashflows... so even though monitoring our BTC costs and quantities and likely seeing it grow, we might not really get into any position to change our level of BTC accumulation and/or aggressiveness in regards to our bitcoin until after a whole cycle or maybe even two cycles.  Sure, even after one whole cycle, if a guy had been accumulating bitcoin by investing 15% or more of his income into bitcoin, he may well start to see that he is getting towards having 60% or more of his income invested into bitcoin, and there could some assessment regarding the extent to which the bitcoin price might have changed during that time, too... and surely also any guy who is able to front load his bitcoin investment and even get a whole year's income or more into bitcoin within the first whole cycle, then he also might find himself at a higher level of accumulation in which he is also considering the size of his BTC stash and how that might relate to any additional bitcoin buys that he might make into the future and whether he might consider either moving away from DCA and/or changing the level of his aggressiveness in terms of his bitcoin buys.

✂️✂️✂️

I think that we are saying very similar things, yet you seem to be saying some of it differently from me.

I think that we monitor our cost per BTC and our overall profits and how many bitcoin we have on an ongoing basis, yet those kinds of measures are likely not necessary to motivate us in the beginning of our bitcoin accumulation journey in terms of our ongoing buying behaviors in which we are trying to make sure that our cashflows are in such a state that we are able to invest into bitcoin as aggressively as our cashflow management allows us to do....

Sure the longer that we are accumulating bitcoin then the size of our overall BTC stash may well influence the extent to which we might modify our approach.. yet i still doubt that the BTC price is motivating us as much as the size of our BTC stash, yet sure it can be a combination of both, so it can be difficult to really say what everyone is doing or should be doing, even though we likely realize that in the very beginning, each of us likely should be buying at any price perhaps for a whole cycle and maybe even up to two whole cycles of having that kind of mostly price insensitive focus.

Yet, at the same time, there is frequently going to be some kind of motivation to be able to buy more BTC (sats) with the same quantity of dollars, whether the buys are weekly or some other reasonable time interval.

It still seems to me that a more strict DCA approach will end up allowing us to tailor our quantity of BTC buys to our cashflows and not to the BTC price, and sure after several years, perhaps a cycle or two of ongoing accumulation of bitcoin, then our BTC holdings end up being in profits largely based on the inclination of the BTC price to go up and down, yet overall the BTC price is generally tending to go up (or at least the odds of up continue to be in its favor based on the decentralized digital scarcity of bitcoin's design and implementation).

I believe we are actually on the same page, I'm simply just looking at it from slightly different angles. I totally agree with you that cash flow management is key when starting any Bitcoin accumulation journey, and some investors are pretty much concentrated on accumulating as aggressively as possible within their means. And when it also comes to monitoring costs and profits, it's more of an ongoing thing, it's also agreeable that the actual size of one's Bitcoin holdings can serve as a major motivation in the long run.

While it's also true that Bitcoin's price does actually play a role, but when we look at it carefully, we'll realize that it's not the major driver. There are investors who are much more focused on just accumulating as much Bitcoin as they can, while there are also investors who often get caught up in the price action. An investor's desire to acquire more sats with the same amount of dollars can actually be considered to be a natural motivator, but engaging in a strict DCA strategy can actually help the investor keep things in check and tied to cash flow, instead of the price volatility.

In the long run, we tend to realize that the profits that comes from Bitcoin holdings can actually become quite a big factor, and no matter how hard we may try, it'll still be pretty hard to try to ignore the overall trend of the price actually going up you know. We can also identify Decentralized digital scarcity as quite a powerful drive of the asset's value and there's every possibility of this turning out to positively influence the price too.
In the long run, we get to understand that it's just all about finding a balance between accumulating Bitcoin and simultaneously managing one's cash flow. And a consistent and disciplined DCA strategy can actually be the easiest way to achieve this.

[Salahmu]

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

By substantial do you mean the coins that is very weak and unreliable which is altcoins? Or you are actually talking about Bitcoin?, however Bitcoin is not a substantial asset but a quality one. Your advise might be considered opposing to the role of investment people are doing here because when everyone is on the long term objective and you  suggest different thing that might not help the objective of such investors it is seen to be inappropriate advise, buying and selling is not always the right thing, profit is good but of what cost?, you might have a profit now but doesn't have your capital again tomorrow.

[Gost ms]

Going $103,700 lower from the ATH of $112K is not a much fall but just a fair correction which has given an advantage to buy at a little DIP price considering the ATH it got. I even want the price to fall below $100k so that i can buy more DIPs before the price begins to skyrocket again because even as the price is falling, market indications still give promising signs of a possible retracement back to $112k ATH and above. Buying few more sats before the price rebounds isn't gonna be a bad move.

If a new or old investor can understand what will happen in the Bitcoin market after the fall, then he will not be too scared and will be able to take advantage of the fall. Because after every fall, Bitcoin has a new ATH. For example, we saw a big fall in the market a few days ago, the fall was recorded and brought a new ATH. The Bitcoin market is very volatile and whenever there is a fall, we get an opportunity to buy DIP. Of course, past performance does not determine the future results. However, these support that Bitcoin is in its initial stage. I think Bitcoin is still in its initial stage. Because about 1% of the world uses or invests in Bitcoin. There are still many people who are not familiar with Bitcoin. As time goes by, everyone is getting familiar with Bitcoin and investing in Bitcoin. Never get restless after seeing a fall, always try to use the fall and try to use the fall.

It is always better for an investor to buy using DCA method. Because if you buy using DCA method then you can buy at this level price. If you see DIP then don't panic and try to buy aggressively.

[Nheer]

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

By substantial do you mean the coins that is very weak and unreliable which is altcoins? Or you are actually talking about Bitcoin?, however Bitcoin is not a substantial asset but a quality one. Your advise might be considered opposing to the role of investment people are doing here because when everyone is on the long term objective and you  suggest different thing that might not help the objective of such investors it is seen to be inappropriate advise, buying and selling is not always the right thing, profit is good but of what cost?, you might have a profit now but doesn't have your capital again tomorrow.

I think by substantial he means a valuable coin so my guess is that he is referring to Bitcoin. He is not just opposing what people are doing here but he is opposing the ideal investment plan for all investors.
A Bitcoin investor shouldn't be thinking of or bothered about selling them because long term holding is the real deal, instead how to accumulate more should be the priority.  You should understand that selling will make you miss out on future gains when the price increases since Bitcoin value is known to increase over time and also that means buying back will cost you more.

[Tonimez]

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

By substantial do you mean the coins that is very weak and unreliable which is altcoins? Or you are actually talking about Bitcoin?, however Bitcoin is not a substantial asset but a quality one. Your advise might be considered opposing to the role of investment people are doing here because when everyone is on the long term objective and you  suggest different thing that might not help the objective of such investors it is seen to be inappropriate advise, buying and selling is not always the right thing, profit is good but of what cost?, you might have a profit now but doesn't have your capital again tomorrow.

I think by substantial he means a valuable coin so my guess is that he is referring to Bitcoin. He is not just opposing what people are doing here but he is opposing the ideal investment plan for all investors.
A Bitcoin investor shouldn't be thinking of or bothered about selling them because long term holding is the real deal, instead how to accumulate more should be the priority.  You should understand that selling will make you miss out on future gains when the price increases since Bitcoin value is known to increase over time and also that means buying back will cost you more.

The first thing that matters is your intention to invest. A long-term investment of bitcoin starts from your first investment. An investor who aims at long-term first plans his finances, separates his funds and notes his discretionary income. Knowing fully well that he's investing to hold, he invests only a percentage of the discretionary income which he can afford to do without in a shorter or longer term. this allows you keep your mind off your bitcoin stash and paves ware for long term holding. Most panic sellers already planned their withdrawal before investment. Some claims to be investors while in the real sense, they are traders.

[Bitcoin.com97]

I think you are giving much emphasis to the wrong aspect of unrealistic bitcoin speculations by non investors and traders. If you are Really referring to bitcoin investment, then you might be wrong about a person loosing all his funds. Bitcoin investment is a long term practice and records have not had such investors regret holding their funds.

You all got it wrong and tried to correct me, I appreciate it but I can not take your messages for my practice.

Investment in long term and holding for long term are very good but to do it well, you must have proper start that has many necessary conditions behind and if you lack them, you will very possibly get big troubles later. Then, even if you determinantly with your plan, want to invest and hold, you will simply not be able to do this. Oppositely and unfortunately, you might have to sell when you don't want to do that deeply in your mind, and do it for losses.

Another thing is storing your bitcoin safely for holding, and if you do it wrongly, your holding practice can turn to be a nightmare as well.

Your points are valid, long term investment requires proper planning and preparation, that is why we are ask to use our discretionary income , and make sure we have reserved funds also ,  so one need to understand the potential risk and strategies on how to minimize losses or negative impact, and one also need to ensure they have stable financial foundation to withstand market volatility , so that you won’t sell your bitcoin ,the whole essence is to buy and hold for longer period in other to have a substantial profit at the end of your investment.

[Taskford]

Going $103,700 lower from the ATH of $112K is not a much fall but just a fair correction which has given an advantage to buy at a little DIP price considering the ATH it got. I even want the price to fall below $100k so that i can buy more DIPs before the price begins to skyrocket again because even as the price is falling, market indications still give promising signs of a possible retracement back to $112k ATH and above. Buying few more sats before the price rebounds isn't gonna be a bad move.

Bitcoin is said to have fallen, but when you look at the price it's still above 104k dollars. If you look weekly, it's still better than the previous weeks. There is no point in waiting for Bitcoin to fall. Above $100k, you see how solid it is. The longer it stays around here, the stronger it gets. It fell 4 days in a row, but today it's on the rise, and it's still above 100k. There is no need to wait too long, buy as long as you get cash money. Otherwise, you will not know where DIP is. I say this for those with regular cash flow of course.

What about for those with irregular cash flow? Whether those with regular cash flow or those without regular cash flow they should all buy at whenever their is an availability of their investment money, considering the nature of the market at all times waiting is never a good strategy and shouldn't be make use of primarily especially for a low or no coiner that should be buying consistently and aggressively without over doing it, we can be tactical about making such reservations for buying the dip rather than buying right away since there are trade offs about knowing if the dip may or may not happen.

Its like they are saying that Bitcoin investment is only for those rich or financial capable. Since somehow even those people who have irregular cash flow can still invest with it as long as they are fully committed for long term and don't have plans to sell their Bitcoin.

For sure lots of things to learn and what people need is take action when they have chance to do it since we cannot turn back the time since for sure that people would regret not buying especially if they see Bitcoin price pumps for more in future. Strategies and other tactics can be learned later on also its important for people to have guts to start right away because if they wait or doubt because they are not stable then for sure that this feeling would not give them a good result.

[Sticky Bomb]

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.

It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.

When you speak of substantial, sure you should know you'll be proclaiming about value, size and importance and these should not be related to shitcoins in any way, when you talk about value, bitcoin is the most valuable coin and in its core features it is a store of value and a hedge against inflation and currency depreciation. When you speak of size, bitcoin is better accumulated to have a larger stash of it in your portfolio in so you can have a better chance at securing your financial future and in terms of importance and quality, you can agree with me that no shitcoin comes close. Having said this, bitcoin is the substantial coin that you can have some high level of conviction that it would get profitable for you. Other shitcoins can be rugged anytime and you'll be left to lick your wounds.

[LGD2Business]

What about for those with irregular cash flow? Whether those with regular cash flow or those without regular cash flow they should all buy at whenever their is an availability of their investment money, considering the nature of the market at all times waiting is never a good strategy and shouldn't be make use of primarily especially for a low or no coiner that should be buying consistently and aggressively without over doing it, we can be tactical about making such reservations for buying the dip rather than buying right away since there are trade offs about knowing if the dip may or may not happen.

There's nothing logical about what you're saying. How should a man without money buy Bitcoin? How should a man without money invest? Should people rob banks? Or should they take out loans and get into risky businesses? People without money cannot invest. First of all, you have to make money so you can invest. Those who take loans have always been on the losing side.
There is no guarantee that Bitcoin will rise more than loan rates. People should first find a source of income and then save money and buy Bitcoin with it. If a man with no money tries to invest in the way you say, he may have to sell Bitcoins at a price he doesn't want when the time comes to pay back his debt and he may even lose money because of it.

[Tmoonz]

What about for those with irregular cash flow? Whether those with regular cash flow or those without regular cash flow they should all buy at whenever their is an availability of their investment money, considering the nature of the market at all times waiting is never a good strategy and shouldn't be make use of primarily especially for a low or no coiner that should be buying consistently and aggressively without over doing it, we can be tactical about making such reservations for buying the dip rather than buying right away since there are trade offs about knowing if the dip may or may not happen.

There's nothing logical about what you're saying. How should a man without money buy Bitcoin? How should a man without money invest? Should people rob banks? Or should they take out loans and get into risky businesses? People without money cannot invest. First of all, you have to make money so you can invest. Those who take loans have always been on the losing side.
There is no guarantee that Bitcoin will rise more than loan rates. People should first find a source of income and then save money and buy Bitcoin with it. If a man with no money tries to invest in the way you say, he may have to sell Bitcoins at a price he doesn't want when the time comes to pay back his debt and he may even lose money because of it.

Apparently it seems that you don't comprehend the indepth of my post or maybe you are among those that encourages the mindset of saying that until I have a strong source of income I will not invest in Bitcoin when all we needed to figure out is only if we have a discretionary income to invest, my assertion was that even those with an irregular income flow can invest in to Bitcoin right away with the DCA strategy rather than waiting for a dip that may or may not happen provided that there is an availability of a discretionary income at some point in their life, for those with an irregular income source at any point they discover that they don't have a discretionary income to invest they can pause their investment and continue whenever they have. Secondly, It is old fashioned to save money before buying Bitcoin perhaps you are not buying a whole bitcon but a fraction with the dca strategy, you can be saving money and something else can come up and divert your attention of buying Bitcoin, buying right away has always been the best provided that the money is discretionary income no matter how small it could be you can start and increase it later.

[LGD2Business]

Apparently it seems that you don't comprehend the indepth of my post or maybe you are among those that encourages the mindset of saying that until I have a strong source of income I will not invest in Bitcoin when all we needed to figure out is only if we have a discretionary income to invest, my assertion was that even those with an irregular income flow can invest in to Bitcoin right away with the DCA strategy rather than waiting for a dip that may or may not happen provided that there is an availability of a discretionary income at some point in their life, for those with an irregular income source at any point they discover that they don't have a discretionary income to invest they can pause their investment and continue whenever they have. Secondly, It is old fashioned to save money before buying Bitcoin perhaps you are not buying a whole bitcon but a fraction with the dca strategy.

I guess you can't understand what is written, or you are in the mode of responding without reading carefully. I suggest you reread the first message you responded to. People can't invest without a source of income. Unless you have found a way to create money out of thin air, your suggestion is invalid. How do you think a person with no income can buy Bitcoin? Saving money means putting money aside for investment, there is no timeline stated here. You can buy Bitcoin as soon as you have money to spare. The fact that you have to explain something so simple gives the impression that you are a person who can't understand what you read but only writes to give the answer you have in mind.

[DubemIfedigbo001]

Going $103,700 lower from the ATH of $112K is not a much fall but just a fair correction which has given an advantage to buy at a little DIP price considering the ATH it got. I even want the price to fall below $100k so that i can buy more DIPs before the price begins to skyrocket again because even as the price is falling, market indications still give promising signs of a possible retracement back to $112k ATH and above. Buying few more sats before the price rebounds isn't gonna be a bad move.

Bitcoin is said to have fallen, but when you look at the price it's still above 104k dollars. If you look weekly, it's still better than the previous weeks. There is no point in waiting for Bitcoin to fall. Above $100k, you see how solid it is. The longer it stays around here, the stronger it gets. It fell 4 days in a row, but today it's on the rise, and it's still above 100k. There is no need to wait too long, buy as long as you get cash money. Otherwise, you will not know where DIP is. I say this for those with regular cash flow of course.

What about for those with irregular cash flow? Whether those with regular cash flow or those without regular cash flow they should all buy at whenever their is an availability of their investment money, considering the nature of the market at all times waiting is never a good strategy and shouldn't be make use of primarily especially for a low or no coiner that should be buying consistently and aggressively without over doing it, we can be tactical about making such reservations for buying the dip rather than buying right away since there are trade offs about knowing if the dip may or may not happen.

Its like they are saying that Bitcoin investment is only for those rich or financial capable. Since somehow even those people who have irregular cash flow can still invest with it as long as they are fully committed for long term and don't have plans to sell their Bitcoin.

In my own understanding, periodic purchases of bitcoin shouldn't follow a particular pattern, but tailored to the income pattern of the investor.  For example, some people might have discretionary income available weekly, monthly, quarterly or even randomly. In each case, what is very important is that you maintain the percentage of your discretionary income you always invest into bitcoin at such intervals when you receive inflows and can spread the inflow across weeks if you wish or even lump sum with everything when it is available.

For example, in the case of someone who is a salaried person and gets his funds by month end, when he gets his income, he can remove his expenses for the month, bring out the percentage of his discretionary income he invests into bitcoin, divides it into 4 places and spread it across the month on a weekly basics. He also uses the remnants for other variances of backup funds including emergency income and floating cash.

Again for someone with an irregular cashflow, all he needs is to have a percentage of his discretionary income he invests into bitcoin and wen his funds come around, he invests that percentage immediately or spreads it across a period in time, while he still builds backup funds too.

[Sticky Bomb]

Apparently it seems that you don't comprehend the indepth of my post or maybe you are among those that encourages the mindset of saying that until I have a strong source of income I will not invest in Bitcoin when all we needed to figure out is only if we have a discretionary income to invest, my assertion was that even those with an irregular income flow can invest in to Bitcoin right away with the DCA strategy rather than waiting for a dip that may or may not happen provided that there is an availability of a discretionary income at some point in their life, for those with an irregular income source at any point they discover that they don't have a discretionary income to invest they can pause their investment and continue whenever they have. Secondly, It is old fashioned to save money before buying Bitcoin perhaps you are not buying a whole bitcon but a fraction with the dca strategy.

I guess you can't understand what is written, or you are in the mode of responding without reading carefully. I suggest you reread the first message you responded to. People can't invest without a source of income. Unless you have found a way to create money out of thin air, your suggestion is invalid. How do you think a person with no income can buy Bitcoin? Saving money means putting money aside for investment, there is no timeline stated here. You can buy Bitcoin as soon as you have money to spare. The fact that you have to explain something so simple gives the impression that you are a person who can't understand what you read but only writes to give the answer you have in mind.

From what I can see and understand, you are the one misunderstanding Tmoonz, he's coming from an angle of investors with irregular cashflow and their ability to continue accumulating BTC regardless of the  randomness of their income availability as long as they have discretionary income from their income at any intervals it becomes available and he is not in any way saying that those that do not have a source of income should buy bitcoin.

It is safe to tell you that not everyone that has a source of income would have discretionary income after removing expenses budget from total income and for some people, the funds they make is not even enough to take care of their expenses, so your ability to invest into bitcoin is largely dependent on the availability of discretionary income.

[LGD2Business]

From what I can see and understand, you are the one misunderstanding Tmoonz, he's coming from an angle of irregular cashflow and their ability to continue accumulating BTC regardless of the  randomness of their income availability as long as they have discretionary income from their income at any intervals it becomes available and he is not in any way saying that those that do not have a sourceof income should buy bitcoin.

It is safe to tell you that not everyone that has a source of income would have discretionary income after removing expenses budget and for some people, the funds they make is not even enough to take care of their expenses, so your ability to invest into bitcoin is largely dependent on the availability of discretionary income.

He was the one who quoted and responded to my message, but what he said had nothing to do with what I said. You should go back to the beginning of the discussion. He says for someone with no income to invest, but he doesn't say where the money will come from. If you look at what I said at the beginning, I said that people should buy Bitcoin with any money they don't need, and they shouldn't wait to invest. Are you against that? Someone who doesn't have a regular income can't do that because they don't know when they need that money and they might have to sell it when they don't want to, that may cost them to lose more money. I think that's clear enough.

[Sim_card]

From what I can see and understand, you are the one misunderstanding Tmoonz, he's coming from an angle of irregular cashflow and their ability to continue accumulating BTC regardless of the  randomness of their income availability as long as they have discretionary income from their income at any intervals it becomes available and he is not in any way saying that those that do not have a sourceof income should buy bitcoin.

It is safe to tell you that not everyone that has a source of income would have discretionary income after removing expenses budget and for some people, the funds they make is not even enough to take care of their expenses, so your ability to invest into bitcoin is largely dependent on the availability of discretionary income.

He was the one who quoted and responded to my message, but what he said had nothing to do with what I said. You should go back to the beginning of the discussion. He says for someone with no income to invest, but he doesn't say where the money will come from. If you look at what I said at the beginning, I said that people should buy Bitcoin with any money they don't need, and they shouldn't wait to invest. Are you against that? Someone who doesn't have a regular income can't do that because they don't know when they need that money and they might have to sell it when they don't want to, that may cost them to lose more money. I think that's clear enough.

Someone without a regular or stable income can still invest in bitcoin if he has his discretionary available. To cut the whole story short, a man can win a jackpot and invest in bitcoin with DCA overtime by using his discretionary income from his win to buy bitcoin and spread it in various weeks. Everything boils down to the investor and his financial management skills.

Another example is a contractor. We know that contractors don't have contractors all the time, sometimes contracts keep coming often and sometimes once in 3,6 or 12 months. Such person can still invest in bitcoin after he has been paid for his contract. He can take out all his expenses and monthly needs out from his funds and use his discretionary income to DCA and spread it out into various weeks overtime.

The point line is that anybody with a discretionary income can invest in bitcoin and build his portfolio overtime and hodli, it's not compulsory that must have a regular income and this is where some people get it wrong by preventing themselves to start their bitcoin investment.