Buy the DIP, and HODL!

[ejikeme24]

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

[JayJuanGee]

As I check Bitcoin's price and see that it has surged to another ALL TIME HIGH, I feel both happy and SAD.
Why?
Because the more it surges higher and higher from here, the higher possibility that we may never have the opportunity to buy Bitcoin below $100,000 again.

My next major Bitcoin purchase will be below $100,000 IF we are lucky to see it there again.

You should have regrets for waiting rather than buying, yet of course, when to wait and when to buy are personal choices.. and hopefully you were not sitting on too much cash waiting for a dip that did not end up happening.

Surely everyone is entitled to decide when to buy and when not to buy, is a personal choice since we weren't the one providing the money for them, but talking about purchasing when the value will drop to $100,000 are you sure if this will happen any time soon? Probably, probably, but I still doubt it if the value will fall below $100,000 anytime soon. Except you will have to exercise patient until this happens, I wonder how long you will keep expecting this to come...I just pray you don't end up regretting.

Yes.  Wind_FURY has been frequently preaching this idea of waiting for dips, which many times seems to have had negative consequences for him, even though he refuses to admit it.

Sometimes waiting for a dip does end up working out quite well, but many times guys put themselves into a wrong mindset when they may well could have had made much greater progress towards reaching their BTC accumulation goals by having had regularly, persistently, consistently ongoingly and perhaps even aggressively been stacking bitcoin.

So,  yeah of course, each of us has to decide our own balances and go through the consequences of our actions and/or our inactions.

For sure sometimes the BTC price ends up dipping great amounts, such as 30% to 60% or more, and frequently during those times we wished that we had more cash to buy, and we might even regret some of our buys at higher prices, yet each of us still has to figure out what kind of a balance that we are going to make, and surely there are some guys who set a regular weekly buy schedule and they might hold some amount (maybe 20% of that amount) that they hold on the side for buying dips, so that buying dip amount might grow and grow and grow in terms of what criteria (such as how much dip) might be needed before some or all of the funds would come available for buying such dips.

Each of us has to answer and balance these kinds of pros and cons for ourselves and be willing to live with the outcomes of such actions/inactions.

We had plenty of time, say since 2015 if they were earlier, or since 2017 when the Bitcoin hype was all over the world. We had plenty of time to buy Bitcoin for half a decade and accumulate it at a low price. But what did we do then?

While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.

Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.

As long as we mostly errored on the side of ongoing buying and holding and not selling bitcoin, then we likely are in a good place today.  Mistakes are made, and some mistakes are BIGGER than others..... so hopefully no matter our levels of mistakes we had come to realize some decently good BTC accumulating practices and stuck with them until perhaps we might get to overaccumualtion status or close to being at such status... then we might consider changing our BTC accumulation approach.

If good conditions like this continue until the end of the year, Bitcoin will certainly make more ATHs every month.

Bitcoin prices are not guaranteed to go up.

Waiting for the BTCprice to fall to invest isn't bad, it's good to buy when it's cheap, but BTC keeps rising, Can you imagine it reaching $200k? I know it's a long way off, but BTC always surprises, I recommend buying gradually, using the DCA method, regardless of the price, but rather consistently.

Waiting for dip explicitly before buying is bad for someone still very early into his accumulation journey since he doesn't have a decent portfolio, he should show more dedication and seriousness by purchasing consistently, with commitment and even aggressively as is within his means. You can save funds separately to buy the dip when it presents itself and it shouldn't prevent your regular buys.

Let's imagine that bear season is next year or more, the investor relaxes and waits until then  before buying Bitcoin while he has discretionary income? It's a big mistake and he would end up wasting a lot of time that he would've used to accumulate some good stashes of Bitcoin for himself and most times those wait times brings about negative energies and perceptions which might see the person end up not even investing at all, then when BTC gets very expensive, he starts regretting that he missed out because of procrastination.

Part of the problem in waiting for dips is that we never can really know if the price is going to dip or not, and surely there are benefits from buying bitcoin at lower prices since we end up getting more sats for the same quantity of dollars (fiat), so if we keep stacking and stacking and stacking, we can feel some benefits from any of the BTC that we bought at lower prices, yet we still have difficulties to know if the BTC price will go lower so we may well be better off to just keep buying regularly and making progress towards ongoingly building up the size of our BTC stash.

Let's say that every week we are buying $100 in bitcoin, and we are saving $20 on the side in case there might be a dip... So we might have some criteria for buying the dip in terms of how much of a dip and how much we will buy, but if our dip size does not happen after 3 months, then we may well have 12 weeks worth of dip money - ie $240 stacked up and waiting for a dip.

We could choose to modify some of our dip rules, and surely we have options by having that extra money building up, so we are not necessarily prejudiced by having the dip fund building up, so long as we are also regularly buying, and let's say all of a sudden we receive an extra $2.5k payment (like a bonus or we did some side work that generated the extra income), and so then all of a sudden we have an extra $2,500, which is equivalent to half a year of our DCA amount.  So perhaps we can decide to buy right away with some of it.. perhaps 1/3 $733, add to our DCA with 1/3 $733, and maybe we decide to put the remaining 1/3 $733 in our "buy on dip fund".. so we have systems in place that we are following and we can adjust what we are doing from time to time and we can allow our BTC stack size and our existing practices to help to influence us regarding what to do and how to prioritize what we do within our own psychological preferences.

[ChocolateBitcoinK]

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

Those who are still waiting to buy the dip, they should understand that this is not like a lottery. that you will become rich overnight just if you buy a dip, Consistency is the most important thing here, the current opportunity that you are missing to buy a small dip, That's something you'll regret for not getting back that opportunity in the future. Those who are investing in Bitcoin consistently will be able to achieve real success in the future. The price never moves as expected, so there is no guarantee that the dip you are waiting for will ever come, that is, instead of relying on uncertain things, it is a responsible decision to take advantage of the current opportunity. In fact, many people cannot maintain consistency in investing and this is why it is said that Bitcoin investment is not for everyone, those who have truly understood DCA and are patiently following DCA and investing, Bitcoin is definitely capable of bringing amazing results to them.

[Merit.s]

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

Those who are still waiting to buy the dip, they should understand that this is not like a lottery. that you will become rich overnight just if you buy a dip, Consistency is the most important thing here, the current opportunity that you are missing to buy a small dip, That's something you'll regret for not getting back that opportunity in the future. Those who are investing in Bitcoin consistently will be able to achieve real success in the future. The price never moves as expected, so there is no guarantee that the dip you are waiting for will ever come, that is, instead of relying on uncertain things, it is a responsible decision to take advantage of the current opportunity. In fact, many people cannot maintain consistency in investing and this is why it is said that Bitcoin investment is not for everyone , those who have truly understood DCA and are patiently following DCA and investing, Bitcoin is definitely capable of bringing amazing results to them.

Bitcoin investment is for all and not for a particular set of people. Both the rich and poor can invest in bitcoin provided that they have their discretionary income. However, the problem that some investors have is lack of proper cash inflow management. They put their priority more of consuming than investing. You will see someone who has a dictionary income of $10. Instead of thinking how to invest this money, he will prefer to go clubbing, buy packet of cigarettes and buy drinks for friends.

Of which he can start with the little amount of money that he has and have proper plan on how to keep his DCA ongoing for a long term by reducing his expenses and look for a second means of income. Anyone that don't see bitcoin as an investment worth throwing some value into when he can, will regret in future because he missed his opportunity of making his future a better one than what it will be without investing into bitcoin as someone poor.

Having a long-term investment mindset and having a bitcoin target in which you want to accumulate will make you consistent and persistent in your weekly bitcoin accumulation for 4-10 years and above provided that you are using the right amount from your discretionary income to invest in bitcoin. All it takes is discipline, sacrifice, patience, confidence and hope.

[SmartCharpa]

We had plenty of time, say since 2015 if they were earlier, or since 2017 when the Bitcoin hype was all over the world. We had plenty of time to buy Bitcoin for half a decade and accumulate it at a low price. But what did we do then?

While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.

Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.

We had a lot of time to invest in Bitcoin when the price was still quite low, in 2015 or even 2017, the opportunity was already there for everyone who focus on it. However, many of us were scared of Bitcoin at that time. Some others assumed it was a scam or something that won't last. Others didn't understand it or were too scared to take the risk. The fact is that we all had the same chance at that time, what we did with that opportunity is what matters today. Some people who started buying Bitcoin at that time made some mistakes, such as selling too early, not buying enough, or trying to trade instead of holding. However, as you said, mistakes are a normal part of learning. What matters most today is that we don't keep making the same mistakes. We must learn from our experiences and make better decisions for the future.

Now that Bitcoin is trading at its highest price, those who were patient and believed in it from the beginning are happy, they saw the future and chose to hold onto their investment even when others laughed or doubted it. That's a big lesson for most of us, we should be more focused, patient, and trust the process once we know what we're investing in. And, no doubt, the price might increase even higher, to even $150k or more. If we missed out before, we shouldn't miss it again. The earlier we act wisely, the better our chances of benefiting from it.

[JayJuanGee]

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

Those who are still waiting to buy the dip, they should understand that this is not like a lottery. that you will become rich overnight just if you buy a dip, Consistency is the most important thing here, the current opportunity that you are missing to buy a small dip, That's something you'll regret for not getting back that opportunity in the future. Those who are investing in Bitcoin consistently will be able to achieve real success in the future. The price never moves as expected, so there is no guarantee that the dip you are waiting for will ever come, that is, instead of relying on uncertain things, it is a responsible decision to take advantage of the current opportunity. In fact, many people cannot maintain consistency in investing and this is why it is said that Bitcoin investment is not for everyone , those who have truly understood DCA and are patiently following DCA and investing, Bitcoin is definitely capable of bringing amazing results to them.

Bitcoin investment is for all and not for a particular set of people. Both the rich and poor can invest in bitcoin provided that they have their discretionary income. However, the problem that some investors have is lack of proper cash inflow management. They put their priority more of consuming than investing. You will see someone who has a dictionary income of $10. Instead of thinking how to invest this money, he will prefer to go clubbing, buy packet of cigarettes and buy drinks for friends.

Of which he can start with the little amount of money that he has and have proper plan on how to keep his DCA ongoing for a long term by reducing his expenses and look for a second means of income. Anyone that don't see bitcoin as an investment worth throwing some value into when he can, will regret in future because he missed his opportunity of making his future a better one than what it will be without investing into bitcoin as someone poor.

Having a long-term investment mindset and having a bitcoin target in which you want to accumulate will make you consistent and persistent in your weekly bitcoin accumulation for 4-10 years and above provided that you are using the right amount from your discretionary income to invest in bitcoin. All it takes is discipline, sacrifice, patience, confidence and hope.

I agree that bitcoin is for everyone and anyone, yet there is a need for a discretionary income or an ability to grow a discretionary income in the cases that a person does not already have a discretionary income.

These matters of income inequality are not easy to overcome for some folks it is more challenging than others, and surely the poor people have to have fewer mistakes and to be more organized than the more well-off people, and so I am not going to proclaim that all poor people are responsible for their own situation, even though there could be some avenues for some of them to grow out of their predicament.

You may well be correct that some poor people are very irresponsible with their money and they have bad habits and bad money habits, which may well be true, and the direction out of their own bad habits and bad mindset is also not necessarily clear since even a poor person who is truly inclined towards the employment of good habits might not always know how to attack their various problems in such a way that will help them to rise into a higher income and/or social status, which will help them to get higher income or even to be in circles of folks with better information, and surely in a forum like this there are possibilities to be exposed to better information, yet there still are needs for people to learn from the information and act upon the information in a way that makes sense to themselves and their own circumstances, even if they might still need to unlearn some bad habits that they don't realize that they need to unlearn.

[Btcdeybodi]

We had a lot of time to invest in Bitcoin when the price was still quite low, in 2015 or even 2017, the opportunity was already there for everyone who focus on it. However, many of us were scared of Bitcoin at that time. Some others assumed it was a scam or something that won't last. Others didn't understand it or were too scared to take the risk. The fact is that we all had the same chance at that time, what we did with that opportunity is what matters today. Some people who started buying Bitcoin at that time made some mistakes, such as selling too early, not buying enough, or trying to trade instead of holding. However, as you said, mistakes are a normal part of learning. What matters most today is that we don't keep making the same mistakes. We must learn from our experiences and make better decisions for the future.

You also need to understand that within those years you mentioned not many people knew about bitcoin because if you do a research on people who knew about bitcoin in 2015 and 2017 you will see that very low number of people knew about bitcoin but in 2021 after the price of bitcoin hit an ATH of $69k, more people began to know about bitcoin and also when the price of bitcoin hit an ATH of $73k in March 14, 2024, the news also brought in new investors and after the US election when the price hit $100k, it created so much excitement that led more people to invest in bitcoin. What i have to say is that those who could have invested earlier when the price was very much affordable but couldn't was because of several reasons such as not believing in the growth of bitcoin and as then bitcoin was also facing severe criticisms where people were scared away because they thought it was a scam. I don't even care who do not invest when the price was much cheaper, but if they invested after finding out that those narratives were false that should be the best decision and no need to deliberate on their past mistakes for not buying since bitcoin didn't gain much recognition then.

[HajiBagi]

Especially when it comes to Bitcoin investment, the main objective behind investing in Bitcoin should be to increase wealth through patience, do not think about Bitcoin investment to achieve immediate profits, Bitcoin investment is not for everyone, because not everyone can survive here, mental stability and a long-term perspective are essential to survive in the market, where people have very little patience and they only want to achieve quick success, this kind of mentality will never bring any good results. To buy Bitcoin, you should not only buy Bitcoin at the DIP price, but also buy Bitcoin continuously without worrying about the price. And you should only deposit Bitcoin to enjoy the future potential, do not expect short-term gains, these are high-risk and harmful.

Yes, you have said something very valuable. Because without patience, your investment will never be successful. Because you can see a small amount of money profit in the short term, but short-term profit is not really profit, but cheating yourself. Because suppose if you own 1 Bitcoin today, you are selling it because you are getting a profit of 5 thousand dollars, but if you hold this 1 Bitcoin, then think about how much profit you can make. You can regret it later. Although Bitcoin is a very volatile currency, but this volatility of Bitcoin is what makes Bitcoin so successful. So always hold your holdings in the long term. Patience does not deceive people, but gives the best gift of good times.

Patience is the key to success in life. Whether you are a business owner or an investor, patience will always be the key to your success. I used to wonder why some people who invest in Bitcoin do not invest in patient people. Before you think about investing in Bitcoin, you have to know that Bitcoin is all about patience, and with patience, you will earn a profit that you don’t imagine. Bitcoin is an unpredictable investment, and no one knows what the market will be in just a minimum, but we should know that it is a long-term investment that we can hold for more than a year to earn a good profit.

The reason why some of us sell our coins at any amount of profit is that we don’t trust Bitcoin. Some people still don’t trust Bitcoin; the only reason why they invest is because their friends or relatives confuse them into trying their luck and making even a small profit. I have seen someone like that, and whenever I see someone wanting to sell their coin without any reason, I don’t get surprised because I have already seen the kind of people before. If you want to enjoy Bitcoin, patience will be your second name.

[IceLincoln]

We had plenty of time, say since 2015 if they were earlier, or since 2017 when the Bitcoin hype was all over the world. We had plenty of time to buy Bitcoin for half a decade and accumulate it at a low price. But what did we do then?

While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.

Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.

The only people who wouldn’t be happy are those waiters and traders who were waiting for a further dip and failed to capitalise on the opportunity at hand, for them bitcoin has disappointed them but it’s actually they who disappointed their investment.  Also those traders who went short expecting a decline and maybe that no coiner somewhere waiting for a lump sum to invest or waiting to build an emergency funds first before investing, also that investor who sold @$106k…..
These are the people who I think are at loss atleast for now, surely this people will regret but since bitcoin has proven them wrong they’ll have to follow bitcoin in the current ride by investing now and holding for long term so they wouldn’t say “had I known” twice

[As-Soon-As]

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

Those who are still waiting to buy the dip, they should understand that this is not like a lottery. that you will become rich overnight just if you buy a dip, Consistency is the most important thing here, the current opportunity that you are missing to buy a small dip, That's something you'll regret for not getting back that opportunity in the future. Those who are investing in Bitcoin consistently will be able to achieve real success in the future. The price never moves as expected, so there is no guarantee that the dip you are waiting for will ever come, that is, instead of relying on uncertain things, it is a responsible decision to take advantage of the current opportunity. In fact, many people cannot maintain consistency in investing and this is why it is said that Bitcoin investment is not for everyone, those who have truly understood DCA and are patiently following DCA and investing, Bitcoin is definitely capable of bringing amazing results to them.

The opportunity you are missing now will not come in the future. That is why I say that by following the Bitcoin DCA method, you can buy Bitcoin dips with extra money. When your Bitcoin buying opportunity is around you, you immediately accept it, then the possibility of missing the opportunity is very low. If you never neglect the opportunity to buy Bitcoin, then you will fall into big fraud, that is why the Bitcoin DCA method and the method of taking dips are both DCA methods.
According to the DCA method, you can save on the purchase price, and during the dip season in the Bitcoin market, you can save on buying dips. So you can be most successful according to the DCA method if you can follow it regularly, even if it is a small amount, you should follow the DCA method regularly weekly.

[Solodoski]

I agree that bitcoin is for everyone and anyone, yet there is a need for a discretionary income or an ability to grow a discretionary income in the cases that a person does not already have a discretionary income.

These matters of income inequality are not easy to overcome for some folks it is more challenging than others, and surely the poor people have to have fewer mistakes and to be more organized than the more well-off people, and so I am not going to proclaim that all poor people are responsible for their own situation, even though there could be some avenues for some of them to grow out of their predicament.

You may well be correct that some poor people are very irresponsible with their money and they have bad habits and bad money habits, which may well be true, and the direction out of their own bad habits and bad mindset is also not necessarily clear since even a poor person who is truly inclined towards the employment of good habits might not always know how to attack their various problems in such a way that will help them to rise into a higher income and/or social status, which will help them to get higher income or even to be in circles of folks with better information, and surely in a forum like this there are possibilities to be exposed to better information, yet there still are needs for people to learn from the information and act upon the information in a way that makes sense to themselves and their own circumstances, even if they might still need to unlearn some bad habits that they don't realize that they need to unlearn.

I dont disagree that discretionary income is the starting point for an investor who is planning to have the most suitable accumulation plan. Most people get it wrong when it comes to accumulating. Its not really about wanting to buy bitcoin its all about being able to buy with the money we earn monthly or whichever way. No excuse to anyone who dont want to start accumulating especially if they are members of the forum. I have read from some members how they managed to stack $10/weekly into their portfolio, and they have been doing it for a very long time now. Yet, there are many loudmouths who will only start discussing about the price and how they wished they bought only when the price started to going up.

The truth is, whether we are rich or poor, most persons are not being honest with themselves on what should come first in their life. I call it misplaced priorities. They lament they cant buy bitcoin but yet they can afford drinks, netlfix, mariujuana and yeah, I am not about what they do with their discretionary income. All am concerned about is that, if they are sincere they want to hold bitcoin they need to know what comes first.

[JayJuanGee]

I agree that bitcoin is for everyone and anyone, yet there is a need for a discretionary income or an ability to grow a discretionary income in the cases that a person does not already have a discretionary income.

These matters of income inequality are not easy to overcome for some folks it is more challenging than others, and surely the poor people have to have fewer mistakes and to be more organized than the more well-off people, and so I am not going to proclaim that all poor people are responsible for their own situation, even though there could be some avenues for some of them to grow out of their predicament.

You may well be correct that some poor people are very irresponsible with their money and they have bad habits and bad money habits, which may well be true, and the direction out of their own bad habits and bad mindset is also not necessarily clear since even a poor person who is truly inclined towards the employment of good habits might not always know how to attack their various problems in such a way that will help them to rise into a higher income and/or social status, which will help them to get higher income or even to be in circles of folks with better information, and surely in a forum like this there are possibilities to be exposed to better information, yet there still are needs for people to learn from the information and act upon the information in a way that makes sense to themselves and their own circumstances, even if they might still need to unlearn some bad habits that they don't realize that they need to unlearn.

I dont disagree that discretionary income is the starting point for an investor who is planning to have the most suitable accumulation plan. Most people get it wrong when it comes to accumulating. Its not really about wanting to buy bitcoin its all about being able to buy with the money we earn monthly or whichever way. No excuse to anyone who dont want to start accumulating especially if they are members of the forum. I have read from some members how they managed to stack $10/weekly into their portfolio, and they have been doing it for a very long time now. Yet, there are many loudmouths who will only start discussing about the price and how they wished they bought only when the price started to going up.

The truth is, whether we are rich or poor, most persons are not being honest with themselves on what should come first in their life. I call it misplaced priorities. They lament they cant buy bitcoin but yet they can afford drinks, netlfix, mariujuana and yeah, I am not about what they do with their discretionary income. All am concerned about is that, if they are sincere they want to hold bitcoin they need to know what comes first.

Sure there are people like that, but who fucking cares?  There are also people who have to work quite hard to even be able to have some discretionary income, and yeah, there could be areas where they waste money or maybe they can figure out ways to earn more money, but at the same time, they are workign with what they have, and there are likely a lot of circumstances in which guys are having quite difficulties to consistently come up with some weekly amount of bitcoin that they can buy, and yeah, youa re right that there are certain kinds of consumption goods that seem like recreation that might be able to be cut, but it also can be difficult to know with any exactness about the conditions of others, and each of us has to figure out our own particulars including if we are investing into bitcoin for a while, might there be some areas in which we can improve what we are doing in terms of how much we are putting into bitcoin and how well we might be dealing with our cashflow management systems.

How about you, Solodoski, you have been registered on the forum for nearly 1.5 years, have you been accumulating bitcoin and shoring up your cashflow management systems/practices in the past 1.5 years?

[Belarge]

We had plenty of time, say since 2015 if they were earlier, or since 2017 when the Bitcoin hype was all over the world. We had plenty of time to buy Bitcoin for half a decade and accumulate it at a low price. But what did we do then?

While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.

Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.

The only people who wouldn’t be happy are those waiters and traders who were waiting for a further dip and failed to capitalise on the opportunity at hand, for them bitcoin has disappointed them but it’s actually they who disappointed their investment.  Also those traders who went short expecting a decline and maybe that no coiner somewhere waiting for a lump sum to invest or waiting to build an emergency funds first before investing, also that investor who sold @$106k…..
These are the people who I think are at loss atleast for now, surely this people will regret but since bitcoin has proven them wrong they’ll have to follow bitcoin in the current ride by investing now and holding for long term so they wouldn’t say “had I known” twice

Bitcoin and cryptocurrency at large are two edge sword and one thing is certain, is either you are losing or you are gaining, the coin is solely dependent on the investor.
We don’t have to start talking about the price of bitcoin as at 2015, because all this incidence made up for today’s glory and if you’re to talk about past incidence. Then the pizza story should have made the guys felt extremely bad but trust, me all those stories gave rise to the glory present glory of today.

Rather than feel bad of the past, we should look to future so you and start holding no matter how little it is

[MainIbem]

...

Bitcoin and cryptocurrency at large are two edge sword and one thing is certain, is either you are losing or you are gaining, the coin is solely dependent on the investor.
We don’t have to start talking about the price of bitcoin as at 2015, because all this incidence made up for today’s glory and if you’re to talk about past incidence. Then the pizza story should have made the guys felt extremely bad but trust, me all those stories gave rise to the glory present glory of today.

Rather than feel bad of the past, we should look to future so you and start holding no matter how little it is

If you invest in Bitcoin the right way then you won't get smite by the sword, there's always profits for those who invest on it the right way, I mean buying and holding for long-term so anyone who complains about lose are those traders that want it the quick and easy way which normally leads to their doom. Well we can't talk about the history of Bitcoin without involving the past but instead of dwelling in it and wishing you had the opportunity to invest then, it best you learn from it, atleast there's still hope that the numbers would keep getting better in the future and since Bitcoin is still at the early stage the best time to start investing if one haven't started is now, there's no need to envy those who invested in 2015 cause some where not wise enough to hold, most sold and are even regretting.

[Furious 7]

I dont disagree that discretionary income is the starting point for an investor who is planning to have the most suitable accumulation plan. Most people get it wrong when it comes to accumulating. Its not really about wanting to buy bitcoin its all about being able to buy with the money we earn monthly or whichever way. No excuse to anyone who dont want to start accumulating especially if they are members of the forum. I have read from some members how they managed to stack $10/weekly into their portfolio, and they have been doing it for a very long time now. Yet, there are many loudmouths who will only start discussing about the price and how they wished they bought only when the price started to going up.

The truth is, whether we are rich or poor, most persons are not being honest with themselves on what should come first in their life. I call it misplaced priorities. They lament they cant buy bitcoin but yet they can afford drinks, netlfix, mariujuana and yeah, I am not about what they do with their discretionary income. All am concerned about is that, if they are sincere they want to hold bitcoin they need to know what comes first.

Regardless of what the options are they all refer to the same thing where we have to work or start something to earn money not so it doesn't really matter whether we should say this is from discretionary income or collection from each month it all refers to the same thing.

Actually things like this do not need to be debated because after all the goal remains the same, this is the same as debating when we buy through DCA, Buy dip or lump sum which actually leads to the same goal but is always debated which method is the best even though in this condition it is just a kind of strategy because the goal remains the same to buy for long-term bitcoin.

All have their own strategies and methods regardless of whether we make discretionary income or look for other things such as additional income or other things because it depends on our own conditions and readiness. The most important thing is how we can make our plans actually happen because debating something that is actually the same goal for me will only make it seem as if we are right and others are wrong or vice versa even though we and others are on the same path it's just a different way.

[reagansimms]

~~~

If you invest in Bitcoin the right way then you won't get smite by the sword, there's always profits for those who invest on it the right way, I mean buying and holding for long-term so anyone who complains about lose are those traders that want it the quick and easy way which normally leads to their doom. Well we can't talk about the history of Bitcoin without involving the past but instead of dwelling in it and wishing you had the opportunity to invest then, it best you learn from it, atleast there's still hope that the numbers would keep getting better in the future and since Bitcoin is still at the early stage the best time to start investing if one haven't started is now, there's no need to envy those who invested in 2015 cause some where not wise enough to hold, most sold and are even regretting.

There is no massacre as long as investors are able to invest properly which can minimize the risk of loss. To get out of the dark tunnel, investors must have knowledge about investing and conduct in-depth research before making investment decisions. However, it should be emphasized that every investment has risks and there is no guarantee of always making a profit. Prevention can be done by understanding how to invest properly.
Investors must have an effective risk management strategy such as diversifying their portfolio to help increase potential profits. There is always hope for anyone who wants to learn, investing is not a get-rich-quick scheme, you need to be careful and do in-depth research before making investment decisions so you can reap the desired success.

[Tamaperdana]

Yes, waiting for a price drop when buying Bitcoin is not an appropriate strategy for long-term investors. Logically, we should understand that waiting for a price drop is a strategy that is prone to dilemmas. So, rather than worrying and missing out on opportunities, I don't think buying Bitcoin should be fixated on price. Regardless of the current price, it's highly likely that in 10 years, the price will be much higher, and we'll profit. So, why ignore momentum and choose the right price when buying Bitcoin?

There is nothing wrong to wait dips for purchasing bitcoin but experienced investors do it differently than newbies. Newbies wait for lower prices, try to find bottom prices to buy in, while experienced investors can do Dollar Cost Averaging regularly and don't mind about price, or they can wait for price dips of 10%, 20% or 30% and buy without concern about at what prices they make purchases.

They know that price dips are very good for accumulation and if they can hold bitcoin for a long time, profit is very good especially if they buy in dips.

When we talk about DCA, this strategy doesn't care about price at all, as it's closely related to consistent buying for greater regularity. Therefore, this strategy has nothing to do with buying Bitcoin when the price drops, as those who practice DCA will remain consistent even when the price rises. Those who practice DCA prioritize consistent buying and don't want to miss any potential opportunities. Therefore, in my opinion, DCA has nothing to do with waiting for the Bitcoin price to drop before buying.

As for senior Bitcoin investors who wait for the price to drop to make purchases, I think it's perfectly reasonable for them to do so. Their Bitcoin portfolios are already quite substantial and may have already reached their Bitcoin accumulation targets. Therefore, with this in mind, DIP is not a problem for them, as their Bitcoin portfolios are already quite substantial. However, for beginners or investors with small Bitcoin portfolios, I personally strongly discourage waiting for a price drop to buy Bitcoin.

[Barikui1]

.
As for senior Bitcoin investors who wait for the price to drop to make purchases, I think it's perfectly reasonable for them to do so. Their Bitcoin portfolios are already quite substantial and may have already reached their Bitcoin accumulation targets. Therefore, with this in mind, DIP is not a problem for them, as their Bitcoin portfolios are already quite substantial. However, for beginners or investors with small Bitcoin portfolios, I personally strongly discourage waiting for a price drop to buy Bitcoin.

Waiting for a dip before buying is never a good way to go about your Bitcoin accumulation wether you a veteran investor or not, because by doing so you may miss a whole lot of buying opportunities, if you have gotten to that over accumulation status and you feels like their is no need for consistent investment in Bitcoin, then it's ok, but if you haven't gotten up to that level of over accumulation stage, you have no reason to wait for the dip because you will be wasting valuable opportunities to add up to your stash that has been stagnant due to waiting, so in my own opinion, waiting for the dip before buying is never a good way for any Bitcoin Investor that hasn't gotten up to that over accumulation status.

[Tonimez]

I dont disagree that discretionary income is the starting point for an investor who is planning to have the most suitable accumulation plan. Most people get it wrong when it comes to accumulating. Its not really about wanting to buy bitcoin its all about being able to buy with the money we earn monthly or whichever way. No excuse to anyone who dont want to start accumulating especially if they are members of the forum. I have read from some members how they managed to stack $10/weekly into their portfolio, and they have been doing it for a very long time now. Yet, there are many loudmouths who will only start discussing about the price and how they wished they bought only when the price started to going up.

The truth is, whether we are rich or poor, most persons are not being honest with themselves on what should come first in their life. I call it misplaced priorities. They lament they cant buy bitcoin but yet they can afford drinks, netlfix, mariujuana and yeah, I am not about what they do with their discretionary income. All am concerned about is that, if they are sincere they want to hold bitcoin they need to know what comes first.

Regardless of what the options are they all refer to the same thing where we have to work or start something to earn money not so it doesn't really matter whether we should say this is from discretionary income or collection from each month it all refers to the same thing.

Actually things like this do not need to be debated because after all the goal remains the same, this is the same as debating when we buy through DCA, Buy dip or lump sum which actually leads to the same goal but is always debated which method is the best even though in this condition it is just a kind of strategy because the goal remains the same to buy for long-term bitcoin.

All have their own strategies and methods regardless of whether we make discretionary income or look for other things such as additional income or other things because it depends on our own conditions and readiness. The most important thing is how we can make our plans actually happen because debating something that is actually the same goal for me will only make it seem as if we are right and others are wrong or vice versa even though we and others are on the same path it's just a different way.

I don't have to dwell in this but some of us would understand why we don't just have to focus on bitcoin investment and forget about the strategy we choose to use. Yeah, anyone can choose to invest by DCA or by lump-sum but it's holding potential really differs and is based on the strategy to a large extent. Sometimes people who invest by lump-sum are either mostly traders or find it difficult hold same amount of bitcoin for long without selling part or all of the bitcoin stash for one reason or the other.

It is always very necessary when considering your investment strategy for the sake of your success in bitcoin investment. If the strategy is not very relevant, maybe there would not be much emphasis on long-term holding. The success of every bitcoin investor begins with your investment choice pattern. Someone who all because you want to invest large, invest beyond what they can be able to hold which hampers the success of the whole process.

~~~

If you invest in Bitcoin the right way then you won't get smite by the sword, there's always profits for those who invest on it the right way, I mean buying and holding for long-term so anyone who complains about lose are those traders that want it the quick and easy way which normally leads to their doom. Well we can't talk about the history of Bitcoin without involving the past but instead of dwelling in it and wishing you had the opportunity to invest then, it best you learn from it, atleast there's still hope that the numbers would keep getting better in the future and since Bitcoin is still at the early stage the best time to start investing if one haven't started is now, there's no need to envy those who invested in 2015 cause some where not wise enough to hold, most sold and are even regretting.

There is no massacre as long as investors are able to invest properly which can minimize the risk of loss. To get out of the dark tunnel, investors must have knowledge about investing and conduct in-depth research before making investment decisions. However, it should be emphasized that every investment has risks and there is no guarantee of always making a profit. Prevention can be done by understanding how to invest properly.
Investors must have an effective risk management strategy such as diversifying their portfolio to help increase potential profits. There is always hope for anyone who wants to learn, investing is not a get-rich-quick scheme, you need to be careful and do in-depth research before making investment decisions so you can reap the desired success.

Bitcoin is not actually a get-rich-soon event but that doesn't make it out of place to invest diligently in it because it's a store of value. Diversifying your portfolio is also good but you should try not to do it wrongly by either choosing a shitcoins as your diversified asset. Shitcoins will remain shitcoins and never an asset because it mostly do not stand the test of time. Diversifying into shitcoins could lead you into losses. If you have to invest in crypto market, that you should concentrate more on bitcoin and if you must taste shitcoins, it should be done with the least possible funds while concentrating on bitcoin. Real estate could also be a good alternative if you have to diversify.

[Edited out]

When we talk about DCA, this strategy doesn't care about price at all, as it's closely related to consistent buying for greater regularity. Therefore, this strategy has nothing to do with buying Bitcoin when the price drops, as those who practice DCA will remain consistent even when the price rises. Those who practice DCA prioritize consistent buying and don't want to miss any potential opportunities. Therefore, in my opinion, DCA has nothing to do with waiting for the Bitcoin price to drop before buying.

As for senior Bitcoin investors who wait for the price to drop to make purchases, I think it's perfectly reasonable for them to do so. Their Bitcoin portfolios are already quite substantial and may have already reached their Bitcoin accumulation targets. Therefore, with this in mind, DIP is not a problem for them, as their Bitcoin portfolios are already quite substantial. However, for beginners or investors with small Bitcoin portfolios, I personally strongly discourage waiting for a price drop to buy Bitcoin.

This is the point that DCA strategy gives you the platform to be consistent without minding the price of bitcoin. This still remains the best beginners approach. This approach removes the reluctance from watching the chart that comes when you plan to invest by lump-sum. Even though it may not be wholesome, but lump-sum investors aim at dips which also slows their investments pace while waiting for dips.

For some people who their DCA allocation are large enough as others lump-sum funds, it gives room for less stress as you invest after taking care of your responsibilities. Also, those that buy by lump-sum hardly hold during serious market corrections and somehow feel tensed which invariably reduce them to traders.

[Promocodeudo]

Sitting idly and waiting for dips to happen before you buy Bitcoin is a bad practice that should be discouraged by all because it has made a lot of people to miss buying Bitcoin at decent prices instead jumped in when then felt price was leaving them behind with some ending up in problems. The only condition I will support someone keeping some funds for dips is when the person is using a hybrid system of DCA combined with buying the dips, This way you can keep the DCA ongoing while allocating some funds for buying the dips so that you will not miss your chances of getting Bitcoin at any market condition. Apart from this, I will always go with the DCA method which is easier to use for everyone.

Some people just initiate the habit of procrastinatiion and tag it that they are waiting for the dip not knowing that they are indirectly doing their bad, this habit is always common with newbies, I don't even know the reason why a newbie will want to wait for the dip, someone that has no fraction of Bitcoin at all in his or her portfolio that's is supposed to come up with a strategy to start accumulating Bitcoin gradually, Bitcoin investment is very much easy if any of this guy's understand how to go another it, yes you are right what you said, if someone can keep DCAing and may be decide to have some amount of money to invest heavily during the so called dip then it not bad but as for relaxing comfortably waiting for what they called dip before they can invest, I think that idea should be relegated totally because it wouldn't do anyone any good.