Buy the DIP, and HODL!

[ruykeri]

...

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.

I agree with you. You have drawn a line from reality. The reality is that those who have invested in Bitcoin in the past have not been thinking about long-term investments for a long time. There were some reasons behind this. At that time, many people had different ideas about Bitcoin, and many people expressed different opinions. Since 2009, there have been various disagreements among people about Bitcoin. Some have shown a positive view, while others have shown a negative one. But at this time, most people agree about Bitcoin in this matter  that  when they had learned about it at that time if they  HOLD it for a long term investment, they would be in a much better financial position today. I also completely agree with this. Because now the point is clear .the longer you can invest in Bitcoin, the more profitable the response will get. Now I want to talk about another thing, which is another idea about Bitcoin is that some people think that one day it will be used like a normal currency. Many people have talked about this, and I used to think so myself. But what I think now is that if Bitcoin is to be used as a normal currency, then it will have to reach the level of purchasing everyday goods and services with Bitcoin. But for people, Bitcoin has now become a higher-quality asset than digital gold.
Just as no one would go to the market to buy everyday goods with the gold what  they have. people would not want to spend Bitcoin like ordinary money.I think people should invest their discretionary income in Bitcoin regularly and hold it for the long term. Investing in Bitcoin according to the method is now much more convenient because it allows you to invest in Bitcoin on a weekly or monthly basis without worrying about price fluctuations.

And for those who are new to investing, it is a very effective way. The main point of the DCA method is to maintain continuity. And to do this, you do not need a lot of discretionary income.
Holding Bitcoin is highly effective for long term gains.

[Silikiem]

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.

So true and i also believe that being poor is just a mindset of people who thinks they are not financially capable to invest in bitcoin because of the perspective they have in bitcoin investment. Most folks believes  they don’t have what it takes to venture into bitcoin investment financially, but deep down they really do have the financial ability to do so. Not that this people don’t have the discretionary income to start investing in bitcoin but they feel the income is not enough for bitcoin investment and at such most folks who are in this category tends to hold this  said money with them with a mindset that they are saving for a more higher income to be able to start investing in bitcoin, where as they can easily purchase a little fraction of bitcoin from it and hold until when they are also able to figure out another discretionary income and purchase from it also and hold gradually. The easiest way to become poor is having money, no matter how small or huge and keeping it with you without investing it, especially in bitcoin investment because here you don’t need very huge amounts of money to start investing in bitcoin, just a discretionary income and you’re good to go. So I think that once this category of people are able to overcome this kind of feeling about bitcoin investment they will be able to grow out of their predicament.

[ejikeme24]

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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.

Anyone who is just getting started with bitcoin investment is not supposed to be going with this method of buying every dip but to keep buying with the DCA method to avoid wasting a whole lot of time in waiting to buy the dip that will be happening soon or never. However,  those that choose to buy the dip are not only missing a buying opportunities but also missing all thier chances because we have been given the chance and opportunity to invest so is left for us to decide how and when to make use of the opportunity, but it will be wise if we start making use of the opportunity that very moment is given to us because waiting to have everything figure out or waiting for dip to happen before taken advantage is a wrong mindset that every no coiners/ low coiners shouldn't be having if they really want to achieve thier investment goal.

[Cpt_reader]

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.

I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

[Jostern]

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?

What you’ve said I share your thoughts you’re right , first of all before we start thinking about starting an investment in bitcoin it is always wise to consider availability of discretionary funds because that is where we’re required to invest and accumulate Bitcoin, just like us who are newbies and pleb who starting our investment it’s very necessary to also consider our financial situation, because sometimes we might be accumulating with a survival plan, because you might find out that there are people who are struggling to get by with the little they’re earning but still find themselves investing and accumulating bitcoin, because they have the mindset of never giving up on the project of building a Bitcoin portfolio, while you will also learn that there are folks and guys who are investing in Bitcoin that are investing in Bitcoin and would say they are struggling to keep up with there level of steady accumulation which they say they find it difficult to buy and accumulate bitcoin because of bad financial management which they can’t do without some certain lifestyle, that is where this people have misplaced priorities in life, because there are individuals who are ready to adjust to life just because they want to accumulate bitcoin to enable them accumulate more bitcoin, and you find another fellow who have a good amount of discretionary money to buy bitcoin but they can’t adjust to their lifestyle to enable them buy more bitcoin, that is allowed to be called people who doesn’t have buying Bitcoin as a priority. Everyone have there own decisions to make in terms of personal decisions that will help them accumulate Bitcoin, and they also have there priorities in life.
But for an individual that have accumulating more Bitcoin as a priority in life should be able to adjust to lifestyle and also financial management that will be able to help and accumulate more Bitcoin and doing it consistently. I will admit it that at certain times during my short time of accumulating I’ve had some ups and downs when it come to financial management and trying to adjust to lifestyle and save up more discretionary income to enable me accumulate more Bitcoin, tried reducing amount that goes to cigarettes and alcohol and clubbing , instead of buying some expensive cloths why don’t I go for some that has a reduced price tag and save more money for discretionary funds to help accumulate mor, I think that is a financial management that have help accumulate more and doing it consistently.

[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.

So true and i also believe that being poor is just a mindset of people who thinks they are not financially capable to invest in bitcoin because of the perspective they have in bitcoin investment. Most folks believes  they don’t have what it takes to venture into bitcoin investment financially, but deep down they really do have the financial ability to do so. Not that this people don’t have the discretionary income to start investing in bitcoin but they feel the income is not enough for bitcoin investment and at such most folks who are in this category tends to hold this  said money with them with a mindset that they are saving for a more higher income to be able to start investing in bitcoin, where as they can easily purchase a little fraction of bitcoin from it and hold until when they are also able to figure out another discretionary income and purchase from it also and hold gradually. The easiest way to become poor is having money, no matter how small or huge and keeping it with you without investing it, especially in bitcoin investment because here you don’t need very huge amounts of money to start investing in bitcoin, just a discretionary income and you’re good to go. So I think that once this category of people are able to overcome this kind of feeling about bitcoin investment they will be able to grow out of their predicament.

All a person needs is discretionary funds in order to get started investing in bitcoin, yet they likely need to continue to make sure that they have discretionary income to keep buying bitcoin, so there can be a lot of learning and organizing to keep the bitcoin investment going, especially if a person is considering their investment into bitcoin to be 4-10 years or longer.

There are some folks who merely have small amounts of discretionary income that comes from their work, and they might attempt to determine a DCA amount to do from there, and maybe even establish a regular DCA amount.  At the same time, even those folks might from time to time haver extra money come in so that they then are left to determine the extent to which buying larger chunks right away and/or whether buying on dips might be feasible for them to attempt to structure into their practices.

There are other folks with already existing investments, so when they start to invest in bitcoin they may need to determine the extent to keep investing into other investments or to use some or all of the resources of the other investments to put into bitcoin.  The answers to these kinds of questions are not obvious, even though many of us recognize bitcoin as amongst the best, if not the best place to put value... so there is value in creating and following through with aggressive practices to invest into bitcoin.. .and the more aggressive a person wants to be in their bitcoin investment, then the more organized they need to be in regards to assuring they are investing into bitcoin within the bounds of their discretionary income.

[edited out]

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?

What you’ve said I share your thoughts you’re right , first of all before we start thinking about starting an investment in bitcoin it is always wise to consider availability of discretionary funds because that is where we’re required to invest and accumulate Bitcoin, just like us who are newbies and pleb who starting our investment it’s very necessary to also consider our financial situation, because sometimes we might be accumulating with a survival plan, because you might find out that there are people who are struggling to get by with the little they’re earning but still find themselves investing and accumulating bitcoin, because they have the mindset of never giving up on the project of building a Bitcoin portfolio, while you will also learn that there are folks and guys who are investing in Bitcoin that are investing in Bitcoin and would say they are struggling to keep up with there level of steady accumulation which they say they find it difficult to buy and accumulate bitcoin because of bad financial management which they can’t do without some certain lifestyle, that is where this people have misplaced priorities in life, because there are individuals who are ready to adjust to life just because they want to accumulate bitcoin to enable them accumulate more bitcoin, and you find another fellow who have a good amount of discretionary money to buy bitcoin but they can’t adjust to their lifestyle to enable them buy more bitcoin, that is allowed to be called people who doesn’t have buying Bitcoin as a priority. Everyone have there own decisions to make in terms of personal decisions that will help them accumulate Bitcoin, and they also have there priorities in life.
But for an individual that have accumulating more Bitcoin as a priority in life should be able to adjust to lifestyle and also financial management that will be able to help and accumulate more Bitcoin and doing it consistently. I will admit it that at certain times during my short time of accumulating I’ve had some ups and downs when it come to financial management and trying to adjust to lifestyle and save up more discretionary income to enable me accumulate more Bitcoin, tried reducing amount that goes to cigarettes and alcohol and clubbing , instead of buying some expensive cloths why don’t I go for some that has a reduced price tag and save more money for discretionary funds to help accumulate mor, I think that is a financial management that have help accumulate more and doing it consistently.

I suppose that part of the point that I was trying to make earlier is that each of us should be attempting to figure out how to shore up our own situations, and to recognize that there are challenges in regards to being able to make sure that we can accumulate bitcoin as aggressively as we can within our own circumstances, and we also might have some competing interests and ways that we want to spend money and also ways that we might feel that we need to spend money for our own self-improvement in areas that might not even seem to be completely related to bitcoin, and so we have to sort through our own priorities and to the extent that we consider bitcoin to be a priority, to figure out how aggressive that we are able to be in buying bitcoin on a regular and consistent basis.

[SmartCharpa]

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.

Many individuals, especially newbies, usually say they are waiting for a dip, but in my opinion, they are just using it as an excuse not to start. The fact is that no one can predict the right moment for the dip, and waiting for it without investing is just a waste of time. Instead of relaxing and waiting, we should start with whatever we can afford and be consistent in our accumulation, even if it's just buying gradually with DCA.

And those who have yet to own a Bitcoin should not sit back and wait for the perfect time, instead, now is the best time to learn gradually and get confidence over time. Waiting for the dip makes people miss their chances because they become tired of waiting. Of course, waiting for a dip before making a move should not be advised to any newbie. Start now, keep going, and improve from there.

[BTC_pokaop]

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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.

Are those who wait for the price to fall really real investors? Real investors will never wait for the fall. Waiting means taking a few steps back. Even if we want to, we cannot go back to the past, when the price of Bitcoin was 5-10 dollars. Those who could not invest in the past are suffering from regret. So we have to evaluate while we have time. So try to own Bitcoin as soon as possible, because in the future there will come a point when it will not be possible for you to buy 0.001 Bitcoin. Now if you want to buy dips, you can follow the DCA method, if you buy Bitcoin in the DCA method, then there is no need to wait to buy dips because if you invest in Bitcoin in the DCA method, you will get the opportunity to buy Bitcoin at the average price. And above all, you have to plan for the long term, if you do not plan for the long term, no method can make you successful. So do not wait, plan to buy Bitcoin at any time, at any moment.

[G_Besar]

...

I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

From my current observation, the increase in demand for Bitcoin is actually because several large countries have purchased Bitcoin and held it as a valuable asset for themselves. This has led to a significant price increase again this month, with Bitcoin again reaching an all-time high today, surpassing $119,000. And I don't think we need to compare Bitcoin to gold because Bitcoin can't be equated with gold, although we can think of it as a more modern form of digital gold today. Gold, on the other hand, already has two forms: one is physical and the other is digital, which anyone can buy, just like buying Bitcoin on the market.

[Bluedrem]

Many individuals, especially newbies, usually say they are waiting for a dip, but in my opinion, they are just using it as an excuse not to start. The fact is that no one can predict the right moment for the dip, and waiting for it without investing is just a waste of time. Instead of relaxing and waiting, we should start with whatever we can afford and be consistent in our accumulation, even if it's just buying gradually with DCA.

And those who have yet to own a Bitcoin should not sit back and wait for the perfect time, instead, now is the best time to learn gradually and get confidence over time. Waiting for the dip makes people miss their chances because they become tired of waiting. Of course, waiting for a dip before making a move should not be advised to any newbie. Start now, keep going, and improve from there.

You are right, waiting for the price to fall is an excuse not to invest in Bitcoin.
They will never buy Bitcoin at the current price of Bitcoin. They will wait for the price to fall. When the price starts to fall, they will wait for the price to fall even more. In this way, they will not have to invest anymore.
If they had waited for the price to fall and bought Bitcoin when the price fell, they would have started buying Bitcoin when the price fell in 2022/23. They thought that Bitcoin would fall further and they would buy Bitcoin then but they were not able to buy Bitcoin.
I think those who are waiting for the price to fall will never be able to invest in Bitcoin. As the number of strong holdings of Bitcoin is increasing day by day, the supply of Bitcoin that we can see with the naked eye is actually decreasing, which is why the demand for Bitcoin is increasing day by day. We know that the lower the supply, the higher the demand. So at some point it will be seen that people are not getting the Bitcoin they want even at a high price.
So I would say instead of worrying about yesterday or tomorrow, if you can afford it, start investing in Bitcoin today. If people can afford to invest even $10 a week in Bitcoin, they should do so.

[Rockson1]

Are those who wait for the price to fall really real investors? Real investors will never wait for the fall. Waiting means taking a few steps back. Even if we want to, we cannot go back to the past, when the price of Bitcoin was 5-10 dollars. Those who could not invest in the past are suffering from regret. So we have to evaluate while we have time. So try to own Bitcoin as soon as possible, because in the future there will come a point when it will not be possible for you to buy 0.001 Bitcoin. Now if you want to buy dips, you can follow the DCA method, if you buy Bitcoin in the DCA method, then there is no need to wait to buy dips because if you invest in Bitcoin in the DCA method, you will get the opportunity to buy Bitcoin at the average price. And above all, you have to plan for the long term, if you do not plan for the long term, no method can make you successful. So do not wait, plan to buy Bitcoin at any time, at any moment.

They can be real investors but lack of understanding may make things look as if they arent real investors, at that point they are waiting they might even think that they are really doing the right no knowing that they are actually setting a trap for themselves, mate, ignorant is a disease, i have heard many investors talking about the dip being the best time to buy, if you are an OG in this space, I mean if you being here for awhile and have been able to accumulate enough bitcoin, I think you can actually say let me buying with ease and may be try to buy large amount during the dip, an OG can decide to do that reason being that he's not new again but as for a newbie, what is the newbie waiting, do the newbie understand what he's waiting for, someone that has not started yet is waiting for something that may not happen as he thinks.
Waiting is never an option, buying at all time is the best option for everyone especially newbies, it helps investor build a substantial level of bitcoin portfolio overtime, so buy without looking at the price with the little you can and hodl for a long-term.

[sotelorene]

...

I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

From my current observation, the increase in demand for Bitcoin is actually because several large countries have purchased Bitcoin and held it as a valuable asset for themselves. This has led to a significant price increase again this month, with Bitcoin again reaching an all-time high today, surpassing $119,000. And I don't think we need to compare Bitcoin to gold because Bitcoin can't be equated with gold, although we can think of it as a more modern form of digital gold today. Gold, on the other hand, already has two forms: one is physical and the other is digital, which anyone can buy, just like buying Bitcoin on the market.

You may be right but I don't think it was because of the countries that purchased Bitcoin is the reason for the surge, after all it is not this week they purchased those numbers of  Bitcoin. Bitcoin is a very volatile asset and has the potential to rise and fall anytime so don't forget that fact and we are still going to see more than this sooner or later and for those who is still doubting Bitcoin potential they should clear their doubt and start investing now else they will miss a lot of opportunities and they will regret.

[JayJuanGee]

...

I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

From my current observation, the increase in demand for Bitcoin is actually because several large countries have purchased Bitcoin and held it as a valuable asset for themselves. This has led to a significant price increase again this month, with Bitcoin again reaching an all-time high today, surpassing $119,000. And I don't think we need to compare Bitcoin to gold because Bitcoin can't be equated with gold, although we can think of it as a more modern form of digital gold today. Gold, on the other hand, already has two forms: one is physical and the other is digital, which anyone can buy, just like buying Bitcoin on the market.

You seem to NOT understand gold.

There is only one form of gold, and it is physical.  The representations of gold (digital or paper) is not real gold, and your calling it "modern" gold shows that you are trying to gloss over the whole idea of what is gold and shows that you don't know what is gold. 

The "digital" "paper" "modern" forms of gold are derivative products of gold, and in reality, each non-physical representation of gold is supposed to be backed up by actual physical gold, otherwise the claims on gold are inflating gold's supply - which is exactly a decent part of gold's current problems, its historical problems and even why paper money ended up winning out over gold..

In other words, there are likely 100s of claims of gold ounces for every gold ounce that actually exist.  That is a problem, and your lecturing about gold supposedly existing in some other form (other than physical) shows that you seem to want to just agree with your own deception about gold's supposed value.

Gold's physicality becomes part of its own undermining, since it can sometimes be difficult to take claim to the physical, and laymen also will frequently have troubles verifying gold, transporting it, handling it, safe keeping it.  Therefore, elaborate systems have been created to custody and verify gold, and even though many of us know that gold shenanigan's are taking place, 3rd party custodians attempt to gain credibility in terms of proclaiming that they actually have the gold that they claim to have.

Surely we recognize and appreciate that Bitcoin is digitally native, and so therefore bitcoin can be verified digitally and bitcoin's lack of physicality causes it to be easy to transport, store and verify... including to take possession of it in the event that there might be questions about whether any third party actually has the bitcoin that they claim to have.... yet these days there are still attempts to lock folks into contracts in which they cannot physically take possession of the actual bitcoin..

So bitcoin has a lot of derivative products as well that are likely attempting to manipulate bitcoin in similar ways as they did with gold, even though surely bitcoin is a lot more easy to transport, store, and verify, so even if there are going to be ongoing attempts to manipulate and fractionally reserve bitcoin, bitcoin will still provide challenges to those attempts - and it is not clear if bitcoin is going to suffer gold's same fate, yet we can still invest in bitcoin to the extent that we recognize and appreciate that it is superior to both gold and to paper money and also we might even assess bitcoin to be somewhere in the ballpark of 1,000x or more greater than gold.. even though today, bitcoin ONLY has an actual market price that is about 1/10th the size of gold's (if we compare the market caps of each of them).

[Lembo69]

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.

There was a time when no one knew about Bitcoin and there was no appreciation for its value. I have heard of people who bought a pizza for 10,000 Bitcoins. At that time, they had no idea that the value of Bitcoin would one day go so high. That is, time teaches you what to value and what not to value. Now, know and understand Bitcoin and start investing in it thinking about the future instead of thinking about the past. Then maybe in the future you will not have to regret thinking about 2015 or 2017.

Bitcoin is known as the best currency in cryptocurrencies. And people are aware of its value. I hope that if you start investing now, after the next 10 years, you will think that the value of Bitcoin was much lower in the past, which is skyrocketing in the current market.

[Derekfunds]

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.

There was a time when no one knew about Bitcoin and there was no appreciation for its value. I have heard of people who bought a pizza for 10,000 Bitcoins. At that time, they had no idea that the value of Bitcoin would one day go so high. That is, time teaches you what to value and what not to value. Now, know and understand Bitcoin and start investing in it thinking about the future instead of thinking about the past. Then maybe in the future you will not have to regret thinking about 2015 or 2017.

Bitcoin is known as the best currency in cryptocurrencies. And people are aware of its value. I hope that if you start investing now, after the next 10 years, you will think that the value of Bitcoin was much lower in the past, which is skyrocketing in the current market.

Is not like people don't know about Bitcoin off course they do but it was not popular as it is now and yes back then people don't know what it will worth in years coming and even till this moment some people doesn't still understand what will be the worth of Bitcoin after sometime from now. I believe those who understands and know the..., have started holding but the truth is that, it is not just about starting it but rather it is about starting and holding till when it is due, remember some of those people that held Bitcoin back then sold their Bitcoin because some were discourage and doubt the potential of Bitcoin but since the future is not known, why not just invest what is convenient using the DCA method and forget about it.

[ejikeme24]

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.

Bitcoin is known as the best currency in cryptocurrencies. And people are aware of its value. I hope that if you start investing now, after the next 10 years, you will think that the value of Bitcoin was much lower in the past, which is skyrocketing in the current market.

So Long as bitcoin still have the potential to keep increasing in the future the price will never be a threat to investors even if it touches $200k guys will still maintain their ongoing buying of bitcoin, but is always advised to start investing now so that even if there's a massive increase in the value in the future we won't find ourselves in the midst of those guys that will be regretting of not getting started earlier. Because I strongly believe that a day like this would come where some people will be trying to re-play everything that happens to be able to make some correction, which they can not be able to do it, this is the right time for them to Wake up from thier sleep to grab thier opportunities just as other people are doing out there, So that when others will be reaping the fruit of thier labour we won't be a watch Man.

[Sonia_123]

...

I agree with you because Bitcoin is an asset that does not require waiting for a dip. In my personal opinion, it is not reasonable because waiting for it may not be invested at some point. I myself was foolish by waiting for a dip. But now I understand and am buying according to my ability. Bitcoin is an asset that is now being compared to gold. Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

From my current observation, the increase in demand for Bitcoin is actually because several large countries have purchased Bitcoin and held it as a valuable asset for themselves. This has led to a significant price increase again this month, with Bitcoin again reaching an all-time high today, surpassing $119,000. And I don't think we need to compare Bitcoin to gold because Bitcoin can't be equated with gold, although we can think of it as a more modern form of digital gold today. Gold, on the other hand, already has two forms: one is physical and the other is digital, which anyone can buy, just like buying Bitcoin on the market.

You may be right but I don't think it was because of the countries that purchased Bitcoin is the reason for the surge, after all it is not this week they purchased those numbers of  Bitcoin. Bitcoin is a very volatile asset and has the potential to rise and fall anytime so don't forget that fact and we are still going to see more than this sooner or later and for those who is still doubting Bitcoin potential they should clear their doubt and start investing now else they will miss a lot of opportunities and they will regret.

The continuous surge in Bitcoin price is as a result of Trump the US President announcement on the suspension of  increase in tariffs reciprocal for three months on imported goods coming into USA, we all know that Bitcoin is not controlled by anyone which has made Bitcoin very attractive when the traditional market is unstable and most financial experts are accepting Bitcoin for it's outstanding qualities ,also the rise in price in Bitcoin is caused by the impressive ETF figures, and a lot of investors are now accumulating heavily from Bitcoin treasury companies .

[Publictalk792]

You seem to NOT understand gold.

There is only one form of gold, and it is physical.  The representations of gold (digital or paper) is not real gold, and your calling it "modern" gold shows that you are trying to gloss over the whole idea of what is gold and shows that you don't know what is gold. 

The "digital" "paper" "modern" forms of gold are derivative products of gold, and in reality, each non-physical representation of gold is supposed to be backed up by actual physical gold, otherwise the claims on gold are inflating gold's supply - which is exactly a decent part of gold's current problems, its historical problems and even why paper money ended up winning out over gold..

In other words, there are likely 100s of claims of gold ounces for every gold ounce that actually exist.  That is a problem, and your lecturing about gold supposedly existing in some other form (other than physical) shows that you seem to want to just agree with your own deception about gold's supposed value.

Gold's physicality becomes part of its own undermining, since it can sometimes be difficult to take claim to the physical, and laymen also will frequently have troubles verifying gold, transporting it, handling it, safe keeping it.  Therefore, elaborate systems have been created to custody and verify gold, and even though many of us know that gold shenanigan's are taking place, 3rd party custodians attempt to gain credibility in terms of proclaiming that they actually have the gold that they claim to have.

Surely we recognize and appreciate that Bitcoin is digitally native, and so therefore bitcoin can be verified digitally and bitcoin's lack of physicality causes it to be easy to transport, store and verify... including to take possession of it in the event that there might be questions about whether any third party actually has the bitcoin that they claim to have.... yet these days there are still attempts to lock folks into contracts in which they cannot physically take possession of the actual bitcoin..

So bitcoin has a lot of derivative products as well that are likely attempting to manipulate bitcoin in similar ways as they did with gold, even though surely bitcoin is a lot more easy to transport, store, and verify, so even if there are going to be ongoing attempts to manipulate and fractionally reserve bitcoin, bitcoin will still provide challenges to those attempts - and it is not clear if bitcoin is going to suffer gold's same fate, yet we can still invest in bitcoin to the extent that we recognize and appreciate that it is superior to both gold and to paper money and also we might even assess bitcoin to be somewhere in the ballpark of 1,000x or more greater than gold.. even though today, bitcoin ONLY has an actual market price that is about 1/10th the size of gold's (if we compare the market caps of each of them).

You made great point that physical gold is only true form of gold and things like digital or paper gold are just stand ins that can make it look like there is more gold than there really is problem that even affected gold past. This is different from Bitcoin which is completely digital making it easy to check send and store without needing physical place or third party to hold it for you. While both gold and Bitcoin can have other products that try to control their price Bitcoin nature makes it harder to manipulate in same ways as gold showing it might be better option than both gold and regular money.

[Gost ms]

The continuous surge in Bitcoin price is as a result of Trump the US President announcement on the suspension of  increase in tariffs reciprocal for three months on imported goods coming into USA, we all know that Bitcoin is not controlled by anyone which has made Bitcoin very attractive when the traditional market is unstable and most financial experts are accepting Bitcoin for it's outstanding qualities ,also the rise in price in Bitcoin is caused by the impressive ETF figures, and a lot of investors are now accumulating heavily from Bitcoin treasury companies .

None of us can ever say why the price of Bitcoin has increased. You may not be able to say when and why the price has increased. Yes, depending on the country's financial situation, the price of Bitcoin can sometimes increase. But we can never say that the price of Bitcoin has increased because of US President Trump. No one has ever had a hand in Bitcoin and will never have one. Bitcoin is decentralized.

But yes, for big people, the price of Bitcoin often increases. For example, many big people say bad things about Bitcoin, such as saying that Bitcoin is not good or something else. Then some people get scared after hearing them and start selling. But even after that, it can never be said why the price of Bitcoin is increasing.

[Berry2d]

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.

Gold is available but Bitcoin is not available. The demand for things that are in low supply is high. That is why the demand for Bitcoin is increasing day by day.

I guess what you mean by gold is available but Bitcoin is not available is that gold is a physical asset while Bitcoin is a digital asset.  yes that's actually true and also the demand for Bitcoin is getting higher because it is limited in supply. That is why we should prioritize Bitcoin over Gold because Bitcoin has more advantage than gold.