Buy the DIP, and HODL!

[Wind_FURY]

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.

Haha. Ser, I have ZERO regrets because my major purchase for HODLing was made when Bitcoin was still under $5,000. My post was more of making a point that having another chance of buying Bitcoin below $100,000 is a BIG opportunity, especially for those who haven't actually started their Bitcoin journey.

But again if we're lucky to see another crash below $100,000, everyone should be VERY bullish for the opportunity.

[JayJuanGee]

[edited out]

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.

Bitcoin is more than 10x (if not 1,000x) better than both gold and dollars (and other fiat currencies)

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.

Haha. Ser, I have ZERO regrets because my major purchase for HODLing was made when Bitcoin was still under $5,000. My post was more of making a point that having another chance of buying Bitcoin below $100,000 is a BIG opportunity, especially for those who haven't actually started their Bitcoin journey.

But again if we're lucky to see another crash below $100,000, everyone should be VERY bullish for the opportunity.

Sure it has all worked out for you, yet when you first registered on the forum in May 2016, bitcoin was right around $420, and it spent much of the remainder of 2016 between $500 and $700.. but instead, you waited to buy bitcoin until it went up to $19,666 in 2017 and then it crashed down to $3,124 in 2018, and then when it was recovering in April/May-ish of 2019, you finally decided to get started...nearly 3 years after you registered on the forum.

Even though I don't know your details, you still seem to be blinded by your own  rationalizing that it is better to buy bitcoin at 10x higher prices because you were buying on a dip.  And, I went through the numbers previously, so it is not like I need to go through the numbers again, right?

[ejikeme24]

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.

My post was more of making a point that having another chance of buying Bitcoin below $100,000 is a BIG opportunity, especially for those who haven't actually started their Bitcoin journey.

Buying now is also a big opportunity because no one knows what will be the next move so is better for those who haven't actually started thier bitcoin journey to start investing from now so long as thier discretionary funds is available, maybe in the process of doing this they might be lucky to have the opportunity to buy blow $100, 000 then, they will have to apply some aggressiveness rather than just waiting to buy bitcoin below $100, 000 because this is more like procrastination to me and we know that procrastination is a thief of time so it will be better for them to get started as soon as possible to avoid regret.

Moreover Anyone who is just getting started with bitcoin investment is not even supposed to be attempting to buy the dip because waiting to buy the dip can actually make you lose interest, because after waiting for like 4_5 months and you discovered that the price is still braking through instead of dipping, at this point you will be disappointed, this is why a no coiner shouldn't be attempting to buy the dip.

[SmartCharpa]

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.

We all have different situations and other things, some people may find it difficult to focus on buying Bitcoin as they wish. sometimes we might need to take care of other important things; such as our own needs, family, or improving our situation, because those things too also require some money and time. But if we think that Bitcoin is important investment for our future; we should try to make a better plan, even though we can't afford a lot right now, we can be consistent with what we have, no matter how small it is, the most important thing is to start and we can see a big difference in the future. Because it is all about understanding our needs, our targets, and doing what works best for us without comparing ourselves to other people.

Furthermore, it is all about planning and hard work, we may not always have the best conditions also, but if we remain serious and keep trying, we may gradually improve. Everyone way is different, so the most important thing is to remain focused and do our best with what we have.

[Tamaperdana]

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.

I think if we want to invest in a digital asset, my advice is to choose Bitcoin. Since its inception, Bitcoin has been a clearly digital investment asset. Gold, on the other hand, is a physical asset, so I don't think buying digital gold is a viable option. As far as I know, when investing in digital gold, we're only given transaction records on our phones, and we can't actually hold the gold. I don't think this is safe, as we're vulnerable to fraud. The data might show that we're buying gold, but in reality, the gold doesn't exist. Therefore, if we want to invest digitally, I think Bitcoin is the perfect choice. Although Bitcoin doesn't have a physical form, it has a robust blockchain system, which is decentralized, and when we buy Bitcoin, our Bitcoins are inviolable by others. That's why I personally prefer Bitcoin over gold when it comes to digital investments.

[AirtelBuzz]

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.

Of course it is true that many people try to explain through excuses that they are trying to fall but the meaning of this is that they are giving incomplete or fabricated reasons not to start investing in Bitcoin. We know that investing can be started with prudent funds and relevant and achievable goals are added there. However many of these people may have low discretionary income, but they can still think carefully and determine the amount for DCA from there. It is true that it is better to start now than to get tired of waiting for the decline and weaken your willpower, meaning that it will definitely be an optimistic and positive expression. A wise person said that after buying Bitcoin in 2014, it took three years to reach the new ATH which is now a small fraction. So even at this price, many can get excited and enjoy the new ATH which will be a small fraction even in a few years.

[Barikui1]

I think if we want to invest in a digital asset, my advice is to choose Bitcoin. Since its inception, Bitcoin has been a clearly digital investment asset. Gold, on the other hand, is a physical asset, so I don't think buying digital gold is a viable option. As far as I know, when investing in digital gold, we're only given transaction records on our phones, and we can't actually hold the gold. I don't think this is safe, as we're vulnerable to fraud. The data might show that we're buying gold, but in reality, the gold doesn't exist. Therefore, if we want to invest digitally, I think Bitcoin is the perfect choice. Although Bitcoin doesn't have a physical form, it has a robust blockchain system, which is decentralized, and when we buy Bitcoin, our Bitcoins are inviolable by others. That's why I personally prefer Bitcoin over gold when it comes to digital investments.

The number one reason why Bitcoin investment is way more better than gold is that gold is at or close to it peak, while Bitcoin is still pretty young and no where close to it peak price, so their is a higher probability that the growth potential of Bitcoin is extremely huge, and it's a no-brainer to invest in it now that it's still in it early days, than gold that is at it peak or close to it peak price.
Historically speaking, in the last 10 years, Bitcoin has outdone gold by a mile and it's showing more superiority and sign that it's still going to outdo gold in not just next ten years but next 20 years or more, so investment in Bitcoin now is way more better than investment in gold by a mile, that's why we should seize this golden opportunity and invest in it because in years to come, we will be happy for ourselves that we took this decisive decision now that's it's still early.

[Bluedrem]

Bitcoin is more than 10x (if not 1,000x) better than both gold and dollars (and other fiat currencies)

It is not just 10 times, I think it should be much more.
JJG Sir, if you look at the financial security and profit, it will be visible that Bitcoin is thousands of times better than gold or fiat currency.
In terms of financial security, Bitcoin is much safer than other regulators (gold, silver, fiat currency) because even though the amount of gold in the world is small, no one knows how much it is. People are constantly extracting gold from nature and currently people are creating artificial gold in laboratories, so the supply of gold may increase a lot at some point and if the supply increases, the price will definitely decrease. As a result, if someone invests in gold, he will lose his money.
Again, with the rate of inflation of fiat currency, saving money in fiat is nothing but the highest level of stupidity.

Since the supply of Bitcoin is limited and people are aware of its quantity, day by day they are putting more trust in Bitcoin and want to own the maximum amount of Bitcoin. So it is almost 100% certain that the price of Bitcoin will increase.
So in terms of financial security, Bitcoin will be several thousand times ahead.

Again, if you think about profit, then the fact that Bitcoin is several thousand times better can be understood by doing a small profit and loss calculation of the last few years -

In 2015, the highest price of Bitcoin was around $ 450.

Currently, the price of Bitcoin is $ 123,000.
That is, the amount of profit is 123,000÷450 = 273 times.

On the other hand, the price of gold at that time was - $ 1,200 per ounce, which has a current market price of $ 3,340.
That is, profit (3,380÷1,200) = 2.81 times

Bitcoin has a higher profit than gold (273-2.81) = 270.18 times.

On the other hand, if someone had deposited that money as fiat currency at that time, its current value would have decreased instead of increasing due to inflation.

The above points alone make it clear how much better Bitcoin is than gold or fiat.

[MainIbem]

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.

At this point there's no excuse for procrastination, all I can say is that they should keep waiting while the numbers keep doing otherwise, maybe it would take until Bitcoin adds another $100k to it's figures before they start investing, it's even better to open up as one of the Bitcoin critics than claim to be waiting for the dip cause that excuse is an expired one, makes no sense anymore cause someone who claim they're interested and have taken their time to get basic knowledge of what Bitcoin investment is all about wouldn't hesitate to invest but jump into it ASAP, so far that discretionary fund is available regardless of how low it is.

We know that investing can be started with prudent funds and relevant and achievable goals are added there. However many of these people may have low discretionary income, but they can still think carefully and determine the amount for DCA from there. It is true that it is better to start now than to get tired of waiting for the decline and weaken your willpower, meaning that it will definitely be an optimistic and positive expression. A wise person said that after buying Bitcoin in 2014, it took three years to reach the new ATH which is now a small fraction. So even at this price, many can get excited and enjoy the new ATH which will be a small fraction even in a few years.

If anyone is waiting for when they'll increase their discretionary funds before starting then they'll miss out on lots of opportunities don't you think it's same as waiting for the dip cause I see it as waiting for the price to drop to a point that would suit their discretionary which is almost not possible asides the halving period. Instead of that why won't they invest with the little they can start with and increase their accumulation gradually when their discretionary increases. Bitcoin works with time and most people might not get this current opportunity to buy cheap if they don't invest now.

[POPOLUV]

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.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.

[Finebone]

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.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.

You are not wrong actually, a new Bitcoin investor can decide to buy aggressively if he wish, but for it not to be a burden or a problem for his long term consistent buying and holdings, it must be done within his discretionary income, as long as it's within his discretionary income, he has nothing to worry about.

[Ricardo11]

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.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.

However, I think that instead of buying aggressively, buying consistently is more reasonable and it is more effective in the long run. Waiting for the price to drop for investment will never be reasonable, because the dump may never come as you expect, but by waiting for that uncertain dump, you will losing the current opportunity which still you have, So the most correct decision for investment is to invest consistently through DCA. Buying Bitcoin aggressively can sometimes be a cause of panic for you, because you are investing a large amount of money, but if the price drops a little due to volatility, you will become very panicked, but in the case of DCA, you will never have to panic, because you will keep buying a certain amount of money consistently according to your ability, as a result, your portfolio will be created at an average price, and your holding will gradually increase over time, so you will never have to panic in case of a large dump. Investors who consistently use DCA over the long term, they have the highest returns, compared to all other investment strategies. so investing in a disciplined, patient, and long-term strategy like DCA will most often bring you better results.

[Kelward]

I think if we want to invest in a digital asset, my advice is to choose Bitcoin. Since its inception, Bitcoin has been a clearly digital investment asset. Gold, on the other hand, is a physical asset, so I don't think buying digital gold is a viable option. As far as I know, when investing in digital gold, we're only given transaction records on our phones, and we can't actually hold the gold. I don't think this is safe, as we're vulnerable to fraud. The data might show that we're buying gold, but in reality, the gold doesn't exist. Therefore, if we want to invest digitally, I think Bitcoin is the perfect choice. Although Bitcoin doesn't have a physical form, it has a robust blockchain system, which is decentralized, and when we buy Bitcoin, our Bitcoins are inviolable by others. That's why I personally prefer Bitcoin over gold when it comes to digital investments.

The number one reason why Bitcoin investment is way more better than gold is that gold is at or close to it peak, while Bitcoin is still pretty young and no where close to it peak price, so their is a higher probability that the growth potential of Bitcoin is extremely huge, and it's a no-brainer to invest in it now that it's still in it early days, than gold that is at it peak or close to it peak price.
Historically speaking, in the last 10 years, Bitcoin has outdone gold by a mile and it's showing more superiority and sign that it's still going to outdo gold in not just next ten years but next 20 years or more, so investment in Bitcoin now is way more better than investment in gold by a mile, that's why we should seize this golden opportunity and invest in it because in years to come, we will be happy for ourselves that we took this decisive decision now that's it's still early.

The term "digital gold" is mainly referred to Bitcoin because it has potentials like gold because they are both valued assets, gold is scarce and Bitcoin has limited supply. I don't quite agree that gold has reached it's peak because even if it's not found underneath the earth anymore it'll have limited supply like Bitcoin. The edge that Bitcoin has over gold is that Bitcoin cannot exceed 21 million but if gold is somehow discovered in excess and it floods the market where supply exceeds demand that will surely reduce it's value.

Our focus on this thread is about Bitcoin and how it is not only the best digital asset to hold, it is also one of the best investment if you're comparing it with every known profitable physical assets. In less than two decades of it's creation Bitcoin has made so much impact so much more than any other assets, considering that the others have been there for ages. I see Bitcoin being a top valued asset in less then two decades in the future so this is an opportunity for every smart investors to buy now and hodl then keep buying into the future.

[Proty]

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.

I really do wonder why people are so much paying attention to the reason behind the increase in price of bitcoin instead of shifting there focus to building a good portfolio. The increase in price of bitcoin shouldn't be of concern to a no coiner or a low coiner ,there major focus should be on continuous accumulation of bitcoin and holding till there portfolio are in good position. Bitcoin has proven it's worth even before Donald trump entered office, so I believe it is mostly those that doesn't believe that bitcoin will rise to this level that is always attributing the growth of bitcoin to some group of person. Bitcoin is a decentralised cryptocurrency and as such its growth is doesn't entirely on government agency .

[Jostern]

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.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.

However, I think that instead of buying aggressively, buying consistently is more reasonable and it is more effective in the long run. Waiting for the price to drop for investment will never be reasonable, because the dump may never come as you expect, but by waiting for that uncertain dump, you will losing the current opportunity which still you have, So the most correct decision for investment is to invest consistently through DCA. Buying Bitcoin aggressively can sometimes be a cause of panic for you, because you are investing a large amount of money, but if the price drops a little due to volatility, you will become very panicked, but in the case of DCA, you will never have to panic, because you will keep buying a certain amount of money consistently according to your ability, as a result, your portfolio will be created at an average price, and your holding will gradually increase over time, so you will never have to panic in case of a large dump. Investors who consistently use DCA over the long term, they have the highest returns, compared to all other investment strategies. so investing in a disciplined, patient, and long-term strategy like DCA will most often bring you better results.

I disagree with you at some point in your statement which I think, buying aggressively is reasonable in the sense that you’ve the opportunity to accumulate and stack up more bitcoin into your portfolio providing that you’re comfortable and doing it caution and you’re not going beyond your discretionary income, well I wouldn’t dispute the fact that we’ve to do it consistently because for someone who want to invest in bitcoin in a longer term and not just for a short term plan it is just wise that we should be investing and accumulating bitcoin consistently which is what is required from us to achieve our goals, perhaps in the long run that I have an opportunity that comes from having more discretionary income, and then in other words that we come across a dip which is an opportunity the the market it is quite reasonable to take the opportunity of doing it aggressively considering that we’ve more chance of buying more with a lower price, and then you’re not waiting for a dip to accumulate but you keep accumulating consistently not considering what the situation of the market looks like, I don’t see any reason why someone who have been buying Bitcoin aggressively would panic when there is a downturn or dip in the price of Bitcoin, instead it presents a different perspective and opportunity to buy more and also doing it aggressively, building a portfolio in Bitcoin is controlled by different mindset, nobody is actually going to make decisions for anyone on how to make Bitcoin investment, but just some essential information and tip on how to be able to build a very good portfolio in Bitcoin, that is why it’s important to have a financial management to invest in Bitcoin to were you can create more opportunities to have more Bitcoin to buy aggressively and consistently both are very wise, buying consistently is good and also buying aggressively is also good provided that we don’t go over aggressive against our expenses. Don’t forget that there are guys who have been in bitcoin for a long time now and they also appreciate buying lump sums because they already have large financial capabilities and they also seems to be doing good. So it’s our decision to choose which methods that are best for us to do it consistently and aggressively.

[AVE5]

[edited out]

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.

Bitcoin is more than 10x (if not 1,000x) better than both gold and dollars (and other fiat currencies)

[edited out]

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.

Bitcoin is more than 10x (if not 1,000x) better than both gold and dollars (and other fiat currencies)

What're we deliberating here? comparing bitcoin to physical gold or the CBN reserved notes going dusty?
So how about if we trace all em historical performances to know which has really done well to be called a gold with other potentials?
The utmost value of gold is the treasure bond for monetary reserve in the long term.
So in a bit sanitization, bitcoin has gained global attention that has also attained the potential of treasure reserve and created it own market capitalization just like that of physical gold. And behind the scenes, bitcoin has acquired more liquidation than gold just in a period of it existence of 16 years while gold has existed for decades even before technological tool used to develop bitcoin was invented.

Undermining their volatilities, bitcoin is Worth $122,000 today while gold is $3,000. So which really hold that attractive bond for reserve if we must talk about a store of value?
If we also have to consider their safeness and users freedom and convenience, bitcoin still takes the lead as gold is regulated and can economically manipulate its values which doesn't give users full custodian of their assets but bitcoin has it all with it digital and decentralization as a safe haven.

[Miramax12]

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.

We all have different situations and other things, some people may find it difficult to focus on buying Bitcoin as they wish. sometimes we might need to take care of other important things; such as our own needs, family, or improving our situation, because those things too also require some money and time. But if we think that Bitcoin is important investment for our future; we should try to make a better plan, even though we can't afford a lot right now, we can be consistent with what we have, no matter how small it is, the most important thing is to start and we can see a big difference in the future. Because it is all about understanding our needs, our targets, and doing what works best for us without comparing ourselves to other people.

Furthermore, it is all about planning and hard work, we may not always have the best conditions also, but if we remain serious and keep trying, we may gradually improve. Everyone way is different, so the most important thing is to remain focused and do our best with what we have.

Life is very challenging at every one of us and sometime the pressure is very much . it is very difficult to balance when you have a family that is large ,you are  still strongly financially and you  are trying  your best to invest bitcoin,  like you said, if you can be investing in bitcoin gradually you can be able to build a better portfolio one day  that's the mindset of everybody and if you are progressing or knowing bitcoin it can be a long term opportunity if you are making little effort  you don't have to compare yourself with any body

[Cpt_reader]

 Of course it is true that many people try to explain through excuses that they are trying to fall but the meaning of this is that they are giving incomplete or fabricated reasons not to start investing in Bitcoin. We know that investing can be started with prudent funds and relevant and achievable goals are added there. However many of these people may have low discretionary income, but they can still think carefully and determine the amount for DCA from there. It is true that it is better to start now than to get tired of waiting for the decline and weaken your willpower, meaning that it will definitely be an optimistic and positive expression. A wise person said that after buying Bitcoin in 2014, it took three years to reach the new ATH which is now a small fraction. So even at this price, many can get excited and enjoy the new ATH which will be a small fraction even in a few years.

I completely agree with you. In 2010,
0.003×1×123,000=369
0.003×2×123,000=738
0.003×3×123,000 =1107
0.003×4×123,000 =1476
0.003×5×123,000 =1845
0.003×6×123,000 =2214
0.003×7×123,000= 2583
0.003×8×123,000 =2952
0.003×9×123,000 =3321
 0.003×10×123,000 =3690$

Actually, you don't need a lot of money to invest.If someone had invested just $10, they would have had this much money today. I wish I had invested $100 at that time.  But anyway, there is no point in regretting, I will invest what I can now. After 10-20 years, such a picture will come before us again. So I would say there is no need to invest too much, invest according to your ability now. Whatever you invest, hold it for the long term, think of your money as deposited in the bank, hope success will come.

[Miramax12]

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.

I think if we want to invest in a digital asset, my advice is to choose Bitcoin. Since its inception, Bitcoin has been a clearly digital investment asset. Gold, on the other hand, is a physical asset, so I don't think buying digital gold is a viable option. As far as I know, when investing in digital gold, we're only given transaction records on our phones, and we can't actually hold the gold. I don't think this is safe, as we're vulnerable to fraud. The data might show that we're buying gold, but in reality, the gold doesn't exist. Therefore, if we want to invest digitally, I think Bitcoin is the perfect choice. Although Bitcoin doesn't have a physical form, it has a robust blockchain system, which is decentralized, and when we buy Bitcoin, our Bitcoins are inviolable by others. That's why I personally prefer Bitcoin over gold when it comes to digital investments.

your point is very clear, trustless of these transparent nature of the bitcoin or blockchain it gives it clean view of  the edge when it comes to the digital investment with bitcoin we don't have to rely on the second or third party that promises you hope that asset we pay immediately. for digital gold often feels like figures on the screen with very low backing clarity, bitcoin may not be physical but its  can be of a security and decentralization that's speak  volumes , for anyone that's very serious  about investing in digitally  then bitcoin is smarter and very saver

[Cryptohygenic]

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.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.

Beneath, those waiting to buy at the Dip are investors whose discretionary incomes may not be impressive to buy at all times just as JJG  gave an accompany with Wind_FURY's future accumulation plans. Perhaps everyone knows when it is best time for them to buy and it is best known to them regardless of our emotions and the value of our ok incomes but while anyone may hope to buy on a specific Dip price, it might end regretting if the price never fall to the expected margin. So it is always better to buy at any price than never did because alas will end up not owning a single value or you probably may have spent the little on things that are rated below owning some fraction of bitcoin.
We can leave aggressive buying for the whalers or those with sufficient funds.