Buy the DIP, and HODL!

[ZeroVinsonN]

And talking about mentally readiness for price fluctuation for new investors, there is need to be investing smaller amounts of money that is being more conservative just as they will be gaining more confidence about the market experience most times is the best teacher.

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

A good mindset is necessary to succeed in bitcoin investment but you also need to understand that when a newbie buys in lump sum they are at a higher chance of selling too early due to price fluctuations than why they DCA with the amounts from their discretionary funds after all bitcoin investment should be done with money we can afford to lose, building the mentality to invest for long term isn't always easy especially for newbies, it takes effort and it's even harder when they invest lump sum at a single go and then the price DIPs, a sense of loss will almost definitely set in for a newbie pushing them to want to sell when they should HODL

[SmartCharpa]

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

Somehow guys have to get over their ideas about price and just consider buying bitcoin at any price for 4-10 years or longer, and then perhaps study bitcoin along the way, and maybe after a couple of years accumulating bitcoin they might start to get some better ideas about bitcoin.

Exactly, most individuals who claim Bitcoin is too expensive have no idea of its value. They only look at the price today and don't see what is important. Some of them try to buy when the price drops, but because they lack patience or deep knowledge, they end up selling too early, perhaps out of fear or a need for quick money. That type of mindset might cause people not to see the real advantages of Bitcoin.

In my opinion, if someone wants to succeed in Bitcoin, they need to stop worrying about the price. Whether the price is high or low, the perfect way is to buy little by little and hold for a long time, like 4 to 10 years or more. While doing so, they can also use time to learn more about Bitcoin and how it works. After some years of buying and holding, they will understand better and learn how the market works without fear. This is how to achieve real success in Bitcoin.

[Barikui1]

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

You are actually right bro, if the mindset is right from the beginning, they will surely do well on the longer run, but take note that money I invest in Bitcoin today may be small to me, but it can also be very huge to another, so the right thing you should be saying is that every Bitcoin Investor should invest what he can afford to lose base on his level, the problem most of this investors usually have is that they didn't come into Bitcoin investment with a long term perspective, they want to just make quick money, not knowing that the way Bitcoin is wired, it's more profitable and lucrative to hold for a longer duration than a shorter timeframe, but any newbie investors that has the right mindset from the beginning and is equally investing an amount he can afford to lose, their is a higher probability that that person will be successful in his investment.

[Cossyblack]

And talking about mentally readiness for price fluctuation for new investors, there is need to be investing smaller amounts of money that is being more conservative just as they will be gaining more confidence about the market experience most times is the best teacher.

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

A good mindset is necessary to succeed in bitcoin investment but you also need to understand that when a newbie buys in lump sum they are at a higher chance of selling too early due to price fluctuations than why they DCA with the amounts from their discretionary funds after all bitcoin investment should be done with money we can afford to lose, building the mentality to invest for long term isn't always easy especially for newbies, it takes effort and it's even harder when they invest lump sum at a single go and then the price DIPs, a sense of loss will almost definitely set in for a newbie pushing them to want to sell when they should HODL

A situation where a newbie wants to sell his Bitcoin stash when the price isn't moving to the direction he intended shows he is a trader that is timing the market. He already has an objective to sell when the price appreciate a little to make cheaper gains and also to sells if the price starts fluctuating. Newbie with this mindset doesn't have the intention to Hodl because they lack confidence in Bitcoin. An investor who has confidence in the potential of Bitcoin can still invest in Bitcoin for the long term using any of this technique(Lump sum or DCA) to buy /accumulate bitcoin and Hodl. However accumulating bitcoin using DCA have a better advantage over lump sum but both techniques are good provided he has a discretional income for purchase.

[Regardme]

74% of Bitcoin is now in the hands of long-term holders, which is the highest in the last 15 years. No one is selling. This is actually very pleasing to hear and encouraging for those of us who have been involved in long-term investments for a long time and we have been discussing this topic here for a long time. We will definitely see a good portfolio in our wallets in the future.

Source

I like how this data is placed although I don't no if this is accurate between holders and non holders but one thing I like about this is that it states the clarification of those non holders who are thinking that Bitcoin are majorly in the possession of those who are always going shot than those of us who are doing for a long term to goal, so actually this means that 70% plus of Bitcoin is already been taken by the long term investors while 20% plus are for non holders this is a positive figure that should make someone who think that all the people in bitcoin are more of non holders to reconsider there perception.

Well the facts that 70%+ of Bitcoin is own by long term investors is a real hit that is showing how people like to Hodl their Bitcoin and if more people are into long term investment it would be more beneficial to the them and the community.
Some people follow the majority and I think as the number of figures of long term holders increases, more people will opt into long term investment in bitcoin.

Your words are undoubtedly hopeful. Now 74 percent of Bitcoin is being held, that is, not selling now. 74% of Bitcoin is held by long-term holders, indicating a strong foundation for the Bitcoin ecosystem. However, when the price increases, many long-term holders can also take profits. The graph also shows that this happened in the bull market of 2017 and 2021, when the LTH % decreased. This means that long-term holders do not hold forever, they usually sell when the price increases. So it is important to not only hold it, but also understand when to sell. When so many Bitcoins are lying with long-term holders, the supply in the market decreases. That is, on the one hand, demand increases but supply decreases, then the price increases rapidly. Suppose 10 people want to buy Bitcoin, but only two are willing to sell. In this case, they have to buy at a higher price, which can be one of the reasons for the future price increase.  Considering these aspects will provide a more complete understanding of the Bitcoin market.

You’ve made a great point! You're right that the 74% of Bitcoin held by long-term holders (LTHs) creates a tight supply, which can dilate price increases when demand spikes, thereby signals strong conviction in the bitcoin ecosystem. As you mentioned, LTHs don't hold forever. In 2017 and 2021, LTH supply dropped as prices soared, which indicated that there was a profit-takings This propose that long term holders are strategic,  often waiting for key price levels for example, previous all-time highs to sell. Understanding these patterns can help time exits. Selling too early might miss gain’s as such, Holding is powerful, but having a plan for taking profits is equally important.

[Muba20]

You’ve made a great point! You're right that the 74% of Bitcoin held by long-term holders (LTHs) creates a tight supply, which can dilate price increases when demand spikes, thereby signals strong conviction in the bitcoin ecosystem. As you mentioned, LTHs don't hold forever. In 2017 and 2021, LTH supply dropped as prices soared, which indicated that there was a profit-takings This propose that long term holders are strategic,  often waiting for key price levels for example, previous all-time highs to sell. Understanding these patterns can help time exits. Selling too early might miss gain’s as such, Holding is powerful, but having a plan for taking profits is equally important.

If an investor wants to take profits after holding for a long time, it is entirely up to him. We often see that long-term holders of Bitcoin have sold some of their Bitcoins. If someone wants to take profits by selling their coins after holding for 10 years, that is certainly fine for them. Those investors are doing it strategically. If a large holder wants to sell 10,000 Bitcoins that he has been holding for almost 10 years, it is very normal.

Who are ordinary investors, the situation is completely different. We cannot afford to buy so many Bitcoins at once, so their strategy will not be the same as the strategy of ordinary investors. We should regularly grow our Bitcoin portfolio with our discretionary income as much as we can so that in the long run we can also grow our portfolio according to our investments.

[Dunamisx]

Season of buying the dip and hodl is never over, we can adopt the use of one or two accumulation strategies such as DCA in buying to hodl upon every dip, this makes us to have the foresight ahead of what is expected, because we are already under a particular patter than can help meet up with the future demands in selling, base of the strategy adopted.

Then if we think we are not the good type that can know when exactly is the best time for an investment to be taken, then we may only have to wait and hold with our asset, till the market pump and be in our favour before we can sell, which is best approach for anyone to take and be more safe.

[Wind_FURY]

👀
My fellow plebs, it's very important that to those who are left among us to keep HODLing Bitcoin. Retail HODLers have been going down and it's going negative week on week, month on month, then later - YEAR ON YEAR. The institutions have definitely come and will be willing to take your Bitcoin away from you at ANY price. MAKE IT EXPENSIVE FOR THEM - HODL.

Holding and continuing to buy is likely a much better way forward in order to continue to reinforce the ongoing accumulation of bitcoin, especially no low coiners who are in their first cycle or two of BTC accumulation.

What are your shower thoughts for that graph, JJG? Retail accumulated a lot of coins and had higher combined holdings of Bitcoin from July, 2022 through Jaunary, 2024, then the institutions started accumulating and now have more holdings than the retail/pleb investors.

Will that institutional buying surge continue, or will we see another surge for retail buyers during the next cycle?

Your interpretation seems reasonable in terms of institutions seem to be coming into bitcoin BIGGEDLY in recent times, and surely each of us who knows about bitcoin likely needs to continue to accumulate bitcoin to the best of our abilities since we do not know the future and bitcoin prices could continue to go up and then if we wait until later, we may well have to pay more to get bitcoin.  Accordingly, BIGGER players seem to be coming in and sucking up the bitcoin supply which seems to continue to cause upward pressures on the BTC prices. 

We should always be trying to protect ourselves, which I have frequently attributed that to needs to be ongoingly persistently, consistently and perhaps even aggressively buying of bitcoin, whether the graph supports it or not.

We already know that in a zoomed out to the maximum view of the Bitcoin chart that it's only going up, knowing how the Federal Reserve and the world's Central Banks will NEVER stop printing money. 👀
 - Because of that, I may need to go against my "pleb-nature" and set up another cold-storage wallet just for DCA. I wouldn't like to have the feeling "that I don't own enough Bitcoin". DCA would psychologically help me with that.
 

In some sense, even if you had been whimpy in your bitcoin accumulation at various points along the way, you still likely have way overaccumulated as compared to folks who either refuse to get into bitcoin or perhaps similarly situated persons who ended up trading rather than accumulating and holding.

It's probably just greed, and a little feeling of FOMO when I read all of the bullish information being posted on X. Plus as a personal "rule", if I have more than six to seven months worth of monthly expenses saved, the rest I should invest. But everything I like, like Bitcoin and Gold, looks "expensive" now. The only strategy to do is DCA during the current market condition.

I will agree with you that it takes a long time to really get to a point that you have enough BTC or more than enough BTC, and sometimes we erroneously come to the conclusion that we have enough bitcoin, when we do not.. .. and so in that regard, waiting for the dip can be dangerous, and if you figure out some reasonable way to do some DCA and also save for the dip (that might not come), then at least you would have had hedged..   There are likely still going to be a lot of folks similar to you who had failed/refused to act to accumulate bitcoin.. even going back to 2019... and of course, I criticize you for the period between 2016 and 2019, yet at the same time, we cannot turn back the clocks.. and we just have to figure out what we are going to do from here on out and either put some kind of plan in place that we consider to be reasonable or perhaps to tweak whatever plan we had in place and start to act upon such tweaked plan arrangements.

Only you are in a position to determine how much of a budget to allocate towards DCA and how much to allocate towards buying dips that might not end up happening.

It's not merely about "not having enough of Bitcoin". It's also because holding cash as savings would go down in value.

[Tamaperdana]

Sure, Bitcoin was cheap a few years ago, and many people overlooked it because they didn't think it was worth their money to take the risks, but some had the opportunity to buy when it was around $10k or $20k. However, we can see rich people continue to buy more and more of it. And some people feel that Bitcoin can be challenging for them to buy. If we wait too long, the price will get higher, which will make it difficult for us to buy even a small. Some people who have yet to buy should understand that if they do not do it now, they may miss the opportunity, like some people lost it before 2020 and 2022. Many people expected the price to fall, but the price continued to increase.

It’s best to start now, even if it is just a small amount. We don't need to buy everything at once, you may buy a little when you have the money. It's just a matter of starting somewhere, because some people will not start at all, and the future may be more difficult. When Bitcoin becomes too expensive, we may not be able to buy it again. So, earlier is better, even if it is small, rather than waiting and regretting later.

That's why we must be able to use our minds well, because I'm sure people who think the current bitcoin price is expensive, don't think and don't analyze for the next 10 years. They only think for the short term, that's why they think that the current bitcoin price is expensive and they prefer to wait for the price to drop to make a purchase. Even though if they just learn a little about bitcoin, I'm sure they will also realize that the action of waiting for the price to drop is very inappropriate. But unfortunately there are still many people who are reluctant to think in that direction and only focus on the price of bitcoin which they consider expensive.

To be honest, I personally also regret very much for people who do not make the decision to invest at this time in bitcoin. Because I also used to be in a phase like them, which was just waiting for the price of bitcoin to drop. But after I find out little by little, it turns out that the action I did was wrong. Because when we invest in bitcoin, we will struggle with time. Because bitcoin is different from other assets, because bitcoin has a very fast price growth, so if you wait too much, it is certain that you will lose a lot of momentum. For this reason, there is such a thing as a DCA strategy, actually this strategy is very helpful to make us more consistent and directed.

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

Somehow guys have to get over their ideas about price and just consider buying bitcoin at any price for 4-10 years or longer, and then perhaps study bitcoin along the way, and maybe after a couple of years accumulating bitcoin they might start to get some better ideas about bitcoin.

Yes, generally speaking, making people aware of Bitcoin's potential and showing them how to properly utilize it is not easy. Because sometimes people's perceptions are difficult to change, even when presented with concrete evidence. In my opinion, Bitcoin has proven this decade to be a highly relevant investment asset worth buying at any price. For example, when Bitcoin hit a new all-time high in the previous bull cycle, around $68,000, many people were hesitant to accumulate at that price.

But those who did buy at that time certainly won't regret it now, as Bitcoin has now reached $120,000. So, if we learn from this incident, it's clear that buying Bitcoin now, at any price, if we hold it long-term, will likely yield a profit. So, what's there to be confused about when investing in Bitcoin? The problem is, not everyone's perception reaches that level.

[Kelward]

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

You are actually right bro, if the mindset is right from the beginning, they will surely do well on the longer run, but take note that money I invest in Bitcoin today may be small to me, but it can also be very huge to another, so the right thing you should be saying is that every Bitcoin Investor should invest what he can afford to lose base on his level, the problem most of this investors usually have is that they didn't come into Bitcoin investment with a long term perspective, they want to just make quick money, not knowing that the way Bitcoin is wired, it's more profitable and lucrative to hold for a longer duration than a shorter timeframe, but any newbie investors that has the right mindset from the beginning and is equally investing an amount he can afford to lose, their is a higher probability that that person will be successful in his investment.

I cannot tell a newbie investor how much to start their DCA journey with, they have to make a budget of their income and determine how much they can conveniently use to invest in Bitcoin.

I don't have the mindset of "invest what you can afford to loose" when it comes to Bitcoin investment, I believe that the phrase is best suited for gambling and shitcoins. It is investments that you're not sure of their ROI in the future that you can invest insignificant amounts so if the project dies you will only loose your insignificant amount.

In Bitcoin investment you can invest with lump sums or DCA method depending on your financial strength and budget allocation. Instead of investing what I can afford to loose in Bitcoin investment because I know that it's a store of value I'll rather invest with amount that I can conveniently afford for a valued asset not what I can loose. Amount that I can use to buy Bitcoin is gotten after I priotize my financial needs, not an insignificant amounts.

[Silikiem]

Season of buying the dip and hodl is never over, we can adopt the use of one or two accumulation strategies such as DCA in buying to hodl upon every dip, this makes us to have the foresight ahead of what is expected, because we are already under a particular patter than can help meet up with the future demands in selling, base of the strategy adopted.

Then if we think we are not the good type that can know when exactly is the best time for an investment to be taken, then we may only have to wait and hold with our asset, till the market pump and be in our favour before we can sell, which is best approach for anyone to take and be more safe.

As a long term bitcoin investor, whose initial strategy is based on the long term goal of accumulating and hodl bitcoin, I don’t think there’s a a particular time designated as the best time to accumulate bitcoin and hodl for the long term goal of consistently, or rather persistently accumulate bitcoin and build up your portfolio. The idea of waiting to buy the dip isn’t the best strategy or should I say that such approach is a wrong approach and is capable of misleading newbies who wants to venture into bitcoin investment. The reason is because while waiting for the dip to occur, so much time have been wasted and this time wasted would have been able to go a long way in accumulating a reasonable amount of bitcoin stash and gradually build up your portfolio. Waiting to buy in the dip which might not occur, you are liable to lose interest in your quest for bitcoin investment and even if you already started, you might end up abandoning your investment because you are waiting for the dip to occur and you keep getting disappointed and start panicking to sell for quick gains. Such mindset is a trading mindset and not an investor’s mindset.
The DCA method of accumulating bitcoin is there to enable you accumulate bitcoin no matter the price, and without timing the market. You mustn’t buy all the bitcoins, you can accumulate little by little using just your discretionary income. If eventually along the line as you keep accumulating and then boom the dip occurs, it’s just going to be an added advantage for you to accumulate as much as you can and hodl. But waiting to buy only when its dip shouldn’t be the basis upon which you’re building your investment because it’s going to slow you down and you might end up not even continuing your investment.

[Bd officer]

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

I think this happens more to newbies. Maybe after getting an idea about Bitcoin, they think the current price is expensive after seeing the past price of Bitcoin. Actually, Bitcoin has never been expensive, Bitcoin has not been expensive in the past and Bitcoin is not expensive in the present either, because the price of Bitcoin will not remain stable here, but rather the price of Bitcoin will increase a lot over time. Now those who think Bitcoin is expensive should gain proper knowledge about Bitcoin, because if they do not have proper knowledge, they will not consider Bitcoin trustworthy. You have to invest in Bitcoin with trust and hold it.

[Jostern]

👀
My fellow plebs, it's very important that to those who are left among us to keep HODLing Bitcoin. Retail HODLers have been going down and it's going negative week on week, month on month, then later - YEAR ON YEAR. The institutions have definitely come and will be willing to take your Bitcoin away from you at ANY price. MAKE IT EXPENSIVE FOR THEM - HODL.

Holding and continuing to buy is likely a much better way forward in order to continue to reinforce the ongoing accumulation of bitcoin, especially no low coiners who are in their first cycle or two of BTC accumulation.

What are your shower thoughts for that graph, JJG? Retail accumulated a lot of coins and had higher combined holdings of Bitcoin from July, 2022 through Jaunary, 2024, then the institutions started accumulating and now have more holdings than the retail/pleb investors.

Will that institutional buying surge continue, or will we see another surge for retail buyers during the next cycle?

Your interpretation seems reasonable in terms of institutions seem to be coming into bitcoin BIGGEDLY in recent times, and surely each of us who knows about bitcoin likely needs to continue to accumulate bitcoin to the best of our abilities since we do not know the future and bitcoin prices could continue to go up and then if we wait until later, we may well have to pay more to get bitcoin.  Accordingly, BIGGER players seem to be coming in and sucking up the bitcoin supply which seems to continue to cause upward pressures on the BTC prices. 

We should always be trying to protect ourselves, which I have frequently attributed that to needs to be ongoingly persistently, consistently and perhaps even aggressively buying of bitcoin, whether the graph supports it or not.

We already know that in a zoomed out to the maximum view of the Bitcoin chart that it's only going up, knowing how the Federal Reserve and the world's Central Banks will NEVER stop printing money. 👀
 - Because of that, I may need to go against my "pleb-nature" and set up another cold-storage wallet just for DCA. I wouldn't like to have the feeling "that I don't own enough Bitcoin". DCA would psychologically help me with that.
 

In some sense, even if you had been whimpy in your bitcoin accumulation at various points along the way, you still likely have way overaccumulated as compared to folks who either refuse to get into bitcoin or perhaps similarly situated persons who ended up trading rather than accumulating and holding.

It's probably just greed, and a little feeling of FOMO when I read all of the bullish information being posted on X. Plus as a personal "rule", if I have more than six to seven months worth of monthly expenses saved, the rest I should invest. But everything I like, like Bitcoin and Gold, looks "expensive" now. The only strategy to do is DCA during the current market condition.

I will agree with you that it takes a long time to really get to a point that you have enough BTC or more than enough BTC, and sometimes we erroneously come to the conclusion that we have enough bitcoin, when we do not.. .. and so in that regard, waiting for the dip can be dangerous, and if you figure out some reasonable way to do some DCA and also save for the dip (that might not come), then at least you would have had hedged..   There are likely still going to be a lot of folks similar to you who had failed/refused to act to accumulate bitcoin.. even going back to 2019... and of course, I criticize you for the period between 2016 and 2019, yet at the same time, we cannot turn back the clocks.. and we just have to figure out what we are going to do from here on out and either put some kind of plan in place that we consider to be reasonable or perhaps to tweak whatever plan we had in place and start to act upon such tweaked plan arrangements.

Only you are in a position to determine how much of a budget to allocate towards DCA and how much to allocate towards buying dips that might not end up happening.

It's not merely about "not having enough of Bitcoin". It's also because holding cash as savings would go down in value.

Having a lot of bitcoin takes a lot of time to achieve which we all know all of this scenarios, People who doesn’t have knowledge about bitcoin and people who don’t have interest in anything about bitcoin would prefer holding cash and having money in the bank because they’ll feel that bitcoin isn’t safe for them, sometimes you’ll have to understand that you can always have a lot of bitcoin in place and to accumulate a good number of bitcoins doesn’t just depend on having a discretionary income but just to have a stability and sustainable strategy to be able to accumulate and have a good number of bitcoin. I will agree that it might take along time to build and stack enough bitcoin which depends on our financial capabilities.

Sometimes we might want to think and conclude that we’ve a very good amount of bitcoin but equally we might also realize that we’ don’t have enough as we think considering what amount someone must have accumulated enough bitcoin in a short time interval, some folks it doesn’t take them a full circle to have enough bitcoin in their portfolio because they believe they can invest with lump sums and try to accumulate their bitcoin in a short while, and I also think that there are people who might not even accumulate enough bitcoin in one full circle because they might not be consistent with their accumulation or probably they must have been accumulating little by little and it will take like two circle to have enough bitcoin in their portfolio

[abaeze]

The Smarter Web Company buys 225 more Bitcoin, boosting its holdings to 2,050 BTC.  
• Paid £88,482 per BTC, totaling £19.9M.  
• Year-to-date BTC yield hits 49,198%.  
• £500K left for future Bitcoin buys.
Source
Holding is the power of Bitcoin adaptation. The more we hold the more profit Bitcoin back in the future. Everyone has this opportunity now, and those who take advantage of it will eventually own Bitcoin.

[Ruttoshi]

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

I think this happens more to newbies. Maybe after getting an idea about Bitcoin, they think the current price is expensive after seeing the past price of Bitcoin. Actually, Bitcoin has never been expensive, Bitcoin has not been expensive in the past and Bitcoin is not expensive in the present either, because the price of Bitcoin will not remain stable here, but rather the price of Bitcoin will increase a lot over time. Now those who think Bitcoin is expensive should gain proper knowledge about Bitcoin, because if they do not have proper knowledge, they will not consider Bitcoin trustworthy. You have to invest in Bitcoin with trust and hold it.

Not only newbies have this mindset of not buying bitcoin at the bull run and say that's expensive. Even old forum members also have this mindset because they are more focused on buying and the bear market and sell at the bull run. Such people are only traders and will regret their actions in future when they will be left with very little bitcoin and miss out from the compounding value of their portfolio. They fail to understand that the bitcoin that you bought when the price was $17k in 2022, cannot be bought for such amount again after they sell it. You buy bitcoin for higher amount overtime because the price keeps on increasing overtime.

It's really a wrong mindset to be playing such a game with your bitcoin instead of just constantly continue buying ongoingly for 4-10 years and above for your future. This is why you need to have a long-term investment mindset in the beginning of your bitcoin investment and set a bitcoin target to accumulate.

[Odohu]

The Smarter Web Company buys 225 more Bitcoin, boosting its holdings to 2,050 BTC.  
• Paid £88,482 per BTC, totaling £19.9M.  
• Year-to-date BTC yield hits 49,198%.  
• £500K left for future Bitcoin buys.
Source
Holding is the power of Bitcoin adaptation. The more we hold the more profit Bitcoin back in the future. Everyone has this opportunity now, and those who take advantage of it will eventually own Bitcoin.

Seeing how institutions are consolidating on their Bitcoin collection, I hope that is inspiring you to take your Bitcoin accumulation seriously? It is not enough to enjoy the news of others securing their future without doing what the rich are doing to stay rich. Bitcoin offer ordinary people like us the opportunity to change our situation and that of our generation; from the available records, Bitcoin have made more new millionaires than any traditional industry therefore we should not sleep on this.

Find any of the Bitcoin accumulation method especially the DCA method and start putting a good proportion of your discretionary income for the future, such action might be the best thing you would have done your entire life.

[Derekfunds]

Sure, Bitcoin was cheap a few years ago, and many people overlooked it because they didn't think it was worth their money to take the risks, but some had the opportunity to buy when it was around $10k or $20k. However, we can see rich people continue to buy more and more of it. And some people feel that Bitcoin can be challenging for them to buy. If we wait too long, the price will get higher, which will make it difficult for us to buy even a small. Some people who have yet to buy should understand that if they do not do it now, they may miss the opportunity, like some people lost it before 2020 and 2022. Many people expected the price to fall, but the price continued to increase.

It’s best to start now, even if it is just a small amount. We don't need to buy everything at once, you may buy a little when you have the money. It's just a matter of starting somewhere, because some people will not start at all, and the future may be more difficult. When Bitcoin becomes too expensive, we may not be able to buy it again. So, earlier is better, even if it is small, rather than waiting and regretting later.

That's why we must be able to use our minds well, because I'm sure people who think the current bitcoin price is expensive, don't think and don't analyze for the next 10 years. They only think for the short term, that's why they think that the current bitcoin price is expensive and they prefer to wait for the price to drop to make a purchase. Even though if they just learn a little about bitcoin, I'm sure they will also realize that the action of waiting for the price to drop is very inappropriate. But unfortunately there are still many people who are reluctant to think in that direction and only focus on the price of bitcoin which they consider expensive.

To be honest, I personally also regret very much for people who do not make the decision to invest at this time in bitcoin. Because I also used to be in a phase like them, which was just waiting for the price of bitcoin to drop. But after I find out little by little, it turns out that the action I did was wrong. Because when we invest in bitcoin, we will struggle with time. Because bitcoin is different from other assets, because bitcoin has a very fast price growth, so if you wait too much, it is certain that you will lose a lot of momentum. For this reason, there is such a thing as a DCA strategy, actually this strategy is very helpful to make us more consistent and directed.

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

Somehow guys have to get over their ideas about price and just consider buying bitcoin at any price for 4-10 years or longer, and then perhaps study bitcoin along the way, and maybe after a couple of years accumulating bitcoin they might start to get some better ideas about bitcoin.

Yes, generally speaking, making people aware of Bitcoin's potential and showing them how to properly utilize it is not easy. Because sometimes people's perceptions are difficult to change, even when presented with concrete evidence. In my opinion, Bitcoin has proven this decade to be a highly relevant investment asset worth buying at any price. For example, when Bitcoin hit a new all-time high in the previous bull cycle, around $68,000, many people were hesitant to accumulate at that price.

But those who did buy at that time certainly won't regret it now, as Bitcoin has now reached $120,000. So, if we learn from this incident, it's clear that buying Bitcoin now, at any price, if we hold it long-term, will likely yield a profit. So, what's there to be confused about when investing in Bitcoin? The problem is, not everyone's perception reaches that level.

You maybe correct but I still think it is not just about perception but rather the problem is starting and having the patient to hold for a long period of time. I won't be surprised if I heard those whom you said they bought Bitcoin around $68k sold their investment before this $120k all time high because some of them are scared that the next thing that will happen to the market is Dip which is normal and anyone who is holding for a long term should not think of Dip after they have already hold some fraction of Bitcoin instead they should be ready to take advantage whenever the price Dip because after the Dip the price will surge though it may not be immediately but surging after Dip is sacrosanct.

[Stormisover]

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

You are actually right bro, if the mindset is right from the beginning, they will surely do well on the longer run, but take note that money I invest in Bitcoin today may be small to me, but it can also be very huge to another, so the right thing you should be saying is that every Bitcoin Investor should invest what he can afford to lose base on his level, the problem most of this investors usually have is that they didn't come into Bitcoin investment with a long term perspective, they want to just make quick money, not knowing that the way Bitcoin is wired, it's more profitable and lucrative to hold for a longer duration than a shorter timeframe, but any newbie investors that has the right mindset from the beginning and is equally investing an amount he can afford to lose, their is a higher probability that that person will be successful in his investment.

I cannot tell a newbie investor how much to start their DCA journey with, they have to make a budget of their income and determine how much they can conveniently use to invest in Bitcoin.

I don't have the mindset of "invest what you can afford to loose" when it comes to Bitcoin investment, I believe that the phrase is best suited for gambling and shitcoins. It is investments that you're not sure of their ROI in the future that you can invest insignificant amounts so if the project dies you will only loose your insignificant amount.

In Bitcoin investment you can invest with lump sums or DCA method depending on your financial strength and budget allocation. Instead of investing what I can afford to loose in Bitcoin investment because I know that it's a store of value I'll rather invest with amount that I can conveniently afford for a valued asset not what I can loose. Amount that I can use to buy Bitcoin is gotten after I priotize my financial needs, not an insignificant amounts.

You are directly implying that Bitcoin is risk free investment and there is a guarantee and certainty for ROI in the future? It is optimistic for anyone to think in the direction of Bitcoin successful in the future yet there is no guarantee, people come in to Bitcoin with different levels of financial capabilities and what can be significant to you might not be significant to the other person and doing this there is need to prioritize investing an amount we can be comfortable with which should be coming from our discretionary income and the amount we choose to invest should be based on our own choices.

[yixichloro2xx]

And talking about mentally readiness for price fluctuation for new investors, there is need to be investing smaller amounts of money that is being more conservative just as they will be gaining more confidence about the market experience most times is the best teacher.

Encouraging new investors to commit small amount of money to bitcoin at the beginning is not even necessary even though you might be making some sense on the basis that their emotions will not be engaged in the investment after all since the money is small. I think there are more important things to advise newbies such as developing the mindset of long-term investment without expecting to become rich the next day, which is the root cause of impatience and by extension, the problems most new investors encounter in bitcoin. If the mindset is right from the beginning, they will do better on the long run.

A good mindset is necessary to succeed in bitcoin investment but you also need to understand that when a newbie buys in lump sum they are at a higher chance of selling too early due to price fluctuations than why they DCA with the amounts from their discretionary funds after all bitcoin investment should be done with money we can afford to lose, building the mentality to invest for long term isn't always easy especially for newbies, it takes effort and it's even harder when they invest lump sum at a single go and then the price DIPs, a sense of loss will almost definitely set in for a newbie pushing them to want to sell when they should HODL

A situation where a newbie wants to sell his Bitcoin stash when the price isn't moving to the direction he intended shows he is a trader that is timing the market. He already has an objective to sell when the price appreciate a little to make cheaper gains and also to sells if the price starts fluctuating. Newbie with this mindset doesn't have the intention to Hodl because they lack confidence in Bitcoin. An investor who has confidence in the potential of Bitcoin can still invest in Bitcoin for the long term using any of this technique(Lump sum or DCA) to buy /accumulate bitcoin and Hodl. However accumulating bitcoin using DCA have a better advantage over lump sum but both techniques are good provided he has a discretional income for purchase.

Great point coz when a newbie starts thinking of selling just because the market didn’t move as expected, it clearly shows he wasn’t planning to hodl in the first place. That’s pure trading mentality, not investing and am guessing most of us has made that approach at one point before.......And sadly, most people who approach Bitcoin with that mindset often exit with regrets.

The real investor plays the long game, whether it’s lump sum or DCA doesn’t really matter much, so long as they are really consistent and using funds they can afford to lock away. DCA just makes it easier psychologically, especially during volatile times. You don’t need to guess the bottom because you can just keep stacking bit by bit......

Season of buying the dip and hodl is never over, we can adopt the use of one or two accumulation strategies such as DCA in buying to hodl upon every dip, this makes us to have the foresight ahead of what is expected, because we are already under a particular patter than can help meet up with the future demands in selling, base of the strategy adopted.

Then if we think we are not the good type that can know when exactly is the best time for an investment to be taken, then we may only have to wait and hold with our asset, till the market pump and be in our favour before we can sell, which is best approach for anyone to take and be more safe.

Yeah, buying the dip and holdling  never really goes out of style, it’s kind of the classic move in Bitcoin. Using something like DCA just makes it easier to stay consistent without stressing too much about catching the perfect price. You’re basically building your stack quietly while everyone else is busy guessing.

And honestly, if you are not great at timing the market which most people are not used to,  just buying and waiting it out till the next pump is a smart and safe play. No need to overcomplicate things. Sometimes, chilling and holding does more work than constant watching and tweaking.

[SOKO-DEKE]

People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.

Yes, that is true. Seen bitcoin expensive and lucky to seen and buy dip has turned some people into traders now because, as they were lucky enough to buy Bitcoin when the price dipped, they will try to be smart and sell it once they see the Bitcoin price increase a little. They try to time the market again, attempting to buy deep, but from there, it possible that the price of Bitcoin won't come down to the price they set to buy back and some people are down still not able to buy bitcoin back again as the price continue to be increasing. In fact, this is the idea that has made some investors unable to hold for the long term, because their mindset isn't clear regarding their Bitcoin investment. They think that Bitcoin will not go higher much again, as they have seen Bitcoin become so expensive. And that is a wrong thought, because it's very possible for Bitcoin to reach $500K in the future let me just predict the price a bit. But as for me, I know that Bitcoin will go higher than that.