Buy the DIP, and HODL!

[ChocolateBitcoinK]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

[SPIDERMAN008]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

[Bigjoe33]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

My sincere concerns goes for new investors in Bitcoin or rather say newbies in their investment journey. I believe following the wrong strategy at the beginning will definitely affect them sooner or in a long run. A newbie who is very much excited about buying the Dips and internationally stacks money aside to buy dips has invariably reduced his Bitcoin accumulation speed at his early stage in the name of waiting for uncertainty( I mean Dip period because it's never certain of the time). Why holding down money which can be used to gradually increase your portfolio while waiting or hoping for dips? Dips are nice to stack up a hole lot of Bitcoin, but I feel it's better of as an investor who has spent some time in investment scheme, which gives him some experience, a little bit of judgemental decisions of when to buy and not to buy, such an already existing investor is aware and used to the ups and downs of Bitcoin and so many related matters. And investor with few is these experiences can actually prepare for dips and not just a new born baby who not know his right from left to get so much excited of the gains from dips and then begins stacking and waiting for dips thereby reducing accumulation speed.

International Ans progressive accumulation of Bitcoin by newbies should be directed towards the DCA strategy using the discretionary funds. Accumulate as you can no matter how small the discretionary. This gives you confidence for long term investment journey and gains since you invest without pressure after settlement of basic needs(discretionary funds). Stacking and waiting for Dips isn't a bad idea, but as a newbie, I feel you should gather more knowledge in the market as you invest, get to understand signal, get to know the workability of the investment journey, gather few experiences, them you can at least think of anything like dips, so I think.

[Wind_FURY]

My dear fellow PLEBS,

If you didn't buy the DIP yet, it's your opportunity to buy NOW before Bitcoin surges back to $120,000 NEXT WEEK. If you're a DCA investor, DOUBLE your bids and adjust them accordingly when Bitcoin is above $120,000 again.

Our objective is to stack more units of Bitcoin as much as possible during the DIP, and HODL.

Well I’ve not really bought the dip as of now and I don’t know if I will buy the dip as you’ve suggested for we dear plebs, and I’m a bit confused when you said bitcoin will surge back to $120,000 next week, how are you really sure that will happen next week, Do you mean to tell us that you can predict the Bitcoin price market, what it will eventually be next week, well buying the dip isn’t mandatory, since you said it’s an opportunity and there are people who might not have the opportunity to buy the dip and that doesn’t mean that we plebs can’t continue buying through the DCA method and also trying to work on my finances to adjust to accumulating more Bitcoin into my portfolio, I’m not a fan of waiting to buy the dip, I will prefer a situation where I have to buy Bitcoin on a regular basis, and probably when I have an opportunity and some leftover money which I have kept specifically for buying an unprecedented opportunity for a dip buying, then I could literally consider making that huge purchase of buying a dip at once, and that would be more sustainable instead of laying more emphasis on buy that dip, buying the dip isn’t always viable for me.

I'm honestly not really sure if Bitcoin will surge back to $120,000 next week,

It's good that you have now realised this yourself, so I think it's best you should edit your previous post where you initially said that bitcoin will get to that price next week and make necessary adjustments.

It's merely excitement, ser. But we DO know that Bitcoin WILL surge over and ABOVE $120,000 sooner or later, then SURGE again to $250,000, and AGAIN TO $500,000 and ABOVE.

Tell me if I'm lying.

WHY? Because sooner or later the Federal Reserve WILL pivot to real Q.E. and turn on the money-printer. BRRRRRRRRRRR.

The federal reserve should do whatever they like, hope we all know that bitcoin is not dependent on them alone to achieve that feat. After all bitcoin got to $124k without the federal reserve "pivoting to real Q.E". so am still optimistic that bitcoin will rise above $120k in the future with or without the federal reserve doing anything. Let investors buy bitcoin at their pace, and not hurriedly looking at whatever the federal reserves are doing.

Ser, study M2. I has been growing without Q.E., and it will DEFINITELY grow MORE with Q.E.

[Futurexxx]

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

This is why most Investors fails in their investment because they are ignorant or I will say they are impatient to the extent that they can't just wait till their investment gets mature in the future. Sometimes newbies are just ignorant to the fact that for you to attain success in your Bitcoin investment, you must accumulate and hold Bitcoin for the minimum of 10 years interval, after that, if you have not gotten to that over accumulation status, you just continue with your accumulation till you have gotten to that over accumulation status, because I am positive that Bitcoin might have done more than 5 to 10x of it current price, so investment in Bitcoin with the aim for the future is the best possible way to be successful in it.

[Shineup]

My dear fellow PLEBS,

If you didn't buy the DIP yet, it's your opportunity to buy NOW before Bitcoin surges back to $120,000 NEXT WEEK. If you're a DCA investor, DOUBLE your bids and adjust them accordingly when Bitcoin is above $120,000 again.

Our objective is to stack more units of Bitcoin as much as possible during the DIP, and HODL.

Currently, the price of BTC is declining, and I think your advice is absolutely correct. This is an opportunity to buy BTC, as it's still at a low price. However, it would be a shame not to buy BTC at the current price, as it's already considered cheap, and there's potential for the price to rise to $120,000 or even more in the next few weeks.

Um... unfortunately, I haven't increased my purchases in the DCA because my discretionary income hasn't increased, but I think I'll try to increase my funds for now. It would be a shame to miss this great opportunity. Your advice is excellent, and it certainly makes me more enthusiastic about buying and accumulating BTC.

I saw this post earlier and I have been trying to get in to the discussion, talking about missing this great opportunity of buying Bitcoin to be a shame, have you thought about the danger  that may be fall you it it happens that you never had any plans and find yourself using funds that is to be used to buy Bitcoin? You will definitely sell back again to sort that area you needed that funds, I think the danger will be greater than the shame you are talking and I will prefer to face the shame than the danger infact there is no shame, because is carrying a load you can not carry at the moment and will definitely breakdown trying to carry it to impress yourself or those around you.

[ruykeri]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

My sincere concerns goes for new investors in Bitcoin or rather say newbies in their investment journey. I believe following the wrong strategy at the beginning will definitely affect them sooner or in a long run. A newbie who is very much excited about buying the Dips and internationally stacks money aside to buy dips has invariably reduced his Bitcoin accumulation speed at his early stage in the name of waiting for uncertainty( I mean Dip period because it's never certain of the time). Why holding down money which can be used to gradually increase your portfolio while waiting or hoping for dips? Dips are nice to stack up a hole lot of Bitcoin, but I feel it's better of as an investor who has spent some time in investment scheme, which gives him some experience, a little bit of judgemental decisions of when to buy and not to buy, such an already existing investor is aware and used to the ups and downs of Bitcoin and so many related matters. And investor with few is these experiences can actually prepare for dips and not just a new born baby who not know his right from left to get so much excited of the gains from dips and then begins stacking and waiting for dips thereby reducing accumulation speed.

International Ans progressive accumulation of Bitcoin by newbies should be directed towards the DCA strategy using the discretionary funds. Accumulate as you can no matter how small the discretionary. This gives you confidence for long term investment journey and gains since you invest without pressure after settlement of basic needs(discretionary funds). Stacking and waiting for Dips isn't a bad idea, but as a newbie, I feel you should gather more knowledge in the market as you invest, get to understand signal, get to know the workability of the investment journey, gather few experiences, them you can at least think of anything like dips, so I think.

I agree with you. You have raised some very important points. First of all, waiting for a dip is never a good sign. Actually, no one can say what will happen to Bitcoin in the future. People wait to buy Bitcoin at a dip. But when it is seen that the price does not dip as per their expectations, they cannot invest in Bitcoin. Many people follow DCA and invest but keep a separate fund for buying at a dip. For example, a person is buying Bitcoin with $200 every month from his discretionary income. Along with this, he is saving $100 every month and has decided to invest when the price of Bitcoin drops by 15% or more. In this way, even after 6 months, he saw that the price did not decrease as expected. On the contrary, the price has increased even more than before. In this situation, he has saved $600 in 6 months but has not invested in Bitcoin. But if he had followed DCA with discretionary income and invested, he would have made a lot more profit. So investing by following the DCA method is always a good sign.

However, as you mentioned above, those who have an experienced market understanding of Bitcoin can buy at the dip because they understand when the price will be low or high. In fact, I personally think that it is very difficult to know what the price of Bitcoin will be in the short term. I don't think anyone can say what level Bitcoin's valuation will be in 1 month or 3 months. But in the long term, the possibility that the price of Bitcoin will increase is very high, we can understand it by looking at the past market conditions. So if someone has a lot of money. From which if he loses a small amount, it won't matter much. He can invest to understand the condition of different types of investments, but I never support waiting to buy at the dip or creating a separate fund to buy at the dip.

[Kelward]

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

This is why most Investors fails in their investment because they are ignorant or I will say they are impatient to the extent that they can't just wait till their investment gets mature in the future. Sometimes newbies are just ignorant to the fact that for you to attain success in your Bitcoin investment, you must accumulate and hold Bitcoin for the minimum of 10 years interval, after that, if you have not gotten to that over accumulation status, you just continue with your accumulation till you have gotten to that over accumulation status, because I am positive that Bitcoin might have done more than 5 to 10x of it current price, so investment in Bitcoin with the aim for the future is the best possible way to be successful in it.

Investment in Bitcoin for the short term is a mistake that only newbies should make because they don't have experience of how it works. If they learn fast and change their strategy the better for them because they will surely enjoy ROI after hodling for the long term, it means that it's every investors best interest to accumulate and hodl between 8 and 10 years, if they can do more than that the better for them.

For the fact that Bitcoin has the potentials to always reach ATH is good enough reason to keep buying on the long term. Buying to sell on the short term means putting yourself under pressure to always monitor the market which they don't control. If you DYOR you will understand that most traders are losing because they cannot accurately predict the market on the short term. For peace of mind on the long term adopt the DCA strategy and buy from your discretionary funds.

[Wind_FURY]

I went to the original topic about this man who was picking up used cans to sell to buy for his Bitcoin accumulation journey.

Source: https://x.com/simplykashif/status/1958028666950021229?t=p7s98iGSP62g8DSxm5O1qw&s=19

Does anyone know if he's an active community member in BitcoinTalk. If he wants to join the Push-Ups topic, he could do that and be also in a weight-loss journey.

I don't why everyone in that topic continues to do their push-up until £100,000 challenge, because Bitcoin is already over that value.

[Popkon6]

The first thing to do in Bitcoin investment is to take risks, and the second thing is to choose a wallet. Yesterday, a very close person of mine took advice from me on Bitcoin investment, and I gave him the right advice and told him to use a suitable wallet. But my friend had deposited his money in the exchange using his local currency, and the wallet was already damaged, which was the kucoin exchange wallet. And at present, my friend is very disappointed that the money he had saved in Bitcoin with his hard work is currently stuck, even though my friend listened to everything I said, he avoided this issue of choosing a wallet.
As a result, he regretted to me that all his money was wasted because he did not listen to one word, so I want to warn everyone that if you follow the Bitcoin DCA method using your local currency, then it is most important to save it in a suitable wallet. And I also say that you should not keep all your eggs in one basket, so a strong wallet definitely plays a very important role in Bitcoin investment.

[Justbillywitt]

It's good that you have now realised this yourself, so I think it's best you should edit your previous post where you initially said that bitcoin will get to that price next week and make necessary adjustments.

It's merely excitement, ser. But we DO know that Bitcoin WILL surge over and ABOVE $120,000 sooner or later, then SURGE again to $250,000, and AGAIN TO $500,000 and ABOVE.

Tell me if I'm lying.

No you ain't lying this time around, it is expected that bitcoin will do better in the future in terms of price appreciation, that's why investors are encouraged to keep accumulating as they can afford and in their own pace. I like how you placed your words this time around. "Sooner or later"  it has no definitive timeline unlike the other post were you gave a timeframe. Maybe you were too over excited then 😁 even though we have every right to be excited, but it is important that we cut expectations low, to avoid being too disappointed should incase things don't go as we expected.

[Jostern]

I went to the original topic about this man who was picking up used cans to sell to buy for his Bitcoin accumulation journey.

Source: https://x.com/simplykashif/status/1958028666950021229?t=p7s98iGSP62g8DSxm5O1qw&s=19

Does anyone know if he's an active community member in BitcoinTalk. If he wants to join the Push-Ups topic, he could do that and be also in a weight-loss journey.

I don't why everyone in that topic continues to do their push-up until £100,000 challenge, because Bitcoin is already over that value.

Hey ser, I understand your sentiment, But I don’t share your sentiment, here is a different perspective all together, I know we could share some common sense here, we’re talking about other bitcoin perspective and to learn more about how to successfully accomplish our Bitcoin journey, but your sentiment should be shared with @OgNasty why they still continue pushing-up challenge when Bitcoin is above $100,000 Value. We could actually put up with the weight-loss journey.

[Cossyblack]

My dear fellow PLEBS,

If you didn't buy the DIP yet, it's your opportunity to buy NOW before Bitcoin surges back to $120,000 NEXT WEEK. If you're a DCA investor, DOUBLE your bids and adjust them accordingly when Bitcoin is above $120,000 again.

Our objective is to stack more units of Bitcoin as much as possible during the DIP, and HODL.

Currently, the price of BTC is declining, and I think your advice is absolutely correct. This is an opportunity to buy BTC, as it's still at a low price. However, it would be a shame not to buy BTC at the current price, as it's already considered cheap, and there's potential for the price to rise to $120,000 or even more in the next few weeks.

Um... unfortunately, I haven't increased my purchases in the DCA because my discretionary income hasn't increased, but I think I'll try to increase my funds for now. It would be a shame to miss this great opportunity. Your advice is excellent, and it certainly makes me more enthusiastic about buying and accumulating BTC.

They is no shame if you failed not to buy Bitcoin at this decline price although it is not mandatory that you must buy but it is also a good opportunity to maximize your accumulation pace in stacking bitcoin.  if you have the purchasing discretional funds available then you can make good use of it to buy Bitcoin at this current Dip and if you don't have,then you can wait until your next discretional income is figured out from your Weekly or monthly Earnings.

You don't have to feel bad due to your inability to buy at this current Dip or put yourself in a tight corner by tampering with Funds meant for your basics needs to buy the Bitcoin Dip,it will be unwise of you to do that.Using funds meant for your Basics needs to buy Bitcoin may force you to start selling parts of your Bitcoin portfolio or sometimes all it if pressing needs start mounting pressure on you.

[AVE5]

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

This is why most Investors fails in their investment because they are ignorant or I will say they are impatient to the extent that they can't just wait till their investment gets mature in the future. Sometimes newbies are just ignorant to the fact that for you to attain success in your Bitcoin investment, you must accumulate and hold Bitcoin for the minimum of 10 years interval, after that, if you have not gotten to that over accumulation status, you just continue with your accumulation till you have gotten to that over accumulation status, because I am positive that Bitcoin might have done more than 5 to 10x of it current price, so investment in Bitcoin with the aim for the future is the best possible way to be successful in it.

Investment should be treated as retirement plans even though we're to take profits in the long run but holding that portfolio firmly with tangible accumulated bitcoin values without the need to sell or opt out your entire assets in the short term. On my own, long term investment plans would have a benchmark of 4 years if invested in the earlier stage after a closed market cycle after the Bull run is over. Although long term goalers can always hold longer and that's how much better decisions they make to increase their profits. The truth is that earlier you sells is the more loosing decisions you makes against those who're holding firmly ahead.
For your information Futurexxx, since your wallet can accumulate as many bitcoin as you can afford, there's nothing as over accumulation otherwise, we may only have accumulation target that may suit our bankrolls and psychological mindsets.

[Alonso_]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

You’re correct, investing in Bitcoin it’s expected we should have a positive mentality in buying and accumulating bitcoin, but we should be positive when we are accumulating bitcoin in our perspective, we should be more concerned about strategy of investing and accumulating to hodl for a long term, I think sometime accumulating a good number or amount of bitcoin would depending on how much we have been accumulating into our portfolio on a weekly or monthly terms, but we could find out that even if we’re able to accumulate for 4 years which I think it’s one circle, we still might not be able to accumulate a good number of bitcoin, and we could deal with accumulating or increasing our discretionary income and by working on some of our finances. But I believe that the most important thing is for me to get started.

[Mr_Brilliant$]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

This is very correct and an important point, since the market's ups and downs are completely unpredictable and despite a big dump at any moment, Bitcoin is capable of recovering a huge amount in an instant, so we should never delay in investing, we should strictly adhere to consistency, if we set a specific time for investment, we should invest as soon as that time comes and then no matter how low or high the price is, it does not matter, it is the right decision to keep buying continuously without worrying about the rise and not affecting yourself by it, then it is possible to get better results in the long term, but the mentality of waiting for a little more dip to buy when buying, and this is a trading mentality, and its results are never good every time.

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

TBH, The truth is people who jump into Bitcoin with that get rich quick mindset almost always end up disappointed.. Bitcoin is something you build with time, not something you gamble on for a few months.. The price moves like a roller coaster, and if you do not have patience, the swings will push you out before you ever see the real rewards. That is why the ones who just keep buying and holding through the noise usually come out on top…

Most of the folks who regret it are the ones who tried to trade every move or gave up too early. The funny thing is, that same volatility people complain about is exactly what creates the big gains if you stick around long enough..  Bitcoin was never made for short term hype TBH, it is about holding strong and letting the years do the work…

[bullbandit9]

Does anyone know if he's an active community member in BitcoinTalk. If he wants to join the Push-Ups topic, he could do that and be also in a weight-loss journey.

I don't why everyone in that topic continues to do their push-up until £100,000 challenge, because Bitcoin is already over that value.

Mate, you are wrong. £ stands for British pound, and currently Bitcoin is around £80k.

Investment should be treated as retirement plans even though we're to take profits in the long run but holding that portfolio firmly with tangible accumulated bitcoin values without the need to sell or opt out your entire assets in the short term. On my own, long term investment plans would have a benchmark of 4 years if invested in the earlier stage after a closed market cycle after the Bull run is over.

4 years is not a long term investment, that is very short. In crypto I would consider a long-term investment 8 to 10 years based on its young age. For traditional stuff, 20-30 years at the very least. Otherwise the naming would be stupid. If you call 5 year investments long-term investments, what are 20 year investments then? Ultra long term investments?  

[Cryptohygenic]

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

So far so good, i have come to understand that investors that are basically planned to only but bitcoin at the Dip or market falls with the mentality that they want to buy at a low values are just those who withholds their investment values from growing because it is never a good strategy to only buy at the price falls otherwise, you will be missing what good the uncertainty direction may profer in the short term. While you may hope to buy at the Dip, the price could rise above and those who lately bought at that high price will pocket their profits if the price continues to go up and while the price increments might seem too high to buy more and you tend to stay back because you want to buy at the Dip, the price could still skyrocket leaving you behind to stay ahead on the next phase.
But if you guys had said it all, stick to your accumulating plans and let buying at the Dip be an expected opportunity.

[Bigjoe33]

I went to the original topic about this man who was picking up used cans to sell to buy for his Bitcoin accumulation journey.

Source: https://x.com/simplykashif/status/1958028666950021229?t=p7s98iGSP62g8DSxm5O1qw&s=19

Does anyone know if he's an active community member in BitcoinTalk. If he wants to join the Push-Ups topic, he could do that and be also in a weight-loss journey.

I don't why everyone in that topic continues to do their push-up until £100,000 challenge, because Bitcoin is already over that value.

Quite funny though. But then, whatever the value of Bitcoin is now, or would be sooner, we are all intact and still active. Here is the thing, the challenge was first to keep members and lovers or Bitcoin on their feet and with positive mindset that it will rise to 100k. It climbed, but we keep pushing, because investors in Bitcoin really want more and loves the rise. So we keep up pushing and expecting more rise. For investors, the rise is the beauty of involvement, and that's why we ain't stopping.

Another major reason too is for the weight loss, for fitness, for health. Daily push up and exercises keeps us fit and energetic for an active day work. It's our thing, we are used to it, we push up for bodily gain. Even if Bitcoin surpasses 200k, we ain't stopping, yea! We have built a big and a committed community where views, thoughts and love is shared. We are one with one aim, which is to keep fit and remain healthy, while we keep hoping for more rise in Bitcoin value.

You can join us, come keep fit and loss some weight.

[Finebone]

I went to the original topic about this man who was picking up used cans to sell to buy for his Bitcoin accumulation journey.

Source: https://x.com/simplykashif/status/1958028666950021229?t=p7s98iGSP62g8DSxm5O1qw&s=19

Does anyone know if he's an active community member in BitcoinTalk. If he wants to join the Push-Ups topic, he could do that and be also in a weight-loss journey.

I don't why everyone in that topic continues to do their push-up until £100,000 challenge, because Bitcoin is already over that value.

I don't really think that the push up thread is just only about Bitcoin getting up to $100k, I think that most folks here sees it as an opportunity to keep fit by participating in it.

When I saw that thread initially, I wanted to join in other to get back in shape but the first day I tried pushing up, I felt pains all over my shoulder and most part of my body for like three weeks, so i decided to be walking out for now, so that if i start the push up again, it would not break me down like the first try, but that thread has really been helpful to most folks here