Buy the DIP, and HODL!

[BTCETFInvestor]

I feel that you don't understand what JJG is saying above. This thread is about individual investors buying and hodli bitcoin for their future as the keep their buying purchases ongoing overtime.

You are here talking about Bitcoin ETFs who came into the game to make quick profits by trading or don't you know that they are the highest traders in history and this thread does not support trading but long-term investment and holdi.

ETFs are already big institutions who are buying and selling bitcoin every day and that shouldn't be a lifestyle to imitate. If you have not started your bitcoin investment, I expect you to learn a lot from this thread and make a proper plan to start your bitcoin investment whenever your discretionary income is available and build your bitcoin portfolio for the future through DCA regular weekly purchases for 4-10 years and above.

If you don't invest early, and choose to be waiting, you will regret your actions in future. ETFs are already rich and making more, so you need to eat your own bitcoin cake by investing and hodli for the future. If you are buying from ETF remember that you are only buying the value of bitcoin and not real bitcoin that should be in your noncustodial wallet.

@Sim_card - To show you I don't need your advice:  

I currently own 5,950 shares of Fidelity's spot Bitcoin ETF (Ticker: FBTC) which is equal to about 5.2BTC. My cost basis is about $95/share x 5,950 = $565,000.  

The current price of BTC is $116,500 and the current price of FBTC is $101.70.  1,145 shares of FBTC equals the price of 1BTC and my 5,950 shares / 1,145 = 5.2BTC.

I purposely bought Fidelity's spot Bitcoin ETF (Ticker: FTBC) to parallel track the price of BTC. I fully expect Bitcoin's price to soar in the coming years.

Today (9/12/2025) at market open FBTC was $100.00/share. FBTC is right now $101.75. My 5,950 shares have gained about 1.85% or about $10,400 today as I look at my brokerage account right now. FYI, my total gain with my position of FBTC as of today is $6.75/share x 5,950 = $40,150.  

As time moves forward I fully expect my gain from my position of spot Bitcoin ETF to be well over $5 million by 2031 or 2032 as I expect BTC to be $1 million per coin.  

I have no intention of selling or trading for at least 15 years an maybe longer. Chances are I will add to my current position.

BTW, my annual 'discretionary income' is well over $1 million. I don't need your fucking advice!  

It's good you've some investments and yes you can do whatever you want with your funds including buying shares rather than directly investing into Bitcoin and being in charge of your finances and yes you can think it's a smart approach to investing into Bitcoin by using a centralized scheme.

My main concern is that you plan to hold for long and you're using a centralized scheme. What is the guarantee that the ETF continues managing your funds properly and there would be no hack or collapse that might lead to losing your funds or even changes in policy? Of course there is none and not to mention that you'll be paying a certain percentage of your shares yearly as management fees.

It's best you take charge of your investment and store your coins in a hardware wallet or an air gapped device while you store your keys securely offline. That way you're sure your funds remain intact for as long as you intend holding and you'll have all the profits from your investment to yourself and not sharing with a third party nor entrusting your funds to them for safe keeping

I have full trust in Fidelity Investments, a multi-trillion dollar global financial investment management service company, one of the largest in the world.

Fidelity is governed by my country's (USA) financial standards and requirements just like the two other major brokerage accounts I use, the two major banks I use and another of the world's largest investment companies where I also have significant assets.

I am not the least bit concerned about the security of any of my investments or assets. I'm not in some third-world, corrupt country...     

I have no problem paying an annual 0.25% fee. That doesn't bother me one bit!



    

[AYOBA]

Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder  to focus on the long game rather than chasing dips

Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time.  That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice.  To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.

[ejikeme24]

Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder  to focus on the long game rather than chasing dips

Did you just say the right, does such exist anywhere, dude I think you shouldn't get things twisted, dip is dip and waiting for it has to be frown at, I concur to the very point where you single out the benefits of DCA, well said on that spot but why did you get it wrong from the very statement you made?

Well since you already know that such thing does not exist anywhere, so there is no room for argument. Moreover I think @ Miramax12 knows that there is no any other dip so is assume that he's just referring to the normal dip, even though some people might be waiting for a particular dip before attempting to invest but I'm sure that such thing is not recorded any where rather is just a personal believe but that's by the way. I want to agree with him on the fact that waiting for a dip can be a trap, and if you can't sense it earlier definitely you will end up regretting.

[Odusko]

Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder  to focus on the long game rather than chasing dips

Did you just say the right, does such exist anywhere, dude I think you shouldn't get things twisted, dip is dip and waiting for it has to be frown at, I concur to the very point where you single out the benefits of DCA, well said on that spot but why did you get it wrong from the very statement you made?

Well since you already know that such thing does not exist anywhere, so there is no room for argument. Moreover I think @ Miramax12 knows that there is no any other dip so is assume that he's just referring to the normal dip, even though some people might be waiting for a particular dip before attempting to invest but I'm sure that such thing is not recorded any where rather is just a personal believe but that's by the way. I want to agree with him on the fact that waiting for a dip can be a trap, and if you can't sense it earlier definitely you will end up regretting.

You all are making the same arguments and statements right here, alot of time we have come across such statements as this that expecting a dip before buying assets, this have made a lot of investors who lack that right understanding to make investments mistakes, waiting for the right time where's the right time is now, taking time back to make research is good, but waiting too much time expecting one particular market drop before buying is totally wrong approach.

[yixichloro2xx]

The best time to buy Bitcoin was yesterday and another best time to buy Bitcoin is today. Any investor that has discretionary income readily available to invest in Bitcoin, but choose to start accumulating Bitcoin when Bitcoin is in a dip, just know that investor is not ready to invest in Bitcoin, because i don't know why people will want to start accumulating Bitcoin in a price that's not realistic. Just as you said, it is better for people who think that Bitcoin is too high for them to accumulate to start accumulating Bitcoin by DCAing because they stand a good chance of accumulating good quantity of Bitcoin, and if a dip occur, they can still accumulating Bitcoin, which is a bonus to them.

The truth is dips always sound easier in theory than in practice. When the price falls, fear usually grows, and many of the same people who said they were waiting for a dip still hesitate to act. That’s why building a habit through DCA is more reliable because it takes emotion out of the process. If the market gives you lower prices, you benefit by adding more, but if not, you’re still moving forward instead of standing on the sidelines.

I think if you want to approach the dip it’s quite easy considering that you are not waiting for an unprecedented dip, we know that it’s quite simple to buy bitcoin through DCA with as little money that we have available, and from my experience of buying bitcoin sometimes I’ve also tried to front load my bitcoin by buying through the lump sum when I have some more discretionary available, and I’m not just constant with accumulating only through the DCA, like I always say if we have more money available and I want to buy during a dip, I have to make an approach by saving some money aside considering when the dip comes so I can buy massively and that still doesn’t stop me from buying on a regular basis.

Because dips are unpredictable, saving extra money on the side can work well in theory, but the challenge is that it often demands timing skills that most people don’t truly have. Even if someone prepares a lump sum, the question becomes when exactly is the dip, many times the price looks like it’s falling only to recover quickly, and waiting too long can leave that cash sitting idle instead of working for you.

That’s why a steady habit like DCA has such strong appeal, it guarantees progress regardless of short term moves. If someone does have additional income, nothing stops them from adding more during a sharp correction, but the foundation remains that ongoing consistency. In practice, the mix of DCA as the base and occasional extra buys when conditions feel right tends to give peace of mind, because you’re never entirely dependent on perfect timing to grow your stack.

[G_Besar]

~~~

Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time.  That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice.  To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.

Currently, Bitcoin's price has risen again, surpassing $116,000 and even approaching $117,000. This means those waiting for Bitcoin to drop should abandon Bitcoin or adopt a new strategy if they still want to buy Bitcoin at this current price. Waiting will only slow down the accumulation of Bitcoin into their portfolios, while others continue to aggressively buy using any means, including DCA, to increase their Bitcoin assets. Therefore, for those who are still waiting for Bitcoin to drop, it's best to adopt a different strategy and approach if they still want to hold Bitcoin, because Bitcoin doesn't wait for anyone to increase its price in the market.

[JiiBs]

waiting for the right time where's the right time is now, taking time back to make research is good, but waiting too much time expecting one particular market drop before buying is totally wrong approach.

Arguably, there is no right time in Bitcoin investment, the only right time that might be which some might still argue is when you should take profit.
The price you invest at today is some other investors take profit point and would be a dip to future investors

What this really means is, where you meet it is the right place and time to invest, your plans for your investment is what makes all the difference.

[bestcandy]

~~~

Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time.  That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice.  To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.

Currently, Bitcoin's price has risen again, surpassing $116,000 and even approaching $117,000. This means those waiting for Bitcoin to drop should abandon Bitcoin or adopt a new strategy if they still want to buy Bitcoin at this current price. Waiting will only slow down the accumulation of Bitcoin into their portfolios, while others continue to aggressively buy using any means, including DCA, to increase their Bitcoin assets. Therefore, for those who are still waiting for Bitcoin to drop, it's best to adopt a different strategy and approach if they still want to hold Bitcoin, because Bitcoin doesn't wait for anyone to increase its price in the market.

Although, it's not easy to predict the price of Bitcoin in the future but considering the way Bitcoin is gaining momentum, it's not a good investment decision to wait for Bitcoin to drop to a certain price before investing because you cannot easily predict the price and I would say that any investor that is aiming to invest when the price will drop is not really ready to invest in Bitcoin. However, instead of waiting for the price to drop it will make more sense to adopt DCA method of investment regardless of the price of Bitcoin at that particular moment.

[Kaliandra]

waiting for the right time where's the right time is now, taking time back to make research is good, but waiting too much time expecting one particular market drop before buying is totally wrong approach.

If we want to buy BTC using the DCA method and intend to invest in BTC for the long term, it is true that we do not need to wait for the price of BTC to fall to buy because we will not know when BTC will fall. The right time to buy is now because if we start now, it means we have already started and over time we will get various BTC prices so we can get a price that is not too expensive. that are not too expensive.

So, sometimes delaying the purchase of BTC means we miss out on good opportunities. For example, a few days ago, we saw BTC priced at $112k. If, at that price, we didn't buy because we wanted a lower price, then of course it would be impossible to make a profit because the ones who made a profit were those who dared to buy and didn't delay. Today, we see BTC priced at $116k, so yes, your advice is indeed correct Because delaying the purchase is not the right thing to do if we intend to invest in BTC for the long term.

[SilverCryptoBullet]

If we want to buy BTC using the DCA method and intend to invest in BTC for the long term, it is true that we do not need to wait for the price of BTC to fall to buy because we will not know when BTC will fall. The right time to buy is now because if we start now, it means we have already started and over time we will get various BTC prices so we can get a price that is not too expensive. that are not too expensive.

Every day, every week, every month, Bitcoin market is volatile enough to give you many opportunities with price falls and even crashes so it's up to you whether taking price falls or not. It also depends on your personal price targets for your entries but whatever you want to wait for, let's remember that you can not time the market.

DCA is a strategy that can help you to eliminate needs of timing the market, finding the bottom, and change your investment practice from headchy to comfortable. Simply buying and holding without unnecessary concern about bottoms, best prices for entries and when to buy.

[Loyang]

I have full trust in Fidelity Investments, a multi-trillion dollar global financial investment management service company, one of the largest in the world.

Fidelity is governed by my country's (USA) financial standards and requirements just like the two other major brokerage accounts I use, the two major banks I use and another of the world's largest investment companies where I also have significant assets.

I am not the least bit concerned about the security of any of my investments or assets. I'm not in some third-world, corrupt country...     

I have no problem paying an annual 0.25% fee. That doesn't bother me one bit!

The medium through which you are investing is a centralized system. Your money is in the hands of a third party. Your money can be stolen. I think it would be better if you keep your holding hardware wallet instead. Because hardware wallets are completely internet-free, there is no possibility of hacking, etc. It would be best if you keep your holding hardware wallet in a completely secure place with yourself.

If you invest through a third party, you can face many kinds of problems. For example, if a third party runs away with your holding, if a third party spreads the word about your account to another person, you can face many kinds of problems. So invest yourself and it would be best to keep a hardware wallet to keep your holding safe.

[ruykeri]

You can always buy Bitcoin deep using only the DCA strategy. There are enough opportunities and enough suitable times to invest in Bitcoin, but those who are waiting for the purpose of buying deep and are waiting, I think they are definitely doing something stupid. Because to be financially independent in the future, you should invest in Bitcoin quickly enough, because you will have thoughts on how to make more money in Bitcoin investment.

In fact it is never wise to buy a dip or wait for the right time. Those who wait to buy a dip will never find the right time, so they will fail to invest. There are many stories in the past, those who have waited for prices to fall have failed to invest and are currently regretting it. Now it is better to buy bitcoin at a low price but you should not wait for the price to fall, because if you buy bitcoins with DCA strategy you can buy bitcoins at an average price. So there's no need to wait to buy the dip, the longer you delay the more you fall behind. So if you have a long-term plan, don't wait but it's wise to start investing using DCA strategies. And if you continue to invest consistently in the DCA strategy and if the market goes down while investing, you can take advantage of the opportunity to buy dip.

Currently, most investors wait for the dip. And by doing this, they lose the opportunity to buy investments. You have to buy whatever the market price is, whether it is low or high. But if you wait for the dip only once, then maybe you will not invest while waiting for the dip. Currently, Bitcoin is known as the best currency in the world. Many companies are investing in Bitcoin through shares. Again, ordinary people like us are also investing. There is almost competition to catch up. So if you wait for the dip, you may not get the opportunity to buy anymore.

So if you have the will to invest, start now. Keep buying investments weekly or monthly through the DCA strategy. And invest for the long term. Don't lose the opportunity to buy by waiting for the dip

You have said a lot of good things but the problems of buying at the DIP should have been clarified more. If someone can buy Bitcoin at the DIP then it is definitely good. But the problem is that no one can say which valuation of Bitcoin is actually the dip. Those who have the mentality to buy at the dip have to face mainly two problems. Since the price of Bitcoin fluctuates a lot, if the price suddenly decreases, if someone thinks that the price of Bitcoin has decreased comparatively a lot, now is the right time to invest, then he invested a lot of money. But after a few days he saw that the price of Bitcoin was starting to decrease more and more, as a result he was deprived of the opportunity to buy Bitcoin at a much lower price than expected.Another problem is that let's say a person has saved a lot of money and waited for the price of Bitcoin to fall, so he will invest. But it turns out that the price of Bitcoin was not soft, but stable or increased more than before, so he missed the opportunity to buy Bitcoin at that time because the price of Bitcoin fell. Even if he wanted to, he would not be able to buy Bitcoin at the previous price.

Therefore, instead of waiting for the price to fall, one should follow the DCA and invest. As a result, he will not miss the opportunity to buy Bitcoin when the price of Bitcoin is low. And in order to continue this investment for a long time, he should invest from discretionary income and in addition, it is necessary to form an emergency fund and reserve fund so that even if any kind of economic problem arises, it does not hinder Bitcoin accumulation.

[JayJuanGee]

This thread is about bitcoin, and if you provide a link to some other thread, then no problem providing that here.. but we should not be getting into the weeds of comparing and/or contrasting the owning of bitcoin to various derivative products (including BTC ETF products) in this thread.

Getting into too much discussion of BTC ETFs and/or comparing them to bitcoin might be deserving of another thread, to the extent that threads already exist related to such topics.

JJG, here ya go (see below) with a link to a thread titled 'View about Investors of Spot Bitcoin ETFs' about spot Bitcoin ETFs!  
► https://bitcointalk.org/index.php?topic=5558262.0

I'll bookmark the linked thread to look at later.

[edited out]

I feel that you don't understand what JJG is saying above. This thread is about individual investors buying and hodli bitcoin for their future as the keep their buying purchases ongoing overtime.

You are here talking about Bitcoin ETFs who came into the game to make quick profits by trading or don't you know that they are the highest traders in history and this thread does not support trading but long-term investment and holdi.

ETFs are already big institutions who are buying and selling bitcoin every day and that shouldn't be a lifestyle to imitate. If you have not started your bitcoin investment, I expect you to learn a lot from this thread and make a proper plan to start your bitcoin investment whenever your discretionary income is available and build your bitcoin portfolio for the future through DCA regular weekly purchases for 4-10 years and above.

If you don't invest early, and choose to be waiting, you will regret your actions in future. ETFs are already rich and making more, so you need to eat your own bitcoin cake by investing and hodli for the future. If you are buying from ETF remember that you are only buying the value of bitcoin and not real bitcoin that should be in your noncustodial wallet.

I agree that ETFs (Exchange Traded Funds) are largely not on topic here, yet at the same time, they are not necessarily used for trading (even though they have trading in their name), even though they are easy to get in and out of, so there are some folks who will trade them.. but there are are also a lot of folks who merely invest in them.. 

Generally speaking ETF fund investors are likely more sticky than some other kinds of BTC investors and not necessarily prone to sell easily, since they are frequently institutions, government and/or folks who have retirement plans.. and yeah they can be other kinds of investors, but yeah they do not hold their own keys when they buy those ETF products.. and yeah, we can talk about these matters in the thread like that BTCETFInvestor linked to.

[edited out]

@Sim_card - FYI, I have no intention of selling or trading the fairly sizable amount of spot Bitcoin ETF I currently own (that is equal in price to over 5BTC) for at least 15 years, and I will likely add more. I'm not a beginner investor with 8-digits of investment I self-manage! I don't need you trying to tell me what I should do. I'm fully capable of managing my finances and investments, I strongly suspect much better than you!  

Good luck to you investing your 'discretionary income' as you feel is best!  

Whether you have 8-digits of wealth in your investment portfolio or not, many guys here have a lot less, and many guys participating in these threads are trying to figure out solid investment strategies and building up their holdings (which they might not even imagine being able to get to 8 digits), yet there still might be needs to discuss whatever they are doing at their level, even though there is nothing wrong with guys who might have more wealth to discuss these matter, but there might be more difficulties to relate if you are dealing with some differing dynamics.. so it might not be very useful for you to participate in these threads if you already know everything and/or you are not trying to work with guys from where they are at and/or trying to relate to their situations.

It may well be true that Sim_card might not have had understood all of your points (to the extent that you had any good ones.. hahahahaha), yet if it seems that you are wanting to spin BTC ETF as if they were superior to bitcoin, then any other valuable message that you might have had might get missed because you are talking about a bitcoin derivative product rather than bitcoin...  and it might not even be practical for some guys to even try to get into Bitcoin ETFs rather than directly owning bitcoin, and bitcoin is likely the superior product for a lot of more normal people and/or even poor people, anyhow.

[edited out]

@Sim_card - To show you I don't need your advice:  
I currently own 5,950 shares of Fidelity's spot Bitcoin ETF (Ticker: FBTC) which is equal to the price of about 5.2BTC. My cost basis is about $95/share x 5,950 = $565,000 invested.  

The current price right now (9/12/2025) of BTC is $116,500 and the current price of FBTC right now is $101.75.  1,145 shares of FBTC equals the price of 1BTC and my 5,950 shares / 1,145 = 5.2BTC.
I purposely bought Fidelity's spot Bitcoin ETF (Ticker: FTBC) to parallel track the price of BTC. I fully expect Bitcoin's price to soar in the coming years. I have no intention of selling or trading. I am an investor, not a trader! 

Today (9/12/2025) at market open FBTC was $100.00/share. FBTC is right now $101.75. My 5,950 shares have gained about 1.85% or about $10,400 today as I look at my brokerage account right now. FYI, my total gain with my position of FBTC as of today is $6.75/share x 5,950 = $40,150.  
As time moves forward I fully expect the gain from my position of spot Bitcoin ETF to be well over $5 million by 2031 or 2032 as I expect BTC to be $1 million per coin in 6-7 years.  

I have no intention of selling or trading for at least 15 years and maybe longer. Chances are I will add to my current position.
BTW, my annual 'discretionary income' is well over $1 million. I don't need your fucking advice!    

You might need some advice about not continuing to post in this thread about BTC ETFs.. It is not very courteous to spam this thread, even if you might potentially have some good ideas to the extent that your supposed wealth matters to anyone (or that any of us might not relate to your desire to brag, whether it is true or not who cares?

And  I am ONLY citing the full of your post, since you have already shown that you have inclinations to delete your posts.

[edited out]

It's good you've some investments and yes you can do whatever you want with your funds including buying shares rather than directly investing into Bitcoin and being in charge of your finances and yes you can think it's a smart approach to investing into Bitcoin by using a centralized scheme.

My main concern is that you plan to hold for long and you're using a centralized scheme. What is the guarantee that the ETF continues managing your funds properly and there would be no hack or collapse that might lead to losing your funds or even changes in policy? Of course there is none and not to mention that you'll be paying a certain percentage of your shares yearly as management fees.

It's best you take charge of your investment and store your coins in a hardware wallet or an air gapped device while you store your keys securely offline. That way you're sure your funds remain intact for as long as you intend holding and you'll have all the profits from your investment to yourself and not sharing with a third party nor entrusting your funds to them for safe keeping

BTCETFInvestor is too smart and too rich to hold his own keys. He is also likely smarter than all of us combined.... and sure his smartness, refusal to interact and wanting to prove himself might work out fine for him... perhaps?  There are a lot of newbies to bitcoin (like BTCETFInvestor) who are choosing not to directly buy bitcoin and they might not even know the difference between bitcoin and derivative products. 

Several of them even talk about the bitcoin ETF and/or other bitcoin derivative products that they might own as if it were the same as bitcoin.

When participating in threads like this, we want to try to learn from each other, but surely some folks sometimes will seem that they have an agenda or maybe that they are making shit up.. even if they might have some smarts, too.

[edited out]

I have full trust in Fidelity Investments, a multi-trillion dollar global financial investment management service company, one of the largest in the world.
Fidelity is governed by my country's (USA) financial standards and requirements just like the two other major brokerage accounts I use, the two major banks I use and another of the world's largest investment companies where I also have significant assets.

I am not the least bit concerned about the security of any of my investments or assets. I'm not in some third-world, corrupt country...     
I have no problem paying an annual 0.25% fee. That doesn't bother me one bit!

Of course, you have a right to do whatever you like, yet I doubt we should be comparing and contrasting BTC ETFs in this thread, especially if you had created another thread on the topic.

Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder  to focus on the long game rather than chasing dips

Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time.  That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice.  To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.

We are not talking about "all cryptocurrency" here.  We are hopefully trying to talk about bitcoin.

[AYOBA]

Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time.  That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice.  To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.

We are not talking about "all cryptocurrency" here.  We are hopefully trying to talk about bitcoin.

Thank you for the correction; it was a typing error. I do not mean to talk about the cryptocurrency. Because this thread is for Bitcoin discussion, this is where we’re growing our Bitcoin knowledge from different members, both the high-rank members and the lower-rank members. Since some people know that this thread is all about buying the Bitcoin DIP and HODL, even those that didn’t have interest in investing in the Bitcoin before are now encouraging to have the Bitcoin knowledge so that they can buy and HODL a bitcoin for long periods of time, as they are aware that the Bitcoin has become the best all over the world. Where can we invest the little one we have and enjoy huge profits in the future.

[Lidger]

In fact it is never wise to buy a dip or wait for the right time. Those who wait to buy a dip will never find the right time, so they will fail to invest. There are many stories in the past, those who have waited for prices to fall have failed to invest and are currently regretting it. Now it is better to buy bitcoin at a low price but you should not wait for the price to fall, because if you buy bitcoins with DCA strategy you can buy bitcoins at an average price. So there's no need to wait to buy the dip, the longer you delay the more you fall behind. So if you have a long-term plan, don't wait but it's wise to start investing using DCA strategies. And if you continue to invest consistently in the DCA strategy and if the market goes down while investing, you can take advantage of the opportunity to buy dip.

Good understanding you got here, you know some are never serious with anything so the keep giving excuses as if there's a fixed period t buy Bitcoin, with my understanding about humans, some of those people that said they are waiting for the dip to buy Bitcoin, if we monitor them closely, we will be surprised to know that might not even buy anything, they just say all those things so that people will see them as intending investors that are preparing to buy, I get pissed with those silly talks, although I understand that everyone has there decisions to make but whats the need for anyone to wait till the dip before they can buy when they can actually start up by DCAing consistently with what they can afford and may be buy higher during the dip, this has been said here countless times, people should just think wise before they'll start saying had I known.

According to the strategy I use to invest, I will not accept that you have to invest in Bitcoin at a certain time. I invest in Bitcoin regularly and I have seen many ups and downs in the Bitcoin market in this challenge of investing regularly, but I have never made my investment irregular. I have doubts about whether those who think that you cannot always invest in Bitcoin but have to invest in Bitcoin by watching the market at a certain time can actually make their investment successfully. If an investor is too worried about the market before investing and if they do not have the confidence to invest, then it will be quite difficult for them to actually start investing and even if they can start investing, it will be very difficult for them to invest consistently later. So I think that instead of making investing in Bitcoin so difficult, this matter should be made easy and investment should be continued easily.

[Dictator69]

We are not talking about "all cryptocurrency" here.  We are hopefully trying to talk about bitcoin.

Thank you for the correction; it was a typing error. I do not mean to talk about the cryptocurrency. Because this thread is for Bitcoin discussion, this is where we’re growing our Bitcoin knowledge from different members, both the high-rank members and the lower-rank members. Since some people know that this thread is all about buying the Bitcoin DIP and HODL, even those that didn’t have interest in investing in the Bitcoin before are now encouraging to have the Bitcoin knowledge so that they can buy and HODL a bitcoin for long periods of time, as they are aware that the Bitcoin has become the best all over the world. Where can we invest the little one we have and enjoy huge profits in the future.

This thread has motivated many to buy and those who have not bought yet because newbies are most active here I was once a newbie who started to like this thread because the discussion was real and authentic, especially with the JJG because he knows a lot about investment in Bitcoin.

I learned and I was once a newbie but not now because I learned many things from this thread alone and I don't spend much time on other threads but only a few.

Just to revive the topic from its title and this post you made, what do you think we should buy bitcoin now for long term or wait for the downtrend? I want to know what you think, what others think, and what I think, we should buy.

[Jostern]

The best time to buy Bitcoin was yesterday and another best time to buy Bitcoin is today. Any investor that has discretionary income readily available to invest in Bitcoin, but choose to start accumulating Bitcoin when Bitcoin is in a dip, just know that investor is not ready to invest in Bitcoin, because i don't know why people will want to start accumulating Bitcoin in a price that's not realistic. Just as you said, it is better for people who think that Bitcoin is too high for them to accumulate to start accumulating Bitcoin by DCAing because they stand a good chance of accumulating good quantity of Bitcoin, and if a dip occur, they can still accumulating Bitcoin, which is a bonus to them.

The truth is dips always sound easier in theory than in practice. When the price falls, fear usually grows, and many of the same people who said they were waiting for a dip still hesitate to act. That’s why building a habit through DCA is more reliable because it takes emotion out of the process. If the market gives you lower prices, you benefit by adding more, but if not, you’re still moving forward instead of standing on the sidelines.

I think if you want to approach the dip it’s quite easy considering that you are not waiting for an unprecedented dip, we know that it’s quite simple to buy bitcoin through DCA with as little money that we have available, and from my experience of buying bitcoin sometimes I’ve also tried to front load my bitcoin by buying through the lump sum when I have some more discretionary available, and I’m not just constant with accumulating only through the DCA, like I always say if we have more money available and I want to buy during a dip, I have to make an approach by saving some money aside considering when the dip comes so I can buy massively and that still doesn’t stop me from buying on a regular basis.

Because dips are unpredictable, saving extra money on the side can work well in theory, but the challenge is that it often demands timing skills that most people don’t truly have. Even if someone prepares a lump sum, the question becomes when exactly is the dip, many times the price looks like it’s falling only to recover quickly, and waiting too long can leave that cash sitting idle instead of working for you.

That’s why a steady habit like DCA has such strong appeal, it guarantees progress regardless of short term moves. If someone does have additional income, nothing stops them from adding more during a sharp correction, but the foundation remains that ongoing consistency. In practice, the mix of DCA as the base and occasional extra buys when conditions feel right tends to give peace of mind, because you’re never entirely dependent on perfect timing to grow your stack.

The truth is Bitcoin is quite unpredictable, then considering the unpredictable nature of Bitcoin, then it’s always wise for investment decisions to always appreciate buying through the DCA, some guys usually makes the mistakes of buying when they think it’s right for the market to buy and invest in bitcoin, but I wouldn’t discourage whatever idea and strategies that quote happens for you to buy and accumulate bitcoin on a consistent basis, you can literally not think that the money sitting idle is a waste of time, because it has a purpose and having that reserved interest to approach the market is quite enough skill.

However we can always have a different approach when we want to consider buying when there is a dip, the fact that the price of bitcoin is unpredictable there is every tendency we would come across a dip in the market price, well you will not be waste and keeping the money idle like you think, as long as you’re buying bitcoin consistently and also having other options should in case you come across it you can still decide to buy from the dip, but that’ is a personal decision because some people wouldn’t have the opportunity to do that financially, but if I have that opportunity to do that in a financial sense why don’t I do it, because that would be a common sense to also buy in that nature while also being aggressive with other methods.

[avp2306]

We are not talking about "all cryptocurrency" here.  We are hopefully trying to talk about bitcoin.

Thank you for the correction; it was a typing error. I do not mean to talk about the cryptocurrency. Because this thread is for Bitcoin discussion, this is where we’re growing our Bitcoin knowledge from different members, both the high-rank members and the lower-rank members. Since some people know that this thread is all about buying the Bitcoin DIP and HODL, even those that didn’t have interest in investing in the Bitcoin before are now encouraging to have the Bitcoin knowledge so that they can buy and HODL a bitcoin for long periods of time, as they are aware that the Bitcoin has become the best all over the world. Where can we invest the little one we have and enjoy huge profits in the future.

This thread has motivated many to buy and those who have not bought yet because newbies are most active here I was once a newbie who started to like this thread because the discussion was real and authentic, especially with the JJG because he knows a lot about investment in Bitcoin.

I learned and I was once a newbie but not now because I learned many things from this thread alone and I don't spend much time on other threads but only a few.

Just to revive the topic from its title and this post you made, what do you think we should buy bitcoin now for long term or wait for the downtrend? I want to know what you think, what others think, and what I think, we should buy.

It really help people to know those best approach to do especially if they want to learn more about long term investment.

There are lots of things to be learn here especially those good opinions contributed by lots of veterans members here.

I used to be so active on trading discussion section before talking lot of things about trading, but now didn't visiting that section again since I didn't find trading as good activity to participate on especially if we talk about dealing with our Bitcoins. Also don't pay much attention on the title and focus doing proactive action on your Bitcoin accumulation since this is better to pay attention rather than those other unnecessary things.

[Alonso_]

Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder  to focus on the long game rather than chasing dips

Did you just say the right, does such exist anywhere, dude I think you shouldn't get things twisted, dip is dip and waiting for it has to be frown at, I concur to the very point where you single out the benefits of DCA, well said on that spot but why did you get it wrong from the very statement you made?

Well since you already know that such thing does not exist anywhere, so there is no room for argument. Moreover I think @ Miramax12 knows that there is no any other dip so is assume that he's just referring to the normal dip, even though some people might be waiting for a particular dip before attempting to invest but I'm sure that such thing is not recorded any where rather is just a personal believe but that's by the way. I want to agree with him on the fact that waiting for a dip can be a trap, and if you can't sense it earlier definitely you will end up regretting.

You all are making the same arguments and statements right here, alot of time we have come across such statements as this that expecting a dip before buying assets, this have made a lot of investors who lack that right understanding to make investments mistakes, waiting for the right time where's the right time is now, taking time back to make research is good, but waiting too much time expecting one particular market drop before buying is totally wrong approach.

I like a situation where I can have that mindset that yesterday is an opportunity to buy and accumulate bitcoin, and today is also an opportunity to buy and accumulate bitcoin, and well I don’t like that idea where I have to wait for a particular dip to occur before I can buy bitcoin, that is why I have that simple idea of buying anytime, it’s very simple to make investment mistakes, and it’s also very simple to have a good bitcoin investment journey if we’re able to just appreciate buying and staying in motivated to continue buying and accumulating bitcoin on a regular basis, and I think there is no such thing as a particular dip, because a dip will always be a dip, so I don’t really understand why people still keep emphasizing on this same statement.

[yixichloro2xx]

The best time to buy Bitcoin was yesterday and another best time to buy Bitcoin is today. Any investor that has discretionary income readily available to invest in Bitcoin, but choose to start accumulating Bitcoin when Bitcoin is in a dip, just know that investor is not ready to invest in Bitcoin, because i don't know why people will want to start accumulating Bitcoin in a price that's not realistic. Just as you said, it is better for people who think that Bitcoin is too high for them to accumulate to start accumulating Bitcoin by DCAing because they stand a good chance of accumulating good quantity of Bitcoin, and if a dip occur, they can still accumulating Bitcoin, which is a bonus to them.

The truth is dips always sound easier in theory than in practice. When the price falls, fear usually grows, and many of the same people who said they were waiting for a dip still hesitate to act. That’s why building a habit through DCA is more reliable because it takes emotion out of the process. If the market gives you lower prices, you benefit by adding more, but if not, you’re still moving forward instead of standing on the sidelines.

I think if you want to approach the dip it’s quite easy considering that you are not waiting for an unprecedented dip, we know that it’s quite simple to buy bitcoin through DCA with as little money that we have available, and from my experience of buying bitcoin sometimes I’ve also tried to front load my bitcoin by buying through the lump sum when I have some more discretionary available, and I’m not just constant with accumulating only through the DCA, like I always say if we have more money available and I want to buy during a dip, I have to make an approach by saving some money aside considering when the dip comes so I can buy massively and that still doesn’t stop me from buying on a regular basis.

Because dips are unpredictable, saving extra money on the side can work well in theory, but the challenge is that it often demands timing skills that most people don’t truly have. Even if someone prepares a lump sum, the question becomes when exactly is the dip, many times the price looks like it’s falling only to recover quickly, and waiting too long can leave that cash sitting idle instead of working for you.

That’s why a steady habit like DCA has such strong appeal, it guarantees progress regardless of short term moves. If someone does have additional income, nothing stops them from adding more during a sharp correction, but the foundation remains that ongoing consistency. In practice, the mix of DCA as the base and occasional extra buys when conditions feel right tends to give peace of mind, because you’re never entirely dependent on perfect timing to grow your stack.

The truth is Bitcoin is quite unpredictable, then considering the unpredictable nature of Bitcoin, then it’s always wise for investment decisions to always appreciate buying through the DCA, some guys usually makes the mistakes of buying when they think it’s right for the market to buy and invest in bitcoin, but I wouldn’t discourage whatever idea and strategies that quote happens for you to buy and accumulate bitcoin on a consistent basis, you can literally not think that the money sitting idle is a waste of time, because it has a purpose and having that reserved interest to approach the market is quite enough skill.

However we can always have a different approach when we want to consider buying when there is a dip, the fact that the price of bitcoin is unpredictable there is every tendency we would come across a dip in the market price, well you will not be waste and keeping the money idle like you think, as long as you’re buying bitcoin consistently and also having other options should in case you come across it you can still decide to buy from the dip, but that’ is a personal decision because some people wouldn’t have the opportunity to do that financially, but if I have that opportunity to do that in a financial sense why don’t I do it, because that would be a common sense to also buy in that nature while also being aggressive with other methods.

Perhaps the main thing here is not whether someone chooses DCA alone or mixes it with saving for dips, but whether they can actually stay consistent without emotions taking over. Bitcoin’s unpredictability has humbled even the most confident people, so trying to guess  the right time often ends up delaying action. That’s why DCA works, it’s less about timing and more about building a habit that doesn’t break when fear or greed shows up.

Even so, if someone has extra cash set aside and the dip comes, of course it makes sense to add more. The only danger is when people wait endlessly for a perfect dip and then never start. In the end, the best approach is the one you can sustain long term without panic selling or second-guessing yourself. Consistency will always beat occasional perfect calls.