Buy the DIP, and HODL!

[Wind_FURY]

Did I say I want them to sell?

Although we encourage HODLing, we can't actually force people to be actual HODLers because life-conditions of each individual is different, OR, the plan of each individual is different. But the point is, if people are selling now - STOP. They're merely doing what the billionaires want them to do.

IF indeed an individual has a "take profit target", then in my personal OPINION, wait for a seven digit price valuation OR when Bitcoin surges above Gold's total market value.

So are you indirectly saying they should fall into the billionaires bait or what,

If some individuals are INDEED accumulating Bitcoin NOW to SELL LATER, then in my own personal opinion they should "fall for the billionaires' BAIT" <- you said that - when Bitcoin is in a seven digit price valuation or when Bitcoin is more than Gold's total market value.

I think that at this point people with lesser amount of Bitcoin should be encouraged to keep accumulating and holding instead of directing their attention towards selling even though you're trying to say that they could sell in future probably when Bitcoin reaches 7 figures but selling shouldn't be their priority at this point, their major target should be continues accumulation and to keep holding and not otherwise since they're still starters, some of these newbies are weak hands they, need motivation and encouragement to keep pushing and any form of misinformation could make them do otherwise, let's be guided please.

Stop nitpicking and get the context, ser. What you're trying to post/debate is different from what I'm suggesting.

[JayJuanGee]

 👀
The billionaires, the public companies, and the professional asset managers currently holds 12.3% of ALL Bitcoin. That's not including the supply that nation-states have started to HODL in their vaults.

Don't sell your Bitcoin at the current "cheap" price levels. Keep accumulating, if you want to see, then sell when it's at a seven digit valuation per coin OR when it's equal to or more than the total market value of Gold.

You make a good point about accumulating bitcoin, yet I am not sure what you point about selling is?

What are you selling your bitcoin for?

From your perspective, Wind_FURY, what are you going to buy with your bitcoin when you sell it at those supra $1 million prices?

By the time bitcoin reaches $1 million, we probably won't have very high world adoption, and some guys are going to have had accumulated less than 0.1 BTC or maybe they were able to get up to somewhere between 0.25 BTC to 0.5 BTC, and you want them to sell?

Maybe we should focus on accumulating, first?

Did I say I want them to sell?

Yes.

Although we encourage HODLing, we can't actually force people to be actual HODLers because life-conditions of each individual is different, OR, the plan of each individual is different.

Of course.  Each person can do whatever he wants, including post whatever he wants, even dumb shit.

But the point is, if people are selling now - STOP. They're merely doing what the billionaires want them to do.

There are likely quite a few people selling here, since on the other side of each buyer is a seller., and in bitcoin we sometimes might have questions regarding the extent to which the price is being established by the buying and selling of real bitcoin or paper bitcoin.

It is risky for folks (such as exchanges, if it might be happening) to be facilitating the sale of coins that they don't have.

IF indeed an individual has a "take profit target", then in my personal OPINION, wait for a seven digit price valuation OR when Bitcoin surges above Gold's total market value.

You seem to be assuming a lot:

You seem to be assuming when the person got in..

that bitcoin has a top

that bitcoin is not going to continue to go up forever
 
I think that if a person has an accumulation target or a standard of living target, then they keep themselves above that target, so I doubt that is called taking profits because the person would be staying in their bitcoin investment forever, and not really depleting their principle..

There is a need to get to overaccumulation status first, then you just sell whenever you want without falling out of overaccumulation status.

It is quite likely that a person in overaccumulation status would be in profits, so profits is not as relevant as is the question about how many bitcoin that they have.  Do they have enough or more than enough?  

You are planning to trade into something else rather than just staying invested in bitcoin?

Maybe my issue is about how you are talking about these matters rather than what you are saying.. even though what you are saying sometimes is confusing... both in terms of ways that you consider accumulating and now ways that you are talking about selling.

There is no problem spending your bitcoin once you get to overaccumulation status, but there is a need to get there first.

For example, if your desire would be to get to an $80k per year income, then I personally think that currently you would need to have at least 15.1963 BTC, yet if you were to want to get to an $80k per year income in 4 years, then you would need somewhere in the ballpark of at least 3.8 BTC by that time  (see my most recent fuck you status chart for such estimations of the 200-WMA)... so the number of BTC that you need keeps going down, even though the suitability of the formula that is used also needs to be monitored to make sure that you are following a formula that allows you to start to withdraw at the rate that does not remove you from over accumulation status, so for example if the guy who wants an $80k annual income today, has 17 BTC, then he has a cushion of nearly 2 BTC extra, and even if he would start to spend from his bitcoin, he likely would be spending within a formula that does not cause him to fall outside of overaccumulation status.

Did I say I want them to sell?

Although we encourage HODLing, we can't actually force people to be actual HODLers because life-conditions of each individual is different, OR, the plan of each individual is different. But the point is, if people are selling now - STOP. They're merely doing what the billionaires want them to do.

IF indeed an individual has a "take profit target", then in my personal OPINION, wait for a seven digit price valuation OR when Bitcoin surges above Gold's total market value.

So are you indirectly saying they should fall into the billionaires bait or what, I think that at this point people with lesser amount of Bitcoin should be encouraged to keep accumulating and holding instead of directing their attention towards selling even though you're trying to say that they could sell in future probably when Bitcoin reaches 7 figures but selling shouldn't be their priority at this point, their major target should be continues accumulation and to keep holding and not otherwise since they're still starters, some of these newbies are weak hands they, need motivation and encouragement to keep pushing and any form of misinformation could make them do otherwise, let's be guided please.

I think that it is a bit retarded for Wind_FURY to speculate that guys coming in at various points of time might consider selling some or all of their bitcoin based on around a 9x price appreciation - presuming that they bought around current prices, or even if they bought earlier that for some reason gold parity is a kind of top for bitcoin.. ... especially when bitcoin is around 1,000x better than gold, so what woudl be the need to be getting out of bitcoin, merely because it reaches parity with gold's market cap?

Apart from buying bitcoin during bull market, I think buying any other time can be profitable. The bitcoin market has trend, especially to the long time investors.It is always advisable to buy bitcoin when the price is low , so that when the price rises you will be able to make some profit.

When you buy your bitcoin when the market is already roaring ,it can make you loose money. Some people would continue buying bitcoin any time the price dips, and following  market news will go a long way because you will always be informed when to buy, more especially when the market is in deep red.

You've got the core of a good investment approach: buying in fear and selling in greed.

Do you know the difference between trading and investing?

You seem to be talking about trading.

It's is impossible to time the absolute bottom and history has it that accumulating during bear markets and deep corrections ("deep red") rewards long-term holders.

If you are newbie investor then why are you try to figure out if there is a dip or not? or changing your strategy based on perceptions of dip or not?

I would think that first a newbie is getting started and perhaps simultaneously figuring out his cashflow, so for example how much discretionary income that he has, so if he is buying bitcoin on a regular basis, then he is making sure that he has enough discretionary income and that he is buying bitcoin with his discretionary funds.

Of course there can be guys who come to bitcoin and they already have funds that they had saved up and/or invested in other areas and they want to move that money to bitcoin, so maybe it could be worth while for them to consider when to get in, but if they are brand new to bitcoin, then they presumptively don't have any bitcoin  so wouldn't they get in right away rather than waiting until they believe that there is fear.. and why would they even be considering selling if they might have an investment timeline of 4-10 years or longer.

It seems that you (Obulis) are wanting to play the wave within the cycles.. Do you think that you can figure out when to sell?  and presumptively you would be planning to buy back?  But if you are selling, have you even accumulated enough bitcoin?

You have ONLY been registered on the forum for a bit more than a year and a half.  have you already accumulated a position or are you still accumulating?  Sounds like you got it figured out.  Maybe you might want to explain more how you have been doing your bitcoin accumulation for the last couple of years?  presuming that you have already been accumulating since early 2024. Or maybe you got into bitcoin before your forum registration date?

This dollar-cost averaging strategy softens out volatility and avoids the serious danger of buying at great top. Information is key, but discipline - buying when others are dreading - can truly build wealth in Bitcoin, using every market cycles advantageously.

You are mixing DCA and buying on dip?  How do you do that?  you have lump sum funds for doing that?  You are holding back and waiting for dips?  So you are not using all of the money that you allocated for bitcoin for buying right away?  How much are you DCAing and how much are you holding back for buying on dips?

[MainIbem]

Stop nitpicking and get the context, ser. What you're trying to post/debate is different from what I'm suggesting.

Try to take correction when you make wrong suggestions, I understand your context and I'm not trying to go into any debate with you but only correcting your statement by giving you the best approach on how to advice newbies towards the right path to Bitcoin investment, they're called newbies for a reason and very prone to chicken out over any misleading context, they'll definitely sell but that would be in the future and it won't be nice to start directing their attention towards that path since they're still in the early stage of their investment, at this stage accumulating should be their major focus like I've said before now so disregard that suggestion and lead newbies towards acquiring more and more Bitcoin now, they can decide to sell in future when they’ve accumulaed and held long enough.

[Loyang]

Apart from buying bitcoin during bull market, I think buying any other time can be profitable. The bitcoin market has trend, especially to the long time investors.It is always advisable to buy bitcoin when the price is low , so that when the price rises you will be able to make some profit.

When you buy your bitcoin when the market is already roaring ,it can make you loose money. Some people would continue buying bitcoin any time the price dips, and following  market news will go a long way because you will always be informed when to buy, more especially when the market is in deep red.

You've got the core of a good investment approach: buying in fear and selling in greed. It's is impossible to time the absolute bottom and history has it that accumulating during bear markets and deep corrections ("deep red") rewards long-term holders. This dollar-cost averaging strategy softens out volatility and avoids the serious danger of buying at great top. Information is key, but discipline - buying when others are dreading - can truly build wealth in Bitcoin, using every market cycles advantageously.

Buying during the decline and selling after the decline is over will never be right. Because an investor should always keep his investment in mind for the long term. As you said, an investor loses more by doing so. Because we can never tell what will happen in the future. There are many businesses who buy with a lot of money during the decline and after a while after the decline when they see that the market has fallen again and their investment is losing money, they panic and sell their investment and they lose a lot of money. This should never be done, one should always continue to invest in a long term and should continue to buy continuously.

If a person waits for the decline, then he can miss many buying opportunities. Many times it is seen that the decline does not happen according to their expectations and then they regret a lot why they did not buy then. So this should never be done, a person should always invest in a long term and should continue to buy continuously by adopting the DCA method

[Proty]

...they might be new to the forum but not new to bitcoin which makes most of them understand bitcoin Investment more better, than some older members....

I totally disagree with what you just said about some newbies understanding bitcoin investment more better than older members of this forum. With this statement you are trying to undermine the wealth of information that is actually being shared in the forum. There is no doubt that some newbies may have knowledge about bitcoin investment before joining the forum but I believe they are here because they seek more knowledge and to learn from the older members in the forum.

[ruykeri]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

In my own view, those investors that are fond of selling their Bitcoin investment along their accumulation process can be said to be short term investors because they are triggered into selling their Bitcoin investment because of the little profit they see, and they will regret their actions in the future when Bitcoin has achieved the price where they could have gained financial freedom. Advising those investors struggling to reach the status of over accumulation to  sell five to ten percent of their Bitcoin holding makes you look like a trader because you are only concern with buying Bitcoin at a low price and selling it at a higher price within a short term.

After investing in Bitcoin, many people sell their Bitcoins if they see a profit of $500 to $1000 more than the investment in a short period of time. In fact, they are investing for long-term investment, but if they make little profit, they become greedy. That is why they sell them. In addition, many people see that the price of Bitcoin has increased a lot after investing in it, so they cannot have faith and patience. As a result, they sell Bitcoins when there is little profit. They are not short-time investors, they use Bitcoins like gambling. In fact, the first thing that those who really want to buy Bitcoins as an accumulation should have is patience. It is the most stupid thing to sell Bitcoin intentionally before it reaches the over accumulation stage. Those who invest for 1 to 2 years are also basically short-time investors. Even if a person who sold Bitcoin 2 years ago, he will not be able to buy Bitcoin at that low price and that opportunity will may never come again in the future. Therefore, Bitcoin should be invested regularly for a minimum of 4 to 10 years. As a result, it is possible to get a relatively high profit. When you invest for 10 years or more, you will get a much higher profit compared to the profit of Bitcoin in the short term. That is why long-term investors do not pay much attention to the high or low price of Bitcoin. Gamblers are happy if they get a small profit, but those who investor and holders  are complete a whole Bitcoin cycle.

[Mehmet69]

Buying during the decline and selling after the decline is over will never be right. Because an investor should always keep his investment in mind for the long term. As you said, an investor loses more by doing so. Because we can never tell what will happen in the future. There are many businesses who buy with a lot of money during the decline and after a while after the decline when they see that the market has fallen again and their investment is losing money, they panic and sell their investment and they lose a lot of money. This should never be done, one should always continue to invest in a long term and should continue to buy continuously.

If a person waits for the decline, then he can miss many buying opportunities. Many times it is seen that the decline does not happen according to their expectations and then they regret a lot why they did not buy then. So this should never be done, a person should always invest in a long term and should continue to buy continuously by adopting the DCA method

Since the beginning of creation, people's regrets today and in the future will never end. People regret every moment. It is a natural characteristic of humans to regret that matter only if they do not make a profit. We ourselves also regret at different times. Regretting investing in Bitcoin has become a very common thing. While there is time, they will sit and wait for a fall without investing and if the fall is long, they will withdraw their investment for fear of losing money and they will regret it after a few days when the price increases. I think this is a natural cycle. All investors know that we should not wait to invest in Bitcoin. But there are some traders called investors who make losses every time but cannot learn from it.

Here you say "you should not buy during the fall" This is not entirely true. Rather, you should buy in all situations, no matter what the price of Bitcoin is. I say that if you find a fall in the market, try to invest more. But you should not sell as soon as the fall is over. Because I know that no matter how big a fall Bitcoin gets, it will recover over time. If you are calculating an investment for a cycle of 4-6 years, you will definitely benefit. Because no matter how much the price drops, a new ATH will occur in the price after a cycle.

[beveryu778]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.

[DubemIfedigbo001]

Exactly, the dependence on a job only is dangerous, as it is difficult to regulate. Having the opportunity to make your own business or to invest on a regular basis provides actual financial freedom. Savings are a bridge between short term security and long term stability and Bitcoin fits in that strategy. The Bitcoin has demonstrated that it can retain and even increase wealth to its holders across market periods unlike regular savings which are eroded by inflation.

If one only depends on a job, one can never achieve financial independence, one must think of alternatives. Moreover, a person cannot work for the rest of his life. If he cannot choose the right platform for his financial security at the right time, then his future financial security is uncertain.

Most times it's isn't about the job, but the level of discretionary income coming from it. If you've a good discretionary income coming from your job, then you're fine and you can attempt achieving financial independence by going long-term investing into Bitcoin. Setting up a business isn't bad at all but selling your Bitcoin or stopping your regular buys for it is bad, you can still save up for it alongside your accumulating Bitcoin. The good thing about having a successful business alongside accumulating Bitcoin is that it can help you hold for longer. Jobs may not be guaranteed and if you've your own business that's successful, it serves as a major backup in the case of job loss and also double cast as a source of increased discretionary income to invest into Bitcoin in the long-run. The most important thing is to ensure that developing your business doesn't interfere with your consistency in accumulating Bitcoin.

[Kelward]

...they might be new to the forum but not new to bitcoin which makes most of them understand bitcoin Investment more better, than some older members....

I totally disagree with what you just said about some newbies understanding bitcoin investment more better than older members of this forum. With this statement you are trying to undermine the wealth of information that is actually being shared in the forum. There is no doubt that some newbies may have knowledge about bitcoin investment before joining the forum but I believe they are here because they seek more knowledge and to learn from the older members in the forum.

What has how long you've been in this forum got to do with Bitcoin investment? Are you implying that this is the only place to get all the relevant knowledge and information about Bitcoin investment? You should know that there are many Bitcoin investors that are not on this forum and they understand the market and it's circles.

No doubt that this forum is an excellent place for newbies to learn about Bitcoin investment but you should not assume that everybody outside this forum don't understand Bitcoin investment. It is possible that some newbie accounts on this forum are not actually new to Bitcoin investment and some of us can actually gain somethings from their own points of view.

Having clarified my point I know that this forum is the best place for Bitcoin discussions and related topics. We have lots of experienced members here and anybody that has something valuable to add is most welcomed.

[Cgrexp]

...they might be new to the forum but not new to bitcoin which makes most of them understand bitcoin Investment more better, than some older members....

I totally disagree with what you just said about some newbies understanding bitcoin investment more better than older members of this forum. With this statement you are trying to undermine the wealth of information that is actually being shared in the forum. There is no doubt that some newbies may have knowledge about bitcoin investment before joining the forum but I believe they are here because they seek more knowledge and to learn from the older members in the forum.

First, I would like to say something about the forum. This forum is basically a learning and information exchange platform. Where we all share our knowledge, experience, analysis and investment guidance with each other. Here, new and old alike get the opportunity to learn together, ask questions and benefit from each other's opinions. I have learned a lot from this forum, am still learning, and will continue to learn. I learn what I don't know from here. And I share what I know, whatever experience I have gained so that others can benefit from it.
Here, what Sonia_123 said, they may be new to the forum but not new to Bitcoin, which means that most of them understand Bitcoin investment better than some of the older members. Although I agree with your comment to some extent, I do not completely agree. Being new to the forum does not mean being ignorant about Bitcoin. In fact, there are many who may have been investing in Bitcoin for a long time, have investment experience but have just joined the forum. There are many of them who give analytical and logical opinions like the old members. But the number of such people is very small. However, what you said, most new members understand better than the old ones, seems exaggerated to me. Because the old members have not only increased the activity and rank of the forum, they have also consistently analyzed their opinions here over time, gained experience and enriched the community by providing guidance. Some new members understand very well and give logical opinions, which is clear from their comments and analysis. In this case, I do not think it is logical to consider all new members as the best, nor do I think it is right to despise all old members.
Meanwhile, Proty, you said that they are here because they seek more knowledge and want to learn from the old members of the forum. Indeed, many members come to the forum to learn and this is an admirable attitude. However, I think it is a one-sided view to see them only as learners. Here everyone shares their analysis, opinions and experiences and others benefit from it. In this case, the new ones do not just learn. They also share their experiences, opinions and analysis, create discussions and sometimes they bring up very challenging points of view. I think the purpose of this forum is to exchange knowledge, help each other through questions and answers, and create a conscious Bitcoin-based community. I respect the opinions or observations of all members, new or old, on the forum. And there are wise people on both sides, old or new. I don't think it's right to judge someone's level of knowledge and understanding about investing just by looking at their rank. The main criterion for each member should be their speech, reasoning and presentation. So I think the true skill of a person is revealed in how they think and explain their position with logic.

[Tungbulu]

It's is impossible to time the absolute bottom and history has it that accumulating during bear markets and deep corrections ("deep red") rewards long-term holders.

If you are newbie investor then why are you try to figure out if there is a dip or not? or changing your strategy based on perceptions of dip or not?

I would think that first a newbie is getting started and perhaps simultaneously figuring out his cashflow, so for example how much discretionary income that he has, so if he is buying bitcoin on a regular basis, then he is making sure that he has enough discretionary income and that he is buying bitcoin with his discretionary funds.

Of course there can be guys who come to bitcoin and they already have funds that they had saved up and/or invested in other areas and they want to move that money to bitcoin, so maybe it could be worth while for them to consider when to get in, but if they are brand new to bitcoin, then they presumptively don't have any bitcoin  so wouldn't they get in right away rather than waiting until they believe that there is fear.. and why would they even be considering selling if they might have an investment timeline of 4-10 years or longer.

It seems that you (Obulis) are wanting to play the wave within the cycles.. Do you think that you can figure out when to sell?  and presumptively you would be planning to buy back?  But if you are selling, have you even accumulated enough bitcoin?

You have ONLY been registered on the forum for a bit more than a year and a half.  have you already accumulated a position or are you still accumulating?  Sounds like you got it figured out.  Maybe you might want to explain more how you have been doing your bitcoin accumulation for the last couple of years?  presuming that you have already been accumulating since early 2024. Or maybe you got into bitcoin before your forum registration date?

From my own perspective, every new investor's priority shouldn't be to try to guess dips, rather they should put more effort into making sure that the basics are in place, which is knowing and understanding their cash flow, identifying their discretionary income and then committing themselves to a consistent approach (which is the DCA) of buying more bitcoin with that leftover money. If you are a brand new investor and don't own any bitcoin yet, then you will be wrong to be waiting for DIPs or the perfect time before you can start buying, instead,  your priority should be to simply get started immediately, because over a horizon of 4-10 years, what matters more wouldn't be the exact entry point, but just being on the moving train.
It's completely true that most folks who already have savings and assets might think a little bit harder about when to deploy those funds, but still, that doesn't justify the fact that the best time to deploy those funds must necessarily be during a dip, and when you move ahead to wait around for dips, it can often backfire, because you might not really see the dip you're waiting for, and even when it comes, it might not be at the price you were anticipating it to be, thereby making you miss out on potential gains while waiting for what you felt would be the best buying opportunity. Bitcoin mostly rewards those who are dedicated and consistent, people who always second guesing the market.
And this is exactly why i really don't see much need for newbies to worry themselves about the best time to ride the wave in a cycle or when to sell, particularly if they haven't established any meaningful financial position yet. Rather than bothering on which strategy would fit them more, it'll make more sense to build a meaningful position first and then along the way, they can refine their strategy later on.

So from my point of view, the real deal isn't the investor's ability to perfectly time the DIP but their ability to consistently and steadily stack up those sats and also their ability to always stay disciplined to continue stacking for the longer term. The foundation of your investment is exactly what gives you that push, the drive and sets you on a path that you can benefit from the coming cycles and not some sort of a clever timing attempt.

[Dictator69]

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.

I have not tested trading completely yet so I cannot say trading is not best for me but if I am talking about Bitcoin I will only hold it because I saw it making $100k when everyone was talking to hold it until death I was thinking who holds a coin until death but this makes sense. Hold Bitcoin not until death itself, but until the death of your necessity.

If I would need money for my medical or other expenses I will sell my Bitcoin only if I still need money after using my emergency funds, taking loan, and I am left with no other source but to sell my investment, health is wealth and if we are in not in health related situation and we are in some other situation that is also as severe as health related, we must use our BTC as a last resort.

Never tell anyone about your last resort that you have that money, because nobody will help you then, they will say use that money, you could have plenty, that's why never share anyone about the investment, or share with precaution.

Accumulating Bitcoin is the best way to make money if that is what your main idea with Bitcoin, but I suggest we should explore it more, we should give a try to be a validator and contribute to the network, I have a device not spare one but once I will get the chance I will run a node not as a miner, as I don't have enough resources but one day I will also try to mine Bitcoin. It will be fun.

[Sim_card]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.

I disagree with you for classifying bitcoin with shitcoins when history has proven it that only bitcoin is a store of value and increases in price overtime. No shitcoin can you confidence when holding it for a long-term rather you will run at loss through pump and dump project. Take a look at shitcoin(Etherum) that is still struggling to reach the last ATH of $5k in 2021.

Bitcoin has created several ATH since after the lunch of spot ETF till date and I believe that bitcoin price will definitely create a new ATH again in this circle. If you are going for any coin that's not bitcoin, you are only gambling with your future because shitcoins are not promising and a lot of them were created to scam people. I believe that the potential of bitcoin is enough for anyone who understand how bitcoin works to ignore shitcoins and invest only in bitcoin and build his portfolio for 4-10 years and above through regular DCA with consistent and persistent overtime.

Bitcoin gives you the access to be your own bank through her decentralized nature. Shitcoins are centralized and the price can be manipulated by the dev which makes it not worth investing into if you really want to build up wealth for your future. A lot of shitcoins have crashed and many worthless. Don't mislead newbies by saying that shitcoins is worth hodli for a long time when it's not a good advice.

If Binance crashes BNB crashes with it. Luna crashed, be wise and learn from the past.

[Sticky Bomb]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.

If you check the performance of Bitcoin over the various shitcoins you held, you'll see that they're not comparable which would tell the wise to get more involved in Bitcoin and limit or totally stop exposure to shitcoins.

In your activities, ensure you're not getting exposed to shitcoins with not more than 5% of your Bitcoin portfolio size. Bitcoin always rewards long-term holders, if you were one, you should've been in good profits now. Opportunities are still available to grab as much Bitcoin as possible so in the near future you wouldn't have to go over a second phase of regrets

[Finebone]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time,

It seems like you knows that Bitcoin is the only worthy asset to invest in, but you love messing around with shit coin. You saying that all top tier coin are the best is misleading and it's what you should reframe from doing if you really want to go far in your investment, because what you are saying is like bnb is less shitty than they rest of other shit coin.
The earlier you understand that alt and meme are full of shit, the better.

 

[Merit.s]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding

Bitcoin is the king of cryptocurrency and I believe that anyone new in the cryptospace should start their bitcoin investment and focus on building their portfolio for the future and nothing more. I don't agree with you that there's anything like top shitcoins because they are all created for short term purpose. If you go and foolishly buy any shitcoin and feel that you are investing and keep holding for a long period of time, you will regret all through the rest of your life because your portfolio will depreciate overtime. Bitcoin is the opposite of shitcoin and don't feel that they're the same.

Bitcoin is limited in supply, censorship resistance, and beyond institutional control which give it more value and it's an asset that's a hedge to inflation because it's a store of value in the long run. This is why you see that more people are adopting it to save their funds from inflation due to the slowly debasement of dollar. Unserious people chase shitcoins because they prefer to gamble with their time, resources and energy.

Bitcoin is not a get rich quick scheme and needs proper planning and long-term commitment to invest and holding for long provided you are buying with your discretionary income. Fuck shitcoin and use this opportunity to stack up bitcoin for your future because a time is coming that shitcoiners will regret for not sticking solely to bitcoin when the price of bitcoin is very expensive and the value of your shitcoin bag is on a big loss.

[Rustam Meraj]

Bitcoin is the king of cryptocurrency and I believe that anyone new in the cryptospace should start their bitcoin investment and focus on building their portfolio for the future and nothing more. I don't agree with you that there's anything like top shitcoins because they are all created for short term purpose. If you go and foolishly buy any shitcoin and feel that you are investing and keep holding for a long period of time, you will regret all through the rest of your life because your portfolio will depreciate overtime. Bitcoin is the opposite of shitcoin and don't feel that they're the same.

Bitcoin is limited in supply, censorship resistance, and beyond institutional control which give it more value and it's an asset that's a hedge to inflation because it's a store of value in the long run. This is why you see that more people are adopting it to save their funds from inflation due to the slowly debasement of dollar. Unserious people chase shitcoins because they prefer to gamble with their time, resources and energy.

Bitcoin is not a get rich quick scheme and needs proper planning and long-term commitment to invest and holding for long provided you are buying with your discretionary income. Fuck shitcoin and use this opportunity to stack up bitcoin for your future because a time is coming that shitcoiners will regret for not sticking solely to bitcoin when the price of bitcoin is very expensive and the value of your shitcoin bag is on a big loss.

You gave powerful and very common investment view that many people agree with. You are correct that Bitcoin limited supply and ability to resist censorship are reasons for what it is seen as long term store of value and good starting point for new investors. You are also right that most other cryptocurrencies are very risky and many experienced investors see them as gamble other than solid long term investment. Your approach of focusing on Bitcoin is very disciplined and logical way to build your portfolio for future.

[AYOBA]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.

Are you trying to say that there are some other coins that are the best and better than Bitcoin in terms of holding? I don’t think I will agree with that. Because given how the bitcoin has helped a lot of people in terms of investing and holding it for a long period of time, that’s why the bitcoin has become the best all over the world. Even this BNB that you’re talking about is not, as of recently, he hint $1k that you’re trying to use as an example.

Yeah, the DCA method is a great decision for the long-term investment and holding of the bitcoin. There are some people that have interest in investing in the Bitcoins, but since they cannot afford it, they do not bother to invest, and now that the DAC method has been introduced, that’s why we see that the number of people that invest in the Bitcoins is now increasing every day.

[cxtreenal]

Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.

If you check the performance of Bitcoin over the various shitcoins you held, you'll see that they're not comparable which would tell the wise to get more involved in Bitcoin and limit or totally stop exposure to shitcoins.

In your activities, ensure you're not getting exposed to shitcoins with not more than 5% of your Bitcoin portfolio size. Bitcoin always rewards long-term holders, if you were one, you should've been in good profits now. Opportunities are still available to grab as much Bitcoin as possible so in the near future you wouldn't have to go over a second phase of regrets

It should not be compared to shitcoins. I considered it a peer in my early days on the digital platform but it was a misconception. I advise investors to stay away from those fake coins because I am aware of those shitcoins. Most of them survive in the market due to hype. The market cap is increased through manipulation to attract investors. New investors should not hold shitcoins in any amount because they are still beginner and market analysis is required. New investors should only accumulate Bitcoin through discretionary income during the learning period. And the long term investment strategy should be 4-10 years or more. If you can hold decent Bitcoin after completing the four year cycle along with gaining basic knowledge about Bitcoin then you said 5% activity. In my opinion, a long term strategy will lead you to a great financial discipline in which you will forget about the shitcoins.