Buy the DIP, and HODL!

[Showlove01]

For those who have been anticipating this moment, perhaps now is the right time, but the question is, what are your plans, are you ready to ready to hold for a long term, because some folks just want to buy and sell immediately they see a little bit of profit they just rush and sell prematurely thereby wasting their chance of growing their investment due to short term gains, the idea isn't about buying in the dip alone, but to also hold for a longer period of time, which is a sure way to a good profit.

Just apply this to yourself without worrying about people who don't listen to other people's ideas and often dismiss them as negative when someone offers a brilliant idea like this. I will always use the best method of buying and holding for the long term, without bothering myself with people who like to trade short-term because we don't live in one day. So just take advantage of every opportunity and continue to use safe methods so you can consistently buy for long-term investment purposes, especially now that Bitcoin is still around $95,000, which is generally a very reasonable price for all investors.

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.
$95k is a  good opportunity to buy and hold for long term as the price will surely increase in the future and any investor that leverage this opportunity and accumulate more Bitcoin and hold for long term will definitely smile in the near future.

Personally I’ve always advocated for everyone to treat bitcoin for what it is, bitcoin is a long term investment and at such anyone who’s venturing into it should invest with a long term mindset or goal. It’s a condemnable act to invest in bitcoin for only short term gains. Whoever buys and sell bitcoin immediately for short term profit is not an investor, but a trader and such approach is wrong for bitcoin investors and those people deserve to be blamed for their actions because right now it’s as if they are making profit, but deep down they are losing money by buying and selling immediately for a quick profit in the sense that if they should buy bitcoin now and sell immediately they noticed a little increase in price, what if they want to buy bitcoin again after selling the one they acquired for quick gains, that means they might probably buy at an even more higher prices than it was when they sold considering the volatile nature of bitcoin. Or they will wait again until the price  is low (dip) before accumulating bitcoin and such buying pattern is a wrong strategy for a long term bitcoin investor as it has the tendency of misleading newbies into waiting for the dip before they accumulate bitcoin, and they might be waiting for the dip which may not occur and they will probably miss out on several buying opportunities. They might end up not continuing with their bitcoin investments and abandoning it totally.

To be able to achieve a significant level of success in our bitcoin investment, It’s advisable we approach bitcoin with a long term mindset of consistently accumulating bitcoin and hold for the long term goal using the DCA method. With just our discretionary income we can be buying bitcoin regularly either on a weekly or monthly basis depending on how our income flows and gradually build up our portfolio to such a level that we can be able to meet our accumulation target or perhaps grow into an over accumulation status where by even if we decide to take out our profit in the future using the sustainable withdrawal method it won’t affect our bitcoin holdings and we can go on and on with our investment for the long term and can even possibly be passed on to generations.

Many people relay so much catching the dip that they forget the real growth usually comes from patience it is not just about getting in the right moment its about staying in long enough for investment actually mature. everyone has their own style, but jumping out the the second you see a little profit can definitely limits your long term potential. holding with a clear plan and realistic expectations makes a big difference at the end of the day discipline is  important as timing .

What are you even calling right moment? Is there anything like right moment in Bitcoin investment? I don't think there is because any moment an investor has a good amount of money in their discretionary is a right moment because with that they can go as far as possible because they have it all in their discretionary so don't confuse yourself by calling the dip the right moment because even some people don't invest during the Dip either because they don't have enough funds or they are scared of investing at that moment so Dip is not really..., take that off your head to avoid mistakes.

[yixichloro2xx]

For those who have been anticipating this moment, perhaps now is the right time, but the question is, what are your plans, are you ready to ready to hold for a long term, because some folks just want to buy and sell immediately they see a little bit of profit they just rush and sell prematurely thereby wasting their chance of growing their investment due to short term gains, the idea isn't about buying in the dip alone, but to also hold for a longer period of time, which is a sure way to a good profit.

Just apply this to yourself without worrying about people who don't listen to other people's ideas and often dismiss them as negative when someone offers a brilliant idea like this. I will always use the best method of buying and holding for the long term, without bothering myself with people who like to trade short-term because we don't live in one day. So just take advantage of every opportunity and continue to use safe methods so you can consistently buy for long-term investment purposes, especially now that Bitcoin is still around $95,000, which is generally a very reasonable price for all investors.

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.
$95k is a  good opportunity to buy and hold for long term as the price will surely increase in the future and any investor that leverage this opportunity and accumulate more Bitcoin and hold for long term will definitely smile in the near future.

Personally I’ve always advocated for everyone to treat bitcoin for what it is, bitcoin is a long term investment and at such anyone who’s venturing into it should invest with a long term mindset or goal. It’s a condemnable act to invest in bitcoin for only short term gains. Whoever buys and sell bitcoin immediately for short term profit is not an investor, but a trader and such approach is wrong for bitcoin investors and those people deserve to be blamed for their actions because right now it’s as if they are making profit, but deep down they are losing money by buying and selling immediately for a quick profit in the sense that if they should buy bitcoin now and sell immediately they noticed a little increase in price, what if they want to buy bitcoin again after selling the one they acquired for quick gains, that means they might probably buy at an even more higher prices than it was when they sold considering the volatile nature of bitcoin. Or they will wait again until the price  is low (dip) before accumulating bitcoin and such buying pattern is a wrong strategy for a long term bitcoin investor as it has the tendency of misleading newbies into waiting for the dip before they accumulate bitcoin, and they might be waiting for the dip which may not occur and they will probably miss out on several buying opportunities. They might end up not continuing with their bitcoin investments and abandoning it totally.

To be able to achieve a significant level of success in our bitcoin investment, It’s advisable we approach bitcoin with a long term mindset of consistently accumulating bitcoin and hold for the long term goal using the DCA method. With just our discretionary income we can be buying bitcoin regularly either on a weekly or monthly basis depending on how our income flows and gradually build up our portfolio to such a level that we can be able to meet our accumulation target or perhaps grow into an over accumulation status where by even if we decide to take out our profit in the future using the sustainable withdrawal method it won’t affect our bitcoin holdings and we can go on and on with our investment for the long term and can even possibly be passed on to generations.

You really said it well, you will enjoy the best of Bitcoin if treated as a long term plan not for short term.  if you are buying and selling constantly it can drain you, because your eyes will be on the chart daily which can confuse you and make you miss good entries. Best thing accumulate steady with your DCA funds and it will help you build a stronger position without any stress.

[Alonso_]

I got some at 94.5 k

still looking for 92.5k

I have been buying bitcoin on a regular basis, I bought bitcoin already before the unknown dip, but I will always buy bitcoin on a regular not always considering the dip, but if I have the opportunity to buy the dip why not, I will buy when their is a dip in the market price and am ready to buy when the time comes for me to buy my weekly bitcoin, So right now we do not know if bitcoin will get to the amount you are projecting of 92.5k, considering the volatile nature of bitcoin this things are unknown.

[SOKO-DEKE]

I don't know why many people are shouting this is the best time to buy BTC, does it mean the price will not dump below $95k this year. If you say this is the best time to buy and the price dump lower to $80k or $70k don't you think the newbies you advise to buy will not be happy with you. It will be better we allow anyone to buy BTC at his convenience price and hodl because this price will surely going to dump more in the future.

Every time is the best time to buy Bitcoin, regardless of the price whether some feel it is high or low because Bitcoin is unpredictable. As an investor, your aim should be to build a better portfolio, not to focus solely on the price of Bitcoin. If someone focuses too much on the price, they will hardly make an investment because they will keep trying to time the market and may end up missing great opportunities.Instead of targeting the market and waiting for the price of Bitcoin to drop, why not use the DCA method? DCA gives investors the opportunity to buy Bitcoin at different prices while continuing to invest regularly.

[JayJuanGee]

Buying NOW is definitely better than buying went it was above $100,000 because WILL get more units in Bitcoin for the same amount of fiat.
HODL.

The current Bitcoin dip is a golden opportunity for investors. For many who are waiting to buy Bitcoin, this is a good opportunity that is foolish to miss. If you invest according to your ability during this time and hold it for the long term, then that investor will benefit the most. But for those who wait for more dips, investing will be more difficult. They will fail to accumulate Bitcoin at some point. Smart investors constantly do Bitcoin DCA and see big dips as an opportunity for their investment.

This kind of dip is the moment people pretend they are waiting for,  then when it actually comes, they freeze and start overthinking. Meanwhile the smart ones are just quietly stacking more, nothing dramatic.

Trying to time the lowest dip always ends the same way, you just watch the price leave you behind. Consistent buying and holding long term has always worked way better than waiting for the perfect entry..
Honestly, anyone that understands how Bitcoin moves will see this period as a blessing, not something to fear..

Even though I get your point about ongoing BTC accumulation, some folks are not going to see large dips as "a blessing."

I would imagine that the earlier a person is in their BTC accumulation journey, those folks are going to consider dips like this as "a blessing."  Guys who have accumulated bitcoin for a decent amount of time might get frustrated by such dips especially if they might either not have money to buy these dips and/or if they consider themselves to not really be in their BTC accumulation phase anymore.

[edited out]

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.

Yes. People can do whatever they want, even dumb shit...

Also, we are not talking about trading here.  Anyone who is buying/selling immediately is trading and not investing.

$95k is a  good opportunity to buy and hold for long term as the price will surely increase in the future and any investor that leverage this opportunity and accumulate more Bitcoin and hold for long term will definitely smile in the near future.

I don't know if you really mean "leverage" since that is another concept that goes beyond merely buying... buying with leverage is like using borrowed money to buy.. and sure it might work out, but using leverage adds additional risks that might not be necessary.

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because without  everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.

Even with the advise which is constantly been given by sir Jay and other knowledgeable members of this forum, people will still go ahead to do whatever they want, even when it is not the right thing to do.  It is a fucked up plan for people to buy Bitcoin with the intention of selling almost immediately, in order to make some profit. These categories of people are yet to understand that Bitcoin isn't a buy today and sell tomorrow scheme, and if they continue in that manner, they will end up fucking up their lives and their financial future, and also will always end up looking back and blaming themselves for not being wise, but stupid. Better still people should only and always invest in Bitcoin with the mindset of holding for the long term, and in the course of this long term holding, they can even keep on stacking up inorder to boost their bitcoin portfolio.

Even though many bitcoiners, including yours truly, recommend investing in bitcoin and not trading it, we cannot tell others what to do and also we do not know if we are correct, even if so far, it appears that historically those of us who have errored on the side of accumulating and holding bitcoin have been correct and better off than the traders, at least mostly so. It would be difficult to find very many example (or even repeatable examples) in which the BTC traders have done better than the BTC investors.. at least not longer term, such as a couple of cycles or more.

The purpose of a true investor is never to sell. No matter how bad the market situation is, he will always try to hold on, unless he falls into an emergency situation. Like medical treatment or the bank is taking his house.

However, Bitcoin never moves in a straight line. So when the time comes for a dip, it is a panic for many. But you already know that in the long run the price of Bitcoin is always up. Those who do not understand this reality, they usually buy at a high price and sell at a low price. And the biggest thing that I think is the lack of strategy is the reason for the wrong decision to sell. There is no clear plan of what price to buy, why to hold, and how long to hold. Many people see DIP as a discount.

However, if you trade in the short term, even if you make a temporary profit, you will face losses after some time. Now you decide which one you want to do.

The idea that investors never sell Bitcoin is wrong. If they hold Bitcoin and do not use it at the right time, then there is no point in investing in Bitcoin. Those who invest in the right way, just as they systematically buy Bitcoin, they also systematically sell Bitcoin at the right time. Now let's say someone is 30 years old and starts investing for a period of 10 years. If he reaches the over-accumulation stage, then even if he retires from his job or his income stops, he will still be able to live his life by selling Bitcoin for  through sustainable withdrawals.

It seems that you said everything correct ruykeri- yet I am not sure if you really understand the idea how a person might transition into some kind of a stage in which he is able to sell bitcoin while still considering himself an investor rather than a trader.

Maybe in order to show that you understand the idea of sustainable withdrawal, you might need to outline some kind of an example of how this kind of a system might work out in real world application rather than merely theorizing about the possibility of accomplishing such a status?

[edited out]

You are absolutely correct and even if someone doesn't retire from their work or job, once they have hit their target that is overaccumulation stage then they are free to sell but they won't sell dumbly in the sense that they will be selling a very big portion of their investment each time they want to sell but rather they should be selling little cent and be replacing back that is the idea.

If you have reached overaccumulation status, then I am not sure why you would need to replace back any of the BTC that you end up selling.  Sure, if you are still building your bitcoin holdings, then you should be replacing any bitcoin that you sell.. it is like a sell and replace that can be done even when you are in your earliest of stages of bitcoin accumulation... yet once you reach overaccumulation status, then replacing sold bitcoin seems optional and not at all necessary and since it is optional then it is not really part of how a person might employ sustainable withdrawal.. which causes me to think that you don't really understand the idea of sustainable withdrawal.  There have been other guys repeating that same wrongness about sustainable withdrawal and I cannot recall if I might have had already attempted to correct you on this matter in the past.. .One of the things is that frequently guys state the error and they continue to state such error, even when they have been pointed out to be in error with their statement.

Lastly, I want to also remind or inform you that the reason we invest in Bitcoin is not really to eradicated financial problem but to have an asset and I'm sure anyone who has Bitcoin as an asset in the future will be proud of himself or herself.

Sure.  There could be a bit of a status aspect in regards to having bitcoin, yet I think the more important thing with any asset of value would be that the asset should provide more options by having the asset as compared with not having the asset, which seems to be the case with bitcoin, even though sometimes having certain kinds of assets could be a burden, too...

The current Bitcoin dip is a golden opportunity for investors. For many who are waiting to buy Bitcoin, this is a good opportunity that is foolish to miss. If you invest according to your ability during this time and hold it for the long term, then that investor will benefit the most. But for those who wait for more dips, investing will be more difficult. They will fail to accumulate Bitcoin at some point. Smart investors constantly do Bitcoin DCA and see big dips as an opportunity for their investment.

Yes, perhaps what you said is true, but in my opinion, even if Bitcoin doesn't experience a price drop like it is now, it remains an asset that should be continuously purchased using the DCA technique. Because, in my opinion, the present moment is the real opportunity. This moment will never come back, and that's why I think it would be a shame if someone didn't start investing in Bitcoin. Because in the future, Bitcoin will likely be more expensive than its current price. Therefore, I say that a good opportunity isn't about the current price of Bitcoin. But rather, it's the timing that we must consider.

Time will never come back, so we must be able to take advantage of the present and invest in Bitcoin if we already have discretionary funds. Because if you only focus on price, I'm sure you'll never be satisfied waiting for Bitcoin's price to drop before investing. So, my advice is not to be that person, because Bitcoin is very unlikely to experience a drastic decline like what happened in previous cycles. Because currently there are a lot of Bitcoin investors who are holding it, that's why the price probably won't fall too far. So, in conclusion, use the current time to start investing in Bitcoin, because now is truly a good time to start investing in Bitcoin in the long term.

You are saying something that is always true, whether we are in a dip or not.

The best time to start investing in bitcoin was yesterday, and the second best time is today.  We cannot turn back the clock to yesterday... so it is good to get started as soon as possible, especially for anyone who either has no coins or does not have enough coins.

[bestcandy]

Thank you boss JJG  for kind advice about anyone buying/selling immediately as trader. I really appreciate your advice and clarifications and I'm using this bearish period to buy more Bitcoin and hold it for long term to optimize my investment portfolio in the future. Although I am a low income earner and will not be able to buy big quantity of Bitcoin at a time, your suggestions and ideas especially the DCA method will help me realize something significant over the years. As the correction continues, it will even help me more to get more Bitcoin with my small investments. I believe Bitcoin is the future and one of the best things to invest in and I'm willing to give it my best.

[As-Soon-As]

Many people relay so much catching the dip that they forget the real growth usually comes from patience it is not just about getting in the right moment its about staying in long enough for investment actually mature. everyone has their own style, but jumping out the the second you see a little profit can definitely limits your long term potential. holding with a clear plan and realistic expectations makes a big difference at the end of the day discipline is  important as timing .

You keep it for a long time and add more easy ways, you follow the DCA method weekly then you will see that you will have a large portfolio and can make benefits by investing in large amounts of Bitcoin. This will be the best fit for you, because I think most of the Bitcoin investors here follow the DCA method. And after following this DCA method, his Bitcoin investment gradually grows and he can create savings from all aspects such as buying Bitcoin and buying dip. And future planning becomes easier for him to keep it for a long time, so by following the DCA method every Bitcoin investor is on the path to success.

[JayJuanGee]

[edited out]

The price of Bitcoin might decline further,this is a an opportunity for long term Bitcoiners to stacked up  Bitcoin faster and cheaper instead of panicking. I don't see any reasons why I should be panicking due to the current Dip because I am a long term Holder and investor in Bitcoin.  I don't panic when Bitcoin decline in value rather I see it as a valuable opportunity to buy Bitcoin. I haven't missed a single week without me stacking Bitcoin. And if Bitcoin price decline further,I will continue to Buy and Hodl without relenting.
Furthermore, people that are panicking and  panic selling their Bitcoin Stash are traders and short term holders,long term Holders are don't panic but instead, they pray that the Dip last much Longer so that they can stack up and accumulate large stashes of Bitcoin.

I doubt that long term holders pray that the dip last much longer.  You are out of touch with reality.

Persons who are new to investing into bitcoin will pray for the dip to continue, but people who have already accumulated a lot of bitcoin will not pray for the dip to last much longer.

Sometimes the dip is good for the longer term investor, but some might run out of money and others might get scared by the dip, which as you suggest is not necessarily the better approach to accumulating bitcoin.

Anyhow, we cannot necessarily judge what another person should do, especially if they have already been accumulating for a while.. They might  be in a different stage of their investment as compared with the stage that you perceive yourself to be in right now.

If to accumulate bitcoin right now is the solution, what if you accumulate right now and the price continues to be falling, will you be continue to accumulate, or the we one we have already we should continue to hold, I think that holding Bitcoin you have even though is falling every day is better to accumulate as it's falling every day, but when I will like to hold is when I have notice that the falling will not be something of drastical falling

How would you no when there would be drastical dip?, are you scared your investment will not be the same if it was that drastical?. So are you telling us that when you have Bitcoin before this fall started we should just keep those ones there and stop buying Bitcoin because of the way the market is doing?, how do you get this psychology on Bitcoin investment when many are happy they can buy now, if you are practicing this then that means you have not been investing all this while, you have become a procrastinator and there is no too much different from this and people who sell shot because of fear.

The logic is not that bad, someone may feel hesitant to continue his BTC purchase, and there is nothing wrong with delaying for a while so that he is sure to resume it, it is human nature, there is fear and doubt, it cannot be completely eliminated because he is human, someone stopping DCA does not mean he will stop forever, he will also convince himself again and feel the time is right then resume his purchase, after all at this time it is at the end of the cycle, it is natural to think that way, you should not force your opinion to discredit people with such views.

The most important thing is not to sell BTC that you already have because of market uncertainty and not knowing which way BTC will move in the near future, if there is another decline then DCA can be continued calmly at the BC support price and if it goes up, of course you still have BTC in your wallet.

Some guys stop buying on dips, even though they are still in their accumulation stage and that is problematic.

Some guys who are new to bitcoin stop accumulating BTC because they are pondering over dips that may or may not come, which is not a good idea.

You can do what you like, but many times a guy needs to continue to accumulate bitcoin.

Sure based on your forum registration date, you may well could have had been accumulating BTC since 2016, so you may well could have put yourself into a position in which trying to time your accumulation might be better than straight out buying at any price, yet you also could be making mistakes by choosing not to buy at this time.  The answer is not necessarily obvious and sometimes guys would have had been better off to just keep buying rather than trying to strategize their bitcoin buys.. but if you have been buying bitcoin for around 9.5 years, then your situation might be different from normal folks in their BTC accumulation stage.

The logic is not that bad, someone may feel hesitant to continue his BTC purchase, and there is nothing wrong with delaying for a while so that he is sure to resume it, it is human nature, there is fear and doubt, it cannot be completely eliminated because he is human, someone stopping DCA does not mean he will stop forever, he will also convince himself again and feel the time is right then resume his purchase, after all at this time it is at the end of the cycle, it is natural to think that way, you should not force your opinion to discredit people with such views.

The most important thing is not to sell BTC that you already have because of market uncertainty and not knowing which way BTC will move in the near future, if there is another decline then DCA can be continued calmly at the BC support price and if it goes up, of course you still have BTC in your wallet.

If your discretionary income is on a regular flow, why will you stop to accumulate bitcoin for a while because there's a dip. Don't you think that you will slow down your bitcoin accumulation pace which will have effect on your bitcoin target. I don't see it as a good idea because whether you wait or not, it wouldn't make the price to move in your favor so why using that as an excuse.

Even though we surely cannot know the circumstances of guys posting her, I still get the sense that ginsan is letting his own history in bitcoin get in the way of his exercising good judgement, and so in some sense, he is likely too busy wishing for lower prices rather than employing persistent, consistent, regular, ongoing and even aggressive BTC accumulation through buying.

Sometimes it is difficult to get guys from repeating their earlier mistakes since many guys who have been in bitcoin for more than a couple of cycles, they likely would have had been quite advantaged by investing aggressively and front loading their investment, so they will frequently not invest aggressively at higher prices because they are too busy pondering about fantasy down prices that may or may not end up coming to fruition.

This is why it's essential that a new investor has a long term accumulation mindset and taget. So that, he can continue building and growing his bitcoin investment with  DCA overtime irrespective of the price of bitcoin at that moment. If you were consistent with your bitcoin accumulation when the price was above this price why will you choose to miss the opportunity of buying more coins at a cheaper rate now.

You make sense, yet when guys get into a mindset of throttling their buys, then they may well end up leaving too much cash on the table.  Of course, if a guy is investing through the years and just investing in a more whimpy way, he still may end up doing o.k. even though he is keeping a larger cash reserve on hand as compared with the more aggressive investor.

And, surely in the end, the level of aggressiveness is a discretionary matter, and frequently many of us will recognize that it is better that someone invest into bitcoin on a regular and even whimpy way rather than to either stop or to not invest at all, so even if we might not agree with what seems to be ginsan's current approach - and/or his throttling of his BTC buys, he is the one who is going to have to live with the consequences of his choices.. in which there may not really be any kind of BIG difference within the various level of aggressiveness buying options that are available to him.

The only investor that should wait are those that don't have discretionary income available to continue with their ongoing DCA. Waiting is never a good strategy to increase your bitcoin stash.

This is difficult to know for another person..., especially for a non-beginner.. .  Of course, we likely know that beginners should probably spend at least a whole cycle investing consistently and persistently in bitcoin, and it can be difficult to know if ginsan had already spent something like a whole cycle or more investing into bitcoin in a consistent and persistent way before he moved to a more modified approach.  I think that ultimately, you are probably correct in your assessment, since I get the sense that ginsan has never gone through a whole cycle or more consistently and persistently buying bitcoin so that he would be justified to modify his approach based on the quantity of BTC that he had already accumulated, and even guys who might modify their buying approach based on the quantity of BTC that they had already accumulated,, they still should be figuring out ways to buy on 15%, 20% 25% and higher levels of dips without trying to guess about whether if the dips might go lower or not.

But hey, guys can do whatever they like, even if it seems to be based on faulty logic and too much attempts to guess the BTC price in ways that is likely to be shown to not be very realistic.

[edited out]

When the Bitcoin market fell to $15K in 2022, many people missed this investment opportunity and even now they are thinking that they could not buy Bitcoin even after such a low price. Of course they are regretting it at this time. We can consider the current level of Bitcoin price as the highest price, but after a few years we may regret thinking about how low the Bitcoin price was and why we did not invest because after a few more years the Bitcoin price may increase further. So I think we should not do anything that we may regret in the future. We should start investing now, the longer we delay investing, the more we will fall behind the possibility of something good.

We are not talking about starting investing into bicoin now, but instead merely continuing to invest in bitcoin, even during the price dips, no?

There are likely guys that buy bitcoin every week, so they don't have any extra money to buy extra or money that they had been holding back for buying dips, they just buy when their pay comes in or maybe they buy their BTC on the day of the week that they had authorized and/or scheduled their BTC buys to take place.

[laijsica]

I doubt that long term holders pray that the dip last much longer.  You are out of touch with reality.

Persons who are new to investing into bitcoin will pray for the dip to continue, but people who have already accumulated a lot of bitcoin will not pray for the dip to last much longer.

Sometimes the dip is good for the longer term investor, but some might run out of money and others might get scared by the dip, which as you suggest is not necessarily the better approach to accumulating bitcoin.

Anyhow, we cannot necessarily judge what another person should do, especially if they have already been accumulating for a while.. They might  be in a different stage of their investment as compared with the stage that you perceive yourself to be in right now.

For new or long term investors the Bitcoin price decline period is a great opportunity but in the long term it creates fear in investing. In my experience, many traders have sold their holdings at a loss (shitcoin) due to fear. In the case of Bitcoin investments I have not seen any investors who are selling at a loss or planning to go short. Although many of us who take the opportunity to sell are short term stupid traders.

The market is not at the same level as the volatile market that is currently going down it seems like the market is at the same level as a real capital market. For investors who have been doing long term DCA, the long term falling market can have a positive effect on the decrease in UP due to continuous buying or even with aggressive DCA holdings.

They may pray that this situation continues for a longer time but that may be through a process of patience of a few weeks but if it is a few months then it can create fear in investing. I am immersed in the potential of Bitcoin and regularly DCA, thinking that soon the value of this asset will exceed $150k - $200k.

[Baridomale]

For those who have been anticipating this moment, perhaps now is the right time, but the question is, what are your plans, are you ready to ready to hold for a long term, because some folks just want to buy and sell immediately they see a little bit of profit they just rush and sell prematurely thereby wasting their chance of growing their investment due to short term gains, the idea isn't about buying in the dip alone, but to also hold for a longer period of time, which is a sure way to a good profit.

Just apply this to yourself without worrying about people who don't listen to other people's ideas and often dismiss them as negative when someone offers a brilliant idea like this. I will always use the best method of buying and holding for the long term, without bothering myself with people who like to trade short-term because we don't live in one day. So just take advantage of every opportunity and continue to use safe methods so you can consistently buy for long-term investment purposes, especially now that Bitcoin is still around $95,000, which is generally a very reasonable price for all investors.

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.
$95k is a  good opportunity to buy and hold for long term as the price will surely increase in the future and any investor that leverage this opportunity and accumulate more Bitcoin and hold for long term will definitely smile in the near future.

Personally I’ve always advocated for everyone to treat bitcoin for what it is, bitcoin is a long term investment and at such anyone who’s venturing into it should invest with a long term mindset or goal. It’s a condemnable act to invest in bitcoin for only short term gains. Whoever buys and sell bitcoin immediately for short term profit is not an investor, but a trader and such approach is wrong for bitcoin investors and those people deserve to be blamed for their actions because right now it’s as if they are making profit, but deep down they are losing money by buying and selling immediately for a quick profit in the sense that if they should buy bitcoin now and sell immediately they noticed a little increase in price, what if they want to buy bitcoin again after selling the one they acquired for quick gains, that means they might probably buy at an even more higher prices than it was when they sold considering the volatile nature of bitcoin. Or they will wait again until the price  is low (dip) before accumulating bitcoin and such buying pattern is a wrong strategy for a long term bitcoin investor as it has the tendency of misleading newbies into waiting for the dip before they accumulate bitcoin, and they might be waiting for the dip which may not occur and they will probably miss out on several buying opportunities. They might end up not continuing with their bitcoin investments and abandoning it totally.

To be able to achieve a significant level of success in our bitcoin investment, It’s advisable we approach bitcoin with a long term mindset of consistently accumulating bitcoin and hold for the long term goal using the DCA method. With just our discretionary income we can be buying bitcoin regularly either on a weekly or monthly basis depending on how our income flows and gradually build up our portfolio to such a level that we can be able to meet our accumulation target or perhaps grow into an over accumulation status where by even if we decide to take out our profit in the future using the sustainable withdrawal method it won’t affect our bitcoin holdings and we can go on and on with our investment for the long term and can even possibly be passed on to generations.

You Saying “you cannot blame anybody that buys and sells immediately as long as they profit” sounds reasonable on the surface, but it misunderstands how Bitcoin actually works and why most people fail at short-term trading.

Short-term profit doesn’t automatically mean good strategy , sometimes it only means good luck.

Bitcoin rewards conviction, not reaction
The investor who buys and sells immediately isn’t “flexible”…
he’s simply exposing himself to emotional decisions, timing errors, tax friction, missed long-term upside
And most importantly:
he is competing against algorithms and professionals who trade full-time.

Just like having a child and rewarding that child for every small errand he or she is being sent, what do you think would happen on days when there are no rewards? Initially the little reward system looks right but you ain't training that child up for real life situation. The child would not only lack consistency and discipline. That child won't do well in a competitive world, especially when there are no immediate rewards and competitors compete for long term benefits.
That’s a losing battlefield for the average person.

  Selling on small pumps destroys long-term gains

A trader who sells at +5% because it “feels safe” usually ends up chasing the market sells at 95k, waits for a dip that never comes, buys back at 102k, repeats the cycle, ends up holding fewer sats each time

This is why many short-term traders accumulate less Bitcoin even after years of “profitable trades”.

I also feel that at times,Trading breeds bad habits

The problem isn’t that people trade ,it's that trading encourages,overconfidence, chasing tops
,panic during dumps and selling winners too early

These habits sabotage long-term investors, especially beginners.

But then we have the DCA.
DCA isolates you from your own emotions

Let's be clear on something: the point of long-term accumulation isn’t to deny people profits, it’s to create a system that removes emotional decisions and ensures consistent growth and also avoids timing mistakes while it also gives you exposure to Bitcoin’s long-term trajectory

That is something short-term buying-and-selling simply cannot match.


Short-term buying and selling may occasionally produce a quick win,
but long-term, it erodes your position.

I think Bitcoin is built for accumulation, not noise chasing.

[goldkingcoiner]

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.

Yes. People can do whatever they want, even dumb shit...

Also, we are not talking about trading here.  Anyone who is buying/selling immediately is trading and not investing.

It's investing if you take profits in Bitcoin. If your trades go sour, you will be still have Bitcoin, just less of it.

[martinex]

Let's be clear on something: the point of long-term accumulation isn’t to deny people profits, it’s to create a system that removes emotional decisions and ensures consistent growth and also avoids timing mistakes while it also gives you exposure to Bitcoin’s long-term trajectory

That is something short-term buying-and-selling simply cannot match.


Short-term buying and selling may occasionally produce a quick win,
but long-term, it erodes your position.

I think Bitcoin is built for accumulation, not noise chasing.

good writing, after I read it carefully. It's good that with the ranking you have now, you've gained insight into the market. It's designed for accumulation, so why waste time staring at a screen watching prices fluctuate? What you shouldn't approach is futures trading, whether long or short.

Currently, it's longer eroding, but rather zeroing out all our assets. Never trust those damn signals that make us lose consciousness, and the market doesn't look good right now, entering a stage of fear. The way out is to buy little by little, without having to watch the current market chaos, especially futures trading, being wiped out.

[Publictalk792]

I doubt that long term holders pray that the dip last much longer.  You are out of touch with reality.

Persons who are new to investing into bitcoin will pray for the dip to continue, but people who have already accumulated a lot of bitcoin will not pray for the dip to last much longer.

Sometimes the dip is good for the longer term investor, but some might run out of money and others might get scared by the dip, which as you suggest is not necessarily the better approach to accumulating bitcoin.

Anyhow, we cannot necessarily judge what another person should do, especially if they have already been accumulating for a while.. They might  be in a different stage of their investment as compared with the stage that you perceive yourself to be in right now.

Yes how long term Bitcoin investors feel about price drop is not same with each person, as newer investors, still building up their Bitcoin, would like dip to go on so that they can buy more with same amount of money, whereas established holders, who already have much of Bitcoin, would not want dip to last because they would like their current wealth to increase in value. Long dip is not always good since there are people who may have no money to invest or they may become scared and sell and this proves that buy dip strategy is not always right for everyone. Since each investor is at different point and has different goals, it is incorrect to judge how another individual can handle with dip.

[Tamaperdana]

It is true that investing in Bitcoin is not just about financial success but also about building a financial foundation for the future, it will bring you financial freedom in the future, so it is wise to keep it as long as possible. It is certainly not wrong that you can enjoy some profit partially when you reach your goal, if your financial situation is not too bad and if you have the ability to hold on for a longer period of time, then you should definitely do just thinking about the future.

The purpose of investing in Bitcoin certainly varies, but the core of all of them is the same to achieve greater financial peace of mind in the future. As we know, Bitcoin is a continuously growing asset that will undoubtedly increase our money's value and protect it from inflation. So, let's consider this if our money grows and isn't eroded by inflation, we'll undoubtedly gain freedom that will foster fundamental peace of mind. So, the bottom line is, it doesn't matter what our goal is for investing in Bitcoin as long as our goal is good, I believe the results will be good.

As for enjoying the results, I believe that if we've met our investment and holding targets, there's no harm in enjoying a little of the results. But right now, we don't need to think about enjoying the results, because we still have a long way to go in investing in Bitcoin. So, for now, it's better to improve our knowledge and value so we can earn more money and invest discretionary funds in Bitcoin. I think that's my goal for now.

[Wind_FURY]

Are we actually being given another Golden Opportunity to purchase Bitcoin BELOW $90,000?

     👀

My fellow plebs, if Bitcoin is truly starting to enter a bearish cycle, then it might be the right time to start following the price and the 200-Weekly SMA Line.

You already know what to do once the price touches that line.

[Futurexxx]

Are we actually being given another Golden Opportunity to purchase Bitcoin BELOW $90,000?

     👀

My fellow plebs, if Bitcoin is truly starting to enter a bearish cycle, then it might be the right time to start following the price and the 200-Weekly SMA Line.

You already know what to do once the price touches that line.

So if it doesn't touches the line , what will be the next line of action?
Sir just buy because this price that it is now is too cheap and it's the dip we have been praying for, so why wait further?
I know that you may argue that you have you own way of doing things, which is true, but consider how cheap Bitcoin is now and how much it might get up to in the future, so why not seize the opportunity now that it's way pretty cheap?

Buying without paying attention to it price is what we should be doing now, and if it later drop further, we may choose to buy and accumulate aggressively then if we have a reserve funds in place to carry it out, but as for now, just buy and hold sir, in the future, you will be happy with yourself that you wasted no time in buying when the opportunity was still available.

[barisbilgili]

Are we actually being given another Golden Opportunity to purchase Bitcoin BELOW $90,000?

     👀

My fellow plebs, if Bitcoin is truly starting to enter a bearish cycle, then it might be the right time to start following the price and the 200-Weekly SMA Line.

You already know what to do once the price touches that line.

A price of $90,000 is very possible and I am now preparing for that to be able to accumulate more Bitcoins.
This is a great opportunity, I can't remember the last time Bitcoin prices corrected this deeply, and regardless of how long this bearish cycle lasts, taking advantage of conditions like this will certainly be very profitable in the future.

[ginsan]

How would you no when there would be drastical dip?, are you scared your investment will not be the same if it was that drastical?. So are you telling us that when you have Bitcoin before this fall started we should just keep those ones there and stop buying Bitcoin because of the way the market is doing?, how do you get this psychology on Bitcoin investment when many are happy they can buy now, if you are practicing this then that means you have not been investing all this while, you have become a procrastinator and there is no too much different from this and people who sell shot because of fear.

The logic is not that bad, someone may feel hesitant to continue his BTC purchase, and there is nothing wrong with delaying for a while so that he is sure to resume it, it is human nature, there is fear and doubt, it cannot be completely eliminated because he is human, someone stopping DCA does not mean he will stop forever, he will also convince himself again and feel the time is right then resume his purchase, after all at this time it is at the end of the cycle, it is natural to think that way, you should not force your opinion to discredit people with such views.

The most important thing is not to sell BTC that you already have because of market uncertainty and not knowing which way BTC will move in the near future, if there is another decline then DCA can be continued calmly at the BC support price and if it goes up, of course you still have BTC in your wallet.

Some guys stop buying on dips, even though they are still in their accumulation stage and that is problematic.

Some guys who are new to bitcoin stop accumulating BTC because they are pondering over dips that may or may not come, which is not a good idea.

You can do what you like, but many times a guy needs to continue to accumulate bitcoin.

Sure based on your forum registration date, you may well could have had been accumulating BTC since 2016, so you may well could have put yourself into a position in which trying to time your accumulation might be better than straight out buying at any price, yet you also could be making mistakes by choosing not to buy at this time.  The answer is not necessarily obvious and sometimes guys would have had been better off to just keep buying rather than trying to strategize their bitcoin buys.. but if you have been buying bitcoin for around 9.5 years, then your situation might be different from normal folks in their BTC accumulation stage.

It's just a psychological scenario and we certainly learn from experience in recent years, we certainly understand the theory of this cycle is widespread and becomes a guideline for investors who are looking for a time to enter, I think a break of one week or one month maximum is not a problem, I know that people like that are not easy to get rid of their doubts and fears, yes if it's you and I certainly know what to do, even there is a storm for us is not a problem, as long as we can afford to buy, we will continue to do it.

Of course it is not one day or two days here, and every mistake is bound to have, but looking for wrong and right is not absolute, depending on the perspective, but I believe that indeed for people like us to continue DCA is very familiar with the market situation, able to control fear and doubt, psychologically formed, but for them not necessarily able, what I fear is that if they force themselves, and then it happens again like October 10, their panic is much worse, and discrediting those who have doubts or fear, is also not a good thing, a gradual approach is the best way.

[sotelorene]

Are we actually being given another Golden Opportunity to purchase Bitcoin BELOW $90,000?

     👀

My fellow plebs, if Bitcoin is truly starting to enter a bearish cycle, then it might be the right time to start following the price and the 200-Weekly SMA Line.

You already know what to do once the price touches that line.

A price of $90,000 is very possible and I am now preparing for that to be able to accumulate more Bitcoins.
This is a great opportunity, I can't remember the last time Bitcoin prices corrected this deeply, and regardless of how long this bearish cycle lasts, taking advantage of conditions like this will certainly be very profitable in the future.

Are you for real? The price of Bitcoin has dip to this point and yet you are still waiting $90k before you  will start accumulating Bitcoin so what if the price didn't get to $90k it means you won't accumulate? Some people are very funny and this is the reason we should not wait for the Dip because it may not dip to the point we want but I think this point Bitcoin is now is a very perfect point that anyone who is interested in Bitcoin investment will take advantage of it and double up their investment, I'm excited at this dip because I will utilize the opportunity.

[JayJuanGee]

You cannot blame anybody that want to buy and sell immidiately provided they make some profit because everyone have his or her investment plan which may differ from others and as such the investment plan that's favourable to you may not be that favourable to others.

Yes. People can do whatever they want, even dumb shit...

Also, we are not talking about trading here.  Anyone who is buying/selling immediately is trading and not investing.

It's investing if you take profits in Bitcoin. If your trades go sour, you will be still have Bitcoin, just less of it.

You might be correct that there might be ways to frame trades so that they are investments into bitcoin, yet I think that I mostly am sticking with my idea that any time period of less than 4 years is trading, and also with likely few exceptions, that there are no real good reasons to get out of bitcoin as an investor in less than 10 years unless it is for health and/or age considerations...

Of course, people can do what they like, yet I am trying to create managable frameworks to help to consider some guidelines.. and of course, deviation from guidelines is self imposed and should be done based on some having had figured out the various trade offs.. and of course, some guys do not figure out anything, they just work from "gut feelings," which likely will get them into trouble if they might find some shitcoin logic persuasive based on "it feels like it is a good idea."   

Sometimes it is good to think about and discuss systems of general applicability, and for sure guys have authority within their own space to take or leave certain parts of the systems of general applicability and the presumptions that go with such general ideas.. since for sure from time to time and in various regards, the specifics of the individual will vary from the generally applicable circumstances... Let's say that most guys start out and they have to figure out their income and figure out how much discretionary income that they have, and maybe they have $100 to $300 per week of discretionary income, and then there might be some other guys who have something like $1k to $3k to start out their investment, and those situations of having some lump sum amount is not very common, but it does happen, especially for guys who might have had already been practicing trying to invest in other things and/or to save and/or to organize their cashflow situation so that they always have a cash cushion.  Many normal people will just wing it.. or have a general idea, without really tracing specifics.. so even when we talk about those general ideas, the specifics that a guy faces will have to be taken into account and for him to plug his specifics into the situation including considering how much experience he might already have in organizing his finances and investing in other assets prior to his developing an interest in investing into bitcoin.