Buy the DIP, and HODL!

[Bigjoe33]

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?

So you have been praying for a Dip as an investor? I just wonder how it sounds because I can't possibly be praying for a Dip because as an investor, I would be praying always for an increase price always and an ATH steady, not for a fall, because the plan is to always buy at any price, though one can still buy more if the price is down.

Every business man would want an increase in price for more benefits always and not a fall for price. So I wonder how it feels for you to be praying for the dip, even though one might get advantaged buying more Bitcoins, but he will always pray for ups period since the down period seems like a drop of price.  For me, it's a consistent DCA buys at any price while I keep remaining positive for the price, because for Bitcoin, anything can happen, I mean the price can increase at anytime.

[martinex]

So you have been praying for a Dip as an investor? I just wonder how it sounds because I can't possibly be praying for a Dip because as an investor, I would be praying always for an increase price always and an ATH steady, not for a fall, because the plan is to always buy at any price, though one can still buy more if the price is down.

Every business man would want an increase in price for more benefits always and not a fall for price. So I wonder how it feels for you to be praying for the dip, even though one might get advantaged buying more Bitcoins, but he will always pray for ups period since the down period seems like a drop of price.  For me, it's a consistent DCA buys at any price while I keep remaining positive for the price, because for Bitcoin, anything can happen, I mean the price can increase at anytime.

This is not just a price reduction issue, but rather a market sentiment shift. Perhaps what Wind_FURY said is not wrong and could happen at any time. I don't think anyone here would disagree with praying for BTC to continue its price drop, especially if the market continues its short-term drama. The atmosphere can be tedious, especially for the trading team, but not for those who consistently accumulate their BTC holdings through DCA and DCA savers are not losers because here we don't need to be Harvard graduates if we do it.

[Promocodeudo]

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.

Man even though Bitcoin dips to $1 people will still have something to say and give excuses why they will wait for it to reach some cents before they can buy or reasons why there won't be need for them to buy any longer, some people keep saying I will want to buy the dip or when the price is less than $100k, when it reach that price, the same people will say, no it has to slide further so that we can buy very cheap, silly and disturbing excuses, and why am worried about this excuses sometimes is because it sometimes comes from those we feel that has been into the system for a long time, i don't know why is difficult for people to understand that there's nothing like certain dip direction.
As Bitcoiners that's in for long-term, I think we have no business in checking the price of Bitcoin but if it happens that price dips at anytime then I think it is a very good opportunity for us to buy without trying continue procrastinating, I don't know how many times we keep saying this for people to understand.

[Olatundespo]

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.

Brother please don't blame him. We humans can't keep demand within a fixed limit. The guy who is still waiting for $90k if the price of Bitcoin goes to that level then he will say he will buy when it reaches $80k. This is how you can never achieve satisfaction in investing. And many investors miss all the great opportunities and events due to increased demand. It is not only in investing but our demand is unlimited and not tied to a level and keeps changing constantly.

When the price of Bitcoin crossed $126k many investors bought and the guy who said he would buy when the price was $90k expected to buy more Bitcoin when it was $120k. I think the price is not a barrier to buying Bitcoin your mental preparation and having discretionary funds are important because there are many investors who are satisfied with their income flow but do not show judgement with their funds and later regret it.

[ultrloa]

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?

So you have been praying for a Dip as an investor? I just wonder how it sounds because I can't possibly be praying for a Dip because as an investor, I would be praying always for an increase price always and an ATH steady, not for a fall, because the plan is to always buy at any price, though one can still buy more if the price is down.

Every business man would want an increase in price for more benefits always and not a fall for price. So I wonder how it feels for you to be praying for the dip, even though one might get advantaged buying more Bitcoins, but he will always pray for ups period since the down period seems like a drop of price.  For me, it's a consistent DCA buys at any price while I keep remaining positive for the price, because for Bitcoin, anything can happen, I mean the price can increase at anytime.

Maybe he have this thoughts that he can buy more volume if Bitcoin dumps more, but I think its not good idea to wait for that situation since anytime situation might change and they might get left behind again.

So better to buy now since those dips they are looking for is already happening.

If they give that reasoning that they should wait for more I guess they are just fooling around and provably they won't buy because they still have that doubts in their minds.

[Tungbulu]

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."   

The problem with most folks is that they mostly want certainty without a framework, gut feeling without discipline and intuition without data. I’ve been following your approaches for as long as I can remember now and if there’s one thing I know about these approaches it is that, though it may not really appear to be what many might consider to be the best, but at least it pushes those who apply it to define why they hold, how long they actually plan to hold and what factors and conditions justify deviation. And this alone is enough to separate investors from emotional participants.

And concerning the 4 year rule, here’s my one cent opinion on that, I honestly don’t think is arbitrary, the duration lines up with Bitcoin’s cycle, market psychology and miner economics too, so anything that goes below the duration of the 4 year rule is indeed trading, because what you’re doing isn’t investing but solely relying on their shorter term market inefficiencies, rather than Bitcoin’s fundamental monetization process.

[NewRevelation]

[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.

Some might get scared of the dip as you pointed out JJG, that's my area of interest here. Even though some long term investors may somehow appreciate the Dip, and buy aggressively to increase there stash size, bit I think such excitement in feeling for the Dip might only last for sometime, and gradually fade away as they might run out of cash to keep buying the Dip as the price keeps deeping, and secondly, they might also get afraid because no business man will be happy watching his investment go down in value everyday. So ordinarily, some wouldn't even pray for such Dips at all. Some too, might not even have extra cash to buy the Dip, so dip periods might become a waste and/or had period for them since they can not buy more Bitcoin to increase there assets and at the same time, they see the one they have been able to accumulate fall on price always.

It's a time to buyotw bitcoin, no doubt, that if you have extra cash, bit is you don't, you just have to keep up with the consistent DCA buying strategy and remain hopeful that Bitcoin will bounce back in the future since it has proven itself over the years.

[BTC-blaad]

[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.

Some might get scared of the dip as you pointed out JJG, that's my area of interest here. Even though some long term investors may somehow appreciate the Dip, and buy aggressively to increase there stash size, bit I think such excitement in feeling for the Dip might only last for sometime, and gradually fade away as they might run out of cash to keep buying the Dip as the price keeps deeping, and secondly, they might also get afraid because no business man will be happy watching his investment go down in value everyday. So ordinarily, some wouldn't even pray for such Dips at all. Some too, might not even have extra cash to buy the Dip, so dip periods might become a waste and/or had period for them since they can not buy more Bitcoin to increase there assets and at the same time, they see the one they have been able to accumulate fall on price always.

It's a time to buyotw bitcoin, no doubt, that if you have extra cash, bit is you don't, you just have to keep up with the consistent DCA buying strategy and remain hopeful that Bitcoin will bounce back in the future since it has proven itself over the years.

You hit the nail on the head dips are a love hate thing. On one hand they’re a chance to scoop up more sats at a discount on the other, they can feel like a punch to the gut, especially when you’re watching your stack shrink day by day. If you’re already on a steady DCA plan, the dip becomes less of a panic button and more of a nice and extra buying opportunity when the cash is there. The real kicker is having that discretionary buffer so you don’t have to sell or go into debt just to keep the habit alive.

[Umulala-alala]

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.

Why preparing for more dip when you can possibly be buying now you will still postpone it even when the price gets to $90k or the price start going up thats the end of it you won't buy and still be waiting for dip again. This is one of the biggest opportunity for us to stack enough BTC it's good we take advantage this DIP and HODL.

[ruykeri]

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?

Actually, I should have mentioned something more realistic about sustainable withdrawals. I originally learned about sustainable withdrawals from your Withdrawal Strategy . What I mean by this is that after reaching the overaccumulation stage, you should sell some Bitcoin on a regular basis, where the amount of Bitcoin sold does not exceed the long-term price growth rate. That calculation will be based on the 200-week moving average. The goal here is to use your Bitcoin holdings in a way that helps cover living expenses, but does not destroy the stack.

[Sonia_123]

[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.

Some might get scared of the dip as you pointed out JJG, that's my area of interest here. Even though some long term investors may somehow appreciate the Dip, and buy aggressively to increase there stash size, bit I think such excitement in feeling for the Dip might only last for sometime, and gradually fade away as they might run out of cash to keep buying the Dip as the price keeps deeping, and secondly, they might also get afraid because no business man will be happy watching his investment go down in value everyday. So ordinarily, some wouldn't even pray for such Dips at all. Some too, might not even have extra cash to buy the Dip, so dip periods might become a waste and/or had period for them since they can not buy more Bitcoin to increase there assets and at the same time, they see the one they have been able to accumulate fall on price always.

That is why it is good and better if you understand bitcoin investment properly before investing in it, that it is mainly for a long-term holders and not a short-term holders because the journey will not be smooth at all there will be price ups and downs, and the ability for you to hold unto your accumulated bitcoin without selling part or off, then buys more to it and hold for a long-term of 4-10 years and above as it dips or whenever the funds is available for you to do so is what makes you an investor in bitcoin if not you remains trader.

There is no investment that does not have its own challenge, and that is why you are advised to invest with what you can afford to lose not what.you cannot afford to lose.

Bitcoin price dip does not affect a long-term investor it only gives you the opportunity to invest more, and if your set aside funds to buy the dip is exhausted no problem, just continue with whatever you have at anytime because he knows that the price will definitely bounce back and even more above his buying price no matter how long it dips, and that is why this topic being discussed here, says " Buy the Dip and HODL!, it is a continuous process of buying and hodl not buying and selling or panicking .
Long-term hodl remains the best without fear but more profits.

[Son Of Blockchain (SOB)]

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.

Why preparing for more dip when you can possibly be buying now you will still postpone it even when the price gets to $90k or the price start going up thats the end of it you won't buy and still be waiting for dip again. This is one of the biggest opportunity for us to stack enough BTC it's good we take advantage this DIP and HODL.

We're already in a dip period so there nothing to prepare for except maybe he meant his discretionary fund is not intact for now to buy it, funny enough those who claim they'll prefer to buy the dip won't seize this opportunity cause they feel it would keep going down yeah there's a possibility of it going down but since Bitcoin is unpredictable it would be fair enough to buy now and still buy when it dips more.
 I won't be suprised seeing Bitcoin at 90k or below that, it's possible but thsts not my business since I should be more focused on taking advantage of the dip instead of speculating what the price would be, while people are speculating whales are buying everyday this period while speculators keeping guessing until Bitcoin finish it's correction phase and set towards new ATH.

[Solokan]

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.

Yes, it would be better to focus on ourselves and let others trade or invest in the long term because the most important thing is that we must be able to hold on to BTC for the long term if we already have it.

Indeed, the key is to take advantage of the current situation. Coincidentally, BTC prices are currently declining, and the current price is essentially a discount—it would be a shame not to capitalize on this by purchasing it. Of course, if we buy at the current price and hold it for the long term, it will certainly give us the potential to profit in the future. However, everyone certainly has different approaches, whether they want to trade or invest for the long term. But what is certain is that long-term investment, in my experience, is not difficult because we just buy and hold it, unlike trading, which requires constant monitoring of the market.

[Marvelockg]

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.

well, from the point we currently stand, there is nothing impossible to experience especially a $5k difference which can take less than no time to get to. it is not the best that we are seeing the possibility of bitcoin going down further than we currently have it but then, the best way to prepare for the up is to effectively utilize every buying opportunity we have and buying at this point in anticipation of a bull is what we place us at the best spot ever.
 

[Father111]

This question has being on my mind long time ago, but I want to use this opportunity to ask this question since what we are discussing in this thread is hold and buy, some who is holding Bitcoin for long-term and notice now that the price of Bitcoin is falling every day, what will be your advice to the person,
Will you advice the person to continue to hold or you will advice the person to continue to buy since the price is on dip, the reason why I'm asking this, is that everytime Bitcoin price decreases new investors panic and sell their bitcoins, why they bought the Bitcoin at higher rate, I want know if it's wise to sell your bitcoin or its wrong to sell during dip.

Every investor is a potential gambler reason been that irrespective of the strategy or caution put in place to avoid losses is not enough because there are other unseen factors that may affect the value of assets to be devalued and making you loss capital invested initially hence, Buy the Dip and Hold as an investment strategy encourages one to keep buying when the prices of crypto goes down and hold it as long as possible, the expecting the price to eventually hit an all time high the you can sell to make ur profit.
This can be likened to some common commodity like palm oil that is usually surplus during the dry season, so many investors buy and Hold then resell during scarcity and make their cool profits.

[Jostern]

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.

You’re absolutely right from what you have said, I believe there are situations where some investors wouldn’t want to see a dip, considering the fact that they have been accumulating bitcoin for a very long term and they don’t want to have a scenario where there investment seems to be in a downturn because most holders will likely want to see Bitcoin keep growing so they can continue to have more profit in their bitcoin portfolio, and I don’t see a chance where they will want a dip to last longer instead they will be more interested in bitcoin growing more and more for there own benefit.

There are new investors as well, who might not have that so grate financial enablement more likely having more discretionary income in their own disposal to buy bitcoin, and people who are just getting started, some of them might have different perspectives about the dip, while some might also have different opinions, because some might feel that when there is a dip it gives them more leverage to buy more at a cheaper price, while some might also feel they have been lackadaisical because they have already bought bitcoin and they don’t have money to keep buying when there is a dip to stay on track, and some might as well panic because they are new.

I think everyone is entitled to what they feel makes sense to them, and they can buy bitcoin more no matter what the price of bitcoin would be.

But personally I would rather want to see Bitcoin grow more, instead of anticipating for an unprecedented dip while there are other techniques to keep buying and accumulating bitcoin like buying through DCA and lump sum, and when the price grows high I have more tendency of having more profit than thinking about a dip.

[Cgrexp]

This is not just a price reduction issue, but rather a market sentiment shift. Perhaps what Wind_FURY said is not wrong and could happen at any time. I don't think anyone here would disagree with praying for BTC to continue its price drop, especially if the market continues its short-term drama. The atmosphere can be tedious, especially for the trading team, but not for those who consistently accumulate their BTC holdings through DCA and DCA savers are not losers because here we don't need to be Harvard graduates if we do it.

If a person wants to invest in Bitcoin on a regular basis, it requires long-term financial discipline and patience. Implementing such an investment plan is not easy. For example, if someone wants to invest 25% of their income, this indicates an investment of about one year's income in four years. It may take up to two to three halving cycles to accumulate enough Bitcoin in such a savings plan. Everything depends on how much the market price fluctuates after the investment, i.e. on the performance of Bitcoin. Therefore, if someone wants to ensure success in investment, then in addition to continuous investment, the intelligence to understand the market situation is also important.

[Finebone]

For example, if someone wants to invest 25% of their income, this indicates an investment of about one year's income in four years.

It's not even the right thing to invest 25% of your net income, that's a dangerous and a risky move that looks like gambling because you are only advice to invest from your discretionary income, money left after all your basic expenses have been sorted out, not from your net income.

, then in addition to continuous investment, the intelligence to understand the market situation is also important.

Understanding market situation are mostly for traders, not investors that are only thinking of holding unto their Bitcoin for long, because holding for long is the only reliable way to make a fortune from your bitcoin investment, not by messing around analyzing the market just to sell prematurely.

[MusaPk]

Stacking sats no matter if Bitcoin’s at $126k or $94k. When the price slides, those who wait for the dip folks get all jittery, but you’re already averaging out the highs and lows, so the volatility becomes just background noise.
And the market will keep throwing curveballs and the only thing that really matters is staying consistent with your plan and I am happy to hear how you keep the discipline.

Those who have bought Bitcoin around 120,000$ must have strong desire that price to remain around 95,000$ for longer duration because this  will help them in averaging their buys at high price. It's important to understand that price go up and down with time, you can't buy at a particular  price and sell at higher price later. Once you are in Bitcoin, you will see both ups and downs in price and you have to create a strategy to figure out how to get profit with volatile Bitcoin price.  

[SPIDERMAN008]

Yes, it would be better to focus on ourselves and let others trade or invest in the long term because the most important thing is that we must be able to hold on to BTC for the long term if we already have it.

Indeed, the key is to take advantage of the current situation. Coincidentally, BTC prices are currently declining, and the current price is essentially a discount—it would be a shame not to capitalize on this by purchasing it. Of course, if we buy at the current price and hold it for the long term, it will certainly give us the potential to profit in the future. However, everyone certainly has different approaches, whether they want to trade or invest for the long term. But what is certain is that long-term investment, in my experience, is not difficult because we just buy and hold it, unlike trading, which requires constant monitoring of the market.

It is true that everyone needs to focus on their own financial structure. However, it is not right to think that buying opportunities are available just because the price has dropped. How much Bitcoin a person will buy just because the price has dropped will depend on their cash flow. If the price is low, a little more can be invested with discretionary income. But I do not think buying Bitcoin with all the money will be the right decision. Because now the price seems a little low. If there is a further dip in the future, that opportunity will be lost. You called long-term investing easy but in reality it is not easy for most people. Although buy-and-hold sounds easy, you need to have the mental strength and discipline to hold for 4 to 10 years. If there is no cash flow, long-term holding becomes very difficult. You may be forced to sell Bitcoin in the middle. To continue investing for the long term, you need to focus on regular accumulation, backup funds, and realistic aggressiveness.