I feel like there is no way to keep up

[joniboini]

Just forget about the price and set a target for yourself (like owning 1 BTC as you mentioned). Do DCA and stick to it. Ignore the noise and price for a while, use the money you can afford to lose. Consider it a high-risk investment where you can only reap the benefits 10 years later. This way, you don't need to be anxious every day. If you're not comfortable with it, then maybe it's not your cup of tea. Choose something that suits your risk profile, don't force yourself.

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[Kakmakr]

You have to calm down, you are doing what most people are doing when they are too focused on the profits. You are obsessed with the "Big payday" and that might never happen. You can even set yourself up for massive failure, if the outcome of this experiment is the opposite of what you hoping it might be. (total collapse)

Bitcoin profits should not be the ONLY goal for you, if you spend half of your time doing research on the technology and using that "knowledge" to teach other, then your "profit" will come with mass adoption. (Go out, help other people that wants to adopt Bitcoin, to do it.. do not force it onto other people... because that leads to failure too) 

[Pmalek]

I only started like late last year. I heard of bitcoin years prior but I didn't know it went up over time so I just thought "crypto currency" was internet money. Like, the dollar, it doens't really go up or down that much. (ik it kinda actually does but u get the point)

I feel so agro that I didn't get in way sooner. god...

That's an unhealthy attitude you have there. Beating yourself up for not getting involved earlier and taking huge risks expecting another coin like bitcoin will come along and take its place. Among those thousands of coins, you won't find bitcoin's successor. Just invest little by little and don't gamble too much. And don't put your financial stability in danger by putting money into the market that you need for more important things. 

[buwaytress]

There is no way to keep up, which is why you shouldn't play that game. Because you will lose, it's an eventuality, not a mere possibility. Live your life normally, don't gamble with all ins, don't try to be smart and time the dip (at least, not risking everything as you said you did).

Long term, "mistakes" and you don't need to worry about getting in at the "best price" and all your misses even out with the hits, and any price you bought in becomes inconsequential because you always bought in.

But timing the dips and then going into alts and trying to stay ahead of that game? You know there's no way to keep up. Why even try?

[yazher]

It's totally normal that you have problems on keeping up with this market. Because it's volatile in the end. We can observe any kind of movements anytime. We just make our investments and try to follow the market closely. Experienced traders know what to do better than the others of course. But even them can have big problems when the market changes very quickly.

The author might be confused because the current situation of the market is not feastful for him and it's get getting bad especially if you had already put your money in and you are completely ignorant about the volatility of the crypto market. Sometimes it's distressful when you see it losing value every day and all the scenery is red but if you focus and ponder on its history, your heart will feel at ease because it's completely normal and all you need to do is wait and be patient.

[so98nn]

Feeling and Technically doing it has it's own difference mate. Technically you can earn as much money as you could from the crypto currency. With your feelings you can not earn a dime and neither you should be focusing on emotional way of earning money. Crypto as of now has given me a lot and it's personal experience that winning and loosing in the crypto is based on versatile factors whether its real news, fake news, random billionaire making a tweet or whole government banning the crypto or legalising it. There are endless factors, so it's always best scenario to keep your mind focused on more technical factors rather than feelings!

Bitcoin, as such proven asset and over the decades the market had been bullish only and will be the same considering enormous developments around the world. Moreover there is need for such asset and adoption.  

[mrongoz22]

actually there is no way to follow it, but you are not sure, and have no confidence at all, and for sure you are very afraid of risk, actually whatever we do, and whatever business we want to develop, surely that risk will happen. wait for us, if you are sure of what you want to invest, be brave and invest some of your money, because success will never come without sacrifice..

[Kontibruno]

With bitcoin going up in price. To eventually own just 1 bitcoin. I've been buying periodically over time... I'm no where close.

For me, this is the best approach. There is no need to invest all you own at once in a bid to increase the quantity. What I do is to add a little more whenever there is a dip. I don't have heavy funds to invest heavily, so I try to use strict risk management guidelines.

[CoolerSid]

That's the thing: you don't need to own a full Bitcoin. That's just a dream so many people have but it's pretty unrealistic. Remember, you can own even 1 satoshi. Nobody forces you to own a full BTC to be considered a Bitcoin investor.

Yeah, the price goes up almost constantly every few years. That doesn't make it a "problem" to begin with - in fact, there's a very good side to it if every time you buy the price goes up, lol!

You also did not notice at what point in time it became prestigious to own exactly 1 BTC?

[cotton ball]

actually not impossible, but you are too afraid of risk, you are too long-winded, it is true before we go any further it would be nice to think first, but don't think too long, other people have taken advantage but we are still afraid of the risks that come , the point is that other people can, why can't we, that's the principle that we must hold on to, continue to believe, and believe we can.

[The Cryptovator]

Are you losing faith in Bitcoin? Otherwise, why are you wondering to move into altcoin? Just be very careful. The same mistake is done by me a couple of years ago and my altcoin hasn't recovered yet even Bitcoin played well. If I just hold my Bitcoin rather than move into altcoin then I would be a millionaire today. My one mistake destroyed my dreams. Till today my holding (altcoin) has not recovered. Even I can't move from it because it's just worthless if I sell now. I am not your financial advisor, but as a forum mate, I will suggest sticking with Bitcoin. But yes, if you are well experienced then you may take short sometimes. A wrong selection would destroy your dream.

[finaleshot2016]

It's very stressful to see red percentages in the market, but that's normal; the simple explanation is market volatility, and if you look at the past charts, it'll still recover. You must have faith in the asset in which you have invested; have faith in BTC; he will grow as he deserves.

That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe. same with the others. I mostly am just holding ADA, KSM, XMR, VET. If they can pump up at higher percentages, maybe, I can keep up with the average investor maybe.

Actually, mate, you're on the right track with crypto investments, and you don't need to be concerned about how long it will take to make a profit because the coins you've mentioned have potential. I've done some research, particularly in ADA, and I believe ADA is simply waiting for the BTC price increase to do the same.

[sapnu]

I don't think it is necessary that we keep up with the price movement of bitcoin, instead we should know how we can follow through on every adjustment it is making. If the value is going down, obviously you do not need to lower down your investment, instead you should maximize it specially if it is a hard dip. On the other hand, if the value is rising and you have a good holding at that moment, then it is very much clear that you were able to keep up. Always mind what are the things you can do to mix in with the adjustments as you adopt each new price that bitcoin is having.

[20kevin20]

You also did not notice at what point in time it became prestigious to own exactly 1 BTC?

I think it's always been "prestigious" to own BTC. I remember there was a thread here in which someone wanted to auction thousands of BTC for a few bucks and nobody thought it'd be worth it. This is what people still think even today..

[LittleBitFunny]

Maybe I wont care if bitcoin keeps going up. Maybe one day just 0.02 btc or maybe 0.04 if I can put more in before the percentage of dollars to btc becomes so far off everything is negligible. maybe one day it wont matter if you cant own an entire coin. maybe 1mbt will be like what 1 whole bitcoin is today, or even just 1 satoshi will equal 1 dollar and I'll be a millionaire in that way. Or maybe my kids will be idk.

When the price of Bitcoin was below $1000, people could not have imagined that at any one time it would cost $10,000. when it reached $10,000, there was a lot of debate in people's minds as to whether the price could reach $20,000 at all!
The current value of Bitcoin, people could not even imagine in 2017. The price of Bitcoin has been rising continuously, avoiding everyone's perception. If you buy some bitcoin now, it will be safe insurance for your child. Future generations will be users of electronic currency, and Bitcoin will dominate the electronic currency.

[Fesatmas]

Why be in such a hurry and end the sale there? Are you tempted by the uptick that is happening and don't think about selling some of it for a moment and keeping it for the long term? Maybe the partial selling method will be very useful in these conditions, so from the sale you can use it for the next decline. It all depends on how you apply the trading method. Because basically holding longer will be much more valuable, consider the Bitcoin that you hold as a gem, where one day you will find it difficult to get it back at the current price.

[nelson4lov]

Why be in such a hurry and end the sale there? Are you tempted by the uptick that is happening and don't think about selling some of it for a moment and keeping it for the long term? Maybe the partial selling method will be very useful in these conditions, so from the sale you can use it for the next decline. It all depends on how you apply the trading method. Because basically holding longer will be much more valuable, consider the Bitcoin that you hold as a gem, where one day you will find it difficult to get it back at the current price.

From everything OP said, it's safe to assume that he is a more of an invest than a trader. So he doesn't buy/sell more frequently; instead he holds Bitcoin long term and alts short - mid term with an aim to sell them when their prices go up then majority of those profits will flow into buying Bitcoin regardless of the price at the time he set out to buying since he's just DCA-ing.

While this is a good strategy, I'd prefer to sell anywhere close to the top and rebuy later with DCA at a lower price. In the past I've seen people multiply their Bitcoin holdings by just selling near top and buying lower. Of course, it's easier said than done but it's worth giving it a shot.

[gundala]

Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

---

Many things happen that are out of our control, when our expectations are too high it will only hurt more. First, let me remind you once again that crypto is very volatile, we can quickly multiply profits or lose deeply, so make sure we use free funds. investment quotes that we need to make the principle: Never invest money that you can't afford to lose.
thus we will be more relaxed and enjoy the market movement. experience and mentality also play a big role, so don't forget to always be grateful.

[aoluain]

Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

But just thinking about how if it is the bear market for the supercycle.

With bitcoin going up in price. To eventually own just 1 bitcoin. I've been buying periodically over time...

Would you mind sharing when you first started investing? I followed the same path as you, investing a small amount at a time according to the dollar-cost-average method.

I only started like late last year. I heard of bitcoin years prior but I didn't know it went up over time so I just thought "crypto currency" was internet money. Like, the dollar, it doens't really go up or down that much. (ik it kinda actually does but u get the point)

I feel so agro that I didn't get in way sooner. god... I feel like I'm buying the top. I'm just hoping in another few years it will go up and I'll not have thrown away my hard time/labor. I think it's going no where but up long term, but for how much higher idk. It turned into my "hedge against inflation" to a pipe dream of not being in poverty. That would be nice. not counting on that happening in my life time. I think my only goal is gonna be have a kid or two, and hope I did enough in saving/investing so that they wont have to grow up in poverty like I did.

Most people feel this way, "if only I bought Bitcoin sooner" I bought Bitcoin when it
was valued at $1000! and now I still think I should have bought more back then
but at that stage $40k, $65k was beyond my imagination.

I started a THREAD about the rising difficulty of owning 1BTC and I have to say
most people dont get the concept of achieving that amount.

All you can do is work to accumulate as much as possible. for many 1BTC is
not going to happen. Ask someone on low wages to save $40k in 1 year, impossible.

[Shasha80]

Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

---

Many things happen that are out of our control, when our expectations are too high it will only hurt more. First, let me remind you once again that crypto is very volatile, we can quickly multiply profits or lose deeply, so make sure we use free funds. investment quotes that we need to make the principle: Never invest money that you can't afford to lose.
thus we will be more relaxed and enjoy the market movement. experience and mentality also play a big role, so don't forget to always be grateful.

As long as we invest in crypto using money that we can afford to lose, should be able to invest leisurely, without being pressured by volatile
market movements. Because most people who enter the crypto world think that crypto can generate instant profits and use all the money
they have, even sold some of his assets, because his hopes were too high. This is what ends up being when crypto prices don't go the way we
want them to stress us out. So make sure before we invest in crypto, we already understand how the crypto world works, so it's not wrong to
make a decision.