Bitcoin is a game of quantity

[Kimonoe]

a deep drop in price is a purchase at a discount when we allocate it in bitcoins. the thing to remember is that bitcoin supply is limited and currently only a few people in the world are in it. That way, actually buying at any current price is still safe for long-term investments. especially if we take advantage of the bearish season to buy, of course, the greater the profit that will be obtained. but the biggest enemy is ourselves who often panic sell by looking at price reactions

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[TheGreatPython]

a deep drop in price is a purchase at a discount when we allocate it in bitcoins. the thing to remember is that bitcoin supply is limited and currently only a few people in the world are in it. That way, actually buying at any current price is still safe for long-term investments. especially if we take advantage of the bearish season to buy, of course, the greater the profit that will be obtained. but the biggest enemy is ourselves who often panic sell by looking at price reactions

That's right I hardly see anyone who is ready to invest in Bitcoin and hold it for a long time. It is really a difficult thing for most people and I do understand that it is because they do not have much money to spare.

Those who are able to invest in Bitcoin and hold it for a really long time is because they have enough money for them to spare. And the money they're investing in Bitcoin doesn't really affect the one that they will have in their bank to handle all the emergencies or expenses that they might have. So, it is really important to have enough money for you to invest and still have enough left to carry on with other things you might have to do.

[DVlog]

a deep drop in price is a purchase at a discount when we allocate it in bitcoins. the thing to remember is that bitcoin supply is limited and currently only a few people in the world are in it. That way, actually buying at any current price is still safe for long-term investments. especially if we take advantage of the bearish season to buy, of course, the greater the profit that will be obtained. but the biggest enemy is ourselves who often panic sell by looking at price reactions

That's right I hardly see anyone who is ready to invest in Bitcoin and hold it for a long time. It is really a difficult thing for most people and I do understand that it is because they do not have much money to spare.

Actually, people think BTC is overpriced right now and because of its high volatile nature, they could take huge losses they can not bear. I think their concern is not invalid at all because if you compare BTC with any other commodity then you will see the return of investment of BTC is insane for early adopters. Many think that now only having a fraction of BTC will not be a huge financial gain for the future as it was for early investors because it's overpriced.

[Untomabur]

a deep drop in price is a purchase at a discount when we allocate it in bitcoins. the thing to remember is that bitcoin supply is limited and currently only a few people in the world are in it. That way, actually buying at any current price is still safe for long-term investments. especially if we take advantage of the bearish season to buy, of course, the greater the profit that will be obtained. but the biggest enemy is ourselves who often panic sell by looking at price reactions

That's right I hardly see anyone who is ready to invest in Bitcoin and hold it for a long time. It is really a difficult thing for most people and I do understand that it is because they do not have much money to spare.

Those who are able to invest in Bitcoin and hold it for a really long time is because they have enough money for them to spare. And the money they're investing in Bitcoin doesn't really affect the one that they will have in their bank to handle all the emergencies or expenses that they might have. So, it is really important to have enough money for you to invest and still have enough left to carry on with other things you might have to do.

We have to think about that too because investment is not just putting money into coins and holding it,
when investing we will not immediately get the profit we want and that is why the need for patience in investing,
we must have money or have income from other sources

[Tony116]

That's right I hardly see anyone who is ready to invest in Bitcoin and hold it for a long time. It is really a difficult thing for most people and I do understand that it is because they do not have much money to spare.

Because they are speculators and they just want to make a quick profit, they don't really care about the real value of bitcoin.

Those who are able to invest in Bitcoin and hold it for a really long time is because they have enough money for them to spare. And the money they're investing in Bitcoin doesn't really affect the one that they will have in their bank to handle all the emergencies or expenses that they might have. So, it is really important to have enough money for you to invest and still have enough left to carry on with other things you might have to do.

Apart from people who have a rich life, I still see many people who don't have much money but they still work hard and accumulate little by little to invest in bitcoin. They save bitcoin on a monthly plan and keep it for the long term because they see the value of bitcoin in the future. They have faith in bitcoin that will help them have a better life.

[Pejoh Asu]

As we know that if we have 1 btc it is equal to 100 million satoshi, of course this is a large number, many people often argue with the real number of bitcoins in the hands of users, there are even reports believing that the missing amount or not can be used more than the existing stock, and this is what makes the quantity of bitcoin such an important factor.

[Smartprofit]

Unlike other general asset that depends on quality to quantify it's value, bitcoin makes more sense based on how many btc you have not just how much of it. The earlier investors come to appreciate bitcoin based on it's own personal value not based on it's fiat value the better for their investment skill. The goal when it comes to bitcoin investment should be focused more on owning more coin not even on what the price is in relation to fiat

There are always huge promising future for bitcoin  so even in the dip the target should be focused more on when to sell so as to buy more coin. buying shouldn't be a focus of the fiat value but rather a focus of how many btc is available in your custody. To get the best of Bitcoin investment the focus of how many of this coin you are investing should be the major concern and not the fiat value thereof.

For example if you own 0.1btc whose value is $4042.79 at the moment of posting and the price eventually drops the panic shouldn't be the fallen price, it's best to sell at a lower high and buy back at a lower lows in all the concern should be to get more coin, taking advantage of the dip to buy more. The major concern for bitcoiners is to make profit no matter the market trend. Every investor always anticipate to be in profit no matter the trend and the only way out is focusing more on the quantity and not the value

Yes, this is a very smart strategy.  

Bitcoin is a deflationary asset.  At the same time, the modern world economy is based on a constant rise in prices for all assets, that is, it is inherently inflationary.  

Therefore, the price of bitcoin will rise in the long run.  Bitcoin has a fundamental value.  It is a potential global reserve currency.  Bitcoin has such a valuable property as decentralization.  Bitcoin is a great store of value.  The first cryptocurrency allows you to easily move capital from one country
to another.  Bitcoin is a universal value, it unites all people on planet Earth.  

Therefore, it is important for an investor to maximize the amount of bitcoins he owns.  This is the smartest long term strategy.

[uchegod-21]

I heard that there are people hodling bitcoin for so long. Fine, it is good especially for early adopters.(people that bought at $4000 and below) They know that whatever happens to bitcoin they will still be in great profits. But anyone that bought bitcoin when it crossed $30k should not hodl for life. They should be able to sell and rebuy at dip.
But, every cryptocurrency is a game of quantity. No matter how quality your project is, if people are not interested in your project, it will not prosper.

[Wong Gendheng]

Many people think that too many bitcoins are confusing, but if we study properly then this large number proves that bitcoin was designed for the future with the hope that the majority of the earth's population can use bitcoin, and this is what makes the price of 1 bitcoin today still cheap and ideally $1 for 1 satoshi or 1 btc worth $100 million.

[Smartprofit]

I heard that there are people hodling bitcoin for so long. Fine, it is good especially for early adopters.(people that bought at $4000 and below) They know that whatever happens to bitcoin they will still be in great profits. But anyone that bought bitcoin when it crossed $30k should not hodl for life. They should be able to sell and rebuy at dip.
But, every cryptocurrency is a game of quantity. No matter how quality your project is, if people are not interested in your project, it will not prosper.

I take it you don't think it makes sense to hold a bitcoin bought at more than $30,000 for an extended period of time?  I don't quite agree with this. 

It is very likely that within the next 10 years the price of 1 bitcoin will exceed $1,000,000.  This will give the investor a very large profit.  If you bought 1 bitcoin at a price of $50,000, and in 2029 the price of 1 bitcoin is $1,000,000, then your initial capital has grown 20 times.  This is a very good investment result. 

Yes, this is a lower return than the original investors who invested in bitcoin in 2010.  But, nevertheless, this is a very significant profit. 

At the same time, active trading can bring both profit and loss.

[Gyfts]

Unlike other general asset that depends on quality to quantify it's value, bitcoin makes more sense based on how many btc you have not just how much of it. The earlier investors come to appreciate bitcoin based on it's own personal value not based on it's fiat value the better for their investment skill. The goal when it comes to bitcoin investment should be focused more on owning more coin not even on what the price is in relation to fiat

There are always huge promising future for bitcoin  so even in the dip the target should be focused more on when to sell so as to buy more coin. buying shouldn't be a focus of the fiat value but rather a focus of how many btc is available in your custody. To get the best of Bitcoin investment the focus of how many of this coin you are investing should be the major concern and not the fiat value thereof.

So if you have 10 BTC in 2009 you shouldn't be concerned about how much (value) the BTC is? Doesn't make sense to separate quality and quantity. They're dependent on each other and one is worthless without the other.

The only reason someone would be satisfied with how many coins they have is if they anticipate they'll be valuable in the future. No one is satisfied with crypto that's worthless. Have one million of any coin that's worth 1/100000th of a satoshi and ask them how they feel about having a million coins.

For example if you own 0.1btc whose value is $4042.79 at the moment of posting and the price eventually drops the panic shouldn't be the fallen price, it's best to sell at a lower high and buy back at a lower lows in all the concern should be to get more coin, taking advantage of the dip to buy more. The major concern for bitcoiners is to make profit no matter the market trend. Every investor always anticipate to be in profit no matter the trend and the only way out is focusing more on the quantity and not the value

Buy high, sell low, is what you're saying. Your phrasing is a bit odd.

[MinMan]

You are saying that because the value keeps on increasing . imagine that bitcoin kept losing value in the last decade would you have said that? So, the value of what you are investing in still goes down to its value when compared to other assets.

So, the reason why you have plans of investing more in Bitcoin is because it keeps increasing in value. That’s the normal thing that you have to do when investing in assets ,you have to keep buying more of it to be able to make better profit when it starts to get more value. The main reason for investment is for you to be able to make more from it in the future and if it is not doing that then it is not worth it.

[TheUltraElite]

You are right in what you say, it is for this reason that when some markets are compared with Bitcoin they do not have much relationship, that is, when an analysis of the BTC market is made with respect to gold, they do not have any correlation, when it is done a correlation of BTC with the stock market there is also no correlation that can be extracted.

The precious metals sector has seen some correlation with BTC in the past. Although we cannot be 100% sure that the movements were correctly interpreted, but usually when the crypto market dips to a smaller extent than a huge crash, there is an uptick in gold prices and when there is a massive (>15%) selloff in crypto, gold and stocks both drop.

But when a correlation is made with both markets, gold and the stock market, if there is a correlation, they are similar markets to each other but with many differences in terms of concept, but there is also another peculiarity, when a correlation of btc with gold is made and the stock market there is a correlation but in the very short term, this is something that shows that the btc represents money but its deflationary nature and that it obeys other economic principles makes it move away from these.

The demographic difference is there. Gold traders are usually veterans in commodities trading. They usually did not try their hands in cryptocurrencies yet. Also the gold trading is not based on holding but on regular buying selling. So on the asset front, both might seem like high value assets, but their market psychology is different.

For the time being, since there is bitcoin minting still happening, we can keep aside the deflationary statement. With that, the average daily movements on bitcoin is higher than stocks.

[Kakmakr]

The problem is that OP is looking at Bitcoin as a "Commodity" and this is where a lot of people are losing the plot. Take Forex trading as an example..... People use "Fiat" as a currency ...but it is also tradable.  

You can do both.. by just buying more and more bitcoins on a regular interval to enable you to be able to buy goods and pay for services and then trade it or convert it to Fiat, when you want to profit from it. (Buy Low / Sell high)