Ignore the dip and Invest in Bitcoin for long term

[harapan]

If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.

[YOSHIE]

This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

My belief is still at 25%, not 100% yet, for the right time to invest in Bitcoin, it looks like the analysis and prediction will continue until the middle of 2023, my understanding.

But everyone has their own way of thinking the best time to invest in Bitcoin, long term is certainly a good choice, but I have experience when the Bitcoin market is like it is today.

At that time Bitcoin was traded for $10k, making some people rush, they thought it was the cheapest, it wasn't, many investment people cried Bitcoin touched the level of $6000, panic is not playing, many of them did not have the patience to finally sell, die, the year broke again to the $60k level, what can I say, all in vain the savings were empty.

Bottom line: some experience has hinted, for sure everyone has their own beliefs about Bitcoin now and in the future.

[Hispo]

If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.

Anyone here should be aware of the cycles Bitcoin and the cryptocurrency market goes through, so a bear market like you just made reference to is not a weird thing.

Perhaps, what one needs to do in order to be an intelligent investor is to know how balance greed with an strategy. I don't believe one can get rid of greed completely in this kind of market, rather than that it is about control of greed for the sake of one's finances. To avoid mistakes.

[KingsDen]

If you understand the chart's you will notice that we aren't expecting a upwards movement and flow of Bitcoin. But that doesn't mean we aren't going to buy at a cheaper price and rate. It's a good thing one takes good chance of these as it has also been repeatedly since from way back how Bitcoin flows up and down
Too much of the long talks if you don't want to buy go put your cash where ever you think will profit you, Greed has and will never be a good decision to make.

You stated the fact and it is in agreement with Op. With my little knowledge of the bitcoin chart, there is no sign of massive upward movement soon. Unless a sudden fundamental will happen to trigger the run.

That is why Op has advised that your investment in bitcoin in this period should be for a long term purpose. So, even if you can't buy once, try DCA till we get to the bottom.

[livingfree]

If you can hold on to Bitcoin for a long time by investing in Bitcoin right now, then you can have enough money at one time.As you can see, Bitcoin was at a maximum of $69k.Then we think maybe Bitcoin will never go down again. But slowly Bitcoin has come down again It can be said with certainty that Bitcoin will be in a good position, but there may be a need for time.However, I would say that those who want to invest should invest in this instant market and hold on to it in the long run.

We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.

[lalabotax]

My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. -snip-
This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I also have the same strategy, buy when there is a dump and sell it when there is a pump. But sometimes I keep it for a long term, I hold 2-3 years (selling at the bullrun season).

Yes, this bearish season is the right time to buy because the price of most crypto coins is at the lowest rate. We can buy for a short-term holding, or for a long-term holding (selling at the next bullish season). In this bearish season, people's demand for crypto is decreasing, it will increase again when the bullrun season is coming. It looks like to happen in 2024-2025.

[Kelvinid]

We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.

It is to say that we can just ignore the market cycle up and down. We thought that last year Bitcoin will continue to grow as the adoption is also increasing but guess what, sudden drops occur and many people say I was wrong. But the good thing is that we see the market is calm, I couldn't even see massive selling (panic), and I think these newcomers had already learned how to handle their emotions and have a positive mindset knowing that the market will soon recover. Thus, instead of selling, people had find this situation to accumulate more and get ready for the upcoming bull season.

[Fernando Gomez]

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.

[livingfree]

We always have thought that bitcoin will never go down again because we have that mindset when it's pumping, there's no way that it will have a pull back.

But it happens.

And as you ignore the corrections, you need to have decision that before any pump happens, you're holding it. Also, do not panic if the price now is under from what you've bought it. Eventually, it is going to be back there but it may take time.

It is to say that we can just ignore the market cycle up and down. We thought that last year Bitcoin will continue to grow as the adoption is also increasing but guess what, sudden drops occur and many people say I was wrong. But the good thing is that we see the market is calm, I couldn't even see massive selling (panic), and I think these newcomers had already learned how to handle their emotions and have a positive mindset knowing that the market will soon recover. Thus, instead of selling, people had find this situation to accumulate more and get ready for the upcoming bull season.

I've said about the corrections.

If you're a holder and investor that have been long on holding bitcoin, there's really no need to think about it but only about bitcoin.

It's the correction that makes everyone worried and pressured because any worrying thought is coming if you keep on noticing it.

That's why it's best to ignore the corrections and just execute your plans of stacking.

[Oneandpure]

According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders. We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well. So it doesn't matter in which price you buy bitcoin, they will not lose what I believe. Those who have not yet purchased Bitcoin this is the right time for them to purchase it and should be hold for long time.

Loser coming from hold botcoin on all time high price and looks not worth because drop more than 50% from bitcoin price $60,000 and right now drop to $20,000. But right now many people try keep holding bitcoin when have chamce with dip price and have chance get bitcoin back to the top price. I think not matter if keep hold bitocoin right now with price still drop than all time high and keep give much profit later if brave hold bitcoin. But some investor still worry what happen witj world economic inflation and have possibility with bitcoin price will drop again.

[laurenB7742]

Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The  best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.

I cannot ignore the dip, because there are a lot of the altcoins out there in the market that has a potentials, they might have a cheap price for now but its a good chance for me to buy them
then hold in the long term. While Bitcoin was really good to hold for a years because for it is a good investment.

As a true investor, we must not ignore the bear market because it is an opportunity that is not always present. This is a great opportunity to buy some of our favorite coins at a highly discounted price, and we should take advantage of it.
 
The OP's point here is that a bear market is not the time to panic and sell our assets to the sharks for cheap. He advised us to continue buying and not to sell anything during the bear season, only selling during bull season.

[DeathAngel]

Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

[savetheFORUM]

Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....

Only people who don't know investment methods want to get rich immediately after making an investment in a number of things including the matter of choosing cryptocurrencies. And I think that kind of person will never succeed in his investment if he still wants wealth in a moment because in every investment it is very clear that it requires patience as you said.

There are so many people who think that they could get away with doing something they shouldn't. It has always been a problem and I believe that it will stay a problem for a long long time. I know for a fact that it is going to be a trouble for people who wake up and expect to be rich, but they will keep on doing that.

Bitcoin is not the method you make enough money to call yourself rich overnight, this isn't some "get rich quick" scheme you fall into. This is a legit investment chance, and you get rich overtime in many years. You invest now, and you retire 10 years later, and that's a better deal than anything else, not tomorrow, 10 years later but still the best deal.

[Newlifebtc]

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.

no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.

[Dunamisx]

According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders.

There's low or zero risk to holding bitcoin over a long time, this is one of the real time high benefits investor derived from their investment on it, the longer it is the lower the risk, a food example to serve as prove is the record history on the volatility and price over previous years and how lot have make good opportunity out of it through their investment, quite alright we can assume that some has recorded losses as well due to wrong timing or inability to understand the trends in bitcoin and it price speculation which is as a result of their personal error.

We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well.

This is of course certainly going to happen, before the next halving things might slightly change but after the halving then the price rises to make a new ATH over the previous.

[cloudfir3e]

Bitcoin investing in the long term is just like gold.
Bitcoin is widely believed to be a store of value asset to overcome the dynamics of the global economy, including inflation, which has succeeded in bringing the price up tremendously.
Bitcoin investment is quite interesting to do in the long term, because bitcoin only has 21 million coins available so the less supply and high demand makes the price continue to move up.
Bitcoin is also increasingly in demand as an investment asset because it has a history of being able to maintain value amidst economic turmoil, and a lot of bad news about bitcoin circulating.

[jakelyson]

Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

That is actually true. Even if you bought on the peak of 2017, you are still breakeven now if you did not sell on the ATH last year.

That is why you should not be sleeping on bears and dips. This is the perfect opportunity to accumulate crypto, especially bitcoin, when everything is cheap or on-sale. Now is the time to get hold of all the crypto that you can and when the next all time high comes around, that is the time you start cashing out. And then, as he said, since it is a cycle, rinse and repeat.

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.

no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.

Mostly, those are the ones who joined crypto during the hype or ATH. They do not have understanding of the fundamentals of crypto and just in for the money.  But when the hype is over and the price starts correcting, they are the first to sell on the bottom. But the real crypto investors know when to enter and exit crypto market. Those are the ones we should follow. 

[Ebede]

Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase

[wmaurik]

the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase

Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.

[minime0105]

People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit