Ignore the dip and Invest in Bitcoin for long term

[danadc]

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.

People who hold cryptocurrency is just people that I have the ability to lose whatever they have because without being a risk taker you cannot invest into cryptocurrency and make it because it is an investment that or call into way positive and negative reactions which bitcoin can fall into. Holding a coin I believe that it is something that you can as well take the risk when coins falls

Not everything is like that, a person who has BTC is predestined to always be a winner, that should not be detracted from, if a person loses money in an operation they should not be ashamed because it is something to which they are exposed, and it is very likely to happen something like that, etnonces one way to protect yourself is if you have money you divide it in half, one half you leave only to buy Bitcoin and not touch it, and the other to buy bitcoin and start trading, that's how you protect yourself, buying shitcoins does not guarantee to make a profit, on the contrary, it is best to buy Bitcoin and wait for it to rise in price.

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[tomos81]

No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.

[Oilacris]

No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.

Every investment does have the risk and this thing should be put up on someones mind because it is really just a typical thing or normal where you should be aware on so that whenever the market do

make out some negative movement then you wont really be making yourself freaking out on the time that market will really be going to opposite side.Invest on dips are easy to say or be advised on someone but when you are already on the situation then it would really be that hard i must say.

If you are indeed going for long term then you wont really be bothering  yourself on what price you had entered or go in.

[Uang_kartal]

Unfortunately, not all traders have that style. For investors, it may be possible to save for the future with all the risks in the future. may struggle between 50% predictions today.

for day traders with scalping it might be boring, with the habit of making quick profits.

I divided 2.and that's a great idea

[wmaurik]

Not everything is like that, a person who has BTC is predestined to always be a winner, that should not be detracted from, if a person loses money in an operation they should not be ashamed because it is something to which they are exposed, and it is very likely to happen something like that, etnonces one way to protect yourself is if you have money you divide it in half, one half you leave only to buy Bitcoin and not touch it, and the other to buy bitcoin and start trading, that's how you protect yourself, buying shitcoins does not guarantee to make a profit, on the contrary, it is best to buy Bitcoin and wait for it to rise in price.

I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.

[Lambent]

Hodling surely seems like the best option at the moment. Fluctuations are in the downward direction only and thinking of trading would be a losing deal. It’s best to buy bitcoin at a low price and sell it when it’s price is back to a higher value.

[Cryptodebjoe]

I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.
[/quote]
you are right sir while some people are worried about buying or selling or hodling im doing all 3 and im doing it with BTC i bought a given value i hodl 50% and i used 50% to trade on a daily as i observe the chart bcuz i dont think this bear season will finish anytime soon but im making the most of my income in little stipends while observing and waiting for the bull run...

[Flamous]

Yes, HODLING seems the best option for investors at the moment. But there are many others who have taken this as an opportunity to invest more in the market.

[Jo_Liu]

Totally agree with you. Instead of thinking we had a good run, investment in Bitcoin is better a long-term, marriage kind of thing. If you are investing for your future, you want to take a long-term view. Although the value may drop, markets generally recover the value lost over time, this could happen with Bitcoin as well. Additionally, when considering the length of time you hold onto a financial asset you should remember that the IRS has different filing requirements for short-term and long-term investments, buying and selling cryptocurrency is no different.
And I really think Bitcoin has a bright future, and it is aming for the statue as gold has.
https://xtrading.com/financial-questions/is-bitcoin-a-value-store/

[minairia3]

I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.

What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.

Holding is the key to success when it comes to investing in bitcoin, you do not need to be adept at technical analysis or to have experience trading in order to make a profit when it comes to bitcoin. The upside of bitcoin is that as long as you persist in holding it for a long period of time, then you are likely to make a profit as well, sometimes an extremely high return.

[wmaurik]

Holding is the key to success when it comes to investing in bitcoin, you do not need to be adept at technical analysis or to have experience trading in order to make a profit when it comes to bitcoin. The upside of bitcoin is that as long as you persist in holding it for a long period of time, then you are likely to make a profit as well, sometimes an extremely high return.

That's obvious, and I've also proven it in the past even though I didn't collect that many Bitcoins. Because when the Bitcoin price started to increase until it reached ATh, I could immediately feel a very good profit and I think it was the result of a patience that I had done when the Bitcoin price was not so expensive. So holding Bitcoin for a long time is also a very good option to do.

[danadc]

I think that an intelligent way to have a lot of money is to multiply it right now, the smartest thing is to have bitcoin and leave it still without touching it, if bitcoin goes down more, you should take advantage of buying, only despite the fact that it can reach 70,000 again dollars is enough motivation, which is well above the standards of a bank, the doubt at this time means losing earning more money and I think that is not viable.

[salad daging]

I think that an intelligent way to have a lot of money is to multiply it right now, the smartest thing is to have bitcoin and leave it still without touching it, if bitcoin goes down more, you should take advantage of buying, only despite the fact that it can reach 70,000 again dollars is enough motivation, which is well above the standards of a bank, the doubt at this time means losing earning more money and I think that is not viable.

For people who dare to do it now to multiply for the future but sometimes no one dares for those who want to start but many doubts.

I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.

[taufik123]

-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.

Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.

[salad daging]

-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.

Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.

It's true that I am supported from my monthly finances of about 20% or more but the rest of it is enough for my daily needs and I will take the time to save from the remaining 80% so that in the future if there is an urgent need it doesn't interfere with my commitment to the planned DCA then I have to be ready to make a purchase at any price even though for example the price of bitcoin is $50k or $70k I have to buy it because it's a commitment.
Of course I learned psychology so I can control it from beginning to end because this goal is still long, so psychology is important.

[Gosgosking]

The dip have been a big distraction to many young investors, many young investors think that they don't deserve a dip, but they don't have knowledge that the dip is as important as the bull , every dip comes with a bull. When I started investing bitcoin the dip was a distraction,  but when I got understanding of everything  I don't get panic in the dip.

[Rigon]

I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.

What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.

long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.

Totally agree with what you say, because long-term investments also have a deadline that must be determined and even then if the conditions are much better before the specified deadline arrives, then selling some of the assets being invested is also a very good option because consideration is about profit.

Of course, long-term investments have a time frame. You invest but you don't sell those invested coins or profit then you don't get any profit.It is better to quit whenever you have enough profit from the invested profits.It has been seen that if the market is dumping again later, you will invest again from there.Never stay with an investment for years I think and leave when it makes a profit.

[carlfebz2]

The dip have been a big distraction to many young investors, many young investors think that they don't deserve a dip, but they don't have knowledge that the dip is as important as the bull , every dip comes with a bull. When I started investing bitcoin the dip was a distraction,  but when I got understanding of everything  I don't get panic in the dip.

So you say that old investors should deserve a dip? You should bare up into your mind that it doesnt matter whether you are new or old, young or old, you would definitely able to experience market dips and corrections because this is how this market works or simply this is an inevitable thing.Whether you are experienced or not you are prone to this.It does vary on what actions you would made basing up
with your knowledge and awareness into this market.Instead on freaking out whenever a market dip you should instead see this as an opportunity to buy cheap because
you could utilize these movements for your advantage because you could make profits with that.

[taufik123]

-snip-
I've invested in bitcoin with the DCA strategy because it will be my routine to start from small bitcoins to become more in hand so I consistently apply this not to miss.
We are pretty sure there will be more benefits to buying now especially if we have the capital to make the purchase, but if it is too heavy then do DCA so that it doesn't become heavy but we will still have bitcoins for the future.

Your commitment to continue to do DCA must also be supported with money that you don't need for other purposes. Pure DCA uses money you can afford to lose. Whatever the price you will still buy it gradually and for the long term. and the obstacle for some people is controlling psychology to stay on the original goal.

It's true that I am supported from my monthly finances of about 20% or more but the rest of it is enough for my daily needs and I will take the time to save from the remaining 80% so that in the future if there is an urgent need it doesn't interfere with my commitment to the planned DCA then I have to be ready to make a purchase at any price even though for example the price of bitcoin is $50k or $70k I have to buy it because it's a commitment.
Of course I learned psychology so I can control it from beginning to end because this goal is still long, so psychology is important.

A good commitment, setting aside about %20 is more than enough if you continue to be consistent, so it doesn't interfere with your other needs. DCA can buy at any price and continue to add to your bitcoin asset, but you also need to enter at the right price, don't enter when FOMO occurs. and psychology is indeed the determinant of everything, everything will involve psychology. control your emotions and stick to your commitments, this is a long term investment and you will see results for at least 5 years or more.

[goldkingcoiner]

Ignoring the dip is probably the unhealthiest way to cope. In fact, you should not be putting yourself into a situation in which you wish to cope. The problem is your short termed mindset of an investment, thats true. It means you are not 100% onboard or having second thoughts.

If you asked around any veteran coiner and early BTC adopter would tell you the same thing - here's what you need to actually do:

Replace the word dip with the word bargain. Because thats what each dip should be, in your eyes. A limited time bargain price. Once you develop the hodlers mindset, you will see how fast your investments are gaining traction.