Buy Buy Buy or Sell Sell Sell?

[Promocodeudo]

When a beginner knows that bitcoin is expensive, it implies error from whoever is introducing him into bitcoin. There are some unnecessary information you don't need to release to a newbie which he will definitely learn in the process but by then he must have understood the system and also understand that bitcoin price does not mean anyone must have 1BTC to be an investor. Learning bitcoin investment from the wrong hands is worst than not learning at all because it affects all your activities and perceptions about bitcoin and often can lead to a permanent withdrawal from bitcoin investment. It's even better to trick a newbie into it than give him a demoralising information that could make him doubt the entire process.

Your last writeup is what I don't understand, what do you really mean by trick, are you talking about tricking a newbie to invest in an investment that every individual investor is personally responsible for their decision or action, I don't think you got it right in this one, are you for real?

There's nothing demoralizing about Bitcoin investment, the only problem some newbies face is lack of understanding about the whole Bitcoin investment concept and I must tell you the truth, if you want to tell anyone about Bitcoin investment, you must tell him or her things that he or she needs to know, nothing should be hidden, as a matter of fact being open to an intending investor help him to know that he has to invest and shouldn't expect any kind of return in short while, also as he is investing, his mindset should be centered on a long-term, though I agree with you that a newbie can not learn everything once but the dos and don'ts should be made known to him so that he wouldn't be expecting magic to happen once he gets involved in the investment.

Mate my advise to you is that if you've anyone you want to introduce to Bitcoin investment, make sure you tell him what you know about the investment no matter ho devastating the truth could be and allow him to take his decisions whether to invest or not to avoid being blamed for tricking them in without explaining things as it is for them, so be guilded please.

[ChocolateBitcoinK]

I'm very pleased with this your statement, will i said that you red my mind because you have just spoken my mind relating to accumulating of Bitcoin journey and wait for dip, and it is a message to all investors that has not started buying or accumulating Bitcoin should start now that Bitcoin is cheaper because in years coming who knows what Bitcoin will in the market, so buying and selling should not be your option.

No don't wait for dip before you can buy bitcoin as a new investor buy regularly use the dollar cost averaging method to buy because it will make to buy even if bitcoin price is high or low it could be weekly or monthly buy regularly for 4-10 and hodl.

Also you can say that bitcoin is affordable but not cheap you can not say that bitcoin is cheap looking at the current price but it doesn't require to break a bank to buy bitcoin.

If you read his statement very well, you will understand that he's being futuristic regarding the price of bitcoin. And he's quite correct about that. As an investor whose aim is for long term hold, you will agree with me that the price of bitcoin now is cheap as compared to what the price will be in 5 to 10 years from now. That being aside, bitcoin is still very undervalued currently, as there many speculations about bitcoin getting up to $200k and $250k this coming bullrun. So anyone who's saying that the price of bitcoin is still cheap is not wrong. Having fully understand the potentials of bitcoin, and it's limited supply, I can boldly claim that bitcoin is still very cheap presently.

When it comes to bitcoin investment, bitcoin is neither cheap nor costly. Focusing on the price of bitcoin won't do anyone any good instead investing with a mapped out fund best by discretionary income. Checking the price of bitcoin can also hinder someone from investing when you consider the fact that accumulating up to 1BTC by DCA could take a lifetime for very many investors. This also doesn't make bitcoin too costly to be invested in because bitcoin is like a noble employer, he pays everyone according to his talent (Investment). By DCA, anyone stands a chance to reap big when the harvest comes later.

The problem is that beginners want to measure with old investors even when their income doesn't match and they end up selling off their bitcoin in every slight wave.

In fact, if you want to achieve real success from Bitcoin investment, So instead of worrying unnecessarily about the price of Bitcoin, And rather than always focusing on the price of Bitcoin, You should only focus on long-term investments. Especially through DCA. Actually, never worry about price fluctuations, focus on building your portfolio. If you build a good portfolio, it is definitely possible to profit in the future.

To profit from Bitcoin investment, the first rules/thing is "not to sell your bitcoin holdings". The price is falling, do not sell holdings, let the price fall more, and buy more without selling. The lower the price you buy Bitcoin, the more Bitcoin you can accumulate. And the more Bitcoin you can accumulate, the more profit you can make in the future.

Without worrying about small waves or price fluctuations, If you have faith in Bitcoin, just hold it. Think long term instead of short term gains. And invest some amount of money every month or week through DCA regularly. Keep making Bitcoin as part of your long term portfolio, then the real bright future of Bitcoin is definitely capable to giving you much bigger success.

[letteredhub]

. It's even better to trick a newbie into it than give him a demoralising information that could make him doubt the entire process.

There's no need tricking a person into investing in bitcoin, it is only in scams schemes that people are tricked into investing their money with hidden truth about how the scheme works only to be discovered later after they've invested their money and are hooked

Making the  unactractive side of bitcoin known as well as we do with the lofty aspect would help an intending investor to have a clear picture of what he is going into. It will help them better equipped than taken by surprise. Example, you don't need to hide it from a newbie you're sharing about bitcoin to that he needs to invest long before he can make profit and that bitcoin isn't a get rich quick, because this days people are just after what could give them quick returns that why they get into scam shitcoins.

[terrific]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

[MainIbem]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

If it does, we would've seen the impact on the market but then it's still maintaining the $90k and have not gone beyond that since the incident occurs so I don't think the hack has enough capacity to affect the market, if it were a fresh attack between rival countries or the one between Russia and their neighbouring country we would seen a different situation with the market maybe it would've gone below $90k but it only touched 93k today and it's slightly added again heading towards 95k, I don't think the hack is enough to create a negative trends towards the market moreover it's just one exchange and not the whole exchanges entirely, maybe if it were on Binance it would've been a different thing altogether, anyway no one should be discouraged by this cause the attack was not on the Bitcoin blockchain and doesn't stop Bitcoin from improving in future.

[arwin100]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

Don't worry about that its just another natural movement of the market since not every time Bitcoins goes up. What's important to do is to accumulate since we have another chance to buy Bitcoin at discounter price.

Paying much attention on latest event and got worried about those dumps will make people panic about that situation. So instead of getting negative thoughts about that condition people should think about many positive things will happen for this year so that they would have confidence to continue to accumulate Bitcoin. I'm not expecting Bitcoin to drop at $90k so better continue to accumulate and HODL bitcoin. Losers are the one who would think about selling their Bitcoin at this point.

[Richbased]

When a beginner knows that bitcoin is expensive, it implies error from whoever is introducing him into bitcoin. There are some unnecessary information you don't need to release to a newbie which he will definitely learn in the process but by then he must have understood the system and also understand that bitcoin price does not mean anyone must have 1BTC to be an investor. Learning bitcoin investment from the wrong hands is worst than not learning at all because it affects all your activities and perceptions about bitcoin and often can lead to a permanent withdrawal from bitcoin investment. It's even better to trick a newbie into it than give him a demoralising information that could make him doubt the entire process.

Why will you trick a beginner about bitcoin investment, are you the owner of bitcoin? or you think bitcoin is one of those shitcoins that newbies are being brainwashed to invest in?. What is the knowledge you even want to hide from a beginner in the first place. If you introduce bitcoin to someone and you didn't tell them the whole truth they need to know before investing, any problem they encounter along the line you should be ready to bear the brunt since you introduce bitcoin to them without giving them a proper knowledge of what they invested their money on. True that learning bitcoin investment from a wrong person is not good because they will still trick you to believe so many things that are not true and you will only get find out after you have invested already.

[Churchillvv]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

Don't worry about that its just another natural movement of the market since not every time Bitcoins goes up. What's important to do is to accumulate since we have another chance to buy Bitcoin at discounter price.

Paying much attention on latest event and got worried about those dumps will make people panic about that situation. So instead of getting negative thoughts about that condition people should think about many positive things will happen for this year so that they would have confidence to continue to accumulate Bitcoin. I'm not expecting Bitcoin to drop at $90k so better continue to accumulate and HODL bitcoin. Losers are the one who would think about selling their Bitcoin at this point.

I really don't know why guys panic about events happening right now in the market forgetting the fact that bitcoin has it's own partners with which it follows that without or without the pro bitcoin government era that seems to be affecting the market bitcoin will still for all reasons make greenish moves in due time and perhaps guys should better consider all that is happening in the market as a ln opportunity to grabs more stash in to their portfolio rather than panicking when the price of bitcoin is quite cheap yet.

[Popkon6]

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

Don't worry about that its just another natural movement of the market since not every time Bitcoins goes up. What's important to do is to accumulate since we have another chance to buy Bitcoin at discounter price.

Paying much attention on latest event and got worried about those dumps will make people panic about that situation. So instead of getting negative thoughts about that condition people should think about many positive things will happen for this year so that they would have confidence to continue to accumulate Bitcoin. I'm not expecting Bitcoin to drop at $90k so better continue to accumulate and HODL bitcoin. Losers are the one who would think about selling their Bitcoin at this point.

I really don't know why guys panic about events happening right now in the market forgetting the fact that bitcoin has it's own partners with which it follows that without or without the pro bitcoin government era that seems to be affecting the market bitcoin will still for all reasons make greenish moves in due time and perhaps guys should better consider all that is happening in the market as a ln opportunity to grabs more stash in to their portfolio rather than panicking when the price of bitcoin is quite cheap yet.

There is no need to panic or worry if you hold Bitcoin, if you protect the past prices, then you will definitely get the answer to the present question. The Bitcoin bull run started every four years from the past, and this cycle has been going on properly until today. We have had a bull run from 2024 to 2025, and during this period the price of Bitcoin has reached its highest goal.
That is why investing through the DCA method will benefit your investment the most, because you are saving on your purchase price. And by buying for a long time, your investment size will be much larger, and by holding it for a long time, your investment will reach the peak of greater success.

[JayJuanGee]

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Anyone starting his investment in Bitcoin and develop the mindset that Bitcoin is not cheap will definitely have problems continuing the investment because rather than being very motivated to buy as his finances can carry, he will be there regretting why he did not join earlier. I was in this situation before until I convinced myself that it was not a good thinking pattern because I can buy whatever amount I have now and keep buying more and holding for several years ahead. I'm sure that when Bitcoin got to $1k, there were people that complained that it was too expensive, same goes for when it got to $10k, $20k and even $50k. Now we are confronting the $100k range and the same statement persists, don't be surprised that when Bitcoin gets to $200k and $500k and even $1m, the same statement will still be in people's mouth. Sincerely, that statement is truly boring to me especially now that my experience with Bitcoin is getting better.

Bro you shouldn't be suprised, it's based on ignorance, how do you expect them to have an idea of what they know nothing about, I've even seen someone saying that Bitcoin is for the rich and he's not earning close to what one Bitcoin is currently worth therefore he'll rather invest on Shitcoins that are cheaper and affordable for him to buy as much as possible and make profits when their value increases.

 Lots of people have the wrong idea of what Bitcoin investment all about or how to go about it and that's why they're making the wrong decision or procrastinating towards investing on it, i believe that if the person knows about the DCA or that Bitcoin is still at it's early stage and have the potential of reaching $1m he won't make such statement or even hesitate to start investing according to his income using the DCA method nor worry about the price, that's why it's our duty as people that's gained some knowledge concerning Bitcoin Investment to guide such people when we come across them, help them understand it better.

$1 million per bitcoin is hardly even a very high price. It is around the market cap of gold, and many of us  should realize that bitcoin  is much better than gold - perhaps 1,000x or more better than gold.

. I'm sure that when Bitcoin got to $1k, there were people that complained that it was too expensive, same goes for when it got to $10k, $20k and even $50k. Now we are confronting the $100k range and the same statement persists, don't be surprised that when Bitcoin gets to $200k and $500k and even $1m, the same statement will still be in people's mouth. Sincerely, that statement is truly boring to me especially now that my experience with Bitcoin is getting better.

In fact, those who think like this are far behind and regret not having invested earlier. You will see that such people only focus on the past, they do not think about the future, it is wise to think about the future. If they had thought about the future of Bitcoin they would never have thought of Bitcoin as expensive. What was the price of Bitcoin in the past and where is it now? And more will increase in the future that's for sure. Investing in Bitcoin doesn't need to focus on the price, you need to plan to hold the investment for the long term. Now Bitcoin has proved that holding Bitcoin for long term is definitely profitable. So don't dwell on the past, focus on the future and invest with long-term plans. And you don't need to buy 1 bitcoin, you can invest in bitcoin in DCA method according to your ability.

Even though bitcoin is amongst the best, if not  the best of current investments, Bitcoin is not guaranteed to go up in price in the future.

I'm very pleased with this your statement, will i said that you red my mind because you have just spoken my mind relating to accumulating of Bitcoin journey and wait for dip, and it is a message to all investors that has not started buying or accumulating Bitcoin should start now that Bitcoin is cheaper because in years coming who knows what Bitcoin will in the market, so buying and selling should not be your option.

Investors who are just starting their accumulation in Bitcoin, should not think about buying and selling in the current period. What should be on the mind of those who are just starting their accumulation is to increase the amount for a longer period.
I will not say that the current price of Bitcoin is cheap. For most beginners who are not from companies or governments, the current price of Bitcoin is considered expensive. So it is very natural for people who want to invest in Bitcoin to start thinking about some speculation. The problem will only last a while until they understand and learn some things that can convince them to immediately collect their Bitcoin gradually.

If anyone is a beginner to bitcoin, how the fuck are they going to know if bitcoin is expensive or not?  Have they studied bitcoin?  or did they just glance at the chart and the price and say "wow, that looks expensive."  Expensive relative to what?  What do they know?

They probably know that if they are new to bitcoin, they don't have any bitcoin, and they probably know that they cannot turn back the clock, so  they have to figure out what to do from this point on, and not from some fantasy of turning back the clock.

In other words, if they don't have any BTC then the best way to prepare for the possibility that BTC prices might continue to go up from here is to buy some bitcoin.

I don't have any problem with a newbie who might want to prepare for  the  BTC price to go either up or down, yet the ONLY way to prepare for the BTC price going up is to buy some...and you prepare for down by having some money available to  buy  if the price goes down.  If a newbie has decided to start buying $100 worth of bitcoin every week, then he would end up  buying  whether the BTC price goes up or goes down.  If such newbie has $5k extra that he wants to invest into bitcoin, then he can decide what to do with it.. perhaps  he can choose how much of that $5k he wants to allocate towards 1) DCA, 2) buy right away and/or 3) buy on dips.  There is no one exact right answer, but if he has no coins and he chooses to wait rather than to buy, then he is ONLY preparing for down rather than up, and there is no guarantee that the BTC price willl ever go lower than it is right now, so waiting does not seem like a very good strategy to prepare for the potential of up, which surely might happen.

Someone who is new to investing in Bitcoin, of course they will not directly buy Bitcoin with advice from others or from any information. They want to put their money into planning an investment, of course they will not easily just buy without knowing anything.

You don't need to know a lot.  You just need  to know the basics.  There are 9 individual factors and you seem to be putting a lot of weight on only one of them (number 4 in the linked list).

Anyone can get started right away investing into bitcoin with rudimentary knowledge, which may well be just look at the chart and consider that number may well go up, and then adjust his position size as he learns more about bitcoin and the other items on his 9 individual factors.  To get started, all the newbie needs is $10 of discretionary income that he doesn't need, and perhaps the guy can establish a timeline of investing 4-10 years, but it is not even necessary to start with a 4-10 year timeline right from the beginning, but it is important to get started, even if the starting point might only be something like $10... so then if the investment is $10 every week, then perhaps after several week of buying BTC, the guy can increase his weekly buy amounts.

But when they start to learn and understand how the Bitcoin market works, immediately having some Bitcoin is indeed the best way to prepare for the possibility that the price of Bitcoin will continue to increase.
I know waiting to buy Bitcoin is not the best way for a beginner to prepare for the possibility that the price of Bitcoin will increase in the future. Because if the increase occurs and beginners do not have even a small amount, all there is is regret. But I only see this for the concerns of people who are new to Bitcoin and want to buy Bitcoin.

You can think how you like about this topic, and sure, there is probably around 99% of the world's population that are no coiners or low coiners, and so sure there are probably a lot of people who agree with you and who are likely going to be wrong, just like you are wrong, especially since bitcoin has been the best investment and likely is going to continue to be the best investment, so anyone who want s to protect themselves financially and/or psychologically, are better off to get started sooner rather than later if they are a no coiner and even the low coiners do not realize that they are low coiners, so they are also likely advantaged by continuing to buy bitcoin ongoingly, persistently, consistently and even aggressively without overdoing it.

You can continue to disagree all you like, yet we are going to continue to have normies who are failing and/or refusing to buy bitcoin, and they are going to end up paying the price for their failure/refusal to get the fuck started, even if they are merely starting with $10 per week as they learn more about it.

[edited out]

When a beginner knows that bitcoin is expensive, it implies error from whoever is introducing him into bitcoin. There are some unnecessary information you don't need to release to a newbie which he will definitely learn in the process but by then he must have understood the system and also understand that bitcoin price does not mean anyone must have 1BTC to be an investor. Learning bitcoin investment from the wrong hands is worst than not learning at all because it affects all your activities and perceptions about bitcoin and often can lead to a permanent withdrawal from bitcoin investment. It's even better to trick a newbie into it than give him a demoralising information that could make him doubt the entire process.

Each person is responsible for himself including his actions and/or his failure/refusal to act, and so they will have to live with the consequences.

If a person learns from a bad source, then the person who is learning has the responsibility to figure it the fuck out, even if he is getting bad information, he has to figure out how to look into the matter of bitcoin more, once he has become aware of bitcoin.

[Stablexcoin]

I'm very pleased with this your statement, will i said that you red my mind because you have just spoken my mind relating to accumulating of Bitcoin journey and wait for dip, and it is a message to all investors that has not started buying or accumulating Bitcoin should start now that Bitcoin is cheaper because in years coming who knows what Bitcoin will in the market, so buying and selling should not be your option.

Investors who are just starting their accumulation in Bitcoin, should not think about buying and selling in the current period. What should be on the mind of those who are just starting their accumulation is to increase the amount for a longer period.
I will not say that the current price of Bitcoin is cheap. For most beginners who are not from companies or governments, the current price of Bitcoin is considered expensive. So it is very natural for people who want to invest in Bitcoin to start thinking about some speculation. The problem will only last a while until they understand and learn some things that can convince them to immediately collect their Bitcoin gradually.

If anyone is a beginner to bitcoin, how the fuck are they going to know if bitcoin is expensive or not?  Have they studied bitcoin?  or did they just glance at the chart and the price and say "wow, that looks expensive."  Expensive relative to what?  What do they know?

They probably know that if they are new to bitcoin, they don't have any bitcoin, and they probably know that they cannot turn back the clock, so  they have to figure out what to do from this point on, and not from some fantasy of turning back the clock.

In other words, if they don't have any BTC then the best way to prepare for the possibility that BTC prices might continue to go up from here is to buy some bitcoin.

I don't have any problem with a newbie who might want to prepare for  the  BTC price to go either up or down, yet the ONLY way to prepare for the BTC price going up is to buy some...and you prepare for down by having some money available to  buy  if the price goes down.  If a newbie has decided to start buying $100 worth of bitcoin every week, then he would end up  buying  whether the BTC price goes up or goes down.  If such newbie has $5k extra that he wants to invest into bitcoin, then he can decide what to do with it.. perhaps  he can choose how much of that $5k he wants to allocate towards 1) DCA, 2) buy right away and/or 3) buy on dips.  There is no one exact right answer, but if he has no coins and he chooses to wait rather than to buy, then he is ONLY preparing for down rather than up, and there is no guarantee that the BTC price willl ever go lower than it is right now, so waiting does not seem like a very good strategy to prepare for the potential of up, which surely might happen.

Someone who is new to investing in Bitcoin, of course they will not directly buy Bitcoin with advice from others or from any information. They want to put their money into planning an investment, of course they will not easily just buy without knowing anything.
But when they start to learn and understand how the Bitcoin market works, immediately having some Bitcoin is indeed the best way to prepare for the possibility that the price of Bitcoin will continue to increase.
I know waiting to buy Bitcoin is not the best way for a beginner to prepare for the possibility that the price of Bitcoin will increase in the future. Because if the increase occurs and beginners do not have even a small amount, all there is is regret. But I only see this for the concerns of people who are new to Bitcoin and want to buy Bitcoin.

When a beginner knows that bitcoin is expensive, it implies error from whoever is introducing him into bitcoin. There are some unnecessary information you don't need to release to a newbie which he will definitely learn in the process but by then he must have understood the system and also understand that bitcoin price does not mean anyone must have 1BTC to be an investor. Learning bitcoin investment from the wrong hands is worst than not learning at all because it affects all your activities and perceptions about bitcoin and often can lead to a permanent withdrawal from bitcoin investment. It's even better to trick a newbie into it than give him a demoralising information that could make him doubt the entire process.

Over the years i have learnt never to give advice to people not even my own parents to buy/invest in Bitcoin. People are supposed to make their own choices. The only i thing i do sometimes is when the conversation is brought up i try as much as possible to share the quality insight on how Bitcoin is good to a common man and what is necessary to be done as a consistent Bitcoin investor. I dont cross my boundaries of telling them to invest. When you tell people to invest you are bound to two things. First they see the advice as a good one later on while depending on you on every other thing. And secondly they see as a bad advice and blame you when things dont go well with them.

You also, made mentioned of tricking someone, dont trick anyone to buy Bitcoin. It is very misleading and could jeopardize your reputation. Their money their decisions and not even the Bitcoin investment is guaranteed for them. Because if they do not do things the right way they might as well end up quitting.  At the end of the day, it is their decision to invest or not, and you should allow them to do their own research before they make that decision. Always remember self conviction is very important.

[Bd officer]

Even though bitcoin is amongst the best, if not  the best of current investments, Bitcoin is not guaranteed to go up in price in the future.

Yes, we have to admit, Bitcoin is among the best, and will remain one of the best in the future. I believe that bitcoin price will definitely increase in the future, if there were no good prospects in the future then the price of bitcoin would not have reached this level. Now very few people in the world know about bitcoin, when more people in the world know about bitcoin and invest then the price of bitcoin will definitely increase.

Currently the price of Bitcoin is down. Many new investors may panic, should not panic, but rather take advantage of this dumping to buy bitcoins at low prices.

[Princess Leah]

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$1 million per bitcoin is hardly even a very high price. It is around the market cap of gold, and many of us  should realize that bitcoin  is much better than gold - perhaps 1,000x or more better than gold.

Funny enough people refer to Bitcoin as digital Gold but then underestimate it's value not knowing it has the potential of being improving far better than Gold in the future, that alone shows that they don't really understand the phrase "Digital Gold" as used by them, if only they know the potential Bitcoin has in the future I bet lots of people would take their investment on it more seriously, the people buying aggressively are wealthy people, they're fucking rich yet they keep buying than sell, it shows that they've pictured what the future with Bitcoin looks like so they're using their present wealth to acquire more in the future, that's enough to convince anyone concerning the potential Bitcoin has.

~

In fact, those who think like this are far behind and regret not having invested earlier. You will see that such people only focus on the past, they do not think about the future, it is wise to think about the future. If they had thought about the future of Bitcoin they would never have thought of Bitcoin as expensive. What was the price of Bitcoin in the past and where is it now? And more will increase in the future that's for sure. Investing in Bitcoin doesn't need to focus on the price, you need to plan to hold the investment for the long term. Now Bitcoin has proved that holding Bitcoin for long term is definitely profitable. So don't dwell on the past, focus on the future and invest with long-term plans. And you don't need to buy 1 bitcoin, you can invest in bitcoin in DCA method according to your ability.

Even though bitcoin is amongst the best, if not  the best of current investments, Bitcoin is not guaranteed to go up in price in the future.

Yeah, due to it's volatile nature one shouldn't be very sure that it would always improve, there's no guarantee concerning that, which is why we can only speculate what the outcome maybe and hope it does better in the future just like it's done in the previous years, well that doesn't change the fact that it's one of the best investment anyone can think of.

[bitzizzix]

Even though bitcoin is amongst the best, if not  the best of current investments, Bitcoin is not guaranteed to go up in price in the future.

Yes, we have to admit, Bitcoin is among the best, and will remain one of the best in the future. I believe that bitcoin price will definitely increase in the future, if there were no good prospects in the future then the price of bitcoin would not have reached this level. Now very few people in the world know about bitcoin, when more people in the world know about bitcoin and invest then the price of bitcoin will definitely increase.

Currently the price of Bitcoin is down. Many new investors may panic, should not panic, but rather take advantage of this dumping to buy bitcoins at low prices.

And this is the greatness of Bitcoin because its use can still be said to be small when compared to all humans on earth, and slowly everyone will eventually get involved and know the potential of Bitcoin is very profitable for them, therefore the long term is a very good choice because in the end everyone will be involved and that is one of the real proofs because Bitcoin adoption continues to grow and has the potential to increase its price which allows its price to be even higher in the future because its demand continues to increase.

So investing in Bitcoin for long-term goals is the most appropriate choice and always take advantage of the decline to collect more no matter what happens in the market including many weak hands selling it because in the end the price will go back up even higher than its highest price. And the decline that occurs is the best moment to buy Bitcoin or take advantage of the decline to increase the number of purchases made periodically or DCA and normalize again when the price starts to rise.

[EarnOnVictor]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

[Tamaperdana]

Even though bitcoin is amongst the best, if not  the best of current investments, Bitcoin is not guaranteed to go up in price in the future.

Yes, we have to admit, Bitcoin is among the best, and will remain one of the best in the future. I believe that bitcoin price will definitely increase in the future, if there were no good prospects in the future then the price of bitcoin would not have reached this level. Now very few people in the world know about bitcoin, when more people in the world know about bitcoin and invest then the price of bitcoin will definitely increase.

Currently the price of Bitcoin is down. Many new investors may panic, should not panic, but rather take advantage of this dumping to buy bitcoins at low prices.

As a pioneer of digital assets, bitcoin should be the best asset at the moment. Because until now I personally have never heard of an investment asset that could rise hundreds of thousands of percent in a 10 year period. So as far as I know, only Bitcoin is able to penetrate this. Therefore, it is only natural that currently Bitcoin is said to be the best investment asset on this earth. Because of its consistency in price increases and its completely maintained security, Bitcoin is difficult to match with any investment asset. So I think we are very fortunate to live in a time when bitcoin exists and we can afford to invest in it. Because just think about which investment assets can bring huge profits in just 5 years. Until now I have not found an investment asset like that except Bitcoin. So bitcoin is really special and was created to make the future of its investors brighter. And regarding the current price decline, I don't think we need to panic, because we are not traders but investors in bitcoin. So why should we panic when Bitcoin experiences a price correction?

[laijsica]

edited

even if you have some extra funds that are already allocated or deposited in the bank. You can use that fund as an emergency fund. Suppose you have a source of guaranteed income every week and accumulation Bitcoin from discretionary income and in that case you can use that amount to continuously invest in Bitcoin. You can use the funds you have in the bank as a backup. Because that fund will provide you with additional security for long-term Bitcoin.

You don't just say if you have some funds in the bank, it will be use as an emergency funds. Fine, no one is saying otherwise, but it shouldn't just be any amount because your emergency funds should be at least three months of your monthly income. If the money in the bank is not up to that amount, you have to continue adding to it until it has reached the expected amount to avoid lack of sufficient emergency funds availability.

Yes bro I tried to say this next words in such a way that if the investor has enough extra funds then he can run his investment successfully here is a backup fund of six months, one year or two years for timing. If you have a backup for this period to meet the needs of the family then he can continue much better for doing aggressive DCAing. Many times our local situation is such that it should be better to keep cash in the bank than to keep floating cash in hand especially considering the situation of the investor. For fiat savings it is only the amount of emergency funds and discretionary income and continuous bitcoin accumulation are a priority.

At the same time, there will be a backup fund, but it is reasonable to keep that amount to maintain the family for six months or a year or two years.

I don't understand what you are saying, your income is what you use to take care of your family and not your backup funds. When you are been paid, you sort about your monthly expenses and needs, the leftover should be what we use to invest in bitcoin and build several backup funds. If you use the money for your monthly up keep as your back up funds when your family needs come, it will be used and you will be left with nothing.

There may have been some confusion in my comment about  the amount of the backup fund. I did not say several backup funds. I meant to explain at the same time that it is about the additional funds that you keep in the bank. It is certainly understandable why we need a backup fund. If for some reason you have a suspended alternative source of income (jobless) from which you are deposit Bitcoin from discretionary income or you have an unexpected accident or you need money in a big way for an emergency for your family. Having a large amount of this floating fund will allow you to provide financial security for yourself and your family from those situations without having to withdraw your investment.

[hero_the_bossman]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see 

[Ricardo11]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

Don't worry about that its just another natural movement of the market since not every time Bitcoins goes up. What's important to do is to accumulate since we have another chance to buy Bitcoin at discounter price.

Paying much attention on latest event and got worried about those dumps will make people panic about that situation. So instead of getting negative thoughts about that condition people should think about many positive things will happen for this year so that they would have confidence to continue to accumulate Bitcoin. I'm not expecting Bitcoin to drop at $90k so better continue to accumulate and HODL bitcoin. Losers are the one who would think about selling their Bitcoin at this point.

I really don't know why guys panic about events happening right now in the market forgetting the fact that bitcoin has it's own partners with which it follows that without or without the pro bitcoin government era that seems to be affecting the market bitcoin will still for all reasons make greenish moves in due time and perhaps guys should better consider all that is happening in the market as a ln opportunity to grabs more stash in to their portfolio rather than panicking when the price of bitcoin is quite cheap yet.

In fact, many may be scared by the current situation, because Bitcoin has dropped to $88K right now. However, this opportunity should be used better. Maybe many will now withdraw their holdings from Bitcoin, (thinking that Bitcoin may dump even more), but by doing this, they are losing opportunities to build a better portfolio. Those who understand Bitcoin well and know the real potential of Bitcoin, they are now looking to buy more. This time is an opportunity to buy more Bitcoin at a cheaper price. But panicked investors always fail to take advantage of this dip market. So, at this time, instead of panicking, you should focus on buying more Bitcoin, then it is possible to build a better portfolio and only then it is possible to make a more better profits.

[Futurexxx]

And even with the Bybit news hacking incident, it stayed on top of $90k

Such news like this on hack is not going to make a major shift on the market price, you can imagine that not all the Bybit exchange users got hacked, the exchange as well is still functioning and their site not down, it's not a major event to shook the crypto community, after all most of the whales we are having don't make use of a centralized exchange for their asset, so I don't expect much significant effects of this on the market price.

It does.
It will take time and just like what we're seeing right now, there's another massive correction that we're seeing today.
I guess that some of the biggest holders are trying to manipulate again by riding this incident.
We'd see more of this soon but even with that, I am still bullish.

Don't worry about that its just another natural movement of the market since not every time Bitcoins goes up. What's important to do is to accumulate since we have another chance to buy Bitcoin at discounter price.

Paying much attention on latest event and got worried about those dumps will make people panic about that situation. So instead of getting negative thoughts about that condition people should think about many positive things will happen for this year so that they would have confidence to continue to accumulate Bitcoin. I'm not expecting Bitcoin to drop at $90k so better continue to accumulate and HODL bitcoin. Losers are the one who would think about selling their Bitcoin at this point.

I really don't know why guys panic about events happening right now in the market forgetting the fact that bitcoin has it's own partners with which it follows that without or without the pro bitcoin government era that seems to be affecting the market bitcoin will still for all reasons make greenish moves in due time and perhaps guys should better consider all that is happening in the market as a ln opportunity to grabs more stash in to their portfolio rather than panicking when the price of bitcoin is quite cheap yet.

In fact, many may be scared by the current situation, because Bitcoin has dropped to $88K right now. However, this opportunity should be used better. Maybe many will now withdraw their holdings from Bitcoin, (thinking that Bitcoin may dump even more), but by doing this, they are losing opportunities to build a better portfolio. Those who understand Bitcoin well and know the real potential of Bitcoin, they are now looking to buy more. This time is an opportunity to buy more Bitcoin at a cheaper price. But panicked investors always fail to take advantage of this dip market. So, at this time, instead of panicking, you should focus on buying more Bitcoin, then it is possible to build a better portfolio and only then it is possible to make a more better profits.

I see this current dip in the market as a dip that should be utilized properly, because it might never come again, yes their is a possibility that it might drop further, but we should all take note that Bitcoin is on the rise, and as such, it's best to buy more now and add to your stash, just as you have said already, this is the best time to buy, and most newbies and those that have no faith in Bitcoin will be selling in panic, but we that knows it's too cheap now comparing to how much it might skyrocket up to in the future, considering it huge potential, we have nothing to worry about because we believe that Bitcoin is an opportunity that can be used to build a generational wealth only if we can acquire a very huge stash of it and hold for a very long period of time like 10 years or more.
The only thing that is required of us is to pay less attention to the outside noise and discouragement from hater, so as not to be discouraged in the future, because holding is way more difficult than just buying.