Buy Buy Buy or Sell Sell Sell?

[Furious 7]

[edited out]

If you are thinking of borrowing to invest then you should look further into yourself whether you can afford to do so or not.

Borrowing for investment may be a good idea, but you should have alternative repayment arrangements that can be repaid within a short period of time. If you are thinking of repaying the loan through investment profits, it is better not to because you cannot predict the market conditions. But if your buying luck is good or if you get dips then the profit potential is high with repayment of your loan.

In fact, I don't recommend borrowing because in the end, when you start borrowing to invest and looking for alternatives to repay in a short time, it will make you confused in terms of organizing your financial management.

Investing by borrowing at the beginning if it is not accompanied by readiness in the matter of capital and good financial management it can actually be one of the problems that you cannot control for your finances because after all we cannot force the will in investment even though there are some situations that allow you to be aggressive but in this case I think it can interfere with your finances especially if the economy you have is not in good condition then indeed never do something like this.

Investment is ultimately to make yourself comfortable for the future or old age that we have and even though it takes sacrifice when we are still productive in earning money but that does not mean we have to make as if the investment made must risk everything and even have to go into debt because in fact it doesn't have to be like that.

Investing requires you to make sacrifices which are money futures and arrange it in such a way that long term holding gives at least 2-3 times profit. You can build up your holdings by depositing bitcoins. Today's hard-earned bitcoins to come full circle before old age sets in. Simultaneously, after one circle is completed, another and then another thus increasing the size of your holdings. As long as the productivity of your own money is maintained, you will have to make sacrifices to grow your Bitcoin stash. Holding.

I dont have a problem when you say you have to make sacrifices when investing because after all waiting and holding our portopolio is clearly a difficult situation and indeed it is a form of sacrifice that we do for the old age that we hope for in financial freedom but in the end in this case we also have to have good planning and good financial management so that When borrowing has a greater impact than the economc upheaval you have then why force yourself to do it because the focus is so that we are not burdened with investments made and can still continue to be comfortable with the current economy which is increasingly difficult due to inflation that occurs then to make that happen every step in the plan must be carefully thought out .

[Mate2237]

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

And you need to be calculative to buy and as I said it is good to buy at the dip. And since you will involve in the long term investment then don't borrow to buy bitcoin because the person gives you loan might not wait for that long so you have to use your personal money to invest so that you can wait for any length.

[Fara Chan]

As a consultant one should never give such advice so that newbies get lured into Shitcoins. Because, whose
Even those with the slightest knowledge of the altcoin market know that the value of Shitcoin is not stable. Its value may drop to a low level at any time and may not have any presence in the future. It is almost impossible to recover the value of Shitcoin. In this respect, Bitcoin is very prosperous. Even if the value of Bitcoin goes up and down, its value never goes down and the value recovery is very easy to see. So if you advise someone to invest in Shitcoin then you can definitely give him another advice, fill your portfolio with 80%-90% Bitcoin and 10%-20% Shitcoin.

It would be even better if the entire portfolio was in Bitcoin and there were no Shitcoins in it because any Shitcoin is not suitable to be placed in our portfolio as investors. Bitcoin is the only asset that is worth investing in and keeping well in everyone's portfolio, but if there is a desire to own any Shitcoin, of course it is not for the long term or only temporarily. Because Shitcoin is not suitable to be kept in the long term and is not suitable to be used as a good investment in everyone's life and for those of you who already know that Bitcoin can bring prosperity, of course ignoring Shitcoin will not harm you.

[OrangeII]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it all depends on the type of coin being held. If it is a popular coin and belongs to my portfolio, then when the price goes down, then it could be my opportunity to add value to the asset, especially if it is a coin like Bitcoin, Ethereum, BNB, and others. However, if it is a coin that is not that attractive, I will probably sell it when the price is good enough, or continue to decline to stop a deep loss.

[Frankolala]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it all depends on the type of coin being held. If it is a popular coin and belongs to my portfolio, then when the price goes down, then it could be my opportunity to add value to the asset, especially if it is a coin like Bitcoin, Ethereum, BNB, and others. However, if it is a coin that is not that attractive, I will probably sell it when the price is good enough, or continue to decline to stop a deep loss.

Apart from bitcoin, other coins are shitcoins and might not last long in the market. I don't know why folks are so attracted to shitcoins that is inferior to bitcoin. It is better to only invest in bitcoin and hodli for long, because it has a great potential and history has proven it. Investing in shitcoin is gambling and comes with a very big risk of running at loss.

Having a long term investment mentality, bitcoin can give one financial independence when you invest for a long period of time because it gives you the opportunity to build your wealth overtime. Shitcoin is a distraction and that is why new investors who are still in their accumulation phase should ignore it so that it will not lead them to regret and loss. Shitcoin should be for short-term gains which is trading and not for investment because they are not relaibal since the dev can rug pull you anytime.

[Ruttoshi]

And you need to be calculative to buy and as I said it is good to buy at the dip. And since you will involve in the long term investment then don't borrow to buy bitcoin because the person gives you loan might not wait for that long so you have to use your personal money to invest so that you can wait for any length.

Now is the best time to buy bitcoin and there is no need to be calculative with the market because no one can predict the price movement of bitcoin when the dip will come. This is why a new beginner that is starting his bitcoin journey should buy right away when he has the money, so that he will not miss out the opportunity that is the market. For example, we have experienced a little dip, if you want to keep waiting and not buying now, then you might end up not buying at all because no one can know the bottom line of the dip.

This is why investing with DCA weekly or monthly consistently and persistently is good because you will be buying bitcoin and the dip and the bull market which will help you achieve more bitcoin to your portfolio. What a new investor should calculate is how much of his discretionary income that he can use to buy bitcoin with ease and how much he will use to build his emergency funds, in other to balance his financial life.

It is unethical for a new investor to borrow money or take a loan to invest in bitcoin because the only way to invest in bitcoin to be successful is when you use part of your discretionary income which is an amount that you can afford to lose so that you can hodli with patience for a long-term, no matter the price fluctuation of bitcoin. Whoever borrows money to invest will sell at panic if bitcoin price dips below his entry point because he will panic that he wants to lose all his capital. Also your loan will be serviced overtime which will add more problems to your financial life.

[Ricardo11]

And you need to be calculative to buy and as I said it is good to buy at the dip. And since you will involve in the long term investment then don't borrow to buy bitcoin because the person gives you loan might not wait for that long so you have to use your personal money to invest so that you can wait for any length.

Now is the best time to buy bitcoin and there is no need to be calculative with the market because no one can predict the price movement of bitcoin when the dip will come. This is why a new beginner that is starting his bitcoin journey should buy right away when he has the money, so that he will not miss out the opportunity that is the market. For example, we have experienced a little dip, if you want to keep waiting and not buying now, then you might end up not buying at all because no one can know the bottom line of the dip.

This is why investing with DCA weekly or monthly consistently and persistently is good because you will be buying bitcoin and the dip and the bull market which will help you achieve more bitcoin to your portfolio. What a new investor should calculate is how much of his discretionary income that he can use to buy bitcoin with ease and how much he will use to build his emergency funds, in other to balance his financial life.

It is unethical for a new investor to borrow money or take a loan to invest in bitcoin because the only way to invest in bitcoin to be successful is when you use part of your discretionary income which is an amount that you can afford to lose so that you can hodli with patience for a long-term, no matter the price fluctuation of bitcoin. Whoever borrows money to invest will sell at panic if bitcoin price dips below his entry point because he will panic that he wants to lose all his capital. Also your loan will be serviced overtime which will add more problems to your financial life.

Currently the price of Bitcoin has dropped quite a bit, it is currently at 64K. This dumping has created panic in the minds of many. But we should not panic at this moment and move towards buying more. Because Bitcoin is dumping right now, we can expect good things from here when it changes back to pumping. And that requires buying more at low prices, which is now the best time to do so. Because now the price of Bitcoin is very low, if we buy it now, our profit rate will be much higher in the future.

So buy Dip as much as you can according to your income. And continue to invest regularly weekly or monthly in the DCA method. And continue to hold that the portfolio does not meet your expectations.

[JayJuanGee]

[edited out]

Usually determining purchasing power based on planning, you will never be able to do it if you don't plan properly. Because the better the plan, the more you can incentivize yourself to buy bitcoins. At present there are dips in the wider bitcoin market, so you should be cautious and buy dips to ensure success later on.

These are a bit strange ideas regarding concentrating on how any of us might be more profitable to buy the dip, and sure I don't have any problem with the idea of being able to buy more bitcoin with the same amount of money, and so if we are in the stage of BTC accumulating, maybe over time if we are strategizing our regular buys of bitcoin to try to buy on dips rather than merely buying whenever we have the money coming in, sure maybe we will be able to increase our bitcoin stash by 10% or so.. but in the whole scheme of things it may not be easy to measure the extent to which we might be becoming more profitable by buying the dip instead of just regularly buying.. .

So in some sense getting obsessed about whether you might have bought some BTC cheaper causes me to consider that you might be distracted by the short-term dollar values of your stash and your desires to turn over some quick profits in dollars so that you can buy yourself some kind of a treat..... so maybe there is nothing wrong with that, except that it is likely a bit short-sighted when it comes to something so valuable like bitcoin that many folks likely end up selling too many of their BTC too soon and/or fucking around with trying to trade (gamble with) their bitcoin rather than just stacking sats at no matter the price and not getting too concerned about if they may or may not be 5% or 10% more in profits in the short term, since it may well not matter 10-15 years down the road if you might have 1.8 BTC that you bought at an average of $90k per BTC or 2.5 BTC that you bought at an average of $100k each.... and maybe the more important thing is actually accumulating more BTC rather than getting too worked up about the cost..  or maybe if you spent time fucking around with trading you end up with less BTC... even though you might be able to get 10% or more profits because your costs per BTC end up being less.. even though sure, I am not opposed to getting more BTC or having lower costs per BTC.. just opposed to the mindset that monitors such short term profits in seemingly trading kind of ways... when it may well take 10-15 years or longer for many folks (especially newbies to bitcoin and/or investing) to build their bitcoin and/or their overall investment stash.

[edited out]

Investing with debt is not a bad idea but when you invest with debt you have to remember that you can lose money from your investment because it is risky.

You might have to figure out a way to separate out the two ideas.. the use of debt is one thing.  The investment into something volatile and/or risky is another thing.

So maybe many people will say to avoid investing with debt because if you invest with debt and even lose money from that investment then you will never be able to repay that debt.

Some people will say?  Are you saying that?  Losing money from the investment does not necessarily relieve you from the obligation to pay the debt, unless the debt and the investment are somehow connected and maybe the lender knows that he ONLY gets his money back if you make money on your investment.. That sounds dumb when put like that since lenders are not going to want to lend if they find out that the only way that they get paid is if your gambling pays off.

I would like to say that rather than investing with debt, invest as much as you can afford. If you have little money then start with little money and try to increase it gradually so that you don't get burdened with debt.

That is a good suggestion.  You can invest into bitcoin over time, with whatever extra money that you have and build your investment into bitcoin, so then you do not have to enter into something like bitcoin with a lump sum.. so that is one of the advantages of investing into something like bitcoin where you should be able to figure out ways to invest within your budget and small amounts over time rather than lump summing into it... and yeah, if you are able to lump sum into bitcoin, you can do that too, but some folks do not have options to lump sum invest, but yeah, with bitcoin lump sum investing is not necessary.

@Rabata, if you suggest investing with debt you should remember that we invest in Bitcoin for the long term. Will the lender wait long time to get his loan back? No never.

This also makes little sense AirtelBuzz..  Do you even know how loans work?  There might be some lenders who are willing to tie their pay back to the timeline that you believe that you need it, but they likely are going to have their terms and expect to get paid no matter how your investment does... you can pay back in payments or perhaps in a lump sum, and so the terms of the loan can be negotiated and such terms might include the need for collateral or the loan could be uncollateralized.

I am the complete opposite of investing with debt. I will invest according to my ability but not with debt.

The use of debt is a more advanced way of investing, as compared with regular investing without the use of debt, so it may well not be necessary and the debt adds more risk and/or leverage.. that may or may not be justifiable.  Each person needs to consider his own situation in order to figure out the extent to which debt might be helpful to his investment into bitcoin. 

Your earlier suggestion about building your way up in your investment is a good one, and loans may or may not be helpful, yet I agree with you that there is value in building up investments and even learning about basics prior to employing more advanced techniques and many times the more advanced techniques are not even necessary, and they may well end up unnecessarily bringing additional risks and costs to an other wise great investment such as bitcoin.  Just think about in the last 9 years, bitcoin has been one of the best (and probably the best) investment that people could have had made, yet some people still managed to either lose money or to not make as much money as others, and truly in the past 9 years it would not have had been necessary to use leverage or loans or anything like that. 

In the last 9 years, merely investing $50 per week would have resulted in $23,500 invested and nearly 12.5 BTC accumulated... so that surely would not be a bad place to be.

Like JJG use to advice, if you must gamble with shitcoins let it be 10% of your portfolio and 90% in bitcoin.

Probably better to clarify that I recommend against investing into shitcoins, so I will say that if a person has little to no abilities to control his temptations to gamble with shitcoins, then at least he should limit his investment to no more than 10% of the size of his bitcoin investment (and without cheating too)... So yeah, there may well be folks who might be saved by following that kind of advice to limit their shitcoin exposure, and/or that kind of advice might help to put them into a better mindset to attempt to overwhelmingly stay focused on bitcoin.. so in the end they still do what they like but they put a decently sized limit on their involvement with shitcoins and/or gambling.

So if you advise someone to invest in Shitcoin then you can definitely give him another advice, fill your portfolio with 80%-90% Bitcoin and 10%-20% Shitcoin.

I doubt it is a good idea to advise anyone to invest into shitcoins, so instead to suggest that if they cannot resist but to get involved in some shitcoins, then to limit there investment to no more than 10% of their bitcoin size.. so yeah.. 10%-20% would be way too high, and probably even 10% would be too high, but at least 10% is the max and is not going over the max.

Once a person is involved in shitcoins, there could be questions about what to do if either the shitcoin grows faster than bitcoin (in the short term) or if bitcoin grows faster than the shitcoin.. ..

I have no problem with the idea of letting investments run, and then figuring out how to deal with them in terms of there might be some point that reallocation might seem justified.. and another thing is that maybe if bitcoin is growing faster than the shitcoin, but the person still might be in bitcoin accumulation phases and then if the bitcoin investment is $9k at the start and there is an allowance for the shitcoins to receive $1k, but then maybe after 6 months the bitcoin is $12k and the shitcoin is still at $1k.. and maybe if the person is investing $100 per week, he might still invest $90 per week into bitcoin and $10 per week into the shitcoin(s).. but yeah, there would be discretion regarding how to deal with these kinds of situations, and surely from my point of view, any kinds of errors should be on the side of protecting the bitcoin investment.. but still guys might get tempted into other kinds of resolutions that might border on gambling and may or may not end up working out positively (profitable) for them... but yeah, each of us has to make these balances for ourselves and take responsibility over our execution of our choices.

[Rabata]

As a consultant one should never give such advice so that newbies get lured into Shitcoins. Because, whose
Even those with the slightest knowledge of the altcoin market know that the value of Shitcoin is not stable. Its value may drop to a low level at any time and may not have any presence in the future. It is almost impossible to recover the value of Shitcoin. In this respect, Bitcoin is very prosperous. Even if the value of Bitcoin goes up and down, its value never goes down and the value recovery is very easy to see. So if you advise someone to invest in Shitcoin then you can definitely give him another advice, fill your portfolio with 80%-90% Bitcoin and 10%-20% Shitcoin.

Investing in shitcoins can never be a suitable investment as an alternative to investing in Bitcoin. I think people who are investing in Shitcoins can be confused about investing in Bitcoins for many reasons. Suppose a person invests $100 in bitcoin and holds $20 in shitcoins. For some reason, if he gets more profit from investing in shitcoins, he will try to convert his bitcoins into shitcoins. At some point when the shitcoins become worthless, he will regret moving the investment away from Bitcoin. Shitcoin investing is like a form of gambling where investing can earn you a decent amount if luck is good otherwise there is a high chance of losing. But if held, Bitcoin can turn into an asset in the long run.

[Amicablecrypto]

[edited out]

Usually determining purchasing power based on planning, you will never be able to do it if you don't plan properly. Because the better the plan, the more you can incentivize yourself to buy bitcoins. At present there are dips in the wider bitcoin market, so you should be cautious and buy dips to ensure success later on.

These are a bit strange ideas regarding concentrating on how any of us might be more profitable to buy the dip, and sure I don't have any problem with the idea of being able to buy more bitcoin with the same amount of money, and so if we are in the stage of BTC accumulating, maybe over time if we are strategizing our regular buys of bitcoin to try to buy on dips rather than merely buying whenever we have the money coming in, sure maybe we will be able to increase our bitcoin stash by 10% or so.. but in the whole scheme of things it may not be easy to measure the extent to which we might be becoming more profitable by buying the dip instead of just regularly buying.. .

So in some sense getting obsessed about whether you might have bought some BTC cheaper causes me to consider that you might be distracted by the short-term dollar values of your stash and your desires to turn over some quick profits in dollars so that you can buy yourself some kind of a treat..... so maybe there is nothing wrong with that, except that it is likely a bit short-sighted when it comes to something so valuable like bitcoin that many folks likely end up selling too many of their BTC too soon and/or fucking around with trying to trade (gamble with) their bitcoin rather than just stacking sats at no matter the price and not getting too concerned about if they may or may not be 5% or 10% more in profits in the short term, since it may well not matter 10-15 years down the road if you might have 1.8 BTC that you bought at an average of $90k per BTC or 2.5 BTC that you bought at an average of $100k each.... and maybe the more important thing is actually accumulating more BTC rather than getting too worked up about the cost..  or maybe if you spent time fucking around with trading you end up with less BTC... even though you might be able to get 10% or more profits because your costs per BTC end up being less.. even though sure, I am not opposed to getting more BTC or having lower costs per BTC.. just opposed to the mindset that monitors such short term profits in seemingly trading kind of ways... when it may well take 10-15 years or longer for many folks (especially newbies to bitcoin and/or investing) to build their bitcoin and/or their overall investment stash.

I agree with you. Me as a newbie into Bitcoin, accumulating in the dip is not a bad idea but I don't wait for a dip to happen before I can accumulate I'm using the DCA method of accumulation and to be honest it has been a good one, waiting for for a dip to happen is a wrong mindset and it will delay your Bitcoin accumulation journey. Buying in the dip is not a bad idea since it helps to accumulate enough Bitcoin but waiting for it is a bad idea what if it's those not happen that means you have waited in vain, the best thing to do is engage in the DCA method of accumulation and also try to have a good emergency, reserves and float funds so when a dip happen you can accumulate as much as possible using your reserved funds.
This mindset of waiting for the dip will always make you accumulate less, Bitcoin is a long time investment and there's no need waiting for a dip to happen and I think those who are always waiting for a dip are traders as a newbie engaging in Bitcoin trading is the worst mistake one will make. Bitcoin investment should be a long time investment in other to be successful engaging in Bitcoin trading as a newbie will cause nothing but frustration to you and you may even lose money and may run away from Bitcoin if you want to have peace of mind in Bitcoin investment then bring out your mind to hodl for a long term someone like me I don't like stress and I hate to involve in any investment I won't make peace of mind.
And truth be told a short term investment may be classified as trading.

[Sebas.tian]

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

[Ruttoshi]

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

How did you know that the price will dip below this. It is bad to keep waiting for the price of bitcoin to dip before buying. When the price of bitcoin was at 67k, some people were waiting for it to dip. It has dip to 62k, and you are saying that the price will still dip. New investors into bitcoin should not wait for more dips because no one knows if the price may dip below this level or not.

This is the best opportunity to buy bitcoin at discount price now that the price is at 62k, and whoever is a low coiner or no coiner that wants to keep on waiting for more dips is not ready to invest in bitcoin and will regret it in future for his own wrong decision making.

DCA is good to use for accumulating bitcoin and that is what I like about this method because it allows you to buy bitcoin regularly irrespective of the price of bitcoin at that moment. The most important thing is that you should use part of your discretionary income to buy always either every week or every month, just keep on buying for 4-10 years above. Before you know it you will be surprised at how much bitcoin you have acquired, instead of waiting for the price to dip below this. Delay is dangerous and it will make you lose out from the opportunity to acquire more bitcoin faster than regular DCA.

[cxtreenal]

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

It is bad to keep waiting for the price of bitcoin to dip before buying. When the price of bitcoin was at 67k, some people were waiting for it to dip. It has dip to 64k, and you are saying that the price will still dip. New investors into bitcoin should not wait to the dip.

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

[chigo]

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income.
-cut-

When the price of bitcoin was only 50 usd, many people thought the price was too high to invest in it, because the price could go down in the future. And then the price of bitcoin went up to 100 usd, but many people also thought the price was still too high and hoped that the price could go down. And again when the price of bitcoin went up to 10k usd, there were still those who thought the price was high. And in the end many of those people did not have time to invest in bitcoin because from the beginning they continued to think that the price of bitcoin was high and they regretted it when the price of bitcoin was already 62k usd.

So the price of bitcoin is never too high if you can see the potential of bitcoin in the future. If you can't afford to buy 1 bitcoin now, you can start to accumulate or DCA with your money, and if you are consistent and disciplined then you can get the profit you expect. There is no need to think that the price is too high, because you can start investing in bitcoin even with just a few dollars today.

[Ricardo11]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Currently the market is in a very bad condition. Right now it doesn't look like the market will pump up anytime soon, I think Bitcoin will take some time to pump up. But we should always look at every dip as a last chance, no matter how long the dumping is, we should always think that this is the last chance and buy. Because once the market starts pumping it will touch all time highs. So don't expect the price to drop further. Start buying now. And continue to DCA.

[ultrloa]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Currently the market is in a very bad condition. Right now it doesn't look like the market will pump up anytime soon, I think Bitcoin will take some time to pump up. But we should always look at every dip as a last chance, no matter how long the dumping is, we should always think that this is the last chance and buy. Because once the market starts pumping it will touch all time highs. So don't expect the price to drop further. Start buying now. And continue to DCA.

Nope for me that's not a last chance but rather another good chance to accumulate since we can catch on those dips then accumulate more. These kind of events is unexpected to happen that's why its good to take action while everyone is in panic then thinking to sell their assets.

It will be to bad for investor if they start thinking to buy when market is starting to recover since its like they are just there while the market is good then suddenly got scared when the market is on bad shape.

I don't also expect that we can see a huge dip so its really best to continue to do DCA and don't get afraid with the dumps since its part of the challenge of long term investor since if they got afraid in such condition then most like they will not succeed on their investment with bitcoin.

[Barikui1]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Currently the market is in a very bad condition. Right now it doesn't look like the market will pump up anytime soon, I think Bitcoin will take some time to pump up. But we should always look at every dip as a last chance, no matter how long the dumping is, we should always think that this is the last chance and buy. Because once the market starts pumping it will touch all time highs. So don't expect the price to drop further. Start buying now. And continue to DCA.

Yes, I agree to what you are actually saying here bro, the value of Bitcoin has been declining in the past few days now, and as it stands, most newbies investors are panicking, some are even selling in a loss, while some are just in a panicking state, but we that are quite knowledgeable and experience should only sees it as an opportunity to buy more, either through the DCA accumulating strategy or through the lumps sum method if you have the financial leverage to do so.

And secondly, we that are long term holders, we shouldn't be bothered anytime the price of Bitcoin declined, because due to the potential of Bitcoin, it's more safe and more rewarding if you are actually a long term holder, it's only those people that can't hold for long that will should be bothered, because they are expecting a quick return which is not forth coming, so in essence is that, the current price of Bitcoin is an opportunity to us that are only thinking long term, because it's an opportunity to buy more.

[Bravut]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Currently the market is in a very bad condition. Right now it doesn't look like the market will pump up anytime soon, I think Bitcoin will take some time to pump up. But we should always look at every dip as a last chance, no matter how long the dumping is, we should always think that this is the last chance and buy. Because once the market starts pumping it will touch all time highs. So don't expect the price to drop further. Start buying now. And continue to DCA.

Yes, I agree to what you are actually saying here bro, the value of Bitcoin has been declining in the past few days now, and as it stands, most newbies investors are panicking, some are even selling in a loss, while some are just in a panicking state, but we that are quite knowledgeable and experience should only sees it as an opportunity to buy more, either through the DCA accumulating strategy or through the lumps sum method if you have the financial leverage to do so.

And secondly, we that are long term holders, we shouldn't be bothered anytime the price of Bitcoin declined, because due to the potential of Bitcoin, it's more safe and more rewarding if you are actually a long term holder, it's only those people that can't hold for long that will should be bothered, because they are expecting a quick return which is not forth coming, so in essence is that, the current price of Bitcoin is an opportunity to us that are only thinking long term, because it's an opportunity to buy more.

Well said, Bitcoin is good for a long term investment goal with investor that understand her value and the need to hodl without fretting, or panicking.

I want to correct something, the value of Bitcoin is not declining, rather her price is declining or dropping or bearish so far, if Bitcoin value was declining none of us would have the intention to keep hodling in spite of it dipping now. In essence we should always know the proper and right term to use in other to avoid confusion or pass false information.
Value of Bitcoin is different from Price of Bitcoin.

[Tmoonz]

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

The bolded part of your narrative can be very misleading considering the fact that newbies can as well access this thread, since you will not be buying a whole Bitcoin the current price doesn't make it high or expensive for any investors to make purchases of Bitcoin, with dca strategy fractions of Satoshi can be bought with as little as you can afford either weekly or monthly irrespective of the price point at different intervals, there is no certainty or guarantee to backed up your claims that there will more drop, why even waiting for a drop before accumulating Bitcoin? It can be a total waste of time as you may not be able to see your expected dip, but with dca you are already in the market on time without any form of timing the market .

[Belarge]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Bitcoin have proven to dominate the market at all costs, atleast we know what we're doing and having big bullish runs. We have short and longterm in the market, always understand its preferable to trade at our own convenience. It's a buy buy buy for most traders but it can also be a sell sell sell for most traders. The market will definitely come to us and not us going to the market.

Opportunities are paved everyday in the market, we're all aware about this. The market have been in poor condition for some and have also been in good condition for some traders. We can never dominate the full territory of the market but we should always know what's coming in for everyone and having positive changes in our trades.