Buy Buy Buy or Sell Sell Sell?

[G_Besar]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

I also agree more with your last point because any investor who still believes in Bitcoin is clearly not a trader or a craftsman who frequently predicts the timing and price of Bitcoin on a daily and weekly basis. Because their primary goal remains to buy Bitcoin as a foundation to grow their own Bitcoin holdings and also to see how much and how consistently they achieve that. Accumulating Bitcoin through DCA has truly provided the easiest path for everyone because this method can be done by anyone with an uncertain amount of funds.

So I also still like this method and also like the point you mentioned, where every investor must have endurance in terms of carrying out investments and must also have discipline in terms of implementing long-term investment methods without confusing their own thoughts and basic goals with price volatility that is still often seen in the market.

[Baridomale]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

I also agree more with your last point because any investor who still believes in Bitcoin is clearly not a trader or a craftsman who frequently predicts the timing and price of Bitcoin on a daily and weekly basis. Because their primary goal remains to buy Bitcoin as a foundation to grow their own Bitcoin holdings and also to see how much and how consistently they achieve that. Accumulating Bitcoin through DCA has truly provided the easiest path for everyone because this method can be done by anyone with an uncertain amount of funds.

So I also still like this method and also like the point you mentioned, where every investor must have endurance in terms of carrying out investments and must also have discipline in terms of implementing long-term investment methods without confusing their own thoughts and basic goals with price volatility that is still often seen in the market.

In as much as I am a strong fan of the DCA methods and I also strongly believe that apart from the monetary profit that would be gained over time, the DCA method also builds character and habits of discipline and consistency which are fundamental in wealth building. However, I also love to look at things from a 360 degree point of view. looking at the good and also considering the bad, the merits and demerits and from my keen observation I would present the following points that maybe contrary to what you have written(although I am a strong fan of the DCA METHOD)

 Firstly an investor who is able to accumulate his money with the hope that the DIP comes and he buys a lot of Bitcoin at lesser price has also displayed patience which is also one of the traits of a good investor and also happens to fall under some of the fundamental habits for creating wealth. Instead of spreading funds in bits you can save up and utilize it to its maximum during the DIP. It is capital efficient
 
 Historically, those who have been able to wait and buy more bitcoin during the DIP have always outperformed those who use DCA method(I am still a fan of DCA, Please don't forget that!!). The capital is made to perform at peak efficiency by utilizing the virtue of patience. More is bought with lower amount during the bear market and sold at high prices during the bull market. An investor who uses DCA doesn't get to say this because they actually got some percentage of their Bitcoin during the Bull market.

 The psychological advantage of buying during DIP cannot be overemphasized. Investors who buy during the dip get to have the greater feeling of reward and this feeling alone can make the investor who feels he achieved more last longer in Bitcoin market than an investor who just gets to have minimal profit after months of consistency and discipline. Although I am a fan of the DCA method, there are still somethings to be considered when buying during the DIP

[Grace333]

That’s the classic crypto dilemma — nobody can time the market perfectly. Prices move fast, and it’s easy to feel like you bought too high or sold too early. The key is having a plan: if you believe in a coin long-term , dips are buy opportunities; if you’re just looking for short-term flips, you need strict targets and stop-losses.

Did you just say a coin, which means that any coin. Nah... Shitcoins are not the same as bitcoin and will never have the uniqueness and potential of bitcoin. This is the main reason why you should only think bitcoin and nothing more in the cryptospace because only bitcoin is worth to invest into and hodli for a long-term because it's a store of value overtime and a hedge to inflation. Shitcoins are the opposite of bitcoin as they will bring pains, frustration and regrets if you buy them because they're for gambling and not an investment.

As for “buy or sell right now,” it really depends on your risk tolerance and horizon — the market is very volatile, so for most people, gradual buying (dollar-cost averaging) is safer than trying to guess the exact moment.

👉 Do you see yourself as more of a long-term holder or a short-term trader?

Traders are the same with shitcoiners because they will become losers in the long run for trying to play smart with the market wave. A new investor should only choose a long-term investment plan and stay focus on building his bitcoin portfolio for 4-10 years and till he reaches his bitcoin target through his ongoing weekly DCA overtime. If you sell because of little profit, you will end up as a low coiner in future when bitcoin price will be very expensive and you will regret gambling your bitcoin through trading.

Trading and buying shitcoin is the wrong path for anyone in the cryptospace. So choose your path wisely.

Some persons are impatient and they always prefer the short route to grow their investment that's why they choose to gamble with their Bitcoin because I feel anyone that trades his coin is practically gambling with his portfolio and might possibly end up at the losing end. It's always better to take the motive to start and choose a long term investment plan with your Bitcoin investments since their is high certainty that your growth will be massive and guaranteed for a time frame of about 5years plus.

True, most people who get impatient are really just gambling with their portfolio. Trading Bitcoin without proper skill or risk management is more or less betting against the market, and like you said, a lot of them end up frustrated because they were chasing quick profits. The truth is, Bitcoin was never designed for a get rich tomorrow mentality, it was built as a long term store of value. If you hold it with patience, history already shows the growth over 5+ years has always been worth it.

Especially for the average person without discipline, the safest and smartest route is exactly what you highlighted long term holding. That way, you are not stressing over daily charts, you are just focused on stacking and letting time do the heavy lifting. Patience is really the key here, and that is what separates investors who make it from those who blow up their portfolio chasing shortcuts.

[gracreavix]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

I also agree more with your last point because any investor who still believes in Bitcoin is clearly not a trader or a craftsman who frequently predicts the timing and price of Bitcoin on a daily and weekly basis. Because their primary goal remains to buy Bitcoin as a foundation to grow their own Bitcoin holdings and also to see how much and how consistently they achieve that. Accumulating Bitcoin through DCA has truly provided the easiest path for everyone because this method can be done by anyone with an uncertain amount of funds.

So I also still like this method and also like the point you mentioned, where every investor must have endurance in terms of carrying out investments and must also have discipline in terms of implementing long-term investment methods without confusing their own thoughts and basic goals with price volatility that is still often seen in the market.

In as much as I am a strong fan of the DCA methods and I also strongly believe that apart from the monetary profit that would be gained over time, the DCA method also builds character and habits of discipline and consistency which are fundamental in wealth building. However, I also love to look at things from a 360 degree point of view. looking at the good and also considering the bad, the merits and demerits and from my keen observation I would present the following points that maybe contrary to what you have written(although I am a strong fan of the DCA METHOD)

 Firstly an investor who is able to accumulate his money with the hope that the DIP comes and he buys a lot of Bitcoin at lesser price has also displayed patience which is also one of the traits of a good investor and also happens to fall under some of the fundamental habits for creating wealth. Instead of spreading funds in bits you can save up and utilize it to its maximum during the DIP. It is capital efficient
 
 Historically, those who have been able to wait and buy more bitcoin during the DIP have always outperformed those who use DCA method(I am still a fan of DCA, Please don't forget that!!). The capital is made to perform at peak efficiency by utilizing the virtue of patience. More is bought with lower amount during the bear market and sold at high prices during the bull market. An investor who uses DCA doesn't get to say this because they actually got some percentage of their Bitcoin during the Bull market.

 The psychological advantage of buying during DIP cannot be overemphasized. Investors who buy during the dip get to have the greater feeling of reward and this feeling alone can make the investor who feels he achieved more last longer in Bitcoin market than an investor who just gets to have minimal profit after months of consistency and discipline. Although I am a fan of the DCA method, there are still somethings to be considered when buying during the DIP

I  like how you balanced your points because it shows you’re not just blindly supporting one method. You’re right, buying the dip shows patience and can outperform DCA if timed well, plus the psychological reward is huge.

But if I may add some point to what you just said, the problem is dips are only clear in hindsight. Many who wait end up missing out while DCA keeps you in the market steadily without stress. Probably the smartest play is to mix both, DCA regularly but keep some extra for real dips when they come.

[woez]

I  like how you balanced your points because it shows you’re not just blindly supporting one method. You’re right, buying the dip shows patience and can outperform DCA if timed well, plus the psychological reward is huge.

But if I may add some point to what you just said, the problem is dips are only clear in hindsight. Many who wait end up missing out while DCA keeps you in the market steadily without stress. Probably the smartest play is to mix both, DCA regularly but keep some extra for real dips when they come.

Advice is always advice and is always appreciated here, but the application can change at any time. The initial plan was to buy instinctively, while DCA changed immediately when the market direction changed. The natural strategy came out Yes. The market in a DIP Condition is also quite attractive; we can go all-in, which is always seen as yielding much more optimal results. But the problem is, not everyone has the time to wait for that moment, there are other tasks that need to be completed.

I am also read the discussion above, including from G_Besar. It's quite interesting what he said, that we still find most people often get caught up in wanting instant results, even though in the world of Bitcoin and crypto in general, the most consistent and persistent are those who are patient. And of course, there's plenty of evidence for that it just depends on whether we can manage it all. So, it all comes down to psychology and individual discipline.

[Mummy OS]

I  like how you balanced your points because it shows you’re not just blindly supporting one method. You’re right, buying the dip shows patience and can outperform DCA if timed well, plus the psychological reward is huge.

But if I may add some point to what you just said, the problem is dips are only clear in hindsight. Many who wait end up missing out while DCA keeps you in the market steadily without stress. Probably the smartest play is to mix both, DCA regularly but keep some extra for real dips when they come.

Advice is always advice and is always appreciated here, but the application can change at any time. The initial plan was to buy instinctively, while DCA changed immediately when the market direction changed. The natural strategy came out Yes. The market in a DIP Condition is also quite attractive; we can go all-in, which is always seen as yielding much more optimal results. But the problem is, not everyone has the time to wait for that moment, there are other tasks that need to be completed.

I am also read the discussion above, including from G_Besar. It's quite interesting what he said, that we still find most people often get caught up in wanting instant results, even though in the world of Bitcoin and crypto in general, the most consistent and persistent are those who are patient. And of course, there's plenty of evidence for that it just depends on whether we can manage it all. So, it all comes down to psychology and individual discipline.

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

Bitcoin is not like the shitcoins we see in the market that are where the teams will be looking for investors they will scam. We should be smart enough that Bitcoin is different and investors shouldn't sell immediately the price went up. That shitty practice can be done with Shitcoins because of the fear of the price crashing since the owners will want to make money from investors by selling half of their holdings making the shittycoins market to depreciate and the shitty investors losing their shitty investment.

Bitcoin is different and we should see it as a real investment not something to make quick profits from when price shoot up. I know some investors are opportunists looking for anything that will give them quick rewards. Bitcoin should be seen as a long term investment only.

[Agbamoni]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

Bitcoin is not like the shitcoins we see in the market that are where the teams will be looking for investors they will scam. We should be smart enough that Bitcoin is different and investors shouldn't sell immediately the price went up. That shitty practice can be done with Shitcoins because of the fear of the price crashing since the owners will want to make money from investors by selling half of their holdings making the shittycoins market to depreciate and the shitty investors losing their shitty investment.

Bitcoin is different and we should see it as a real investment not something to make quick profits from when price shoot up. I know some investors are opportunists looking for anything that will give them quick rewards. Bitcoin should be seen as a long term investment only.

Anyone who has been engaging in this thread for quite a long time now, wouldn't be stupid enough to sell off their Bitcoins. And even if they choose to sell some they shouldn't sell all of their Bitcoins because it is absolutely wrong to do so.

What you should so understand is that some folks talking about taking profit are old investors. They must have been holding for years now which is why they decide to take some profits. I think they are smart enough not to completely go out of the market by selling all they've got.

[Barikui1]

Anyone who has been engaging in this thread for quite a long time now, wouldn't be stupid enough to sell off their Bitcoins. And even if they choose to sell some they shouldn't sell all of their Bitcoins because it is absolutely wrong to do so.

What you should so understand is that some folks talking about taking profit are old investors. They must have been holding for years now which is why they decide to take some profits. I think they are smart enough not to completely go out of the market by selling all they've got.

Anyone that is still in his or her Bitcoin accumulation journey shouldn't be thinking of selling or taking profit because that's not the best way to build a generational wealth overtime, because by doing so, he is practically sabotaging his own effort while investing in Bitcoin.
If you have gotten to that over accumulation status, you might decide to start taking profit from it gradually, but selling it off entirely and become a no coiner overnight is a very big mistake a Bitcoin investor will ever make in his lifetime.

[Lidger]

And this is why the DCA method is considered the best and most effective method for investing in Bitcoin, an investor should never wait for the right time to start investing in Bitcoin, because he will never find the right time, but as a result he will only miss more opportunities. The right decision is to invest consistently, regardless of the market fluctuations. if you wait for buy a little dip, then you will miss more better opportunities to buy, because you will wait for the price to decrease, but the price will rise even higher, and this is the volatility and uncertainty of Bitcoin, so such decisions should never be made, be consistent in investing without worrying too much about unexpected market fluctuations, then the portfolio will continue to grow in the most advantageous way.

For those who are waiting for the right time to invest in Bitcoin, I just want to know what the right time is for them to invest in Bitcoin, and they will understand that now is the time for them to invest in Bitcoin. As far as I can tell, these investors think that when the market goes down, that time is the best time for them to invest. Yes, as an investor, everyone wants to buy Bitcoin at a relatively low price, but no one has control over the market, the market can go to a better level in the future, and from the current level, the market can dump a little and rise again, so there is no way to understand when we should start investing. We only have to trust the market and start investing with courage, then we have to try to make this investment consistently and hold it for a long time, I think holding Bitcoin for a long time consistently is success for an investor.

[Zackz5000]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

I also agree more with your last point because any investor who still believes in Bitcoin is clearly not a trader or a craftsman who frequently predicts the timing and price of Bitcoin on a daily and weekly basis. Because their primary goal remains to buy Bitcoin as a foundation to grow their own Bitcoin holdings and also to see how much and how consistently they achieve that. Accumulating Bitcoin through DCA has truly provided the easiest path for everyone because this method can be done by anyone with an uncertain amount of funds.

So I also still like this method and also like the point you mentioned, where every investor must have endurance in terms of carrying out investments and must also have discipline in terms of implementing long-term investment methods without confusing their own thoughts and basic goals with price volatility that is still often seen in the market.

In as much as I am a strong fan of the DCA methods and I also strongly believe that apart from the monetary profit that would be gained over time, the DCA method also builds character and habits of discipline and consistency which are fundamental in wealth building. However, I also love to look at things from a 360 degree point of view. looking at the good and also considering the bad, the merits and demerits and from my keen observation I would present the following points that maybe contrary to what you have written(although I am a strong fan of the DCA METHOD)

 Firstly an investor who is able to accumulate his money with the hope that the DIP comes and he buys a lot of Bitcoin at lesser price has also displayed patience which is also one of the traits of a good investor and also happens to fall under some of the fundamental habits for creating wealth. Instead of spreading funds in bits you can save up and utilize it to its maximum during the DIP. It is capital efficient
 
 Historically, those who have been able to wait and buy more bitcoin during the DIP have always outperformed those who use DCA method(I am still a fan of DCA, Please don't forget that!!). The capital is made to perform at peak efficiency by utilizing the virtue of patience. More is bought with lower amount during the bear market and sold at high prices during the bull market. An investor who uses DCA doesn't get to say this because they actually got some percentage of their Bitcoin during the Bull market.

 The psychological advantage of buying during DIP cannot be overemphasized. Investors who buy during the dip get to have the greater feeling of reward and this feeling alone can make the investor who feels he achieved more last longer in Bitcoin market than an investor who just gets to have minimal profit after months of consistency and discipline. Although I am a fan of the DCA method, there are still somethings to be considered when buying during the DIP

You sound like a trader and your advise can be misleading to newbies who just want to get started with their Bitcoin investment to wait for the dip before accumulating Bitcoin where as you clam to be DCA user.
As new investor who just started accumulating Bitcoin waiting for the dip is not the right strategy for you because it will slow down your investment and you don't also know when it will be dip before accumulating so the best strategy as a new investor is persistently and consistently using the DCA strategy to accumulate Bitcoin, with this strategy you no more wait for the dip to buy because you are consistently accumulating Bitcoin irrespective of Bitcoin price let the dip come as an opportunity for you to accumulate more Bitcoin then you can decide to be aggressive with your reserve fund with you not over doing.

[Solokan]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

Indeed, many people want to buy BTC at a very low price, but the reality is that the price of BTC is difficult to predict. However, it is true that if we use the DCA method, we will definitely have no difficulty in buying BTC because we are not looking at the price of BTC. And indeed, if we continue to buy BTC using DCA, even if the money used to buy it is a small amount, it is true that although we get a small amount of BTC from buying on the Exchange, if we collect it, the amount of BTC we have will certainly be large. But of course, when investing in BTC, we must be patient because if we don't have enough patience, we will definitely lose money. However, it is true that even though we get a small amount of BTC from purchases on the Exchange, if we collect it, the amount of BTC we have will certainly be large. But what is certain is that when investing in BTC, we must be patient because if we don't have patience, it will certainly be difficult for us to reap big profits in the future.

Your advice is excellent because, of course, using the method you mentioned has the potential to make people successful, provided that emergency funds are also increased. The point is, investing in BTC is easy as long as we know the rules and, most importantly, don't panic when the price of BTC drops because that is a common occurrence with BTC.

[ZeroVinsonN]

In as much as I am a strong fan of the DCA methods and I also strongly believe that apart from the monetary profit that would be gained over time, the DCA method also builds character and habits of discipline and consistency which are fundamental in wealth building. However, I also love to look at things from a 360 degree point of view. looking at the good and also considering the bad, the merits and demerits and from my keen observation I would present the following points that maybe contrary to what you have written(although I am a strong fan of the DCA METHOD)

 Firstly an investor who is able to accumulate his money with the hope that the DIP comes and he buys a lot of Bitcoin at lesser price has also displayed patience which is also one of the traits of a good investor and also happens to fall under some of the fundamental habits for creating wealth. Instead of spreading funds in bits you can save up and utilize it to its maximum during the DIP. It is capital efficient
 
 Historically, those who have been able to wait and buy more bitcoin during the DIP have always outperformed those who use DCA method(I am still a fan of DCA, Please don't forget that!!). The capital is made to perform at peak efficiency by utilizing the virtue of patience. More is bought with lower amount during the bear market and sold at high prices during the bull market. An investor who uses DCA doesn't get to say this because they actually got some percentage of their Bitcoin during the Bull market.

 The psychological advantage of buying during DIP cannot be overemphasized. Investors who buy during the dip get to have the greater feeling of reward and this feeling alone can make the investor who feels he achieved more last longer in Bitcoin market than an investor who just gets to have minimal profit after months of consistency and discipline. Although I am a fan of the DCA method, there are still somethings to be considered when buying during the DIP

You have made some really valid points showcasing the advantages that comes with buying the DIP as opposed to DCAing and at the end of the day I actually agree that you have a choice to your own opinion in matters related to bitcoin investment and how individuals should go about it but at the end of the day I will argue that it's disadvantages scale up higher than it advantages, you are right buying during dips looks more efficient but only in in theory, the reality is if far from that theory, dips are much easier to see in hindsight when they have already passed than to act upon in real time, even experienced investors struggle to consistently identify when the “real” dip happens and waiting too long can result in missed opportunities which is actually what happens to most people who decide to wait for the DIP, while a disciplined saver may eventually hit a big dip, missing just one DIP can completely destabilize all the supposed capital efficiency that comes with the theoretical approach to buying the DIP. On the other hand DCA doesn’t rely on prediction, it promotes steady accumulation regardless of timing, ensuring exposure to both price dips and price elevations. You are also right to say that buying DIPs also offers a strong psychological reward, but the reverse can also be the case waiting for and buying the DIP can introduce the risk of fear and what I want to call investment paralysis, what if an investor buys what looks like a dip, only for the market to dip even more? Many investors give up at that point, but the DCA eliminates this emotional drama, instead of requiring an investor to have nerves of steel in order to time market perfectly which isn't even a good characteristic of a good investor the DCA method builds the habits of discipline and emotional detachment where you don't even have to worry about price shifts and market fluctuations, these traits scale much better across market cycles than the adrenaline rush of dip buying.

[justinlamode]

And this is why the DCA method is considered the best and most effective method for investing in Bitcoin, an investor should never wait for the right time to start investing in Bitcoin, because he will never find the right time, but as a result he will only miss more opportunities. The right decision is to invest consistently, regardless of the market fluctuations. if you wait for buy a little dip, then you will miss more better opportunities to buy, because you will wait for the price to decrease, but the price will rise even higher, and this is the volatility and uncertainty of Bitcoin, so such decisions should never be made, be consistent in investing without worrying too much about unexpected market fluctuations, then the portfolio will continue to grow in the most advantageous way.

For those who are waiting for the right time to invest in Bitcoin, I just want to know what the right time is for them to invest in Bitcoin, and they will understand that now is the time for them to invest in Bitcoin. As far as I can tell, these investors think that when the market goes down, that time is the best time for them to invest. Yes, as an investor, everyone wants to buy Bitcoin at a relatively low price, but no one has control over the market, the market can go to a better level in the future, and from the current level, the market can dump a little and rise again, so there is no way to understand when we should start investing. We only have to trust the market and start investing with courage, then we have to try to make this investment consistently and hold it for a long time, I think holding Bitcoin for a long time consistently is success for an investor.

Anytime an individual gets to hear about Bitcoin is always the right time to buy. Bitcoin have proven that there is no wrong time to buy provided the investment is to be held and not buy today and hoping to sell the next day, it does not work with Bitcoin and anyone who have this mindset will likely be frustrated by Bitcoin. When an individual hear about Bitcoin, the right thing to do is to quickly check himself to know his discretionary income and start building his Bitcoin portfolio from there.

I will always advice that new investors should learn to use the DCA method since it allow them to start small and grow with time. By the time you start investing like $100 per month and after 6 months you look back and see you have invested $600, this will be a big motivation to up your game because you would have seen that the small money you are investing have the potential of turning into something massive in the future. The DCA method is like a blessing to us who are starting with no inheritance, a rare opportunity for us to make our future and that of our children better through Bitcoin.

[Cossyblack]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

You will always find people who are timing the market,waiting patiently for the price of Bitcoin to go up for them to sell for quick profits. I believe the sole reason people invest in bitcoin is to make realistic profits from holding bitcoin as a store of value but selling too early isn't the right way to get some huge profits out of the system. bitcoin was built in a way that work best only by investing for the long term,that's why traders that tries to outsmart the market for quick profits often run in losses because they are gambling instead of investing for the long term.

[Moreno233]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

You will always find people who are timing the market, waiting patiently for the price of Bitcoin to go up for them to sell for quick profits. I believe the sole reason people invest in bitcoin is to make realistic profits from holding bitcoin as a store of value but selling too early isn't the right way to get some huge profits out of the system. bitcoin was built in a way that work best only by investing for the long term,that's why traders that tries to outsmart the market for quick profits often run in losses because they are gambling instead of investing for the long term.

This is very wrong and should be discourage at every given opportunity we have. That people do it does not make it right and the good thing about the conversation we have in this forum is that it helps people leave the wrong things they are doing and follow the right things that will help them now and in the future. Timing the market is the activities of traders who want to buy low and sell high, this is not what we are discussing in a thread dedicated for long term investment. People who start investing in Bitcoin with the right information have the luxury of not experiencing some of the losses and pains that some of us passed through and till achieve their accumulation objectives much faster without distraction. We should therefore encourage people to do the right thing which is investing with discretionary income and through the DCA method.

[EG_O]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

You will always find people who are timing the market, waiting patiently for the price of Bitcoin to go up for them to sell for quick profits. I believe the sole reason people invest in bitcoin is to make realistic profits from holding bitcoin as a store of value but selling too early isn't the right way to get some huge profits out of the system. bitcoin was built in a way that work best only by investing for the long term,that's why traders that tries to outsmart the market for quick profits often run in losses because they are gambling instead of investing for the long term.

This is very wrong and should be discourage at every given opportunity we have. That people do it does not make it right and the good thing about the conversation we have in this forum is that it helps people leave the wrong things they are doing and follow the right things that will help them now and in the future. Timing the market is the activities of traders who want to buy low and sell high, this is not what we are discussing in a thread dedicated for long term investment. People who start investing in Bitcoin with the right information have the luxury of not experiencing some of the losses and pains that some of us passed through and till achieve their accumulation objectives much faster without distraction. We should therefore encourage people to do the right thing which is investing with discretionary income and through the DCA method.

I have been reading all this submissions made so far but then using acronym like DCA is good for those that understands the full meaning, I suggest that since we have newbies here, it's important to always write the full meaning of an acronym for easy understanding, having said that, I have to go read about DCA and I understand that it's Dollar Cost Averaging, I also align with the submissions of those in support of using DCA methods while investing in Bitcoin, DCA methods is the best because it helps to reduce exposure to short term price volatility and takes the emotion out of investing and it also encourages discipline while investing and it will help the investor not to time the market

[In_cu_bent]

That’s the classic crypto dilemma — nobody can time the market perfectly. Prices move fast, and it’s easy to feel like you bought too high or sold too early. The key is having a plan: if you believe in a coin long-term , dips are buy opportunities; if you’re just looking for short-term flips, you need strict targets and stop-losses.

Did you just say a coin, which means that any coin. Nah... Shitcoins are not the same as bitcoin and will never have the uniqueness and potential of bitcoin. This is the main reason why you should only think bitcoin and nothing more in the cryptospace because only bitcoin is worth to invest into and hodli for a long-term because it's a store of value overtime and a hedge to inflation. Shitcoins are the opposite of bitcoin as they will bring pains, frustration and regrets if you buy them because they're for gambling and not an investment.

As for “buy or sell right now,” it really depends on your risk tolerance and horizon — the market is very volatile, so for most people, gradual buying (dollar-cost averaging) is safer than trying to guess the exact moment.

👉 Do you see yourself as more of a long-term holder or a short-term trader?

Traders are the same with shitcoiners because they will become losers in the long run for trying to play smart with the market wave. A new investor should only choose a long-term investment plan and stay focus on building his bitcoin portfolio for 4-10 years and till he reaches his bitcoin target through his ongoing weekly DCA overtime. If you sell because of little profit, you will end up as a low coiner in future when bitcoin price will be very expensive and you will regret gambling your bitcoin through trading.

Trading and buying shitcoin is the wrong path for anyone in the cryptospace. So choose your path wisely.

Some persons are impatient and they always prefer the short route to grow their investment that's why they choose to gamble with their Bitcoin because I feel anyone that trades his coin is practically gambling with his portfolio and might possibly end up at the losing end. It's always better to take the motive to start and choose a long term investment plan with your Bitcoin investments since their is high certainty that your growth will be massive and guaranteed for a time frame of about 5years plus.

True, most people who get impatient are really just gambling with their portfolio. Trading Bitcoin without proper skill or risk management is more or less betting against the market, and like you said, a lot of them end up frustrated because they were chasing quick profits. The truth is, Bitcoin was never designed for a get rich tomorrow mentality, it was built as a long term store of value. If you hold it with patience, history already shows the growth over 5+ years has always been worth it.

Especially for the average person without discipline, the safest and smartest route is exactly what you highlighted long term holding. That way, you are not stressing over daily charts, you are just focused on stacking and letting time do the heavy lifting. Patience is really the key here, and that is what separates investors who make it from those who blow up their portfolio chasing shortcuts.

Sometimes i do even wonder that why will someone with a sane mind trade bitcoin at this point when its value has really skyrocketed. If it was that time when the price of bitcoin was less than a $ i would have said that it is tradable but look at where we are now it has already gotten an ATH of about $124,000 and some folks still think of trading? Maybe such people hate to become rich. For an investor who has a long term investment plan, the target should be from 4-10 years and even above, that is what is considered a long term investment.

Some people even invest for just one year and sell their bitcoins but will still be feeling like it was a long term investment. The problem with most investors now is that they are impatient, they just want to invest in something and start seeing the profits immediately but they forget to understand it's only those get rich quick scheme that promises high returns in a short time which most times becomes a scam. Holding bitcoin requires a lot of discipline not to sell till the appropriate time

[AirtelBuzz]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

Bitcoin is not like the shitcoins we see in the market that are where the teams will be looking for investors they will scam. We should be smart enough that Bitcoin is different and investors shouldn't sell immediately the price went up. That shitty practice can be done with Shitcoins because of the fear of the price crashing since the owners will want to make money from investors by selling half of their holdings making the shittycoins market to depreciate and the shitty investors losing their shitty investment.

Bitcoin is different and we should see it as a real investment not something to make quick profits from when price shoot up. I know some investors are opportunists looking for anything that will give them quick rewards. Bitcoin should be seen as a long term investment only.

Anyone who has been engaging in this thread for quite a long time now, wouldn't be stupid enough to sell off their Bitcoins. And even if they choose to sell some they shouldn't sell all of their Bitcoins because it is absolutely wrong to do so.

What you should so understand is that some folks talking about taking profit are old investors. They must have been holding for years now which is why they decide to take some profits. I think they are smart enough not to completely go out of the market by selling all they've got.

One thing is that experience prepares you for challenges, so those who have been involved here for a long time are mature in investing but those who have been with Bitcoin for a long time may be able to sell some increments for their personal purposes and market conditions. However, our biggest plan is that Bitcoin is a long-term investment and a hedge against inflation, so most of us don't like to sell Bitcoin. But it is still true that considering future risks, many people take the initiative to sell a small portion of their portfolio to meet financial needs. I can say that those who might be thinking of selling their investments may have made large undisclosed profits from Bitcoin, even if they sell small shares through analysis, their investment will not be disrupted, if the cash supply is active because they will be able to fill their portfolios through aggressive buying.

You sound like a trader and your advise can be misleading to newbies who just want to get started with their Bitcoin investment to wait for the dip before accumulating Bitcoin where as you clam to be DCA user.
As new investor who just started accumulating Bitcoin waiting for the dip is not the right strategy for you because it will slow down your investment and you don't also know when it will be dip before accumulating so the best strategy as a new investor is persistently and consistently using the DCA strategy to accumulate Bitcoin, with this strategy you no more wait for the dip to buy because you are consistently accumulating Bitcoin irrespective of Bitcoin price let the dip come as an opportunity for you to accumulate more Bitcoin then you can decide to be aggressive with your reserve fund with you not over doing it.

~~~

You sound like a trader and your advise can be misleading to newbies who just want to get started with their Bitcoin investment to wait for the dip before accumulating Bitcoin where as you clam to be DCA user.
As new investor who just started accumulating Bitcoin waiting for the dip is not the right strategy for you because it will slow down your investment and you don't also know when it will be dip before accumulating so the best strategy as a new investor is persistently and consistently using the DCA strategy to accumulate Bitcoin, with this strategy you no more wait for the dip to buy because you are consistently accumulating Bitcoin irrespective of Bitcoin price let the dip come as an opportunity for you to accumulate more Bitcoin then you can decide to be aggressive with your reserve fund with you not over doing.

@Zackz5000 These two posts you replied to have the same meaning, so the purpose of quoting these two posts together is that you have made the same post repeatedly. This should be fixed because there is a time difference and even similarities between the two posts, maybe it was due to your ignorance.

[ejikeme24]

Firstly an investor who is able to accumulate his money with the hope that the DIP comes and he buys a lot of Bitcoin at lesser price has also displayed patience which is also one of the traits of a good investor and also happens to fall under some of the fundamental habits for creating wealth.Instead of spreading funds in bits you can save up and utilize it to its maximum during the DIP. It is capital efficient

This strategy is mostly use in business and not in bitcoin investment, though some Investors out there can decide to make use of this method  of accumulating money and be waiting for dip to come so that they can buy in lesser price. But I would prefer spreading it in a bits because waiting to accumulate enough money before buying has Alot of disadvantages, moreover they're not even sure when the dip is going to happen. I wonder how long they will keep waiting for the dip and who knows if inflation can come before then. So I would prefer spreading it in bits instead of going with the method of accumulating money and start waiting for the dip that I don't know when is going to happen.

[Kelward]

The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

You will always find people who are timing the market,waiting patiently for the price of Bitcoin to go up for them to sell for quick profits. I believe the sole reason people invest in bitcoin is to make realistic profits from holding bitcoin as a store of value but selling too early isn't the right way to get some huge profits out of the system. bitcoin was built in a way that work best only by investing for the long term,that's why traders that tries to outsmart the market for quick profits often run in losses because they are gambling instead of investing for the long term.

It'll be a misplaced priority for any investors that is holding for the long term to sell now because Bitcoin rallied after a dip, it means that they're not worthy of the long term goal. Although life is full of uncertainties and if an investor who had a focus of holding for the long term had no choice but to sell it'll be understandable. Perhaps to take care of emergency needs that their emergency funds cannot take care of. Whatever price was at the point of selling either dump or pump will be coincidence.

It takes discipline to be a long term investor, it's not everybody that can be diligent enough to be taking money off there discretionary funds to be buying Bitcoin for many years. There will always be distractions along the way like when price hits a new ATH. They'll be tempted to sell forgetting that Bitcoin has the potentials to always reach new ATH.