Buy Buy Buy or Sell Sell Sell?

[JayJuanGee]

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?

Haha, it seems like a chicken crying before getting roasted, the simplest answer is to buy in the accumulation zone + Deep Bear Zone and sell in the Bull mode distribution zone and these are terms holding every information you need to know.

That sounds like a trader speaking, and we should not presume that people who buy bitcoin are traders.

There are a lot of us why specifically recommend not to trade bitcoin, but instead to long term invest it, so in that sense, you do not have to focus much on selling it or when you sell it, until after you have accumulated enough and perhaps been in it for a long enough time.. so then the decisions about when and how to sell could well come later, even 10, 20 or 30 years after being in it...

Yet, of course, it would be difficult to suggest that anyone buying bitcoin for 10, 20 or 30 years not think about selling at all, since the selling kinds of considerations would likely have to do with the person's situation in terms of how aggressively or whimpily he might have been accumulating BTC in light of his own financial and/or psychological circumstances.

TBH, if you were talking about the current situation last week was a good opportunity or I can say was the one of last opportunities to jump into not market in most cheapest market race, and the figures prove that it was the last one, 47k Bitcoins accumulation in 36 Hours source is not authentic but still if this rumor posses even 30% of legitimacy that's huge.

Surely there is nothing wrong with buying on dips, but a person who has a tight budget might not really be in a situation to change the amount of his weekly-ish investment into bitcoin, so he might well be buying at any price until he works up a bitcoin holding that he believes is enough or more than enough.

I have not yet seen anything about 47k BTC being accumulated, but yeah, surely in these times, it is may well be easier to NOT to be surprised various kinds of ongoing buying pressures.

[Kliss]

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?

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

[Frankolala]

Surely there is nothing wrong with buying on dips, but a person who has a tight budget might not really be in a situation to change the amount of his weekly-ish investment into bitcoin, so he might well be buying at any price until he works up a bitcoin holding that he believes is enough or more than enough.

I agree with you on this, because some investors can only afford a particular amount as their discretionary income which that is the amount that they can only continue using to purchase bitcoin regularly, and when there is a dip, they only wish that they had more to buy at the dip, but nothing changes as their regular DCA is ongoing.

DCA is good, but if one is in the position of mixing it with buying at the dip, he will achieve a better result compare to doing strictly DCA, but it is not everyone that is at the position to do so, and that is why one needs to look for a means in order to increase his income so that he can be capable of taking advantage of the dip when it comes. People that have jobs, and don't have a means of increasing their income can save some extra funds that comes in that is not part of their salary, funds like bonus or traveling allowance and so on. This will help to buy extra during the dip.

[Hamza2424]

That sounds like a trader speaking, and we should not presume that people who buy bitcoin are traders.

There are a lot of us why specifically recommend not to trade bitcoin, but instead to long term invest it, so in that sense, you do not have to focus much on selling it or when you sell it, until after you have accumulated enough and perhaps been in it for a long enough time.. so then the decisions about when and how to sell could well come later, even 10, 20 or 30 years after being in it...

Yet, of course, it would be difficult to suggest that anyone buying bitcoin for 10, 20 or 30 years not think about selling at all, since the selling kinds of considerations would likely have to do with the person's situation in terms of how aggressively or whimpily he might have been accumulating BTC in light of his own financial and/or psychological circumstances.

Hmm, JJG I was expecting haha if you are active I'll get this reply, anyway, it has been a long time since you've made a quote on my post, cutting the story to a focus point, yup my response was from a trader's perspective as I do acknowledge that 70% of newbies and investors enter as a short term trader they don't care about the Bitcoin's potential and returns in even a time frame of 5 years to 10 years. We can roughly find 5 out of 100 people who are serious about the long-term accumulation as you are saying, for the rest of 95 they are just trying their luck without even realizing the facts and figures.

I have not yet seen anything about 47k BTC being accumulated, but yeah, surely in these times, it is may well be easier to NOT to be surprised various kinds of ongoing buying pressures.

Well I can add the reference but I know it's not worth it, any still here the references I've not gone through the entire blog just scanned it with the headline “Bitcoin whales accumulated 47,000 $BTC in the past 24 hours. We’re entering a new era.”

[Agbe]

It happened to me recently. I bought bitcoin of 0.002335 with the some of $115 from someone and the price nod bitcoin was $63,248 and immediately i bought the coins, the price drastically reduced to $55,900 and I bought it for Short before so i have to change the short term to long term so if you are buying bitcoin, you have to put at the back of your mind that bitcoin is not a stable coin and it volatile in nature. And if you panic and sell at that time then bitcoin come up again then you will be at the losing side of the investment. Therefore whenever you are investing, you have to think of the risk management. Those who are buying with DCA also plan for long term and not for short term. And don't do panic selling and sell at the time when you have enough profit.

[Agbamoni]

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?

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

I got so interested in the part you said that every dip is one good opportunity to buy more. Buying the dip can be important not minding the buying strategy an investor adopts. During the market peak one should be buying, even when it is in between and also the dips. This theory explains that investment should be made consistently at every price through a well structure pattern until the goal is met. Buying the dip is a form of aggressive buying when your dcaing, and it implies when an investor has extra funds that won't affect his dca.

Consistence in buying is very important no matter the market conditions, that is the fastest way to reach a goal instead of trying to time the market.

[SmartGold01]

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

[GigaBit]

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?

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

I got so interested in the part you said that every dip is one good opportunity to buy more. Buying the dip can be important not minding the buying strategy an investor adopts. During the market peak one should be buying, even when it is in between and also the dips. This theory explains that investment should be made consistently at every price through a well structure pattern until the goal is met. Buying the dip is a form of aggressive buying when your dcaing, and it implies when an investor has extra funds that won't affect his dca.

Consistence in buying is very important no matter the market conditions, that is the fastest way to reach a goal instead of trying to time the market.

There is a word in trading platforms that if we cannot win by buying then it is difficult to win by selling. Although this theory does not work in all cases because if someone buys Bitcoin at a high price and holds it for a long time, then he will definitely get a high return, but if not then the profit will be less. ‍Some investors, they buy when the value of a coin goes up and sell when it goes down due to this policy they are exposed to certain losses. An investor must do the right thing at the right time. Otherwise he will never reach his goal. To observe the market situation well and take the right action at the right time. Taking every dip as an opportunity to buy will increase your chances of profit.

[JayJuanGee]

Surely there is nothing wrong with buying on dips, but a person who has a tight budget might not really be in a situation to change the amount of his weekly-ish investment into bitcoin, so he might well be buying at any price until he works up a bitcoin holding that he believes is enough or more than enough.

I agree with you on this, because some investors can only afford a particular amount as their discretionary income which that is the amount that they can only continue using to purchase bitcoin regularly, and when there is a dip, they only wish that they had more to buy at the dip, but nothing changes as their regular DCA is ongoing.

DCA is good, but if one is in the position of mixing it with buying at the dip, he will achieve a better result compare to doing strictly DCA, but it is not everyone that is at the position to do so, and that is why one needs to look for a means in order to increase his income so that he can be capable of taking advantage of the dip when it comes. People that have jobs, and don't have a means of increasing their income can save some extra funds that comes in that is not part of their salary, funds like bonus or traveling allowance and so on. This will help to buy extra during the dip.

Even if a newbie increases his income, the problem of buying right away (in a DCA) versus holding some value in reserves for buying on dips is not automatically resolved merely because of such increased income, and it seems that the problem of having money to buy dips is more likely to be resolved by feeling like you have already been accumulating enough BTC and you are able to hold some extra money in reserves for buying on dips....

Another practice that would justify holding back money for buying on the dip would be if you might have already invested a large amount at any given price point (such as using a lump sum), and then therefore you might hold some money in reserves in order to buy the dip, but since you had already invested a decent amount, it is not like you are prejudiced by holding some value back for buying on the dip.

Part of the definition of discretionary income is having discretion regarding where to put that money as it comes in and if the discretionary income amount is increasing by either receiving greater income or cutting expenses, then there still will be decisions in regards to where to put such increased discretionary income amounts of money as it comes in and whether to keep some in reserves for buying BTC on dips or to just buy BTC in a way that is more or less as soon as the extra money comes available which would be considered to be within DCA practices.

I am not going to proclaim to know the answers to these questions because if someone does increase his discretionary income, he still is faced with needs to have to decide whether to buy BTC right away with that increased income or to hold some of that extra income back for buying on dips - not necessarily easy or obvious choices.. yet each of us are making these kinds of balances on a regular basis involving how much BTC we believe that we are ready, willing and able to accumulate and in which ways we are going to carry out such BTC accumulations as our income/expenses might change from time to time, the size of our investment into BTC would presumably be growing with the passage of time, but also the value of our BTC holdings will also be changing (including the price in which we are able to buy more of it, if that is what we want to do).

That sounds like a trader speaking, and we should not presume that people who buy bitcoin are traders.

There are a lot of us why specifically recommend not to trade bitcoin, but instead to long term invest it, so in that sense, you do not have to focus much on selling it or when you sell it, until after you have accumulated enough and perhaps been in it for a long enough time.. so then the decisions about when and how to sell could well come later, even 10, 20 or 30 years after being in it...

Yet, of course, it would be difficult to suggest that anyone buying bitcoin for 10, 20 or 30 years not think about selling at all, since the selling kinds of considerations would likely have to do with the person's situation in terms of how aggressively or whimpily he might have been accumulating BTC in light of his own financial and/or psychological circumstances.

Hmm, JJG I was expecting haha if you are active I'll get this reply, anyway, it has been a long time since you've made a quote on my post, cutting the story to a focus point, yup my response was from a trader's perspective as I do acknowledge that 70% of newbies and investors enter as a short term trader they don't care about the Bitcoin's potential and returns in even a time frame of 5 years to 10 years. We can roughly find 5 out of 100 people who are serious about the long-term accumulation as you are saying, for the rest of 95 they are just trying their luck without even realizing the facts and figures.

I doubt that your numbers for traders versus investors are correct with any level of precision (in other words you are making up numbers to make your claims sound good, even if your numbers might have some truth to them), yet even if we agree that a lot of people treat bitcoin as a trade rather than as an investment, I doubt that it is a good idea to promote such dumbness as if it is a good thing to do, especially since many of us already recognize and appreciate that bitcoin remains amongst the best, if not the best investment available to anyone on a world-wide basis, so if you happen to know that kind of information, then why would it be a good idea to encourage trading it (or gambling with it, rather than more sound practices), merely because potentially a lot of folks are doing that.  Pretty weak logic there Hamza2424.

Another thing, there may well be a lot of people who have little to no disposable income (and I agree that is the case), so those people who are using their money to buy bitcoin (when it is beyond their disposable income - because they need such money to live) are therefore gambling with their money rather than investing, and surely there could be ways that they could figure out ways to reduce the amount that they put into bitcoin in order to be able to hang onto it longer which would turn their buying of bitcoin into an investment rather than a trade.. rather than attempting to play the wave that is likely not going to get them anywhere in life.. ..  It is like playing the lottery.  Yes, I know a lot of people do it, but it is not a good place to put your money, so it does not make any sense to be promoting such systems - especially on an individual level, even though people seem to love to do it.

When they put the money that they need into bitcoin and hope to cash out with dollar profits within a cycle, they may well be attempting to play 1-2 years.. and yeah, maybe they will get lucky with that approach and maybe they won't.. and yeah.. maybe if there already exist ways that they are able to set aside that money for 1-2 years, then there would be possibilities for them to choose a different amount (perhaps a smaller amount), in order to set it aside longer, such as 4-10 years or longer, and 4 years is surely on the lower end that would ONLY apply to people with short timelines, and most people should be shooting for way longer than 4 years, otherwise they are still not really investing.

If they were to figure out what it means to invest, then they may be able to figure out how to do such a thing for 4-10 years or longer rather than 1-2 years or some other short timeline trying to play the wave.. ... but yeah it well still it probably would be better if they figured out an amount that they are able to put away for longer than 1-2 years and not worry about it for 4-10 years or longer.  There may well be some mindset involved in this rather than any kind of specific inabilities to develop better practices (even though yeah a lot of the world is desperate, yet they likely are not going to improve their situation by trading and gambling with bitcoin rather than figuring out some way to carry out investments, even if their investment amounts happen to not be a lot of money.. but still setting it aside for 4-10 years or longer.

And personally, you can do what you want, but I am not going to encourage trading/gambling rather than investing in bitcoin - even if perhaps a lot of people engage in such bad habits, as you proclaim.

So yeah, just because a lot of people trade and/or gamble with bitcoin and you seem to want to promote those ideas, that does not mean that it is good to promote such ideas as if they were the right thing to do.. You can do what you like, and I will continue to say that it is a bad idea to talk about bitcoin that way, even if a lot of people do it.

And this line of discussion reminds me of an earlier conversation that we had.  Weren't you the one who was trying to defend the idea to refer to bitcoin as crypto because a lot of people (everyone else) do(es) it?  That is dumb logic, and surely I could be getting you mixed up with someone else, but it seems that we had that kind of conversation in the past in which you were also using vague language such as crypto to also include bitcoin and suggesting that it is a good idea talk about bitcoin like that because everyone else does it..  

Poor you to have such lackenings in your abilities to focus.. and you are getting caught up in the fault of logic that involves what everyone else is doing to guide you in your own thinking and/or actions, again presuming that I am not mixing you up with another forum member.

I have not yet seen anything about 47k BTC being accumulated, but yeah, surely in these times, it is may well be easier to NOT to be surprised various kinds of ongoing buying pressures.

Well I can add the reference but I know it's not worth it, any still here the references I've not gone through the entire blog just scanned it with the headline “Bitcoin whales accumulated 47,000 $BTC in the past 24 hours. We’re entering a new era.”

It is good to provide sources for those kinds of assertions, and like you said, it might not be an accurate assessment, but at least if you show the source, then any of us would be able to look into it further.

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

You will likely do much better if you have some kind of a long term plan in regards to bitcoin, and sure if you cannot resist but to gamble and/or trade with you bitcoin, make sure that you are not gambling/trading with more than 10% of your bitcoin - while at the same time, don't be cheating by continuing to dip into your main stash of bitcoin when you are losing the 10% that you are fucking around with.  There are ways to discipline yourself with limits but also to potentially still gamble/trade within such limits.

[Raflesia]

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

In a few weeks especially after the halving began many people asked about why bitcoin went down after the halving and not even a few people who did panic sell and actually made them end up getting losses even though if we are talking for the long term and see from what has happened in the past year bitcoin has increased quite rapidly again actually when bitcoin undergoes corrections and fluctuates is a natural thing that is why we just need to enjoy the current process.

After bitcoin dropped to $58k some time ago I read a lot of people, especially beginners thinking about what the next action should be especially when the value in their portfolio shrinks even though their bitcon remains the same and now (today) we can see that bitcoin is increasing again so we must be able to conclude and should be able to be confident that no matter how bad it happens in the end the result is the same where bitcoin will continue to develop in a better direction going forward. So, for those who always panic when bitcoin corrects now you have to start understanding that long-term conditions are the most important so don't be too bothered by short-term corrections in the end if you really intend to really be in bitcoin .

[laijsica]

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?

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

I got so interested in the part you said that every dip is one good opportunity to buy more. Buying the dip can be important not minding the buying strategy an investor adopts. During the market peak one should be buying, even when it is in between and also the dips. This theory explains that investment should be made consistently at every price through a well structure pattern until the goal is met. Buying the dip is a form of aggressive buying when your dcaing, and it implies when an investor has extra funds that won't affect his dca.

Consistence in buying is very important no matter the market conditions, that is the fastest way to reach a goal instead of trying to time the market.

There is a word in trading platforms that if we cannot win by buying then it is difficult to win by selling. Although this theory does not work in all cases because if someone buys Bitcoin at a high price and holds it for a long time, then he will definitely get a high return, but if not then the profit will be less. ‍Some investors, they buy when the value of a coin goes up and sell when it goes down due to this policy they are exposed to certain losses. An investor must do the right thing at the right time. Otherwise he will never reach his goal. To observe the market situation well and take the right action at the right time. Taking every dip as an opportunity to buy will increase your chances of profit.

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.

[JayJuanGee]

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.

You have a weird way of describing DCA, which causes me to consider that maybe you might not really understand the advantages of employing DCA versus using some other method of buying BTC.

DCA does not give you the lowest possible BTC price, but it does allow you to manage your own finances, and to buy BTC aggressively within your own budget, so yeah if the price happens to dip then you are buying more BTC with the same dollars and if it goes up your are buying fewer BTC with the same dollars.

However, with DCA you may well end up with higher costs per BTC, but you can structure so that you can continue to accumulate no matter what.

Largely following a strict DCA approach is price agnostic and yet there is a presumption with DCA that the BTC price is ultimately going to go higher than your average costs per BTC, so you likely will end up in profits so long as the general price trend of bitcoin is upwards.. so sometimes it coudl take several years before your BTC holdings are actually in profits in terms of dollars, but continuing to employ DCA allows you to continue to build you BTC stash no matter the price of the BTC and so in some sense there is not even a focus on how much is your average price per BTC, even though it does not hurt to keep track of your average cost per BTC, but your average cost per BTC would likely be less important than the fact that your employment of DCA would allow continued, ongong and persistent stacking of sats..

[SmartGold01]

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

You will likely do much better if you have some kind of a long term plan in regards to bitcoin, and sure if you cannot resist but to gamble and/or trade with you bitcoin, make sure that you are not gambling/trading with more than 10% of your bitcoin - while at the same time, don't be cheating by continuing to dip into your main stash of bitcoin when you are losing the 10% that you are fucking around with.  There are ways to discipline yourself with limits but also to potentially still gamble/trade within such limits.

Usually If is me I would keep accumulating without even selling or having to take any profits knowing too well that we haven't achieved this year ATH.
Any investor who knows about bitcoin and how it works can never rush to sell his bitcoin except for shitcoin that doesn't worth to hold for long period of time and of course those shitcoin can never be added in our portfolios if they don't have any potential, so that is why it's better to only choose bitcoin for long term race than short time projection. Even as that 10% is pretty much okay to be trading with provided he won't go down to much more of the holdings, as most times trading seems to be gradually reducing ones possession.

[red4slash]

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.

So what you want to do is DCA or Buy Dip because looking at what you said here I think it's mixed between buying DCA or doing Buy Dip by waiting for the price to go down?

You have to think about this well in addition, when looking at long-term investments for bitcoin I think we should also be aware that we don't need to think about ATH for now if the goal is for the future because our goal is not ATH today especially if just starting to invest. Although ATH is now very profitable but when your target is not the current value I don't think we need to think too much and sell at ATH now because our goal is the future which does allow the price to be higher so that we are not affected by the price whether it is experiencing an increase and decrease because our goal is the future unless indeed you want to be a trader where buying when the price is cheap and selling when it is profitable only that is not an investor but a trader in the mention.

[Agbe]

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.

You have a weird way of describing DCA, which causes me to consider that maybe you might not really understand the advantages of employing DCA versus using some other method of buying BTC.

I don't know if laijsica understand how DCA works, and to laijsica, DCA is just a plan set by the investor to nuy bitcoin at anytime. Just like what I said in the other thread just now, https://bitcointalk.org/index.php?topic=5132720.msg64041928#msg64041928 the way funds are locked weekly or monthly to buy bitcoin is the same way applied in the DCA method but the different is that, in the DCA, you set it to buy daily, weekly, monthly ans all depend on the capability (the income) of the investor. If he works and receives pay per hours then he can set the DCA.for daily and if it is weekly then he can set it for weekly.and if it is monthly then he can set it for monthly.

Therefore there is nothing to "profit more than lose" as laijsica put it and i have bolded it. If you are to use the DCA method then you have to prepare yourself and save extra money to invest whenever the set time elapsed. DCA is to invest at anytime and not only the dip. And that will make you to acquire more bitcoin in the investment process.

[JayJuanGee]

This is the main reason they said market is volatile and anything can happen at any given point but how do you control it as an investors or trader, is to have it parted after securing your profit for the maintime. What i mean is that if you buy a coin worth of 300$ and immediately in pump to 500$ first you sell your of 300$ and take profits leaving your 200$ gambling with. Then if you just buy and market declining what to do is don't panic keep accumulating more and  more then you would see that when the market bounces back then you have double of what you had invested earlier.

You will likely do much better if you have some kind of a long term plan in regards to bitcoin, and sure if you cannot resist but to gamble and/or trade with you bitcoin, make sure that you are not gambling/trading with more than 10% of your bitcoin - while at the same time, don't be cheating by continuing to dip into your main stash of bitcoin when you are losing the 10% that you are fucking around with.  There are ways to discipline yourself with limits but also to potentially still gamble/trade within such limits.

Usually If is me I would keep accumulating without even selling or having to take any profits knowing too well that we haven't achieved this year ATH.

This year we already had several new ATHs between $69k and $73,794, so are you waiting for more?

If you are merely waiting for a new ATH, then how are you going to know that it is enough?  and why would you necessarily hold your value in dollars rather than holding your value in bitcoin?

So there still can come questions in regards to whether you even accumulated enough BTC in order to start to be in a position to sell some of it.  Surely you are the best person to judge that, even though historically we have witnessed a lot of folks selling way too many BTC too soon, and even if they might have had gotten decent dollar profits out of the BTC that they sold, the crux of the matter was that they had not really acquired enough BTC in order to be selling as many BTC as they ended up selling, so personally, to me it seems problematic for people to be obsessed with selling if they have not even been in bitcoin for a full cycle, absent if they had been able to already accumulate a lot or somehow to have had been able to front load their investment.. but hey, whatever, each of us have our styles and if you want to try your luck at trading, maybe you will get lucky with that... and maybe you won't end up selling too much too soon and maybe the BTC price will dip so that you can buy back more than you sold or whatever it is that you are wanting to do with your BTC once you sell them.. buy a car?  Go on a trip?

So yeah, if you started accumulating bitcoin at around the time of your forum registration, which is late 2021, sure it is possible that you could have had accumulated enough BTC, since your forum registration date matches up with my own history in which I got into bitcoin at the top of the 2013 price run.. so that would have had been 8 years earlier.. so yeah, I had only accumulated through 2014 and more  than half of 2015, so I had already created a selling strategy for myself in around mid 2015 that I started to employ at around $250.. and it was based on some formulas in terms of just selling from my profits, so as the price went up I could sell up to 10% of my holdings every time the price doubled (and in the beginning I could only use the portion of my BTC that was in profits, but by the time the BTC price got into above $500, most of my holdings were already in profits, so I could use the formula for all of my holdings.. .. so think about it if I had 10 bitcoin and the BTC price was $500, so they would be worth $5,000, and so if the price went up to $1k, I would be able to sell up to 1 BTC, but I think that I never ended up selling the full 10% authorized amount.. so then there is another question regarding what is the accumulation level, so if I had a total investment portfolio of $50k and then 10% was in bitcoin, but then if the BTC  price doubled, then all of a sudden due to BTC's price doubling, then 20% of my investment portfolio was in bitcoin, so my point is that there are way us that you can figure out some formulas, but I think that you have to get to a state of over accumulation, and you don't necessarily sell to buy back but sell based on taking some of your BTC off the table because you have enough or you have too much.... and you can figure out your own rationalization for why you might sell without having more than a whole cycle accumulating.. unless somehow you had been able to overly accumulate. within your own definition of what overaccumulation might be (if there is such a thing?).

Any investor who knows about bitcoin and how it works can never rush to sell his bitcoin except for shitcoin that doesn't worth to hold for long period of time and of course those shitcoin can never be added in our portfolios if they don't have any potential, so that is why it's better to only choose bitcoin for long term race than short time projection. Even as that 10% is pretty much okay to be trading with provided he won't go down to much more of the holdings, as most times trading seems to be gradually reducing ones possession.

Some people cannot resist and they want to trade and/or to get involved in shitcoins, so if they can at least limit the amount that they trade and/or get involved in shitcoins, then they would likely be in a better position than if they did not have any limits on how much they would be trading/shitcoining.  But yeah, sometimes there is no real way from stopping people from doing what they want, so they might believe that they have been able to identify some kind of a winning system or a winning shitcoin.. . .but sometimes it is just a "feeling" rather than really being sufficiently thought through.

By the way, it does not make a whole lot of sense to me to focus very much in regards to what others might be doing, even though surely in the various threads of this forum we are interacting with others, but we still have to figure out our own plans and sometimes interact with others in terms of of comparing our plans, so there could be some hypothetical persons who have been in bitcoin for only a couple of years or maybe 2.5 years but still able to pretty much front load their bitcoin investment - especially since we had a pretty long period of bitcoin dippening between more or less June 2022 through October 2023.. so that time period could have had allowed for a decent amount of BTC accumulating, even though surely the periods that we were below $20k would have been the better time periods, even though I know that in reality it might not always be possible to really stock up on bitcoin during the best of times.. because sometimes any of us can have our own limitations in regards to either how much cash we are able to get for buying bitcoin and we may not even consider it to invest into bitcoin more than a certain amount of value, and I even found myself in those kinds of dilemmas in late 2014, when I was actually considering if I might want to convert some of the allocations that I had in other investments into bitcoin, which I mostly ended up rejecting under the conclusion that I felt that I already had enough BTC.

[edited out]

So what you want to do is DCA or Buy Dip because looking at what you said here I think it's mixed between buying DCA or doing Buy Dip by waiting for the price to go down?

You have to think about this well in addition, when looking at long-term investments for bitcoin I think we should also be aware that we don't need to think about ATH for now if the goal is for the future because our goal is not ATH today especially if just starting to invest. Although ATH is now very profitable but when your target is not the current value I don't think we need to think too much and sell at ATH now because our goal is the future which does allow the price to be higher so that we are not affected by the price whether it is experiencing an increase and decrease because our goal is the future unless indeed you want to be a trader where buying when the price is cheap and selling when it is profitable only that is not an investor but a trader in the mention.

Yes a lot of folks are tempted by trading, and so of course, they are free to do what they like and sometimes the amounts that they are selling and making profits in dollars are not really even very much, but some folks want to spend their time in that kind  of a practice rather than just continuing to buy bitcoin over a whole cycle or more. .and then maybe reassessing their situation after they have spent some time building up a BTC stash.. if they have built up a BTC stash buy just engaging in various forms of buying (lump sum, DCA and buying on dips), then they likely will be more informed about what to do and/or how much capital they might want to put into trading rather than just staying in a practice of investing.

When it comes to investing, everyone expects to buy at as low a price as possible so that he can take more profit. That should be the main objective of all investments and there should be no doubt that investment success in Bitcoin can be several times higher, double or triple. This is simply by following DCA over the long term because it averages the price of your buying in the bitcoin deposit strategy, higher or dips. You want to buy bitcoins at high prices and hold them for long-term returns - but you should have bought at the lowest price and expected a return. Yes, if one buy at the closing price on December-2023 then $42k was the high for the day and 12% higher than today's Bitcoin price which is today's highest. Among them was ATH which cost more than $73k. Again, today price may be dips compared to the next day or month, so it is better to have a plan to continue on the DCA without this trouble of price.So overall you can consider the DCA strategy which is more profit than loss.

You have a weird way of describing DCA, which causes me to consider that maybe you might not really understand the advantages of employing DCA versus using some other method of buying BTC.

I don't know if laijsica understand how DCA works, and to laijsica, DCA is just a plan set by the investor to nuy bitcoin at anytime. Just like what I said in the other thread just now, https://bitcointalk.org/index.php?topic=5132720.msg64041928#msg64041928 the way funds are locked weekly or monthly to buy bitcoin is the same way applied in the DCA method but the different is that, in the DCA, you set it to buy daily, weekly, monthly ans all depend on the capability (the income) of the investor. If he works and receives pay per hours then he can set the DCA.for daily and if it is weekly then he can set it for weekly.and if it is monthly then he can set it for monthly.

Therefore there is nothing to "profit more than lose" as laijsica put it and i have bolded it. If you are to use the DCA method then you have to prepare yourself and save extra money to invest whenever the set time elapsed. DCA is to invest at anytime and not only the dip. And that will make you to acquire more bitcoin in the investment process.

Sure you can decide how much BTC you are going to buy based on when you are paid, yet surely you have to figure out your various bills too.  So maybe you have some monthly bills and some weekly bills and so you have various expenses coming due at different times and you also have your income coming in at various times too. 

I personally like the idea of beginners investing every singles week, and sure there could be ways to set the buys up automatically, or they can just manually buy each week.  So for example, if they have an income that is around $1.6k to $3.8k per month,  and most of the time they receive around $2,400, and they have expenses that are usually $1,800 to $2,200 per month, and most of the time the expenses are $2,000, then they may well be in a position that they could plan to buy $100 in bitcoin per week, but they also have to have emergency funds, reserve funds and a float, so that they are able to continue to buy bitcoin weekly even if sometimes their pay might be lower than average and if their expenses might be more than expected from time to time... so yeah, it can take a bit of time to put systems in place so that you are in charge of your own DCA amount, but then also having enough of a financial cushion so that you can do what you want in terms of sometimes buying extra.. or maybe having something like a side fund that is set aside that allows you to do $50 per week no matter what, even if there might be some months that you have low income.

[As-Soon-As]

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?

I understand that you are curious about the right time to buy or sell coins. It can be tricky to predict the market, especially with its ups and downs. But it's important to consider your own financial goal and risk tolerance and make decisions that aligns with your own investment strategy. Investing in bitcoin the main strategy is to buy and HODl for a long term. Every Dip is an opportunity to keep buying and accumulate more bitcoin never minding the ups and down because it's part of bitcoin cycle.

Investing in bitcoin is about buying and accumulating a good amount of bitcoin regardless of the price fluctuations. So instead of wishing to sell bitcoin which has a lot of potential growth, it's important to focus on buying as much bitcoin possible and keep holding on to your bitcoin. It's all about possessing a good quantity of bitcoin, When you have accumulated enough Bitcoin, it can definitely put a smile on your face during selling time. It's the reward for your patience and belief in Bitcoin's potential.

Basically what I know is that an ideal investor must divide his funds into three parts. Will invest and leave to invest, and another tiger will use the emergency fund for that.  Because a man certainly does not need a reason to face the danger that he may get sick at any time, perhaps more uniquely because people need money at any time to meet their basic needs. But if you don't have an emergency fund then you will be forced to sell your accumulated investments, in which case you are likely to lose.  Therefore, to save your bitcoin holdings, you must meet the basic needs from the emergency fund and from here you can also buy Dips on time and hold them for the day.

[Cryptoprincess101]

It happened to me recently. I bought bitcoin of 0.002335 with the some of $115 from someone and the price nod bitcoin was $63,248 and immediately i bought the coins, the price drastically reduced to $55,900 and I bought it for Short before so i have to change the short term to long term so if you are buying bitcoin, you have to put at the back of your mind that bitcoin is not a stable coin and it volatile in nature. And if you panic and sell at that time then bitcoin come up again then you will be at the losing side of the investment. Therefore whenever you are investing, you have to think of the risk management. Those who are buying with DCA also plan for long term and not for short term. And don't do panic selling and sell at the time when you have enough profit.

You see that is the reason why we shouldn't have short term mindset in the first place because even though you switched to HODL for long term due to the fact that your short term objective was countered because the price fell after you bought with the hope that the price will skyrocket immediately after buying, it's obvious you had a short term target and forgot that Bitcoin is a volatile asset that it's price can either fluctuate upwards or downwards at a particular period of time and i still put it to you that even though you diverted to a long term hodling, if the price skyrockets past the price you bought initially you will still have that feeling of selling because you may still be afraid of another dip again.

In a nutshell, what am trying to define is that we shouldn't have a short term mindset when investing in Bitcoin because even if you choose to divert to long term hodling, i doubt if you can be patient enough to allow your investment to have a good path because at some point you will still feel like selling after realizing some little profit so that is what short term investors does, it is better to have that long term goal so that you can allow your investment to grow enough before you can think of selling part of your Bitcoin if need be.

[fadhilz123]

Basically what I know is that an ideal investor must divide his funds into three parts. Will invest and leave to invest, and another tiger will use the emergency fund for that.  Because a man certainly does not need a reason to face the danger that he may get sick at any time, perhaps more uniquely because people need money at any time to meet their basic needs. But if you don't have an emergency fund then you will be forced to sell your accumulated investments, in which case you are likely to lose.  Therefore, to save your bitcoin holdings, you must meet the basic needs from the emergency fund and from here you can also buy Dips on time and hold them for the day.

Investors whose thoughts are quite ideal about the work they are going to do, will of course separate their funds into several parts so that they can do each job perfectly without any interference through anything. I quite understand what you are saying because everyone must always provide funds for daily needs and emergency funds to be able to maintain their own health so as not to interfere with the investment ownership they are currently running. Even though the job is about buying and selling in a relatively short time, if what is invested is Bitcoin, it would be better if an investor buys more than sells. Because Bitcoin ownership will always be more different from ownership of other assets.

[Bravut]

Basically what I know is that an ideal investor must divide his funds into three parts. Will invest and leave to invest, and another tiger will use the emergency fund for that.  Because a man certainly does not need a reason to face the danger that he may get sick at any time, perhaps more uniquely because people need money at any time to meet their basic needs. But if you don't have an emergency fund then you will be forced to sell your accumulated investments, in which case you are likely to lose.  Therefore, to save your bitcoin holdings, you must meet the basic needs from the emergency fund and from here you can also buy Dips on time and hold them for the day.

Investors whose thoughts are quite ideal about the work they are going to do, will of course separate their funds into several parts so that they can do each job perfectly without any interference through anything. I quite understand what you are saying because everyone must always provide funds for daily needs and emergency funds to be able to maintain their own health so as not to interfere with the investment ownership they are currently running. Even though the job is about buying and selling in a relatively short time, if what is invested is Bitcoin, it would be better if an investor buys more than sells. Because Bitcoin ownership will always be more different from ownership of other assets.

Before the ownership you're talking about, one must have accumulated to a certain stage but also depends on how the holder views it that will determine the value he equally gives it. Just as some view Bitcoin as just a Tradable coin while other a valuable asset like gold,diamond.
In this case, the one who sees it as an  Asset will take the investment seriously, implementing ways he go about it without being trapped thus having emergency funds, and other securities that can facilitate his accumulation process.

Buying ot selling comes in after you have reached a stage of were your accumulated Bitcoin is worth it maybe after a period of 4-10 years then you are already sure of how portfolio is running, and can sell part and still accumulate depending on your plan.