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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 12647 times)
Promocodeudo
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September 29, 2024, 11:45:46 AM
 #1621


There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opportunities of accumulating enough Bitcoin, but for Bitcoin proper investment we should not only rely on the market dip before accumulating Bitcoin
When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.

Buying at the dip is actually good who's investor doesn't want to maximize their potential profit right? But in case of volatile feature of the bitcoin this situation is hard to spot on. Although there are times that those dip occur but there are people got confused if they are going to buy or continue to wait for more.

This situation really sucks since after more dumps to come those doubt feeling will usually come to them and if they decide to pass then they are just wasting their time for waiting the best position to buy. We need to avoid this kind of doubts that's why DCA is introduce to minimize the pressure towards their accumulation since by doing this strategy it eliminate those thoughts that they should buy for dip since they have certain programs to follow. To many people really fail for to much waiting since they usually missed out those good opportunities where there's a chance for them to start and think about their possible next move. To much waiting kill their interest and usually if they get confused they decide not to much. So don't be a person like that and always choose the best approach.

The more reason why people shouldnt wait for the dip to come before the start accumulating  is because the dip may not come as the plan so why waiting for something that you don't control or may discourage you as the case may be, sometimes when I hear some people talk about buying when the price of Bitcoin dips, I got surprised because if that season were to be the only period to buy Bitcoin, @JayJuanGee would have not been stressing on DCA method this much,  I think people should understand that Bitcoin is a volatile asset as such you don't expect the price to suit your curiosity before you can invest in it, this is more reason why intending investors should be ready to buy at anytime irrespective of what the price says at all time because what matters is the amount of Bitcoin you have in your custody.

If am to advise newbies, instead of waiting for the dip to come, why not keep DCAing with the little you can continuously and efficiently without stress then once the dip comes you can buy in large amount and continue your DCA immediately since we understand that the best time to buy in lump sum is during the dip but not the only time to buy with the lump sum strategy,
Excuses should not be entertained in Bitcoin investment because most times it ends with regret, investment should be a smart thing and risk is part of investment,  in Bitcoin we have seen that most people has always talk about price that's been controlled by volatility instead investing and allowing the Bitcoin concept to take its due cost thats capable of reshaping the market in favouring investors and mostly hodlers.

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SOKO-DEKE
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September 29, 2024, 03:40:43 PM
Merited by JayJuanGee (1)
 #1622


There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opportunities of accumulating enough Bitcoin, but for Bitcoin proper investment we should not only rely on the market dip before accumulating Bitcoin
When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.

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Ruttoshi
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September 29, 2024, 04:18:15 PM
Merited by JayJuanGee (1)
 #1623


Investing is not about when is the right time but when you start it is the right time.
For example, if you have thousands of dollars but you are still hesitant to start it, that's where you are wasting your time.
But if you have money and immediately buy bitcoin then that's where the time you have you have used as the right time to start investing.
A brilliant idea to start investing.
Arrange your investment planning well for a long time.
Don't hesitate to keep buying, because at the same time there are still many people who hesitate so they are left behind by time and they continue to be left behind.
Right time is like a limitation
It's how you know one who isn't ready yet to start accumulating.
Is not that there isn't a right time but how can we tell when and which is a right time.
We can't predict the future, so the best is to make do with your current than deniably Procrastinating.

You start waiting for right times when you have accumulated to a fuck the future level or very satisfactory
But having nothing or barely any and you waiting for the right time?
That's just accumulating pills for regrets.
The right time was yesterday but because you were not opportune to invest at that time, thw right time becomes now and not tomorrow because people who put their hopes on the dip is like they are not remorse that they couldn't take advantage of investing early and that is why they want to waste more time waiting for the dip that even if it comes, they will give excuses that the price will still go dipper and they will not still buy.

Now that we are on this current price of bitcoin some procrastinators will still prefer to keep waiting for the dip whereas, the dip came they did not buy any bitcoin. The dynamics behind bitcoin price should have been a lesson for new investors waiting for the dip that there's a certain price level that if bitcoin goes above, it might not come back to such price and that is why they should be happy that they have the money to invest and build their bitcoin investment gradually with DCA buying regularly without stopping overtime. I

nstead of thinking that they are smart by waiting for a dip that may occur or not and they have no idea when such will happen. What is funny to me is that even if the bear market comea, dip waiters might not buy and will want the price to go dipper to their own price that might will not be possible.

New investors shouldn't deceive themselves with buying at the dip to get started because it will snatch the opportunity that the market is giving to them, unknown to them.

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Wonder Work
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September 29, 2024, 05:59:34 PM
 #1624

Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed.

Why is learning to trade the most important thing?, why go through so much learning and critical thinking just to know trading when you can even use those moment to invest on Bitcoin, however like you explain, it takes years of learning technical analysis of Bitcoin, so let's say the number of years that will take to really understand it is 4 years, so this means that you have not achieved any Bitcoin in this number of years, so perhaps you can imagine the number of Bitcoin you would have accumulated within that four years if you had chosen to invest onBitcoin instead because if for instance you are using $30 weekly to invest on Bitcoin you would realize that in that 5years you would accumulated Bitcoin worth up to $7,826.79 instead of learning something that would still make you to lose on the process.
You're right here. I wonder why he would choose to go all through this stress and torment of learning trading when he can easily start an investment in just a few weeks of understanding Bitcoin investment. Most times I just see that a lot of people do not like their peace of mind. After seeing the experience of someone close to me who has gone through hell in trading. To date, it has been difficult for him to recover from the loss. Investing is better off than trading. It reduces the risk of losing our assets so quickly. The only time we may experience loss in investing in Bitcoin is when we sell at the wrong time or when the value of our asset has dropped. Even if the prices reduce a little it still returns back after some time and that is how the market was designed for.
when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you, investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment
Yes I noticed that. When the trading factory came, many of them became self-sufficient in the beginning, but it was seen that many could not be self-sufficient. Many have lost so much that they could not recover that loss. Again it can be seen that it is doing fairly well depending on the trading. In fact, there is a need to analyze the trading thing, Cheriya Aslam.

The trading stuff sounds great but there's a lot of grunt inside. Learning about chatting also requires a lot of analysis and knowing a lot about market prediction. Learning how to calculate well is all in all, trading is a very difficult thing. Although difficult but if you learn it well then it will not be a problem and even if it is a problem it will not do you much harm in the long run. If one comes to the chatting sector, first he must know well, read, understand and then think about it.

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Ambatman
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September 29, 2024, 09:07:41 PM
Last edit: September 29, 2024, 10:15:09 PM by Ambatman
 #1625


The trading stuff sounds great but there's a lot of grunt inside. Learning about chatting also requires a lot of analysis and knowing a lot about market prediction. Learning how to calculate well is all in all, trading is a very difficult thing. Although difficult but if you learn it well then it will not be a problem and even if it is a problem it will not do you much harm in the long run. If one comes to the chatting sector, first he must know well, read, understand and then think about it.
Trading requires an analytical mind, good emotional control and lots of luck in my opinion
Especially those that graduates from spot trading to future trading of shitcoins.
No matter how beautiful the chart is
A shitcoin is still a shitcoin
With skill you can benefit from it alot in the short run but might get burnt in the long Run.
I'm not saying trading isn't profitable but it's like riding on a bumping road with Good speed
Rather than going Normally in a smooth road.
The issue about the bumpy though you going in a faster speed with bumps there's a likelihood you might get stuck.

Mind you a trader can sell in a loss but an Hodler Would wait for the phase to pass you.
Mind you, I meant Bitcoin Holding not shitcoins.

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September 29, 2024, 09:13:02 PM
 #1626

[edited out]
The more reason why people shouldnt wait for the dip to come before the start accumulating  is because the dip may not come as the plan so why waiting for something that you don't control or may discourage you as the case may be, sometimes when I hear some people talk about buying when the price of Bitcoin dips, I got surprised because if that season were to be the only period to buy Bitcoin, @JayJuanGee would have not been stressing on DCA method this much,  I think people should understand that Bitcoin is a volatile asset as such you don't expect the price to suit your curiosity before you can invest in it, this is more reason why intending investors should be ready to buy at anytime irrespective of what the price says at all time because what matters is the amount of Bitcoin you have in your custody.

If am to advise newbies, instead of waiting for the dip to come, why not keep DCAing with the little you can continuously and efficiently without stress then once the dip comes you can buy in large amount and continue your DCA immediately since we understand that the best time to buy in lump sum is during the dip but not the only time to buy with the lump sum strategy,
Excuses should not be entertained in Bitcoin investment because most times it ends with regret, investment should be a smart thing and risk is part of investment,  in Bitcoin we have seen that most people has always talk about price that's been controlled by volatility instead investing and allowing the Bitcoin concept to take its due cost thats capable of reshaping the market in favouring investors and mostly hodlers.
[/quote]

You seem to be contradicting yourself Promocodeudo, especially since you are proclaiming that DCA is the best of strategies for newbies, yet at the same time you are saying that there is a need to have money available for buying BTC on dips and also to be able to lump sum buy on dips.

If a bitcoin newbie is actually employing active and aggressive DCA, then he is not going to have any money left for buying on dips, and especially he is not going to have lump sum amounts available that he would be saving for buying on dips.

Sure there are ways to combine the strategies, and even newbies could choose to hold back some value for buying on dips, and anyone could receive a lump sum amount of money at any time, and they could be fortunate that the lump sum amount comes during a dip period, yet even with the dip period, we cannot necessarily know if the dip is done or if there might be more dip coming.

I personally believe that folks who front load their BTC investment are in a better position to hold back value to buy on dips, yet at the same time, so many folks are not in a position to be able to front load their investment into BTC, so likely the better of the strategies available to them is to attempt to get their cashflow in such a strong position (including having back up funds) so that they are able to DCA in as aggressive way as they are able to do without going beyond their discretionary income... and so if they are not quite sure about the amount of their discretionary income, they might choose to be a bit less aggressive with their DCA amounts in order to allow room for error.. another thing that they could do is to have whatever amount that they are buying each week and attempt to buy on dips with that amount, even though that might be a bit of a waste of time, yet some folks might get some satisfaction to be trying to buy on the dip each week, and then if the end of the week comes and they had not used all of their authorized amount, they would just use all of that amount at the end of the week to buy and then to perhaps then receive a new  DCA allowance amount for the next week.  These are ways to attempt to help newbies to become more interactive with their BTC buying, yet it may not make very much difference in terms of lessening their average cost per BTC and/or increasing the size of their BTC stash.

[edited out]
Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.

Focusing on ongoing buying of BTC also likely puts a person in a better kind of a mindset, including that he is likely going to end up accumulating more BTC than others who are more calculating and/or hesitating about buying, even if the aggressive and persistent guy might end up having higher costs per BTC, he seems to be quite more likely to end up with more BTC which would likely end up putting him in a better position further down the road.. and yeah, it is not guaranteed, even though surely bitcoin does seem to be a great place for any of us to be putting value as long as we do not overdo it so much that we end up recking ourselves due to our failure to figure out an appropriate level of balance and/or aggressiveness.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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September 29, 2024, 09:22:29 PM
 #1627


There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opportunities of accumulating enough Bitcoin, but for Bitcoin proper investment we should not only rely on the market dip before accumulating Bitcoin
When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
Bitcoin investing requires consistency and regular buy so when people centralize their thought on buying the dip only doesn’t sound okay. Buying bitcoin dip is okay but we don’t know when the dip will come and what will happen to our financial status during the period, holding fiat just because of bitcoin dip is only reducing one chance of benefiting since fiat don’t have much value compared to bitcoin. I love the dca strategy because it can be used during the dip at any time gradually accumulating bitcoin till when there’s enough to buy dip, As mentioned before bitcoin investment requires long term planning for better portfolio.

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September 29, 2024, 10:39:36 PM
Merited by JayJuanGee (1)
 #1628


You seem to be contradicting yourself Promocodeudo, especially since you are proclaiming that DCA is the best of strategies for newbies, yet at the same time you are saying that there is a need to have money available for buying BTC on dips and also to be able to lump sum buy on dips.

If a bitcoin newbie is actually employing active and aggressive DCA, then he is not going to have any money left for buying on dips, and especially he is not going to have lump sum amounts available that he would be saving for buying on dips.

Sure there are ways to combine the strategies, and even newbies could choose to hold back some value for buying on dips, and anyone could receive a lump sum amount of money at any time, and they could be fortunate that the lump sum amount comes during a dip period, yet even with the dip period, we cannot necessarily know if the dip is done or if there might be more dip coming.


@JayJuanGee thanks for clarifying me on this, I now understand that lump sum amount can be received at anytime not necessarily during the dip though the investor can be lucky to receive a lump sum amount during the dip, I stand to be corrected, I forgot that once an investor is using DCA method aggressively to accumulate Bitcoin, he or she will be left with no spare amount of money to buy during the dips since the method permit us to buy anytime including the dips and there won't be means to save up a lump sum amount to buy during the dips too unless the lump sum amount was dashed from friends,family unexpectedly or from business which may not also be during the dips.

Yea that true, no one can ascertain if the dips is done or not as you said and thats more reason why people shouldn't wait further delay their journey in Bitcoin investment, the statement I made earlier was as result of not knowing that that there is no need for a newbie or anyone applying DCA method aggressively to think of buying the dips since DCA method allow us to buy continuously steadily and slowly including during the dips and when the price soars.





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Taskford
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September 29, 2024, 10:49:16 PM
 #1629

When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
Bitcoin investing requires consistency and regular buy so when people centralize their thought on buying the dip only doesn’t sound okay. Buying bitcoin dip is okay but we don’t know when the dip will come and what will happen to our financial status during the period, holding fiat just because of bitcoin dip is only reducing one chance of benefiting since fiat don’t have much value compared to bitcoin. I love the dca strategy because it can be used during the dip at any time gradually accumulating bitcoin till when there’s enough to buy dip, As mentioned before bitcoin investment requires long term planning for better portfolio.

Usually people got hook on the idea on the idea that bitcoin investment is pretty basic like they are just going to buy at the dip then sell and high price then get a profit. But technicalities speaking those situation they are looking for is not actually always possible. If they are looking for those situation then its like they are doing a risky game in trading.

If they just look for other more opportunity they can avail on bitcoin then provably that they could figure out for themselves that there's more better than trading which is holding. Bitcoin is good for that and it proves for many years already that people hold their bitcoins gained from it and those who trade without good knowledge or usually lose their money. Consistency and strong belief is important since without having this there are certain events that could change our minds so learning thru the whole process is important since this will give the investor huge chance to succeed on his long term planned with bitcoin.

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Cryptoprincess101
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September 30, 2024, 04:13:21 AM
 #1630

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opport
Bitcoin investing requires consistency and regular buy so when people centralize their thought on buying the dip only doesn’t sound okay. Buying bitcoin dip is okay but we don’t know when the dip will come and what will happen to our financial status during the period, holding fiat just because of bitcoin dip is only reducing one chance of benefiting since fiat don’t have much value compared to bitcoin. 

DIPs presents opportunity to buy bitcoin at lesser prices but it don't mean it's actually the best time of accumulations. Bitcoin is still undergoing growth since we are expecting the price to experience more significant increase in the future so it will be unprofessional for someone to wait until a DIP comes before they accumulate, when they can basically start making accumulations at any price point and allow their investment to experience growth if they can HODL for a long time.

I love the dca strategy because it can be used during the dip at any time gradually accumulating bitcoin till when there’s enough to buy dip, As mentioned before bitcoin investment requires long term planning for better portfolio. 

The DCA strategy has already been discussed severally as the best method of accumulating bitcoin since it gives an investor the ease of owning an investment with the little amount they have and grow their portfolio through relentless buying at different price points within different interval of time and not only about having the privilege of buying at DIP prices. A bitcoin lover and a long term hodler buys at any price at all and not necessarily wait for a DIP before they can buy bitcoin.

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September 30, 2024, 04:27:42 AM
 #1631

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.

I personally feel that people who cannot think long term should not invest in BTC. And those who think long term only invest in BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.

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September 30, 2024, 07:18:34 AM
 #1632

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.

I personally feel that people who cannot think long term should not invest in BTC. And those who think long term only invest in BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.

Bitcoin investment profits yield overtime after a  long term process of building with commitment, dedication and discipline in other to avoid or not  falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.

Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.
cryptoWODL
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September 30, 2024, 08:09:24 AM
 #1633


There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opportunities of accumulating enough Bitcoin, but for Bitcoin proper investment we should not only rely on the market dip before accumulating Bitcoin
When Bitcoin dips in the market, it will be seen as an opportunity for some. But if one waits only for that dip he may not find that dip. Investors need to remember that it doesn't matter if Bitcoin dips or not if the intention is right. Those who want to increase their Bitcoin accumulation will definitely be able to increase their Bitcoin accumulation in the long run if they keep accumulating Bitcoins regularly. Investors should keep in mind that many investors have failed to deposit their bitcoins just by waiting for the dip. Since you never know when bitcoin will go up and when it will be bullish, the best strategy is to accumulate bitcoins not dips.
That is why the mentality of buying immediately and buying regularly is necessary instead of waiting for dips in the market. The price of each coin in the cryptomarket is volatile, causing the market to fluctuate constantly. If we have enough money to invest, we can invest it in several ways. For example, some part can be used for regular purchases i.e. immediate purchases and some parts can be used only for dip purchases. Maybe it's best for us instead of waiting for dip season all the time.

As you said many people fail to invest by waiting for the dip season, basically the only reason is that the market has gone up instead of what they wanted so they can't invest anymore. It creates a favorable situation for investors if the market dips while accumulating bitcoins by regular purchases. But it is not at all advisable to wait for dip period instead of regular investment.

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sotelorene
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September 30, 2024, 12:40:48 PM
 #1634

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.

I personally feel that people who cannot think long term should not invest in BTC. And those who think long term only invest in BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.

Bitcoin investment profits yield overtime after a  long term process of building with commitment, dedication and discipline in other to avoid or not  falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.

Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.

Dude you are sounding like trading is a crime which is very wrong and again the way you are emphasizing on it can make someone who's into trading look stupid. So I will suggest you keep this kind of discussion low or better still leave it because that isn't what are we supposed to be discussing here, after all I have seen someone who's trading and at same time doing investment and trust me everything is going smoothly for him and I keep asking myself how is that possible and then realized that everything is about mindset and having the ability to make it work. not that he doesn't make loss off cause he do make loss.

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September 30, 2024, 01:41:47 PM
 #1635

Bitcoin investment profits yield overtime after a  long term process of building with commitment, dedication and discipline in other to avoid or not  falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.

Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.

Dude you are sounding like trading is a crime which is very wrong and again the way you are emphasizing on it can make someone who's into trading look stupid. So I will suggest you keep this kind of discussion low or better still leave it because that isn't what are we supposed to be discussing here, after all I have seen someone who's trading and at same time doing investment and trust me everything is going smoothly for him and I keep asking myself how is that possible and then realized that everything is about mindset and having the ability to make it work. not that he doesn't make loss off cause he do make loss.

There is one thing that we all need to understand about the aspect of bitcoin trading and bitcoin investment. These two things are very different because bitcoin trading is more complicated and long-term bitcoin investment is just a true fact, and we all know that the best way to get a better profit in bitcoin is through long-term bitcoin investment. 
 
But you say that you will focus on both; you will just affect your thinking and mindset. I know that all humans are not equal, so bringing an example of someone who is engaged in both bitcoin trading and bitcoin investment doesn’t determine whether it will work for everyone. That is what EclipseXcrypto is trying to make you understand, especially if you really want to achieve a better profit in bitcoin. So I see no reason why you will come and be challenging each other because the truth is already there and it will never change. 

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September 30, 2024, 02:58:23 PM
 #1636

~
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.

I personally feel that people who cannot think long term should not invest in BTC. And those who think long term only invest in BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.

Bitcoin investment profits yield overtime after a  long term process of building with commitment, dedication and discipline in other to avoid or not  falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.

Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.

Dude you are sounding like trading is a crime which is very wrong and again the way you are emphasizing on it can make someone who's into trading look stupid. So I will suggest you keep this kind of discussion low or better still leave it because that isn't what are we supposed to be discussing here, after all I have seen someone who's trading and at same time doing investment and trust me everything is going smoothly for him and I keep asking myself how is that possible and then realized that everything is about mindset and having the ability to make it work. not that he doesn't make loss off cause he do make loss.

I don't see anything wrong in what they're saying, trading is very risky and not a good ways of accumulating Bitcoin and that's a fact, it's not something new investors should embark on cause of the high risk factor involved in it, someone that's thinking long-term shouldn't pick trading as an option cause it has short-term goals and the investors could lose more than they're trying to accumulate. That's why they advised that people thinking of accumulating enough Bitcoin without losing out completely should think long-term then use good method like the DCA and it's kind to help on your investment journey and not trading. People who involve in trading are doing it at their own risk and moreover you don't lose completely when buying and holding Bitcoin for long-term, you'll lose based on volatility and still recover your lose so far you're buying periodically.

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September 30, 2024, 03:04:07 PM
 #1637

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.

I personally feel that people who cannot think long term should not invest in BTC. And those who think long term only invest in BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.

Bitcoin investment profits yield overtime after a  long term process of building with commitment, dedication and discipline in other to avoid or not  falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.

Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.

Dude you are sounding like trading is a crime which is very wrong and again the way you are emphasizing on it can make someone who's into trading look stupid. So I will suggest you keep this kind of discussion low or better still leave it because that isn't what are we supposed to be discussing here, after all I have seen someone who's trading and at same time doing investment and trust me everything is going smoothly for him and I keep asking myself how is that possible and then realized that everything is about mindset and having the ability to make it work. not that he doesn't make loss off cause he do make loss.
I don't think his descreption about trading look like what you presume. In my understanding what he said is right and I didn't see anything wrong when someone is describing trading and  how he feels about it. We all have our worst past experiences in trading and what shitcoin has done to most of us, and we feel beaterd and try to explain to people about the dangers and bad experience we once had. For me anyone can fuck around with trading and shitcoin but for me accumulating and HODLing bitcoin is the way forward. I don expect this kind of statement from you @sotelorene, you are a regular poster of this thread, you should know better about the dangers and risk involved in it.

Repent you'll hell is real
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September 30, 2024, 03:16:05 PM
 #1638

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.
If you are looking for quick profits, you might be disappointed with bitcoin because it does not always come when you expect it. So instead of putting your mind on seeing profits quick, why not change your mindset and buy to really hold for years? That way you will not be eager to see profits even when you know that profits will always come with investing in bitcoin. The urge to see profits so fast can only lead you to making mistakes like waiting for the bottom which you cannot always know and thereby missing to buy or buying with FOMO. The best is always to adopt any of the systematic way of buying such as the DCA method, buying the dips or lump sum buy or even a combination but in all of them, you must set your mind right that you will be holding for a long time because that is the peaceful way of realizing maximum profits from bitcoin.

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September 30, 2024, 03:39:27 PM
 #1639

Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.
If you are looking for quick profits, you might be disappointed with bitcoin because it does not always come when you expect it. So instead of putting your mind on seeing profits quick, why not change your mindset and buy to really hold for years? That way you will not be eager to see profits even when you know that profits will always come with investing in bitcoin. The urge to see profits so fast can only lead you to making mistakes like waiting for the bottom which you cannot always know and thereby missing to buy or buying with FOMO. The best is always to adopt any of the systematic way of buying such as the DCA method, buying the dips or lump sum buy or even a combination but in all of them, you must set your mind right that you will be holding for a long time because that is the peaceful way of realizing maximum profits from bitcoin.
Not just Bitcoin, but every investment is very important to hold for long term. In case of DCA method the investment must be held for a long period of time and regular investment should be continued along with holding. Investing in DCAing method we don't get much loss from short term fall of Bitcoin, like two days ago Bitcoin price was 67K and now Bitcoin price is 63K, but it will not affect our holdings negatively as we continue to invest in Bitcoin regularly. And at the price of 67K we are getting more bitcoins by investing the same amount of bitcoins we would have invested right now, because now Bitcoin is worth 63k, as a result our portfolio of holdings is also growing. So if we continue to invest in Bitcoin in DCA method, the short term decline of the market is more beneficial for us, and if we hold it in the long term, it will continue to grow slowly and in the future it will increase our portfolio a lot from which we can take our financial situation much further in the future.
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September 30, 2024, 06:11:29 PM
Merited by JayJuanGee (1)
 #1640


Dude you are sounding like trading is a crime which is very wrong and again the way you are emphasizing on it can make someone who's into trading look stupid.
It hasn't been said that trading is a crime, I think you are just the person making that up. I think that the message he was trying to pass across to you is that a valuable asset like bitcoin shouldn't be subjected to gambling in the name of trading. It should be something that if you manage to accumulate it, you should hold it for a long time.


Quote
after all I have seen someone who's trading and at same time doing investment and trust me everything is going smoothly for him and I keep asking myself how is that possible and then realized that everything is about mindset and having the ability to make it work. not that he doesn't make loss off cause he do make loss.
Someone who is an addicted trader can hardly keep his or her bitcoin for long term. Because the moment he sees a little profit from the one he said he is holding for long, that trading mindset of quick profit will set in and make him sell it off, with the hope of replacing it later. As a trader you will find it difficult hold bitcoin for long the way a long term investor will hold it. There is no in-between it's either you are a trader or an investor. So let's stop deceiving ourselves. When we say long term we ain't just talking about one or two years here, we are looking at somewhere between 10 -20 years and above. Someone who already has the trading blood in him will struggle to hold bitcoin that long. No matter how you try to refine it, a trader is a trader.

R


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