Buy Buy Buy or Sell Sell Sell?

[noormcs5]

I won't really say that people didn't know that bitcoin price will get to the $124k it got to, because there has been many speculations that were already ongoing that bitcoin was going to hit $100k and above because of the massive adoption from various government and private institutions. The signs were already there that bitcoin was going to hit that price and even go beyond it. If not for the unrest (war) and threats of war between some strong nations that has been going around the world, bitcoin would have gone beyond $124k we witnessed so far.

Yeah most of the influencers were bearish and they didn't believe in this pump. I could hardly recalled any who have given the prediction that market will be all time high in early October.

Also we had the US government shutdown and many were predicting it a bearish event but it turned out to be otherwise. No I am hearing that people are saying that the longer the US government remains shutdown, it will bring uncertainty in the market and that can bring the prices down once again. I am not sure if this narrative will play out or shall we keep pumping to 130K and more  

[Lembo69]

Bruh, you actually sound more like a trader, instead of a long term investor the way you’re talking about it.

Yes you are right, a trader decides to sell only when he gets a small profit and tries to buy more bitcoins during the decline. But an ideal investor always waits to see the end of the cycle.
And he tries to hold for a longer period as much as possible. He wants to see at least 2-3 cycles of decline.

However, a trader has a plan that he will sell his bitcoins when he gets a small profit from his purchase price.
So there is a lot of difference between an investor and a trader

Thinking about how low the price of bitcoin was last year and how high it will go in the future may create fear in the mind of a new investor, which will affect his investment. So explore negative thoughts and see how much higher it is now than the previous price.
Although no one knows the market price of bitcoin, investors believe that they will get a large amount of profit from their investment in the future. And this thought makes their investment consistent and sustainable

[Derekfunds]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin. Because by investing long-term, during the accumulation process we don't need to bother thinking about rising or falling prices. Because basically our job is just to continue to accumulate bitcoin using the discretionary funds we have, until our target is actually achieved. I think doing that is much better than having to be a trader who must always monitor the market and wait for a price drop when buying.

Bruh, trying to time the market will only stress you, you can’t knows when Bitcoin will rise or fall. The best thing is just to keep stacking your BTC little by little when you can and stay consistent...  Long term holding makes more sense, especially if you believe in Bitcoin future.. 
Trading might look exciting, but it is not easy to get the perfect entry or exit..  For me, I would rather focus on building my stack and not worry too much about short term price movements, because it drains..

What some people don't understand is that, the energy they put in timing the market, if they should put such energy in accumulating Bitcoin they will actually go a long way In their Investment, that energy they are using to time the market is a waste because after timing the market, the price of Bitcoin will still move towards any direction without minding the speculation and the direction the timers expected. So instead of wasting this valuable time, why not such people just invest in Bitcoin and worry no more about Bitcoin price and directions.

[icebar]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin. Because by investing long-term, during the accumulation process we don't need to bother thinking about rising or falling prices. Because basically our job is just to continue to accumulate bitcoin using the discretionary funds we have, until our target is actually achieved. I think doing that is much better than having to be a trader who must always monitor the market and wait for a price drop when buying.

Bruh, trying to time the market will only stress you, you can’t knows when Bitcoin will rise or fall. The best thing is just to keep stacking your BTC little by little when you can and stay consistent...  Long term holding makes more sense, especially if you believe in Bitcoin future.. 
Trading might look exciting, but it is not easy to get the perfect entry or exit..  For me, I would rather focus on building my stack and not worry too much about short term price movements, because it drains..

It is uncertain to make a profit from trading. Even if a trader makes a temporary profit, there is no guarantee that he will make a long-term profit, but if a Bitcoin holder keeps depositing Bitcoin regularly, he can own a large part of Bitcoin at one point. I have seen coin traders I know who are very focused on trading. They are very happy when they make a small profit, but when they lose, they get emotional. When the price of Bitcoin rises and falls, the trader's mental state also falls greatly. In the long run, all the traders I know are regretting it because if they had just held Bitcoin, they could have made a profit.

[Cyber_warrior]

Long-term investment does not mean that you buy Bitcoin at a low price and sell it when you make some profit. If you have such an idea in your mind, then compare it with trading instead of investing.

If you are buying bitcoin when the price is low, and you sell back when the price increases , then that means you are a trader, if you claim to be a investor, then you just deceiving because that’s not how investment works, if you are plant to invest in bitcoin, then your intention is suppose to be a long term investment, but if you are buying bitcoin, then after small profits you will sell, then just call yourself a trader.

Investors are not always moved by little profits which they make, then are noticed by the little changes in bitcoin price, so even if you are planning to hold for long term, then you don’t have to be selling when you are in little profits. Long term investors leave their bitcoin in wallet for years, so when there is a slight changes in price, they are not moved.

[Pjcr7]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase while an investor will focus on the long term benefits and not the short term and this will result them in to consideration every time or condition of the market as an opportunity to increase the quantity of their Bitcoin as they buy all the time be it when the price is high or low and this is the best approach because, Bitcoin is for long term investment and not good for short term ( trading) buy when in high or low with dollar cost averaging.

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

[Sonia_123]

.

If a person starts investing by acquiring only basic knowledge and then if he continues investing without acquiring any more knowledge, then he may collapse after a while. For example, due to lack of proper financial management, due to wrong decisions about investment, etc. Therefore, it is very necessary for a person to gain knowledge after investing.

What you are saying here is very true, basic knowledge alone about Bitcoin is not enough for a Bitcoin investor to have an be successful on the longer run, what all Investors are advice to do after starting is to seek for more knowledge on Bitcoin and what needs to be done to hold effectively, like having an emergency and reserve funds in place so that if for any reason an emergency situation arises in the future, you wouldn't have to fall back to your investment for survival or dip hands into your investment just to sorts out one emergency needs.
Lack of the right knowledge is mostly the brain behind most Investors failing in their investment, that's why going for more knowledge on Bitcoin is very much fundamental to the success of your investment.

It’s as simple as you just require little knowledge before starting bitcoin, I don’t think it’s will be a good idea for you to wait to get all the knowledge in the world about bitcoin before you could get started, you can as well start investing in bitcoin and then you can start gaining more knowledge along the line as you’re learning, I know so many people have different preferences when investing in bitcoin, the most important is a strategy that could best work for an individual most especially getting started is very important and crucial when investing in bitcoin for a long term purpose.

We should also understand that Bitcoin investment is very different from trading and so in Bitcoin investment you don't need to know everything before investing as that may not even be possible to gather all the necessary knowledge or know everything about Bitcoin investment before venturing into it. At a start all one need is just to know how to split your income into various section or parts and then know how to accumulate or buy your Bitcoin from your discretionary Income, using a wallet that best suit you and also ensure to keep your seed phrase safe and every other thing will be learn later as the person progresses.

When you say one doesn't need to know everything about bitcoin because there may not be enough time to gather all the necessary knowledge about bitcoin it gets me very confused because those vital informations involved in Bitcoin is what one requires to venture into Bitcoin diligently and I think neglecting them could be disastrous at the long run, if an individual must make profit he has to have the requisite knowledge about Bitcoin to maximize his or her chances of making profit and not losses.

The first basic knowledge you need to understand is that bitcoin is a decentralized currency, meaning no third part involved that can't be controlled by any one which makes your money safe and only you have access to it.

Secondly, learn and understand blockchain and cryptocurrencies properly so that you will not make mistake in making your choice to invest.

Thirdly chose a good and reputable exchange that can secure your funds when buying and selling your coin, and lastly set up and chose a secure wallet for storing your coins and then start investing,but remember, that in investing in bitcoin the best strategy to begin with is the dca using your discretionary income, no matter how little it is, it is better you start gradually and grow big also in knowledge than waiting for a bigger money to start with, bitcoin makes it so easier and simple to start investing with for everyone, until you know you are financially ready to upgrade to the next strategy of lump sum which you can now decide to adopt.

[Finebone]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase while an investor will focus on the long term benefits and not the short term and this will result them in to consideration every time or condition of the market as an opportunity to increase the quantity of their Bitcoin as they buy all the time be it when the price is high or low and this is the best approach because, Bitcoin is for long term investment and not good for short term ( trading) buy when in high or low with dollar cost averaging.

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

Waiting only for the dip before buying is one bad way to accumulate Bitcoin, since you may likely miss a whole lot of buying opportunity, but the most terrible and stupid idea is getting involved or gambling with shit coin thinking that you are investing, No that's not an investment to me because it's pure gambling, since the possibility of you losing your money is way more higher than the possibility of making money out of it.
So I can only advice you to stop wasting your time and effort f**** around with shit coin with the false hope of making something out of it.

[SilverCryptoBullet]

Waiting only for the dip before buying is one bad way to accumulate Bitcoin, since you may likely miss a whole lot of buying opportunity, but the most terrible and stupid idea is getting involved or gambling with shit coin thinking that you are investing, No that's not an investment to me because it's pure gambling, since the possibility of you losing your money is way more higher than the possibility of making money out of it.
So I can only advice you to stop wasting your time and effort f**** around with shit coin with the false hope of making something out of it.

It is not truly bad way of accumulation if you have your clear mindset and plan of accumulation with dips, and you never hesitate to buy in dips when dips occur. The problem with most of people is they wait for dips, wait for a long time but when dips come they hesitate, feel uncertain on what's next, feel fearful and they refuse chances of dip purchases.

If you actually wait for dips and determinantly buy in dips, that's good. It's better than people who buy with FOMO only.

However, I don't forget to emphasize that it's hard to find bottoms, time the market so Dollar Cost Averaging is a better accumulation strategy as you will not have to mind about analysis for bottom, when it happens.

[Loyang]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase while an investor will focus on the long term benefits and not the short term and this will result them in to consideration every time or condition of the market as an opportunity to increase the quantity of their Bitcoin as they buy all the time be it when the price is high or low and this is the best approach because, Bitcoin is for long term investment and not good for short term ( trading) buy when in high or low with dollar cost averaging.

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

Your comment is very misleading. For example, a new person may get involved in trading instead of long-term investment. A person should always invest in a long-term perspective. If a person invests in a short-term perspective, the risk of losing money is much higher. If a person holds his holdings in a long-term perspective, the possibility of profit is higher.

Waiting for a fall is never a good idea. It would be better for a person to continue buying continuously by adopting the DCA method based on his discretionary income. If a person does not do this and waits for a fall, then he may never be able to buy. Because the person who waits for a fall thinks that when the price of Bitcoin drops to $90,000, he will buy. If it does not happen, then he will never be able to buy. So it is better for a person to always continue buying by adopting the DCA method.

[Silikiem]

Waiting only for the dip before buying is one bad way to accumulate Bitcoin, since you may likely miss a whole lot of buying opportunity, but the most terrible and stupid idea is getting involved or gambling with shit coin thinking that you are investing, No that's not an investment to me because it's pure gambling, since the possibility of you losing your money is way more higher than the possibility of making money out of it.
So I can only advice you to stop wasting your time and effort f**** around with shit coin with the false hope of making something out of it.

It is not truly bad way of accumulation if you have your clear mindset and plan of accumulation with dips, and you never hesitate to buy in dips when dips occur. The problem with most of people is they wait for dips, wait for a long time but when dips come they hesitate, feel uncertain on what's next, feel fearful and they refuse chances of dip purchases.

If you actually wait for dips and determinantly buy in dips, that's good. It's better than people who buy with FOMO only.

However, I don't forget to emphasize that it's hard to find bottoms, time the market so Dollar Cost Averaging is a better accumulation strategy as you will not have to mind about analysis for bottom, when it happens.

This narrative sounds a bit unclear and misleading and very contradictory especially to the newbies who are still in their accumulation stage and haven’t gotten to their stage of over accumulation. The truth is everyone is glad when they accumulate bitcoin in a more lower price, but it’s very wrong to intentionally wait for the period of time when the market price is low before accumulating bitcoin. For a long term bitcoin investor who is still in his accumulation stage, it’s not a good investment mindset or strategy waiting for the dip before accumulating and investing in bitcoin, such mindset is only a trading mindset who’s only in for a quick profit and such people panic to sell whenever they notice a little downturn in the market price as it’s no longer going their way because their reason for waiting to accumulate in the dip is because they want to buy bitcoin when the price is low with the hope of selling when the price pumps a little, but at some scenario where instead of the price to increase, it keeps going down, you’ll see these sets of people panicking to sell at that moment and if they eventually sell, they’re going to sell at a loss. It’s highly recommended and advisable that a newbie who’s still in his accumulation stage to stick with the DCA method of consistently or perhaps persistent accumulation of bitcoin either weekly or monthly depending on how the income flows, and hold for the long term goal and gradually build up his portfolio.

Of course when an individual has been able to accumulate a decently large amount of bitcoin and hold over time, and have gotten to his over accumulation stage and Perherps surpassed his accumulation target, at that moment, the individual can decide to slow down a little with his accumulation or better still decide to wait to buy when the price is lower and he won’t have a problem with that because he’s already accumulated and invested a reasonable decent large amount of bitcoin in his portfolio and held over time for the long term goal.

[Crytohillss]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin. Because by investing long-term, during the accumulation process we don't need to bother thinking about rising or falling prices. Because basically our job is just to continue to accumulate bitcoin using the discretionary funds we have, until our target is actually achieved. I think doing that is much better than having to be a trader who must always monitor the market and wait for a price drop when buying.

Bruh, trying to time the market will only stress you, you can’t knows when Bitcoin will rise or fall. The best thing is just to keep stacking your BTC little by little when you can and stay consistent...  Long term holding makes more sense, especially if you believe in Bitcoin future.. 
Trading might look exciting, but it is not easy to get the perfect entry or exit..  For me, I would rather focus on building my stack and not worry too much about short term price movements, because it drains..

Absolutely true the price of Bitcoin feel last year, but that does not mean it will keep on falling, falling this year, Bitcoin's price doesn't fellow a strict pattern based on the day or week in the recent year, the market is influenced by a wide range of factors that include global economic , foreign investment and human behavior, due to this complexity no one can predict with certainty when  Bitcoin price will increase or fall.

What some people don't understand is that, the energy they put in timing the market, if they should put such energy in accumulating Bitcoin they will actually go a long way In their Investment, that energy they are using to time the market is a waste because after timing the market, the price of Bitcoin will still move towards any direction without minding the speculation and the direction the timers expected. So instead of wasting this valuable time, why not such people just invest in Bitcoin and worry no more about Bitcoin price and directions.

[ZeroVinsonN]

Waiting only for the dip before buying is one bad way to accumulate Bitcoin, since you may likely miss a whole lot of buying opportunity, but the most terrible and stupid idea is getting involved or gambling with shit coin thinking that you are investing, No that's not an investment to me because it's pure gambling, since the possibility of you losing your money is way more higher than the possibility of making money out of it.
So I can only advice you to stop wasting your time and effort f**** around with shit coin with the false hope of making something out of it.

Buying the DIP is not a bad investment strategy, it's actually very good, waiting for the DIP before buying is where the problem comes in, the delay is not good to grow your bitcoin portfolio as you can really miss so many opportunities to accumulate alot because you are waiting for the DIP, you might even miss good DIPs because you are waiting for the 'perfect dip' which isn't really a thing because a dip is a dip so any investor who want to buy the DIP can do so if a dip present itself along his accumulation journey provided that he doesn't waste valuable time waiting for something that might not really happen the best thing to do is to keep accumulating.

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase while an investor will focus on the long term benefits and not the short term and this will result them in to consideration every time or condition of the market as an opportunity to increase the quantity of their Bitcoin as they buy all the time be it when the price is high or low and this is the best approach because, Bitcoin is for long term investment and not good for short term ( trading) buy when in high or low with dollar cost averaging.

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

I like how you started the quote with 'For a trader' because I got really confused reading it, I almost thought you were trying to say bitcoin trader was better but at the end of the day you statements are really vague and hard to actually understand, maybe be more specific on your stand, if you think trading is better then say so rather than just lumping bitcoin investment and bitcoin trading as being too similar.

[Tonimez]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase while an investor will focus on the long term benefits and not the short term and this will result them in to consideration every time or condition of the market as an opportunity to increase the quantity of their Bitcoin as they buy all the time be it when the price is high or low and this is the best approach because, Bitcoin is for long term investment and not good for short term ( trading) buy when in high or low with dollar cost averaging.

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

This your statement is typical of a bitcoin trader and not an investor. What's your yardstick for measuring profits in bitcoin? The truth is that  many people deceive themselves with this mindset claiming to be bitcoin investors whereas they are chronic bitcoin Traders. When you buy at dips and sells when you think you have made profit, how sure are you that bitcoin would dip after selling so that you can buy back?

Most times we allow greed to block out real greatness. Bitcoin volatility is general, but most people who are into bitcoin trading usually want bitcoin to toll their way. Let's say you buy at $109k and sold at $115k or more, your profit lies in your buy back price and it keeps going through next>>>

Waiting only for the dip before buying is one bad way to accumulate Bitcoin, since you may likely miss a whole lot of buying opportunity, but the most terrible and stupid idea is getting involved or gambling with shit coin thinking that you are investing, No that's not an investment to me because it's pure gambling, since the possibility of you losing your money is way more higher than the possibility of making money out of it.
So I can only advice you to stop wasting your time and effort f**** around with shit coin with the false hope of making something out of it.

It is not truly bad way of accumulation if you have your clear mindset and plan of accumulation with dips, and you never hesitate to buy in dips when dips occur. The problem with most of people is they wait for dips, wait for a long time but when dips come they hesitate, feel uncertain on what's next, feel fearful and they refuse chances of dip purchases.

One general knowledge about investors that wait for dips before buying bitcoin is that they always set a price in their mind at which they want to buy back and it doesn't just end there, they procrastinate when the price eventually happens (which is not even setting it would happen). Dips occur but no one could clearly tell when it will happen or the extent it would go. This is the reason why it is not the best strategy for anyone who actually wants to grow in bitcoin investment.

Again, most investors who wait for dips to buy usually lack the patience to HODL their bitcoin for a long-term and most of them also sell at panic when the price eventually starts dipping below their accumulation price or when they price goes higher that they now believe to have made profit. This is very typical of bitcoin traders and they still claim to be investors.

If you actually wait for dips and determinantly buy in dips, that's good. It's better than people who buy with FOMO only.

However, I don't forget to emphasize that it's hard to find bottoms, time the market so Dollar Cost Averaging is a better accumulation strategy as you will not have to mind about analysis for bottom, when it happens.

FOMO is the core reason behind waiting for dips among investors. They avoid buying at the current price because they are scared that the price may dip after investing in bitcoin. This is not a new practice among some bitcoin investors because they lack the patience to allow bitcoin go through it's stages and rise back after one or more cycles.

The safest way to invest in bitcoin remains the DCA strategy because it allows you to accumulate more bitcoin with less stress. This strategy helps to keep someone out of the stress of watching the charts always and waiting for the dips that may never happen.

[ejikeme24]

When you say one doesn't need to know everything about bitcoin because there may not be enough time to gather all the necessary knowledge about bitcoin it gets me very confused because those vital informations involved in Bitcoin is what one requires to venture into Bitcoin diligently and I think neglecting them could be disastrous at the long run, if an individual must make profit he has to have the requisite knowledge about Bitcoin to maximize his or her chances of making profit and not losses.

I don't see that thing that you will be wasting the whole of your time to learn about bitcoin, as a beginner once you know about the volatile nature of bitcoin and also know that bitcoin is not a get rich quick scheme the next thing is to get started if your discretionary funds is available. Maybe with time then you can start looking into setting up emergency funds and your reserve funds so as to enable you not to tamper your bitcoin investment anytime.

 As a beginner who is just getting started with bitcoin investment all you need is the basic knowledge Because if you're hoping to get all the informations about bitcoin investment you may not get it all not until you get started, so instead of wasting a whole lot of time in trying to figure out everything the basic knowledge is enough for you to start with .The more your accumulation journey keeps going that's the More you will be learning new things which you may not be able to learn if you had waited.

[Davian144]

<<<

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

Low prices are like a discount moment in the market, but considering the current situation, where Bitcoin hit its all-time high yesterday, those still waiting for low prices will be left with nothing to lose, except for those who prefer to accumulate Bitcoin without looking at the price because their goal is to increase the amount of Bitcoin in their portfolio before considering profit.

Furthermore, in conditions like these, traders are often beaten by the market when the coins they bought rise again after they sell them. Therefore, for Bitcoin, it's best to accumulate it for the long term before deciding to sell. However, for other coins, I don't think it's a problem to sell sooner as long as the profit is clear and the profit target is achieved.

[Bd officer]

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

In fact, traders are characterized by buying at low prices and selling at high prices, so traders wait to buy at low prices. If you plan to trade, then waiting is not bad. But trading is very risky, so trading is not for everyone, but investing is for everyone.
However, if you plan to make a long-term investment then there is no need to wait to buy dip, because you can deposit bitcoins in DCA strategy. If you deposit bitcoins in DCA strategy then you can buy bitcoins at average price. And if you're waiting to buy a dip, you won't want to buy it if the price doesn't fall as you expected. So if you plan long term then no need to wait, you can start investing in DCA strategy anytime.

Wow, Bitcoin has made a new ATH again, so we can definitely expect to make a profit if we hold Bitcoin in the long term. So we can say, buy and hold.

[Proty]

.

Wow, Bitcoin has made a new ATH again, so we can definitely expect to make a profit if we hold Bitcoin in the long term. So we can say, buy and hold.

Before you begin to talk of making profit,  you should consider if your portfolio is in good shape that is if you are holding a reasonable amount of the stash in your portfolio. How long have you been holding. It is mostly the mindset of traders to take profits from there bitcoin investment whenever bitcoin hits a new ATH. Aiming for short term profit is like gambling with bitcoin, exposing one portfolio to a greater risk. Therefore we shouldn't be tempted to take profits from our investment whenever there is a new ATH especially when we are still in accumulation phase.

[Umulala-alala]

Wow, Bitcoin has made a new ATH again, so we can definitely expect to make a profit if we hold Bitcoin in the long term. So we can say, buy and hold.

Before you begin to talk of making profit,  you should consider if your portfolio is in good shape that is if you are holding a reasonable amount of the stash in your portfolio. How long have you been holding. It is mostly the mindset of traders to take profits from there bitcoin investment whenever bitcoin hits a new ATH. Aiming for short term profit is like gambling with bitcoin, exposing one portfolio to a greater risk. Therefore we shouldn't be tempted to take profits from our investment whenever there is a new ATH especially when we are still in accumulation phase.

Those who are still in there accumulation stage shouldn't think of selling there bitcoin holding because there will always be an ATH as long as this is bitcoin investment we shall keep seeing new ATH, selling and buying back for minor profit is a bad investment strategy for those who has not gotten any were near to there acculturation stage, investors who has been buying for long and has reached there accumulation stage can sell some part since they are not selling in lost but profit and still keeping adding more BTC to there portfolio.

[Skydrill]

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

In fact, traders are characterized by buying at low prices and selling at high prices, so traders wait to buy at low prices. If you plan to trade, then waiting is not bad. But trading is very risky, so trading is not for everyone, but investing is for everyone.
However, if you plan to make a long-term investment then there is no need to wait to buy dip, because you can deposit bitcoins in DCA strategy. If you deposit bitcoins in DCA strategy then you can buy bitcoins at average price. And if you're waiting to buy a dip, you won't want to buy it if the price doesn't fall as you expected. So if you plan long term then no need to wait, you can start investing in DCA strategy anytime.

Wow, Bitcoin has made a new ATH again, so we can definitely expect to make a profit if we hold Bitcoin in the long term. So we can say, buy and hold.

I totally agree with you, perhaps the sole aim of going into business is to make profit so if buying when the price is low and selling when it's convenient enough for you is your strategy and it works for you that way then I think it's a good one but bare in mind that someone else might decide to use the long term strategy which is another method of making profit, like they say, different strokes for different folks, what works for you might not be what works with someone else, different people engage different strategies.