Buy Buy Buy or Sell Sell Sell?

[Hardyrobust]

]

Bitcoin price is not a big deal, our goal is to move forward with investment. Bitcoin investment has become the most attractive at the moment and will become even more attractive in the future, if you notice, you will definitely understand that no one is afraid of the current Bitcoin price situation, those who are real holders are busy holding more. Because our goal is not the price of Bitcoin, but holding Bitcoin. Because Bitcoin can only be most successful if the DCA method is followed correctly. That is why we will not focus on the price of Bitcoin, but on how we can hold Bitcoin for a long time and if we follow the DCA method for a long time, it will be easiest to hold Bitcoin.

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

[Tungbulu]

[edited out]

Still boils down as how to going to sell in the bull run, others will have this step kind of selling, like 20% in the beginning, then 40% and such.

If you are investing in bitcoin for 4-10 years or longer, then there is no need to sell bitcoin in your first whole cycle, or maybe 2-3 cycles, even though doing spend and replace is not a bad practice.  You seem to not understand bitcoin very well if you are going to treat it like a trade rather than an investment... but hey, everyone has a right to their own perspective and their own way of managing their bitcoin.

I saw someone saying somewhere that even if selling (whether a small or large chunk) believed to be a wrong practice in Bitcoin investment, that there’s really nothing wrong with taking a very small amount of profit once in a while without necessarily having to disrupt your long term goals. I was a bit busy and couldn’t reply that user at that time, and I thought I bookmarked that page, but just checked my bookmarks but couldn’t find it, so maybe I actually forgot. But I do not see any reason why an investor would want to resort to taking profit, is it to sort out financial needs? There are already backup funds for that? Is it to wait so you can buy back later, if that’s not a trader’s mindset then I don’t know what it is. I see no valid reason to make an investor wanna sell off any chunk of their investment, whether in the first, second or fourth cycle, except they may have already reached their long term investment goals or reached a “fuck you” status, it’s just as simple as that, and I don’t know why investors feel it’s okay to compromise.

And yeah everyone has a right to their own perspective, but when i see a strategy that’ll most likely put you in a very tough spot later on, I’ll do well to tell you, because if an investor actually sells a chunk of their bitcoin at a time they feel they’ve felt they are in a profit and maybe succeeds to acquire more coin later when the market goes down, he forget that the reason he succeeded was because he simply got lucky and then he’ll always be tempted to try it again whenever he gets the opportunity to, which would not only mess with their emotions, but would also impair their judgement and thus putting their own endangering their investment. If an investor is still reactive to temporary market volatility then it’s a huge sign that they’re not emotionally prepared to face the market and what they need to do at that point isn’t to satisfy their guts but to remind themselves of the  wey reason they’re investing in the first place, which is their long term goals in order to strengthen their convictions and not to satisfy their guts.

Talking about flexibility, using emergency funds to buy the dip can actually backfire. Emergency funds are meant for unexpected real-life situations like medical needs, job loss, or urgent repairs  not for investment opportunities, even if the market looks perfect.

You are actually right and I think that we both share the same sentiment on this issue here, an emergency funds is strictly reserved for emergency purpose, so investing with it is like gambling with your investment which may likely not ends well if carried out.
The funds kept aside to buy aggressively or accumulate during the dip is reserve funds, not emergency funds that stands as the last layer of protection to your Bitcoin investment.

You should never buy aggressively with reserve funds.

Why not? Reserve funds are those extra money outside of our emergency funds, and the major thing that makes a reserve funds what it is, is it's flexibility. Flexibility here means that it isnt locked up like emergency funds for one purpose only, rather it can be used to do anything, anything like meeting up with even our personal needs, it can even be used for buying the dip or any kind of aggressive buying which of course shouldn't be beyond your financial capacity.      Since reserve funds are flexible, the way you use it depends on your situation or what you reserved the money for.

I think investing in bitcoin using reserve funds is certainly possible, but it's important to remember the purpose of accumulating those reserves in the first place. As far as I know, reserve funds are intended for a planned need. Such as planned home renovations, or children's school fees, or even to buy something we want, like a bag or something else. So, with this in mind, we need to first consider the purpose of having reserve funds in the first place. So, if, for example, our reserve funds are earmarked for home renovations that will be done in the next two years, I don't think that money should be invested in Bitcoin.

Investing in Bitcoin essentially has a long time horizon, around 8-10 years. Therefore, I personally don't recommend investing reserve funds in Bitcoin if the money will be used immediately. However, if our reserve funds are only intended to buy items like bags or watches, I think that money can be used to invest in Bitcoin. Because buying a watch or something similar isn't particularly urgent, and if we don't buy it, it won't have any impact on our lives. So, that's my conclusion.

A person can specifically designate reserve funds for buying the dip.  Reserve funds have a lot of flexibility in terms of what the person is choosing to hold and/or to save up portions of their reserve funds funds.

Sure, it might not be a good idea to save up for buying BTC on the dip, yet a person can do what he likes with his discretionary funds, whether it is a good idea or not.

Sure, folks may be able to use their reserved funds or choose to reserve funds for buying the dip, but this could only be considered to be a smart approach IF it is part of your disciplined plan, and not just some gut feeling or emotional reaction. If an investor sets aside a particular amount of money specifically for opportunities that may arise in the future, then that’s more of a strategic budgeting. It shows that they’re. It overexposing, scrambling or gambling with money that they ain’t capable of losing.

But when buying the dip suddenly becomes an excuse to keep chasing price changes or to convince oneself that every market downturn is a potential buying opportunity, then that’s where the real danger lies, because that’s exactly how some investors end up over allocating funds to reserve, thus ignoring essential expenses or end up buying dips that would most likely keep dipping.

[virasog]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

[Tonimez]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

I would say that greater percentage of the fearful ones now are majorly those who just joined bitcoin investment in the time when bitcoin seems to be positive. Some beginners only learned about market volatility and bitcoin cycles but haven't really witnessed an extreme market conditions. This is why they fail to understand that the year is concluding a successful cycle and dip is bound to happen even though it's not also fixed. Buying at this moment would be a good decision for real bitcoin investors. Traders are always panicking so their case is exceptional but for all investors, you would need focus on your holding period. Knowing that you are not also going to sell off  your bitcoin so soon which gives you an edge over short term holders.

Fear is our biggest enemy and until investors realise the importance of dip in setting up a new ATH, then you have a long way to go. Bitcoin has bear market and also bull run. Buying should be a continuous process as long as you aim at Long-term investment.

[Kaliandra]

Currently, for investors with small capital, this is definitely the right moment because even with small capital, we can now obtain a lot of BTC, which is certainly different from usual when the price of BTC is above $100k. And yes, people who are currently implementing the DCA technique using small capital are definitely happy because the price of BTC is falling and they will definitely be more enthusiastic about buying BTC because the price of BTC is discount. However, people with large capital are certainly more satisfied because they can buy BTC with large capital and will definitely be more enthusiastic because they will definitely get more BTC.

Of course, many investors are currently selling BTC because they bought it at lower prices. However, for me, this is the right time to buy because we may not see BTC prices this low again in the future. Let others sell their BTC and profit, but for me, the current BTC price is still low because I aim for greater returns from my BTC investment. In short, for those practicing DCA, stay motivated and hold onto your BTC for the long term.

I am seeing some inconsistencies in your concept regarding long-term Bitcoin investment. In the case of Bitcoin accumulation, the price of Bitcoin does not depend on whether it is low or high or on any specific time. An investor should give more importance to its consistent income flow and fund management than the price of Bitcoin. If you give importance to whether you should buy now or take this opportunity when the price has fallen, then DCA accumulation can be disrupted. If you do regular DCA, you can always buy Bitcoin at the average price. What fund do you actually mean by investment capital? You should invest in Bitcoin with discretionary income all the time. Being consistent is more important in investing. Because if you can buy Bitcoin regularly without looking at the price and waiting for an opportunity, it is possible to beat the price fluctuations of Bitcoin.

You said that the price of Bitcoin will not go down any further. But how did he say it so confidently? No one can accurately predict what the price of Bitcoin will be. It's good to buy aggressively at the current price, but it's more important to plan ahead for the long term.

What I mean is that when the price of BTC is falling, it is certainly a happy moment for people who are implementing the DCA system, which does not mean buying BTC only when there is a decline. However, saying that the decline in the price of BTC is a pleasant moment for those who are doing DCA is because they are getting more BTC. It does not mean that when the price of BTC is rising, they do not make purchases because DCA certainly does not consider the price when buying BTC. However, there is nothing wrong with feeling happy about the decline in the price of BTC because we are getting more BTC than usual. When the price of BTC is falling, we will certainly get more BTC C becomes more abundant. The term “investment capital” here refers to the fact that everyone has different discretionary income—some have little, and some have a lot.
But your point is valid because many people still don’t understand DCA. Your response is excellent because by explaining it to me, you’ve clarified any misunderstandings about DCA. 

[Padi24]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

For me, I don't see it as fear but a sign of unseriousness because these are the same people who were hoping to meet the dip soon so they could  be more aggressive .  it's funny to see that most of them didn't stick with their plans, most of the people who were confidently waiting to buy the dip is still there trying to figure out where the price is going. sir JJG was not entirely wrong when he Said that we shouldn't wait to buy the dip more especially those who are just getting started with Bitcoin because you might feel that $86k isn't the Best entry point maybe $70k and when the price fall below this amount you might as well feel that it will dip more and there's every possiblity that majority of those who were confidently waiting for the dip will keep procrastinating until the price fall back.

[iamsange]

Bitcoin price is not a big deal, our goal is to move forward with investment. Bitcoin investment has become the most attractive at the moment and will become even more attractive in the future, if you notice, you will definitely understand that no one is afraid of the current Bitcoin price situation, those who are real holders are busy holding more. Because our goal is not the price of Bitcoin, but holding Bitcoin. Because Bitcoin can only be most successful if the DCA method is followed correctly. That is why we will not focus on the price of Bitcoin, but on how we can hold Bitcoin for a long time and if we follow the DCA method for a long time, it will be easiest to hold Bitcoin.

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I believe there are two sides to the current highly volatile situation. I believe those with substantial capital and who have invested in Bitcoin from its lowest price to its peak aren't particularly concerned about the current market conditions. I also understand the feelings of others who may have bought when the price was above $100 and are financially unstable, making them extremely anxious about the current situation. I believe this is perfectly normal, as psychological and mental fluctuations also affect the situation.

[Loyang]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

A new person who does not have much knowledge about the market or has never faced a market decline after investing. It is very natural for such a person to be scared of this market situation. But a person who has been buying from the lows of the market and bought at the highest price is not worried about this market situation. They are very eager to buy in this situation and they may continue to buy continuously.

But we should not forget that this situation is very scary for a new person. A new person should keep himself calm as much as possible at this time and when it is time for them to buy, they should continue to buy and do whatever reduces his mental stress.

If a new person is able to believe in Bitcoin today, he may smile with success in the future. Because Bitcoin has not yet reached Satoshi's goal. When every country in the world accepts Bitcoin and Bitcoin transactions are carried out, Satoshi's goal will be fulfilled. Those who believe in Bitcoin and hold on to it today may get good results in the future.

[Emjay24]

]

Bitcoin price is not a big deal, our goal is to move forward with investment. Bitcoin investment has become the most attractive at the moment and will become even more attractive in the future, if you notice, you will definitely understand that no one is afraid of the current Bitcoin price situation, those who are real holders are busy holding more. Because our goal is not the price of Bitcoin, but holding Bitcoin. Because Bitcoin can only be most successful if the DCA method is followed correctly. That is why we will not focus on the price of Bitcoin, but on how we can hold Bitcoin for a long time and if we follow the DCA method for a long time, it will be easiest to hold Bitcoin.

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I believe the right statement should've been that we're not meant to be afraid of the price drop as investors since we've a better knowledge of gathering more quantities during a dip, but remain committed to our ongoing buys since dips are opportunities to buy more at reduced prices. Every Bitcoin investor who is holding would be observing a reduction in the value of their portfolio and that is why it's very important to understand the volatility part of Bitcoin so as not to be susceptible to panic when the prices starts dropping. Guys who would be very troubled about this dip are those who didn't buy Bitcoin with their discretionary income, such people would already be panicking since it seems they've lost their gamble and they may sell at much lower prices than their entry price to attend to necessities. Buying Bitcoin is very much advised to be done with discretionary income so you'll not be bothered in times like this because you'll not be needing the money anytime soon and surely you can go long-term in Bitcoin.

[Finebone]

A new person who does not have much knowledge about the market or has never faced a market decline after investing. It is very natural for such a person to be scared of this market situation. But a person who has been buying from the lows of the market and bought at the highest price is not worried about this market situation. They are very eager to buy in this situation and they may continue to buy continuously.

It's not mainly about experiencing a dip like this, but having knowledge about it, and knowing that things like this might happen in the market, and to Bitcoin value, because when you are already knowledgeable enough on what may happen and how the volatility can leads it to go as low as this, you wouldn't panic. As long as you are investing with the mindset of holding for long, it is mostly those selling their Bitcoin for short term gains that are always concerned about the dip and it volatility, because they are not patient enough to wait for bitcoin to rise back or return where it fell from.
We should not forget that this was how Bitcoin fell from $62k to $15k  in the past, if am not mistaken, but when it started rallying back, it rose to $125k, so that's enough reason why holding strong for long is the ideal way to go about your Bitcoin investment.

[POPOLUV]

First of all, it is important to instill awareness that risk will always exist, even with assets as strong as Bitcoin. None of us know for sure what will happen in the future, so as we have often discussed in this thread,  never put all your income or living expenses into Bitcoin. The primary funds you use to purchase should be discretionary funds. If you want to buy aggressively due to the current price decline, you can utilize your reserve funds. The point is to use money that you can afford to lose.

You have said it all buddy, and this is why I laugh out loud when some folks here will be talking about Bitcoin as if they are sure of what the future holds.  We as Bitcoin investors are doing it because of it growth potential and it ability to appreciate in value overtime, not that we are certain of how Bitcoin will play out in the next few years, so investing only from your discretionary income is the only reasonable thing to do since it's has it on risk attached to it, just like every other investment out there.
Additionally, being aggressive while buying Bitcoin is never a problem if you are doing it from your discretionary income, but it should not be done in a manner where you will be carried away and invest money meant for something else or any of your basic needs, because that's where the problem lies when being aggressive towards you bitcoin accumulation.

Anyone who tells you he or she knows what Bitcoin holds in future for sure is really deceiving himself or herself because no one does but we as an investors has the hope and believe that Bitcoin will do great in the future judging with it passed record I mean its growth and  also, the momentum it has from before has not still changed and so it will be a great achievement and a thing of happiness that someone accumulated a good stash or fraction of Bitcoin and hold for a long period of time. This can only be achieve if all the principles and rules are been hearken unto.

There is no one living that can be able to tell the future of bitcoin. The only they can do is to speculate how the market will look like.Bitcoin has proven it's worth as time passes by, some speculation are made based on bitcoin past records and this may not actually reflect current reality or happening in the market. This is the reason why I said it isn't possible to speculate correctly the price of bitcoin or were bitcoin will be in the future.

I totally understand and agree with you because assuming there is any investors that beat his/her chest that he can predict correctly on how Bitcoin price will be in the parallel market as of today or more of in the futures to come,i don't think most of the investors will engage on DCA strategy that permits buying of Bitcoin gradually by gradually while lump sum strategy is there to give what you want without waiting to be buying gradually by gradually using DCA strategy, but the fear of not knowing what Bitcoin will look like, most of the Bitcoiner considering embarking into DCA strategy that gives every investors hope of not losing all their money.

[Nightwatchmare]

Talking about flexibility, using emergency funds to buy the dip can actually backfire. Emergency funds are meant for unexpected real-life situations like medical needs, job loss, or urgent repairs  not for investment opportunities, even if the market looks perfect.

You are actually right and I think that we both share the same sentiment on this issue here, an emergency funds is strictly reserved for emergency purpose, so investing with it is like gambling with your investment which may likely not ends well if carried out.
The funds kept aside to buy aggressively or accumulate during the dip is reserve funds, not emergency funds that stands as the last layer of protection to your Bitcoin investment.

You should never buy aggressively with reserve funds.

Why not? Reserve funds are those extra money outside of our emergency funds, and the major thing that makes a reserve funds what it is, is it's flexibility. Flexibility here means that it isnt locked up like emergency funds for one purpose only, rather it can be used to do anything, anything like meeting up with even our personal needs, it can even be used for buying the dip or any kind of aggressive buying which of course shouldn't be beyond your financial capacity.      Since reserve funds are flexible, the way you use it depends on your situation or what you reserved the money for.

I think investing in bitcoin using reserve funds is certainly possible, but it's important to remember the purpose of accumulating those reserves in the first place. As far as I know, reserve funds are intended for a planned need. Such as planned home renovations, or children's school fees, or even to buy something we want, like a bag or something else. So, with this in mind, we need to first consider the purpose of having reserve funds in the first place. So, if, for example, our reserve funds are earmarked for home renovations that will be done in the next two years, I don't think that money should be invested in Bitcoin.

Investing in Bitcoin essentially has a long time horizon, around 8-10 years. Therefore, I personally don't recommend investing reserve funds in Bitcoin if the money will be used immediately. However, if our reserve funds are only intended to buy items like bags or watches, I think that money can be used to invest in Bitcoin. Because buying a watch or something similar isn't particularly urgent, and if we don't buy it, it won't have any impact on our lives. So, that's my conclusion.

You are absolutely wrong in what you think reserve fund is. Reserve fund is not intended for a planned expense like home renovations or children's school fees, because reserve fund do not cover daily expenses, and home renovations or children's school fees are daily expenses. If you want to renovate your home or pay your children's school fees, that is where your income comes in because it is the money you can use to solve your day-to-day expenses, while reserve fund is for servicing your Bitcoin investment, and you can depend on it to buy the dip sometimes.

[jems]

I believe there are two sides to the current highly volatile situation. I believe those with substantial capital and who have invested in Bitcoin from its lowest price to its peak aren't particularly concerned about the current market conditions. I also understand the feelings of others who may have bought when the price was above $100 and are financially unstable, making them extremely anxious about the current situation. I believe this is perfectly normal, as psychological and mental fluctuations also affect the situation.

Don't invest in Bitcoin if your financial situation is unstable.

That's what you need to learn first. It's true that the current major decline has caused some panic but that doesn't mean we should let go of our Bitcoin holdings just because we're feeling panicked.
We must still implement our initial plan, which is to invest in Bitcoin for the long term, So regardless of what happens in current market conditions, our plan must still be implemented.

To change that panic, I suggest we think differently, For example, consider accumulating more Bitcoin when the price is low so that we have the enthusiasm to continue buying when the price continues to fall.

[Johnlomape]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

For me, I don't see it as fear but a sign of unseriousness because these are the same people who were hoping to meet the dip soon so they could  be more aggressive .  it's funny to see that most of them didn't stick with their plans, most of the people who were confidently waiting to buy the dip is still there trying to figure out where the price is going. sir JJG was not entirely wrong when he Said that we shouldn't wait to buy the dip more especially those who are just getting started with Bitcoin because you might feel that $86k isn't the Best entry point maybe $70k and when the price fall below this amount you might as well feel that it will dip more and there's every possiblity that majority of those who were confidently waiting for the dip will keep procrastinating until the price fall back.

It is not new again that people are looking for ways to take advantage of the market so that when the price of Bitcoin falls, they can buy as many Bitcoin they can to wait for price to go up so that they can sell it. Now Bitcoin continues to fall and these people are very happy to see Bitcoin going down to their own advantages.

The price of Bitcoin is going to bounce back soon so there is no need to panic and anyone that want to buy the dip should continue but I know that their are people that would want the price of Bitcoin to fall to 20k if possible so that their greedy can make way for them. Those that known for buying the dip and don't like to invest in Bitcoin in intervals will still make the mistake of think price will continue to fall to their own desired price to buy Bitcoin.

[Promocodeudo]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

That statement is wrong, if anyone has said that, although no one is supposed to be afraid about the current price Bitcoin except newbies and that's because they may have not experienced such was but whichever way, people must be afraid of the market status after all there are those that don't remember that there was a time Bitcoin was as low as $30k, meaning that there are people who are still at profit since Bitcoin has no drop to that extent and another thing is, we have short timers and people without the knowledge that, the price of Bitcoin will at any given time face ups and down, so we must have people with shivering mindset and those that already understand that, what we are experiencing now, is what the market is known for which is as a result of volatility, one thing we must know is that, there's no way people will think alike in any investment, strong believers whose main aim is for the future will exist differently, those that are just here to be rich in a shortwhile will exist differently too, goals now becomes the only thing that differentiate investors.

[Agbamoni]

I believe the right statement should've been that we're not meant to be afraid of the price drop as investors since we've a better knowledge of gathering more quantities during a dip, but remain committed to our ongoing buys since dips are opportunities to buy more at reduced prices. Every Bitcoin investor who is holding would be observing a reduction in the value of their portfolio and that is why it's very important to understand the volatility part of Bitcoin so as not to be susceptible to panic when the prices starts dropping. Guys who would be very troubled about this dip are those who didn't buy Bitcoin with their discretionary income, such people would already be panicking since it seems they've lost their gamble and they may sell at much lower prices than their entry price to attend to necessities. Buying Bitcoin is very much advised to be done with discretionary income so you'll not be bothered in times like this because you'll not be needing the money anytime soon and surely you can go long-term in Bitcoin.

You are very right my friend. We all know that many investors who are afraid are only afraid because they have no or little knowledge about bitcoin investment. Grasping a lot about bitcoin investment takes a little time while you accumulate and learn. Experience also matters a lot, which is the main reason i wont blame newly recruited investors. They will figure out most things as they go along the journey. But for us who have the knowledge we should be afraid. One thing is for sure, bitcoin price will return to the former and also create a new ATH. Just HODL.

[Kelward]

A new person who does not have much knowledge about the market or has never faced a market decline after investing. It is very natural for such a person to be scared of this market situation. But a person who has been buying from the lows of the market and bought at the highest price is not worried about this market situation. They are very eager to buy in this situation and they may continue to buy continuously.

It's not mainly about experiencing a dip like this, but having knowledge about it, and knowing that things like this might happen in the market, and to Bitcoin value, because when you are already knowledgeable enough on what may happen and how the volatility can leads it to go as low as this, you wouldn't panic. As long as you are investing with the mindset of holding for long, it is mostly those selling their Bitcoin for short term gains that are always concerned about the dip and it volatility, because they are not patient enough to wait for bitcoin to rise back or return where it fell from.
We should not forget that this was how Bitcoin fell from $62k to $15k  in the past, if am not mistaken, but when it started rallying back, it rose to $125k, so that's enough reason why holding strong for long is the ideal way to go about your Bitcoin investment.

If you don't plan to sell anytime soon there is no reason to panic about this dip, it's a normal thing in the Bitcoin circles because it is a volatile asset. It is better to define your goal when you want to start investment in Bitcoin, if it is for the long term then concentrate on your buying strategy, most of us choose DCA method. Keep buying no matter the current price, don't get distracted like weak hands to sell prematurely or be greedy to sell when price hits ATH, just focus on buy, keep buying and hodl. Knowledge about how Bitcoin circles work is important for investors to avoid unnecessary worrying about dip.

[rangga28]

I believe the right statement should've been that we're not meant to be afraid of the price drop as investors since we've a better knowledge of gathering more quantities during a dip, but remain committed to our ongoing buys since dips are opportunities to buy more at reduced prices. Every Bitcoin investor who is holding would be observing a reduction in the value of their portfolio and that is why it's very important to understand the volatility part of Bitcoin so as not to be susceptible to panic when the prices starts dropping. Guys who would be very troubled about this dip are those who didn't buy Bitcoin with their discretionary income, such people would already be panicking since it seems they've lost their gamble and they may sell at much lower prices than their entry price to attend to necessities. Buying Bitcoin is very much advised to be done with discretionary income so you'll not be bothered in times like this because you'll not be needing the money anytime soon and surely you can go long-term in Bitcoin.

You are very right my friend. We all know that many investors who are afraid are only afraid because they have no or little knowledge about bitcoin investment. Grasping a lot about bitcoin investment takes a little time while you accumulate and learn. Experience also matters a lot, which is the main reason i wont blame newly recruited investors. They will figure out most things as they go along the journey. But for us who have the knowledge we should be afraid. One thing is for sure, bitcoin price will return to the former and also create a new ATH. Just HODL.

I'm sure that if someone understands the risks, they won't panic so much when the situation changes drastically, given its inherent volatility. Greed is often practiced by some people with FOMO, and the rapidly changing situation can erode their mentality due to panic. Therefore, there are many methods and techniques that must be implemented before entering the market, and each exchange offers numerous features that can be tailored to individual preferences.

[Joeboy]

I saw someone saying somewhere that even if selling (whether a small or large chunk) believed to be a wrong practice in Bitcoin investment, that there’s really nothing wrong with taking a very small amount of profit once in a while without necessarily having to disrupt your long term goals. I was a bit busy and couldn’t reply that user at that time, and I thought I bookmarked that page, but just checked my bookmarks but couldn’t find it, so maybe I actually forgot. But I do not see any reason why an investor would want to resort to taking profit, is it to sort out financial needs? There are already backup funds for that? Is it to wait so you can buy back later, if that’s not a trader’s mindset then I don’t know what it is. I see no valid reason to make an investor wanna sell off any chunk of their investment, whether in the first, second or fourth cycle, except they may have already reached their long term investment goals or reached a “fuck you” status, it’s just as simple as that, and I don’t know why investors feel it’s okay to compromise.

And yeah everyone has a right to their own perspective, but when i see a strategy that’ll most likely put you in a very tough spot later on, I’ll do well to tell you, because if an investor actually sells a chunk of their bitcoin at a time they feel they’ve felt they are in a profit and maybe succeeds to acquire more coin later when the market goes down, he forget that the reason he succeeded was because he simply got lucky and then he’ll always be tempted to try it again whenever he gets the opportunity to, which would not only mess with their emotions, but would also impair their judgement and thus putting their own endangering their investment. If an investor is still reactive to temporary market volatility then it’s a huge sign that they’re not emotionally prepared to face the market and what they need to do at that point isn’t to satisfy their guts but to remind themselves of the  wey reason they’re investing in the first place, which is their long term goals in order to strengthen their convictions and not to satisfy their guts.

folks that puts their whole investment at risk by selling when they are still in their accumulation period doesn't just lose their bitcoin, it also creates this kind of negative mindset whereby they start thinking that it is smart to sell now and buy back later. And once that idea get into their head, it becomes very problematic in that they begin thinking that the market is now something that they can manage and predict anytime....And before you know it their whole Investment plan will now be ruled by emotion gotten when from to time the market accurately, instead of them sticking to a steady accumulaion plan

[Merit.s]

I believe there are two sides to the current highly volatile situation. I believe those with substantial capital and who have invested in Bitcoin from its lowest price to its peak aren't particularly concerned about the current market conditions. I also understand the feelings of others who may have bought when the price was above $100 and are financially unstable, making them extremely anxious about the current situation. I believe this is perfectly normal, as psychological and mental fluctuations also affect the situation.

Don't invest in Bitcoin if your financial situation is unstable.

You can invest into bitcoin even if you are financially unstable because what you need to invest is your discretionary income that can be as low as $10. You don't need a big amount of money to put into bitcoin at first. The most important thing is to get started. If you don't sell the bitcoin that you bought irrespective of the market condition, you are not at loss.

There are some people with stable finance that don't have a discretionary income, such people cannot invest in bitcoin until, they look for a way to get a discretionary income. A contractor doesn't have a stable finance but he can invest into bitcoin whenever, he gets paid for the contract he did. Either, he front load his bitcoin investment or buy aggressively with his discretionary income over a period of time.