Buy Buy Buy or Sell Sell Sell?

[Zackz5000]

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The DCA strategy is a reliable strategy that also cover up buying the dip strategy. If you are starting Bitcoin investment new don't wait for the price of Bitcoin to dip before you can start accumulating Bitcoin because you can waiting for the dip and wait for several months without the price of Bitcoin reaching your expected end, with the DCA strategy you are regularly in the market accumulating steadily and hodl for long without waiting for the dip to accumulate.

[Grace333]

Sounding in such tunes only describe one thing which is doubt, it seems you haven't trusted the system yet, however I know the future is pregnant but Bitcoin has proven over the years to be outstanding among others and assuming you can see the big picture ahead you wouldn't have come up with such thoughts about it.

With the uncertainty you mentioned I'm more confident, but with a little bit of doubt about Bitcoin. This is something I've experienced while being involved in this Bitcoin forum. Many people are skeptical about Bitcoin and this is due to the current price decline. Many people are currently viewing Bitcoin with more uncertainty about its future. However with full confidence this will certainly be the greatest victory for someone who doesn't have doubts about Bitcoin's current situation and still feels confident in Bitcoin for the next few years.

Indeed people have doubts and panics concerning the current dip and the future of bitcoin, but this isn't the first time we are experiencing something like this. The mistake most people make is that they treat every dip as though it's the first times it's happening and that is one of the major factors that gets long term investor and those willing to start distracted from starting or ongoingly accumulation more bitcoin at this leverage price. The media and blogs have deceived people to make them treat the dip like its a new experience whereas they expect bitcoin to pump all the way and it's definitely not the right approach to take for anyone who has long-term goals of accumulating bitcoin probably up to a decade. It's best to focus more on the target and think of how fiat currency crash due to inflation especially for long term. Besides, dips make buying price a lot more convenient even if it means DCAing with same amount throughout the accumulation process.

[Kelward]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Even if some traders have ever been in some level od profit trying some short term strategies of selling, the bigger question still remains, how many are they and what's the probability that you're going to be lucky seeing that such act is almost like gambling which is a high probable endeavour.

If you're an investor that's not after immediate returns but rather looking for a long term gain through bitcoin, then it's obvious you shouldn't rush to think selling because there's no point considering it at a point you should be occupied buying more stack of bitcoin. You start getting it wrong in your investment journey when you start selling when you should be preoccupied with buying.

Bitcoin is a volatile asset who's price can dump and pump at any moment which means that you don't know when your price expectations will happen either to buy and sell on the short term. It is traders that monitores the market closely to know when to enter and exit and due to volatility they are taking risks in searching for short term profits. But Bitcoin long term investment is different, over many years holding you will expect that no matter how volatile the market is that you will be in profit. We expect that Bitcoin can reach $1000,000 one day although it is not a guarantee but we still DCA all the same because it is a store of value.

[Rockson1]

to be honest,I don’t really blame people who try to chase short term profit during bitcoin investment, because at the end of the day, nothing is really guaranteed and bitcoin like any other investment, carries uncertainty even for long term holders because no one knows what the future holds.

What is more uncertain is you trading in aim of making profit than when you are with long time plan of a bitcoin investment hodling. If you are enough down to earth you will agree that to make profit in trading is highly uncertain and unpredictable correlated to the future of bitcoin.

The future of a host of other assets out there in the traditional world is not certain, yet, investors are investing in them. Bitcoin has survived many backlashes than some of those assets and it is still growing and gaining mass adoption.

What makes you think the future of bitcoin will not be better than what we have it presently? You have no prove, you only creating fear and panic for newbies like you.

It is obvious that Kryptonite788 is not sure if what he wants or may be he does not get the point, if he has taken his time to get some facts or things he needs to know about Bitcoin, he would have known by now that Bitcoin has gone though some stages and still waxing very strong, if he can check the price of Bitcoin as of 2018 for example and compared it or the current price he would have not make such statement, so he thinks that there no need for long-term, if that is the case he should ask people who sold very early when the price of Bitcoin was around $5k how the feel about such decision they took then, so because of the phrase that nothing is certain he want capitalize on that to support Short term idea, it means he is lost in the discussion and needed to be recalled back, @ijawMan you did well by enlightening him on things he may not know or might have forgotten.

[Shineup]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Bitcoin has proven to be much profitable for the long term. It's high time you quit trading your bitcoin stash for cheaper gains that won't change your financial status in the future and start investing for the long term because that is the better way to make profits in bitcoin.

Buying of bitcoin only during price dip and staying out when when price rises only reveals the mindset of a trader because this approach requires timing of the market  and  when wrong can triggers emotion and fear of loose  and investor may be force to sell off their Bitcoin holding. For an investor whose intention is to accumulate and hold Bitcoin for the long term growth. Bitcoin should be bought continuously using the DCA method and using discretionary income only.

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The biggest problem of this strategy is admitting that the current dip is enough dip to buy: some investors who buy dips end up  procrastinating unendingly hoping that a better dip is coming. Some of them don't buy any bitcoin until they now loose interest or have their discretionary income spent on other unnecessary things. ]B]If an investor  understands that excessive timing of the market could cause a delay and missed opportunities[/b] then he would buy every dip. This period we're into is a dip, waiting for another dip from here is not an option and such person may end up not investing anymore.

Buying the dip can be an investment strategy but one thing I understand is that it is wrong when you make it a primary accumulation strategy, it is most effective when you see it as a secondary strategy in your ongoing consistent buying through the DCA, no strategy guarantees success but how you approach your investment matters a lot to the development of your investment, people shouldn't rely on buying the dip simply because it is also an investment strategy it should be considered as an added advantage.

Timing the market is bad and difficulty and can cause a delay and missed opportunities and it doesn't even have to be excessive before it can show it's consequences, Timing is a capital no especially for a no or low coiner that is meant to focus on consistent accumulation.

[Joeboy]

Buying of bitcoin only during price dip and staying out when when price rises only reveals the mindset of a trader because this approach requires timing of the market  and  when wrong can triggers emotion and fear of loose  and investor may be force to sell off their Bitcoin holding. For an investor whose intention is to accumulate and hold Bitcoin for the long term growth. Bitcoin should be bought continuously using the DCA method and using discretionary income only.

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The biggest problem of this strategy is admitting that the current dip is enough dip to buy: some investors who buy dips end up  procrastinating unendingly hoping that a better dip is coming. Some of them don't buy any bitcoin until they now loose interest or have their discretionary income spent on other unnecessary things. If an investor  understands that excessive timing of the market could cause a delay and missed opportunities then he would buy every dip. This period we're into is a dip, waiting for another dip from here is not an option and such person may end up not investing anymore.

You really aren't getting the point of Grease5000...Surely buying the Dip can be considered an investment strategy, but then I still think that buying the dip isn't really suitable for kinds of all investor most especially the newbies...Buying the dip is mostly about timing the market and then delaying your investment until a dip occurs before buying takes place, and such is likely similar to how traders behave... And when one with little holdings begin depending on a strategy like this before buying, it may simply slow down their investments journey and result is lesser amount of Bitcoin in the long run... That's why DCA is the most efficient and best strategy since it is a strategy that can work extremely well for all kinds of investor irrespective of your financial pocket...

[Finebone]

The DCA strategy is a reliable strategy that also cover up buying the dip strategy. If you are starting Bitcoin investment new don't wait for the price of Bitcoin to dip before you can start accumulating Bitcoin because you can waiting for the dip and wait for several months without the price of Bitcoin reaching your expected end, with the DCA strategy you are regularly in the market accumulating steadily and hodl for long without waiting for the dip to accumulate.

The biggest problem about dip buying is that it's time consuming and you may not even buy at all if the dip you are expecting did not come, and it's even more unwise to be waiting for a dip, when you are a low coiner or you are still far behind in you accumulation. Am not saying that buying the dip is bad, what is actually bad is waiting for it to happen before buying, since you are going to miss a lot of buying opportunities, that's why the dca accumulating strategy remains the best because you will buy at every price interval, and even the lowest part of the dip those that buys only the dip may miss out on, thinking that it's going to dip further, so buying regularly and consistently is the best, and you can even choose to buy aggressively when the dip comes with your reserve funds.
So what am trying to say is that it's not a bad thing to buy the dip, what's bad is waiting for it before buying when you have not gotten to your over accumulation status yet.

[Gallar]

i already over $2500 worth of bitcoin during this dip and HERE is the link to that very thread where i bought and was also encouraging others to do same.
i felt so much joy after buying because i know i ready made the very right decision and i'm not ending my buying journey as i also look towards buying consistently through the DCA method.

to all who can buy, please do as this is another shot for those who missed out from the previous circle.

That's a very good move, my friend, because Bitcoin is currently experiencing a correction, and buying now will definitely increase the value of the Bitcoin we can obtain. So, I also recommend anyone who is ready to hold Bitcoin for the long term to buy now. This is a golden opportunity, and it may not come again. Analyzing this, even now, Bitcoin's price is likely to rise again. I believe the current correction is already too deep.

Therefore, we must be enthusiastic about continuing to buy and hold Bitcoin. Bitcoin won't wait for anyone, so we must pursue it and participate. But remember, I emphasize this only to those with discretionary funds and those who are prepared to accept all the risks. Undeniably, even though Bitcoin is a very good asset, there are still risks, no matter how small.

[Patrol69]

We must have a clear understanding of the risks, we are not guaranteed to win anything, and that is why we should not invest the necessary amount of money. People expect quick success, and this is why they start making harmful decisions, because due to their expectations they become confident and take unrealistic risks, which ultimately result in losses. They should understand that investing in assets like Bitcoin without a long-term perspective often leads to disappointment, because its price fluctuations are very volatile in the short term, so make realistic decisions, do not invest in a way that can create problems.

It all depends on each individual if they dare to do something like that and they have ensured that when things don't match their expectations they must accept the risks rationally without blaming anyone.

Understanding more deeply about Bitcoin investment is better because in this forum we only use a 100% perspective value meaning that 100% is divided into two parts and the first part is 99% luck and the second is 1% of our abilities regardless of the possible risks that we will receive so in my opinion it is better to take a relaxed and consistent walk every time you want to do either a small amount or a possibly very impressive amount in investing because if there is a mistake it will certainly be more difficult to grow back like the beginning that was done by someone.

Although I agree with you on taking risks, taking responsibility for your decisions, not blaming others for your losses, I cannot agree with you on this point that you said 99% luck and 1% strategy. You cannot really rely on luck in long-term investing, those who gamble usually rely on luck but you are not gambling here or long-term investing cannot be compared to gambling in any way, then I will not agree with you on this point. If you rely on 99% luck, I think you will not adopt any investment strategy on your own like other investors do, such as DCA investment strategy, as well as emergency funds to protect your investment from sudden need to sell, as well as many other strategies. Since you have given so much importance to luck, I think you do not try to invest even with extra money. If all this is the case, then you are not really moving in the right direction.

In investing, understanding, consistency and discipline play a more important role than luck and these are the real differences in investing. If you depend on luck but forget to control your emotions then you will not be able to hold on rather you will sell on emotion. You said in one of your lines that going slowly yes it is realistic and this is what most long term investors do. So I would say do not depend on luck but keep patience, consistency, understanding and reliability as part of investing then only you will see yourself as a successful investor.

[Hardyrobust]

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The DCA strategy is a reliable strategy that also cover up buying the dip strategy. If you are starting Bitcoin investment new don't wait for the price of Bitcoin to dip before you can start accumulating Bitcoin because you can waiting for the dip and wait for several months without the price of Bitcoin reaching your expected end, with the DCA strategy you are regularly in the market accumulating steadily and hodl for long without waiting for the dip to accumulate.

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

[Abelly]

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The DCA strategy is a reliable strategy that also cover up buying the dip strategy. If you are starting Bitcoin investment new don't wait for the price of Bitcoin to dip before you can start accumulating Bitcoin because you can waiting for the dip and wait for several months without the price of Bitcoin reaching your expected end, with the DCA strategy you are regularly in the market accumulating steadily and hodl for long without waiting for the dip to accumulate.

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

Many people invest their entire funds at once, and as a result, they cannot take advantage of big price drops. Also, they often miss the market by waiting too long. Understand market conditions. The real skill is to adjust according to the situation, rather than relying on just one strategy.

[Zackz5000]

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The DCA strategy is a reliable strategy that also cover up buying the dip strategy. If you are starting Bitcoin investment new don't wait for the price of Bitcoin to dip before you can start accumulating Bitcoin because you can waiting for the dip and wait for several months without the price of Bitcoin reaching your expected end, with the DCA strategy you are regularly in the market accumulating steadily and hodl for long without waiting for the dip to accumulate.

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

[Silikiem]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Bitcoin has proven to be much profitable for the long term. It's high time you quit trading your bitcoin stash for cheaper gains that won't change your financial status in the future and start investing for the long term because that is the better way to make profits in bitcoin.

Buying of bitcoin only during price dip and staying out when when price rises only reveals the mindset of a trader because this approach requires timing of the market  and  when wrong can triggers emotion and fear of loose  and investor may be force to sell off their Bitcoin holding. For an investor whose intention is to accumulate and hold Bitcoin for the long term growth. Bitcoin should be bought continuously using the DCA method and using discretionary income only.

You should not forget that buying the Dip is also an investment strategy. Hat really matters is the intention of the investor and is goal. It is true that DCA strategy is a very good strategy but it is not the only strategy as any strategy used can also lead to success. The most important thing is to be sure that you are investing with only your discretionary income at all time.

The biggest problem of this strategy is admitting that the current dip is enough dip to buy: some investors who buy dips end up  procrastinating unendingly hoping that a better dip is coming. Some of them don't buy any bitcoin until they now loose interest or have their discretionary income spent on other unnecessary things. If an investor  understands that excessive timing of the market could cause a delay and missed opportunities then he would buy every dip. This period we're into is a dip, waiting for another dip from here is not an option and such person may end up not investing anymore.

Well it depends on what parameters you’re using to measure your success in bitcoin investment. Is it that you are measuring success by short term quick profit or long term goal. It is true that the DCA is not only the buying strategy In bitcoin but if we can be honest with ourselves those who focus their main buying strategy through the dip buying method and those who are regularly or perhaps persistently buying bitcoin and hold for long term goal with the DCA pattern, you can’t compare their level of success rate. For me i think that the level of someone’s success In bitcoin investment will have to be measured by how decent amount of bitcoin the person is able to have accumulated over the years and reach his accumulation target or perhaps over accumulation and hold for long term gains. Now tell me how an individual who’s always wanting to buy bitcoin only when the price of bitcoin is low will be able to attain this success track, it will take more time before he can get to that success level of reaching his accumulation target or perhaps over accumulation because if buying the dip is his major strategy there’s a tendency that he will have to be waiting until the price of bitcoin is low before he can buy bitcoin and we all knows that bitcoin price movement is very unpredictable and highly volatile and the dip may or may not happen, and there’s also a high possibility that even when the dip occurs there will be procrastination of buying bitcoin because you’re waiting for the better dip and by so doing you end up not buying bitcoin because price doesn’t wait for you as bitcoin is very volatile and you end up not having a reasonable decent amount of bitcoin to your portfolio, if that’s the case then success is still far fetched when compared to buying with the DCA method.