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Author Topic: It takes the balls...  (Read 500 times)
PrivacyG
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April 15, 2024, 01:22:04 AM
 #41

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
Of course they want more dips.  And when the dip they want never happens, Bitcoin is too expensive!  So why buy now when you can wait until Bitcoin is 100,000 Dollars so you can whine about how expensive it is and how it will NEVER go higher than that.

Stop wasting time with these kind of friends.  They will be stuck in a continuous loop of pretending to be smarter and never actually buying.  At the end of the day, they will lose the most.  Do your own thing, buy your Bitcoin when you feel like it and that is it.

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April 15, 2024, 02:56:50 AM
 #42

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


See, this is why "just holding" is not easy as what every people who do not actually hold thinks. It is always gonna be the decision that messes up everything. From deciding when to buy to when to sell, this has always been the struggle for every holder who were trying to maximize the potential profit that they're making.
People wants a dip or a correction, what it started with a a few thousand dollars, the decision changes opting to wait for a little dip further. Not everyone are actually maximizing the DCA opportunity, some who does DCA might have missed a lot of correction as well as they also want to find the bottom possible.
It is their decision anyway, let them realize what DCA really means.

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April 15, 2024, 11:18:29 AM
 #43

Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.
Everybody do have some money, the difference is are they willing to let go of the money? Are they prepared to risk the money on investment? There are people that don't want to take risks on digital assets and they have enough money.

For most, money isn't the problem, its a matter of choice to choose to trust in Bitcoin, unfortunately in today's world many  people still thinks that Bitcoin is a wrong investment.

This Bitcoin thing is best for those who understand it, this way they will be able to triumph over their emotions, those who sees dump as an opportunity will surely take the risks and those who lacks the knowledge will find it hard to risk more money, although not everyone will be able to keep on buying and buying, especially those who haven't witness a bear to bull market before.

I just believe that Bitcoin deserves to be bought using the DCA method every now and then, and no amount of dump should be able to put a doubting sprit in you.
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April 15, 2024, 12:55:46 PM
 #44

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

They didn't buy any as they wanted more dip...Perhaps, this is the mindset of the people who are actually not in the interest of buying Bitcoin. They are just good at speaking but not good at doing. They want the dip, but they don't spend any penny because for another reason (what IF's). We can hear a lot of stories about this but we can't force them to take risks when they are not nor ask them to try.
Investing is a matter of choice, not all see the potential of Bitcoin, and even how many times it has been proven, still a lot of people keep ignoring it.

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April 15, 2024, 01:27:22 PM
 #45

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
Most people who are into bitcoin actually know that the dip is here already, but they are probably not buying because maybe there are not financially stable yet and for those that are financially stable they might still have the believe that there will be more dips in the coming weeks. If you are not financially stable fine not to invest, but  if you are actually waiting for more DIP then I think you are a risky kind of investor, though life itself is about risk but investing now is probably the best odd you can get on this DIP Period, because more DIP is not certain and as you are actually waiting Bitcoin might start pumping.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

Well on this Aspect I totally agree with you, the Dip is already here and it actually the best time to invest if you have the plans to invest in bitcoin. For those who want more Dip are really not ready because if you have plans to invest during the Dip, how Dip do you want bitcoin to go before you can invest. About considering the DCA I think it a nice idea, probably the best in this DIP period.let assume  you are earning on wages or salary I don’t think you can miss out on the Dip because you always investing each time you get paid. So instead of waiting for more Dip it probably best to invest each time you get paid no matter how little your investment might be it better than waiting and maybe missing out on Bitcoin investment.
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April 15, 2024, 02:00:58 PM
 #46

Well, people are often greedy, and when the prices drop, they just want to wait for them to drop even further. If it doesn't happen, it's a missed opportunity. If it happens, people often lose faith in Bitcoin because now the price is apparently too low, and it might not recover.
I agree that it's one of the reasons why DCA is a good strategy. With DCA, people don't have to think about the prices, and they simply invest a certain amount on a regular basis, which is a way to avoid weaknesses like greed.

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April 15, 2024, 04:18:30 PM
 #47

~
The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

I have the balls (literally), and at the same time, I have the balls to spend my spare money just to buy Bitcoin.
I already sold my phone just to buy more Bitcoins in preparation for the bull run. Just Kidding I will not do that. Cheesy

It's a bit ironic that there are many people who wants Bitcoin to go down 10-20% but when they saw it happened, they wanted more. They wanted Bitcoin to dip even more and because of that mindset, they most of the time miss the opportunities to buy Bitcoin at a much lower price. DCA is considered the safest, and newbie-friendly way of investing, but it still has risks. It will just all come to "how willing you are to take that risk" and buying Bitcoin at it's current price, and you don't care about it going even lower because you're buying it for the mid to long term or at least you will sell it during the bull market.

Overall, if you want to be profitable in investing, you just need to have the balls to buy Bitcoin if it's at it's lowest possible price like this time or maybe a few days ago.

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April 15, 2024, 05:50:53 PM
 #48

Well, the red dip is gone now and it's back up. There are a lot of happenings in just a short amount of time and I hope that everyone has taken advantage of the sale and has profited somehow. Everyone who has bought should be up right now.
I'm sure so many will still be waiting for further dip, not knowing that price had left them behind. The sharp drop was eaten up so easily that it's almost like the huge dump was minor. The dump was so sharp that some portfolios lost over half of their hodlings, but the market is recovering now within 48 hours it happened. If it were before, such a drop could take the market more than a week to recover its loss.

As for taking advantage of the dip to DCA, I won't be alarmed if people aren't doing it but waiting for price to dip more. That has always been the psychology of man; too scared to take action when he knows he's likely to be in the minority to act.

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April 15, 2024, 06:04:07 PM
 #49

It takes balls, money, and wisdom to invest in cryptocurrency. Even before gathering the balls, you need to have the funds for investment, but that's not what I want to go into now. Many people are waiting for the right time to invest in cryptocurrency but in my little time spent learning and knowing kinds of stuff about crypto there's no such thing as " the right time". You may think you've bought those assets and a lower price until after a while the price begins to come down and you start feeling like you've lost more than enough.

The thing about the crypto market is that it fluctuates often. One needs wisdom to understand charts and the movement of the market. Do what you must and do it fast.

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April 15, 2024, 06:25:34 PM
 #50

I wouldn't concern myself with short-term price movements even when they are as significant as the ones that we witnessed because of Iran's bombing of Israel. Whoever has been here for a few years has seen it all and shouldn't be stunned by anything anymore no matter in what direction the price is moving. Everyone would, of course, prefer if it went upwards but it can't always be like that. Those who are patient, usually profit in the long-run. 

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April 15, 2024, 06:49:20 PM
 #51

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
Of course they want more dips.  And when the dip they want never happens, Bitcoin is too expensive!  So why buy now when you can wait until Bitcoin is 100,000 Dollars so you can whine about how expensive it is and how it will NEVER go higher than that.

Stop wasting time with these kind of friends.  They will be stuck in a continuous loop of pretending to be smarter and never actually buying.  At the end of the day, they will lose the most.  Do your own thing, buy your Bitcoin when you feel like it and that is it.
They will be like, it is within the range of 60k, it is still high. I hope it will go back to the range of $40k then I will buy. Then, 40k will never happen again. They will keep speculating until it is bull run and the price is moving fast to 100k. They will eventually join at the range of 90k when the FOMO is very high. Then the bear will happen to them and they will panic and sell at lose. The cycle continues that way.

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April 15, 2024, 06:54:16 PM
 #52

each one has to discover the true btc value at the price he/she deserves... good time for DCA

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April 15, 2024, 07:11:09 PM
 #53

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

Im not seeing that these current prices are the bottom but rather i would really be that tending to expect that there would really be much more lower than this on which it would really be that a normal day here on crypto space on which this is something that we dont really know on where it would really be heading. Have the balls? not all would really be doing such thing specially when making up some DCA.
Whenever the market would really be giving out such movement then to those who do lack experience and awareness on how this market behaves or moves would usually freak out
but for those people who do have the experience then they do really know on how things works and behaves.

Actions would really be taken on the right moment and on the right time but of course no one could be able to know on whats the bottom of this dip. Im expecting something way lower than $50k.

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April 15, 2024, 09:49:46 PM
 #54

Well, based on what I saw in social media and other blogs, the recent dip in bitcoin price is diue to someone or a whalse just sell its bitcoin assets and the amount is too big that's why you can notice the dip in price and it is normal but the changes is significantly noticeable, but this is a good opportunity for us, we could take the risk and buy the dip but also do mind that bitcoin halving is coming in a few days so we are still not sure on what will happen to the bitcoi price, will it keep on increasing or take a massive dip either way its up to us investors on how much risk can we do, I do also hope that the bifcoin price may drop into $50k then I would buy more, because I believe in bitcoin, so I'm ready to take the risk as this may be a good opportunity.

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April 15, 2024, 10:06:24 PM
 #55

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

People here will believe any narrative they want. The conflicts in those countries have nothing to do with BTC's price drop. It's a few days out before the halving; this always happens. It's a little bit more accumulation before any major movement.

Stop trying to push some strange agenda; it's very weird.
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April 16, 2024, 05:17:04 AM
 #56


The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

When the market is in dip, people become crazy and think negatively --drops, collapse, end of crypto, etc...
For many years that have been here, this is the normal situation and still be the possible situation many years from now. Those who think that Investing in Bitcoin is worth will take their chance but those who are not will simply don't mind about it.

Investing should be planned well, if we don't have the guts to risk, then better forget or just enjoy other stuff rather than forcing ourselves to do something that we don't prefer or something that we don't understand. Because this not just talk about money but also preparations and mindset.

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Sebas.tian
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April 16, 2024, 06:23:10 AM
 #57

Yes, the time has come again for investors to purchase Bitcoin from the market, because the price has decreased from higher to lower for those that prepared for it to use this opportunity to purchase Bitcoin, but not everybody that can use this opportunity to purchase because some investors are waiting for the price to reach $40,000 before they can make use of their opportunity to purchase from the market. I think, many investors that missed this year bullish season have learned their lesson not to be in a hurry to purchase Bitcoin , because those that purchased Bitcoin when the price was $19,000 last three years make huge amount of income than those that purchased when the price was $40,000, which it will be a good decision to exercise patience for the price to decrease to your satisfaction before you can purchase. Those that get weak whenever bearish season begin to happen, are those investors that have spend all their income and nothing to use to purchase Bitcoin from the market, because they know that loaning capital to purchase Bitcoin is not advisable to any investors and it can make them weak in the bearish season.

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April 16, 2024, 07:54:31 AM
 #58

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


I have the balls to do whatever I want, I have sold my cars and my properties to buy Bitcoin, and I am still looking forward to buy more Bitcoin, but do not forget that it will get to a point where you won't have a lot more to spend, I am up a lot because I bought my bitcoin using this money at 17k per one Bitcoin, and I am still up till today.

Even with DCA method it will get to a point where you won't be able to keep up, because we are humans, we have other things that we must do, my advice is people need to only do their bests and leave the rest, Bitcoin investment is not a do or die thing.

You don't have to risk all you have on Bitcoin, let's not forget that its easy to invest in Bitcoin but its not easy to be a long term holder, not all money deserves to be invested into Bitcoin, we got to live, we have responsibilities, if you have 0.005 BTC you are already a Bitcoin holder, even if all you have is $500 BTC you are still good.

Make sure you are investing what you can afford, and do not forget to live your life, we are all waiting for a new all time high today, but no one knows tomorrow, it is possible that not everyone will see Bitcoin reach a new all time high, let not having at all be the problem you should fix.

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April 16, 2024, 05:23:43 PM
 #59

I wouldn't concern myself with short-term price movements even when they are as significant as the ones that we witnessed because of Iran's bombing of Israel. Whoever has been here for a few years has seen it all and shouldn't be stunned by anything anymore no matter in what direction the price is moving. Everyone would, of course, prefer if it went upwards but it can't always be like that. Those who are patient, usually profit in the long-run.  
We have time to decides on our future in the space. Profits is important to everyone in the market, we trade and invest because we want to reap enormous profits. Those patient investors are usually the ones that grabbed significant profits in the market. We have watch and experince how these tough seasons happen. The long and short term price movement have always been the top value because there's basically more to achieve this season with our strategy.

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April 16, 2024, 06:07:04 PM
 #60

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


I have the balls to do whatever I want, I have sold my cars and my properties to buy Bitcoin, and I am still looking forward to buy more Bitcoin, but do not forget that it will get to a point where you won't have a lot more to spend, I am up a lot because I bought my bitcoin using this money at 17k per one Bitcoin, and I am still up till today.

Even with DCA method it will get to a point where you won't be able to keep up, because we are humans, we have other things that we must do, my advice is people need to only do their bests and leave the rest, Bitcoin investment is not a do or die thing.

You don't have to risk all you have on Bitcoin, let's not forget that its easy to invest in Bitcoin but its not easy to be a long term holder, not all money deserves to be invested into Bitcoin, we got to live, we have responsibilities, if you have 0.005 BTC you are already a Bitcoin holder, even if all you have is $500 BTC you are still good.

Make sure you are investing what you can afford, and do not forget to live your life, we are all waiting for a new all time high today, but no one knows tomorrow, it is possible that not everyone will see Bitcoin reach a new all time high, let not having at all be the problem you should fix.
Bitcoin has now been more used as an investment, rather than a currency as such. I think you have the balls, if you actually did sell your property to buy Bitcoin.
Using the DCA strategy during the dip and during the pump seasons will make an investor more disciplined to get returns, but having to DCA for a short while and then sell won't assure much reasonable returns.
DCA is for long term investment, so while we experience the dip and anticipate the halving, let's not forget that now is the right time to invest in owning BTC as an asset before it becomes high and unaffordable for those with small income.

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