NFA

[OsaiEmma]

Is the downward movement of Bitcoin really an opportunity to be utilized right now? Cause we all know that Bitcoin always comes in cycles, the uptrend started late 2022 since then we have seen an ATH of >120k, at the moment, it's resting on MA-10 (10 days moving average), which had been the base for the up trend so far, but I think the bull market will soon elapse, and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

I know so many people will say it doesn't really matter, but if we go by the calculation, comparing buy at any point, and buying during a bear market (very low cause no body can accurately and with certainly time the bottom or top before a reversal) on the long run, you will see that there is more profit to be made buying during the bear market, I mean, the market is literally giving you the Bitcoin at a discounted price. For me, I'm excited we are about getting into this new phase, I don't know when exactly, but it will be soon, and it will be time to start aggressively accumulating 😉

Again NFA 😂

[AG0RA]

...and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

So fiat... If you're still seeing Bitcoin as an investment, I'm worried you still have a lot to learn.

[OsaiEmma]

...and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

So fiat... If you're still seeing Bitcoin as an investment, I'm worried you still have a lot to learn.

Of course, Bitcoin is an investment, what else should it be, if not an investment?

[Tungbulu]

And who said Bitcoin investment is about the profit you make now or within the short term? While it’s true that those who buy during the bearish period may likely see more profit than someone who continues to buy at any price point. But the truth about Bitcoin investment is that timing the market doesn’t always end well, yeah, you’ll end up missing out on potential opportunities while waiting for the right time (bear market) so you can make more profit . You don’t see a bear market all the time, so what do you do when we are not in the bear market? Wait? While others are busy accumulating more BTC, so now who do you think will be at more advantage during the long term, you who’s waiting for the bear market or someone who’s consistently accumulating, both in the bearish and bullish market?

...and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

So fiat... If you're still seeing Bitcoin as an investment, I'm worried you still have a lot to learn.

A lot to learn?

Like what exactly?

I also consider Bitcoin to be an investment, I assume I have a lot to learn too? So please why don’t you give me some lectures.

[Fivestar4everMVP]

I know so many people will say it doesn't really matter, but if we go by the calculation, comparing buy at any point, and buying during a bear market (very low cause no body can accurately and with certainly time the bottom or top before a reversal) on the long run, you will see that there is more profit to be made buying during the bear market, I mean, the market is literally giving you the Bitcoin at a discounted price. For me, I'm excited we are about getting into this new phase, I don't know when exactly, but it will be soon, and it will be time to start aggressively accumulating 😉

Again NFA 😂

I perfectly understand the reason for the NFA you added, well, in as much as i understand and definitely buy into every thing you have said, I would still say that currently, things have changed a bit  from how it used to be in the past, I do not know what you think but we may likely never see the price of Bitcoin below $100k as a reason of a bear market or season..

I know that of recently, the price went below $100k but we all saw how fast it rose back above that price, this is giving me a feeling that even buying bitcoin at the moment is still OK because it may never be way cheaper than it currently is, but all the same, this is just my prediction based on my personal belief, I might be wrong.

[Josefjix]

If you are comparing Bitcoin movement with the way it does move before, then you should be making a mistake that is misleading you to the old pattern that had been collapsed. Remember, during the old pattern, there was no bulk purchase by higher institutions, the market only moves by real and individualise traders that filled up the market and exit the market too as well gradually and genuinely, thereby causing the price movement to be predictable according to the cycle it does follow.

You could know that a cycle of 5 years Bitcoin reaches new ATH and crashes down for another periodic cycle of about 5-6 years for another new ATH and so on. It's no longer that anymore, it's different know, Bitcoin had recorded about 10 different ATH within this year, so it's building another structure, another pattern.

[Ever-young]

...and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

So fiat... If you're still seeing Bitcoin as an investment, I'm worried you still have a lot to learn.

I’m actually confused here. What exactly do you mean by you’re worried he’s got a lot to learn if he seeing Bitcoin as an investment. Bitcoin is a lot of things and I don’t think an investment isn’t one of them.

It’s true that Bitcoin was initially created as a way for people to gain complete control of their finances without having to necessarily depend on any third party like banks and other financial institutions. But with time as Bitcoin gained more traction and adoption, it involved from that to several other things, people seized the opportunity as a form of investment and it’s pretty much working.

[OsaiEmma]

And who said Bitcoin investment is about the profit you make now or within the short term? While it’s true that those who buy during the bearish period may likely see more profit than someone who continues to buy at any price point. But the truth about Bitcoin investment is that timing the market doesn’t always end well, yeah, you’ll end up missing out on potential opportunities while waiting for the right time (bear market) so you can make more profit . You don’t see a bear market all the time, so what do you do when we are not in the bear market? Wait? While others are busy accumulating more BTC, so now who do you think will be at more advantage during the long term, you who’s waiting for the bear market or someone who’s consistently accumulating, both in the bearish and bullish market?

Thanks for this, now anybody can accumulate however they like, but one thing about investment is, you take the best approach possible to maximize profit, accumulating at whatsoever point is not bad, but accumulating at the best price is better, yes even if you buy at an ATH, and keep DCAing as it dips to it's low during the bear market, when the bull season comes you will be in profit, but if you decide to be patient, or keep your money (save or hold a stable coin, whatsoever way you choose, or just chill and wait) and when the dip happens, you start DCAing, at the end of the day, you'll be in more profit, or you'll invest less to gain more compared to the later. Now let's do a little math.

Mr. A and Mr. B wants to start investing in BTC this year,

Mr. A bought 1 BTC at it's ATH(120k), bought 1BTC again at 110k, bought again at 105k, that's 3BTC owned at 405k right, now BTC rose to 200K that's him having, 600k worth of BTC, making a profit of 195k.

Now, Mr. B decided to wait, and buy at 108k, it dipped and he bought at 105k, it dipped again and he bought at 100k that's buying 3BTC for 313k, at 200k ATH, he'll be making a profit of, 287k

The difference in profit is 287k - 195k = 92k

Always buying at any price with BTC is not a total loss, but buying at a discounted price, that's what we call investment expertise

If you are comparing Bitcoin movement with the way it does move before, then you should be making a mistake that is misleading you to the old pattern that had been collapsed. Remember, during the old pattern, there was no bulk purchase by higher institutions, the market only moves by real and individualise traders that filled up the market and exit the market too as well gradually and genuinely, thereby causing the price movement to be predictable according to the cycle it does follow.

You could know that a cycle of 5 years Bitcoin reaches new ATH and crashes down for another periodic cycle of about 5-6 years for another new ATH and so on. It's no longer that anymore, it's different know, Bitcoin had recorded about 10 different ATH within this year, so it's building another structure, another pattern.

I beg the differ, yes, it's true that BTC has gained more traction over the years, infact, the COVID 19 incident that really crashed the US economy had led so many parties, company and individuals to seek investments other than the dollar and gold, this led to a massive adaptation of Bitcoin, but even at that, the cycle is still there, the market crashed and spiked as per the cycle, yes, you are seeing a new high, that is just typical uptrend movement a record of new highs, higher highs and lower lows.



This image clearly shows this movement,
So there is no 10 different ATH take note

[Tungbulu]

Mr. A and Mr. B wants to start investing in BTC this year,

Mr. A bought 1 BTC at it's ATH(120k), bought 1BTC again at 110k, bought again at 105k, that's 3BTC owned at 405k right, now BTC rose to 200K that him having, 600k worth of BTC, making a profit of 195k.

Now, Mr. B decided to wait, and bought at 108k, it dipped and he brought at 105k, it dipped again and he bought at 100k that's buying 3BTC for 313k, at 200k ATH, he'll be making a profit of, 287k

The difference in profit is 287k - 195k = 92k

Always buying at any price with BTC is not a total loss, but buying at a discounted price, that's what we call investment expertise

Yes we know that the market would surely dip at some point but what’s the guarantee that it’ll dip when or where you anticipate it to.

Let’s say Mr A bought 1 BTC at $120k, which is believed at that point to be an ATH, and then starts accumulating every week and the price of Bitcoin starts to move from $120k to $125k, and then to $130k, and still keeps moving while while Mr A keeps accumulating at every price point. And then Bitcoin moves all the way to $135k (which is very possible) before starting to dip, and then it goes from that point ($135k) to maybe $124k and then start going up again from there, While Mr B is still there waiting for the price to dip to $100k or maybe lower…
Surely, there’s been a dip but it wasn’t at the point that Mr B anticipated, which has made him to potentially missed out on the potential opportunities to buy and HODL. In a situation like this, who do you think would be in more profit still?

[Satofan44]

Of course, Bitcoin is an investment, what else should it be, if not an investment?

If you are here only to make more dirty fiat, then you have not learned anything. Bitcoin as an investment is on the end of the list things of what it is.

A lot to learn?

Like what exactly?

I also consider Bitcoin to be an investment, I assume I have a lot to learn too? So please why don’t you give me some lectures.

Yes, you do. Buying Bitcoin only to go back to the fiat scam means you have learned nothing. Don't be a leech and educate yourself properly. Superficial understanding leads nowhere.

Is the downward movement of Bitcoin really an opportunity to be utilized right now? Cause we all know that Bitcoin always comes in cycles, the uptrend started late 2022 since then we have seen an ATH of >120k, at the moment, it's resting on MA-10 (10 days moving average), which had been the base for the up trend so far, but I think the bull market will soon elapse, and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

Again NFA 😂

Wrong on several levels.

Firstly, in recent days pretty much everyone has been negative about it so do not have the accurate reflection of sentiment. You can check it on any social platform. Furthermore, sentiment analysis metrics showed "extreme fear" recently. This means that a lot of people are sharing your opinion, even if they may be manipulated into it by recent events.

Secondly, the cycle theory is nonsense. The halvings have very little effect now and their remaining power will continue to diminish. That the 4 year cycles were related to the halvings were a temporary transient artifact, it eventually must change. If it won't and you are certain, then you can prove us right by staking all your net worth on making one of those "cycle trades". How exactly it is going to change we are going to see soon.

Thirdly, you are failing at the basics. Many people quote Warren Buffet the old zombie about investment advice, and when times come when this advice should be applied they chicken out and write doom and gloom forecasts just as you did now. Are we supposed to buy when others are bullish or when they are fearful -- what did he say again?  

[Alvin_talk]

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

Of course its true, " all time is the best time to start investing in Bitcoin". Waiting for a DIP before investing can be misleading, it leads to procrastination and missed opportunities, the truth is the price of Bitcoin in 10 years to come will be far more than what it is today and we invest to benefit from that future growth.

If the time wasted to wait for the DIP had been used to invest in bitcoin at any point in time,  your portfolio would likely be in a much stronger position today.

[OsaiEmma]

Yes we know that the market would surely dip at some point but what’s the guarantee that it’ll dip when or where you anticipate it to.

Let’s say Mr A bought 1 BTC at $120k, which is believed at that point to be an ATH, and then starts accumulating every week and the price of Bitcoin starts to move from $120k to $125k, and then to $130k, and still keeps moving while while Mr A keeps accumulating at every price point. And then Bitcoin moves all the way to $135k (which is very possible) before starting to dip, and then it goes from that point ($135k) to maybe $124k and then start going up again from there, While Mr B is still there waiting for the price to dip to $100k or maybe lower…
Surely, there’s been a dip but it wasn’t at the point that Mr B anticipated, which has made him to potentially missed out on the potential opportunities to buy and HODL. In a situation like this, who do you think would be in more profit still?

Thank you for this, your point is you don't know when BTC will dip or pump right, well if you follow the trend, see the news, read the chart, it is all there in plain sight, I really do understand and consider your point, and it is very valid, but if someone can tell if BTC will dip, then it will be good right, but if you can't, then go ahead and buy at whatsoever price suits you best, as I said earlier, luckyly, BTC is a unique investment, and one that will give you profit in the long run irrespective of where and when it was bought (price wise), but as for me, to some extend I can make analysis and choose my best option, and if I miss it, it's all part of investment.

Of course, Bitcoin is an investment, what else should it be, if not an investment?

If you are here only to make more dirty fiat, then you have not learned anything. Bitcoin as an investment is on the end of the list things of what it is.

A lot to learn?

Like what exactly?

I also consider Bitcoin to be an investment, I assume I have a lot to learn too? So please why don’t you give me some lectures.

Yes, you do. Buying Bitcoin only to go back to the fiat scam means you have learned nothing. Don't be a leech and educate yourself properly. Superficial understanding leads nowhere.

Now this is so funny, how do you get Bitcoin is it not by buying with fiat, and how do you benefit from Bitcoin, is it not by selling of profit to pay bills, we know initially (from the white paper) Bitcoin was made to eliminate trust during transactions, that is, I don't need to rely on your genuineness or put my trust on a 3rd party to carry out financial transactions, but truth be told, the mechanism of Bitcoin today is far from that, ok can you tell us, others than this, what Bitcoin is used for, is it just to be bought and stacked and keep stacking, if we all do that, there will be no liquidity at all for Bitcoin to gain value, I don't know if maybe you don't understand how these things works, it needs to be bought and sold to gain liquidity and this involves fiat.

Is the downward movement of Bitcoin really an opportunity to be utilized right now? Cause we all know that Bitcoin always comes in cycles, the uptrend started late 2022 since then we have seen an ATH of >120k, at the moment, it's resting on MA-10 (10 days moving average), which had been the base for the up trend so far, but I think the bull market will soon elapse, and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

Again NFA 😂

Wrong on several levels.

Firstly, in recent days pretty much everyone has been negative about it so do not have the accurate reflection of sentiment. You can check it on any social platform. Furthermore, sentiment analysis metrics showed "extreme fear" recently. This means that a lot of people are sharing your opinion, even if they may be manipulated into it by recent events.

Secondly, the cycle theory is nonsense. The halvings have very little effect now and their remaining power will continue to diminish. That the 4 year cycles were related to the halvings were a temporary transient artifact, it eventually must change. If it won't and you are certain, then you can prove us right by staking all your net worth on making one of those "cycle trades". How exactly it is going to change we are going to see soon.

Thirdly, you are failing at the basics. Many people quote Warren Buffet the old zombie about investment advice, and when times come when this advice should be applied they chicken out and write doom and gloom forecasts just as you did now. Are we supposed to buy when others are bullish or when they are fearful -- what did he say again?  

Now:

1) I barely do sentimental analysis, I do analytical and fundamental analysis, sentiment is important but it mostly reflects short term analysis, if we go by sentiment in BTC investment in my little experience and opinion, it won't hold for the long term, unless the sentiment is on a long term analysis.

2) The cycle is as accurate as anything, do you think the cycle is a prediction or a guess, or a mechanism created by people out of thin air, this cycle reflects the mining difficulty of Bitcoin, every 4 years, the mining difficulty of Bitcoin increases leaving miners with less Bitcoin to be mined(half the previous rate), during this period Bitcoin becomes scarce, leading to more demands and less supply (the law of demand and supply) but it doesn't last for ever, so there is a cool of period where the demand drops, and then more supply, this is a fact, like it is not a guess or whatnot, so the cycle is not a guess or a planned event, it is in the mechanics of the coin, hard coded, although the circulating supply will end and no more mining(around 2040), until then the cycle is true.

Yeah, you are right, people do not stick to set strategy because of lack of training, experience and presence of emotions, it is not easy, that's why there is fear and greed index, and that is why it is very possible to predict the market, the sharks will swallow the swimmers that's how the market is, unless you are smart, but BTC is unique, you can make profit irrespective of when you buy so yeah.

AND I AM REALLY CURIOUS AS TO WHAT BITCOIN IS IF WE ARE NOT TO INVOLVE FIAT AND IF IT IS NOT FOR INVESTMENT SO AS TO MAKE PROFIT, PLEASE ENLIGHTEN US

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

Of course its true, " all time is the best time to start investing in Bitcoin". Waiting for a DIP before investing can be misleading, it leads to procrastination and missed opportunities, the truth is the price of Bitcoin in 10 years to come will be far more than what it is today and we invest to benefit from that future growth.

If the time wasted to wait for the DIP had been used to invest in bitcoin at any point in time,  your portfolio would likely be in a much stronger position today.

You are absolutely right, and I don't intend to mislead anyone, but in my own opinion, I feel bitcoin is the simplest and most straightforward investment which we can predict and position ourselves for a long term investment, although so many variables are there like market sentiment, government involvement and policies, economical crisis, but still, it is decentralized and unique so it will hold much more than gold, and some stocks in the long run, if an individual can not read the signs, you should go ahead and accumulate when thou see fit

[Sammye3]

There is never the right time to buy Bitcoin, every opportunity is the right time to buy. Keep investing, keep stacking those coins using DCA strategy which is the best advisable way for small investors.

You don't have to wait for the bear market to place a buy order, as it might not be suitable for your income to buy at that point for a large order.

Technical and fundamental analysis can be helpful at the point but might not determine the movement of Bitcoin on the long run so it's best to start at any point.

[Satofan44]

Now this is so funny, how do you get Bitcoin is it not by buying with fiat, and how do you benefit from Bitcoin, is it not by selling of profit to pay bills, we know initially (from the white paper) Bitcoin was made to eliminate trust during transactions, that is,

What is this bullshit? If your only benefit is paying bills from the gains you may as well pick any asset, any stock or other investment vehicle that is profitable. Bitcoin is irrelevant in that example if it can be replace by anything arbitrary. You are not deriving any value or utility from it itself but rather only from the fiat appreciation.

I don't need to rely on your genuineness or put my trust on a 3rd party to carry out financial transactions, but truth be told, the mechanism of Bitcoin today is far from that, ok can you tell us, others than this, what Bitcoin is used for, is it just to be bought and stacked and keep stacking, if we all do that, there will be no liquidity at all for Bitcoin to gain value, I don't know if maybe you don't understand how these things works, it needs to be bought and sold to gain liquidity and this involves fiat.

There are countless utilities of Bitcoin. If you can't imagine some, that does not mean that they don't exist. For one, the freedom to interact with others and do as I please in monetary terms gives me utility. Second, the ability to escape an impoverishing system of the fiat scam. Neither one of those involves selling back into the fiat scam.

1) I barely do sentimental analysis, I do analytical and fundamental analysis, sentiment is important but it mostly reflects short term analysis, if we go by sentiment in BTC investment in my little experience and opinion, it won't hold for the long term, unless the sentiment is on a long term analysis.

Yet that is what is happening most of the time and even you fell for it. All that is necessary was to have a short period of downtrend and most people who were bullish are panicking and now making negative predictions.

2) The cycle is as accurate as anything, do you think the cycle is a prediction or a guess, or a mechanism created by people out of thin air, this cycle reflects the mining difficulty of Bitcoin, every 4 years, the mining difficulty of Bitcoin increases leaving miners with less Bitcoin to be mined(half the previous rate), during this period Bitcoin becomes scarce, leading to more demands and less supply (the law of demand and supply) but it doesn't last for ever, so there is a cool of period where the demand drops, and then more supply, this is a fact, like it is not a guess or whatnot, so the cycle is not a guess or a planned event, it is in the mechanics of the coin, hard coded, although the circulating supply will end and no more mining(around 2040), until then the cycle is true.

No, it is not. You are confusing the terms. There is a 4 year halving cycle and there is a 4 year market cycle. Read my words again. That the market cycle was happening in some relation to the halving cycle is a temporal artifact. It is nonsense to look at it that way. There is not enough data to conclude anything.

AND I AM REALLY CURIOUS AS TO WHAT BITCOIN IS IF WE ARE NOT TO INVOLVE FIAT AND IF IT IS NOT FOR INVESTMENT SO AS TO MAKE PROFIT, PLEASE ENLIGHTEN US

Hard money, power, freedom and sovereignity. It is everything. Fuck off with your dirty fiat.

[Alpha Marine]

People don't say "buy at any time" because there is no time they can get it for cheaper; they say that for two reasons. One is that you cant accurately know when the "right opportunity" you're waiting for will be. You may be waiting for a dip that never comes when you expect it to. You can also get the dip, and immediately you buy, you see the price dip even more. So it's just best to buy whenever you have the money to, and that is why people are advised to DCA.

This leads to the second reason. to get profit out of bitcoin you have to hold it for a long term. So since you're holding it for the long terms, which in my opinion should be at least one circle, the price yure buying for doesn't really matter that much. The price matters when you want to just make short term profit, which is not guaranteed. It has to be very well times.

[NeuroticFish]

I know so many people will say it doesn't really matter, but if we go by the calculation, comparing buy at any point, and buying during a bear market (very low cause no body can accurately and with certainly time the bottom or top before a reversal) on the long run, you will see that there is more profit to be made buying during the bear market

You've missed the point.

First of all, bear market tends to come rather unexpectedly, it has ups and downs and can trick you easily. After a while a newbie can end up doing the math and seeing he keeps losing no matter he holds of buys. The usual human reaction is to panic sell.

Then, bear market is usually disappointingly long, hence most tend to get into "I'm not buying that shit" type of thinking.

Next bull run, after years, will show that no matter you bought at ATH or in the bear market, you're still on profit.

But:
* This means one must survive a cycle (PS. many say that there will no longer be cycles). It's indeed more bearable to survive the cycle if you buy only in the bear market, but there's always a "what if the will be no cycle", there's always "I'll buy tomorrow because maybe it goes lower... until it's not".

* If one survives a cycle, most probably will survive more of them and then he will see how unimportant was to "hunt for a discount".

* Sadly, markets are counterintuitive for most; most tend to FOMO buy and panic sell. Opposed to all that, DCA no matter what is simple and "just fine" (less risk, almost same reward). The real challenge is to have the strength to not panic sell, no matter when you've bought.

[OsaiEmma]

Now this is so funny, how do you get Bitcoin is it not by buying with fiat, and how do you benefit from Bitcoin, is it not by selling of profit to pay bills, we know initially (from the white paper) Bitcoin was made to eliminate trust during transactions, that is,

What is this bullshit? If your only benefit is paying bills from the gains you may as well pick any asset, any stock or other investment vehicle that is profitable. Bitcoin is irrelevant in that example if it can be replace by anything arbitrary. You are not deriving any value or utility from it itself but rather only from the fiat appreciation.

Note, the bill part was just an example, I can use the profit for anything, travels, shop, get married, build a house, e.t.c,

With that being said, I know you can stack Bitcoin as an entity to hold your wealth, just like owning stocks, shares, properties, and  lands, that's true, but at the end of the day, how valuable it is will be measured against fiat, if it is not, if u think I'm lying go check charts, or go check coin market cap, at the end of the day, it tells you its value in fiat, in other words, if you want to truly utilize it, you will measure it in fiat.

Now I ask again, how does Bitcoin gain liquidity, how do you buy and sell it, how do you measure its value, only one worth FIAT

I don't need to rely on your genuineness or put my trust on a 3rd party to carry out financial transactions, but truth be told, the mechanism of Bitcoin today is far from that, ok can you tell us, others than this, what Bitcoin is used for, is it just to be bought and stacked and keep stacking, if we all do that, there will be no liquidity at all for Bitcoin to gain value, I don't know if maybe you don't understand how these things works, it needs to be bought and sold to gain liquidity and this involves fiat.

There are countless utilities of Bitcoin. If you can't imagine some, that does not mean that they don't exist. For one, the freedom to interact with others and do as I please in monetary terms gives me utility. Second, the ability to escape an impoverishing system of the fiat scam. Neither one of those involves selling back into the fiat scam.

Of course you can choose to keep accumulating until the day you die and not selling of, or maybe until the day the whole world start accepting Bitcoin as a legal tender, whatsoever suits you best.

You said "the freedom to interact with others and do as I please in monetary terms gives me utility." Is it not the same thing I said earlier, the original intent of Bitcoin is to create a system where we are in charge of our wealth, giving us full control and creating a trustless financial transaction system, where we do not need a third party, or are you just throwing around catch phrase.

1) I barely do sentimental analysis, I do analytical and fundamental analysis, sentiment is important but it mostly reflects short term analysis, if we go by sentiment in BTC investment in my little experience and opinion, it won't hold for the long term, unless the sentiment is on a long term analysis.

Yet that is what is happening most of the time and even you fell for it. All that is necessary was to have a short period of downtrend and most people who were bullish are panicking and now making negative predictions.

Nah.....I don't follow sentiment, I make my analysis, and I'm not panicking, if you read my post well, I said this is time for accumulation as the market will be at a discounted price soon, and the chart is not looking bearish yet, but I believe it will be soon, a 10-MA iin a monthly tf s not exactly bearish, it's just a retracement, so don't mistake my words.

No, it is not. You are confusing the terms. There is a 4 year halving cycle and there is a 4 year market cycle. Read my words again. That the market cycle was happening in some relation to the halving cycle is a temporal artifact. It is nonsense to look at it that way. There is not enough data to conclude anything.

😂😂 I don't need to argue with you, go make your research, check the data, price is being controlled by holders though, and this is just a simple law of demand and supply, but honestly, you don't have to agree, so it is whatever, and I'm not confusing the term, I was just telling why we have the bullish and bearish cycle.

You've missed the point.

First of all, bear market tends to come rather unexpectedly, it has ups and downs and can trick you easily. After a while a newbie can end up doing the math and seeing he keeps losing no matter he holds of buys. The usual human reaction is to panic sell.

Then, bear market is usually disappointingly long, hence most tend to get into "I'm not buying that shit" type of thinking.

Next bull run, after years, will show that no matter you bought at ATH or in the bear market, you're still on profit.

But:
* This means one must survive a cycle (PS. many say that there will no longer be cycles). It's indeed more bearable to survive the cycle if you buy only in the bear market, but there's always a "what if the will be no cycle", there's always "I'll buy tomorrow because maybe it goes lower... until it's not".

* If one survives a cycle, most probably will survive more of them and then he will see how unimportant was to "hunt for a discount".

* Sadly, markets are counterintuitive for most; most tend to FOMO buy and panic sell. Opposed to all that, DCA no matter what is simple and "just fine" (less risk, almost same reward). The real challenge is to have the strength to not panic sell, no matter when you've bought.

Thanks for your input, you've made a valid point,.but if one can tell this is a bear market, like you have the skills to make such analysis, then I think it will be better, although if ur a newbie, then buying when you can is more ideal in as much as you're going in for the long term.

I think there will always be a cycle until mining ends because the mining rewards being halved periodically will create scarcity which will ultimately lead to higher demand ushering in a bullish trend, it's just basic economics.

Now, if you panic sell, then from the start you weren't in for the long run, if you're in for the long run and you want to maximize profit, wait for the dip, but if you're not patient (as a newbie) buy when you can, that's my take

People don't say "buy at any time" because there is no time they can get it for cheaper; they say that for two reasons. One is that you cant accurately know when the "right opportunity" you're waiting for will be. You may be waiting for a dip that never comes when you expect it to. You can also get the dip, and immediately you buy, you see the price dip even more. So it's just best to buy whenever you have the money to, and that is why people are advised to DCA.

This leads to the second reason. to get profit out of bitcoin you have to hold it for a long term. So since you're holding it for the long terms, which in my opinion should be at least one circle, the price yure buying for doesn't really matter that much. The price matters when you want to just make short term profit, which is not guaranteed. It has to be very well times.

Yeah truly we can't accurately pinpoint the best discounted price, but we can pinpoint a window of bearish trend,, if we can then it simplifies things then again NFA 😂

Now I say it simplifies things in the sense that, you know this is a promo season, just buy whenever you can when there is a dip, just as a previous commenter was trying to quote Warren Buffet, buy when others are selling and sell when others are buying, that's it.

[Satofan44]

With that being said, I know you can stack Bitcoin as an entity to hold your wealth, just like owning stocks, shares, properties, and  lands, that's true, but at the end of the day, how valuable it is will be measured against fiat, if it is not, if u think I'm lying go check charts, or go check coin market cap, at the end of the day, it tells you its value in fiat, in other words, if you want to truly utilize it, you will measure it in fiat.

None of this has anything to do with profiting in fiat.

Now I ask again, how does Bitcoin gain liquidity, how do you buy and sell it, how do you measure its value, only one worth FIAT

Wrong. You can measure it in anything that you want, it does not matter how others measure it. You can measure it in the number of bananas if you want.

You said "the freedom to interact with others and do as I please in monetary terms gives me utility." Is it not the same thing I said earlier, the original intent of Bitcoin is to create a system where we are in charge of our wealth, giving us full control and creating a trustless financial transaction system, where we do not need a third party, or are you just throwing around catch phrase.

Similar, but not the same.

Nah.....I don't follow sentiment, I make my analysis, and I'm not panicking, if you read my post well, I said this is time for accumulation as the market will be at a discounted price soon, and the chart is not looking bearish yet, but I believe it will be soon, a 10-MA iin a monthly tf s not exactly bearish, it's just a retracement, so don't mistake my words.

Then this thread is pointless.

Now I spent some time looking into you. You are an account farmer that opened this bullshit thread in hopes to gain some merit. Instead you have received a negative feedback from me. Enjoy the fruits of your labor. Keep farming, keep scamming.   Fake newbie account.

[OsaiEmma]

With that being said, I know you can stack Bitcoin as an entity to hold your wealth, just like owning stocks, shares, properties, and  lands, that's true, but at the end of the day, how valuable it is will be measured against fiat, if it is not, if u think I'm lying go check charts, or go check coin market cap, at the end of the day, it tells you its value in fiat, in other words, if you want to truly utilize it, you will measure it in fiat.

None of this has anything to do with profiting in fiat.

Now I ask again, how does Bitcoin gain liquidity, how do you buy and sell it, how do you measure its value, only one worth FIAT

Wrong. You can measure it in anything that you want, it does not matter how others measure it. You can measure it in the number of bananas if you want.

You said "the freedom to interact with others and do as I please in monetary terms gives me utility." Is it not the same thing I said earlier, the original intent of Bitcoin is to create a system where we are in charge of our wealth, giving us full control and creating a trustless financial transaction system, where we do not need a third party, or are you just throwing around catch phrase.

Similar, but not the same.

Nah.....I don't follow sentiment, I make my analysis, and I'm not panicking, if you read my post well, I said this is time for accumulation as the market will be at a discounted price soon, and the chart is not looking bearish yet, but I believe it will be soon, a 10-MA iin a monthly tf s not exactly bearish, it's just a retracement, so don't mistake my words.

Then this thread is pointless.

Now I spent some time looking into you. You are an account farmer that opened this bullshit thread in hopes to gain some merit. Instead you have received a negative feedback from me. Enjoy the fruits of your labor. Keep farming, keep scamming.   Fake newbie account.

😂😂😂 OMG are you a sadist or what, my God, brah do whatsoever you want, wow, you even went through my account, that's really noble of you, I'm just trying to engage in the community and state my own opinion, you are here investigating me, wow, hope your hard work was rewarded

Then this thread is pointless.

It's obvious you just read the first paragraph of the post I made or you didn't understand at all, but in all I understand that you're a sadist and a very emotional person, you need some growing up to do(irrespective of ya age)

[aoluain]

Is the downward movement of Bitcoin really an opportunity to be utilized right now? Cause we all know that Bitcoin always comes in cycles, the uptrend started late 2022 since then we have seen an ATH of >120k, at the moment, it's resting on MA-10 (10 days moving average), which had been the base for the up trend so far, but I think the bull market will soon elapse, and a new cycle will begin thus creating more opportunity for a lot of people to start investing in Bitcoin.

I've been hearing from a lot of people in the forum that all time is the best time to start investing in Bitcoin, and I've been on a different opinion about it, I think the bear market is the best time to start investing with good and steady DCA strategy.

I know so many people will say it doesn't really matter, but if we go by the calculation, comparing buy at any point, and buying during a bear market (very low cause no body can accurately and with certainly time the bottom or top before a reversal) on the long run, you will see that there is more profit to be made buying during the bear market, I mean, the market is literally giving you the Bitcoin at a discounted price. For me, I'm excited we are about getting into this new phase, I don't know when exactly, but it will be soon, and it will be time to start aggressively accumulating 😉

Again NFA 😂

Generally it doesnt matter when you start buying Bitcoin because if you wait for
the bear market you will indeed be buying at a discount but it you buy before the
bear market you can still buy again anyway and anytime during a bear market.

Also consider that nobody can say for sure if there will actually be a bear market
or when it is likely to start.

If you practice DCA the average just works out pretty much the same in the long
term, and a long term outlook is really a necessity in Bitcoin.