Bitcoin is dropping again… so let’s make this fun instead of panicking.

[wmaurik]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

[Kaliandra]

I can't write a poem about the decline in BTC prices. But with the current decline in BTC prices, this is certainly not unusual, but rather something to be happy about because we can continue to buy BTC since the current price is very cheap and, of course, we may not get such a low price in the future. Yes, we don't need to panic because this is a normal cycle that BTC always experiences. And of course, we don't know when the bear market will arrive because at this point, we can't conclude whether this is the beginning of a bear market or not, as the bull market may not be over yet, given that there are still many people buying BTC. If the bull market is not yet over, then this is definitely the right moment to accumulate BTC. Panicking when the BTC price drops is normal as long as can hold onto  BTC for the long term, but what is very unfortunate is when people panic and sell their BTC even though they are incurring losses.

[Sim_card]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

This is where people who don't understand anything about bitcoin gets it wrong. You cannot buy one full bitcoin as pleb, only whales can do that. Some plebs have failed to start their bitcoin investment because they think they need a huge amount of money to buy bitcoin which is wrong. DCA is very effective and efficient to build and grow your bitcoin portfolio overtime. What matters is your consistency and persistence on carrying out your weekly DCA purchases.

Personally, if I have the money to buy once, I will split it into different segments and spread it all over the weeks because bitcoin price fluctuates especially, now that no one knows if the price will continue to dip or pump. Buying at once is good at the bottom line of the dip and that's impossible to know.

[Btcdeybodi]

Bitcoin is dipping, weak hands are chickening out, they thought we would move with them, but we are determined hodlers, and we will continue to ride with bitcoin whether the price DIPs or skyrockets, the future belongs to those who patiently wait for a greater harvest, Bitcoin is volatile, let us not forget that, everyday cannot be all green and rosy, while we are waiting for better days, we should also know that worst days will appear to test our loyalty, in the end, those who didn't panic in the worst days, will the real conquerors!

Am not good at composing poems but this is just what came out of me while i was typing. I think it rhymes with the current DIP in price of bitcoin

[Black Panda]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

Not only is Bitcoin's value strong in the eyes of Michael Saylor, BlackRock, and other investors, but its value is also very strong in our eyes. Even while trading outside of this forum, I have learned that no one can control the price of Bitcoin, the companies or company owners mentioned here are used to buying Bitcoin with a strong hand and they show that Bitcoin has potential that provides opportunities for everyone over time.

While trading, I realized that Bitcoin has a small fraction of its value, which is a good opportunity for investment because other cryptos cannot be broken down or purchased in small parts like this.

I would say you don't need a PhD to buy Bitcoin.

[Silikiem]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

Not only is Bitcoin's value strong in the eyes of Michael Saylor, BlackRock, and other investors, but its value is also very strong in our eyes. Even while trading outside of this forum, I have learned that no one can control the price of Bitcoin, the companies or company owners mentioned here are used to buying Bitcoin with a strong hand and they show that Bitcoin has potential that provides opportunities for everyone over time.

While trading, I realized that Bitcoin has a small fraction of its value, which is a good opportunity for investment because other cryptos cannot be broken down or purchased in small parts like this.

I would say you don't need a PhD to buy Bitcoin.

Over the years bitcoin have proven to be the most valuable asset among its peers in the crypto market and I personally think that bitcoin is in a world of its own. Of course you don’t even need much to getting started in investing in bitcoin, no phD needed rather just a basic knowledge of bitcoin and couple with your ability to figure out a discretionary income then you’re good to go in your bitcoin investment journey. It’s highly decentralized, no one controls it’s price, rather there can only be speculation regarding the price increase or drops.

[Zackz5000]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

This is where people who don't understand anything about bitcoin gets it wrong. You cannot buy one full bitcoin as pleb, only whales can do that. Some plebs have failed to start their bitcoin investment because they think they need a huge amount of money to buy bitcoin which is wrong. DCA is very effective and efficient to build and grow your bitcoin portfolio overtime. What matters is your consistency and persistence on carrying out your weekly DCA purchases.

Personally, if I have the money to buy once, I will split it into different segments and spread it all over the weeks because bitcoin price fluctuates especially, now that no one knows if the price will continue to dip or pump. Buying at once is good at the bottom line of the dip and that's impossible to know.

If it was compulsory to accumulate 1btc at a time it will be difficult for people to get started with their Bitcoin investment, sincerely we don't need to break a bank to get started with our Bitcoin investment, though i was included among those who believe that Bitcoin will be too costly to get started with until i came to the forum i now realize that Bitcoin can actually be bought gradually , the DCA strategy is very effective you need to buy Bitcoin in full investor can gradually be accumulating little portion with the level of their discretionary income to accumulate either weekly or monthly. We can accumulate more during the dip but the key factor is how consistent we are with our DCA strategy.

[JayJuanGee]

...

Actually when the value of Bitcoin drops, we should not panic and make the most of the opportunity to collect Bitcoin and save it for the future. As you said, Bitcoin has a halving cycle, so every few years the price continues to increase. For me, the problem right now is that I don't have much money to buy some Bitcoin and I save it until the price increases again.

Bitcoin's value remains strong in the eyes of many, especially investors like Michael Saylor, BlackRock, and others, even though Bitcoin has experienced a price decline in recent days. However, today, I see a slight improvement in the price, which is starting to rise again from before. Although not significantly, it still provides an opportunity for those who want to buy Bitcoin now. And if you don't have a lot of money to buy Bitcoin all at once in the current situation, you can make purchases gradually by setting aside a small amount of funds for it after you've resolved other issues in your life.

Not only is Bitcoin's value strong in the eyes of Michael Saylor, BlackRock, and other investors, but its value is also very strong in our eyes. Even while trading outside of this forum, I have learned that no one can control the price of Bitcoin, the companies or company owners mentioned here are used to buying Bitcoin with a strong hand and they show that Bitcoin has potential that provides opportunities for everyone over time.

While trading, I realized that Bitcoin has a small fraction of its value, which is a good opportunity for investment because other cryptos cannot be broken down or purchased in small parts like this.

I would say you don't need a PhD to buy Bitcoin.

Over the years bitcoin have proven to be the most valuable asset among its peers in the crypto market and I personally think that bitcoin is in a world of its own. Of course you don’t even need much to getting started in investing in bitcoin, no phD needed rather just a basic knowledge of bitcoin and couple with your ability to figure out a discretionary income then you’re good to go in your bitcoin investment journey. It’s highly decentralized, no one controls it’s price, rather there can only be speculation regarding the price increase or drops.

Bitcoin does not have "peers in the crypto market."  You might not understand bitcoin if you consider it to have peers.  Those things that you are calling "peers" are various inferior products that are engaging in affinity scams or attacks or distractions. 

Sure, there could be some ways to get involved in that crap... and there might even be some innovations that could end up getting absorbed into bitcoin to the extent that the various shitcoins might serve as testing grounds for certain kinds of ideas that might end up getting added into bitcoin at a later date.

[Merit.s]

Not only is Bitcoin's value strong in the eyes of Michael Saylor, BlackRock, and other investors, but its value is also very strong in our eyes. Even while trading outside of this forum , I have learned that no one can control the price of Bitcoin, the companies or company owners mentioned here are used to buying Bitcoin with a strong hand and they show that Bitcoin has potential that provides opportunities for everyone over time.

While trading , I realized that Bitcoin has a small fraction of its value, which is a good opportunity for investment because other cryptos cannot be broken down or purchased in small parts like this.

I would say you don't need a PhD to buy Bitcoin.

Bitcoin is too precious to trade because it has the potential to multiply your portfolio exponentially in future. Trading is a wrong approach to start your bitcoin journey with because it's similar to gambling due to the unpredictable nature of the market, you will run at loss in the long run and regret your actions in future when bitcoin will be more expensive than this.

A new investor should buy bitcoin and hodli. Build and grow your bitcoin portfolio overtime through regular DCA every week for 4-10 years and above. I bet you, you will be happy that you invested in the future instead of trading that is a bed of losses and sorrow.

[Derekfunds]

Not only is Bitcoin's value strong in the eyes of Michael Saylor, BlackRock, and other investors, but its value is also very strong in our eyes. Even while trading outside of this forum , I have learned that no one can control the price of Bitcoin, the companies or company owners mentioned here are used to buying Bitcoin with a strong hand and they show that Bitcoin has potential that provides opportunities for everyone over time.

While trading , I realized that Bitcoin has a small fraction of its value, which is a good opportunity for investment because other cryptos cannot be broken down or purchased in small parts like this.

I would say you don't need a PhD to buy Bitcoin.

Bitcoin is too precious to trade because it has the potential to multiply your portfolio exponentially in future. Trading is a wrong approach to start your bitcoin journey with because it's similar to gambling due to the unpredictable nature of the market, you will run at loss in the long run and regret your actions in future when bitcoin will be more expensive than this.

A new investor should buy bitcoin and hodli. Build and grow your bitcoin portfolio overtime through regular DCA every week for 4-10 years and above. I bet you, you will be happy that you invested in the future instead of trading that is a bed of losses and sorrow.

Perhaps the right word to use should be potential instead of precious because saying Bitcoin is too precious may look like an understatement because it is not really a crypto terminology and it is or will be disgusting to be playing with potential asset like Bitcoin because it is an asset that is worth having, storing and accumulating for the future and the amazing part of it is that the potential keep growing gradually regardless of some opposite wave (Dip) that tends to scared people who are not strong and people who don't really understand Bitcoin away from doing the right thing

[Cryptoprincess101]

drop a short poem or rhyme about this Bitcoin dip. Anything that is funny, sarcastic, inspirational, whatever mood you’re in.

Who’s got one?

Just as we have rainy seasons, we also have dry seasons
Bitcoin is in rainy days, take it as an opportunity to fetch enough water (buy bitcoin)
When the sunny and dry days come, you will have enough water in your tank (portfolio)
Pay no attention to naysayer, believe in yeasayer
The price may fall, but the value remains.
Believe and trust the process, dream big, think big
The sky will be your starting point, when bitcoin gets to the moon.

[Bigjoe33]

Bitcoin is dipping, weak hands are chickening out, they thought we would move with them, but we are determined hodlers, and we will continue to ride with bitcoin whether the price DIPs or skyrockets, the future belongs to those who patiently wait for a greater harvest, Bitcoin is volatile, let us not forget that, everyday cannot be all green and rosy, while we are waiting for better days, we should also know that worst days will appear to test our loyalty, in the end, those who didn't panic in the worst days, will the real conquerors!

Am not good at composing poems but this is just what came out of me while i was typing. I think it rhymes with the current DIP in price of bitcoin

It is crystal clear and we all know that bitcoin is a volatile asset, therefore, fluctautions in price is undeniable. So approaching the Bitcoin market without a mindset of volatility is a risk itself, because when it eventually Dips, such investor might panic to death/sell.
Surely, nothing good comes easy, and you must Hodl to reap. The Dip Period is a real test of patience and loyalty as you mentioned, because a test is not always easy for people, and unless you are prepared, you may not pass the test, the same goes here for Bitcoin, the fear and panic is a real test, and Hodling with optimism that regardless the Dip, it will appreciate someday, coupled with your back up funds built alongside your investment and a continuous DCA buys is the preparedness you need to stay long to the end.
It will cook again, we must Hodl

[Mrbluntzy]

If the bull market is not yet over, then this is definitely the right moment to accumulate BTC. Panicking when the BTC price drops is normal as long as can hold onto  BTC for the long term, but what is very unfortunate is when people panic and sell their BTC even though they are incurring losses.

Whether the bull market is over or not, you must not be hesitant to buying Bitcoin unless you don't have the money to invest or you have zero knowledge about Bitcoin to not know the advantage of buying consistently. If any beginner have a tangible understanding of Bitcoin, they won't panic because panicking about dump is mostly displayed by beginners that have not had the experience before, panicking symbolizes poor knowledge of Bitcoin or poor experience. Irrespective of when you are buying, as long as you are holding for long term purpose, you will make your profit.

[free-bit.co.in]

Whether the bull market is over or not, you must not be hesitant to buying Bitcoin unless you don't have the money to invest or you have zero knowledge about Bitcoin to not know the advantage of buying consistently. If any beginner have a tangible understanding of Bitcoin, they won't panic because panicking about dump is mostly displayed by beginners that have not had the experience before, panicking symbolizes poor knowledge of Bitcoin or poor experience. Irrespective of when you are buying, as long as you are holding for long term purpose, you will make your profit.

I believe that 100% of people who invest in bitcoin want to make big profits, their goal is not just to make profits. Therefore, when to buy and whether to buy now will depend on each person's strategy and plan. We should not give investment advice to others indiscriminately, buying recklessly when we don't even know what their goals are.

If it were me, I wouldn't advise anyone to buy at this point because historically we are closer to the peak than the bottom. Buying now is risky, so don't give random advice to others.

[Cossyblack]

as long as you are holding for long term purpose, you will make your profit.

I disagree with you,there is no guarantee that when we Hodl bitcoin for the long term,we will be profitable. Historically, Bitcoin has proven to be more profitable when hodl for the long term but there still is no guarantee that we will profitable. We should always have in our minds that no investment is 100% safe & guarantee. If we are investing in Bitcoin,we should invest with our discretional income because there is no guarantee about the future, as we cannot predict what will happen next to Bitcoin.

[Johnlomape]

as long as you are holding for long term purpose, you will make your profit.

I disagree with you,there is no guarantee that when we Hodl bitcoin for the long term,we will be profitable. Historically, Bitcoin has proven to be more profitable when hodl for the long term but there still is no guarantee that we will profitable. We should always have in our minds that no investment is 100% safe & guarantee. If we are investing in Bitcoin,we should invest with our discretional income because there is no guarantee about the future, as we cannot predict what will happen next to Bitcoin.

The first thing you need to ask should be why Bitcoin was created at first. Bitcoin was not created to be seen as an investment that had been making more people to buy trade and hold so that they can be making profits from holding Bitcoin. This was not the reason and I like your response, at least people can understand that Bitcoin should not be always seen as an investment where you buy and hold for a little while before selling to make profits.

Bitcoin was created as a digital currency. The purpose is for making transactions. This is a current we can buy and use it like a normal fiat currency. Not withstanding, you can still hold Bitcoin for the profit aspect but that should never be our priority because the price is not stable. You can buy Bitcoin now and the price could falls, that doesn't mean that you must be looking for when the price will go up so that you can sell.

[JayJuanGee]

Whether the bull market is over or not, you must not be hesitant to buying Bitcoin unless you don't have the money to invest or you have zero knowledge about Bitcoin to not know the advantage of buying consistently. If any beginner have a tangible understanding of Bitcoin, they won't panic because panicking about dump is mostly displayed by beginners that have not had the experience before, panicking symbolizes poor knowledge of Bitcoin or poor experience. Irrespective of when you are buying, as long as you are holding for long term purpose, you will make your profit.

I believe that 100% of people who invest in bitcoin want to make big profits, their goal is not just to make profits. Therefore, when to buy and whether to buy now will depend on each person's strategy and plan. We should not give investment advice to others indiscriminately, buying recklessly when we don't even know what their goals are.

If it were me, I wouldn't advise anyone to buy at this point because historically we are closer to the peak than the bottom. Buying now is risky, so don't give random advice to others.

Don't be retarded.

If you don't have any bitcoin, then you are ONLY prepared for down. You are not prepared for up.

if you want to prepare for up, then the ONLY way to prepare for up is to buy bitcoin and therefore to have some bitcoin.

In bitcoin it is problematic to ONLY prepare for down, and there are a lot of folks who have their bitcoin holdings set up in that kind of a way, which by definition no coiners and low coiners are less than adequately prepared for up.

Sure, each person is ultimately responsible for his own actions and/or nonactions.

One of the BIGGEST problems in bitcoin for normies is their failure/refusal to get a stake in bitcoin.

Many folks would be best serviced if they were to be buying bitcoin for at least 4 years without looking at the price and without trying to guess whether the BTC price is going up or going down in the short-term.

If we go by your own forum registration date (in mid-2014 - very similar to my own), then you surely should have already had 11.5 years of chances to accumulate bitcoin and to prepare for up.. Hopefully, for your own good (and in spite of your bad advice for others), you have done so.  

An overwhelming majority of others are not in your situation, and you think that, generally speaking, newbies should be employing a waiting strategy rather than a getting the fuck started strategy.  You seem to be failing/refusing to recognize the plight of an overwhelming majority of normies, who either have absolutely no bitcoin (perhaps 99% of the population in such situation), and even if they have some bitcoin, they likely do not have enough or close to enough bitcoin.. so you want them to sit around twiddling their thumbs and waiting for lower prices that may or may not happen... And, how the fuck do you know that we are "at or near the top," and even if we were "at or near the top" then why would it matter if a person can establish an investment timeline of 4-10 years or longer?

You seem to be the one giving bad ideas - like you have no fucking clue what bitcoin is, even after you have been registered on the forum for over 11 years?  How could you not know about bitcoin after so much time on the forum?  Are you purposefully trying to mislead?

as long as you are holding for long term purpose, you will make your profit.

I disagree with you,there is no guarantee that when we Hodl bitcoin for the long term,we will be profitable. Historically, Bitcoin has proven to be more profitable when hodl for the long term but there still is no guarantee that we will profitable. We should always have in our minds that no investment is 100% safe & guarantee. If we are investing in Bitcoin,we should invest with our discretional income because there is no guarantee about the future, as we cannot predict what will happen next to Bitcoin.

Sure there is no guarantees about bitcoin, yet we still should have some ideas about bitcoin, which is that it is amongst the best, if not the best, place to put time, energy and value, especially if we can establish a 4-10 year or longer investment timeline.  Sure, we might have to continue to study and learn about bitcoin, and we also might have to continue to study and learn about ourselves and how to balance our ongoing, persistent, consistent and regular investment into bitcoin so that we can make sure that we stay comfortable with our chosen actions.

as long as you are holding for long term purpose, you will make your profit.

I disagree with you,there is no guarantee that when we Hodl bitcoin for the long term,we will be profitable. Historically, Bitcoin has proven to be more profitable when hodl for the long term but there still is no guarantee that we will profitable. We should always have in our minds that no investment is 100% safe & guarantee. If we are investing in Bitcoin,we should invest with our discretional income because there is no guarantee about the future, as we cannot predict what will happen next to Bitcoin.

The first thing you need to ask should be why Bitcoin was created at first. Bitcoin was not created to be seen as an investment that had been making more people to buy trade and hold so that they can be making profits from holding Bitcoin. This was not the reason and I like your response, at least people can understand that Bitcoin should not be always seen as an investment where you buy and hold for a little while before selling to make profits.

Bitcoin was created as a digital currency. The purpose is for making transactions. This is a current we can buy and use it like a normal fiat currency. Not withstanding, you can still hold Bitcoin for the profit aspect but that should never be our priority because the price is not stable. You can buy Bitcoin now and the price could falls, that doesn't mean that you must be looking for when the price will go up so that you can sell.

You sound a bit presumptuous and pretentious Johnlomape.

You are recommending that guys jump into bitcoin and start making transactions with it and that guys do not build up their own stash of bitcoin because building up their own stash of bitcoin is not good for bitcoin?  That's ridiculous.

You have been registered on the forum since May 2021, and you have been fucking around with transacting with bitcoin for the past 4.5-ish years and you have not been building up your own bitcoin stash?

Have you accumulated any bitcoin during the past 4.5 years-ish?  or have you stayed on zero bitcoin because you don't realize that it is valuable to build up your bitcoin holdings, especially if you happen to not be independently wealthy?  

Maybe you are independently wealthy, so you don't have to worry about building your wealth or your bitcoin stash?

Most guys involved in participating in this thread and considering their involvement in bitcoin are not likely already independently wealthy, and even if they were to be independently wealthy, if they want to hang onto their wealth and preserve their wealth, then they better figure out that bitcoin is more than a transactional instrument.

For your own good, you might need to spend some time thinking about your own flawed thinking (and questionable understanding of what bitcoin is) and what level of nonsense you are communicating to other forum members so that others might be empowered by bitcoin rather than continuing to not understand it and to think about bitcoin as if it were ONLY to be used for transactions, as if bitcoin were some kind of a shitcoin, when it is not.

Have you ever considered bitcoin as a disruptive technology, and you think that bitcoin's disruptive attributes come from merely using bitcoin for payments?  I will grant you that it is powerful to be able to send bitcoin anywhere around the world or even to someone standing next to me without intermediaries, yet that still does not mean that I should not accumulate bitcoin and build up my bitcoin stash, even if I might also be transacting in it from time to time.

Have you ever thought that bitcoin might be a part of one of the largest wealth transfer situations in mankind from no coiners to coiners, yet you want guys to be on the no coiner side of such ledger because you are concerned that they might not be transacting enough with their bitcoin?

Don't get me wrong.  I am not against carrying out bitcoin transactions, since bitcoin's powers come from both being able to hold it and to transact with it and without having to give permission or even to reveal details of our holdings, yet we still need to attempt to understand bitcoin within a context instead of proclaiming that bitcoin ONLY fits within our preconceived and likely inaccurate simplistic and dogmatic assessments of it.

By the way, if you had been buying around $50 per week of bitcoin since May 2021, by now you would have had invested right around $12k and you would have had accumulated right around 0.3 BTC, which surely would not be a bad place to be for anyone who might have had gotten into bitcoin 4.5-ish years ago.

Hopefully, you have managed to invest in bitcoin and to hang onto some bitcoin in the past 4.5 years instead of fucking around spending it as fast as you get it and expecting to benefit from bitcoin in those kinds of short-term transactional ways.  

A lot of guys who knew bitcoin early have fucked up over the years through their ongoing transacting in bitcoin yet failing/refusing to build up their own stash of coins.

Usually the better practice for the guys who want to transact in bitcoin has been to spend and replace their bitcoin in their early years of being involved in bitcoin, and so they can still build up their bitcoin stash and to figure out how much bitcoin they want to hold while also promoting ideas and transactional practices.

[Hardyrobust]

as long as you are holding for long term purpose, you will make your profit.

I disagree with you,there is no guarantee that when we Hodl bitcoin for the long term,we will be profitable. Historically, Bitcoin has proven to be more profitable when hodl for the long term but there still is no guarantee that we will profitable. We should always have in our minds that no investment is 100% safe & guarantee. If we are investing in Bitcoin,we should invest with our discretional income because there is no guarantee about the future, as we cannot predict what will happen next to Bitcoin.

Exactly, holding bitcoin for a long time doesn't guarantee success at the end. Some person do think that the reason why they said long term investment is good is because it is certain to be successful at the end. This is misconceptions, holding bitcoin for a long term doesn't mean we are going to have a successful investment. Long term investment is not as risky as short term investment but there is no guarantee that our long term investment in bitcoin is going to be a success.

[uche6215]

No need to freak out, we’ve seen dips like this so many times already.
To lighten the mood a bit, let’s do something different...

If you want, drop a short poem or rhyme about this Bitcoin dip. Anything that is funny, sarcastic, inspirational, whatever mood you’re in.

Who’s got one?

From the dip in the year 2022, this one is not even a dip for many people. Bitcoin was $46k in 2021 and early part of 2022 from articles but from the second quarter of 2022, the bear market started and in the third quarter of the same year, the market hit $15k and stable at $16kk for a very long time and in the month of November, Bitcoin started to rise and 2024 the rise continue and February and match in 2024, the price was on the highest peak. So if bitcoin is on the dip in the Month of November then, next year will be on the dip dip.

[durg0319]

Whether the bull market is over or not, you must not be hesitant to buying Bitcoin unless you don't have the money to invest or you have zero knowledge about Bitcoin to not know the advantage of buying consistently. If any beginner have a tangible understanding of Bitcoin, they won't panic because panicking about dump is mostly displayed by beginners that have not had the experience before, panicking symbolizes poor knowledge of Bitcoin or poor experience. Irrespective of when you are buying, as long as you are holding for long term purpose, you will make your profit.

I believe that 100% of people who invest in bitcoin want to make big profits, their goal is not just to make profits. Therefore, when to buy and whether to buy now will depend on each person's strategy and plan. We should not give investment advice to others indiscriminately, buying recklessly when we don't even know what their goals are.

If it were me, I wouldn't advise anyone to buy at this point because historically we are closer to the peak than the bottom. Buying now is risky, so don't give random advice to others.

I understand. People want big returns but they all have their own plans. It is easy to see. Timing can be high stress when you only look to focus on profit. I like to buy little by little. This way I keep my mind away from highs and lows. It allows me to be steady and have no risky tips.