Stay focused on accumulating Bitcoin, don't bother yourself with current price

[Olotu20]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis. My advice to as many who are panicking is simply volatility is something that is not new when it comes to Bitcoin, stop over stressing yourself over the current Bitcoin price.Convert that your energy and focus on accumulating more sats gradually in this deep because this deep is actually an opportunity to accumulate more Bitcoin due to the drop in price.

[Jubilee58]

I think without thinking twice, this is the right time to begin to accumulate bitcoin, at this point bitcoin has shared it's price almost into two equal halves from the all time high of about $120000 to where it is right now, from the look of things the price of bitcoin might still dip further, but starting to buy at this price is very okay.
Despite the present price of bitcoin, the next bull season can even give investors about 3-4 times of it's present price, so their is no need of even panicking to buy bitcoin in the present price.
As the bitcoin price dips further, to the newbies, buy more bitcoin will feel discouraging, but if you fear to buy now, you might even regret or buy very late when the price will even be higher.

[Mia Chloe]

~snip

I actually beg to differ seriously on the topic title. One of the most important things you need when hodling is price management and that's basically being able to access if that price point is actually gonna be ok for you or not. You can't just ignore price and keep buying like you see people claiming online, that's a lot like misinformation.

One thing I've actually come to understand is when it comes to actually hodling bitcoin people are actually quick to make supportive claims in contrast to what an actual holder would do in real life.

[Doan9269]

Why can't you bother much about the market price when it is what determines your entry point or you're selling and exit point, except if you're intention for buying bitcoin is for an investment purpose and you have the ability of holding for a long time of at least 4 years or more, in this you may not bother about every of the market volatility until you have achieved you awaiting duration, even with that you still have to check on the market prices when you are about to sell after holding for that long.

[Obulis]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis. My advice to as many who are panicking is simply volatility is something that is not new when it comes to Bitcoin, stop over stressing yourself over the current Bitcoin price.Convert that your energy and focus on accumulating more sats gradually in this deep because this deep is actually an opportunity to accumulate more Bitcoin due to the drop in price.

Saying "deep is an opportunity to accumulate more Bitcoin" is not as if you are 100% sure of the next outcome, but the hope behind that vibe is very real that this is actually a dip a golden opportunity to gather more and more Bitcoin and looking at the heading of this thread, it is just as if you are telling long-term holder who are in pressure to continue with DCA strategy that pays no attention to price drop or rise but to stay focused on accumulation of Bitcoin and that invariably means not being bothered about current price.

[Majestic-milf]

 Make we take am say this advice nah for people wey dey financially stable because at this point in the economy wey to see three square meal nah war and nah to first satisfy that need people go dey think before dem reason to invest in Bitcoin or even to pile more. Investing in Bitcoin dey good but the main focus for many people nah to ensure say their needs dey met. If care no dey taken, nah this period wey some people go buy the idea say Bitcoin dey very volatile and as such no be something you suppose throway your funds.

[Olotu20]

Make we take am say this advice nah for people wey dey financially stable because at this point in the economy wey to see three square meal nah war and nah to first satisfy that need people go dey think before dem reason to invest in Bitcoin or even to pile more. Investing in Bitcoin dey good but the main focus for many people nah to ensure say their needs dey met. If care no dey taken, nah this period wey some people go buy the idea say Bitcoin dey very volatile and as such no be something you suppose throway your funds.

You made a very important point financial stability is one thing that should be taken into consideration when trying to start a Bitcoin investment. Someone who is still struggling financially can't invest in Bitcoin without pulling out the money on a short term basis. Bitcoin investment takes time and patience before it's can get the investor profit.

[Kelward]

As a Bitcoin investor if you no go bother yourself about current price be say you de on DCA strategy, di strategy de very straightforward but you need to de dedicated so e no go affect you emotionally. E no de easy to de accumulate Bitcoin when price reach ATH and you de tempted to take profit instead you go de buy knowing say e fit to begin to de dip and you go de lose money.

But if you de dedicated for DCA strategy of Bitcoin accumulation you no go worry about current price, your goal go be to de accumulate for many years according to how you plan am. If you no de for DCA strategy e no go easy not worry about volatility, if you be trader you go worry about dip because you no go make profit also if your investment strategy na to de buy dip you go worry if price begin to de skyrocket.

[sokani]

I know say at di moment, di market no look good, but there's no need to panic. Nothing wey dey happen now wey never happened before. Di bearish state of the market or current dip nah just a phase and e go pass. If person get money, nah to just dey buy Bitcoin and hold,  and when di market bounce back, him go dey in profit.

[Freeveto]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis. My advice to as many who are panicking is simply volatility is something that is not new when it comes to Bitcoin, stop over stressing yourself over the current Bitcoin price.Convert that your energy and focus on accumulating more sats gradually in this deep because this deep is actually an opportunity to accumulate more Bitcoin due to the drop in price.

This is the usual advice that is given to bitcoin investors, they should not bother about the current price or the market speculation, they should focus on buying bitcoin when the have the opportunity especially now that the market is dip, this is the right opportunity to buy bitcoin at low price.
Furthermore, the DCA method is also there to give investors chance to buy more at any price, the aim is to accumulate bitcoin, the method you use is on you as much as you will accumulate and hold.

[Cryptomultiplier]

I think we should take a closer look at Michael Saylor of microstrategy who sold some Bitcoin and then has accumulated more since this dip started. He is committed to holding enough Bitcoin and he should be a good mentor to look up to when thinking of a particular person to draw inspiration from.
This dip is a blessing for those thinking the price was too high to buy then and now it is still the best time to buy more Sats and hold just as he is doing, because as we know, the 21 million cap of Bitcoin is soon to be achieved and it would be painful if after all this noise of buy now and hold, you didn't have any Bitcoin to add to your financial portfolio in the future when things are much more difficult and different than it is now.

Bitcoin secures your financial sovereignty and wealth because of its digital gold status and it is good to have it just as precious metals like gold , stocks and real estate is, when considering wealth accumulation and development.

[Yorubek]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis. My advice to as many who are panicking is simply volatility is something that is not new when it comes to Bitcoin, stop over stressing yourself over the current Bitcoin price.Convert that your energy and focus on accumulating more sats gradually in this deep because this deep is actually an opportunity to accumulate more Bitcoin due to the drop in price.

I think some investors who bought Bitcoin with a short-term plan in the hope of making quick money are basically disappointed or scared by the decline in the price of Bitcoin. And investors who have been buy Bitcoin consistently with a long-term plan are never disappointed or scared by the decline in the price of Bitcoin. They know very well that the price of Bitcoin increases and decreases over time, this is normal. Investors who have been buy Bitcoin consistently with a long-term plan will make the most of this opportunity because the decline in the price of Bitcoin will provide a new opportunity to invest and they will buy more Bitcoin and patiently wait for better times in the future.

[Moreno233]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis. My advice to as many who are panicking is simply volatility is something that is not new when it comes to Bitcoin, stop over stressing yourself over the current Bitcoin price.Convert that your energy and focus on accumulating more sats gradually in this deep because this deep is actually an opportunity to accumulate more Bitcoin due to the drop in price.

Volatility does not have anything to do with the decline in price that we are seeing, it is obvious that you are mistaken Bitcoin volatility for something else. Bitcoin being a volatile asset simply means that it can move very aggressively in either direction, like thousands of pips within a short time for those that trade forex. The main thing here is that it can move very fast in either upward direction when it wants to or downward direction when it choses to go that way. Volatility is mostly caused by irregular demand and supply triggered by speculations in the market. Common things that inject high volatility in the market include news of major global event, key events like halving and even hack of major cryptocurrency infrastructure.

[Coin_info]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis.

If you're still panicking in your accumulation of Bitcoin you'll be affected and may be influenced into compromising your resolve to consistently invest a specific amount into your holding. Instead of thinking about this sort of information that would create panic and fear in you why not think about the better side of things like consider your investment goals and how fulfilled you would be to actually achieve those goals that you've set for yourself on the investment you are making, those kind of thinking should be something to fuel you into wanting to be more committed to invest more because good thoughts will bring good results.

[Ashawowo(OS)]

Make we take am say this advice nah for people wey dey financially stable because at this point in the economy wey to see three square meal nah war and nah to first satisfy that need people go dey think before dem reason to invest in Bitcoin or even to pile more. Investing in Bitcoin dey good but the main focus for many people nah to ensure say their needs dey met. If care no dey taken, nah this period wey some people go buy the idea say Bitcoin dey very volatile and as such no be something you suppose throway your funds.

Actually, if you neva chop belle full nothing concern you with Bitcoin, Bitcoin no be something wey you go carry money wey you wan use solve one problem or de other take buy, dat one na gambling because the time wey you go need solve de problem, Bitcoin price fit don drop below your entry point and you go sell at a loss to take attend to de expenses wey you get. Bitcoin na investment wey dem dey approach with discretionary income and you go ensure say you put wetin you go fit afford to lose into am. Country hard, people dey suffer, but make we no use because of am say we no go do our best to get investments wey go fit benefit us in the future.

Some people actually get de money to buy am, all fingers are not equal, but de Koko be say na people wey get better capital e dey favor pass now as you gats buy with beta money before you go see beta profit for inside am.

[Cityhunter34]

Make we take am say this advice nah for people wey dey financially stable because at this point in the economy wey to see three square meal nah war and nah to first satisfy that need people go dey think before dem reason to invest in Bitcoin or even to pile more. Investing in Bitcoin dey good but the main focus for many people nah to ensure say their needs dey met. If care no dey taken, nah this period wey some people go buy the idea say Bitcoin dey very volatile and as such no be something you suppose throway your funds.

Na real koko you talk so, because three square meal dey more important for some people pass Bitcoin investment. In fact, no be only some people, because you gats feed well first before you invest for Bitcoin. Bitcoin na something wey you fit invest for any time, so you gats do wetin dey necessary and know where you stand before you jump enter Bitcoin investment. Especially for this current economy wey we dey right now, many people dey go through a lot of challenges. So e better make you prepare for any action on time, because Bitcoin investment no be get-rich-quick scheme.

[Hypnotizer]

I actually beg to differ seriously on the topic title. One of the most important things you need when hodling is price management and that's basically being able to access if that price point is actually gonna be ok for you or not. You can't just ignore price and keep buying like you see people claiming online, that's a lot like misinformation.

One thing I've actually come to understand is when it comes to actually hodling bitcoin people are actually quick to make supportive claims in contrast to what an actual holder would do in real life.

That’s it, mostly people coming out to make supporting claims like just “keep buying, the price doesn’t matter” don’t actually Hodl bitcoin, they just come out talking as if they’re real hodler without actually being in that real life position.

Price is the fundamental reason why most people nowadays invest in bitcoin and you can’t just tell someone to forget about it, it doesn’t work like that psychologically rather it’s all about your investment goals and how fast you make use of opportunities.  Price analysis might also help with your risk management strategy but it all comes down to how you really approach your investment.

[Makus]

You are right about that, the price of Bitcoin is always going to increase and decrease but if you keep on bothering yourself with the price you would never be able to invest. Some people end up selling their coins because they panic when the market starts going through a down trend. For those that understands how the market works they know that there is nothing like a permanent loss when it comes to Bitcoin, no matter how low the market gets there is always going to be a phase where the market takes a huge pump again but it's a matter of being patient .

[EarnOnVictor]

With the current price of Bitcoin ranging and fluctuationing between $62k to $63k there has been a lot of unnecessary pressure and attention which has grasp many who are into Bitcoin especially those who are actually committed for accumulating Bitcoin on a long term basis.

You call this an unnecessary pressure? Do you know how much some people would have lost with that drop? So, if they panic, they have reason to, regardless of whether or not Bitcoin will rise back, after all they are humans, and some might have even lost millions of dollars in multiples by now.

However, let's hope Bitcoin live true to its nature and past performance, which is the only consolation they have now. That's why I often argue with the maximalists and bigots on the forum trying to say their holding forever is the only way, thereby misleading the faint in heart. Many of these maximalists bought it when it was well below $200, and you are comparing yourself who bought it at $100,000 with them?

Still, your scope of this post is accurate, as this is the time to accumulate more Bitcoin to gain more over time, whilst those who are losing wait and not sell their Bitcoin.

[Nathrixxx]

Still, your scope of this post is accurate, as this is the time to accumulate more Bitcoin to gain more over time, whilst those who are losing wait and not sell their Bitcoin.

The market is more on a better position to be invested at this time because of the dip season we are currently in, it is as well important that we should have it in mind that we are also going to hold until the market become more bullish to sell in profit, just as most of you have already suggested, buying time is best done this period, while it is of necessity to hold until we become more profitable with our investment.