Topic: Bitcoin Bullish period and advantage. - page 5. (Read 1805 times)

I would say that it is not a wise idea to buy JUST at a high price, but if you keep buying it constantly then it may happen to be at some high peaks at times as well, while sometimes it may not be. So, I would say that we are going to end up with some good results at times and some bad ones at times.

For example if you bought at 20k and 30k and 40k, but also bought at 70k, then it means that you are doing fine, there isn't really anything to worry about, we should be considering the situation as normal as it gets. Obviously this isn't really that simple, we should consider the situation to be just about DCA, and for that to mean something, we need to have a constant source of income that we can spare some money to buy consistently.

Well, it is easy to say that buy in the bear market and sell in the bull market, buy at the bottom and sell at the peak but practically doing so is not so easy because we never know when is the bottom of the bear market and peak of the bull market.

The movement of the prices makes us panic buy and panic sell. There are very few experienced traders or investors who can make proper profits using this strategy. Only if someone has experienced the previous bull and bear markets, only then he is expected to make good decisions. For a newbie, it is very difficult to understand how the market behaves. (the market is highly manipulative by the whales  )

I agree that as long as we don't sell bitcoin at a low price we won't lose money, but is buying bitcoin when the price is already high a wise idea? Like the people who rushed to buy bitcoin when it was priced at $69k during the 2021 bull cycle. They won't lose money if they hold until now , but is it worth it when they spend 4 years holding without making a profit? Meanwhile, those with better investment strategies made significant profits when bitcoin was priced at $69K in 2024.

We should buy bitcoin at any time but we also need to pay attention to the timing , I mean if we are in the bull season and bitcoin has increased too much then we should wait instead of buying right then . But now we are preparing to enter a new cycle and the cow season has not yet begun , so buying at this price is reasonable.

Of course! A tendency to buy at the right time means you are one step ahead when it comes to getting high profits. Develop a habit of depositing bitcoins by following a regular DCAing method in situations where bearish season may not always be within your reach. Increase the buying level during the bearish which allows more bitcoins to accumulate and limit the buying level during the bullish period. As an investor you have to be strategic which can be a few steps ahead of others to get higher profits. Literally being ahead of the investing means making more profit than others at the same time.

Basically every investor wants to get more profit in short term which is safer and more profitable with investment in Bitcoin. If you can buy bitcoins on dips with time and consideration, you can be sure that the profits will come but you have to wait. More time to get more profit and less time to get less profit which can increase over time.
DCA method is very easy for you to deposit bitcoins for long term which can be deposited at the end of week or month. You are recommended to save according to your income which is a period of 4-10 years or a period to fill a full Bitcoin circle. Aggressive investment to fill another circle, taking seriously the fraction. When you are the holder of a whole bitcoin you should be aggressive in DCA maturity.Because you are well prepared for your urgent needs and you are a complete bitcoin investor and successful bitcoin investor. I think bitcoin is going to touch $100k by 2024 which is definitely expected so every holding is very important. Each holding is a separate investment stash composed of individual investors which recommends more care over time.

If in collecting Bitcoin we get a moment when the market is experiencing a decline, of course we will be able to make a profit when the market is in a bullish condition and in this condition it gives us the choice to take profits or keep holding until it reaches the highest price and if indeed we don't need the funds we have We need to be better able to hold until we get the highest price with even greater profits.
For some people who have just invested, of course there will be those who choose to sell when market conditions are bearish because they don't understand investing well and they can use this as a lesson so they don't make the same mistakes again when investing.

Exactly, maybe in short term or for those speculators who love to short Bitcoin, yeah buy in the dip and in the next 2-3 days or even a week if the price goes up, sell and make profits but it's cumbersome and it might be too complicated for others to do and wait for the price to go up.

So just be a long term holder, it's a strategy that has been working for us since the beginning. There could still be investors here who have been holding for at least the time that the bear market begins and then they still continue to accumulate as of  this time. And try to see where our all time high will be this bull run. Predictions say that we are going to hit $100k++ in 2025 last quarter so that is a good motivation to continue to buy thru DCA and wait for it.

If only we can do the buying and selling while hitting the right timing, it would indeed be best to buy during the dip and sell during the bullish runs. It's always best to make the most of the Bitcoin's volatility.

However, as has been proven time and again, it isn't easy to time the market. That's how hodl began. That's how it was literally invented, as a matter of fact. It's not easy to buy low sell high. There are so many traps. The easy way is to hodl.

If everyone just stick to the rule of buy low and sell high, then there's no one end up at loss. That's how the pioneers here work out on their investment plan and look at them now, most of them have succeeded and are living life comfortably.

However, if you miss buying at the dips, then buy still even when the price is quite high. After all, you don't sell at a loss price, as long as you intend to hold longer and sell only when there are impressive profits around.

Buying the dips of Bitcoin make it a guaranteed that you will make profits because the advantage of the bull market is the profits that you will realize when you sell the Bitcoin that you were hodling during the bear market in the bull market that do not last for a very long time although Bitcoin will get to another highest price. The bull market will reward you for being a hodler that was not selling when the market was correcting or the investors that bought the dip when others were not believing that Bitcoin can recover its lost prices. Some new investors do not know that Bitcoin will always recover after a bear market, they think that the market will keep falling and they do not buy but they could have missed the opportunity to buy Bitcoin before it recovers.

The tiring thing with this people is that people are even more afraid to buy Bitcoin by the time the price goes down and I asked why do you want Bitcoin to go down that bad when you are not ready to buy or even have the means to buy it because it is not making any sense for people to call for Bitcoin dump or maybe they are psychopath who don't see good thing in Bitcoin growth.

I'm not sure if Bitcoin is going to dump that much if we see a bear market in the coming months because I see that Trump has Bitcoin a crypto man which means that he has change his idea about Bitcoin, I hope that is not for election strategy to gather vote though and because we now have institutional investors here like the ETFs and the rest, this people are big players in other financial markets and knows how to control damage, they wouldn't sit and watch their investment of billions of dollars wash down by some manipulations.

That’s one means to invest and get some good results only if you know how. This though comes with a degree of risk as, you only get to do these on CEX which means, you get to have most of your portfolio there which is highly advised against. Having all your coins and I mean Bitcoins on CEX is you have to loss custody of those Bitcoins to the exchange. You might have access to it from time to time but, that’s based on their terms and in the days that the CEX exists.

Again, the risk of having to transfer Bitcoin often makes this rather a risky thing to do. That’s because, in the event of a wrong address or obvious phishing, you could become a victim easily and the irreversible nature of Bitcoin transaction once it begins confirmation is sure to take effects.

People want to make money from Bitcoin that's why they want the price to goes down so that they can look for a better price to buy some they can make money from the ranging market. You don't have to be surprised that those of us that have large holding and want to quickly make money from the market wants the price of Bitcoin to quickly go up especially hitting 100K so that they can make a lot of money while those that have the intention to make money are looking for the best time to buy Bitcoin and other cryptocurrencies so that they can start making money from the market from the dip they bought.

Decisions! vary from individual to another, so assuming that we all do the same results in terribly bad for any asset.

In the case of bitcoin the main argument is hodl, but that does not mean that in this case the idea is transferred to a community decision, but rather to an idea of ​​a group of holders, fortunately this is the case, hence sell-buy is essential for bitcoin to exist, and then the hodl makes sense.

It's not that easy. Many people thought they were great traders, but they happened to trade on:
Mt. Gox
BTC-e
Quadriga
FTX
I could go on, but many people won't even know smaller exchanges that disappeared with people's money.

Then there are other issues.
Even good traders sometimes make mistakes and mistakes cost you a lot of money. You can make a few great trades over the years and then a bad one and all your profits are gone.
You can lose the account somehow, get hacked...
As a holder I don't pay any taxes, but if I were a trader I'd have to do it every year.

We all have our plans for bitcoin and my plan is to hold. I've seen many of my friends try trading and do well for a couple years and then get destroyed by a black swan event like Terra Luna or FTX.

It is really simple to detect the price movements of Bitcoin when you check it's past historical journey. You will find it very easy to know when it fell and when it went up.but judging from the current market price is not always the same as to know when a certain move was over to join the beginning of the next big move. So in my opinion DCA will make a better investment strategy and maybe taking the opportunities in buying significant dips and holding for specified length of time.

The risk in trading is higher than that of holding and so as the profit if managed by an experienced trader. But there are times were even the market charts form a new trend entirely different from that of your vocabulary, whales can also make a turn in the market by buying or selling in large quantity. However in times like this the trader usually runs into loss if he made his prediction from his perspective. But if you're a long term holding, you have nothing to worry about because bulls, and dip would come but we'll be having more of the bull, as the demand increases, so would the price also increase.

Trading and investing are different so traders and investors must use different methods but there are things they will cross each other. Trading or investing, they must know fundamentals of that asset that need to be good. Trading a bad cryptocurrency contains more risk than trading a good cryptocurrency because there will less risk of bankruptcy, rug pull.

From common fundamentals, they will separate with each other to two directions for trading and investment. It's where they start to use different methods for trading and investing and build up their plans for short term trading and long term investing.

They need to have good investment plan to continue their DCA when market turns to bearish, correct or draw down. If they don't have money, nothing to do with the market or DCA.

If they don't have money source for emergency, they will have situations when they can not DCA even they really want to. Can not DCA more and even have to sell their bitcoins when they don't want to.

Traders and investors will carry out their own effective methods in every cycle in different ways, because traders prioritize short-term strategies to achieve profits with the targets they want. Meanwhile, investors will usually focus more on long-term duration with the target of bigger profits because the investor's job itself is not just focused on one thing. But more for many sectors in order to achieve maximum profits within the duration of the market cycle, as has happened to Bitcoin in previous cycles.

Some people see profit making in Bitcoin investment as a different thing from your own point of view, in terms of profit making in Bitcoin investment, both short term and long term investors make good decisions but the amount of profit that has been made is not considered rather the amount that is invested. You don't encourage some one who is new to the investment to go into long term investment in order to make more profit rather if such person can take profit from short term investment I think it's worth it since he will be more encouraged to buy more and HODL. It is the decision of the investor to either choose long term or short term investment but which ever one one finds to be more profitable I don't think they should be considered as hungry as you said if they are moved to sell to take profit in their investments.

I'm not saying that short-term is better than long-term, and I'm not denying that short-term investing is much riskier and more difficult. But as I said, it will depend on each person's preferences and choices, because each person will have different strengths and weaknesses and we need to choose the method that best suits us to bring the best results.

If you or someone else can combine the two and achieve the desired results, nothing could be better. To me, both are ways to profit in the markets and I don't hate either one. What I want to say is that people should make appropriate choices and we should not criticize others just because they don't make the same choices we do.