Topic: Buy the DIP, and HODL! - page 102. (Read 142054 times)

Actually it doesn't matter if you invest and then continue to monitor the market as long as you are strong HODL your investment in the long run it will be fine, which is a problem where their mentality is weak when market conditions are unstable then there sometimes take steps to sell because of panic or other reasons.

Make sure to invest with a long term goal of 4-5 years is a good period.
Make sure to have another job that is a source of additional income so that in any situation you will remain calm because you still have reserves.
A lot of negative news comes in a lot of times so don't care, you must be able to focus on plans where long-term investment.

It doesn't even make any difference,  what if you do not get any notification of the actual price you think it is good for you to buy bitcoin that means you will keep waiting for the price to fall so that you can bitcoin.  Both monitory the market and putting notification of price to know when to buy don't really change anything,  they can make one not to even invest in bitcoin at all. The reason why many normally miss opportunities of investing bitcoin is because they always want to buy at a time and price that will suit them and waiting to get the price they may end up not seeing such price because bitcoin can't be predicted.

Just buy bitcoin when you have the opportunity to buy, waiting for price can be delaying which you may never come across and at the end of it all you will still regret not buying when you had the opportunity to buy.

I do not think that holding bitcoin have anything to do with age but a personal choice and conviction. No doubt it will be more beneficial for an investor to start investing and holding bitcoin at a younger age but sometimes not many young people are easy to spot such opportunities early enough but those who do are able to make the later part of their lives more beautiful and less stressful. You may want to recur that at younger age, the distraction is very high especially due to peer influence, social trends and many others that make young people spend money on frivolities. It is at certain stages that the idea of independence begin to set in and that is the point investment options begin to dominate their thinking.

Fortunately, the creation of the internet that made a forum like this accessible to people from all works of life now avail us the opportunity to get financial education at a very early age, hence the reason more people are already planning for their future at a very young age. On the right time of a person to be established, that depends on a lot of factors, some of which are beyond the control of anyone. There are many that are established before they turn 20 whereas there are those that achieved success at their 50s, so it is relative and there is no single formula to it. The good news is that bitcoin now give us the opportunity to grow at our own pace, for those who embrace the technology and are able to invest part of their regular income into it.

I saw this statement earlier in the past lines of thread but said nothing because a lot of users already refute his choice of phrase combination, he might be trying to make a decent point but around the words he used in composing the statement seems to contradict the real essence of Bitcoin.

First, Ponzi as a single word already gives a non legit sense which mean inscribing Bitcoin into it even in a bit draws a line that relates the both like a scam scheme. Bitcoin is 100% legit, which i am sure @Wind Fury will completely agree, Bitcoin already crossed through the phase of condemnation whereby people propose it as scam investment, left for anyone in the forum referring to it in a more indecent manner. In as much we have been following up this thread, we discuss here to keep learning which i believe @Wind Fury can aswell take a brief lesson and accept that nothing seems to connect Bitcoin and Ponzi.

What you said is true because i was really confused when i saw what wind Fury said about bitcoin being a naturally occurring ponzi to me is a misleading statement morespecially for a newbie like me and others , if you want to introduce someone to bitcoin and you use the term naturally occurring ponzi scheme , you will end up scaring them away .i think what proty said is right instead of naturally occurring ponzi describe it with a more acceptable term.

A young man's bitcoin is more convenient and easier for him to hold in the long run. As soon as a person is 25 years of age or somewhat less or more. In this case, if he holds it for 3 or 4 cycles, then he can invest his money in a real estate business or any other business with that investment and create a source of income for life management. Or he can use this money to improve his quality of life more. I think around 40 years of age or less would be the right time for a person to get established. Every action has a reaction, if you can make the investment at this young age by making sacrifices and prolonging it then you can expect something good in return later or something good is expected of you. If you have been thinking of luxury since now, it is difficult to expect anything good in response in later life.

Describing bitcoin with the term naturally occurring  ponzi sound more scary and confusing to me because of my experience with ponzi which i believe so many have had such experience ,you maybe actually trying to prove a point but by using the term ponzi scheme which makes what you are saying to appear misleading. Ponzi scheme has done more harm than good and bitcoin is nothing of such so describing bitcoin as a naturally occurring ponzi will only end up in scaring newbie in investing in bitcoin  and making them to view bitcoin as a scam because of what ponzi is known for .so i would advise you look for a more suitable term  in driving down your point instead of ponzi scheme.

This is very wrong and can be possible to misleading newbies, it is Bitcoin we are talking about here hence the watin strategy before accumulating Bitcoin is wrong for someone that is still very early in his or her Bitcoin journey,
If actually buying to hold for as long as necessary is the motive it is a total waste of time waiting for a price drop before buying, perhaps there is no certainty that the price will go as low as you plan or it could even probably go higher and at such resulting missing good buying opportunities when you had the chance to. The logic is to buy whenever you have the money readily available for investment irrespective of the price points, whether in bear or bullish, the DCA strategy is long overly emphasis and it worth reminding  as it helps investors increase their holding irrespective of the price points and allow them to make investment decisions without any form of pressure.

When even people hear the word Ponzi they refer it to be a scam investment and that is what it is where by you invest today and make some million dollar tomorrow because through this information has most persons lost a reasonable amount of money, and using that word Naturally-Occurring Ponzi is what I don't understand those that knows what Ponzi scheme is who has interest to invest in Bitcoin might decide not to invest because they will think is a scam investment due to the word Naturally-Occurring Ponzi honestly it could be misleading.

If you are still young, it is good that you extend your bitcoin investment timeline to 10 years and above because that is what really seems to be a long-term duration. You should know that the more you are increasing and hodli your bitcoin investment for a longer time, the more you have a bigger chance of increasing your bitcoin investment and enjoy the compounding effect of your portfolio overtime. You will easily get to your bitcoin target and have a good size of bitcoin in future.

Three years is not considered to be a long-term, but if you sell your bitcoin portfolio after four years, what will you be using the fiat currency for that will depreciate due to inflation, and will you start all over again to accumulate. If you know that you will still buy back after selling all your bitcoin or you know that you love to have bitcoin investment, then there's no need to sell at all and focus on a longer timeline than wasting te time that you will be using to increase your bitcoin investment for the future sake than selling after every four years to buy again.

If you are already old, four years timeline is ok so that you don't die and leave your bitcoin investment when it is not of your will.

Beginniners should know that not everything they see or hear from a thread they will use to establish their own investment, there are some strategies that will work for Mr John and it will not work for Mr Paul if they invest different capital in that investment, you as a beginner, you need to carry out your personal research before doing what you hear or seen in the thread because there are methods they will not display on that thread for you not to know everything about the methods but if you concentrate and go deeper in research, you will definitely get it right to boost your income in your investment. Bear season is the right way to earn income in your holding when bull season begin to display, do you want to buy bitcoin now? I will advice you to wait for the price to decrease back to $50k before you can buy and hold for long years, before you can think of release them for sale and it will open your eyes to see that long holding is profitable than short holding.

I have known @wind fury to be an unserious and unscrupulous human being. I am beginning to think he's a chameleon walking through the dry and green leafs without a permanent colour. He jeopardize or mess up things a curney way and pretend as if it was a joke perhaps he is indirectly being serious but lack the courage to say it openly. It would be better @wind fury you make your opinion openly than beating around the Bush. He has never been serious for once. He has even made an attempt of changing the thread multiple times without a tangible reason. If he continues like this his words may not be taken seriously or may be seen as misleeding to the newbies who are up coming.

@Wind Fury!! It's better you start being serious and reasonable for once.  I Think you will likely explain more on the deffirent between

1) Ponzi Schemes that has a nefarious entity on top.
2) "naturally-occurring Ponzi Like Gold,."

The funny part is that when he starts being directly unserious he uses this sticker to act as if he was not being serious, perhaps he is serious

I'm sorry if you didn't get the context. I'm NOT calling Bitcoin a "Ponzi Scheme" because it's NOT that. Bitcoin is a Naturally-Occurring Ponzi. It's "Ponzi-Like", like Gold, it's NOT a Ponzi Scheme like those scams you read about in the news.

If you actually study and understand the market dynamics of Bitcoin and Gold, it does have a resemblance to a naturally-occurring Ponzi-Like process. - That creates a feedback loop from investors and speculators' positive projections/expectations which causes price surges WITHOUT a nefarious entity and WITHOUT fraudulent behavior.

I'm NOT saying that the market is a scam, ser. If you don't understand or didn't get the context, then I'm sorry.

Some investors believe that if they invest and see a small change in the market, it is appropriate to sell and take the profit, and it's wrong. As we often repeat, an investor who is willing to invest in bitcoin for a long time is anticipated to sell his investment after three or four years because, historically, the market always reaches an all-time high after that time.

However, many investors fail to comprehend when they should expect to make a significant return from their investment; it is best if they continue to invest throughout this period and wait at least four years before extracting profits.

For other people who have lots of experience to deal with bitcoin provably they would know the point of those tricky opinions.

But we should not forget that there are so many newbies that can able to read each sentences we write. That's why its really good for us to avoid writing up any possible statement that can mislead people.

That's why I agree to those people saying that we should call bitcoin as on its name and separate that crypto calling to alts. For calling a name which is related to scam then provably it will confuse newbies and worst they might think that its a scam because someone call it as Ponzi. We can make it easy to understand if we didn't put any unwanted label on bitcoin.

It's very confusing indeed that he keeps repeating such derogatory word towards bitcoin. The first time he made use of the word here, I noticed lots of users here reacted angrily against the use of such words towards bitcoin, myself included. But it's still shocking to me that he keeps making use of that Ponzi of a word. I wonder how someone in his right senses will compare bitcoin and gold, and even went as low as calling bitcoin Ponzi. It makes me wonder if he actually knows the qualities of Money. Bitcoin is money and gold a natural resources. Bitcoin is a class above gold and gold doesn't come close to bitcoin. So I think it's senseless for someone to categorised bitcoin and gold together. I would have understand if it was a newbie making such comparisons, but coming from someone like him, makes me sick.

People should understand that there are newbies who don't engage in discussion here but often come on threads like this to learn about Bitcoin investment therefore everyone has to be careful concerning things they say so as not to mislead those newbies and give wrong impression to them about Bitcoin, he might not have called Bitcoin a Ponzi but relating it to that name alone is mislead and once those newbies learn that a high ranking member is relating Bitcoin to Ponzi then they'll think it has scam features on the long run, let's the guided and try as much as possible possible to pass the right informations while we discuss about the concept of Bitcoin investment, Bitcoin has nothing relating to Ponzi and if one invest on Bitcoin the right way and follow it concepts thereby using good methods then they'll benefit from it and even recover loses, expect for those who use it for trading despite being aware of the high risk factor.

Yeah you are right if one don't call Bitcoin by it's name you may mislead some newbies, I know someone who believed that all other crypto coin are also known as Bitcoin which lead him to invest in a shitcoin and he lost his money, so we should always call Bitcoin by it's name to avoid complicating things.
Ponzi scheme has really made a lot of people lose there money and by the mention of the name Ponzi what comes to some people's mind is scam and Bitcoin should not be link to Ponzi as is a very different thing.

You are still likely confusing people with that description of a "naturally-occurring Ponzi."

Under your definition almost anything that is used for monetary value would be a "naturally-occurring Ponzi" since it's price would go up based on increased demand.

For some reason you are stubborn, and you continue to repeat such a confusing term as if you are making some kinds of a brilliant proclamation, when you are not, and it would be better that you figure out another way to say what you are saying, to the extent that you are even making a decent point in regards to either particulars of how bitcoin gets its price or how bitcoin might compare to other assets, such as comparing bitcoin to gold or some other asset.

By the way, bitcoin has a lot of monetary properties that help to derive its value, such as its verifiability, its divisibility, its transportability, its scarcity, the ability to transact and hold it without a third party and in very economical ways, and other qualities related to its programability that also gives utility to folks which may or may not end up driving its price upwards and also contributing to others financializing it and/or speculating on its value...so your ongoing use of Ponzi terminology, which also implies third party manipulation (even if you are trying to suggest that a "naturally" occurring Ponzi might not need a centralized party's manipulation is still misleading as fuck, and likely more confusing than any value that it might bring from the supposed profundity of your characterization of bitcoin in such a way.

And, yeah, you may well continue with your nonsense, and I would expect members to continue to question why you feel some kind of importance to insist on such a misleading characterization and categorization of bitcoin.  You really think anyone is helped to understand bitcoin better by that crap, and if you don't give any shits then you are engaging int he same kind of behaviors as the bitcoin detractors, the naysayers, the shitcoin pumpers and the ones engaging in affinity scams that tend to create confusing with their baloney narratives.


Yep.  It is questionable what Wind_FURY believes he might be achieving by the use of such framing, even if "technically" there might be some truth in what he is saying.. yet in the end, the term causes way more confusion than it clarifies, so what is the purpose?  Did his handler put him up to continuing to insist on such a inflammatory label for my lil precious?

Maybe best to avoid any misleading information towards name calling of bitcoin you or other people should stop calling it as Ponzi since that word give bad impression to people since it associate with frauds or anything illegal that you can imagine.

Just call bitcoin as bitcoin and don't use other term to describe it since you don't know what came up on the people's mind especially when you call it a Ponzi like asset. This is also the reason why I don't call bitcoin as crypto since it mislead people again to other scam project saying that they are the next bitcoin. To many confusion spreading around and to many newbies in the scene so to avoid giving problems to those people we should call bitcoin its known name and don't compare it with other asset.