Powerful price action at the present despite the quite small steps it seems to be moving upwards like a vice with pressure to crack the ceiling, be optimistic while we maintain in this area.
Staying above 71500 is a good build and I want to see it exceed the Tuesday high which is very nearby at 71792. Then if we continue to build positively it can finally exceed the late May high of 72041 (great big green candle) and go onto new action.
All of this would be welcome rather then repeating the prior range of prices. 73895 way back in March is the eventual hope for a new ATH but its amazing how long it takes to process all the sellers along the way to get back to these prior highs. Price is back above the 2 day average, stay optimistic while we remain with that momentum.
Topic: Buy the DIP, and HODL! - page 106. (Read 109704 times)
HAPPY NEW BITCOIN ATH DAY!
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
As am typing Bitcoin is already at price $71 believing that soonest Bitcoin price will get to another ATH, I have really learnt a lot in this particular thread buy the dip and hodl, when I first came across this thread I got confused I never understood what they where really discussing in this thread not until I was reading and studying along what other member here were doing but with the help of JayJuanGee and other notable member here I was able to understand little about how Bitcoin investment works, how one can accumulate more Bitcoin with the DCA strategy and also what one need to do in order to be able to hodl his/her Bitcoin investment for a longer period of time. I think it's a great previlage been in this forum and also coming across this wonderful thread BUY THE DIP AND HODL. No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
HAPPY NEW BITCOIN ATH DAY!
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
Currently at $71,xxx we might see a new ATH soon just that it always bounces off that zone.
Well said, JJG have contributed greatly and shared useful ideas relating how newbies, new investors can go about building a solid Bitcoin portfolio through buying, accumulating and holding with a long term view. Changing the name as you did already is a good one, for clarification as well as new and old members get to grasp the information in the thread in relation to topic correctly.
HAPPY NEW BITCOIN ATH DAY!
lol! This would have been a potential April fool or rather some sort of dark joke but my inquisitive self had to go check up the current price before accepting that you're actually right 😂 and yeah, you're actually right, but if you think he's wrong go check it out at the time this comment was made and you will know that you're also right 😊No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
yeah! You're still right.Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
you know that when an average newbie visits the thread and starts off, the word DIP has alwsys been a problem most people have face as it seems to be suggesting that it's best to buy during the DIP and then holding to thier Bitcoin and the end result has always been that they attempt timing the Bitcoin price to look out for a possible DIP to buy at.I guess with the change of the topic to just Buy and hold although a better version of this change would have been Buy Bitcoin and Hold since it appears that most newbies tend to mix-up buying Bitcoin and hold to almost meaning same as Buying crypto or altcoin and hold. The change is going to put more context to the discussion and help newbies that are learning about the best approach to use in making Bitcoin investments do it the right way and not also engage in this discussion out of context.
HAPPY NEW BITCOIN ATH DAY!
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
For some Bitcoin holders ATH may not give much profit, but they can gain spiritual strength from the ATH. Everyone who is in this community and Holding Bitcoin is waiting for this day,and can take a strong determination in their goals by seeing ATH. Various strategies can work among the holders of Bitcoin to implement their goals, Bitcoin community will remember in the way JayJuanGee has highlighted the importance of holding. I also have a strong desire for Bitcoin Holding. When I failed to hold bitcoin in 2018. I do not want to repeat my mistake in future and want to make myself as a strong holder.
HAPPY NEW BITCOIN ATH DAY!
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?
Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
You should remember this, there is risk in any decision you make. Right now it is more risky to be out of Bitcoin than in it. If you sell all your Bitcoin holdings, just after two years thinking it would DIP from the high it had just made, so you get to buy again but It kept going up and made several new highs before it took a dip and it might not dip to what you expect to invest on it again. Holding onto your Bitcoin for the long term has its own set of rules and principles to follow. It's crucial to have some discretionary income set aside to take advantage of buying the dip without having to sell your existing holdings. Consistently sticking to a weekly DCA strategy while adjusting it based on your income changes. Selling all your Bitcoin holdings after two years and waiting for the perfect dip can indeed be risky. Timing the market perfectly is a tough game, as we have seen in the past when Bitcoin price surged unexpectedly, leaving some investors waiting on the sidelines. Missing out on buying opportunities at lower prices can happen if you're not careful. It's all about being proactive and not missing out on potential gains by trying to time the market. Holding onto your Bitcoin and staying invested for the long term is often a more reliable strategy than trying to predict short term price movements.But at least we can do something so that we can handle those possible risk or any issue that we may encounter a long the way on our investment with bitcoin. If we sell to early then maybe we are just cutting out our chances to earn more since there are more higher potential that we could able to get more profit if we could just able to let it stay on our wallet then accumulate more for more years. But if there's something more important thing to use and our emergency funds is not enough to cover it up then I guess there's nothing wrong to sell especially if this could help us to solve our current problems. We can start to accumulate again once everything settled and what important thing is we sell when we are in profit since that still serve the purpose on why we hold.
What's really important to consider by people is they apply all methods they learn here and could able to continue their accumulation at whatever cost since they could still earn in future. There's a lot of chance for people to gain so continue to accumulate and do those helpful methods what mentioned here. But people should know that there's nothing wrong for thinking about selling their profits since its up for the person if they are fine with current profit they get and what's more important is there's still a balance left for holding which they can able to use for next round of their long term journey.
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
You are obviously generalizing every other cryptos as Bitcoin which is contracting the point you are trying to make because there is a big difference between cryptos and Bitcoin, so perhaps if you're trying to prove a point you should use the word Bitcoin instead of mixing it with cryptos because when you mention cryptos you are obviously referring to other shitcoins which is not the reason why we are all here, though you seem to be sounded so interested on cryptos so if truly that's what you meant I would suggest you change your investment to Bitcoin because cryptos are not worth investing your money . This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
You should remember this, there is risk in any decision you make. Right now it is more risky to be out of Bitcoin than in it. If you sell all your Bitcoin holdings, just after two years thinking it would DIP from the high it had just made, so you get to buy again but It kept going up and made several new highs before it took a dip and it might not dip to what you expect to invest on it again. Holding onto your Bitcoin for the long term has its own set of rules and principles to follow. It's crucial to have some discretionary income set aside to take advantage of buying the dip without having to sell your existing holdings. Consistently sticking to a weekly DCA strategy while adjusting it based on your income changes. Selling all your Bitcoin holdings after two years and waiting for the perfect dip can indeed be risky. Timing the market perfectly is a tough game, as we have seen in the past when Bitcoin price surged unexpectedly, leaving some investors waiting on the sidelines. Missing out on buying opportunities at lower prices can happen if you're not careful. It's all about being proactive and not missing out on potential gains by trying to time the market. Holding onto your Bitcoin and staying invested for the long term is often a more reliable strategy than trying to predict short term price movements. 
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
many people has already had the clear understanding of this but the thing is that they do things on their own so I believe that whoever that we want to learn we will learn and understand the procedures of investing in cryptocurrency mostly in Bitcoin, the people who actually invest for short-term investment there are people who is curious to at least make them dollar difference from their investment so those people they are only concentrating for benefiting at that moment and then the profit they need is a smaller profit not a larger profit so you cannot blame them and the people who is interested to invest and make a profit for cryptocurrency investment politely in Bitcoin will you like to invest a long time so that they will make a mega profit.. beginners have to learn and understand the scenario not to just go into a investment because of they needed your quick money.This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.
I won't say anything more because I have previously invested in shitcoins with profits and then losses again. This is not strange because the risk in shitcoins is really ready to lose all your money completely.
You invest in bitcoin means you don't need to worry considering this coin is one of the best investments - currently I myself have focused on accumulating bitcoin rather than altcoins or other shitcoins which are full of doubts.
It's not that I won't deny that shitcoins are all bad, once you can analyze the right shitcoins for the short term with 10x it's already better, still the risk behind it is quite high.
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
Definitely it's a wrong investment approach you don't sell your bitcoin to buy back when it's dip. That is the work of the discretionary income, I know to you it sound smart but I must tell you, bitcoin Investment for a long period of time has its principles that is used to achieve that target. That is why it is often repeated in this thread to always have a discretion or reserved and floats to be able to buy bitcoin when it's dip and also maintain a weekly regular DCA without getting tired. though sometimes your weekly DCA may varies due to your level of discretion and you may decide to increase or decrease when your source of income also changes. Now let me ask you what if you sell all your bitcoin HODLing after 2 years as you said, and wait for bitcoin to dip to your expectations and it didn't? Because I know some folks some years ago have also fell victim of such, by sell their HODLing and expecting btc to fall and it didn't fall emediately rather it increase to a greater high before diping a little. Let me just say during the early part of January 2023, btc was around $20k+ most investors was waiting patiently for it to dip more before buying, but to there greater supprise it surpassed the normal price from there it has grown massively an they lost the opportunity of buying around $20k. So the summary of everything is that we must not procrastinate or sell our HODLing to rebuy, as the opportunity of getting bitcoin at that same price may not Be possible anymore. Though bitcoin price is volatile in the sense that it may even fall below the price you expect to buy and also may not be possible to fall to what you expect, so to sell bitcoin to buy back is not ideal. 
Also its good that we are discussing about bitcoin investment in this thread so that we could also figure out if there's something wrong with the methods we use. So that we can be corrected and make our investment to get good result in future. That's why its ideal for new investor to participate on a discussion like this since for sure there would be a lot of learnings to get especially that they can read multiple opinion which can make their mind sharp towards dealing on any possible scenario that they might encounter in future.
I'm impressed on how people deal with their investment and the way how they share some valuable information this help a lot of investor especially when they are seeking for some valid opinions regarding on some pointers that they are considering to follow.
So hopefully all of us here will earn success so lets continue to plant and for sure there would be a good harvest to come in future.
This just remember me of something I learnt about rules. I guess I heard it in a movie.
There are so many rules here,
Some are written,
While others are not,
You learn those that are written by reading,
And learn those that are not written when you break them.
I think when we go through the internet inorder to search for Bitcoin investment strategies or information, we sometimes see so many related concepts that talks about the same thing without adding something new. But the purpose of having such discussion on this thread enables new and old investors to foresee the none written investment strategies that we might not find elsewhere, as most people who share this things might have had personal experience with them. So most times, I just prefer reading through people's opinion to learn rather than add what they already know.
An investor who tries several investment strategy along a goal path is bound to fail or experience difficulties along the line. There is great importance of strictly adhering to one strategy during a target goal. Although it is in our hands to decide which we would rather use, and at the end of the day we would take responsibility of our decisions.
For example, a new beginner can start with his DCA regularly weekly, and after two years that he have gained more confidence in bitcoin, he can start saving funds to buy at the dip or use part of his reserve funds to buy at the dip, mixing it with his regular ongoing DCA to give him a better advantage of buying more bitcoin to increase his portfolio fast. He can even front laid his bitcoin investment if the price is going higher. However, whatever method that you think will work for you is what you should use as long as you keep on increasing your bitcoin portfolio.
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
The dip comes like a thief, and when it will come, you might not be able to buy back more than what you have sold. You will also be very slow to reach your bitcoin target compare to when you are just buying without selling to buy back. Why don't you just forget about this your thoughts and continue to build up your bitcoin with regular buying weekly or monthly, because the investor who only focus on buying, will accumulate more bitcoin than you that is selling to buy back, because he is not waiting for the dip to come and bitcoin is the best store of value to put our funds currently. It is not good to sell on your way up. There is time for everything. No one can time the dip and that is where the big picture of gambling comes to play out in your suggestion.
[edited out]
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
You sound mixed up Briankimp1. Crypto and bitcoin are not the same... and you are mixing those words as if they were the same thing or something similar. We are not even talking about shitcoins here... so Fuck shitcoins and dumbass ideas as if they were the same or similar to bitcoin.
Yeah much really better for people to think about that crypto is separate to bitcoin when they call it, since this will just create confusion to a lot of people especially for newbies and it will just benefit those scam coins since they might get dragged on the fame of bitcoin. Then those newbies would might have a bad thinking that those shitcoins would became successful as bitcoin since they would think that this is just the same crypto.
So much really better to stop calling bitcoin as crypto so we can address it properly. To many scams are trying to associate or use the name of bitcoin just to attract newbies that's why we should not confuse people about it and we really need to stop giving wrong impression that those shitcoin is crypto which is similar on what they call on bitcoin since there's huge difference about it.
Even if we completely separate bitcoin from the cryptocurrency ecosystem and bitcoin becomes independent, will that stop people from thinking bitcoin is a scam? The misunderstanding that bitcoin is a scam arose before the altcoin market was created. I remember in 2013 and 2014, the market still did not have many altcoins and only ETH, but instead there were Ponzi projects, HYIPs...using bitcoin as a payment method. And at that time many people called bitcoin a scam and bitcoin's reputation became worse and worse as more and more shitcoins were created.
Obviously, the main cause of this misunderstanding comes from people's ignorance. In my opinion, the only way to completely resolve this misunderstanding is knowledge, we just need to spend time propagating and educating so that people have the right understanding about bitcoin, shitcoin, crypto...that misunderstanding will be completely eliminated. Because as long as scammers continue to use bitcoin for their behavior, misunderstandings will continue to occur. But if people had complete knowledge and awareness about bitcoin then everything would be resolved and no one would call bitcoin a scam.
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
many people has already had the clear understanding of this but the thing is that they do things on their own so I believe that whoever that we want to learn we will learn and understand the procedures of investing in cryptocurrency mostly in Bitcoin, the people who actually invest for short-term investment there are people who is curious to at least make them dollar difference from their investment so those people they are only concentrating for benefiting at that moment and then the profit they need is a smaller profit not a larger profit so you cannot blame them and the people who is interested to invest and make a profit for cryptocurrency investment politely in Bitcoin will you like to invest a long time so that they will make a mega profit.. beginners have to learn and understand the scenario not to just go into a investment because of they needed your quick money.This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.
I won't say anything more because I have previously invested in shitcoins with profits and then losses again. This is not strange because the risk in shitcoins is really ready to lose all your money completely.
You invest in bitcoin means you don't need to worry considering this coin is one of the best investments - currently I myself have focused on accumulating bitcoin rather than altcoins or other shitcoins which are full of doubts.
It's not that I won't deny that shitcoins are all bad, once you can analyze the right shitcoins for the short term with 10x it's already better, still the risk behind it is quite high.
For Bitcoin is the best and reliable coin to invest on as long as your investment plan is to accumulate Bitcoin and HODL for a longer period of time, and besides this is not where we are talking about shitcoins or aitcoins so it won't mislead other newbies to invest in any of those unreliable coins you just mentioned.
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
many people has already had the clear understanding of this but the thing is that they do things on their own so I believe that whoever that we want to learn we will learn and understand the procedures of investing in cryptocurrency mostly in Bitcoin, the people who actually invest for short-term investment there are people who is curious to at least make them dollar difference from their investment so those people they are only concentrating for benefiting at that moment and then the profit they need is a smaller profit not a larger profit so you cannot blame them and the people who is interested to invest and make a profit for cryptocurrency investment politely in Bitcoin will you like to invest a long time so that they will make a mega profit.. beginners have to learn and understand the scenario not to just go into a investment because of they needed your quick money.This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.
I won't say anything more because I have previously invested in shitcoins with profits and then losses again. This is not strange because the risk in shitcoins is really ready to lose all your money completely.
You invest in bitcoin means you don't need to worry considering this coin is one of the best investments - currently I myself have focused on accumulating bitcoin rather than altcoins or other shitcoins which are full of doubts.
It's not that I won't deny that shitcoins are all bad, once you can analyze the right shitcoins for the short term with 10x it's already better, still the risk behind it is quite high.
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.
You sound mixed up Briankimp1. Crypto and bitcoin are not the same... and you are mixing those words as if they were the same thing or something similar. We are not even talking about shitcoins here... so Fuck shitcoins and dumbass ideas as if they were the same or similar to bitcoin.
Yeah much really better for people to think about that crypto is separate to bitcoin when they call it, since this will just create confusion to a lot of people especially for newbies and it will just benefit those scam coins since they might get dragged on the fame of bitcoin. Then those newbies would might have a bad thinking that those shitcoins would became successful as bitcoin since they would think that this is just the same crypto.
So much really better to stop calling bitcoin as crypto so we can address it properly. To many scams are trying to associate or use the name of bitcoin just to attract newbies that's why we should not confuse people about it and we really need to stop giving wrong impression that those shitcoin is crypto which is similar on what they call on bitcoin since there's huge difference about it.
Also its good that we are discussing about bitcoin investment in this thread so that we could also figure out if there's something wrong with the methods we use. So that we can be corrected and make our investment to get good result in future. That's why its ideal for new investor to participate on a discussion like this since for sure there would be a lot of learnings to get especially that they can read multiple opinion which can make their mind sharp towards dealing on any possible scenario that they might encounter in future.
I'm impressed on how people deal with their investment and the way how they share some valuable information this help a lot of investor especially when they are seeking for some valid opinions regarding on some pointers that they are considering to follow.
So hopefully all of us here will earn success so lets continue to plant and for sure there would be a good harvest to come in future.
This just remember me of something I learnt about rules. I guess I heard it in a movie.
There are so many rules here,
Some are written,
While others are not,
You learn those that are written by reading,
And learn those that are not written when you break them.
I think when we go through the internet inorder to search for Bitcoin investment strategies or information, we sometimes see so many related concepts that talks about the same thing without adding something new. But the purpose of having such discussion on this thread enables new and old investors to foresee the none written investment strategies that we might not find elsewhere, as most people who share this things might have had personal experience with them. So most times, I just prefer reading through people's opinion to learn rather than add what they already know.
An investor who tries several investment strategy along a goal path is bound to fail or experience difficulties along the line. There is great importance of strictly adhering to one strategy during a target goal. Although it is in our hands to decide which we would rather use, and at the end of the day we would take responsibility of our decisions.
For example, a new beginner can start with his DCA regularly weekly, and after two years that he have gained more confidence in bitcoin, he can start saving funds to buy at the dip or use part of his reserve funds to buy at the dip, mixing it with his regular ongoing DCA to give him a better advantage of buying more bitcoin to increase his portfolio fast. He can even front laid his bitcoin investment if the price is going higher. However, whatever method that you think will work for you is what you should use as long as you keep on increasing your bitcoin portfolio.
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
In as much as we are not discussing selling in this thread two years is not good enough for anyone to sell his or her investment if the plan is to hold for a longer period of time, considering selling your investment from a long term plan your investment should at least be to stay up to 4 years (one halving event) where Bitcoin usually make an AtH after or before the halving where you will ensure to have a reasonable size of Bitcoin. Buying Bitcoin when there is dip should only be seen as an opportunity of buying more quantity of Bitcoin with a lesser amount of money as when compared with buying from it previous high, buying the dip is best when consider as a secondary strategy when you are already in the market with your DCA strategy, the DCA strategy allows you to be in the market on time without any form of time the market such that it will be a total waste of time selling your investment in order to rebuy or buy back at the dip when there are no guarantee or certainty of getting your rang of dip, selling your investment to rebuy in the dip might keep you waiting for too long before entering the market and you might sell and buy back at a price higher than your selling point as Bitcoin might go up and never come back to a certain dip. The concepts of the this thread basically is on various strategies of maximizing opportunities of accumulating Bitcoin up to a reasonable amount and hodl for a longer period of time of about 4 to 10 years or even more where you can probably have the compounded value of your investment and not some buying and selling to buy back within a period of two years. It is better you become consistent with your dca comfortably and make other preparations of buying the dip without selling your investment.
At this point I want to provide some news about bitcoin recently, I saw a lot of positive news that I read on X.
Chamath is a known Bitcoin bull but I don't think that replacement of gold as a prediction does makes sense because everyone is still into gold. And we're still on that phase of growing. Maybe not now but soon the change of gold standard won't happen as most countries are still into it. Anyway, what I'd like to see is when Bitcoin hits that $15 trillion market cap, that will be one of the sweetest days ever! Bitcoin needs to be like 13x-14x more to reach that.Quote
FORBES: Chamath Palihapitiya has predicted Bitcoin could "completely replace gold" as countries adopt it—potentially pushing it's market capitalization toward gold's $15.7 trillion.
Source: https://twitter.com/BitcoinNewsCom/status/1797629898099654674?t=AFlIS88hLCgsGce6kz8ttg&s=19So, I predict that in the future Bitcoin will surpass gold in the category of people's preferred asset for investing.
That day will come and preference of people will change but we don't know when or maybe when Bitcoin reaches $100k or more. 
Also its good that we are discussing about bitcoin investment in this thread so that we could also figure out if there's something wrong with the methods we use. So that we can be corrected and make our investment to get good result in future. That's why its ideal for new investor to participate on a discussion like this since for sure there would be a lot of learnings to get especially that they can read multiple opinion which can make their mind sharp towards dealing on any possible scenario that they might encounter in future.
I'm impressed on how people deal with their investment and the way how they share some valuable information this help a lot of investor especially when they are seeking for some valid opinions regarding on some pointers that they are considering to follow.
So hopefully all of us here will earn success so lets continue to plant and for sure there would be a good harvest to come in future.
This just remember me of something I learnt about rules. I guess I heard it in a movie.
There are so many rules here,
Some are written,
While others are not,
You learn those that are written by reading,
And learn those that are not written when you break them.
I think when we go through the internet inorder to search for Bitcoin investment strategies or information, we sometimes see so many related concepts that talks about the same thing without adding something new. But the purpose of having such discussion on this thread enables new and old investors to foresee the none written investment strategies that we might not find elsewhere, as most people who share this things might have had personal experience with them. So most times, I just prefer reading through people's opinion to learn rather than add what they already know.
An investor who tries several investment strategy along a goal path is bound to fail or experience difficulties along the line. There is great importance of strictly adhering to one strategy during a target goal. Although it is in our hands to decide which we would rather use, and at the end of the day we would take responsibility of our decisions.
For example, a new beginner can start with his DCA regularly weekly, and after two years that he have gained more confidence in bitcoin, he can start saving funds to buy at the dip or use part of his reserve funds to buy at the dip, mixing it with his regular ongoing DCA to give him a better advantage of buying more bitcoin to increase his portfolio fast. He can even front laid his bitcoin investment if the price is going higher. However, whatever method that you think will work for you is what you should use as long as you keep on increasing your bitcoin portfolio.
You are on point, but how about after a beginner has followed your suggestion for two years and then decides to sell at a very good price in order to buy the dip?. I think the beginner should be able to buy more this time around as their DCA must have accumulated a lot over those two years. What I mean is that this DCA approach is very good, especially for beginners, assuming it is done for two years. After the two years, the person can then sell at a very good price, combine all the saved up money with what they get from the sale, and then rebuy the dip. This strategy should work fine, but the only constraint might be the timing of when to sell high and when to buy the dip.
At this point I want to provide some news about bitcoin recently, I saw a lot of positive news that I read on X.
So, I predict that in the future Bitcoin will surpass gold in the category of people's preferred asset for investing. Bitcoin will become a target for large companies to make Bitcoin a treasury cash asset. Yes, that means we can conclude something stated by the Op which is to buy on dips and continue to hold. That's a fairly simple sentence, but don't you understand the significance that there are quite a lot of people out there who predict Bitcoin as the best choice to invest in compared to gold or silver.
For this reason, don't waste your time pressing the buy button when you are ready to enter the circle of long-term investment in Bitcoin.
Quote
FORBES: Chamath Palihapitiya has predicted Bitcoin could "completely replace gold" as countries adopt it—potentially pushing it's market capitalization toward gold's $15.7 trillion.
Source: https://twitter.com/BitcoinNewsCom/status/1797629898099654674?t=AFlIS88hLCgsGce6kz8ttg&s=19So, I predict that in the future Bitcoin will surpass gold in the category of people's preferred asset for investing. Bitcoin will become a target for large companies to make Bitcoin a treasury cash asset. Yes, that means we can conclude something stated by the Op which is to buy on dips and continue to hold. That's a fairly simple sentence, but don't you understand the significance that there are quite a lot of people out there who predict Bitcoin as the best choice to invest in compared to gold or silver.
For this reason, don't waste your time pressing the buy button when you are ready to enter the circle of long-term investment in Bitcoin.
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