Topic: Buy the DIP, and HODL! - page 107. (Read 122021 times)

We should always keep our goals high and never get discouraged. Maybe before starting investment we can think that if I invest 20 dollars every week or 50 dollars every month then my investment amount will not be much at the end of the year. I would say to all these investors that no amount of investment is small. If you can invest 50 dollars every month then at the end of the year your investment amount will be 600 dollars and if you keep this investment for five years or seven years then calculate once how much your total investment amount will be at the end of these five years or seven years. We always have to think big and plan accordingly and try to execute the plan. There may be many hurdles in long term investing but those who overcome those hurdles and maintain their investment consistency are the true investors.

The best time to do it was always in the past and not in the present. However, we cannot go back in time and so we have to deal with the present and before another regret comes, do it presently so that not another opportunity will be missed.

[Edited Out]

That's right, whether you've been involved for a long time or are new, you still have to have a strategy, even if you or someone else who has been involved in the BTC world for a long time definitely has a strategy. I read and learned a lot of new things when I entered this thread, although I rarely comment, but listening is not a bad thing. I often read the comments on this thread because here I think I can find new lessons and insights about BTC.

Of course, getting a strategy that feels right takes time, I myself am currently studying the DCA strategy which is talked about quite a lot. This is interesting because I think everyone can do this strategy, even beginners, but there are many factors and aspects that must be considered so that everything goes well.


Of course, to invest, you need sufficient knowledge because if you lack knowledge, the investment you make may lead to more losses. Of course, everyone doesn't want to experience losses, so if you really want to invest, you must have sufficient and good knowledge first. I myself am looking for learning. Just from this thread I think I can take some lessons from the many comments there are. Even though we may occasionally have to be brave enough to take risks, if there is a lesson that can be understood to minimize the risk then it is better to learn it, after all it won't result in a loss either.

Restraining myself is not an easy thing, I still can't control my patience very well, I'm still preparing myself to be more ready to do everything.

Yeah I completely agree with you, as it takes fewer and fewer of Bitcoin to build a good size up to a reasonable amount, just as the saying that a thousands drops of water can make an ocean so is the effects of the dac strategy, most importantly consistency should be an imperative as regards to working towards achieving a good size of Bitcoin, the DCA strategy has tremendous benefits the reason why it dominates the thread, it gives room for the inexperienced to be in the market on time without attempting to gain much of the knowledge before entering the market, the DCA strategy is a strategy I personally call the super strategy as it can be use by any categories of investor.

Yeah I completely agree with you, as it takes fewer and fewer of Bitcoin to build a good size up to a reasonable amount, just as the saying that a thousands drops of water can make an ocean so is the effects of the dac strategy, most importantly consistency should be an imperative as regards to working towards achieving a good size of Bitcoin, the DCA strategy has tremendous benefits the reason why it dominates the thread, it gives room for the inexperienced to be in the market on time without attempting to gain much of the knowledge before entering the market, the DCA strategy is a strategy I personally call the super strategy as it can be use by any categories of investor.

I'm confused, nothing left in their portfolio? Can you explain further?

DCA investment strategy will definitely make your long term investment easier. If people who invest but do not know about DCA investment strategy are discussed about this investment strategy then they will definitely invest in this strategy excluding all investment strategies. DCA investment method is a simple and effective investment strategy. Investors do not need sufficient amount of money to invest in this strategy but if that investor has the ability to invest a certain amount of money regularly.

If you are a new investor then surely this investment strategy will work for you. You just continue to invest in this strategy consistently and at some point you will realize for yourself how positive this strategy has been for you. When you look at your total investment after a long period of time, you will be amazed at how much you have invested even with small investments.

Yes, a lot of people are currently close to that extreme of having nothing left in their portfolio because the center of attraction has been drawn from growing and advancing portfolio to the sudden amount of profits we can make from investing.

The best time to do it was always in the past and not in the present. However, we cannot go back in time and so we have to deal with the present and before another regret comes, do it presently so that not another opportunity will be missed.

That's right, whether you've been involved for a long time or are new, you still have to have a strategy, even if you or someone else who has been involved in the BTC world for a long time definitely has a strategy. I read and learned a lot of new things when I entered this thread, although I rarely comment, but listening is not a bad thing. I often read the comments on this thread because here I think I can find new lessons and insights about BTC.

Of course, getting a strategy that feels right takes time, I myself am currently studying the DCA strategy which is talked about quite a lot. This is interesting because I think everyone can do this strategy, even beginners, but there are many factors and aspects that must be considered so that everything goes well.


Of course, to invest, you need sufficient knowledge because if you lack knowledge, the investment you make may lead to more losses. Of course, everyone doesn't want to experience losses, so if you really want to invest, you must have sufficient and good knowledge first. I myself am looking for learning. Just from this thread I think I can take some lessons from the many comments there are. Even though we may occasionally have to be brave enough to take risks, if there is a lesson that can be understood to minimize the risk then it is better to learn it, after all it won't result in a loss either.

Restraining myself is not an easy thing, I still can't control my patience very well, I'm still preparing myself to be more ready to do everything.

But there will be those people who will be at one point of the extreme that holds no Bitcoin. Out of the eight billion people in the world right now, how many of us are actually accumulating/having a desire/interest in learning about Bitcoin? I believe that in two or three decades that line will be clear. Bitcoin is not perfect, but it will get bigger and BIGGER. Front run everyone now, worry about it later. Bitcoin is a breakthrough, like the invention of the telephone or something as ground-breaking as air travel.

To state the obvious, there is a certain truth that any strategy has to start from where any of is at right now, whether we have already been in bitcoin for a while and we are figuring out if there might be some way that we might improve our BTC accumulation and/or maintenance strategy or maybe we are just starting in bitcoin and bitcoin accumulation and we are figuring out our strategies, then we have to figure out our own budget and our 9 factors, and our view about the BTC price movement is ONLY one of the factors, which also might not be as important as several of the other factors.. and it could take us years to really get our practices in a kind of order that we start to feel comfortable with the amount of bitcoin that we are regularly accumulating and also the other balances of our cashflow and our cash reserves.

That positive mindset is being disrupted when you're less experienced. And this happens to many investors that whenever a few falls happen, they all panic.

But an investor that has enough experience of buying the dip and holding for so long, there's no inch of movement to their emotions happen and that's why holding firm has been an easy action for them.