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Topic: Buy the DIP, and HODL! - page 126. (Read 130413 times)

full member
Activity: 126
Merit: 93
August 11, 2024, 12:40:13 AM
selling a portion of it will make more sense than selling all of what you got in your portfolio. It is an investment that’s already projected to grow overtime and not a short one.

In terms of investors selling there Bitcoin holding I really don't encourage that idea but however if an investor must sell, it should only be in a case or in a point were the amount of Bitcoin they have accumulated is big enough that even if they decided to call it an arriving point of there Bitcoin investment it will be okay, so perhaps that's why even if most people have that mindset of selling it should be when they have gotten to there accumulated targets, then they can decide if they want to sell a little part of it or not, though if the investor has other means of survival I think holding all the investment will be better because as time goes by that's how your investment is appreciating.

Well I feel even before making the move to accumulate or save up bitcoin the investor must have set aside means to which he or she will be getting funds for their daily consumption purpose and also maybe even set aside emergency funds to tackle many other things but if he hasn't then that's just going to cause some kind of inconvenience in the future but when all these other ways to taught off then easy holding of your Bitcoin will be very possible and it would even help your savings a lot because it growth would be a lot faster than the case of you actually tempering with your Bitcoin occasionally.
Of course. It is important for an investor to have a reliable source of alternative income to manage his investment for long term as well as a floating cash system to meet his urgent needs. Another thing you should focus on is not to over prioritize investments because if you over focus, your normal life may cause some disturbance such as aggressive buying tendency in bearish times and withdrawal tendency in bullish times. You should keep your normal buying trend regardless of the price of Bitcoin so that its stack will grow periodically. The more you try to focus your investments, the more likely you are to lose your long term perspective. It also recommends managing investments down the road alongside your normal lifestyle to keep your long-term Bitcoin accumulation going.
hero member
Activity: 1008
Merit: 702
August 10, 2024, 05:04:24 PM
For those who sells their bitcoin out of fear when the market falls it means the market is not for them. If everyone decides to hodl bitcoin when the market dips bitcoin may become scarce for investors to buy more to hodl, atleast when the market goes dip we have investors who are ready to sell to investors who are ready to always take advantage of the dip of the market.  Buying bitcoin and hodling it is a good investment plans that is why investors who have the understanding of buying bitcoin won't allow the opportunity to go of their way. I don't blame people who sells their bitcoin when the price falls, this happens because no better understanding of bitcoin. Accumulating bitcoin to hodl us for those that understands bitcoin better and not for people that are trying to make quick profit.

The bitcoin market is for the wise and smart investors, investors that make good use of any opportunity that comes their way when other investors are scared of losing and selling during a dip, the smart ones immediately buy from them and add to their portfolio. In cryptocurrency, the value of a token continuers the decrease as more people sell off the token, as you sell more of your bitcoin as the market dips, you’re making it for other investors to get it at a more lower price to buy more. Having a knowledge on bitcoin is one part and applying the knowledge in markets uncertainties is another thing you should also be good at, because you’ll always not see the opportunity and will always blame it on someone, or the market, or bitcoin just to help compensate for your losses which is not appropriate and could have been avoided earlier by applying the right approach to it.

The main reason why we buy the dip in Bitcoin is because it's a long term investment and the longer you hodl it your return on investment will keep increasing. It's a volatile asset and that means that it's price will always pump and dump because of the forces of demand and supply,. But the uniqueness of Bitcoin is that it's pump will always be far greater than it's dump on the long term, leading us to see new ATH prices in the future. During price dip is the best time to buy Bitcoin and hodl it, don't worry or panic about it's fluctuations on the short term, focus on bull run when price will skyrocket. Ofcourse the best strategy for buying Bitcoin is doing DCA method, by this you'll keep buying for the long term and your ROI will keep increasing.

Coming to a point where you’ll want to use the dip to buy bitcoin or use the DCA method to buy bitcoin is not something you should be contemplating on which to go for. They are both good methods of accumulating bitcoin and both have their advantage and disadvantages over each other. You should always look at the advantageous aspect of each when wanting to use any of the methods to accumulate more bitcoin. DCA should be a method you’ve already employed and have been using from the time you decide to start investing in bitcoin. Overtime, when the dip arises, you can now take advantage of that to buy more when you have maybe some reserve funds to get more of the bitcoin during the dip. The dip comes in handy and sometimes one may not have the resources needed to buy at dip, so trying to balance them up is now left for you without inconveniencing yourself.
sr. member
Activity: 546
Merit: 342
August 10, 2024, 01:05:21 PM
selling a portion of it will make more sense than selling all of what you got in your portfolio. It is an investment that’s already projected to grow overtime and not a short one.

In terms of investors selling there Bitcoin holding I really don't encourage that idea but however if an investor must sell, it should only be in a case or in a point were the amount of Bitcoin they have accumulated is big enough that even if they decided to call it an arriving point of there Bitcoin investment it will be okay, so perhaps that's why even if most people have that mindset of selling it should be when they have gotten to there accumulated targets, then they can decide if they want to sell a little part of it or not, though if the investor has other means of survival I think holding all the investment will be better because as time goes by that's how your investment is appreciating.

Well I feel even before making the move to accumulate or save up bitcoin the investor must have set aside means to which he or she will be getting funds for their daily consumption purpose and also maybe even set aside emergency funds to tackle many other things but if he hasn't then that's just going to cause some kind of inconvenience in the future but when all these other ways to taught off then easy holding of your Bitcoin will be very possible and it would even help your savings a lot because it growth would be a lot faster than the case of you actually tempering with your Bitcoin occasionally.
newbie
Activity: 29
Merit: 7
August 10, 2024, 12:05:53 PM

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.
It marvels me why should people think investing bitcoin in short term will give the kind of profit they wish. Even the physical investment we go into their is never no investment that generates good amount of profit in a short time for investors but always want to earn profit from Bitcoin quick. If we can invest more more in our investment and wait for it to yield profits,  their is also needs to invest more in bitcoin like DCA method of investment for long-term to make profit. And it is one thing to understand that bitcoin investment is more profitable when it is longterm,  this is what needs to be considered when planning to invest in bitcoin and expecting profit. Bitcoin investment is very profitable when investors have made up their nind to go for longterm and to always take advantage of the dip or to buy more whenever is able to afford it.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
August 10, 2024, 11:16:53 AM
Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.
Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.
Of course, the best time to invest is during the dip.You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the minimum more than 3X after the original bull run.
The best time to invest in bitcoin as a new investor is immediately your have the money to invest whether the price of bitcoin is at the dip or not. This is because the dip is unpredictable and might not come at our own expected time, in the sense that we might not be ready when the dip will come. So getting started immediately with DCA after you have figured out how much of your discretionary income that will enable you to buy continuously overtime. It is better to start with little amount and know that you have started your bitcoin investment journey than waiting for the dip, because bitcoin price waits for no one.

There is power in DCA accumulation strategy because no matter how little you start with as a new investor, as long as you are persistent and consistent with it for 4-10 years and above, you will be surprised at how much bitcoin you have accumulated when you check your portfolio. Life itself is a gradual process and there is nothing that is done at rush when it comes to nature. Same applies with bitcoin investment, gradual growth of your portfolio by regular buying for long will make you not feel the burden of investing, and before you know it, you have acquired a significant amount of bitcoin in a very long period of time.

Those that are waiting for the dip, as a new beginner into bitcoin investment are looking for easy way to accumulate more bitcoin with little amount of money which the probability of that happening is 50-50. But with DCA, you have the opportunity to take average of the market at different prices to increase your bitcoin portfolio.

Planning to buy during the dip puts you in the wrong mindset, especially for newbies or anyone who has not sufficiently and/or adequately prepared for up, and the ONLY way to prepare for up is by buying bitcoin.

Another thing if you focus so much upon whether or not you might be able to do a 3x in profits in a short period of time, then you surely do not have an investor's mindset, you have a trader's mindset.

Why should an investor give more than one ratt's ass of concern whether his BTC holdings happen to be 2x or 3x or 10x in profits in the short term, unless he is planning to sell and/or he concluded that he has enough BTC or more than enough?

Surely one of the difficulties of BTC prices shooting up quickly in a short period of time distracts investors into a temptation of wanting to be a trader.. so yeah, such great price moves can be difficult for investors to deal with, especially if they already have assessed that they don't quite have enough BTC, yet.

Hopefully guys are not making mistakes and getting distracted by BTC price moves, yet we still know that each guy has to make the assessments regarding his BTC portfolio size and how much he wants to grow it prior to getting out of accumulation stage.. and I have frequently considered that with such a great investment like BTC, no one should be really planning to go from accumulation stage to some kind of a selling stage, unless they don't know what they have, so there would likely be an intermediary stage that ends up having quite a bit of holding prior to maybe getting to a stage that starting to sell some BTC might become acceptable within the BTC portfolio maintenance plan.
sr. member
Activity: 476
Merit: 276
August 10, 2024, 06:56:28 AM
selling a portion of it will make more sense than selling all of what you got in your portfolio. It is an investment that’s already projected to grow overtime and not a short one.

In terms of investors selling there Bitcoin holding I really don't encourage that idea but however if an investor must sell, it should only be in a case or in a point were the amount of Bitcoin they have accumulated is big enough that even if they decided to call it an arriving point of there Bitcoin investment it will be okay, so perhaps that's why even if most people have that mindset of selling it should be when they have gotten to there accumulated targets, then they can decide if they want to sell a little part of it or not, though if the investor has other means of survival I think holding all the investment will be better because as time goes by that's how your investment is appreciating.
hero member
Activity: 658
Merit: 562
August 10, 2024, 05:28:01 AM

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.


Of course, the best time to invest is during the dip.You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the minimum more than 3X after the original bull run.
The best time to invest in bitcoin as a new investor is immediately your have the money to invest whether the price of bitcoin is at the dip or not. This is because the dip is unpredictable and might not come at our own expected time, in the sense that we might not be ready when the dip will come. So getting started immediately with DCA after you have figured out how much of your discretionary income that will enable you to buy continuously overtime. It is better to start with little amount and know that you have started your bitcoin investment journey than waiting for the dip, because bitcoin price waits for no one.

There is power in DCA accumulation strategy because no matter how little you start with as a new investor, as long as you are persistent and consistent with it for 4-10 years and above, you will be surprised at how much bitcoin you have accumulated when you check your portfolio. Life itself is a gradual process and there is nothing that is done at rush when it comes to nature. Same applies with bitcoin investment, gradual growth of your portfolio by regular buying for long will make you not feel the burden of investing, and before you know it, you have acquired a significant amount of bitcoin in a very long period of time.

Those that are waiting for the dip, as a new beginner into bitcoin investment are looking for easy way to accumulate more bitcoin with little amount of money which the probability of that happening is 50-50. But with DCA, you have the opportunity to take average of the market at different prices to increase your bitcoin portfolio.
full member
Activity: 532
Merit: 229
August 10, 2024, 04:55:00 AM

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.


Of course, the best time to invest is during the dip. You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the minimum more than 3X after the original bull run.
sr. member
Activity: 588
Merit: 338
August 10, 2024, 04:08:24 AM

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.


The main reason why we buy the dip in Bitcoin is because it's a long term investment and the longer you hodl it your return on investment will keep increasing. It's a volatile asset and that means that it's price will always pump and dump because of the forces of demand and supply,. But the uniqueness of Bitcoin is that it's pump will always be far greater than it's dump on the long term, leading us to see new ATH prices in the future. During price dip is the best time to buy Bitcoin and hodl it, don't worry or panic about it's fluctuations on the short term, focus on bull run when price will skyrocket. Ofcourse the best strategy for buying Bitcoin is doing DCA method, by this you'll keep buying for the long term and your ROI will keep increasing.
full member
Activity: 126
Merit: 93
August 10, 2024, 03:49:33 AM
Of course, if we might know about some of the details of some newbie investors, such as if they are reasonably investing within their discretionary income and they are providing themselves with various kinds of cash cushions, then it may well become more and more likely that they are going to be able to have a consistent investment in bitcoin and they are not going to be easily shaken out of their bitcoin investment due to lack of proper financial preparations... yet sure, there could be other things, besides having solid financial preparations that could influence whether a person decides to stay or not in their bitcoin investment in the long term, such as 4-10 years or longer.
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.
Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.
Initially you should not prioritize your fund development trend. Your primary focus on depositing/investing Bitcoin should be from your disposable income which should influence its growth over time. If you are accumulating bitcoins to grow your funds, the withdrawal pressure may increase during price increases which may be trading for you. Allowing Bitcoin to grow naturally should be considered a positive long-term investment project that should continue to grow in your portfolio on a regular basis regardless of price. A downtrend in the market should be slightly more aggressive than normal buying if you have an emergency fund with at least 6 months or more of your cash. The higher the amount of your floating cash, the more aggressive buying you should do in downtrends. Your goal should be holdings not profits.
sr. member
Activity: 434
Merit: 254
August 10, 2024, 01:53:43 AM
The bitcoin market have been generous to investor this year both those using the DCA method and those buying the dips, none have been left behind and all of them have had the opportunity to buy as much bitcoin as the desire. As of this moment, I don't this moment I don't think there is anyone that will feel left behind yet unless those still sitting in the fence or those weak hands that panicked and sold when the market started correcting. Those are the true losers that might end of regretting when the market is fully recovered. I will continue to maintain my DCA method to take full advantage of this golden opportunity the market offered us again to buy bitcoin around $50k, a price I thought we had passed and was not coming back to. The market behavior also made me realized that the mistake people make trying to predict the market is really a terrible and unnecessary one. The focus should always be to buy and HODL and allow the market develop accordingly
Absolutely adultcrypto, the market has been full of opportunities for accumulating Bitcoin with all the market movements happening. It has been rewarding both DCA'ing and those buying the dips. But some folks refused to view it on this manner they prefer to complain or some people focus on the negative thoughts during dips instead of seeing the opportunities presented in the market for investors DCA'ing and those buying the dips. Trying to predict the market is very stressful, that's why Sticking to a DCA strategy especially when the market behavior is very unpredictable. Buying and HODLing bitcoin is the best way to go, it allows the market display and unfold different circumstances why you stay focused in accumulating and increasing your holdings  believing in the potential growth.
For those who sells their bitcoin out of fear when the market falls it means the market is not for them. If everyone decides to hodl bitcoin when the market dips bitcoin may become scarce for investors to buy more to hodl, atleast when the market goes dip we have investors who are ready to sell to investors who are ready to always take advantage of the dip of the market.  Buying bitcoin and hodling it is a good investment plans that is why investors who have the understanding of buying bitcoin won't allow the opportunity to go of their way. I don't blame people who sells their bitcoin when the price falls, this happens because no better understanding of bitcoin. Accumulating bitcoin to hodl us for those that understands bitcoin better and not for people that are trying to make quick profit.


Definitely, the market is not for premature sellers as a result of dip who are suppose to be channelling their energy in buying during dip period than selling out due to market pressure from dip which may not last for a longtime.
Yea definitely we must see sellers during the dip, as a matter of fact I think that this is more reason why we see more people having bulky asset than each other, the market has made it in such way that everyone will not hold at the same time, some people out of their inability to comprehend what the future holds for them in Bitcoin sell to those that are prepared to face any circumstance because of their futuristic assurance that Bitcoin is going to be more great in the long-term.
Sometimes I feel that there is no amount of preaching that can convinced a short-term investor because I believe that be it a newbie or old investor, they might have come across the fact that Bitcoin is not for shorterterm Holders because of some established facts that may not favour the shortterm investment plan, so dips happens to create a kind of space go both short amd longterm investors and this allows holders to buy more to continue the journey hence the other set of investors are not really meant for the said investment.
sr. member
Activity: 798
Merit: 377
August 09, 2024, 06:43:35 PM

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.

sr. member
Activity: 728
Merit: 271
August 09, 2024, 02:12:40 PM
Of course, if we might know about some of the details of some newbie investors, such as if they are reasonably investing within their discretionary income and they are providing themselves with various kinds of cash cushions, then it may well become more and more likely that they are going to be able to have a consistent investment in bitcoin and they are not going to be easily shaken out of their bitcoin investment due to lack of proper financial preparations... yet sure, there could be other things, besides having solid financial preparations that could influence whether a person decides to stay or not in their bitcoin investment in the long term, such as 4-10 years or longer.
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.
Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.
sr. member
Activity: 490
Merit: 346
Let love lead
August 09, 2024, 10:03:51 AM
in my opinion, with the price of bitcoin that has fallen, it is certainly an opportunity for those who are experienced because they will take advantage of moments like this and maybe for beginners they will experience more worry than those who have long experience in bitcoin investment. besides that, I think those who are experienced may also feel panicked or worried, but maybe those who are experienced already know what to do, meaning they are not at a loss to fix the situation.

besides that, with those who are experienced, I think maybe they will take advantage of this moment by buying more and taking long-term or long-term investments, for those who are still beginners, it is unlikely that they can take long-term or long-term investments. because it requires consistency that is truly maintained.
There is no certain opportunity in bitcoin meant for experienced investors only, opportunity is open to everyone regardless of your experience level. Every opportunity available can be utilize, so long as an investor have  the abilities to plan, strategies, and research you can make significant stride out from certain situations be it newbie or  whatever. Bitcoin investment is all about engaging in critical thinking that will enhance your investment portfolio. This forum have been very impact full that some new investors are aware of the knowledge that when there is price decline its an opportunity to take advantage of by purchasing more coins at lower prices to increase your holdings. What is necessary is to save money and be prepared for times like this becuase its unknown to anyone.
Experience definitely counts, you can look at the investment strategies of an experienced investor and a novice investor to get proof of this, hopefully you'll get the answer. I have money I invested again when I wanted again I sold the investment like this but the investment does not happen. An experienced investor must plan before investing. How much money he can invest and whether he can do it consistently or for how long he will hold the investment is within the strategy of an experienced investor. An inexperienced investor who doesn't think too much about investing. It can be seen that all these investors will invest only motivated by seeing the success of other's investment, but what amount of money he is investing, how long will he hold this investment, but these things will not work in his mind. So I will always value the experience. Everyone should get enough understanding about the investor's investment and then engage in the investment

I would say that an experienced investor was once inexperienced hence both stages are as well very important, Bitcoin investment is quite different from other investment such that one doesn't need much of the understanding before getting started, perhaps there are so many things to learn while already in the market, a fans watching football game can not merely understand the intensity of what is happening inside the field compared to those playing. It is better to get fucking started and figure out other things on your way up.
Definitely, I can't agree with you less since It's obvious that no one started out figuring everything out at once. Ideas develop with time when constant patterns are being experienced repeatedly, and the mind starts out looking for better ways to get stuff solved. Also challenges gets us tougher and prompts iud to seek extra information to match newest experiences.

There's a very big difference between just learning theories and being practical with what you're learning.

Even in the work force, on the job training is the most effective of all since you're trained to improve on what you're already doing and new knowledges are applied immediately to solidify the experience and expand on it where possible, so getting started with your Bitcoin investment is very important(of course after learning the pre-requisites) because the more you're into it the better an investor you get to be with time. The more you engage, the more informations you would come across, the more you learn and the more of an experienced investor you'll become in no distant time since you're being practical with your gained knowledge.
sr. member
Activity: 532
Merit: 250
August 09, 2024, 09:39:10 AM
~
One of the major thing an investor should know especially the newbies coming into cryptocurrency is to have a strong and prepared mindset that when bitcoin price dips, it should be an opportunity for us to buy more and not to panic into selling off my portfolios. A newbie that is able to conquer this in their mind, they will never have problems with the dip. 1BTC will always be 1BTC unless you take a portion of it and sells out that its value will reduce. A projected profit target should be reached before you sell off your bitcoin.Many dips have come and gone and bitcoin always bounce back. The enthusiasm in bitcoin has made it an asset that many people have believe in to always bounce back even when the future of it is not certain by anyone. Owning bitcoin for several years is not a guarantee that they can be able to withstand the market conditions, if their mind is not prepared for it, they’ll always feel bad and have a reason to sell some part of it off.
The only nest time to sell part of your bitcoin is when you have already have more than enough Bitcoin in your portfolio that you might no need to buy more but just to hodli. And that does not mean that you should sell all your bitcoin because you have gotten the profit that you need from your bitcoin portfolio but only sell little portion that will not affect the size of your bitcoin portfolio at all, so that you can continue hodli your bitcoin for more compounding profit in future.

An investment should not be shutdown when it is flourishing but should be maintained for continuity overtime and this is same with bitcoin because it is an asset that is worth keeping.

It is all great because selling a portion of it will make more sense than selling all of what you got in your portfolio. It is an investment that’s already projected to grow overtime and not a short one. If the price of it rises as many have envisioned it to be in the future, your portfolio value will only get more richer because by some time in the future, you would have made x2 or more of what you’ve invested it in and will continue to increase as time goes. Maybe this can also be viewed by some people as a great profitable business that they can depend on in years to come but the volatile nature of it won’t make it more suitable for that but am investment in it is worthy of being profitable in the future.

The bitcoin market have been generous to investor this year both those using the DCA method and those buying the dips, none have been left behind and all of them have had the opportunity to buy as much bitcoin as the desire. As of this moment, I don't this moment I don't think there is anyone that will feel left behind yet unless those still sitting in the fence or those weak hands that panicked and sold when the market started correcting. Those are the true losers that might end of regretting when the market is fully recovered. I will continue to maintain my DCA method to take full advantage of this golden opportunity the market offered us again to buy bitcoin around $50k, a price I thought we had passed and was not coming back to. The market behavior also made me realized that the mistake people make trying to predict the market is really a terrible and unnecessary one. The focus should always be to buy and HODL and allow the market develop accordingly
Yes I also think bitcoin market has been good to investors this year. Both people who invest little at a time and those who buy when price is low have been able to get bitcoin. But people who sold when price went down or are still waiting might be sorry later. I think it is best to keep investing little at a time and holding onto bitcoin instead of trying to guess what market will do. This way we can benefit from long term growth of bitcoin. Right now the price is around $57k which is a good time to buy.

The market is not here to keep waiting for those that won’t take advantage of it immediately they see an opportunity. A lot of opportunities have really came around in this yearly only, I mean through this circle. The way bitcoin dipped back was not something anyone expected but it was an opportunity for both existing investors and new investors to accumulate more into their bitcoin savings. Right now, I have come to realize that the market cannot be predictable, even if the market dips more, it won’t be a surprise to me again. This is what the brain behind this thread is all about “Buy the DIP, and HODL!”.
hero member
Activity: 1050
Merit: 844
August 09, 2024, 09:11:08 AM
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.

People who have taken an investment plan that they think is good are people who have made their own decisions unanimously on something and if the choice is Bitcoin, I think it is the best and there is no need to doubt it even though in determining the time it also needs further consideration for everyone who wants to invest in Bitcoin. But if I may suggest to you or to all investors who are just starting to invest in Bitcoin, try to choose a long-term duration for Bitcoin investment so that each investor can be more loyal in thinking when they want to make several other investments in different sectors in the same year.
newbie
Activity: 29
Merit: 7
August 09, 2024, 08:40:06 AM
The bitcoin market have been generous to investor this year both those using the DCA method and those buying the dips, none have been left behind and all of them have had the opportunity to buy as much bitcoin as the desire. As of this moment, I don't this moment I don't think there is anyone that will feel left behind yet unless those still sitting in the fence or those weak hands that panicked and sold when the market started correcting. Those are the true losers that might end of regretting when the market is fully recovered. I will continue to maintain my DCA method to take full advantage of this golden opportunity the market offered us again to buy bitcoin around $50k, a price I thought we had passed and was not coming back to. The market behavior also made me realized that the mistake people make trying to predict the market is really a terrible and unnecessary one. The focus should always be to buy and HODL and allow the market develop accordingly
Absolutely adultcrypto, the market has been full of opportunities for accumulating Bitcoin with all the market movements happening. It has been rewarding both DCA'ing and those buying the dips. But some folks refused to view it on this manner they prefer to complain or some people focus on the negative thoughts during dips instead of seeing the opportunities presented in the market for investors DCA'ing and those buying the dips. Trying to predict the market is very stressful, that's why Sticking to a DCA strategy especially when the market behavior is very unpredictable. Buying and HODLing bitcoin is the best way to go, it allows the market display and unfold different circumstances why you stay focused in accumulating and increasing your holdings  believing in the potential growth.
For those who sells their bitcoin out of fear when the market falls it means the market is not for them. If everyone decides to hodl bitcoin when the market dips bitcoin may become scarce for investors to buy more to hodl, atleast when the market goes dip we have investors who are ready to sell to investors who are ready to always take advantage of the dip of the market.  Buying bitcoin and hodling it is a good investment plans that is why investors who have the understanding of buying bitcoin won't allow the opportunity to go of their way. I don't blame people who sells their bitcoin when the price falls, this happens because no better understanding of bitcoin. Accumulating bitcoin to hodl us for those that understands bitcoin better and not for people that are trying to make quick profit.
hero member
Activity: 1008
Merit: 702
August 09, 2024, 06:38:54 AM
Of course, if we might know about some of the details of some newbie investors, such as if they are reasonably investing within their discretionary income and they are providing themselves with various kinds of cash cushions, then it may well become more and more likely that they are going to be able to have a consistent investment in bitcoin and they are not going to be easily shaken out of their bitcoin investment due to lack of proper financial preparations... yet sure, there could be other things, besides having solid financial preparations that could influence whether a person decides to stay or not in their bitcoin investment in the long term, such as 4-10 years or longer.
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.

Starting out as a newbie in bitcoin investment does not necessarily translate that you would stay long and that does not mean that you’ll opt out as soon as possible. Other factors can contribute to how far you’ll be staying in the bitcoin investment. You just have to be sure that the factor is not such that cannot be handled by you when you’re already going far in the investment. You’ll definitely face some challenges like the cash flow, market conditions and other unforeseen circumstances that may annul your investment process, personal and urgent miscellaneous.

Sometimes, you might have already made up your mind and all you need to do was to continue and cross all the hurdles that may stop you from continuing, some cannot be overcome and you don’t have the choice than to pause and continue some other time. This is why it has also being necessitated to have a continous source and flow of income that can supplement your investment, when you can’t take from their to grow your bitcoin savings anymore, you can stop and continue some other time without touching the one you’ve already gathered over the time.
member
Activity: 74
Merit: 11
August 08, 2024, 03:46:10 PM
Of course, if we might know about some of the details of some newbie investors, such as if they are reasonably investing within their discretionary income and they are providing themselves with various kinds of cash cushions, then it may well become more and more likely that they are going to be able to have a consistent investment in bitcoin and they are not going to be easily shaken out of their bitcoin investment due to lack of proper financial preparations... yet sure, there could be other things, besides having solid financial preparations that could influence whether a person decides to stay or not in their bitcoin investment in the long term, such as 4-10 years or longer.
determining a plan is something that must be considered, because this is something that is also said to be important. if you think about it, for those who are just starting to invest in bitcoin, they have their own strategies and choices that they think are the best choices for themselves, whether it is long or short term, they will take what they think is good.
sr. member
Activity: 490
Merit: 346
Let love lead
August 08, 2024, 03:03:10 PM
The bitcoin market have been generous to investor this year both those using the DCA method and those buying the dips, none have been left behind and all of them have had the opportunity to buy as much bitcoin as the desire. As of this moment, I don't this moment I don't think there is anyone that will feel left behind yet unless those still sitting in the fence or those weak hands that panicked and sold when the market started correcting. Those are the true losers that might end of regretting when the market is fully recovered. I will continue to maintain my DCA method to take full advantage of this golden opportunity the market offered us again to buy bitcoin around $50k, a price I thought we had passed and was not coming back to. The market behavior also made me realized that the mistake people make trying to predict the market is really a terrible and unnecessary one. The focus should always be to buy and HODL and allow the market develop accordingly
Absolutely adultcrypto, the market has been full of opportunities for accumulating Bitcoin with all the market movements happening. It has been rewarding both DCA'ing and those buying the dips. But some folks refused to view it on this manner they prefer to complain or some people focus on the negative thoughts during dips instead of seeing the opportunities presented in the market for investors DCA'ing and those buying the dips. Trying to predict the market is very stressful, that's why Sticking to a DCA strategy especially when the market behavior is very unpredictable. Buying and HODLing bitcoin is the best way to go, it allows the market display and unfold different circumstances why you stay focused in accumulating and increasing your holdings  believing in the potential growth.
There are many Bitcoin investment strategy and the reason DCA strategy is preferable for be is because is the best for those who are working and receiving salary monthly, this strategy won't be the best for a contractor who gets contract once in a while.
Now are you trying to say that the contractor is paid every contract entitlement at once?, or are you saying that those contracts finished as soon as they're sealed?. I've never seen that pattern since I started seeking for contracts, every contract agreements has milestones and when such milestones are reached, certain amount of money is released by the employer to further the project. Not minding that contractors gets contracts once in a while, most contracts lasts as long as several months, so the contractor can plan himself to be consistent with DCA from periodic funding that comes from projects he undertakes. Some contracts even lasts for several years and there's consistent funding, so it's almost the same thing. Consistency can be achieved irrespective of your job description, as long as funds are available, proper planning puts everything in place.

Quote
Which ever way one chooses but it should be what will suit you.
Yeah the dip is a good opportunity for everyone to accumulate more Bitcoin irrespective of the strategy you are using.
This is even where the contractor gets more advantage than the salary earner as more funds are made available to him to plan for a longer period of time. If for example, he  buys $200 Bitcoin monthly and he sealed a deal of $10000 contract with 60% upfront payment and the dip presents itself within that period, he can opt to buy the dip at once with like $1000 which should have been for 5 months and then plan to buy again from the next 5 months.

Now he's gaining because he's purchased more quantity at the same price that a normal salary earner would still meet up with in 4 months time.

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