...
You should understand that the purpose of this thread is to discuss about bitcoin and how it can be invest easily for those who really want to invest in bitcoin. You can choose to invest what you may think is good for you but as for many of us in this thread we choose to invest bitcoin and we will always preach about bitcoin to beginners and those who don't have much understanding of going about it. The DCA method is one of the simplest methods that is used in investing bitcoin no matter the financial status one belongs, just be consistent and eith time you will be able to accumulate fine amount of Bitcoin which will be profitable in the future if you hodl it.
Topic: Buy the DIP, and HODL! - page 2. (Read 138239 times)
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
It is very difficult to make short-term profits from Bitcoin, although it is not impossible to make short-term profits, but the possibility of it being pumped in the short term is very low, which is much more likely to be pumped in the long term. That is why those who Those who know the real potential of Bitcoin, follow the DCA method and invest regularly in the long term, they never worry about the short-term volatility of the market, or they do not take profits by selling their holdings in the short-term pumping, their main objective is to create a large financial base in the long term.
There are also investors who will just keep holding for the next 10 to 12 years from now (without worrying about the price). And even if Bitcoin crosses $500K in the middle, they will not want to sell their holdings, they will want to hold there bitcoin for 12 years or 3 cycles to complete.
Only they will achieve such success in the future, and that success will completely change their lives and financial situation.
Those who will invest with the right knowledge and patience and hold for the long term, will be able to enjoy the real success of Bitcoin.
Nobody can tell when a dip will come or when it will last. This is why a new investor should forget about buying the dip and focus on building his bitcoin portfolio bit by bit with DCA method where you have the opportunity to buy bitcoin every week or monthly with consistent and persistent irrespective of the price of bitcoin since you are on a long term journey.
Not taking the risk to invest in bitcoin is riskier than taking the risk to invest in bitcoin. This is why it's better to risk it and invest in bitcoin since it's a good asset worth throwing some value into and grow it overtime with the right amount from your discretionary income. Have a target and stay focus on achieving your goal. Emergency funds is needed to survive in your bitcoin accumulation journey.
You're right, long-term bitcoin investors don't need to be fixated on falling prices to make purchases. Because if you wait for the price to fall before making a purchase, in my opinion this could damage the momentum of investing as early as possible. Because for example someone is going to invest in bitcoin, but because the price of bitcoin is currently rising, that person decides to postpone their investment until bitcoin experiences a significant decline. Meanwhile, as you said, no one knows for sure when the price of bitcoin will rise or fall. Therefore, people who delay investing in bitcoin also don't know when they can start buying bitcoin. Because he also doesn't know when the price of bitcoin will fall. So waiting and waiting is what such a person will do.Not taking the risk to invest in bitcoin is riskier than taking the risk to invest in bitcoin. This is why it's better to risk it and invest in bitcoin since it's a good asset worth throwing some value into and grow it overtime with the right amount from your discretionary income. Have a target and stay focus on achieving your goal. Emergency funds is needed to survive in your bitcoin accumulation journey.
Therefore, anyone who wants to invest in bitcoin, starting as early as possible when they already have cold money is the most appropriate thing. Because as we know, long-term investment in Bitcoin will still provide very promising profits at whatever price we buy the Bitcoin. So doing the DCA technique is the right solution in bitcoin. But instilling thoughts like this is not an easy thing, especially for beginners who are starting to invest. Because as humans we have fear, and this is a big barrier to fully believing in bitcoin. Because according to my assumption, people who wait for the price to fall first to start investing, it could be said that such people still have a lot of doubts about Bitcoin. And according to my personal experience, it takes time to be able to turn that doubt into belief.
...
You should understand that the purpose of this thread is to discuss about bitcoin and how it can be invest easily for those who really want to invest in bitcoin. You can choose to invest what you may think is good for you but as for many of us in this thread we choose to invest bitcoin and we will always preach about bitcoin to beginners and those who don't have much understanding of going about it. The DCA method is one of the simplest methods that is used in investing bitcoin no matter the financial status one belongs, just be consistent and eith time you will be able to accumulate fine amount of Bitcoin which will be profitable in the future if you hodl it.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
-snip-
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
I actually can't get it if it's a mistake or you are certain of what you are saying, what if you invest now and in no distance time it gets you into a profitable scenario, are you trying to say that you will sell?
Because according to your statement, you said that we need to hold for a long time until we are in a profit, which in my own opinion, it doesn't matter at all because the goal is to hold for a very long period of time, so even if we are already in a profit, it would be stupid to sell now because it's just for minimal gains that wouldn't have any significant changes on our finance forever, so it's best to hold for a very long time regardless of if you are in a profit or not, because building a generational wealth true it is the goal not for minimal gains.
I think Futurexxx you are misunderstanding retreat, perhaps he didn't made mention or being specific about the used of the term profits in his narrative whether it is of minimal or maximal profits so you don't have to crucify him for making that statement. However, I completely get your point of saying that a long term holder should be confident enough not to sell their investment even on seeing a profit that is not reasonable and significant enough to change a financial situation, the point at which retreat was saying is generalizing the concepts of every business or investment which aim is to maximize profits and of course no one that called him or herself a Bitcoin investor that will sell his investment at lost but to hold for as long as necessary.
-snip-
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
I actually can't get it if it's a mistake or you are certain of what you are saying, what if you invest now and in no distance time it gets you into a profitable scenario, are you trying to say that you will sell?
-snip-
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
I actually can't get it if it's a mistake or you are certain of what you are saying, what if you invest now and in no distance time it gets you into a profitable scenario, are you trying to say that you will sell?
Because according to your statement, you said that we need to hold for a long time until we are in a profit, which in my own opinion, it doesn't matter at all because the goal is to hold for a very long period of time, so even if we are already in a profit, it would be stupid to sell now because it's just for minimal gains that wouldn't have any significant changes on our finance forever, so it's best to hold for a very long time regardless of if you are in a profit or not, because building a generational wealth true it is the goal not for minimal gains.
-snip-
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
And the DCA method is the right choice for those who have limited income and this is one of the beauties of Bitcoin. Because with the DCA method they can collect Bitcoin periodically which will later accumulate to be large in the long term by using their discretionary money and this must be done consistently according to their abilities after prioritizing important needs and also saving for important needs without using Bitcoin. And for those who take the wrong way because they don't know that far, and we must continue to provide the best advice so that they can learn well and also realize that by doing any method as long as the goal is for the long term everything will be fine and will also be profitable.
Bitcoin is a promising investment, steady investment using DCA will guarantee a better lifestyle away from your bitcoin wallet and prepare one for the benefits that will come with bitcoin in the future.
Really you are right?
The way you make various comments about Bitcoin, it seems that Bitcoin is not the only coin that guarantees a good life. I don't understand how investing in Bitcoin guarantees a good life. Many people are more interested in investing in gold instead of investing in Bitcoin. It is seen that if you can invest in gold, you can be the safest and worry-free. But the Bitcoin market is unstable, why did you say it so beautifully? Is it possible? However, the way the Bitcoin market is moving will take a long time to create a good position.
-snip-
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.
Yes, if an investor already knows the cycles that usually occur in bitcoin, it is certain that the investor will no longer hesitate to invest in bitcoin for the long term. Because the potential for the Bitcoin cycle to repeat itself every 4 years is 95% and is exactly the same as the previous cycle. What is different is that in each cycle the price of bitcoin always experiences a higher price increase compared to the previous cycle. For this reason, in my opinion there is no need to hesitate to invest in bitcoin. Because in my opinion, currently the most promising investment asset is bitcoin. What I mean by promising here is the potential for profit. That's why many people do DCA on bitcoin, regardless of the market price. This is because of the bitcoin cycle, because with this cycle people who do DCA feel safer. Because buying bitcoin at whatever price now, it is certain that in the next cycle will still make a profit. So basically we don't need to hesitate anymore to invest in bitcoin. Because bitcoin is truly the best investment asset of this decade.
Buddy the cycle you've consistently mentioned is just 4years which I believe to every bitcoiner that understands the concept of Bitcoin will not want to call that a long-term, with the look of things though I won't read your mind you feel that 4years is a long-term and may be because of the mindset that in very cycle their may be a kind of a higher shift in Bitcoin than the previous cycle then you see it necessary that every Bitcoiner can invest since there may be a good profit in every cycle as you assume, that's laughable mate, you shouldn't be concentrating on such number of years and still call yourself a long-term investor, there are things that may trigger you to sell prematurely and I think you've started doing those already, people don't invest in bitcoin because of the cycle that's not the major reason though profit could be individual reason for bitcoin investment but people mainly invest in Bitcoin for a long term because of trust and security, some persons that invest in Bitcoin for retirement do it for the said purpose knowing fully well that its an investment thats future assured and I think that future is not the 4 years that you keep mentioning.
Buddy my advise for you is to concentrate on a long-term look beyond the 4 years cycle, don't see 4years as a long-term so that you won't have the mindset of selling so quick to avoid regret.
Buying during a dip requires confidence and patience. Analyzing market trends is key, but remember, even strong trends can reverse unexpectedly. When aiming for long-term HODLing, every price point can be seen as an opportunity. Instead of focusing on short-term fluctuations, it's about trusting your strategy and seeing dips as potential buying chances rather than setbacks.
Why timing the market if you are investing for a long term? Sure, DIPs are potential buying chances but it does not mean you have to wait for it just because you want to buy bitcoin at cheaper prices. A long term hodler is not interested in the price of his buying point because his target is mostly to build his portfolio and meet his accumulation target. If he has reached his accumulation target, he can then check if he can still over accumulate more or just leave it at the level it is then he can be able to know if he will need a DIP to happen before considering accumulating more because by that time, it will not be a problem to him since he have already reached the satisfactory level of his accumulation. Different people use steps in different ways, but I think that once a dip is bought in the Bitcoin market, it takes a long time for the next dip to occur. But I think that whenever a person buys a dip, that person immediately gets the time to fund for the next period, and if he wants to buy bitcoins at any rate weekly or monthly in the DCA system, he can certainly do so, but he must be patient to buy each point. have to do And to sustain it for a long time requires considerable time and patience strength and capacity to take risks is most important.
Not taking the risk to invest in bitcoin is riskier than taking the risk to invest in bitcoin. This is why it's better to risk it and invest in bitcoin since it's a good asset worth throwing some value into and grow it overtime with the right amount from your discretionary income. Have a target and stay focus on achieving your goal. Emergency funds is needed to survive in your bitcoin accumulation journey.
Bitcoin is a promising investment, steady investment using DCA will guarantee a better lifestyle away from your bitcoin wallet and prepare one for the benefits that will come with bitcoin in the future.
Really you are right?
The way you make various comments about Bitcoin, it seems that Bitcoin is not the only coin that guarantees a good life. I don't understand how investing in Bitcoin guarantees a good life. Many people are more interested in investing in gold instead of investing in Bitcoin. It is seen that if you can invest in gold, you can be the safest and worry-free. But the Bitcoin market is unstable, why did you say it so beautifully? Is it possible? However, the way the Bitcoin market is moving will take a long time to create a good position.
as much as I will love to say that Bitcoin is not the coin that guarantees good life but I will also like to inform you that Bitcoin is way better and safe than those other coins you guy think can also give good life which I don't think is certain or for sure even if you hold them for years, any coin aside Bitcoin is not certain because you don't know the possibility of it going up and in the cause of investing in then you can easily lose your money. And where do you get the information that many people are interested in investing in gold?
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
Always buying at the considered dip requires extra ammos. This will be tough for an average bitcoiner.
What makes people refrain from doing buying action during every dip is confusion and doubt. Analyzing the current trend is one of the recipes in making a speculation which will result on next strategy. At most of the cases, if we say today is downtrend, it will be the case that will lasts for long period. But sometimes, people doesn't think of other way around that even how powerful a trend is, it can be reversed anytime.
So what to do now? Trust your judgement if it was properly analyzed. After all, if the purpose is really to HODL for long, people can considered every price level as dipping level*.
Then as for the second statement I made bold in your write up, it makes no sense to be using any strategy as an investor, analyzing the market, trusting of strategy is mainly for traders because as a Bitcoin investor, once you buy it, the only thing that is required from you for your investment to go smoothly without you tempering with it in the future is by having a reliable source of income and an emergency funds, so that you won't have to fall back to your investment when in serious financial needs, once you have both of these in place you are good to go bro, so stop saying that we need to analyze the market or even trust a strategy, because that's for traders only.
Buying during a dip requires confidence and patience. Analyzing market trends is key, but remember, even strong trends can reverse unexpectedly. When aiming for long-term HODLing, every price point can be seen as an opportunity. Instead of focusing on short-term fluctuations, it's about trusting your strategy and seeing dips as potential buying chances rather than setbacks.
Why timing the market if you are investing for a long term? Sure, DIPs are potential buying chances but it does not mean you have to wait for it just because you want to buy bitcoin at cheaper prices. A long term hodler is not interested in the price of his buying point because his target is mostly to build his portfolio and meet his accumulation target. If he has reached his accumulation target, he can then check if he can still over accumulate more or just leave it at the level it is then he can be able to know if he will need a DIP to happen before considering accumulating more because by that time, it will not be a problem to him since he have already reached the satisfactory level of his accumulation. Different people use steps in different ways, but I think that once a dip is bought in the Bitcoin market, it takes a long time for the next dip to occur. But I think that whenever a person buys a dip, that person immediately gets the time to fund for the next period, and if he wants to buy bitcoins at any rate weekly or monthly in the DCA system, he can certainly do so, but he must be patient to buy each point. have to do And to sustain it for a long time requires considerable time and patience strength and capacity to take risks is most important.
[edited out]
even though talking about profit is not out of place, if you dwell more about taking profits, you will end up taking profit too soon and never get the best from your investing in bitcoin. proper planning entails that you focus more about buying and accumulating enough bitcoin at this price which will ultimately turn out to becoming the lows in the future and set out good plans that will protect the bitcoin we have already stacked up which is the surest way to be in a good profit knowing that the extent of our profitability in our bitcoin investment is dependent on how much bitcoin we have acquired already.Maybe we could attempt to emphasize the time element of bitcoin rather than the profit element of bitcoin, just to make a bit of a point.
I am pretty sure that there are ways to structure various kinds of hypotheticals in which a guy reaches or slightly exceeds his BTC accumulation goals, and then soon thereafter enters into some kind of a sustainable withdrawal system in which he is not concerned about profits, but instead just concerned about halving enough and employing sustainable withdrawals.
Since I personally consider something like the 200-WMA to be a way of measuring enough value that can be sustained, it would likely help if the person either accumulated his bitcoin position over 4 years, held his bitcoin for 4 years or bought an overwhelming majority of his BTC at around the 200-WMA price.
So there seems to be quite a bit more flexibility for guys to have their costs below the 200-WMA so that they do not necessarily have to concern themselves about the extent to which any of their spot price sales are in profits.. that is once they reach a point of even being ready for selling any of their BTC.. which I think is getting to a status of already overly accumulating a decent stash of BTC, so it seems best to get to a status of overaccumulation first.
We could come up with some examples of a guy who just gets into bitcoin and pretty much accumulates all of the bitcoin at once, such as he had just recently come across some money like an inheritance or maybe selling a property (or selling a business) or even winning the lottery.... So this guy is going to want to use bitcoin as an investment and as a way to slowly draw from his wealth.. he gives little shits about whether he is in profits or not, yet he already knows enough about bitcoin to appreciate that if he measures his withdrawal of value based on the 200-WMA.. then he likely could withdraw at some thing like 10% per year in a perpetual kind of a way... There would be quite a few ways to describe such examples of hypothetical guys, even though it seems that in this thread, we are presuming accumulating bitcoin over time rather than lump summing into bitcoin, especially since it seems way more likely that normal people who are investing into bitcoin, rather than trading bitcoin, will end up investing into bitcoin over decently long periods of time rather than lump summing into bitcoin with perhaps a few large allocations into it.
[edited out]
Investors should not be misled by the lure of guaranteed profits. Bitcoin investors should be recommended that long-term deposit through the DCA method Profitability to get huge profit. Still, to make a profit investors should to accumulate more than three cycles over a four-year period through discretionary income. Bitcoin can be financially helpful to you in the future through continuous deposit. It has been discussed the thread that the need for backup funds for investment protection and potential emergencies. For long-term Bitcoin investment/holding. The focus is on getting a decent portfolio by using a DCA strategy approach and increasing the amount deposited over time to address risk in Bitcoin. To increase holdings of volatile and valuable assets like Bitcoin, make gradual deposits and ensure proper use of each cycle to gain profits. Decent holding. What do you mean by accumulating over 3 cycles over a four-year period? Usually when we are talking about cycles, then each cycle is 4 years, so if you are referring to three cycles than you are referring to 12 years.
Surely some guys may well take 12 years just to establish their bitcoin position, especially if they might not have a lot of discretionary income or maybe they cannot even invest 10% of their income.. so sure, we might presume that normal people might take more than 10 years just to establish 1 years worth of income invested into bitcoin, especially if all that they can invest is 10% per year... yet still there is variance in regards to how aggressive folks are able to be, specially if they might be able to increase their income and/or cut their expenses.
So I am not completely arguing with the idea that it tends to take a whole lot of time to really start to feel that we are making progress in any kind of investing (savings) that we might do, and surely with any investing that we might do, we are going to be greatly advantaged by having had invested in an asset that ends up having relatively good performance as compared to other places that we could have had put the value.. such as bitcoin (yet future performance is surely not guaranteed in any investment, whether referring to bitcoin or anything else).
Yep.
If a person understands how Bitcoin behaves through the cycles - he would definitely do it long-term no matter the dip or correction he may face along the line.
Those who responsibly look at their accumulated Bitcoins won't get rid of all of them in one swift go.
Yes, if an investor already knows the cycles that usually occur in bitcoin, it is certain that the investor will no longer hesitate to invest in bitcoin for the long term. Because the potential for the Bitcoin cycle to repeat itself every 4 years is 95% and is exactly the same as the previous cycle. What is different is that in each cycle the price of bitcoin always experiences a higher price increase compared to the previous cycle. For this reason, in my opinion there is no need to hesitate to invest in bitcoin. Because in my opinion, currently the most promising investment asset is bitcoin. What I mean by promising here is the potential for profit. That's why many people do DCA on bitcoin, regardless of the market price. This is because of the bitcoin cycle, because with this cycle people who do DCA feel safer. Because buying bitcoin at whatever price now, it is certain that in the next cycle will still make a profit. So basically we don't need to hesitate anymore to invest in bitcoin. Because bitcoin is truly the best investment asset of this decade.If a person understands how Bitcoin behaves through the cycles - he would definitely do it long-term no matter the dip or correction he may face along the line.
Those who responsibly look at their accumulated Bitcoins won't get rid of all of them in one swift go.
I have a hard time considering any investment (especially over a longer period having a confidence level of 95%.. and surely bitcoin remains amongst the best of investments, and perhaps even the best investment available - yet it still seems prudent to establish somewhat conservative upside scenarios.... so then there may well be considerations regarding how to invest aggressively, yet at the same time protecting oneself (financially and psychologically), at the same time.
"The maximum number of Bitcoins that will be created through mining is 21 million. As of December 2023, there were about 1.4 million Bitcoins left to be mined.1 This finite supply is one reason why some people believe Bitcoin will increase in value over time".
To me, when every single bitcoin gets into the hands of the investors in the future, bitcoin will be on a regular increase having a new ATH most frequently.
Bitcoin dips occur daily but most times only traders spot the dips. Even though I don't encourage trading, it is good to understand that what lies ahead of bitcoin is the reason to buy every Dip and hodl.
Trading makes someone always hungry and anxious and exposes a person to a higher risk. Bitcoin is a generational wealth and should be invested in for a long-term.
Buying during a dip requires confidence and patience. Analyzing market trends is key, but remember, even strong trends can reverse unexpectedly. When aiming for long-term HODLing, every price point can be seen as an opportunity. Instead of focusing on short-term fluctuations, it's about trusting your strategy and seeing dips as potential buying chances rather than setbacks.
Why timing the market if you are investing for a long term? Sure, DIPs are potential buying chances but it does not mean you have to wait for it just because you want to buy bitcoin at cheaper prices. A long term hodler is not interested in the price of his buying point because his target is mostly to build his portfolio and meet his accumulation target. If he has reached his accumulation target, he can then check if he can still over accumulate more or just leave it at the level it is then he can be able to know if he will need a DIP to happen before considering accumulating more because by that time, it will not be a problem to him since he have already reached the satisfactory level of his accumulation. 
Bitcoin is a promising investment, steady investment using DCA will guarantee a better lifestyle away from your bitcoin wallet and prepare one for the benefits that will come with bitcoin in the future.
Really you are right?
The way you make various comments about Bitcoin, it seems that Bitcoin is not the only coin that guarantees a good life. I don't understand how investing in Bitcoin guarantees a good life. Many people are more interested in investing in gold instead of investing in Bitcoin. It is seen that if you can invest in gold, you can be the safest and worry-free. But the Bitcoin market is unstable, why did you say it so beautifully? Is it possible? However, the way the Bitcoin market is moving will take a long time to create a good position.
Whenever you try to buy Bitcoin deep, you immediately need to take more solid steps towards the possibility of your investment lasting for a long time. Because future steps are the most important, the more you think about the future, the more aware you will be and the more importance you will start giving to Bitcoin.
Our investment decision today is what determines the kind of future in which we have tomorrow concerning our investment, if we think about having a better future with our investment in bitcoin, then it all starts form today's decision and steps taken, these will ultimately be the drive towards arriving at what we aimed for in the future, that is why our bitcoin foundational background in making investment has to be strong, also, there should be a way in which we do things more of being intentional than when they happened coincidental or by mistake, it also calls our attention to having more closeness to being accurate than more of guessing on what we do, all these are paramount because bitcoin is the need for today and the future for tomorrow in the financial economy and global demands for a decentralized economy.
Jump to: