Topic: Buy the DIP, and HODL! - page 200. (Read 109131 times)

I think you are misunderstanding the concept of buying the Dip because is not only the investors that has smaller capital that utilizes the opportunity when the price is dip, so perhaps in most cases investors that has large capitals are the ones that utilizes the opportunity the most and not because they are not following the DCA method but but because they strategize themselves in such a way that they keep a certain amount of funds so that if the price dip they can accumulate as much as they can while there DCA are still running, so I disagree with you on the aspect you mentioned that is only the average investors that utilizes the dip, however one thing you should know is that Lump Suming is another word for investing huge when the price dip and is mostly done by most investors who has a large capital so they always utilizes every opportunity when the Bitcoin price drops.

Hodling is target to be done by a lot of investors since there's more potential to earn rather than trying the other risky option to earn. There's a lot of information to search and for sure if people will just do their own research for sure they can set up their own plans and figure out that there's basis on everything discussed by people in this thread. As been said there's nothing worry if they sell the small portion of their profit since they can enjoy those amounts and they are still fine since there's a balance stake and they can continue to hodl.

Each person must have their own plan and they should carry out their own strategy since they are the one who can determine that fits on their financial capabilities.

I disagree with you. Since bitcoin is a long-term investment, I see nothing wrong if someone uses $10 to accumulate bitcoin in a month because he or she has tried to start accumulating bitcoin with the little fund within his reach. That person might be using $10 to accumulate bitcoin a month just to have enough money left to take care of his financial needs so that he or she will not sell his bitcoin investment to solve an emergency issue. In the process of accumulating bitcoin with the DCA strategy, the person can get a better job, and he or she can increase the amount of money he or she uses to accumulate bitcoin monthly. And in the end, if the person sells his bitcoin, they will make a profit. So there is nothing wrong with accumulating bitcoin with the little funds you have.

Yes, you are right. Hodling is the goal of investors so that they can get maximum profits and can expand their profits. But some people try to sell a small portion of Bitcoin to take advantage and that is fine because it might be a plan they have prepared beforehand. But they still keep most of their Bitcoins and carry out DCA to add more Bitcoins.

Each person must have their own plan and if you haven't made it yet, make it immediately before everything changes and you are really too late. Investing in Bitcoin using DCA is a good plan so that we can have peace of mind in investing the money we have but of course, we have to learn more before making a decision.

If a person invests properly and creates a desire to buy DCA regularly, then that person will definitely invest for long term. But those who sell opportunistically and are willing to sell their holdings out of greed are essentially in business. They will never be able to keep calm when they see the high movement of the market, so those who are essentially long-term holders must wait for a few years. And he will keep calm and be prepared to extend his investment for longer. That is the clarity of long-term investing.

Yeah hodling Is the goal here, because bitcoin as the potential to keep on growing, ( though there's no guarantees) but still we'll believe so. So having the thought of selling your bitcoin won't be smart at all. But there's some point you can decide to take some profit from your investment , when you have gotten far with your accumulation , so if you have gotten to such point this would be helpful JJG Sustainable Bitcoin WithdrawalStrategy
sorry, any coins sounds off-topic, if you're talking about other shitcoins that definitely sound off-topic, this thread all about holding bitcoin, not other coins . FYI not all coin are special alot of shitcoins at there have gotten alot of investors reckt due to some irrelevant hyped that lures alot of investors investing on them .so we should be careful from such coins , though there are rush in investing in bitcoin but still the risk can be minimised expecially when you are hodl.

It's very true that a long term holder sees things totally different from a short term holder, because anytime the market deep, a long term holder sees it as opportunity to buy aggressively as long as it doesn't affect his emergency funds, while a short term holder always panic and most of them sell, anytime their is a correction in the market, so it's very clear that the reaction of an investor determine if truly he is a long term holder or not.

I'm waiting for the part where you actually make your point. Exactly what I said, when it comes to BITCOIN, HODLing is superior to trading if real profit is what you aim at, and as an investor, it should.
But then, it still boils down to your priorities and objectives. If you read my post, you'll see I mentioned. And then, it's not like traders don't have their 'profits' either, or like traders are jokes, but it's this; it's just an aspect of bitcoining. Not everybody is a long-term investor, so not everybody can be a holder,  based on whatever reasons there is. I would like you to expanciate on your post a bit, because, comrade, I don't really get the point.

To an extend the level of our fiance, risk tolerance and investment objectives has an important role in terms of  percentage allocation towards our investment because there are people who can go as far as using 20 to 30 percent of there income based on the level of his finance and the believe he has on Bitcoin as well as his investment objectives, for instance some one can have a specific number of years planned out to meet up accumulating certain quantity of Bitcoin in his portfolio where allocating 10 percent might not be enough to meet up within the number of years,  he might decide to use up to 20 to 30 percent just for him to meet up that specific time and may probably reduce all his budgets and expenses on other things just for him to meet his investment goals and objectives within the specified period, while he has already made others plans of  taken care of his needs and also make arrangements for his emergency, reserved and float funds by making use of the various strategies such as the dca , lump sum, and buying at the dip where and when necessary.

Comrade Someone once asked one Warren Buffet, when is the ideal time to sell off your investments. He replied, never.

A solid investment that is good enough to buy today is good enough to keep forever.

Bitcoin  collection can yeild high returns, however, that's not how we should be approaching the whole hodling strategy.

I have been associated with traders for more than 12 years, and one things this has taught me is to go for the subject and not for the trade. Bitcoin collection has innumerable subjects across the world based on location and period of coins.

My first suggestions is to have a thorough understanding of a subject before stepping into collecting coins. For e.g. Bitcoins is one of the very popular subject among collectors and has made coin collecting one of the main stream business across the globe. This further has sub categories which can be traced to multiple
 Cryptocurrency established across the world.

My approach to bitcoin collecting is choosing a subject which interests you, firstly, and also has a good historical importance. Once you have that, focus on how you should approach collecting your coins. Any coins is special in it's own way and has it's one piece of history. Investing in the history is what I always recommend. And for an investment outlook, always set your targets and plan trade around the targets.

I don't know if you understand at all comrades

Firstly, HODLing is a superb strategy if you want to get the best out of Bitcoin. With that in mind, you have to know what kind of investor you are, based on your objectives, priorities and purpose.
Why are you doing Bitcoin?
HODLing Bitcoin is unquestionable for a person using btc as retirement plan, and when we're talking about HODLing being profitable, it's not shitcoins we're referring to. Even as you said that the cryptocurrency market is unpredictable, still you CANNOT compare btc's performance over the years to shitcoins, and the future promises too.
If you intend to be a trader, bull runs are when you sell,  traders panic at dips, HODLers accumulate during that period, what kind of investor you are just depends on how big of the picture you see.

If they are serious for accumulating and intend all their balance for long term then they doesn't need to think about analyzing the market since they could accumulate at any price they want without getting bothered on current movement of the market. Those people who tries to analyze will just get distracted especially if they see the market is collapsing and for sure this will make them decide not to buy since they afraid to buy then the market continue to collapsed. This is how people regret their decisions for not buying then they see a big pumps sol to avoid getting any regrets feelings then they should ignore the volatility and just accumulate to hodl. They can use whatever strategy that fits them since the most important thing there is they have bitcoins to hold for long term.

Well, I think someone who is a long term investors has no business analyzing the market, that's a thing for traders to do.  The twist there is the dip where most holders use as a window for accumulating, btc, whether or not using DCA, but then for someone who hasn't figured his way around Bitcoin,  (whether or not he intends to trade) dcaing isn't a bad idea too. For someone who has invested chunks and lost to shitcoins,  Bitcoin actually is not that way, but clearly if you ever invested in shitcoins, you're a newbie to crypto, so you'll naturally panic at dips in btc, but then, for starters for such a person, dcaing is best, so you don't panic at dips too much as when you do lump sums, when you get the hang of it and realize how much you've lost to shitcoins, you can then lump sum, or continue however your pocket can carry, then you buy the dip and HODL

Is it always profitable to hodl (hold) Bitcoin
While Bitcoin has experienced significant growth over the years, it's important to remember that the cryptocurrency market can be highly volatile. This means that the value of Bitcoin can fluctuate quite a bit in a short period.

HODLing (holding) Bitcoin can be a long-term investment strategy for many people, especially if they believe in its potential for future growth. However, it's crucial to consider your own financial goals, risk tolerance, and market conditions before making any investment decisions.

It's also worth noting that past performance is not indicative of future results, and the cryptocurrency market can be unpredictable. It's always a good idea to do your own research, stay informed about market trends, and consider seeking advice from a financial professional.

Yeah , when come to investing (long-term investment) we wil  have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

You seem to have a pretty narrow view, and you also seem to assume that because the BTC price has gone up then it is bound to correct, which may or may not be true.

If you do not have any bitcoin, then the ONLY way to prepare for UP is to buy bitcoin.

Furthermore it can take a real long time for a newbie to build a bitcoin portfolio, perhaps 10-15 years or longer, so there could be  a lot of value in getting started, rather than waiting.. and no one really understands all aspects of the bitcoin market, so there likely is no problem to get started and to learn as you go and learn as you are initially establishing your position, whether you are starting with $100 per week or $10 per week or some other amount that might be appropriate to get started.


This is a very good example. .The need to get the fuck started and to figure out some of the other details later.


Timing may well be a more advanced technique and also apply to someone who had already established a decent bitcoin position.. and yeah, almost no one needs to be fucking around with time, especially if they are starting out without any bitcoin.

Now, if they have $12k that they can invest into bitcoin and maybe they have another $6k that they are going to earn over the next 6 months, then they have $18k over the next 6 months, and if they don't want to invest it all (even the $12k that they currently have available), then maybe they could start by investing $4k to $8k right away and then dividing the other portion into buying on dips and/or DCA... yet one of the important things is to get started with some kind of plan and then if the person is really whimpy then maybe they don't invest right away and maybe they set up some buy on dip points, but that is likely a loser strategy if they are starting out without any bitcoin, so even if the BTC price might start to correct, it is probably better to get the fuck started with some kind of investment right away and then perhaps supplement with the other strategies of buying on dips and DCA.

But hey whatever, people can do whatever they want, and if they are no coiners and lowcoiners who are waiting for dips rather than acting, they may well end up being on the wrong side of the greatest wealth transfer known to man because they were too timid in their ability to figure out some kind of a working position size, even if it might be starting out whimpily. .whimpily is likely to be better than nothing...Of course, no guarantees, yet each of us are responsible for our own actions, and even failing/refusing to act is an action and each of us is responsible if we choose to go down the course of failing/refusing to act.


I think that you are trying to pigeon-hole too much if you are trying to describe a pensioner in too much of a narrow way, because there can be pensioners who have differing levels of pensions, and also pensioners who are newly starting to draw from their pension or pensioners who might have had been drawing on their pension for a lot of years.

Surely any pensioner would have to consider his investment timeline of 4-10 years or longer and also might need to focus on whether he is able to at least invest a minimum of 4 years, and the concept of fuck you status might not really apply so much for a pensioner, especially if the pensioner is already NOT working, since the idea of fuck you status is being able to discontinue working.. perhaps even before such a time that regular folks go into retirement status.. so a pensioner is largely already in retirement status, even though there still are going to be some pensioners who might still work and some of that extra work might be due to necessity and other might be as a form of optionality and not directly motivated by finances. even though presumably anyone who is working would be receiving money for the work.


Pensioners might already have a lot of experience investing.  It seems problematic to be considering pensioners as if they were just starting out, and another thing is that any part that they invest may well start to be drawn upon down the road, so maybe if a pensioner invests $50 per week into bitcoin for 4 years (which would be $20,800 invested), then maybe after 4 years or so, then maybe the pensioner will start to withdraw some amount from the pension . maybe if the amount had appreciated to $40k, then maybe the pensioner could start to withdraw at somewhere around $100 per week or some other amount that the pensioner believes to be a good supplement of his income... so then if he does not have any idea of when he might die, then maybe he could keep withdrawing at $100 per week for 10 years or longer.. which in part might depend on how well the BTC keeps its value and whether he is withdrawing at a sustainable rate... as i describe these ideas in my sustainable withdrawal thread.


There is a difference between starting from scratch versus if someone is already receiving or about to receive a pension.. so of course, at any point in time, a person can supplement their other kinds of income by investing into bitcoin. They do not need to exclude their other sources of income merely by choosing to supplement their income with their bitcoin investment that later down the road may well come in handy in terms of providing more options, whether someone is brand new to bitcoin and investment or even if the person may have already been investing int bitcoin and other things for many years, there could be decisions about whether to increase a bitcoin investment, which might even sometimes have options of rolling other investments into bitcoin which can come at various stages in life in terms if someone is already retired or perhaps nearing retirement.


You likely should want to try to be as aggressive as you are able to be without ever touching your BTC investment for 10 years or longer... so if you are more easily able to resist touching your BTC if you invest a smaller amount, then that is your choice.

There are so many people who are unable to resist touching their investment, and you seem to be that kind of a person, so you have to figure out a way to teach yourself how  to invest in a long time period without touching the investment and letting it build and grow.  Likely part of the solution is that when you invest, you also create an emergency fund that you never touch and then also establish reserves that you can touch and also a float which also is going to vary throughout the month.. so in the end you have to figure out way to maintain layers of protection so that your bitcoin is not serving as your emergency fund, and you are exercising responsible financial management that you likely are mostly using your reserves for any fluctuations and emergencies and you hardly ever would be touching your emergency fund absent a big emergency.. but if you prepare, you may well not even have to touch your emergency fund in an emergency because you would likely spend from your reserves first.. but of course, however you set up these funds and put them into practice is completely within your discretion and hopefully any amount you put into bitcoin can be stocked away, perhaps 10-15 years or longer. especially for guys like you who seem to be tempted to dip into your bitcoin investment way before it is even time to be dipping into it..

I basically wanted to understand here, start the investments at a small level and increase it slowly. But if one starts with big planning then it can be seen that sometimes he gets into any kind of problem. But as far as I have seen small investments play the most effective role in the long run. Because small investments are easier to make than large ones.

Most persons realise this so late that investing is such a fail safe if thigns go wrong, and an asset like bitcoin that is so easy to invest in and if not the best asset right now to invest in, IMO even if they don't start start early to invest in bitcoin and they could still reach a state of having a very good stash in bitcoin if they are consistent enough and have a huge income that would allow for good allocations maybe about 25% minimum since the are so late in cause an allocation like 10% isn't bad but to reach a considerable amount of bitcoin and stash they would need to go a little bit aggressive to meet up with the time they have left and such decisions of how aggressive a person close to retirement should go or is at retirement should go is still want I don't have well figured cause I don't know his numbers and how much he is able to give out to investing without having to later sell all his allocations even before he has reached his appointed time for allocations.

Sorry for my late response to your reply on this my comments with @neobanks. am glad you explained in detail for clarity. This analysis you have made is a clear and presise explanation that need not to ponder upon by marking it vigorous, cumbersome or contradictory. Anybody who take advantage of his accumulated emergency fund, by using or Investing it on bitcoin may surely end up selling it when emergency occur and may still sell his Bitcoin to get back the emergency fund. And one funny thing is that selling it is never the problem but it will open a way of frequent selling because your mind will always be there. One thing about human is that when ever they start something it becomes difficult to stop because their mind will always be there having that notion that I still have my profite on Bitcoin so I can sell at any given time and you may end up not having an emergency fund any more. Thats why it is good to set aside the emergency fund to avoid anything that will Leed to touching btc. Infact btc HODLing is not sorpos to to be even sold for any reason other than the expected time of harvest just like a farmer will plant a seed and allow it to germinate till time of harvest, if not matured, no need for harvest otherwise you harvest prematurely that is why we should totally avoid any thing that will make us sell when the time is not yet right.

At some point I was a little bit not clear but this last part of your post solved it all. The aspect I mean is the aspect of the emergency and reserved fund and the 3 to 6 months time frame of emergency fund. That is to say one may surely need to have a seperate fund set aside for emergency fund. The emergency fund may be accumulated withing the time time frame of 3,6, 7 or 8 months depending on individual differences, and after which the person may decide to work on reserved fund on a regular basis. The reserve fund functions as a multi porpos fund which can be used to invest on bitcoin and also used in replacement of used emergency fund just like a middle man between the both party. I really understand the concept.i was thinking emergency fund could serve as a reserve fund altogether but thanks for your clarity.