buy the dip and hodl combined with a dca and hodl both imply hodl hodl hodl hodl.
Not buy low sell high buy low (not very easy to do.)
you can setup a dip ladder easy peasy.
we were 55k today.
set
-10% 50500 5 units of fiat
-20% 44000 5 units of fiat
-30%. 38500 5 units of fiat
dca 1 unit 0f fiat per week to 2 weeks or month.
and you are done.
that setup is easy.
but hodl hodl hodl hodl not so easy.
No more complex than that which is above.
Topic: Buy the DIP, and HODL! - page 234. (Read 109010 times)
Investing in DCA method is simple method for all investors, and best method for long term holding. So the people who will hold bitcoins using this DCA strategy are basically the successful and original holding people. Especially the big whales who have been successful today are the ones who invested and held on for a long time since 2015 year and 2016 year. So hold bitcoins from now and hold long you too can succeed using this DCA strategy to become a big whale.
Yeah with DCA strategies one can secure a smooth accumulation of Bitcoin (expecially having good sources) that would help to make your DCAing frequently. Leading to one having a mature portfolio as time goes on (in long-term investment) but also one must have a good principles towards his investment, to be able to overcome the urge of wanting to withdraw their investment in a premature state due to temptation of seeing yah portfolio increasing.Buying even below this current price would have been a perfect opportunity to hold Bitcoin mean while a lot of topics and discussions has been addressed on the forum yet some people are still either procrastinating or keeping dead ears to begin the process. Seeing Bitcoin at this current price should not be a discouragement of missing out from the entry price, it's clearly another opportunity to hold Bitcoin, fascinating fact about using the DCA approach is it doesn't really bother at the purchasing price but rather how long intended to keep holding.
those that are still procastinating is their loss. Because is better to learn from others than to learn from experience and at the end, They would endup regretting, "saying had I known". There are lot of users that hasn't been quite long they Started accumulating Bitcoin and they keep on saying they didn't started on time. So what about those that haven't started at all that are still waiting for bitcoin to dip to a certain amount before thinking of accumulating, lol may be is when bitcoin would hit the price range of $100k+ before you would start your Bitcoin accumulation . The thing is that why not start now using the DCA method to be in a safer side buying in different price interval in even the dip. 
Investing in DCA method is simple method for all investors, and best method for long term holding. So the people who will hold bitcoins using this DCA strategy are basically the successful and original holding people. Especially the big whales who have been successful today are the ones who invested and held on for a long time since 2015 year and 2016 year. So hold bitcoins from now and hold long you too can succeed using this DCA strategy to become a big whale.
yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.
They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one.They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet.
Every thread is still not the same, even if there might be forum goals that members improve themselves, the goals of improving yourself may well be to stay the fuck on topic.. that helps you and it helps other members.
This thread does have a little bit of a problem because surely it emphasizes buying and holding, but also buying on the dip, so as soon as we try to time the dip, then there can be questions about whether that is like trading, so maybe part of the reason that DCA comes so much into this thread, even though it is not the topic of the thread, is because DCA is compared with buying on the dip as one of the accumulation methods, including suggesting that DCA is better than buying on the dip, even though not everyone is going to agree, it is way more on topic to talk about various BTC accumulation methods than to get into discussions of trading.. and then what would you expect this thread to be? all topics?
Probably the ONLY thread on the forum that permits more free-wheeling of topics is the Wall Observer thread... in that thread you can talk about most things.. except if you get into shitcoin pumping, then you are likely going to get a lot of pushback
This thread does have a little bit of a problem because surely it emphasizes buying and holding, but also buying on the dip, so as soon as we try to time the dip, then there can be questions about whether that is like trading, so maybe part of the reason that DCA comes so much into this thread, even though it is not the topic of the thread, is because DCA is compared with buying on the dip as one of the accumulation methods, including suggesting that DCA is better than buying on the dip, even though not everyone is going to agree, it is way more on topic to talk about various BTC accumulation methods than to get into discussions of trading.. and then what would you expect this thread to be? all topics?
Probably the ONLY thread on the forum that permits more free-wheeling of topics is the Wall Observer thread... in that thread you can talk about most things.. except if you get into shitcoin pumping, then you are likely going to get a lot of pushback
Trading would always be off topic in this thread cause its the exact opposite of what this thread is all about, Holding, trying to time the dip is just the same as trying to trade, such rules don't apply on here, cause it has been proven with facts so many time on this thread that you can't time the price cause bitcoin is unpredictable and volatile all we do is speculate what we think might happen.
I actually agree with you cause I myself have and still DCA, every one have different reasons for using DCA but I do use it cause I don't have to worry about the best time to buy since I'm always buying, and @Hewlet no one said buying on dip is bad but actually trying to time the market makes it sound like your trading cause your more focus now on the profit you would make on your Portfolio in a short term than thinking about accumulating for the long term hold
yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.
They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one.They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet.
yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.
They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one.They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet.
Because I don't see the need speculating when you are not ready to invest, normal as you speculating at same time try accumulating. To be in a safer side.
It's just for the sake of being curious and wanting to get into discussions about these prices. It's always been interesting if it's about that topic.Speculating on current price is actually for people who do daily trades and if they are planning to hodl then I guess much better they should avoid participating on any discussion like this since their decision making might be affected and they could done bad decision that can stop their plans and make them a loser in short span.
Bitcoin will surely surge soon that's why its really better for people to set up their DCA plans and stop doubting and start reacting so that no regrets will come on them if they see some good runs happening.
Expect other folks to only speculate since maybe they are not prepared yet and their knowledge is not enough that's why they can't decide for theirselves on what are best thing to do in some situations occur.
It's okay to participate to discussions but if it's for your sake and you're not really into it, you just read the thoughts and comments that might have some good things to pick. Bitcoin will surely surge soon that's why its really better for people to set up their DCA plans and stop doubting and start reacting so that no regrets will come on them if they see some good runs happening.
Expect other folks to only speculate since maybe they are not prepared yet and their knowledge is not enough that's why they can't decide for theirselves on what are best thing to do in some situations occur.
-snip-
Bitcoin is quite unique and still has so much potential in it. I stand to be corrected if I say we haven't really seen all there is in bitcoin. Bitcoin is limited in supply, where as good and real estate are not. This is why bitcoin will continue to give better ROI compared to the other investments you mentioned. With each passing day more and more people are coming into bitcoin investment. Those who invested $1k 10 years ago, have made their own profit and that's not important anymore. What's important now is making our own investment now and see what happens with the investment in 10 years time. We should be part of those who will among those who will say am grateful I invested in bitcoin in 10 years to come.Bitcoin's long-term potential is still very reasonable to expect, but you should not ignore the many risks involved. If you invest because other people are profiting from bitcoin, you are forgetting one thing; Bitcoin is a risky investment if you have no knowledge about it. I don't want someone asking me to invest on their behalf, I tend to give them the advice to learn on their own and start on their own at their own risk.
Becoming a holder for a period of 10 years is not mandatory for you at all. If you are able to survive that period of time then I hope your psychology will be fine when you see a new ATH in a few years, and let it pass without you taking advantage of it.
Speculating on current price is actually for people who do daily trades and if they are planning to hodl then I guess much better they should avoid participating on any discussion like this since their decision making might be affected and they could done bad decision that can stop their plans and make them a loser in short span.
Thier is nothing wrong if someone that's trading participate in this discussion. Isn't it possible that someone that was into trading and had been experiencing loses in the process might come through this conversation and have a rethink which will most likely make him shift to HOLDing his Bitcoin rather than doing a short term trading?The forum has rules around courtesy and attempting to stay on topic in the thread.
There are other threads that discuss trading.
Many times other topics can be related in a thread, but there should still be attempts to stay on topic, even if sometimes there might be other topics that come up that might relate to the main thread topic.
The whole essense of this discussion and the forum in general is basically to sharpen peoples perspective about making the right investment putting everything in the right perspective and I'm sure thier are lots of people that joined the discussion as traders but in the long run haven seen the advantages involved in accumulating for the long term have shifted Thier initial plan and are currently long term holders.
Every thread is still not the same, even if there might be forum goals that members improve themselves, the goals of improving yourself may well be to stay the fuck on topic.. that helps you and it helps other members.
This thread does have a little bit of a problem because surely it emphasizes buying and holding, but also buying on the dip, so as soon as we try to time the dip, then there can be questions about whether that is like trading, so maybe part of the reason that DCA comes so much into this thread, even though it is not the topic of the thread, is because DCA is compared with buying on the dip as one of the accumulation methods, including suggesting that DCA is better than buying on the dip, even though not everyone is going to agree, it is way more on topic to talk about various BTC accumulation methods than to get into discussions of trading.. and then what would you expect this thread to be? all topics?
Probably the ONLY thread on the forum that permits more free-wheeling of topics is the Wall Observer thread... in that thread you can talk about most things.. except if you get into shitcoin pumping, then you are likely going to get a lot of pushback.
Time does fly by fast, and there are some folks who end up dying before they are able to enjoy their fortunes, so there are a lot of personal trade offs, yet one really powerful thing about bitcoin does seem that it has had some abilities to move quite a few people (mostly the accumulators and HODLers) into a higher financial status than they would have had ever been able to achieve through various traditional investment methods, so in that regard, there is a lot of power in that kind of transfer of wealth, and even though the upside potential of bitcoin is likely reduced, it still retains a very strong investment thesis..
Yeah alot of folks endup losing their Bitcoin due to death and even due to misplacement of their security seed phrase. Before they even had the chance to feed from their fruit of their labour. Indeed bitcoin still remains a strong investment, I stumbled upon a post days back Here in this forum. A higher rank user posted a post about comparing the profit you would made from investing $1000 10 years ago in either Gold, real estate and Bitcoin. Well at first stated that due to Gold recent value if one invested $1k 10 yrs back he or she would endup around making 2× their invested funds that means their portfolio might be around 2000 USD. While those that consider real estate would might made a max. Of 10× to 15× in the last 10 years depending on their location and all that. But those that invested with $1k in Bitcoin 10 yrs ago may endup making about 350× profits. You can see the massive different of Bitcoin from others investment. To me bitcoin is one of the best investment (if not the best) because bitcoin as indeed change alot of people lives for the better, ( expecially the accumutors and holders just as sir JJG said.) Though most of us wasn't among those set of people then. But now still the time forus to be among those Bitcoin gonna change their lives for the better too. I know other invest are nice and all that but I would advise to focus on mainly on accumulating bitcoin first till you reach a certain state before thinking of diversifying. And please if i have said anything wrong in any chances please do so in correcting me.
Michael Saylor is in the news again with a new purchase of about 3,000 Bitcoins. Although he may have said something stupid that "Bitcoin doesn't need censorship-resistance", after two bull cycles he might be written in financial history books as one of the greatest prospectors like John D. Rockefeller when he invested heavily in the oil industry.
Follow what that man is doing from an investment viewpoint, Buy the DIP and HODL. We would be lucky to get bigger DIPs. Mean reversion is already happening, and around the current price might be where Bitcoin will be during the halving. Where will it be after the halving?
👀
Follow what that man is doing from an investment viewpoint, Buy the DIP and HODL. We would be lucky to get bigger DIPs. Mean reversion is already happening, and around the current price might be where Bitcoin will be during the halving. Where will it be after the halving?
👀
Bitcoin halving event are usually followed by a positive price increase as the result of the fact that halving lowers supply with fewer Bitcoin in circulation and increase demand and historically it has been so , there is a believe that Bitcoin will reach a new ATH six months after the halving. Although most time historical data can only become a quide and all crystal balls can become cloudy meaning that what happened in the past may or may not happen in the future.
Time does fly by fast, and there are some folks who end up dying before they are able to enjoy their fortunes, so there are a lot of personal trade offs, yet one really powerful thing about bitcoin does seem that it has had some abilities to move quite a few people (mostly the accumulators and HODLers) into a higher financial status than they would have had ever been able to achieve through various traditional investment methods, so in that regard, there is a lot of power in that kind of transfer of wealth, and even though the upside potential of bitcoin is likely reduced, it still retains a very strong investment thesis..
Yeah alot of folks endup losing their Bitcoin due to death and even due to misplacement of their security seed phrases Some time i do feel really bad on seeing that most investors do loss their Bitcoin. I wonder how people will not have taken good security measures especially when it has to do with with the world largest digital asset class Like Bitcoin, the loss can actually cause financial devastation, reducing supply and increasing demand and the value of the asset class such that those that hodl onto their investment becomes a beneficiary. Hodling is a very vital tool that secures Bitcoin investment which could serve as retirement benefits or as a generational wealth.
Michael Saylor is in the news again with a new purchase of about 3,000 Bitcoins. Although he may have said something stupid that "Bitcoin doesn't need censorship-resistance", after two bull cycles he might be written in financial history books as one of the greatest prospectors like John D. Rockefeller when he invested heavily in the oil industry.
Follow what that man is doing from an investment viewpoint, Buy the DIP and HODL. We would be lucky to get bigger DIPs. Mean reversion is already happening, and around the current price might be where Bitcoin will be during the halving. Where will it be after the halving?
👀
Follow what that man is doing from an investment viewpoint, Buy the DIP and HODL. We would be lucky to get bigger DIPs. Mean reversion is already happening, and around the current price might be where Bitcoin will be during the halving. Where will it be after the halving?
👀
.. even though surely some guys still seem to be looking for quick results, yet other guys seem to realize that it can take many years to build up a bitcoin portfolio, and we even have some members who have been in bitcoin at various lengths of time, and several of them are able to bring their own level of experience.. and even some of them might be saying that they have to start over because they either got caught up too much into shitcoins or that they had not been employing very consistent BTC accumulation practices.. .. and really, there should be no reason to get worried, even if you are just getting started in bitcoin accumulation in recent times.. and so in those kinds of cases, it might still take a while to learn that it is better to just get started rather than continuing to regret about earlier periods of either inaction or whimpy levels of BTC accumulation.
I may not care about quick results or quick profits because previously I had strengthened my mentality to invest in the long term or 10 years. Meanwhile, for those who determine their choice of direction in the near future, of course that is their decision, but I certainly won't do that. Of course some members are our seniors here, but apart from that, even though they are seniors, if the points they say are not constructive, we certainly won't take advice from them. So, for the most part, I think the arguments in this thread are quite useful and it depends on each person how they come to their conclusions.Actually it doesn't need to be that fast because bitcoin is not going anywhere, as long as you are able to maintain the accumulation of bitcoin then you will get a share of the profit percentage and the longer you are there, the growth of bitcoin will increase which means your profits will increase, I think we already know about how bitcoin has developed since 2010 until now, many people now feel regret because previously they did not move quickly to take the opportunity even though they already knew about the existence of bitcoin which has the potential to be used as a path to a more lucrative financial situation in the future, one of the reasons maybe they are too busy with various reasons for procrastination which ends in regret.
Halving is so close.
Even though our target is for long-term investment, we are of course waiting for the halving moment because it happens every 4 years. They would have made many achievements if they had invested early in Bitcoin because of every halving, of course they would have welcomed it with joy. The price issue is not something we want to talk about, but please know that this year's Bitcoin miners will get smaller rewards. from there, make the best possible use of the opportunity we have to keep buying and buying because there are only 21 million bitcoin. which will become increasingly rare because many are lost from circulation such as their owners passing away or they don't save their private key so they can't access their Btc holdings.
Obviously, experiencing each halving season, the scarcity of Bitcoin becomes more and more obvious, but many investors rarely pay attention to it, except for mining. I believe that this halving cycle will have a greater impact on the price of Bitcoin compared to previous periods when the demand for Bitcoin ETFs is increasing. Even though our target is for long-term investment, we are of course waiting for the halving moment because it happens every 4 years. They would have made many achievements if they had invested early in Bitcoin because of every halving, of course they would have welcomed it with joy. The price issue is not something we want to talk about, but please know that this year's Bitcoin miners will get smaller rewards. from there, make the best possible use of the opportunity we have to keep buying and buying because there are only 21 million bitcoin. which will become increasingly rare because many are lost from circulation such as their owners passing away or they don't save their private key so they can't access their Btc holdings.
Currently, most Bitcoin purchases are through OTC, but imagine when the amount of OTC Bitcoin is no longer available, forcing them to go to exchanges to buy. If they cannot ensure the amount of Bitcoin reserves, their fund may have to stop, so they must continue to buy Bitcoin for reserves. Therefore, in the near future we may not see a huge impact on prices, but I believe there will come a time when Bitcoin prices will truly explode more than we can imagine as demand increases high meanwhile supply is increasingly scarce.
Average unit price = $46.50.
Here Unit price become 5 categories DIP, middle and high but average price nearest of DIP. And this is the best strategy of DCA.
One of the beauty of investing in bitcoin and holding it (for long-term) . Is that you don't need much knowledge nor skills to start accumulating. To that of trading (because before thinking of trading there's alot knowledge required), But in holding you just need the basic knowledge then you can start your bitcoin accummulating Journey. Afterwards you can start learning way you could secure your asset and knowing the principal on how to secure and healthy Bitcoin investment.
Every job like this always requires basic knowledge so that someone knows where to start, even though trading and investing have fundamentally different knowledge. However, for these two things, I think the knowledge to hold for long-term investment will be easier for everyone to carry out than the knowledge of trading which basically has to start by getting to know assets and also getting to know the market and market charts which often change. Meanwhile, someone who wants to invest in the long term only needs to know the best assets and believe in them and be willing to make the decision to invest better in assets like Bitcoin.I totally agree with you on this, most investors don't know that it is actually paramount to put your security into consideration first before investing in any asset, expecially Bitcoin, you have to first of all think on how to preserve and protect it, before even acquiring it, so as not to run loss in one single act of ignorance.
Getting to know Bitcoin and learning how to secure it are two important things that must be studied simultaneously by everyone who wants to invest through Bitcoin after preparing other things such as capital and other basic knowledge. This means that the first two things should not be ignored by every investor because after knowing Bitcoin and believing in Bitcoin, it is appropriate for every investor to know how to secure it in their wallet for the long term so that it is not stolen by other people. I am very happy to see that Bitcoin market is starting to grow day by day because I have invested in Bitcoin in 2023. I have full confidence in it because of which I have never been disappointed after investing. I know Bitcoin is a valuable asset. I am very proud to invest in Bitcoin. I think I have bitcoins. So I haven't decided to sell these invested bitcoins yet. I thought I'll keep the invested bitcoins and think about selling them after a few years.
Hmm, pretty interesting, mate!I am also joyous to watch the Bitcoin raising because every Bitcoin enthusiast has a dream like you that the price of Bitcoin should be raised in the same way until halving, and as soon as the halving is done, the price should enter an extra stepped bull run. Honestly, I will be crazy if Bitcoin crosses $100,000 at the end of the year. I have also invested in Bitcoin like you and I hope it will make me a millionaire next year.
In the rest, brother, when Bitcoin crosses its $100,000, I will sell out 50% of my Bitcoin investment, make a profit book, and seek more investment opportunities to organize profit again.
The rest of you express your opinion about whether it will be better to sell out your investment in the bull market or not. Share your opposition with us.
Speculating on current price is actually for people who do daily trades and if they are planning to hodl then I guess much better they should avoid participating on any discussion like this since their decision making might be affected and they could done bad decision that can stop their plans and make them a loser in short span.
Thier is nothing wrong if someone that's trading participate in this discussion. Isn't it possible that someone that was into trading and had been experiencing loses in the process might come through this conversation and have a rethink which will most likely make him shift to HOLDing his Bitcoin rather than doing a short term trading?The whole essense of this discussion and the forum in general is basically to sharpen peoples perspective about making the right investment putting everything in the right perspective and I'm sure thier are lots of people that joined the discussion as traders but in the long run haven seen the advantages involved in accumulating for the long term have shifted Thier initial plan and are currently long term holders.
One of the beauty of investing in bitcoin and holding it (for long-term) . Is that you don't need much knowledge nor skills to start accumulating. To that of trading (because before thinking of trading there's alot knowledge required), But in holding you just need the basic knowledge then you can start your bitcoin accummulating Journey. Afterwards you can start learning way you could secure your asset by using non custodial wallet and knowing the principal on how to secure and healthy Bitcoin investment.
Investing in Bitcoin doesn't require as much knowledge and much skills as trading. If someone uses the DCA method to invest, he doesn't have to confuse it with the ups and downs of the price. He only needs to focus on the investment time to buy Bitcoin.In trading, he needs to learn many things, including analysis of the market. Learning about trading will not stop because the market is always moving. That needs time before someone can familiarize with using the indicator, and he needs always to learn to improve his skills.
Using the DCA method, someone can accumulate his Bitcoin by buying Bitcoin at any price, and that can lower his average buying price. Learning about securing Bitcoin is important because that is the way he can save Bitcoin in the right wallet to be a safe place.
By applying the strategy, an investor can accumulate bitcoins by reducing the average purchase price. Moreover, as buying opportunities are created at regular intervals, it is possible to reduce the volatility effect prevailing in the market to a large extent. Among investors who believe in the potential of Bitcoin for long term they are determined to collect their bitcoins through this strategy.
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