Topic: Buy the DIP, and HODL! - page 262. (Read 136255 times)

With bitcoin having a one basket is better. You may be thinking of how you can diversify your investment into others thinking that you are doing the right but trying to put yourself in trouble. So far as cryptocurrency is concerned I don't really believe in diversifying into other coins not just to let all my eggs not to be in the same basket, I prefer to have all my investment in bitcoin than to invest in coins that I'm not sure of because I know that altcoins are always not reliable.  
Bitcoin is the best cryptocurrency you can invest in and I don't see why one should think of other coins that are trying to imitate bitcoin as alternative investment. Diversify in cryptocurrency can also be seen as risk taking because the more baskets that you may be thinking of going into is even more risky than bitcoin.

On the slowly part, well Bitcoin has just dropped to around $57k. That’s to say, we really into the slow correction but, it’s not going to go below $50k speculatively after reviewing the chart.
There was a support level around the $60k price make and once broken, the market seemed to be ready for a down trend and based on the data available, we had a consolidation market about $50k price mark around mid March and this point set the pace for a pump. I think that would act as support and would be maintained in any eventuality but, here we are with another point to take our buys as, the coin really is in its low right now for the most that depends on that for a buy.

someone is 20 years late if he only has 1 source of income now, there are many ways to make money now as long as you are willing to work hard for it, i myself have an investment in bitcoin which i have been doing for the last few years, although not consistently but every several months i continued to buy and sell the bitcoin that i had, as a result my portfolio rose 30% ^{(plus my payment in the signature campaign)} since i first decided to invest in bitcoin.

apart from investing in Bitcoin, i also diversify my investment in several assets, such as gold and property, but i plan to sell several percent of my gold investment to buy Bitcoin.  Actually, diversifying investment is quite challenging, especially when the assets we own move quite wildly.  Don't put all your money in 1 basket, this is what i remember.

DCA strategy is now going to be a chance to buy more BTC at dips prices, which is an advanced ideal investment for every investors. Those who are staying a level of maintenance of their holdings. Even those who take a chance to accumulate BTC through DCA and further increase the accumulated amount. Be strategic to increase and hold bitcoins as expected. Continue stasking for a long time until the desired circle is filled. If you are freely accumulating aggressively then panic will not work because you are in the DCA method and continuing. Let it happen before its prices and the final time come and more than the skyrocket thoughts.

I see the DIP as an opportunity and advantage to accumulate more Bitcoin in your portfolio and hodl for a longer time.
The DIP is actually an opportunity most investor has been waiting for, right now I belive most investors that purchase Bitcoin at a higher price will be panicking and mumuring while those that understand the movement of Bitcoin as a potential coin that can skyrocket at anytime will use this opportunity to purchase more Bitcoin to there portfolio and HODL.

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

You are right that this is a good opportunity to accumulate bitcoin because the price is low at the moment, but we should be careful how we use the word aggressive so that those who are new to bitcoin investment do not aggressively buy bitcoin with all their money. Since I'm accumulating bitcoin for the long term and will not be selling it in the coming bull market, I will stick to my DCA strategy so that I will be able to solve my unforeseen problems whenever they arise. But that doesn't stop the investors, who have enough liquidity, from seizing this opportunity and purchasing more bitcoin at a low price.

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be aggressive as you can so that when the bull run begins you will also smile and testify Like others.



Yeah that's true , but we can't actually tell if the dip may continue and all that . But the right thing to do now is to take action and keep accumulating because anything can happen anytime 

Dipppp this is what most of us as been waiting for this is an glorious opportunity to purchase or Stash more Bitcoin in yah portfolio and HODL,  by now alot of folks will be in the state of panicking which won't do any good . While those of us that understand Bitcoin and it's potential will take grab this opportunity to buy more expecially those no coiners and low coiners, this is the time to increase the rate of your accumulation, be as aggressive as you can so that when the bull run begins you will also smile and testify Like others.

On the slowly part, well Bitcoin has just dropped to around $57k. That’s to say, we really into the slow correction but, it’s not going to go below $50k speculatively after reviewing the chart.
There was a support level around the $60k price make and once broken, the market seemed to be ready for a down trend and based on the data available, we had a consolidation market about $50k price mark around mid March and this point set the pace for a pump. I think that would act as support and would be maintained in any eventuality but, here we are with another point to take our buys as, the coin really is in its low right now for the most that depends on that for a buy.

I agree with you that there is no need to diversify into investing in altcoins after we have accumulated the quantity of bitcoin we want to hold for the long term. Instead, we should invest our money in a real-life business such as real estate or selling commodities so that we will not depend on our bitcoin investment to survive, and the real-life business will assist us in holding our bitcoin portfolio for the expected year we want to hold it.

So it's that time again, the price of Bitcoin goes below $60k as per cmc, 



As far as diversifying in crypto? I don't think it's advisable, just focus on BTC and I think it will be not as stressful as having shitcoins or meme coins in your portfolio as we all know that those are really hard to hold and obviously can be used for pump-and-dump scheme and you don't want to be a victim. Nothing against those who invest on them, but you should know what you are doing, so that you can mitigate the risk.

I think it is still happening slowly.

For those who invest in Bitcoin, I'm sure they don't care about the current price correction, hasn't it been proven for a long time that Bitcoin prices are always able to recover and even always soar higher.
I see that the correction that is occurring is the impact of the recent halving and will increase drastically in the next few months. I am quite optimistic about this so there is not the slightest panic about what is happening now.

So it's that time again, the price of Bitcoin goes below $60k as per cmc, 



As far as diversifying in crypto? I don't think it's advisable, just focus on BTC and I think it will be not as stressful as having shitcoins or meme coins in your portfolio as we all know that those are really hard to hold and obviously can be used for pump-and-dump scheme and you don't want to be a victim. Nothing against those who invest on them, but you should know what you are doing, so that you can mitigate the risk.

But if you only invest on Bitcoin, it's not that complicated, DCA, accumulate as much as you can, stack sats just like today as the price is going down, continue and have patience and wait till we reach the top next year. And if you wanted to take profits then sell, if not they continue what you are doing in the next cycle, rinse and repeat. You can sleep at night without worrying of your investment.

So it's that time again, the price of Bitcoin goes below $60k as per cmc, 



As far as diversifying in crypto? I don't think it's advisable, just focus on BTC and I think it will be not as stressful as having shitcoins or meme coins in your portfolio as we all know that those are really hard to hold and obviously can be used for pump-and-dump scheme and you don't want to be a victim. Nothing against those who invest on them, but you should know what you are doing, so that you can mitigate the risk.

But if you only invest on Bitcoin, it's not that complicated, DCA, accumulate as much as you can, stack sats just like today as the price is going down, continue and have patience and wait till we reach the top next year. And if you wanted to take profits then sell, if not they continue what you are doing in the next cycle, rinse and repeat. You can sleep at night without worrying of your investment.

So it's that time again, the price of Bitcoin goes below $60k as per cmc, 

As far as diversifying in crypto? I don't think it's advisable, just focus on BTC and I think it will be not as stressful as having shitcoins or meme coins in your portfolio as we all know that those are really hard to hold and obviously can be used for pump-and-dump scheme and you don't want to be a victim. Nothing against those who invest on them, but you should know what you are doing, so that you can mitigate the risk.

But if you only invest on Bitcoin, it's not that complicated, DCA, accumulate as much as you can, stack sats just like today as the price is going down, continue and have patience and wait till we reach the top next year. And if you wanted to take profits then sell, if not they continue what you are doing in the next cycle, rinse and repeat. You can sleep at night without worrying of your investment.

OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.

¯\_(ツ)_/¯

So it's that time again, the price of Bitcoin goes below $60k as per cmc, 



As far as diversifying in crypto? I don't think it's advisable, just focus on BTC and I think it will be not as stressful as having shitcoins or meme coins in your portfolio as we all know that those are really hard to hold and obviously can be used for pump-and-dump scheme and you don't want to be a victim. Nothing against those who invest on them, but you should know what you are doing, so that you can mitigate the risk.

But if you only invest on Bitcoin, it's not that complicated, DCA, accumulate as much as you can, stack sats just like today as the price is going down, continue and have patience and wait till we reach the top next year. And if you wanted to take profits then sell, if not they continue what you are doing in the next cycle, rinse and repeat. You can sleep at night without worrying of your investment.

I think you really didn't get his point, he's advising against selling off your investments totally after the supposed 10 years and proposing means to remain an investor. From my understanding, he's advising for worst case scenarios, maybe you're out of funds and want to sell off to maintain your living and his advise is simple. Instead of selling off, you should just take some part of your gains and invest it wisely so that his investments can continue taking care of him while he maintains his investments in bitcoin and works on increasing his portfolio continually while solving his problems with his diversified investments. This is better instead of preying on your investment to satisfy your needs after 10 years.

I think you didn't do your researches very well before saying this. I do a little agriculture in my country. I plant potatoes and cassava. Potatoes is harvested within 4 months and some cassava stems are harvested within 3 months, 6 months or 8 months depending on what you got. When done well, I get 150% ROI at least quarterly. I'm sure of diversification in agriculture because I currently practice it. So there are businesses that are very profitable and are worth using as means of diversification  for problem solving and emergency response purposes while still holding profitably.