Topic: Buy the DIP, and HODL! - page 265. (Read 123873 times)

funny enough, those that could not buy last week because of excuses will not still buy now that Bitcoin price is down by $10k. It has never been about how well you time the market before buying, it is more about setting how you want to be buying on a regular bases and remaining with that strategy. Early this year, Bitcoin was at a serious dip and was down by at least $30k compared to the $72k it got to some days back and somany persons didn't buy and I guess they are still waiting for Bitcoin to drop back to $30k before buying.

This is one advantage of buying with the DCA methord. Even though you buy by January when Bitcoin was around   $40 and  February when it went too high to $62k and also at the new ATH when it went to $73k, if you continue with this trend foe the next ten years, you will still be in good profit because when you've finally taken the average at the end of the ten year interval, you will still be in profit because a new ATH would obviously emerge and the value of bitcoin at the time would have have double it curent worth possibly.

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

DCA method creates many benefits for investment for those who are new or old in the market. DCA is a safe method especially for those who are new and less experienced in the investment sector. Even if the newbie doesn't understand the market continuity from the beginning, using only one coin like Bitcoin DCA method will not harm his investment journey. Investing in the DCA system can become a threat if one's personal needs and family needs are compromised. It is important to have an additional income stream to keep the DCA system going so that both personal life and investment streams continue.

Investing in DCA method will make our investment much easier if we have a fixed source of income. Because when we invest with any money but we have to hold it ie we have to deposit that money. Even if we want to but we can't withdraw that money because we have already invested in Bitcoin if we withdraw that investment money then our investment journey will not be successful. For this we need to have a separate source of income from which we can use money for our necessary expenses.And we need to make a plan so that we can invest a certain amount of money in bitcoins on a monthly basis.

as much as we know that the quantity of our starched bitcoin determines how profitable our investment is, the decision to allocate up to 20% of our earnings or above is totally dependent on individual bases. There are people that are very stable financially and probably have double streams of income, they can decide to invest as high as 40% to 50% of thier monthly profit and if they can still do well in their business and personal life after allocating such portion of thier profit into Bitcoin investments, then making such decision will be to thier advantage. But for the context of this thread that brings together new investors that are still skeptical about a lot of things and might probably want to start off their DCA methord with an amount that's convenient for them, 10% isn't a bad start. old investors that can go as high as 40% because of thier level of belief and financial strength are still right on track. it's necessary we always create a balance between individuals level of knowledge and level of financial strength so everyone will stick with what applies well for them and not end up gambling with his investment.

The thing is to be flexible enough to know when you've grown past certain level and that's when the need to increase your quantity of starched Bitcoin becomes a necessity. For those that are already in the Bitcoin ecosystem for a while, no one needs to educate them regarding the relationship between the quantity of there starch Bitcoin and the amount of profit they intend to get out of their investment so putting in additional effort to increase the percentage allocation to our DCA routine is actually the right way to go.

That's right, I agree with that method. To start DCA it is not necessary to have a fixed income - if someone has an income only once in a while, if he is good at managing his finances, he can set aside a part of his income to be able to carry out DCA for some time. Even though this is quite difficult for some people, if the person is consistent and able to manage their finances well, it shouldn't be a problem for them.

The importance of healthy living can not be overemphasize, because nothing absolutely can be compared with our healthy living and it is part that leads to a happy and fulfilled life. In as much keeping up with our investment is important it is also essential in investing in our health as a case of necessity which it's enormous benefits are too numerous to mention in all ramifications of life let alone towards investment. Health is wealth and not prioritizing taking care of your health can lead to lack of that physical and mental abilities that is needed to grow your asset. A man who is saving up to build a mansion an and forgot to take care of his health may not live  to see the fulfilment of his dreams. It is best learning from other people mistakes.

Am sorry for your friend departure, but one thing I will like to say is that btc investment should not deprive anybody from taken good care of him or her self. You know people always misinterprete things and do things there own way , not knowing they are putting more problem to themselves.  Anybody who knows the concept of bitcoin Investment should have known buy now that Bitcoin investmet should be done in such a manner that It would not affect you physically, psychologically, emotional, health and otherwise. On several occasions when people tend to do there investmet plan by assuming to invest %50 or %40 of there investment @JJG always make reference of investing as low as %10 or %5 of there investment in other no to deprive themselves of there privacy and and family expenses or even touching there emergency fund. I believe if you friend was able to have participated in this thread or you changed his orientation on his investment strategy maybe he wouldn't have been death. What he lacks was Orientation on investment plan.

Thee is what they called self orientation. And this self orientation of an individual may end up misleading the person thinking it's the best life principle not knowing it is just a path way to quick ending. There was also a related story of someone who was working and saving money but not properly taken care of his body because he was saving money for an important thing, not knowing his life is more important than any other thing. But due to his ignorant of not taking proper care of him self, he had complications of malnutrition and lacks blood and other things which led to his total breakdown. He was forced to spend his entire savings to quick up his recovery in the hospital. After then he was alive but has no fund. So my advice to anyone is to take proper care of him/herself because if anything happens to you out of not talking proper care of yourself it might Leed to death or a serious problem that may eat up your entire bitcoin holding. There is an addage in my dialect which says" enwhe kuwa iri Dia ya onu kabu nka" meaning that monkey says the food he has in its mouth is not his own, a hunter may end his life at anytime but the one in his stomach is his own. So the good health we have is our health even as we HODL let's take care of ourselves.

We all know that to get the best at Bitcoin an investor need to have a long term view in mind right from the beginning, because as early you start being aggressive in your Bitcoin investment the better and also because at that point the price of Bitcoin is low and that way you get in at an advantageous time that put you on profits, but also I guess the 10% allocation is too small to set the investors out to reach retirement stage and earlier time.


Many times some of the newbie's investor mistake Bitcoin investment to be like some form of scheme that offers big short terms profits regardless of how much the Bitcoin holding is, I guess a big bag holder can easily get a quick return but not someone that is setting aside just 10% to 20% of his monthly income into Bitcoin.

well you're actually right, i don't actually want price of Bitcoin to go up fast, because I haven't gotten enough or good quantities yet. Because if bitcoin price began to increase fast it would be difficult to accumulate much quantity in your portfolio. Like  for instance some one with the DCAing amount of $50 weekly , when the price was still in the price range of $30k , such individual would be able to purchase 0.00166 BTC with his $50 weekly . But now the price around $60k and such individual purchase is weekly DCAing with that same price which is $50 he or she would be able to purchase 0.000833 BTC weekly and that how the quantity (of Bitcoin accumulating by that same user with that same amount ($50) ) would keep reducing as bitcoin price keep increasing make it inversely proportional.

exactly, that why one have to invest according to his financial capability, without over doing it to an extent, of it affecting our regular life style . That why I always but this to Mind whenever any users mentioned that your bitcoin accummulation should be around the range of 4-10 years, I know it might be long but it would give one enough time to keep accumulating bitcoin without over doing it, limiting one self from his regular life style activities. Because alot of users at there lack a proper planning that would lead to them using alot of percentage of their income to accumulate more bitcoin limiting themselves from their regular life activities in order to meet a certain goal of accumulating bitcoin pretty fast without knowing it come with alot of causes . That most users here always advice to always Share your funds using percentage. Some percentage for accumulating bitcoin, while some for emergency funds (which should be an priority) allocating most of the percentage in your emergency funds.

Don't get me wrong, I am not even recommending that guys have such short investment time horizons as 4-10 years, and that is why I phrase my suggestion that getting into bitcoin should have a 4-10 year or longer time horizon, and the fact of the matter is that I consider 4 years to be minimum in terms of people who might have reasons that they might not be able to commit for longer, such as if they are elderly or have health conditions or they expect that they could start to have cashflow issues in and around that kind of a timeline.

I am just trying to be flexible in the way that I phrase these kinds of matters, yet guys who are brand new to investing, and if they are ONLY able to save/invest 10% of their income (and they have no other assets that they can move over into bitcoin), then they are likely going to have to plan to invest way longer than 10 years, and maybe 20-40 years - even though it is really hard to plan that far out, yet if someone is ONLY investing 10% of his income per year, then it is going to take 10 years for him to have had invested a whole year's of income into bitcoin, and sure it is possible that bitcoin way outperforms all other assets to increase the value of his investment, but he still has a problem of perhaps putting such small value into bitcoin in the early years that he is not really as advantaged by the BTC price going up, unless he can get more value in earlier and then he would be able to profit if BTC went shooting way up.

At the same time, I am not advocating overallocating to such a level (or front loading to such a level) that the person devolves into gambling, so the fact to the matter is that the guy is best off to invest as aggressively as he can without overdoing it and without engaging in leverage and figure out strategies to be aggressive, and so then let the investment work for him and the passage of time, and if he invests in reasonable ways, he might get lucky in such ways as to be able to cut back the reaching of a normal retirement (or fuck you status) in 30-40 years and to cut that down in half into something like 15-20 years.

Of course, a guy that comes to bitcoin with more resources, may well not have to wait so long as to get his bitcoin stash to work for him because he is able to lump sum, front load and reallocate from other assets, currencies and/or investments that he might have.... but guys still have to work with the cards that they have, and if they are real young, they are not necessarily disadvantaged, because a 50 year old guy might prefer to be somewhat broke and in his early 20s rather than being 50 years old - especially in terms of knowing about bitcoin as an investment and being able to see who bitcoin plays out in society, not only on a personal well being level but society wide over a lifetime.


Yep.. not only the power of compounding, but the power of conviction and the power of continuing to put value into the investment, which likely triggers an additional 4-10 year investment timeline for any new cash that is injected into the investment... yet at some point there will start to be enough value in the stash that there will either be some satisfaction that there is enough bitcoin in there or that some other strategies, beyond just BTC accumulation becomes part of the goal... and there can be some irony that the number of bitcoin that is needed in the future is likely going to continue to be a lot less than the number of bitcoin that is needed to day to reach a similar level of prosperity and the creation of options.


Well, there are likely stages to a lot of this, and there may well be stages after a guy starts to have enough BTC that he either shaves off some of his BTC to be able to diversify his wealth and/or his holdings, and there also might be stages in which a guy is able to greatly start to increase his consumption and/or to raise his standard of living.

No one can really say how to balance these trade offs between investing into bitcoin, investing in other things, and/or consumption. .and surely there can be kinds of consumptions that relate to basic needs and then there can be kinds of consumption that are more extravagant and showy.   And maybe some of the items cross over, such as the buying of more quality goods and services that may cost a lot more, but improve living comforts and even health... to buy better quality foods and maybe buy periods of relaxation, without necessarily having to worry about costs.  Sometimes it can also improve living standards to higher someone to help you with certain tasks, and that may help the other person out too, in order that the person can get paid.


Having an ATH prior to the halvening is not a break in the 4-year cycle.

Yeah there is a lot of demand right now on bitcoin due to the new buy channels that are opened up through the ETFs, so that might contribute towards the price going higher than expected in a short period of time, yet at the same time, there can be all kinds of explanations for why the BTC price is going higher now, including theories that the earlier cycle was cut short due to a lot of the corruption in the space and also the China government's apparent battle with kicking miners out of their country.


Fuck crypto.  We are talking about bitcoin here.

Otherwise if you meant to say bitcoin but you slipped, then you need to start to think about these matters more clearly and say what you mean, because crypto does not mean anything hardly, unless you clarify what you are talking about in relation to bitcoin.

Otherwise, in regards to your other points about various consecutive pumps and ongoing reasons for bitcoin to pump in 2024, yes they seem to exist for a variety of reasons... and at least 1) pressures from the ETF sales and extra buying that will come through those channels, 2) the halvening, 3) ongoing debasement of the dollar and other fiat currencies and 4) perhaps some other reasons that might not be so clearly outlined in advance.. but just related to ongoing strengthening of the various bitcoin network effects (referring to the 7 outlined by Trace Mayer)


If someone is investing for the longer term, then he is likely going to be investing at least a couple of cycles, unless he is able to lump sum in, and then he might have a different agenda.

But even a guy who might have lump sum invested (or front-loaded) his investment somewhere towards the top of the 2021 cycle, he still would have had been able to do fine as long as he held on to his original investment, and just continued to buy throughout the whole period, and we can look at various scenarios to point out how such a persistent and consistent guy would have had performed at this time, and perhaps the ones who might have had the worst time would be the ones who sold on the way down and might not have figured out when or if to get back in or if they just sat on their hands the whole time and they are just eager to sell right now or at a profit, and so it is difficult to have sympathy for those kinds of guys who bought high and lacked enough conviction to continue to buy during the 2022 and 2023 periods in which the BTC price was way below a lot of the 2021 prices.

Those kinds of guys (and whiners) exist, yet personally, I have little sympathy for them, and I have no reason to suggest that they were doing anything prudent in the way that they played their bitcoin investment without having enough conviction to keep buying through 2022 and 2023..

Regarding time horizon, everyone is going to have his own investment time horizon that might already have to do with how much of an investment that he had already built up prior to coming into bitcoin.  But anyone who is brand new to bitcoin and/or brand new to investing, should be able to come to bitcoin thinking about investing 4-10 years or more, and frequently it will take them 10 years or more just to get their financial and psychological shit together . .as well as building up their investment nestegg.. especially if they are new to investing.. so if they are new to investing they might have no (reasonable) abilities to front-load their investment (and so they are ONLY stuck with DCA and various more modest tactics of building their BTC investment and also building other solid elements around their own personal finances),

especially if they might ONLY be investing $100 per week or even $10 per week for some guys who might be getting started from poorer areas of the world.  so it could take a while to build an investment portfolio at that rate.  So the guy investing $10 per week would only have invested $520 after a year and $5,200 after 10 years, yet the guy investing $100 per week would have 10x that amount, and a lot of these numbers end up relating back to their own financial needs in terms of how much they need to build up in order to perhaps later be able to either live off of their BTC or to be able to otherwise profit from their BTC investment to have it supplement their needs at some later time down the road.


Your way of framing the matter sounds strange to me because part of the idea of entering into a phase of sustainable withdraw is that you are measuring your overall BTC portfolio size and you are assessing the dollar value of it in terms of the 200-WMA so that you can figure out if you have enough to be able to start a withdrawal practice that mostly involves holding your BTC but shaving off small amounts periodically, whether you shave off monthly, quarterly, twice a year, annually or every couple of years.. or some other increment that makes sense. 

you value it based on the 200-WMA (which is the bottom price), yet of course, you are making any sales at spot price and maybe even selling way above the 200-WMA.  Your costs per BTC would not really be very relevant, even though presumptively,  you are selling in profits, but if you have enough BTC and you have a certain formula for selling, as I describe in my sustainable withdrawal thread, then you might not give any shits about whether you are in profits or not or how much you are in profits, but you already meet the criteria for being able to shave off in accordance with the parameters of how much you have an dhow much you expect it to continue to grow so that any amount that you are shaving off is likely going to not significantly impact the overall value of the investment.

We are getting too much off topic in going down this line anyhow.. because this thread is about accumulation rather than about selling... and I am more than open to discuss these ideas in my sustainable withdrawal thread, yet you might have to think it through a bit anyhow, because you have to get to a state of sufficiently accumulating in your quantity of BTC before it even starts to make sense to begin to employ various withdrawal and/or raking strategies.


You just described the direct opposite of what I said and what the BTC price shows.  The BTC spot price is almost never below the 200-WMA, except between mid-2022 and about October 2023, it spent quite a bit of time below the 200-WMA.. which largely shows that it was a bargain to be buying BTC during that period.


If the BTC spot price starts getting close to the 200-WMA, then that will likely mean that the 200-WMA is not going to go up as fast and those might be periods to sell fewer BTC (if we are talking about sustainable withdrawal) and maybe even times to buy more BTC if we are in our BTC accumulation stages, and yeah it has tended to take a whole cycle before the BTC price gets back down to the 200-WMA.. and so right now we are more than 2x higher than the 200-WMA, but in 2021 we were 5-6x higher in early 2021 and around 3x higher in late 2021, and in late 2017 the BTC price had gotten around 14x higher than the 200-WMA.  You can see the numbers through the sustainable withdrawal tool and putting in various dates.


Yeah.. play around with it.  There is a part that looks at the present, and you can also back test results with the simulator... so you want to attempt to get value out of the tool, then make sure you work the date of the simulator or even back test your stash size (or hypothetical stash size) in accordance with a dollar value that is based on the 200-WMA and not just looking at the BTC spot price.


There is no long term investing in cryptocurrencies.  Fuck shitcoins.  No one should even try to invest in them in the long term. 

Now if you meant to say bitcoin instead of using the term cryptocurrency, then why didn't you just say it?  Are you trying to sound smart by using a meaningless, vague and misleading term.  Hopefully none of us are investing in cryptocurrencies in the long term.  That would be retarded.


It is difficult to predict the short term, but of course, right now there are a lot of ongoing upwards pressures on the BTC price, due to a lot of the demand that is coming from the BTC spot ETFs and perhaps others who are also buying in relation to the data that is showing a lot of ongoing BTC buying happening through the BTC spot ETFs. 

There seem to be decently good chances that BTC prices will reach $80k and even $100k prior to the halvening, yet at the same time, none of us know, and if we are not trading and if we are still accumulating BTC, then we might prefer that the BTC price does not go up as fast, so that we can buy more BTC... So yeah, guys have to choose how much BTC to buy and to continue to buy and the dilemma is not necessarily going to get any better because there might still continue to be logic to continue to buy, and some uncertainties regarding whether dips will continue to happen or to come down to the level of current prices at a later date.

Why are you asking such question?  Are you planning to sell in the short term?  Have you already been accumulating BTC? You are pretty new to the forum (only here since late September 2023), so are you newly accumulating BTC or have you been buying BTC for a while prior to your forum registration?  Of course, many of us in this thread suggest that guys who do not have any BTC should start buying to at least have some to prepare for up, so hopefully you have some BTC rather than just watching the price continuing to go up.


That is a good point. We have to make sure that we invest into bitcoin with our time, energy and value in an amount that still allows us to experience our regular life, too, and yeah, to take care of our body and our mind as part of our routine (or our daily practices that have a decent diet, a sufficient amount of sleep and some exercise and/or other activities).

In a nutshell, have some savings for emergencies than keep applying a DCA strategy forgetting that situations can turn around making you forget other life importance matters to take care of your health by exercising, eating healthy, drinking enough water, having more rest and have a regular 3 months intervals of hospital checkup of the body system.

I am giving this advice because one health comes first and it should be taken care of. I lost a friend in the cold hands of death because he failed to take care of health. His mind is always investing in bitcoin with the little money he regularly gets from his workplace, making him forget that his body system needs to rest and to be taken care of.

Indeed, this problem always occurs to those who are just starting out. Especially beginners because they are not based on sufficient knowledge and do not look at their financial situation because this is the most important factor in the investment journey, especially for DCA.
However, this is a place for them to learn, understand and read about what they need in their strategy and also what they need to improve. Investing requires good funding so that everything runs well, and if finances do not support it then they should look for a side job or side income to support their strategy. The goal is to be able to meet their basic needs and also have emergency funds without having to sacrifice the investment they have built when they really need it, and this is a problem for those who end up selling at a loss. Investing is actually very easy, especially if you follow the DCA strategy because you don't have the ability to buy large amounts and hold them for the long term, and DCA is the best solution for those of us who have limited finances because with this we can buy regularly, either weekly or monthly. However, it must be supported by what I mentioned above, do it seriously and consistently so that in the future we can achieve good results.

your right Everyone's investment strategy is different, as you said, if we want to invest long-term in Bitcoin we need to understand its four year cycle, i.e. Halving.  By understanding this cycle, we can make long term investment and now the price of bitcoin is around 68k I remember two years ago when there was a correction in bitcoin then bitcoin went up to 15k if there  If we do some analysis and understand this cycle like you said, I think that was the biggest opportunity to invest in bitcoin. I think bitcoin will go to 80k before the healing.  What is your opinion on this?

It's true that bitcoin has a certain degree of cyclicality, and much of that appears to be related to the halving. The fact that the reward for mining bitcoin gets cut in half every four years has a big impact on the market. Some say that the so-called "halving cycle" is responsible for some of the most extreme bull and bear markets.
Although the halving appears to be the most significant element responsible for some of the largest bull and bear markets, But there are still a few other factors that may influence the bitcoin price cycle.

For example, there's the idea of the "stock-to-flow" ratio, which is a measure of how scarce bitcoin is relative to how much is in circulation. This ratio tends to increase after the halving, which can have an impact on price. There's also the "bull market top" indicator, which is based on the idea that the price of bitcoin tends to peak about a year after the halving. These are just a few examples of other theories that try to explain the bitcoin price cycle.

One of the worse mistakes most Bitcoin investors make is trying to time the market, rather than going ahead to buy, they decide to wait for when they believe to be the right time, which is when the price of Bitcoin drops, then they go ahead to buy. This is an approach for novice investors. Honestly, when I first began my Bitcoin journey, the idea and approach I began with was to wait for the price of Bitcoin to drop to a certain level then I go ahead to buy and wait for the price to go up again so I can take out my profits and then wait for another dip which I saw as an opportunity to invest.
But along the line, when I learned about DCA approach, I realized at that point that I wasn't really investing in Bitcoin, but Gambling with my money all these while, because I was chasing after the short-term gain that Bitcoin has to offer which was/is in no sense compared to the long-term benefits associated with Bitcoin investment.
And ever since I started using the DCA technique, I've not only observed that it's a more better and safer approach but I also noticed that DCA has helped to eliminate the mental stress associated with trading and now my investment isn't affected by sudden market fluctuations.



Many Bitcoin investors struggle to understand the difference between short-term and long-term since it is not as obvious as it appears. In traditional investing, long-term is frequently defined as a few years, but in the world of cryptocurrency, this is not the case. One approach to figure out the differences is to consider the objectives of each form of investment. Short-term investing is typically about making immediate profits, but long-term investing is primarily about building wealth over time. As a result, each technique requires a distinct attitude.


You have a good point there. Even though buying the dip can appear to be a good strategy towards accumulating Bitcoin, we still shouldn't be adamant about the fact that timing the market or waiting for a dip before you buy Bitcoin is only a good strategy if your goals towards Bitcoin investment are short-term, when used for long-term goals, buying the dip wouldn't be as helpful as it appears to look, it would only end up looking like an over hyped or over exaggerated strategy due to its ineffectiveness.

Considering and having a diverse range of strategies as well as a solid financial foundation could be be even more effective when focusing on the long-term. Also, having multiple sources of incomes can also be a huge help, especially during a bear market. Also having an emergency fund would also appear to be really helpful because it will help you avoid the temptations of running to your investment whenever you have financial needs or an emergency.

Correct me if I am wrong. For this to be true, it is mandatory that you have carefully gathered your Bitcoin in DCA manner or in a way that your average price is low compared to spot value (0r 200 WMA) i.e. the value at which you want to sell.


You are right that from mid 2022 to late 2023 200-WMA is above Bitcoin price. Apart from that period, most of the time 200 WMA is below Bitcoin price. So we can safely assume that if we are taking 200-WMA is reference then most time its below Bitcoin price. With 200-WMA one can easily figure out how much room he has for withdrawal. 


https://bitcoindata.science/withdrawal-strategy this is a great tool developed by bitmover. Just enter your Bitcoin stash size and you will get to know the authorized BTC withdrawal. I will play more with this tool more to get more info about its working.

I think investors or holders would have been more better to use , because traders are those that normally buy or trade with their Bitcoin for short-term profit , either with spot or the use of leverages so using trader in the place of long-term holding just somehow.  But still you are right we should not be bothered of such minor dip as an long-term holders. Is actually a good time to keep the DCAing going while is still early, so if it by any chances dip further there's reason we have a strategy called "buying the dip " .

But now some traders would be panicky because they have no aim towards long term holding, and  am pretty sure alot have sold theirs in loss due to not wanting their money to get stock, while some emotions are being put to test, while those who are holding for long with the belief that Bitcoin would keep growing as time goes , so such minor dip won't concerned them . But the that would be of most concern to them is how to accumulate more bitcoin in their portfolio.

You are misunderstanding trading with investing. For one to be able to keep his investment for up to 4-10yrs and above with increasing his bitcoin portfolio size regularly through DCA mixed with lump sum, or buy at the dip is known as hodli, and that means investment. This is because you are not after short-term profit,  but rather you are allowing your investment to grow over a long period of time so that it can be profitable due to the capital and profit generating new profits.

When someone buys bitcoin and plan to sell whenever there is a price higher than his entry point, or too soon because of little profit, he is a trader. That person will not benefit from the compounding value of bitcoin which is the highest of all profits, and that is why it is advised to invest in bitcoin, grow your investment through DCA regularly, amd hodli for a long period of time so that you can be proud of yourself for sacrificing and building your bitcoin investment, because bitcoin price increases with time-line, and it is the size of your bitcoin portfolio that determines your profit.

Before and after halving, the price pattern of Bitcoin usually changes as the statistics of the past years say so.In this situation, many investors seem to be giving more importance to holding Bitcoin. If we focus on a news a few days ago, El Salvador's President Nayib Bukele has transferred to his country's Bitcoin Wallet in Cold Storage.
Even Bukele announced to buy 1 bitcoin every day ... we can imagine that he is going to DCA strategy and want to holding. There are many investors around the world who do not want to lose valuable resources like Bitcoin, so I think all investors will be more careful about this valuable wealth.

Is good to see that you have change your narrative on Bitcoin investment and decided to venture into it, so is a very good move you did because in terms of investment Bitcoin is actually the best for me and not because of any possible profits I could get on a short-term but because of what the future install for Bitcoin if we hold for a Long term. And also I believe that there is more than enough time for you to amend your mistake you feel you made during your investment, perhaps that's why they said that no time is wrong in terms of Bitcoin investment so you can actually utilize the time now and mend your investment, also if you are having a challenge on investment pattern you can check previous post here were they explain different types of investment strategies which is DCA and Lump Sum, so you could choose the one that will be more suitable for you.