Topic: Buy the DIP, and HODL! - page 3. (Read 138235 times)

For me, if the investment that was made recently or let's say the duration of the investment that they have gone through is around 3 years, then it is not right for them to sell at a time like this. They must be able to maintain investment planning for the long term, for example the next 10 years, so there are 7 more years that they must focus on to continue buying Bitcoin.

For investors who have entered the 3rd or 4th year and depending on the initial duration of their entry, of course they must still choose Hold and not be tempted by the desire for profit. Bitcoin is growing rapidly in this world, so having bitcoin is of course choosing a brighter future.

However, mistakes in previous eras must always be remembered and never repeated. The mentality must be truly ready for now in fighting the desire for profit, I think it is better to close the market after buying bitcoin and reopen it when you want to execute again and so on.

Maybe we could attempt to emphasize the time element of bitcoin rather than the profit element of bitcoin, just to make a bit of a point.

I am pretty sure that there are ways to structure various kinds of hypotheticals in which a guy reaches or slightly exceeds his BTC accumulation goals, and then soon thereafter enters into some kind of a sustainable withdrawal system in which he is not concerned about profits, but instead just concerned about halving enough and employing sustainable withdrawals.  

Since I personally consider something like the 200-WMA to be a way of measuring enough value that can be sustained, it would likely help if the person either accumulated his bitcoin position over 4 years, held his bitcoin  for 4 years or bought an overwhelming majority of his BTC at around the 200-WMA price.

So there seems to be quite a bit more flexibility for guys to have their costs below the 200-WMA so that they do not necessarily have to concern themselves about the extent to which any of their spot price sales are in profits.. that is once they reach a point of even being ready for selling any of their BTC.. which I think is getting to a status of already overly accumulating a decent stash of BTC, so it seems best to get to a status of overaccumulation first.  

We could come up with some examples of a guy who just gets into bitcoin and pretty much accumulates all of the bitcoin at once, such as he had just recently come across some money like an inheritance or maybe selling a property (or selling a business) or even winning the lottery.... So this guy is going to want to use bitcoin as an investment and as a way to slowly draw from his wealth.. he gives little shits about whether he is in profits or not, yet he already knows enough about bitcoin to appreciate that if he measures his withdrawal of value based on the 200-WMA.. then he likely could withdraw at some thing like 10% per year in a perpetual kind of a way...   There would be quite a few ways to describe such examples of hypothetical guys, even though it seems that in this thread, we are presuming accumulating bitcoin over time rather than lump summing into bitcoin, especially since it seems way more likely that normal people who are investing into bitcoin, rather than trading bitcoin, will end up investing into bitcoin over decently long periods of time rather than lump summing into bitcoin with perhaps a few large allocations into it.


What do you mean by accumulating over 3 cycles over a four-year period?  Usually when we are talking about cycles, then each cycle is 4 years, so if you are referring to three cycles than you are referring to 12 years.

Surely some guys may well take 12 years just to establish their bitcoin position, especially if they might not have a lot of discretionary income or maybe they cannot even invest 10% of their income.. so sure, we might presume that normal people might take more than 10 years just to establish 1 years worth of income invested into bitcoin, especially if all that they can invest is 10% per year... yet still there is variance in regards to how aggressive folks are able to be, specially if they might be able to increase their income and/or cut their expenses.

So I am not completely arguing with the idea that it tends to take a whole lot of time to really start to feel that we are making progress in any kind of investing (savings) that we might do, and surely with any investing that we might do, we are going to be greatly advantaged by having had invested in an asset that ends up having relatively good performance as compared to other places that we could have had put the value.. such as bitcoin (yet future performance is surely not guaranteed in any investment, whether referring to bitcoin or anything else).


I have a hard time considering any investment (especially over a longer period having a confidence level of 95%.. and surely bitcoin remains amongst the best of investments, and perhaps even the best investment available - yet it still seems prudent to establish somewhat conservative upside scenarios.... so then there may well be considerations regarding how to invest aggressively, yet at the same time protecting oneself (financially and psychologically), at the same time.

Really you are right?
The way you make various comments about Bitcoin, it seems that Bitcoin is not the only coin that guarantees a good life. I don't understand how investing in Bitcoin guarantees a good life. Many people are more interested in investing in gold instead of investing in Bitcoin. It is seen that if you can invest in gold, you can be the safest and worry-free. But the Bitcoin market is unstable, why did you say it so beautifully? Is it possible? However, the way the Bitcoin market is moving will take a long time to create a good position.

Bitcoin investment to some people has turned out to be a death sentence. This is a product of greed where someone only dreams about profit and not willing to HODL for long
A real bitcoin investor enjoys life the much he can while maintaining his investments in bitcoin. This is because he focuses more on increasing his DCA and invests only a percentage of the DCA while taking care of his life with the rest.

Bitcoin investment is best done with a very long-term goal. One may not enjoy every thing he has achieved in life, generations can also benefit from your achievements. When someone is not taking care of himself or enjoying the good things of life, health challenges are more readily happening to them. By so doing, you end of selling of your bitcoin to save your life or die if you insist on Hodl.

Bitcoin is a promising investment, steady investment using DCA will guarantee a better lifestyle away from your bitcoin wallet and prepare one for the benefits that will come with bitcoin in the future.

Having the opportunity to stick with the initial plans of an investor is one of the reasons why there should be a particular agreed where the investor will like to hodl before thinking of selling part of his Bitcoin, a good investor has different sources of income and maintains their investment strategies, they hardly think of selling part of their Bitcoin before the number of years they have written down to keep holding that's why you don't see great investors thinking of selling their Bitcoin even when the price of Bitcoin is very high. To avoid selling off part of your Bitcoin to purchase luxuries and properties you need to have several streams of income aside your regular Bitcoin investment income so that you won't regret after selling your Bitcoin.

In the other way round I also see the need to sell some of your Bitcoin if you have been holding for a long term and has accumulated a good number or Bitcoin for years and you have an emergency which your income can not solve, selling some part to take care of it shouldn't be seen as a bad thing since the essence of investing in anything is to make profit to take care of yourself and to better the life of your family. I do not support anyone selling all their Bitcoin but if their are needs to sell some, do not hesitate to do so especially if it involves saving a life.

Investment in Bitcoin honestly has lots of flexibilities, that you are investing in Bitcoin doesn't mean that you are not going to be taking care of yourself, it doesn't stops you from going for vacation and enjoy life, figure out how much of your discretionary income you can be investing over time, it can serve as  your retirement benefit for those that are still in active service, it can as well become a generational wealth, those that will attach so much negative emotions towards what will become of Bitcoin in the future are only those that have been investing money that is not meant for investment and must deprived themselves of certain necessary things in their life which is very wrong. However, when something is too real it has no hidden place, Bitcoin is increasing wider spread adoption on  basis but yet we still have to balance our psychology towards what may or may not happen in the future and surely there must be preparation.

This is why it's advisable to use only your discretionary income to invest so that if in future bitcoin price goes against you or did not perform as expected, you wouldn't regret investing in bitcoin. However, the odd of bitcoin price going uptrend in future is higher than going downtrend but that doesn't mean that you should see bitcoin as a risk free investment, because if you miscalculate the money that you are suppose to use to invest in bitcoin and use more than your discretionary income, you will lose your investment.

I feel that the risk in bitcoin is not only about the price going down but also your inability to make proper plans and invest in the right way for long term. This is why we should put all these into considerations so that we can invest and become successful in future without regrets.

Are you suggesting that a newcomer should wait for a decrease in Bitcoin's price before starting their investment? It seems there may be a typing mistake in your statement, as it implies that waiting for a price drop is recommended. You should be cautious here to avoid misleading new investors or forum members, as they might learn something wrong.

If you intentionally suggested that one should wait for a price drop before starting to invest, I must disagree with you. Waiting for a price drop is a waste of time. If you already have reliable income sources or alternative income streams and are fully prepared to invest, there should be no delay in investing because of a price drop. The target price you have set may never come, and in waiting, you might end up wasting time and resources. If Bitcoin’s price keeps rising instead of falling, will you not invest? Or will you be happy to lose the opportunity of buying at a lower price compared to future prices?

Since you are investing with a long-term plan, you should not wait, no matter what, if you are capable of starting your investment. After gaining basic knowledge, there should be no further delay in your learning or investing. The longer you wait, the more opportunities you will lose. By being tempted by small profits, you may lose track of your investment plans.

Analyzing market trend is exactly timing the market. Of which timing the market is seen as trading. When you are investing for long term there is no need to time the market. You are a newbie and you've learnt one or more things by now, i just want to let you know that timing the market is wrong. The only thing you said that picked my interest is the fact that every price is a good opportunity to buy Bitcoin. There is no point regretting why we didn't buy at a lower price because the current price of Bitcoin soon will be a lower entry point where many ignorant aspiring investors will be wishing they bought.

Your right here. No investment is 100% guarantee. Bitcoin has done financially well over the years till now, and with the global respect and adoption shouldn't make us treat it like some sort of financial savior. Many situations and problem may come and affect the system which we do not know what may be the outcome in the future. In as much as we expect the greater potential benefit of Bitcoin as we invest and hodl for long term we should also have it at the back of our mind that the system was created by man and anything that is been deployed by man has limitations. Bitcoin is good to invest but its not made into perfection.

Confidence and patience in hodling is a basic thing that must be owned apart from realizing that bitcoin is risky so that in the end buying will not be a problem for us because we are ready with long-term hodling as our goal is to invest in a longer period of time.

For the actual market analysis problem when our goal is long-term it is not a significant problem, not that I don't think this is important but in the end we don't need to focus too much on market analysis that occurs because indeed the focus we should have is only on buying when we do have more money and are ready to buy bitcoin. Because when we refer to the market analysis benchmark, in the end it will actually make us hesitate and even not make the purchase we have planned because we will feel that there will be a lower price so that in the end we will lag behind the momentum which results in us feeling sorry for not buying bitcoin when the situation does not match our expectations because bitcoin is getting higher.

Yes, a long-term holding perspective is very important in Bitcoin investment. Bitcoin is constantly improving and is becoming a strong asset, and Donald Trump is also very supportive of Bitcoin, and will make Bitcoin part of the US economy, which will have a very positive impact on the future of Bitcoin.
The future of Bitcoin is bright, those who know the real future potential of Bitcoin, are never afraid of Bitcoin's temporary fluctuations, and they only invest and hold in DCA without worrying about the price, they will definitely be able to profit from Bitcoin.
Every Bitcoin investor should invest through DCA regularly, And to be confident about the future prospects of Bitcoin, And never panic and hold for the long term, because only through long-term holding can an investor have the greatest chance to be profitable.

Whenever you try to buy Bitcoin deep, you immediately need to take more solid steps towards the possibility of your investment lasting for a long time. Because future steps are the most important, the more you think about the future, the more aware you will be and the more importance you will start giving to Bitcoin.
The only reliable and long-term reason to hold Bitcoin is that the government of every country is taking this science very seriously, it will continue to improve in the future.
That is why I say that every investor should play a role in their Bitcoin holdings for a long time as soon as possible.

Well, I don't buy the idea for people who are in their accumulation process to sell 20%-50% of their bitcoin investment just because they want to buy their dream car or house and they are yet to accumulate the amount of bitcoin they want to hold for long term. Selling part of your bitcoin when you are still in your accumulation stage has a negative effect, and if you are not mentally strong enough, you will likely sell your bitcoin portfolio if bitcoin increases to the extent where you will regret why you sold part of your bitcoin too early. This is one of the reasons why we should invest in bitcoin with the money we will not need for 4-10 years or more so that we will always be in the position of solving our needs without selling our bitcoin prematurely to solve them.

It seems you are getting Xun hu wrong his statement doesn't direct to trading rather he is emphasising on long term hodling and also advising not to only wait during the dip before accumulating Bitcoin I think that's what he mean.

Regarding what you have said we don't just need discretionary income we also need a strategy to accumulate Bitcoin, we have the lump sum strategy which allows you to accumulate Bitcoin in large quantities with huge sum of money, we also have the DCA strategy which allows an investor to accumulate Bitcoin gradually either buying every week or month regardless of the price of bitcoin we also have buying the dip method but investors mostly use the dca strategy since it allows to accumulate Bitcoin regularly weekly or monthly irrespective of what price bitcoin is and try as much as possible to hodling for long once the dip come you also take it as an opportunity to accumulate more Bitcoin if probably you won a lottery you could also decide to lump sum.

Due to volatility, Bitcoin price may bullish to bearish. It is its characteristic. But the investor should have confidence in his investment. If the investor cannot be determined in investing in Bitcoin, then he will never be able to achieve what he hopes from the investment. There is no chance of making a certain profit in investing in Bitcoin, but if an investor starts collecting Bitcoin regularly after making a long-term plan, then the chances of making a profit are very high. To invest in Bitcoin regularly and hold it for a long time, an investor must keep an additional reserve fund so that he does not need to withdraw Bitcoin in case of any emergency. Bitcoin investment is not guaranteed, but the chances of investors succeeding in long-term investment are much higher.

This sounds like trading too me,  because a true Bitcoin investor don't need to analyze market trends or even be paying attention to candle sticks chart  pattern, and secondly, what strategy are you talking off as a Bitcoin investor?
Try to take this your trading to the appropriate board because as a Bitcoin investor we actually don't need trusting any strategy, all we need to do is to buy once our discretionary income is available, and have measures in place so that we can hold successfully, such as having a source of income and an emergency funds so as not to fall back to our holdings anytime any emergency needs arises.

If the goal is to HODL for the long term, of course there is no need to worry about short-term price fluctuations or having to take the time to wait for a decline first, especially if you have to have a certain level of confidence to be able to buy. Because most Bitcoin buyers at this time are people who have indeed gone through some education and the best advice from several people who are already knowledgeable about Bitcoin so that they themselves have begun to be confident in buying Bitcoin and implementing HODLing in the long term because they already believe in Bitcoin.

So every buyer must have a goal that they have planned and if the goal itself is to store for the long term, of course the person does not have to target a price drop in order to be able to buy. Because he can also buy at the current price and can immediately continue buying again when it is decreasing so that the amount of Bitcoin he will save will be greater even though he bought it at a different price.

If they are a little above profit, all the investors I see at present withdraw the investment stock and take a part of the profit. They think again and invest again. It is okay to invest in Bitcoin, but the kind of investors I see today are very few investors who want to hold it for a long time. If you think about investing in Bitcoin, you must think long-term. You cannot expect anything good when investing in Bitcoin for these four to five years. You must remember that this is not an altcoin from which you will quickly get a lot of profit.

If you want to invest, you must pay attention to maintaining DCA. You have to prepare yourself in such a way that you can continue the investment trend and keep everything in order. ‌ We can say that investment is easy, but continuing it for a long time is very difficult. Those who can continue this investment trend will achieve something good. But for those who cannot think long-term about investing in Bitcoin, BTC will certainly be unable to give anything good.

Again, some are investing in Bitcoin, but suddenly, the price of Bitcoin has reached a fairly good position, if they see that it is on the verge of a fair profit, many people cannot handle that greed, so they stop investing and cannot continue for a long time. They are currently deprived of making good achievements by stopping long-term investment for a small profit. Currently, there are a lot of such investors who are unable to continue their investments and are stopping them. I see in different directions that they are interested in investing again. For them, if they had continued their investment without stopping, they would have been on the verge of a much better profit.

Four years of investment is not a long time but a very short time. How can you say from here that it is a long time? For those who understand Bitcoin investment and can think about its future and do good analysis, these four years will seem like a very short time. It has been four years since I started investing that day. That is why investing four years is not a very long time in Bitcoin. If you want to invest in Bitcoin, you must consider it for a long time. And investing in Bitcoin is the safest, which is why I consider investing in Bitcoin to be the safest compared to other sectors.

Buying during a dip requires confidence and patience. Analyzing market trends is key, but remember, even strong trends can reverse unexpectedly. When aiming for long-term HODLing, every price point can be seen as an opportunity. Instead of focusing on short-term fluctuations, it's about trusting your strategy and seeing dips as potential buying chances rather than setbacks.

Let me guess, you are right, but take a deep breath and think if it doesn't happen the way you have said it. In an investment, there are always chances that profits are not guaranteed. You have already given a 95% assurance, but you also need to know that 5% of risk, or less than 5% of risk, can terminate every profit you have planned to make from an investment. While investing in Bitcoin (which is 5% risky, as you said), you don't need to put your mind on making profits, all you need to do is understand that you are making a savings for the future (for yourself or for your children). Thinking of the profits you will make during the 4-year cycle might not make you continue investing after the 4 years. What you need to put your mind on is how to continue investing in Bitcoin through the DCA method, because through the DCA method you will be able to benefit from Bitcoin growth, so even after the 4-year cycle you can still continue investing in Bitcoin.