Buy the DIP, and HODL! - page 35. | Bitcointalksearch.org

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: btc_angela on December 25, 2024, 05:56:46 PM

And let me put it this way, maybe those who are not prepared for Bitcoin accumulation has overestimate short term gains. And then underestimate the potential for long term gains. So we have a choice here, and we should know which is the better one out of the two. We understand someone's point of view to sell because of emergency in the future. But from short term speculators, I don't know why they don't understand the power of compound interest.Come to think of it, Bitcoin could be your legacy to your family, your kids or grand kids as it could really be built as generational wealth. Either way Im just HODL'ing and DCA'ing.

ctto

When you know how Bitcoin behaves from year to year, from cycle to cycle, from when it all started - it just clicks to you that there is no short-term with it - not in a way that would beat long-term in perspective.
And the long-term is always there for you, basically, providing opportunities each day.
Cool

SOKO-DEKE

hero member

Activity: 882

Merit: 581

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future

That is the fact: some people believe the Bitcoin price is high at its current range of $90k to $100k. However, it may be better to start accumulating at this price, especially by using the DCA . This approach allows someone to buy Bitcoin at different levels over time.

The future of Bitcoin looks promising. Many people now regret not accumulating Bitcoin when its price was still at $20k. They thought the price was high and opted to invest in alternative coins instead. Unfortunately, many of those alternative projects have either failed or remain significantly lower in value compared to Bitcoin. Meanwhile, Bitcoin’s price has continued to rise, leaving those who hesitated wishing they had taken action earlier.

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

So we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price

For anyone that is ready to hold Bitcoin for a long time, especially within a range of 10 to 20 years, I believe getting Bitcoin at this price is a great opportunity. Despite people saying we don't know what will happen in the future, with the evidence Bitcoin has shown from its historical records, I don't expect anyone to be too worried about how the Bitcoin price will in future maybe will be high low. This shouldn't stop them from investing in Bitcoin.

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: Justbillywitt on December 26, 2024, 03:13:05 AM

Quote from: Pi$$ on December 25, 2024, 04:04:29 PM

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

Majority of those people classifying bitcoin alongside cryptocurrency are probably ignorant, if they are enlightened that bitcoin is not crypto currency they will stop classifying it as such. Not many people are opportune or exposed to a learning space like this. So it is left for you and me to correct anyone we come across that's making such a mistake of classifying bitcoin as cryptocurrency. We should make it clear to them that bitcoin is not a crypto currency, but it is just bitcoin and should be referred to as bitcoin. Many of us here today were ignorant of this fact till we came to this forum, especially this thread, that was how we realised that bitcoin is on it's own and not part of any crypto currencies. If we don't enlighten these ignorant people they won't ever know the truth and they will keep living in their ignorance. Not that they ain't open to embrace the the change that bitcoin is not a crypto currency. The truth is that they don't know, so let's help people know the truth whenever we come across them.

Maybe they just need an enlightenment so that there wrong misconceptions will be corrected. Since somehow this is what usually know by inexperience individual and they associate Bitcoin on crypto which is actually wrong since some might get mislead especially for those project who always declare that they will be the next Bitcoin. Common words that mislead newbie and scam them that's why to avoid this situation better call Bitcoin as Bitcoin nothing else extra words added so people would directly point out the real one and eliminate those tokens or coin pretend to be like that.

What's more cool things happening here is many people now is aware on this situation. Although this is a simple gesture but for sure it helps a lot especially there are so many new people in industry that need to track the right thing and avoid any misleading matters that can cause them some financial loses.

Justbillywitt

sr. member

Activity: 476

Merit: 435

Quote from: Pi$$ on December 25, 2024, 04:04:29 PM

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

Majority of those people classifying bitcoin alongside cryptocurrency are probably ignorant, if they are enlightened that bitcoin is not crypto currency they will stop classifying it as such. Not many people are opportune or exposed to a learning space like this. So it is left for you and me to correct anyone we come across that's making such a mistake of classifying bitcoin as cryptocurrency. We should make it clear to them that bitcoin is not a crypto currency, but it is just bitcoin and should be referred to as bitcoin. Many of us here today were ignorant of this fact till we came to this forum, especially this thread, that was how we realised that bitcoin is on it's own and not part of any crypto currencies. If we don't enlighten these ignorant people they won't ever know the truth and they will keep living in their ignorance. Not that they ain't open to embrace the the change that bitcoin is not a crypto currency. The truth is that they don't know, so let's help people know the truth whenever we come across them.

Popkon6

sr. member

Activity: 798

Merit: 377

Quote from: Sonia_123 on December 25, 2024, 05:15:07 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

Maybe some Bitcoin holders are buying deep or some have bought Bitcoin regularly following the DCA method. So we cannot call anyone a pedestrian on an approximate basis, there are different methods of holding Bitcoin, long-term Bitcoin holding and short-term Bitcoin holding, but we only give the most priority to long-term holding.
Because big companies and big investors who have been holding Bitcoin for a long time, but even a small Bitcoin holder who follows the DCA method and holds Bitcoin for a long time and keeps his holding for a long time, that person will also enter the big holders one day.
This method is so popular because he accumulates Bitcoin by holding it for a few years in the future, and his investment becomes large due to investing in Bitcoin repeatedly for a long time. So we give the most priority to the DCA method and long-term Bitcoin holding.

Mayor of ogba

sr. member

Activity: 476

Merit: 316

Get $2100 deposit bonuses & 60 FS

Quote from: Sonia_123 on December 25, 2024, 05:15:07 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

They are prepared to buy bitcoin, but since they are in on bitcoin for the short-term profit, they will always want to wait for the bitcoin price to drop so that they can buy bitcoin at a low price, which will allow them to get their short-term profit when bitcoin increases. But for investors who are investing in bitcoin for the long term, it is never good for them to wait for bitcoin to drop; they can start their bitcoin investment with the DCA strategy since they are low coiners and have the opportunity to consistently accumulate bitcoin without targeting any price, which will allow them to be buying bitcoin even if the price is increasing or decreasing.

Samlucky O

sr. member

Activity: 504

Merit: 389

The great city of God 🔥

Quote from: Tmoonz on December 25, 2024, 04:23:21 PM

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

Snip

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

I think you should have used the word price of Bitcoin instead of value of Bitcoin in that bolded part because the value of Bitcoin is different from the price of Bitcoin, when you are referring to the value of Bitcoin it has more to do with it's scarcity, utility and trust and it doesn't correspond to your statement.

I think the scarcity of bitcoin is what causes the increase in bitcoin price therein and making it have a value. So the value of bitcoin is equated in price. For me there is no much difference between the both them. value and price of bitcoin surely means almost thesame thing because if you search for the the value of 1bitcoin surely the result will appear as price of bitcoin, so hence no value no price. When talking about value you are talking about price, and when talking about price you are Also talking about value. And of course that is not even a problem, he has already made his point clearly stating that

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now,

And that is what we should be more concerned about. To accumulate more now because bitcoin price now may not be thesame in the future. Since we are heading to a more higher price and or value in the future.

Churchillvv

member

Activity: 66

Merit: 5

Eloncoin.org - Mars, here we come!

Quote from: Sonia_123 on December 25, 2024, 05:15:07 PM

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

I agree with that waiting shouldn't be part of anyone who's interested investing in bitcoin as the price volatility doesn't guarantee anything to any one as per it might be on an upward trend but turn out to dip while one might be waiting for a dip it could become so bullish. I always encourage buying regularly (daily weekly and/or monthly) as much as you can within your disposal. Constant buying has proved to be the most appropriate thing one can do in his or her journey in bitcoin investment for instance MSTR ha been buying regardless of the price of bitcoin and it's evidence that bitcoin investment is mostly successful when one buys are all potential including the bullish period.

However buying the dips is not also a bad method of accumulation as long as you're doing it but regular buying (DCA) can be more productive as waiting for the dip might not occur in ones expected times so it's best to make every entry count.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Sonia_123 on December 25, 2024, 05:15:07 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

And let me put it this way, maybe those who are not prepared for Bitcoin accumulation has overestimate short term gains. And then underestimate the potential for long term gains. So we have a choice here, and we should know which is the better one out of the two. We understand someone's point of view to sell because of emergency in the future. But from short term speculators, I don't know why they don't understand the power of compound interest.Come to think of it, Bitcoin could be your legacy to your family, your kids or grand kids as it could really be built as generational wealth. Either way Im just HODL'ing and DCA'ing.

ctto

Sonia_123

member

Activity: 207

Merit: 34

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

In as much as Bitcoin is concerned no matter any amount it is anytime, it is better to buy because you don't know what will happen in the next minute in terms of the price increase. Those waiting for the price to go down before buying will be making a very big mistake,these set of investors are not really prepared for Bitcoin accumulation and holding for a Long-term investment, we can say ,they are passer-by .

Pi$$

jr. member

Activity: 51

Merit: 23

Quote from: I_Anime on December 25, 2024, 04:15:27 PM

Quote from: Pi$$ on December 25, 2024, 04:04:29 PM

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are alot of coins at there , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that am running a speculation contest .

https://bitcointalksearch.org/topic/m.64881735

Learning the hard way simply means they are in the wrong path thinking there are good altcoins out there. When they would have channeled their money into the right asset which is Bitcoin.

As long as Bitcoin is concerned no altcoin is promising dont be deceived that there are coins out there that is more safe to invest in than Bitcoin. Whats the point of investing when your asset is not safe and secured? Or would you prefer to rely on hopes or luck when you invest in shitcoins when you can have a safe investment in Bitcoin?

The choice is open but it seems they are ignorantly of the advantage of investing in Bitcoin and they will learn one day from it, when one of those shitcoins has dealt with them. This is learning the hard way. When life teaches someone a lesson because they fail to take hid in following the right part from the very beginning.

Ruttoshi

sr. member

Activity: 476

Merit: 385

Baba God Noni

Quote from: I_Anime on December 25, 2024, 04:15:27 PM

Quote from: Pi$$ on December 25, 2024, 04:04:29 PM

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are alot of coins at there , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that am running a speculation contest .

https://bitcointalksearch.org/topic/m.64881735

Learning the hard way means that those people who ignore bitcoin will get burned and regret their actions before they would understand that they were in the wrong bus. You must lose something important to you before you will reverse your steps.

Bitcoin is very promising and nobody should doubt it as a good investment because the price will still be increasing since it's still growing and more people, big firm and institutions are very much interested in accumulating now and we would see more of them entering bitcoin in future.

Tmoonz

sr. member

Activity: 392

Merit: 329

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

I think you should have used the word price of Bitcoin instead of value of Bitcoin in that bolded part because the value of Bitcoin is different from the price of Bitcoin, when you are referring to the value of Bitcoin it has more to do with it's scarcity, utility and trust and it doesn't correspond to your statement.

However, it seems you a nice orientation about Bitcoin but one thing for sure is that one must first figure out whether he or she has a discretionary income which is meant to be the left over cash after ensuring that your basic needs has been met, Bitcoin has proven to be a good choice of a digital asset class any one can afford especially if approached with the DCA strategy it becomes cheaper since you will only be buying a fraction at your convenient and not a whole Bitcoin either weekly or monthly.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future

I don’t really know the amount that bitcoin will be going for in the future, but if you can check bitcoin price history and you see how bitcoin price keeps on increasing, then I will say it’s not a bad idea buying and holding bitcoin now, even as lots of people are saying bitcoin price is already high. Some people are scared to invest in bitcoin currently because of the price, but anyone that’s planning to hold for the long term shouldn’t be scared, but if you are a trader or a short term investor, then make sure you do your analysis before entering the market.

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

So we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price

Anyone that doesn’t invest in bitcoin now will end up regretting why they didn’t invest now in the next 10-20 years, which you mentioned, because bitcoin price is just going to be massive by then. Anyone that has the financial capacity can just invest now and hold, don’t think the price is already high, and if you can hold for the long term, definitely you will be making massive money in the future.

I_Anime

sr. member

Activity: 602

Merit: 263

Quote from: Pi$$ on December 25, 2024, 04:04:29 PM

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

I can't really relate when it comes to learning the hard way In this space, yes there altcoins that can make folks make good amount of money, but there are alot of coins at there , so how are you going to know which to buy because any wrong move and you reckt without thinking of bouncing back most time , but with Bitcoin you can easily start accumulating, without any much fear because as Time goes on Bitcoin may keep going up , though it may experience some up and down trend . So in other words when comes to long-term holding bitcoin is the best and the safest compare to oher currencies.

Let me use this medium to announce that am running a speculation contest .

https://bitcointalksearch.org/topic/m.64881735

Pi$$

jr. member

Activity: 51

Merit: 23

Quote from: I_Anime on December 25, 2024, 03:21:36 AM

Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie Cheesy

) ,

The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.

He who fails to learn things the right way we surely learn it the hard way. They will get burned by altcoin, or they will realize too late that Bitcoins value and principle are unparalled. Either way there is always a lesson waiting for them. Based on the way they classify Bitcoin as cryptocurrency they will see need to start investing in other coins that might make them regret in the future and if they lack belief in Bitcoin then its more likely they will still procrastinate and not start their investment journey.

Bitcoin isnt jsut the first but the foundation of the decentralized space. No other currency replicates this trifecta. Yet people still classify it under cryptocurrencies where the name has been condemned with the performance of shitcoins.

Zackz5000

sr. member

Activity: 336

Merit: 280

Bitcoin or nothing

Quote from: Futurexxx on December 25, 2024, 12:46:45 PM

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

Yes one can start accumulating Bitcoin using the DCA strategy where you can be accumulating Bitcoin over gradually either on a weekly basis or monthly regardless of the price of Bitcoin and HODL for long provided you have made provision for your discretionary income so you can be accumulating Bitcoin through it since bitcoin investment is for a long time purpose one can start making provision for emergency and reserve fund so you can still keep your bitcoin journey ongoing since you won't be selling out if things you may not expect comes up because you have already kept you will take care of your emergency need and continue accumulating Bitcoin and HODL for the future.

Let me also use this previllage to wish all bitcoiners and HODLers a merry Christmas and happy New year in advance.

Futurexxx

member

Activity: 14

Merit: 2

Quote from: danadc on December 25, 2024, 11:26:48 AM

Quote from: laijsica on December 23, 2024, 12:00:37 AM

Quote from: danadc on December 22, 2024, 02:59:02 PM

The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

High selling trend looks like short-term trading and I am more reactive to long-term holdings. I expect I will have to continue depositing bitcoins as per the DCA strategy. If the price of Bitcoin goes into a dumping trend, it should not be alarmed because you have to believe that you have chosen the best investment and that Bitcoin has always resulted in bullish periods for price recovery. I agree with you that DCA is the best way to deposit bitcoins. But you should be regular every time for purchase regardless of price. You should expect to buy at sinking prices as this period helps reduce your UP and is the best opportunity to add bitcoin units. Depending on the market conditions you should tend to increase your holdings through lump sum buying and keep long term holdings. The price of Bitcoin will undoubtedly increase in the coming days and it may be more motivated to continue the phased accumulation and the skyrocketing price that is currently crossing the bearish. If you have demand for DCA with long term cycle then risk level is close to zero.

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future, so we should be seeing this current value of Bitcoin as an opportunity that may never come again in like 10 to 20 years time from now, so the best thing to do now is to seize this opportunity and buy regardless of it current price, because with the kind of huge potential Bitcoin has, it can go as high as a million dollar in the future, so in my own opinion Bitcoin is an investment risk am willing to take since it's an asset that appreciate in value overtime.

red4slash

hero member

Activity: 1526

Merit: 509

Quote from: danadc on December 25, 2024, 11:26:48 AM

I think the same too, some people get alarmed when the price of bitcoin goes down, I don't, I see it as the best opportunity, it's not that I want the price to go down a lot to buy cheaper but an investment for me means that it is for the long term, short term investments seem to me to be insecure and that they do not have much clarity, I even think that they are scams on some occasions, therefore when I go to review any type of investment it is clearly bitcoin, even when it is oscillating between $95k-$104k for me it is a great buying opportunity, I am not like the others but I like to buy right now because by January I think it will go up a lot more.

Actually what needs to be remembered in this case is that our goal in bitcoin is not only 1 or 2 months but we are in bitcoin for a longer period such as the halving period or even more than that where there are some people who have targeted themselves to be in bitcoin within 5 years, 10 years even more so in the end why should panic with the temporary decline that occurs because in the end this is just a process for us to achieve the target we want and don't forget that bitcoin fluctuates as an inseparable element so that if we expect a significant increase in terms of value then we must also be prepared for the decline that occurs because it is a very normal thing to happen.

Indeed, the sense of worry when dealing with money and the value that is owned must always be there but as long as we are sure that the future will be better for what feels too panicked by the actual situation we can still do casually because regardless of the current decline it is only temporary and our goals will not be affected by a temporary decline like this.

MainIbem

hero member

Activity: 1316

Merit: 379

WOLFBET.COM - Exclusive VIP Rewards

Quote from: Samlucky O on December 25, 2024, 08:52:04 AM

My advise to you guys is to spend wisely this festive period. Because festive period, surely looks promising but come in a way of overspending, and if folks are not careful they will surely overspend above their dicretikn and of course its not a nice one. So we should be able to spend withing our discretion and not above, which might later affect our bitcoin holdings by nest year 2025.

So even as Xmas is being celebrated all over, don't forget
To
buy the dip..
Buy bitcoin through lump sum and
Buy bitcoin through DCA.

As we spend, let us also be accumulative by any chance. Chears to you guys mery Xmas and new year to you guys.

I want to use this medium to also thank our Boss Sir JayjuanGee for being actively here to educate and correct us of our financial mistake. I must confess this few time of a year plus I have been in this BTT forum I have learnt a lot from different people and most especially boss JJG I respect you because you have changed my scope of financial management, hence making me more careful each time I want to spend. Well words alone can not describe the magnitude of love I or we have for you, I say thank you.

For others who has been impacted by JJG, you all can reply by given him a green heart 💚💚💚.

Compliments of the season mate, you've made a very valid point here. Lots of people, out of joy and happiness that comes with the season would tend to spend recklessly and forget their goals concerning Bitcoin, I'm not saying it's a bad decision to spend money this period, of course it's the Christmas season so lots of people would spend more time with their loved ones and probably get gift items for them but they shouldn't over spend to the point that they'll be forced to tamper with the Bicoin they're holding when it's not yet due to take profits and even though it's due I believe that people should be buying more bitcoin and hodling than selling for any purpose especially now that the market is still at the correction stage thereby giving investors more opportunity to accumulate as much as possible before another wave of the bull season comes again. We all know that Bitcoin has a lot of potential and would increase more higher than this by 2025 so it would be unwise to sell instead of buying more, anyways I appreciate the effort of every hodler that's still patiently holding unto their coin, kudos to them and kudos to Mr Jay for being so educative thereby impacting more knowledge about Bitcoin to many that are willing to learn.

Topic: Buy the DIP, and HODL! - page 35. (Read 138706 times)