Topic: Buy the DIP, and HODL! - page 358. (Read 137657 times)

Now I think I'm getting your point with the last paragraph. If you choose to diversify your asset like spreading your investment, that's your choice and I believe you have plans holding every bit of the assets.
Here is a quick one, getting involved in real estate, gold, bitcoin, land stock is not an easy one like you mentioned cash, bitcoin, gold and land. You definitely need a huge amount to balance your investment.
What I learnt here is never get too  jampack with your investment firstly, even when dealing with crypto for example if holding bitcoin then you should maintain holding bitcoin only. Bitcoin, gold, cash and land stock are just too much for you to keep with, even if diversification of assets is advisable not with so many assets like this, you should at least go for few assets to keep up with.
Secondly if diversify assets is your choice then you don't want to get hookup with any kind of distraction or mistake so you need to have something doing like a multi job to keep up with like business etc. They're alot of business to keep up with when investing cause you will not only invest but you also have needs to settle and it doesn't make sense when you keep withdrawing profit from your little investment to settle needs or to meet up with other investments. I don't expect an investor to act like this with an early investment cause it will only ruined the growth of the investment but as time goes on you start understanding the statics and reaching the target is the best.

No doubt, dca strategy has enormous benefits as regards to Bitcoin investment the reason why it dominates the thread, but on the contrary a lump sum buyer can as well be successful in his Bitcoin investment,  in my opinion that lump sum buying can as well leads to significant returns, you can actually set up a portfolio through the lump sum buying and allow it to grow. the very best strategy is any of the strategy that allows an investor to hodl his investment and sleep well at night, whether it is dca or lump sum, the main factor to be successful or not in Bitcoin investment is the ability to hodl long term to take advantage of it's comp youounding value,the right strategy is unique to every investor that is why it is of great importance for any investor to tailor their strategy to their own risk tolerance and financial situation as well as their own conviction level to prevent a situation that could lead to emotional decision and selling too soon.

DCA strategy is one the best strategy in bitcoin investment.An investor that wants to be successful in bitcoin investment must adopt the DCA strategy

In my understanding, it doesn't necessarily mean that someone must have a good knowledge of bitcoin before he or she can start accumulating it. What matters in the bitcoin accumulation journey is for someone to understand that bitcoin is a long-term investment, like 4-5 years before he or she should start accumulating bitcoin, so that he or she will know the kind of investment he or she is starting up and will not expect any profit in the short term. Also, use the money he or she can afford to lose to invest in bitcoin, and understand that bitcoin is volatile, so any drop in its price will not make him or her sell it, even when he or she is at a loss.

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin


Yes, I just think that I can't invest 100% in bitcoin. Maybe I want to have an investment portfolio like 10% cash, 10% gold, 30% land, and 50% bitcoin. At least this is a percentage and risk that I think is quite safe

Your suggestion for what should be considered a long term investment in Bitcoin is not bad. It will allow one see various halvings activities and experience market cycles. However, it does not really have to be that long to be considered a long term investment. I am in agreement with JayJuanGee that 4-10years is a good target even though it could be longer. This range is enough for any investors to be able realize a reasonable stash of bitcoin also gauge his level of patience and commitment to the bitcoin buying process. By the present Bitcoin market cycle, the same period will most likely give but bull and bear market which will give the investor clear of how bitcoin price behavior is for each of those seasons.


I don't know how you arrived at this conclusion and if there is any substance to such claim. Are you saying that by 2030 the block reward will be zero? What do you mean by the peak. Or should I assume you are doing some technical analysis stuffs that make you arrive at such conclusion.

Whatever be the case, the most important thing is to buy and hold bitcoin, that is the only way to find out what the future will look like. The worst thing is to sit by the sideline while others are buying and securing their bitcoin portfolio.

That's why I think the DCA method is the best, but the time limit for Bitcoin investment should be at least 10 to 12 years.

Bitcoin will reach its peak after 2030, and you will be the participant who will benefit from the most investment.

Judging someone who learns too much about Bitcoin at the risk of having their bitcoin investment delayed, I don't think that's right. Because you need to know that every potential bitcoin investor has different traits, characteristics and desires. So of course there are potential investors who are very careful, there are also those who are just average (medium), or the worst are potential bitcoin investors who are too ignorant (don't study Bitcoin at all). So, of these three characteristics, maybe your opinion (@Tmoonz) is more inclined towards those who are just ordinary (medium) cautious. Because this is in accordance with what you explained. This means that when you want to invest in bitcoin, the scientific step (learning) is just to learn the basics about bitcoin. And the steps will definitely suit you and people who have normal alertness.

However, this is different from people (potential bitcoin investors) who have very high caution. A typical person like that will definitely never feel satisfied so something he is going to do (invest in bitcoin) has not been studied thoroughly. Because in essence, typical people who have high caution basically always want more details when studying something like Bitcoin. Because if there are no details, prospective bitcoin investors who are very careful will definitely not feel calm.
So at this point I assume that your assumptions(Tmoonz) are only intended for people with average (medium) caution and cannot be averaged out to all potential bitcoin investors.

Because in conclusion, every bitcoin investor has their own style and method when investing.

Why would you even think of investing 100% into bitcoin? There are other investment type which you can invest into that will yield good returns. The percentage of investment is and individual choice. I can choose to to invest only in bitcoin maybe because i believed that it is the only investment  that i trust. Don't forget your purpose of investment if you feel investing soke in bitcoin, land, hold and other could make you reach your financial target then go ahead. I may decide to invest only in bitcoin and i will still reach same target or above it. The choice is yours to make

Why would you even think of investing 100% into bitcoin? There are other investment type which you can invest into that will yield good returns. The percentage of investment is and individual choice. I can choose to to invest only in bitcoin maybe because i believed that it is the only investment  that i trust. Don't forget your purpose of investment if you feel investing soke in bitcoin, land, hold and other could make you reach your financial target then go ahead. I may decide to invest only in bitcoin and i will still reach same target or above it. The choice is yours to make

You have to understand that not everyone thinks or reason the same way,  most investor, before making any investment, they first calculate their risk before their profit, while some calculator their profit first before their potential losses, and secondly, most investors have this tendencies to go in all on an investment when they believe in the project, without considering what might happen if it goes against them.

But as for me, I prefer to have some other business working for me aside my Bitcoin holding, and if am investing into cryptocurrency, it's only Bitcoin I am considering because to me it's only him that is worth it, though I don't fancies gold, but land is very good investment to consider.

Right now what am doing is just focusing on my business which have been the brain behind my ability to be funding my DCA method weekly,  and also standing as a source of regular income, that have kept me going during this accumulating process.

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin


Yes, I just think that I can't invest 100% in bitcoin. Maybe I want to have an investment portfolio like 10% cash, 10% gold, 30% land, and 50% bitcoin. At least this is a percentage and risk that I think is quite safe

You seem to be saying something slightly different from what you were saying originally, even though perhaps you are sticking with your guns in regards to some necessities for some basic kinds of knowledge and/or conviction about bitcoin, and in that regard, I might not be saying anything too different from you - except probably I am differing in regards to my emphasis to get started investing into bitcoin right away and figure out the details as you go, and of course, the most important details happen to revolve around personal finances, and I stick to my original assertions that technical knowledge about bitcoin is not very necessary, but surely having some ideas about its design facilitating the soundest of monies is a good thing, yet how it does that can be learned along the way, and likely as people learn more and more about bitcoin, it is likely that they will come to realize that each detail of bitcoin is amazing, like you mentioned proof of work, but also the difficulty adjustment and the various ways of confirming the proper chain so that there can be no more than 21 million bitcoin..

and some of the technicalities can become quite difficult to understand - but some assurance can come from bitcoin continuing to run for more than 15 years in spite various attempts to attack it and break it... so the details are likely not even really known by long term hodlers... yet there likely still are needs to get started investing into bitcoin sooner rather than later and also to adjust position size in accordance with personal finances, with perhaps a beginning goal of 5% to 25% allocation towards bitcoin that might take a while to reach.. while at the same time studying the matter to figure out if a change might need to come in terms of allocating outside of that range and then considering how to treat ongoing and likely inevitable volatility in regards to BTC price changes.

You have to understand that not everyone thinks or reason the same way,  most investor, before making any investment, they first calculate their risk before their profit, while some calculator their profit first before their potential losses, and secondly, most investors have this tendencies to go all in on an investment when they believe in the project, without considering what might happen if it goes against them.

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin

Why would you even think of investing 100% into bitcoin? There are other investment type which you can invest into that will yield good returns. The percentage of investment is and individual choice. I can choose to to invest only in bitcoin maybe because i believed that it is the only investment  that i trust. Don't forget your purpose of investment if you feel investing soke in bitcoin, land, hold and other could make you reach your financial target then go ahead. I may decide to invest only in bitcoin and i will still reach same target or above it. The choice is yours to make

No, not better, just safer. I think I need a safer investment as a backup for emergencies, like gold. I need to have land assets to survive (make a house, grow crops). If investing in stocks or real estate, of course it is no better than bitcoin


Yes, I just think that I can't invest 100% in bitcoin. Maybe I want to have an investment portfolio like 10% cash, 10% gold, 30% land, and 50% bitcoin. At least this is a percentage and risk that I think is quite safe

A person who invests in Bitcoin will never worry about the price. Because the DCA method of investing allows you to invest in any position at any time, as it controls the average of the Bitcoin price.
That's why I think the DCA method is the best, but the time limit for Bitcoin investment should be at least 10 to 12 years. Bitcoin will reach its peak after 2030, and you will be the participant who will benefit from the most investment.

Bitcoin investment compared to other investment can make newbies who have the zeal of investing in bitcoin lose interest.It also increase fear of loss and indecision in bitcoin investment.So on the contrary, bitcoin should not be compared to other investment because bitcoin investment is a decentralized investment that is best for long term(hodling)with the belief that the price will go to the moon.

Like what other investments? what investment is better than bitcoin?

You seem to be talking about down the road in your investment journey rather than any kind of investment prerequisite before getting started in terms of investing into bitcoin.