Topic: Buy the DIP, and HODL! - page 36. (Read 138702 times)

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.

Funny enough the whole essence of government is to make life easy and Worth living for the citizens, but when government begins to block opportunities citizens are supposed to explore, then it leaves us with a lot of reservation. This is one reason I salute the courage of a leader like Donald Trump, who has come out in full to support the Bitcoin Community at least with favourable policies he has promised to implement once he is sworn in as the President of America. If we can have leaders cut across board that have the mindset of Donald Trump when it comes to Bitcoin, trust me this brainwashed mindset some persons have towards Bitcoin would have reduced drastically by now.

Yes, we don't need to bother with things that disturb the community or some countries that are not friendly or anti-bitcoin. And it is better for us to focus on maximizing our opportunities in creating extraordinary profits and at the same time changing our finances or circumstances for the better because this is an extraordinary opportunity and anyone who wastes it will definitely regret it someday.

And as we know the growth and development of bitcoin continues to grow and also continues to be popular from time to time and this is real evidence that slowly or over time everyone and even countries realize that bitcoin is very useful and also profitable for those who use it, and they will even oppose the government in any way so that they can still use bitcoin if it is indeed prohibited because Bitcoin is freedom and can also help finances if done correctly and wisely. So just ignore those who still oppose or ignore this extraordinary Bitcoin, because it will not provide any benefit to us because Bitcoin will continue to exist and continue to grow and also benefit those who use it and will regret it for those who still ignore it.

Season greetings to you mate and a prosperous new year to all the buy the dip members, Surely even though this thread is not an Xmas celebrating thread like that of @fillipone's merry Xmas thread, but since we are always active here in this group, we will wish ourselves well this  festive period anywhere in the forum as long as we alive to see ourselves in good faith.  Chears to you all..

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 💚💚💚.

Merry Christmas 🎄 folks and happy holiday 

Been the first to say this here , feeeels goooood , they are going to be alot of up and down movement in the market today due to today celebration , but still every movement is an opportunity to stash more , let's keep thriving and hold as we enter another year of greens soon.


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   ) ,

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.

Bitcoin is indeed a very good and promising investment asset. But even so, not everyone believes in this, and likewise the government of a country, not all of them believe in bitcoin. I don't think we can blame people who don't believe in bitcoin, because that's their right. Especially when discussing government vs bitcoin, I think this is a bit inaccurate. Because in essence we don't need to bother making a comparison regarding countries that are pro-bitcoin and those that are not. Because I am sure that one day it is possible that a country that was previously not pro towards bitcoin could become pro towards bitcoin. Because basically Bitcoin has a very good system at the moment, so sooner or later it will definitely make more and more people interested, as well as countries. Therefore, now we don't need to think about this, because Bitcoin is here to bring peace, not hostility. So instead of criticizing the government of a country that is not pro towards bitcoin, it is better for us to look for more discretionary income so we can add to our portfolio in bitcoin.

Buddy it's a good thing that you admitted the lapses, saying that you have taken correction never to repeat such in the future has shown how ready you're to learn at all time, am won't blame you much because it seems you're new here and I believe that with time you will get converstamd or use to how things are been done here, personally I have reason of never mentioning cryptocurrency as part of Bitcoin and that because Bitcoin is a coin of its own and it has performed outrightly more than any coin anywhere so categorizing them as cryptocurrency isn't right, I see other cryptocurrency out there as very shitty to mention them here, i have never for once have the mindset of bitcoin being part of cryptocurrency, I think Bitcoin is a very unique digital asset thats trust assured, the only decentralized digital asset that have a good history of increasing overtime, some of it's characters are being mimicked by the so called cryptocurrencies but still they cant still get it right because Bitcoin is created in such a way that one can identify it anywhere, to that end it can only be Bitcoin nothing less and nothing more.

Provably that will happen to those skeptical country and can't blame them to think about that way since somehow there are forces that will stop them to adapt Bitcoin that's why the development of these kind of discussion is so slow.

Remember what IMF did to El Salvador? For sure that incident is other stopping factor on why other country doesn't want to engage with Bitcoin for now. But since America is stepping up in the scene and they are planning to make this country a more friendlier for Bitcoin then plan to make it as their global reserve then provably that many of big or small country will follow. US have great influence to make other country follow what they do.

And imagine what will happen if demand surge up due to that matter? For sure there would be a huge potential for a pump especially that Bitcoin supply is limited to 21 millions coins in circulation. So that gives us an idea already that its good to hold to get a better future with Bitcoin.

Bitcoin doesn't have a different function that is stronger than fiat. Bitcoin function and that of fiat is the same. Bitcoin is money in digital form, as fiat is money in physical form. We can touch and feel fiat, but we can't do that with bitcoin. But they both have the same functions. Their major differences are, fiat is centralised and unlimited in supply. While bitcoin is decentralised and limited in supply. But they both share same functions, which are payments for transactions be it goods or services. And the other one is for investment purposes in anticipation for future profits. Same way you can invest in bitcoin for future profits, is the same way you can invest your fiat for future profits in whatever business you choose to venture into. So I don't see other functions that bitcoin has that's stronger than fiat. Both has same functions, it's only their attributes that differs.

You’re not far from the truth, and i appreciate you for that. I completely agree that being self-aware and accepting personal responsibility in our investment is the backbone of making wise and inclined investment decisions making. Relying too much on external factors especially the government attitude like you mentioned can lead to poor decision-making as well as frustration to investors.

Remember that Bitcoin is as much about mindset as it is about money. To invest in Bitcoin wisely we should emphasize our interest in accumulation Bitcoin no matter the event, policy, or market movement. I will say DCA has proven to be more effective that any other strategy.

Interestingly I would say at the current stage of bitcoin their is little to no country that is absolutely against bitcoin, it could be said in the medias but behind the scenes governments of several countries are now becoming very interested in bitcoin but are literally interested in one area which is trying their possible best not just to buy bitcoin and hold but to have little control over it.

Some have made it obvious that they literally needs to go into bitcoin investment to settle debits from the increase in the price of bitcoin, they would want to only but bitcoin and dump it when they are satisfied, although there might be little countries that do not really care about bitcoin, they may not be underestimating bitcoin but they aren't fully aware of its benefits to the country and hence most and beginning to realise this and rush to into investing more into bitcoin.

It's no secret though, there are a lot of investors who are using this strategy to borrow money and uses real state like what Robert Kiyosaki says in his book. And again, smart investors have known this for years so Saylor is using it as well.

So he utilized Bitcoin now as it's the number 1 assets now. And then he pays the loans or perhaps the interest from their their annual profit. Repeat itself, and that's how he was able to buy. And if you look at this company, it had gained 400% this year alone, so with that profit he can surely pay of the loan that he take to buy BTC.

And their stocks mirror of that of Bitcoin, as they now become what we call a proxy company for BTC.

We really have a lot to learn from their strategy, and even the majority of us here, as average Joe investors, we can somewhat implement it.

I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries.

I'm more interested in good ideas to maintain the idea of ​​continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread.

It's useless, they do fud, they sell and they don't care about us at all.

For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government.

I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024.

The supply of btc is only 21 million coins, keep buying like saylor did

Most governments are busy trying to give you an idea of ​​your attraction to fiat growth regardless of your performance. Governments are very focused on increasing individual investment and expecting to get taxes. They are considering every sector seriously to increase the productivity of fiat. On the contrary if they continue to try to launch projects to increase Bitcoin, then the possibility of getting more interest for ordinary investors is for example El Salvador's President Nayib Bukele.

Bitcoin can provide a holder with financial freedom and help him to be more secure at the end of his life (retirement) if he stays in DCA strategy. The period is 4-10 years or more and I especially recommend Bitcoin savings for those who are financially independent and have little disposable income left. Friend, the negative campaign about Bitcoin has been going on since the beginning and it will continue forever and some governments of the world are delaying the adoption of Bitcoin. I am pretty sure that they will realize their mistake soon like Donald Trump.

Bitcoin success stories are spreading like wildfire, leading to an increase in the number of investors worldwide. While it is not easy for any government to adopt Bitcoin, there are efforts being made to make it difficult by some quarters who only study its negative aspects and are blind to.

I quite agree with you, the government of some countries are only threatened by the financial freedom Bitcoin gives, that's why there has been sponsored negative propaganda in some quarters. but one thing they are quick to forget is the fact that, the knowledge and the success stories of Bitcoin is growing fast like a wildfire, people are more interested in business and investment that will give them profit in a long term especially the ones government cannot gag and Bitcoin possesses that might. We all know that it will be hard for the government to accept the new normal, but there nothing they can do.

You are wrong; in the past years, a lot of institutions have been busy accumulating bitcoin, and they already figured out what bitcoin could achieve in the long run and the benefits of investing in bitcoin. Maybe you are new to bitcoin; that is why you are knowing that big institutions are investing in bitcoin now. And if you had registered on X, informally known as Twitter, a long time ago, you would have seen where all these social media influencers post about big institutions investing in bitcoin. The reason why it looks like it is only MSTR that is very serious in accumulating bitcoin is that they make their bitcoin investment open, and they also make a post on their X handle anything they purchase bitcoin, which will allow a lot of people to be aware of their bitcoin investment.

In fact no one can control Bitcoin, So people in countries where Bitcoin is illegal still invest in Bitcoin and do Bitcoin transactions. As you mentioned bitcoin is illegal in your country yet there are people exchanging bitcoin. I think that, Bitcoin is traded in almost most countries of the world and most people know about Bitcoin and invest in Bitcoin.
Yes they are investing in DCA method but they are not only investing in November and December but also in other times of the year they are regularly investing in bitcoins. They bought more bitcoins in November than any other month. Moreover, it is not yet clear when they will sell bitcoins.

Michael Saylor Predicts Bitcoin Will Reach $13 Million Per Coin

It is okay dude, I think I understand sometimes we can have a slip of tongue though all these we are doing put together will amount or will fall inside Cryptocurrency but inside of it what we discuss, our interest or perhaps our main focus is in Bitcoin, one of the best asset ever known as it stance now. You are not completely wrong neither are you completely right but for clarity and newbie sake use the word Bitcoin so that they don't misunderstood or get confused along the line since they are just starting because what leads people into success and failure is information that's why they said information is very powerful so as knowledge because it is through information you acquired knowledge.

Politics is a game of interest and politicians have interest to control and tax your money as they wish. Bitcoin removes such control from them, although most of us still pay tax to even governments which are not fully in support of Bitcoin like my country. Being your own bank and managing your funds by yourself against the traditional banking system pattern is a good value added to Bitcoin.

You can agree with me that the government cares very little about our financial future and we must take charge of it ourselves by continuously investing into Bitcoin with available discretionary income, armed with an accumulation target and a long term plan which gives us more financial security even for a longer time more than any governmental institution can and it's more reason we need to prioritize it and continue to accumulate more stashes of freedom(Bitcoin) for a longer period of time to further boost our financial future.

This is a serious bitcoin discussion thread, and it is not advisable if you bring up the talk of cryptocurrency in this thread because cryptocurrency can never be compared to king bitcoin. If you are referring to bitcoin, it will be better to use the word bitcoin so that newbies will get a clear picture of what you are really talking about, so that they will not see cryptocurrency as something that is worth investing their money in. There are so many threads in the forum where cryptocurrency discussion is going on. In case you still want to learn about cryptocurrency, you can go to those threads and share your idea about cryptocurrency. In the world of bitcoin investment, there is no right time to invest in bitcoin than to invest in bitcoin right away when your money is readily available.