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Topic: Buy the DIP, and HODL! - page 9. (Read 128840 times)

sr. member
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December 11, 2024, 01:43:51 PM
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19
I cannot say how realistic it is for a person to hold an investment for 30 years. Maybe for a young person who is 20-25 years old, it may be fruitful to hold an investment for 30 years or more. But I cannot say whether it will be fruitful for a middle-aged person to hold an investment for 30 years. The biggest question is whether he will live to enjoy his investment after completing the 30-year period. Even if he lives, there is a doubt whether he will be able to enjoy that money. If an investor's investment does not work for him, then I consider the value of that investment to be zero.
You cant proclaim that if an investor does not enjoy his investment then you see it as zero. Don't forget that investing in bitcoin does not only mean we are investing for ourselves, we are also investing for the future, and this future may not be us, but our children or loved ones.  There are times when investors has passed a certain age where their investment doesn't not matter to them anymore on how to enjoy it or not, because most investors are already rich or are aged And don't boxer about themselves  but decided to keep their asset for their children or family to inherit it.  Bitcoin investment is a future investment which even the investor does not know when he will die.  And investor may even die without reaching the said 30years prior. I just want you to know that investing  and hodling for 30years is not only for our Personal use but for the future which includes your family. even if you are no more and your family enjoys it, it is for the betterment of your family. And not for anyone else.

I will definitely want to leave some part of the investment for my inheritance, but not the whole.
Sorry if I may ask, if death knocks on your door will you still take some bitcoin with you? You sound as if when you die you will go along with some part of your bitcoin.  How funny you are.


hero member
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December 11, 2024, 12:26:43 PM
Once we follow the required the pattern to go about in making an investment, then we are going to receive the benefits therein because we are almost going to be at the very top of all we are doing, we are going to invest at the right time, because we know the required speculation needed at that particular time.
There is no right tine to start your bitcoin investment because whenever you have the money available, you start right away and not monitoring the market to buy at the dip. This is why we have the DCA strategy to help use buy bitcoin with our discretionary income every week constantly without stress. A new investor that wants to invest in bitcoin and has sorted out how much of his discretionary income is convenient for him to buy bitcoin regularly overtime should start right away and don't miss the opportunity in the market because no one knows the direction bitcoin price will go to in the next moment.

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if we are the type that trade, our trades is going to be a profitable one because we must have seen or sense the coming market sentiment and resistance before any reaction is made.
From your statement above, I knew that was coming from a traders mindset. Trading is gambling and no matter how you think that you can outsmart the market, you will run at loss in the long run. Bitcoin long term investment is superior to trading and will multiple your bitcoin investment in the long run, while trading is the opposite, because you cannot know the price movement of bitcoin which is the magic that makes traders run at loss and not an option for anyone who is ready to build wealth for his future.

New investors should stay away from trading because it will burn you, rather only invest in bitcoin and stay focus on accumulating more bitcoin with your regular DCA overtime for 4-10 years and above for the future. Everybody that understands bitcoin better is becoming hodlers and those who don't understand bitcoin but feel they do will see trading as an option, and will regret in the future.
hero member
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December 11, 2024, 11:17:39 AM
Once we follow the required the pattern to go about in making an investment, then we are going to receive the benefits therein because we are almost going to be at the very top of all we are doing, we are going to invest at the right time, because we know the required speculation needed at that particular time, if we are the type that trade, our trades is going to be a profitable one because we must have seen or sense the coming market sentiment and resistance before any reaction is made.
full member
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December 11, 2024, 11:11:18 AM
For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19

Can't imagine if I can able to wait for 30 years investment since I don't know if I'm still alive at that time. What's suitable for me is 10 years time span for my Bitcoin investment since somehow I also want to enjoy the results of the efforts I made from my Bitcoin investment. This is also been recommended when it comes to the length of investment if we decide to hold our Bitcoin for long time.

But totally no question that holders always win when we talk about Bitcoin investment, We also need to pay attention on our priorities since doing excessive things may provably bring us bad results. Anyways that's one of good stories we can look forward and there's always good thing to happen to those people who's willing to wait.
You should definitely enjoy the results of successful investment and you should be more attentive to investing in Bitcoin to enjoy those results. First of all, why should you take the strategy of accumulating Bitcoin for 4-10 years? This thread constantly discusses investment strategies based on financial capacity and recommends accordingly. The strategy of accumulating Bitcoin in the long term and continuously is so that you can live a better life in the future. You are accumulating Bitcoin from your discretionary income and at the same time, you are responsible for maintaining your family and after reaching the desired target, you will have a stronger and more stable financial solvency from the Bitcoin stash.
Secondly, the age limit of Bitcoin stashing can be further increased based on your physical performance and it is recommended to increase the cycles. The appropriate and fair remuneration for Bitcoin holders is a huge backup of money during retirement, which may not have been so huge in other investments.
sr. member
Activity: 476
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December 11, 2024, 11:05:34 AM
But in a situation where a life threatening sickness hits an investor, and the money in his reserved and emergency funds account are not enough, and more money is needed, you don't turn to your bitcoin first.

What you are saying is very laughable, how could you say that somebody who has a life threatening sickness should leave the only alternative they have to survive into looking for another thing, do you even no if the sickness is very severe that if not treated the person may not last for a day?, actually your advice is just like having a full truck of money but refuses to pay for his medication because of what you plan for it, however I no that we have been discussing how important for us not to tamper with our Bitcoin investment but we did say that if you ran out of option of saving your life you should not sell some of it to safe your life, so actually is only good health that would make you to continue your Bitcoin investment so why joke with it, even if you removed some money from it you can still replace it later when you are better.
hero member
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_""""Duelbits""""_
December 11, 2024, 10:48:12 AM
Buy and HODL only the REAL Bitcoin, BTC, BTC

Wind_FURY don't you think that this is the right time to change the subject to "Buy Bitcoin and HODL" because i don't see the price of Bitcoin DIPPING anytime soon considering the fact that $100k has been reached, and the price may not DIP below $90k because since it got to $100k, there has not been any major corrections which means that a lot of investors are still holding their Bitcoins. Moreover, at the price of Bitcoin now, we can't call it a DIP price anymore because it's damn expensive, if a DIP will happen it will be after this bullish cycle and we enter into a bearish market, maybe until then you can change back the topic to "Buy the DIP and HODL.

I know that since Bitcoin has gotten to $100k, the next rally is $1M which is to say that anyone who buys Bitcoin now still bought at a cheaper price but it may take a long time before the $1M milestone will be reached.
Seeing that the discussion continues to develop and leads to the same thing after a long time I think the title is ultimately not a barrier and I agree with what Wind_FURY said rather than focusing on the condition of the title which in the end it becomes troublesome for each time it changes then the title is like this we already know where it is going.

Now the price is $100k and we are still bullish but this title is still reasonable because it could be a dip for the future or those who are still doing DCA purchases that continue to be done things like this do not interfere with their activities so regardless of the title I think all of us who have been in this thread for a long time must understand even if we do not change the title in the thread.

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December 11, 2024, 10:44:41 AM
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19
I cannot say how realistic it is for a person to hold an investment for 30 years. Maybe for a young person who is 20-25 years old, it may be fruitful to hold an investment for 30 years or more. But I cannot say whether it will be fruitful for a middle-aged person to hold an investment for 30 years. The biggest question is whether he will live to enjoy his investment after completing the 30-year period. Even if he lives, there is a doubt whether he will be able to enjoy that money. If an investor's investment does not work for him, then I consider the value of that investment to be zero. I will definitely want to leave some part of the investment for my inheritance, but not the whole.

Enjoying the investment does not mean that you will spend and eat the investment money. After two cycles or three cycles, I will prefer to do real estate business with the investment money. This will give me a new identity and create a source of income after retirement. A 20-25 year old young man can prepare for his retirement by holding on to his investment for 30 years at the age of 50-55, so his long-term investment can be fruitful. However, I have a question about how fruitful a long 30 year investment will be for a middle-aged person who is about 35-40 years old, maybe this investment can be fruitful for his children. There is a question about whether you will be able to enjoy or transfer your investment at the age of 65-70, and even how much your successor will value your 30 year investment, this is definitely a matter of concern. So I would give the highest priority to 10-12 year investment instead of such a long-term investment.
sr. member
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December 11, 2024, 10:29:11 AM
For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19

Can't imagine if I can able to wait for 30 years investment since I don't know if I'm still alive at that time. What's suitable for me is 10 years time span for my Bitcoin investment since somehow I also want to enjoy the results of the efforts I made from my Bitcoin investment. This is also been recommended when it comes to the length of investment if we decide to hold our Bitcoin for long time.

But totally no question that holders always win when we talk about Bitcoin investment, We also need to pay attention on our priorities since doing excessive things may provably bring us bad results. Anyways that's one of good stories we can look forward and there's always good thing to happen to those people who's willing to wait.

I want to ask you that do you have any guarantee that you will be in profits in that 10 years? as for me I will say that there is no guarantee that you will be in profits in 10 years even if you will be but you have to know that there is no guarantee as to that regards one of the reasons why it is always advisable to project a long term investment for as long as necessary, perhaps there is also possibility that when it get to that 10 years you can also decide to keep holding even when you in profits, my point is that there is possibility of not being in profit at the time we might be planning to sell.
10 years is the target for most people in investing in any form and it does not mean that the target will be exactly 10 years and it is just a target that allows 10 years to be an ideal investment in terms of profit. And I think 10 years is a good choice if we invest in Bitcoin because we will go through two cycles that we know every cycle the price of Bitcoin always rises above the price of the previous cycle, and this is inevitable if we look at its track record. So 10 years is a good choice to get good profits and also very suitable for those who already have a family because it can be used for retirement security and this is very suitable for my age which is 40+ and it does not mean that after 10 years of utilizing Bitcoin investment I don't do it anymore, and as I said 10 years is a target and after that we can start again or just take profit and it all depends?
hero member
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December 11, 2024, 10:12:34 AM
For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19

Can't imagine if I can able to wait for 30 years investment since I don't know if I'm still alive at that time. What's suitable for me is 10 years time span for my Bitcoin investment since somehow I also want to enjoy the results of the efforts I made from my Bitcoin investment. This is also been recommended when it comes to the length of investment if we decide to hold our Bitcoin for long time.

But totally no question that holders always win when we talk about Bitcoin investment, We also need to pay attention on our priorities since doing excessive things may provably bring us bad results. Anyways that's one of good stories we can look forward and there's always good thing to happen to those people who's willing to wait.

I want to ask you that do you have any guarantee that you will be in profits in that 10 years? as for me I will say that there is no guarantee that you will be in profits in 10 years even if you will be but you have to know that there is no guarantee as to that regards one of the reasons why it is always advisable to project a long term investment for as long as necessary, perhaps there is also possibility that when it get to that 10 years you can also decide to keep holding even when you in profits, my point is that there is possibility of not being in profit at the time we might be planning to sell.
I believe that 10 years is long-term and anyone that take his bitcoin accumulation journey seriously and accumulate bitcoin through DCA and he is persistent and consistent in his bitcoin investment for that duration should be in profit even though it's not guaranteed, because the odd of bitcoin price moving uptrend is higher than moving downtrend. Investors that started their bitcoin investment since 2024 are already in profit without selling because the price of bitcoin is 2020 is not up to what the price is currently.

One advantage of investing in bitcoin is that as time passes on, the price of bitcoin increases overtime, because bitcoin is still young and is growing gradually to become more matured in future. This is how your bitcoin portfolio will grow high as bitcoin is maturing and for that reason, I think anyone that invest and hodli bitcoin for 10 years will be in profit. Big tech firms and some country government are now seeing bitcoin to be used as reserve because it's an hedge to inflation.

However, the size of your bitcoin portfolio is what matters in future, if after 10 years, you haven't accumulated enough Bitcoin as you want, there's nothing bad for you to continue buying more bitcoin to increase your bitcoin stash.
sr. member
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December 11, 2024, 08:05:19 AM
For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19

Can't imagine if I can able to wait for 30 years investment since I don't know if I'm still alive at that time. What's suitable for me is 10 years time span for my Bitcoin investment since somehow I also want to enjoy the results of the efforts I made from my Bitcoin investment. This is also been recommended when it comes to the length of investment if we decide to hold our Bitcoin for long time.

But totally no question that holders always win when we talk about Bitcoin investment, We also need to pay attention on our priorities since doing excessive things may provably bring us bad results. Anyways that's one of good stories we can look forward and there's always good thing to happen to those people who's willing to wait.

I want to ask you that do you have any guarantee that you will be in profits in that 10 years? as for me I will say that there is no guarantee that you will be in profits in 10 years even if you will be but you have to know that there is no guarantee as to that regards one of the reasons why it is always advisable to project a long term investment for as long as necessary, perhaps there is also possibility that when it get to that 10 years you can also decide to keep holding even when you in profits, my point is that there is possibility of not being in profit at the time we might be planning to sell.
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December 11, 2024, 08:04:24 AM
Bitcoin investment is a continuous process and not limited only to DIPs so long as you invest discretionarily. market changes continuously and rewards long-term investors. Bitcoin may not really fall dramatically to create a dip as any further progress and peak value renders the current price a dip. HODL to maximise over the period of times.
hero member
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Jack of all trades 💯
December 11, 2024, 07:17:27 AM
For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19

Can't imagine if I can able to wait for 30 years investment since I don't know if I'm still alive at that time. What's suitable for me is 10 years time span for my Bitcoin investment since somehow I also want to enjoy the results of the efforts I made from my Bitcoin investment. This is also been recommended when it comes to the length of investment if we decide to hold our Bitcoin for long time.

But totally no question that holders always win when we talk about Bitcoin investment, We also need to pay attention on our priorities since doing excessive things may provably bring us bad results. Anyways that's one of good stories we can look forward and there's always good thing to happen to those people who's willing to wait.
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December 11, 2024, 06:28:09 AM

Your point per discipline is inevitable when it comes to investment in general mostly the most valuable like that if Bitcoin, but my point of argument or opinion remain that if what emergency fund can't not resolve because there is not amount of fund that can take care of unforseen circumstances like life threatening, if you have not seen heavy investors hit with life threatening who sold their properties and many belongings even seek public contribution inorder to save their life I I have witnessed even hear some through news or Media sorry to use this common example of a Nigeria actor who was hit with illness that leads to amputation of his leg the man called john okafor popularly known as Mr ibu , the public made some donation and he lost his life if such a person has Bitcoin as asset and selling it could save his life you think he will reserve it and died because of long time holding, when I said life threatening it really entails life issue with deep sense of details. Sorry to use the particular scenario assuming a man kept emergency fund that is not up to what a kidnapper who adopted him is looking for and no means to get the demand, you mean such person should die and leave the Bitcoin unsold if he practice Long holding where means of selling and get released can be made, for me it's unwise.
If you have been a regular follower of this thread you shouldn't be sounding this way, because issues like this has long been dealt with here in the past. Well let me educate you more on this matter. The reason why we have reserved funds and emergency funds is that our bitcoin holding should not be the first alternative that comes to our mind incase of any unplanned emergencies that may come up in the future. Since we don't want anything that will disrupt our bitcoin holdings/accumulations, hence we make provisions for reserve and emergency funds. But in a situation where a life threatening sickness hits an investor, and the money in his reserved and emergency funds account are not enough, and more money is needed, you don't turn to your bitcoin first. You have to look for alternative means to raise more money, either by getting a loan from the bank or relatives.

If that is not possible, you should think of any landed properties to sell to raise the money. If there is no property to sell, and there is no other way to get a loan from bank or friends and relatives, you can take money from your business account, that's why multiple sources of income are encouraged for all investors. When other options are exhausted and no way to raise the money, then you can think of disposing your bitcoin to save your life. The point is this, your bitcoin should be the last option of raising funds if you find yourself in situations like that. You should not rush and dispose your bitcoin without trying to raise money from other sources first, even though health ground is a good reason to dispose your bitcoin investment premature.

This is just bullshit , I know holding Bitcoin for long is a prior when comes to been a Bitcoin investor, but the fact still remains that your health should be put first , your emergency funds was not enough to coverup such emergency ( life threatening) and you have some Bitcoin stash that you can run to when comes to the worse . Is not everyone that have properties or people to run to mate and I won't advice carrying loan to solve such issue , because you are endangering your health more because I believe with that loan you won't be able to have any peace of mind, imagine someone that just survived a life threatening event, don't have any peace mind due to thinking on he or she can pay back such loan .

The best to do is to sell from that Bitcoin to handle such emergency, because a dead man can't accummulate Bitcoin , but with time you can be able to replace the amount of bitcoin you sold back but not at same price rate but doesn't matter aslong you where able to handle that emergency, because we should know how to differenciate need from want , always prior your health, doesn't mean you will start tampering with bitcoin in any slight expenses.

You are absolutely right, health is wealth talking about the kind of health situation that would make us to sell some of our Bitcoin if we have exhausted our emergency funds are not children anymore everyone has his or her limit, if you are facing a serious health challenge which has sucked all your emergency funds and still needs more money to handle it and you don't have money anymore and no assistance from anyone that is when you need to dip hands into your Bitcoin, however if the situation is not that serious and the doctors confirm you can come when ever you have money or you receive your salary then no need to dip hands into your Bitcoin.
Our health should be taken more serious because no life no investment the only reason why will are still accumulating Bitcoin is because we are still alive a dead person can't, just like I_Anime said you can still recover everything if you are still alive and accumulating.
Anyone who has a good amount of Bitcoin that if sold could have helped to take care of his or her medical situation and refuse to sell those not value his self or anyone, if you die and nobody knows the password to your wallet it means your Bitcoin will waste and body can access it then if someone knows your password it means another person will enjoy it for you.
So do what ever you can do to stay alive and that include selling of your Bitcoin because if you survive you can still accumulate more even more than you did before.
sr. member
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December 11, 2024, 04:58:17 AM
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Yet I can assure you that Fear is what is holding most of the investors who are yet to invest, back to investing in Bitcoin, they believe one day it will crash just as they've been believing since Bitcoin @10k Tongue I hope they know they facked up when it hit the recent 100k...
If fear is the reason why some people are still yet to invest it means bitcoin investment is not for them and they can never invest bitcoin in fears. Let those who have the understanding of bitcoin continues with the opportunity of buying more bitcoin and hodl. Those who are scared of buying bitcoin in due time they will have the understanding and learn from their mistakes. If people are scared of buying bitcoin it means they have no understanding of what bitcoin is and you can't do anything about  it.
Before starting investment, many may be hesitant in the initial stage due to which many are disagreeing to invest and many are afraid to invest. These trends are mainly due to their lack of knowledge about investing or Bitcoin. To those who are afraid to invest in Bitcoin, we should properly explain that Bitcoin investment is the safest and if you can invest in this Bitcoin for a long time, you will definitely get success from here. Since bitcoin investment is to be done for long term so make it long atleast 4-6 Year.

For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  
At least, I mentioned it, tried to explain it by saying that hold the investment for a minimum of four years (Next Halving) and he can extend his investment for a longer period if he wants, may be 10/20, even 30 years. It is possible for him. Long-term Bitcoin investment can take everyone to a higher peak of success.

This tweet is an example of how long-term Bitcoin investing can bring success to anyone; A person on Twitter has shared his 8 long years of experience in Bitcoin investing and the success he has gained from investing. He mentions that he invested $86,250 in Bitcoin, patiently held Bitcoin for a long time and now his Bitcoin investment portfolio has grown by +898.77%.

Twitter: https://x.com/regothetrader/status/1855234677491073122?t=rTOvOCYIo6Sj83e2t8py_A&s=19
hero member
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December 11, 2024, 03:42:16 AM
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Your suggestion hardly makes any sense.

This thread was started during an upwards trend in the price, so the suggestion back then was to buy any dip that happens, while the TC price was seeming to trend up, and in fact between the beginning of April 2019 until the end of June 2019, the BTC price went from $4,200 to $13,880, so it is was quite a ride during the first three months of this thread.

Even if we are in price discovery territories, there can always be dips, yet anyone brand new to bitcoin should not be focusing on buying dips, but instead focusing on buying bitcoin regularly, persistently and consistently,. whether it dips or not for the next 4 years or more.

There are always going to be contemplations from newbies how they engage in their BTC accumulation strategy, including questioning themselves whether they should wait to buy dips or to just buy regularly, and surely many of us might not even necessarily agree in regards to which BTC accumulation strategies to follow.. while at the same time, it seems a bit schizophrenic to be changing the name of the thread based on BTC market dynamics or perceptions of market dynamics.

And there was a discussion quite a while ago that it's impossible to know what a dip is. At best it would be measured in subjective terms, but then in relative terms I guess it would hardly make sense to wait for self-defined dips. Just from my own experience, at this point I would say those who have been around for a while would a price dump from $100k to $90k call a dip, maybe rather a small dip, but then it is still only 10% and the risk that instead it could have went up 20% giving you a weaker entry point probably outweighs the potential to catch a "dip" in the perfect moment.

If for some reason someone has credible information, which I think hardly anyone has except for maybe US politicians if they were to start a major campaign for or against bitcoin, then for god's sake go and try your luck. But I saw major bitcoin investors being wrong and if some of them don't have credible information that allows them to play the market, then 99.999% of other people don't have credible information.

I remember when these technical analyses on Youtube and Twitter were a thing and people followed those "experts" in the millions. As far as I can tell this trend has significantly decreased, but some people will still follow some lines drawn by some self-proclaimed expert and then try to catch the dip...

I believe there are at least as many people who missed the train at $70k because they were waiting for it to go to $60k or even $50k as there were people who had made up their mind and decided to take the opportunity regardless of whether there could be a drop that some might consider a dip. It is almost enough to assume that bitcoin will remain volatile for a long time, which means buying when the price is on its way up will be neutralized by buying when it is on its way down and then again on its way up. In order to lose, bitcoin would literally have to crash nonstop from the day on where someone decided to get in. How likely is that...?
sr. member
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December 11, 2024, 03:29:39 AM

Your point per discipline is inevitable when it comes to investment in general mostly the most valuable like that if Bitcoin, but my point of argument or opinion remain that if what emergency fund can't not resolve because there is not amount of fund that can take care of unforseen circumstances like life threatening, if you have not seen heavy investors hit with life threatening who sold their properties and many belongings even seek public contribution inorder to save their life I I have witnessed even hear some through news or Media sorry to use this common example of a Nigeria actor who was hit with illness that leads to amputation of his leg the man called john okafor popularly known as Mr ibu , the public made some donation and he lost his life if such a person has Bitcoin as asset and selling it could save his life you think he will reserve it and died because of long time holding, when I said life threatening it really entails life issue with deep sense of details. Sorry to use the particular scenario assuming a man kept emergency fund that is not up to what a kidnapper who adopted him is looking for and no means to get the demand, you mean such person should die and leave the Bitcoin unsold if he practice Long holding where means of selling and get released can be made, for me it's unwise.
If you have been a regular follower of this thread you shouldn't be sounding this way, because issues like this has long been dealt with here in the past. Well let me educate you more on this matter. The reason why we have reserved funds and emergency funds is that our bitcoin holding should not be the first alternative that comes to our mind incase of any unplanned emergencies that may come up in the future. Since we don't want anything that will disrupt our bitcoin holdings/accumulations, hence we make provisions for reserve and emergency funds. But in a situation where a life threatening sickness hits an investor, and the money in his reserved and emergency funds account are not enough, and more money is needed, you don't turn to your bitcoin first. You have to look for alternative means to raise more money, either by getting a loan from the bank or relatives.

If that is not possible, you should think of any landed properties to sell to raise the money. If there is no property to sell, and there is no other way to get a loan from bank or friends and relatives, you can take money from your business account, that's why multiple sources of income are encouraged for all investors. When other options are exhausted and no way to raise the money, then you can think of disposing your bitcoin to save your life. The point is this, your bitcoin should be the last option of raising funds if you find yourself in situations like that. You should not rush and dispose your bitcoin without trying to raise money from other sources first, even though health ground is a good reason to dispose your bitcoin investment premature.

This is just bullshit , I know holding Bitcoin for long is a prior when comes to been a Bitcoin investor, but the fact still remains that your health should be put first , your emergency funds was not enough to coverup such emergency ( life threatening) and you have some Bitcoin stash that you can run to when comes to the worse . Is not everyone that have properties or people to run to mate and I won't advice carrying loan to solve such issue , because you are endangering your health more because I believe with that loan you won't be able to have any peace of mind, imagine someone that just survived a life threatening event, don't have any peace mind due to thinking on he or she can pay back such loan .

The best to do is to sell from that Bitcoin to handle such emergency, because a dead man can't accummulate Bitcoin , but with time you can be able to replace the amount of bitcoin you sold back but not at same price rate but doesn't matter aslong you where able to handle that emergency, because we should know how to differenciate need from want , always prior your health, doesn't mean you will start tampering with bitcoin in any slight expenses.
sr. member
Activity: 448
Merit: 351
December 11, 2024, 01:37:07 AM

Your point per discipline is inevitable when it comes to investment in general mostly the most valuable like that if Bitcoin, but my point of argument or opinion remain that if what emergency fund can't not resolve because there is not amount of fund that can take care of unforseen circumstances like life threatening, if you have not seen heavy investors hit with life threatening who sold their properties and many belongings even seek public contribution inorder to save their life I I have witnessed even hear some through news or Media sorry to use this common example of a Nigeria actor who was hit with illness that leads to amputation of his leg the man called john okafor popularly known as Mr ibu , the public made some donation and he lost his life if such a person has Bitcoin as asset and selling it could save his life you think he will reserve it and died because of long time holding, when I said life threatening it really entails life issue with deep sense of details. Sorry to use the particular scenario assuming a man kept emergency fund that is not up to what a kidnapper who adopted him is looking for and no means to get the demand, you mean such person should die and leave the Bitcoin unsold if he practice Long holding where means of selling and get released can be made, for me it's unwise.
If you have been a regular follower of this thread you shouldn't be sounding this way, because issues like this has long been dealt with here in the past. Well let me educate you more on this matter. The reason why we have reserved funds and emergency funds is that our bitcoin holding should not be the first alternative that comes to our mind incase of any unplanned emergencies that may come up in the future. Since we don't want anything that will disrupt our bitcoin holdings/accumulations, hence we make provisions for reserve and emergency funds. But in a situation where a life threatening sickness hits an investor, and the money in his reserved and emergency funds account are not enough, and more money is needed, you don't turn to your bitcoin first. You have to look for alternative means to raise more money, either by getting a loan from the bank or relatives.

If that is not possible, you should think of any landed properties to sell to raise the money. If there is no property to sell, and there is no other way to get a loan from bank or friends and relatives, you can take money from your business account, that's why multiple sources of income are encouraged for all investors. When other options are exhausted and no way to raise the money, then you can think of disposing your bitcoin to save your life. The point is this, your bitcoin should be the last option of raising funds if you find yourself in situations like that. You should not rush and dispose your bitcoin without trying to raise money from other sources first, even though health ground is a good reason to dispose your bitcoin investment premature.
sr. member
Activity: 308
Merit: 256
December 11, 2024, 01:28:15 AM
Buy and HODL only the REAL Bitcoin, BTC, BTC
Wind_FURY don't you think that this is the right time to change the subject to "Buy Bitcoin and HODL" because i don't see the price of Bitcoin DIPPING anytime soon considering the fact that $100k has been reached, and the price may not DIP below $90k because since it got to $100k, there has not been any major corrections which means that a lot of investors are still holding their Bitcoins. Moreover, at the price of Bitcoin now, we can't call it a DIP price anymore because it's damn expensive, if a DIP will happen it will be after this bullish cycle and we enter into a bearish market, maybe until then you can change back the topic to "Buy the DIP and HODL.

I know that since Bitcoin has gotten to $100k, the next rally is $1M which is to say that anyone who buys Bitcoin now still bought at a cheaper price but it may take a long time before the $1M milestone will be reached.

Your suggestion hardly makes any sense.

This thread was started during an upwards trend in the price, so the suggestion back then was to buy any dip that happens, while the TC price was seeming to trend up, and in fact between the beginning of April 2019 until the end of June 2019, the BTC price went from $4,200 to $13,880, so it is was quite a ride during the first three months of this thread.

Even if we are in price discovery territories, there can always be dips, yet anyone brand new to bitcoin should not be focusing on buying dips, but instead focusing on buying bitcoin regularly, persistently and consistently,. whether it dips or not for the next 4 years or more.

There are always going to be contemplations from newbies how they engage in their BTC accumulation strategy, including questioning themselves whether they should wait to buy dips or to just buy regularly, and surely many of us might not even necessarily agree in regards to which BTC accumulation strategies to follow.. while at the same time, it seems a bit schizophrenic to be changing the name of the thread based on BTC market dynamics or perceptions of market dynamics.

I quite agree with you on this considering the fact that the discussion of the thread has not really been centered on a based Bitcoin accumulation process but on different strategic concernment that may tend to facilitate and maximize Bitcoin accumulation, perhaps no one can confidently and certainly predict what will be Bitcoin next move hence changing the name of the thread from time to time based on Bitcoin market dynamics or perception can really cause some unnecessary arguments which I believe that has already happened just few months ago if I can vividly remember.
sr. member
Activity: 434
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Enjoy 500% bonus + 70 FS
December 11, 2024, 12:46:53 AM
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Yet I can assure you that Fear is what is holding most of the investors who are yet to invest, back to investing in Bitcoin, they believe one day it will crash just as they've been believing since Bitcoin @10k Tongue I hope they know they facked up when it hit the recent 100k...
If fear is the reason why some people are still yet to invest it means bitcoin investment is not for them and they can never invest bitcoin in fears. Let those who have the understanding of bitcoin continues with the opportunity of buying more bitcoin and hodl. Those who are scared of buying bitcoin in due time they will have the understanding and learn from their mistakes. If people are scared of buying bitcoin it means they have no understanding of what bitcoin is and you can't do anything about  it.
Before starting investment, many may be hesitant in the initial stage due to which many are disagreeing to invest and many are afraid to invest. These trends are mainly due to their lack of knowledge about investing or Bitcoin. To those who are afraid to invest in Bitcoin, we should properly explain that Bitcoin investment is the safest and if you can invest in this Bitcoin for a long time, you will definitely get success from here. Since bitcoin investment is to be done for long term so make it long atleast 4-6 Year.

For me I will say 4-6 years is not  enough for a person who who has the least target, according to how we have been discussing previously, the least investing period is 4-10years and at most 10-30years above.  

They should also understand that investing in Bitcoin does not require much knowledge or even much money. A person can continue his investment by attaining financial stability or by finding means of income and proper planning.
That's true, getting started to invest in bitcoin required a good steady job to maintain his financial strenght and he should invest the amount he can afford to lose with his discretion fund. Knowing that bitcoin investment is a long term journey.
sr. member
Activity: 266
Merit: 205
December 11, 2024, 12:29:00 AM
Buy and HODL only the REAL Bitcoin, BTC, BTC

Wind_FURY don't you think that this is the right time to change the subject to "Buy Bitcoin and HODL" because i don't see the price of Bitcoin DIPPING anytime soon considering the fact that $100k has been reached, and the price may not DIP below $90k because since it got to $100k, there has not been any major corrections which means that a lot of investors are still holding their Bitcoins. Moreover, at the price of Bitcoin now, we can't call it a DIP price anymore because it's damn expensive, if a DIP will happen it will be after this bullish cycle and we enter into a bearish market, maybe until then you can change back the topic to "Buy the DIP and HODL.

I know that since Bitcoin has gotten to $100k, the next rally is $1M which is to say that anyone who buys Bitcoin now still bought at a cheaper price but it may take a long time before the $1M milestone will be reached.


Perhaps, but do I have to change the title back and forth if Bitcoin does DIP again, then when it isn't again? That would laughable because another bear cycle will definitely come, and it's another cycle of reminding everyone that we plebs should be buying those bear market DIPs with a LARGE portion of our savings. Cool

The original title of the topic was "Buy every DIP". But that was during 2019 when it was actually the year to buy every DIP. I changed to the more traditional Bitcoin phrase, "Buy the DIP, and HODL".
Yea you are actually right and I also share the same sentiment as you bro, it's pointless changing the name of the thread constantly, because the current title which is buy the dip and hodl serves a better illustration in when their is a dip and when the value of Bitcoin is on the rise or it's up, so it's needless changing it up and down, we aren't kids anymore, let it remains at it is.
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