Topic: Buy the DIP, and HODL! - page 96. (Read 121980 times)

I understand a little better after you explained it, that liquidation can be linked to various contexts in terms of investments made. Of course you are right, if we make a mistake and cash out BTC, of ​​course that is something we don't want. For this reason, I want to strengthen my investment foundation with the power of reserve money which I am ready to prioritize for anything that happens to my investment.
I will use the reserve money well to buy bitcoin when the price drops further, but I will also take it if I need money for life needs which may be quite urgent and we don't need to cash out BTC.

On the one hand, I do invest with a budget of 10% of my income so that in the 1.5 years that I have passed there have been no obstacles that have disturbed my finances in terms of my daily living needs.

And hopefully there will be no mistakes I will make. I plan to make this investment an investment for my children when they grow up.

At first will say it was misspelt instead of HOLDING , he wrote it as HODLING. But now is a slang well known in this space , some will say "holding for dear lives", But you can make use as the both when it comes to keeping yah asset for long in this space. Well we all seen the recent dip in market, the market is bleeding. But still I'm composed because I know what am holding (bitcoin) , not any random shitcoins, so I'm cool , I will just keep playing my role in accumulating more and hope you guys are doing the same . This ain't the time to panic, to stack in more coins.

You are absolutely correct and we all know that every field or discipline has there term or language so this particular word HODL, is a Bitcoin ( crypto) term which means that we shouldn't sell our coin when markets go down or become volatile, it can also mean to buy and hold. I don't know what you mean by hodlers and I don't think if there's something like that, seeing what ordinary investor can not see doesn't mean  what that investors sees is certain and if possible I will like you to emphasis more on what you mean by ordinary investor.

Note: there's no difference between HODL and HOLD they both mean same thing, just that HODL is not an English word but they both is/are talking about keeping something.

HODL is just an acroynm which means, hold on for dear life. Each letters represent a word of it's own. Irrespective of what is happening in the bitcoin market Hodlers  are not concerned or bothered by it. People who Hodl are long term investors that doesn't care about what happens with bitcoin prices. they are not just motivated to path ways with it. Hodlers are investors who see what ordinary investors are not seeing. That's why it is spelt differently from Hold. Anybody can hold bitcoin, but not everyone can hold on for dear life.

I agree with you at Justbillywitt that having a source of funds is the pillar that holds our investment and our emergency funds. For every investor to succeed with their bitcoin investment, they need a source of funds that will help them accumulate bitcoin consistently, solve their daily needs, and also be able to rebuild their emergency funds when they are exhausted. After we have accumulated the quantity of bitcoin we want to hold, having a good source of funds will help us hold our bitcoin investment until the expected year we intend to sell it because we already have a source of funds that we are using to solve our financial needs, and we will never want to sell our bitcoin in a hurry just to survive.

In my own opinion, I don't think it's necessary to be confusing ourselves with the term hold and holdl,  what you are saying is very much true, but the most important thing is the message you are trying to pass out, a newbie like me will always understand it as hold/hodl irrespective of how it's been spelt, what is more important is the message you are passing out, though some folks like you will have different opinion on how you sees it base on your experience in the field, but as for me, I believe that a newbie investors like me and even someone that knows nothing about Bitcoin will always knows what you are trying to mean, when we encounter the word hodl.

In terms of distinguishing between HOLD and HODL, I think they are just like homonym that sounds alike but there meaning are not actually the same, though in the worldly perspective is somehow little confusing because most people will still believe that the both meaning are the same because it talks about hold but however is slightly different from my own understanding because the word HOLD is mostly use by people who are not into Bitcoin investment so is use differently but however in the case of HODL is a kind of technical terms that's only associated with Bitcoin investment and is regarded as HODLING, so actually I think the right term is HODL and not HOLD because the only one that has a connection with Bitcoin investment is HODL.

if you're using the DCA methord, it's best you stick to it and try not to combine it with any other advanced method that's in most cases not even suitable for starters . It's not as though while accumilating your Bitcoin with the DCA method that if witness a time of DIP that you should buy at that price or that if you have above your set out amount for your DCA that you shouldn't buy much during the dip, that's not bad, what's not going to help that much is having it as a serious plan that you have to buy during the DIP or combine your DCA with with it for you to accumulate a good chunk of Bitcoin. The negative effect with that is that you will be tempted keep our an amount just idle while waiting for the DIP price and because such event is not what you can easily predict, you find out that in your attempt to time the market you might be waiting too long for an event that will possibly not happen.

Even while you're buying your Bitcoin using the DCA methord, thier will come several instances when yiu will buy at low price and other times when yiu might buy at at average or a bit of sn high price, the overal advantage is that you've saved yourself from whatever olay of emotion and timing the ghe market that might arise if you're too concerned about the ar the DIP.

thier are stories behind why it's been misspelt and it's now left this way but I feel it shouldn't be a thing of concerned. You can call it HOLD or HODL for all you care as long as you know what you mean and that you holding your Bitcoin for the long term.

HODL is a crypto terms or slangs that means the same thing with hold. In general language the word 'hold' means keeping and it is the same as HODLbut the spelling is not the same. I heard it was this person that was the first to use that word Hodl but I don't how true is that, and how he thought of changing the spelling to make it sound similar and also means the same. I think he is a smart guy. Read this . I’m a HODLING

Have you also ask yourself how come Satoshi came up with the knowledge of bitcoin and created it.

I couldn't agree more with you! Combining the DCA with a long time perspective, investors can effectively navigate market fluctuations And steadily grow their holdings. DCA can also help reduce the impact of emotional decision making which is a major pitfall for investors.

I just have one question please, why is it spelt as HODL instead of HOLD?

Emergency fund sources tend to come from your disposable income which is multiple alternative sources. Alternative income arrangements along with investments can make your investment successful in the long run. Suppose you have an emergency fund for 6 months of household expenses and at the same time you continue to accumulate bitcoins it is a positive aspect for you to continue to accumulate bitcoins safely as future DCA management can be much more successful. If you have an emergency fund to cover household expenses for more than 1 year, you can conduct aggressive DCA periodically. Also, it's better to keep Bitcoin growth trend as the amount of cash you have floating around increases.

Reliable source of fund is really needed when you are trying to engage in invest we made. If people don't have proper funding's provably that they might think about asking for loan just to cover up their investment, since they might think its good action to do since they can gain profit anyways. Which I really think a wrong mindset to have and wrong action to do, since they are just putting their selves in more heavier situation since maybe for asking that loan they might get more pressure especially that they need to pay that money in the date they promise to pay their lenders. With that this is how the start of their investment to collapse especially if the situation didn't align to what they expect since sudden bearish season occur then provably they decide to sell in that condition because they have loan to pay.

So its good to have consistent source of funding's to avoid thinking about the option I mentioned and they could do right decision in the investments they made with bitcoin. Then they can look forward for future because they don't have any issues to think and what they could do is to prepare to build up their emergency funds when their bitcoin investment is already in good situation.

There is need to have a reliable source of income before venturing into Bitcoin investments because for someone who is using the DCA strategy and it got to a point when you are unable to continue due to financial constraints, it often results to selling off your holdings since you have no other source of income and it is always difficult for anyone to have funds somewhere and not able to make use of it. Bitcoin investments is considered to be a long term investment growth so it requires preparedness before one can be able to hold for a long time. It will even be difficult for someone who don't have a good source of income to even keep emergency funds because of the little amounts they earn and it is also very good to have different sources of income so that if one fails you can still manage the other to be funding your DCA.

Likuditas has many meanings in various contexts that can lead to what is being talked about.
Let's say we buy bitcoin in spot trading and store it on the exchange then this can also be easily liquidated by you because you sell it at any time and then withdraw it to fiat properly.
But if you store the bitcoin after the purchase on the spot is withdrawn to a personal wallet then aya effort,, this also makes it difficult for you so that it can still keep you from selling easily...
Take the hardwallet, send it from there to the exchange so there is an effort to do it.


If the HODL strategy has its own way as long as we don't sell, we can still maintain it under any conditions, then our challenge has been successful, as now the price is falling, we are still strong enough to HODL and even buy again at every price drop.

I always determine that buying bitcoin on weekends will be easy to remember as a weekly DCA strategy, I also don't care about the red chart, our job is to keep buying every week.

I think what @Rabata was trying to say is that as a holder you should always continue to accumulate on a consistent basis in other to build up a good portfolio, so it was based on how he constructed the message that makes it sounds somehow but however he is actually right because that's our individual goals to be able to have a good sufficient amount of Bitcoin on our portfolio and of course to achieve those goals we should be able continue our accumulation.


Of course everybody knows that buying at dip is good but however when somebody wants to make it there only investment strategy that's when it can become a distortion to there chances of having a good investment portfolio in the future which is why is very important to put some fact in consideration before going into buying at dip alone, however most of the questions they would need to ask themselves is that how often will the dip cames?, what if it takes a long time before it comes what will be my faith? Or what if I'm waiting for the dip and the price went very higher beyond my expected points and only dip a little what will I do?, actually if only those who focus only on buying at dip will answer themselves this question they would likely see the need to have a DCA included on there investment strategy.

I disagree with your statement because if an investor's main objective is to grow his bitcoin investment, the investor will not be able to hold his bitcoin for the long term. I think an investor should be concerned about how to get a good and steady income source so that he or she can consistently accumulate bitcoin with the DCA strategy and also take care of his daily needs. A good and steady income source will help an investor hold bitcoin for the long term because there's a cash flow for the investor, either on a weekly or monthly basis, that he or she will use to sort out his life, and the investor will not think about selling his bitcoin to pay bills. However, once an investor stops getting cash flow, he or she will find it difficult to hold bitcoin for the long term because he or she will depend on it to survive. 

That's true the emergency funds are very crucial for successful investment and holding Secondly a source of funds should also be there also. If we focus only on the keeping emergency funds without having a good source of funds, it will come a time when our emergency funds provision will be used up and when that happens our investment will be in danger. Source of funds is the pillar that holds our investment and our emergency funds. If possible multiple sources of income is encouraged.

Yup, I`m doing both the regular (automated) DCA, as well as buying dip when the happen, for instance there was a dip last night UK time and bought some extra even though my next DCA buy isn`t until the 15`th Aug, That`s why I like having a realtime price update on my shelf, I can see the current price as easily as looking at a clock. I agree it`s not for everyone though, some will panic when it goes down, and it`s my job to buy their fear.
I think it`s critical to always have some cash in place for emergencies so that you`re never tempted to dip into your BTC or investments, that cash protects your holdings, and those holdings protect your cash (from inflation), it`s the perfect setup IMO.

Buying on a dip is definitely a good idea but an investor cannot get advance information about when a dip will occur. And if he can't buy from the dip, his bitcoin portfolio won't grow. This means that this strategy will never be profitable for those who only want to increase their Bitcoin holdings by buying from the dip. If those investors do only DCA then they will have the opportunity to buy on the dip and continue their holdings even if the price of Bitcoin goes up slightly. This will increase their Bitcoin amount. A holder's main objective should be to increase the amount of Bitcoins so that he can build permanent assets in the long term.

You can use the term "liquidation" in more contexts rather than merely talking about futures.  Odohu used the term liquidation in the context of your making a mistake and then having to sell your bitcoin (or your investment) at a time that was not of your own choosing.

I know that many of us (if not mostly all of us) are not using leverage, so sometimes in trading and in margin trading a person could get liquidated also when the BTC price moves against his bet (whether he bet long or he bet short), so when you use leverage, sometimes you can lose your money (or your BTC) much faster than you would be able to lose it in situations in which you ONLY buy spot price.

I think that a lot of us frequently proclaim that if you do not use leverage and you are buying bitcoin regularly, then the most that you could ever lose is 100% of what you had invested - yet if you are engaging in sloppy personal cash management, then you end up increasing the kinds of scenarios in which you might be able to lose your money because you end up forced into selling your BTC because you were sloppy in your own cashflow management.  None of us should want to be forced to sell some or all of our BTC at a time that is anything other than a time of our own choosing.


You probably are correct, except if you mess around with your own personal finances, and if you don't have an emergency fund, reserves or float, then you might end up in a situation in which you are forced to sell your BTC.. . but if you are engaging in sound practices with back up funds, then it is less likely that you would end up in a situation of liquidation.. yet none of us should feel exempt from sloppy practices, and sometimes guys might even overly spend their discretionary income and take out loans, and then if he is faced with loss of income or extra unexpected expenses, then he could end up getting forced into a situation in which he has to sell some or all of his BTC at a time that is not completely of his own choosing.


From your description and explanation, it seems to me that you largely already understand the ideas of liquidation, yet at the same time, it seems that you were getting distracted and confused by the exact word rather than appreciating how it was being used, and sometimes we need to be more flexible with our undersrtanding of various scenarios in which someone might use words in a context other than what you had been expecting the word to be used..