Don't Be scared Use this Dip as an opportunity to HODL more.

BITCOIN4X

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Quote from: tottong on September 09, 2024, 11:01:31 PM

Quote from: Xcode7 on September 09, 2024, 01:24:59 AM

~Snip

Quote

Bitcoin price movements are quite fast so it is difficult to predict, it has happened since long ago and it does require extensive knowledge and also experience seeing what happened in the past to grow the belief that no matter how much the price falls in the market everything will recover, so time will tell everything, that is a belief that must be grown in my opinion.

If you want to be less complicated then buy and hold bitcoin because it will give you a reason why bitcoin is more suitable for long-term investment.
But people must understand bitcoin so as not to panic in a sharp decline, every experience must be the basis for improvement so that people have an idea of why they should invest in bitcoin compared to choosing other coins as the chosen investment step.

Bitcoin's movement and speculation will put pressure on people who do not have the knowledge and it must be learned so as not to lose and suffer losses when making investments.

Buying every sats bitcoin of the money you have periodically is recommended if you really want to save with bitcoin. In the long term, the bitcoins you accumulate over time will give you a commensurate return, of course depending on how many bitcoins you have. However, you don't need to force yourself to accumulate if your budget is only enough to meet your monthly needs. You only need to hold for the long term, then sell when you have reached the target price.

Price volatility is basically not always considered negative by everyone, in fact dips are always considered the best opportunities for experienced investors. The problem lies in their knowledge and experience in this industry, if they are not experienced, then of course panic will lead them.

RockBell

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Quote from: Kelward on September 08, 2024, 03:20:27 AM

Your thread is very comforting especially for new investors in Bitcoin who have heard that after halving comes bull run. Many of them that have not researched or been told about how Bitcoin works will definitely panic when they see the value of their Bitcoin diminishing on the Blockchain. Many will rush and sale at lose to recover some of their funds thinking that the dip will continue happening while experienced hodlers will use the opportunity to accumulate more. Correct knowledge of Bitcoin is very important for every hodler. If not for the knowledge that I've acquired about Bitcoin volatility, bull and bear seasons I would've been panicking now because this is my first circle experience.

Their is always a new record of those that are investing in bitcoin, both people that understand and those that don't understand, both the interesting thing is that for those that don't understand they will learn the hard way because you can drive a car with its knowledge it will be disastrous, that is how bitcoin investment is you can not do things anyhow. Even we that have been investing believed that halving then comes bull run and even the ETF approval and it is more were given much up, just what I noticed in previous years is that bull run will happen when no one is noticing, over night. And the moment bitcoin price is coming down every will panic, but how long you have been on the business will even give you more confidence because you already know that know matter how long it takes the market will still bounce back. That period you will want to add to the one you have already that is exactly how it works, so that you can increase what you already have. Even does that are early investors are always familiar with how valuable bitcoin is to every investor, either new or gold.

Dailyscript

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Quote from: tottong on September 08, 2024, 11:10:32 PM

Quote from: Xcode7 on September 04, 2024, 06:31:48 AM

Before making an investment, of course, you must first learn about what you want to invest in, it is true that panic is only experienced by those who do not have confidence and knowledge of the investment they make, but if we have a time plan for the investment we make or the speculation we make is far from what happens, of course there will be a little worry, I think that can't be denied.
But personally for Bitcoin I don't doubt it, other people should be the same because from what has happened since the past it has been enough to prove that there will be a movement that is opposite to what is happening now.

Panic occurs because someone does not understand how the bitcoin journey process is in the market so that involvement in investment is only based on instinct.
In investing, it is not recommended to only use instinct because it requires analysis of the coin's journey and we are required to understand how the coin can work according to its fundamental level.
That is why bitcoin is not so risky to invest in if someone understands its journey because bitcoin has a recurring cycle that can bring corrections towards gradual recovery.

The importance of having knowledge before getting involved in investing because this can provide understanding when someone sees market conditions experiencing downward pressure on prices.

Panic does not have anything to do with understanding. During the period when Bitcoin was in a bear market and there was a significant drop in the price of Bitcoin, many current investors experienced it. Funny enough only a few were able to hold till now. Not Bitcoin they only understand Bitcoin but because they understand that investment is risky and the importance of long term is that the investment will go higher. At that, it doesn't mean that they were not panicking yet they held on to the investment.

It is fine to panic because it is our money that is at stake. But it does not mean we should tamper our investment when it's not up to the maturity date. Some persons have gotten the profit they want but they still keep their investments going. In such a situation, i will advice some persons to sell off.

betswift

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Quote from: BlackHatCoiner on September 08, 2024, 04:13:47 AM

Life advice: Where others see dips, you shall be discipline on stacking sats. It doesn't matter if it goes up or down. That's all temporary. Focus on stacking hard, and more importantly, stacking consistently. Use this calculator to notice what I'm saying.

If you're buying just $100 worth of bitcoin every month since 2020, you'd have turned $4,800 into $10,600. And that's just a hundred bucks. If you lowered your time preference, and added $500 per month, which could be half of your income, you'd now have 0.8 BTC = $53,000. Saving in Bitcoin is like saving with cheat codes.

DCA at it's finest.
I think it can be called that, and it's the most stable strat you can utilize, in my opinion.
No nerves, just simple accumulation.

tottong

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Quote from: Xcode7 on September 09, 2024, 01:24:59 AM

Even so, it is common to panic when the market price drops too deep, I think everyone will experience that phase but how someone responds to it depends on the knowledge they have mastered, deciding to sell because of panic is a big mistake so it takes deeper knowledge before investing, and I think for those who are old traders will not make that mistake.

Everyone involved in investment and trading will definitely learn from the mistakes they have made and the downturn will provide knowledge for those who are experienced so as not to be seen in panic.
The problem is when this is connected to people who are new to investing and they do not know the direction of the market's journey towards bitcoin so that when there is a decline they try to decide the loss in the wrong way and that's where knowledge is needed for them.

Quote

Bitcoin price movements are quite fast so it is difficult to predict, it has happened since long ago and it does require extensive knowledge and also experience seeing what happened in the past to grow the belief that no matter how much the price falls in the market everything will recover, so time will tell everything, that is a belief that must be grown in my opinion.

If you want to be less complicated then buy and hold bitcoin because it will give you a reason why bitcoin is more suitable for long-term investment.
But people must understand bitcoin so as not to panic in a sharp decline, every experience must be the basis for improvement so that people have an idea of why they should invest in bitcoin compared to choosing other coins as the chosen investment step.

Bitcoin's movement and speculation will put pressure on people who do not have the knowledge and it must be learned so as not to lose and suffer losses when making investments.

Xcode7

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Quote from: tottong on September 08, 2024, 11:10:32 PM

Panic occurs because someone does not understand how the bitcoin journey process is in the market so that involvement in investment is only based on instinct.
In investing, it is not recommended to only use instinct because it requires analysis of the coin's journey and we are required to understand how the coin can work according to its fundamental level.
That is why bitcoin is not so risky to invest in if someone understands its journey because bitcoin has a recurring cycle that can bring corrections towards gradual recovery.

The importance of having knowledge before getting involved in investing because this can provide understanding when someone sees market conditions experiencing downward pressure on prices.

Even so, it is common to panic when the market price drops too deep, I think everyone will experience that phase but how someone responds to it depends on the knowledge they have mastered, deciding to sell because of panic is a big mistake so it takes deeper knowledge before investing, and I think for those who are old traders will not make that mistake.

Bitcoin price movements are quite fast so it is difficult to predict, it has happened since long ago and it does require extensive knowledge and also experience seeing what happened in the past to grow the belief that no matter how much the price falls in the market everything will recover, so time will tell everything, that is a belief that must be grown in my opinion.

tottong

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Quote from: Xcode7 on September 04, 2024, 06:31:48 AM

Before making an investment, of course, you must first learn about what you want to invest in, it is true that panic is only experienced by those who do not have confidence and knowledge of the investment they make, but if we have a time plan for the investment we make or the speculation we make is far from what happens, of course there will be a little worry, I think that can't be denied.
But personally for Bitcoin I don't doubt it, other people should be the same because from what has happened since the past it has been enough to prove that there will be a movement that is opposite to what is happening now.

Panic occurs because someone does not understand how the bitcoin journey process is in the market so that involvement in investment is only based on instinct.
In investing, it is not recommended to only use instinct because it requires analysis of the coin's journey and we are required to understand how the coin can work according to its fundamental level.
That is why bitcoin is not so risky to invest in if someone understands its journey because bitcoin has a recurring cycle that can bring corrections towards gradual recovery.

The importance of having knowledge before getting involved in investing because this can provide understanding when someone sees market conditions experiencing downward pressure on prices.

KiaKia

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If all I am holding is BTC only, I won't have any worries right now because, in the long run, Bitcoin is always profitable, and there is no alarm for rug pull or hacks in any smart contract.

The only worries in me right now are from altcoins because I do have a separate crypto portfolio for altcoins; Bitcoin, on the other hand, gives me high confidence; there is no need for worries.

Another reason why people can become worried about Bitcoin is their investment plan; maybe they invested money they never intended to leave in Bitcoin for a long period, which is why using money you don't need any time soon is best for Bitcoin investment.

Some people are trying hard to survive now, something unexpected happened and they have to survive, someone very close to me is facing this challenge right now and I am there giving him the courage and hope to look elsewhere but at his BTC bag, I told him to find other means because, at the end of the day, BTC can do very well for him.

BlackHatCoiner

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Farewell, Leo

Life advice: Where others see dips, you shall be discipline on stacking sats. It doesn't matter if it goes up or down. That's all temporary. Focus on stacking hard, and more importantly, stacking consistently. Use this calculator to notice what I'm saying.

If you're buying just $100 worth of bitcoin every month since 2020, you'd have turned $4,800 into $10,600. And that's just a hundred bucks. If you lowered your time preference, and added $500 per month, which could be half of your income, you'd now have 0.8 BTC = $53,000. Saving in Bitcoin is like saving with cheat codes.

Kelward

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Quote from: Mia Chloe on August 05, 2024, 02:46:32 AM

For persons who trade many would check out on charts and be of the opinion that the market is dipping to likely mitigate some fair value gaps and Order blocks left behind from the most recent bull runs.
For alot of persons, including those who are new to bitcoin, panicking is inevitable and if you really want to HODL I think it won't be necessary. Don't let FOMO put you in a position to panick and sell off your coins instead take this dip as an opportunity to HODL more coins by buying from scared HODLERS (be a smart trader lol I mean be a SMART HODLER Grin

) .
I Suggest you sit back and watch the dip fade off.

Your thread is very comforting especially for new investors in Bitcoin who have heard that after halving comes bull run. Many of them that have not researched or been told about how Bitcoin works will definitely panic when they see the value of their Bitcoin diminishing on the Blockchain. Many will rush and sale at lose to recover some of their funds thinking that the dip will continue happening while experienced hodlers will use the opportunity to accumulate more. Correct knowledge of Bitcoin is very important for every hodler. If not for the knowledge that I've acquired about Bitcoin volatility, bull and bear seasons I would've been panicking now because this is my first circle experience.

lizarder

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Quote from: Mia Chloe on August 05, 2024, 02:46:32 AM

For persons who trade many would check out on charts and be of the opinion that the market is dipping to likely mitigate some fair value gaps and Order blocks left behind from the most recent bull runs.
For alot of persons, including those who are new to bitcoin, panicking is inevitable and if you really want to HODL I think it won't be necessary. Don't let FOMO put you in a position to panick and sell off your coins instead take this dip as an opportunity to HODL more coins by buying from scared HODLERS (be a smart trader lol I mean be a SMART HODLER

This will be a problem for people who are new to bitcoin and the drop that occurs will definitely make them panic so that the decisions made will be based on how to avoid the risk of full loss. If during a period of decline like this they sell then it is very unfortunate that they will definitely experience losses and instead they do not try to stay calm in such conditions. Whereas in a certain period there will be a gradual recovery that will occur when the market experiences a correction. This is why every investment must be studied properly so that people do not get involved in excessive panic.

For experienced people, conditions like now are quite ideal steps in making accumulation purchases and they can take advantage of the near future when prices rise again. Another advantage is that they can buy for the long term so that the amount of accumulated purchases will be slightly larger if purchased in conditions like now.

Farma

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Quote from: Publictalk792 on September 07, 2024, 08:37:23 PM

Quote from: ndutndut on September 07, 2024, 11:34:11 AM

For traders who believe that bitcoin is an asset of the future, of course when the price of bitcoin goes up and down it will not affect their decision to keep holding it, in fact they will make this decline an opportunity to continue buying bitcoin, they will really hold it until their goals are achieved. However, for those who are still beginners or they use all their money for investment, of course the price drop will make them panic, this panic actually makes them lose and regret.

To avoid panic, before investing, first meet monthly expenses, wife's pocket money, children's education costs, and emergency funds. Only then can you switch to holding bitcoin for the long term. Be assured that in the future technology will not be able to be separated from what is called blockchain. So crypto investment is a promising investment in the future whose value continues to grow and its technology will definitely be used by humanity.

Agreed. experienced traders who believe in Bitcoin can not worry when its price goes up and down. They will even buy more when price is low and hold it until they reach their goals. But new investors who put all their money into Bitcoin might panic when price drops and lose money. To avoid this we should take care of our important expenses save for emergencies and be financially stable before investing in Bitcoin for long term. I am sure blockchain technology will become more important in future making investing in crypto good idea.

When someone has experience and also the right understanding of Bitcoin, they will not be affected by the ups and downs of Bitcoin prices and they will continue to maintain the assets they have invested until their target is achieved and it is true as you said it is not uncommon to see them adding to their assets when there is a decline and as new investors of course this is their first experience and it is not uncommon to see them panic and sell in such a situation and lose money but if someone guides them in running investments, of course there will be someone who reminds them to maintain their assets.

Making a plan before deciding to make an investment will be very important for anyone and this will certainly make it easier for us to make long-term investments because without having a good plan, it will certainly be difficult to make long-term investments. If you are very confident with blockchain technology for the future, of course you will continue to accumulate these assets in the long term and of course you will be able to get big profits in the future.

AirtelBuzz

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Quote from: Publictalk792 on September 07, 2024, 08:37:23 PM

Quote from: ndutndut on September 07, 2024, 11:34:11 AM

For traders who believe that bitcoin is an asset of the future, of course when the price of bitcoin goes up and down it will not affect their decision to keep holding it, in fact they will make this decline an opportunity to continue buying bitcoin, they will really hold it until their goals are achieved. However, for those who are still beginners or they use all their money for investment, of course the price drop will make them panic, this panic actually makes them lose and regret.

To avoid panic, before investing, first meet monthly expenses, wife's pocket money, children's education costs, and emergency funds. Only then can you switch to holding bitcoin for the long term. Be assured that in the future technology will not be able to be separated from what is called blockchain. So crypto investment is a promising investment in the future whose value continues to grow and its technology will definitely be used by humanity.

Agreed. experienced traders who believe in Bitcoin can not worry when its price goes up and down. They will even buy more when price is low and hold it until they reach their goals. But new investors who put all their money into Bitcoin might panic when price drops and lose money. To avoid this we should take care of our important expenses save for emergencies and be financially stable before investing in Bitcoin for long term. I am sure blockchain technology will become more important in future making investing in crypto good idea.

One should never use full amount of money in investment, as there is risk and volatility involved so it is not certain when you will lose or profit from the investment. Invest regardless of income-expenditure by meeting family expenses.

New investors get anxious when the market falls even as they are eager to sell the coins they have invested in due to their lack of experience. Then they always think that maybe the price of this coin will fall further and then suffer more which makes them upset. On the other hand those who are experienced in investing and those who are able to perform proper market analysis do not worry at all when the market falls. They then use their saved funds to take advantage of market dips to buy large quantities of bitcoins at low prices. Don't be scared by market dips, it gives opportunity to buy more bitcoins at lower price.

Publictalk792

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Quote from: ndutndut on September 07, 2024, 11:34:11 AM

For traders who believe that bitcoin is an asset of the future, of course when the price of bitcoin goes up and down it will not affect their decision to keep holding it, in fact they will make this decline an opportunity to continue buying bitcoin, they will really hold it until their goals are achieved. However, for those who are still beginners or they use all their money for investment, of course the price drop will make them panic, this panic actually makes them lose and regret.

To avoid panic, before investing, first meet monthly expenses, wife's pocket money, children's education costs, and emergency funds. Only then can you switch to holding bitcoin for the long term. Be assured that in the future technology will not be able to be separated from what is called blockchain. So crypto investment is a promising investment in the future whose value continues to grow and its technology will definitely be used by humanity.

Agreed. experienced traders who believe in Bitcoin can not worry when its price goes up and down. They will even buy more when price is low and hold it until they reach their goals. But new investors who put all their money into Bitcoin might panic when price drops and lose money. To avoid this we should take care of our important expenses save for emergencies and be financially stable before investing in Bitcoin for long term. I am sure blockchain technology will become more important in future making investing in crypto good idea.

ChiBitCTy

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For me trading has always been more of a hassle than anything. I think most people out there should continually be looking to “buy the dip” with any investments they truly believe in, but I don’t think so many should be wanting to flip it for a profit as soon as possible or after just gaining a little. I’d lean on the side of buying and holding and playing things a bit more safe..on average.

ndutndut

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Quote from: dansus021 on September 06, 2024, 02:30:30 AM

Don't Be scared Use this Dip as an opportunity to HODL more. Cool

I agree frenn you are the true degen here and happy HODLING.

Yes Up and down is the part of the market itself we human basically fear of down and greed when the price is up and this is happen on every human on earth hahah. But Fear not you guys can tackle this emotion.
The moment of DIp can be your chance to buy bitcoin at discount rate. So yeah Keep buy and keep hodl./

For traders who believe that bitcoin is an asset of the future, of course when the price of bitcoin goes up and down it will not affect their decision to keep holding it, in fact they will make this decline an opportunity to continue buying bitcoin, they will really hold it until their goals are achieved. However, for those who are still beginners or they use all their money for investment, of course the price drop will make them panic, this panic actually makes them lose and regret.

To avoid panic, before investing, first meet monthly expenses, wife's pocket money, children's education costs, and emergency funds. Only then can you switch to holding bitcoin for the long term. Be assured that in the future technology will not be able to be separated from what is called blockchain. So crypto investment is a promising investment in the future whose value continues to grow and its technology will definitely be used by humanity.

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Quote from: Bloodseekers on September 05, 2024, 10:12:08 PM

Quote from: Zoomic on September 05, 2024, 07:53:30 PM

Quote from: Dr.Osh on September 02, 2024, 11:29:06 AM

Well, it is very natural for someone to panic if they have large assets in bitcoin, and the price goes down. However, I also feel that we should really control our emotions, because this could be an opportunity to buy in larger quantities. Maybe people can do the DCA method. However, if we have a lot of assets in the form of bitcoin, we agree that bitcoin will be something big. Therefore, if the price of bitcoin goes down, then it could be one of our opportunities to add to the load.

The panic level of someone who do not have any other reserve money to invest in Bitcoin and the one that has some reserve to buy more when there is dip is different. People most times do not panic that bitcoin will not return back to profit, the panic because they might either have invested what they cannot afford to lose or they have invested with what is not called a spear money. So, the gospel of buying more when there is a dip is actually not for everyone. It is only for the financial stable people.

Therefore, it is very important for anyone who wants to run their investment to first make a proper plan so that they can run the investment well and not be disturbed by the decline or by the needs that we need and preparing spare funds to buy when there is a decline is of course very good because it will be able to get bigger profits when the price goes up again.

When someone invests funds that they cannot maintain in the long term, of course this will be very risky when they need the funds while they have not reached the investment target that they are running, of course this will harm them when they need the funds and I think those who can buy more when there is a decline of course they have prepared funds for them to invest and also have emergency savings funds because it is very unlikely that someone can buy when there is a decline if they do not first prepare funds for them to invest.

One of the most important is planning. Investing is like having a winning playbook in a game. With Bitcoin (especially crypto), you gotta be prepared. Enjoying money is only one aspect; enjoying the stability and freedom it affords is also important. People have been saving money for a rainy day always. We carry it in our DNA. Given the swings in Bitcoin, it is wise to have some spare money on hand. When others are panicking, you can swoop in to grab the dip. That honors your financial future, not only wise investing. Invest what you can afford to lose and hold fast. You're joining a long history of wise savers and visionaries, not only earning money. Folks, this is a legacy move and it feels fantastic.

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Don't Be scared Use this Dip as an opportunity to HODL more. Cool

I agree frenn you are the true degen here and happy HODLING.

Yes Up and down is the part of the market itself we human basically fear of down and greed when the price is up and this is happen on every human on earth hahah. But Fear not you guys can tackle this emotion.
The moment of DIp can be your chance to buy bitcoin at discount rate. So yeah Keep buy and keep hodl./

Bloodseekers

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Quote from: Zoomic on September 05, 2024, 07:53:30 PM

Quote from: Dr.Osh on September 02, 2024, 11:29:06 AM

Well, it is very natural for someone to panic if they have large assets in bitcoin, and the price goes down. However, I also feel that we should really control our emotions, because this could be an opportunity to buy in larger quantities. Maybe people can do the DCA method. However, if we have a lot of assets in the form of bitcoin, we agree that bitcoin will be something big. Therefore, if the price of bitcoin goes down, then it could be one of our opportunities to add to the load.

The panic level of someone who do not have any other reserve money to invest in Bitcoin and the one that has some reserve to buy more when there is dip is different. People most times do not panic that bitcoin will not return back to profit, the panic because they might either have invested what they cannot afford to lose or they have invested with what is not called a spear money. So, the gospel of buying more when there is a dip is actually not for everyone. It is only for the financial stable people.

Therefore, it is very important for anyone who wants to run their investment to first make a proper plan so that they can run the investment well and not be disturbed by the decline or by the needs that we need and preparing spare funds to buy when there is a decline is of course very good because it will be able to get bigger profits when the price goes up again.

When someone invests funds that they cannot maintain in the long term, of course this will be very risky when they need the funds while they have not reached the investment target that they are running, of course this will harm them when they need the funds and I think those who can buy more when there is a decline of course they have prepared funds for them to invest and also have emergency savings funds because it is very unlikely that someone can buy when there is a decline if they do not first prepare funds for them to invest.

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Quote from: Dr.Osh on September 02, 2024, 11:29:06 AM

Well, it is very natural for someone to panic if they have large assets in bitcoin, and the price goes down. However, I also feel that we should really control our emotions, because this could be an opportunity to buy in larger quantities. Maybe people can do the DCA method. However, if we have a lot of assets in the form of bitcoin, we agree that bitcoin will be something big. Therefore, if the price of bitcoin goes down, then it could be one of our opportunities to add to the load.

The panic level of someone who do not have any other reserve money to invest in Bitcoin and the one that has some reserve to buy more when there is dip is different. People most times do not panic that bitcoin will not return back to profit, the panic because they might either have invested what they cannot afford to lose or they have invested with what is not called a spear money. So, the gospel of buying more when there is a dip is actually not for everyone. It is only for the financial stable people.

Topic: Don't Be scared Use this Dip as an opportunity to HODL more. (Read 1943 times)