Topic: Don't panic just hodl (Read 826 times)

But, there are some people who don't use to be happy when the market dump because they are expecting bull run that will make them to sell their cryptocurrencies, while those people that happy at the moment when the market dump are those people waiting to buy from the market when bear run occur. And, anyone that bought BTC last week will like to hodl for long period of time because it look like this pumping will get to $100k before it will dump for people to use the opportunity again to buy and hodl.

That is what will call accumulation  because your BTC in your wallet will be rising, that is why many people in the signature campaign prefer BTC payment than any other cryptocurrencies payment because they know that BTC price easily to pump higher no matter what happen to the market.

DCA method is an ideal strategy for depositing bitcoins regardless of the price trend, which is easy for every investor and if you wait for bearish periods to buy, that period can be even longer. Determining how much of a bearish target your expected downside price will be is very difficult and novice investors have a high demand for downside prices and may end up not getting the desired bearishness or running out of money allocated for the investment. Therefore DCA should be started at any price trend for investing in Bitcoin and should be conducted regularly without interruption.

Bearish times can be more stimulating for you if you can run bitcoin deposits for long term and promote further growth in the portfolio as the price of bitcoin is volatile and a single purchase during that period can give you huge profits. But long term holding should be given more priority than getting short term profit.

Well nobody knows when the price will still go down down again but it is better to buy with DCA method and if peradventure the price goes down to the dip again like 2022 then you can top up your portfolio very well and continue the journey. And base on the volatile nature of bitcoin movement, it is good to buy bitcoin at all time and whenever you have the cash and invest for long term and not short term.
As you said waiting for the bearish time to co.e before investing might be a waste of time to wait so one can start investing with the small amount your have and wait for the bear market to come and full the tank with bitcoin and wait again to see the promising bullish market.

Waiting for bearish periods can be somewhat unpredictable for Bitcoin investors as its price may not see the downward trend you expect. The tendency to increase buying during dips is largely positive but if you waste time anticipating that, it may set back your long-term investment and exhaust the invested capital. If you decide to invest in Bitcoin then you should start saving with DCA method and don't waste any time because the price of Bitcoin is volatile and you should decide accordingly and start saving Bitcoin.

The reason why some people dey happy b say,  dis is d best time to buy bitcoin from d market and hold, and if u miss dis bear season wen u are planning to buy bitcoin, it will mak u regret because u no say u have missed something that would have add income to your incomes wen bull season show up in d market. As we dey talk now, there are some people who are still buying bitcoin from d market because d price has fall down to $58k which it will still fall more before d end of dis month, and anybody who want to buy in d bear season in this month of September, I think dis is d time because d price will definitely rise higher next month to enter bull season base on my analysis on d market price.

It is good to take advantage of dips but must take market volatility positively, you are right that market volatility can't be panicked and there is no need to pressure to buy at rate time when you plan to HOLD. I have come to this forum to learn and gain knowledge to move forward and you will encourage and support me in this matter.
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The market is unpredictable, more reason we should be extremely careful with our dealings with the world of bitcoin. Besides we mapped out our tactics which would be implemented towards the market. Panic are mainly for set of traders that are not yet experienced, I called them newbies in the space. Bitcoin is entirely risky to invest, it is designated to contain volatility that will run a long hunt on investors and traders.

It is good to take advantage of dips but must take market volatility positively, you are right that market volatility can't be panicked and there is no need to pressure to buy at rate time when you plan to HOLD. I have come to this forum to learn and gain knowledge to move forward and you will encourage and support me in this matter.

It is all depends on the time of the investment and the rate and the movement of Bitcoin as that time. Short term investment is risk because if the price is at $30k at the time.of invest and the price suddenly increase to $50k and instead of the investor to sell it he might be thinking that the price will increase and he would like to still keep it till the price hit $60k and suddenly the price reduced back to $41k and started to reduce again. So if anyone is investing for short term he has to be Smart and calculative. And anyone who is interested in short term investment should not aim big profit and small small profit and within the period of 2 to 3 months, he might have gotten something good if only he smart. But the risk is very high.

And if anyone can't do that then he should go for the long term investment because you only purchase and relax and wait for the time to sell at the long run when the price as entered bullish.

Investing for the short term is not recommended as it may result in a loss. It is better to invest for the long term and enjoy the benefits of a good market. If you want to make a large profit, be patient and hold for a long time. Investing for the short term may result in a loss. For example, bitcoin. if you want to get huge money on your investment is to they patient and hold for long term but if you prefer to be investing for short time, is better  to get another coin or meme coin that you can probably get huge and you can lose too, bitcoin is not for short time because he take a long term before he boost, you can't just invest once and think two to three weeks you will be profitable on bitcoin he can't be something that is easier and is volatile.

Now that bitcoin they decrease na the best opportunity to top your bitcoin and if you have not started this is the best time to invest because if you fail probably the amount can't come back as it now, so be confident and don't let anyone deceive you that you should sold you bitcoin if you have not get profits on it, because you invest for profit and even the price is coming down just leave it and if you have another money the best thing to do is to top your coin because definitely they price will showing increases again so be wise and invest wisely.


That is why if you don't really have something that is bringing you money in your account, if you try to invest money that you are getting and managing yourself, and you invested it in bitcoin, your investment will not last and you will surely park your funds so that you won't lose all your money to it, so it is not like is not easy to hold, if you have a source of income, Investing for the long term may not be a problem. Expect if experience an emergency when your current income is insufficient to address the issue, definitely you will plan to touch your investment later. Because you don't have any alternative anymore.

People who sell their bitcoin when the price decreases are not investors; they are just people who can't take risk in their laugh because they are afraid to lose funds, and you can't say you are investors in cryptocurrency that you won't expect to lose because anything can happen in the market, not every day he will favor you, so invest and wait until you reach your plan before selling, and if bitcoin is decreasing, most coins are dropping down because it is the biggest coin. and folks who sell their bitcoin when the price decreases are not investors they are simply folks who cannot bear the risk.

Your right here. It is never a waste of time searching for new cryptocurrencies for investing. In as much as there a lot of products out there that have bad reputation and it has made many do not believe in investing in altcoins, we should also understand that making research and evaluating projects before investing in them is very essential. And the reason i am saying this is because they may look promising and their website and official social media will be pleasing at first glance  but that is their strategy. They make everything look real still there will always be a loop hole.

  in one group like that I saw some people celebrating that thank Good they have cutting losses that they should before this recent group , the group admin was like you guys should sell for now because September dip always follow it , and most of them did but as for me I continue my holding because me nor fit miss out this opportunity, for me to sell I better increase my rate of accumulating more bitcoin for my Portfolio.

Those that should now will have to be monitoring the market everytime so that they can quickly dive in quick before the surging in price and most of them will think that they are being smart they will intentionally keep waiting for more dip and that's are they will eventually miss out .

Well I know is not easy to hold , because as things dey go for our accumulating (life tough ) but well will still keep striving to success holding our coin till the main surging aslong is bitcoin we are on the safer side .

For doing s cryptocurrency market or space any little dip or once di market just entered bear market people wey dey invest e don happy and dem go buy more dey fill di wallet dey go. For those people wey buy dis few days go happy say di market dey go up again. And that's di reason for holding for a long time. Dis kind period na good for short term investment of bitcoin. And that if you want to invest for long term investment then dat one go good well well.

And another thing wey dey for bitcoin acquisition for here in the forum as a campaign participant na dis period wey bitcoin dey come down dey make your pay big as bitcoin and when di price go up you go see say you go make am plenty.

I agree with you. An investor can be much more risk free by investing in Bitcoin as it is not just a cryptocurrency it is going to be a valuable asset for you and its value can increase much more. DCA method allows investors of every income to tailor their plan to accumulate Bitcoins and get huge holdings over the long term. Investors who are new can go ahead with the plan to attempt at least one round of depositing Bitcoins using the DCA method. They recommend increasing the amount of floating cash to overcome the hurdles that may come in their endeavors so that valuable investments are not disrupted at times of emergency.

You are right there no need looking for a coin to invest on in cryptocurrency when Bitcoin is there to invest on, Bitcoin has been reliable, tested and trusted in the past years to invest on though there is risk in Bitcoin investment same to other coins too but the risk in shitcoins are higher. Bitcoin is best sighted and more profitable when an investor go for a long term plan with consistent accumulating of Bitcoin either with the dca strategy which allows an investor to accumulate more Bitcoin regardless of the it's price level either weekly or monthly and continue to hodl for a period of 4-10 years and above.

It is not a waste of time man, some of these new altcoins gave real potentials and have a bit of strong and genuine foundation, so identifying them when they are still of low value and investing small in it to gather cool amounts that would likely appreciate pretty soon and give you good gains is called spreading your tentacles and not a waste of time.

Remember bitcoin was once of a very low value and not the first crypto currency. Those that researched and found out about it then are called early adopters now.

Investment in crypto as a whole is done with descretionary income and not Emmergency funds, so if the investor has more of them to throw around, a descent altcoin is never a bad Idea, just make sure it does not come inbetween your bictcoin accumulation journey.

Most time you don't need to waste your time researching of which cryptocurrencies to invest on , bitcoin already there despite the price is expensive but one can still use different type of methods to keep accumulating, till they have gotten to a point of having good Stashes of bitcoin. Because most of those other shitcoins at there risk is too high . Though bitcoin also have risk attached to it as an investment but compare to others, one can easily minimise the risk in bitcoin especially as an longer-term investors.

Because it takes time to see altcoins that will keep performing well for long most of those altcoins are for short-term profit and most time the risk in short-term trading is something else.

Some people are not comfortable with crypto currency that is why they do all the necessary research that they need before buying, actually it's not bad for them to do the necessary research before they invest in Bitcoin, but it's more easier to learn from experience than researching without practicing. However because Bitcoin fluctuates some people don't like it, but they don't know that Bitcoin is more stable than other coins in the market. Lastly DCA method is an easy method to invest in Bitcoin, even if you do your research you will still have the same results that DCA is among the easiest methods to invest on Bitcoin.

The lead to investors panicking to sell their Bitcoins during the DIP seasons is because those set of investors are not studious to understand the volatile capabilities of Bitcoin on how it can not totally lost its whole values.

Just as you said, some investors has invested on shitcoins which when DIP, the coins does not recover its value again and that is usually the dump of such coins so rey relates the DIP exercises of Bitcoin to such shitcoins.

Simply because one can buy Bitcoin and holds without acquiring those technical factors of it but yet you can still invest and make good profits out of it has made lot of investors to be adamant not to develop impact in studying the potentials and how the accelerations of Bitcoin works.

All they cares was that they are coming to make profit on investing in Bitcoin but they fails to understand that every investment factors has its economy challenges such as deflations which the DIP of Bitcoin is a result of its own deflation but that has never been an end of it because it always has the potential momentum to rise again giving the patient holders the golden opportunities to profit massively  at its rise or probably at the bull run.

@DaNNy001, as of today naira is 1564 to dollar, I nor knw where you from they see your rate, no dream am dollar no fit fall reach 500nair, e dey go up everyday,  this ur analysis no go well you dey think backward, bitcoin na 62k as of this morning,  last week it fall to 56k and some investors buy, today is 62k, dey don benefit scatter, and every dip this is hope for increase. So no dey panic dey think well.

My bro you sef talk true jareh, which one be naira actually hitting 500 because na person wey no dey this Nigeria na go fit think this kind thing about the naira appreciation against the dollar. Nigeria naira isn't coming down against the naira anytime soon and so that one no even dey ma agenda when I dey check or hold my Bitcoin. As for the price fluctuations and the 100k mark we can only hope e get to reach there soon although no be every holder keep their hold threshold for 100k sha.