Ignore the dip and Invest in Bitcoin for long term - page 5.

arwin100

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Quote from: wmaurik on July 21, 2022, 05:10:49 AM

Quote from: Codswallop on July 18, 2022, 06:39:53 AM

As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.

Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.

There's no question towards bitcoin since if investors would just do their research about it for sure they will find a lot of interesting things about bitcoin especially on the value accumulated over the years and the adoption it got from a country.

People need to know if they are for sure term or longterm because for this they can set their targets and gameplans on how they will take bitcoin.

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Quote from: wmaurik on July 21, 2022, 05:10:49 AM

Quote from: Codswallop on July 18, 2022, 06:39:53 AM

As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.

Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.

it all comes back to yourself how to treat bitcoin, for the long term or for the short term.
all of them are equally good just different in the profit is much more when held for longer.
and i saw the bitcoin price change in recent days from $20,000 to $24,000. this is one example of indeed investing in bitcoin is very profitable, whether it's short term or long term. and i think now is the right time to buy bitcoin after that hold it for the long term and hope the price will hit ATH

BlockchainMentors

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This is a very good advice but if you would have taken bitcoin instead of ethereum then you would have benefited a lot because by 2016-2021 the price of bitcoin has seen a lot of jump and could make you a millionaire too. Anyway, leave it

wmaurik

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Quote from: Codswallop on July 18, 2022, 06:39:53 AM

As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.

Because the proof already exists for now on Bitcoin when viewed from the time Bitcoin was launched. So obviously choosing Bitcoin for the long term is a good thing and also highly recommended although for the short term it won't always be bad if everyone can be very happy with a little profit through Bitcoin.

Codswallop

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As bitcoin is a volatile asset, it is best to invest in BTC for the long term. In the short term, fluctuations in supply and demand are very likely to mess with the price level on a regular basis. But on the other hand, bitcoin has shown a consistent and prominent growth over the long term ever since its launch. It is always a safe choice to invest in bitcoin for a long term.

0verseer

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Quote from: Oasisman on July 16, 2022, 11:40:19 AM

Quote from: minime0105 on July 15, 2022, 07:28:32 PM

People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

Again, easier said than done. I knew some of the people who has been in crypto for like 3-4 years but still afraid of the dip.
They usually buy when Bitcoin is in an upward trend. They said they are just making sure Bitcoin recovers.
That kind of mindset is kinda weak, but I understand their sentiments. They are just not the kind of investors who had a good risk appetite and only had a slight idea what Btc is.
Can't blame them though, they still contribute to cryptospace.

It don't think it could be called a weak mindset. They're very smart, only invest after a strong recovery sign showing the market is indeed back to a bull run. Impatient and bought in the first dip doesn't seem like a good idea to me. You saw how many have said $30k is the lowest for BTC and everyone should buy in the $30k dip? Even right now, BTC is over $20k and not many investors are so sure about this is the dip, the lowest.

Oasisman

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Quote from: minime0105 on July 15, 2022, 07:28:32 PM

People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

Again, easier said than done. I knew some of the people who has been in crypto for like 3-4 years but still afraid of the dip.
They usually buy when Bitcoin is in an upward trend. They said they are just making sure Bitcoin recovers.
That kind of mindset is kinda weak, but I understand their sentiments. They are just not the kind of investors who had a good risk appetite and only had a slight idea what Btc is.
Can't blame them though, they still contribute to cryptospace.

ivankoh

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Ignore the dip market = The condition when the market is no longer under short selling pressure is said to be a good long-term investment opportunity, including the benefit of being in a good position for the next bull run, or simply picking and enjoying it in its own way. The move to holding btc in a bear market will define the long-term price growth structure. The phase of holding btc and building a plan is now!

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Quote from: minime0105 on July 15, 2022, 07:28:32 PM

People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

That's what they think and that's the strategy that has in their mind. There's nothing wrong with that strategy that they'll only jump in the ship when the trend is up and the market is showing positive charts again. They just have to do what they think is right and applicable to them.
While us, we know what's the real trend and growth for bitcoin so we do all ignore negative news and anything these experts say about bitcoin and we just do our thing silently by accumulating.

minime0105

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People who don't know how bitcoin circulates does not understand the system of cryptocurrency generation and when and what is the appropriate time to invest in the cryptocurrency but the problem is that many people feels that the best time to invest into cryptocurrency is the time when Bitcoin is increasing but not knowing that the deeper the falling of Bitcoin is the best slots and opportunity of who ir someone who is into cryptocurrency will buy and hold for the increase and make profit

wmaurik

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Quote from: Ebede on July 11, 2022, 02:47:35 PM

the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase

Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.

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Quote from: DeathAngel on July 08, 2022, 12:24:39 PM

Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase

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Quote from: DeathAngel on July 08, 2022, 12:24:39 PM

Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

That is actually true. Even if you bought on the peak of 2017, you are still breakeven now if you did not sell on the ATH last year.

That is why you should not be sleeping on bears and dips. This is the perfect opportunity to accumulate crypto, especially bitcoin, when everything is cheap or on-sale. Now is the time to get hold of all the crypto that you can and when the next all time high comes around, that is the time you start cashing out. And then, as he said, since it is a cycle, rinse and repeat.

Quote from: Newlifebtc on July 10, 2022, 05:57:59 PM

Quote from: Fernando Gomez on July 08, 2022, 03:55:24 AM

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.

no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.

Mostly, those are the ones who joined crypto during the hype or ATH. They do not have understanding of the fundamentals of crypto and just in for the money. But when the hype is over and the price starts correcting, they are the first to sell on the bottom. But the real crypto investors know when to enter and exit crypto market. Those are the ones we should follow.

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Bitcoin investing in the long term is just like gold.
Bitcoin is widely believed to be a store of value asset to overcome the dynamics of the global economy, including inflation, which has succeeded in bringing the price up tremendously.
Bitcoin investment is quite interesting to do in the long term, because bitcoin only has 21 million coins available so the less supply and high demand makes the price continue to move up.
Bitcoin is also increasingly in demand as an investment asset because it has a history of being able to maintain value amidst economic turmoil, and a lot of bad news about bitcoin circulating.

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Quote from: BobK71 on July 07, 2022, 01:51:34 PM

According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders.

There's low or zero risk to holding bitcoin over a long time, this is one of the real time high benefits investor derived from their investment on it, the longer it is the lower the risk, a food example to serve as prove is the record history on the volatility and price over previous years and how lot have make good opportunity out of it through their investment, quite alright we can assume that some has recorded losses as well due to wrong timing or inability to understand the trends in bitcoin and it price speculation which is as a result of their personal error.

Quote from: BobK71 on July 07, 2022, 01:51:34 PM

We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well.

This is of course certainly going to happen, before the next halving things might slightly change but after the halving then the price rises to make a new ATH over the previous.

Newlifebtc

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Quote from: Fernando Gomez on July 08, 2022, 03:55:24 AM

Panic selling is the biggest mistake that is made by many investors like done in 2018 when the bitcoin dropped drastically. And I know many of them who regretted selling. It is better to hodl. I hope you haven’t invested the money that you can’t afford to lose.

no time bitcoin price falls people will not regret of selling their coins immediately any investor who regret in cryptocurrency investment never start investment. I know that if bitcoin falls is when people get more money to buy cryptocurrency. That is why people are advised to invest what they can lost.

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Quote from: wmaurik on July 07, 2022, 07:40:49 AM

Quote from: Crptomagma on July 06, 2022, 04:02:16 AM

Nice one this is a good advice, most time the problem with bitcoiners is lack of Patience. Everybody wants to invest today and and become rich today forgetting that Patience is a virtue. Buying the dip and holding until the price increase is the goal. Thanks for this advice....

Only people who don't know investment methods want to get rich immediately after making an investment in a number of things including the matter of choosing cryptocurrencies. And I think that kind of person will never succeed in his investment if he still wants wealth in a moment because in every investment it is very clear that it requires patience as you said.

There are so many people who think that they could get away with doing something they shouldn't. It has always been a problem and I believe that it will stay a problem for a long long time. I know for a fact that it is going to be a trouble for people who wake up and expect to be rich, but they will keep on doing that.

Bitcoin is not the method you make enough money to call yourself rich overnight, this isn't some "get rich quick" scheme you fall into. This is a legit investment chance, and you get rich overtime in many years. You invest now, and you retire 10 years later, and that's a better deal than anything else, not tomorrow, 10 years later but still the best deal.

DeathAngel

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Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.

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Quote from: gunhell16 on July 05, 2022, 11:27:37 PM

Quote from: Superdoctor on June 26, 2022, 03:19:08 AM

Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
This is the right time to buy more cryptocurrencies especially Bitcoin because the more people come into the market and increases their demand for it, its value continues to grow rapidly.

I cannot ignore the dip, because there are a lot of the altcoins out there in the market that has a potentials, they might have a cheap price for now but its a good chance for me to buy them
then hold in the long term. While Bitcoin was really good to hold for a years because for it is a good investment.

As a true investor, we must not ignore the bear market because it is an opportunity that is not always present. This is a great opportunity to buy some of our favorite coins at a highly discounted price, and we should take advantage of it.

The OP's point here is that a bear market is not the time to panic and sell our assets to the sharks for cheap. He advised us to continue buying and not to sell anything during the bear season, only selling during bull season.

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Quote from: BobK71 on July 07, 2022, 01:51:34 PM

According to my perspective none of the real holders of Bitcoin have lost so far. Those who get loss were not good holders. We have seen the halving of Bitcoin in the last few days and hopefully if the market situation improves we will see the new ATH in the future as well. So it doesn't matter in which price you buy bitcoin, they will not lose what I believe. Those who have not yet purchased Bitcoin this is the right time for them to purchase it and should be hold for long time.

Loser coming from hold botcoin on all time high price and looks not worth because drop more than 50% from bitcoin price $60,000 and right now drop to $20,000. But right now many people try keep holding bitcoin when have chamce with dip price and have chance get bitcoin back to the top price. I think not matter if keep hold bitocoin right now with price still drop than all time high and keep give much profit later if brave hold bitcoin. But some investor still worry what happen witj world economic inflation and have possibility with bitcoin price will drop again.

Topic: Ignore the dip and Invest in Bitcoin for long term - page 5. (Read 2433 times)