Well don't buy on the dip then. Just DCA. Have you heard about DCA?
Actually the better strategy is to combine DCA, buying on dips and lump sum investing.
I am not that novice, have knowledge of DCA.
Let me grab enough capital to follow all these strategies together.
It's not about capital size, it is about how you manage it and you place into different categories, and surely if you are in your beginning stages of building an investment portfolio, it can take many years for the amounts to start to get bigger and Bigger and BIGGER.. but similar principles apply even if you are dealing with small amounts.
A thing that I frequently recommend to beginner investors is to NOT diversify and to focus on building your investment portfolio with one or two assets, and as the size of your investment portfolio (and perhaps even your cashflow or the amount that you are able to invest) gets bigger, then you are more able to spread out, but the mere fact that you can spread out does not necessarily mean that you should spread out.
In that same light, there could be some truth to any claim that "I don't have enough income in order to split it into categories," then if you are correct about such a claim, then you may well need to figure out how to prioritize categories, but you still should keep in mind that the three categories exist in order that you can also figure out how you might want to move between categories in case circumstances change (or start to dictate that such change might be preferable).
Have you been dabbling in shitcoins too?
I am lucky not to lose moeny with shit coins.
That's what all degenerate gamblers say.
Edit: By the way, I see Ivomm gave you a merit on your post, and he is likely in a similar situation where he fucked up his BTC accumulation strategy, and even though he knows a lot of about bitcoin, he ended up gambling too much and fucking around with trying to rush his bitcoin accumulation process, and therefore he ended up getting reckt by selling too early and then failing to buy.. so know he is also like you, wishing for downity prices.
I am in a good condition w.r.t my Bitcoins and I am just sharing what people do with Bitcoin when price goes high and low.
Oh? Those are usually not very good ways to present your ideas... but whatever do what you wish.
So you can also hit my merit button, no worries
))
I have sent you merit from time to time, but usually not when you are talking nonsense.
Up your game and it is likely that merits will follow.. no guarantees of course, and I am not even claiming to be any kind of a sugar daddy because there are plenty of others who will send merits to quality posts, and frequently it is better not to ask,... even though surely there are guys who do like to ask (even when engaging in such "asking" behaviors in somewhat subtle (indirect) ways.
buying dip is easy if you are prepped.
Experts on Wall Observer are pepped but majority start following the FUD when price goes down.
That's your own fault if you are vulnerable to FUD.
Up your game, WatChe.... figure out a system in which you are NOT so emotional about BTC price moves... yeah, emotions cannot be completely removed from the situation, but there are strategies to cause them to become more manageable... no one is claiming it to be easy to be a bitcoin HODLer, but your abilities to be able to manage your emotions better does seem to improve with the passage of time as long as you are trying to manage your investment, and therefore, it is more and more likely that your portfolio will go into profits with the passage of time (and going into profits is not guaranteed either - especially if you are continuing to fuck around with shitcoins,
#justsaying).
From January to June 2023, the highest price of Bitcoin is mentioned in every month.
Bitcoin price January to June
January= 15,538 dollar..
February= 18,253 dollar...
March = 22,587 dollar...
April = 30,725 dollar...
May = 28,644 dollar....
June = 31,412 dollar...
July = ??
I can see the price of Bitcoin has only gone up since January 2023 this year.
January=Hold of course Bitcoin price has increased by about 19% in this six month little long term investment.
Bitcoin price is likely to rise further.
None of us should have to look at your numbers and to see that they are wrong. Did you just make up those numbers?
Just looking at January, February and March.. they are all wrong.. Why are you providing wrong information?
you fuck.I like the not infrequent, JayJuanGee "Sucks to be uie-pooie, no?"
posts.
Quick question (because it's been buggin' me for years).... how exactly does one pronounce "JayJuanGee"?
(Having said that, how does one pronounce 95% of the strange usernames in this here famous thread?)
I'm thinking "JaWONjee"....but what do I know? (besides the latest fart joke)
This is the WOb, after all.
OK Sir, nobody else seems to want to engage on this topic, so I'll jump in and 'splain the way I see it. Obviously the wordy one in question is the bot of prolific character creation with a quirky little modified dialect and an almost obsessed focus on safe investment strategy primarily (but not exclusively) based around BTC. Therefore, his moniker is clearly a modified dialect expression of his Model Number using too many characters. Model J-1 version G. (most likely indicating the 7th iteration of Model J-1) So proper pronunciation is somewhat phonetically spelled out as JayJuanGee or J-1-G. Of course what we don't know is whether firmware updates (without significant alterations requiring a new Version delineation, such as security updates rather than, say, language or character map changes) would append the model number with date code or ascending numeric additions at the end. (Such as J1.G.01072023 or J1.G.008) But really... even a bot needs a bit of OpSec!
Those are fairly decent points. I will have to take them to my handler.
Now as to my own Moniker of Copetech, if you care, is derived from my original focus of professional expertise. I sold, serviced, and educated business owners in the proper deployment of machines that produced paper Copies of documents. (Copiers, Faxes, Printers, & Scanners) So it's "Cop-E-Tech, we help you Cope with business Technologies." I sold the customer list, contracts, and inventory in 2017 as I saw the manufacturers marketing strategy that I called the "race to the bottom". By focusing on market share rather than profit, they were forcing the service industry to eliminate all high value expertise and equipment to instead deploy high turn over of cheap plastic boxes maintained by minimum wage part swapping monkeys. Add this to the technology of paperless cloud based document storage and cheap touch screens and it was clear I needed to sell while I still had something of any value. (what was that I was saying about OpSec?)
Protip: No bot should perform his own psychological review upon himself.
OK O/T rambling done, Go Bitcoin! $40k in July!
Guaranteed? or no?