Buy Buy Buy or Sell Sell Sell?

[Kelward]

This image just tells the whole story without even trying too hard.. So many persons still stuck on I will wait for the perfect entry mindset, they keep saying they will buy when Bitcoin drops to this or that price, but months pass and they are still standing on the same step, watching the market move without them. The funny thing is, even if price actually hits their dream number, most of them still freeze because fear kicks in…. Meanwhile, the person who decided to just buy a little bit consistently, no matter the price, is already halfway up the ladder without stressing over every chart move..

To be honest I'm  not in support of waiting to let price get to a favorable entry zone before buying bitcoins. In fact, waiting could mean you'll  never get to experience that price range you've  been waiting for a long time, because the market is indeed  volatile and prediction doesn't always go as plan. I could remember the early part of last month, we had several  person making prediction of bitcoin dropping down to a good buying position due to chart pattern. But price ended breaking another ATH which is $123k and market price is still around the ATH zone. The best approach to bitcoin investment that I've seen so far is accumulating bitcoin using the DCA strategy. You can imagine  a scenario where such person wanted to make an investment of $100 but waiting for the price to get to probably $75k but price didn't, it's  possible  he may end up spending the money after waiting  for a whole month and price didn't get to that level.  
But for someone  who's using DCA he might split the $100 into 10 part investing $10 weekly  while the remaining are kept as emergency fund. And it might be shocking to know that the person who is waiting  for price to get to a certain  level may not have an emergency fund to fall back to when emergency need arise, and may end up withdrawing from his Bitcoin investment.

The perfect time to buy Bitcoin is when you have the fund, no need to wait for the perfect entry point because you don't control it's price. Bitcoin is volatile and anything can happen within the shortest period of time either to your expectations or not. So don't sit and wait when you can buy, if you have the funds buy immediately and look forward to buying again. I wonder why you should wait for dip when you know that Bitcoin will reach ATH sooner or later, you can buy now and if it dip you can still buy again so far you're on DCA strategy.

For most of us that have financial responsibilities delays could be dangerous, when you budget money for something do it immediately the money enters your hands. If you don't have money in abundance there's need to be proactive, when it enters use it judiciously and if you have allocated it to buy Bitcoin don't hesitate because it's a store of value.

[Jostern]

Well we are seeing some very big gains right now. So I will not be selling any of my Bitcoin.

We are very close to a new all time high and I do think that will be very soon. So for now we should buy some cheaper sats before we do see a new all time high.

https://decrypt.co/334418/bitcoin-price-all-time-high-traders-await-key-inflation-data

As an investor who is still on my accumulation stages why should I thinking about selling my bitcoin holdings, Sometimes I wonder why people would ever think of selling their bitcoin after deciding to start investing possibly because they came acrosss some profit which I think is a mindset of a trader unless maybe you’ve probably gotten to your goal of over accumulation, and mostly get surprised when an investor tends to panic because there is a downturn in the price of bitcoin which should be an opportunity of accumulating more bitcoin considering that it doesn’t Come always. Well I must say that at this point of my accumulation stages it’s more important for me to keep accumulating consistently when I have a discretionary income. An ATH that we’re experiencing now it’s an evidence why we should keep accumulating consistently.

[blackberrman]

if you invest in Bitcoin for a long time, then if it is from 4 to 10, then it will bring success

Holding bitcoin to or 4 to 10yrs doesn't necessarily mean that our investment is going to be successful or in profit. If we look at bitcoin past record it shows that long term holders have been more successful than short term holder , however since the future is unpredictable. There are so many things or factors that may affect the performance of bitcoin. Holding bitcoin for long term may reduce the impact of short term volatility, however it doesn't mean that it has removed the chances of loss. There is still risk in long term investment, so holding for longer time isn't a guarantee that our investment is going to be successful

No one can say exactly what the price of Bitcoin will be in the future, but based on past statistics and current demand, it can be assumed that it is possible to achieve success through long-term investing in Bitcoin. I have said from the assumption that investing in Bitcoin will bring success through long-term investing. There are many very simple reasons behind this that everyone understands. For example, the demand of Bitcoin is increasing day by day, but supply is fixed , large institutions are holding a lot of Bitcoin for long-term investing. And the most important thing is that the powerful countries of the world are planning to buy  Bitcoin as their reserve currency. As a result, there will be less Bitcoin in the market in the future and the demand will increase. And the more demand increases, the more the price will increase. This is the knowledge of simple economics. Although the price of Bitcoin may fluctuate due to various influences in the world in the future, at the end of the day it will definitely establish itself as the best and most profitable option . So I think if someone has discretionary income, they should follow DCA and invest in Bitcoin regularly. And also create a reserve fund and emergency fund so that if they face any kind of financial problem in the future, they can take money from that fund and get rid of that problem without selling bitcoin that was holding .

We can never determine the price of Bitcoin, but yes, it has a bright future. If we consider history, Bitcoin has a strong history. In the past, those who invested in Bitcoin with full confidence and held it for a long time have been able to increase their wealth several times in the present. This was truly extraordinary because they proved their prudence by putting their greed behind them. Again, history has shown that many investors got scared by the fluctuations in the price of Bitcoin and sold their investments midway, which they regret in the present. Although there is no guarantee that the price of Bitcoin will increase in the future, past experience and current demand increase help us to be wise.

[Promocodeudo]

It is so funny looking at how most people are craving for a bear market only to be seeing Bitcoin making positive up trends making them to miss out good buying opportunities, it is a clear indication that the market will keep surprising people with it's unpredictability meaning that timing the market is a wrong approach towards Bitcoin investment, there is no point of selling when we know too well that we have not transit to that level of considering selling part of our holding based on the size of Bitcoin we have and how long we have been holding, this should be the mindset of a real investor.

You know some people will never learn their lesson, I have a friend thats always skeptical about everything and there nothing you'll tell him to convince him about anything, those that are waiting for the dip, didn't they see Bitcoin dipping to as low as $112k recently, so what were they expecting, so they were expecting it to dip further, some it is to bad that people still won't learn from history, we have said it countless times here that the time to buy is everytime pepep should stop making silly excuses because it won't do them any good, the market is only doing what's known for, I don't think that a bitcoiner that knows the value of Bitcoin will be surprised to see the positive movement at anytime, the people that are always surprise about Bitcoin movement is those that keep wondering about without being specific of what they actually want, anything having the mindset of selling at any given little profit isn't a hodler, a hodler is those that are moved by market pressure or anything, they futuristic.

[SOKO-DEKE]

i still remember coming into the system when bitcoin was bellow $40k and it looks as though $100k was something that is to big to even imagine, after less than two years, what can we then say?........~cut~

Yes, when the price of Bitcoin was below $40k, no one imagined that the price of Bitcoin would be $120k plus. But instead of time, now people expect $1 million in the future. So Bitcoin will be valued over time. Now I've heard the stories of some people who say investing in Bitcoin is late, while some people say Bitcoin is expensive. In fact, those who think like that have not gained proper knowledge about Bitcoin, they do not believe in Bitcoin. Now very few people have got an idea about Bitcoin and invested. But instead of time, Bitcoin will become more popular and the price will gradually increase. So if you don't want to regret it in the future, you should start investing in Bitcoin now. Because those who have not invested in Bitcoin in the past are regretting it now. So before the time passes you have to invest in the right place, which will bring good returns in the future, if we go to find the right place then we should invest in Bitcoin. So whatever the price, focus only on depositing bitcoins without planning to sell.

It's not that people did not believe that Bitcoin's price will reach $120K or even pass when Bitcoin price was still at $40k back then two years ago. It's not hiding that every cycle bitcoin price will always experience another all-time high, but the reason behind it why some people are not buying at that period of time is because they have been deceived by another set of people, telling them to invest in some shitcoin that will do better than Bitcoin.Some people followed those bad actors and invested in shitcoins. Now, they are regretting why they didn't invest in Bitcoin. Meanwhile, Bitcoin's price keeps pushing up, while the shitcoins they invested in keep dumping. In fact, some of those who invested in shitcoins have lost as much as 80% of their investment.

So, some people who didn't invest in Bitcoin, it is greediness that led them to invest in shitcoins. People have been fooled by the hype surrounding these shitcoins. But the question they need to ask themselves is.How many people have actually made it through shitcoins? It's only a few, because it's all about pump and dump and those who even making from shitcoin are those who surrounded the shitcoin projects.

[Derekfunds]

Well we are seeing some very big gains right now. So I will not be selling any of my Bitcoin.

We are very close to a new all time high and I do think that will be very soon. So for now we should buy some cheaper sats before we do see a new all time high.

https://decrypt.co/334418/bitcoin-price-all-time-high-traders-await-key-inflation-data

It is so funny looking at how most people are craving for a bear market only to be seeing Bitcoin making positive up trends making them to miss out good buying opportunities, it is a clear indication that the market will keep surprising people with it's unpredictability meaning that timing the market is a wrong approach towards Bitcoin investment, there is no point of selling when we know too well that we have not transit to that level of considering selling part of our holding based on the size of Bitcoin we have and how long we have been holding, this should be the mindset of a real investor.

It is obvious that the people waiting for the bear market are traders and they are really wasting their time because even if this bear market comes and they bought Bitcoin, since there intention is to sell when the price goes up and remember they are not always patient and  Bitcoin itself is volatile, it can decline from there and since these persons are impatient they will be tempted to sell even in loss because they can not take it any longer and that is why it is wrong to trade Bitcoin because you can't really predict the outcome and Bitcoin doesn't care if someone is a trader or not or if someone is expecting it to go up or come down that is why we should invest and hold so that all these behave of Bitcoin don't get us worried.

[Joeboy]

for many people, investing in Bitcoin feels like the most straightforward path since it doesn’t come with the same barriers or complexities as some other financial systems.

Anyone who tends to have this ideology of Bitcoin being a straightforward path as you said has gotten it all wrong, because even though Bitcoin is one of the best , reliable and most open financial systems, it still has certain complexities that cannot be ignored. If it was truly as straightforward am very such my grandmother and grandfather would have gone far in Bitcoin investments by now.

Yes Bitcoin investments may not come with the same stress and piles of paperwork as traditional Bank system, but one still need to be need to understand how wallets work, how to safeguard his/her private keys, and how to avoid scams etc. this is because there is no customer care to call when you mistakely lose his funds. So starting out in Bitcoin may feel simple but sustaining your investment safely is where the real complexity comes in.

[yixichloro2xx]

for many people, investing in Bitcoin feels like the most straightforward path since it doesn’t come with the same barriers or complexities as some other financial systems.

Anyone who tends to have this ideology of Bitcoin being a straightforward path as you said has gotten it all wrong, because even though Bitcoin is one of the best , reliable and most open financial systems, it still has certain complexities that cannot be ignored. If it was truly as straightforward am very such my grandmother and grandfather would have gone far in Bitcoin investments by now.

Yes Bitcoin investments may not come with the same stress and piles of paperwork as traditional Bank system, but one still need to be need to understand how wallets work, how to safeguard his/her private keys, and how to avoid scams etc. this is because there is no customer care to call when you mistakely lose his funds. So starting out in Bitcoin may feel simple but sustaining your investment safely is where the real complexity comes in.

[/quote]
You just made a nice point tho, the idea that Bitcoin is some plug and play, set and forge investment is misleading. While Bitcoin removes many frictions of the traditional banking system, it replaces them with a new set of responsibilities......Self custody means you are the bank. That is empowering, but it is also unforgiving. You have to understand private keys, backups, address formats, network fees, and security practices  and there’s no reversal button if you make a mistake.

It is this learning curve that filters out those who treat Bitcoin as just another speculative asset from those who truly grasp its potential as a decentralized, censorship resistant financial system. In a way, the complexity isn’t a flaw , it is part of the security and sovereignty that Bitcoin offers... And also try to edit your reply/quote very well.

[JayJuanGee]

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin.  If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be  a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

i still remember coming into the system when bitcoin was bellow $40k and it looks as though $100k was something that is to big to even imagine, after less than two years, what can we then say?........~cut~

Yes, when the price of Bitcoin was below $40k, no one imagined that the price of Bitcoin would be $120k plus. But instead of time, now people expect $1 million in the future. So Bitcoin will be valued over time. Now I've heard the stories of some people who say investing in Bitcoin is late, while some people say Bitcoin is expensive. In fact, those who think like that have not gained proper knowledge about Bitcoin, they do not believe in Bitcoin.

The word belief seems a bit misplaced, and maybe you should have said "have not studied" bitcoin.

Anyone who has any decent knowledge of bitcoin will attempt to understand bitcoin in terms of its addressable market rather than merely looking at past performance and saying "holy shit, that has gone up a lot."

People who don't know about bitcoin have been proclaiming bitcoin to be a bubble (and overpriced) ever since I have been in bitcoin since late 2013, which means they were saying that bitcoin is a bubble in the dip in 2015 when bitcoin was at $250, and they were saying that in 2019 when bitcoin was in the $4ks and they were saying that in 2023 when bitcoin was around $27k, and they keep on saying it, and it seems that the odds are pretty great that bitcoin is never going back below $70k ever again.. and it could even be the case that bitcoin never goes below $110k ever again.  Surely some numbers are more reachable than other numbers, yet in bitcoin bullmarkets, we usually to not have the bitcoin price dropping within 25% of the 200-WMA... which the 200-WMA is currently at about $51.4k, and 25% above that is $64k.. and at the same time the 200-WMA has been moving up around $45 per day, yet it could end up moving up close to $100 per day if the BTC price keeps going up rather than down.

Sure, during BTC bear markets, the BTC price may well touch upon or go below the 200-WMA.. which makes it more difficult to assert with confidence that sub $100k will never be reached again or even that sub $100k might be plausible to reach in the coming year or two. 

At the same time, many of us can recognize and appreciate that bitcoin's addressable market can still bring bitcoin up 5x, to 10x, to 20x, to 50x, to 100x, to 1,000x and likely even more from here .. even though it could still take 50-200 years for some of the higher multiples/magnitude numbers to play out, but the lower level multiple/magnitude numbers of up to 20x from here, could end up happening this cycle (within the next 6-12 months) or within the next cycle (up to  years from now)... So 6 months to 8 years is a big range of uncertainties.. and surely some unknowns in the process of going through future times.. while at the same time, if guys do not have absolutely any bitcoin and they are proclaiming doom and gloom for bitcoin (negative and/or flat numbers from here), they are likely not really understanding bitcoin and they might need to study it and invest in it... yet at the same time, these kinds of folks who are not investing into bitcoin are failing/refusing to prepare for UP, which has been an ongoing theme in bitcoin since I have been here.. the low coiners and/or no coiners failing/refusing to prepare for up.. surely an ongoing bitcoin theme.. and likely going to again and again find themselves without as many bitcoin as they could have or should have if they had been seriously looking into bitcoin and at least getting some bitcoin along the way..

Now very few people have got an idea about Bitcoin and invested. But instead of time, Bitcoin will become more popular and the price will gradually increase.

There is a battle with bitcoin, so there are likely going to be ups and downs along the way.  Sure it is possible that bitcoin could gradually increase, yet I doubt bitcoin plays like that... so it seems overly presumptive and perhaps naive to frame bitcoin as if it were some kind of a stable asset, which it does not seem to be, even though surely it is likely that the price curve will continue to be up.. especially if we are looking at something like the 200--WMA which might serve as a kind of bottom-ish guide.

So if you don't want to regret it in the future, you should start investing in Bitcoin now. Because those who have not invested in Bitcoin in the past are regretting it now. So before the time passes you have to invest in the right place, which will bring good returns in the future, if we go to find the right place then we should invest in Bitcoin. So whatever the price, focus only on depositing bitcoins without planning to sell.

I agree with your points here, yet investing in bitcoin is not guaranteed to be profitable in the future, even though bitcoin is amongst the best (if not the best) place to put time, energy and value... but yeah, everyone is responsible to make their own choices regarding whether to get into bitcoin and how much to get into it.

[edited out]

That's how crazy things goes. People don't see its value unless it reach unto that figures mentioned.

For so many times Bitcoin already show great potential and imagine on what value it start then it reach at current figure. That's why with those progress achieve by Bitcoin this should be a proof or something indicator that Bitcoin has more to offer. That's why its still not late to buy even if Bitcoin would reach at $120k since there's good chance that it will reached for more figures. We should remember that Bitcoin had limited supply. There's huge chance for Bitcoin to reach at $200k or even break those $500k prediction drop by lots of people. That's why better start to invest now and throw away their doubts in Bitcoin.

Even though it is not guaranteed, bitcoin is going much higher than $500k.. so there will still be a lot of folks entering bitcoin at $500k and above.. so hopefully guys get some grasps in regard to bitcoin... and yeah, we cannot know which prices in which timelines, even though we can have some directional ideas about bitcoin's ongoing likely adoption and ongoing likely price appreciation, even though it may well not be a straight line and we could have periods in which the BTC prices are down for several years.

[yixichloro2xx]

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin.  If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be  a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

The history can also  be intimidating with big crashes and wild swings, but if a person zoom out, the long term trend has rewarded those who stick with it. Putting in a large amount early can work out great if the timing is right, but it can also be tough emotionally if the price drops soon after. That is why continuing to buy over time, even when things look rough, can be a smarter and more balanced way to build your position. It takes the pressure off trying to guess the perfect moment.

It is also true that you usually need to go through at least one full cycle to really understand what bitcoin is all about and to start seeing real gains. These four year cycles, especially with the halving events, tend to shape the market in ways that aren’t obvious at first. People who expect quick profits in just a few months or even a year often get discouraged, but those who stay patient and keep building usually come out ahead. It is not just about making money fast, it is about learning, adapting, and growing with the asset.

So yes, if  you continuing to buy and hold through the ups and downs makes a lot of sense, especially if you are  thinking long term. Although, bitcoin is more than just an investment.... It represents a completely new kind of financial system. Those who approach it with a long term mindset rather than chasing quick gains are often the ones who see the greatest rewards. It can be challenging, especially during price dips, but staying committed and steadily building over several market cycles is where real resilience and opportunity emerge.

[Nathrixxx]

It is also true that you usually need to go through at least one full cycle to really understand what bitcoin is all about and to start seeing real gains.

We cannot overlooked on some specific aspects of bitcoin investment and how we could go about in it's profitability, staying long in the market is important because we are going to hold and in doing so for years, if possible after two consecutive halving, we can be profitable in our investment beyond measure, which is the first aspect and best suit in for those willing to hold for long their investments asset .

On the other side, it may not require this much, but we have to consider the rate at which we may be into profits on this not to be ad upto the first decision mentioned above, as we may only be buying the dip and selling when the market pumps and we continue with this all over again, it allows to earn at every market phase wr are as we maintain with our investment, this strategy may be o ly best for the experienced investors, while the other can be done by newbies because all they have to do is holding over time to be in gain.

[I_Anime]

It is also true that you usually need to go through at least one full cycle to really understand what bitcoin is all about and to start seeing real gains.

We cannot overlooked on some specific aspects of bitcoin investment and how we could go about in it's profitability, staying long in the market is important because we are going to hold and in doing so for years, if possible after two consecutive halving, we can be profitable in our investment beyond measure, which is the first aspect and best suit in for those willing to hold for long their investments asset .

On the other side, it may not require this much, but we have to consider the rate at which we may be into profits on this not to be ad upto the first decision mentioned above, as we may only be buying the dip and selling when the market pumps and we continue with this all over again, it allows to earn at every market phase wr are as we maintain with our investment, this strategy may be o ly best for the experienced investors, while the other can be done by newbies because all they have to do is holding over time to be in gain.

Buying when the price down and selling when is high sound more of trading true investor focus on building their stash first . Because your profit depends on how much coin you have accumulated so and stuff. So in investing scenarios we focus on long term and building our bitcoin stash too , so that we can make the best out of the wonder opportunity to buy bitcoin while is still early   , compare to the main potential in bitcoin’s.

[fullfitlarry]

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be  a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

Exactly, historically, we have seen how volatility can be frightening to newbies, but yet it's rewarding. In 2018, it was a violent drawdowns, at -80%, -77% in 2022. Which can really scare newbies is they look back at Bitcoin's history. Yet, for those who have stayed throughout this drawdowns whether buying once or continued to stacks sats using the DCA method have been rewarded in the following cycles. The key here, although for newbies is going to be hard to understand, is that volatility is not a bug but rather a feature that we should deal face up and treated as a feature. What matters is seeing the bigger picture, and what matters is the long trend. Bitcoin has a cycle, we already know that, we have the bear market and bull run (tied to it's halving event). We have examples of newbies buying at the top of ATH, like in 2017 ATH at $20k, but then in 2018 it fell at $3k, but by 2021, ATH at $69k, and if you look at it, even at "worst case" entry was profitable (~3.5x return). And it also proved what others like you have been saying and it's proven correct, Bitcoin isn’t a get-rich-quick scheme. It’s a get-rich-slowly (but asymmetrically) asset. And we will be rewarded if we treat it as a long term savings, not a speculative asset that we trade day in day out. Or maybe another saying form Michael Saylor,

Many investors might be considering an exit at this point, but not Saylor.

“Bitcoin," he told Bloomberg, "is the exit strategy.”.

https://www.coindesk.com/business/2024/02/20/michael-saylor-on-exiting-bitcoin-bitcoin-is-the-exit-strategy

[Iamgoat]

This image just tells the whole story without even trying too hard.. So many persons still stuck on I will wait for the perfect entry mindset, they keep saying they will buy when Bitcoin drops to this or that price, but months pass and they are still standing on the same step, watching the market move without them. The funny thing is, even if price actually hits their dream number, most of them still freeze because fear kicks in…. Meanwhile, the person who decided to just buy a little bit consistently, no matter the price, is already halfway up the ladder without stressing over every chart move..

To be honest I'm  not in support of waiting to let price get to a favorable entry zone before buying bitcoins. In fact, waiting could mean you'll  never get to experience that price range you've  been waiting for a long time, because the market is indeed  volatile and prediction doesn't always go as plan. I could remember the early part of last month, we had several  person making prediction of bitcoin dropping down to a good buying position due to chart pattern. But price ended breaking another ATH which is $123k and market price is still around the ATH zone. The best approach to bitcoin investment that I've seen so far is accumulating bitcoin using the DCA strategy. You can imagine  a scenario where such person wanted to make an investment of $100 but waiting for the price to get to probably $75k but price didn't, it's  possible  he may end up spending the money after waiting  for a whole month and price didn't get to that level.  
But for someone  who's using DCA he might split the $100 into 10 part investing $10 weekly  while the remaining are kept as emergency fund. And it might be shocking to know that the person who is waiting  for price to get to a certain  level may not have an emergency fund to fall back to when emergency need arise, and may end up withdrawing from his Bitcoin investment.

The perfect time to buy Bitcoin is when you have the fund, no need to wait for the perfect entry point because you don't control it's price. Bitcoin is volatile and anything can happen within the shortest period of time either to your expectations or not. So don't sit and wait when you can buy, if you have the funds buy immediately and look forward to buying again. I wonder why you should wait for dip when you know that Bitcoin will reach ATH sooner or later, you can buy now and if it dip you can still buy again so far you're on DCA strategy.

For most of us that have financial responsibilities delays could be dangerous, when you budget money for something do it immediately the money enters your hands. If you don't have money in abundance there's need to be proactive, when it enters use it judiciously and if you have allocated it to buy Bitcoin don't hesitate because it's a store of value.

DCA approach still remains the best approach to bitcoin investment for the majority of the people. While the rich people have the resources to be able to buy bitcoin and invest in lump sums, many of us do not have such opportunities and resources so we have to buy what we can afford to buy using the meager resources within our reach. Investing in Bitcoin is a practice that is supposed to be popularized at all levels, it is an aspect of financial independence which should be taken seriously by all people irrespective of their financial status or financial condition. Sooner or later, everyone who spared some funds today and invested it in bitcoin instead of spending will have one reason or another to be thankful for the decision made by them today in investing what they can afford to invest and being consistent about it.

[LOCKACO]

Well we are seeing some very big gains right now. So I will not be selling any of my Bitcoin.

We are very close to a new all time high and I do think that will be very soon. So for now we should buy some cheaper sats before we do see a new all time high.

https://decrypt.co/334418/bitcoin-price-all-time-high-traders-await-key-inflation-data

Your observations align with recent market activity. Bitcoin did recently attempt to break its all-time high, reaching a value of over $122,000, which was very close to its July 14, 2025, record of $123,236. This attempt, however, was met with resistance, leading to a pullback to the $118,000 range.
From my i own view I believe a new all time high will soon be here, and it will be sooner than later

so as the thread name BUY BUY BUY

[Gallar]

Switching from investing to trading means that person has still not understood the concept of investing in bitcoin but has just being following people to invest because they are investing and want to be recorded or answering name of bitcoin holder, he his not investing out if his own wish and that is why when the price of bitcoin remains a bit constant for a period of time just as it is now, they tend to switch over to trading, we don't see those persons as real investors but passers by in the bitcoin investment sector.

Those set of persons are traders, who are only trying to be convinced with investing in bitcoin, but still are yet to understand it .

Yes, it's clear that such people are traders, not true investors. Because if someone truly wanted to become a Bitcoin investor, they certainly wouldn't switch to trading just because the Bitcoin market is somewhat stable. But personally, I don't care too much about such people's behavior, because ultimately, they will learn a lesson for their actions. So, for now, we'd better focus on being consistent with our Bitcoin accumulation. Because, believe me, changing someone's mindset or perspective is very difficult. So, let such people realize it on their own.

Everyone has their own plans, and I don't think it's wrong to do that. Sometimes, people want greater profits or accumulate assets more quickly and in greater numbers. Although the risks involved in trading are significant, such bets are feasible for those who understand trading and have the confidence to do so.
I believe our goal is the same: to profit in the future, even if our paths and strategies differ.

And I do both: investing for the future by slowly accumulating Bitcoin using the DCA method. I also trade with different currencies, with the goal of accumulating more Bitcoin in the future from my trading profits.

Yes, of course, everyone has their own plans, and that's their right. But honestly, I find it a bit unrealistic to trade and invest the profits in Bitcoin. As far as I know, trading is very difficult to profit from, even for experienced traders. Therefore, I feel it's unrealistic. The potential for profit in trading is very minimal. Therefore, in my personal opinion, rather than using the money for trading, it's better to use it to accumulate Bitcoin. This won't be a stressful experience, and the risks are minimal. But, if you use your money for trading, you could lose it. But this is just a suggestion, and the final decision is ultimately yours.

[mich]

Well we are seeing some very big gains right now. So I will not be selling any of my Bitcoin.

We are very close to a new all time high and I do think that will be very soon. So for now we should buy some cheaper sats before we do see a new all time high.

https://decrypt.co/334418/bitcoin-price-all-time-high-traders-await-key-inflation-data

Your observations align with recent market activity. Bitcoin did recently attempt to break its all-time high, reaching a value of over $122,000, which was very close to its July 14, 2025, record of $123,236. This attempt, however, was met with resistance, leading to a pullback to the $118,000 range.
From my i own view I believe a new all time high will soon be here, and it will be sooner than later

so as the thread name BUY BUY BUY

Well yes now it is a good tie for us to buy some cheap sats. I do not mind if it does take a little longer to reach the new all time high.

I am spending my fiat to get these sats because I know I will make alot of profit. So I am making more gains to buy them now. I do not think we will have a 'bear market' real soon.

[kanftka]

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin.  If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be  a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

Yeah, I get you completely on this one. Bitcoin history can really make some people second guess themselves, especially when they see those nasty dips after the hype dies down. But like you said, when you put in as much as you can, within reason, and front load early, it has a way of paying off if you give it enough time…. The problem is, most people expect the payoff too soon… One cycle is not always enough for you to build that real confidence, because Bitcoin will test your patience before it rewards you…

I also think your point about ongoing buying is huge.. If someone dumps a lot in at once and the price tanks, it can feel like a punch. But if you keep adding bit by bit through the highs and lows, it smooths things out and keeps your average cost in a safer spot…

And yeah, chasing big profits in less than four years? That is asking for stress. Bitcoin is a long game the real wins come when you hold through multiple cycles, not just one. It is like you said, do not box yourself into a single cycle, let keep stacking and stay patient, and let time do his thing…..

[yixichloro2xx]

It is also true that you usually need to go through at least one full cycle to really understand what bitcoin is all about and to start seeing real gains.

We cannot overlooked on some specific aspects of bitcoin investment and how we could go about in it's profitability, staying long in the market is important because we are going to hold and in doing so for years, if possible after two consecutive halving, we can be profitable in our investment beyond measure, which is the first aspect and best suit in for those willing to hold for long their investments asset .

On the other side, it may not require this much, but we have to consider the rate at which we may be into profits on this not to be ad upto the first decision mentioned above, as we may only be buying the dip and selling when the market pumps and we continue with this all over again, it allows to earn at every market phase wr are as we maintain with our investment, this strategy may be o ly best for the experienced investors, while the other can be done by newbies because all they have to do is holding over time to be in gain.

When we talk about Bitcoin investment, there are certain fundamentals that cannot be ignored if we want lasting profitability. The first is time. Bitcoins growth has historically rewarded those who hold through the years, especially across multiple halving cycles. Two consecutive halvings can completely change the value landscape, and those who stay the course often see returns that far exceed short term expectations. This approach does not require constant market monitoring, it requires patience, conviction, and the ability to think in years rather than weeks.

The second one is understanding your capacity before you even start..... This means being honest about whether you have money you can set aside without it affecting your daily life. Discretionary income, the funds left after all essential needs are met, is what should be allocated to Bitcoin. Investing beyond your comfort zone can lead to poor decisions driven by pressure or fear, and that is the fastest way to derail your goals.

Combining patience with knowledge is one of the most effective ways to approach Bitcoin. By committing to consistent contributions, avoiding emotionally driven decisions, and keeping your focus on the long term vision, you create the best conditions to benefit from Bitcoins unique growth over time.

[Jostern]

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be  a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

That is absolutely true, Actually I was scared as well considering the details and history of Bitcoin how Bitcoin is a volatile asset, that the price do fluctuate and also the volatile nature of Bitcoin that makes it unpredictable at some point I was wondering how I would be able to invest and continue accumulating when my asset would be moving upwards and downward, then I gained momentum and motivation when I realized that I could invest and continue to hodl for a long term goal instead of always thinking about the inconsistency of the price and market nature, sometimes I would prefer buying more and consistently on a gradual process when I have a discretionary income, which sometimes when an opportunity of more discretionary income well I could decide to front load instead of buying all at once which might not really happen for me in a long term, and I might find it very difficult to keep up with that strategy because of insufficient discretionary amounts to keep front loading then it will be more sustainable to keep buying little by little on a gradual scale, sometimes when we front load probably aiming to have profit in less than a full circle might actually be nonproductive because we might face some challenges with the price of bitcoin fluctuating, we might even need to still endure for more than one circle to have the opportunity to have enough profit, which is more wise to entertain buying gradually, and small small on a weekly or monthly basis when we have a discretionary amount. I will keep building and holding which is possible with more than one circle so to have the opportunity to accumulate enough bitcoin and still continue to sustain my Bitcoin instead of limiting myself to a single circle.