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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 102051 times)
Tamaperdana
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January 21, 2025, 12:58:50 PM
 #3061

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Yes, basically waiting too long for the price of bitcoin to go down to make a purchase is not a good thing. Because these actions can indeed make us waste opportunities. But I think if people already understand the bitcoin market, and have had quite a long experience, I don't think there's any harm in waiting for a cheap price to buy bitcoin. Because in this case we have to think realistically, because if there is an opportunity to buy bitcoin when there is a decline, why don't we take that opportunity. Because after all, buying bitcoin when the price is lower will certainly make our portfolio bigger when the price of bitcoin rises. So we also cannot assume that people who wait for the price of bitcoin to fall to make purchases are wrong, because this is a normal action for an investor. Because basically we all know that Bitcoin will continue to experience price increases as time goes by. But I think there's no harm in waiting for a slight decline to make purchases on bitcoin. Because basically a bitcoin investor also definitely has the desire to be able to maximize every opportunity that exists. And for bitcoin investors who continue to do DCA, I also really like that. So the point is that we, as bitcoin investors, must respect each other's methods when making purchases.

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January 21, 2025, 01:22:20 PM
 #3062

I don't always blame those who did not invest in Bitcoin, some are not inclined to internet investment, while others who can risk it might not have the needed trust in it, and you can't blame them for that, it takes time.

Many have also been scammed in the name of Bitcoin, with Ponzi, direct fraud and even by those who introduced it to them, and their mentors. Not everybody is lucky to follow the right channel and I tell you today that my adoption of Bitcoin was late because of my scepticism then and I would even have been scammed by all those useless centralised wallets like freewallet.org.

Thanks to Bitcointalk. So we should continue to encourage those who are in this category, guide them and furnish them with the needed resources to read. With time, and also with how Bitcoin has proven itself to be a worthy investment, they will be convinced and invest eventually.

Buddy when you said you won't blame those who could not invest in Bitcoin are you generalizing or just a limited number of them that fall to the category to those constraints that you mentioned, though if it for those that falls to those stuffs you listed then we can't blame them but as for those who got the information earlier and werent in any having any challenges that can stop them from investing and stiil didnt invest then we can blame them because such opportunity may not present itself again, though they are free to now since Bitcoin is very much active but I believe they have learnt there lessons.

Yea some individuals have been a victim of scam as a result of wanting to invest Bitcoin but as a matter of fact the reason for that is because  lack of awareness and individual being unable to differentaite between Bitcoin and any other scam stuff out there, though your narration is right, individual reason for late adoption of bitcoin differs due to different experiences just as you've said already.

Yea I agree to your conclusions but while we are doing that, let's not be in anyway persuasive in other not to get the whole thing wrong, I have come to understand that there is nothing you'll tell some people that will make them change there mind towards something they don't actually believe in, for me we can't force them to believe in it if we have actually make them see reasons why they should invest in Bitcoin, although when conversation is going on, we may get to know this set of persons and know how to follow them accordingly.

 
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January 21, 2025, 01:56:44 PM
 #3063

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Regardless of missing the opportunity or not in the end everyone does have their own scheme in collecting bitcoins.
It is undeniable that when someone waits, momentum can be missed but when the decision is taken in accordance with the beliefs they have, in the end they will not budge with their collection scheme because they will think it is the most correct.

For some people, things like this become a condition that does seem to waste their time and momentum but it cannot be denied that everyone has a strategy for the collection carried out in their investment so it will be very difficult to intervene in every decision taken because in the end things like this return to their respective beliefs when trying to invest in bitcoin.

 
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Dzwaafu11
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January 21, 2025, 02:15:43 PM
 #3064

Regardless of missing the opportunity or not in the end everyone does have their own scheme in collecting bitcoins.
It is undeniable that when someone waits, momentum can be missed but when the decision is taken in accordance with the beliefs they have, in the end they will not budge with their collection scheme because they will think it is the most correct.

For some people, things like this become a condition that does seem to waste their time and momentum but it cannot be denied that everyone has a strategy for the collection carried out in their investment so it will be very difficult to intervene in every decision taken because in the end things like this return to their respective beliefs when trying to invest in bitcoin.

If you understand me correctly, you will know that what I’m trying to say is not that when someone makes a decision not to invest in bitcoin at some certain price due to conditions. What I’m trying to say is that some people have the money, and they always reserve that fund for bitcoin investment, but they are still thinking of waiting for it when it dips; that is when they will invest in bitcoin.

These are the people I said are missing an opportunity since, regardless of the price, you are still going to hold the bitcoin for a long time, and after holding it for a time, you will still get your profit.
 
So I’m not saying some people don’t want to invest when the market is at a high price and they are missing opportunities; of course everybody has their own reasons for waiting, but to me, as long as the money is for the investment, just do it regardless of the current price.

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Promocodeudo
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January 21, 2025, 03:58:42 PM
Merited by JayJuanGee (1)
 #3065

There is nothing more foolish than delaying your Bitcoin investment.

Suppose you were thinking of buying Bitcoin, but you waited a little longer and the price went up. Now, you may be forced to buy at a slightly higher price than before, or it may be that the money you had at that time was spent elsewhere and you no longer have the opportunity to buy Bitcoin. We call this situation delay.

We can consider the loss caused by this delay as an expense. Simply put, if you fail to buy Bitcoin at the right time, you will not be able to recover the loss you have made. For example, you had enough money in hand, but if you delay, you will miss the opportunity.

Now, if you are thinking of buying at the dip, it is a little different. Suppose the market is in a recession and you buy Bitcoin at that moment, then you buy it at the right price, and you know that this is a good time, because the price may go up again. Here you are making good use of the opportunity of time.

However, in case of delay, the opportunity you had is gone and you may now have to buy at a loss or at a higher price, which you could have avoided earlier. Got it?

Simply put, if you do not act on time, the opportunity you had will be gone and you will have to pay for it. And in case of buying a dip, you are waiting, but delay is not the same thing. So we should start investing now without delay.

Buddy what do you mean by saying there's nothing foolish than one delaying his or her Bitcoin ( your exact words on quote) and at the same time saying that unless one wants to buy at the dip, don't you think both investors waiting to buy during the dip and intending investors delaying their Bitcoin investment plan are actually doing the same thing, you condemned thiose delaying their Bitcoin investment but never did the same to do those waiting to buy during the dip which is one of the most dangerous delay techniques that may deprive individual investors the opportunity to be part of Bitcoin investment, be it as it may, I want you to understand that both terms are delay in bitcoin investment settings as such none of them are suppose to be encouraged as far as Bitcoin investment is concerned.

Mate you should understand that money can only be our friend when we actually know what to do with it, Bitcoin investment requires money and that's why it's advisable for every investor to invest once they are financially and mentally ready, it isn't nice to see the dip as the best time to invest in Bitcoin reason being that Bitcoin is a long-term investment that doesn't have a particular time or period thats a must for investors to invest in it and beside even though there will be dip, no one knows how long it wiil last, so why waiting when you know that your target is for a long-term, for me I think being aware of the aforementioned Bitcoin concept should be the reason why individuals shouldn't wait to buy at the dip instead they should continue buying all time and may be increase their  DCA amount when their peceived good opportunity calls.

Am not a party to delay neither am I in support of anyone that's considering buying during the dip as an option, my set goal is simple which is buying at all time with DCA method which allows me to buy with the amount I can afford to invest with consistently, steadily and hodl for a long-term which I can also increase once my income upgrades.

 
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January 21, 2025, 04:10:53 PM
Merited by Promocodeudo (2), JayJuanGee (1)
 #3066

Suppose you were thinking of buying Bitcoin, but you waited a little longer and the price went up. Now, you may be forced to buy at a slightly higher price than before, or it may be that the money you had at that time was spent elsewhere and you no longer have the opportunity to buy Bitcoin. We call this situation delay.
I never support this because thinking about buying BTC in a hurry is foolish. Those who do not understand anything will do this, but those who act wisely will never buy Bitcoin in a hurry. If you may have money but cannot buy Bitcoin, you definitely should not. To buy Bitcoin, you need to understand Bitcoin well, and then you invest in Bitcoin according to your convenience. It will be best. You cannot do anything like I bought Bitcoin whenever I wanted and then sold Bitcoin whenever I wanted. It seems good that you can maintain DCA and invest, even if you have to wait a little for that.
It doesn't take too long to understand the basic thing about Bitcoin before starting your investment. If you have the money to buy Bitcoin and want to start investing then buy Bitcoin now. A day or two is more than enough to learn how to buy Bitcoin and choose a suitable strategy to start investing. Don't make it look like there is a whole complex thing that only a few can be able to comprehend.

People should not rush investing in Bitcoin if they are not financially capable. When I say financially capable I mean that they should have a steady income flow aside from their first capital. Because the investment does not end after making the first purchase if you really want to get more profit it is buy investing towards a target. That target can be broken down into several milestones with a consistent purchase until the target is met.

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January 21, 2025, 04:58:52 PM
 #3067

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin
Delays are not dangerous, it's the ignorance and greed that are, in my opinion.
Nothing wrong with buying Bitcoin later - even if the price would differ, if you would apply hodling it appropriately, everything would still be fine.
Delay by definition is not doing what you are supposed to do at the right time. In business, most delays attract what is called demurrage which is like a penalty paid for such delays and paid by the party that caused the delay. In Bitcoin investment, delay can be liken to a situation where an investor have the money to buy Bitcoin but might still be delaying to do that thereby missing the opportunity to buy at lower prices or buying at all because something might happen and make him spend the money on things he never would have bothered to buy when there is no such funds in his hands. This is the price he paid for delays and it also confirm that for every delay in a thing, there is always a cost.

Make no mistakes, delay is not the same thing as waiting for market to correct so you you buy at the dip, this is different in every aspect you view it. Buying the dip means you are just waiting for the right time to buy at the right price and never the same thing as delay.

In other words delay still means trying to do a different thing when you know what to do and how to do it but you keep procrastinating on when to take the right steps to do it. Long term investor should not be bordered about what the market is looking like because at every moment where there is a missed buying opportunity the Bitcoin investor will find it difficult to recover that moment because it will e difficult to meet the market at the same price level the next moment you decides to make the decision to buy. Strong Bitcoin holders do not play with chances they capitalize on every given opportunity once they have money and they do not consider the price they only care about the number they are able to accumulate they are not moved by what the market is say because they are sure that buying now and buying tomorrow there's always another change in price. Buying the dip should only happen when you meet the market at the dip but depending on the dip before buying shows a lot of unseriousneas and it is only a new holder who thinks more or making quick profit that will delay in buying Bitcoin because of the information of a dip.


When investing in Bitcoin, you should not think too much and invest as soon as you get the money. Basically, seasoned investors invest in Bitcoin as soon as the opportunity comes to them without looking at the time of day. When investing in Bitcoin, the main thing should be the number, the price is not the main thing. If you invest in Bitcoin slowly and at different prices, it is very good for the average purchase price. And in this case, the big advantage is that if the price decreases, there is no reason to worry.

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January 21, 2025, 05:18:19 PM
 #3068

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Yes, basically waiting too long for the price of bitcoin to go down to make a purchase is not a good thing. Because these actions can indeed make us waste opportunities. But I think if people already understand the bitcoin market, and have had quite a long experience, I don't think there's any harm in waiting for a cheap price to buy bitcoin. Because in this case we have to think realistically, because if there is an opportunity to buy bitcoin when there is a decline, why don't we take that opportunity. Because after all, buying bitcoin when the price is lower will certainly make our portfolio bigger when the price of bitcoin rises. So we also cannot assume that people who wait for the price of bitcoin to fall to make purchases are wrong, because this is a normal action for an investor. Because basically we all know that Bitcoin will continue to experience price increases as time goes by. But I think there's no harm in waiting for a slight decline to make purchases on bitcoin. Because basically a bitcoin investor also definitely has the desire to be able to maximize every opportunity that exists. And for bitcoin investors who continue to do DCA, I also really like that. So the point is that we, as bitcoin investors, must respect each other's methods when making purchases.
Buying when the price of bitcoin is low is good  because it gives more chance and opportunity of buying enough Bitcoin but waiting for it to drop before accumulating Bitcoin is not a good strategy of accumulating Bitcoin expecially as a new investor it will look as if you are not serious with your bitcoin investment which is right because it will relay or slow down your bitcoin journey you will also miss more market opportunities while waiting for bitcoin to drop meanwhile with the DCA strategy one can accumulate anytime it doesn't matter if bitcoin price is high or not for it will help you accumulate Bitcoin regularly it could be every week or month regardless of the price bitcoin is and HODL for long. You can actually decide to wait for the dip before accumulating probably if you have gotten to your accumulation point but not for people who just started Bitcoin investment newly.
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January 21, 2025, 05:37:56 PM
Last edit: January 21, 2025, 05:48:40 PM by Miles2006
Merited by Mayor of ogba (2)
 #3069

Suppose you were thinking of buying Bitcoin, but you waited a little longer and the price went up. Now, you may be forced to buy at a slightly higher price than before, or it may be that the money you had at that time was spent elsewhere and you no longer have the opportunity to buy Bitcoin. We call this situation delay.
I never support this because thinking about buying BTC in a hurry is foolish. Those who do not understand anything will do this, but those who act wisely will never buy Bitcoin in a hurry. If you may have money but cannot buy Bitcoin, you definitely should not. To buy Bitcoin, you need to understand Bitcoin well, and then you invest in Bitcoin according to your convenience. It will be best. You cannot do anything like I bought Bitcoin whenever I wanted and then sold Bitcoin whenever I wanted. It seems good that you can maintain DCA and invest, even if you have to wait a little for that.
Money spent somewhere else is understandable that’s why it’s not good holding fiat or wait alittle before investing, the only foolish act anyone can display is forcing investing while exceeding their budget else I see no hurry investing when the person is financially capable why not start investing now besides investing should be done freely out of one will. Understanding basic bitcoin is not a difficult task but bitcoin knowledge generally is broad so no one should think of learning everything first before investing rather a newbie who is willing to learn gradually they can start their journey along side learning although the last paragraph has to do with planing and target honestly with the right planning there’s no such as buying and selling quickly.


We can consider the loss caused by this delay as an expense. Simply put, if you fail to buy Bitcoin at the right time, you will not be able to recover the loss you have made. For example, you had enough money in hand, but if you delay, you will miss the opportunity.
The way you say it, it is understood that you should buy Bitcoin with a lot of excitement and then sell it again. Making a Bitcoin video cannot be like this. Here, just because you have money, it does not make sense to buy Bitcoin immediately. To buy Bitcoin, you need to understand when to start. If the market situation is good now, it may crash a little in the future, so you need to wait a little. As you said, it is wrong to invest in Bitcoin by calculating profit and loss like this.
In as much as we encourage early adopters to buy and hold for the long run doesn’t mean they’ll encounter loss after investing during the bull. Anyone can invest but it doesn’t necessary have to do with timing the market or the price like when facing a decline, we can’t tell 100% but loss is definitely far from an investor who already has a long term plan and from the explanation above that’s a short term planning and it’s right to say those with short term plan don’t make profit meanwhile starting at anytime can still be considered by an investor.

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January 21, 2025, 06:36:13 PM
 #3070

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Of course, those who are still delaying investing in Bitcoin are missing out on a golden opportunity, as the price of Bitcoin was not as high in the past as it is today. So it won't be like this in the future either, it will increase a lot in the future compared to now. People who are afraid to invest i.e. those who are afraid to take risks delay investing. We have to remember that time never waits for anyone, so you should buy Bitcoin at any price as soon as you get the chance. Since I have money i.e. I am financially independent then why should I hesitate to buy bitcoins, we have to think today is the best time to buy bitcoins not tomorrow. Everyone should buy Bitcoin immediately if they have money.
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January 21, 2025, 09:15:27 PM
 #3071

Of course, those who are still delaying investing in Bitcoin are missing out on a golden opportunity, as the price of Bitcoin was not as high in the past as it is today. So it won't be like this in the future either, it will increase a lot in the future compared to now. People who are afraid to invest i.e. those who are afraid to take risks delay investing. We have to remember that time never waits for anyone, so you should buy Bitcoin at any price as soon as you get the chance. Since I have money i.e. I am financially independent then why should I hesitate to buy bitcoins, we have to think today is the best time to buy bitcoins not tomorrow. Everyone should buy Bitcoin immediately if they have money.
Regret will not open up better opportunities for ourselves. Forget it, forget the price, forget the desire to sell and start today with a new page to continue buying bitcoin and holding bitcoin. Many investors have entered the market in other words they are novice investors, they want to make bitcoin an old age asset or a long-term asset. For that, we who have known bitcoin earlier, don't be ashamed to start a new investment page if we have previously made mistakes.

Look, how happy investors are who can hold bitcoin longer than those who sell it. I think the desire to have it back must be there, so just start with a new plan and continue to accumulate throughout the period we have planned. It feels like 10 years is so fast, so a duration of 10 years is certainly very good if you want to use it as a benchmark for long-term investment.
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January 21, 2025, 09:24:36 PM
 #3072

I totally understand your point though sometimes it is not just about knowing something that will make one to be aware of the benefits of that particular thing because I have seen a lot of people who understands or let me use the word know,  they know Bitcoin but they don't still understand the benefits of holding for long term because they are just in interested in short term profit. However, the time one start holding Bitcoin doesn't really matter what matter is, how consistent, discipline, patient etc they are with their holding and the ability to manage their investment.
I don't always blame those who did not invest in Bitcoin, some are not inclined to internet investment, while others who can risk it might not have the needed trust in it, and you can't blame them for that, it takes time.

Even though you are factually correct that bitcoin is "an internet investment," it can be quite problematic when bitcoin is actually thought of in that kind of a way, even if it is factually correct.

There has to be some kind of a feel or understanding regarding how technology has actually discovered (if not invented) a way in which there is a money (namely bitcoin) that is more sound than any money that has ever existed.... and a kind of way that bitcoin has changed all previous paradigms of how value is stored and/or how it is transmitted, and yeah it is digital and it is information that has value attached that cannot be duplicated.. and yeah there is technology that is still tethered to man and interactions through the energy invested into mining that solves the blocks yet incentivized the competition of miners to attach real world computation/energy to rewards that come through correctly guessing the blocks.. and for sure technical and for sure ingenious, yet at the same time a paradigm change in money.. that may well be close to impossible to replicate - even though there are surely a lot of attempts to replicate, imitate, copy and really affinity scam off of it, and at the same time, bitcoin is the one that resolved the issue and bitcoin is the leader not ONLY because that they were first, but  that the same problem has a very unlikelihood of replication, including that there are no needs for any others once pegged to bitcoin..

and yeah, there may not be any needs to understand anything too exact about why bitcoin resolves any problem to accept that taking a position in bitcoin is still within the interest of everyone, and sure the more skeptical may well end up taking a smaller position than the one who believes more, yet the answer to the question about investing into bitcoin should end up being not about whether but instead about how much.... and so anyone answering no to the whether, then they are just going to have to live with their chosen state of having fun staying poor, at least until they might later come to bitcoin at a later date and then end up answering affirmatively and correctly to the "whether" question..

Surely some folks have challenges when it comes to the technological part, so figuring out whether to store bitcoin through some exchange (third party) or figuring out how to hold it themselves in a secure way... and I am not going to say that the hurdles of getting in are easy, which likely helps to demonstrate that any of us buying and/or adopting bitcoin and answering affirmative to the whether question, are still quite early to bitcoin.

Many have also been scammed in the name of Bitcoin, with Ponzi, direct fraud and even by those who introduced it to them, and their mentors. Not everybody is lucky to follow the right channel and I tell you today that my adoption of Bitcoin was late because of my scepticism then and I would even have been scammed by all those useless centralised wallets like freewallet.org.

Yep. Not easy to figure out both 1) bitcoin first, and 2) don't fuck around with trading.  Two important lessons for beginners to hopefully learn earlier rather than later.

Thanks to Bitcointalk. So we should continue to encourage those who are in this category, guide them and furnish them with the needed resources to read. With time, and also with how Bitcoin has proven itself to be a worthy investment, they will be convinced and invest eventually.

Any newbie.  Start buying as soon as you figure out how to source coins, and learn as you go. Owning bitcoin will inspire learning, even if the starting amount might be $10 per week...and the building of the stash and the amount invested per week can increase with the increasing of the learning and the building of the comfort about cash management skills which are likely close to as important as learning  about bitcoin itself... Out of the 9 individual factors, figuring out the value of bitcoin as compared to other places to put value is only 1 out of the 9 factors.

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin
Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Maybe because that's what they know about investing on Bitcoin people commonly think that buying at the dip then sell is is the most basic thing they need to do. But they didn't realize that they are not doing good since it will just delay their accumulation and instead of they already have decent volume here they are still waiting for dip and still speculating.

If they didn't erase the thoughts that buying at the dip provably that they cannot start on their investment since fear is so high when market is dumping. But if they are already starting and didn't care about the price provably that their accumulation will continue and they provably not gonna bother to pay attention with FUD's and FOMO's.

That is a nice way of placing a psychological and a practical framework on the idea of getting started to matter the current BTC price.

Accordingly, getting started factually resolves a lot of issues that any newbie might have, including putting financial and psychological matters into a kind of solid place so that if there later happens to be a dip in the BTC price at some later point in time after the newbie had already started buying bitcoin, the newbie will be in a much better position to actually personally realize and identify the significance of the dip in personally relevant and meaningful ways based on their already being in a personalized practice of buying bitcoin regularly..perhaps even several weeks before some of the practice of buying bitcoin regularly contributes towards understanding bitcoin on a much deeper level than the person who has absolutely no personal bitcoin experience beyond theorizing about it or seeing it mentioned on some misinformative and deceptive news clip.

I think there's no harm in waiting for a slight decline to make purchases on bitcoin.

There is no harm as long as you have already bought some and even if you have been buying bitcoin regularly, persistently, consistently and perhaps even aggressively.  If you have not already bought some bitcoin, then there likely is quite a bit of harm in waiting, since waiting is not a good mindset or practice, especially when it comes to bitcoin investing.  So, yeah, I would suggest that there can be quite a few situations in which waiting, especially when it comes to bitcoin, is actually harmful even if the person might not realize the level of harm actually being done...

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 21, 2025, 10:07:05 PM
 #3073

Suppose you were thinking of buying Bitcoin, but you waited a little longer and the price went up. Now, you may be forced to buy at a slightly higher price than before, or it may be that the money you had at that time was spent elsewhere and you no longer have the opportunity to buy Bitcoin.

I think you are missing something here which is the reason why I want to call back your attention seeing how hard you are trying to comprehend what buying and holding of Bitcoin is all about, a real investor doesn't wait on the price of Bitcoin to go up or down before purchasing Bitcoin if you are a real holder to will understand that the goal is to keep accommodating no matter the current situation of the market and since the idea is long term investment you have no fear of losing your money because Bitcoin investment especially for long term holders is a guaranteed investment that leaves the investor with nothing other than profit at the end. There's always an opportunity for an investor and there's no late time for any strong holder who has no fear in him to invest in Bitcoin. You should have your holding plans and have a source menwt for purchasing Bitcoin so that you will not have a double mind on the money you want to use to purchase Bitcoin.

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January 21, 2025, 10:36:16 PM
 #3074

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.

Maybe because that's what they know about investing on Bitcoin people commonly think that buying at the dip then sell is is the most basic thing they need to do. But they didn't realize that they are not doing good since it will just delay their accumulation and instead of they already have decent volume here they are still waiting for dip and still speculating.

If they didn't erase the thoughts that buying at the dip provably that they cannot start on their investment since fear is so high when market is dumping. But if they are already starting and didn't care about the price provably that their accumulation will continue and they provably not gonna bother to pay attention with FUD's and FOMO's.


Exactly, before  I don't know about the DCA method before not until I joined this forum and back then my mentality was that the best time to buy Bitcoin is to buy when there's Dip in the market because I felt that's when I can accumulate enough Bitcoin though my mindset was right but I see myself missing a lot of opportunities until I know about the DCA and that is when I knew I can actually accumulate my Bitcoin little by little regardless of the market condition. However, I think most times what people need is information and then after this information, one is supposed to breakdown this information and assimilate it well so that they don't get it twisted, because I think the reason why some people are still waiting for the Dip is because they don't know about the DCA method.











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January 21, 2025, 11:39:54 PM
 #3075

Exactly, before  I don't know about the DCA method before not until I joined this forum and back then my mentality was that the best time to buy Bitcoin is to buy when there's Dip in the market because I felt that's when I can accumulate enough Bitcoin though my mindset was right but I see myself missing a lot of opportunities until I know about the DCA and that is when I knew I can actually accumulate my Bitcoin little by little regardless of the market condition. However, I think most times what people need is information and then after this information, one is supposed to breakdown this information and assimilate it well so that they don't get it twisted, because I think the reason why some people are still waiting for the Dip is because they don't know about the DCA method.
Dca is a gradual purchase that is followed up over a long period of time.
You can apply the dca strategy if you have discretionary income that will make you not burdened in investing in bitcoin.

Dca is certainly no stranger because many users have discussed how the advantages or benefits of dca are in investing in bitcoin.

Waiting for a dip is also not wrong, but if you are just starting out with dca investment, of course, just focus on dca. Later, when you have reached satisfaction with the btc you have, you can reduce the purchase tempo by waiting for dips because you have reached an accumulation that you feel is satisfactory.

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January 22, 2025, 01:29:53 AM
 #3076

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.

 
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January 22, 2025, 05:57:01 AM
 #3077

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.
The major point is to buy once the money is available, and you may decide to buy aggressively during a dip if you have the financial leverage to do so, but if you don't have the financial leverage to buy aggressively during a dip, it would be better you just respect yourself and keep to your level of buying only when the funds is available, so that you wouldn't have to be in any tight Conner that may compel you to consider tempering with your holdings, so in my own opinion buying the dip is very good, but waiting for it is what is bad, because that dip you are actually waiting for may never come again, and in the process you may miss a whole lot of buying opportunities that may have been utilize in increasing your stash of Bitcoin, so it's very important to buy Bitcoin once the funds is available, but if their is a serious dip in the market, you can equally buy aggressively only if you have the financial leverage to do so.

 
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January 22, 2025, 06:08:29 AM
 #3078

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.
In fact, waiting to buy DIP is never a good strategy, because the market does not always dip as expected, Bitcoin's movements are always unpredictable, so the DIP you are waiting for, it may never come.
There are many who, while waiting for DIP, refrain from buying when the price increases and ultimately lose the opportunity.
This is why it is always recommended to invest using the DCA strategy for Bitcoin investment. If you invest continuously for a long time using the DCA strategy alone, then Bitcoin can be accumulated at an average price.
Along with this, if you keep the necessary "emergency fund" and "reserve fund" ready, By Keeping DCA consistent, You can buy DIP at the right time with reserve funds. Which will increase your portfolio in a better way. Which can bring much more profit in the future.
So invest using the DCA strategy and move forward consistently towards long-term goals. Only by holding for a long time can you increase your chances of profitability much more.

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January 22, 2025, 07:12:30 AM
Merited by JayJuanGee (1)
 #3079

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Anytime I see someone waiting for the dip to invest in Bitcoin, I always feel like that person is missing an opportunity, because regardless of the price of Bitcoin at the time you want to invest, you will definitely get a profit after holding for a long period of time. Bitcoin grows in value, and that is why I feel like it is always the right time to invest. As an investor who already knows about Bitcoin, you should be aware that with the current growth of Bitcoin, there is still a bigger one coming.
Although there is nothing wrong in waiting to buy the dip if you have discretion income to buy at any given time. Or if you are combining other strategies. The only problem one can face is only focusing in buying Bitcoin dip without consedering other investment strategy. Because there is alot of people that only want to buy bitcoins when it is dip as a main priority and forgets to buy through DCA, in such situations such person can be considered missing opportunity.
The major point is to buy once the money is available, and you may decide to buy aggressively during a dip if you have the financial leverage to do so, but if you don't have the financial leverage to buy aggressively during a dip, it would be better you just respect yourself and keep to your level of buying only when the funds is available, so that you wouldn't have to be in any tight Conner that may compel you to consider tempering with your holdings, so in my own opinion buying the dip is very good, but waiting for it is what is bad, because that dip you are actually waiting for may never come again, and in the process you may miss a whole lot of buying opportunities that may have been utilize in increasing your stash of Bitcoin, so it's very important to buy Bitcoin once the funds is available, but if their is a serious dip in the market, you can equally buy aggressively only if you have the financial leverage to do so.

Buying during a dip isn't a bad idea, it totally depends on you buying power.
If you cannot buy due to a low financial prowess then waiting for a dip isn't so bad ,
but the only problem with waiting for a dip is that.
Bitcoin price is skeptical, so it just might no reach the amount you have in mind.

If you are busy waiting for the dip and it's not forth coming how can you increase your stash of Bitcoin?
Don't you know that by waiting for a dip you might miss a whole lot of buying opportunities, and opportunity that would have been used to add to your stash of Bitcoin if you had bought it regardless of it price, so my guy, it's a terrible idea to be waiting for the dip in my own opinion, because the dip you might be waiting for may never come again and your stash of Bitcoin will remain the same without adding up because you fail to buy when you should.
Do not forget that we are still in the early days of Bitcoin, so it still has the capacity of doing 10x to 20x or more of it current value in like 10 to 20 years time from now, so why waiting for the dip now that it's very cheap?
Use your time wisely because time is very important.

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January 22, 2025, 08:33:02 AM
 #3080

The major point is to buy once the money is available, and you may decide to buy aggressively during a dip if you have the financial leverage to do so, but if you don't have the financial leverage to buy aggressively during a dip, it would be better you just respect yourself and keep to your level of buying only when the funds is available, so that you wouldn't have to be in any tight Conner that may compel you to consider tempering with your holdings, so in my own opinion buying the dip is very good, but waiting for it is what is bad, because that dip you are actually waiting for may never come again, and in the process you may miss a whole lot of buying opportunities that may have been utilize in increasing your stash of Bitcoin, so it's very important to buy Bitcoin once the funds is available, but if their is a serious dip in the market, you can equally buy aggressively only if you have the financial leverage to do so.


Yea you're very right, individual investors are advised to buy without delay or procrastination as far as the money meant for the investment is present, the wrong approach is when one concentration is to buy at the dip when such individual knows that the dip is just one season in Bitcoin investment though it can continuou reoccurring but that doesn't mean that people should keep to such mindset of buying at it always, ordinarily anyone making use of DCA shouldn't even think of this dip of a thing since DCA method allows investors to buy at all time irrespective of the market status, though one can increaae there DCA level during the dip but that should be if they have the financial capacity to do so then just as you said, on a general note I think buying the dip shouldn't be the first thing that should be in an investors mind.

You've already stated the fact as it is, for me I think buying the dip is nice for investors who are already in the system and already making use of DCA method to accumulate as for newbie who just want to be part of the investment, such idea is a no no for them because it may stand as a discouragement for them to even continue with there investment plans because while waiting for the dip, they may tamper the funds set aside for the said investment as such they may not want to continue or even wait to get another one which in the process they may not have the zeal to go further.

I think Once one understands that Bitcoin investment is a continues process and also understand that Bitcoin upsurge today can become a dip tomorrow then such an individual will not have any problem in investing in Bitcoin at all time, the best mindset for every bitcoiner be it intending or existing investors is a long-term mindset so that immediate price wouldn't be a problem since our goal is set for a long-term.

 
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