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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 102219 times)
Pi-network314159
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February 06, 2025, 03:46:07 AM
Last edit: February 07, 2025, 05:23:09 AM by Pi-network314159
 #3321

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So no price is too poor to think of when it comes to Bitcoin dip. because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.

a time will come when even if one bitcoin is shared at the ratio of 1 : 1000, there will still arise a global scarcity due to its limited nature which will invariably raise the price unconditionally due to monopoly lifestyles of those who have held their own bitcoin for long without panic.
Of course at this point Bitcoin will start counting in sats, this mean 1 SATs will be valuable. People will prefare stacking Bitcoin SATs.

 
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February 06, 2025, 09:41:51 AM
 #3322

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.  
We can't be certain about the level of dip bitcoin experience in a cycle.The uncertainty around the level of dip Bitcoin can experience in a cycle is part of its nature. Each cycle can be different and predicting the exact levels is difficult. It will be unrealistic to say that a dip of $70k is unrealistic or impossible, $70k migt likely occur but i can ascertain that $30-$40k will be unrealistic.

The thing is who gives a fuck if it occurs. The growth potential and resilience of Bitcoin, I'm blindside by those dips they seem less worrisome the focus is accumulating steady and the bigger picture.
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February 06, 2025, 12:34:48 PM
 #3323

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.  
We can't be certain about the level of dip bitcoin experience in a cycle.The uncertainty around the level of dip Bitcoin can experience in a cycle is part of its nature. Each cycle can be different and predicting the exact levels is difficult. It will be unrealistic to say that a dip of $70k is unrealistic or impossible, $70k migt likely occur but i can ascertain that $30-$40k will be unrealistic.

The thing is who gives a fuck if it occurs. The growth potential and resilience of Bitcoin, I'm blindside by those dips they seem less worrisome the focus is accumulating steady and the bigger picture.

With current situation now happened on Bitcoin?  Those $30k - $40k dip is seems impossible to happen. We are now on stage where Bitcoin is gaining strong support and provably that negative thoughts of people that Bitcoin will drop to that level is hard to happen. So maybe instead of thinking about that they should spend some time accumulating Bitcoin since if that dump will stop them  to pursue their investment then provably that there's nothing would happen on them and they would just regret their actions especially if they stop buying Bitcoin.

But let's see what future could bring and I'm always positive that will reach more high rather than experiencing those almost unrealistic dumps.

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February 06, 2025, 01:04:58 PM
 #3324

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.
Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips. Instead of this argument that will only make some people confused about when to enter the market, we can continue buying anyways even down to wherever the price wants to drop to before the recovery start. If we continue to argue in this direction, some people will start to form various ideas of the dip and might even decided to wait for such level to reach before they buy and this can make people miss several opportunities of getting more Bitcoin now especially when the uptrend start in an aggressive way.

BitBakerr1
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February 06, 2025, 01:52:55 PM
Merited by PremiumcryptoHub (2), Derekfunds (1)
 #3325

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.
Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips. Instead of this argument that will only make some people confused about when to enter the market, we can continue buying anyways even down to wherever the price wants to drop to before the recovery start. If we continue to argue in this direction, some people will start to form various ideas of the dip and might even decided to wait for such level to reach before they buy and this can make people miss several opportunities of getting more Bitcoin now especially when the uptrend start in an aggressive way.

Yeah you are right, dip is an opportunity to accumulate more with less price, is not something that should cause us to panic.
It is true that people can predict about Bitcoin next movement however it is always a 50 - 50 chance no body can be 100 percent sure of Bitcoin next movement so why worry yourself with it those it really matter, if you are a long term Bitcoin investor you shouldn't be disturbing yourself with such a thing, for me I don't bother my self and I don't even read about it when I see it on social media because I'm not interested, such information those not make my Bitcoin more better, information I love are information that talks about how to protect my Bitcoin investment and how to accumulate more, if as a long term Bitcoin investor I'm studying the next movement in Bitcoin then I'm not enjoying one of my privilege which is relaxing and not panic like traders do, if you are holding for 10 to 20 years those it really matter worrying yourself about Bitcoin next movement, some investors says they do that so they we no when a dip is coming so they can prepare towards it but that rubbish as an investor you need to have a reserve funds and also invest using the DCA strategy with this two things you are ready for any dip that comes in the future.












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Muba20
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February 06, 2025, 02:13:03 PM
 #3326

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.
Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips.
Ups and down in the market is normal. But if someone deviates from the normal sense due to the fall, then of course his opportunity to buy Bitcoin may be reduced. Since no one can control the market, it is necessary to take advantage of it when one gets the opportunity. If you can invest regularly by doing DCA without thinking about buying Bitcoin at a specific price, then the average price for buying Bitcoin is low, which is a big opportunity for the investor. In most cases, the picture seen in the market is that some investors wait for a specific price, but it is uncertain whether Bitcoin will reach that price or not. As a result, an investor's Bitcoin investment will be delayed, but when the market recovers more, that investor will have to buy Bitcoin at a higher price. Therefore, instead of wasting time arguing unnecessarily, you should utilize the current market opportunity through DCA.











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February 06, 2025, 03:58:17 PM
 #3327

It is good that you have a regular accumulation amount that you wouldn't want to go below it. Also it is possible you may have lesser expenses and more discretionary income at some periods and you wish to increase your aggressiveness, you are still on track since you are drawing closer your accumulation target at a faster pace.

Again at some point, you may have relatively more expenses and invest lower than supposed, it is very necessary that you make up for it in preceding periods. The goal is never to leave your accumulation amounts to chance, else you might be overly whimpy in it which is not the best. Having an accumulation amount helps you remain focused and dedicated in your accumulation journey.

Mate you made a very good and versed point I love this, some investor don't understand that instead of you to do something that will make you go lower than your acumulation level, it will be better for you to maintain your present acumulation level by doing the needful, I think every investor should DCA with the amount that he or she can be comfortable with at the beginning may be go for aggressive DCA once he or she increase their income, in all what matters is consistency but one thing I know about Bitcoin investment is that as an investor you must know how to accumulate without pressure of any kind to avoid being taking some silly decisions at a point, the way we approach our investment determines if we will continue hodling for a long-term or not, as investors whose purpose of investment is for a long-term we must strategize very well on the possible way of keeping our investment intact.

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February 06, 2025, 04:09:17 PM
 #3328

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.
Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips.
Ups and down in the market is normal. But if someone deviates from the normal sense due to the fall, then of course his opportunity to buy Bitcoin may be reduced. Since no one can control the market, it is necessary to take advantage of it when one gets the opportunity. If you can invest regularly by doing DCA without thinking about buying Bitcoin at a specific price, then the average price for buying Bitcoin is low, which is a big opportunity for the investor. In most cases, the picture seen in the market is that some investors wait for a specific price, but it is uncertain whether Bitcoin will reach that price or not. As a result, an investor's Bitcoin investment will be delayed, but when the market recovers more, that investor will have to buy Bitcoin at a higher price. Therefore, instead of wasting time arguing unnecessarily, you should utilize the current market opportunity through DCA.
I agree with you, market fluctuations are a natural thing, and they will never end. Those who wait for a certain price before starting to invest will often miss out on good opportunities, because no one can ever tell when Bitcoin will pump or dump. And that is why every investor should invest in Bitcoin regularly through DCA, without paying much attention to market volatility. It is impossible to determine the future price, so the best investment strategy is to continue investing regularly without waiting for a dump.

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February 06, 2025, 05:13:24 PM
 #3329

It is good that you have a regular accumulation amount that you wouldn't want to go below it. Also it is possible you may have lesser expenses and more discretionary income at some periods and you wish to increase your aggressiveness, you are still on track since you are drawing closer your accumulation target at a faster pace.

Again at some point, you may have relatively more expenses and invest lower than supposed, it is very necessary that you make up for it in preceding periods. The goal is never to leave your accumulation amounts to chance, else you might be overly whimpy in it which is not the best. Having an accumulation amount helps you remain focused and dedicated in your accumulation journey.

Mate you made a very good and versed point I love this, some investor don't understand that instead of you to do something that will make you go lower than your acumulation level, it will be better for you to maintain your present acumulation level by doing the needful, I think every investor should DCA with the amount that he or she can be comfortable with at the beginning may be go for aggressive DCA once he or she increase their income, in all what matters is consistency but one thing I know about Bitcoin investment is that as an investor you must know how to accumulate without pressure of any kind to avoid being taking some silly decisions at a point, the way we approach our investment determines if we will continue hodling for a long-term or not, as investors whose purpose of investment is for a long-term we must strategize very well on the possible way of keeping our investment intact.
You are actually right and I also share the same sentiment as you bro, the best possible way to accumulate and invest in Bitcoin is through the DCA accumulating strategy and it should be done according to how much you can afford to do away with for a very long period of time, not investing an amount that will eventually put you under unnecessary pressure because it's actually wrong to invest money you should be using for your upkeeps, or money that should be kept as part your emergency funds, because once you do that, by investing more than what you can afford to do away with for a very long time, it would be just a matter of time before you temper with your Bitcoin investment just to sorts out some basic financial needs, so in essence of what am trying to say is that while investing in Bitcoin, it's very important to invest only what you can afford to do away with, so that our discretionary income and our emergency funds will be bogus enough to carry all our financial borden's, not a situation of falling back to our holdings because of an emergency situation.

 
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February 06, 2025, 07:36:39 PM
 #3330

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.  
We can't be certain about the level of dip bitcoin experience in a cycle.The uncertainty around the level of dip Bitcoin can experience in a cycle is part of its nature. Each cycle can be different and predicting the exact levels is difficult. It will be unrealistic to say that a dip of $70k is unrealistic or impossible, $70k migt likely occur but i can ascertain that $30-$40k will be unrealistic.

The thing is who gives a fuck if it occurs. The growth potential and resilience of Bitcoin, I'm blindside by those dips they seem less worrisome the focus is accumulating steady and the bigger picture.

With current situation now happened on Bitcoin?  Those $30k - $40k dip is seems impossible to happen. We are now on stage where Bitcoin is gaining strong support and provably that negative thoughts of people that Bitcoin will drop to that level is hard to happen. So maybe instead of thinking about that they should spend some time accumulating Bitcoin since if that dump will stop them  to pursue their investment then provably that there's nothing would happen on them and they would just regret their actions especially if they stop buying Bitcoin.

But let's see what future could bring and I'm always positive that will reach more high rather than experiencing those almost unrealistic dumps.
This is just the fact. Bitcoin has gone past the era of some levels of Dip. The level of enlightenment and acceptance that bitcoins have gained has contributed to the strength of bitcoin and with continuous influx of investors as speculated recently, bitcoin holds more promising future than anyone can imagine.

An investor who truly invests by DCA will not worry about the Dip since he only uses his funds which is almost needless to him for the investment and keeps accumulating without minding the market fluctuations.

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February 07, 2025, 05:36:44 AM
 #3331

In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below.
Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips.
My friend no one is agueing anything here I was only correcting an impression and not argument. Aguement is when two or More people are debating an exchanging  displeasure of the idea or point of each opponent, but there is no such thing here. Every opportunity is a learning opportunity even though it may appear like an argument. The thread is versatile with vast knowledge and I can see you are still a newbie you need some of this to learn and add to your knowledge not only thinking of investment without knowing the principle guyding Bitcoin.

Instead of this argument that will only make some people confused about when to enter the market, we can continue buying anyways even down to wherever the price wants to drop to before the recovery start. If we continue to argue in this direction, some people will start to form various ideas of the dip and might even decided to wait for such level to reach before they buy and this can make people miss several opportunities of getting more Bitcoin now especially when the uptrend start in an aggressive way.
If I may ask how many SATs have you accumulated to start with? I will be glad if you should prove of your DCA investment. Not hiding under the shadow of pretence as if you are an investor where as you are not. Please be mindful and please read carefully.

 
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February 07, 2025, 05:49:00 AM
 #3332

It is good that you have a regular accumulation amount that you wouldn't want to go below it. Also it is possible you may have lesser expenses and more discretionary income at some periods and you wish to increase your aggressiveness, you are still on track since you are drawing closer your accumulation target at a faster pace.

Again at some point, you may have relatively more expenses and invest lower than supposed, it is very necessary that you make up for it in preceding periods. The goal is never to leave your accumulation amounts to chance, else you might be overly whimpy in it which is not the best. Having an accumulation amount helps you remain focused and dedicated in your accumulation journey.

Mate you made a very good and versed point I love this, some investor don't understand that instead of you to do something that will make you go lower than your acumulation level, it will be better for you to maintain your present acumulation level by doing the needful, I think every investor should DCA with the amount that he or she can be comfortable with at the beginning may be go for aggressive DCA once he or she increase their income, in all what matters is consistency but one thing I know about Bitcoin investment is that as an investor you must know how to accumulate without pressure of any kind to avoid being taking some silly decisions at a point, the way we approach our investment determines if we will continue hodling for a long-term or not, as investors whose purpose of investment is for a long-term we must strategize very well on the possible way of keeping our investment intact.
You are actually right and I also share the same sentiment as you bro, the best possible way to accumulate and invest in Bitcoin is through the DCA accumulating strategy and it should be done according to how much you can afford to do away with for a very long period of time, not investing an amount that will eventually put you under unnecessary pressure because it's actually wrong to invest money you should be using for your upkeeps, or money that should be kept as part your emergency funds, because once you do that, by investing more than what you can afford to do away with for a very long time, it would be just a matter of time before you temper with your Bitcoin investment just to sorts out some basic financial needs, so in essence of what am trying to say is that while investing in Bitcoin, it's very important to invest only what you can afford to do away with, so that our discretionary income and our emergency funds will be bogus enough to carry all our financial borden's, not a situation of falling back to our holdings because of an emergency situation.
yes, I totally agree with you. But it doesn't just apply on Bitcoin investments only.
Any form of investment that is long term, you need to have a rethink before investing and also you need to know the money that would be used in that investment so as not to be forced to touch money you've already invested.
A lot of people have this habit of jumping into investments just because either they've acquired a little sum of money , without having a rethink of what to do during the rainy days, the days when the wouldn't have quite much. And then after some time the begin to touch money invested, little by little and then opt out for short term.
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February 07, 2025, 06:46:31 AM
Merited by Cryptoprincess101 (2), JayJuanGee (1)
 #3333

You are actually right and I also share the same sentiment as you bro, the best possible way to accumulate and invest in Bitcoin is through the DCA accumulating strategy and it should be done according to how much you can afford to do away with for a very long period of time, not investing an amount that will eventually put you under unnecessary pressure because it's actually wrong to invest money you should be using for your upkeeps, or money that should be kept as part your emergency funds, because once you do that, by investing more than what you can afford to do away with for a very long time, it would be just a matter of time before you temper with your Bitcoin investment just to sorts out some basic financial needs, so in essence of what am trying to say is that while investing in Bitcoin, it's very important to invest only what you can afford to do away with, so that our discretionary income and our emergency funds will be bogus enough to carry all our financial borden's, not a situation of falling back to our holdings because of an emergency situation.
yes, I totally agree with you. But it doesn't just apply on Bitcoin investments only.
Any form of investment that is long term, you need to have a rethink before investing and also you need to know the money that would be used in that investment so as not to be forced to touch money you've already invested.
A lot of people have this habit of jumping into investments just because either they've acquired a little sum of money , without having a rethink of what to do during the rainy days, the days when the wouldn't have quite much. And then after some time the begin to touch money invested, little by little and then opt out for short term.

Yeah, that is why every investor needs to buy according to their capital and peroid of earning, for instance someone who earns a 100k weekly in their local fiat currency is not expected to be DCAing on a daily basis but rather weekly since their capital for investment comes weekly, same applies to an investor who earns monthly, those who are suitable for daily accumulation are investor who's income are made on a daily basis. However one is not supposed to invest all their income on Bitcoin just because it's a good investment option, a wise investor would set aside their reserve funds and put in a capital that would be easy for them rollover at their preferred intervals of investment, take for instance 20% of weekly income is not a bad idea, every investor needs to implement good plans that would aid their investment journey so they won't be forced to tamper with their portfolio and take profits when it's not due.

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February 07, 2025, 07:36:01 AM
 #3334

This is just the fact. Bitcoin has gone past the era of some levels of Dip. The level of enlightenment and acceptance that bitcoins have gained has contributed to the strength of bitcoin and with continuous influx of investors as speculated recently, bitcoin holds more promising future than anyone can imagine.

An investor who truly invests by DCA will not worry about the Dip since he only uses his funds which is almost needless to him for the investment and keeps accumulating without minding the market fluctuations.

It's all about adoption and trust put into it - nothing wrong with any dip or a correction as long as Bitcoin is still maintained and its core values are upheld.
Whatever the case, BTC would only become more valueble over time.

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February 07, 2025, 07:46:00 AM
 #3335

You are actually right and I also share the same sentiment as you bro, the best possible way to accumulate and invest in Bitcoin is through the DCA accumulating strategy and it should be done according to how much you can afford to do away with for a very long period of time, not investing an amount that will eventually put you under unnecessary pressure because it's actually wrong to invest money you should be using for your upkeeps, or money that should be kept as part your emergency funds, because once you do that, by investing more than what you can afford to do away with for a very long time, it would be just a matter of time before you temper with your Bitcoin investment just to sorts out some basic financial needs, so in essence of what am trying to say is that while investing in Bitcoin, it's very important to invest only what you can afford to do away with, so that our discretionary income and our emergency funds will be bogus enough to carry all our financial borden's, not a situation of falling back to our holdings because of an emergency situation.
yes, I totally agree with you. But it doesn't just apply on Bitcoin investments only.
Any form of investment that is long term, you need to have a rethink before investing and also you need to know the money that would be used in that investment so as not to be forced to touch money you've already invested.
A lot of people have this habit of jumping into investments just because either they've acquired a little sum of money , without having a rethink of what to do during the rainy days, the days when the wouldn't have quite much. And then after some time the begin to touch money invested, little by little and then opt out for short term.

Yeah, that is why every investor needs to buy according to their capital and peroid of earning, for instance someone who earns a 100k weekly in their local fiat currency is not expected to be DCAing on a daily basis but rather weekly since their capital for investment comes weekly, same applies to an investor who earns monthly, those who are suitable for daily accumulation are investor who's income are made on a daily basis. However one is not supposed to invest all their income on Bitcoin just because it's a good investment option, a wise investor would set aside their reserve funds and put in a capital that would be easy for them rollover at their preferred intervals of investment, take for instance 20% of weekly income is not a bad idea, every investor needs to implement good plans that would aid their investment journey so they won't be forced to tamper with their portfolio and take profits when it's not due.
for sure , I do speak out of experience, I came to know about Bitcoin back in 2017 when Bitcoin when it experienced an upsurge, and back then I felt I was too late to invest, I was waiting for a dip, so I can buy but I later realized I was doing it wrong, because I normally used my personal money for upkeep to invest and I had little savings, it later made me want to do short term until I heard about the DCA strategy which have been helping me till now .
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February 07, 2025, 07:53:12 AM
 #3336

for sure , I do speak out of experience, I came to know about Bitcoin back in 2017 when Bitcoin when it experienced an upsurge, and back then I felt I was too late to invest, I was waiting for a dip, so I can buy but I later realized I was doing it wrong, because I normally used my personal money for upkeep to invest and I had little savings, it later made me want to do short term until I heard about the DCA strategy which have been helping me till now .


Keep it up and you will be rewarded greatly, friend.
Nothing wrong with having golden hands and some profit here and there, but it must be earned - mainly through hodling.
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February 07, 2025, 09:48:25 AM
Merited by JayJuanGee (1)
 #3337

Why must we argue about the extent of the dip when we know that none of us control the market movement? I think this argument is a big distraction from the bigger picture which is to buy as much Bitcoin as we can taking advantage of every opportunity the market offer us in the form of dips. Instead of this argument that will only make some people confused about when to enter the market, we can continue buying anyways even down to wherever the price wants to drop to before the recovery start. If we continue to argue in this direction, some people will start to form various ideas of the dip and might even decided to wait for such level to reach before they buy and this can make people miss several opportunities of getting more Bitcoin now especially when the uptrend start in an aggressive way.
Buying on dips does not hinder any strategy we are using to accumulate. People who are waiting for major crops without buying with any strategy only want to lump in for short-term gains. You see when I first started buying Bitcoin there was a time i i held on to my capital waiting for a dip, the truth is I bought at 64k and saw it went down to 60k the next day. You can never get the right time to buy at the lowest just DCA and leave any argument. When an opportunity comes you feel is the dip you can buy more if you have extra funds. Sometimes I get tips from my office or cash gifts from family i save it in case I feel the market is in dip I can just buy more. But that was only an add up, i do DCA my discretionary income into Bitcoin using my preferred strategy.

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February 07, 2025, 12:02:21 PM
Merited by JayJuanGee (1)
 #3338

You are actually right and I also share the same sentiment as you bro, the best possible way to accumulate and invest in Bitcoin is through the DCA accumulating strategy and it should be done according to how much you can afford to do away with for a very long period of time, not investing an amount that will eventually put you under unnecessary pressure because it's actually wrong to invest money you should be using for your upkeeps, or money that should be kept as part your emergency funds, because once you do that, by investing more than what you can afford to do away with for a very long time, it would be just a matter of time before you temper with your Bitcoin investment just to sorts out some basic financial needs, so in essence of what am trying to say is that while investing in Bitcoin, it's very important to invest only what you can afford to do away with, so that our discretionary income and our emergency funds will be bogus enough to carry all our financial borden's, not a situation of falling back to our holdings because of an emergency situation.
yes, I totally agree with you. But it doesn't just apply on Bitcoin investments only.
Any form of investment that is long term, you need to have a rethink before investing and also you need to know the money that would be used in that investment so as not to be forced to touch money you've already invested.
A lot of people have this habit of jumping into investments just because either they've acquired a little sum of money , without having a rethink of what to do during the rainy days, the days when the wouldn't have quite much. And then after some time the begin to touch money invested, little by little and then opt out for short term.

Yeah, that is why every investor needs to buy according to their capital and peroid of earning, for instance someone who earns a 100k weekly in their local fiat currency is not expected to be DCAing on a daily basis but rather weekly since their capital for investment comes weekly, same applies to an investor who earns monthly, those who are suitable for daily accumulation are investor who's income are made on a daily basis. However one is not supposed to invest all their income on Bitcoin just because it's a good investment option, a wise investor would set aside their reserve funds and put in a capital that would be easy for them rollover at their preferred intervals of investment, take for instance 20% of weekly income is not a bad idea, every investor needs to implement good plans that would aid their investment journey so they won't be forced to tamper with their portfolio and take profits when it's not due.

In all, everyone should invest at the level of the discretionary income such that it will give them convenience to also sort out their other expenses that are of necessity to them. Choosing to invest weekly or Monthly should depend on when your cash flows because if you choose to make an irrational DCAing it can become problematic to you, that is why investing same amount at different intervals is the best way because you will be consistent since your time of DCAing will meet up with the time of your cash flows (income). Though investing with 20% of your income can be problematic especially for someone who has a lot of responsibilities with money except for someone who doesn't have much responsibity that can conveniently invest with 20% or more of their income and still be able to maintain it till they have gotten a big portfolio. Having reserved funds is also one of the prerequisite to a successful investment since you won't tamper with your holding anytime soon because any other financial obligation that may arise after investing, your reserved funds can attend to them.

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February 07, 2025, 12:02:38 PM
 #3339

It would be very wrong if there are people who still have the mindset of buying Bitcoin to sell it again in the near future just because there is a slight increase in the price of Bitcoin.
I have my short-term, medium-term and long-term Bitcoin investment plans, and so far, all are successful and I've made more money in my short and medium-term if you must know.
Since you are accumulating bitcoin for three different purposes, I easily believe you that you have made more money in your short-term and medium-term investments combined over your long-term investment because from the way you are sounding, it is possible that you would choose to invest more money in your short-term and medium-term investments over your long-term investment. From the year you registered on the forum, you have been accumulating bitcoin for short-term, medium-short, and long-term for close to 4 years now. The only reason you made more money from you short-term and medium-term investments combined is simply because you allowed yourself to be distracted from your long-term goal, which weakened your long-term accumulation power. Imagine if you had used all your money to accumulate bitcoin only for the long-term purpose; you would have gotten a decent amount of bitcoin by now, and from the year you started accumulating bitcoin, you would have been in big profit that would even surpass the profit you have made in your short-term and medium-term investments combined.

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February 07, 2025, 01:46:26 PM
 #3340

It would be very wrong if there are people who still have the mindset of buying Bitcoin to sell it again in the near future just because there is a slight increase in the price of Bitcoin.
It saddens me that many of you are bigots, who always want people to do things your way. Do you know the person's purpose for buying it, his pocket, budget and plan? C'mon!!! You guys should stop your overknowing attitude and allow people who can sensibly think to have that right thought.

I have my short-term, medium-term and long-term Bitcoin investment plans, and so far, all are successful and I've made more money in my short and medium-term if you must know. Some people might have been buying Bitcoin since early 2023 to liquidate this year for the purpose of owning a house, it could be for other good reasons. Is it a must for them to keep it forever? You are not them, let them live their lives. Who knows if they will rebuy at the end of the next bearish season again? Which sounds like a good plan to me.
You are not far from the truth though, because at the end of the day, it's all about the money, and everyone is free to do whatever they pleases, but that doesn't mean that they are actually going to be the best decision making in the eyes of others, because we all see differently, besides as humans that we are, we  mostly goes for what serves our best interest, but one thing you need to understand is that, the process of buying Bitcoin and selling very quick for minimal gains is no longer an investment, it's more of trading than investment, and by  selling for minimal gains, you can never build a generational wealth through Bitcoin in that manner, but if you really want to build a generational wealth overtime true Bitcoin, you must not sell for minimal gains no matter what.
What are you saying mate, I can't believe that at this point some bitcoin holder are still having the mindset that it's all about the money, no one says it's not their money but what's stopping them from doing things the right way, what's stopping them from investing on Bitcoin in the right manner which is investing for a full circle and not taking profits when it's not due, it's very misleading cause I believe their are people who follow threads like this to learn about Bitcoin investment and that statement could mislead them cause they'll see reasons to take profits over any increase in the price with reasons that it's their money afterall, it's very wrong and comes with regrets, Bitcoin is not some get rich quick scheme where one invest to take profits immediately it increases, im not saying one shouldn't take profits but doing that (taking some portions) after a full circle or more when it's due is much more advisable than taking profits after slight gains cause it's their money. Moreover they ain't richer than Blackrock nor Saylor that's  made a handful of profits by investing on Bitcoin yet they still advise people to hold and keep adding to the profits they've made cause they know Bitcoin as an asset has much more to offer than what they've made now, if they can hold and remain deciplined concerning it why can't  anyone, people should quit that mindset and do the right thing, stick to the right concept of Bitcoin investment which involves holding for long-term.
Just listen to yourself, don't you know that you sounds ridiculous?
If it's not about the money why are we investing in Bitcoin in the first place?
I didn't want to reply further on this matter, but to bail you out, I decided to do this last one.

Do not waste your time replying @MainIbem any further, he is better ignored, otherwise he will drag you to his idiocy. You see, some people are hopeless, they are not worth arguing with, such will see a plain black colour and will continue to argue it heatedly to be white, c'mon! Is that the kind of person you are wasting your time on?

If in his tiny brain, Bitcoin is not purchased for the benefit (money), I wonder if he purchases it for his local government title or wants to marry Bitcoin as partner.
This thread is mainly about Bitcoin discussion and investment, and it is normal that someone will encounter the way you handle your Bitcoin investment if he is not okay with it or if you are handling your investment in the wrong ways, mostly when you are investing in Bitcoin for the short-term profit or if you are using all your money to invest in Bitcoin. When such a thing happens to you, it is now your responsibility to argue with that person to see between the both of you who is saying the right thing and not for you to talk down on the person because you think the person is not in the right place to advise you on how you should handle your bitcoin investment.

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