Bitcoin Forum
January 16, 2026, 10:14:32 AM *
News: Latest Bitcoin Core release: 30.2 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 [293] 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 ... 614 »
  Print  
Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 101930 times)
Humblevirus
Sr. Member
****
Offline Offline

Activity: 510
Merit: 250



View Profile
May 27, 2025, 05:17:24 PM
Merited by Baki202 (1)
 #5841

If the price of Bitcoin is always going up, investors will never be able to participate in investment, because when the price of Bitcoin is low and a dip is created, investors immediately start buying.
I disagree with you because a real investor who is investing in bitcoin for long term 5 to 10 years Will participate in buying bitcoin at any price level, that is to say if the price is high he or she buys, when it dip he or she buy and hold since the he or she is focusing on long term holding 5 to 10 years or longer.


Therefore, when there is a dip and instability in Bitcoin, the fear of investors to invest increases,
 
I also disagree with you here, because real investors don't fear nor panic when bitcoin dip or when the price is not stable rather they see it dips as opportunities to accumulate aggressively and hold, only those who there focus is on short term investment fear and Panic when bitcoin dip or price is not stable.


because I myself buy Bitcoin with some money temporarily when the price of Bitcoin is low and invest in Bitcoin by following the DCA method weekly.
 
waiting for bitcoin to dip before making a buys is not a good way to approach bitcoin, since you already have your discretionary income I we advice you start accumulating bitcoin using the DCA method and hold for long term instead of waiting for dips, because it will delay your investment junney, unless you want to tell me that your focus is not long term holding which is also a wrong approach towards bitcoin, because bitcoin is not other shitcoins that you should garbage in and garbage out, bitcoin is a store of value with potential returns so your focus should be long term holding and not short term.

Waiting for Bitcoin to drop in value before making a purchase is myopic in my own opinion because the value of Bitcoin right now is very cheap comparing to how much it might get up to in ten to twenty years time from now, so why wait before buying?
Don't you know that by waiting you might miss a whole lot of buying opportunities because you will think that the price will go deeper, and mostly you will get discouraged in buying at all if the value started adding up from there, so the logical thing to do now is to buy as soon as possible once your discretionary income is available either through the DCA accumulating strategy or through the lumps sum strategy which I am very confident that it's a move you will never regret in years to come.
The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.

I don't think more proof is needed for someone to see the current price as an opportunity and start investing now. It would be a great opportunity if people who want to invest in Bitcoin stopped acting foolishly by waiting for a dip and instead made use of the current price.It was just recently that Bitcoin was in the $70k range look where the price is now.


virasog
Legendary
*
Offline Offline

Activity: 3584
Merit: 1197


Leading Crypto Sports Betting & Casino Platform


View Profile
May 27, 2025, 05:52:43 PM
 #5842

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
dolbayob
Newbie
*
Offline Offline

Activity: 20
Merit: 7


View Profile
May 27, 2025, 08:12:03 PM
 #5843

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink

I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.
JayJuanGee
Legendary
*
Offline Offline

Activity: 4326
Merit: 13865


Self-Custody is a right. Say no to "non-custodial"


View Profile
May 27, 2025, 08:29:08 PM
 #5844

Therefore, when there is a dip and instability in Bitcoin, the fear of investors to invest increases,
 
I also disagree with you here, because real investors don't fear nor panic when bitcoin dip or when the price is not stable rather they see it dips as opportunities to accumulate aggressively and hold, only those who there focus is on short term investment fear and Panic when bitcoin dip or price is not stable.

I continue to be surprised that so many guys consider that there is some purpose in increasing their level of aggressiveness based on bitcoin price dips rather than figuring out their level of aggressiveness from their level of discretionary income and the strength of their cashflow management.  

Sure a guy could purposefully choose to hold back some money for buying dips and he can have some plans for buying dips at various price points, if such price points were to happen, yet I would consider it not to be so common that some surprise dip levels end up happening in which there would be needs to increase aggressiveness based on such price dips.. especially since if a guy is already buying bitcoin regularly and on a weekly basis, then he is not necessarily going to have extra money available for buying on dips except the money that he had set aside, and then if he is using his set aside money to buy on BTC price dips, then I am wondering how he could still have extra money?  The only way that he has extra money (unless he had surprisingly received some extra money) is that he had been setting aside even more money, which is not any sign of aggressiveness but instead a sign of lack of aggressiveness, and even inclinations to gamble rather than to invest.

though I could imagine how long it will take before they can be able to accumulate half of the value of bitcoin or getting to the status of overaccumulation this will take (probably 50 to hundred years if I'm not mistaken) And majority of this guys can give up along the line probably due to old age or the unknown death" and I'm about to agree with you on the fact that investing with $2 seems to be a waste of time because after all the time they have wasted so far  and it happens that they couldn't get to the status of overaccumulation, in this case it becomes a waste of time, Now I know that is good to run a race that we know we can easily win.
If the price of Bitcoin is always going up, investors will never be able to participate in investment,
Where did you draw this conclusion from? I think at this point it's best you speak for yourself because I know that real investors invest in bitcoin at all market conditions. Wether the price is always going up or coming down. So using a strong terms like "investors will NEVER be able participate in investment when price are going up is a lie. It simply shows that you don't really know what long term investment is all about. And you are someone who claims to be investing in bitcoin through the DCA method, and yet you are saying if the price keeps going up that investors will never be able to participate in investment. Now my question to you is, do you really know what the DCA method is all about?

He seems to be mixing up DCA and buying on the dip.

Sure, it is possible to mix DCA with buying on the dip, yet that is a different strategy than a pure DCA that does not necessarily account for changes in the BTC price. Within a strict DCA approach, there is a bit of presumption of not being able to know the short-to-medium BTC price direction, even though there is a bit of a presumption that over the longer term there is decently good likelihood that the BTC price will continue to slope upwardly.. .so that with the passage of time, the more and more likely the accumulated BTC will be profitable - even though at the same time, such long term profitability is not guaranteed.

because when the price of Bitcoin is low and a dip is created, investors immediately start buying.
This are not the characteristics of long term investors, what you described here typically fits the profile of traders.
As investors don't just wait for the dip alone to buy bitcoin only day traders does that.

Buying dips can be part of any investor's chosen investment strategy, yet he is running risks if he waits for dips that do not end up coming... and surely no investor is prepared for UP if he has not sufficiently bought BTC.. so in that sense, it would seem that any investor should make sure that he is buying regularly, persistently, consistently, ongoingly and perhaps even aggressively in order to prepare for UP...

Sure, there can be some preparations for down, such as buying dips, even though buying dips seems like it should be a supplementary approach to BTC buying rather than a principle approach, since sometimes the dips might not happen to the extent that any person might set up his dip buying terms.

Therefore, when there is a dip and instability in Bitcoin, the fear of investors to invest increases,
This is another lie that I have to disagree with you as well. Investors utilise the instabilities in the market to their own advantage by continuously accumulating at a discounted prices. I think you are refering to newbies. Newbies are usually the ones that develop phobia in this kind of situation.

It does seem that guys who are buying regularly might get excited rather than discouraged or fearful of dips, and perceptions of BTC price moves can be a product of preparation.  Any of us should be buying bitcoin within our discretionary income and with money that we can afford to lose in the event that the bitcoin investment does not move in a positive price direction after our investment into it.  Some guys might become afraid of dips if they do not have confidence in the investment and/or if they might have had overinvested with money that they cannot afford to lose.

Guys who employ stronger cashflow management practices would be less likely to get emotional about BTC price moves, whether they are going up or down, yet it still tends to be difficult to completely remove emotions that may well be felt when the BTC price moves a lot in one direction or another.

[edited out]
We should not only think about the price of Bitcoin, I have been watching the Bitcoin market for more than two years. So it has become more popular and expensive in the present than in the past, so over time, those who were related to Bitcoin investment have been successful. So I want to say that we should not look at the price and popularity of Bitcoin, we have to participate in Bitcoin investment, then we can also move towards success with the increase in the price of Bitcoin.
In the past, the price of Bitcoin was very low, but those who could not invest in Bitcoin are regretting it today, and now those who are disappointed with the price of Bitcoin and do not participate in investment will also regret it in the future. So regardless of any aspect, we must participate in Bitcoin investment, then we can move towards success over time and with the increase in the price of Bitcoin.

Of course in the past 2 or even 3 years a person would have had been very profitable to have had been aggressively investing into bitcoin throughout that whole time. All of their investments into bitcoin would have had paid off, and that is part of the dynamics that have existed in bitcoin over several periods in which the BTC price is going up, and surely exists in bitcoin during ATH periods like we are experiencing right now.  There have also been periods in which there have been several years of price corrections.  We should be judging the totality of bitcoin merely on a short period of time, even though surely it is good for guys to get through 2-3 years or more and to be continuing to invest into bitcoin.

We also know that there are some folks who are just coming to bitcoin right now, and so the newest of folks still have to decide whether to get started or to wait, and I still think that getting started is important and ongoing buying of bitcoin for at least 4 years is likely important too.

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.

I would imagine that anyone who has been in bitcoin for less than 4 years should be buying bitcoin ongoingly, persistently, consistently, regularly and perhaps even aggressively for at least 4 years without even thinking about prices.  It is difficult to know of cases in which normal people would be able to get enough or more than enough bitcoin within less than 4 years, unless they are reallocating from some other investment(s) - otherwise if they are merely investing from their discretionary income then it likely takes more than 8 years to get to a decent place in regards to bitcoin investment size.

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
bitzizzix
Hero Member
*****
Online Online

Activity: 2996
Merit: 505


View Profile
May 27, 2025, 08:30:42 PM
 #5845

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Don't wait and never expect Bitcoin to go down just to buy it.

It's better to do it when you are ready, have money and income, make purchases at any Bitcoin price when you want to do it and most importantly you do it for the long term and use the DCA strategy by making purchases periodically when you receive income and continue to do so regardless of whether the Bitcoin price goes up or down because it will increase your holdings which will generate huge profits in the long term.

As a beginner I advise them to know and learn the journey of Bitcoin, because this will be an example that the DCA strategy in the long term will never disappoint and you will also have many opportunities to know and also learn more about Bitcoin which will motivate you with the right steps. Wink
Tmoonz
Hero Member
*****
Offline Offline

Activity: 770
Merit: 575



View Profile
May 27, 2025, 08:35:21 PM
Merited by JayJuanGee (1)
 #5846

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink

Anyone new to Bitcoin can decide on what percentage of their of investment money they can start with, they can even go as low as 5% provided it is what suits their tolerance level at that point, there is lot of trade off attempting to hold back higher percentage of money to buy the dip rather than buying right away because the dip may not end up happening but with a consistent DCA strategy one can actually catch some dips. It is very wrong for you to advise newbies coming to Bitcoin to be holding back higher amount of money to buy the dip rather than buying right away with the DCA strategy consistently and aggressively without over doing it.

 
█▄
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT▀█ 
  TH#1 SOLANA CASINO  
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
Issa56
Legendary
*
Offline Offline

Activity: 1988
Merit: 1049



View Profile
May 27, 2025, 08:44:55 PM
 #5847

I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.
When you are planning to invest in bitcoin, you shouldn’t just buy all at once and hold, it’s better you have a strategy when investing, and the best strategy is for you to make use of DCA strategy. Am not saying you should wait till bitcoin dumps before you start buying, but even if you will be buying now, then making use of DCA strategy is the best, and if you are planning to invest in bitcoin, then you should be ready to hold for a long period of time.

If you need maximum profit from your investment, then make sure you hold your bitcoin for a long period of time, some people are saying that bitcoin price is already high, but in next few years to come, the same set of people that didn’t invest now just because they think bitcoin price is too high will be the ones regretting why they didn’t invest now later in the future.

▄███████████████████▄
████████████████████████
██████████▀▀▀▀██████████
███████████████▀▀███████
████████▄▄████▄▄███████
███████████████████████
██████████▀██▀██████████
█████████▄████▄▄▄▄██████
██████▀████▄▄████▀██████
████████▀████████▀██████
██████▄████▀▀▀▀█████████
█████████▄▄████▄▄████████
▀███████████████████▀
.
 BC.GAME 
███████████████
███████████████
███████████████
███████████████
██████▀░▀██████
████▀░░░░░▀████
███░░░░░░░░░███
███▄░░▄░▄░░▄███
█████▀░░░▀█████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
███░░▀░░░▀░░███
███░░▄▄▄░░▄████
███▄▄█▀░░▄█████
█████▀░░▐██████
█████░░░░██████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
██████▀▀░▀▄░███
████▀░░▄░▄░▀███
███▀░░▀▄▀▄░▄███
███▄░░▀░▀░▄████
███░▀▄░▄▄██████

███████████████

███████████████

███████████████

███████████████

DEPOSIT BONUS
..470%..
GET FREE
...5 BTC...

REFER & EARN
..$1000 + 15%..
COMMISSION


 Play Now 
Moreno233
Sr. Member
****
Offline Offline

Activity: 938
Merit: 410


Trust the process, imbibe consistency


View Profile
May 27, 2025, 10:34:16 PM
 #5848

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Are you in anyway suggesting that an investor who have been holding shitcoins should put 25% of their money in Bitcoin and leave the balance of 75% still in shitcoins? That is not a good advice because Bitcoin is still the safest investment out there so should have majority of your portfolio and not the other way round. A lot of us are going 90% to 100% Bitcoin and it has been a great experience so far, devoid of fear and uncertainty and with the optimism that we will not regret in the future about the decision to hold and not sell. Holding shitcoins can never give someone this level of peace and confidence about the future. Bitcoin have shown great resilience these period and it is only wise for anyone interested in taking their finances seriously to buy at every opportunity and hold. Even the news around Bitcoin is suggesting that the many big things will be happening to Bitcoin in the near future.











██
██
██████
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT
██████
██
██
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████████████
 
 TH#1 SOLANA CASINO 
██████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
[
[
5,000+
GAMES
INSTANT
WITHDRAWALS
][
][
HUGE
   REWARDS   
VIP
PROGRAM
]
]
████
██
██
██
██
██
██
██
██
██
██
██
████
████████████████████████████████████████████████
 
PLAY NOW
 

████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
JayJuanGee
Legendary
*
Offline Offline

Activity: 4326
Merit: 13865


Self-Custody is a right. Say no to "non-custodial"


View Profile
May 27, 2025, 11:17:00 PM
 #5849

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Anyone new to Bitcoin can decide on what percentage of their of investment money they can start with, they can even go as low as 5% provided it is what suits their tolerance level at that point, there is lot of trade off attempting to hold back higher percentage of money to buy the dip rather than buying right away because the dip may not end up happening but with a consistent DCA strategy one can actually catch some dips. It is very wrong for you to advise newbies coming to Bitcoin to be holding back higher amount of money to buy the dip rather than buying right away with the DCA strategy consistently and aggressively without over doing it.

I was also a bit confused by virasog's description of "buying 25% of the portfolio now," and maybe some kind of an example can be helpful to attempt to figure out what is meant, since if someone is a brand new investor then that is different from someone who might have had been investing into bitcoin or who might have had been investing into other assets prior to coming to bitcoin. 

There surely can be situations in which someone comes to bitcoin with abilities to buy lump sum from the start, and other times, where the ability to buy in lump sum comes at a later date down the road (after the person had already been investing into bitcoin for a while). Of course, anyone who might have a relatively large lump sum amount of funds available has the fortune of having the funds, which truly is not common for normal people to regularly have lump sum amounts that they can invest into something like bitcoin.  So then within situation of having lump sum funds available, then he can choose whether to 1) buy right away or to 2) defer by time with DCA or 3) defer based on price dips that might not happen.  Surely various personal circumstances would affect the extent to which buying right away or deferring might be practical.  By the way when a person is DCAing as his income comes in then that is not a deferral practice because the investor is buying bitcoin as soon as the money comes available and not deferring, yet in the case of a lump sum amount that comes available, he can choose to buy right away or to defer portions of his buy to the extent that he has authorized the lump sum for BTC buys.

We would likely need to know more about the person in regards to whether he is already DCA buying BTC and/or we might expect that he has an income too, and we cannot just presume that he already has an emergency fund and/or other back up funds, yet of course, if he already has strong cashflow management practices (including back up funds), then he is in a better position to invest as compared to someone who does not have strong cashflow management practices.

I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.
When you are planning to invest in bitcoin, you shouldn’t just buy all at once and hold, it’s better you have a strategy when investing, and the best strategy is for you to make use of DCA strategy. Am not saying you should wait till bitcoin dumps before you start buying, but even if you will be buying now, then making use of DCA strategy is the best, and if you are planning to invest in bitcoin, then you should be ready to hold for a long period of time.

If you need maximum profit from your investment, then make sure you hold your bitcoin for a long period of time, some people are saying that bitcoin price is already high, but in next few years to come, the same set of people that didn’t invest now just because they think bitcoin price is too high will be the ones regretting why they didn’t invest now later in the future.

Some of the folks saying that the bitcoin price is high were also saying that bitcoin prices were high in 2022 when they were around $20k, and they were saying bitcoin prices were high in 2024 when they were bouncing between $50k and $70k, and they were saying that bitcoin prices were high a couple of months ago when BTC prices were bouncing between mid $70ks and lower $90ks. Some folks will never get over their diagnosing bitcoin prices as being high and they will likely continue to have fun staying poor... since it is best to get started buying bitcoin rather than worrying about price, especially for no coiners and low coiners.

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Are you in anyway suggesting that an investor who have been holding shitcoins should put 25% of their money in Bitcoin and leave the balance of 75% still in shitcoins? That is not a good advice because Bitcoin is still the safest investment out there so should have majority of your portfolio and not the other way round. A lot of us are going 90% to 100% Bitcoin and it has been a great experience so far, devoid of fear and uncertainty and with the optimism that we will not regret in the future about the decision to hold and not sell. Holding shitcoins can never give someone this level of peace and confidence about the future. Bitcoin have shown great resilience these period and it is only wise for anyone interested in taking their finances seriously to buy at every opportunity and hold. Even the news around Bitcoin is suggesting that the many big things will be happening to Bitcoin in the near future.

Yeah.. virasog should explain what he means and show whether he is making any sense.

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
Sonia_123
Full Member
***
Offline Offline

Activity: 644
Merit: 164



View Profile WWW
May 27, 2025, 11:57:42 PM
 #5850

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink

I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.
As a serious minded investor all you should be after is not the price but on how you can aggressively buy and hold more Bitcoin to your portfolio, for as long as you want it, and the aggressive buying should be consistently for a long-term using your discretionary income in as much as there is enough and strong cash flow that will sustain your aggressive purchasing, because at the end of accumulating period you will be more profitable than the amount you used in buying Bitcoin since the price of is rapidly rising

Humblevirus
Sr. Member
****
Offline Offline

Activity: 510
Merit: 250



View Profile
May 28, 2025, 12:15:21 AM
 #5851

Some of the folks saying that the bitcoin price is high were also saying that bitcoin prices were high in 2022 when they were around $20k, and they were saying bitcoin prices were high in 2024 when they were bouncing between $50k and $70k, and they were saying that bitcoin prices were high a couple of months ago when BTC prices were bouncing between mid $70ks and lower $90ks. Some folks will never get over their diagnosing bitcoin prices as being high and they will likely continue to have fun staying poor... since it is best to get started buying bitcoin rather than worrying about price, especially for no coiners and low coiners.

Any folk that did not see the current price of Bitcoin as an opportunity to start investing will surely regret it in the future. This current price seems cheap if we consider what happened between 2022 and this period in 2025.At this point, I don't expect anyone to be thinking about the price, but rather to be focused on how much Bitcoin they have been able to accumulate or how much they will be able to accumulate by the end of this year.that is the only thing everyone needs to focus on now.

kanftka
Member
**
Offline Offline

Activity: 188
Merit: 68


View Profile
May 28, 2025, 01:07:03 AM
 #5852

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Are you in anyway suggesting that an investor who have been holding shitcoins should put 25% of their money in Bitcoin and leave the balance of 75% still in shitcoins? That is not a good advice because Bitcoin is still the safest investment out there so should have majority of your portfolio and not the other way round. A lot of us are going 90% to 100% Bitcoin and it has been a great experience so far, devoid of fear and uncertainty and with the optimism that we will not regret in the future about the decision to hold and not sell. Holding shitcoins can never give someone this level of peace and confidence about the future. Bitcoin have shown great resilience these period and it is only wise for anyone interested in taking their finances seriously to buy at every opportunity and hold. Even the news around Bitcoin is suggesting that the many big things will be happening to Bitcoin in the near future.

I completely agree, Bitcoin is the safest and most reliable investment out there. For me, I split my portfolio into three parts based on risk: low, medium, and high. Bitcoin is definitely my low risk asset and the main part of what I hold. I keep buying it and will keep accumulating (I’m still new to accumulation) and don’t plan to sell anytime soon. Then, I put about 10 to 20% maximum into medium and high risk stuff like shitcoins not because I fully trust them, but because they might give big gains in a bull run. I always manage it carefully within my risk limits. To avoid making the same mistakes older crypto pals made, I prefer staying on the safer side.
SilverCryptoBullet
Full Member
***
Offline Offline

Activity: 924
Merit: 215



View Profile
May 28, 2025, 02:34:07 AM
 #5853

I completely agree, Bitcoin is the safest and most reliable investment out there. For me, I split my portfolio into three parts based on risk: low, medium, and high. Bitcoin is definitely my low risk asset and the main part of what I hold. I keep buying it and will keep accumulating (I’m still new to accumulation) and don’t plan to sell anytime soon.
If you don't want to time the market, speculate the market bull run and want to gain short term profit from your speculation, you can become more ready for long term accumulation of bitcoin. You will no longer have need of finding a market top in this market cycle and feel more comfortable of holding your bitcoin through a next market cycle or even longer than that.

It will change you to be a long term investor and you will feel more comfortable with your investment and holding in more natural way.

Quote
Then, I put about 10 to 20% maximum into medium and high risk stuff like shitcoins not because I fully trust them, but because they might give big gains in a bull run. I always manage it carefully within my risk limits. To avoid making the same mistakes older crypto pals made, I prefer staying on the safer side.
I wondered what is medium and high risk things in your strategy but read a little bit more to these sentences, I understood what you aimed to do.

Altcoins are risky, shitcoins are more dangerous and I don't consider them as medium risk, but are all belong to High Risk group.
https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed

It is more dangerous because you want to do this when the market cycle is going to its ending.

JayJuanGee
Legendary
*
Offline Offline

Activity: 4326
Merit: 13865


Self-Custody is a right. Say no to "non-custodial"


View Profile
May 28, 2025, 03:13:46 AM
 #5854

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.
As a serious minded investor all you should be after is not the price but on how you can aggressively buy and hold more Bitcoin to your portfolio, for as long as you want it, and the aggressive buying should be consistently for a long-term using your discretionary income in as much as there is enough and strong cash flow that will sustain your aggressive purchasing, because at the end of accumulating period you will be more profitable than the amount you used in buying Bitcoin since the price of is rapidly rising

Bitcoin is not guaranteed to go up, yet if it does end up going up, then you will have ended up better off if you invest more aggressively as compared with if you had not invested aggressively.

If the bitcoin price ends up going down rather than up, then you will end up doing worse off by investing aggressively as compared to if you had not invested aggressively.

Some of the folks saying that the bitcoin price is high were also saying that bitcoin prices were high in 2022 when they were around $20k, and they were saying bitcoin prices were high in 2024 when they were bouncing between $50k and $70k, and they were saying that bitcoin prices were high a couple of months ago when BTC prices were bouncing between mid $70ks and lower $90ks. Some folks will never get over their diagnosing bitcoin prices as being high and they will likely continue to have fun staying poor... since it is best to get started buying bitcoin rather than worrying about price, especially for no coiners and low coiners.
Any folk that did not see the current price of Bitcoin as an opportunity to start investing will surely regret it in the future. This current price seems cheap if we consider what happened between 2022 and this period in 2025.At this point, I don't expect anyone to be thinking about the price, but rather to be focused on how much Bitcoin they have been able to accumulate or how much they will be able to accumulate by the end of this year.that is the only thing everyone needs to focus on now.

Well, since you registered on the forum in late 2022 and potentially started investing in bitcoin in late 2022, then by the end of 2025, you will have three years investing into bitcoin.  2025 is supposed to be an up year and 2026 could be a down year, yet we do not know for sure.

I frequently like to suggest that newbies spend at least a whole cycle investing into bitcoin, yet if your starting time is actually late 2022, then you likely would be well off to spend perhaps at least 5 years accumulating bitcoin aggressively. 

Sure, of course, I do not know your particulars, yet you could end up in quite a good place by the end of 2027 if you had been accumulating bitcoin for the whole time, such as 5 years.

Of course anyone ongoingly investing into bitcoin by focusing on accumulating bitcoin through buying will potentially need to assess their strategy from time to time depending on the extent to which they might have had been DCAing and/or if they had been able to either front load their bitcoin investment and/or buy on the dips, too.. to the extent that they are still employing ongoing buying rather than spending time waiting for price dips that might not end up happening.

The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K  Wink
Are you in anyway suggesting that an investor who have been holding shitcoins should put 25% of their money in Bitcoin and leave the balance of 75% still in shitcoins? That is not a good advice because Bitcoin is still the safest investment out there so should have majority of your portfolio and not the other way round. A lot of us are going 90% to 100% Bitcoin and it has been a great experience so far, devoid of fear and uncertainty and with the optimism that we will not regret in the future about the decision to hold and not sell. Holding shitcoins can never give someone this level of peace and confidence about the future. Bitcoin have shown great resilience these period and it is only wise for anyone interested in taking their finances seriously to buy at every opportunity and hold. Even the news around Bitcoin is suggesting that the many big things will be happening to Bitcoin in the near future.
I completely agree, Bitcoin is the safest and most reliable investment out there. For me, I split my portfolio into three parts based on risk: low, medium, and high. Bitcoin is definitely my low risk asset and the main part of what I hold. I keep buying it and will keep accumulating (I’m still new to accumulation) and don’t plan to sell anytime soon. Then, I put about 10 to 20% maximum into medium and high risk stuff like shitcoins not because I fully trust them, but because they might give big gains in a bull run. I always manage it carefully within my risk limits. To avoid making the same mistakes older crypto pals made, I prefer staying on the safer side.


If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend.  I personally have less than 1% of the size of my bitcoin investment in shitcoins.

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
Tonimez
Sr. Member
****
Offline Offline

Activity: 420
Merit: 264



View Profile
May 28, 2025, 04:02:12 AM
 #5855


If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend.  I personally have less than 1% of the size of my bitcoin investment in shitcoins.
Exposure to shitcoins is addictive and very difficult to avoid even though it didn't take me long to conclude and limit myself from almost every shitcoins. 20% target is not supposed to be difficult for any investor who understands bitcoin investment. Bitcoin is the only and most reliable cryptocurrency and deserves more than 90% of your investments fund. The more you invest in shitcoins, the higher risk of getting stucked in it and the less funds you introduce to your bitcoin which would delay your accumulation target.

arwin100
Legendary
*
Offline Offline

Activity: 3332
Merit: 1034


Jack of all trades 💯


View Profile WWW
May 28, 2025, 07:49:18 AM
 #5856


If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend.  I personally have less than 1% of the size of my bitcoin investment in shitcoins.
Exposure to shitcoins is addictive and very difficult to avoid even though it didn't take me long to conclude and limit myself from almost every shitcoins. 20% target is not supposed to be difficult for any investor who understands bitcoin investment. Bitcoin is the only and most reliable cryptocurrency and deserves more than 90% of your investments fund. The more you invest in shitcoins, the higher risk of getting stucked in it and the less funds you introduce to your bitcoin which would delay your accumulation target.

Maybe at early phase of our participation or investing on crypto since somehow there are lots of misleading information we could read online like we easily get rich if we invest on that particular shitcoins or they tell that this shitcoin will be the next Bitcoin. That situations bring false hope to newbies that's what I experience before I lost lots of money because of those shitcoins and other misleadings information they used to attract people to invest with it.

But hopefully those newbies could get out immediately on wrong decisions they have done and could able to think about that there's none of those shitcoins are really the best to invest aside from Bitcoin. I always feels like the more we invest on shitcoins the more we are close or one step closer to get broke especially if there's situation that a massive rug pull will came and we are not prepare on that situation.

Gost ms
Full Member
***
Offline Offline

Activity: 350
Merit: 163



View Profile
May 28, 2025, 07:57:53 AM
 #5857

If the price of Bitcoin is always going up, investors will never be able to participate in investment, because when the price of Bitcoin is low and a dip is created, investors immediately start buying.

There are many investment methods for investment. For example, DCA, Dip You can buy using one of these methods at any time. A new investor can continue to buy using the DCA method. And when the market is falling, he can continue to buy a little aggressively if he wants. But he should buy aggressively by relying on his stable income. It is better to continue buying using the DCA method until they have accumulated a sufficient amount of Bitcoin in their portfolio. Investment is long-term, such as keeping a time frame of 8 to 10 years.

Therefore, when there is a dip and instability in Bitcoin, the fear of investors to invest increases,

It is natural for a new investor to panic when he sees a fall in the market. But a person who can use this fall without panicking can be expected to overcome all obstacles and profit from the investment. Continue to buy aggressively without panicking during the fall If someone does not have enough money to buy aggressively, then continue to buy continuously and not be too scared when they see the fall.

MainIbem
Hero Member
*****
Offline Offline

Activity: 1960
Merit: 629


Contact @yahoo62278 on telegram for marketing


View Profile WWW
May 28, 2025, 10:41:09 AM
 #5858

Maybe at early phase of our participation or investing on crypto since somehow there are lots of misleading information we could read online like we easily get rich if we invest on that particular shitcoins or they tell that this shitcoin will be the next Bitcoin. That situations bring false hope to newbies that's what I experience before I lost lots of money because of those shitcoins and other misleadings information they used to attract people to invest with it.

But hopefully those newbies could get out immediately on wrong decisions they have done and could able to think about that there's none of those shitcoins are really the best to invest aside from Bitcoin. I always feels like the more we invest on shitcoins the more we are close or one step closer to get broke especially if there's situation that a massive rug pull will came and we are not prepare on that situation.

Only someone that is looking for a means to get rich quick through Crypto would believe that a particular shitcoin would be the next Bitcoin, it would be quite difficult for any shitcoins to attain the height of Bitcoin, most of these layer 1 alts are even finding it difficult to get to a quarter close to what Bitcoin has gotten, most if not all of them depend on the growth of Bitcoin to grow so thinking any shitcoins or new project would do better than Bitcoin is very delusional, I'm not against anyone buying shitcoins though it's their choice, and their money and their lose when they eventually do, anyone can do whatever they like with their money afterall even though it means taking huge risk but the right thing when it comes to investment through Cryptocurrency remains buying and holding Bitcoin for long-term. Newbies are very prone to making wrong choices, some due to ignorance some greed but in general they'll all learn from their errors and still acknowledge Bitcoin as the right option on the long run cause investing on shitcoins is very risky and in most cases yield more lose than profits.

348Judah
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 637


Vave.com - Crypto Casino


View Profile
May 28, 2025, 11:24:48 AM
 #5859


If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend.  I personally have less than 1% of the size of my bitcoin investment in shitcoins.
Exposure to shitcoins is addictive and very difficult to avoid even though it didn't take me long to conclude and limit myself from almost every shitcoins. 20% target is not supposed to be difficult for any investor who understands bitcoin investment. Bitcoin is the only and most reliable cryptocurrency and deserves more than 90% of your investments fund. The more you invest in shitcoins, the higher risk of getting stucked in it and the less funds you introduce to your bitcoin which would delay your accumulation target.

Altcoins comprises of shitcoins and some cant be able to discern on which is better for them to use and which is not, all because they have been earlier exposed to some of these coins right from the start, so they should be at fault, because when we have a right approach in starting an investment, it will be easy for us to make better achievement in it, also to those that are willing to bring in new investors into the bitcoin network, we must properly orientate them on why they should stick to bitcoin in cryptocurrency, this will help avoid the unnecessary risk from other coins.

Merit.s
Hero Member
*****
Offline Offline

Activity: 700
Merit: 570


Lohamor Family


View Profile WWW
May 28, 2025, 12:00:30 PM
Merited by JayJuanGee (1)
 #5860

If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend.  I personally have less than 1% of the size of my bitcoin investment in shitcoins.
I wouldn't even advise anyone to think of holding any percentage of shitcoin from from his total bitcoin portfolio especially newbies because they need to focus on buying and building their bitcoin portfolio overtime since they're still new in bitcoin accumulation. The only shitcoin one can have is based on you want to use it to pay for gas fee or network fee or similar. But if it's because you want to hodli or gamble with them, it's not worth it.

My younger brother was a big shitcoiner and he was happy and glad keeping and buying these shitcoins. When I traveled back to visit him, I saw his deep involvement in them and I asked him if he has bitcoin, he said just little amount but he has more of shitcoin. I laughed at him and told him the difference between bitcoin and shitcoin, he doubted. After a month, I went to him again then bitcoin price was pumping, he got frustrated and told me that his portfolio reduced and the price is still falling.

I laughed at him again, and told him that he is holding a valueless tokens. He believed and accepted immediately. Instantly, I told him if he has funds, he can buy bitcoin, he did as I advised him and now he was smiling to me last week that his bitcoin investment is growing. I laughed and looked at him that he hasn't seen anything yet, he should just keep on buying weekly and in future he will understand. Bitcoin is a good asset and no coiner and lower coiner should stay focus in building and growing their bitcoin portfolio for the future.

Pages: « 1 ... 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 [293] 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 ... 614 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!