Buy Buy Buy or Sell Sell Sell?

[Johnlomape]

Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

Before investing in bitcoin, just take your time to check bitcoin price history, you will know that even if bitcoin price drops, then with time it’s going to bounce back, and we should panic that bitcoin price is already high. If you don’t invest now because you think bitcoin price is high, then in the next 10 years, am sure you will end up regretting why you didn’t invest now.

When you want to teach a person that have never fished before on how to fish, it is good you demonstrate and show the person the best net and hook to use to catch fishes. It is also wise to show the newbie what river to go that he can get fishes without much pressure.
This is how to help someone learn what is required to fully understand Bitcoin is different practical ways. I blame people that will also complain that newbies are not listening to what they needed to do that will help them understand Bitcoin without too much weakness.

Investing in Bitcoin does not need took much books to read to understand the necessary things and steps to take so as to become an investor. Capital is needed, wallet is needed and knowledge about Bitcoin. Number thing a newbie must understand is that Bitcoin is the ultimate and no shitcoin(altcoins) can be compared to it. Bitcoin is safe to hold, decentralized and also an asset.
Newbies ought to buy Bitcoin and no other cryptocurrency so not to confused them that cryptocurrency contains Bitcoin and shitcoins that are created to enrich project team alone.

[Nightwatchmare]

There is a good practice of trying to save/invest around 10% or perhaps even more for the future, yet there are so many folks who have fallen out of such a habit since for 15 years or more interest rates for savings accounts have continued to come down, and there have frequently been dynamics worse in some countries as compared with other countries in which currencies don't hold value so there are incentives to spend it - especially since there is no place to put it, especially if we are talking about only around 10% or so of the income..

Yes, when it comes to saving or investments is a good thing that we suppose practice about. Because it has helped many individuals become wealthy, and is not that they saving/investing all at once, they do so gradually with what they have in that particular time. That is why I am wondering about folks who have another source of income and are unable to use even 5% of what they make, which can multiply them to earn more than what they save/invest against future; and no conditions is permanent. No matter how much some people make per month or week, once their issues is more expanding, this money will not be enough to support them with their families. That is why it is good for us to engage in investing/saving, even a little percentage from our income is set aside for the future.

But that is why if we invest in Bitcoin according to the DCA method, we will definitely be financially prosperous in old age. Because Bitcoin is invested with the future in mind, because it is possible to get several times more benefits than banks. The higher the Bitcoin investment, the greater the risk of profit, which is why most people are currently expressing interest in Bitcoin investment. Because it plays the biggest role in being financially successful in the future.
Because every person wants to save their own money, it is most suitable to invest in Bitcoin, which is why we should consider it the best to think only about buying Bitcoin.

Everyone thinks about the future and deposits money in the bank or saves their money somewhere else. However, if you invest in Bitcoin without keeping money in the bank with a little risk and if this investment can be considered as savings, then the amount of money that the bank will return to that person at the end of a certain period of time, I think that person will get a higher return than if he invested in Bitcoin at the end of a certain period of time. But the problem is that we are not actually ready to take some risk, we keep money in the bank because if we keep money in the bank, there is no possibility of our money decreasing, but we are keeping so much money in the bank, but the exchange bank is not giving us any such interest. Therefore, those who know about Bitcoin should know the relationship between investing in Bitcoin and should invest in Bitcoin with a little risk. Maybe one decision can change a person's financial situation a lot later.

There is a risk in any type of investment, whether it is investing in Bitcoin or any other type of investment. Depositing money in a bank is not an investment. So there is no risk here, but the value of your money will continue to decrease as long as you keep it.

We know there's no investment that is risk free. Before we started accumulating bitcon, we knew bitcoin investment wasn't excluded, but the risk in Bitcoin investment is minimal, and if you don't sell your bitcoin investment in a hurry, you will never lose your money in bitcoin investment. Depositing money in the bank isn't an investment because there's no interest that will added to your money in the bank even if you kept your money in the bank for 50 years. In your understanding, there's no risk in keeping money in the bank but i want you to know this clear, keeping money in the bank is the same as keeping your bitcoin in a centralized exchange because something bad might happen behind the scene and you will lose your money without you knowing that your money is gone or you can lose your money in the money if the bank is hacked by scammers.

[Yablee0]

Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

Before investing in bitcoin, just take your time to check bitcoin price history, you will know that even if bitcoin price drops, then with time it’s going to bounce back, and we should panic that bitcoin price is already high. If you don’t invest now because you think bitcoin price is high, then in the next 10 years, am sure you will end up regretting why you didn’t invest now.

You are right my guy, it can be very difficult for a newbie to withstand the dip at times because most of them aren't aware how it works, perhaps they become more skeptical and sell at lost  then after the price might has boom up again they will start regretting.  I know it is natural for one to be scared because it involves money but one important thing you most know for sure is that bitcoin must surely rise back again regardless how dip it might fall, that's how it work.

However, as an investor coming up newly in the game always note that before you experience any dip in bitcoin, their is a tendency of a greater picture ahead so don't panic, don't be tempted to sell, keep holding as long as you can because that dip you see can be heading to something bigger.

[EarnOnVictor]

Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

You are right, what do you expect? They are new to the Bitcoin system, and they will always react impulsively.

But this is not peculiar to newbies alone, many experienced Bitcoin investors are still facing this issue, it is emotional. No matter what you preach to some people or have learned themselves, when it is about money, they can't help it but be emotional, it is in their nature. While it is minimal in some people where they can try to fight the emotion, it is biting in others, they must liquidate it, but only to regret their actions later when they see Bitcoin higher.

For those who try to fight it in my example above, they are the ones who might, for example, see Bitcoin when it was at around $75,000 and wait till it hit around $120,000, then liquidate it. Despite the experience, the latter is only better, but still does not have the spirit of a true Bitcoiner who would buy and forget.

[Barikui1]

You are right, what do you expect? They are new to the Bitcoin system, and they will always react impulsively.

But this is not peculiar to newbies alone, many experienced Bitcoin investors are still facing this issue, it is emotional. No matter what you preach to some people or have learned themselves, when it is about money, they can't help it but be emotional, it is in their nature. While it is minimal in some people where they can try to fight the emotion, it is biting in others, they must liquidate it, but only to regret their actions later when they see Bitcoin higher.

The truth of the matter is that it near impossible for an experience Bitcoin investors to react emotionally to his investment if he is doing the right thing. He or she is being emotional because he or she is investing what he cannot afford to lose, and that is the major cause of panicking of most Bitcoin investors. Sometimes we underestimate the the importance of investing only with our discretionary income, that's why newbies easily falls prey to this, and they most times panic anytime their is a dip in the market because they lack the knowledge that investment in Bitcoin is only done from your discretionary income not any money that got into their hands, sometimes they invest money meant for their upkeeps and because that's pure gambling, they will later sell prematurely when the needs of that money used to invest in Bitcoin arises.
So ignorance and investing what they can't afford to lose is the major cause of an investor being emotional to his Bitcoin investment.

[G_Besar]

It may not be the best but it is among the best and the rate at which it Is accelerating, there is every tendency that it will outgrown those of them that seems or appear to be more than Bitcoin for now because where Bitcoin skyrocketed from is really something that is confusing most persons till now because the never believed it. Bitcoin is a growing and it shall continue to grow and its potential speak about it all, but passing wrong information to someone who want to invest in Bitcoin will be wrong and it may affect the person in his investment the reputation of the person that passed the information will be ruined and it will somehow give Bitcoin a bad name like scam project which is not true.

From Bitcoin's long history, everyone can see that Bitcoin doesn't wait for a few unbelievers. Because Bitcoin will continue to grow, even if not everyone in the world believes it is an asset worth holding and buying at any time by anyone who believes in it. And as for spreading information about Bitcoin to those who don't believe in it, I don't think it should be too difficult to do, as we can all suggest it to our own family and close friends first. Because it will also spread over time to others through anything, whether social media or conversations when we meet.

And it's our duty as believers in Bitcoin to create long-term investment plans without worrying about and wasting more time on those who don't believe in Bitcoin. Because time is ticking, we can't turn back time, so those who have experienced the good times by buying Bitcoin will regret having exchanged their fiat currency for Bitcoin to achieve greater financial freedom in their later years.

[Gost ms]

It may not be the best but it is among the best and the rate at which it Is accelerating, there is every tendency that it will outgrown those of them that seems or appear to be more than Bitcoin for now because where Bitcoin skyrocketed from is really something that is confusing most persons till now because the never believed it. Bitcoin is a growing and it shall continue to grow and its potential speak about it all, but passing wrong information to someone who want to invest in Bitcoin will be wrong and it may affect the person in his investment the reputation of the person that passed the information will be ruined and it will somehow give Bitcoin a bad name like scam project which is not true.

From Bitcoin's long history, everyone can see that Bitcoin doesn't wait for a few unbelievers. Because Bitcoin will continue to grow, even if not everyone in the world believes it is an asset worth holding and buying at any time by anyone who believes in it. And as for spreading information about Bitcoin to those who don't believe in it, I don't think it should be too difficult to do, as we can all suggest it to our own family and close friends first. Because it will also spread over time to others through anything, whether social media or conversations when we meet.

And it's our duty as believers in Bitcoin to create long-term investment plans without worrying about and wasting more time on those who don't believe in Bitcoin. Because time is ticking, we can't turn back time, so those who have experienced the good times by buying Bitcoin will regret having exchanged their fiat currency for Bitcoin to achieve greater financial freedom in their later years.

We should never encourage anyone to invest or tell anyone to invest in Bitcoin. Because Bitcoin is a very volatile market, anything can happen at any time. Suppose you have advised your friend to invest in Bitcoin and your friend has invested in Bitcoin after listening to you, but after a few days, if there is a decline in the market and your friend loses some money and if he gets scared and sells all his holdings. Then your friend will put the entire blame on you and blame you. So it is never right to force anyone to invest or encourage anyone to invest.

But yes, if a person is willing to invest in Bitcoin and if he comes to you to know something related to Bitcoin and investment information or to get advice. Then you can give him basic knowledge about Bitcoin, tell him about the volatility of Bitcoin and introduce some things to it, which will be good for him. You can tell him all the things like which method would be better to invest in. Then if he likes it, he can invest. But it is never right to force or encourage anyone to invest.

[SPIDERMAN008]

Everyone thinks about the future and deposits money in the bank or saves their money somewhere else. However, if you invest in Bitcoin without keeping money in the bank with a little risk and if this investment can be considered as savings, then the amount of money that the bank will return to that person at the end of a certain period of time, I think that person will get a higher return than if he invested in Bitcoin at the end of a certain period of time. But the problem is that we are not actually ready to take some risk, we keep money in the bank because if we keep money in the bank, there is no possibility of our money decreasing, but we are keeping so much money in the bank, but the exchange bank is not giving us any such interest. Therefore, those who know about Bitcoin should know the relationship between investing in Bitcoin and should invest in Bitcoin with a little risk. Maybe one decision can change a person's financial situation a lot later.

There is a risk in any type of investment, whether it is investing in Bitcoin or any other type of investment. Depositing money in a bank is not an investment. So there is no risk here, but the value of your money will continue to decrease as long as you keep it. But the matter of Bitcoin is different. However, investing in Bitcoin can yield more profit than any other type of investment. If you keep money in a bank, the value of money will decrease, but if you invest in Bitcoin, the value of your Bitcoin will increase day by day.

Who told you that there is not risk in depositing money in the bank? In my country, people lost a huge part of their capital when a bank declared insolvency even though we have a government agency that regulates the banking sector to ensure that people do not lose their money during bankruptcy. The funny thing is that they asked for so many KYC documents and verification and after the suffering people went through to provide those things, they could only pay back 25% of whatever you have in your account. Forget keeping money in the bank, it is a very risky and bad business because if your money escapes inflation, which is not even possible, you have the risk of losing money in case there is a collapse of the bank.

Bitcoin have remained a reliable way of saving money, inflation resistant and constant growth over the years. The risk is minimal and the reward unimaginable. Always keep this saying at heart, "if the potential reward of doing a thing is greater than the risk, do it anyway"

I mentioned that if you keep money in a bank, the value of money decreases. Because inflation has increased day by day. The government of a country is printing money for its own needs at will, making the economic situation of the country worse. However, what you said is true that many times banks go bankrupt. But the possibility of this happening is very low. However, it seems to be happening. And those who keep money in a bank, after seeing it, understand that they keep it in a bank that is comparatively strong. So, considering all these things, I think it is better to invest in Bitcoin than to keep money in a bank.

[Edited out]
There is a risk in any type of investment, whether it is investing in Bitcoin or any other type of investment. Depositing money in a bank is not an investment. So there is no risk here,

I get the ur point, honestly I do, but saying there is no risk in depositing money in the bank is not entirely true. Yes, a savings account does not have the same kind of volatility as Bitcoin, but that doesn’t mean it is without risk......When you keep/deposit money  in the bank, the value of that ur money is exposed to the risk of inflation or currency devaluation, which meanz that your purchasing power tends to decrease over time. Other risk that is associated with depositing your money in the bank includes folding up of the bank, government restrictions, etc..... So, while the risk level may be low, it is still inappropriate to say that there is "no risk."

[Edited out]
but if you invest in Bitcoin, the value of your Bitcoin will increase day by day.

This statement is very much misleading especially to a newbie. A newbie who uses this your idea( of Bitcoin's day by day increase) to enter into Bitcoin investments , will end up selling off anytime there is a short-term market dips . The fact remains that Bitcoin doesn’t  always increase in value “day by day.” In fact, anyone who has been around the space  for some while now will confirm how volatile the price can be, sometimes dropping 5-10% in a single day. The history of Bitcoin has showed us that over the long term, Bitcoin's price has trended upward, but that doesn't mean that there hasn't been periods of bear market.

Yes, I understand that I am not using the word day by day correctly. However, I want to understand that Bitcoin gives good profits after a long time. This means that as long as you can invest with discretionary income and follow DCA, it is possible to be more profitable, which must be 4 to 10 years.

[Jostern]

There is a good practice of trying to save/invest around 10% or perhaps even more for the future, yet there are so many folks who have fallen out of such a habit since for 15 years or more interest rates for savings accounts have continued to come down, and there have frequently been dynamics worse in some countries as compared with other countries in which currencies don't hold value so there are incentives to spend it - especially since there is no place to put it, especially if we are talking about only around 10% or so of the income..

Yes, when it comes to saving or investments is a good thing that we suppose practice about. Because it has helped many individuals become wealthy, and is not that they saving/investing all at once, they do so gradually with what they have in that particular time. That is why I am wondering about folks who have another source of income and are unable to use even 5% of what they make, which can multiply them to earn more than what they save/invest against future; and no conditions is permanent. No matter how much some people make per month or week, once their issues is more expanding, this money will not be enough to support them with their families. That is why it is good for us to engage in investing/saving, even a little percentage from our income is set aside for the future.

But that is why if we invest in Bitcoin according to the DCA method, we will definitely be financially prosperous in old age. Because Bitcoin is invested with the future in mind, because it is possible to get several times more benefits than banks. The higher the Bitcoin investment, the greater the risk of profit, which is why most people are currently expressing interest in Bitcoin investment. Because it plays the biggest role in being financially successful in the future.
Because every person wants to save their own money, it is most suitable to invest in Bitcoin, which is why we should consider it the best to think only about buying Bitcoin.

Everyone thinks about the future and deposits money in the bank or saves their money somewhere else. However, if you invest in Bitcoin without keeping money in the bank with a little risk and if this investment can be considered as savings, then the amount of money that the bank will return to that person at the end of a certain period of time, I think that person will get a higher return than if he invested in Bitcoin at the end of a certain period of time..But the problem is that we are not actually ready to take some risk, we keep money in the bank because if we keep money in the bank, there is no possibility of our money decreasing, but we are keeping so much money in the bank, but the exchange bank is not giving us any such interest. Therefore, those who know about Bitcoin should know the relationship between investing in Bitcoin and should invest in Bitcoin with a little risk. Maybe one decision can change a person's financial situation a lot later.

If you save money in the bank, it is inflation that will kill you because your money will devalue even with the small amount the bank adds as interest over a certain period, your savings interest rate cannot beat inflation. So, the bank can't give anyone a return that is better than the profit Bitcoin can offer as long as the person holds Bitcoin for a long term, like 4 to 10 years. In fact, rich people are not leaving their money in the bank, but rather take it to ways that will fetch them profits in future like investing in asset like Bitcoin.infact people are now looking to Bitcoin more compared to other assets becuase it bring more profit in future.

That is true, saving money in the bank is just a waste of time, imagine saving money in the bank for 5 years how much interest will you have and considering the inflation of commodities as well that will be a very huge challenge and you’ll learn that there is nothing in saving money in the bank, and at the end of the months or days you’ll still have to pay for charges, so equivalently you’re still paying the bank to save your money for you, and investment wise, saving money in the bank is totally a bad idea which I have decided to be investing my money into Bitcoin, mostly the wealthy people are more interested to invest their money into things that will bring them more money instead of going to save money that’ll not give you money in return, just imagine saving money in the bank for 4 years and you’re not guaranteed any profit as much, but imagine investing in bitcoin for a full complete circle, you’ll stand more chance of earning profits and your money will be more safe compared to banks where sometimes your money will not be safe because of scammers this day. Bitcoin is an asset now and we keep investing our money and hodl for a long term, then we stand more chance of having more profit.

[9ja Amaka]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.

[Y3shot]

The fall of the market this time around is another buying opportunity I expect that some should have taken advantage of investing buying and holding till it continues in pumping, in speculations, we check on for both the performances and then be able to predict for what is probably ahead so as to help us get positioned for the best the market could offer at a particular time, so we can ask ourselves now, wlif we are buying or selling.

Since the market has been slightly down, it should be taken as an opportunity. Maybe some people are panicking because of market dumping, since Bitcoin is volatile, such dumping should be taken as normal, the best thing to do is to use this type of dumping as an opportunity to buy. I am not in favor of selling, but rather continue to buy.

I don't see any reason to panic. Investors need to understand that the fall of Bitcoin is part of Bitcoin investment, and they shouldn't be expecting an increase in Bitcoin all the time because there is also a time when the price of Bitcoin will fall.

When Bitcoin's price drops, it should be used as an advantage to buy more Bitcoin for when the price increases for profit. If you don't buy low, it means you don't deserve an increase in the market.

What normally makes people panic in times like this is a lack of understanding and greed, because I don't see the reason why one would only desire for Bitcoin's price to increase but frown and panic when the price drops. Real investors will go for more Bitcoin in a time like this.

[jems]

From Bitcoin's long history, everyone can see that Bitcoin doesn't wait for a few unbelievers. Because Bitcoin will continue to grow, even if not everyone in the world believes it is an asset worth holding and buying at any time by anyone who believes in it. And as for spreading information about Bitcoin to those who don't believe in it, I don't think it should be too difficult to do, as we can all suggest it to our own family and close friends first. Because it will also spread over time to others through anything, whether social media or conversations when we meet.

And it's our duty as believers in Bitcoin to create long-term investment plans without worrying about and wasting more time on those who don't believe in Bitcoin. Because time is ticking, we can't turn back time, so those who have experienced the good times by buying Bitcoin will regret having exchanged their fiat currency for Bitcoin to achieve greater financial freedom in their later years.

The most important thing is family and close friends, but it's better to forget about introducing Bitcoin to people who don't believe in it. It's just a waste of time. I think the history of Bitcoin's price development has been so clear-cut that we don't need to explain it further.

For those familiar with Bitcoin, long-term investment is unquestionable. It's a plan for everyone, regardless of the strategy used. I believe those closest to us deserve guidance in doing the same to reap future profits. We simply need to believe in investing without looking at the current price and consistently implementing the same strategy to continue growing our portfolio. Then, one day, we will experience the benefits of our actions, and I firmly believe that time will come.

[Grace333]

A true investor wouldn’t be worried when it’s a bear season in the market, instead an investor would take the opportunity of buying and accumulating more aggressively, and that doesn’t mean that we wouldn’t buy if we don’t come across a bear season, there is no point to be worried about any dip, because bitcoin would still appreciate and we might just probably have a new ATH, that is why we should be more interested in buying and accumulating bitcoin consistently. Either aggressively when we have the opportunity and more discretionary income, and when also being aggressive we should also try to be cautious of our aggressiveness.

The only consistency in investing is the right decision, I do not invest aggressively and I do not wait to buy DIP, I only like to buy at a certain time, no matter how high or low the price is at that time, I do not care about it.

Our goal should be only long-term, and no matter how low or high Bitcoin goes in the meantime, it is not something to panic or worry about. The history of Bitcoin proves that after every big fall, the market has turned around and achieved new highs.

That is the truth, because when you look back at Bitcoin history, every major drop that seemed like the end later turned into just another stepping stone… People who held through those tough moments always came out better than the ones who sold in fear.. It is really a game of patience, and the long term mindset is what separates investors from traders.

Short term swings will always be there, but they do not change the bigger picture. Bitcoin keeps proving itself over time, and as adoption grows, new highs always follow. So instead of panicking with every dip, it makes more sense to trust the process and focus on the long run.

[Kelward]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.

Basic knowledge is important for newbies that wants to get into Bitcoin investment, it's essential to understand that it is a volatile asset that can dump and pump without any notice. Bitcoin is not a shitcoin so it's safe for a newbie to get into the investment without learning everything there is to know because they're in the right place. They can be buying and hodl then gradually increase their knowledge about how Bitcoin works, most importantly they should know that it has the potentials to rally after every dip and always reach ATH.

It's not necessary to always check where current price stands at everyday, it can be a distraction since you're not planning to sell on the short term. It's best to adopt DCA method and buy from your discretionary funds when the percentage of your income drops into it every week or month.

[Rockson1]

Since the market has been slightly down, it should be taken as an opportunity. Maybe some people are panicking because of market dumping, since Bitcoin is volatile, such dumping should be taken as normal, the best thing to do is to use this type of dumping as an opportunity to buy. I am not in favor of selling, but rather continue to buy.

There has been excuses upon excuses, you will be surprised that even if bitcoin price drops further as we are seeing now, some persons wouldn't still buy, may be there next excuse will be who knows whether it it will drop to zero, some persons have what ro say at all time, the panicking aspect is what I don't understand, why will anyone panick, if you are such investor that has been investing with DCA method, the continuous ups and down that we have been experiencing should be seen as good opportunity to buy in lump sum but that's if that amount to buy in lump sum is available, I wouldn't want be misunderstood here please, I never said that buying in lump sum should be done only when the price of bitcoin is down, investors can actually buy in lump sum any time once the funds available, if we look at the market, it is still very bullish, so my advise is buy as much you can, don't sell at this point and continue buying as long as you can afford consistent buying but that should be with what you can afford consistently too.

[POPOLUV]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.

If any newbie rush to invest in Bitcoin is not a totally a bad idea as you said earlier that investing into Bitcoin only requires you buying your Bitcoin and be watching on how Bitcoin will be fluctuating in the market price, i will advise you that it is not bad idea in learning when you are building up your Bitcoin portfolio because i believe that before you could be a newbie in this forum, the person that introduced you to Bitcoin have might give clues on how Bitcoin works before eve arranging to invest as a newbie, so it is good to always advisable to start to invest as newbie than waiting for dip that might come before buying Bitcoin. If any newbie sees the opportunity investment at his earliest stage providing there is a discretionary income available for him, such newbie should waste time than to start accumulate his Bitcoin portfolio.

[Gallar]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

Before investing in bitcoin, just take your time to check bitcoin price history, you will know that even if bitcoin price drops, then with time it’s going to bounce back, and we should panic that bitcoin price is already high. If you don’t invest now because you think bitcoin price is high, then in the next 10 years, am sure you will end up regretting why you didn’t invest now.

Yes, the point is that when we enter into an investment domain, such as bitcoin, we should never rely solely on emotions and neglect logic and knowledge. Because basically if we invest in bitcoin, and only want to get the benefits without knowing the process, then undoubtedly people like that will definitely be screamed by their own ambitions. So with that, I think a little thinking when investing in bitcoin. Because in my personal opinion it doesn't take long to see the history of bitcoin and also understand the cycle. Because currently there is a lot of information that we can easily access to get information about bitcoin.

So the point is not to prioritize ego and laziness when we invest in bitcoin. Because basically what makes us wretched in investing is not the asset but ourselves. So with that, when investing in bitcoin, we must really be able to understand what we are investing in. And to learn it does not need to be rushed, because basically after starting to invest we can do it. Because even though this looks like trivial, but basically understanding the bitcoin price cycle will make us stronger in holding the bitcoin that we have.

[Samlucky O]

Since the market has been slightly down, it should be taken as an opportunity. Maybe some people are panicking because of market dumping, since Bitcoin is volatile, such dumping should be taken as normal, the best thing to do is to use this type of dumping as an opportunity to buy. I am not in favor of selling, but rather continue to buy.

There has been excuses upon excuses, you will be surprised that even if bitcoin price drops further as we are seeing now, some persons wouldn't still buy, may be there next excuse will be who knows whether it it will drop to zero, some persons have what ro say at all time,

I guess this is a perfect example of your explanation, surely there are people who usually does that all the time but I don't fucking care if they chose to buy or or not they can as well decide to procrastinate but I assure them that history will still repeat itself an they will keep regretting for all I care.

the panicking aspect is what I don't understand, why will anyone panick, if you are such investor that has been investing with DCA method,

You should know that each an everyone still have their decision to make including selling out of panic. Everyone can not be thesame their must always be traders, FOMOers and  (FUD)“fear, uncertainty, and doubt” all you just need to do is to abstain from this category of people because they can do anything just for short term profit.

[Tmoonz]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.

If any newbie rush to invest in Bitcoin is not a totally a bad idea as you said earlier that investing into Bitcoin only requires you buying your Bitcoin and be watching on how Bitcoin will be fluctuating in the market price, i will advise you that it is not bad idea in learning when you are building up your Bitcoin portfolio because i believe that before you could be a newbie in this forum, the person that introduced you to Bitcoin have might give clues on how Bitcoin works before eve arranging to invest as a newbie, so it is good to always advisable to start to invest as newbie than waiting for dip that might come before buying Bitcoin. If any newbie sees the opportunity investment at his earliest stage providing there is a discretionary income available for him, such newbie should waste time than to start accumulate his Bitcoin portfolio.

Your post is contradictory, you are saying one thing at a point and at the same time saying the opposite and it is confusing, it is ok that what everyone needs is to figure out if they have discretionary income to invest and of course other things can be learn along the line that's with the DCA strategy, I don't even consider any one investing in Bitcoin now to be rushing provided they are doing that with their discretionary income, there is alot readily available to be learn about Bitcoin while already investing because Bitcoin has already Left footprints and not just new in existence, every newbies should know that dips is not what should be wait for before investing because it may or may not happen which can cause lost of opportunities of buying Bitcoin and with a consistent DCA alot of dips can be catch.

[HistoLock]

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.

Yes, it is certainly true that dips are always good in investment. There are many who invest here without having the slightest knowledge of Bitcoin and want to get rich in a hurry, which can lead to their disappointment and failure. I think if they invest in this valuable asset and their only mindset is to get rich, then I would say that it is not suitable for investment. Because when you invest, you must analyze whether the price is increasing or decreasing, yes, it is certainly true that if you hold it for a long time, then you can achieve success from here. You must wait for dips, if you do not understand and invest in currencies that are not at the top of popularity, then you will be foolish.