Buy Buy Buy or Sell Sell Sell?

[SmartCharpa]

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.

Sure, most of the investors you see doing well today learned from their previous mistakes. In the beginning, many of them started without proper knowledge, some even sold too early because they panicked when the market changed, not realizing that changing of price is a normal part of the game. Selling at a loss didn’t make them give up, but they learned from their mistakes to studied more, and came back stronger.

Over the last three years, Bitcoin’s price has increased far above what many people invested back then, most investors who bought Bitcoin about three years ago would now be holding at least x2 the value of their investment, not to mention the next 10 years to come, I believe Bitcoin could reach levels that many people can never imagine today. This is why we are confident that it’s still the right time to invest. Those who have yet to start holding Bitcoin should do so, because in the future they may regret not taking advantage of the opportunities available now.

[Platinumys]

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 Bitcoin market may go down a bit at some point, during that time, every investor has to be patient and have faith in the Bitcoin market that the Bitcoin market will definitely go up again. Bitcoin is being discussed everywhere, today a speaker came to my university auditorium to attend an important seminar where he is researching AI at a renowned university in America. He also mentioned this when giving an example of a topic and in his speech he said to us that we know about Bitcoin. After asking such a question, he said another thing that do you know how much Bitcoin first came into the market and what is the current price of Bitcoin.

That is, everyone from a low-income person to a researcher is keeping track of the Bitcoin market, so there should be no doubt that Bitcoin is now a popular and discussed digital currency worldwide and its popularity and value will only increase gradually.

[Popkon6]

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 Bitcoin market may go down a bit at some point, during that time, every investor has to be patient and have faith in the Bitcoin market that the Bitcoin market will definitely go up again. Bitcoin is being discussed everywhere, today a speaker came to my university auditorium to attend an important seminar where he is researching AI at a renowned university in America. He also mentioned this when giving an example of a topic and in his speech he said to us that we know about Bitcoin. After asking such a question, he said another thing that do you know how much Bitcoin first came into the market and what is the current price of Bitcoin.

That is, everyone from a low-income person to a researcher is keeping track of the Bitcoin market, so there should be no doubt that Bitcoin is now a popular and discussed digital currency worldwide and its popularity and value will only increase gradually.

Bitcoin news has reached every country from both secret and public sides, so there is no point in us being patient just thinking about the Bitcoin price. The price of Bitcoin has increased by the maximum amount with the change in time, and the possibility of it increasing further in the future indicates a positive direction. But in this Bitcoin that we are discussing about Bitcoin investment, I will say again that we should pay maximum attention to buying Bitcoin. Because we are following the DCA method and investing in Bitcoin is the best initiative in any situation, but in this case, it is reasonable for you to buy deep to save more Bitcoin aggressively.
Because the more Bitcoin you buy, the more you will be ready to take yourself to the top of more success in the future. So in this case, we should definitely pay attention to Bitcoin investment and will be able to keep Bitcoin for a long time by investing in Bitcoin through the DCA method. But I say that you should continue your method until you are accumulating one Bitcoin according to your ability.

[Bd officer]

Over the last three years, Bitcoin’s price has increased far above what many people invested back then, most investors who bought Bitcoin about three years ago would now be holding at least x2 the value of their investment, not to mention the next 10 years to come, I believe Bitcoin could reach levels that many people can never imagine today. This is why we are confident that it’s still the right time to invest. Those who have yet to start holding Bitcoin should do so, because in the future they may regret not taking advantage of the opportunities available now.

Yes, of course those who invested in Bitcoin in 2022 and hold it till now see a lot of profit. The price of Bitcoin will increase a lot in the future, for example in the past no one could have imagined that the price of Bitcoin would ever be $100k, so slowly the popularity of Bitcoin will increase and the price of Bitcoin will increase more than expected in the future.

You will see that people who have not been able to invest in Bitcoin in the past are currently regretting it, so those who still do not have confidence in Bitcoin and will not invest, will also regret it in the future. Maybe some people may think Bitcoin is expensive and think they are late, actually if you plan long term you can invest anytime, it is not too late to invest in Bitcoin, we can say we are still in the early stages. So those who have not yet invested in Bitcoin, should invest thinking about the future.

[ruykeri]

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.

Waiting for a DIP is never a good sign. Many have waited for a dip but the price did not decrease as expected, so it seems that they could not invest at the right time. So they missed the opportunity to buy Bitcoin. For example, the price of Bitcoin was decreasing until yesterday. The price of Bitcoin was around 110k even two days ago. It had decreased a lot. At this time, many people might have thought that if the price fell below 100k, they would invest a lot more money in Bitcoin. But today, the price of Bitcoin is around 112k. And it has started increasing again. So instead of waiting for such a DIP, you should follow DCA and invest. Invest with discretionary income regularly and also build an emergency fund reserve fund. If you invest for a long time, such as 4 to 10 years, you will see that it is possible to get several times the profit. And if you are hoping for a dip, you may can’t  never invest. And even if you invest a lot of money at once, if you don't invest it in the right investment method, you won't be able to hold it for a long time. This increases the possibility of ultimate loss.

[Derekfunds]

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.

People who venture into Bitcoin with the mindset of getting rich quick are traders and initially I was thinking you are an investor before you started sounding like a trader at the ending of your post. Because as an investor when you invest in Bitcoin you don't have any business with analyzing whether the price of Bitcoin is increasing or decreasing because you are already investing with the mindset to hold for long term. You must not wait for Dip as an investor because the more you are waiting the more you are wasting time and missing out opportunities that you may not see again but rather what you should do as an investor with long term vision, as you are investing you should also prepare for the Dip at same time.

[Emjay24]

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.

When they are done fucking around with bitcoin and selling early, they come to regret their actions after a long while when bitcoin price increases very well as i see around both in the forum and social media where people regret selling too soon. One annoying thing is that some of them still do not learn from their mistakes and always rinses and repeats their actions.

There are two kinds of people that I know who regret their actions in bitcoin

• Those who remain speculators and watches bitcoin climb numerous milestones
• Those who actually bought and settled for short term gains

We can surely escape being in any of these categories by both being actionable and buying bitcoin as long as we have discretionary income present and settling for a long term holding plan

[DubemIfedigbo001]

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.

You must not wait for dips, in fact if you are a low coiner or no coiner, then waiting for dips is a big mistake and does not show seriousness in your accumulation journey, worst of it all if you've not bought your first bitcoin, then you are settling for being a speculator and allowing procrastination to decide your fate which does not end well most times since you may unintentionally introduce decision fatigue in yourself and would not later buy even in a dip. The best way is to jump right in and start accumulating bitcoin for yourself as long as you've discretionary income present.

Allowing the price movement to determine your buying bitcoin is a big distraction and a heavy display of a trader's mindset rather than an investors' at a time you should show more commitment and consistency to your accumulation of bitcoin.

DCA has presented us the opportunity to buy consistently through different entry points both high and low in order to smoothen the effect of volatility on our investment, and if you're so concerned about dips, you can continue buying while you build out a variance of fund dedicated to buying dip when it presents itself and not totally stalling your accumulation journey in a bid to target dips.

[Bluedrem]

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.

You need to gain more knowledge in investment. As you said, price declines are always good for them. This is not true at all. Yes, you can take the time of price decline as an opportunity to buy more. But if you keep on falling continuously, most investors lose confidence in the crop, resulting in a long-term decline in the crop. You may have meant that investing in Bitcoin is the best if its price falls, investors can buy more. Yes, if that is what you mean, then you are right. Since the crop invested would be Bitcoin, your statement may be correct. Because we have seen Bitcoin reach a price much lower than its ATH several times in the past, but it was never long-term. The more we have seen Bitcoin fall, the more Bitcoin's price has increased at least 10x. And if you consider the current time as a bad time for Bitcoin, then your opinion is wrong. The amount of value Bitcoin has lost now is just the extraordinary impact of the Bitcoin market correction. So don't be afraid at this moment. Take advantage of the opportunity. You may not get such an opportunity to buy again. So try to be as aggressive as possible.

[Obulis]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

I understand how you feel, investing in Bitcoin can be uncertain and also frustrating some times, mostly if the results don’t match as expected.  Bitcoin highly volatile, and success usually do not just depends on timing, but also on strategy, research, and patience.

It’s true that wise investment and good understanding of the market cycles has potential for profit. But long-term strategy has worked well for some people, and it is good to have realistic expectations and also great not putting in more than what you can afford.
Never you lose hope, be smart and careful.

[Obulis]

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.

I don't think it's a bad idea to encourage new people to invest in Bitcoin, take for example a friend who gained a certain financial success/bonus or what ever. Is it bad encouraging such friends or family to invest part of such benefits in Bitcoin? For sure not bad since this cash is already discretionary. You can ask what about friends without discretionary cash? Well as much as a friend or family has a steady income no matter how little, encouraging them to invest in Bitcoin does not seem bad even, since some strategies can make that possible...like DCA and more importantly a long-term holding.

Encouraging some one to invest in Bitcoin is not in any way forcing them. Now come to think of it, what if a friend feels bad that you withheld such information from them?
Encouraging a newbie into Bitcoin can't be a matter of few days, it has to be a certain long term so that they begin to decide for themselves as they keep learning and patience actively.

More beautiful when someone comes on their own to seek information, along the line u will even see that they might need some kind of encouragement which you should gladly give. Off course Bitcoin’s volatility is a paramount part of the info and more reasons why long-term investment is cool for newbie.

[Bigjoe33]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain.

Sincerely, it's a sad feeling and experience, feel your pains. But then again, let me ask these questions?
Was there a set plan or target, I mean years for accumulation? What strategy was used for accumulation, was is the DCA strategy or which? Did you accumulate using your discretionary income or what?

Bitcoin accumulation can be so demanding and knowledge seeking. There could be different ways and strategies to be used while investing in Bitcoin. You might fail in your journey if you use a bit not reliable strategy. From studies and research, the DCA strategy which allows an investor accumulate Bitcoin in little fragments weekly or monthly using your discretionary income has proven reliable and also suitable for Bitcoin investment. This has been possible because you don't have to invest in Bitcoin with all your savings or Income. You only invest with the little you can using your discretionary. This allows you to avoid panicking or invest under pressure.

Your discretionary income is the income left with you after sorting out basic necessities or expenses that will be needed. After taking care of all these needs, you can now use the DCA strategy to accumulate Bitcoin with the discretionary income. At this point, you are sure to invest in likely a peaceful manner because there will be no pressure from basic needs because you have sorted all that out already. Secondly, when the price of Bitcoin DIPS, you wouldn't Panic to sell. Also put in mind that long term investment is the GOAL! If you hold Bitcoin for long, let's say 4-10 years or above, Dips time wouldn't be a problem because it already past of your initial plan to hold for long, and again, you understand that fluctuation is the nature of Bitcoin, and over the years, have always risen above that level after dips. So with all this knowledge and everything planed out and follow, am sure you wouldn't have a bad investment journey. Am sure you are not giving up? Goodluck on your next investment journey.

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.

When they are done fucking around with bitcoin and selling early, they come to regret their actions after a long while when bitcoin price increases very well

There are two kinds of people that I know who regret their actions in bitcoin

• Those who remain speculators and watches bitcoin climb numerous milestones
• Those who actually bought and settled for short term gains

That's why research and gathering of knowledge is generally important in whatever we intend doing. A business coming into a new line of business must first make proper research, ask questions and get answers to know the right thing to be done to avoid great loss or immediate breakdown. Overtime, it has been opined that long time investment has been the best and has proven reliable both for newbies of already existing investors. Accumulate and Hold, simple! And you know that for you to hold for long without pressure, the DCA strategy must be employed using your discretionary income. This allows investment moves smoothly and with ease without pressure.

Discipline and patience should be worn like clothes while accumulating. I feel short time is never the real deal for real income in nearest future. Buy and Hold!

[sotelorene]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

I understand how you feel, investing in Bitcoin can be uncertain and also frustrating some times, mostly if the results don’t match as expected.  Bitcoin highly volatile, and success usually do not just depends on timing, but also on strategy, research, and patience.

It’s true that wise investment and good understanding of the market cycles has potential for profit. But long-term strategy has worked well for some people, and it is good to have realistic expectations and also great not putting in more than what you can afford.
Never you lose hope, be smart and careful.

You are wrong, investing in Bitcoin is not frustrating unless you are not doing the right thing at the right time but if you are doing it, everything will go smoothly and secondly what you need in Bitcoin to start investing is basic knowledge, strategy that will be convenient for you, long term mindset etc but I don't think you need any research as an investor after you already have the above mentioned I think people that need the word research most are traders, because they always stressing and wasting there time to figure out what direction Bitcoin will go.

[JayJuanGee]

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.

In the last 3-ish years, the strategy of buying consistently (such as weekly) and buying as much as you can as early as you can has ended up being a really good strategy. 

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.

If anyone is brand new to bitcoin, they may well not benefit from waiting for dips.

And, surely this is not a thread about shitcoins, so hopefully guys are not distracted about having some value in investing into shitcoins. That would be dumb.

[Miramax12]

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.

Market dips are always scary for some, but honestly, that’s where the smart moves happen. Bitcoin’s volatility is just part of the game instead of panicking, it is a prime chance to buy more at a discount. I have seen so many excuses floating around, but at the end of the day, those who keep buying during downturns usually come out ahead. Holding steady and thinking long-term is the way to go.

[Miramax12]

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.

In the last 3-ish years, the strategy of buying consistently (such as weekly) and buying as much as you can as early as you can has ended up being a really good strategy. 

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.

If anyone is brand new to bitcoin, they may well not benefit from waiting for dips.

And, surely this is not a thread about shitcoins, so hopefully guys are not distracted about having some value in investing into shitcoins. That would be dumb.

A lot of people getting into Bitcoin, when I first started, I was definitely fed up swings and felt that panic when things dropped. It took me a while to realize that this is not a sprint, but more of a marathon. The key, like you said, is understanding why Bitcoin is different and having patience.I also like your point about newbies being curious to see quick results rather than learning the basic first. That mindset can lead to rash decisions. But truly, sometimes entry in early even without perfect thinking can be a valuable learning experience, as long as you are prepared to keep learning along the way.

[JayJuanGee]

[edited out]

A lot of people getting into Bitcoin, when I first started, I was definitely fed up swings and felt that panic when things dropped. It took me a while to realize that this is not a sprint, but more of a marathon. The key, like you said, is understanding why Bitcoin is different and having patience.I also like your point about newbies being curious to see quick results rather than learning the basic first. That mindset can lead to rash decisions. But truly, sometimes entry in early even without perfect thinking can be a valuable learning experience, as long as you are prepared to keep learning along the way.

People learn things in varying orders, yet I presume that most adults are going to have enough basic knowledge to start, which is to be able to calculate approximately the extent to which their income is greater than their expenses - which means how much money do they have left.  If they are able to calculate that they have more income than expenses, then they can get started investing in bitcoin, and the various other matters (that likely relate to their personal factors) they can learn as they go.   

The don't need to know much of anything before getting started, yet of course, their ability to be successful or to help bitcoin to help them will likely depend on their abilities to identify various important aspects of bitcoin and to get bitcoin to work to their advantage with something like a 4-10 year or longer investment timeline. and sure perhaps a life long investment timeline... yet they hardly need to establish any of their parameters at the time that they get started, even though to get started, they likely have to figure out from where they are going to start to source their coins, whether it is $100 per week, $10 per week or some other amount that works for their budget situation. If anyone identifies some issue within themselves that contributes to their not being able to get started right away, then that is up to them to figure out the extent to which they might have matters that need to be worked out prior to starting or whether those matters can be worked on while they are in the process of investing their $100 per week or whatever might be their starting out amounts.

[Joeboy]

[Edited out]
Yes, it is certainly true that dips are always good in investment.

Next time try and be more explanatory, coz your statement is very very misleading for  beginners. Though I get what you are trying to say, but I may not say the same for someone just starting with Bitcoin. The reality is that dips can look  very inviting and attractive, but a beginner who hears "dips are always good in investment" may end up waiting forever for the perfect entry point....... It is often wiser to consistently stack up your Bitcoin portfolio using (DCA) irrespective of the condition of the market. That way, you won't be stucked trying to perfectly time the market.

[Edited out]
Because when you invest, you must analyze whether the price is increasing or decreasing,

Stop mixing up Bitcoin trading with with Bitcoin investment....... Your statement is the mentality of short-term traders. When beginners starts investing in Bitcoin and put all their focus on price analysis, they may eventually panic and sell, especially during a bear season.......But for an investor who actually wants to build his/her wealth, the better approach is to steadily accumulate Bitcoin without worrying too much about the price movement.

[Alonso_]

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.

I must say there is nothing wrong with encouraging your friend to invest in bitcoin and maybe someone seek some advice from you about bitcoin, there is nothing wrong in telling them, as long as you’re telling to invest you will also be telling team what Bitcoin is all about and also teaching them the little details of the risk involved in bitcoin, as much as we know that bitcoin is risky, doesn’t mean that we shouldn’t invest in bitcoin that is why it is more good that we invest and hodl for a long term, because bitcoin is a volatile assets and when we tend to have a bear season we would also have a increase season, in bitcoin when it comes down it will also go back up that is one theory you should also tell people so we don’t panick, because when I first learnt about bitcoin I was told all of this things and I was never scared, we can only motivate and encourage ourselves. Right now I would always choose investing through the DCA because I’m only dealing with a little discretionary income, that would be more comfortable for me to keep accumulating through DCA. I would always prefer investing in Bitcoin instead of keep money in the bank which is totally a bad idea, keeping money in bank for 5yrs would be nothing for me, but Bitcoin I would stand more opportunity for a ROI, which is why I will always choose investing in Bitcoin.

[Nightwatchmare]

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.

I used to think it is wrong to tell someone about bitcoin because of the volatile nature of bitcoin, but after i told my senior brother about bitcoin and the immunity he would get from Bitcoin, he was so interested to know more about bitcoin. A few months ago, he started his bitcoin investment with DCA strategy. I am happy someone knows about Bitcoin through me, and the person happens to be my brother. There's no wrong to tell someone about Bitcoin because Bitcoin serves as a medium of exchange, and the person can use it to send money seamlessly to his relatives anywhere in the world. It is only when your force someone to invest in Bitcoin you should be worried because you will be responsible if anything happen to the Bitcon investment.