Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 01/07/2023, 13:59:27 UTC
⭐ Merited by Inwestour (1)
Indeed, in the last 10 years we have seen many big impacts that have prevented Bitcoin from moving forward, both from the government or the Fud, where they developed a neater strategy to bring down the price of Bitcoin. But also in the last 10 years we have seen that Bitcoin is too strong and is able to return significant price strength year after year. Therefore we are not too worried about strange things and we will always be ready to take advantage of this opportunity to buy Bitcoin within the capabilities of our budget. Well one other thing there is no aggressive plan for us in accumulating Bitcoin because the budget must be adjusted according to the level of needs in daily life and the level of the budget that must be used to invest.

I have been investing in bitcoin for a bit more than 9.5 years, and it seems to me that bitcoin is performing in a way that is better than I anticipated at the time that I came into bitcoin, given all world events and all that was attempted to be speculated at the time that I got into bitcoin.   Sure, I was somewhat aware of a variety of discussions of various upside scenarios for bitcoin, even trajectories for million dollar bitcoin "someday."  Nonetheless, it seems hard to really argue that bitcoin has not already been successful and continues to be successful, rather than suggesting that it could have had been even more successful than it has been - since it has supposedly been held down.  I would imagine that any of us getting into bitcoin around 10 years ago, would have expected that there might have had been some battles along the way, and overall it seems that bitcoin has fared pretty damned well in the whole scheme of things - maybe even better than a lot of less good or even bearish scenarios that could have had played out - instead of what has already happened, which is quite amazing if you really attempt to think about it from the perspective of someone who might have had been getting in 10 years ago.. rather than whining that bitcoin could have done better than it already has done... What do you expect?  straight up to $1 million from zero (or $100) without a few battles along the way?

In regards, to its future performance, it seems that the investment thesis for bitcoin gets stronger with the passage of time, rather than weaker - even if there is likely to be less upside (as compared with the last 10 years).. but even if there is less upside, the solidness or strength of any investment should be considered in terms of both its upside and its downside, which continues to suggest bitcoin is amongst the best of current investments that anyone can make (is available to anyone with lesser barriers to entrance in comparison to other kinds of investment possibilities -  and sure there are some learning investment barriers that anyone will have to try to figure out in terms of their own personal circumstances).

Current Bitcoin price on $30,400 and seems its lower or dip price from bitcoin left 2023 before halving time? I am still confused for investing in bitcoin right now or waiting with another dip come because last several days looks Bitcoin can stable price. Not easy for analyzing when bitcoin price dip for holding until raise to higher price, many outside factor can make bitcoin suddenly up and down make us worth for scalping buy the dip then hold and sell later when price up.

This is a dilemma that each person has, and it seems to me that if you don't have enough bitcoin, then you have to keep stacking and you need to combine DCA, buying on dips and lump sum to the best of your abilities in accordance with your own circumstances which are considering your cashflow, how much bitcoin you have already accumulated, your other investments (including cash reserves), your view of bitcoin as compared with other investments, timeline, risk tolerance, and your time, skills, goals (investment/lifestyle targets, which includes figuring out the extent that you are in BTC accumulation, maintenance or liquidation stage) and your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

No one can tell you how to figure out each of your circumstances, including what are the likelihoods that the BTC price might dip or maybe we will never see lower prices ever again.. it is difficult to know, but it is still possible to be prepared for either (and both at the same time) scenario.

Possibility or not for Bitcoin return back below $30,000 due halving time almost close, I don't have ideas what have to do right now between reinvesting or sell and buy back later when bitcoin has chance back to lower price.

We are not talking about selling BTC in order to accumulate in this thread, and if your goal is to accumulate BTC, it is generally not a good idea to sell BTC in order to attempt to buy back lower.  If you are trying to accumulate BTC the better of strategies are to ongoingly buy it in various ways until you reach certain targets of high accumulation, profits and perhaps even having your shit together in regards to a variety of ways that you have value stored in a variety of places (I am not referring to having value in shitcoins)...

If you want to talk about fucking around with selling BTC to buy back lower (as if that were a good strategy.. I have my doubts), then take that nonsense somewhere else.. I know a lot of people engage in such gambling dumbness as if they were investing (and building wealth), but that's not what we are talking about in this thread.