Quote from: Roseline492 on January 24, 2024, 03:38:12 PM

Quote from: 348Judah on January 24, 2024, 02:11:08 PM

We have an exception to if we are interested in going all in at once with our investment, this could be only possible when we make the necessary research on the previous performances of the market and the coin we are having in mind, then compare the past to the present and if you could speculate something out of it, whereby it's profitable to buy the dip and invest when the market is extremely bearish, in this situation, you can go all in at once and invest, but never make a mistake of investing on anything else aside bitcoin.

Perhaps to be more in a saver side it will be of a great importance to have another separate funds rather than having only one strategy for buying the dip when we know how Bitcoin price movement behave at times and the possibility of falling drastically after moving uptrend is not certain so the best way to take advantage of any opportunities presented by the Bitcoin price is keeping some of your funds on DCA which will allow you to keep accumulating without thinking about if the Bitcoin price is high or not and before you realize you have already accumulated a lot of Bitcoin and the price of Bitcoin may still not be able to get to your targeted point to buy the dip , so perhaps even if you were not able to buy the dip since the price did not give you the opportunity perhaps your DCA has already cover you up.

When it comes to investing, if you are always just waiting for the opportunity, then sometimes you have to make the opportunity your own. We always notice price changes but these changes are only at the will of an investor but we should not worry at all. It is understood by all that the lower the purchase, the higher the chance of profit, but always the market will not only go lower.

Bitcoin is one of the most popular currencies and it has the highest value and popularity compared to other coins, so it is natural to invest in this coin usually at a higher price. If we are always waiting for the price to drop so much then when will we invest.
When it comes to long-term investment in Bitcoin, investing at every level of value is the right decision for the investor.

DCA method is discussed so that investors can invest at every level of value and DCA method is considered as a very effective method for investing. If the investor is serious about investing then he can invest in Bitcoin through DCA method besides forming a reserve fund. Reserve fund can be used by the investor at the time when the investor does not have money to invest. If there is a reserve fund, the investment will be stronger and the investment can be continued with certainty and consistency.

Quote from: boyptc on January 24, 2024, 09:10:18 PM

Quote from: Odohu on January 24, 2024, 08:15:07 PM

Like many people have already said, investment fund should be separated from funds for basic needs thereafter emergency funds should also be kept for optimal management of the investment portfolio. This way there will be no pressures to sell even if the price drop because there is the confidence that Bitcoin will always recover with time.

I agree.

Because what happens when your entire investment like if you're holding Bitcoin is your entire wealth, there is a big tendency that you will be forced to sell it at a time that you're not willing to sell but you have to.

That's why when we invest, make sure that we've got funds as well like emergency funds or extra funds that will be touched and protect our assets like in Bitcoin if unforeseen times comes.

You are advised to invest as much as you can to avoid having to sell your investment unexpectedly or against your will. You can save some money along with the investment thinking that it might be necessary so that if you need extra money you don't have to sell your investment but you can use your savings to meet that need. After investing, forget that you have this amount of money because whenever you think that I have an investment that will support me in case of danger, you will never be able to hold your investment for a long time. If you invest less then no one will tell you why you invested less so divide the remaining money into two parts one part you invest and another part you save. If you invest in this way, I believe you will be able to keep the investment as per your plan and if there is an additional demand for money, you will be able to meet that demand from your savings.

Quote from: Fiasem20 on January 24, 2024, 10:58:23 PM

Quote from: adultcrypto on January 24, 2024, 04:06:31 PM

Quote from: 348Judah on January 24, 2024, 02:11:08 PM

We have an exception to if we are interested in going all in at once with our investment, this could be only possible when we make the necessary research on the previous performances of the market and the coin we are having in mind, then compare the past to the present and if you could speculate something out of it, whereby it's profitable to buy the dip and invest when the market is extremely bearish, in this situation, you can go all in at once and invest, but never make a mistake of investing on anything else aside bitcoin.

It is therefore mostly advised that when choosing a particular pattern of accumulating our bitcoin asset to hold, we should make use of a pattern that best serves our interest, using DCA or going in at once with the market when it is dip, buying and holding at the bear season is profitable enough provided that we can hold.

No amount of research you make on any coin should make you go all in because to hold you must follow the steps outlined in this thread we are following. Besides, our focus is on Bitcoin on not other coins. Even though we are discussing how to buy and hold Bitcoin, it is not wise to invest your entire money on Bitcoin. Here we encourage people to invest only amounts they can afford to hold for long and still have their peace, live their normal lives and even have some reserved funds.

Furthermore, the term "go all in" is popular among those inundated by hypes of shitcoin. They usually throw caution to the wind because they want to become rich overnight. After reading the beautifully exaggerated whitepapers and studying the seemingly roadmaps and price projections, they are usually convinced they are in for quick wealth. Most of them only find out that they have been fooled when it is already late.

Your 100% right bro.This forum has taught me so many things about hodling bitcoin for long term investment, including the DCA strategy to follow as an investor.Bitcoin is the best cyptrocurrency in terms of long term investment other than shitcoins,some investors that have the aim of making quick money invest on shitcoin and end up with regret,the reasons are
1.Shitcoin or memecoin has lot of report about scam cases.Many investors who invest on shitcoins end up being scammed by internet fraudsters.
2.Shitcoin aren't best for long term investment,so investor who invest their money on shitcoins bear the risk of loss because many shitcoin come into the cyptro space and are nowhere to be found.

Now is the best time for investors to buy the dip and hodl it with the expectation of the next bull run market when the price of bitcoin will be high.

Choosing the right coin is very important when it comes to long-term investment. Since planning is done for a long period of time, investing in any common coin for this long period of time has the potential of losing money, so it is not foolproof at all. Since there is Bitcoin to invest in, we don't need to look at any other coin. We should put our full trust and faith in Bitcoin as a long-term investment. By long-term investment, the coins that exist outside of Bitcoin may be fine for short-term investment or trading, but if you invest for a long-term purpose, it is definitely a good decision to invest in Bitcoin. The price of Bitcoin has come down to around $10,000. It is definitely a great opportunity for investors. Although one can always invest in Bitcoin in a long-term plan, since the price has come down a lot, investing with a relatively large amount of money at this time has a slightly higher chance of profit. Those who want to start investing can start investing now if they want and can gradually maintain their investment consistency as per DCA method.