Quote from: Olatundespo on Today at 02:20:47 AM

Quote from: Hewlet on February 28, 2024, 05:33:02 AM

Quote from: Obim34 on February 27, 2024, 09:45:14 PM

People neglect this fact of time wasted can not be recovered and missing the chances of buying from the DIP, may only amount to purchasing in a much higher price.

well, in this context of buying the DIP, Thier is nothing much about time wasted. Whatever time you decide to buy is actually a good time as long you're willing to wait long enough.

The world of Bitcoin, buying the dip is like catching a wave in the vast ocean of opportunity. Time isn't wasted; it's woven into the fabric of your journey. Whether you plunge in during a market frenzy or calmly wait for the perfect moment, each decision is a stroke of your own unique canvas. Like a patient gardener tending to seeds, your investment takes root, unfurling its potential over time. The magic lies not in the ticking clock but in your unwavering belief and willingness to nurture your investment until it blooms into something magnificent. So, in the grand symphony of Bitcoin, the timing matters less than the melody of your steadfast resolve.

Now at $62k and sooner $100k, Bitcoin may seem like a distant celestial body, its brilliance tempting yet its distance daunting. But as you embark on your journey, fueled by patience and foresight, you recognize the boundless potential that lies ahead. With each passing orbit, Bitcoin's gravitational pull strengthens, drawing in more cosmic travelers and propelling its value ever higher.

Mate what are your even pointing at, you didn't have to make it so obvious your using AI to craft your response, I get your new here but you should try to learn and understand what we are talking about in this discussion than to use AI to create post.

The thread is all about buying the dip and holding of bitcoin, we talk about the different strategies that we use in accumulating bitcoin and we have settled that DCA the dollar cost averaging is the best strategy. Since your new here you might want to understand how it works, it involves splitting your capital into equal parts and buying at intervals, this could also come from your income where you just have to allocate a little percentage of your disposable income to buying bitcoin weekly or monthly however you okay with and we have finalized that a 25 -20 minimum is a good start to invest in bitcoin and this could even be as little as 10$ or up to 1000$ depending on your income.

We are all for the hold and the plan is to hold as long as 4 years on a minimum for our first stage , this stage is all about accumulating bitcoin, in this stage we avoid all kinds of withdrawal or trading practices that involves buying and selling our bitcoin, this has a negative effect on us cause things can go wrong and we find ourselves losing if the volatile market hits us.

Now to hold effectively we must make sure to build our emergency funds in case emergency happens that can make us sell our bitcoin earlier than we planned to, the emergency funds has to be up to 3 months or 6bmonths of savings and should measure at least to your total investment in bitcoin or lesser.
Then we have the reserves that we use for special cases like buying on dips and any opportunity that comes our way, to make the best of our money, and floats which are our spendables which could be our expense money and it could be used to buy bitcoin only if you can find a way to chunck down your expense.

It's not rocket science all you had to do was read and ask questions and you would have no need using AI to generate response when you would have tried to learn something first.