Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
I_Anime
on 30/03/2024, 07:04:13 UTC
⭐ Merited by JayJuanGee (1)
I was not even really suggesting any kind of withdrawal even under those kinds of circumstances that were described in which the BTC price could double from here and then double again, and then those kinds of dynamics should be considered.. even though for sure a guy with even 2-3 years of value in BTC does not really seem to be in a position of withdrawing, but he may well be in a position in which he might been some needs to reallocate an to diversify out, whether it is bolstering his emergency fund and/or his float or diversifying into some other assets - and I surely am not referring to shitcoins or even locking up large amounts of value.. and yeah, there are guys who are in places in which it is nearly impossible to invest into anything besides bitcoin and shitcoins, so those are choices that guys would be faced with
well at first I will say thanks for the clarifications it was helpful alot . Done diversifying his money in shitcoins is like saying he don't want that money again (is not important) because at the shitcoins will only get you reckt. If I have gotten to such point  of diversifying , I would try and Diversify my money on other projects outside cryptocurrencies because have already have Bitcoin so what else , I will probably diversify my money in some project  can easy minimise or manage the risk like real estate, and some others worth Considering.

Trading does seem to be worse.. and yeah, if you are able to figure out some consistent system to focus on BTC accumulation, then you likely will be good.. .. .. even though like jossiel mentioned there can be quite a few psychological challenges to go through real BIG price swings, yet we cannot even really know how much of a price correction is going to happen or how long it is going to last until after it has happened, so there are a lot of guys who end up selling too much too soon and they are never really able to figure out when to buy back. when they likely would have been better to just keep buying regularly because at least that way they can see the number of their sats increasing, even though the value per sat might be fluctuating a lot along the way, too.
you are right the best is just for one to be consistent and persistent with his Bitcoin accumulating. One thing have learned since being in this thread is there's no reason to fear or panic whenever there's some dip or decrease in price due price fluctuations and all that as long have been consistent with accumulating I would be doing my self some big favour. Because have already see such price movements as an opportunity to stack more Bitcoin in your portfolio.


It is not guaranteed but surely we have quite a bit of evidence in place that bitcoin is going to continue to have a lot more UPside movements, so this is a good place to be, yet you still have to figure out your position size and your balancing of you position size with real world concerns.. so that you will have enough fiat during times in which you need it.[ /Quote] that's true there's no guarantees, but we all believe that Bitcoin would keep on with the upside movements, though they might be alot of corrections and price fluctuations on the way. And I believe most people would doubted this back then , during the past years but now look at Bitcoin kept growing.


quote author=JayJuanGee link=topic=5132720.msg63876518#msg63876518 date=1711759782]
No problem.. one of the best teachers is your own practices and your application and your coming back to help other guys. .. we are going to continue to get newbies, and even though you might be feeling like a newbie, at some point you are going to be having to teach the newbies who are coming here.. .. including figuring out ways to deal with the traders and the shitcoiners... who might not always be completely wrong.. but on this forum,  there are other threads for that, too... yet they are still going to be coming into threads like this and also into some of the other bitcoin threads and either pumping shitcoins or trying to get you to sell your coins earlier than is probably for your own good... and likely many of us will also question our own practices.. because even if we are continuing to build our sats, we sometimes will consider if we might need to make some adjustments to get some more sats.. or more bang for the buck, which is part of the dilemma presented in this thread, even though many guys have considered DCA to be the best, buying the dip (or even lump summing) sometimes will get us more sats.. it is just quite difficult figure out when the dip is going to be, how far it will go or how long it is going to last
thanks, your are so right alot of folks at there are being mislead due to not having proper knowledge concerning Bitcoin and this all Space.  By some individuals who claim they know too much but they don't. So it is the duty of those who truly understand how things work here, to lead those who are ready to invest to the right part , so that they won't endup investing in some project that would get them reckt ( like shitcoins) . And also help them in a way to secure a proper investment ( bitcoin).