Quote from: Samlucky O on Today at 05:49:49 AM

Quote from: Smilevictorobinna on May 12, 2024, 05:45:24 PM

No time is more better to start accumulating Bitcoin I'm always of the opinion that when ever you think you have the finance to invest on Bitcoin you do it without thinking of a good time because there's no good time in investing on Bitcoin.

Yea no time is more better to start accumulating bitcoin, a person might decide to start any time any day and year a person may start investment even when the market is down and become advantageous of the dip in price of bitcoin and accumulate more, compeard to some who bought previously when it was higher. Most investors are person are always afraid of the best time to invest without making mistakes but I believe they don't know that bitcoin does not have a beat time except for the previous time it was cheaper but they can still start up anytime depending on how they can afford to invest without investing aggressively. A person can start with $5-$10 DCA strategy and having a discretionary fund or floats to maintain the approach for long term of a minimum of 4- 10years and at most 20/30 above. since bitcoin is volatile, there is no point of being afraid because surely bitcoin will be profitable in the future.

Quote from: Smilevictorobinna on May 12, 2024, 05:45:24 PM

I will also like to say this Bitcoin investment is a long time investment and when going into it you should be prepared hodling it for long term even as a trader you need to hodl for long.

I think you are a little bit confused here, there is a different between a trader and a HODLer and Of course we are talking about HODLers since this thread is not talking about Trading which might be a bit misleeding. A trader does not HODl bitcoin for long rather they trade on daily basis to make profit and don't have the zeal to HODl or they lack patient to HODl for long. They sees HODLing bitcoin for long as a waste of time and not profitable so when next you want to speak about this you should be able to clearly differentiate between both.

Quote from: Smilevictorobinna on May 12, 2024, 05:45:24 PM

You can't compare those that has been hodling bitcoin for 10 years now without selling to those that sold out 6 years ago

That is true but surely it depends on time of buying and time of selling. a person that bought bitcoin ten year ago may have bought it when bitcoin price was so high and decide to sell it today when bitcoin is a little bit low, and may have lost compeard to a person who bought bitcoin at low price 6 years ago and decided to sell today when he feels it's right time for him to sell because surely his buy time was cheaper than sell time so a person who bought 6 years ago may be advantageous over a 10 years buyer so it varries or Morover it is vise versa.

Quote from: Smilevictorobinna on May 12, 2024, 05:45:24 PM

in other to make it big in Bitcoin you need to plan on hodling for long term even when you are accumulating keep accumulating till you feel you need to stop and just hodl.

Every investor have there time horizon either short or long term when they feel they have met their target of investing they will stop or reduce the rate of their investment. And start taking their profits gradually, but surely they must have disciplined themselves of always having a discretionary to be able to not sell their bitcoin HODLing why on the journey.

Yes no doubt about individual which is actually a great factor as every investor knows when he has satisfaction in the market and make decisions to take certain profit, but I would want to argue that know individual meet the desire of his investment at dip currently BTC is still going down unlike before it was about the $60 k it's as at today, for it's the best time to accumulate because selling or taking a profit now is not a good one no matter how the investor claim of meeting up his time frame of holding, I see most of this investor who rush to take or sell off their BTC as a result of FOMO and indicision problem course by emotional instability. Majority of this Force selling are been trigger by new investor who hardly understand how the system work because investor with deep knowledge sees dip a the greatest opportunity to accumulate as many they can why awaiting the due time of bull run.