Quote from: Wind_FURY on Today at 11:45:07 AM

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I have some questions.

Why is Bitcoin going through mini-crashes, then they're followed by mini-surges? Who's selling large amounts of coins below $60,000, and who buys them back/places price back over $60,000?

Will the market actually give everyone another opportunity to see Bitcoin go below its 200-Weekly SMA again? The last time proved to be a very good buying opportunity.

I had been proposing bets that the spot price would not go below 20% above the 200WMA until after 2025, yet surely we have been getting pretty close to those numbers in recent times.

It seems pretty short sighted to be selling at these prices, yet we know that prices move because people have differing opinions about fair market prices, and some people end up being wrong, yet we don't know who was wrong until later down the road.

Surely all of us who are buying or holding onto our BTC hope that we are on the correct side of matters, yet there are no guarantees, even though historically the buyers and holders have been disproportionately more correct than those who had failed/refused to take a sufficient/adequate bitcoin position. Bitcoin's investment thesis does not seem any weaker, and there seem to be a lot of ways that its investment thesis is way stronger than it had been historically, even if the upside potential (in terms of percentage moves) is not as great as it had been in earlier times.

Quote from: SuperBitMan on Today at 01:45:00 PM

There's no best time to accumulate Bitcoin as long as you have the knowledge about Bitcoin and how to invest you can start, there's no best time in Bitcoin accumulation.

The best time to accumulate bitcoin was yesterday, and since you cannot go back in time, the second best time to accumulate bitcoin is today.

So, get started, if you have not yet gotten started (not referring to you specifically SuperBitMan).

Quote from: Justbillywitt on Today at 02:32:08 PM

It also depends on when an investor started his accumulation journey, those who started late will tend to buy more aggressively too when such opportunity comes up, in order to meet up with some reasonable amount of bitcoin stash in their portfolio.

It is probably a bit of a fallacy to think that you need to employ different strategies based on a perception of being late to bitcoin. Sure, you can realize your mistakes and choose to be more aggressive in your bitcoin accumulation than what you would have otherwise had done, yet at the same time, you still need to work within the parameters of where you are at rather than where you wished you would have had been.

Let's say that 4 years ago (mid-2020-ish), someone found out about bitcoin, and they had an investment portfolio of $100k, so they knew that if they had been smart at the time, they would have had invested 10% ($10k-$12k) and it might have had taken them 1 year to establish their 10%-ish position. .. So if they go back and the calculate their amounts, they see that $230 per week from June 2020 for one year would have gotten them to nearly 0.7 BTC with only right around $12k invested.

Since they did not take such action, they are now thinking that they have to make up for their failure/refusal to adequately accumulate BTC. How are they going to accomplish such additional aggressiveness in their BTC accumulation strategy without overdoing it? They can still invest $230 per week and they can even carry out their DCAing for more than a whole year.. so if they are trying to get up to 0.7 BTC or maybe they are trying to get up to a whole BTC since they can see that they could have had 0.7 BTC with merely a years worth of aggressive accumulation between mid 2020 and mid 2021, but maybe they feel that they have to accumulate more? I doubt that being more aggressive on the dips would be an appropriate solution - since if they are holding back money to buy on the dips, then that likely means that they are not being as aggressive as they can with their DCA amounts... Sure there might be a formula that allows aggressiveness in regards to both, yet I still will assert that there are trade offs if you are suggesting the solution is to be more aggressive on the dips, then you are choosing to be less aggressive with your DCAs.

Even if we go by your forum registration date, and maybe we even presume that you had gotten started accumulating bitcoin for the past year (a little prior to your forum registration date), we would see that with the same $230 per week, by now you would have had accumulated close to 0.28 BTC, so you would still be nearly 0.42 BTC short of reaching 0.7 BTC and still 0.72 BTC away from becoming a whole coiner. So, the extent to which you consider that letting off of the aggressiveness of your regular DCA and/or holding some of that money for buying the dip would be personal choices that might not end up making much of a difference in terms of causing you to accumulate more BTC than you would by pursuing a more strict and perhaps somewhat aggressive DCA strategy. The ways that you change your aggressiveness can have tradeoffs that may or may not make a lot of sense, even though surely there can be ways that you might feel psychologically better with some strategies as opposed to other strategies, even if the difference between such strategies might not be very much materially different from one another.. since at the time that we do any action (to buy BTC or whatever), we have no real idea which way the BTC price is going to go, even though after the fact we can look back and say, I should have done this or that or another thing.. which seems to be a bit of a problematic way of assessing what realistically you should have done (and/or would have done).