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The best time to do it was always in the past and not in the present. However, we cannot go back in time and so we have to deal with the present and before another regret comes, do it presently so that not another opportunity will be missed.

The key to investing is to start early, so if someone has the opportunity to invest now, then he should invest now. There is no need to buy in large amounts, with accumulation or DCA one can build their investment portfolio slowly while setting goals for how long they hold it.

Because if someone delays investing now, then they might miss the opportunity to get bitcoin at a cheaper price and the opportunity to get potential profits more quickly. If you are still in doubt, do accumulation or DCA, because it is the most appropriate method for people who want to start but are still learning.

You're right.

Those that sees the buying time while they can has to act on it now. Because if they don't, they're wasting the opportunity and soon they'd see how the price for Bitcoin will be more than it is compared to the time that they're seeing it quite lower.

Quote from: JayJuanGee on July 25, 2024, 07:05:21 AM

Each of us has the ability to set up strong cashflow management practices that allow us to strengthen our emotional reactions, so the better kinds of cashflow management practices that we have that are balanced with our bitcoin investment strategy, whether DCA, buying dips and/or lump sum, then the more likely that we will keep our emotions in check.. and yeah, it might take a while to build the skills, practices and application, so the newbies might have more tendencies to want to panic while they are still building, so they should be attempting to build and buttress their systems to lessen the likelihood that they will panic because either they are continuing to buy or they are holding or they are doing some kind of a practice that helps them to couple some of their actions in with their beliefs in bitcoin being a good place to put some of their extra money and if they don't have extra money, they might have to hold from time to time until they are able to generate some extra money to buy more... especially if they are in their accumulation stages, then the main thing is just buying regularly but also having some reserve funds so there is not any kind of sense of panic that sets in merely because the BTC price moves a lot in one direction or another.

I agree, the importance of having a reserve fund while continually buying Bitcoin should be considered not just by the newbies but all of us.

As we invest in Bitcoin, it should play the purpose of why we've bought it and we don't have to pull it asap when we're in need. That's the reason why we need to have extra funds or just invest extra to Bitcoin.

So, in unexpected times that we need to have some money, we're not going to spend our holdings for it and at the same time when dip comes, no one will panic.

I agree,Bitcoin is number one in coin table for its high speed price.All of us who are involved with cryptocurrencies know that there are many other coins in the market besides Bitcoin,all of which are much cheaper than the price of Bitcoin.We know that while Bitcoin is popular for soaring prices,the amount of risk in Bitcoin is high.

Even though there are thousands of coins in the market, we invest in Bitcoin, despite the risk because we know that Bitcoin will grow more in the future than its current price.

An investor must understand why I am investing in Bitcoin, what is my purpose,if I understand all these things well, an investor will never be disappointed when the price of Bitcoin falls in the market,and will show interest in investing more in Bitcoin and should encourage others to invest.

Some newbies without proper knowledge of Bitcoin always have this fear when there's a dip in Bitcoin but going through the history of Bitcoin growth will help them Break free from such fear, some people also fear when there's a dip in Bitcoin because they have already inculcated this we are in them that Bitcoin will one day fall and never rise again so when ever there's a dip they fear of it not rising again.
No one knows what the future holds for Bitcoin and that is why it is advised to always use ones Discretionary income in Bitcoin investment if any negative thing happens in the future in Bitcoin people that will be more affected are those who are not using there discretionary income to invest no one is praying for anything negative but let's all be guarded.

You are wrong; no bitcoin investor who is accumulating bitcoin for long-term purposes and understands bitcoin will get scared anytime there's a dip; rather, the investor will see the bitcoin dip as an opportunity to accumulate more stash at a low price. If you see old bitcoin investors who are scared anytime there's a bitcoin dip, just know that those investors invest in bitcoin for the short-term profit, and they are scared anytime a bitcoin dip happens because it will delay them in taking their short-term profit from their bitcoin investment. We should always have a long-term mindset anytime we are investing in bitcoin so that anytime there's a dip, we will not panic but see it as an opportunity to increase the size of bitcoin.

Lol unfortunately we humans
No matter how we trust in a thing we still get scared sometimes
Like when is it going to stop?
How much is it falling?
Even Christians do get scared despite their faiths in Christ.
So getting scared sometimes as an investor doesn't make you short term or a trader it means you human.
Now when you do sell because of the scare then we can say they in it for the short term.

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I doubt if people are/is actually loosing hope in Bitcoin because of it current movement

I won't say losing hope per se but more like dissapointed that it could do better than this
But oh well the disappointment is just fleeting.