Quote from: Ziskinberg on September 26, 2024, 03:11:55 PM

Quote from: uswa56 on September 26, 2024, 02:05:43 PM

To be able to take advantage of the downturn will indeed depend on one's financial condition and it is very unlikely that those who have enough income for their needs invest their money in Bitcoin because they have to take it immediately when they need it while the asset takes a long time to be able to wait for profits then it is very important to have funds that can be held in the long term when wanting to decide taking advantage of the declining condition.

There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

Buying bitcoin when its dip is an additional opportunity to accumulate more or its otherwise known as 1 out of the 3 strategy of accumulation but doesn't make it the best. If it is the best then what if you wait forever and bitcoin doesn't dip for you to buy as much as you want? Surely it becomes a doom. The point is that we can take advantage of buying the dip in price of bitcoin as an additional opportunity but not the best. To get a good result, you must be able to combine the 3 various strategy to yield a good result. And you must have a regular discretion fund to buy at any given time to buy maybe weekly or monthly, buying at each dip and of course buying once at ago (lump sum).

Quote from: Shadiq on Today at 11:25:18 AM

Quote from: Zackz5000 on Today at 08:55:36 AM

Quote from: Ziskinberg on September 26, 2024, 03:11:55 PM

There's a saying: "If there's a will, there's a way; if not, there are many excuses." Ever heard of that?

The thing is, if you see an opportunity to invest, you’ll find a way to make it happen. And did you know that when the market is down, that's actually the best time to accumulate? They say that during a bear market, the weak hands will panic. Are we weak hands? Definitely not...

It is true that the best time to accumulate Bitcoin is when the market is dip because it gives an investor more opportunities of accumulating enough Bitcoin, but for Bitcoin proper investment we should not only rely on the market dip before accumulating Bitcoin but how much funds we have to accumulate Bitcoin because it is the amount of Bitcoin an investor has and how long he continues to hodl that will determine how much profit an investor will have. So the best thing is to accumulate at all time as long the money is readily available and hodl either with the DCA strategy of accumulating Bitcoin, the dip should only be an opportunity or added advantage for an investor to accumulate more Bitcoin and HODL.

Your statement is quite vague. But it sounds like you sound like a bit of a trader.

Investor's investment does not depend on profit. "How long he continues will determine how much profit an investor will make" I would disagree with this phrase. The objective of investing in Bitcoin is of course to make a profit. Duration of investment is not based on profit, it totally depends on an investor's goals. I think the investment period should be more than 4/5 years. There is no best time to deposit bitcoins, you can say the profitable time to deposit bitcoins is when bitcoins dip. At that time you get the chance to buy cheap bitcoins which gives you the opportunity to earn more profit. It's always the best time to buy Bitcoin. Consider the dip time to gain more profit. But one should never wait for the dip time. If you keep buying regularly, you may buy more during dips.

I even think you are the one who is following the wrong part or permit me to say your explanation is misleading. I think @zackzs5000 is the one who is correct. I don't see his statement in anyway close to trading rather he was saying in anticipation of what @Ziskinberg said. And I find zack5000 explanation to be true. and I see that your explanation is in line with Ziskinberg I think bother of you are wrong.
@Shadiq and @Ziskinberg