Quote from: Samlucky O on Today at 02:22:05 AM

Quote from: JayJuanGee on Today at 12:22:59 AM

Quote from: tiCeR on October 23, 2024, 04:16:12 AM

To me it looks as if we are going back and forth for the time being and I would usually deem this time to be perfect to get into the DCA process. When you have an asset that has more upside than downside potential and it goes sideways for a while, then that's the time to make the right call and build your position with whatever disposable means you have available either in intervals or as a lump sum.

I am saying that we are going sideways because this up and down of a few thousand dollars never meant a lot in bitcoin. Google searches are relatively low but stable and so are the long-/short ratios on coinglass.com. By the way, these metrics don't mean that it couldn't blow up in the next few hours and go to $100k. What I am saying is that this rather represents a true opportunity than a gamble.

I don't disagree with anything that you are saying, yet from what perspective are you speaking? Have you already accumulated enough BTC or are you still accumulating BTC?

I guess he is just explaining or sudjesting. maybe he's inbetween buying to HODl or has already bought. who knows.? No matter the case, it is Good people take accumulation process seriously to avoid being Left out, because surely a time will come in the future when today will be remembered then people will understand the difference between "before" and " after"
like Laszlo who never knew bitcoin could be worth this amount today. if he knew a day like this would come, he would have HODl his bitcoin and never would be have traded 10000BTC for 2 pizza.

I doubt that Lazlo regrets selling 10k bitcoin for two pizzas, yet my point still stands that a person who has been in bitcoin for a while may well get to a point of having enough BTC, so if there is a suggestion to be buying at these prices or during this dip, it is likely based on a presumption that most of our audience is really early in their BTC accumulation journey.. perhaps even first whole cycle or two...yet even a guy who started accumulating $100 worth of BTC two cycles ago (around 8 years) would likely be in a pretty decently good state with around $42k invested and right around 6.7 BTC.. though I could see why even that person might still want to continue to accumulate.

Since tiCeR had registered on the forum in July of 2011, it could be possible that he could have had spent his first 9 years buying bitcoin at $10 per week and accumulated 141 bitcoin with a mere $4,700 investment, and surely there are guys who have been registered on the forum for a long time, but still might not have had been able to accumulate very much BTC in their earlier years registered on the forum, so yeah, sure I hate to presume that tiCeR is a whale or on the other hand presume that he had not been able to accumulate BTC, so I guess I am just seeking some kind of a clarification regarding why he might not have had particularized the circumstances to be accumulating BTC here for someone who might have had various times accumulating BTC over the past 3-ish cycles. Personally, I don't tend to make those kinds of blanket statements unless I am particularizing to whom I am referring, such as my suggesting that everyone who are still in their first cycle and/or who has not yet front loaded their BTC investment better keep buying BTC regularly, consistently and persistently.

Quote from: Samlucky O on Today at 02:22:05 AM

Quote from: JayJuanGee on Today at 12:22:59 AM

Surely, I presume that the overwhelming audience of this forum have not accumulated enough or more than enough BTC, so in that sense, the overwhelming suggestion is that any forum members should keep accumulating until they reach such status of enough accumulation or more than enough.

Surely an overwhelming audience of this forum has not accumulated enough or more than enough, but surely many are trying their best, even as we presume to be investing I believe most people are just following up but yet no investment. But I believe they will regret later.

That seems a fair presumption unless someone says otherwise about their own BTC accumulation experiences.

Quote from: Samlucky O on Today at 02:22:05 AM

Quote from: JayJuanGee on Today at 12:22:59 AM

What to do becomes a bit more ambiguous for anyone who might be getting higher in regards to the amount of BTC that he has accumulated, so maybe those kinds of guys might just HODL or maybe from time to time buy on dips if there are dips that reach a sufficiently enough level.. otherwise they just might be just waiting and not really doing anything at these levels..

This can only be possible for the people who bought bitcoin way back. those early accumulators who baught bitcoin so cheap.

I am not sure if it has to be guys who got here in the early days, since there are some guys who might have had been accumulating throughout the past 4 years and who may have also been accumulating decently well in 2022 and 2023, so even if their costs per BTC are not as low as the guy who might have started prior to 2020, there still could be guys who have been able to accumulate a decent amount of BTC, even within ONLY one cycle. I hate to overly generalize since there are guys who might fit into different categories, yet I even recall suggesting to guys who started between 2014 and 2016 that they may well be better off if the continue to allow BTC prices run closer to two full cycles rather than starting to cash out within only 1 full cycle, and surely there seems to be some advantage to allowing the investment to run for a while, yet we still might not be able to overly generalize in regards to the extent to which some guys might have had been able to buy extra levels of coins at lower price levels and and then ended up more advantaged, even though they might not have had been in BTC as long as some others had been.

Quote from: Samlucky O on Today at 02:22:05 AM

Because by now their HODLing would have reached their profit level and may decide to wait a little more time for their HODLings to grow but as for those who stated accumulation recently or 3 years back will still continue to accumulate because they still have a long way ahead. But though it depends on such persons bitcoin plan.

Before 2020, I frequently would suggest to guys to do whatever they could to invest into bitcoin, yet my default position was to frequently suggest to them to just invest $10 per week and somewhere between 1% and 10% of their investment portfolio into bitcoin, so a lot of the thrust was meant to just guys off of zero. Starting in 2020, I moved my suggestion to $100 per week and getting 5% to 25% into bitcoin, so sure I increased the level of the aggressiveness of my recommendation, even though guys are still subject to their own limitations in regards to either how fast they might be able to get a decently good stake into bitcoin and if they might already be someone who had invested into things previously, so presumptively they have more assets to redistribute into bitcoin, versus if they were a brand new investor which tends to mean that no matter the situation, it is more likely it is going to take a decent amount of time to establish a stake in bitcoin, which may be a cycle, two cycles or even longer, and surely the more aggressive they are able to be, beyond my $100 per week starting point, then the more like they will see progress in terms of dollar amounts they are putting in, yet still people can ONLY do what they are able to do in terms of their own disposable income and other financial and psychological factors that they might have as part of their personal situation.