Re: Buy the DIP, and HODL!

Now we can have full confidence in Bitcoin but Bitcoin is very expensive due to which it is not possible to buy a good amount of Bitcoin even if we want to.

Those investors who hold from bitcoin <$100 had confidence in it since then and that made them rich today, not all had the confidence to continue the journey , it dipped massively at some points and some investors sold all of their holding while some sold large percentage for sure but it'stheir investment, they might not have regrets since they made profits but they couldhave made more though, if they had not lose trust/confidence in it..

Hence, it can still be cheap at the moment compare to when you start seeing it @500k .. true it's still expensive to accumulate good amount as at the current price but accumulating it continously can give you a better amount over time(what matters is that you're willing to hold for long) and how can you do that?? It's simple just practice what the thread is all about along with the DCA strategy, accumulate for cycles and check your portfolio (you will see how far you've come)

...

some holder have some speculation while they hold that certain period what they are holding should be at a certain price and when the reverse become the case and their alternative failed them they are left with no option than to sell what they have. Though it's very wrong shall but to say when the need is not available the available become the need could be their situation at that point because some is not as a result of clear eye but been instigated by unknown factor beyond some emergency fund mostly life threatening issued.

To be honest here, your write up is not that clear and can be confusing somehow, but I think that I understand what you are trying to say, if am not mistaken, you are trying to say that those people that sold their holdings were forced to, due to unforseen circumstances that arises.

In my own opinion, it's crystal clear that anyone that falls for this doesn't plan his holdings very well, because for a Bitcoin investor to be successful in his holdings, he actually needs to understand first that buying and holdings are two different things, and holding is quite difficult if you don't know that having a reliable source of income and having and emergency funds that can address those unforseen circumstances that may arise, so if you don't have this already in place, at some point you will definitely deep hands into your holdings just to address some serious financial needs.
So in essence of what am trying to say is that without having a source of income and an emergency fund, it's very much likely that at a point you will sell your holdings even when you never wish or want to.