Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 03/01/2025, 09:21:21 UTC
[edited out]
One thing about coin market at large is that it remains unpredictable with no certainties. I feel this is the characteristics that proves it not to be a get rich fast scheme.

You seem to be just throwing random thoughts into the air if you are proclaiming that bitcoin is completely an unknown, especially since we have had bitcoin running for 16 years, which gives data to both get to better know what bitcoin is and what it proposes to continue to be in the future, tick tock next block every 10 minutes a new block contains a decent amount of certainty that cannot be easily stopped, to the extent anyone, any government or any institution considers it within their interest to try to stop it (work against it) rather than working within its parameters (working for it).

Long term holding proves your interest in preserving the value of bitcoin also. Have you thought about what will happen if everyone decides to sell off their bitcoin stash without buying back.

Have you thought about your idea being retarded?  Sure if there are more sellers than buyers then the price goes down.  Hardly an interesting question, when the main problem of the world for an overwhelming majority of the world's population is that they do not have any or even close to enough bitcoin in regards to considering what bitcoin actually is... so essentially and overwhelming majority of the world still needs to get bitcoin and to figure out that it is better for them to have some rather than not having some, and sure a few persons, institutions and governments are actually starting to figure out that they should be working to accumulate more bitcoin, whether you listen to Saylor or to some other person who actually sufficiently understands the asset and that people should be working to accumulate it and preserve it within their holdings, which is the opposite of selling it.

Sure Saylor comes off as a bit of a psycho in terms of his own seeming obsession to buy and accumulating bitcoin, yet he still is not speaking in untruths that others (individuals, institutions and/or governments) should be ignoring.

At the listing of most new coins, most people that don't put hope in them sell of their assets within minutes after listing with little or no much buy backs which crashes the coins just hours after listing.

Good luck with that dumb plan.

We seem to be in the fairly early stages of one of the greatest (if not the greatest) wealth transfers in the history of man from no coiners to coiners, and you are suggesting that people should act so dumbedly as to put themselves on the giving rather than the receiving end of such ongoing wealth transfer?  Sure, people can act against their own interests, but doesn't sound like a great idea to make such an error.

Being able to buy more than you think about selling is what can help preserve the credibility of the coins.

If your incentive is to accumulate as many BTC as possible, to me, it seems pretty dumb to be engaging in a practice of selling bitcoin in order to try to accomplish such goal of accumulating more BTC... but yeah, whatever, people do dumb things, including selling one of the best, if not the best, of assets that is currently widely available to the world's population.

Selling a part to buy back is also risky, you may buy at higher price or risk loosing your bitcoin balance if you still don't wish to buy at higher prices.

Even though this is correct, you are flip flopping.. saying one thing and then saying the opposite, but yeah.. the correct basic point should be not to be fucking around with trying to trade an asset that you are trying to accumulate more of, at least don't sell with any expectation of buying back cheaper, and don't sell prior to accumulating enough or more than enough from your own perspective of what level of enough is.. .and hopefully you are accurate in your assessment.

We are speculating about this year, simply because we hope that more investors are going to troop in and also expecting US to open a Bitcoin reserve. Buy and Hodl, every stage is a dip.

You have ONLY been registered on the forum for one month, so it seems to me that you should not be fucking around trying to trade bitcoin, but instead spending at least a whole cycle accumulating bitcoin, and sure if you had been able to front load your BTC investment or you started accumulating bitcoin prior to your own forum registration, then all the better for you to have had gotten started earlier.. yet if you are pretty brand new to bitcoin and accumulating it, it seems better and more important for you to be figuring out ways to put your own systems into place to be accumulating bitcoin, and as you are able to get your cashflow systems in a stronger way, then you likely would be able to increase your bitcoin accumulation aggressiveness to try to get to a point that you are able to accumulate bitcoin as aggressively as you are able to, yet without recking yourself in the process... and it can take a bit of time to build up your bitcoin stack size, including that might need to spend 4-10 years or longer accumulating bitcoin before you can reasonably move away from such personal goal.. which likely would include figuring out ways to increase your income and to decrease your income to be able to accumulate more bitcoin.

Of course, if you are a relatively young person, then you may well need to focus more on developing your job skills and your experiences rather than focusing on directly accumulating bitcoin, since there can be trade offs in regards to how there may be needs for you to invest into yourself in such a way that you are not really able to use such money for directly buying bitcoin but instead increasing your own knowledge, skills and/or connections to potentially be able to get better future income. and yeah, choices and trade offs are not necessarily easy, depending on where you are at in life.  Sometimes there can also be ways that young people can learn about bitcoin and build jobs skills and networking at the same time and those activities can be related to bitcoin too, yet not necessarily true.. for example if you are about to finish college and get into work related to your training, you might well be better off to seek the more lucrative kinds of work while you are investing into bitcoin at the same time and even otherwise continuing to involve yourself in bitcoin on the side.

And sometimes it can be quite challenging to have hobbies outside of your work, and I recall periods of my life in which I was so focused on working and/or studying that I had little time for anything else..but even with that, there is a difference between what a person might know now compared to 20-ish to 30-ish years ago when I was in college and in my earlier years of my studying and building my own career, especially since bitcoin did not exist back then and so the opportunities and even the world macro-systems have transformed in ways that have several differences with bitcoin in the picture now as compared to what such circumstances and opportunities were 20-ish to 30-ish years ago when I was in my earlier of years of building my skills and the earlier (and even various parts) of the various kinds of work and/or investments that I had then made.. and even my own way of getting into bitcoin in late 2013 is different from someone who might figure out his own particular circumstances in figuring out how and how much to get into bitcoin today...and surely in regards to figuring out whether and how to get into bitcoin, each guy should be attempting to figure out and tailoring his own 9 individual circumstances.