Quote from: George Edward on January 19, 2025, 11:06:52 PM

Quote from: passwordnow on January 19, 2025, 10:32:56 PM

Quote from: SuperBitMan on January 18, 2025, 08:17:13 AM

Quote from: passwordnow on January 18, 2025, 04:45:18 AM

Like I know what you mean about Bitcoin being a stable coin but someone out there might misunderstood what you are saying. In terms of stability, Bitcoin really is the most stable of them all in the crypto market. And there could be some altcoiners out there that will say that Bitcoin didn't gave them a good life but in the alts that they were lucky that they invested in too early. But I am with you, Bitcoin did gave a lot of us here a good life and that is the reason why we're sticking on it. And if there are people that still don't believe Bitcoin, soon, they will realize on how it moves the market because if it isn't for Bitcoin, we'd see all of their alts being dumped and going to the ball pit.

Bitcoin investment has really brought out some families from poverty, one of the reasons why I love this investment is that no matter how small your discretion income is you can still use it to accumulate Bitcoin and if you do that for years you will accumulate a reasonable amount of Bitcoin and the most interesting part is that Bitcoin is always growing in value and price so your money worth remain the same it will be increasing, is not like bank savings where your money is always same and they even take there Bank charges from that money you are saving with them so as you are putting money in your bank account weekly or monthly they are also taking there weekly or monthly charges from your money, that's why saving your money with Bitcoin as an investment is the best, there was a man who has been accumulating Bitcoin for years so when he became very sick he called his lawyer and gave him his wallet secret phrase and password and told him to give it to his family if maybe he died, so when he died as a result of the sickness the lawyer did as instructed by the late man and when the children opened the wallet they discovered a good amount of Bitcoin inside they sold it and that was how they became rich, Bitcoin investment can't be compared to shitcoins, Bitcoin is more stable and reliable.

That means that volatility is a good thing for risk takers like us. We've seen the opportunity from within and by the time that we've seen it going to get bigger and we've invested some of our funds that we afford to us, we did the right thing. As for me, I've sold some before we've seen these highs and I am still thinking about that mistake but I cannot dwell in that have to learn from that mistake and it's best to hold for as long as we can. And if we cannot hold for any longer, we have to control ourselves or if we decide to release some in the market and let the other holders get it, we need to be decisive.

Well Great points Bitcoin's way more stable than other cryptos. That story about the sick man shows how Bitcoin can build wealth for families.Buy every dip sounds good, but it's better to invest steadily. Trying to time the market is tough, but regular investing is safer. We all make mistakes; learn from them and stick to your plan. Holding Bitcoin is important, but have a plan. just sharing my thought

You are correct. Since no man or woman on planet earth can actually predict the price of bitcoin in the next second, minute, or hour, it is not advisable for anyone who wants to invest in bitcoin to time the market, and such art might likely delay investors from starting their bitcoin investment since no one is certain if the dip will happen today or tomorrow. Be it new investors or old investors in bitcoin investment, the DCA strategy is always the perfect strategy for them to adopt because it will allow them to consistently accumulate bitcoin when their money is readily available, even if the price of bitcoin is increasing or decreasing, which will give them the advantage to accumulate more bitcoin than using the buying the dip strategy to invest in bitcoin.