Re: Buy the DIP, and HODL!

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility? Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

all of us here are for bitcoin, nobody is against bitcoin when we say bitcoin is know for high volatility that doesn't mean we are discouraging people from investing in bitcoin nor condemning bitcoin investment, we only make that statement because, bitcoin price can fluctuate rapidly and unpredictable, making it a high risk investment, bitcoin can fluctuate in price by 10 to 20 percent or more in a day, that's the reason why they always advice to invest what you can afford to lose in bitcoin, in other for to take control over our emotions just and buy and hold for a long period of time using the DCA strategy which is common among men, for it is essential to approach bitcoin investment with caution and clear understanding of the potential volatility that is involved.

Bitcoin is a volatile asset, and from the Bitcoin track record, we can see clearly that the volatility of Bitcoin is only of concern if you're going for a short term investment in it. Investors on a long-term journey are less bothered because Bitcoin has proved to be profitable, amid it's volatile nature in the long-term.

As investors, we should see the price fluctuations as opportunities to target buying more Bitcoin when the price goes relatively down within our buying period for example:
If you buy weekly, you can set buy orders from Monday to purchase Bitcoin at a speculated lower price and if you're lucky and it cuts through it, then you'll have more coins at same price, but if it doesn't up till Saturday morning, then you'll purchase regardless so that you can fulfill your weekly accumulation obligations.

The volatile nature provides some mini dips during our buying periods, we should be more focused in taking advantage of them and getting closer to our accumulation targets rather than being skeptical about Bitcoin volatile nature just like traders/gamblers.

So I think come and buy Bitcoin and hold for a long time. For the low sides of two cycles or more time You are still wasting unnecessary time in different places, and without delay, invest Bitcoin now and gain the maximum ATH

Actually in my own opinion this is a myopic idea, you can't just buy Bitcoin with the intention of holding and selling when it has gotten to it all time high, no you don't do that, how much do you think you might gain doing that, that can change your financial status forever?

So buying and selling for minimal gains is not the right way to go as a Bitcoin investor, or have you forgotten that we are still in the early days of Bitcoin, so it's nowhere near it peak price, and statistically, it has been proven that it's an asset that appreciate in value overtime, so just imagine what you stand's to gain if you can buy a huge stash of Bitcoin now at once or through the lumps sum method over the years and hold for like five circles, do you think that Bitcoin will still be at the $100k mark? No.
It would have skyrocket to a million dollar or more, so it's best you stop being myopic when thinking and talking about Bitcoin, because it's the real deal.