Quote from: Mayor of ogba on Today at 07:53:05 AM

Quote from: mvdheuvel1983 on February 25, 2025, 06:12:53 PM

Quote from: Mayor of ogba on February 25, 2025, 05:09:53 PM

Quote from: Umulala-alala on February 25, 2025, 03:31:26 PM

Quote from: Proty on February 25, 2025, 03:09:21 PM

Quote from: Futurexxx on February 25, 2025, 10:16:51 AM

It does.
It will take time and just like what we're seeing right now,
I see this current dip in the market as a dip that should be utilized properly, because it might never come again, yes their is a possibility that it might drop further, but we should all take note that Bitcoin is on the rise, and as such, it's best to buy more now and add to your stash, just as you have said already, this is the best time to buy, and most newbies and those that have no faith in Bitcoin will be selling in panic, but we that knows it's too cheap now comparing to how much it might skyrocket up to in the future, considering it huge potential, we have nothing to worry about because we believe that Bitcoin is an opportunity that can be used to build a generational wealth only if we can acquire a very huge stash of it and hold for a very long period of time like 10 years or more.
The only thing that is required of us is to pay less attention to the outside noise and discouragement from hater, so as not to be discouraged in the future, because holding is way more difficult than just buying.

It is only those that have not experience price correction that will begin to panic about the current change in the price of bitcoin, for those investors who has been investing in bitcoin for long I see no reason why they should panic over this recent dip because this is not the first time bitcoin is dipping. This is a great opportunity to invest aggressively in bitcoin and to acquire as much bitcoin as we can within our financial capacity and not to allow unnecessary fears to cloud our sense of reasoning by optioning for sale. Volatility has always been the characteristics of bitcoin and other crypto currency. It is short term investors that is suppose to panic over price correction.

Every dip in bitcoin should always be an opportunity for us to buy more and more bitcoin and hodl knowing that the price will still go up again no need been afraid. This message is for investors who are in to bitcoin for a long time plan and not those running around looking for shitcoins to buy.

It is true that every dip should be an opportunity to accumulate bitcoin, but since you will not always have liquidity every time a dip happens, if you are carried away by always wanting to accumulate bitcoin in every dip that happens, you might likely accumulate bitcoin in such a way that it will get you off the game partially or permanently. Buying the dip is best done when you know very well that if you buy the dip, it will not stop you from solving your daily expenses or put you in the position where you will struggle to solve your daily expenses so that you will not be under pressure to sell your bitcoin investment so early to survive.

When you are talking about not having liquidity during every dip are you actually speaking for every investor or your speaking for yourself cause you seems to be more concerned about people not having funds to buy Bitcoin during the dip and it's not nice, people aren't new to Bitcoin investment and most people are engaged so they have reserve funds to always take every chances of Bitcoin dip to accumulate more Bitcoin to their portfolio that's why having a good business or job that generates you income is advised as an investor. Investors are not stupid they know exactly what they are investing in and they know they have other needs to sort out that's why they have other sources of income to take care of other needs which will not affect their funds for investment. No one should be discouraged to invest in Bitcoin because in the next 5 years most people who got enlightened after coming across this thread will be here to share their testimony when the price of Bitcoin hits 400- 500k. If you are wise do not encourage anyone to sell no matter the current price of Bitcoin, keep accumulating and get ready to sell when the price is at the point where you feel it's ok to get you all the things you planned for your next generation.

If you had read my post carefully, you would have known that my post was directly to Umulala-alala and not for all investors. Since Umulala-alala is yet to gain a lot of experience and is a newbie when it comes to bitcoin investment, I was only advising him not to be carried away by wanting to buy every dip so that he would not mess up his bitcoin investment. As there are investors with different sources of income who can buy every dip, we also have investors with a shitty source of income who are struggling to consistently accumulate bitcoin, so investors with a shitty source of income should be careful with buying the dip so that they will not mess up their accumulation process. Secondly, there's no way I am discouraging investors from buying the dip. Any investor who figures out he or she can comfortably buy the dip without struggling to solve his or her daily expenses should go ahead and buy the dip when it happens.

I think this is the key statement here, I mean the bold words in your write up.
Buying a dip is very good but not at the expense of you not being able to finance your daily needs properly, because at the end of the day, if you get carried away in buying any dip you see when you can't afford it, you might sell some part of your holdings prematurely just to take care of your basic needs, so in as much as buying a dip looks ideal and beneficial, it should only be done with a money you can do away with for a very long of time, not just buy with money meant for other things because the opportunity was too good to let it slide, if you does that, you are putting yourself into a very tight and compromising position that may warrant you to temper with your holdings later on even when it's not your will to do so, so the best thing to do is to buy only when you can afford to do away with that cash for a very long time, not by getting too excited and doing things that will later be a problem in financing our daily expenses.