Quote from: Wind_FURY on March 11, 2025, 04:28:22 AM

The Bitcoin ETF Flow is negative, https://farside.co.uk/btc/

I believe that these are the sorts of situations that we plebs should start PAYING ATTENTION. The institutions currently don't like Bitcoin? - The new arrivals of plebs should start front-running them again, like the plebs of 2019 and 2023 who front-ran them.
PRAY that another bear market is coming because these DIPs are what YOU should be waiting for!

Why are you going back to your nonsense talk about waiting for dips, or that we should be hoping for more dip?

There is no reason to wait for dips or to store up for buying dips that may or may not end up happening - especially for newbies.

Sure, if you have spent a cycle or two accumulating, like Wind_FURY , then maybe you can afford to wait for dips, yet I doubt that Wind_FURY ever did engage in a practice of buying bitcoin regularly, persistently, consistently, ongoingly and perhaps even aggressively, so perhaps Wind_FURY has not even been able to outperform a strict and straight-forward DCA strategy, since he seems to enjoy so much the employment and the marketing of a waiting strategy. $24-$29k prices in October 2023 did not work out so well for you, Wind_FURY, since you were so busy waiting for $20k, so you failed/refused to buy BC in the $24-$29k prices in October 2023.

The point for anyone new into bitcoin is to keep on buying bitcoin regularly, persistently, consistently, ongoingly and perhaps even aggressively for at least a whole cycle before you start to fuck around too much with waiting for dip strategies - especially when we already find ourselves in the ballpark of 20% to 29% lower than the ATH, including that there are no guarantees that BTC prices are going to go lower from here and it is likely to just be buying bitcoin ongongly than to be fucking around trying to figure out whether dips or not, especially for newbies and likely for an overwhelming of folks who are still in their first whole cycle of accumulating bitcoin.

Quote from: ejikeme24 on March 11, 2025, 02:05:18 PM

Quote from: Nothingtodo on March 11, 2025, 12:06:13 PM

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Actually I think selling it when the price was around $106 to $107 would have been a good ideal than selling it at this cheaper rate.

Sure, if you are going to sell bitcoin, then it is better to sell on the way up rather than selling on the way down or selling during any kind of a consolidating period.

At the same time, it is even a better practice to not sell any bitcoin until you reached a status of overaccumulation that would contribute towards any selling to be needs based rather than selling and expecting to buy back cheaper.

A lot of newbies make a lot of mistakes that tend to revolve around failing to accumulate enough bitcoin and selling way too much BTC too soon. These are not easy challenges, except there tend to be benefits for guys who can figure out how to ongoing, persistent and consistent buying of BTC within their budget - and trying to avoid any kind of selling prior to reaching a status of overaccumulation, which guys (including newbies) have to figure out what overaccumulation means, too.

Quote from: JoyMarsha on March 11, 2025, 05:32:27 PM

Quote from: Nothingtodo on March 11, 2025, 12:06:13 PM

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So far, you will later buy back Bitcoin before the price soar, no cause for alarm.

A person cannot buy back at a cheaper price if he mostly used the money for consumption purposes, and he does not have a sufficient income to cover the costs of what he had used to buy out.

A person cannot also buy BTC back at a cheaper price if the BTC price does not end up getting cheaper. We can never know about short-term BTC price directions, even though we can presume that bitcoin remains amongst the best (if not the best) of long term asymmetric bets to the upside, so in that regard, it does not make sense to sell bitcoin with an expectation of buying back cheaper, especially anyone still accumulating bitcoin or anyone who had not reached a status of overaccumulation. You don't reach a status of overaccumulation by selling bitcoin. You reach overaccumuation by ongoing buying and building, not selling.

Quote from: promise444c5 on Today at 11:40:22 AM

Quote from: As-Soon-As on Today at 09:01:49 AM

The current Bitcoin market is going through a period of volatility, only the right and suitable ideal investors can use this dip. It is best to use the dip along with buying Bitcoin according to the DCA method, because this is the best time to hold Bitcoin.

Bitcoin has always been subject to volatility, it not just the current state of Bitcoin although we have some time when the volatility sharply increases than normal and sometimes become less but it still doesn't change the fact that Bitcoin is a very volatile coin..
Also, there's no best time to hold just "HODL", buy DIPs and continue your accumulation strategy preferable DCA... with DCA buying of DIPs is pretty much covered although here could be sometimes you might want to catch a dip before it changes direction.

Quote from: GIF-JOBS on March 11, 2025, 08:54:32 PM

A long-term holder should never think about selling his holdings.

it's not that they should never sell their holdings, they can sell at some point, not selling all (but in small chunks as profit when the time comes and they've accumulated enough to start doing, JJG has a thread dedicated for it ) yet we shouldn't be discussing "how" as most of us here and people visiting the thread are still in their accumulation stage so it's just better to focus on the point "HOLD" for the thread.

Seems to me that it is best to focus on continuing to accumulate BTC, and the ONLY reason to HODL would be if you were to run out of money.. you just have to wait for more money to come in before being able to buy more BTC.

Quote from: bitcoin_mining on Today at 01:38:12 PM

Quote from: Proty on March 11, 2025, 08:03:35 PM

Quote from: SOKO-DEKE on March 11, 2025, 11:44:14 AM

It is not even advisable for someone to invest in Bitcoin when they do not have a stable source of income. It is very important to have stable sources of income before you invest in Bitcoin. Not having a stable source of income can lead someone to sell their Bitcoin prematurely while trying to hold it.If someone does not have a stable source of income, whenever they need money, they will definitely end up selling their Bitcoin. Unfortunately, the timing might not be favorable. For example, if the Bitcoin market is down at that period, they may be forced to sell at a loss.

Short-term investment can be considered as trading, and even with a stable source of income, it is likely to lead to losses because trading carries high risk. Combining trading and investment is not a good idea. Once you continue losing in trading and your trading capital runs out with no way to acquire more funds, you may be tempted to use your Bitcoin investment. From there, you could lose all your Bitcoin.it is better to concentrate on Bitcoin investment rather than trying to combine the two. Some people who have tried this in the past regret it because it caused them to lose all their Bitcoin.

No doubt it is good for an investor to have a stable source of income, however an investor can start his bitcoin accumulation while working in his income instead of waiting to have worked on his income before starting. I see nothing wrong with an investor accumulating bitcoin an at the same time while working to have a stable income .There are some unnecessary expenses that can be cut down,for example the money we spend on clubbing, buying unnecessary items that we can deal without it and it will not have any effect on us.we can decide to use this money to invest in bitcoin.Finally an Investor without a stable source of income can invest in bitcoin while working towards stabilise his income.

If an investor has a good source of income and if he plans to invest consistently while having a good source of income then I think that investor will be successful with his investment plan. But an important factor that will work in this case is how much money the investor is consistently investing. Although it is a bit late to start investing, I would say that before starting investment, you should start investing with a proper plan. I think it would be a better move for any investor to start investing with some time and stay with that investment rather than selling the investment mid-way through the investment.

Suppose an investor earns 1000 dollars every month, after earning 1000 dollars he spends 500 dollars on his family activities and the remaining 500 dollars is left at the end of the month. If the investor invests this $500 in three parts, I think he can maintain the consistency of his investment very well. Out of these three parts, one part will be kept in the bank for future needs, one part will be kept for incidental expenses and the remaining part will be spent on investment. By doing this he will not feel investment pressure in any month and he will be successful by investing consistently.

I largely agree with your post, except your assertion that it is a bit late is a bit of a misleading assertion, especially if a person happens to be a brand new investor then it is not too late. He has to start investing into bitcoin as soon as possible.

Another thing is that many low coiners are confused about their own status, and if they are considering themselves to be a low coiner, yet they are still not stacking persistently, consistently, ongoing and perhaps even aggressively, then they likely have the wrong mindset about bitcoin. They need to get stacking and continue to remember that we are still early, which will help to motivate them to continue to stack as aggressively as they can, even if they have some coins and in part due to their likely realizing that they are a low coiner..