Re: Buy the DIP, and HODL!

Hodling requires a lot of patience before profits can be achieved so if an investor cannot be patient to withstand market fluctuations it may lead to losses by selling when the price is low due to fear of the price crashing further.

First of all we need a well integrated portfolio to gain profit and to create this portfolio a lot of patience and there must be continuity in purchasing. My idea is that every investor who wants to start investment in Bitcoin should know that Bitcoin is naturally unstable, So if they still can't tolerate market fluctuations, that is can't be patient even after knowing this, then maybe they still don't know about the investment process.

Quote

Even if an investor bought Bitcoin at the peak and it never come back stronger again in that cycle, while not wait for another cycle to get the profits since it is almost becoming a tradition that the price of Bitcoin is likely to increase pass the previous ATH in every cycle.

If an investor buys Bitcoin at a peak even if it doesn't become strong again at that time, he should still wait at least two cycles to take his investment to a stronger position. Moreover as you mentioned, there is a possibility of exceeding the previous ATH in each cycle which is a somewhat inconsistent sentence because we have seen in Bitcoin history that after each Bitcoin halving, the price of Bitcoin has created new ATH. So even in this situation we have to try to be more patient.

https://www.kraken.com/learn/bitcoin-halving-history

This is the exact reason we are clamouring for investors to hold a little bit longer, because the way Bitcoin is wired, it's more beneficial and ideal to hold for a very long period of time thank hold for a short time hoping to make a profit, which I sees as traders mindset.
Bitcoin is on the rise actually, so their is a higher probability that Bitcoin will keeps on making a new all time high during every circle, and it can go as high as a million dollar or more in the future, it's just a matter of time, so the big question here is that how long can you hold?

An investor might plan on holding it for a very long period of time like three to five circles, but if he has no measures in place that will make him to hold effectively like having a source of income and an emergency funds to sorts out yourself during emergency situations in the future, you might be compel to temper with your holdings even though it's not your will, so it's very important that as we are buying and adding up to our stash of Bitcoin, we shouldn't forget to build a very good emergency funds also, so as to be able to withstand the pressure of any kind of emergency situation that may arises in the future.

I want to coming in the question you just asked, how long can you hold?, in every threads or forums created you will see this something that is common between them which is Bitcoin, so you can hodl in a very long term if only you adopt the mother of buy buy buy buy buy buy buy..... On this process you see that some of your investments have reached up to 10 to 15 years while some of your investments that is 2 to 5 years is also coming up, since you buy buy buy buy buy buy buy u can decide to see any one of your choice depending on what you want to use the money, so there is no specific time or years but it all about our personal determination and mind that you hodl for a long term. With the ways Bitcoin increases yearly, it shown that the reason why we should buy the dip and hodl, because the table shows that Bitcoin increases yearly, this is the major reason why will should hold dip for longer term

Buying the dip and hodl doesn't mean you will only be targeting bitcoin to dip before you can buy, so buying consistently, persistently regularly using the dca method will surely buy enough bitcoin when you buy and hodl for 4-10 and more buying with your discretionary Income by such you might portfolio might have increased and also see on how you can increase your financial source so that you can buy bitcoin aggressively with your discretionary Income because if you keep when there is only dip you won't have a good bitcoin portfolio and is not a better way to buy bitcoin expecially for those who is just starting bitcoin investment.

Let me give you a little hint about the importance of buying the dip to hodl for long term, not that you have anything to lose as a long term investor infact using the DCA method helps you to buy at any price not minding the price of Bitcoin at any given time but buying Bitcoin during the dip gives you the advantage to accumulate more Bitcoin with lesser amount that you would have spent when the price of Bitcoin is high that is why long term investor take every opportunity of the dip to accumulate more and more Bitcoin to their portfolio to hodl knowing that they stand a better chance of maximizing profit in the long run.
The DCA method is not only for new investors or early starters but I think it is meant for those who can afford to invest with little amount of money cause the DCA method helps the investor to invest the amount that is suitable for him, what he can afford to invest with either weekly or monthly and it helps the investor to be avoid thinking and stress when they see the price of Bitcoin not rising.