.....Third, timing is also important. As the saying goes, time is gold. In investing, if the timing is wrong, even though we can still profit in the long term, in terms of time we lose so that often here emotional decisions play a role in making the wrong decisions.
Time in the market is better than trying to time the market.. Especially when it comes to bitcoin.. so just get started and stop trying to fuck around figuring out when you should start or if this is a good time or not.
It takes a long time to build up a bitcoin investment.. 4-10 years or longer, so there is no need to be delaying.. and then also once you are investing, it may well be the case that you are goingto stay in longer than 10 years, so it is not going to matter very much if you started to buy at $60k, $80k, $100k or $120k. Sure, you get more bitcoin when you buy bitcoin at lower prices, but there is no way to know BTC's price direction in terms of if you will ever get bitcoin lower than today's current prices, so it is better to get started buying bitcoin, if you wanting to be serious about bitcoin.. rather than fucking around thinking about your entry point.
That’s the thing most people don’t know that the more they are delaying the more they are reducing the chances to purchase in a cheaper price , I know that even when bitcoin hit the price range of $150k is still early , compare to the potential but I’m possesses, but buying now will give some advantages which buying at cheaper rate because the rate of you buying at $100k+ is far different from you buying at the rate of $80+ so start now will give you such advantages.
That’s reason why bitcoin is experiencing some dip I don’t feel bad neither do I feel any fear rather I get myself some cool funds to get the buying the dip going , and taking advantage of the market conditions in any way I can .
Personally, it seems that you have the right mindset to be thinking long term, and it seems to me that there are going to be so many folks who are going to realize that they heard about bitcoin and they had opportunities to buy even in our price range of $80k to $120k, and they will realize that they cannot get bitcoin at those same prices, and they could have been spending time stocking up their sats rather than not doing anything, and surely there are also some who are going to regret their having had been trying to trade bitcoin rather than staying focused on ongoing, persistent, consistent, regular and perhaps even aggressive buying of it.
Many of us likely recall in 2023 how we spent so much time in the $20ks, and that is not even that long ago, yet right now, I doubt that there are very many folks who are in any way educated about bitcoin who believe that we are going to back to having any abilities to buy bitcoin in the $20ks, and we were in those sub $30k prices for well over a year and a half, if we also count the time in 2022 that we were there.
When we were in the $20ks during that time, there were quite a few folks fantasizing about sub $10k, and surely many of us realized that the sub $10k train had already left the station.. and in 2018, 2019 and even into 2020, there were so many folks fantasizing about going back to $1k and $2k prices, which also ended up being fantasy prices - and the story repeats, and there are even more historical examples of similar phenomena in which low coiners and no coiners are fantasizing about lower prices rather than doing what they can to consistently, persistently and ongoingly stack sats.