Quote from: Olatundespo on Today at 05:37:37 AM

Quote from: Familian on April 15, 2025, 10:40:29 PM

[edited out]

When you say excessively investment, it seems like you're talking about a lump sum investment. You can make lump sum buying from floating cash funds. This process is great for aggressive buying during dips.

You seem to be mixing up terms.

Lump sum is extra oney that you might have, and it is not the same as buying the dip money.

If you hold back money to buy on the dip, then that it likely coming from reserve funds.

Float funds tend to be those funds that have not yet been determined during the month whether they might be needed for expenses, so excess float funds can end up being spent on consumption or investing or put into the reserves.

It is questionable whether any newbie investor should significantly change his level of aggressiveness in investing into bitcoin based on dips rather than being based on the strength of his cashflow management.

I am not opposed to the idea of both setting aside buying on the dip money or setting up various buying on the dip price intervals, yet I would not consider those to be changes in aggressiveness even though sometimes they might be set up in advance or even changed based on BTC price performance in order to attempt to account for changes in perspective regarding how low the BTC price might dip or if it might dip or not.

Quote from: Catenaccio on Today at 05:55:06 AM

Quote from: Olatundespo on Today at 05:37:37 AM

It's good to do extensive research before investing, but if you can do research while you're accumulation Bitcoin, your research will be best on road to successful. Compared to spending time on research, you will build up your Bitcoin accumulation by observing the market and becoming a successful investor within 4-10 years.

4 - 10 years sound to be very long waiting time to gain success and profit but time flies fast and with a time length of Bitcoin market cycle is 4 years, it will be achieved very quickly.

I agree that 4 years can pass by very quickly.

Quote from: Catenaccio on Today at 05:55:06 AM

When you are already living in the market, engaging in the market breath, you will soon recognize that one market cycle comes and finishes very quickly. You can miss many great opportunities from dip purchases, profit withdrawals, but it's your own experience and valuable lessons for your success in later market cycles.

We are not talking about trading in this thread, so your suggestion of profit from withdrawals in a cycle sounds like trading.

I know that this thread is talking about buying the dip, so sure many times we are weighing the various BTC accumulation methods between 1) buying always and regularly such as DCA and then 2) lump sum buying that might happen when extra funds come in or perhaps at the beginning of an investment there might be more funds available for investing and 3) buying on the dip.

The mere fact that some guys might buy on the dip does not mean that they should be considering selling within the same cycle.

I personally consider that selling does not really come relevant until after we have already reached our accumulation goals, which may well take a cycle or two to get to such an accumulation status or even an overaccumulatoin status.

Quote from: Catenaccio on Today at 05:55:06 AM

Fortunately, there are available data and analytical reports that recap Bitcoin market history and can give you so many free insights.

If we are investing for the long term, such as 4-10 years or longer, then there might not be a whole hell of a lot of value to get bogged down in market analysis... That sounds more like what a trader would do and surely we are not talking about those kinds of trading/gambling dynamics in this thread, even though surely some guys might structure their buying on dips in gambling kinds of ways, since we know that there are no guarantees that any of the BTC buy orders below the present price are going to be filled.

Quote from: tiCeR on Today at 01:24:38 PM

Quote from: JayJuanGee on Today at 03:25:43 AM

Quote from: Gost ms on Today at 03:02:49 AM

...

There can be tough choices in life, and surely there can be people who might feel that they are not able to earn much or even enough money when they are working for someone else, and they might speculate that they are able to make more money by investing into a business and/or perhaps by getting additional training to qualify for higher paid positions (promotions or perhaps getting work in a different field from their accustomed field).

It is not necessarily a bad idea to divest from bitcoin for those kinds of purposes, even though it also may have had been better to find funding through other sources, so guys can be left with dilemmas, especially in regards to the kind of income that they can earn with their present skills versus either gaining skills or entering into a business that might require capital but allow for the leveraging of labor to potentially be able to make more money than without such a business.

Tough choices in life for sure, but I often think that there are more people than one can imagine, who are actually able to understand what the right choice or a good choice would be, but they can't execute it for distinct reasons. Similar to a drug addiction, many people know drugs are bad, but they can't stop it despite knowing it would improve their lives.

This especially refers to getting extra training or education. Assuming that they would need to divest from bitcoin to pay for additional education or training, they would also have to be sure that they are able to fully execute it and complete the steps their own decision would require them to execute.

Now it might come into play that if they have doubts about themselves, divesting from a promising investment can feel extra hard.

There is a fine line between all these things. It is neither wrong to get more education nor more training nor holding more bitcoin, but if you have to exchange one for the other, it is not easy to identify the best option.

When some people decided to sell their bitcoin when it went from $100 to $1000, it wasn't a necessarily a stupid decision because what else gives you 10x in any market in a short period of time. If they exchange bitcoin for extra training now, they can't know whether another job or a higher position in the same job would ever pay them the same as any price increases in bitcoin over the same period of time.

I want to change your example.. since the path from $100 to $1k was a bit convoluted, yet if someone came to bitcoin in late 2014 or early 2015, he woudl have had a lot of opportunities to accumulate bitcoin between $200 and $300, so perhaps being able to accumulate bitcoin for around $250, and by early 2017 bitcoin reached $2,500 (10x) and sure it bounced around in the $2,500 area for a few months, but once bitcoin prices went above $5k, the BTC price never ever returned to $2,500 or lower.

No one really knew, at the time, that bitcoin was going to 10x and then never ever return below $2,500 again.

A guy coming to bitcoin in 2015 or even a guy who had already come to bitcoin prior to 2015, he might have had built up a bitcoin stash, but if he was faced with decisions in 2015 about training and/or going to college or even staring a business, he might have been aced with questions of whether he should either sell his bitcoin or maybe to just not buy any more bitcoin at those 2015 ($250) prices.

I don't consider the answers to be easy, since folks many times will have limited resources, and they might not be able to do both. and perhaps someone in his pre-20s or even in his early 20s might have to decide in a fairly prompt time-frame. He cannot be diddly daddlying around. Maybe if he does not get extra training he is more likely to have jobs that earn him fairly low wages of $5 to $15 per hour.. depending on how lucky he might be. Yet if he gets training, he might still end up with those lower wages of $5-15 per hour, yet he has some other opportunities of jobs that are varying degrees of higher, such as $20 to $80 per hour.... so even the spending on training or spending on going into a business is not guaranteed to pay off, so the answer is not always obvious.. Maybe the training or the entering into the business costs $5k to $10k, plus it costs the opportunity costs related to not being able to earn money (or not being able to earn as much money) while in school.

Quote from: Bitcoin_people on Today at 02:03:19 PM

It is important for a person to always gain knowledge and analyze the market well to invest. Moreover, if you invest in the market, it is very important to hold that investment for a long time, we know that the crypto market can change its form at any time, so it is wise to keep it Hold without selling it.

Hopefully none of us are so retarded as to fuck around with shitcoins or crypto.

Quote from: Bitcoin_people on Today at 02:03:19 PM

Before investing, we need to adopt some strategies by which we can always protect ourselves from losses. For example, when buying in the field of investment, buy from the dip and hold it, the market often goes down, then there is a slight decline, but here it is very important to hold the investment for the long term with patience and faith. When we invest in Bitcoin from the dip and hold it, we can profit when the market enters the high in the future.

Oh? Maybe you are talking about bitcoin but you use the word crypto because you either don't know the difference or you are trying to sound smarter?

Quote from: Bitcoin_people on Today at 02:03:19 PM

Just buying and holding will not complete our investment, in which case we need to always hold Bitcoin. No matter what position the market takes, it is the religion of an experienced investor to hold it for a long time without selling it. Moreover, when entering the market, buying Bitcoin using DCA reduces the possibility of loss, so we have to invest carefully while investing. Whether the price increases or decreases, it has to be held tightly, in the case of investment, a strategy has to be used where buying from deep and holding it patiently for a long time.
Moreover, it is very important for us to always do careful research while investing in the market, especially when investing, it is even more important for everyone to DYOR. Whenever a person uses his own experience, that person will be able to gain good knowledge and experience about the market and make his investment successful.

This part seems correct.

Quote from: len01 on Today at 02:40:41 PM

Quote from: ndutndut on Today at 01:40:03 PM

Yes, that's right. It's better to invest than to trade, besides having low risk, it also means we don't have to bother to monitor the market every day. Trading does provide more benefits, but these benefits are also commensurate with the risks that will be faced.

Investing or trading is a choice, neither is bad and both are equally good. Everyone has their own choices and we cannot compare the risk of investment with trading. Because, both have the same risk and let them choose their own risks and we remain focused on investing.

Trading and investing are not equally good.

They also do not have the same risks nor are they equally correct in a kind of relativistic kind of thinking.

There are a lot of ways that we can compare and contrast trading versus investing, and I see no need to go into those kinds of details.

Even if you are suggesting that you have a preference in regards to investing and proclaiming that we also have a preference for investing, we should accept the traders as if they were engaging in equal and/or similar behaviors as the investors... which is both nonsense and also we are not even supposed to be talking about trading in this thread.

Quote from: len01 on Today at 02:40:41 PM

Quote from: ndutndut on Today at 01:40:03 PM

So indeed when buying bitcoin it would be better to make it an asset for the long term because bitcoin has shown extraordinary resilience even amidst the uncertainty of global economic conditions. Just look even though other markets such as stocks and other commodities experience quite significant volatility due to the policies of a large country such as raising tariffs. However, this is different with bitcoin, bitcoin can get through this well. Although there are price fluctuations, that is the characteristic of Bitcoin that makes it increasingly proven to be a solid investment choice for the long term.

What you said is absolutely true, even during the pandemic, Bitcoin still held strong and gave an ATH price at that time. This power that Bitcoin has is what makes us all believe that BTC will become more valuable and it is never too late for us to continue adding to our portfolio even though sometimes the cycle is a little different but Bitcoin always provides good profits in the long term.

Of course, each of us invests into bitcoin in accordance with our own 9 individual factors, and our perception of BTC price/value as compared with other places that we can invest is only one of the factors that we should be considering. Not everyone is at the same point in their bitcoin investment (and/or accumulation journey), yet if we presume that people are still accumulating bitcoin, then I would imagine we are presuming that they are ongoingly buying, even though some guys want to hold back some value to try to buy the dip, but if we have discretionary income and we are still accumulating then we should be mostly buying BTC on a regular basis no matter the price for a whole cycle or more, unless we might have been able to front load our bitcoin investment, then we might be less inclined to accumulate BTC for as long as the guy who might be buying bitcoin from his weekly or monthly cashflows.