Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 18/04/2025, 07:10:46 UTC
⭐ Merited by JayJuanGee (1)
I agree with you that time in the market helps, yet even you have proclaimed that you had started out your bitcoin investment journey in a non-focused and perhaps even whimpy way, and we know that in 2016 when you came to bitcoin, the BTC price was still largely below $1k until the end of the year, and a few months into 2017, the BTC price went above $1k and did not return back down to those sub $1k prices ever again.

So a person could have had gotten started in bitcoin and he might have even presumed that he was investing into bitcoin, yet upon retrospect, he realized that his first whole cycle in bitcoin ended up being quite overly whimpy, so he ended up not accumulating much bitcoin nor getting focused, perhaps for a whole cycle.
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Yes sir, in 2016-2017 of course it was a very good time to accumulate bitcoin, although I had started buying bitcoin at that time but I did not manage my investment planning properly so I made many mistakes such as depositing btc to gamble. However, the ability to learn by investing properly after I saw hundreds of large companies and new investors who continued to buy bitcoin, my interest grew to continue buying and holding it.

If you look at the cycle that has occurred, of course I think that I myself got a good opportunity because I took advantage of the moment by moving aggressively when btc fell to $15k. That was the best opportunity I remember most in accumulating bitcoin from a price of $15k - $25k.

people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.
They were lucky, of course because of the cheap entry they got, but we don't have to regret ourselves because we entered in 2020 or later because the moment at that time was also very good.  For that, I only focus on the accumulation of bitcoins that I continue to do, the DCA Strategy is quite helpful and I am grateful for the level of full concentration in buying bitcoins because I have not missed a single week in buying bitcoins.