Re: Buy the DIP, and HODL!

~snip
- To start the new week, please check the MACD for the weekly chart. I believe that our 100 Spartans in the Push Ups until 100,000 topic will finally get their rest.
HODL

Certainly a good news for the Spartans and hodlers, but a bad one for those waiting to buy the dip. It's definitely going to be an interesting ride. MACD is literally at the bottom, and climbing to the top. A possible break of structure would give us a new ATH. We're just getting started... Continue buying... Keep Hodling.

By looking at this chart presented here shows that Bitcoin sentiment is bullish, by looking at this last bullish engulfing candle sticks, it shows that their are a lot of buyers in the market, so who are those folks that are saying that it's too expensive to be buying now?
Those buyers in the market do they think they don't know what they are doing?
It's only myopic people that will be seeing it that way as expensive because Bitcoin is seriously on the rise, and I see it setting a new all time high in the nearest future, that's why their should be no wasting time for those that hasn't started accumulating it yet, the better they seize this opportunity or regret later.

We cannot really tell what bitcoin is going to do by looking at charts, and sure, there is no problem to look at charts and try to guess, yet in the end, anyone who might be considering themselves in bitcoin accumulation stages, that may well take 4-10 years or more to accumulate enough bitcoin, then they are going to need to spend at least a whole cycle just accumulating bitcoin no matter what (perhaps trying to make sure that they buy at least once every week), and perhaps after they have been accumulating BTC for a whole cycle or more they might find it reasonable to adjust their BTC accumulation approach in which they might not buy all of the time.

Is it really compulsory that an investor who is in accumulation stage must spend at least a whole cycle to build his portfolio? What if he meets his accumulation target before a cycle, should he continue to accumulate just because it hasn't gotten to 4 years since he started accumulating?. I don't think that the years one spend in accumulating bitcoins matter anymore inasmuch as they can get a big stash of bitcoins in their portfolio even when it hasn't gotten to a whole cycle. The plan should be to HODL for a long term but the time of accumulation should not matter because there are some people that just choose to lump sum a huge amount of bitcoins and HODL without making any further accumulation again.

Sure there are some people who are able to lump sum and to not invest more into bitcoin, yet that passive approach to bitcoin is likely a bit on the whimpy side from my perspective. I personally think that even if someone is able to lump sum into bitcoin, they may well be better advantaged by continue to buy bitcoin at various other points in the future, an then another idea is that many times investing is 4-10 years or longer, and so if someone comes into bitcoin and they merely are lump sum investing in once and then planning to cash out, then they are engaging in trading practices rather than investing practices, even if they might have a longer timeline in mind at the start of their investment.

Quote from: promise444c5 on May 12, 2025, 09:30:12 PM

Quote from: JayJuanGee on May 10, 2025, 07:30:28 PM

Sometimes it can be difficult for some of those against bitcoin to see bitcoin in terms of having actual legitimacy, since it just seems like magical (and intangible) internet money, and they become receptive to the claims that bitcoin is a pyramid and/or a ponzi that is filled with several sub-ponzis.

I know there are people that believes this but anybody that does is actually retarded to me unless he clearly has zero idea about it .

Sometimes folks with low levels of knowledge about bitcoin will still have strong opinions about bitcoin, and sure they might otherwise be very smart and very articulate, yet they still do not know about bitcoin, yet they are talking about bitcoin as if they know about it, when they don't. there are quite a few people like this who need to study into bitcoin more, and it might be hard to argue with them, except just to suggest that they might need to learn more about bitcoin before they are spouting out their wrongly informed opinions... and surely they might be very smart and articulate so it is very difficult to argue with those kinds of people, even if they are ultimately wrong about bitcoin...and they likely do not have more than 50 hours studying bitcoin, since if they were to have at least 50 hours studying bitcoin, then they likely would end up with smarter ideas.. .. and yeah, maybe some folks need 100 hours, yet if surely they have to actually be dealing with honest bitcoin information sources rather than bad sources.