Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jostern
on 16/05/2025, 14:31:42 UTC
So something has been bugging my mind since and that's the fact Bitcoin is getting too expensive for new folks like me to buy

For your own good, it is better if you do not get distracted, and if we go by your forum registration date, you have been potentially buying bitcoin for nearly 1 year and a half, and it is better that you keep buying for a whole cycle or longer and don't get distracted by the price.  The fact that you are buying means that you are ahead of 99% of the world's population who has not even started to buy bitcoin yet.


Being a dedicated investor who is just entering the bitcoin market newly, the increase of the bitcoin price should be one attractive reason why we must follow the bitcoin investment trends. Perhaps when you see others accumulating hugel, your small amounts purchased can better you than those who are missing out the opportunity. Besides, there is no competition in the investment process and that is why we should always invest what we can afford to tolerate (overlook) in a long term while stay firmly buying as much amount we can afford.
Even if Bitcoin is too expensive, that doesn't mean you need to buy 1 full Bitcoin. Bitcoin give us a freedom to use what way we want to do and determine how much money we can use to invest in Bitcoin continuously. The important thing that we must remember is we need to buy gradually from time to time and not feeling hard because other people doing the same as us.

Many people start from small money to invest in Bitcoin and they still do that until now. So we should do the same as them and if we can only invest with small money, that will be okay because it need consistency to invest in Bitcoin. And we should feel easy to do because we have DCA method that we can use to be our way to start investing in Bitcoin.

That's common mistake of people for thinking about its expensive to buy Bitcoin. The fact that they can buy the smallest unit of it, that determine that they can invest even if they are low budget individual.

Maybe they should eliminate those thinking upon save up then buy a whole Bitcoin. Since if they used the money they have to accumulate right away then do DCA, there's more better chance for them to earn possible huge profit from Bitcoin.

Investing using small amount is fine since what's more important is we start buying and saving for future since there's provably a good chance that we can earn more better rather than getting tempted on short term things. I don't call it as easy since somehow Bitcoin is unpredictable, but if we HODL bitcoin for sure it eliminate the risk and we are fine investing on Bitcoin for long term the same as what they plan to do.

Bitcoin is predictable, to a degree - because we know it won't fall off due to reasons other coins die and stop exisiting / being used at all.

For that, we can be certain - and that propels Bitcoin further than anything else.
Having a knowledge about what Bitcoin is all about is very important and necessary before investing in Bitcoin, Bitcoin is an asset that has come to stay and would remain here, But in order words Bitcoin is a volatile asset in as much as we know all of this we cannot predict the price of Bitcoin and the Successful nature.

Because of the Volatile nature of Bitcoin it would be more wise to invest in Bitcoin because of the Successful nature of Bitcoin, accumulating on a regular Basis is very important for someone who has a goal of accumulating for a very long term and also to HODL, For someone who is a newbie it is advisable to invest using DCA method and try to have a plan of accumulating and hodl, or we can buy and accumulate fraction by fraction and also hodl for a long term.