Quote from: JayJuanGee on Today at 03:50:59 AM

Quote from: sotelorene on May 29, 2025, 07:21:41 PM

Quote from: Stormisover on May 29, 2025, 03:27:44 PM

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I totally agree with you and I think some people do misunderstood this invest with what you can afford to let go or lose, investing with what you can afford to let go doesn't necessarily mean one should invest with a little amount of money, the amount can be big but based on your capacity you can afford to let it go. We should invest in line with our capacity and that which we can afford to lose doesn't necessarily mean small because there are people who still doesn't understand the meaning of that statement and they are making mistake with in there investment ( investing little even when they can invest with more than the amount they are using and still be okay).

Invest no more than you can afford to lose does have a psychological component to it, so in some sense the investment should not go beyond your discretionary income, but it also should not go beyond what you would be willing to lose... so the amount has to be truly extra money that you are willing to commit to the investment, and sure there is a balance that you are wanting your investment into bitcoin to be profitable, but you are also balancing the amount with a realization that you could en up losing your investment into bitcoin since it is not guaranteed to NOT lose..

So far, a lot of folks have chosen not to invest into bitcoin, yet those who have chosen to invest into bitcoin are doing quite well relative to the ones who chose not to invest into bitcoin.

Quote from: kanftka on May 29, 2025, 09:02:18 PM

Quote from: JayJuanGee on May 29, 2025, 06:44:39 PM

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True, BTC can either dip or not we can’t 100% be accurate on that, but what we should try understanding is every dip or price BTC appears to be is definitely a buying opportunity if we get the long term picture..
Based on my understanding Bitcoin does not reward those who panic, it rewards those who stay patient and keep adding to their bag. Whether it’s $70K or $110K or right now at $105K, what really matters is that we should keep buying consistently and keep building our bag. I learnt this and would keep accumulating BTC for the next years to come..

We should know this is not just about short term price moves, it is about being part of something much bigger. Also Dan Held said, there will always be dips. The ones who come out on top are not the smartest traders, they’re the ones who stay committed and keep accumulating over time.

So yeah, keep buying every dip and price you find BTC and keep hodling. That’s how we WIN.

Yeah, but aren't you also holding up to 20% of your bitcoin investment size in shitcoins? I am not sure if I believe that you are practicing what you preach, and you are also still pretty new here (only 1 month) in terms of how long you may have had been buying bitcoin and having experiences that go beyond your forum registration date, and maybe you might want to better introduce yourself rather than just spouting out general bitcoin investment principles... Sure, you are not the ONLY one who does that, but it is good for us to try to get to know guys who are claiming to be talking from experiences.. but then at the same time being somewhat friendly to shitcoins, which is not generally a topic of this thread.

It is obvious I am pretty new here, and yeah, before joining the forum, I already had a way I managed my portfolio initially, I am not here to pretend that I am some OG in this space. I’m still growing which I mentioned in one of my other posts. I also mentioned that I am new to accumulating Bitcoin. Now, since I joined the forum and have also been doing the little research I could, I’ve been getting different perspectives on investment from you all and several crypto pals who have been in the game way longer than myself which is obviously giving me a new perspective entirely.

It’s true that my previous investment plan might not have changed as it was my starting point before joining the forum, the only difference is I kept adding to BTC only.. Since then, I have already started seeing thing differently, seriously reconsidering my allocation as I am gaining new and better perspectives in here on the forum. And honestly, I believe one of the most important things I should be doing right now is unlearning and relearning. And trust me, I’m 100% willing to do that.
As for practicing what I preach, I am not preaching perfection, I am just sharing where I’m at and what I’m trying to improve. If anything, my posts reflect my current journey: not from a place of authority, but from someone actively shifting toward a more BTC focused approach.

And you are right, I have not done a full introduction maybe I should have started there. I am just here to be part of the conversation like everyone else, to learn, and to grow alongside others. I respect the direction of each thread and will stay aligned with it. My intention is not to promote altcoins here but to be open about where i am coming from and where I’m heading…

Quote from: Tungbulu on Today at 01:13:32 AM

Quote from: JayJuanGee on May 29, 2025, 07:09:16 PM

Quote from: ginsan on May 29, 2025, 06:58:25 PM

Quote from: JayJuanGee on May 29, 2025, 06:44:39 PM

In summary, sure it is possible that BTC prices might dip more from here, yet they might not... so any low coiners or no coiners should be focusing on buying bitcoin persistently, consistently, regularly, ongoingly and perhaps even aggressively, whether or not there might be further dips from here (currently in the last 4-5 hours bouncing in the lower $106ks).

You are right, direct purchases are better to do. To be consistent in accumulating bitcoins, of course, the faster the better.
I often hear a saying in running an investment where holding cash is a stupid act, however, the cash available can be converted into bitcoin if he immediately presses the buy button.

Talking about the price going down today or tomorrow or even next month, it won't be a problem or won't worry. Because as long as the accumulation continues, an investor will be comfortable with any price, whether it goes down or up, he will still press the buy button.

Of course, my big opinion is that bitcoin will have a stronger chance of rising because of the increasing buying demand. Even so, we remain loyal to continue holding while continuing to follow up on purchases with the DCA strategy.

There surely could be guys who are starting to let up upon their regular, persistent, ongoing, consistent and perhaps even aggressive buying of bitcoin based on their perceptions of their having had reached and/or exceeded their BTC accumulation target.. so then they change their strategies. Even though not impossible, I have difficulties imagining anyone with fewer than 4 years buying bitcoin having had reached that stage of their BTC accumulation status, yet. But sure, anything is possible, including some guys having formulas (and bitcoin valuation systems) different from my own.

It's indeed very possible and also crucial for investors to continually reassess their investment strategies and of course make certain adjustments where and/or when necessary, but this should mostly be based on the investor's progress and goals.
There should certainly be some of a shift in strategy, especially for investors who feels they've met or exceeded their financial targets, at this point, they might consider reducing the frequency and/or the amount they initially used when accumulating Bitcoin.

Yeah, it can indeed take way much longer time than 4 years to reach a fuck you status or a state of overaccumulation, although the timeframe may also pretty much depend on several factors, such as the investment amount, the investor's individual financial goals and of course Bitcoin's price trajectory at this period of time.
It's quite possible for different individuals to have diverse approaches to measure or calculate their financial targets as well as when it also comes to evaluating their progress. And we can say for sure that these are the major factors that influences the individual's decisions.

I feel that I had gotten to overaccumulation status in less than 4 years, yet I was thinking about overaccumulation in a different way back in 2015-ish by the time that I had concluded that I had gotten to such status.

So I am open to considering various ways of calculating overaccumulation status, even though I think that some guys are mistaken when they are proclaiming that they are at such overaccumulation status... so then the next questions would regard how they would adjust their ways of dealing with their bitcoin holdings, and so likely the plan regarding what to do next would be important, yet if a guy has not figured out some way of valuating his holdings to proclaim that he is at overaccumulation status, and if he is still trying to accumulate bitcoin, then the next questions might related to his level of aggressiveness in accumulating bitcoin and if he has changed from aggressive accumulation to some form of moderated aggressiveness in his bitcoin accumulation. Guys should be able to make these kinds of assessments and to make adjustments to his bitcoin accumulation and/or maintenance approaches based on such assessments.
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