Quote from: JayJuanGee on June 16, 2025, 09:03:11 PM

It is never a good idea to wait to buy DIP. If you wait to buy DIP, you may fall behind your target. For example, if you wait to buy DIP, you will miss out on many opportunities to buy if the market does not go down as you expected. If you want, you can continue to buy continuously by adopting the DCA method, and when you see a decline in the market, you can buy DIP if you are financially sound.

It is never a good idea to invest in the short term. There is a lot of risk in short term investments, in which the possibility of losing your money is very high. Always aim for long term investments, such as 8 to 10 years. The risk in long term investments is much lower than in short term investments. The market often goes up and down. Do not be afraid of seeing a decline and continue to buy continuously until you have accumulated your target level of Bitcoin in your portfolio

Short term investment is trading and Traders who are already addicted to the art of trading prefer gambling to peace of mind.
Waiting for dips before buying bitcoin is the simplest means to quit bitcoin investment. Bitcoin price at $96k was seen as high. I know of friends who stopped buying while predicting that it would wait still drop back to less than $50k. But here we are, weeks above $100k and still counting. A strict adherence to your DCA approach is all you need, not watching the chart.

Quote from: Proty on June 16, 2025, 10:18:54 PM

The point you have laid out here is really good. waiting for a desire dip is one big mistake many keep repeating, i don't know why someone will choose to waste time to be waiting for some we are not sure of it occurance.waiting for a desire dips is waste of opportunities, is just like some one waiting and hoping to get a good opportunity to work in a high paid company when there are thousands of opportunities in front of him. A perfect example was when bitcoin was around $84k there were people who was speculating that it will dip more to $35k, so they started waiting for it to get to there desire dips but it didn't happen instead the price went up to $100k. so this person missed this opportunity because they were waiting for a desire dip of $35k.
instead of waiting for a desire dip while missing market opportunities, Dca strategy can be used to be accumulating bitcoin instead of waiting since it involves buying at all prices even when it is low or high .

Some investors act like they Know everything about bitcoin. They believe in predicting the next direction bitcoin would go but it's all decisive. Bitcoin volatility has not been properly understood by anyone which is why bitcoin cycles have been used as a better yardstick to expect a leap in price. This is the reason why holding for at least 4-10 years during a continuous buys by DCA. Your bitcoin investment is protected by your backup funds and emergency funds which is why you also need to build them along.

Quote from: Brainnybtc on June 16, 2025, 11:24:36 PM

Most of this guy's that wait for the dip before buying thinks it's the best way to maximize profit because most of them has this mindset of buying low and selling high, so they wait for the market to dip before buying, not knowing that it's the wrong approach to Bitcoin investment, a Bitcoin investor that is only thinking long term should be buying anytime his discretionary income is available irrespective of it current price, because in the future this current price would be a bargain comparing to how high the value of Bitcoin might has rise up to.

If anyone has a stable source of income and plans his finances according to his stable income, he invests continuously and cares less about his stash. The problem is that some people see bitcoin as a main source of income which is why they result to Trading bitcoin.