Quote from: virasog on July 08, 2025, 05:45:27 PM

Quote from: POPOLUV on July 08, 2025, 12:56:17 PM

I agree with you because many investors didn't even have this in mind that, what if preventualy the dip doesn't happen or comes what should be the faith of those investors that are yet to buy aggressively all in the name of waiting for the happen, it is buying and accumulating your Bitcoin investments with DCA strategy, that always gives you the assurance of not losing all you invested on.

People usually take the wrong meaning of "Buy the Dip and Hold". Most people think this is that they will buy when the bitcoin is at its ultimate low levels and then they will buy and hold. If you follow this, you will never be able to buy because you will keep thinking that it may dip more and you never push the buy button.

Instead, the real meaning of buying the dip is that you keep on buying every time the asset (bitcoin) dips, you have the money to buy some at cheap prices. This way, the average buying price will become very reasonable, and it can benefit you in the long run.

I think that there are a lot of us here, who are active in this thread, who consider buying on dip to be inferior to DCA and also problematic for newbies to get overly caught up about BTRC price rather than just ongoingly buying bitcoin regularly, persistently, consistently and perhaps even aggressively, which is quite a bit more difficult to accomplish with a buying a dip strategy, unless the buying the dip strategy merely supplements the DCA and/or even lump sum buying approach.

So, yeah a lot of folks get confused by this thread's title, including the OP author Wind_FURY who frequently flip-flops around on the topic... proclaiming that he is an advocate of buying the dip, then saying he is o.k. with DCA, but then going back to buying the dip as if it were the best way forward, even though he ignores his own history in regards to his having had been disadvantaged by his own employment of waiting rather than ongoing buying strategies.

Quote from: danadc on Today at 12:04:09 AM

Quote from: BITCOIN4X on July 08, 2025, 08:46:32 PM

Actually, I don't agree with the notion that bitcoin can guarantee profits for every holder or investor in the long term. Bitcoin is not a guarantee that you can reap huge profits in the future just by owning it now, but considering the still high growth of interest and its scarcity, the potential to generate profits of up to several percent can be expected. We have to be realistic about the future, no more or no less, bitcoin still has good potential and can be expected.

However, we need to be responsible market participants. I mean, we have to consider any risks that we may not have imagined at the moment and that is important. Planning as well as we can and managing our investments as well as we can is something we try to do, but when it comes to long-term returns, we never know.

But why not? If it guarantees profits those who bought BTC at $20k are already millionaires today, and those who bought with the DCA method, I'm sure, already have more than 1 BTC.

I believe in PlanB's prediction model I also believe in the predictions that BTC can reach $230,000, just as I know it will reach $800,000 at some point, The potential is incalculable, whales and holders are the ones who win the most because they have the most BTC with the DCA method and buying on every dip, I'm already guaranteeing a good fortune in less than 10 years.

I will suggest that it helps to be able to front load an investment, yet not everyone has $100k or $200k that that they can just throw into bitcoin at any given time, and even a person who might have had front loaded into bitcoin in 2022 or even 2023, they might not have had been able to buy a bunch of BTC in the fantasy way that you suggest, which would be spending $200k to buy at around $20k.

Maybe a more realistic scenario might have been a guy who frontloaded $100k in to bitcoin at around $20k (let's say January 2023, which would make it 5 BTC), but then maybe thereafter he invested $1k per week from January 2023 until now, so maybe he invested another $120k since January 2023 and he got another 3-ish BTC.

So he has right around 8 BTC with $220k invested. Still a great place to be but more realistic than just presuming guys come to bitcoin and turn small amounts into millions in a short time.. That sounds a bit fantastical, even though it could have been easier to carry out for guys who might have had accumulated most of his bitcoin prior to 2017... and even then, it would not have had been necessarily an easy path to riches.