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Scraped on 18/08/2025, 13:41:04 UTC
Quote from: Silikiem on August 18, 2025, 11:36:23 AM
Quote from: Bd officer on August 18, 2025, 04:20:14 AM
However, the price has come down a little from the highest ATH price, so investors should not panic here but should take advantage of the opportunity to buy at a low price.

I’m finding this statement here quite contradictory and misleading because for me, as a long term bitcoin investor whose initial strategy have always been to consistently accumulate bitcoin and hodl for the long term goal using my discretionary income to accumulate through the DCA method, I don’t have any business with the price of bitcoin before I accumulate bitcoin. I only accumulate when I’m able to figure out a discretionary income to buy with, regardless of the  price weather high or low. and advising people to buy now simply because the price is low seems somewhat contradictory and misleading especially to the newbies who newly joined the league, they may be thinking that it’s only when the price of bitcoin is low that’s when it’s best for them to accumulate and invest in bitcoin even when they have figured out a discretionary income to invest with, they might still have to wait till the price goes even more lower before they can start accumulating, which for me I think is a very bad investment approach or strategy which is capable of making one to lose some investment opportunities and at a point could cost you to abandon your investment simply because you’re waiting and wanting to accumulate when the price gets lower.
Their is nothing misleading in that statement here, he is just pointing out that this current price is another opportunity to buy at the dip, not mandatory that you should only buy at the dip.
It's true that as a new investor that is just coming into Bitcoin investment, you shouldn't pay much attention to the price of bitcoin when buying because it value is already cheap when compared to how much it might be in the future, so focusing on the price before buying is not necessary, but take note that buying the dip is not a bad thing, what's bad is waiting for the dip before buying.
Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 18/08/2025, 13:36:43 UTC
Quote from: Silikiem on August 18, 2025, 11:36:23 AM
Quote from: Bd officer on August 18, 2025, 04:20:14 AM
However, the price has come down a little from the highest ATH price, so investors should not panic here but should take advantage of the opportunity to buy at a low price.

I’m finding this statement here quite contradictory and misleading because for me, as a long term bitcoin investor whose initial strategy have always been to consistently accumulate bitcoin and hodl for the long term goal using my discretionary income to accumulate through the DCA method, I don’t have any business with the price of bitcoin before I accumulate bitcoin. I only accumulate when I’m able to figure out a discretionary income to buy with, regardless of the  price weather high or low. and advising people to buy now simply because the price is low seems somewhat contradictory and misleading especially to the newbies who newly joined the league, they may be thinking that it’s only when the price of bitcoin is low that’s when it’s best for them to accumulate and invest in bitcoin even when they have figured out a discretionary income to invest with, they might still have to wait till the price goes even more lower before they can start accumulating, which for me I think is a very bad investment approach or strategy which is capable of making one to lose some investment opportunities and at a point could cost you to abandon your investment simply because you’re waiting and wanting to accumulate when the price gets lower.
Their is nothing misleading in that statement here, he is just pointing out that this current price is another opportunity to buy at the dip, not mandatory that you should only buy at the dip.
It's true that as a new investor that is just coming into Bitcoin investment, you shouldn't pay much attention to the price of bitcoin when buying because it value is already cheap when compared to how much it might be in the future, so focusing on the price before buying is not necessary.