Quote from: Barikui1 on Today at 07:41:53 AM

Quote from: LGD2Business on Today at 06:15:09 AM

There's no need to get confused. You can buy Bitcoin regularly. DCA is the most reliable method.
What I meant was that buying coins at 110k right now is more profitable than buying at 120k. (Isn't that obvious?) And as long as it doesn't drop below 100k, there's no need to worry as the positive trend will continue.

I find this your highlighted statement very troubling because I think that you are not passing the right information or I should you are investing with a traders mentality which is absolutely wrong. For a Bitcoin investor to accumulate and hold for the future without being myopic, he has to invest without paying attention to any form of trend, it's traders that get obsessed about trend because they are only thinking short term.

I don't really see the argument here, because from the post of LGD2Business he not advising anyone to wait for the dip for them to buy bitcoin neither was he advising anyone to buy low and sell high. He was only giving an explanation and maybe you misunderstood him. From his post he's a supporter of dca method and a long term investor. From what I got from his post, he was saying do your dca continuously and if you see opportunity in the market as we have currently and you have money saved up to front load your portfolio, that an investor shouldn't miss such an opportunity.

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Just take a look at your statement again, you said this and I

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And as long as it doesn't drop below 100k, there's no need to worry as the positive trend will continue.

bro this statement entails that you are going to start panicking if it drops below $100k, or as Bitcoin Investors, are we now chasing trends? No, it's a terrible way to invest in Bitcoin if you are really think long term about it.

As I read from the post, he was advising a newbie, and you and I know that newbies tends to worry themselves unnecessarily when there is a correction. Especially if the dip last for some time more than expected. Judging from LGD2Business account you will see that he has spent years in bitcoin investment, and he has seen many bear and bull seasons, and even if bitcoin go below $100k it won't move him as he has developed thick skin about these market ups and downs. In this particular post he was only advising the newbie.