Quote from: Scarlett_23 on Today at 04:20:21 AM

Quote from: Silikiem on August 25, 2025, 09:08:18 PM

Quote from: l99l on August 25, 2025, 05:47:41 PM

Continuing to save has definitely been a good thing. I'm actually waiting to buy more if it falls below $110,000. I love bears Cheesy

Bears have always been beneficial to me. I'm not in a hurry at all.

I think your statements here is contradictory and somewhat misleading to the newbies who are venturing into bitcoin investment because it’s giving them the mindset to wait until its dip before they can accumulate and invest in bitcoin even when there discretionary income is available to getting started with their accumulation and invest in bitcoin and hodl for the long term goal of consistently and Perherps persistent accumulation and gradually build up their portfolio. Having known that bitcoin investment is a long term investment and in order to achieve some level of success with your investment you must be consistent with your accumulation and hold for the long term without getting to wait until its dip before you accumulate bitcoin. Most times those who waits to buy the dips are mostly traders who are in for a short quick profit mindset, and they panic to sell too quick whenever they noticed a little downturn or correction in the market, and not really true investors with a long term investment strategy. That time you’re using to wait to buy the dip would have been used to accumulate a reasonable amount of bitcoin stash and hold and gradually build up your portfolio. I think waiting to buy the dip especially to the newbie is a wrong investment mindset which they may wait and the dip may not occur, and they end up not even continuing with their accumulation and totally abandoning their investment ambitions.

Long-term investors use patience and consistent investment as their tools. And the DCA method helps them in this. By investing in this way, when the price decreases, they get the opportunity to buy more. However, there are some investors who pay attention to the price and often forget about their consistent investment. Again, when the opportunity comes late, they stop investing regularly, which leads them down the wrong way .

They suffer in two ways: first, by stopping investment and second, by waiting for the opportunity. Therefore, new investors must remember that only the numbers are important. It does not matter whether the amount is less or more.

Only if you follow the consistency in accordance with your income will it be worthwhile to buy dips.

Confidence is the biggest thing. And only confident people succeed. You will face many problems and dangers while investing in Bitcoin for the long term. If you can move forward with confidence during that time, then only you will be able to succeed in your investment. Many people think that investing for the long term is a matter of time. Yes, it is a matter of time, but if you want to grow your portfolio, then you must have this plan in you. You will invest for 10 years anyway. In these 10 years, you will be able to increase your investment more and understand a lot about Bitcoin.

Being an investor. It is like a farmer cultivating crops in the field. Just as a farmer waits to get the harvest from the crops. Similarly, an investor waits to get the profit from his investment.