Quote from: Wind_FURY on Today at 07:48:48 AM

Quote from: Justbillywitt on August 29, 2025, 03:17:30 PM

Quote from: Wind_FURY on August 29, 2025, 02:52:51 PM

Quote from: Jostern on August 28, 2025, 01:46:36 PM

Quote from: Wind_FURY on August 28, 2025, 07:46:00 AM

My dear fellow PLEBS,
If you didn't buy the DIP yet, it's your opportunity to buy NOW before Bitcoin surges back to $120,000 NEXT WEEK. If you're a DCA investor, DOUBLE your bids and adjust them accordingly when Bitcoin is above $120,000 again.

Our objective is to stack more units of Bitcoin as much as possible during the DIP, and HODL.

Well I’ve not really bought the dip as of now and I don’t know if I will buy the dip as you’ve suggested for we dear plebs, and I’m a bit confused when you said bitcoin will surge back to $120,000 next week, how are you really sure that will happen next week, Do you mean to tell us that you can predict the Bitcoin price market, what it will eventually be next week, well buying the dip isn’t mandatory, since you said it’s an opportunity and there are people who might not have the opportunity to buy the dip and that doesn’t mean that we plebs can’t continue buying through the DCA method and also trying to work on my finances to adjust to accumulating more Bitcoin into my portfolio, I’m not a fan of waiting to buy the dip, I will prefer a situation where I have to buy Bitcoin on a regular basis, and probably when I have an opportunity and some leftover money which I have kept specifically for buying an unprecedented opportunity for a dip buying, then I could literally consider making that huge purchase of buying a dip at once, and that would be more sustainable instead of laying more emphasis on buy that dip, buying the dip isn’t always viable for me.

I'm honestly not really sure if Bitcoin will surge back to $120,000 next week,

It's good that you have now realised this yourself, so I think it's best you should edit your previous post where you initially said that bitcoin will get to that price next week and make necessary adjustments.

It's merely excitement, ser. But we DO know that Bitcoin WILL surge over and ABOVE $120,000 sooner or later, then SURGE again to $250,000, and AGAIN TO $500,000 and ABOVE.
Tell me if I'm lying. Cool

Quote from: Justbillywitt on August 29, 2025, 03:17:30 PM

Quote from: Wind_FURY on August 29, 2025, 02:52:51 PM

WHY? Because sooner or later the Federal Reserve WILL pivot to real Q.E. and turn on the money-printer. BRRRRRRRRRRR.

The federal reserve should do whatever they like, hope we all know that bitcoin is not dependent on them alone to achieve that feat. After all bitcoin got to $124k without the federal reserve "pivoting to real Q.E". so am still optimistic that bitcoin will rise above $120k in the future with or without the federal reserve doing anything. Let investors buy bitcoin at their pace, and not hurriedly looking at whatever the federal reserves are doing.

Ser, study M2. I has been growing without Q.E., and it will DEFINITELY grow MORE with Q.E.

You get yourself in trouble Wind_FURY because you tend to speak in absolutes and then you end up waffling on what you had said.

Earlier you were saying that you were waiting for long term cycle dips before you buy bitcoin, yet not too many people are on board with that kind of an approach, and perhaps not even you are believing in that kind of an approach since if you really think about the matter, you were already employing your approach to bitcoin in 2019-ish when you started this thread and when you more aggressively started to buy bitcoin, even though you were registered on the forum for 3 years earlier, but you were not buying at that time, you were waiting.. and sure you got the post 2017 dip, but you probably would have had been better off to be buying from the start in mid to late 2016 when bitcoin prices were between $400 and $900 rather than waiting until the post 2017 correction, when bitcoin prices barely got below (or stayed below) $4k for very long.. So you end up buying 5x to 15x higher, even though you rationalize that you were buying on the dip.

Then recently you get it in your head that bitcoin is going up a lot in the near future, so you are back to your April 2019 mentality to buy every dip because in your head, the BTC price is going up... .. which sure it might be true.. but guys still might ONLY be so limited in how aggressive that they can become, since maybe some guys have been following this thread and/or various DCA practices for 1-3 year or maybe even longer, and they have already figured out that there is quite a bit of advantage to already ongoingly employing aggressive buying and there is no need to change their level of aggressiveness even more merely because there had been a 10% to 14% dip in BTC's price.

So then in more recent times you are getting excited again about our various dips, and you are proclaiming that guys should increase their level of aggressiveness to buy the dip and you even put a timeline on when the dip will happen and when it will recover.. which did not seem to go to well with guys here, so then you start to revert back to saying that bitcoin prices are going up sooner or later (even if your timeline ends up being incorrect), so sure you might be correct, yet you are still wanting to argue that guys can rest assured to increase their level of aggressiveness to buy the dip. Maybe you cannot help yourself? You get excited, and sure you likely are not incorrect that the odds for up seem greater than the odds for down, yet we still don't know, and so it makes it difficult for any of us to be doubling and/or tripling down on these current dips rather than trying to protect ourselves in terms of our own finances and psychology - things within our control.

It seems that the pushback that you are getting are both in regards to the specifics of your earlier timeline for dips and recovery and then also newbie guys seem to be less receptive to the idea of significantly changing their level of aggressiveness based on both uncertainties regarding the dip but also that changing their aggressiveness levels might otherwise screw up their cashflow management practices and/or systems. So it seems to be somewhat counter productive for guys to be changing aggressiveness levels based on BTC price moves (and speculation) rather than perhaps changing aggressiveness by knowable, such as how strong their cashflow management systems are.

Quote from: Popkon6 on Today at 11:43:56 AM

The first thing to do in Bitcoin investment is to take risks, and the second thing is to choose a wallet. Yesterday, a very close person of mine took advice from me on Bitcoin investment, and I gave him the right advice and told him to use a suitable wallet. But my friend had deposited his money in the exchange using his local currency, and the wallet was already damaged, which was the kucoin exchange wallet. And at present, my friend is very disappointed that the money he had saved in Bitcoin with his hard work is currently stuck, even though my friend listened to everything I said, he avoided this issue of choosing a wallet.
As a result, he regretted to me that all his money was wasted because he did not listen to one word, so I want to warn everyone that if you follow the Bitcoin DCA method using your local currency, then it is most important to save it in a suitable wallet. And I also say that you should not keep all your eggs in one basket, so a strong wallet definitely plays a very important role in Bitcoin investment.

Usually open source wallets are better than wallets controlled by exchanges. You are hardly getting any advantage in putting your coins on an exchange wallet as compared with an exchange, since exchange wallets are most likely closed source so they could have back doors for monitoring and potentially access to contents. Each of us needs to try to figure out our level of privacy and security and surely if we are barely starting out, we might not need to spend a lot of time figuring out wallet matters, yet the more value we build up into bitcoin the more we likely need to improve our privacy and our security.

There are a variety of websites that could help and sure some of them are lying or not very well informed about the topic:

I think that the bitcoin hole website is a good website that lists mostly open sourced hardware and software wallets and shows a lot of the features that mostly bitcoin wallets have.

https://thebitcoinhole.com/hardware-wallets

There is also athena alpha that rates some of the top bitcoin hardware wallets (even though some of the hardware wallets also include shitcoins): https://www.athena-alpha.com/crypto-wallets/compare/#

Quote from: Grace333 on Today at 04:45:32 PM

Quote from: Futurexxx on Today at 08:34:24 AM

Quote from: SPIDERMAN008 on Today at 07:04:08 AM

Those who invest in Bitcoin with the mentality of trading and hope to become rich quickly by investing in short-term investments can never do well. Investing in Bitcoin is not for short-term. It should be invested regularly for a long time. Because the price of Bitcoin fluctuates a lot. So investing in one or two years does not make sense. Investing in Bitcoin should definitely be continued for at least 4 years. Those who have invested for less than 6 months have made less profit or have faced losses.

This is why most Investors fails in their investment because they are ignorant or I will say they are impatient to the extent that they can't just wait till their investment gets mature in the future. Sometimes newbies are just ignorant to the fact that for you to attain success in your Bitcoin investment, you must accumulate and hold Bitcoin for the minimum of 10 years interval, after that, if you have not gotten to that over accumulation status, you just continue with your accumulation till you have gotten to that over accumulation status, because I am positive that Bitcoin might have done more than 5 to 10x of it current price, so investment in Bitcoin with the aim for the future is the best possible way to be successful in it.

One big mistake a lot of people make is thinking Bitcoin is some get rich quick ticket, when in reality it is the complete opposite. Patience is literally the whole game here. If someone can not stomach holding for years, then they will likely get shakes out during the dips and end up regretting it later. Bitcoin rewards those who think long term, not those who panic or chase short term flips.

I also like that you mentioned the over accumulation point, because that is really how you build real wealth in this space, keep stacking, keep holding, and let time do the heavy lifting.. Ten years might sound like forever, but looking back, people who held even just half that time are already living proof of what patience can do..

There are many normal people who might spend 30-40 years or longer working to build up a retirement and to hope to get to fuck you status so that they don't have to work anymore, but they can still maintain their prior standard of living - or perhaps either to improve it or not to greatly decrease in their standard of living.

So it can be quite difficult to figure out where to put one's value, and even though bitcoin is not guaranteed to do better than other places, there surely seem to continue to be good odds that guys who are investing into bitcoin may well have decently good chances to reduce their time to get to fuck you status in half or perhaps less than half - such as 15-20 years or less.. which surely would be a better thing, if it is possible and if guys don't screw it up by being overly risky in their approach to bitcoin.

Of course, in bitcoin's earlier years, there have been guys who had been able to reach fuck you status in less than 10 years, yet it may well be more difficult to accomplish in less than 10 years for guys starting out from the beginning and without any other investments, absent some abilities to either frontload their investment or being able to invest on the more aggressive side, such as greater than 25% of their yearly income without recking themselves. .. so frequently my own suggestion revolves around guys trying to invest as aggressively as they can without recking themselves, and it is up to them to figure out where that line is, since sometimes if they cross too far over the line there might not be recovery (or at least recovery might be extremely painful).