You will never know, and no one actually knows. We the plebs, and the poors can “only try” to find the DIP, but it’s important that we try than buying blindly at any price.


My advice, find a job, and save. If you have a job, find a second job, and save more. Use that to buy every Bitcoin DIPs, but it’s your choice. You can buy now, or you can buy during the next bear cycle, which I believe will start either this year or the next year if past cycle patterns are to be followed.

The nocoiners’ narrative of the month. “White Power”. Haha.



It’s true that Bitcoin can be used for nefarious reasons, but that’s because Bitcoin is convenient for entities that can’t use, or who are banned from using the legacy banking system. It is working as designed. That’s bullish.

Buy the DIP, and?

Ok.  Falconer.. I agree with you overall because the ideas presented by olib123 are likely going to fuck you out of a lot of profit areas, but there are some issues when you seem to be suggesting ONLY buying on dips.. because sometimes the BTC price does not dip for an extended period of time.

you have been registered on this forum for about the same amount of time as me, so likely you have been through several examples of periods in which the BTC price goes up without really dipping.. so what do you do?  just stop everything?

Let's take our recent example of September 2020 to April 2021.. The BTC price largely went from $10k to $64,895 with only around one period of significant dip..

For the sake of this example, let's say that you have $1k per month of extra cashflow (that you can dedicate towards buying BTC) coming in between September 2020 and April 2021.  What do you do?  Do you buy?  Do you just hold it?  And, you don't know in advance where the BTC price is going.. even though afterwards, you can see where it went.. but while the price is going up between September 2020 and April 2021 you do not really know when the UP is going to stop, right?

I chose September 2020 and April 2021, but we have a lot of examples like that in bitcoin.  Remember April 2019 to June 2019 going from $4,200 to $13,880 without any meaningful dips?  What do you do during those kinds of times?  Of course, we could go further back, but some of that could be messy to describe the period. especially if we look at the various price moves in late 2016 or throughout 2017.

every decrease in bitcoin and altcoins is an opportunity to make a purchase, many people are not able to take advantage of the condition of the decline in price as a step to buy, so when the good trend is happening in bitcoin and altcoins we are not able to benefit from both, I think we should be able to follow the good trend against bitcoin after making a purchase in a correction condition, because that's when we will get the maximum profit

Correct! Let's bear in mind that it's always too good to be true when it comes buying and holding.

And we need to make our own way when it comes analysing the graph instead of listening to those crap content creators in youtube because most of their information is to gain views only not for the safety of our investments.

Let's just be practical as well to prevent risky situation and in order to have a good return after all..

Let's say hypothetically the BTC price goes all the way down to $10k.  Have you already set a sufficient amount of cash away to ladder buy all the way down to $10k... or do you consider your budget based on how long it might take to get there, if it were to get there.

By the way, I believe that the odds of going below something like $23k would be pretty low.. even though it surely is possible to wick below that $23k price point.. .. right now the 200-week moving average is just crossing over $20k, and historically the BTC price has not touched the 200-week moving average very frequently.. and furthermore, usually it would not stay at or near the 200-week moving average for very long and also most of the time we would need to be in a bear market for the 200-week moving average to be even feasible.. and it is not clear that we have entered or that we are likely to enter into a bear market.. yet...   though of course, the Russian armed entrance into Ukraine has sure caused concern that such a set of affairs could trigger such a transition into a bear market..(beyond just a severe correction) for a certain amount of time.. yet to be determined...

Regarding if we happen to be in a correction of a bull market rather than a bear market, then usually the 100-week moving average would be the bottom, and currently the 100-week moving average is at $32k... .. so surely we are close to touching that now, and breaching it could cause further cascading of confidence in BTC and thus cause greater likelihood to break below and perhaps into the $20ks.

For sure, I would not proclaim to know where the bottom might be with any level of certainty.. and surely there can be some value for whales to shake out as many weak hands as possible (especially during times like this).. and our recent moves down seems to show that there well could be more weak hands that are available to be shaken out... 

The next 3 days (72 hours) are critical^tm....   

Investment patterns contain different ways, sometimes people believe bitcoin in the long term will be better, so they adopt the long term as a strategy, really no one can be sure what bitcoin will be in the long term, but hasn't bitcoin shown a fairly improved development from early appearance.
the problem of people investing anywhere is not my business, and it doesn't really matter what they want to do, right now I'm only interested in discussing bitcoin, because this coin has proven to be more stable than others, so try to think wisely to start a discussion with each other.
It's true that it's a waste of time investing in bullshit coins, but we should also appreciate the people who do that, because not everyone can afford to invest in bitcoin.

You are free to believe what you want in terms of bitcoin's contribution to the space and the strength of it as a long term investment, and I believe that bitcoin's long term investment thesis is much stronger today than it was in 2013... so even if the upside price potential has been dampened by some already existing price appreciation, bitcoin likely is amongst the strongest of assets that anyone can invest into, if considering both the upside potential and the downside risk.....

Since bitcoin remains such a great asymmetric upside, there is likely no need to gamble big on it.. just merely invest somewhat aggressively within your budget and likely your investment will profit stupendously and if you are able to have a longer timeline then you are likely to be even better off.... Short term, it is not always clear about whether you will end up being profitable, but a 4-10 year or longer investment timeline would be a good way of thinking about the matter if you have that much ability to invest for at least that long.



Sure.  Each person needs to decide for himself/herself, and sometimes it can take a long time to learn bout something as intricate as bitcoin.  You can spend 10, 100, 1000 hours or more studying and investing time into learning about bitcoin, and there are not too many bitcoin naysayers who spent a lot of time studying it.. but there are quite a few naysayers who don't seem to understand what the fuck bitcoin is.


I don't see why there is any purpose to appreciate people who do dumb shit and gamble... even though there are people who do dumb shit, and they have a right to do dumb shit... no reason to praise them, even if they have rights to do whatever they like.


Don't get distracted with unit bias nonsense..  You can invest $10 per week into bitcoin if you like.. and sure you could measure your progress in satoshis rather than being worried about whether or not you have accumulated a whole bitcoin.  In other words, work with your own budget and don't dilute your own budget by buying a bunch of shit.. if you ave a limited budget, then maybe start out with $10 per week and work your way up to $100 per week or more.. and in the end, you do what you can to build your satoshis stash.. and if you keep building, you will likely be quite grateful that you did it.. especially 4-10 years or longer down the road.

Don't get distracted into bullshit projects, and surely don't get distracted into some stupid ass project merely because it is cheaper and you buy into all those distracting, deceptive bullshit talking points about getting rich quick or that they are the next bitcoin or that bitcoin is inadequate in various ways.. figure out bitcoin first, and then if you still want to invest part into shitcoin nonsense, then do that after you have already established your bitcoin strategy..... but hey, there have been years and years and years of people getting distracted into various shitcoins and then failing/refusing to adequately establish the bitcoin portion of their investment portfolio.. and if you only have $10 to $100  per week that you can invest, it does not make too much sense to allow your budget to get diluted into gambling nonsense... but if you happen to have $1,000 per week then you have more luxury to maybe shave off some of that to play around with shitcoins.. perhaps? perhaps? 

Each person has to decide.. how to apportion their investments, and if they are investing long term or if they are gambling with short term plays.. and if they are trying to do both, then they have to decide how much of their budget to allocate to each and if their budget is big enough to divide up or if they would be better off to build up their portfolio first before getting distracted into gambling that may not end up ever building up their portfolio.

You seem to be avoiding the crux of my question to some extent, philip.

I am not really asking you to give up any more OPsec than you have already done to ask if you already have money that is earmarked and dedicated to such or not.

I do recognize and appreciate both the time and quantity (of down) element.. so surely the way that any of us might approach a matter such as the potential falling of the price of Bitcoin might have to do with both how fast it goes down and how far.

At any given point, we might already have buy orders outstanding or maybe even flagged amounts for various price points.....

I have mentioned several times that I have buy orders down to $20k.. so that has not changed recently... but sometimes there could be justification to change the amounts at each point in the ladder.. and then maybe even to change the increments or how far the buys go down.  

Let's say for example, you have already budgeted that every time that the BTC price goes down $1k, you will buy $300 worth of bitcoin.. but then your buy orders ONLY go down to $20k.. so then new events cause you to speculate that the BTC price could go down lower. .and maybe even that you want to be prepared for the BTC price going down to $1k.. just in case... therefore, either you increase your budget or maybe you do not have any extra cash that you can spare... so maybe you end up having to reduce your buy amounts to $100.. and then maybe once the BTC price goes below $10k for example, instead of buying $100 per each $1k increments, you change that to buying $50 for every $500 increments.

Of course, there are all kinds of ways to structure these kinds of matters, and after my own several years of practicing this matter, I have already figured out it is easier for me psychologically (and perhaps financially too) to keep my BTC buy orders outstanding with a kind of presumption that they are there in case the BTC price crashes down quickly.. but if I start to get close to filling all the buy orders because the BTC price moves down lower and longer than I had anticipated, then I may well have to readjust my orders and my strategy.. just in case and just to have insurance for just in case the BTC price goes down lower.

There have been a few times that I had gotten close to running out of cash.. and for me, the November/December 2018 correction down to $3,124 was a bit worse for me than the March 2020 correction down to $3,850.. and I am not really sure how to attribute my greater level of financial and psychological strength in the 2020 period as compared with the 2018 period, except probably to just recognize that I had fewer demands on the cash flow that I had dedicated to BTC in March 2020 as compared with the demands that I had on my cashflow in late 2018.. and sure another part could have been that the 2020 correction did end up playing out more like a bouncing/wick down event (like a flash crash, as you referred to) rather than the longer draw down and staying down that ended up playing out in 2018 into early 2019.  

Another way to think about the hypothetical could be that a person might have already dedicated $100 for every $1k price drop all the way down to the BTC price going down to $1k.. so that money is already dedicated.. but also to acknowledge that the current preparation is for a kind of "flash crash," while realizing if a "crash" down to $1k were to take 6 months or even up to 36 months to play out, then there would still be likely currently unclear amounts of available cashflow coming in during that time, and that at various points in the next 6 months to 36 months, there would likely be opportunities or even necessities to reassess the amount of cash that has been dedicated on the way down and to reformulate such dedicated cash to the extent that subsequent events (or cashflow reconsiderations) have caused some needs to reassess the amounts and the increments of the dedicated buy on the dip cash.

Maybe it is worth noting that I already recognize and appreciate that your actual current relationship with BTC is more in an accumulation phase than me.. and I consider myself to be more in a maintenance stage.. so sure maybe any of us could still be striving to take advantage of the dip, we still may well consider our own ways of budgeting our money (and psychology) in different ways depending upon where we perceive ourselves to be in terms of how much emphasis we might be giving to BTC accumulation versus BTC portfolio maintenance versus maybe being involved in ongoing liquidation (which if we were to be in a liquidation stage, we might temper our liquidation amounts during periods that we consider to be significant BTC dipping/correction periods).