I'm happy you are learning, no body is stepping on your toes you are a newbie you need to take correction and learn, when I joined this forum I had to read through a lot of post and I understood a lot of things, and that is what you are suppose to do, you don't have to mention crypto when talking about Bitcoin because is a two different thing, mentioning it is like saying shitcoins and Bitcoin are same thing so we try as much as possible to avoid it so we won't mislead our fellow newbies and truly I understand why it is so here, because some newbies may think because crypto is mentioned here and encourage to buy then shitcoins is good and if that happens one has mislead them, always remember we are not discussing trading in this thread and also not discussing shitcoins.

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC



Link: https://x.com/Saylorsatsire/status/1883800411293077555?t=VbqE-RnAZx2Tr_m2dN4i4w&s=19

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan. 

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

The best way to learn is to take correction and don't take offense when you are been corrected or criticize because what you don't know is far bigger than you, I have also noticed that today is your first time visiting this thread it would have been better you read some pages before posting here so you can understand at least little of what we are discussing here this is a bitcoin discussion thread and not about crypto as the word crypto is highly prohibited in this thread this is because there are other unreliable coin associated with the term crypto which also includes shitcoins so when next you are making such reference be more specific about the particular coin you are talking about if it is bitcoin or shitcoins so there can be more understanding of what you are talking about so that people don't know won't believe that bitcoin and shitcoin are the same because you mentioned the term Crypto.

Hold on for dear life is a strategy of someone who is overly concerned about their bitcoin investment, and it is not the meaning of HODL.  That description was made up by mainstream trying to portray bitcoin in a negative way.  HODL has been a fun abbreviation that started out from a drunken misspelling in a post and the "hold on for dear life" was a made up talking point to try to portray bitcoin as if it were emotionally challenging to figure out a strategy to invest in bitcoin for the long term rather than having mistaken ideas of trading it and wanting to get in and out of it.. the trader's degenerate and confused conceptualization of bitcoin.. which you seem to continue to struggle to snap out of your  trading mindset.  Maybe if you tried to engage in serious dialogue rather than trolling then you might actually figure out that your superficial and negative views of bitcoin are seeming to come from a place of ignorance rather than your attempt to act like you know something about king daddy - (perhaps you are being paid by someone to post several times in a row with such derailing non-sensical non-points?)

There are ways to invest into bitcoin aggressively but not so aggressively that you are emotional about it.  Also if you spend a bit of time learning about bitcoin while you are investing into it, you may well start to appreciate that even if it is not guaranteed to go up, at least it is not guaranteed to go down in purchasing power, which is the case with the dollar (and all other fiat currencies).  Many folks investing into bitcoin and holding it come to realize that it is a good hedge against dollar debasement, and surely if you continue to buy bitcoin and hold it long enough then there are decently good odds that BTC price curve trajectory is  going  to continue to be up and  to the right, which largely means that your options go up, especially if you can get through a cycle or two...and yeah, there are no guarantees, so each person has to figure out a position size that is comfortable to his financial and/or psychological circumstances, which should  not be zero.  

Even though around 99% of the world's population do not have any bitcoin, it would be better for them to get some exposure to bitcoin rather than staying on zero or even being underexposed  to bitcoin.  In recent times, I have frequently been suggesting a 5%  to 25% starting  exposure to  bitcoin, yet individuals are responsible for their own choices regarding their exposure level and if they want to be on the lighter end of  the range or the heavier end of  the range, which their chosen level of exposure to BTC also might also relate back to their finances too rather than merely their beliefs about bitcoin.

I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.

For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.

As long as a lot of people are still having doubts then my faith is strong, cause I know very soon the digital world will overshadow the whole world.
So all I've to do now is to position myself well by accumulating more now that is low (dip), of a truth the price might look funny now but in years to come you'll be in massive return.

There are quite a few beginner investors in bitcoin who accumulate their money every day into bitcoin. Maybe this is caused by their enthusiasm which is still passionate and certainly has money to accumulate every day. I think this is not a problem. Because every Investor is free to invest their money whenever they want. But I personally also prefer to invest money in bitcoin once a week or once every two weeks. Because it feels more comfortable and I don't need to look at the market every day. So psychologically my thinking is also calmer if I buy bitcoin once a week or two.

And regarding someone's belief in bitcoin, perhaps what Laspol65 means is not religious belief but belief in the quality of bitcoin itself. Because indirectly and perhaps without us realizing it, why we buy bitcoin is because we believe that bitcoin is a potentially good investment asset in the future. That's why I think we will definitely still have a sense of trust if we invest in bitcoin. Because this is definitely ingrained automatically in us.

I love what I'm seeing here, it's a good DCA plan. Yes, it's sound religiously to believe Bitcoin and trust the process but it's just a phrase used to express the important of investing in Bitcoin. However, when strategizing your DCA plan it's very important to believe in yourself with the determination to actualize your DCA plan and hold the accumulated Bitcoin asset for long term regardless of the risk and any financial uncertainty that may come up because self motivation and the perseverance for long term plan will enhance the volume of your Bitcoin accumulation to maximize your profit.