Of course everyone hopes to buy when Dip and Hold then sells when it is a big profit, when the price of $ 50k in 2021 I think it is the price of Dip so many buy, have the opportunity to sell when the price is more than $ 65k but I'm too optimistic so that it continues Hold and the result is that I lost more than 50% my money.

Yes, because everyone want to be happy when the price increase higher in the market. Now that the price of Bitcoin is still low in the market, it will be favourable for anyone that wish to buy and hold for the price to increase higher, because the price is changing gradually in the market that is making people happy that the price will reach $100k before the end of this year 2022. No matter what you lost in the past, I believe you will definitely recover them when the price move to $70k before the  end of this month.

Thats slang really because very few people ever use gold as currency or asset.     Thats a point in its favor I guess that  its not overly popular, over played like the enforced FIAT standards have surely worn thin.

I've traded and held literal digital gold.  It was done centrally by a vault operator and sold online in very small amounts which appeals to the common pauper folk.   Micro gold isnt cheap but this was purely the market price split precisely quite nice I thought.  In the end it was a big problem because they didnt like I held too much, obviously I was thinking price would rise I had not sold much and that rise did occur after years.
  Its the usual never ending red tape nonsense and obviously they already had everything same as any bank account.  It is tax free in alot of places so I guess more closely watched.
   Took half a year I could do nothing and eventually they allow me own then sell my actual holdings, if I'd needed the cash to pay a medical bill or whatever meantime it'd have been useless but too bad tough luck thats how it works unfortunately.


It hasnt started is probably more accurate still.   I wont believe its at an end till the whole process of continual debt recycling and deficit spending as modern magic is shown as a trick not anything that works to the benefit of society or economies which have suffered its existence for so long.

What are you going to do then?  merely whine about the BTC price being lower than it used to be?

Do you believe that there could be some value in either DCA'ing, buying on the dip or some other variations of such actions at this point?

I do understand the idea of running out of money as the BTC price had been dipping, so if you bought on the dip down to $50k, then you might have run out of money, but that dip down to $50k was quite a few months ago.  Do you have any cashflow coming in?

Ultimately it is your choice about how much you want to invest into bitcoin and how to treat the BTC price actions, and part of the ideas that are being discussed in this thread do have to do with ongoingly accumulating bitcoin and what kinds of strategies that you might consider along the way.

Your forum registration date is April 2017, so surely you have had more than 5 years to employ a variety of strategies to accumulate BTC, and I would think that there have been decent chances for you to have a decent BTC position, merely with some kind of a DCA strategy.. so for example, if you had been DCA buying about $100 BTC per week for the past 5-ish years (since your forum registration date), then you would have spent around $27.8k but you would have about 3.5 BTC, so you would be decently in profits right now.  Of course, people make mistakes along the way, but 5 years investing in bitcoin, even using pretty conservative numbers, would likely put you in a decently good place.

There is no reason to believe that continuing with a DCA strategy and/or supplementing such strategy with buying on dips will not continue to serve as a decent strategy into the future, especially if you have a timeline of 5 years or longer from now.. but of course, if your timeline is shorter then it might be a bit more ambiguous regarding what are the likelihood of achieving decently good results from such investment plan.. and surely there are no guarantees either, even if shorter time horizons do seem to provide more ambiguity regarding what your past performance might have been between some time period in the past and today.. but going by your forum registration date, it seems that you have had pretty decent chances to have had performed fairly well if you had taken a prudent and reasonable BTC accumulation strategy that would have involved consistently investing into BTC.


This thread is not about cashing out or valuing your wealth in dollars.. .. so fuck off with that nonsense..

We are talking about long term accumulating BTC.. so hopefully you are able to figure out ways to accumulate BTC with a 4-10 year or even a longer time horizon involved rather than thinking about short-term nonsense involving getting in and out of BTC which surely seems to be a worse strategy than merely ongoingly accumulating BTC... until you reach a decent quantity of BTC rather that holding dollars or some other asset or currency that is likely even less valuable (over the long term) than something like BTC..


Even if you might have been joking (or sarcastic?).. it is not easy to treat you seriously, Zanab247 when you are coming out with nonsense like that.. $70k by the end of the month? or even by the end of next month?  you seem to be in fantasy landia.


You think that you know what the fuck you are talking about? 

I know that you are a smart guy, but Jeez... gotta wonder why you are spouting out dumb big blocker (BSV) talking points, and hopefully you are not so brainwashed to be investing in that crap, as compared with actual bitcoin (BTC.. have you heard of it?)  Have you heard about bitcoin's various value propositions that are not merely contained in some dumb and largely untrue slogan like the one you spouted out above.

By the way, bitcoin is currently quite capable of serving as peer to peer cash.. have you tried it, recently?


Well, your discussion of bitcoin as comparable to gold, and likely responding to sgbett's post, seems to highlight the point that bitcoin is likely around 1,000x better than gold in a variety of ways, even though BTC's price (reflected in market cap) is about 1/20th of the size of gold's market cap.   

Surely, relative to gold, overall bitcoin is going to quite easily match gold's market cap in the coming 4-10 years (and likely exceed it too), but it could take 100-200 or even more years for BTC to reach around 1,000x the market cap of gold.... quite likely a lot of battles and also some facts that we still do not really know.. and even developments that we don't really know because one thing about the future, is that it is not really known in advance, so we can merely attempt to make our best approximations about how to attempt to prepare for it based on information that we have now, and maybe even maintain enough flexibilities in our own finances and psychology in order to tweak and/or adapt our strategies based on new information that comes about..


This thread is not about altcoins.. fuck altcoins.. they are also known as shitcoins, if you had not heard that term previously.  #justsaying.. you will thank me later (perhaps?, if your ego does not get in the way      ).. 

I am also the one who bought some coins including bitcoin, and after buying it forget it. We'll wait when it goes up again, I believe in this way we will be able to get big profits because the price of the coin is now down or low, very suitable for long-term investments.

right now it is very suitable to buy and invest long-term, but what if you have bought at a high price when the Bitcoin price is still at $50k?,
I hope that for all it is better to avoid long-term holding, because cryptocurrencies are very risky.

ATH last year was over 60k so 50k must not be considered as a dip but it can still be normal decline in the price or can also be a correction but when you say dip, it should mean a severe decline in the price but anyways, any decline (small or big) is still a buying opportunity that shouldn't be missed because we never know what if the decline won't continue and there will be an instant recovery or another ath/bull run?

Everything that is too much is bad and that is why you fail right there but that should serve as a lesson to you that next time you might need to sell once the value cross on your buying price. Sometimes it's better to earn small than not earning anything at all.

DIP will be difficult to predict, especially in a bear market like now, many say $15k, some say $17k and some even say Bitcoin will dump to $10k,
to be honest I really don't believe it. I just believe Bitcoin is the future, and this bear market Bitcoin can indeed dump and pump again,
so make sure we have a good strategy to deal with situations like this.

But it would not be wrong to try your best and buy the DIPs during the bear cycle, because buying DIPs lowers your average price of your total Bitcoins purchased, and if your average price is low, the larger your profit during the bull cycle. Plus a lower average price is better for your sanity.


Many people say many things, but I believe in price history. Bitcoin has never stayed below its 200-week SMA for long, and the Pi Cycle Bottom has never been wrong before.

Don't get me wrong.. I am a BIG advocate for DCA especially for anyone in their earlier stages of BTC accumulation, but I am even a BIGGER advocate for attempting to accustom your approach to your own particular personal circumstances, and surely anyone who figures out what are their BTC accumulation targets, then they become way more empowered to be flexible in their approach with their getting closer towards reaching their targets or even being on time (or ahead of schedule) in terms of their timeline to reach their BTC accumulation targets.

Therefore, even though I consider DCA to be the best "getting started" BTC accumulation strategy, buying on dips, lump sum buying and even HODL can end up supplementing such DCA strategies.

I also personally believe that if your budget is not very high, and therefore your extra amount of cashflow that you can invest into bitcoin is also not very high, it could take you 5-10 years before you are even able to move off of a strict BTC accumulation strategy, and at the same time if someone is somewhat trying to study their finances, they might surely feel that they are becoming much more empowered by employing DCA on a regular basis and even strategically tweaking within their DCA approach.. and such feelings of empowerment would thereby grow with the passage of time.. and maybe even if the amounts of dollars that were used to invest into BTC had not felt like very much after a certain amount of time, there may well be needs to study how to improve security and to get those accumulated coins into a kind of cold storage because no one should want to have their coins in any kind of vulnerable place such as on an exchange or somewhere in which security could be compromised or other kinds of ways that you could end up getting parted with the coins that you may well have spent so many years building up.