We've yet a more recent ATH of $109608, congratulations to all holders. The bulls are getting angrier. I'm looking forward to seeing more promising performance from BTC going forward

A few months ago, the bitcoin price was between 70K to 80K and there was too much bearish momentum. At that time, most of the people were saying that we may drop to 50K or 60K and people were panicking to sell their holdings. However, once again we saw that bitcoin recovered and moved to almost a new high. Most of the people wouldn't imagine that bitcoin can reach those levels again so quickly.

These recent price actions from 109--74--109 show the power of buying the dip and holding. You cannot get a perfect example of Holding and not panic selling when there is too much fear in the market.

Yes, I have stated in the previous post that the best purchase is at the present time, meaning that if you press the buy button, you have already got the best moment in accumulating bitcoin. At a price of $75k or below $80k, many of them are still worried that the price of btc will fall again, but now the price of btc has recorded a new high. Who is happy with today's movement situation, of course they are bitcoin holders.

I think the price could continue to rise because the demand for buying bitcoin continues to increase, those who did not buy below $80k now is the time for them to buy.

So it is better to make purchases in stages every week with DCA, then we will always find the best entry every week like below $100k which we have seen before. Now btc is trying to reach $110k, I don't think it's a difficult path, I even think it can continue to rise.

This is the reason why we advocate HODLING. It's for the sake of those believers that wants to get farther from holding Bitcoin.

No doubt that we're going to see more as Bitcoin moves forward. This is just the start of it after it has broke its former ATH. We should be ready to get onto the next ATH any moment soon.

Or if from those speculations about $120k is going to be the peak of this or either $200k. We'll never know but we're all happy with what we're seeing right now, hopefully this lasts longer.

Weekly or anytime when someone has their money. This is a long game that they need to understand. If they're looking at 6 figures now, there's gonna be more if they stick around.

I really want to correct one impression because it appears that so many here fails to understand that emergency funds is not only crucial for bitcoin investors even as an individual who is not into bitcoin investment needs emergency funds because nobody can predict the future,so as such in order not to be carried away by the wind ones needs an emergency funds. As regards to bitcoin investment not having an emergency funds shouldn't be an excuse for not starting accumulating bitcoin because one can be accumulating bitcoin at the same time while building up his emergency funds.

Emergency funds are needed to protect your Bitcoin holdings from any danger, whenever you use an emergency fund, you can immediately plan your investments according to the right plan and make your investments long-term. There are many Bitcoin holders who do not use emergency funds, they face the danger of taking their Bitcoins to their destination according to the plan.
And maybe after a while they have to sell their Bitcoin holdings and face different situations. Make investments that you can use for a long time according to the plan, that is why it is of course most important to have an emergency fund.

You seem to be saying profit is not guaranteed, even though it is guaranteed to do better than keeping money in fiat... which is not a true statement.

Sure, many of us invest in bitcoin since we know that fiat is guaranteed to devalue, yet that still does not mean that bitcoin will perform better than fiat.


The two of you are saying very similar things, yet it seems that Sim_Card's comment got you to clarify that you can build your emergency fund at the same time that you are investing in bitcoin, and surely even a no coiner might start investing into bitcoin right away, since many normies will tend to have back up funds that are enough to cover 2-6 weeks in duration... so surely with bitcoin we are likely going to want to build our emergency funds up to at least 3 months, especially once we might have had invested 3 months of our income(or size of our expenses) into bitcoin.

With bitcoin one of the most important things is getting started, and surely the only thing that a person needs to get started investing into bitcoin is discretionary income, and surely if a person knows he has discretionary income yet his finances and/or psychology are in bad places, he can still work on improving his finances, his cashflow management and his psychology may will improve with putting into place good cashflow management and/or investment practices..and surely it could take several years to really start to build a bitcoin investment, cashflow management and to get other aspects of a person's finances, in order.

An investor and a common man both have an emergency fund, which plays an equal role or is very important for both. If a person does not invest, then if he is in the midst of any kind of financial disaster, then how will he face that danger, so an emergency fund is very important for everyone.

If someone does not have an emergency fund, then he can create an emergency fund along with the investment. For example, if someone wants to invest $ 10, then he should keep some amount like $ 2 for the emergency fund and continue investing with the remaining $ 8. Without an emergency fund, your investment will be very risky.

This is all laying emphasis on the importance and essence of getting started with investing in Bitcoin, even if you're only doing so with your discretionary income. And when it comes to building an emergency fund and accumulating Bitcoin, we can consider them to be mutually exclusive and also very possible to do both simultaneously if you've got the capability to. As a matter of fact, when there's a solid emergency fund in place can give investors that ease and comfort when taking on the volatility associated with Bitcoin.

It's also very crucial for every investor to take note of the fact that investing in Bitcoin isn't just a day thing, it's more of a long term journey and it takes lots of time to be able to build a significant position. By starting early (even if it's small) and staying consistent, it becomes possible for investors to work towards achieving their long term financial goals and also improve their financial habits as well as their cashflow management simultaneously.

Again, when an investor is quite dedicated to investing in Bitcoin, it can in several ways help the individual develop a much better financial discipline and some sort of mental/physcological resilience. Individuals can be able to build habits that can help them in other areas of their lives when they commit themselves to a regular investment plan. This will not only help them in their finances or investmentd but also several other areas of their lives.
Finally, the key remains to avoid waiting for the right time or for everything to be perfect first before taking action, no time is perfect or right to start investing in bitcoin, take action now and start building momentum rather than waiting around for nothing.