It is not a bad thing to buy the dip and hold buddy,
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It’s a very bad investment strategy to buy only in the dips and hold when it comes to bitcoin investment. Saying that it’s not a bad thing to buy the dip is  sending a very wrong message to people especially the newbies because it looks you’re still encouraging people to wait and buy the dip which is a very wrong investment mindset or strategy. This has been debated here often times and we’ve all come to agree that waiting to buy the dip is a bad investment strategy or mindset which really needs to be abolished, and for a dude like Nathrixxx to come up here and promote buying only in the dip you should be able to tell him first hand that it’s truly a bad investment mindset and not to coin words with him. Waiting to buy in the dip is bad as for someone who claims to be an investor, as a matter of fact such individual is not referred to as an investor but a trader because such mindset are perpetuated by those who comes to bitcoin investment just for a sharp quick profit making mindset, this people panic at every bitcoin move and are quick to sell off their holdings even when is not due time and when they also sell even when they are still in their accumulation phase. These people are not true investors as they are capable of abandoning their bitcoin investment totally as they have been waiting to buy the dip which doesn’t occur and they will end up not continuing to invest any more longer. Bitcoin investment is a long term investment and at such everyone venturing in it should treat it accordingly by being patient, consistent, persistent in accumulating bitcoin and hold for the long term goal.

For sure, if we start out and we consider that it could take us 5 years to 30 years to reach our target depending on how things go, and so we might keep working towards the target, which might be just ongoing accumulation of BTC and otherwise having other balances in our lives.

Then as we consider that we are making progress towards the goal, every year or two or maybe even more frequently, we reassess where we are and our progress.  Some periods of reassessment will be deep and other areas of reassessment will be more superficial since we might see that we are still on target.

If we have been working towards our goal and 5 years pass, we might reassess and say that we could have anywhere between 5 to 20 more years to reach our goals, and if we might consider that we are making progress faster than we thought, we might recalculate based on that.

I think that in my earlier years of creating and building financial goals, it frequently seemed to me that I was not making progress quickly, yet I always could see the progress in the numbers, year after year after year, and surely after many years, the compounding of the value seems to start to add up.. and for me it was much greater in bitcoin than it had been in my traditional investments, even though even in bitcoin sometimes I have thought that the progress was slow and sometimes seeming to be stagnant.

The longer we are assessing and reassessing our progress, the more likely we will figure out some more specific ways of measuring whether we have enough and/or more than enough and also to figure out how much of a financial and/or psychological cushion that we might need in order to feel comfortable where we are at or where we are getting close to reaching.


We are largely investing into bitcoin because we think that it is going to have good chances of going up in value, and even though we know it is not guaranteed to go up, we consider that it has good odds of going up.  The more confidence that we have, the more aggressively we invest.

We might not have a lot of confidence but we can still invest more conservatively.  

I think that we should be attempting to be somewhat emotionally and even financially detached from our investment, so we invested and if we are young, we likely have a 10 year or more timeline that we are expecting to stay invested in bitcoin.  If we lose our confidence, we can cash out some or all of our bitcoin. We are never stopped from changing our mind about our investment, and likely we are learning as we go, so if we believe that the strength of bitcoin's investment thesis is going down, then we can decide to get out, even if we should have had been able to get in and have more than a 10 year investment timeline.


You realize that the most that you can lose is 100% of what you had invested into bitcoin, yet there are also chances that your investment could go up in value.

Going by your forum registration date of December 2022 SmartCharpa, you could have had invested into bitcoin heavily in late 2022 and even into 2023 and perhaps even by investing very aggressively for 1 year in 2023, then you might have had been able to get your bitcoin at an average price of right around $25k per BTC,, so depending on how much capital you would have had been able to put into bitcoin (like front loading your investment), then right now your portfolio would be close to 5x in profits.. and not that you are necessarily wanting to trade, but instead you might have just appreciated being able to frontload your bitcoin investment in the first year that you were in bitcoin, and then just let it go from there.

Of course, you could have also supplemented your bitcoin investment by continuing to buy bitcoin after 2023 and even through 2024, and surely not everyone is in a position to front load their bitcoin investment, so then it just tends to take them longer to invest by investing over a whole cycle or two before maybe starting to feel that they are beginning to reach a place where they have enough or more than enough bitcoin.

I guess that part of my point is that if you start building a good stake into bitcoin, then even if you are not planning to sell it, you start to build more confidence and conviction if your BTC holdings had largely gone up 3-5x or more.


Maybe a guy came to bitcoin a bit more than 4 years ago because he heard about bitcoin through the 2021 hype.. and surely even if he started investing sporadically in bitcoin through all of 2021 price peak and maybe his income was not that steady, so some weeks he would buy $10 worth of bitcoin and other weeks he would buy $100 or even more, so then after a whole 4 years of investing into bitcoin, maybe he averaged $70 per week investing into bitcoin since the middle of 2021, and so he had invested around $15.5k and he accumulated 0.41 BTC. Currently, 0.41 BTC has a 200-WMA value of $21.1k and a spot price value of $51k.  If he keeps accumulating bitcoin for another 4-6 years, he may well be in a position in which he can stop accumulating bitcoin..

So yeah, he might still feel that he has a long way to go, but he can see after 4 years that he was making good progress.  We cannot realoy say what the guy should do, but he seems to be in a good place given his consistency in ongoingly buying bitcoin.


Yep.  A person who has reached overaccumulation stage does not need to accumulate any more bitcoin, so yeah, people who are in these stages still might have money on the side to buy the dip if the dip gets low enough, but maybe generally speaking they are no longer regularly buying bitcoin.  If such a person has not started selling, he may just be in a maintenance stage where he is merely holding and so maybe selling later using price based sustainable withdrawal and/or time-based sustainable withdrawal.

Another thing is that he might have other income sources that he is living off of, and maybe he plans to start to employ his withdrawal system at some later point down the road.. and maybe he has a date that he will start.. .like June 1, 2027 or some other date that might relate to his retiring or maybe that he plans to go from fulltime work to part time.. or even to pursue anther kind of work at that point.  There can be various ways of structuring once a guy has calculated that he has enough or more than enough BTC.

Also, if he is measuring the value of his BTC from the 200-WMA, he can also project the rate he expects the 200-WMA to continue to go up and he can continue to monitor it to see if he needs to make any adjustments to how much he might feel that he is able to withdraw.

Let's say that the guy wants to be able to support an $80k per year income, yet his target date is June 1, 2027, yet his BTC stash has already reached an ability to support a $60k per year income, he has 11.75 BTC.   When he looks at the fuck you status chart, he sees that it is projected that only 11.6 BTC is projected to be needed for a $80k per year income in December of this year, and in mid 2027, it is projected that only around 7.5 BTC would be needed to support an $80k per year income, so he figures he has enough and/or more than enough BTC to support his target income at his target time for starting to draw upon such BTC to support such income, even though he can continue to monitor the situation, he feels confident that he has enough or more than enough BTC, so his main concerns continue to be making sure that he safeguards the BTC that he currently holds and he has systems in place to start to draw upon the BTC when the time comes.. which means that he may well already be testing out some of those avenues.


You should probably attempt to engage with those concepts, in the event that you believe that they are issues that came up within my earlier post.  You have not shown that you even understand what you are posting beyond what an AI might post.


If a guy had been accumulating bitcoin for a couple of cycles since mid-2016 and he had been investing about $200 per week and he invested around $80k into bitcoin and he accumulated around 20 BTC, and he goes through his calculations in regards to how many BTC that he has and what income he wants to provide for himself which is $80k per year.  He sees that he has more than enough BTC to support such an income, since he sees that as long as he has at least 15.572 BTC, then he has enough to support himself perpetually at $80k per year, even including increasing his income 7% each year in terms of the dollar amount.

He can account for the taxes that he needs to pay, and if he believes that he needs more, then he has enough of a cushion that he could increase the amount if he were to feel that he needs to.  From the sustainable withdrawal tool, he can see that currently 20 BTC would support an income of $103k per year, so he has already calculated that he needs $80k per year and he has also accounted for any taxes that he may be paying. It is a bit preferable to have an extra cushion either in terms of the amount of bitcoin that you have or alternatively an ability to still live comfortably with having a net withdraw amount that is lower than the gross amount that was calculated.

For sure, we have to attempt to account for any accounting errors that we may have had ended up making, and hopefully have ways of dealing with those kinds of matters.  No one should end up pulling the fuck you lever and going to live off his bitcoin without sufficently and/or adequately calculating that he has enough BTC or more than enough BTC.


For sure it is good to have short, medium and long term targets to make sure that we remain on track and we can make some adjustments along the way, and yeah we should also prepare to either overshoot or to undershoot our short or medium term targets, which may well end up affecting the longer term targets, and I would think any of us who attempt to be conservative in our targets is that we become likely to overshoot the targets, and we also realize that bitcoin's performance is not guaranteed.. even though surely 3x in 10 years is a pretty conservative goal.  

Historically, the dollar has debased  by 50% every 7-10 years.. so just to keep up with the debasing of the dollar we would expect our investment should 2x or 2.5x in 10 years. The dollar is expected to debase more in the coming 7-10 years as compared to how much it had debased in the past 10 years or even in the 10 years previously.

Of course, there are other ways to measure our investment in terms of our own cost of living and how much we think that we need to support ourselves at our expected standard of living.  I think bitcoin is built to be able to account for the debasement of the dollar and the frailty of using the dollar as our measuring instrument (our denominator).


Be careful on counting on bitcoin defi and/or giving your coins to someone else.  There may be advantages to selling them, but yeah, each person can decide which options to use as those options are available and accounting for what terms are offered.


Personally, I believe that any guy who has reached his overaccumulation stage, he has options to withdraw BTC in accordance with price based systems and/or time-based systems, and sure, he can figure out how much he is able to withdraw under either or both systems without causing himself to fall out of over accumulation status, and so he could be withdrawing monthly or quarterly or yearly or even cyclically.  He has to figure out his withdrawal systems and even his determinations of how much bitcoin he needs to have to stay in overaccumulation status.. so if he fucks up, then that is on him, and surely I would think that if a guy realizes that he currently needs 15.572 BTC for his fuck you status of $80k per year, yet if he has more than 20 BTC, then surely he has a cushion (of 4.428 BTC), and every year the amount that he needs to stay in overaccumulation status is less and less and less, so a guy in that particular situation should be able to figure out a way to draw his $80k every year, even accounting for 7% per year increases in the dollar amount without falling out of overaccumulation status.. and if he is worried about falling out of overaccumulatoin status, then maybe he needs to have more of a bitcoin cushion before he starts the employment of his sustainable withdrawals system.. perhaps he feels he needs 21 BTC to start rather than 20 BTC or maybe he wants to employ the easier solution which is that if he waits until next year, then it is likely that an $85k per year income would need less than 12 BTC, so then with the mere passage of time (1 year in this example), his BTC cushion has gotten bigger next year without his having to accumulate more BTC (8 BTC of a cushion next year as compared with this year's cushion of only 4.42 BTC).


If you are new to bitcoin, it is likely better to just be buying regularly rather than trying to figure out if there is a dip or not.

You have ONLY been registered on the forum for 10 days.  Have you been accumulating bitcoin for longer than 10 days? or are you merely employing a waiting for the dip strategy when the dip may or may not come.

Don't get me wrong. There can be places for newbies to either deploy buying the dip strategies or to supplement their DCA and/or their lump sum with buying the dips.

Let's say that you are brand new to bitcoin, and you had started investing into bitcoin about two months ago at $100 per week, and so now you were considering rolling over $5k that you had in your savings, so with the $5k, you are considering the extent to which you might lump sum (buy right away), DCA and/or buy dips.   You could divide it into three... or you could just decide to buy 1/2 right away and the other 1/2 buying on dips.. especially since you have already been DCA'ing the $100 per week from your discretionary income.

Another way to employ buying on dips is to allocate some amount of your weekly DCA for buying dips, yet surely there are trade-offs for those kinds of choices, and there is no exact correct answer, even though there likely are some answers that are better than others in regards to also taking into account your own personal factors.

The truth is that some people were aware of Bitcoin and its worth before joining this forum, but many people only started to understand it well after spending some time here. In the beginning, it is difficult to believe how much Bitcoin could grow, especially if you have never seen a full market cycle before.

Sure, if someone has started earlier and bought plenty of Bitcoin when the price was about $25k, they might be in a big profit now, perhaps 3x, 5x, or even more, however, not everyone can invest a lot in their first time, some people require time to learn about it and trust Bitcoin before investing more money.

And for many individuals, their only option is to buy little by little over time. Although it may take time to gather enough of Bitcoin, but it can still be done if you are patient. Bitcoin changes in cycles, and if you continue to buy and hold, you can expect good returns in the future. The most important thing is to have a plan and work with it, whether you start big or grow slowly.

The statement it is never too late to get started is meant for beginners who just got the opportunity of knowing the importance of investing in Bitcoin for holding and for those who out of fear refused to take advantage of the price of Bitcoin to invest when the price was not very high like it is now but for someone who is new and is willing to invest in Bitcoin the motivation in this thread and the achievement of some strong holders should encourage them to start buying Bitcoin daily, weekly or monthly depending on the income flow or the person because no matter when you realize the importance of buying and holding Bitcoin, holding it for 10 to 20 years I'll definitely give you hope in the future no matter the amount you have invested. The only significant difference between buying now and waiting for the dip is the amount you will spend now and during the dip but waiting for the dip will wast more time because you don't know the time you will be favored to have the dip opportunity to buy. Every price movement is an opportunity for the holder the goal is to keep increasing your portfolio with Bitcoin while you wist for the result in the coming years.

I agree with you but many people make these mistakes,Be aware now before you fall behind in investing in Bitcoin, you may think that the price of Bitcoin may face a big dumping again, but it may not be and you may be left behind, if your main objective by investing in Bitcoin is to be profitable then you can make Bitcoin long-term, on the other hand if you have discretionary income then you can invest monthly or weekly using the DCA strategy and invest consistently whether the price is high or low, if the price falls you will buy at a low price and if the price rises again the profit will be high, on the other hand when the price is high you will get relatively less profit, later if the price is higher you will benefit from both positions,

In our local Parlance, there's a saying that "whenever you wake up is your morning". of course the consequences of waking up late is always there and there is a price to it, but it's not totally out of place if after waking up you start something no matter how little it this. Waiting for the dip before you start accumulation is like waiting for an unpredictable scenario to happen before you can be triggered, a rational human being that thinks, shouldn't be tilting towards that. What I believe is that, most newbies are fast learners because they are at their infant stage, if they are well mentored, trust me they wouldn't wait for the dip before starting to build a portfolio.

I don’t think some individuals understand buy the dip, because if they do, they won’t say that nothing is bad in buying the dip, It is not a bad thing to buy the dip is a statement that discourage people that want to buy  Bitcoin and make them feel like they can’t meet up, because when waiting for a dip and the market did not drop they will feel like they can’t meet the price they can afford, never encourage anyone to buy dip because at the end you will be blamed if they don’t have any valueable assets to hold at the end, understand that the price this year is not the price of last year and waiting for the dip is not advisable.

 Buying the dip is not a bad idea but it is not advisable to wait for it when you are serious with accumulating, that is why i always recommend to buy with the DCA method, the method is the best for those that are not thinking of buying the dip and those that want to invest and they didn’t have enough money buy at once, with that you can be able gather enough Bitcoin for the future and buy without thinking negatively about the price or waiting for the market price to drop.

The fact is, how sure are you that the price you set for your order the bitcoin price will drop to that?if that is the case, I don't see any point in trying to wait for a dip before someone can start buying bitcoin. Instead of someone trying to wait for a dip and missing some opportunities, it would be better to start making uses DCA strategy by buying regularly, monthly or weekly depend on someone discretinary imcome rather than just being patient and waiting for a dip that may never come.

What is there is that some people still haven't been able to invest in Bitcoin even though they have the money, becaus problem is their mindset waiting for the perfect dip is what's stopping them from getting started. As long as someone is holding for the long term (which is the best way to approach Bitcoin investment), I don’t see the point in waiting for a dip, which often leads to regret later, especially if the price never drops to their target level.

I'm not new to bitcoin but I got the idea about this forum a few days ago. Actually I know about bitcoin quite a bit since long time. I have experience in buying and selling bitcoin and buying and selling Altcoins and trading. Although my reserve is being invested in bitcoin quite a bit, I keep a small amount of my income for investment and investment is going on.

Yes, I have been registered here for a few days and I have been investing in bitcoin since before I registered here and my investment will continue as per DCA. As far as possible, I will maintain this DCA and invest. Let's see how far I can take the rest.

No, no, I'll tell you why I misunderstood. Since you don't know about me and I'm new here, it's natural for you to say that. Now that you know I have extensive knowledge of Bitcoin and have been in the crypto world for several years, you will understand. You are right that DCA and the place to buy deep are complementary to each other. However, for those who are new, the issues of maintaining DCA should be explained because the amount of loss from here is less.

Wow, you came up with a great idea. Although I initially thought about it according to this idea, now I'm maintaining DCA. Besides, I'm able to manage everything in my life beautifully. Thank you for explaining it so beautifully.

Furthermore, people waiting for the dip can end up not buying any bitcoin when the dip comes, because they might have used the money for something else since they have been waiting and got tired of waiting, of course, they have their own dip price which they want bitcoin to dip to before buying as if they are the ones controlling the market. Waiting is never a strategy, because it deprives you from keeping your bitcoin accumulation ongoing consistently and persistently overtime till you reach your bitcoin target in future.

When you waiting, you are limiting yourself the chance of leaving your poor state to a better level with your bitcoin portfolio in future, because you will end up with very little bitcoin in your portfolio at old age.