I don't know why you feel some kind of need to keep throwing out the vague term of "crypto" DaNNy001 when this is a bitcoin thread.

Do you believe that using the term crypto makes you look smarter in terms of your desire to include shitcoins into your discussion of what a bitcoin holder might be holding and might be keeping secret?

Yes.. maybe try writing your post over and specifying what you mean.

If you want to say that a person might hold a lot of variety of wealth that includes bitcoin and various other kinds of crypto (or shitcoins) or maybe some other kinds of assets that s/he would like to not disclose or to keep them secret, then maybe that is a potentially valid question, that might possibly be somehow related to this thread, even though we should be trying to focus on bitcoin here rather than throwing out vague concepts in regards to crypto and not even really specifying what is supposed to be meant by such term... in terms of what kinds of shitcoins that any of us might be holding in the future (besides holding bitcoin) and the extent to which there is any need to talk about that kind of a vagueness in this thread.

Don't get me wrong, it is likely not completely off topic, but it still seems important to me to focus on bitcoin first, and then if you feel that there is some kind of a need to refer to shitcoins (or crypto - presuming non-bitcoin digital assets or something like that), then sure maybe it would be ok. to mention that, but it mostly seems to me that you were just being sloppy in your choice of language (whether inadvertent or not).

Appreciate your comment that understanding the importance of applying knowledge  is crucial in real life situations. Simply acquisition of knowledge without any intention or desire doesn't helps or serves and purpose for the society. True knowledge extends beyond theories and hypothesis scenarios. Genuine learning comes from actively engaging with people and apply your knowledge to solve the problem what society is facing.

The same principle can be applied to Bitcoin investment by utilizing our learning for making informed decision, which can lead to financial stability in our life.

The recent SEC action against Binance which triggered panic selling and a significant drop in Bitcoin with price decreased more than $1500 in a single session. It is likely that Bitcoin market will continue facing such volatility in coming weeks and months, as this is how Bitcoin market has been behaving historically which is its inherent characteristic. However, as long term investors, we should not overly concerned about such negative development and remain committed to our long term strategy.

I would like to clarify that I am not against theoretical knowledge, since frequently each of us is likely going to have opinions and theories about some kinds of things that we have never experienced, and that we might not be able to experience (very easily) and some things might be dangerous to attempt to experience, but still we could theorize about them in terms of their being dangerous or their being thrilling or their being difficult to accomplish or their being physically painful/pleasurable.

For example, I can theorize that if I walk on a high beam that either I am going to fall right away or I will get dizzy, or I could theorize that I will be able to walk between two tall buildings, and perhaps it is better for me to theorize about it rather than actually attempting to put my theory into practice, but it likely would be a good idea for me to theorize about whether I should do it, what it might be like and what the consequences might be before I actually attempt to carry out the practice of my theory.

Even in regards to bitcoin, there still might be a lot of ways that we theorize about the particulars prior to attempting to execute in order to attempt to filter out some of the possible ways that we might want to proceed forward and we might want to theorize about it prior to actually attempting to practice, and there may well even be some areas that we choose not to attempt to put into practice, largely because we theorized about it first (and it does not even necessarily mean that we are going to come to the right or the better of conclusions regarding whether and how to act) and it is valid that we theorize, and it seems that part of the point that I was attempting to make earlier is that there are a lot of ways that we learn way more about ourselves (such as our psychological boundaries), when we are ongoingly practicing managing our BTC portfolio for a long period of time and/or attempting to build our BTC stash by whatever methods that we choose, perhaps including but not limited to accumulating through DCA buying, buying on dips and lump sum investing - and also perhaps by attempting to maintain our BTC stash through sell (use) and replace whatever we had sold (used).  We can theorize first, and sometimes end up being wrong in regards to overly acting on our theories when maybe we should not have attempted to act on certain aspects of our theories.

Yes, of course, some people might ONLY have enough of a budget that they are able to pay for their living expenses, and they do not have any extra money to buy any BTC, and so sometimes it can be difficult to get to a point in which any of us is able to act upon our theories and beliefs if we are not able to put ourselves into a position in which we can act in order to buy BTC regularly.  

On the other hand, some people might have to make a lot of corrective actions in their lives in order that they are able to set aside $100 per week (or even $10 per week) to buy BTC on an ongoing and regular basis, and when these people go through those measures to set aside some of their cashflow and to dedicate it towards BTC, they have abilities to learn a lot about themselves and about their various balances of how to manage their money better.. and they get some of those additional skills because they ongoingly went through persistent and consistent behaviors over long periods of time and perhaps even making adjustments (and even making big and small mistakes) from time to time.


So you are suggesting that you were right about BTC's price direction?  

You must be rich.


There are ways to manage your portfolio that accounts for BTC price movements in either direction, and some people like to gamble, and some people like to attempt to make trades in regards to where they believe the BTC price will go.  Good luck with that, especially if you are fucking around with large portions of your BTC stash in those regards and expecting that you can increase the size of your BTC stash by selling higher and buying lower... especially if you are selling after the BTC price had already gone down and you expect it to go down lower.

Yes, you might end up being correct 9 out of 10 times, and then if you are playing with too much of your stash, 1/10 of the time being wrong could wipe away most if not all of your profits, and you might have had been better off with some kind of another strategy.. and sure, if you think that you got it figured out, then apply whatever strategy that you believe works.


Likely there are subgoals that will be individually tailored.. or at least should be individually tailored that likely would depend upon where each of us are at in our bitcoin journey.

If we are relatively new to bitcoin, we may well be in early bitcoin accumulation, and we might set some BTC accumulation targets, and then we might set forth some strategies regarding how we might strive to reach our various BTC accumulation targets.

Some of us might come into BTC as our first investment, and others might have been investing for a decently long time and be wanting to allocate some of their overall investment portfolio into bitcoin.

Some people might already be at or near fuck you status (however, we might define fuck you status), and others might be a long way from fuck you status, and some may want to attempt to rush their getting to fuck you status because they believe that they can employ some trading measures to cause their movement from zero to fuck you status to come more quickly than it would if they had employed more conservative measures.

Goals should be individually tailored, and even if you can characterize the end goals as similar (such as we all want to get rich), it hardly makes any sense, because each person is at different places in their journey and each person even has differing risk tolerances and even views of bitcoin as compared with other assets that they might invest into they might already have other assets too, so many times the journey is going to be different, and even the tactics are likely to be different depending upon current location.  

By the way, there could be two people who come to bitcoin with a similar amount of resources - let's say that each of them has an investment portfolio that is $100k, and that $100k investment portfolio contains stocks, bonds, cash, commodities, property interests, and perhaps each of them has a cashflow that is around $36k per year and perhaps $100 per week ($5,200 per year) that they are able to invest into bitcoin. Let's say that they choose to allocate 10% into bitcoin, and one of them, might decide to immediately sell some of his/her other assets and accumulate $10k in bitcoin (and therefore immediately reach his/her 10% BTC allocation), and the other person might decide to buy BTC at $100 per week (or perhaps choose some other amount), but if s/he decides to merely buy $100 per week in bitcoin, then it may well take him/her 2 years or longer to reach his/her 10% allocation into bitcoin.  

So if you are trying to suggest that each of us has the same goals, frequently there are nuances in the ways that people are ready, willing and able to work towards achieving their goals in terms of how many chances that they might be willing to take, and surely we can likely witness that there are people that appear to have similar starting points (or maybe the reach similar financial resources levels at various points in their life journeys), but still people will make decisions that likely contribute towards how successful that they might appear to be in the short-term versus the longer term and even some people might end up having more overall prosperity - some choose to consume more earlier in their lives and others choose to defer gratification (which may or may not end up paying off if they die or get sick early and end up not being able to consume the wealth that they had accumulated and had been enhanced because of their deferred gratification).

I doubt that we can really realistically proclaim that we all have the same goals, even if their might be similar shared desires that each of us has.. and many times the various ways that we might approach whether I might buy the luxury vehicle and my friend might buy the more economical vehicle, and there are trade-offs to each that may or may not end up playing out as we might expect, and surely some folks might not really theorize about some of the consequences down the road, even if they might theorize what the consequences might be in the short term - but might not be wanting to consider some of the longer-term impacts that might be a bit more difficult to come to reasonable assessments, and no reasonable assessment will even be achieved if it is not attempted, and I am not even saying that every decision needs to be beaten to death prior to going down some kind of an irreversible path.

By the way, another way in which there can be quite a lot of variance in goals (if we are aiming for the same things) has to do with how long someone has been into bitcoin, and sometimes if someone is a low coiner or a no coiner, these people may be cheering for downity BTC prices (that may or may not end up happening and/or may or may not be realistic in their view) based on their own low (or no) BTC accumulation levels.  Over allocation can cause similar kinds of issue (a kind of bias in thinking or goals that is somewhat based upon BTC stash size).


Yes.. volatility is likely inevitable.

yes attacks upon bitcoin is likely inevitable in the short term.

How do you know that the BTC price movement will be negative, merely because you have reasonable speculations in regards to the above two.

There are other things going on in bitcoinlandia too.

Are those things positive or negative in terms of their affects upon BTC prices?

Are you able to figure out all of the various factors that would cause you (I am not referring to you specifically Sayeds56 - even though it seems YUriy1991 seems to have a DOWNity vision) to conclude that there are high odds that the BTC price might be going down rather than UP from here in terms of a 1 month time line?  3 month time line?  6 month timeline?  what other timeline would you like?  and what kinds of odds for down rather than up would you place on each of these?  greater than 50/50?

How about the $15,479 bottom that had taken place in November 2022?  What are the odds that the bottom is in?  

You can also choose other price targets and try to figure out odds that the BTC price might hit those price points.  How much value are you going to set aside in order to be able to buy BTC at those various price points ... and then what if they do not end up playing out?  Are you going to be o.k. with still holding value that is not in BTC?  

Also, what about selling BTC in order to buy lower?  Good luck with that, even though people do these kinds of things (even people who are in their earlier stages of BTC accumulation... and will those kinds of tactics work out?

Of course in this thread we are not really getting into selling to buy back lower because we are largely wanting to emphasize tactics to either regularly buy and/or to figure out various points in which we buy on dips and how much of a dip do we buy and how much we might save for further dips, if such further dips were to occur. and then if they don't occur, then what do we do?  Are we still ok.. with that?

Certainly when missing it again there will be a feeling of regret for not making a purchase at the moment of Bitcoin before bouncing back to $ 26K- $ 27 and higher, I am enough to admit that the panic/fear must be in a case like this, even though I am accustomed to market conditions Like this in Bitcoin.
The thing I did was the DCA fund this month was divided into two, before I bought Bitcoin when in the price range of $ 25,540.22 I felt lucky because it seemed to be Bitcoin to bounce back to $ 26K, and then I prepared the rest of the DCA funds if there was another dumping in Bitcoin this month, I think Stratgi like this is effective enough to do DCA when FUD which might have a rather long effect, even if there is no continuation of dumping, the last week of June became my DCA fund option.

Keep accumulating BTC, I think smart people will not miss a rare moment like this.

Yes I think now is the right time to buy our bitcoins. I had previously bought bitcoins at a high price and now I am thinking of buying again with some money. Because now I can buy these bitcoins at a much lower price than what I bought them before.  I will sell after the month after the price increases. Then I can make a lot of money. It is the right time. Whoever can use this time can make money by investing.

This is what I term as discounting because, while the weak hand is panic selling a holder will continue to buy the deep and discounted price, imagine buying a few bucks when Bitcoin touched 25k, by now you will be on a good percentage of profits by now.

So ultimately only the steel hand and long-term holder are the real potential top gainers and this also include quite a lot of financial and statistical brain work to be able to know when tocatcht the edge and how to minimize the overall risks.

There are really Bitcoiners who bought Bitcoin at $40k and some even above that, but most of them are still holding despite the fact that the market is still bearish. So, if you think you are at a loss because of the market, remember that there are also a lot of Bitcoiners who may have bought at a higher price than you did. Bitcoin investment is mostly long-term and not just what you will buy this month and expect to make profit the next month. If you want to make a profit in Bitcoin, then you should be ready to hold until the price becomes bullish again, because as long as you hold onto your Bitcoin and never sell it at a cheap price, you have not lost anything.

You made a valid point that, for Bitcoin investors, it is very important to understand that this market is very volatile and like other markets it also goes through bull and bear cycles and it is very challenging to predict the duration of these cycles . The other significant factor is our belief in potential of Bitcoin to thrive overtime. This belief greatly influences the success of our investment in the long term.