Fear of missing out is one of the factors that brings failure to investment however most people has actually fall a victim of Bitcoin market structure, were as they believe that since the Bitcoin price is a bit lower, they try every means possible even to the extend of getting a loan in other to accumulate a  huge number of bitcoin because of the fear that they may not get the right chance again to see Bitcoin on that particular price and that perhaps the bitcoin price could moves very higher than there expected entry points.

So actually you are very correct this was a similar issue my colleague had, he saw Bitcoin when the price was still at $25k so considering how far the price had gone before when it made the all Time high so he sees it an advantage to accumulate good number of Bitcoin while he can now so he tried every means possible by using all his savings to acquire the Bitcoin in other not to miss out this opportunity, so it was a good move but the strategy was very aggressive because he had use all his savings in accumulating the Bitcoin and was not upto a month he started feeling the heat due to some pressing needs so he start panicking and the investment became affected and was left with no uption but to sell it off.

Although he was very lucky that before those pressing needs came out, the Bitcoin price had already gone beyond his buying point so instead of losing he made a bit profits, so with that experience he had, he was able to encourage people of the consequences involves on making a rash decision due to the fear of being left out from investment, so no matter how Bitcoin price may drop down is very unwise using all you have to accumulate Bitcoin because later on it may seriously affect your investment, and perhaps in times of Bitcoin no time is late, we can always invest whenever we feel we are ready, but the only different is that it will take a longer time to gather or accumulate your expected amount due to the price increment.

You have said it as it should be. Those that sell when they see small profits are just scalpers or day traders; they are those that worry about the price. They may have their own strategy of buying to be able to sell for a profit but I find it too risky and more or less gambling since most of them easily feel worried when the profit is not coming as fast as they expected.

Another problem with the short time buy and sell is that those who engage rarely grow their capital significantly because most of the time, they miss the bigger moves. This is why I do not really consider this method safe for me. Take for example, if Bitcoin move from the price it is now, $27,600, and move upward, the short term traders who bought maybe at price of $30,000 will likely sell when price reaches $32,000 -$35,000. If the price continues further to $40,000 and beyond, they would miss the entire move. They will continue to wait again until they see some dips which we are not sure will happen below $40,000 again as price can move as high as $50,000 before retracing to like $45,000. I am just trying to give a example of how they can miss the major moves.

But with DCA method, no chance to miss any opportunity as there is the confidence that the overall portfolio will grow both in Bitcoin and in dollar value. This will take time to build something huge but it is a reliable way to build for the future.

Certainly, in the current scenario, the Bitcoin market is likely to remain directionless in coming weeks, deviating from its historical pattern, typically characterized by bullish trend in the month of October. This is due to ongoing geopolitical tensions in the Middle East, which has led to sharp increase in Dollar index price and all risky market are in downtrend. The investors are currently apprehensive about the escalating nature may involve other nations, and it is unlikely to come to an end any time soon.

Nevertheless, any significant drop in Bitcoin price should be considered an opportunity to acquire Bitcoin at lower price, and reduce overall cost of investment in Bitcoin.

Patience is something that must be present in applying the concept of DIP and HODL purchases because this concept really leads to patience in holding assets for the long term. So there is no need to be affected by market fluctuations and momentary price increases which are always seen in the market and especially in Bitcoin, so people who want to apply the concept of DIP and HODL purchases must really be able to ignore market fluctuations and momentary price increases for the sake of can carry out the concept quite consistently even though sometimes everyone can't forget the market and keeps checking the price of Bitcoin in the market at all times. Even though that is also not really necessary when someone is implementing DIP and HODL purchases on an asset like Bitcoin.

To add to everything you all have said, bitcoin in general terms is a profitable currency and investment asset irrespective of the way we enters in for the market as long as we can hold for some time, we must surely appear profitable in our investment, also the bitcoin traders may not have to wait till the market dips before they perform their daily task, they ensure getting into different categories of trades to maximize their potencies as well for making profits, there's no currency or asset that have ever existed to have prospect like bitcoin till date, bitcoin value never diminished but always increases.

Of course we do not know exactly, yet at the same time we should not be just throwing up our hands and acting as if we have little to no clue.

With more and more of the passage of time, it is seeming more and more likely that the bottom is in .. which would have had been the $15,479 price from November 2022... sure of course from that we might have said that the bull market had already started, but we seem to have had kind of gotten stuck in a bit of a limbo state... and at the same the BTC price is either lingering around the 200-week moving average and/or even going below it, and the 200-week moving average seems to be a bottom price rather than a top or a middle - but even if the 200-week moving average has historically been a bottom price, it does not exactly give us guarantees in the short term, but it should be giving us some clues about what we should be doing... but hey each of us can choose for ourselves, including if we choose to throw up our hands and act as if we have no ideas regarding where we are at, how we got here and/or where we might be going.


Active participants of threads like this one should not be having difficulties holding onto their coins merely because the price might have gone up a bit.

those are the kinds of problems that traders have and also persons who have not developed some kind of a longer term investment plan... and surely if anyone spends a decent amount of time trying to figure out a longer term investment plan, they will likely come to realize that selling does not tend to play out as a good strategy if the goal is to ongoingly and persistently continue to accumulate more BTC.. selling puts a person into a wrong kind of a mindset, unless they are really strategic about such selling in terms of ONLY selling amounts that are so small that they are not going to have any concerns if the BTC price continues to go up after the sale.

How much coin can anyone sell in order NOT to give shits about it in the event that the BTC price continues to go up are somewhat individualistic determinations that likely relate to how many coins someone has already accumulated, what is the profit level of the held coins and what kinds of goals does the person have in terms of how many coins s/he wants to reach and roughly in what kind of a timeline...

Of course, we cannot completely know the specifics of the answers to several of these kinds of questions, but we can get some directional aspects and even some ranges that we can kind of outline and project for ourselves in such a way that we become more likely to easily reach the bottoms of the range, we have good chances of reaching the middle of the range and we aspire to reach the top of the range, while knowing that the top of the range might not happen. but remains in the realms of possibilities.. so we can prepare for the lower, middle and top of the range all at the same time as long as we don't engage in behaviors to fuck it up and end up not achieving any of it because we got too greedy and we were ONLY aiming for the top of the range and then we fucked up so badly that we were not even able to reach the bottom of the range when the bottom of the range would have likely been nearly guaranteed with a more prudent and conservative approach to our bitcoin stash and our ways to accumulate and/or maintain it.


It is true that some people will pass up the earlier BTC accumulators; however, it seems quite likely that many BTC accumulators will surpass persons of equal financial status as them at the beginning of their journey and even surpass people who might have been multiples higher in financial status as the BTC accumulator at the beginning of the BTC accumulation journey.

For example, person A who started in bitcoin 10 years ago, and was investing $10 per week, will surely surpass the amount of bitcoin that person B who had started to accumulate BTC with $100 per week in 2016, and likely person C starting right now to accumulate BTC at 1,000 per week is not going to be able to catch up in their BTC accumulation to either Person A or Person B.

So surely none of us who have figured out aspects of bitcoin would be suggesting NOT to invest into bitcoin or to give up, but instead there is a certain kind of empirical evidence that shows that any of us would have had needed less capital in order to get to the same level of accumulation the longer that we had come into bitcoin, and therefore, the later you come into bitcoin the more likely that you are going to need way more capital and you are going to likely have difficulties catching up to the BTC adopters (accumulators) who started earlier than you (at least if we are comparing similar levels of capital).. and we also know that the world is already unfair in terms of some people having more capital than others.. and surely sometimes they accumulated their capital fairly (or we are supposed to presume that even though sometimes it might not be true), and sometimes they have accumulated their capital in less fair ways (and we might not really be able to do anything about it, except for recognize that there are unequal situations that exist in the world).


Fuck shitcoins.

DCA does not work with shitcoins.  You need other strategies with shitcoins.. so don't be so fucking dumb as to try to suggest that DCA works for shitcoins when the rug could get pulled on you at any time.. that is part of the things that you must prepare for when investing in shitcoins, how to hope that your "investment" or your "gamble play" does not get rug pulled prior to your ability to get out.

Another thing about shitcoins, this thread is not about shitcoins.. so take any talk about shitcoins to some other thread.

Apparently you heard of bitcoin, since you did actually use the word.. so maybe try to make your post again, but focus your little selfie on bitcoin, and then maybe we might try to figure out if you are saying anything meaningful and/or important.


This part of your post seems to be correct if you happen to be talking about bitcoin.. but not necessarily correct if you are talking about shitcoins.. as I already mentioned above.

Bitcoin investment is 50-50, you may gain profit or not. This is why one needs to look for the strategy that will give you the higher chance of making profit and how to go about it. DCA method and hodli for a long period of time will give you a better chance to make profit than losses.The good thing with bitcoin investment is that you can't totally run  at loss, if you are just hodling and accumulating, and as long as you don't sell when it is not your will. You will definitely recover from whatever loss, whenever bitcoin price pumps, and with your regular DCA, I wouldn't call it loss but a change in price.

Why I said that hodlers can't run at loss is because it is impossible for bitcoin price to dip 100%, which is crashing to zero. It is possible for bitcoin price to increase more than 100% and when this happens, it is the number of bitcoin in your portfolio that will determine your profit. This is why every bitcoiner should focus on hodli and using regular DCA to increase their bitcoin investment portfolio because nobody knows what bitcoin will become tomorrow. Who knows, if bitcoiners will be the wealthiest people in the world in future.

You've said it all well about the 50/50 risk and the DCA strategy. But all of that may not work at some point. Bitcoin has had several four-year halving cycles and those cycles have worked very well. So even someone who bought bitcoin in 2017 at 18k could sell that for a nice profit in 2022. But it would take a lot of nerves and four years of waiting. And if for example one day the cycle doesn't work, how many years will you have to wait to make a profit?

either what strategy you use ,  still accumulating is what you need to do mate, sometimes there is no need to use such but buy when you have enough amount to risk in buying.
never that we are forced to put our precious money instead what we need to do is trust bitcoin about our spare money of the amount you can take for sometime waiting.
since you admit being new here , just read couple of post above you to understand the purpose and the advantage of bitcoin investing than other investments.