Firstly, Bitcoin  is not a stable coin so it's subject to both Rise and Fall
Due to the volatile  nature of bitcoin , it hard to predict how far it could drop and at the same time Rise but what we know is it's  in an uptrend chart since 2011 so investors believe every dip( which you call decrease) is an opportunity  to get more coins because its still in an uptrend.
Along which the idea of DCA was taken into consideration  with this you can recover from a massive  drop as you won't  have to worry either the market is rising  or falling , average profit is realised over the time of DCA progresss

As an investor you got to be flexible with your investment and also be ready or prepare for anything, market can go our way or go against Us sometimes (in terms of increase or decrease in price), so lately have been gathering some funds (for lumsump) for the upcoming bitcoin halving and same time continue my DCAing . Though I just started my bitcoin accumulating few months back , when I was busy wasting and risking my funds in some shit coin without getting any where. I've seen some great changes in my portfolio which as done well in inspiring me to keep driving in my bitcoin accumulating with  different strategies like DCAing. So this time around I just got to work hard in my bitcoin accumulation because I know that in a long run , my profit am going to yield is gonna  be massive.

IMO  I won't try to tell anyone not to be afraid, cause at the end of the day it's his choice and he would and must bear full responsibility for his actions and investment, what i would safely advice is for him to approach with a long term mindset and investment plan than to follow the current fomo of the bull run and try to take profits from it, as it stands now we can't predict anything off the market, although based on the few facts available to us we can safely speculate higher prices but we can't say bitcoin would reach this price or that is the highest point of bitcoin in this bull run, so the idea of short term investment is cancelled from anyone's plan.

Most of us are new here and taking profits should our least of worries right now cause the price us getting higher meaning we have no choice than to continue with our DCA buying irrespective of the price, to be sincere I can't wait for the bear cause as a beginner the bear market is my best case senerio untill I'm well equipped with bitcoin from up to 6 years of accumulation. I'm never said anyone should stop buying now cause you can't tell if this price would never be seen again.

lol thanks, then I would say you where pretty lucky not to invest in such projects, can you bear seeing your hard earn funds going down without any hope of it ever bouncing back (expecially in newly released shit coins) . I'm pretty sure you are aware that most shit coin are just pump and dump scheme, and as newbies in this space with a funny mindset of thinking one can  get rich overnight after seeing alot of people showing off their wins they made from investing in some shitcoins through social media. And this as lead alot of newbies in making mistakes that caused them their hard earned money . Most time leaving a scar, affecting their confidence in investing. Those that started with investing in bitcoin are pretty lucky . Such people have strong faith and confidence in their bitcoin they are holding even take a look at the recent increase in price of bitcoin those that started investing on Bitcoin are already in good profit even those like us that even  claim that we didn't started our investing and holding on time and haven't  accumulated enough bitcoin in our portfolio Yet . Now imagine those that started around 2020, I don't want to even mentioned those that started around 2012 and are still holding till now , so there's nothing like investing in something that would give peace of mind and a good ROI like bitcoin.

You are actually not afraid of Bitcoin investment because you now have an average knowledge of what Bitcoin investment is all about but have you considered the time when you were new into Bitcoin? Did you made an affirmative statement like this? So anyone who is new into Bitcoin investment would have this fear because they haven't gotten the adequate knowledge required to guide them and also enable them to invest without fear of how the market may turn out. Like for instance, most people invest on Bitcoin because they believe that the price would go higher, so in a situation where the price begins to dip instead of climbing high you see such investors panicking and wanting to sell their coins because they are afraid that the price may dip further of which their intentions of making that investment have been conquered but an investor who understands how the markets works wouldn't panic in times of dip because he knows too well that the price would come up again so you can now differentiate the reasons why some persons are afraid of investing in Bitcoin while some others are not scared at all because they have more experience.

Another factor that causes fear of investing is because, some persons must have been into wrong investment strategy in the past so they want to see results from others before they can be so sure about venturing into bitcoin investment because the success of others would now stand as a yardstick to them during their investment processes.

Yes.  BTC prices can go in either direction, so it is good to have a 4-10 year timeline or longer for any investing into bitcoin that you do.


The same is true in 2015 and 2016 (the year of your forum registration)  Many folks probably considered $3k to $5k to be the top for the next few years, but we had a bit of an overshoot in 2017 to the upside and then to the downside correction that did not even come close to as low as the BTC price had been in 2015 and 2016... as we know the low in 2018 and even the quick correction in 2020, only got into the $3ks so $3k was not even breached and the second correction to $3,850 was merely as spike and the BTC price spent less than a couple weeks below $6k in 2020.


Usually any newbies could start out by considering anywhere between 5% and 25% as their target investment allocation to bitcoin, even though it could take a year or two to reach their target level of allocation, depending on how they go about it, even though right now it does not seem a good practice to spread out allocations timeline too far in the future, but those are matters of personal discretion.

By the way, some folks with millions of dollars of assets, might not be very liquid, so it could still take time to reallocate and to dedicate whatever might be his quasi-liquid investment portfolio into bitcoin, and sometimes business owners want to (or need to) stay a bit more liquid than some other folks.. depending on the nature of their business.


You must have your references incorrect, since we have already reached an ATH. 

I posted the below in this thread yesterday.

This is where knowledge and experience play a great role. An average person who's just all about seeing that his investment yields profit would normally tense up whenever he sees anything that looks like a loss even though it's a temporary downside. For someone that's already in the market, they already know that volatility is an integral nature of bitcoin and regardless of the trend of the volatility, you can actually use it to your advantage.

While some people get tensed up during the bearish period with regards to their investment not yielding profit momentarily, it's actually the best season for others as they normally use that period for major accumulation and building of their portfolio. As an investor, it's necessary not to panic at all whenever the market is at the DIP  rather, it should be the period to buy more so during  the bullish season, you don't necessarily need to stay long in the market before having your desired profit.

There's time for that investment but people should not put their focus on shit coins since there's a lot of chance that they lose their money their instead of gaining since usually we know it will just end up as scam.

Much better for them if they put all their efforts to accumulate and hold bitcoin since we all know that future is good and there's more chance for them to earn. Perfect example is current happening with bitcoin since if they bough their balances on past few years where the price is so affordable for them to grab. For sure at the moment they are at bullish condition and can able to decide if they can sell or continue to hodl then wait for more months or years.

To start accumulating bitcoin don't required much knowledge, when you get the basic you good to go,  but still aslong you have started your bitcoin investment. Try and gather proper  knowledge (not talking about technical part) on how bitcoin and bitcoin investment works. Due to lack of such knowledge that why an average person may take any dip in market as an disadvantage to them, seeing theur  bitcoin value In Their portfolio dropped as market experience Dip.
While an investor with proper understanding on how bitcoin and bitcoin investment works, would take any dip as an opportunity to buy the dip in order to increase their portfolio knowing the price would lateron rise back . So there's no need to have any fear or panic when investing in bitcoin expecially when you are long-term holders.

exactly you investing in bitcoin as already ensure you a brighter future, there where alot of people back then that their financial status was not encouraging, but they grab all the chances they got to have some good quantity of bitcoin during the time bitcoin price was still low. And they kept  holding till now , but now their lives won't remains the same because of the opportunity they grabbed back then in investing in Bitcoin.

Edited:

Well I get what you trying to say , yeah taking profit from your investment depend on the number of Bitcoin you have accumulated, before thinking of Taking some profit from your investment. someone that haven't gotten far with his investment, having the habit of always taking profit from his investment  with the mindset that he or she would replace it during any dip, won't be a wise move towards your investment because is not all the time you would have the chance to replace that profit you have taken from your investment. Which may endup reducing the quantity of bitcoin in your portfolio even when thinking of replacing it when the price is high.  Because buying when the price is high due to FOMO would only give you a lesser quantity compare to the profit you took from when the price was low . So I don't see any reason why those that haven't gotten much quantity for themselves to think of removing some profit from their investment, there's reason why they keep saying, always have an emergency funds and to always invest funds you could hold for long without thinking of tampering with your investment, what one should be thinking of now is how to stash some Good quantity of bitcoin in their portfolio, When hodl.

People doing that is not really for long term since if they aim to hodl they would never think about selling their bitcoin when they see a pump and think about buying again when the price dump. The person who doing that are traders and I guess there's really a high risk for them to lose their money if they repeatedly doing this schemes. And won't recommend this to newbies especially if they don't know what to do next and much really better to anyone if they just hold their bitcoin and aim for long term since this will give them more decent result, also for that they would not get affected on any FOMO circulating around.