True but not all people have the guts to sell when the dump occurs, because mostly people think there’s more value if it’s in the holding asset and wait when it sky rockets again. Although there are a few risk takers who sells their coin when it reaches to a certain amount or stop loss and buy back again if it dumps hard so the next time it increase its value again, well it’s profit. But personally I prefer to HODL, and check my coins from time to time and do margin trading.

You are talking in general about cryptocurrencies, be specific on which "good crypto" you're trying to say.

It's all about bitcoin.

HODLING it is the best choice ever that someone who's looking for a "good crypto" to invest.

buying on dip and holding is a good strategy to earn but we need to have a big patience on this strategy, because the bull un is always unknown and we cannot predict on how many years we need to wait for the posible bullrun and if we dont have enough patience to wait, we can maybe loss our asset, it is easy to think that we can hold for a long term but that was not easy, because if we have a patience that last 3 to 4 years maybe we are now millionaires, look at the bitcoin price and imagine if you buy bitcoin last 2018 to year 2019.

You seem to be a bit mixed up in your head, rhodelmabanal, about the various principles.

Sure, no one is going to know the BTC price exactly, but you still should be attempting to devise  personal BTC buying, accumulation and HODLing strategy that attempt to do your best in accumulating BTC.. and sure, not investing more than you can afford to lose in the event that the BTC price ends up going down in the long term rather than UPpity.

I personally doubt that people should devising plans to become richie  in one or two bitcoin cycles because then they are likely engaging in way more gambling than necessary or that they really can afford.  But sure, two or three cycles which would be 8-12 years could well put a lot of people in a decent position in terms of the value of their bitcoin holdings and also so long as they continue to invest and to be putting some kind of meaningful stake into bitcoin, whether that be 1% to 10% of their savings or maybe even a more aggressive approach.  Individuals need to tailor their investment strategies and approaches to their own circumstances.


Part of the reason that I suggest a three pronged approach, rather than something more limited is to allow for a certain amount of inabilities to predict what is a dip.. so in that regard, one of the prongs that I suggest contains continued buying no matter what the price.  Of course, individuals have to decide how to budget and to allocate the proportions of their various prongs of their strategy and in my case, there remain three conceptual areas of framing such concepts.  One is DCA, another is buying on dips and a third is buying right away with what you have.  These categories tend to be divided into three, so if you were to all of a sudden get an extra $1,200 that you would be able to invest, then you would buy right away with 1/3 ($400), plug 1/3 ($400) into DCA and plug 1/3 ($400) into buying on dips...

Sure there are some devils in the details, but that remains the overall framework that I recommend as a way to divide the differing budgeted strategy amounts..... and of course, the longer that anyone employs whatever strategy that s/he is employing, then s/he should be learning along the way and tailoring the strategies to his/her own situation and accumulation goals, cashflow and other personal circumstances such as other investments, views of bitcoin as compared with other investments, risk tolerance, timeline, and time, ability and skills to learn, plan, tweak and reallocate from time to time (which might include trading too).

seems to me to be all a matter of proportion.. and surely if you have not reached your accumulation goal then buying $100 per week might be good.  Saving $100 per week to buy on dips might be good as a supplement.. each person should figure out their proportions, but if they are just getting into bitcoin, they have to start somewhere, which likely means buying some now... buying regularly and buying on dips... and maybe some other individually tailored variations.....

Those of us who already have a established a decent BTC stash can sit back and say, just wait for the dip, and yeah, works well for us, but such dip might not come... not saying either way, but there have been a lot of peeps left out of bitcoin because they failed/refused to establish some kind of a regular buying strategy.. and were to damned busy waiting for dips that ended up NOT happening.

That migh work for crazy HODLers like us, but for the other side of me, that’s a pleb, and combine the plebness with being a Bitcoin newbie, I believe they don’t have the right psychological “hardness” to buy the dip during a 20% price crash. I believe many would them would sell. Paper hands, then blame the market for the loss. Newbies should be buying in the right kind of conditions.

Something went wrong with my written response, so I am writing it again.  Shit.

Surely we have to consider that many of us are getting our cashflows in fiat, so that fiat is going to be stacking up if we do not develop a comprehensive plan, and surely some folks might well be satisfied with merely allowing the fiat to build up and to wait for dips that may or may not happen.  So I am not even suggesting that buying on dips is not a good strategy, but it is not a good one for everyone and it might not be sufficiently specifically tailored.. and in that regard, the three pronged (perhaps more than three) approach is my recommendation.  Schedule some for 1) buying right way, 2) dca, 3) buying on dips and 4) perhaps figuring out how to employ money that has been generated by selling on the way up to the extent that such money exists and your strategy involves that kind of money, too.

So not only are peeps going to be in a different place in regards to whether they have reached their BTC accumulation goals they are also going to be in different places to the extent that they are still generating fiat that they might want to allocate to BTC accumulation.. and to divide that new cash into various categories in terms of strategizing their BTC accumulation methodologies.

My conceptualization of the strategy can work for anyone and is even including a bit of emphasis on those who consider themselves to be BTC accumulators.  I am not even suggesting the strategy would be as good for someone who might be in a BTC stash maintenance stage or a liquidation stage - even though there can still be some useful tips for any stage that a BTC accumulator/holder might be in, but I am moreso considering the accumulators and the persons who might be new to BTC in terms of needing to make sure that they are also comfortable with whatever stake that they might have made in BTC based on their circumstances.


No need to be patronizing..

Any of the fucks can develop a strategy, whether they are quasi-retarded or not.  Sure, the more retarded, the more difficult to focus on strategies that do not devolve into gambling, but of course, any people have capacities to develop strategies or to improve on their own strategies based on current circumstances.


Yes... of course, there are people who do not think through their plans enough, the value their wealth in dollars and sure there are lots of problems, but the mere fact that there are a lot of people with various weaknesses does not mean that they should not be attempting to solidify their BTC strategies in such ways to cause themselves to be in much more likely better places and to restrain themselves from various extremes...

I am a bit of a who cares if some people do dumb things.. I don't have problems making fun of them... if such making fun is warranted.


Sure personal responsibility is important psychologically and financially.. but I still believe that my framework helps to hone those various skills rather than waiting for fucking dips that might not happen.

I’m not patronizing, or making fun, or anything like that. I am simply scared to tell close friends, and family to buy during the current market cycle. I WAS forcing them, almost, to buy when Bitcoin was $5,000, $10,000, $15,000. But what did they do?

If I am patronizing, I believe they deserve some of it. They missed a golden opportunity, which they have known because someone, me, was nagging them.

Yes I totally agree, however, before coming to the holding part, one should do research and find coins that are worth holding, as a lot of coins that I held on the last bullrun are now obsolete.   

You can just hodl Bitcoin and other stable coins like Ethereum, finding a good new coin to hodl is very difficult and a lot of analysis is needed to make sure that you are not on the losing side, too bad that you lost a lot of your coins because of them being unpopular to the market. I wish that you would win back everything you lost back then.