Though everyone has there end point target, but that doesn't mean people should just sell off along the line while the goal has not been achieved. That's while investment differs in time Horizon, if a person decide to invest in bitcoin, he may chose an investment package of either a minimum of 5-10years and also a maximum of 20-30years. so if the person who choses a 5-10years investment package sell of his HODLing during 2 or 3 years interval, surely the person has no goal or the person is inpatient. Though if he sell his bitcoin earlier before the predicted time, the reason for selling it may be for a serious issues but I don't see need because before starting the accumulation process it is advice that people should set aside emergency fund and reserved so Incase issues rises it will not affect our bitcoin HODLings. Selling it is surely an act of inpatient or for gambling porpos.

In the future, this could indeed happen, especially as this world will definitely continue to advance into a more modern era. So it is natural that Bitcoin is the asset that many people choose compared to gold. Because investing in bitcoin is much more practical than investing in gold. Apart from that, the advantage of investing in bitcoin is that it also makes it easier for investors to carry assets anywhere, as long as they remember the wallet phrase. This is different from gold which has a physical form, and of course transporting the asset will be much more difficult, if for example the investor moves. Of course, very tight security is needed so that the gold to be transferred can be safe. Although it is true, gold investment can also be done virtually and without carrying it in physical form. But still, it doesn't feel convincing.

Apart from that, gold also has quite slow price growth. This is different from Bitcoin, which experiences quite significant price growth every year. For example, this year Bitcoin reached ATH again. This gives us a clear conclusion that bitcoin has a very rapid price growth. So if, for example, we keep bitcoin for a period of 10-15 years, the profits we get will definitely be many times greater.

So it is natural that 5 or 10 years from now people will change direction from gold to bitcoin in terms of investment.

I see what your trying to do. We are so close to achieving a new ATH. I guess your one investor that is anticipating it just like me. However your speculation is quite good but i will disagree with you that we will get t see a new ATH today or tomorrow. I am expecting it by next week. We many be close to the ATH this week, which means Bitcoin needs to do some consolidation before moving to the new ATH and during next week that is when we should be expecting it. Meanwhile this is my own speculation it may be true or not and you may as well be true or not on yours.

Surely i like the new title of the thread. Instead of people contradicting the name Buy the Dip Hold. It make them to wait for the dip and we've been so many argument concerning that point. Buying and Holding is straight forward anyone jumping into the thread can relate because the theme is clear.

It appears that @Briankimp1 is visiting this thread discussion for the first time which is why he is using the word cryptocurrency which is a generalization of all altcoins and bitcoin together but in this regard we are focused on bitcoin as a leading cryptocurrency which is reliable for a long term investment for investors, unlike altcoins that are projects not good for investment whether short or long.  But bitcoin is basically profitable in a long term investment that is why the DCA strategy comes in handy in accumulating for the long.

All of this is because the supply level is limited and also because bitcoin has special features in everything in this modern world. In today world, of course people are getting smarter at turning over money to get lots of benefits. If we had known Bitcoin earlier and had in-depth knowledge, of course we would have become millionaires by now. But we are not too late to do it again, which means now we should be able to take advantage of the time to continue buying bitcoin and not have any thoughts about selling it.

In comparing the price spikes of gold or bitcoin, of course these two assets have quite a big difference because bitcoin has experienced quite a high increase since it was launched by satoshi but gold upward movement is quite slow. So, I also agree with you that in the next 30 years, all people will prefer Bitcoin as their main choice in investing. Just look at Trump, he is someone who understands the progress of the era and now he has received donations in BTC for his campaign funds. Yes, this indicates that the bitcoin era has become the right choice in all fields in the real world, such as politics or so on, that is progress that cannot be stopped. It's better to buy today than to keep postponing, take advantage of the time to keep buying.

I don't deny that bitcoin is having a better growth rate than gold, it offers higher returns than gold and that's why most of us choose bitcoin over gold. But did you realize that bitcoin's profits are getting smaller over time? In past bull seasons, bitcoin could increase by 10,000% or more but in recent years bitcoin has only been able to deliver 500%-700% returns and I believe the returns will be even smaller as the capitalization of Bitcoin is getting bigger and bigger. And will you continue to invest in bitcoin 30 years from now if it no longer offers high returns? Because with bitcoin's capitalization increasing, it is inevitable that it will become more and more stable.

So instead of focusing too much on price, we should also consider factors like bitcoin's utility and use cases. In addition to the fact that bitcoin brings better profits than gold, it is clear that bitcoin provides us with many superior utilities than gold such as privacy, ease of storage and transportation...we can even use bitcoin as an investment and use bitcoin for online payments...
I think people who care too much about the price and ignore the use cases, at some point they will leave bitcoin when it becomes stable and no longer gives them great profits.
Of course, profit is what I care about most right now, but I will not ignore the benefits that bitcoin brings and that is why I firmly believe that even when bitcoin becomes more stable, it will still be the better choose than gold.


In 2019, when he was president, Trump declared he was not interested in bitcoin, but 5 years have passed and I hope he has really changed his opinion about bitcoin after learning about it. But I also won't eliminate the suspicion that it's just because he's on the campaign trail and what he wants is more votes. What he is doing is just to get votes from bitcoin investors. So don't be so quick to believe what politicians say and always doubt what they say.

Every DCA strategy and the idea of ​​depositing bitcoins with it is groundbreaking for every period. New investors like to wait for dips but for them the DCA concept is going to be very exciting as it increases the stack of Bitcoins over time and by buying every month or week regardless of the price. You can increase your deposit amount when your floating point amount is high. New investors or depositors should prefer to keep their Bitcoin holdings high on the list as it is on the verge of another ATH touch and may cross $100K within this year. One of the most notable features of the DCA strategy is that it shows the unit price average of Bitcoins over the course of the year by purchasing multiple time periods, which gradually decrease over time and the stack size increases.

Obviously I can see you woke up this morning and chose violence, I believe you saw the apology I gave after making an honest mistake leaving my post a bit confusing.

Despite reading my apology you still chose to hurl several insulting words at me, I don’t blame you though Mr high and mighty stuck up human, You were someone I looked up to as so many others here but not anymore you can keep your degrading comments to yourself.
I rather listen to simple understanding people than online bullies like yourself.

Very true. DCA method is not necessarily attached to certain factors such as time of high or low. It's done at any point where you have the funds to buy with. The idea of DCA is actually investing planned or same amount consistently, which would help to balance all purchase price overtime. By investing more or less, there is actually a deviation from the original concept of DCA. Buying too much at a higher point would definitely increase the average buying amount and can only be balance when we do thesame as buying at a lower price.