Advice for anyone new to bitcoin that is sitting on the sidelines in fear of the bull run being over due to recent price consolidation: bitcoin is the ultimate "time in the market" asset. If you're on the sidelines waiting for a dip you are going to miss massive runs.

Replies (17)

old town's avatar
old town 0 years ago
But also be careful, i listened to these influencer shitheads in 2021 and almost lost it all. The bitcoin influencer mafia were all chimping out about supercycles, “Cant taper a ponzi” blah blah blah
Anyone willing hold for minimum 4 years cannot lose no matter when they buy in. #fact
I missed many opportunities in the past (better not to comment too much on this.) I want to get in for good but don’t know much how to although probably it is quite easy. Is there a good 101 to begin with?
look at the bitcoin vs gold chart. its still below the highs of last cycle. thats one strong indicator. another strong indicator is the fact that the big moves historically always come the year AFTER the halving. regardless, even if the top is already in, step on is to GET OFF ZERO, asap, then from there work out a DCA, either a weekly or monthly investment you can keep going and forget about, of course keeping extra cash on the side ready for a big dip to scoop.
Chad Lupkes's avatar
Chad Lupkes 0 years ago
Any sat that we can buy for less than $1M BTC price is a gift.
Absolutely! 🔥 Don’t let fear hold you back! Bitcoin's a long game, and the big moves often come when you least expect it. Dive in and enjoy the ride! 🚀💰
Daily or weekly DCA. HODL that stuff and save it for a rainy day. It's the perfect savings account!