Who says it's too late to buy Bitcoin?

[Z_MBFM]

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying,

I mean, if the market condition is favorable, then yes, 'Huge sum can be invested', this is lum sum investment all by itself.
Investing at a favorable market price is a plus point 'if achievable,' otherwise, it depends on person to person 'depending on the market condition they want to invest in.'

Bitcoin is not like alts. Bitcoin is Bitcoin It controls itself and also controls the entire crypto market. When you talk about Bitcoin there shouldn't be any fixed investment period. Because Bitcoin moves in a circle.  So the price of Bitcoin is never capped after going down. The price of Bitcoin drops for a short period of time but quickly rises again. Those who have been in the crypto world for a long time know very well about the behavior of Bitcoin. No one has ever lost a long-term investment in Bitcoin. Because no matter how exorbitant someone buys Bitcoin, Bitcoin has created an ATH at a higher price. This is how Bitcoin will behave in the future. Because it has a fixed supply that will never increase. But the global demand will increase day by day.  So one should always continue to invest in Bitcoin following DCA, and if one gets Bitcoin price dip then it will be a big pluspoint for him.

[Tmoonz]

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying,

I mean, if the market condition is favorable, then yes, 'Huge sum can be invested', this is lum sum investment all by itself.
Investing at a favorable market price is a plus point 'if achievable,' otherwise, it depends on person to person 'depending on the market condition they want to invest in.'

What is your definition of a favorable market?  It seems that you are not taking correction, an ideal investors invest at all Market conditions because all they are only thinking about is to increase their Bitcoin portfolio, they can buy through the DCA weekly or monthly irrespective of the market conditions, they can buy through the lump sum if they have a lump sum amount right away irrespective of the market conditions while buying the dip offers buying more Bitcoin at a cheaper price compared to its previous high, they can as well buy too if such plan was made with a reserve funds, you need to understand the difference between buying the dip and lump sum buy.

[avp2306]

Traders see when prices will rise and when prices will fall.

If traders can see when the BTC prices rise or fall, then they would be pretty rich, but instead traders are generally losers - especially when it comes to bitcoin and especially when it comes to longer time frames such as 1-2 cycles or more into the future.

Sure, traders try to predict which way the BTC price is going to go, and then they move themselves in and out of bitcoin based on their anticipations of which way the BTC price will go.  It's a losers game, even if some of them might have long streaks of success, it does not take too many times being wrong before much if not all of the gains end up getting wiped out and they end up in a worse position than if they just bought bitcoin consistently over the years and otherwise just held bitcoin without selling it.

Traders don't have the ability to see into the future and tell 9f the price will pump or dump, they are only limited to smaller time frames which could be guessed or making use of some random technical analysis  to tell the price movement's directly.  If traders could see the future of price movement don't you think that more than half of the world population would want to be a trader? Besides traders loss more than a regular bitcoin holder especially when it comes to pump and dump shitcoins. From my perspective, I view trading as another form of gambling where your knowledge, emotion/instincts, and luck has to be present before you can make a win. I know of few person who have started trading yet all their stories always end up in loses, and trust me these dudes have spent countless working hours  studying and making research about a specific project before they start hiting the buy or sell buttons yet they'll prefer to keep losing than start accumulating bitcoin which is a wrong ideology.

Everything is speculation when it comes on trading although some may say that they can do something to increase their chance to win, but everything they do doesn't actually give any guarantee that's why we usually see people quit into trading because that is not sustainable activity.

People usually got hype up with trading when they are new, but when they test out how technical it is and how hard to earn sustainable profits there for sure they end up quitting. That's why I don't recommend this game because the nature of risk and people would end up losing rather than gaining especially if they are lame or have greedy thoughts on each trade they executed.

Same as you I see trading stories end up to losing since this is what I experience to.

[xOrpian]

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying,

I mean, if the market condition is favorable, then yes, 'Huge sum can be invested', this is lum sum investment all by itself.
Investing at a favorable market price is a plus point 'if achievable,' otherwise, it depends on person to person 'depending on the market condition they want to invest in.'

What is your definition of a favorable market?

I said, it depends on what price the person wants to invest in, that's why 'Person to person', majority of traders know, not everyone will buy at a certain range, and not every market condition will be favorable, for everyone to invest.

If you want to invest 'Lump sum' amount at current price, sure you can do that. If you want to buy in bear market, bull market, after a certain news, infinite possibilities. Then yes you can do that too.

I don't mean everyone should follow my recommendations or how I would invest. I am laying out possibilities and my opinion (no offense to anyone).

[Nightwatchmare]

I want advice from those who have been working in Bitcoin for a long time and some advice on how to do something good if I work on it is good for those who are new and want to work with Bitcoin.  Because new bitcoin users don't know when the price of bitcoin goes up and down sometimes.  That may not do any good by buying bitcoins.

I am a newbie like you, but the little i have known about bitcoin since i came across this forum has made me know that no one knows when bitcoin will increase in price and decrease in price, and you will be wasting your time to know when bitcoin will increase and decrease in price. If you want to invest in bitcoin but you believe bitcoin is expensive for you to invest your money immediately and you want to wait for bitcoin to decrease before you can accumulate bitcoin, there's no need for you to wait for bitcoin to decrease; you can use dollar cost averaging and be accumulating bitcoin when your money is available, and you can begin to increase your bitcoin gradually.

[Lembo69]

As a newbie to Bitcoin investment, you don't need to bother yourself with knowing what the price of Bitcoin will be instead, your interest should be how to buy Bitcoin and store it properly for several years. To do this successfully, you need to make your final plans to enable you buy Bitcoin with only money you can afford to leave in Bitcoin for many years like 5 to 10 years without having urgent need of it. You will also be better off if you set aside some funds called emergency funds to help you protect your Bitcoin, this funds being what you will lay hands on incase you have something that came up unplanned which you must fix.

One method of buying Bitcoin that is generally recommended for a new investor is the DCA method which requires buying Bitcoin with a convenient amount of money on a regular basis like weekly or monthly. If you have a regular cash flow like salary, this method is easy and straightforward to apply because it will just require you to calculate a certain percentage of the salary that you can put into Bitcoin and no be in any financial stress. If you income is not also regular, you can still work out a way of using the DCA method but that will require some extrapolation to achieve a definitive amount to commit to Bitcoin per period of time.  

Once a newcomer has made up his mind that he is going to invest in Bitcoin then he should plan a strategy on how to start accumulation Bitcoin. The best strategy that suits most of us is DCA since many of us can't afford a Lump Sum investment though Lump Sum is more profitable then DCA in the long run. With DCA the main benefit is that if we have extra cash available in our 5 years or more journey of investment then we can invest that. Moreover with time our understanding about Bitcoin increases and we are in better position of managing cash that goes into Bitcoin every week or month.  

People now buy bitcoin, just for the sake of having bitcoins, looking at mainstream... at least most of them.
It's better if you invest something for future, if it's 'Lump Sum' then it's much better if investment is made once, and headache of buying through DCA (Again, and again), even better if you had invested huge sum when it's bear market (But we never know how far the market can fall, or rise after the investment...).

If you go risk-wise, then investment made through DCA will be less volatile than a 'Lump Sum' investment...

However, I'd prefer a combination of both (If asked)... Lump Sum when there's a massive amount at my disposal (and the condition of the market is favorable for the investment), then smaller investments through DCA whenever I can.

The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.

February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.

March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.

But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.

[Churchillvv]

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There are ways to keep two somewhat contradictory thoughts in mind at the same time.

Bitcoin is not guaranteed to be profitable in the future.

Perhaps it's most likely to be a balanced equation not to take bitcoin of full guarantee yet be positive towards it since from the patterns or past of bitcoin it has never failed to make an increase in value or price within/after the cycles making it one of the best infsce the best investments so far leading governments to introduce Strategic Reserve as a means of reassurance that bitcoin is a paradigm which I always point at from the onset I knew about bitcoin.

Various aspects of the future are based on probabilities rather than certainties, especially when we have various aspects of human conduct included in the formula.  Bitcoin can be amazing, while its future also being probabilistic.

Of course nothing is guaranteed in the future it's very much true and I tend to agree towards that even though bitcoin has been able to move forward in terms of price yet a volatile currency but however from past and partners bitcoin have been able to make a known and acknowledge fact that it's price tends to increase in every and/or after 4 years hence this one single behaviour of bitcoin makes it more somewhat reliable to a great extent having to include the recent adoptions by governments that bitcoin is not guaranteed compared to other investments yet much more inclined to do the same as old which means it would if possible keep appreciating compared to other investments. However it might seem like risk or is probably a risk but a lesser risk in terms of all other investment that exist out there.

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Perhaps just like I said above bitcoin in my opinion is a paradigm that shifted the world thoughts from a fiat system to a digital currency which has more of the real definition of money yet is under adopted in terms of world class investment however it holds more potential for profit for both individuals who grabs the opportunity from the onset to invest in it even those who are yet to invest including institutions and governments who are probably getting to hold a good percent of bitcoin in other to keep the centralisation system intact yet bitcoin seems to be deviant in terms of manipulation as much as fiat printing.

Of course, bitcoin is offering something new that has never been previously available, so yeah, we had not been able to hold and transfer digital value prior to bitcoin because of the duplicatability problem which was solved by the way bitcoin is set up to decentrally confirm and verify the digital scarcity.

Sure bitcoin has solved this duplicatablity issues in terms of comparison with fiat yet I would add that into in for some reason has much more definition of money in the overall definition of money hence I applaud for this reason yet it's more of a paradigm that shifted out thoughts from fiat (physical values) to digital values (bitcoin).

Sure bitcoin gave individuals who see it's potentials the opportunity to move from one financial class to another mobilising a good number of people in the world to a different financial state including me yet I'm considering to be very under invested in bitcoin yet it has proven the trust however if anyone is yet to see this potentials of bitcoin then they are probably blinded with the fiat system but in some ways some for some restrictions in countries are yet to find out all this about bitcoin. As long as one is able to pay their daily expenses yet with a slight knowledge of bitcoin hence it's most encouraged to grab some good quantities of bitcoin and store in a good wallet (cold storage) hence it's probably going to profit them.

No doubt, the earlier that folks get into bitcoin the better for them personally, even though we still have around 99% of the world's population with no actual direct price exposure.  They do not own any and they have none on exchanges either.

Perhaps it's still not clear to me that with the large exposure of bitcoin in my consciousness yet we (bitcoin holders) are just within the population of 1% in the would this of course keeps me up all night trying to figure out how much possible I could hold a better percentage of the 21 million bitcoin yet governments are likely to put run individuals on this but however the least individuals hold us quiet a good step towards class mobility.

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Young folks this days seem to be claiming to be too late to buy bitcoin yet they find themselves convincing each other to go into some kind of shitcoins trying to shift themselves to the early days of bitcoin hoping to be profitable through gambling with shitcoins but perhaps if folks get aggressive enough or even consistent with DCA they might even in/with a short period of 4- 10 years be able to accumulate enough bitcoin to hold in a long term.

Yes, a lot of young people get distracted into shitcoins, and that will likely be to their detriment.  Surely, there will be some who come over to bitcoin, and so there are some abilities for young people to make those kinds of mistakes and still be able to recover from their mistakes.

Of course some guys got into bitcoin for the fact that they got caught out with shitcoins and fell in to regrets having to run back to bitcoin and this mere fact that most of the young folks are still gambling with shitcoins trying to figure out there way means lots more guys will be able to find themselves with bitcoin after a period of time yet such time must have been wasted yet it's still some kind of eye opener for younger folks like me.

and of course coin security is very paramount but yet if one finds themselves in the early accumulation stage then self custody is probably a second step towards seriousness in holding for a long term yet the first step is to begin with the least one can afford to do without in a certain length of years not necessarily what one can afford to loss however it's most encouraged personally to start first and every other steps will be figured out along the line.

I think that personal financial (cashflow) management is much more important, and still guys can figure out how many BTC they have that might trigger them to put some of their bitcoin (if not most, if not all) into self-custody.  I personally think that there will be some advantages to continue to use various custodial solutions for some portions of stash and when transacting BTC with others, yet there will also be value to figure out how to engage in practices to transact directly with others, whether businesses or individuals.

I have for some reason figured out throughout my time in the forum that coin security happens to be taking more serious once on have heard some amount of bitcoin that might be equivalent to $500 -$1000 worth of bitcoin in an exchange wallet or account then one is due for setting up a cold wallet or storage as long as one is in the long term investment mindset yet it's much more of financial balancing that comes first in terms of all investment figuring out how much aggressive one would be, how much allocated from your income would be set aside for bitcoin and how much of expenses one needs to cut down and setting up emergency funds etc as must important however coin security after all this should be made priority once one is convinced of long term investment.

[JayJuanGee]

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying,

I mean, if the market condition is favorable, then yes, 'Huge sum can be invested', this is lum sum investment all by itself.
Investing at a favorable market price is a plus point 'if achievable,' otherwise, it depends on person to person 'depending on the market condition they want to invest in.'

What is your definition of a favorable market?

I said, it depends on what price the person wants to invest in, that's why 'Person to person', majority of traders know, not everyone will buy at a certain range, and not every market condition will be favorable, for everyone to invest.

Part of your problem xOrpian is that you are using terms differently than the way that other guys are using terms.

Yeah.  You can do whatever the fuck you like in terms of trying to time the market and anticipate if there is a dip or not.

If you think that buying the dip works to your advantage, then go ahead and use that method.. .If you are saving a lump sum in order to buy the dip, then you are calling what you are doing lump sum, but you are buying the dip... so you try to act as if you are doing something special and innovative, and guys here don't necessarily agree that you are going to be better off to try to to time the market and to buy on dips  rather than just buying regularly and all of the time, even though you are correct, you can do whatever you like including if you think that you are smarter than everyone else, even though you have only been here a week.

Sure, it is possible that you have been investing in bitcoin and even investing in other kinds of assets longer, so we cannot necessarily presume that you are new to investing, or new to bitcoin or even new to this thread if you might have had been here under some other name... but as far as your forum registration goes you have only been here a week or two.

In regards to accumulating bitcoin, there are three ways to buy bitcoin, which is DCA, lump sum or buying on dips.

Some people consider trading to be a way to accumulate bitcoin too, which would be selling and then buying back cheaper, so yeah sometimes the ideas of trading and investing will be argued about.  In a thread like this, there is a bit of an investing skew, and sure there is an investing skew to all of bitcoin, since bitcoin is likely better to invest rather than to try to trade, even though surely there are guys who think that they are smarter than everyone else and they try to trade bitcoin.. which yeah they have rights to do whatever they like.

Frequently when we talk about DCA, versus lump sum versus buying on dips, we talk about them as three different ways to consider buying.  There is no such thing as lump summing that is buying on dips, because all that you are really doing is buying on dips.

So the idea of lump sum has to do with whenever you might get some extra money, and you are deciding whether you are going to buy right away, or whether you might defer buying by DCA or buying on dips (dips that might not end up happening).

Buying right away is a way to treat the lump sum.

Let's say if you already have a $30k per year income and you had been buying $100 per week for 2 years, so that means, that you had invested around $10,400 into bitcoin. $5,200 per year x 2.  Now if all of a sudden you received some extra cash, such as a $2,600 bonus at work, then with that extra cash you could decide to authorize yourself to invest it all into bitcoin. ... and so you could decide between 1) DCA, 2) lump sum (buy right away) and/or 3) buy on dips.  You can decide however you like between those three buying methods, and that $2,600 would equal half of the amount that you had invested the previous year into bitcoin, and maybe you already know that you are continuing to invest $100 every week into bitcoin whether you had gotten the bonus or not.

We might even assume that if you had already been investing into bitcoin for 2 years, you had already spent time making sure that you have emergency funds and other kinds of reserve funds, so then we might assume that you have had time to strengthen your cashflow management systems and skills, yet surely some guys get distracted into shitcoins and into trading, so not everyone breaks their bad habits, even after being in bitcoin for a couple of years.

If you want to invest 'Lump sum' amount at current price, sure you can do that. If you want to buy in bear market, bull market, after a certain news, infinite possibilities. Then yes you can do that too.

Yes, each of us can do whatever, we like, yet we likely realize that some kinds of behaviors are smarter than others, so frequently we can bat around ideas about what we might consider to be better practices, and you are free to follow whatever practice that you like, including you are free to proclaim that whatever you are doing is better than everyone else, if that might be what you are wanting to achieve.

Sometimes newbies come and they want to lecture, yet if guys do not really know you or your posts, we might not really know what you are talking about, especially if you are using terms in ways that seem different from how the terms are understood.

So yeah, if you are talking about buying dips, then surely there are trade offs in regard to buying dips, when the dips might not come and you might end up engaging in inferior practices, especially when it comes to bitcoin accumulation, unless you might be a trader, then of course, you might not even understand or appreciate what bitcoin is if you think that it is merely an asset to try to trade.

I don't mean everyone should follow my recommendations or how I would invest. I am laying out possibilities and my opinion (no offense to anyone).

You have not really laid out anything, except maybe trying to describe that you believe that it is better to try to buy on dips,.. but yeah, whatever you were saying remains a bit since you have been a bit unclear since your use of language has been unclear when you are describing buying on dips, but you seem to be describing that as lump sum buying.. so surely whatever you are describing remains a bit of a puzzle....even though Tmoonz seemed to be trying to help to sort out what you were saying...

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Perhaps just like I said above bitcoin in my opinion is a paradigm that shifted the world thoughts from a fiat system to a digital currency which has more of the real definition of money yet is under adopted in terms of world class investment however it holds more potential for profit for both individuals who grabs the opportunity from the onset to invest in it even those who are yet to invest including institutions and governments who are probably getting to hold a good percent of bitcoin in other to keep the centralisation system intact yet bitcoin seems to be deviant in terms of manipulation as much as fiat printing.

Of course, bitcoin is offering something new that has never been previously available, so yeah, we had not been able to hold and transfer digital value prior to bitcoin because of the duplicatability problem which was solved by the way bitcoin is set up to decentrally confirm and verify the digital scarcity.

Sure bitcoin has solved this duplicatablity issues in terms of comparison with fiat yet I would add that into in for some reason has much more definition of money in the overall definition of money hence I applaud for this reason yet it's more of a paradigm that shifted out thoughts from fiat (physical values) to digital values (bitcoin).

I doubt that we are getting anywhere if we merely consider bitcoin to be digital rather than physical, even though sure, there is a digital component, but the digital does not mean shit, if it were able to be duplicated.

Sure bitcoin gave individuals who see it's potentials the opportunity to move from one financial class to another mobilising a good number of people in the world to a different financial state including me yet I'm considering to be very under invested in bitcoin yet it has proven the trust however if anyone is yet to see this potentials of bitcoin then they are probably blinded with the fiat system but in some ways some for some restrictions in countries are yet to find out all this about bitcoin. As long as one is able to pay their daily expenses yet with a slight knowledge of bitcoin hence it's most encouraged to grab some good quantities of bitcoin and store in a good wallet (cold storage) hence it's probably going to profit them.

No doubt, the earlier that folks get into bitcoin the better for them personally, even though we still have around 99% of the world's population with no actual direct price exposure.  They do not own any and they have none on exchanges either.

Perhaps it's still not clear to me that with the large exposure of bitcoin in my consciousness yet we (bitcoin holders) are just within the population of 1% in the would this of course keeps me up all night trying to figure out how much possible I could hold a better percentage of the 21 million bitcoin yet governments are likely to put run individuals on this but however the least individuals hold us quiet a good step towards class mobility.

I am not sure how helpful it is to attempt to overthink the matter, but sure, if you are a young person who is still trying to figure out what career he is going to have, you are going to have to figure out what role bitcoin is going to have in your world and to figure out your allocation or how you are going to hold onto it. 

I have a hard time imagining that you would be able to make it to fuck you status in your early 20s, yet you still might choose to have work and/or activities in bitcoin, besides your just holding and accumulating  it... but yeah, if you keep accumulating it, then surely at some point you might consider that you have enough bitcoin or more than enough bitcoin and you might decide to start to live off of your bitcoin, but you are still likely going to need to figure out  your various systems for doing that based on your expected lifestyle and what kinds of activities that you might want to do, if you might end up choosing not to work, even though you are a young person.

Snip

Young folks this days seem to be claiming to be too late to buy bitcoin yet they find themselves convincing each other to go into some kind of shitcoins trying to shift themselves to the early days of bitcoin hoping to be profitable through gambling with shitcoins but perhaps if folks get aggressive enough or even consistent with DCA they might even in/with a short period of 4- 10 years be able to accumulate enough bitcoin to hold in a long term.

Yes, a lot of young people get distracted into shitcoins, and that will likely be to their detriment.  Surely, there will be some who come over to bitcoin, and so there are some abilities for young people to make those kinds of mistakes and still be able to recover from their mistakes.

Of course some guys got into bitcoin for the fact that they got caught out with shitcoins and fell in to regrets having to run back to bitcoin and this mere fact that most of the young folks are still gambling with shitcoins trying to figure out there way means lots more guys will be able to find themselves with bitcoin after a period of time yet such time must have been wasted yet it's still some kind of eye opener for younger folks like me.

I doubt that shitcoining is going to be going away, so if you are young you could still end up getting lured into it.

and of course coin security is very paramount but yet if one finds themselves in the early accumulation stage then self custody is probably a second step towards seriousness in holding for a long term yet the first step is to begin with the least one can afford to do without in a certain length of years not necessarily what one can afford to loss however it's most encouraged personally to start first and every other steps will be figured out along the line.

I think that personal financial (cashflow) management is much more important, and still guys can figure out how many BTC they have that might trigger them to put some of their bitcoin (if not most, if not all) into self-custody.  I personally think that there will be some advantages to continue to use various custodial solutions for some portions of stash and when transacting BTC with others, yet there will also be value to figure out how to engage in practices to transact directly with others, whether businesses or individuals.

I have for some reason figured out throughout my time in the forum that coin security happens to be taking more serious once on have heard some amount of bitcoin that might be equivalent to $500 -$1000 worth of bitcoin in an exchange wallet or account then one is due for setting up a cold wallet or storage as long as one is in the long term investment mindset yet it's much more of financial balancing that comes first in terms of all investment figuring out how much aggressive one would be, how much allocated from your income would be set aside for bitcoin and how much of expenses one needs to cut down and setting up emergency funds etc as must important however coin security after all this should be made priority once one is convinced of long term investment.

You can learn about various kinds of self-custodial solutions, and since various kinds of wallets are still being developed, you may well end up getting exposure to various kinds of wallets, and some are better than others.  Some can be used on lightning network and others not.. And some folks want to learn about running nodes, so there are all kinds of things that you can continue to learn (and perhaps teach others) about bitcoin.

[Fivestar4everMVP]

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.

Sometimes it's blessing in disguise that we forget things we have in our custody like Bitcoins. But Bitcoin and just forget them (without losing the keys)      

Only because of OpSec I am not sharing screenshot of my wallet along with other details. Hope it's not required as I want to highlight the point related to Bitcoin gain in value and advantage of forgetting the Bitcoins you have (without losing the keys).

As much as I love to agree with you because you are sure right, I would also say that it's not easy or even possible to buy bitcoin, withdraw them to a wallet and purposely forget about it, I am doing saying it's not doable, but this will require someone who has another good and reliable source of income, because it is only possible to forget about money in the bank when the person has much more than enough cash in his hands to carter for all of his or her need for a very long period of time.

But all the same though, this is a very good advice but only for those who already have other good and reliable source of income to depend on, not for those who may likely buy bitcoin today and expect it to x10 by tomorrow so they can sell and make some profits.

[Frankolala]

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.

Sometimes it's blessing in disguise that we forget things we have in our custody like Bitcoins. But Bitcoin and just forget them (without losing the keys)      

Only because of OpSec I am not sharing screenshot of my wallet along with other details. Hope it's not required as I want to highlight the point related to Bitcoin gain in value and advantage of forgetting the Bitcoins you have (without losing the keys).

As much as I love to agree with you because you are sure right, I would also say that it's not easy or even possible to buy bitcoin, withdraw them to a wallet and purposely forget about it, I am doing saying it's not doable, but this will require someone who has another good and reliable source of income, because it is only possible to forget about money in the bank when the person has much more than enough cash in his hands to carter for all of his or her need for a very long period of time.

But all the same though, this is a very good advice but only for those who already have other good and reliable source of income to depend on, not for those who may likely buy bitcoin today and expect it to x10 by tomorrow so they can sell and make some profits.

Whoever doesn't have a discretionary income shouldn't buy bitcoin because he will sell it when his needs arises. Bitcoin is an investment that needs money for you to invest in. Therefore, you must have a source of income that can take care of your needs and monthly expenses, the leftover can be invested into bitcoin so that you can hodli for a long time of 10 years and above.

 Anyone that understands what kind of asset that bitcoin is, will take it very serious upon himself to invest and grow his bitcoin portfolio overtime with regular ongoing buying, consistently and persistently till he reaches his bitcoin target in future. Bitcoin is not a get rich quick scheme, and shouldn't be considered as a tools for trading in chase of little profits.

[Lanatsa]

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The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.

February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.

March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.

But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.

Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.

People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential. Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability. Buybacks will really be in accordance into your own preference,choice and analysis. The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.

[Proty]

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The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.

February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.

March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.

But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.

Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.

People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential. Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability. Buybacks will really be in accordance into your own preference,choice and analysis. The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.

Waiting for market corrections when you are a no coiner or a low coiner is not a good idea and it is obvious you don't really understand what the DCA strategy is all about the DCA strategy offers a hedge against bitcoin volatility since an investor is buying bitcoin at different prices .so it is not sensible for one to be a no coiner or for a low coiner to be waiting for a desire dips

[xOrpian]

Part of your problem xOrpian is that you are using terms differently than the way that other guys are using terms.

Yeah.  You can do whatever the fuck you like in terms of trying to time the market and anticipate if there is a dip or not.

If you think that buying the dip works to your advantage, then go ahead and use that method.. .If you are saving a lump sum in order to buy the dip, then you are calling what you are doing lump sum, but you are buying the dip... so you try to act as if you are doing something special and innovative, and guys here don't necessarily agree that you are going to be better off to try to to time the market and to buy on dips  rather than just buying regularly and all of the time, even though you are correct, you can do whatever you like including if you think that you are smarter than everyone else, even though you have only been here a week.

Sure, it is possible that you have been investing in bitcoin and even investing in other kinds of assets longer, so we cannot necessarily presume that you are new to investing, or new to bitcoin or even new to this thread if you might have had been here under some other name... but as far as your forum registration goes you have only been here a week or two.

In regards to accumulating bitcoin, there are three ways to buy bitcoin, which is DCA, lump sum or buying on dips.

Some people consider trading to be a way to accumulate bitcoin too, which would be selling and then buying back cheaper, so yeah sometimes the ideas of trading and investing will be argued about.  In a thread like this, there is a bit of an investing skew, and sure there is an investing skew to all of bitcoin, since bitcoin is likely better to invest rather than to try to trade, even though surely there are guys who think that they are smarter than everyone else and they try to trade bitcoin.. which yeah they have rights to do whatever they like.

Frequently when we talk about DCA, versus lump sum versus buying on dips, we talk about them as three different ways to consider buying.  There is no such thing as lump summing that is buying on dips, because all that you are really doing is buying on dips.

So the idea of lump sum has to do with whenever you might get some extra money, and you are deciding whether you are going to buy right away, or whether you might defer buying by DCA or buying on dips (dips that might not end up happening).

Buying right away is a way to treat the lump sum.

If you want to invest 'Lump sum' amount at current price, sure you can do that. If you want to buy in bear market, bull market, after a certain news, infinite possibilities. Then yes you can do that too.

Yes, each of us can do whatever, we like, yet we likely realize that some kinds of behaviors are smarter than others, so frequently we can bat around ideas about what we might consider to be better practices, and you are free to follow whatever practice that you like, including you are free to proclaim that whatever you are doing is better than everyone else, if that might be what you are wanting to achieve.

Sometimes newbies come and they want to lecture, yet if guys do not really know you or your posts, we might not really know what you are talking about, especially if you are using terms in ways that seem different from how the terms are understood.

So yeah, if you are talking about buying dips, then surely there are trade offs in regard to buying dips, when the dips might not come and you might end up engaging in inferior practices, especially when it comes to bitcoin accumulation, unless you might be a trader, then of course, you might not even understand or appreciate what bitcoin is if you think that it is merely an asset to try to trade.

I understand, thanks a lot for pointing out the flaws in my argument, I really appreciate it a lot, I am not very much used to discussions like these, so it could be a problem, after some time it should become easy.

Yes, that makes sense, having 3 methods of buying Bitcoin DCA, LS, and BODips. It also doesn't rule out the possibility of someone using those effectively and in sync depending on market and preference (I can understand people can have trouble connecting the dots as to what I truly want to point if they don't see the exact pattern I see of using 3 methods together) - There will also be people who won't be buying bitcoins on Dips, if they're new and buying bitcoins (Just for the sake of having bitcoin, in future they might learn to buy effectively but people don't start pixel perfect in investing (buying bitcoins I am referring here).

I've traded a lot and invested in a few projects (Those looked promising, but some didn't deliver the results as expected) - I am with you here, Investment is much preferable if good result can be yielded (Less headache to keep looking at charts, some people again won't have a problem with this) - I just used Bot when I used to trade, some time different methods using EMA, RSI, Fibonacci, sure there are others, but these yielded good results when the market condition were favorable, but still I won't want to keep every method/strategy in mind for every trade I make, again that's just me.

Let's say if you already have a $30k per year income and you had been buying $100 per week for 2 years, so that means, that you had invested around $10,400 into bitcoin. $5,200 per year x 2.  Now if all of a sudden you received some extra cash, such as a $2,600 bonus at work, then with that extra cash you could decide to authorize yourself to invest it all into bitcoin. ... and so you could decide between 1) DCA, 2) lump sum (buy right away) and/or 3) buy on dips.  You can decide however you like between those three buying methods, and that $2,600 would equal half of the amount that you had invested the previous year into bitcoin, and maybe you already know that you are continuing to invest $100 every week into bitcoin whether you had gotten the bonus or not.

We might even assume that if you had already been investing into bitcoin for 2 years, you had already spent time making sure that you have emergency funds and other kinds of reserve funds, so then we might assume that you have had time to strengthen your cashflow management systems and skills, yet surely some guys get distracted into shitcoins and into trading, so not everyone breaks their bad habits, even after being in bitcoin for a couple of years.

I understand. Take your example: I invested 100$ per week in buying bitcoins for 2 years, and that'd be using DCA. Now, when it comes to a bonus of $2,600, I will analyze the market condition, and based on that, I will buy Bitcoin, I am unsure if I will again buy DCA, I'd prefer to invest everything at once if the market condition suits it, or I will buy in Dips if market is volatile, and I have a time bound by which I'll have to buy

I don't mean everyone should follow my recommendations or how I would invest. I am laying out possibilities and my opinion (no offense to anyone).

You have not really laid out anything, except maybe trying to describe that you believe that it is better to try to buy on dips,.. but yeah, whatever you were saying remains a bit since you have been a bit unclear since your use of language has been unclear when you are describing buying on dips, but you seem to be describing that as lump sum buying.. so surely whatever you are describing remains a bit of a puzzle....even though Tmoonz seemed to be trying to help to sort out what you were saying...

I have to admit, I am not good at explaining everything I mean. I am used to telling people what to do after I lay out doing something optimally, though I can make mistakes, like everyone else.

However, I'd prefer a combination of both (If asked)... Lump Sum when there's a massive amount at my disposal (and the condition of the market is favorable for the investment), then smaller investments through DCA whenever I can.

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying, for an investor the market conditions is always favorable to buy Bitcoin provided that the investment money is readily available for investment and they are buying to hold for long term, for me I prefer making investment decisions based on the available discretionary income rather than based on the market conditions. However, it an investor decision to maximize using various strategies of accumulating Bitcoin if only they have the funds for executions.

I agree with a lot of what you say, but with 'Condition being always favorable to buy bitcoin,' This I don't agree with, I have seen market go bear multiple times since 2013 up until now, indeed it recovered, and even bypassed the previous high, but it took time 'Years' if I be specific. And not every investor knew what was going to happen to the market, they made some predictions based on human psychology, and news (That's what institutional traders do when they trade huge amounts), some were just holders of bitcoin (These were rare).

I mean both, but yes buying the dip instead of a lump sum buying, what I actually intenteded was to make multiple buys considering the money I have, or get.
Lump sum investment, after the buying the Dip in future (Since the Lump sum investment took all the money I had, and there's no saying I won't buy again, but will I buy using Lump Sum same as before, possibly yes) - I know it can be hard when understanding what I mean.


I would've made this post yesterday, but I kept a draft after formulating everything, including whether there's something to add.

[hero_the_bossman]

I want advice from those who have been working in Bitcoin for a long time and some advice on how to do something good if I work on it is good for those who are new and want to work with Bitcoin.  Because new bitcoin users don't know when the price of bitcoin goes up and down sometimes.  That may not do any good by buying bitcoins.

I am a newbie like you, but the little i have known about bitcoin since i came across this forum has made me know that no one knows when bitcoin will increase in price and decrease in price, and you will be wasting your time to know when bitcoin will increase and decrease in price. If you want to invest in bitcoin but you believe bitcoin is expensive for you to invest your money immediately and you want to wait for bitcoin to decrease before you can accumulate bitcoin, there's no need for you to wait for bitcoin to decrease; you can use dollar cost averaging and be accumulating bitcoin when your money is available, and you can begin to increase your bitcoin gradually.

Just invest what you can, and keep it steady.

Your accumulated BTC will thank you later.

[Sticky Bomb]

...

As much as I love to agree with you because you are sure right, I would also say that it's not easy or even possible to buy bitcoin, withdraw them to a wallet and purposely forget about it, I am doing saying it's not doable, but this will require someone who has another good and reliable source of income, because it is only possible to forget about money in the bank when the person has much more than enough cash in his hands to carter for all of his or her need for a very long period of time.

But all the same though, this is a very good advice but only for those who already have other good and reliable source of income to depend on, not for those who may likely buy bitcoin today and expect it to x10 by tomorrow so they can sell and make some profits.

One of the primary things you'll do to secure your investment is having a steady source of income and building backup funds, this is important since you'll have to sustain your accumulation journey from it. Again, having an accumulation target and a purpose which the stated bitcoins you're accumulating would serve for you on the long-run keeps you going since you've a target.

One thing that makes it difficult to forget your coins intentionally is if you're overly disturbed by the noise from the market volatility, media propagandas and other side distractions. Investors who are committed to their accumulation journey pays less attention to media and market distraction, furthermore use the market conditions to their advantage perhaps when dips present themselves in course of their regular accumulation.

If you're focused on your accumulation target, consistency and commitment to your purchases and overall your purpose of accumulating Bitcoin, I think you'll be able to buy, consolidate and withdraw to your wallet for storage without much problems or contemplations.

[Dailyscript]

Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.

Immdediately you decide to wait for the market to dip for you to buy bitcoin you are literally practising trading, that is not investment in any form. I dont agree with you in a lot of things. Anyone can practise the DCA you cant say it is not applicable to everyone. A no coiner can DCA and low coiner can DCA and those who have also reach their target can DCA adding more fractions to their asset. At the same time somone who decidese to DCA or use any other strategy can still buy more Bitcoin agreesively or not by waiting for dips if he has more discretionary income to invest with without hindering the actual method he is using to DCA.

Have you every what happens when you wait for the price to be lower and it never gets lower? You will have no option to wait for as long as the price still remains high such investment strategy will make you not to invest in Bitcoin at all and it is wrong to use it as a permanent investment method.

[Sim_card]

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The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.

February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.

March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.

But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.

Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.

People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential. Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability. Buybacks will really be in accordance into your own preference,choice and analysis. The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.

DCA is the most effective method to accumulate bitcoin overtime as a new beginner with low discretionary income, those with high discretionary income can also benefit from it. Waiting for the dip to buy cheap feels good to you and a better option but I must tell you that you will end up with very little bitcoin at a cheaper rate. Whereas, those that have been consistent and persistent on their weekly DCA will have a large size of bitcoin.

It's not by buying cheap that gives you good profits in the end, but is by how many bitcoin that you were able to accumulate in the long run. Therefore, when accumulating one shouldn't think about profit because it can mislead you into making some wrong decisions that will lead to regret.

You said about not listening to someone investment suggestions/advice so that you don't regret later. That doesn't mean that if you stick to your own, is a guarantee that you wouldn't make mistakes. Sometimes, mistakes makes us stronger by learning in a hard way.

[kurovsky]

I have a wallet which I thought was empty for months. I just recently logged in to that wallet and find out that it has still some Bitcoins. Those Bitcoins came into wallet in early part of 2024 when price of Bitcoin was around 60 to 70k. I asked Chatgpt to tell me how much I have gained and to my delight the gain is 40% (as per chatgpt calculations). A gain of 40% in less then a year is too good. I know we can easily see such gain from CMC and other websites but experiencing this in real life has it's own Aroma.  

Those who thought it's too late to buy bitcoin when it was over 50k can see how much Bitcoin has gained in less then a year.

Sometimes it's blessing in disguise that we forget things we have in our custody like Bitcoins. But Bitcoin and just forget them (without losing the keys)      

Only because of OpSec I am not sharing screenshot of my wallet along with other details. Hope it's not required as I want to highlight the point related to Bitcoin gain in value and advantage of forgetting the Bitcoins you have (without losing the keys).

That's an amazing story of unexpected gains! It really goes to show how Bitcoin can surprise us with its growth, even when we least expect it. Sometimes, forgetting about your holdings can work out in your favor—especially when the price increases so significantly. Here's a snapshot of what you mean about the power of holding onto Bitcoin: https://profitable-business.net/images/Screenshot_152112025.jpg .

[Mayor of ogba]

The idea and concept of the Lump sum buying entails buying right away, it has alot to do with investors decision to invest right away with the available huge amount without considering market condition, maybe you are describing buying the dip instead of a lump sum buying,

I mean, if the market condition is favorable, then yes, 'Huge sum can be invested', this is lum sum investment all by itself.
Investing at a favorable market price is a plus point 'if achievable,' otherwise, it depends on person to person 'depending on the market condition they want to invest in.'

You are very new to bitcoin investment, and I will not blame you for reasoning this way, but when you fail to take correction from others who have gained experience in bitcoin investment and know how to invest in bitcoin better than you means that you are not ready to learn how bitcoin investment works. It will be difficult to predict when the market will be favorable to invest and accumulate bitcoin. Instead of staying put until a favorable market happens to invest in bitcoin, why don't you start investing in bitcoin with the DCA strategy? It is more effective to accumulate bitcoin than to wait for a favorable market. You are misunderstanding the concept of the lump sum strategy. The lump strategy has nothing to do with a favorable market before you can lump sum on bitcoin. The lump sum strategy is all about buying bitcoin with a large sum of money at once even though the price of bitcoin is high or low.

[JayJuanGee]

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The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.

February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.
March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.

But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.

Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.

Of course, the whole premise of this thread is around the idea of getting into bitcoin as an investment rather than as a trade, and income and financial capacities does not preclude anyone from employing DCA - since the ONLY thing really needed to be able to DCA is to have discretionary income.  The income does not need to be steady or large as long as it is determined to be discretionary income, a person can buy bitcoin with it (every time that he has it).

Discretionary income should also be used for trading, but yeah traders might be so much into gambling that they hardly know the difference between discretionary income or money they need for expenses. . .but yeah, getting out of a traders mindset can be difficult, even when we are dealing with something like bitcoin which is amongst the best, if not the best, investment asset that is currently available accross the whole planet, yet still guys cannot resist their inclinations to gamble and to try to trade it.

People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential.

People can become confused because in many ways bitcoin has already shown a lot of its potential and those who have invested into it have profited stupendously over the years, so surely normies are going to get confused about the ongoing ability to continue to profit from bitcoin so long as they focus on accumulating it, and we still have around 1% of the world's population invested into bitcoin, yet people are still considering bitcoin as if its days have already been seen, so people continue to misunderstand it and will continue to be left out even though some folks, institutions and even governments, are jumping on board and even engaging in quite a bit of hoarding of bitcoin which will likely work to their advantage, even though we are still in early days of bitcoin.

Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability.

Of course any continued bull run is not guaranteed, but sure, it may well end up playing out, yet it can be hard for an investor to get through a whole bull run, especially if it can take a long time to build up a BTC stack, so bull runs do not necessarily help the one who is still trying to accumulate BTC and who cannot lump sum invest from the start or to be able to front load his investment into bitcoin.  Most normies cannot front load their investment, they are only able to build up their bitcoin investment through something like DCAing (ongoing and persistent buying) and then needing to be able to hold, including that I frequently suggest that the newbies should spend at least a whole 4 years building up his bitcoin position.. perhpas even longer than that depending on how much BTC he is able to buy each week.

Buybacks will really be in accordance into your own preference,choice and analysis.

buy back presumes selling and/or trading which is likely retarded and not even included as the topic of a thread like this.  You are presuming that trading is the same as investing or that any prudent investor should be trying to play the waves.. including that you are presuming that you have some ideas about how to play the upcoming wave for someone coming into bitcoin right now.. which is nearly preposterous to go along with you in terms of your presumption of what to do for yourself and especially for someone who might be newer to bitcoin and merely considering to get into bitcoin as an investment rather than fucking around trying to trade it.

The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.

Sure you are giving advice to not listen to advice, and so I can agree with you in terms of guys needing to figure out their own parameters in regards to how to prepare themselves in their bitcoin journey, and a lot of what beginners might do is to adjust their entry point in regards to position size, so surely if a guy has lump sum money available then he is going to have more options in terms of how to deploy that lump sum as compared with someone who might ONLY have discretionary income that amounts to $10 per week...

Frequently, I have been suggesting that someone with a western level income should be able to start with $100 per week invested into bitcoin, yet there can also be a lot of differences in ability to invest and/or levels of discretionary income, even when persons have western level incomes.

Even if someone has lump sum amounts available, such as savings or some value that he can reallocate into bitcoin from other sources, guys are going to be hesitant to put a lot into bitcoin if they don't really understand bitcoin's investment thesis beyond perhaps something like number go up (which seems to be part of your investment thesis into bitcoin).. so what I am suggesting that even if a person is able to lump sum invest into bitcoin, he might still be hesitant to lump sum invest into bitcoin, and even reluctant to be wanting to try to figure out  some kind of a trading style of investing (which you seem to be presenting trading ideas, even though you are also describing bitcoin as an investment), which may well cause confusion for newbies to follow your ways of describing how to enter into bitcoin.

By the way, since you have been registered on the forum since November 2015, you have had plenty of time to build up your bitcoin holdings as compared to any guys who are newer to bitcoin.  Even guys in their first 4 years of bitcoin might still be struggling to build their bitcoin stash size.