Buy the DIP, and HODL!

[Roseline492]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

The DCA method is really good no doubt but we can't really say is the best and most profitable way to Bitcoin investment rather it can be seen as the best for those who uses that method of accumulating Bitcoin

The reason for DCA strategy is not for profit so don't be confused about that because I noticed that most people have been having a misconception about the purpose of DCA because I have also seen that most people think that DCA strategy guarantees a successful investment, actually DCA is just a normal strategy and utilizing it in terms of accumulating Bitcoin depends on individual or the investors also in terms of profits is actually depends how far you have accumulated on your investment that determines it because there are people who can use DCA strategy but could not still see any good return after holding because they failed to continue there investment.

do you think those great investors actually use the DCA method now? And even if they use it I am pretty sure that it will only be few of them if at all they use it any method one chooses is best for the person not for everybody perhaps you can say is the cheapest or easiest way to go about Bitcoin investment.

Why do I get the feeling that you only see DCA strategy to be only use by people who only have smaller amounts of funds, on the contrary it can also be use by anybody including the rich because DCA strategy doesn't limit people from accumulating with a certain amount because you can accumulate using any amounts of money you can afford, so of course both the poor, rich and successful investors uses DCA, perhaps it seems you draw your conclusion through the several discussions that was talking about accumulating with a smaller amounts, actually those advice was only for those who barely have enough money or source of income but in the case of those that are wealthy they can possibly use any amounts whether big or small so long as they keep up there regular accumulation they are okay.

[Samlucky O]

All original investors will want to keep their bitcoins for a long time.  That is why every investor should implement their plans, because investing must be planned.

for me I don't see anything like original investors in bitcoin investment. what I know of is that each investor has his plan either a short time or long time plan, depending on the amount of bitcoin they can be able to accumulate withing a specific period of time.  using the word "original Investors" makes it look as if there are fake investors. though some may not be that good to invest for longer period of time but doesn't make them appear as fake from the original or long time investors as you may think.

Although currently there is a massive dip in the Bitcoin market, as Bitcoin reached $70k, from where it has touched $64k. 
This is the gap that is created and the most success is possible if you buy the dip according to this gap.

success is not measured in buying the dip by gap, surely if a person buys the dip simply because of the gap, it means you are indirectly saying you are trading and that is a form of gambling which is not advisable. buying and HODLing for long is more important than  checking the gap of bitcoin price either high or low

So every investor needs to have a separate fund in his investment list to buy bitcoin dips, and continue to invest in regular DCA method with other funds.

it is called discretion or reserved or floats

snip

An investor who starts investing for the first time invests with a plan to hold his investment for a long period of time.

Not all investors that has a long term plan. some have short time plan which I have corrected @pokon6 from the above sentence.

Investing with such a plan and working according to that plan is very difficult in reality. After investing many challenges come in front of us that after overcoming the challenges it is difficult to retain the investment and maintain the continuity of the investment. 

I believe if you read this 9 principle individual factors that influence your decision by JJG you will understand the factors and things that you should consider before investing in oder not to invest and put yourself in a tight corner. investing require to have a set target of the amount of btc to accumulate. before starting you must know your financial strength. that is You must have other source income that will help you achieve your target, from your source of income you will divide it in a way that it will not affect you. by setting aside emergency fund, feeding, investment into btc and setting aside discretion fund to help you keep buying DCA every week and buying the dip so surely if you don have a well planned strategy you will surely not going to be able to invest consistently. you can look in the JJG 9 individual factor that affect your bitcoin decision to improve yourself.

[Katherine_Alicia]

I`v Very recently decided to take the "lazy" path, up until now I`v been strategic DCAing, waiting for dips and buying, and it was fun for a couple of years, but now I`v just set up a regular Buy-order twice a month so I can pretty much just ignore it from now on, and only buy extra during dips if I feel like it.
I`m in it for a good 10 years from now anyway, so may as well just set-and-forget really, the thought of watching charts for the next 10 years really doesn`t appeal to me.
The really neat part was that I had an auto-buy last night and it was during the dip! I`d have had to stay awake all night to have caught it.

Your strategy seems great and feasible but if I understand you correctly, you will be buying in a centralized exchange and in this case, you cannot set and forget because doing that will me you will be holding your Bitcoin there. It is not safe to store your Bitcoin in centralized exchanges so even if you want to use limit orders to purchase your Bitcoin, you might need to login to withdraw it to a private wallet that you have the private keys. You might decide to check ones in a month to see if your orders have been filled or not for the DCA part, you might also need to buy using market execution and withdraw monthly to your private wallet. By the way, since you have a 10years plan, why not consider using a hardware wallet to store your coins? That is safer than wallets that are connected online.

I have been storing mine off the exchange, but I`m buying small amounts regularly, so when it builds up above a certain amount I`ll be taking it off, I want just to minimise UTXOs.

[laijsica]

The reason for DCA strategy is not for profit so don't be confused about that because I noticed that most people have been having a misconception about the purpose of DCA because I have also seen that most people think that DCA strategy guarantees a successful investment, actually DCA is just a normal strategy and utilizing it in terms of accumulating Bitcoin depends on individual or the investors also in terms of profits is actually depends how far you have accumulated on your investment that determines it because there are people who can use DCA strategy but could not still see any good return after holding because they failed to continue there investment.

I don't agree with you. DCA strategy is for investors to take profits and that should be uninterrupted for long term through regular investments (buy). This is an ideal method for people of any income where people can accumulate bitcoin regularly keeping in line with his income so there is no scope for confusion with DCA. DCA strategy is chosen by people for depositing bitcoins because depositing for a long time and taking it to a desired point so that he can get huge profit. Although he can also choose to keep holdings for future generations and valuable bitcoins alongside traditional assets. A Bitcoin depositor tends to keep depositing for a long time which can be at least 4-10 years or more. Continue with DCA strategy for long term to diversify your portfolio which is what your better return should come.

[Obim34]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

The DCA method is really good no doubt but we can't really say is the best and most profitable way to Bitcoin investment rather it can be seen as the best for those who uses that method of accumulating Bitcoin

The reason for DCA strategy is not for profit so don't be confused about that because I noticed that most people have been having a misconception about the purpose of DCA because I have also seen that most people think that DCA strategy guarantees a successful investment, actually DCA is just a normal strategy and utilizing it in terms of accumulating Bitcoin depends on individual or the investors also in terms of profits is actually depends how far you have accumulated on your investment that determines it because there are people who can use DCA strategy but could not still see any good return after holding because they failed to continue there investment.

I barely understand what you mean in this context, there should have been no need contradicting yourself all along. If the DCA is used to accumulate Bitcoin, and we know Bitcoin as an investment which comes with good tidings  (profits) why then do you think DCA isn't for the profits. The DCA is a strategy, same with Lump sum and Buying Dips and whereas they all drive us into accumulating Bitcoin then which other do we say is for generating those profits.

Successively accumulating Bitcoin during intervals is beneficial to the investor because he gets to buy Bitcoin at different price level confidently without considering whether the market is at it's lowest DIP or not. Moreover, whether we DCA, Lump sum or choose to Buy Dips it all pressure on us that we must hold in other to make good profits, no strategy has a cut privileges of escaping holding.