Buy the DIP, and HODL!

[Frankolala]

This is the only simple introduction easy way for any investor to follow the DCA method in Bitcoin to get more benefits and keep the money safe. Because if they can hold Bitcoin in the right way that will be the key to their success, because every investor will be successful in the current dip in the market. But only long-term investment success is at its peak, if you observe, you can see that big investors from past times are relying on DCA method till now. And they are successful and made mountains of money just by investing in 10 to 12 years DCO method, I have seen on social media many people depend on DCA method and become self-sufficient.

DCA method is always the best method to invest, DCA is the best strategy to accumulate bitcoins slowly without worrying about the market ups and downs. Everyone can become self-sufficient by using DCA method, others have made mountains of money by investing in 10 to 12 years DCA method and become self-sustainable, you also start, take a target that you will do DCA for at least 8 years, you are patient without looking at the market price Suppose, invest regularly and after 8 years, compare the position then with the current position, you will see a stark difference.

DCA method is good for beginners to accumulate bitcoin constantly overtime as long as they don't stop but keep their DCA running. However, if the investor is able to supplement his ongoing DCA with lump sum from time to time whenever extra cash comes in which he did not expect.

Also one of the reason why reserve funds is important is to enable the investor have funds available when the dip comes for him to take advantage of the dip and stack more bitcoin in a cheap price to his bitcoin portfolio. Using the three methods will help boost your bitcoin portfolio to a great height compared to using only DCA.

[ginsan]

Since you are asserting that you are living a very simple life and even implying that your discretionary income is not very great, then it may well take you way longer than 10 years to reach a status in which you might be in a good position to start to withdraw from your bitcoin, yet at the same time, you should be able to improve the quality of your life because you have been investing into bitcoin and so the larger your bitcoin stash grows, the more options you should start to feel that you have.

We know that frequently people invest quite consistently and dedicatedly into traditional investments for 30-40 years or more and they might not end up making it to fuck you status, but they may well still be able to benefit by having had built up their life-long savings and investment.  Even if bitcoin does not allow you get to fuck you status in a shorter period of time, it seems that there are decently great odds that you could end up getting a lot further in regards to your own personal well-being, since bitcoin is not designed to rob from you, as many times takes place with the life-long investments that might have had been carried out through traditional investments.

Bitcoin also seems to best be considered as a life-long investment, so surely you are the ONLY one who can determine the approximate place that you would like to get in order to potentially transition to some other ways of dealing with your bitcoin, which even stopping or slowing down accumulation can bring empowerment, but also there maybe be various kinds of sustainable withdrawal or just having bitcoin in the background that may well end up putting you in a much better place due to your having had invested into bitcoin as compared what your situation would have had been if you had not invested into bitcoin.

I will prioritize the first 10 years in planning investment in bitcoin and if it goes smoothly without any obstacles or mistakes then I will decide one decision after I reach the 10 year target. That decision could be that I will continue to accumulate for an additional 5 years or I will take the opportunity to get something that I have dreamed of so far.

It is true, Mr. JJG, that people's lives are different, some have abundant wealth from their parents' inheritance or those who live simply. So for that I want to change the course of my life by investing in bitcoin, which previously I routinely bought Gold but in the past two years I have switched to Bitcoin. Of course there are many hopes that I dream of but it is impossible for me to describe them all here.

Of course increasing BTC ownership will remain my priority every week, I don't care what people say and I will not be shaken in my stance to continue holding Bitcoin. I also learned a lot from you, especially in this Thread with DCA or your way of conveying it and that will be very useful for us.

Usually people who target investing in bitcoin for life are of course people who live in luxury without anything else they want, I mean without selling their BTC ownership they have other money to buy luxury goods, be it a private plane or a luxury car or a luxury house.