Buy the DIP, and HODL!

[JayJuanGee]

Not withdrawing from the investment should be the goal

This ambitious ultimate goal only can be achievable if your investment strategy and personal financial management is very good. Like you always have your financial reserve to use, and surely don't need to touch your capital stored in Bitcoin investment portfolio. If you manage your personal finance like this, it's highly likely no need to sell your bitcoin, to withdraw it from your Bitcoin portfolio.

They can consider withdrawal strategies like yours.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy

Just to be clear, my discussions about various sustainable bitcoin withdrawal strategies (whether price based or time based) presume the reaching of an over-accumulation status, so from my own perspective, if a person is still accumulating bitcoin and they are wanting more bitcoin, then they have not reached over-accumulation status.  Frequently people conclude that they have reached over-accumulation status prior to their actually reaching it, and part  of the evidence of their not reaching such status is because  they are still wanting to accumulate more bitcoin.

but  it does not  need to delay getting started and buying your first $10 of bitcoin, especially if you figure out that you have $10 available. You were considering to buy $10 worth of cigarettes to smoke over the next two weeks, but instead of buying the $10 in cigarettes, you decide to not smoke for the next two weeks and buy $10 worth of bitcoin.  What is wrong with that?  It is a trade off.

Investment has to start with good understanding about Bitcoin fundamentally, as well as knowing about its risk and chance to get profit. All things need to be based and learned from Bitcoin white paper, available learning resources for beginners, and historic price and ROI of Bitcoin.

After have good knowledge about Bitcoin, it's time to find a good investment strategy, and among many strategies, Dollar Cost Averaging is a best one for almost all investors.
https://dcabtc.com/
https://costavg.com/

I doubt that any of the things you mentioned need to be learned prior to getting started investing into bitcoin.  A person can start investing into bitcoin and figure out the various topics that you mentioned as they are investing, whether they start with $10 per week or some other amount that they consider as a reasonable way to get started, and so it seems to me that getting started is one of the main things, and  all you need to know is whether you have some discretionary income, like $10 and then you can get started and figure out the details as you go, and the more you learn, the more likely that you would be ready, willing and/or able to increase your weekly investment amount and/or to make any other adjustments based on ongoing learning.

[cryptoWODL]

Investment has to start with good understanding about Bitcoin fundamentally, as well as knowing about its risk and chance to get profit. All things need to be based and learned from Bitcoin white paper, available learning resources for beginners, and historic price and ROI of Bitcoin.

After have good knowledge about Bitcoin, it's time to find a good investment strategy, and among many strategies, Dollar Cost Averaging is a best one for almost all investors.
https://dcabtc.com/
https://costavg.com/

I don't think the things you mentioned are really necessary to start investing in the early stages for new investor or the things you mentioned may be very important to learn at an early stage. I am telling you that to start investing at an early stage, just a little knowledge and a discretionary income source is enough. Maybe through this you will be able to continue investing continuously. Once you start investing, you will gradually learn more about investing and be able to gather all the information about Bitcoin.

For example, just as a student first enrolls in school and then gradually becomes educated, similarly in the case of investment, When an inexperienced investor starts investing, he gradually becomes experienced in investing and is able to understand everything about investing. However, in the beginning, you only need to start with eagerness which is very important for you. You can start with a small amount of money.

[WhoYouCantKill]

Not withdrawing from the investment should be the goal

This ambitious ultimate goal only can be achievable if your investment strategy and personal financial management is very good. Like you always have your financial reserve to use, and surely don't need to touch your capital stored in Bitcoin investment portfolio. If you manage your personal finance like this, it's highly likely no need to sell your bitcoin, to withdraw it from your Bitcoin portfolio.

They can consider withdrawal strategies like yours.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy

Just to be clear, my discussions about various sustainable bitcoin withdrawal strategies (whether price based or time based) presume the reaching of an over-accumulation status, so from my own perspective, if a person is still accumulating bitcoin and they are wanting more bitcoin, then they have not reached over-accumulation status.  Frequently people conclude that they have reached over-accumulation status prior to their actually reaching it, and part  of the evidence of their not reaching such status is because  they are still wanting to accumulate more bitcoin.

This is very true.
When talking about sustainable bitcoin withdrawal strategies/methods, we may look at it like the person in question must’ve already reached an overaccumulation or a “fuck you status” and is probably just seeking for a method to withdraw their holdings in a sustainable manner.

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

[Muba20]

This time,is the time  to accumulate BTC and build your investment goal using any the strategy that suitable for you to buy and hold for long term and not trading out your investment in short term,here we are talking about the future,long term investment is our future and BTC can give us that future.
Anyone who is trading his or her BTC is making a very big mistake,BTC is to be accumulate for long term for those who true believe, in other for them to make a hugde profit in the future.

Don't be deceived; there's no right time to say it is the perfect time to accumulate bitcoin, so the only time that is right to accumulate bitcoin is when your accumulation money is readily available, and you adopt the DCA strategy and accumulate bitcoin right away without waiting for any price or for bitcoin to dump. Since you are a newbie or a lower coiner, your focus shouldn't be centered on teaching so that you will not get distracted from things you are supposed to know. If you have already started investing in bitcoin, you should just focus on your accumulation process and your learning process and leave teaching us for now. When you have gained more knowledge about bitcoin, you can now start to share your knowledge with us, and we will learn from you.

Agree, Bitcoin price prediction is completely uncertain which is why it will be difficult for an investor to ever find the right time to invest and that is why waiting to invest in Bitcoin is definitely a wrong move. If an investor has discretionary income, then any time is definitely a good time for them to hold Bitcoin. If an individual does not have discretionary income then he will fail to hold Bitcoin in the long term even if he can hold it in the short term. Holder does not want to sell Bitcoin but he will be tempted to sell it later, which will hinder his long-term holdings. That is why not only long-term planning but also having money to invest is an important thing that will enable him to realize his long-term accumulation.

[Sticky Bomb]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

[Gallar]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

It's also called investment, of course we have to fight with what is called patience. Because without a high level of patience, a person's level of success in investing will definitely be very minimal. Likewise with bitcoin, in my opinion investing in bitcoin not only requires a lot of patience, but investing in bitcoin also requires a stronger intention to be successful. Because of course quite a lot of bitcoin investors sell their bitcoin before it reaches the initial price they want. Because assuming he has made a profit, the person then sells his bitcoin. In fact, if we look at the potential that bitcoin has, of course the current price of bitcoin can be said to have not yet reached 20% of its overall potential. Because as far as I know, there are still very few people in the world who own bitcoin. The proof is as explained on the site below that there are still less than 200 million people who own bitcoin.

https://bitbo.io/how-many-users/

Meanwhile, the number of humans on this earth is 8 billion. So you can imagine if, for example, 8 or 5 billion people owned bitcoin, the price would definitely be higher. Because currently bitcoin is only owned by more than 200 million people, the price is already this high. That's why investing in bitcoin in the long term is very good.

[Dee_BlackdAddy]

You should never ignore emergency fund in your investment management every investors should know this by now that emergency fund is very essential for an investor to set aside.
Emergency fund is also an important for life management, as an investor you should feel the need of emergency fund as human being that you are.
emergency fund is not only for common person, even investors who owns billions and millions also need an emergency fund for the smooth running of there investment.

[BitBakerr1]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

[Dee_BlackdAddy]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

[Olatundespo]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

Sometimes you may feel that you are in a position to be consistent with your income and you are interested in saving Bitcoin but it is a realistic dream for you. You need to be careful about the environment in which you are buying it such as researching the market system, taking care of your family, having a backup fund, etc. Your investment will depend on the length of time that you have available as an alternative income. If you have a small discretionary income it will not affect your investment you should have a proper understanding of how to use that money properly. I am saying that you should be consistent in saving Bitcoin even if it is in small amounts. You mentioned a 5-10 year horizon, I think you can get a decent sized portfolio within this period, but it is better to plan with a longer term goal. Maybe even until your retirement. You will consider the excellent price record, at the same time you will have to make every effort to grow your holdings and have a backup fund and patience to protect those holdings.

[Stormisover]

I doubt that any of the things you mentioned need to be learned prior to getting started investing into bitcoin.  A person can start investing into bitcoin and figure out the various topics that you mentioned as they are investing, whether they start with $10 per week or some other amount that they consider as a reasonable way to get started, and so it seems to me that getting started is one of the main things, and  all you need to know is whether you have some discretionary income, like $10 and then you can get started and figure out the details as you go, and the more you learn, the more likely that you would be ready, willing and/or able to increase your weekly investment amount and/or to make any other adjustments based on ongoing learning.

This is quite understandable and considerd as the best advice perhaps Rome was not built in a day, a typical example of life reproduction stages can be a very good example, from fertilization process to an adult we can see that there is a necessity of one stage to occur before the others, getting started should be a priority when we have the disposable income available, and to crown it all the idea and concept of the DCA strategy should be taken advantage as an incentive towards the long term goals and objectives.

[BitBakerr1]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

I think you are confusing your self because I don't see any connection with your first paragraph and your second.
Yes I said setting a target of reaching a particular BTC amount is okay and I also said however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better.
Dee_BlackdAddy you can't say setting a target of reaching a particular BTC amount is totally a wrong strategy because one can set a BTC amount target that can even take more than 10 or 20 years to achieve so In a case like this how is it a wrong strategy, when Bitcoin was $1k there may be investors who set a target of accumulating and holding till Bitcoin hits $100k if any investors back then did this I don't see anything wrong with that.

[Dee_BlackdAddy]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

I think you are confusing your self because I don't see any connection with your first paragraph and your second.
Yes I said setting a target of reaching a particular BTC amount is okay and I also said however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better.
Dee_BlackdAddy you can't say setting a target of reaching a particular BTC amount is totally a wrong strategy because one can set a BTC amount target that can even take more than 10 or 20 years to achieve so In a case like this how is it a wrong strategy, when Bitcoin was $1k there may be investors who set a target of accumulating and holding till Bitcoin hits $100k if any investors back then did this I don't see anything wrong with that.

Bitbakkii I never said setting tag of a particular amount for accumulating  BTC is totally wrong strategy don't quote me wrong and said is not OK, why because  that's not the only strategy that has to be put in place in other for you to hold your BTC for  long term just as you said 10 to 20 years, there are still other strategies like setting aside an emergency fund, having other sources of income, knowing discretionary income and putting it to use is also another strategy and many more.
So bitnakki I'm not condemning nor saying that your strategy is wrong I'm only adding to it, but if you see it as condemning your strategy it's very wrong.

[Ruttoshi]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

I think you are confusing your self because I don't see any connection with your first paragraph and your second.
Yes I said setting a target of reaching a particular BTC amount is okay and I also said however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better.
Dee_BlackdAddy you can't say setting a target of reaching a particular BTC amount is totally a wrong strategy because one can set a BTC amount target that can even take more than 10 or 20 years to achieve so In a case like this how is it a wrong strategy, when Bitcoin was $1k there may be investors who set a target of accumulating and holding till Bitcoin hits $100k if any investors back then did this I don't see anything wrong with that.

It's good that an investor should set a target on the number of bitcoin that he wants to accumulate overtime, so that he can work towards reaching such target by staying focused to keep his bitcoin investment accumulation journey ongoing till he reaches his target. Setting a price target on bitcoin to reach a specific amount does not have any business to do with the pace and your commitment on your bitcoin accumulation.

I see it as irrelevant because bitcoin will reach such price in future with you buying bitcoin or not. So why not concentrate on how many bitcoin you want to accumulate and look for various means to make sure that you keep on buying with DCA weekly, lump whenever you can. The reason why I said this is because, what if bitcoin price hit your targeted price and you are still a low coiner, will you abandon your bitcoin accumulation and sell. Bitcoin will go higher than your price target because you cannot predict the price of bitcoin in future but reaching your bitcoin target and beyond to an over accumulation stage,  will boost up your financial buoyancy than you stopping your bitcoin accumulation because bitcoin have reached your own price target.

[Barikui1]

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

I think you are confusing your self because I don't see any connection with your first paragraph and your second.
Yes I said setting a target of reaching a particular BTC amount is okay and I also said however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better.
Dee_BlackdAddy you can't say setting a target of reaching a particular BTC amount is totally a wrong strategy because one can set a BTC amount target that can even take more than 10 or 20 years to achieve so In a case like this how is it a wrong strategy, when Bitcoin was $1k there may be investors who set a target of accumulating and holding till Bitcoin hits $100k if any investors back then did this I don't see anything wrong with that.

In my own perspective, I think that setting an accumulation target like ten to  fifteen years is not a problem, where the problem is, is setting a target by figure, like example; you will say you want to accumulate like $50k worth of Bitcoin in ten to fifteen years time from now, that's what I think is the problem, because by doing so you are limiting yourself to a certain amount which I believe that if the target is set by timeframe, you stands to accumulate more Bitcoin than you can ever imagined, but if it's set by numbers, their is a higher probability of you stopping if your target is met fast or your stash look bigger in your eyes.

So while accumulating it is of our best interest to accumulate and hodl by timeframe instead of numbers, because due to the huge potential of Bitcoin, it can easily breach the number target we have, and we might be compel to sell prematurely when it's no where near it peak price.
And the typical example of that is investors that sold at $72k thinking that it's closer to the top or their target has been met, but those that are still holding till now are in a massive profit already because their timeframe target is not met yet which they may even earn more, as the years goes by.

[Dee_BlackdAddy]

I doubt that any of the things you mentioned need to be learned prior to getting started investing into bitcoin.  A person can start investing into bitcoin and figure out the various topics that you mentioned as they are investing, whether they start with $10 per week or some other amount that they consider as a reasonable way to get started, and so it seems to me that getting started is one of the main things, and  all you need to know is whether you have some discretionary income, like $10 and then you can get started and figure out the details as you go, and the more you learn, the more likely that you would be ready, willing and/or able to increase your weekly investment amount and/or to make any other adjustments based on ongoing learning.

This is quite understandable and considerd as the best advice perhaps Rome was not built in a day, a typical example of life reproduction stages can be a very good example, from fertilization process to an adult we can see that there is a necessity of one stage to occur before the others, getting started should be a priority when we have the disposable income available, and to crown it all the idea and concept of the DCA strategy should be taken advantage as an incentive towards the long term goals and objectives.

yes Rome was not build in a day, but It was not build with only one strategy just as you are concurring to what BITBAKKII is saying, same thing applies to BTC, accumulating large portion of BTC can't be possible with only one strategy, because with only one strategy you we surely be tempted to make a withdrawal when needs arise, to avoid this withdrawal when the needs arise you need other strategies like setting aside an emergency fund,because as a human being you have to feel the need of emergency,another strategy is  having other sources of income and businesses and many more strategies, that is the only way that you can avoid being tempted to a withdrawal when the arise.

[SuperBitMan]

I doubt that any of the things you mentioned need to be learned prior to getting started investing into bitcoin.  A person can start investing into bitcoin and figure out the various topics that you mentioned as they are investing, whether they start with $10 per week or some other amount that they consider as a reasonable way to get started, and so it seems to me that getting started is one of the main things, and  all you need to know is whether you have some discretionary income, like $10 and then you can get started and figure out the details as you go, and the more you learn, the more likely that you would be ready, willing and/or able to increase your weekly investment amount and/or to make any other adjustments based on ongoing learning.

This is quite understandable and considerd as the best advice perhaps Rome was not built in a day, a typical example of life reproduction stages can be a very good example, from fertilization process to an adult we can see that there is a necessity of one stage to occur before the others, getting started should be a priority when we have the disposable income available, and to crown it all the idea and concept of the DCA strategy should be taken advantage as an incentive towards the long term goals and objectives.

  accumulating large portion of BTC can't be possible with only one strategy, because with only one strategy you we surely be tempted to make a withdrawal when needs arise,

You are wrong one can accumulate large portion of Bitcoin using only one strategy, I see you really don't understand what different strategy is all about when it comes to bitcoin accumulation because if you do you won't make such statement, now if you are only using the DCA strategy to accumulate Bitcoin weekly or monthly are you saying you won't be able to accumulate large portion of Bitcoin if you continue with it for a long period of time, and you said if someone use only one strategy he or she will surely be tempted to make a withdrawal when needs arise makes me wonder if you truly understand the different strategy we have, Because I don't understand how using a strategy such as the DCA strategy will make you sell, withdraw or dip hands into your Bitcoin, there are a lot of people who have accumulated enough or large portion of Bitcoin using just one strategy, it is when one has accumulated enough Bitcoin he or she can decide to change strategy, for example if someone was using the DCA strategy and with it he accumulated enough Bitcoin and reaching a fuck you stage where even if he don't work his accumulated Bitcoin can take care of him, he may decide to change strategy to buying during any dip, the point is you can use only one strategy that you are comfortable with to accumulate a large portion of Bitcoin, no need changing from one strategy to another the only reason why you should change a strategy is when you are not comfortable with it and is not helping you grow your Bitcoin.

[Litzki1990]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

Proper planning is required before doing any work.  At least if an investor is planning to invest in Bitcoin, he should think about whether he will make his investment long-term or how long he will hold his investment even if he does long-term. If there is a specific plan in terms of investment then one can move forward slowly according to that plan. Just as planning is necessary to complete any construction work, pre-planning is very important to make the investment self-sustainable. Usually in DCA investing method it is not important when you invest but the important thing about this strategy is that you have to invest consistently. 
In this investment strategy generally an investor can invest consistently based on his income and expenses. This investment strategy is now very easy and effective even for those who earlier found investment very difficult.

[DubemIfedigbo001]

yes Rome was not build in a day, but It was not build with only one strategy just as you are concurring to what BITBAKKII is saying, same thing applies to BTC, accumulating large portion of BTC can't be possible with only one strategy, because with only one strategy you we surely be tempted to make a withdrawal when needs arise, to avoid this withdrawal when the needs arise you need other strategies like setting aside an emergency fund,because as a human being you have to feel the need of emergency,another strategy is  having other sources of income and businesses and many more strategies, that is the only way that you can avoid being tempted to a withdrawal when the arise.

What matters the most are accumulating Bitcoin, reaching your accumulation target and holding for a longer period of time, the strategy you employ matters less, as long as you're not a newbie waiting only for the dip to purchase Bitcoin.

Some people have large discretionary income available that they lump sum and acquire good stash of BTC, possibly reaching their accumulation target or nearing it. If the person feels lump summing is better for him, then they should continue with the strategy that works best for them. DCA is for those who want to be buying periodically, consistently for a longer period. Some people do lump sum and DCA at the same time and it works for them, so whichever accumulation strategy that works for the investor is valid as long as they are purchasing Bitcoin without trading it and having a long-term holding period.

Whether you're using one accumulation strategy or more, if you're not disciplined enough to restrain from shaving off profits from your portfolio, you would engage in bad Bitcoin accumulation practices and ruin your investment.

Discipline is key in maintaining a healthy accumulation journey and not necessarily the accumulation strategy/strategies employed.

[Ricardo11]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

Proper planning is required before doing any work.  At least if an investor is planning to invest in Bitcoin, he should think about whether he will make his investment long-term or how long he will hold his investment even if he does long-term. If there is a specific plan in terms of investment then one can move forward slowly according to that plan. Just as planning is necessary to complete any construction work, pre-planning is very important to make the investment self-sustainable. Usually in DCA investing method it is not important when you invest but the important thing about this strategy is that you have to invest consistently. 
In this investment strategy generally an investor can invest consistently based on his income and expenses. This investment strategy is now very easy and effective even for those who earlier found investment very difficult.

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.