Buy the DIP, and HODL!

[Stablexcoin]

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.

Guys, this argument is really not necessary. You are both saying similar things but from different angles. Every strategy that is used to invest in Bitcoin can work it all depends on the person who is adapting the strategy but just so you, short term investment is not a strategy. I think you guys has been contradicting short term and long term to be strategies they are literally longevity of our investment. In strategy we can either DCA, Lump sum, buy the dip and a few others. All of these strategies can work if we invest in them properly with a detailed plan. This plan now involves whether we are accumulating our Bitcoin and holding it for a long period of time. Short term plans are simply considered to be trading because the longer the better in the potential benefit. If someone reaches their BTC target earlier than they expected, they might want to take their profit especially if they see tangible profits but that's where the long term plans comes in. Is better not to take within that time but it is better that in long term they will be happy for the amount of Bitcoin they had if they continue accumulating and the potential benefit they get from the investment.

At the end of the day, we all just want to win. The more we accumulate the more we should be expecting some better in the future. Whether we hit our target quicker like it was planned it doesn't stop us from accumulating if we still have the funds to continue and most aseptically if we have not reach our goals.. I dont know how others tend to go about their investment i found a better way to do it.

I think our accumulation should be based on the duration of our investment not by reaching a particular amount target for those who are using DCA. That means if the duration is 5 years, you will keep accumulating that percentage until the maturity date. Setting a fixed amount is good but most persons will likely stop investing once they reach there target. Lets not forget that the more Bitcoin we have the more profit we will get in the future.

[Tmoonz]

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.

At most times what is being prioritize is investing at the comfort of your financial ability, that is to say your investment strategy or strategies must be tailored down to suit you, there is no need making much of the emphasis on which method is the best when all of our objective or purpose is to maximize the size of our Bitcoin, my point the DCA strategy is not the only best strategy but yeah it has an enormous benefits and one of reasons why it dominates most of the thread but that doesn't mean one can not utilize other strategies when they have the opportunity to even in their ongoing Dcaing.

[Lembo69]

This emergency fund is exaggerated at times, it is not the money to pay your usual bills but for unforeseen situations, "which may never happen," so why not try to multiply it with Bitcoin in bull season? Needless to say, your funds in Bitcoin are accessible at any time if at all you have a reason to withdraw it or some of it. Why not take the risk instead of keeping it in the bank and letting the bank make money on you while you earn nothing? This can only be dangerous if you don't have access to your BTC. And who knows, you may never have a need for the emergency fund for years, which makes it wise.

No investment journey is smooth and for that reason, you should expect the unexpected, because some unforeseen circumstances must definitely play out during your investment journey since you arw investing in a long-term investment. Examples of unforeseen emergencies that can occur during your bitcoin investment is sickness or accident, the lost of your job, a heavy storm blow of your roof and some others. If such emergency happens and you have not set up your emergency funds as you are investing in bitcoin, your bitcoin investment will become your emergency funds and you will sell your bitcoin to take care of such emergency. If bitcoin price is dip below your entry point you will sell at loss.

Keeping your emergency funds in bitcoin is not ideal because bitcoin is a volatile asset, it might be that when a real emergency arises, the price of bitcoin will be at the dip which will also make you be at loss when you are selling your bitcoin that you use to keep your emergency funds. Since emergency can come up at anytime unknown to us, it's good that your emergency funds should be in cash for easy access when it arises. Emergency funds can also be top up when you feel it has reduced, and this is why you use have an emergency funds of at least three months of your monthly income as the guage.

You need cash availability when investing in bitcoin but not the cash that you are suppose to use to put into your bitcoin investment. We cannot do without spending cash daily but we can do without touching our bitcoin if you have a good financial management on your bitcoin investment and your financial needs.

The journey of a Bitcoin investor is not smooth. However, if you want, you can make it smooth by investing patiently. And if you have to pay a deficit in the emergency fund, it is better not to stop and try again. If the investor has to pay a deficit from his emergency fund, then it would be better for him to open a stop loss setting. According to the ideal of Bitcoin, try as much as possible to do something alternative instead of selling Bitcoin assets for emergencies. If such a situation arises and you are forced to sell Bitcoin due to illness, even if you have a deficit in Bitcoin. Then have the confidence that you can return to investing very soon. However, any investor should definitely set up an emergency fund, and it should be done in such a way that the amount of your 5-6 months' salary is allocated in that fund. An investor should always keep a fund backup. Because the need does not come for nothing. An emergency fund should be made mandatory in the case of Bitcoin

[adultcrypto]

No investment journey is smooth and for that reason, you should expect the unexpected, because some unforeseen circumstances must definitely play out during your investment journey since you arw investing in a long-term investment. Examples of unforeseen emergencies that can occur during your bitcoin investment is sickness or accident, the lost of your job, a heavy storm blow of your roof and some others. If such emergency happens and you have not set up your emergency funds as you are investing in bitcoin, your bitcoin investment will become your emergency funds and you will sell your bitcoin to take care of such emergency. If bitcoin price is dip below your entry point you will sell at loss.

Keeping your emergency funds in bitcoin is not ideal because bitcoin is a volatile asset, it might be that when a real emergency arises, the price of bitcoin will be at the dip which will also make you be at loss when you are selling your bitcoin that you use to keep your emergency funds. Since emergency can come up at anytime unknown to us, it's good that your emergency funds should be in cash for easy access when it arises. Emergency funds can also be top up when you feel it has reduced, and this is why you use have an emergency funds of at least three months of your monthly income as the guage.

You need cash availability when investing in bitcoin but not the cash that you are suppose to use to put into your bitcoin investment. We cannot do without spending cash daily but we can do without touching our bitcoin if you have a good financial management on your bitcoin investment and your financial needs.

The journey of a Bitcoin investor is not smooth. However, if you want, you can make it smooth by investing patiently. And if you have to pay a deficit in the emergency fund, it is better not to stop and try again. If the investor has to pay a deficit from his emergency fund, then it would be better for him to open a stop loss setting. According to the ideal of Bitcoin, try as much as possible to do something alternative instead of selling Bitcoin assets for emergencies. If such a situation arises and you are forced to sell Bitcoin due to illness, even if you have a deficit in Bitcoin. Then have the confidence that you can return to investing very soon. However, any investor should definitely set up an emergency fund, and it should be done in such a way that the amount of your 5-6 months' salary is allocated in that fund. An investor should always keep a fund backup. Because the need does not come for nothing. An emergency fund should be made mandatory in the case of Bitcoin

You have confused both me, other readers and yourself with this comment. What brough stop loss into building a bitcoin portfolio for long term hold? Is that not the term used by bitcoin traders to describe a protective stop that will stop the trade should price reach that level. The first part of your statement that have emergency funds repeated several times was a making me think you are talking about holding but seems your idea of emergency fund is different from mine. Maybe you think that in trading, you can setup emergency funds which you will used to make deposit again when you burn your account.

Please we are discussing how to buy and hold for a long term and not how to prevent short term losses. If we buy now and price goes lower, we are not worried instead we continue buying more because we are holding for long. The idea of emergency fund is to enable us have extra funds for our needs that may arise which were not planned for, the emergency fund takes care of such needs and the emergency funds is not part of the investment amount.

[Sim_card]

I think our accumulation should be based on the duration of our investment not by reaching a particular amount target for those who are using DCA. That means if the duration is 5 years, you will keep accumulating that percentage until the maturity date. Setting a fixed amount is good but most persons will likely stop investing once they reach there target. Lets not forget that the more Bitcoin we have the more profit we will get in the future.

I agree with everything that you said but don't you look from this point that if you are using timeline to as your accumulation focus instead of bitcoin target, it might make that investor be whimpish in his bitcoin accumulation strategy and not invest aggressively, because he feels that he still have enough time to invest. Also since we are to invest with our discretionary income, nobody knows the financial challenges one might pass through during the process of accumulation.

However, if you are using a target that will make you strive to make sure that you do everything possible to keep your bitcoin buying ongoing with persistent and consistent overtime because you really have a target to meet. This will even make you mors serious to look for other means of which your can improve your financial situation so that you can invest in bitcoin aggressively. In every production company, there's always a target per day which will make them know if they did well today or not based on the target.

If you want to save to buy something of value, you will have an amount that you will target which when you have saved up to that amount, you can use it to buy the valuable. Bitcoin investment is even better than such valuables. You can set a target that you might never accumulate throughout your accumulation journey but reach close to such target. My target is currently 4btc which I may be able to accumulate in future or not but I just keep on working on how to achieve it with my regular DCA weekly buying and lump sum.

[Mehmet69]

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.

I can't agree with you. I think as a newbie you should first understand the whole thing. You are talking about different types of investments. It is good to have an adventurous spirit, but if your main goal is to save Bitcoin, then I think you should not think too much and take any investment method well. This is why DCA is a method that is considered very safe for everyone, be it a newbie or an expert. We all know that Bitcoin is one of the most volatile currencies in the market. Today, no one can say exactly when the price of Bitcoin will be. That is why the DCA method was invented to control the market. In this method, a certain amount of money is invested every week/month at a certain time interval. As a result, no matter how much the market fluctuates, its average behavior keeps the price of Bitcoin flat. Which reduces the risk of your investment over time. Investors can find peace of mind with this investment method.

However, there are other investment methods that require you to be skilled in investment methods to use. You may always be afraid of losing your invested money.

[Gost ms]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

[Emjay24]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content.

No sir, it isn't important to know all the things related to bitcoin before getting started in investing into bitcoin, you might not even know absolutely everything even all through your accumulation journey. The most important thing is that you've a good source of income so as to have discretionary income available, an accumulation target and a long-term holding plan. you can start accumulating bitcoin and figure out the rest of the knowledge you need along the way.

You do not need much knowledge to get started, you would get more experienced as you advance in your accumulation journey, waiting to get all experienced before investing is not necessary and would introduce unnecessary time wastage in your accumulation journey, worse still if you keep learning and never take action, then you might never learn enough since concepts are better learned practically instead of theoretically as you're proclaiming.

So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

Profitability in bitcoin does not come easily, unless you are willing to trade it, and trading is an enemy of investment and bitcoin is never a get-rich-quick scheme, I think you are starting off on the wrong foot in getting involved into bitcoin. Bitcoin is best approached on a long-term basis and not short-term profits, else you might be gambling it and miss out on the compounding effect of bitcoin price appreciation over a long period of time.

[GIF-JOBS]

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.

I can't agree with you. I think as a newbie you should first understand the whole thing. You are talking about different types of investments. It is good to have an adventurous spirit, but if your main goal is to save Bitcoin, then I think you should not think too much and take any investment method well. This is why DCA is a method that is considered very safe for everyone, be it a newbie or an expert. We all know that Bitcoin is one of the most volatile currencies in the market. Today, no one can say exactly when the price of Bitcoin will be. That is why the DCA method was invented to control the market. In this method, a certain amount of money is invested every week/month at a certain time interval. As a result, no matter how much the market fluctuates, its average behavior keeps the price of Bitcoin flat. Which reduces the risk of your investment over time. Investors can find peace of mind with this investment method.

However, there are other investment methods that require you to be skilled in investment methods to use. You may always be afraid of losing your invested money.

Bitcoin is a volatile currency, and due to this volatility of the market, an investor can easily get scared. Because they are always unnecessarily worried about the price itself.

Again, there are many traders who make money by using this strategy of buying, selling and buying again, taking advantage of market fluctuations. However, this is the most risky thing to do. And a new investor can never do it, Because newbies are not knowledgeable about the market.

For a new investor, following DCA consistently is a safe and stress-free way, (DCA is the best investment strategy for everyone, but for a newbie, DCA is 100% recommended.) Only in DCA can you buy Bitcoin with a fixed amount of money regularly and accumulate Bitcoin at an average price in the long term. And as a long-term Bitcoin investment strategy, the DCA method is undoubtedly the best investment method.

And if you continue it regularly for 8 to 10 years, the possibility of profiting from Bitcoin investment is highest. Bitcoin does not guarantee anyone a profit, but if DCA is continued for 8 to 10 years, then i think the profit potential can be 70% or more.

[Frankolala]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

You don't need to know all those things you mentioned about bitcoin before you can get started. When you have started your bitcoin investment, you can learn whatever area you want to know about bitcoin because you have a long time to be invest in bitcoin and hodli. What ac new investor needs is the basic knowledge of bitcoin and how much of his discretionary income, he will use to invest into bit every week through DCA that will not add stress on his financial life.

An emergency funds is also needed to be set up the moment you have started your bitcoin journey, so that it will serve as back up funds to keep your bitcoin investment safe from untimely selling when an emergency arises. One last important thing that a new investor should practice is making sure you don't have too many small small UTXO. This is why you need to pile up your bitcoin with a third-party service immediately you just started and only transfer to your self custody wallet when the amount has accumulated to $500 and above.

[Maryjackson-p]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

From what I have been reading through in previous pages, I think is not necessary to know all the things related to Bitcoin before starting Bitcoin investment. Perhaps even an old investor cannot know all the things related to Bitcoin since Bitcoin is still a growing asset, in our best interest it is better to start our investment and learn more while we are already investing.

[bitzizzix]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

From what I have been reading through in previous pages, I think is not necessary to know all the things related to Bitcoin before starting Bitcoin investment. Perhaps even an old investor cannot know all the things related to Bitcoin since Bitcoin is still a growing asset, in our best interest it is better to start our investment and learn more while we are already investing.

Winning doesn't have to know everything because we can get everything over time, but at least you have to know the basics or the potential profits and risks wherever you will invest including Bitcoin. And don't let you invest in a place that you don't understand and also without having the slightest knowledge in it, it has the potential to make you make mistakes and also losses, even so Bitcoin will always be profitable for those who do it for the long term and also with the DCA method and if beginners don't understand or don't know how to do it like buying regularly, preparing emergency funds and solutions if income doesn't support and what attitude to take when the price of Bitcoin drops because it is very volatile and so on and all of that must be owned and also planned well especially strong self-confidence and patience to live it.

[Jewan420]

From what I have been reading through in previous pages, I think is not necessary to know all the things related to Bitcoin before starting Bitcoin investment. Perhaps even an old investor cannot know all the things related to Bitcoin since Bitcoin is still a growing asset, in our best interest it is better to start our investment and learn more while we are already investing.

I can't say for sure that you don't need to know everything about Bitcoin investment before investing. You can certainly learn everything before investing if you are not ready to invest. Suppose you know about Bitcoin and have a strong desire to invest but you don't have any source of income or your family situation is not suitable for investment, should you wait to start investing to gain knowledge about Bitcoin and investment? My answer would be "No". I would say that you should start gaining knowledge about Bitcoin in such a situation that you can know Bitcoin better and have a strong belief in Bitcoin before investing.

If you are ready to invest and are qualified in the matters required to start investing, then you don't need to know everything before investing. Just basic knowledge will be enough. If your situation is such that it is not possible for you to start investing or you are not able to acquire what is needed for investment, at such a moment I cannot say that knowing everything before investing is unnecessary. On the contrary, I support it, because knowledge never goes in vain. However, delaying investment on the pretext of acquiring knowledge even though you are ready to invest may be the wrong step.

[Zackz5000]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

There are reasons why you don't really need to know all about bitcoin investment before going in, procastination might come in secondly money kept for investment might be used for something else, if the have the basic knowledge you can get started provided you have made provision for your discretionary income which is your leftover income after you have settled all your pressing needs and start accumulating Bitcoin and then figure out more things about bitcoin investment while you are already accumulating Bitcoin, you can start accumulating using the DCA strategy where you can gradually be accumulating Bitcoin regularly either every weeks or months and hodl for about 4-10 years or more.

And since you are still in your accumulation journey now is not the right time to be talking about taking profit that is a trading strategy and it's gambling your focus should be in buying more bitcoin and hodl from your discretionary.

[Joymayfamilie]

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.

bro all this things you highlighted to be strategies they are not strategies to use in buying bitcoin, the only thing that I know you mentioned here that is a strategy is DCA, which is the simplest and the easiest way to  accumulating bitcoin only for those who want to hold onto their bitcoin for  long term and not traders.

[Joymayfamilie]

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.

Dee_blackdaddy you are getting everything thing wrongly non of this things you said is in anyway connected to what bitbakerr is talking about.
He said setting a target to reach when accumulating is ok to avoid being tempted to make  withdrawal when you reach at account, which is a welcome and a very good advice to investors who want to hold unto there bitcoin investment for a very long time.

[Mayor of ogba]

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.

Nobody said that an emergency fund is only for the poor investors; as long as bitcoin investment is very much concerned, both poor and rich investors need to make provision for their emergency fund if they want to have a smooth ride while they are accumulating bitcoin, and they can settle up this emergency fund before they start accumulating bitcoin or a month after they have started accumulating bitcoin. An emergency fund is a backup fuel in a bitcoin investment that helps investors overcome obstacles and get to their promised land, so an emergency fund is an important fund that should not be neglected by any bitcoin investor.

[Proty]

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.

I would like to shed a little bit of light on this, more especially on the strategies use in the accumulation of bitcoin, we have different strategies in accumulating bitcoin which are buying  the dip, dollar cost average (dca) and lump sum buying  so emergency fund as you mention is not a strategy for accumulating bitcoin but rather the purpose of emergency fund is for you to be able to hold your bitcoin till the anticipated time with you dipping hand into your bitcoin investment. Also discretionary income is not a strategy for accumulating bitcoin but rather it is the money you use in accumulating bitcoin that you will not be needing for a long time.

[fredericktaylor]

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.

Long-term investment requires not only emergency funds but also some other strategies.

There are certain strategies that must be followed in order to invest in your Bitcoins for the long term.
Basic knowledge.
Long term investment plan.
Adopt Dca method.
emergency fund.

Long Term Investment Plan:- You must make long term investment plan. Reduces risk and brings success in long-term investments.

Basic knowledge:- Basic knowledge about Bitcoin is a must. Bitcoin is financial freedom, investment, security and digital economy of the future. Works differently than conventional assets (like stocks, gold, real estate). Investing in it without proper knowledge has high probability of loss.

Adoption of Dca method:- Investing in DCA (Dollar-Cost Averaging) method every week increases BTC yield and reduces the amount of risk. Because investing in steps reduces the risk. You are buying BTC every week when the btc price rises at the beginning or end of the month. When my btc price drops you are buying btc every week which means your average purchase price is also average. Using DCA method does not need to pick the right market time.

Emergency Fund:- Long term investment may or may not have emergency fund.
But I'd say it's better to have an emergency fund for long-term investments. Because of the need to have an emergency fund so that there is no hindrance in the investment field in case of financial problems during the long-term investment.

A long term investment plan in DCA method will be good for you. Those who are experienced can invest freely in any strategy. New and old everyone can invest in DCA method.
I would say investing in a new position is not a complicated matter if certain strategies are followed properly.

[JayJuanGee]

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.

Since both BTC price and  the value of the dollar (and other fiat) are continuously moving, then it seems reasonable to consider targets in terms of how many years of income you need in your BTC portfolio.. so traditionally that has been anywhere between 10 to 30 years of income/expenses, even though I personally believe that you can get by with 10 years on your bitcoin investment value if you are using the 200-WMA to valuate your BTC holdings. 

So then you have more options once you know that you are able to sustain yourself perpetually off of your BTC holdings.  Sometimes guys might not be comfortable with merely meeting their threshold accumulation number, and  they would prefer to reach some  kind of overaccumulation status in order to have enough cushion.  So guys can make mistakes in regards to either not having enough or having too much.  We should also realize that bitcoin has been appreciating in  value so well over the years, so that even if we might feel that we need 18.17 BTC right now, as our minimum entry into fuck you status, we may well reasonably calculate that in about two years, we might need ONLY around 10 BTC or fewer in order to be at the same (or a very similar) status as 18.17 BTC puts us at today.  Yep we can get the calculations wrong, and yep, we may well need to account for some cushionary considerations to make sure that we don't end up under estimating how many BTC that we actually might need at various points in time, yet at the same time, we are able to measure an monitor those kinds of BTC stacking matters as we go and to come to make various tweaks along the way in order to make sure that we don't make mistakes that are grossly wrong.

[edited out]

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.

There is nothing wrong with having both dollar value targets and also time targets,  and surely there may also need to be some flexibility involved in terms of assessing the extent to which the unit of value might be changing, since most likely there is likely a certain level of sustainability that a guy might want to achieve, such as if he wants to be able to achieve $1k per month of income (without having to work - so from his BTC), but  then if he is thinking $1k per month in today's dollars, then he might need to account for $1k today might buy twice as much as $1k in 8 years, so he may have to account for those kinds of matters too.  The guy might have specific reasons for both his value accumulation target and for his time target, but he has to attempt to be realistic too.. so that he is likely going to be in a much better position if his value accumulation exceeds his target rather than if it underachieves, which is another reason for the benefits of attempting to be realistic and even conservative in chosen targets and then to have satisfactions in overachieving previously set targets. 

In other words, the mere fact that a guy feels that he reaches his value  target prior to the time target should not indicate that he necessarily needs  to abandon his mission,  since it is most likely that the guy has given himself more options when he reaches his value target early, and also sure, if he doubts himself, then he can recalculate or maybe change the target, or he might be happy just to have some satisfaction of exceeding his target rather than underperforming his target.

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.

Sure there are some guys who might feel that it is better to set a very strict  strategy and strictly weekly buy amount in place, yet I doubt that any of us needs to be be preoccupied with any particular mandate from the outside, even though becoming  persistent, consistent, regular and perhaps even aggressive can be helpful  as long as back up funds are also in place, and those kinds of strategies come mostly from DCA and lump sum buying, yet of course, we can also hold back some funds for buying on the dip, yet the main points are that we tailor our level of aggressiveness to our personal circumstances, and surely some strategies are going to be be better than others in terms of reaching our goals if we set some specific goals, then we work within our personal finances and psychology to achieve such goals within our timeframe and/or personal parameters.

If we have around $600 to $1,800 of monthly income, and $800 to $1,200 in expenses, then we have quite a bit of variability in our cashflow and quite a bit of variability in the level of our discretionary income, and we likely are going to be in a better position to prepare for possible months that our income might be low and our expenses high.. so we need a cash cushion and back up funds to prepare for the worse situations (and that is not even emergency funds, that is the amount of difference between expenses and income that might come from time to time.. and sure maybe as an individual we might know some of that in advance, like we already know how our expenses and income vary in their amounts).. and likely our emergency fund should be built up to reach a minimum of $3,600 (which is 3 months based on the worst case scenarios), and we would be working on building up our emergency fund and probably while we are also investing in bitcoin, yet we would likely want to  get at least our emergency fund up to 3 months before we are able to really start being aggressive in our bitcoin investment, even if we might target trying to accumulate $100 per week, which ends up being around $433 per month. So it could  take this kind of a person many months, perhaps even a year or so before he has built his BTC investment and his emergency  fund to be each equal to 3 months of his expenses.

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.

A guy does not have to plan prior to getting started investing into bitcoin.  To get started all he needs to figure out is if he has $10 that is available within his discretionary income or not.  If he knows that he has $10, then he can get started.  In relation to bitcoin, a lot of people have the problem of failing/refusing to get started. So getting started seems to be the most important of anything, and  the planning and the organizing and figuring out if a guy has $10 every week to continue to invest into bitcoin, that can be worked out as the newbie goes, and sure he may  well have to start out slow while he is figuring out how aggressive he might be able to be in regards to his bitcoin investing that he is just starting to do every week-ish..

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

You don't need to know any of these above-mentioned things before getting started investing into bitcoin.  In the beginning, all you need to know, to get started, is whether you have $10 of discretionary income that you can put into bitcoin, to get started.  And, yes discretionary income means that you don't need it for your expenses.... so similar to if you were to buy a some cigarettes for $10, but instead you bought $10 worth of bitcoin with that money and skip the $10 of cigarettes, since those cigarettes were  optional consumption  items.. you did not need them,  but instead you chose to use that $10 to buy bitcoin. Therefore, you have gotten started.