Buy the DIP, and HODL!

[Zanab247]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

It may work for other investors, doesn't mean it will work for you to pay back the loan exactly the months you agree upon to pay back the loan, because BTC movement is different from other asset movemen,  it can stay low through out a year to make investors to experience bear run that will make them not to earn profit. Never you collect loan to run BTC Short time investment and you will not going to succeed in that BTC investment because BTC investment is not an investment you can earn quick money, but if you can change your mind to apply long time hodling, I guess you will earn what you want from the investment.

When the person have other sources of income he or she can repay the loan without waiting for the BTC price to pump higher before he or she can sell, but am not encouraging you to get loan to buy BTC because your mind will not be at peace until you pay back the loan.

[len01]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

Honestly taking loan for bitcoin investment is not advisable. It makes investing meaningless when they become unable to pay the loan on the agreed date.  It's always a risk though to borrow and invest in Bitcoin due to the price fluctuation. It also depends on where you take the loan and how much interest is giving. Bank loans are extremely high avoid them. Margin loans for stocks are typically around 5-6%, while property investment loans are closer to 3%. There's no reason to overpay when applying for a personal loan.

The risk not about the fluctuating price of Bitcoin, but the fact that the current job does not guarantee that the loan used for investment can be fully paid.

I mean, even though someone has a job and a steady income, it doesn't mean they don't have any risks. Like suddenly the company goes bankrupt and they have to leave the job. While at that time they still have a loan at the bank that they have to pay off. In the end, they will sell the bitcoin they have to pay off the loan. That very bad and not recommended.

While our initial concept here is to save comfortably without having any pressure and it is better to buy bitcoin with a small amount that can be lost. So we are always comfortable when investing without having the pressure of having to pay the loan.

I can guarantee that anyone who invests long term in bitcoin but uses borrowed money, I am sure they will have a hard time maintaining their assets.

[Gost ms]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

It may work for other investors, doesn't mean it will work for you to pay back the loan exactly the months you agree upon to pay back the loan, because BTC movement is different from other asset movemen,  it can stay low through out a year to make investors to experience bear run that will make them not to earn profit. Never you collect loan to run BTC Short time investment and you will not going to succeed in that BTC investment because BTC investment is not an investment you can earn quick money, but if you can change your mind to apply long time hodling, I guess you will earn what you want from the investment.

When the person have other sources of income he or she can repay the loan without waiting for the BTC price to pump higher before he or she can sell, but am not encouraging you to get loan to buy BTC because your mind will not be at peace until you pay back the loan.

Hey you are right, investing with debt is not the right approach. But in some cases, investing with debt can be done. You have enough money to invest. But you have found a bearish market but at that time you do not have the money or money to invest. But you are determined that you will get the money after some time or a few days. At that time, if you want, you can invest with debt. You have to be determined to repay the debt on time. If you are not determined, then the investment in the venture may be the opposite. And you may have to sell your investment.

Always try to restrain yourself from investing with debt. I think investing with debt will never be the right approach.

[Shadiq]

Hey you are right, investing with debt is not the right approach. But in some cases, investing with debt can be done. You have enough money to invest. But you have found a bearish market but at that time you do not have the money or money to invest. But you are determined that you will get the money after some time or a few days. At that time, if you want, you can invest with debt. You have to be determined to repay the debt on time. If you are not determined, then the investment in the venture may be the opposite. And you may have to sell your investment.

Always try to restrain yourself from investing with debt. I think investing with debt will never be the right approach.

Yes, in real life, there are times when you are poor for a certain period of time even if you have enough money. For example, you have enough cash flow in your bank account but due to some error you are not able to reach your cash flow or you are not able to use that money for investment despite having money in your hand, but you will definitely get that money within a few days. In such a situation, I do not think it is a wrong step to invest by taking a loan to maintain continuity in investment or to take advantage of great market opportunities. Because we can call it borrowing rather than lending, which many wealthy people also take as victims of circumstances.

However, you must be sure to return that money on time. Managing investments by borrowing is completely a wrong step if you plan to take a loan for a long time. In this, you may be forced to sell your holdings. There may be nothing wrong in managing investments with help for a temporary period of time if you have financial security. Otherwise, developing the habit of taking loans unnecessarily for any reason is not at all a right step, but rather condemnable.

[Gost ms]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

Taking a loan for investment can never be a good way. Let's assume that you work in a factory and you get money weekly. On this basis, you are expressing your desire to invest by taking a loan. But if your factory closes within a few days of taking a loan, how will you repay the loan? Then you will be under a lot of pressure and will you be forced to sell the investment. Suppose you are investing by taking a loan but cannot repay the loan and have to sell the investment. But then your investment is running at a loss, in which case you will face a lot of losses. So always try to keep yourself from investing by taking a loan.

Investing by taking a loan can be done https://bitcointalk.org/index.php?topic=5132720.msg65229295#msg65229295

[Nightwatchmare]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

Taking a loan to invest in bitcoin and use the proceeds from your bitcoin investment to repay back the loan is not achievable and sensible because your bitcoin investment won't be set for you to sell it and use part of the proceeds to repay back your loan before the due date of the loan, and if you carry out such an idea without any available means of repaying back the loan, then you will be left with no option than to sell your bitcoin at a loss to repay back your loan, and the reason for taking the loan in the first place will be worthless.

[JayJuanGee]

[edited out]

Man, you’re a true Bitcoin Veteran I must confess. Buying Bitcoin at $1,200 in 2013 and averaging down in 2014 and 2015… now that’s really something and it takes some serious conviction.

I can only imagine how difficult it must have been watching your Bitcoin holdings taking a serious hit in 2015, but it’s pretty commendable that you kept calm and focused on your consistent DCAing, I must say, not every Bitcoin investor can do that. And I must say that it was also a very commendable move, getting your average cost down below $500.

And Hey, mistake happens all the time right? And it’s pretty much part of the learning process. $1k average cost might not be considered to be the lowest, but when you think about it, it kinda serves as a pretty great reminder how much of a long term game investing in Bitcoin really is right?

For sure there can be various ups and downs along the way, and surely there can be various justification for whatever we might do along the way of our bitcoin accumulation path.

Even though bitcoin's prices are higher than they were between 2013 and 2016, to me it seems that bitcoin's investment thesis has gotten stronger over the past 9 years too. 

Surely guys have to figure out for themselves in regards to how aggressive they want to be in their own bitcoin accumulation journey, and for sure, I continue to consider it valuable for guys to figure out that being as aggressive as they are able to be for a whole cycle or more is going to help to get them started in bitcoin with a good base, and they should be able to reassess from time to time after accumulating for a whole bitcoin cycle if they want to continue to be aggressive in their bitcoin buying or to start to modify their approach.

For anyone investing bitcoin aggressively, at some point some bitcoin dilemmas can occur where we find that whatever we are able to add to our bitcoin stash is no longer any kind of a significant amount in comparison to the size that the whole thing as become, so perhaps at that time we transition away from aggressively accumulation and we go into some kind of a maintenance stage for a cycle or so... before we might transition into sustainable withdrawal.

Various bitcoin developments in the past couple of years have really been positive in regards to building up adoption, even though a lot of the developments have been in the financialization direction rather than on the ground usage, so I would think that anyone brand new to bitcoin or even in his first whole bitcoin cycle should have no reasons to fail/refuse in terms of working towards establishing a bitcoin stake, and yeah, I feel lucky, in some sense, since I had largely established my stake within about 3 years with most of it in the 1st year, but I also have disadvantages in regards to having had come to bitcoin with more than 20 years of investment experience, which also means that I was an older rather than a younger investor, which brings its own disadvantages..

[edited out]

During 2019, I purchased Bitcoin with most of my savings and I thought I already had enough. But when you log in to a forum everyday that only talks about Bitcoin, you are sort of making yourself accumulate MORE.

That's what I did during 2022 and 2023.

Next accumulation, perhaps 2026? .........

..................It's a matter for personal preference. I like to buy DIPs during a bear market when the price is near, is touching, or under the 200 Simple Moving Average of the weekly chart. But newbies can DCA if they personally believe it's right for them.

Have you been able to outperform a strict DCA approach, like the one that I mentioned earlier?

It's just my personal preference. I already invested a good amount of my savings during the DIPs of 2019 + some small purchases in different price points during 2022 and 2023. I'm OK with waiting for the DIPs of another bear market which could be coming during 2026.

That's a mere ten months from now. Plus the strategy has already worked for me before, and it has given me less stress and anxiety.

The only time waiting for that long can be good is if you have reached a fuck you stage in your Bitcoin investment by fuck up stage I mean if you have accumulated enough Bitcoin to the extended that even if you don't work your Bitcoin investment can take care of your expenses, but if you have not Accumulated enough Bitcoin or you have not reached a fuck you stage is not advisable to wait for any dip.
I think this should be made clear like this so newbies won't believe even them who are just starting can also wait, those who are just starting or have not Accumulated enough should not wait for DIPs of another bear market because it will slow them down in there accumulation and again you can't be too sure when it will happen so I think people who should be concerned about DIPs of another bear market are those who have accumulated enough Bitcoin or have reached a fuck you stage not newbies or people who have not Accumulated enough.

I doubt that Wind_FURY has been able to beat a straight forward and strict DCA strategy, and he has probably also invested into bitcoin much more whimpily based on his ongoing employment of a waiting (buy the dip) strategy rather than ongoingly buying bitcoin.

Wind_FURY also claims that his being poor helps to justify his ongoing employment of buy the dip strategies rather than straight-forwardly DCAing on a regular and persistent basis.

Even with an investment of a mere $50 per week, over the past nearly 9 years, Wind_FURY could have had invested $23,150 and accumulated about 5.22 BTC.  Even if his investment amount might be different, I doubt that his buying the dip strategy has outperformed a straight forward ongoing buying strategy.

It sounds as if you had been in bitcoin since mid-2016, yet you did not start to accumulate until 2019.. and still you were likely whimpy during that time, even though you are suggesting that maybe you had been saving up between mid-2016 and 2019 in order to start to buy in 2019 with whatever you had saved up by that time..   I would suggest that is whimpy.

So then sure again, you are saying that you accumulated in 2022 and 2023, presumptively with your savings between 2020 and 2021...

You seem to be proclaiming that you only buy during a period of once every four years, as if you can figure out when to buy from those kinds of circumastances.

[edited out]

Brotherly, it's not about desperation, this is more of being financially smart, their is nothing to be desperate about here, first of all, kill that notion that you will be paying the loan back from your Bitcoin holdings.
You will first of all look at the terms and conditions of the loan, if it's a flexible loan where you pay back through installment plan, and it's being spread across three to five years interval it's very good.
Furthermore, if the interest rate is on the lower side, it's a very good deal because that loan can easily be payed back from your paycheck once it comes either weekly or monthly, and with the huge amount of money borrowed you can easily buy a huge chunk of Bitcoin at once, what will even make it more juicy is if their is a dip then, because I am quite positive that Bitcoin will definitely outperform any interest rate attached to that loan on the longer run as long as it's on the lower side of it.

So what am trying to say is that if the condition of the loan is just as I explained it in the first paragraph, it's a very good opportunity we should be seizing, anything contrary should not be considered, this is my own opinion though.

What would you consider to be a threshold number to consider for a "favorable interest rate" versus "not favorable"?

Below 6% per year or some other number?

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

Honestly taking loan for bitcoin investment is not advisable. It makes investing meaningless when they become unable to pay the loan on the agreed date.  It's always a risk though to borrow and invest in Bitcoin due to the price fluctuation. It also depends on where you take the loan and how much interest is giving. Bank loans are extremely high avoid them. Margin loans for stocks are typically around 5-6%, while property investment loans are closer to 3%. There's no reason to overpay when applying for a personal loan.

Sure, it is possible, yet many people are not easily able to to get loan terms as great as the ones you are suggesting to be standards.

[Btcdeybodi]

If anyone is planning to take loan to invest in bitcoin, then they are suppose to have a source of income which can be used to pay back the loan which they took, but if anyone is expecting to use the profits which they make from bitcoin investment to pay back their loan, then that’s completely wrong. If you are taking a loan, there will be interest on the loan, and definitely there will be a pay back time.

Normally, taking a loan to invest in bitcoin is risky even if you have a source of income because when you take a loan, it comes with an agreement of when to pay back which means you will be putting yourself under pressure to pay back when the loan is due and what if by that time your income didn't arrive or it did arrive and you used it to attend to an emergency situation, it then means that the lender will start demanding for a pay back of the loan which might make you reason that the only way out will be to sell part of your bitcoins to settle the lender which will be a bad practice because even when the only option left is to sell your bitcoins, it may come up at a time when the price is down and you sell at lost. Just invest with any amount that is available for use and forget about going extra length to sort out money to invest, what you will only work towards is how to increase your income so that it will enable you to have enough discretionary income to invest more aggressively.

[terrific]

If anyone is planning to take loan to invest in bitcoin, then they are suppose to have a source of income which can be used to pay back the loan which they took, but if anyone is expecting to use the profits which they make from bitcoin investment to pay back their loan, then that’s completely wrong. If you are taking a loan, there will be interest on the loan, and definitely there will be a pay back time.

Much better not to take any loan. Look for some valuables that you can sell if someone is already going to the point of taking a loan.
Look for your things if they have a value and sell them and the money that will be taken from that should be the money to be used for buying BTC.
It doesn't have to go like this, while if someone is a true risk taker and goes up to that point, good luck.
You don't want your head thinking about these matters on how much the interest rates and if the market is down and such.

[Popkon6]

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

I cannot agree with you, in Bitcoin investment we know that we should invest as much money as we can afford to lose. But Bitcoin investment is long-term, if you invest in Bitcoin with money, you have to keep it for a long time, we have to keep this thought in mind. You can save your money yourself, you don't have to take loans from outside, and by taking extra risks, you will be forced to sell your holding at any time due to the extra pressure of Bitcoin investment, so you will not be able to sustain Bitcoin investment.
I say that if you can eliminate extra addictions such as eating nuts with your girlfriend in the park, buying flowers for your girlfriend, smoking, hanging out with friends, spending money at inappropriate times, etc. from your life, then your money will be saved. And you would spend this money daily and by combining it, you can invest Bitcoin according to the weekly DCA method.  In this way, if you can continue your Bitcoin investment for a long time, then of course your investment is more likely to reach the end of the most successful. And if you are able to keep it for a long time, your bad habits will go away from you, just change your mindset and learn to use strategies, then you will be able to sustain your Bitcoin investment for a long time and be successful.

[JoyMarsha]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

I understand your point. Despite working, have you been in a situation where you were lent some amount of money for a particular project, and it didn't turn out as profitable as you thought? It turned out disappointing.

Such a thing can happen to a borrowed amount on Bitcoin investment because the person invested with the belief that, within this time, the market would be profitable for him or her, but it didn't. As we are just anticipating the bull run to happen a few months from now, it didn't happen, but it happened towards the last quarter of the year. How will the person deal with the disappointment even when he pays back the loan? Won't his or her mood change to bad about the crypto market.

[Sonia_123]

This issue of taking loan to invest in Bitcoin has really been discussed several times and to me i found a fair justification and consideration in most of the discussions which implies that if the demands, terms and conditions of repaying the loan can be handle outside of our Bitcoin investment which should be first determined by our general and personal circumstances and in view of time and seasons for a proper evaluation before taking such decision, if all this has been carried and confirmed to be ok then taken a loan to invest Bitcoin shouldn't be a problem for me, because am already aware of the risk and precautions has been taken prior to time.

This is only good if you are buying Bitcoin when the price is on the floor or experienced correction since you can guarantee that the price will recover immediately to gain profit that can cover you loan interest.

It doesn't make sense at all. It will be wrong if take a loan because you are expecting profits in a short time before you can pay the loan debt. What if Bitcoin price never went up for months do you know how much interested you will be owing? The price of Bitcoin is not certain it will go up so if you are taking a loan relying on Bitcoin price to payback you will be in a deep situation if it doesn't. Before you can take loan ensure you are certain of the money to pay back is coming before the repay day so that you won't miss out that day and have much interested and debt to pay. And the repay money must be outside of your Bitcoin investment. Don't forget that most loans come with a very high interest rate, imagine the price of Bitcoin swings in a short price for a long time imagine the interest you will be paying even if you make that profit after some months or years you won't be able to pay off your debt. You may lose both your investment and still be owning the loan. Debt is already a big problem that makes you think when you are in debt imagine adding it with Bitcoin prince fluctuation and your borrowed money you think about is in Bitcoin while keep dipping.

Taking loans to buy bitcoin with the intention of paying back with the yielded profits is a very wrong idea  and the investor will be investing for short term with the aim of making quick profit which is very risky since bitcoin investment is best appreciated when viewed in terms of long term owing to the volatile nature of bitcoin.
 An investor can take loan to buy bitcoin when there are other means to pay or when he has other means of getting money to sort out the loan before the agreed time

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

It is not adviceable to use a loan to invest in Bitcoin because it will definitely affect your purchase of Bitcoin and the loan can force you to sell your Bitcoin when you are not determined to do so, and so you now go back to zero level,since loan comes with interest rate, how do you pay it off, what about the collaterals for the loan aside from the interest rate, how well will it be met with the time frame, it is better you have an alternative source of income to add to your salary and start building your portfolio,that is why it is adviceable as a new investor in Bitcoin, you start with the DCA strategy which will help you buy Bitcoin little by little buying and HODLing it for a long-term.

[JayJuanGee]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

I understand your point. Despite working, have you been in a situation where you were lent some amount of money for a particular project, and it didn't turn out as profitable as you thought? It turned out disappointing.

Such a thing can happen to a borrowed amount on Bitcoin investment because the person invested with the belief that, within this time, the market would be profitable for him or her, but it didn't. As we are just anticipating the bull run to happen a few months from now, it didn't happen, but it happened towards the last quarter of the year. How will the person deal with the disappointment even when he pays back the loan? Won't his or her mood change to bad about the crypto market.

Hopefully none of us are talking about shitcoins in this this thread..or trying to suggest that bitcoin is the same as shitcoins and we can use vague and misleading words, such as "crypto" in order to suggest that bitcoin is merely a part of the shitcoin space... or suggest bitcoin is similar to shitcoins, and hopefully you don't think  that.. even though you probably don't know what bitcoin is, if you think that you can refer to it as "crypto.".., or maybe you were just trying to sound smart, which your use of that vague and misleading word surely does not make you look smart, but instead the opposite.

[Samlucky O]

The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.

I understand your point. Despite working, have you been in a situation where you were lent some amount of money for a particular project, and it didn't turn out as profitable as you thought? It turned out disappointing.

Such a thing can happen to a borrowed amount on Bitcoin investment because the person invested with the belief that, within this time, the market would be profitable for him or her, but it didn't. As we are just anticipating the bull run to happen a few months from now, it didn't happen, but it happened towards the last quarter of the year. How will the person deal with the disappointment even when he pays back the loan? Won't his or her mood change to bad about the crypto market.

Hopefully none of us are talking about shitcoins in this this thread..or trying to suggest that bitcoin is the same as shitcoins and we can use vague and misleading words, such as "crypto" in order to suggest that bitcoin is merely a part of the shitcoin space... or suggest bitcoin is similar to shitcoins, and hopefully you don't think  that.. even though you probably don't know what bitcoin is, if you think that you can refer to it as "crypto.".., or maybe you were just trying to sound smart, which your use of that vague and misleading word surely does not make you look smart, but instead the opposite.

Lolz.. I don't think he knew the difference between Bitcoin and crypto if he was a regular poster of this thread, he would have known the difference between Bitcoin and crypto. You know sometimes we might be making some decent point but concluding a statement we end up messing up things. I surely believe when next he makes a statement he would correct himself except he is not prone to correction.

[MusaPk]

Bitcoin has a price cycle that repeats itself every 4 to 5 years and if you can wait for 4 to 5 years then you will get good yield on your money. If one has patience then he should go for 10 years investment plan, like keep buying Bitcoin for 10 years in case there is no huge money or invest huge capital as lump sum and wait for 10 years. If we go back 10 years then we can see that price of Bitcoin was under 500$ in 2015 which is nothing compared to current price of Bitcoin. DCA is most liked and followed because everyone can adopt that with ease.  

It seems to me that with bitcoin there is a much better plan to supplement any lump sum buys that you do with ongoing DCA rather than just sitting around and waiting for your lump sum investment for 10 years.  Many folks are not even able to lump sum and wait around, and many times they also don't want to lump sum, but they are actually practically sometimes able to lump sum a certain amount and they might even be able to front-load their investment over a year or two so that they are mostly in after a short period of time rather than investing over a whole cycle or two.

It tends to be way more practical for a lot of people to directly invest via DCA for a cycle or two rather than lump summing or being able to front load their investment into bitcoin.

I feel like a bit of a hypocrite making these assertions, since I do consider most of my bitcoin investment to have been during my first year and then supplementing a bit more over the next year and a half, and then at that point I went more into maintenance mode rather than accumulation mode... so an overwhelming majority of my BTC accumulation was done over two years...and even most of that accumulation was more heavily weighted in my first year investing into bitcoin... but it was mostly a front loading and taking various lump sum amounts from other locations and investing those amounts in to bitcoin in a hybrid DCA kind of a way.

Anyone who is new to Bitcoin or haven't invested anything into Bitcoin might not be interested in investing huge capital as Lump Sum, no matter how much money he has. It's a matter of time before new comers (or no coiner) thinks that it's fine to go investing Lump Sum. During that phase it's perfectly fine to go on with DCA.

Once you got yourself familiar with bitcoin then investing Lump Sum looks great specially on current dips. I personally think that those who want to go for Lump Sum and also looking for dip then current price of 83k is an ideal price for such people.

About your 10 years ago investment strategy, that's why I said that anyone who can invest today and wait patiently for 10 years will get good yield. Who knows 10 years from now, Bitcoin might by over one million USD.

Eid Greetings to all Hodlers !!! 

[As-Soon-As]

Bitcoin has a price cycle that repeats itself every 4 to 5 years and if you can wait for 4 to 5 years then you will get good yield on your money. If one has patience then he should go for 10 years investment plan, like keep buying Bitcoin for 10 years in case there is no huge money or invest huge capital as lump sum and wait for 10 years. If we go back 10 years then we can see that price of Bitcoin was under 500$ in 2015 which is nothing compared to current price of Bitcoin. DCA is most liked and followed because everyone can adopt that with ease.  

It seems to me that with bitcoin there is a much better plan to supplement any lump sum buys that you do with ongoing DCA rather than just sitting around and waiting for your lump sum investment for 10 years.  Many folks are not even able to lump sum and wait around, and many times they also don't want to lump sum, but they are actually practically sometimes able to lump sum a certain amount and they might even be able to front-load their investment over a year or two so that they are mostly in after a short period of time rather than investing over a whole cycle or two.

It tends to be way more practical for a lot of people to directly invest via DCA for a cycle or two rather than lump summing or being able to front load their investment into bitcoin.

I feel like a bit of a hypocrite making these assertions, since I do consider most of my bitcoin investment to have been during my first year and then supplementing a bit more over the next year and a half, and then at that point I went more into maintenance mode rather than accumulation mode... so an overwhelming majority of my BTC accumulation was done over two years...and even most of that accumulation was more heavily weighted in my first year investing into bitcoin... but it was mostly a front loading and taking various lump sum amounts from other locations and investing those amounts in to bitcoin in a hybrid DCA kind of a way.

Anyone who is new to Bitcoin or haven't invested anything into Bitcoin might not be interested in investing huge capital as Lump Sum, no matter how much money he has. It's a matter of time before new comers (or no coiner) thinks that it's fine to go investing Lump Sum. During that phase it's perfectly fine to go on with DCA.

Once you got yourself familiar with bitcoin then investing Lump Sum looks great specially on current dips. I personally think that those who want to go for Lump Sum and also looking for dip then current price of 83k is an ideal price for such people.

About your 10 years ago investment strategy, that's why I said that anyone who can invest today and wait patiently for 10 years will get good yield. Who knows 10 years from now, Bitcoin might by over one million USD.

Eid Greetings to all Hodlers !!! 

Bitcoin investment is the only way to achieve success, because if you can invest patiently in the DCA method, you will be successful. Those who have been doing the DCA method from the past and those who will do the DCA method from the present will be successful.
Because the future of Bitcoin is very good, due to which its price is gradually improving, so you only need to take risks, the biggest desire of Bitcoin investment, currently Bitcoin is going on a dip, only those who can buy this dip will be successful. And buying a dip in the DCA method awakens the ability of more investors to invest.

[Gost ms]

Bitcoin investment is the only way to achieve success, because if you can invest patiently in the DCA method, you will be successful. Those who have been doing the DCA method from the past and those who will do the DCA method from the present will be successful.
Because the future of Bitcoin is very good, due to which its price is gradually improving, so you only need to take risks, the biggest desire of Bitcoin investment, currently Bitcoin is going on a dip, only those who can buy this dip will be successful. And buying a dip in the DCA method awakens the ability of more investors to invest.

I think your statement is misleading. Because the Bitcoin market is very volatile. There is no guarantee that you will succeed if you invest in Bitcoin. Investing in Bitcoin does not mean that you will succeed. But Bitcoin has been showing success from the beginning until now.

The DCA method is an investment process. It is a complete misconception that if you invest in the DCA method, you will succeed. Using the DCA method does not guarantee you success. To be successful by investing, you have to manage it well. The DCA method is a very good process for investing. Personally, I prefer investing using the DCA method to all other investment processes.

You can succeed only by buying Bitcoin during a decline, this comment is not heard as an investor but as a business. Bitcoin is not just for buying during a downturn, you can buy it at any time and if you hold it for the long term, you can be successful. Because the current market demand for Bitcoin suggests that the price of Bitcoin will increase in the future.

[ZeroVinsonN]

Bitcoin investment is the only way to achieve success, because if you can invest patiently in the DCA method, you will be successful. Those who have been doing the DCA method from the past and those who will do the DCA method from the present will be successful.
Because the future of Bitcoin is very good, due to which its price is gradually improving, so you only need to take risks, the biggest desire of Bitcoin investment, currently Bitcoin is going on a dip, only those who can buy this dip will be successful. And buying a dip in the DCA method awakens the ability of more investors to invest.

I don't understand your statement here, or maybe you are just being misleading, because why would you say only those who buy THIS dip will be successful, thr specificity of this statement alone is a problem, previously successful investors won't be successful anymore if they don't buy this dip??  New investors in the bitcoin space won't be successful if they don buy this particular dip??? Buying the DIP is simply a way to boost your accumulation speed, it's not THE sure fire way to investment success.

[betswift]

Bitcoin investment is the only way to achieve success, because if you can invest patiently in the DCA method, you will be successful. Those who have been doing the DCA method from the past and those who will do the DCA method from the present will be successful.
Because the future of Bitcoin is very good, due to which its price is gradually improving, so you only need to take risks, the biggest desire of Bitcoin investment, currently Bitcoin is going on a dip, only those who can buy this dip will be successful. And buying a dip in the DCA method awakens the ability of more investors to invest.

I don't understand your statement here, or maybe you are just being misleading, because why would you say only those who buy THIS dip will be successful, thr specificity of this statement alone is a problem, previously successful investors won't be successful anymore if they don't buy this dip??  New investors in the bitcoin space won't be successful if they don buy this particular dip??? Buying the DIP is simply a way to boost your accumulation speed, it's not THE sure fire way to investment success.

Agreed. The sure way is to hodl appropriately and for long enough, 4 or 5 years minimum, without interrupting the process and steadily accumulating more.

[Ruttoshi]

Bitcoin has a price cycle that repeats itself every 4 to 5 years and if you can wait for 4 to 5 years then you will get good yield on your money. If one has patience then he should go for 10 years investment plan, like keep buying Bitcoin for 10 years in case there is no huge money or invest huge capital as lump sum and wait for 10 years. If we go back 10 years then we can see that price of Bitcoin was under 500$ in 2015 which is nothing compared to current price of Bitcoin. DCA is most liked and followed because everyone can adopt that with ease.  

It seems to me that with bitcoin there is a much better plan to supplement any lump sum buys that you do with ongoing DCA rather than just sitting around and waiting for your lump sum investment for 10 years.  Many folks are not even able to lump sum and wait around, and many times they also don't want to lump sum, but they are actually practically sometimes able to lump sum a certain amount and they might even be able to front-load their investment over a year or two so that they are mostly in after a short period of time rather than investing over a whole cycle or two.

It tends to be way more practical for a lot of people to directly invest via DCA for a cycle or two rather than lump summing or being able to front load their investment into bitcoin.

I feel like a bit of a hypocrite making these assertions, since I do consider most of my bitcoin investment to have been during my first year and then supplementing a bit more over the next year and a half, and then at that point I went more into maintenance mode rather than accumulation mode... so an overwhelming majority of my BTC accumulation was done over two years...and even most of that accumulation was more heavily weighted in my first year investing into bitcoin... but it was mostly a front loading and taking various lump sum amounts from other locations and investing those amounts in to bitcoin in a hybrid DCA kind of a way.

Anyone who is new to Bitcoin or haven't invested anything into Bitcoin might not be interested in investing huge capital as Lump Sum, no matter how much money he has. It's a matter of time before new comers (or no coiner) thinks that it's fine to go investing Lump Sum. During that phase it's perfectly fine to go on with DCA.

Once you got yourself familiar with bitcoin then investing Lump Sum looks great specially on current dips. I personally think that those who want to go for Lump Sum and also looking for dip then current price of 83k is an ideal price for such people.

About your 10 years ago investment strategy, that's why I said that anyone who can invest today and wait patiently for 10 years will get good yield. Who knows 10 years from now, Bitcoin might by over one million USD.

Eid Greetings to all Hodlers !!!  

Bitcoin investment is the only way to achieve success, because if you can invest patiently in the DCA method, you will be successful. Those who have been doing the DCA method from the past and those who will do the DCA method from the present will be successful.
Because the future of Bitcoin is very good, due to which its price is gradually improving, so you only need to take risks, the biggest desire of Bitcoin investment, currently Bitcoin is going on a dip, only those who can buy this dip will be successful. And buying a dip in the DCA method awakens the ability of more investors to invest.

You are making it sound as if buying at the dip is what will make one successful in his bitcoin investment journey when it's not true. It's only people who keep their bitcoin investment ongoing, regularly, consistent and persistent on their weekly DCA accumulation for 4-10 years and above to reach their bitcoin target that will be successful in the future, as long as they don't use more than their discretionary income to buy bitcoin.

An investor shouldn't be bothered if he buys at the dip or not because that's not his priority. Being focus on building and growing your bitcoin investment and looking for other means to increase your income should be your priority. So that you should be flexible enough to tweak to any of the accumulation strategies based on the your own financial situation at that moment. If you only focus on buying at the dip, you wouldn't have much bitcoin in your portfolio in the long run and I wouldn't call that success.