Buy the DIP, and HODL!

[virasog]

By looking at this chart presented here shows that Bitcoin sentiment is bullish, by looking at this last bullish engulfing candle sticks, it shows that their are a lot of buyers in the market, so who are those folks that are saying that it's too expensive to be buying now?
Those buyers in the market do they think they don't know what they are doing?
It's only myopic people that will be seeing it that way as expensive because Bitcoin is seriously on the rise, and I see it setting a new all time high in the nearest future, that's why their should be no wasting time for those that hasn't started accumulating it yet, the better they seize this opportunity or regret later.

Another thing is that Bitcoin is always more expensive than altcoins, and this is always a case where newbie traders enter the crypto world and buy altcoins thinking that Bitcoin is too expensive. They have the mindset that since the altcoins' prices are lower, investments in them will be more profitable.

Time has taught us that those who have invested in Bitcoin BTC are more profitable in the long term and short term and those who were holding bags of altcoins are only regretting it.

[JayJuanGee]

Waiting for a drop is never the right approach. This will make you miss out on buying. You think that if Bitcoin reaches $90,000, I will buy. If it doesn't, then you have missed out on buying. You can continue to buy consistently using the DCA method, so you can buy at all levels. If you want, you can set aside some money to buy aggressively.

If you are going to hodl long enough - you can buy anytime, and be in profit.

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, e high this month or sooner.

Trying to identify or know when will be the double bottom or double top will add no additional bitcoin to your bitcoin portfolio if you are not buying consistently amd persistently with DCA method overtime. This is one of the reason why I love the DCA strategy because it does not make you end up in regret for not buying cheap or for been a low coiner.

A new investor who has zero knowledge about reading charts will definitely benefits from buying at ghe double bottom if he buys with DCA weekly, regularly, consistently and persistently to keep is bitcoin accumulation ongoing for 4-10 years and above. It's when you feel that you are smarter to buy cheaper is when you will miss out from all the opportunities in the market.

Chart is not useful for a brand new investor who is on a long term journey and is only concerned to be buying and buying till he reaches his bitcoin target. Your priority is for you to keep adding to your bitcoin for the future.

A new investor, and perhaps even a person who has been buying bitcoin for 2-4 years would not be advantaged by trying to read the charts, whether he knows how to read the charts or not.  Perhaps even the newbie guy who knows how to read charts is more dangerous than the one who does not know how to read charts, since both should be buying bitcoin regularly, persistently, consistently, ongoingly and maybe even aggressively.  If the newbie is reading charts, then he likely is not focusing on buying bitcoin including that he likely falls outside of even any possibility to invest into bitcoin aggressively since he is too busy waiting and strategizing rather than ongoingly buying bitcoin.

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

If we are new to something, we also might need to be more measured in terms of working our way up to a certain budget, and so hopefully we are not making large mistakes in our ways of calculating how much bitcoin that we might be able to buy or even that we are not making mistakes in regards to other aspects of our cashflow management and various back up funds that we also might need to build and/or maintain.

You are right, sir, I believe that it's more better to invest flexibly than getting oneself in a bad depressive state for the sake of meeting up. Like you mentioned, there are some people that can invest aggressively and still the able to catch up with their pattern of successfully handling the investment and keep it consistent but some persons can not.

Price drop should not be a limiting problem for why the person should not invest but even if the price drops, it's just an advantage to accumulate more than what was expected.

There is always a trade-off for any guys that are holding back value to buy dips.  The ONLY way that any guy is able to potentially buy more aggressively on dips is based on his having had held back value.. whether it is holding back 10%, 30%, 50% or some other amount, and so ultimately each guy has to figure out how much to balance the buying of bitcoin regularly and the holding back value for the abilityt to be able to buy dips, and it seems that newbies should be concentrating more on the ongoing buying rather than holding back of value, even though, sure, it might feel good to buy dips, but dips also might not end up happening, so if the BTC price goes up, it feels good to have already bought decent amounts of BTC with whatever value that the person has.

I think that if they are going to decide to invest, they'll only realize that sooner and they'd heavily going to be after it when we're on the next cycle or hopefully, before it.

Some people might come to realize earlier rather than later, yet it seems to be very common that even people who hear about bitcoin, they either fail to act or if they investigate into the matter, they end up getting distracted by shitcoins or trying to trade bitcoin, which are both mistaken ways to approach bitcoin.

That is so true. I've known a lot of people personally that I've talked to them about Bitcoin and even friends outside the circle and just did some casual talks.

All they talk about were the memecoins, well, that's them and I understand where they're coming from with all the same excuses about Bitcoin being expensive as they say.

People are going to continue to be distracted by unit bias, and that works to their disadvantage to the extent that they cannot see the value of bitcoin, besides the unit value.  Buying satoshis could help (or at least thinking in terms of satoshis).  Also learning about market cap could help, even though several shitcoin's manipulate their market cap, yet bitcoin's market cap should be compared with monetary supply and/or gold and/or bitgger companies rather than being compared with shitcoins.. and then getting distracted into believing that shitcoins either have any value or that shitcoins are a meaningful comparison point.

It is obvious that a lot of you are mistaken aggressive investing for something else because it does not mean that you should ignore other important things such as using only discretionary income, setting aside emergency funds and other minor details. Let me give example to make the explanation easier. Assuming someone have been able to work out his discretionary income might decide to invest as high as 70% of it by cutting down on unnecessary spending and channeling everything to Bitcoin. This shows the level of passion and commitment on the side of such investor. Others in his situation may not want to go above 50% of their funds to be invested into Bitcoin.

You can invest whatever is left over from your discretionary income and after deducting your personal expenses, and I would advise beginners to invest 5% to 25% of their income.

If a new investor decides to invest 70% of their income initially, they may be alarmed by small market declines. If a new investor invests 70% initially, they may become very anxious. They should invest small amounts so that they are less likely to get emotional about their investments. It is very difficult to determine how to maintain their psychological balance.

You seem to be mixed up Gost ms.  Odohu was talking about investing 50% or 70% of discretionary income as examples of aggressiveness, and discretionary income already accounts for expenses... it is the amount that is left over after accounting for expenses.

When you mentioned investing 5% to 25% of your income, you are talking about income prior to accounting for expenses.

There is nothing wrong with talking about various ways to measure what we are doing as long as we do not mix up the concepts and then start to include a lot of confusing information in regards to trying to figure out the reference points.

[edited out]

They deserve the rest. But because, currently, they're probably addicted to the pain, and they also probably feel they can do it longer - they will take the path to "the impossible". The path to Push Ups Until $1,000,000 United States Freedom Dollars PER Bitcoin.

But with nation-states and business institutions desire to HODL Bitcoin, it might not be that impossible anymore, no?

Of course, it is difficult to know when $1 million per coin is going to happen, and that is ONLY a 10x from here.. so it is really not that BIG of a leap to reach $1 million per BTC, as you suggested with the fact that Bigger and BIGGER players are getting into bitcoin.

It could happen this cycle.. meaning within the next 6 to 18 months or it could take a bit longer to happen, such as 2-6 more years.

I would be quite surprised if $1 million per BTC were to take more than 6 years to happen... even though we surely know that there are quite a few different possibilities in bitcoin, including that less likely scenarios could end up playing out (and sometimes do end up playing out), even though we probably should be setting up our own preparations in regards to our own situations in regards to the more likely rather than less likely scenarios... even though we should attempt to be financially and psychologically prepared for a variety of scenarios, even extreme scenarios in either price direction.

[Felicity_Tide]

Another thing is that Bitcoin is always more expensive than altcoins, and this is always a case where newbie traders enter the crypto world and buy altcoins thinking that Bitcoin is too expensive. They have the mindset that since the altcoins' prices are lower, investments in them will be more profitable.

Time has taught us that those who have invested in Bitcoin BTC are more profitable in the long term and short term and those who were holding bags of altcoins are only regretting it.

And I think this is why people who make attempts to try things out tend to make better progress than those who believe that applying common reasoning alone is enough. From a logical point of view, a person who chooses to rely solely on reasoning would find everything right with what you shared in the first paragraph and might frown at what you suggested in the second. That's simply because they haven’t taken the time to truly understand the basic concept behind why Bitcoin is great. Even a simple reasoning will tell someone that a gradual accumulation is possible, but I guess that part won't ring much in their ears.

It’s a very simple logic that requires both questioning and testing, which all falls under research.
1. Where should I put my money, in a place where there is more demand or less?.
2. Should I invest in an asset that performs tremendously well or in a so called asset that acts as compensation?.
3. Who is talking about this asset, big players including the government, or just some random person I don’t know?.
4. What’s the growth rate of the asset I’m investing in?.

If new Investors can find answers to these questions at an early stage, shitcoins won't even come across their minds.

These are the little things people can literally ask even before doing anything, but instead, they choose to rely on reasoning, without proper research and questioning.

[ginsan]

Buying on dips has always been a dream for many investors, they always hope to be able to do it when dips occur. I see how proud investors are if they find an opportunity to enter at a cheap price, but I think many investors prefer DCA to accumulate bitcoin.
The reason is because many large companies continue to accumulate Bitcoin at the current price, they continue to buy while those who are afraid will continue to be left behind.

With the increase in the price of bitcoin this week we have seen a significant surge in buying demand, I think all investors are aware that waiting is a waste of time and opportunity for that they continue to advance with accumulation at the current price.

Lucky for those who have planted strong beliefs until now because holders are winners and they are strong investors in any situation like saylor and several others.

[Rockstarguy]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

[SmartCharpa]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

[Jostern]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

To have no regrets in the future, we need to do what we can now - no matter how little our steps may seem.

Yes to be on the safe side we have to keep doing what is possible for us now, and never to consider accumulating for a short term period which is always a bad idea, and it best we keep accumulating consistently as long as we know we can accumulate and get to over accumulation and a full circle, for someone that have a source of income you don’t necessarily need to save money to start and investment but using our discretionary funds to invest and accumulate more and more which is a better strategy or we can accumulate fraction by fraction to accumulate consistently.

As little as our efforts is, it’s more important and necessary that we just keep accumulating and building our portfolio which will do us a lot more good, in our journey to have a successful investment we should not hesitate to take advantage of the opportunity of investing and building an amazing portfolio for a future purposes, Bitcoin is an unpredictable asset and we really don’t know what benefits might come out of it. So it’s best we invest and HODl for a long term.

[Silikiem]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

Staying informed about current market trends is not overly bad as a bitcoin investor, this will also help you as an investor to be able to have, and show knowledge of a situation regarding your investment strategy whereby keeping your portfolio stable as you continue accumulating especially as the strategy is for the long term investment and holding. Having a knowledge about the current market trends doesn’t stop you from accumulating especially for someone whose strategy is for the long term investment and that is why it’s advisable to accumulate using the DCA method whereby you don’t get distracted by the current market trends or charts in as much as you have a knowledge about it.

[laijsica]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

Staying informed about current market trends is not overly bad as a bitcoin investor, this will also help you as an investor to be able to have, and show knowledge of a situation regarding your investment strategy whereby keeping your portfolio stable as you continue accumulating especially as the strategy is for the long term investment and holding. Having a knowledge about the current market trends doesn’t stop you from accumulating especially for someone whose strategy is for the long term investment and that is why it’s advisable to accumulate using the DCA method whereby you don’t get distracted by the current market trends or charts in as much as you have a knowledge about it.

As a result of the market situation it's better to accumulate Bitcoin than to watch additional charts. Sometimes you may get confused and start to have flashy aspirations, so it is advisable to focus on the savings cycle initially. In fact, most of the recommendations made for new investors may go against their wishes and they constantly look at Bitcoin charts and calculate their holdings. The mindset of investing periodically and increasing the accumulation with earnings and increasing the holdings for the long term will increased your tolerance. I think that even if you have a fairly strong source of alternative income and little knowledge about Bitcoin it should not be difficult for you to carry out long term activities in investing. The Bitcoin market situation does not prevent us from investing, but rather motivates us to do it for the long term.

[POPOLUV]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

[Gost ms]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

[Sim_card]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

[Tonimez]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

Bitcoin accumulation is intentional, either DCA, aggressive buying or Front loading. First of all, any investor must be very observant not to get involved in investing his backup funds and emergency funds either unknowingly or intentionally. This does not matter whether it's the Dip or as at when the fund is available. Using up your back up funds to place you at the risk of selling off your bitcoin at a loss when emergency comes. Invest Aggressively if you can, but be sure not to tamper with your backup funds.

[CageMabok]

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

There is nothing misleading as long as the final advice is to buy Bitcoin because even though it always depends on each person's personal desire in terms of buying, I think everyone will definitely use what they are most comfortable with when they want to do something they want including buying Bitcoin. So when there are people who move with different methods in buying Bitcoin, it is not a mistake because the ultimate goal is to buy as much Bitcoin as possible with the amount of capital they have.

So the difference is just a natural attitude that needs to be seen and learned by people who have not used any method at this time. Because in terms of buying certain assets or Bitcoin, of course everyone must have capital in the form of money even though it is only in a small amount. So there is no need to consider other people's comments as something that is wrong even though it may not be right for yourself.

[Stormisover]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You need to understand that any amount of money you have from your discretionary income that can use to buy Bitcoin comfortably without struggling to sort out your other important needs is your own level of aggressiveness and it doesn't happen by forcing yourself to do it, forcing yourself means that you are being over aggressive since at that you will be buying Bitcoin with money that should be used to sort out your other important needs and that is were it is bad.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.]/b]

Having a steady cash flow shouldn't be a reason for any investor to go at any length investing and building his portfolio, there must boundary or limit to which he should be investing and that is investing within his discretionary income and to his own comfort not to any length.

[Barikui1]

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

Bitcoin accumulation is intentional, either DCA, aggressive buying or Front loading. First of all, any investor must be very observant not to get involved in investing his backup funds and emergency funds either unknowingly or intentionally. This does not matter whether it's the Dip or as at when the fund is available. Using up your back up funds to place you at the risk of selling off your bitcoin at a loss when emergency comes. Invest Aggressively if you can, but be sure not to tamper with your backup funds.

No, I disagree on this your last statement here, I mean the words in your statement I made bold, it's only emergency funds you don't temper with no matter what, because it's stands as a shield against any unforseen emergencies in the future, and it's meant to combat real life emergency that may threatens your holdings, but in the case of back up funds, it's primary duty is to give you that financial leverage to act on some things that may impact your holdings positively,  like giving you the leverage to buy aggressively when there is a serious dip in the market.

 So what am trying to say is that it's only emergency funds that should not be tempered with unless their is a real life emergency, but in the case of a back up fund's, you can use it to buy aggressively during a dip unlike emergency funds that is not to be tempered with.

[Wind_FURY]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

I CANNOT believe that I made that post SIX YEARS AGO! Has it been really that long? I still remember I was working with my grandfather in his antique shop, doing almost nothing while waiting for his wealthy clients, then play Live Craps during my lunch-break. It was good money if you could make a sale.

 

I hope this topic has helped you in your Bitcoin journey ser. Buy The DIP, DCA or both, it's your choice. BUT HODLing is what's important.

[bitcoin_mining]

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

In addition, the presumably possibility that price will drop is a 50/50 chance but however, focusing on price drop to accumulate is basically if not the same thing with wasting to try to find the best entry point. hence it's more of a better opinion to figure out how much you're willing to sacrifice for bitcoin within your discretionary income. if we have enough it's even more advisable to buy aggressively as long as we can afford it without tempering with our daily expenses which will lead to deeping hands into our investments.

I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation.  Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target. You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

If I have $5000 to invest in Bitcoin over a space of 6 months and within this period I expect that price may correct a little before continuing the upward movement, I can decide to allocate $4000 into DCA purchase spread across the 6 months and then keep the balance of $1000 to buy the dip should I see the correction. This is not a bad way to proceed and is how I understand buying the dip to mean.

If I have $5,000 right now, I will not invest all my money in Bitcoin at once, but I will divide this $5,000 into several parts and invest it continuously according to that. That is why I will not invest all my money in Bitcoin at once because if I invest at once, I will have an investment at any point in the price, but when I divide this $5,000 into multiple parts and invest it, it will be seen that I will be buying Bitcoin during many positive and negative changes in the market, which will result in my investment not being much more. Basically, I can directly consider this investment as a DCA investment strategy. In the case of DCA investment strategy, the issues are similar. In the case of DCA investment, investors usually invest continuously based on their income. In this case, when I have $5,000, just as I will invest continuously from this $5,000, I will also separate a part of my income so that when I finish investing this $5,000, I will continue to invest continuously again.

[Futurexxx]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

I CANNOT believe that I made that post SIX YEARS AGO! Has it been really that long? I still remember I was working with my grandfather in his antique shop, doing almost nothing while waiting for his wealthy clients, then play Live Craps during my lunch-break. It was good money if you could make a sale.

 

I hope this topic has helped you in your Bitcoin journey ser. Buy The DIP, DCA or both, it's your choice. BUT HODLing is what's important.

According to how detailed your explanation was on how to navigate your way in investing continuously in Bitcoin, if you did follow through with it, you will certainly be in a huge profit by now, and we that are just starting will be wondering what were we doing then, though knowledge is power as they usually say, and it's the actual fact, if I  had known all this I know now, I would certainly have gone a long way in my accumulation journey, but I am certain that am still on track though, keep on holding for a better tomorrow.

[Frankolala]

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

In addition, the presumably possibility that price will drop is a 50/50 chance but however, focusing on price drop to accumulate is basically if not the same thing with wasting to try to find the best entry point. hence it's more of a better opinion to figure out how much you're willing to sacrifice for bitcoin within your discretionary income. if we have enough it's even more advisable to buy aggressively as long as we can afford it without tempering with our daily expenses which will lead to deeping hands into our investments.

I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation.  Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target. You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

If I have $5000 to invest in Bitcoin over a space of 6 months and within this period I expect that price may correct a little before continuing the upward movement, I can decide to allocate $4000 into DCA purchase spread across the 6 months and then keep the balance of $1000 to buy the dip should I see the correction. This is not a bad way to proceed and is how I understand buying the dip to mean.

If I have $5,000 right now, I will not invest all my money in Bitcoin at once, but I will divide this $5,000 into several parts and invest it continuously according to that. That is why I will not invest all my money in Bitcoin at once because if I invest at once, I will have an investment at any point in the price, but when I divide this $5,000 into multiple parts and invest it, it will be seen that I will be buying Bitcoin during many positive and negative changes in the market, which will result in my investment not being much more. Basically, I can directly consider this investment as a DCA investment strategy. In the case of DCA investment strategy, the issues are similar. In the case of DCA investment, investors usually invest continuously based on their income. In this case, when I have $5,000, just as I will invest continuously from this $5,000, I will also separate a part of my income so that when I finish investing this $5,000, I will continue to invest continuously again.

Of course, it's good to use such huge amount of money to invest wisely to that you can benefit from all market conditions. What I will do with such amount of money is to share it into three parts. $3000 for DCA in which I will spread it over several weeks so that I can put into practice regular weekly buying so that it can be part of me to always buy every week whenever I have the funds to keep my bitcoin investment ongoing. The second part which is $1000, I will lump sum immediately and use the last $1000 to buy at the dip. It's good to mix various accumulation strategies when you can because it will make your bitcoin investment grow in a fast pace.