Buy Bitcoin, and HODL!

[Marvelockg]

A certain number of guys are so early to bitcoin that they are buying BTC at no matter what the price and for several years, but there still can be situations to attempt to take advantage of dips, when they do happen. and they are surely not guaranteed to happen, even if some guys say bitcoin always dips back down blah blah blah blah.. and some of those guys did not buy in August, September and October 2023 when BTC spent quite a bit of time between $25k and $27k, and guys took it for granted that coins could be bought at those prices, and any dip that we have had since October has not even come close to those kinds of prices, and it is starting to seem more likely that those kinds of prices will never be seen again.. including it is also possible that sub $40k might never be seen again - even though there are no guarantees..

you know, it is mostly  when future  reality downs on  us that we  understand the importance of  past previledges we might have neglected.

 During late last year when Bitcoin was around $25k and anything near $39k was almost seen as a major gain, some newbies and old investors that thinks that being overly speculative of the market is the way to make the best profit, might feel unsure wether or not they should buy at the price and anything around $40k and above would have probably looked too high for them but looking at the current Bitcoin price within intervals of few months, it's now clear that we might not get anywhere close to that previous dip anytime soon and that those that couldn't make the best out of the opportunity they hard to invest at those moment would have to stick with the current price now. Even while we are doing our regular DCAing, it's good we look at certain DIPs as opportunity to buy more Bitcoin into our portfolio. If the resources are available, special funds could possibly be set out for times when certain DIPs comes in and we might decide to buy aggressively during such Time which will go a long way to increasing the quantity of our holdings in our portfolio.

Another thing is that we are at higher prices right now, so guys take for granted that these prices might be revisited again, even if the BTC price goes up, which may or may not end up being true.. We cannot really know with any level of certainty, so there are a lot of guys who just keep buying, and then maybe at some point they will have more luxuries to feel comfortable buying on dips and slowing down on their DCA purchases... yet most likely those kind of guys have to get to a certain stack level first and perhaps mostly be in profits (although the level of profits might not really matter so much, even though everyone feels better when they are in profits, but sometimes there can be some failures to appreciate the difference between simple profits and profits that have been doubled upon each other several times.. .. which is even a more comfortable place to be when such dynamics might be possible).

reading this is absolutely satisfying and rewarding. Their is a lot of advantages that comes when you've been able to accumulate a lot of Bitcoin in your portfolio and it even gets better when you are already in your profit and you're probably looking for a way to just top up your holdings, it's mostly at those point that deciding to buy with a single buying strategy or multiple of them becomes easy. You can easily buy during your comfortable dip at your own luxury unlike the new person that's just concerned about getting as much Bitcoin as he has the means to and might need to necessarily ensure that his emotions and plans are all in check while buying.

[Mayor of ogba]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

[Barikui1]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

[Justbillywitt]

When I am back to the market, I was impressed by Bitcoin's movement. I expected that to happens before I left the market a few days ago. Now is still a good time to buy more Bitcoin, either buying directly or continuing to run DCA.

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

This market correction is an important influencer to help Bitcoin reach the peak of it's all time high, many already predicted the correction to happen and it did, every current price range is the absolute point to invest in not undermining it could go lower than the recent price. Dcaing on the DIP should be encouraged as we stand much better chances to accumulate more Bitcoin than just buying at a particular point, who knows if the price would go below.

I would advise investors who have enough finance to DCA massively than usual at this period when we are very close to the halving anything might happen. Bitcoin might return to hitting new price mark and it's encouraged for we to take the correct condition of the market for our own advantage.

It is important for investors to continue with their DCAing of bitcoin and also very important to know when to utilize the other methods like buying the dip. As an investor who is in for the long term investment, we left with different methods of buying bitcoin and we have to know when to effectively utilize them. Bitcoin was at $73k and suddenly dropped to $62k, an investor who understands how things work should know that this was a reasonable dip and at this point utilize the strategy of buying the dip with the money that was already set aside for buying the dip. It is not just enough to the strategies that are being taught here, but knowing when to apply them it's the most important, because if you don't engage with it, it won't profit you.

[Aanuoluwatofunmi]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

The market is already pumping again and some are already getting excited about that while some remain being complacent in their decision making process because they are afraid of what may comes in next, though I've seen some that are saying the market may dump further but this isn't the reality with what is currently going on because we are still in the bull season, only the few who already took advantage on investing during the dump are now happy on their decision, when the markets goes dip, then we are expected to buy the more if we can afford to, we should be getting ready for more pumps and bullrun as we go closer to the month end and approaching halving the more.

[Tmoonz]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

 That sounds more like a trading strategy rather than investing, a long term investors may not necessarily analyse the market conditions before making decisions rather he or she gets prepared on how to go about when there is an upward trends and downwards trends in the market hence analysing the market conditions before decisions might be a waste of time of not taken advantage of any present market conditions. However there should be a certain level of preparedness for every long term investors in regards to the up and down Bitcoin movements,  with your dca you are always there in the market irrespective of the price, you can lump sum or aggresively buy when there is a dip or also prepared to buy when it dip further.

[wmaurik]

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

From all the time that has passed on Bitcoin, this should be enough accurate proof to fully believe in Bitcoin. So that current users no longer need to spend more time doing excessive analysis except only to increase their own knowledge, because after all, everyone who wants to hold Bitcoin and own it for the long term must of course be based on sufficient knowledge. So I also quite agree with what you say because someone who can immediately adopt the DCA strategy will be better than spending more time on analysis which will ultimately choose Bitcoin. Even if it is done, it will not be wrong for anyone who has the time to do it.

[Hewlet]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

The market is already pumping again and some are already getting excited about that while some remain being complacent in their decision making process because they are afraid of what may comes in next, though I've seen some that are saying the market may dump further but this isn't the reality with what is currently going on because we are still in the bull season, only the few who already took advantage on investing during the dump are now happy on their decision, when the markets goes dip, then we are expected to buy the more if we can afford to, we should be getting ready for more pumps and bullrun as we go closer to the month end and approaching halving the more.

How do you comfortably bother yourself about every pump that's going on in the market or a sudden dip that you just witnessed? So you want to tell me to be bothered that Bitcoin was down some days ago and then become too excited that it's gradually going up again? How long can I continue with that mix of emotion before I get frustrated with my investment and probably sell off my bought Bitcoin due to impatience?

If we are ever afraid of what might happen next with bicoin value then it's possible we are still looking at Bitcoin investment as a ponzi scheme and not something we can hold on for long. If you've gone back to look at the past trend of the Bitcoin market maybe for the sake of knowledge, you will notice that it's never a linear movement if we are looking at it from an infinitesimal point of views like in days or weeks but if you look at the past trend of Bitcoin from a brother perspective like in years, it becomes obvious that the trend has always had what could possibly be looked at as a kind of linear movement because with time, the value of Bitcoin in the future will always exceed the amount you used in buying it which should give you the needed peace of mind not to be bothered about a one or two weeks upward or downward volatility. It's not wrong to try to buy more when you're at a dip or kind of smile at the market when you're gaining but regardless of the trends, you shouldn't allow it bother your mind as it's certain that if you continue with your holding, you must certainly reach your goal.

[Obim34]

It is important for investors to continue with their DCAing of bitcoin and also very important to know when to utilize the other methods like buying the dip. As an investor who is in for the long term investment, we left with different methods of buying bitcoin and we have to know when to effectively utilize them. Bitcoin was at $73k and suddenly dropped to $62k, an investor who understands how things work should know that this was a reasonable dip and at this point utilize the strategy of buying the dip with the money that was already set aside for buying the dip. It is not just enough to the strategies that are being taught here, but knowing when to apply them it's the most important, because if you don't engage with it, it won't profit you.

Yes, our sole reason of making investment is to make profits, whereas we see extra possible patterns to maximize our profits is best to adapt to it. Buying DIP is an applicable strategy that can be implemented along side DCAing. If a person must have had the opportunity of having a reserve funds aside emergency funds, he would need consider using portion of the funds to accumulate more Bitcoin from the DIP.

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

The market is already pumping again and some are already getting excited about that while some remain being complacent in their decision making process because they are afraid of what may comes in next, though I've seen some that are saying the market may dump further but this isn't the reality with what is currently going on because we are still in the bull season, only the few who already took advantage on investing during the dump are now happy on their decision, when the markets goes dip, then we are expected to buy the more if we can afford to, we should be getting ready for more pumps and bullrun as we go closer to the month end and approaching halving the more.

How do you comfortably bother yourself about every pump that's going on in the market or a sudden dip that you just witnessed? So you want to tell me to be bothered that Bitcoin was down some days ago and then become too excited that it's gradually going up again? How long can I continue with that mix of emotion before I get frustrated with my investment and probably sell off my bought Bitcoin due to impatience?

It is not a matter of being bothered, already we know how volatile the Bitcoin market can be, it's a case of grabbing chances and entry price that may not reoccur any time soon, we saw how quickly the price of Bitcoin surged rapidly hitting an All Time High and in those process we never witnessed such deep correction like we experienced in this one. The market is recovering or falling should not be what we debate or set our eyes on, taking advantage at every price movement should be our priority I order to maximize our portfolio.

[Miles2006]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

In terms of analysing market price and all that should be avoided at first start, at first start here is talking about the newbies. When referring to the aggressiveness I don't think it's okay going at once buying using the lump sum strategy as newbie it looks like gambling, accumulating bitcoin aggressively has process and as time goes accumulating amount continues to increase. I can use myself as an example, accumulating and learning has to do with process and there's no point rushing things except you have a deadline to meet as an investor or else buying aggressively as a newbie needs care and caution, having the plan to invest  from 5_10 years still has to do with planning. Even having 100% to accumulate monthly still needs your knowledge so I think accumulating aggressive has to move with our knowledge acquired. Having the money to buy using the lump sum strategy as a newbie still doesn't change the fact but rather I will go with the dca strategy at first cause I still have a long way to go with accumulating bitcoin and as time goes I can increase.

[Callido]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

In terms of analysing market price and all that should be avoided at first start, at first start here is talking about the newbies. When referring to the aggressiveness I don't think it's okay going at once buying using the lump sum strategy as newbie it looks like gambling, accumulating bitcoin aggressively has process and as time goes accumulating amount continues to increase. I can use myself as an example, accumulating and learning has to do with process and there's no point rushing things except you have a deadline to meet as an investor or else buying aggressively as a newbie needs care and caution, having the plan to invest  from 5_10 years still has to do with planning. Even having 100% to accumulate monthly still needs your knowledge so I think accumulating aggressive has to move with our knowledge acquired. Having the money to buy using the lump sum strategy as a newbie still doesn't change the fact but rather I will go with the dca strategy at first cause I still have a long way to go with accumulating bitcoin and as time goes I can increase.

Buying aggressively does not have any concern being a newbie or not, first of all it depends on our understanding about Bitcoin and it's accumulating system. A person who understands Bitcoin investment, be it a newbie or not as long their is basic knowledge about Bitcoin one can decide to buy aggressively and it still won't have any effect on his personal life. Everyone is optioned with strategies and initiates them in a way it suits their want, people also prefer combination of two or more strategies since the whole system is to hold enough Bitcoin as to make good profits.

[Mayor of ogba]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

The market is already pumping again and some are already getting excited about that while some remain being complacent in their decision making process because they are afraid of what may comes in next, though I've seen some that are saying the market may dump further but this isn't the reality with what is currently going on because we are still in the bull season, only the few who already took advantage on investing during the dump are now happy on their decision, when the markets goes dip, then we are expected to buy the more if we can afford to, we should be getting ready for more pumps and bullrun as we go closer to the month end and approaching halving the more.

I think anyone who is accumulating bitcoin for the long term should not concentrate more on the pumping of bitcoin, because you will be holding your bitcoin for at least 4–5 years. Your main focus should be on how you will consistently accumulate the quantity of bitcoin you want to hold within the time you set aside and also hold it until the year you want to sell it.

[Sim_card]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

In terms of analysing market price and all that should be avoided at first start, at first start here is talking about the newbies. When referring to the aggressiveness I don't think it's okay going at once buying using the lump sum strategy as newbie it looks like gambling, accumulating bitcoin aggressively has process and as time goes accumulating amount continues to increase. I can use myself as an example, accumulating and learning has to do with process and there's no point rushing things except you have a deadline to meet as an investor or else buying aggressively as a newbie needs care and caution, having the plan to invest  from 5_10 years still has to do with planning. Even having 100% to accumulate monthly still needs your knowledge so I think accumulating aggressive has to move with our knowledge acquired. Having the money to buy using the lump sum strategy as a newbie still doesn't change the fact but rather I will go with the dca strategy at first cause I still have a long way to go with accumulating bitcoin and as time goes I can increase.

Buying aggressively does not have any concern being a newbie or not, first of all it depends on our understanding about Bitcoin and it's accumulating system. A person who understands Bitcoin investment, be it a newbie or not as long their is basic knowledge about Bitcoin one can decide to buy aggressively and it still won't have any effect on his personal life. Everyone is optioned with strategies and initiates them in a way it suits their want, people also prefer combination of two or more strategies since the whole system is to hold enough Bitcoin as to make good profits.

Of course a newbie that quickly believed in bitcoin, due to his friend putting him through, or a newbie that has being messing around with shitcoins, finally realized that he is investing in garbage after a great loss. These two categories of newbies that I mentioned, can choose to invest in bitcoin aggressively, if they have the money. This is because they might feel that they have being wasting time since without taking advantage to invest in bitcoin, and feel that they need to accumulate as many bitcoin as possible to console them on their late entry into bitcoin investment.

As long as they are not overdoing it, and they have in place their emergency funds, reserved funds, and float. It will benefit them in the long run. Rather than waiting to understand bitcoin properly, and not investing aggressively when you have the opportunity to do so. If you see bitcoin price pumping up, you will be angry and want it to come down because you don't have the amount of bitcoin that you should have. Such people who didn't take the advantage to invest aggressively when they should have, will always want the dip to come when the see bitcoin price skyrocketing. In whatever level  that we use in accumulating bitcoin, will determine the size of our bitcoin portfolio in future.

[Roseline492]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

Of course is always an advantage for investors when the Bitcoin price drop because it gives an opportunity for people who wants to invest huge to come in, however in as much as is also good to buy Bitcoin when the price drop shouldn't cloud the judgement of most people who has less capital, to invest aggressively because with time it will surely way on them were they will be having different taught weather they will continue or not. So in terms of aggressive investment is totally depend on the individual portfolio, so if your Capital is not big enough you could actually continue the normal DCA while you can be able to manage yourself and other needs instead of putting or investing everything all in the name of taking advantage of Bitcoin price.

[adultcrypto]

With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

Actually I also don't think it's necessary to be analyzing the market as a long term investor, so to me the deep in price of Bitcoin is an opportunity for an aggressive buying,  regardless of the accumulating strategy you are utilizing, wether DCA method or lump sum, as long as your buying aggressively doesn't affect you in financing your basic needs, because I believe that Bitcoin investment is more rewarding to a long term holder, so it's pointless analysing the market, which to me is meant for traders, not investor like us that think long term only.

I don't think it's okay going at once buying using the lump sum strategy as newbie it looks like gambling, accumulating bitcoin aggressively has process and as time goes accumulating amount continues to increase.

I do not know how accumulating bitcoin correlate with gambling, those are two parallel statements that will never meet. The lump sum buying strategy is not a bad one for both newbies investors and experienced investors. If you must know, most newbies even started with the lump sum method of buying before they even learn about the DCA method that is a kind of systematic. I do not see anything wrong with the lump sum or the DCA method, provided the investor plans and perfectly aligned with holding for long and provisions are also made by the investor to protect the investment from compulsive selling.

Having the money to buy using the lump sum strategy as a newbie still doesn't change the fact but rather I will go with the dca strategy at first cause I still have a long way to go with accumulating bitcoin and as time goes I can increase.

I am being compelled to ask you if you bought your first ever bitcoin using the DCA method or the lump sum method? I have the feeling that the answer will be lump sum and this is the same with most of us when we started. It is now we have learnt the DCA method after we are already involved in bitcoin, therefore we have seen that it makes the buying process more systematic and organize and also give us the easy of decision making by eliminating most of the variables that make people procrastinate or miss opportunities. There is no doubt that the DCA method is great and so is other methods provided the plan is to hold for long term.

[Miles2006]

Having the money to buy using the lump sum strategy as a newbie still doesn't change the fact but rather I will go with the dca strategy at first cause I still have a long way to go with accumulating bitcoin and as time goes I can increase.

I am being compelled to ask you if you bought your first ever bitcoin using the DCA method or the lump sum method? I have the feeling that the answer will be lump sum and this is the same with most of us when we started. It is now we have learnt the DCA method after we are already involved in bitcoin, therefore we have seen that it makes the buying process more systematic and organize and also give us the easy of decision making by eliminating most of the variables that make people procrastinate or miss opportunities. There is no doubt that the DCA method is great and so is other methods provided the plan is to hold for long term.

Concerning your first question, I never knew about the dca strategy at first, I will not act like I bought my first bitcoin using a planning process but ever since I came to this space I had the knowledge of accumulating bitcoin using the dca strategy and how to plan my accumulation process likewise the lump sum strategy, I never knew about the lump sum so I never bought my first bitcoin in bulk , I never had any knowledge at first so from what I have learnt I can list out my plan with the dca strategy also I found out this strategy suits my income, I don't care if this strategy is the best or not but I use the dca strategy in my bitcoin accumulation. It seems you don't understand my point here and I think for anyone to accumulate aggressively it has to blend with the knowledge he/she has acquired and has to accumulate with care and caution.

[I_Anime]

I do not know how accumulating bitcoin correlate with gambling, those are two parallel statements that will never meet. The lump sum buying strategy is not a bad one for both newbies investors and experienced investors. If you must know, most newbies even started with the lump sum method of buying before they even learn about the DCA method that is a kind of systematic. I do not see anything wrong with the lump sum or the DCA method, provided the investor plans and perfectly aligned with holding for long and provisions are also made by the investor to protect the investment from compulsive selling.

you're right one using lump-summing to start his Bitcoin investment is also a nice start up. It would make one to have some nice quantities of Bitcoin,  But it depends on the price at that moment, because using all at once when the price is high won't be encouraging at all expecially when you are new in this space and with the mindset of making short-term without any proper plannings ( at that moment you are no longer investing but gambling) , such individual purchasing bitcoin with lump-summing when the price as surge (increase) . And after such individual as purchase Bitcoin during such time and then it began to dip , due to fact that the individual is just only there to make short-term profit, he or she may endup selling there's Bitcoin at loss because such individual are not long-term investors..

But as a long term investor who started his accumulation using Dca strategy to keep accumulating some Bitcoin for long-term holding, would have more chances to accumulate some large quantities of Bitcoin with lump-summing irrespective of his financial capability. Mostly when the price is low with his reserve funds. But in a scenario such user found he or her self using the lump-summing strategy when bitcoin price is high (as increased) and lateron began to dip massively, such user won't experience any fear that would lead to he or she selling at loss because their mindset as already being fixed for long-term investment In Bitcoin. All such individual would have to do is to keep accumulating using DCAing strategy.

[bitzizzix]

Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.

From all the time that has passed on Bitcoin, this should be enough accurate proof to fully believe in Bitcoin. So that current users no longer need to spend more time doing excessive analysis except only to increase their own knowledge, because after all, everyone who wants to hold Bitcoin and own it for the long term must of course be based on sufficient knowledge. So I also quite agree with what you say because someone who can immediately adopt the DCA strategy will be better than spending more time on analysis which will ultimately choose Bitcoin. Even if it is done, it will not be wrong for anyone who has the time to do it.

Of course, doing DCA for Bitcoin does not require knowledge in analyzing at the beginning, and beginners only need and understand the DCA strategy to choose the right time on a regular basis to make Bitcoin purchases according to their finances. And also according to ability after prioritizing important needs, in my opinion it is very simple. And the most important thing is to do it consistently for the long term, because if we do it in the long term then the results will not be in vain and are truly real.
There's no need to explain at length, because what I see are mostly the same words and not far from all of them. But their explanation is correct.

[ginsan]

you're right one using lump-summing to start his Bitcoin investment is also a nice start up. It would make one to have some nice quantities of Bitcoin,  But it depends on the price at that moment, because using all at once when the price is high won't be encouraging at all expecially when you are new in this space and with the mindset of making short-term without any proper plannings ( at that moment you are no longer investing but gambling) , such individual purchasing bitcoin with lump-summing when the price as surge (increase) . And after such individual as purchase Bitcoin during such time and then it began to dip , due to fact that the individual is just only there to make short-term profit, he or she may endup selling there's Bitcoin at loss because such individual are not long-term investors..

But as a long term investor who started his accumulation using Dca strategy to keep accumulating some Bitcoin for long-term holding, would have more chances to accumulate some large quantities of Bitcoin with lump-summing irrespective of his financial capability. Mostly when the price is low with his reserve funds. But in a scenario such user found he or her self using the lump-summing strategy when bitcoin price is high (as increased) and lateron began to dip massively, such user won't experience any fear that would lead to he or she selling at loss because their mindset as already being fixed for long-term investment In Bitcoin. All such individual would have to do is to keep accumulating using DCAing strategy.

In starting the initial steps of investment I think it is better to buy with the DCA strategy because it will make them better understand their approach to the investments they make. Beginner investors must be able to budget their money in several stages to adjust their investment journey to perfection in other words they can buy regularly rather than doing it with a lump sum.
Bitcoin has managed to record its highest price this month but in this case it does not reduce our intention to continue investing because the investment we are making is for the long term.

Apart from that, if you are able to move aggressively in each purchase, maybe it is better because you will reach the level of BTC holdings more quickly compared to initial planning. Strengthen your mentality better because it will enable you to face many obstacles in your investment journey in the long term.

[Moreno233]

I think anyone who is accumulating bitcoin for the long term should not concentrate more on the pumping of bitcoin, because you will be holding your bitcoin for at least 4–5 years. Your main focus should be on how you will consistently accumulate the quantity of bitcoin you want to hold within the time you set aside and also hold it until the year you want to sell it.

This is just the summary of the whole thing. Instead of the back and forth argument of which buying method is best and which is not, just accumulate Bitcoin, save it properly and give it time to grow. No one will care if you bought all your Bitcoin once or if you bought it in several stages, as long as you have a good stash of Bitcoin which you collected and preserved for the long run.

What I have come to understand is that when the investor have a target in terms of quantity of Bitcoin he is working towards having, it will better influence his buying pattern and how aggressive he will become. For instance, an investor who set target of 2BTC in five years mostly be more aggressive than another investor who have no target. I think setting targets in terms of the quantity of Bitcoin to achieve, should be highly encouraged.