Buy the DIP, and HODL!

[avp2306]

An investor should have his mind on a long term investment plan, before he venture into investing in bitcoin. He can achieve this by having a bitcoin target as his goal, so that this will keep him more focus and consistent on his bitcoin accumulation. Since he has that on his mind, he will not think of selling when he sees a little profit from the price of bitcoin, because he has not reached his bitcoin target.

But when an investor does not have a bitcoin target and he is just investing, he might be entice by the little profit that he has made in his bitcoin investment and forget that he has plans to go on a long term investment, and he will see the little profit as something big to him, which might make him sell his investment thinking that it will be easy for him to buy back, killing his long term investing goal. This is why we need to set a bitcoin target to help us achieve our long term goal, by hodling and accumulating bitcoin using DCA method, and also lump sum when we have the opportunity to buy at the dip.

this makes a lot of sense to me and I guess part of the issue I was having with relation to How long is actually long enough to term it Holding is based on the fact that I'm a new investor that doesn't have enough holding and so a little profit in the short term tend to trigger me to wanting to sell it off since there are pressing needs that sometimes makes me feel like if I take back my investment whenever a little profit tops it up, I could use it to solve certain issues and then buy again and Hodl.

But as we've continued to learn from this thread, it's becoming glaringly clear that the most profitable means of investment into bitcoin is a long-term investment and that the DCA strategy is a great toll to enabling enabling us accumulate more bitcoin at our convenience even when our financial strength isn't all that strong.

Before deciding to hold maybe you should set some timeline on when you want to sell your stored asset so that you have something plan to hold and you will not get dismantle if you see something bearish situation in the market since it could possibly bother you.

Holding will only have sense if you have invested to much on good knowledge towards the market movement and you have a lot of experience about bullish also bearish situation. Although some may start on whenever they want but they should gain from experience of other people if what strategy they want to use. DCA is perfect for them since its applicable or easy to learn by most of new people who want to invest on bitcoin.

[Spaceman1000$]

I don't really think that buying a fix amount of Bitcoin when talking about DCA is proper because to my own understanding, if you really want to buy through the DCA method, then you have to buy with a fix amount of money, weekly or monthly irrespective of the current price of Bitcoin, but if you want to buy a fix amount of Bitcoin, them you might  spend more or less depending on the current price of Bitcoin, but the major challenge with this strategy is that you will be forced to tamper with you emergency fund that would have been for your upkeep till month ending when you are expecting money from another source.

I just believe that the DCA method is design for us to buy in a comfortable manner, not in away that will make us to start doing opportunity cost just to meet up to the target of buying a fix amount of Bitcoin.

Basically as an investor, it is believed that you understand your capital flow and how to strategically place your investment.  Before you would want to buy Bitcoin using DCA Method, it believe that you have a capital base that you use to sustain your buying, wether small or big amount for the period you want to. Don't also forget that you're buying with a certain percent of your income with the hope of Holding for a very long time.

Emergency funds doesn't really come into play except for a situation whereby you don't have the financial base to continue with your investment pattern, that is why is always advice for you to know the period of time it will take for you to strategize your investment pattern based on the funds you have, so you wouldn't find yourself in an emergency situation, so opportunity cost don't have any role to play.

[ultrloa]

There could be several reasons why many hesitate to invest, but like you said above, investment is basically a choice.

You are pretty right most people are skeptical about Bitcoin investment probably due to speculation from friends and family or social media which make them have that negative inception in them and always make them think awkward about bitcoin. According to my research I was made do understand that why many people are afraid of investing in bitcoin is as follows:
1. Extreme volatility
2. Neither commodity, nor currency
 3. Don’t invest if you don’t understand
explanation

But however, this factors does not implies that one should not hold on to Bitcoin. Or invest on it. I see this factors listed above as a deceptive factor and a speculation due to misinformation and lack of Doing proper research. Lack of focus with negative mindset Leeds to misconception. Despite most of them are true, but we should always take advantage of the important part of it rather than sticking to the negative aspect. Everything that has advantage also has disadvantages but the advantages should not be underestimated. Just buy and hold is the way and nothing else.

Normal for people to hesitate especially when they don't know how to handle much the risk on their investment that's why usually they afraid to take the first step while market is calm and just be there when they are hype since they afraid not to grab when price is pumping then get FOMO. If they could just do a lot more research to understand those risk for sure they never think about hesitating once there's a opportunity coming up,
 
Also if they understand those risk which always there when it comes acquiring bitcoin for sure they can do good decisions on how they could handle some situation and just buy on the price they target without any further more doubts in mind.

[wmaurik]

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

[Odohu]

Sometimes many people fail to invest in bitcoin not necessarily that they don't have money to invest. Or that they need extra income to income to boost their investment chances. Some of these people are just looking for someone to act as a motivating factor for them before they can invest. Many people in here develop more interest in investing and hodling bitcoin because of their continuous visiting and reading of this thread, and seeing the knowledge that are being shared here and it motivated them. There could be several reasons why many hesitate to invest, but like you said above, investment is basically a choice.

Those are the people looking for who to blame in case anything go wrong with the investment. There are many with such character, they will never take responsibility for anything. In where I work, I still have some colleagues that still believe that Bitcoin will fail me. Funny enough, they are waiting for me to cry and regret investing in Bitcoin and always laugh at me when I ask them to invest in Bitcoin.

It is important to avoid anyone who have displayed some level of pessimism towards Bitcoin because investment requires some form of believe and trust, not forgetting the need to own up to the responsibilities.

Before deciding to hold maybe you should set some timeline on when you want to sell your stored asset so that you have something plan to hold and you will not get dismantle if you see something bearish situation in the market since it could possibly bother you.

I do not agree with you that setting the time to sell will help someone in holding especially when you want to hold for long term in accordance with our discussion here. Setting sell target means if the target is reach in two months the asset will be sold, I do not think this qualifies as the long term investment we are discussing here. I know that our plans and targets are different but when our mind is fixed on selling, we might tend to be agitated when the target price is not coming as quickly as we expect, this might be the beginning of a bigger problem.

Holding will only have sense if you have invested to much on good knowledge towards the market movement and you have a lot of experience about bullish also bearish situation.

It has been emphasized that it does not require huge amount of knowledge to be able to invest in Bitcoin even though completely knowledge is important and highly encouraged. To get started, you need just the basic knowledge thereafter you can build on your knowledge as you are building your portfolio.

[Popkon6]

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Investing in the DCA method means that the investment does not hold some assets for a short period of time, but definitely holds them for a long period of time. Investors try hard and invest monthly or weekly to grow their investment by accumulating assets over a long period of time. DCA method is the best method to accumulate assets. Anyone who invests in Bitcoin with the DCA method will surely succeed, most investors have been successful by accumulating wealth using this method.

[Ndabagi01]

An investor should have his mind on a long term investment plan, before he venture into investing in bitcoin. He can achieve this by having a bitcoin target as his goal, so that this will keep him more focus and consistent on his bitcoin accumulation. Since he has that on his mind, he will not think of selling when he sees a little profit from the price of bitcoin, because he has not reached his bitcoin target.

But when an investor does not have a bitcoin target and he is just investing, he might be entice by the little profit that he has made in his bitcoin investment and forget that he has plans to go on a long term investment, and he will see the little profit as something big to him, which might make him sell his investment thinking that it will be easy for him to buy back, killing his long term investing goal. This is why we need to set a bitcoin target to help us achieve our long term goal, by hodling and accumulating bitcoin using DCA method, and also lump sum when we have the opportunity to buy at the dip.

Starting a long-term investment in bitcoin necessitates a determination not to be swayed by market volatility, whether in your favour or against it. During this long-term holding, an unprepared person must be prepared so that the market's volatility does not influence their initial decision to keep bitcoin for the long term. During the holding process, they will experience more market downtrends than uptrends because uptrends typically occur during a bull run and last only a short period of time, whereas downtrends occur on a regular basis as a result of market changes, corrections, and global news affecting the bitcoin market.

this makes a lot of sense to me and I guess part of the issue I was having with relation to How long is actually long enough to term it Holding is based on the fact that I'm a new investor that doesn't have enough holding and so a little profit in the short term tend to trigger me to wanting to sell it off since there are pressing needs that sometimes makes me feel like if I take back my investment whenever a little profit tops it up, I could use it to solve certain issues and then buy again and Hodl.

Have you heard or come across the following statement: 1BTC=1BTC until you take a portion of it and spend it, after which it no longer is. Planning to make a long-term investment in bitcoin involves planning and how you spend your financial earnings. If you do not plan ahead of time, you will always return to this bitcoin investment to withdraw funds and resolve your financial problems. Long-term bitcoin investment does not require you to invest an exact percentage of your income every week, biweekly, or even monthly. Only save what you will not need in the long run and can sacrifice in order to keep it in bitcoin.

But as we've continued to learn from this thread, it's becoming glaringly clear that the most profitable means of investment into bitcoin is a long-term investment and that the DCA strategy is a great toll to enabling enabling us accumulate more bitcoin at our convenience even when our financial strength isn't all that strong.

What distinguishes DCA method of accumulating bitcoin from others is the fact that it can be used by any kind of person depending on your financial status. It bridges the gap between low income earner and the high income earners to all be investors of bitcoin. While DCAing, it won’t stop you from lump summing when the opportunity comes for you to do so.

[Wind_FURY]

My fellow plebs, there's no need to argue or debate on what's the best Bitcoin buying strategy. We simply need to know that if we want to HODL, it should be done with the best asset that will continue to exist for many cycles. If you want to invest in commodities - invest in Gold, if it's in stocks - choose the best companies, but in cryptocurrencies? HODL Bitcoin.

You wouldn't really blame people who talks alot about Bitcoin investment strategy, because in all investment you have listed above,either commodity, Gold, stock, companies or crypto currency. Bitcoin is still more advantageous over all. Bitcoin is limited in supply an has a huge market cap and market dominance which makes it to be more valuable than others. Let take for example Gold, gold Is a physical asset. Which is not limited in supply because people continue mining Gold almost everyday and  that will drastically reduce the value of gold or keep it stagnant. But bitcoin is limited in supply and hence it becomes preferable over Gold. because Bitcoin can be baught at ease online and can be sold at any given time compeard to gold which requires physical p2p. Looking at this graph you will see while Bitcoin is more preferable than Gold and why people talks about DCA and HODL all the time because the volatility is top notch and grow increasingly over time.


Though it might not be a new version, but want to graphically show you how Bitcoin is important and why you need to invest and hold for long.

Get the context. The point is not about being the best investment because of price movement or ROI, the point is being the best investment in a particular sector because the HODLer is assured that the investment will continue to exist for decades.

Plus ser, I'm not comparing Gold and Stocks with Bitcon, then saying that they're better than Bitcoin. In fact, I'm in the part of my journey that believes each has its pros and cons.

[Salahmu]

Sometimes many people fail to invest in bitcoin not necessarily that they don't have money to invest. Or that they need extra income to income to boost their investment chances. Some of these people are just looking for someone to act as a motivating factor for them before they can invest. Many people in here develop more interest in investing and hodling bitcoin because of their continuous visiting and reading of this thread, and seeing the knowledge that are being shared here and it motivated them. There could be several reasons why many hesitate to invest, but like you said above, investment is basically a choice.

Yeah you have a point but however reasoning it another perspective it looks somehow because an investors shouldn't dwell on motivation from others before investing on Bitcoin however is obvious that he has already loved to invest on Bitcoin because of the potential he saw on Bitcoin so what other motivation does he need again to satisfied his curiosity, however in times of investment I think is more advisable for people or someone to have passion on Bitcoin investment instead of being motivated by people because there is a big difference between having passion on investment and having interest on investment because of motivation you get from others because we know how volatile Bitcoin can be, perhaps if the person did not see what he had expected from Bitcoin on the process it could affect his investment mindset by deciding to change his mind on the investment but however if you are being drown to Bitcoin because of how passionate you are to Bitcoin you will see that your mindset will not focus on profit making but instead it will be channeled on accumulating and holding Bitcoin for a long term.

[I_Anime]

Sometimes many people fail to invest in bitcoin not necessarily that they don't have money to invest. Or that they need extra income to income to boost their investment chances. Some of these people are just looking for someone to act as a motivating factor for them before they can invest. Many people in here develop more interest in investing and hodling bitcoin because of their continuous visiting and reading of this thread, and seeing the knowledge that are being shared here and it motivated them. There could be several reasons why many hesitate to invest, but like you said above, investment is basically a choice

yeah investing is a choice you can't actually force anyone to invest but you could try convincing them by showing them the beauty of investing in bitcoin. But there are some people no matter how you try to motivate them they won't still give a shit, they would keep on procastinating. Someone having the financial capability to invest in bitcoin and still  didn't, no matter all the impacting about are great and profitable investing in bitcoin is. I would say "is the individual loss" because even though he or she decides not to invest in bitcoin it's still won't stop bitcoin from growing massively. So those who are opportune to know more about bitcoin should grab that opportunity and invest even if it's individual personal choice to invest but still investing in such wonderful project (BTC) is a right choice.

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

you know trading not just for short term profit is also for short term losses because we all know that In trading losses are inegligible, though alot of pro do earn good profit from it sometimes but still can't ignore the great risk attached to it. That is never advisable for those expecially newbies with half-size knowledge about trading to not engage in it, instead they should take their time to lear more or engage in long-term investment which is way better. Nothing like accumulating more bitcoin in your portfolio using all the cool method like DCAing. And seeing your portfolio grow massively though you may experience some decrease or increase in price due to volatility but most time it always end up with a massive greens. Due to your long-term investment it would be more profitable.

[Barikui1]

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Investing in the DCA method means that the investment does not hold some assets for a short period of time, but definitely holds them for a long period of time. Investors try hard and invest monthly or weekly to grow their investment by accumulating assets over a long period of time. DCA method is the best method to accumulate assets. Anyone who invests in Bitcoin with the DCA method will surely succeed, most investors have been successful by accumulating wealth using this method.

To me I feel like accumulating Bitcoin through the DCA method is less challenging if as an investors you really want to go that path, where the major challenge is, is how long can you hold, because patience alone can never be enough if you don't have another source of income and an emergency fund need to carry you all the way.

[Mr.suevie]

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Investing in the DCA method means that the investment does not hold some assets for a short period of time, but definitely holds them for a long period of time. Investors try hard and invest monthly or weekly to grow their investment by accumulating assets over a long period of time. DCA method is the best method to accumulate assets. Anyone who invests in Bitcoin with the DCA method will surely succeed, most investors have been successful by accumulating wealth using this method.

To me I feel like accumulating Bitcoin through the DCA method is less challenging if as an investors you really want to go that path, where the major challenge is, is how long can you hold, because patience alone can never be enough if you don't have another source of income and an emergency fund need to carry you all the way.

You are right but there are more to this than it meets the eyes because starting the DCA strategy isn't all, there are certain discipline one must possess inorder for this actualization of investing and HODLing the coins till the preferred time. Bitcoin investment seems simple in the eyes but alot of factor are still there to cover even after you have started the investment and one of the most important is having a strict discipline to stick to your plans because I believe even if a persons has where he earning from that covers his necessities, there are still sometimes that he makes wrong choices towards his investment that can ruin everything for him and also being patience is one of that too.

[JayJuanGee]

An investor should have his mind on a long term investment plan, before he venture into investing in bitcoin. He can achieve this by having a bitcoin target as his goal, so that this will keep him more focus and consistent on his bitcoin accumulation. Since he has that on his mind, he will not think of selling when he sees a little profit from the price of bitcoin, because he has not reached his bitcoin target.

But when an investor does not have a bitcoin target and he is just investing, he might be entice by the little profit that he has made in his bitcoin investment and forget that he has plans to go on a long term investment, and he will see the little profit as something big to him, which might make him sell his investment thinking that it will be easy for him to buy back, killing his long term investing goal. This is why we need to set a bitcoin target to help us achieve our long term goal, by hodling and accumulating bitcoin using DCA method, and also lump sum when we have the opportunity to buy at the dip.

this makes a lot of sense to me and I guess part of the issue I was having with relation to How long is actually long enough to term it Holding is based on the fact that I'm a new investor that doesn't have enough holding and so a little profit in the short term tend to trigger me to wanting to sell it off since there are pressing needs that sometimes makes me feel like if I take back my investment whenever a little profit tops it up, I could use it to solve certain issues and then buy again and Hodl.

Yes.. you are not even close to long term in your thinking about bitcoin and your lack of discipline to hold your bitcoin and continuing to buy on a regular and persistent basis without thinking about either the dollar value or the level of your profits if you happen to be in profits.

You should be trying to think 4-10 years or longer.. and maybe for you think in terms of at least a cycle and a half (that's 6 years) for any new investments that you are making into bitcoin.   And if you invest into bitcoin for 6 years, you would end up having some coins that had been bought in the earlier days of your bitcoin investment, so those ones should be more profitable than the ones that you bought later in your BTC investment, but if you had been continuously buying  in a DCA manner for 6 years, you still might not be ready to start to cash out any BTC, but you might be in a position to reassess where you are at and where you want to proceed from that point forward.

Maybe right now you should be trying to figure out what you want your timeline to be and perhaps don't invest as much.. because if you want or need the money for other things in the short term, then you should not be putting that money into bitcoin, so if you are putting money into bitcoin that you need or that you want in the short term, such as in the next 6 years, then that means that you are neither budgeting your money correctly and/or you are gambling with whatever money you have..

So for example, if you had been investing $100 per week into bitcoin, maybe you need to lower your amount to $50 per week or something even lower than that in order that you are not worried about whether it is going up, down or sideways.. .sure there is nothing wrong with monitoring it, but you should not be thinking about cashing it out.. that is the whole idea of long term.. remove yourself emotionally from your investment to such a level that you are mostly just focusing on buying and accumulating it in a proportion that is suitable to your budget, your situation and your psychology.. even though it sounds like you have a weak psychology and unable to defer gratification and perhaps an inclination to gamble..

In other words, you likely need to lower the amount that you are investing into BTC to such a low amount that you are not going to be tempted to take profits for the next 4-10 years or longer.  Each time you buy more, that new purchase should be presumed to be 4-10 years or longer before you are going to be planning to access it... and surely each of us should have our own number, and I am largely using the range of 4-10 years or longer in order to attempt to be inclusive to a lot of people to focus on a 4 year minimum but also to include the idea that 4 years is the minimum and most of us should be thinking longer than 4 years, but on personal levels we should have some ideas regarding where we want to be at certain points in the future in our lives, but since those times are in the future, we are not going to know with exactness in advance if we are going to actually reach our goals and if we are going to stay on track, so there will always be some need for wiggle room and a range and for readjusting to account for what happens along the way as we go..

But as we've continued to learn from this thread, it's becoming glaringly clear that the most profitable means of investment into bitcoin is a long-term investment and that the DCA strategy is a great toll to enabling enabling us accumulate more bitcoin at our convenience even when our financial strength isn't all that strong.

My own idea of accumulation is that guys should try to be as aggressive as they can without over doing it.. but at the same time, if you have other things that you want to buy, then you should probably keep cash available for those things...so that you don't have to think about your BTC for many years..maybe for you more than 10 years... but yeah you seem to not really understand bitcoin well enough in order to have conviction about it and in order to keep buying and to forget about selling.. you are too focused on dollars and in the belief that you want dollars... which there is nothing wrong with that, but many times (especially with something like bitcoin) you have to be able to build it and to let it ride and it could take a long time.. maybe even 20 years before it has compounded several times..

but then you should be able to measure your bitcoin portfolio building along the way and to adjust your strategy along the way too, even though you admit that currently you are not ready, willing and/or able to engage in building of your bitcoin holdings.. so maybe by nature you are a weak-handed kind of person... and you might not be ready for the big league of king daddy bitcoin, and you need to go fuck around with shitcoins for a while.... and maybe in the meantime, just figure out if there might be some small amount that you might be willing to put into bitcoin and forget about it.. and just continue to build your bitcoin without thinking about its cash value for the next 20 years.. can you even do that?  is such as thing even possible with you?  . and  by the way, the timeline does not even need to be very strict, if you already have self-discipline and you are able to structure what it is that you are trying to achieve so that you can meaningfully measure progress along the way and maybe learn about what it is that you are investing into so that you are no longer acting like such a pussy and unable to build and hold your bitcoin.

[Franctoshi]

Bitcoin investment seems simple in the eyes but alot of factor are still there to cover even after you have started the investment and one of the most important is having a strict discipline to stick to your plans because I believe even if a persons has where he earning from that covers his necessities, there are still sometimes that he makes wrong choices towards his investment that can ruin everything for him and also being patience is one of that too.

Another thing that leads to some investors into this kind of wrong choices is when people don't understand what they're investing in, basically what Bitcoin is all about, if you know your destination, like how to begin your investment by investing an amount that won't affect your financial strength should it happen that you lost the whole investment today, I do believe you won't easily get distracted by things that leads to someone into taking wrong decisions despite we might face challenges in such a way that we might be tempted to touch our investment portfolio.

[Samlucky O]

Get the context. The point is not about being the best investment because of price movement or ROI, the point is being the best investment in a particular sector because the HODLer is assured that the investment will continue to exist for decades.

I understand your thought and what you really mean, but I was just trying to be specific on the importance of Bitcoin over the other forms of investment. You know each time I hear people speak of Bitcoin, it sparks up my minds and want to talk and emphasis on it, for people to know the importance of Bitcoin. because I just feel like any discussion without Bitcoin is like I am not adding something to my Brian or not reminding my self of what I have chose over other investment. Not that I don't know that you just listed the other forms of investment but I was just trying to still let you know how important Bitcoin  investment is still important than the other investment.

Plus ser, I'm not comparing Gold and Stocks with Bitcon, then saying that they're better than Bitcoin. In fact, I'm in the part of my journey that believes each has its pros and cons.

We are on the same track and would love you to still maintain to the nation that Bitcoin investment is the best investment and DCA is the best strategy of investment if am not mistaken , I don't know about you. But holding for long is the slogan and that is what keeps the DIP and HODL family going for long. The DIP and HODL thread, is like an initiation process of making your conversant with the orientation of holding for long. and whenever you hear any matters arising from a different direction it make you feel like you have mised the track. Just hold and as the slogan may be, but put in practice. Because practice is more important than hearing everyday without doing.

When I started hearing about DCA or HODL, I didn't took it serious, but at a time goes on, i asked myself that if I spent my time everyday here in this forum hearing about Bitcoin investment without Puting it in practice, I will later have myself to be blamed. If I learn without investing in my wallet, what will be of me? That is.. I have totally wasted my time. So I picked the courage and started long time with the little I could afford. So am proud to be a holder! all thanks to JJG he is the father of al holders.

[Justbillywitt]

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Investing in the DCA method means that the investment does not hold some assets for a short period of time, but definitely holds them for a long period of time. Investors try hard and invest monthly or weekly to grow their investment by accumulating assets over a long period of time. DCA method is the best method to accumulate assets. Anyone who invests in Bitcoin with the DCA method will surely succeed, most investors have been successful by accumulating wealth using this method.

To me I feel like accumulating Bitcoin through the DCA method is less challenging if as an investors you really want to go that path, where the major challenge is, is how long can you hold, because patience alone can never be enough if you don't have another source of income and an emergency fund need to carry you all the way.

You are right but there are more to this than it meets the eyes because starting the DCA strategy isn't all, there are certain discipline one must possess inorder for this actualization of investing and HODLing the coins till the preferred time. Bitcoin investment seems simple in the eyes but alot of factor are still there to cover even after you have started the investment and one of the most important is having a strict discipline to stick to your plans because I believe even if a persons has where he earning from that covers his necessities, there are still sometimes that he makes wrong choices towards his investment that can ruin everything for him and also being patience is one of that too.

Job security has to be considered too when someone has finally decide to start his bitcoin investment journey. One has to be certain that your job has to be really secured, and not a kind of job that won't last long. Job security should not be underestimated because if you have chosen to invest through DCA make sure that your job or source of income isn't something that's going to be terminated on a short run.

[Ruttoshi]

If they could just do a lot more research to understand those risk for sure they never think about hesitating once there's a opportunity coming up,
 
Also if they understand those risk which always there when it comes acquiring bitcoin for sure they can do good decisions on how they could handle some situation and just buy on the price they target without any further more doubts in mind.

This is why newbies that wants to start investing in bitcoin. should have a long term goal, and should only use a little amount that he can afford to let go or will not be needing for a long period of time for regular DCA weekly or monthly. This will limit the risk and make him not to worry about hodling for long. If that investor along the line of his bitcoin journey have understand more about bitcoin and have strong faith on bitcoin, he can then increase the money that he was using for DCAing.

but then you should be able to measure your bitcoin portfolio building along the way and to adjust your strategy along the way too, even though you admit that currently you are not ready, willing and/or able to engage in building of your bitcoin holdings.. so maybe by nature you are a weak-handed kind of person... and you might not be ready for the big league of king daddy bitcoin, and you need to go fuck around with shitcoins for a while.... and maybe in the meantime, just figure out if there might be some small amount that you might be willing to put into bitcoin and forget about it.. and just continue to build your bitcoin without thinking about its cash value for the next 20 years.. can you even do that?

Anyone that cannot discipline himself and sacrifice for the future by not using the opportunity that bitcoins gives now to invest in a long term so that he can hodli, and build his bitcoin portfolio, will live to regret his mistakes in future, when they will see how bitcoin will transform a lot of people lives that was able to sacrifice and hodli till that time. Bitcoin investment is my first investment that I have ever had, this is because it is stress free and you don't need to have any papers or documents, or start moving from one place to the other. Yours is to just invest, grow your investment. and hodli for a very long time, and your profit will keep on generating more profit with timeline. Nobody will know that you have any investment, because it is a not a physical investment. I think it is the most unique amongst all investment, so it is worth investing into.

[Mayor of ogba]

Maybe you will be able to figure out how to sell BTC in order to accumulate more BTC, yet it seems to me that in your earliest  years of BTC accumulation you should not even try selling BTC to try to accumulate more, and you should merely be using various kinds of buy strategies including DCA, buying on dips and lump sum buying.  The more BTC you accumulate the more options that you have, and the more BTC you accumulate, you can attempt to assess the status of your own BTC holdings (including how much they are in profits - presuming that they are in profits) and also how much they are worth compared to other kinds of investments (which also may well including your various currency/cash holdings) that you have.

Yes ! One shouldn't sell BTC to buy more BTC, fine  it might seem like a strategy but not a good one because we are dealing with future event and you might end up losing out of your BTC  which is opposite of what you are expecting .
However, there are good strategies out there and it has been listed by JayJuanGee and  what fits  the analogy of accumulating more btc without selling  most is buying  the dips as you don't have worry about the sell limit , you should just keep on buying the sell

Anyone selling his accumulated bitcoin when the price of bitcoin is high to buy back more bitcoin at a low price is gambling with his bitcoin accumulation plan, and he or she could miss out on owing bitcoin. For instance, let's say Johnson bought 0.03 BTC for $1200 when the bitcoin price was $40,000 and sold it when the bitcoin price got to $45,000, and he made $150 in profit. For Johnson to buy that same amount he sold, he will have to wait for bitcoin to dip below $40k before he can buy, and if the price of bitcoin doesn't dip, he can't buy back above his sell price because he will be at a loss, and this could make him not own any bitcoin. If Johnson wants to buy back above his selling price because he thinks the bitcoin price will not dip, he will not be able to buy back the same amount of bitcoin he sold because he is buying back at a high price.

Buying the dip is not bad, as the thread conveys buying the dip and hodl. But if an investor mistakenly missed the dip, then waiting for the next dip is not a good strategy; instead, he should dca. If he continues to wait for the dip, there are two things involved: he may end up missing the dip at the end or successfully target the dip and buy. Still, there is a high tendency that one may miss the dip. I think these people, always waiting for the dip, are underestimating the power of dcaeing consistently; if not, I don't see any reason why they will prefer to wait when they can buy some percentage regularly and risk-free. The good thing is that a wise investor can dca some percentage, and whenever he has more from his income, he can keep some percentage for buying if it eventually dips. By so doing, he won't complain if he misses the dip because his crypto is doing great, as he acquired much through dca.

Why wait for the bitcoin dip? When there is a strategy that allows you to accumulate bitcoin with the DCA strategy and still buy the bitcoin dip, which is dividing your investment fund into two equal parts and using the first part to accumulate bitcoin at regular intervals with the DCA strategy and the second part to be used to buy the bitcoin dip anytime there is a dip.

[GbitG]

Holding is obviously not the same as investing using DCA methods, it's even better to compare holding to trading because that's where people normally make mistake from but comparing holding to the DCA methods of bitcoin accumulation is just same as saying that winning the world cup is just same as participating in the world cup tournament.

Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.

Hmm, that's true Mate! 
I agree with you that both are not parallel or common.
There are two different methods. I'll try to elobrate a little bit about DCA and trading/holding.
DCA is a crypto-tactical strategy that means Dollar Cost Averaging and is used to reduce the impact of price fluctuations as well as used to minimal the volatility of investors assets (portfolios).Besides that, there are also strategies like Lamp Sum, but the majority of crypto enthusiasts prefer DCA over Lamp Sum. So it means that DCA is the best strategy to use for portfolio diversification.

Trading and holding differ significantly from DCA. In Trading you need to learn the sentiment of the market. In the term of Technical analysis, after that, you can trade in it or hold it. So I mean, trading buddy needs a lot of effort. As it has to be seen from every perspective, it means technical analysis + fundamental analysis and specific time has to be given i.e., time entry has to be done when the market situation allows it. And if you lose, it cannot be recovered, despite the fact that in DCA, you have to put less effort into trading. That is, you have to consistently invest with less effort, and if you do lose, you can easily recover it on another diversification.

[Tmoonz]

Job security has to be considered too when someone has finally decide to start his bitcoin investment journey. One has to be certain that your job has to be really secured, and not a kind of job that won't last long. Job security should not be underestimated because if you have chosen to invest through DCA make sure that your job or source of income isn't something that's going to be terminated on a short run.

  yes one can actually loss his job, that is life full of uncertainty, but at most time it is advisable to have passive income streams which one  of it's enormous benefits is that it reduces the fear of job loss. It will become more easier for an individual to reach his financial goals when having a multiple streams of income by achieving them much quicker than if there was just one job, it helps in ensuring that you have a consistent and reliable source of income and at same time giving you that emotional rest needed to manage your asset properly.