Buy the DIP, and HODL!

[I_Anime]

The importance of emergency funds can not be overemphasize because it is very much important even in  our daily life that is why it is always advisable that we should have 3 to 6 months of our living expenses save as your emergency funds, and at the event of making use of it provisions should be made in order to replenish it as soon as possible and by so doing you have over come one of the factor that has lead so many into sell off their investment at when it is not  time to do so.

Sure, emergency funds play a vital role in our investment, but we all know that emergency funds doesn't comes free. That why someone that is interested in Bitcoin investment should have some sources and some good planning, though we may say one does not need more knowledge (just the basic)  to start investing, but as time goes on you will know that to secure a good and healthy investment requires good knowledge.  Like someone who use lump-sum strategy to buy bitcoin during the dip, without any proper plans. On how he can manage his funds mostly when is an average Man, always going all at once without having enough emergency funds or reserve funds , which will initiate a urge of always depending on his investment for survival due to poor planning, if such continues he may endup not able to lady long with his investing. That why as one is investing he or she should also focus in accumulating more knowledge as they accumulating bitcoin, in order to exercise good planning and this thread has been helpful. But one also need something like this 9 principle individual factors

[1714314010]

1714314010

[Richbased]

By the way, don't get me wrong, even though I suggest DCA as the best default system to get started in BTC investing, I also consider that it is not the best for anyone who is able to put together some combination of other systems that also might include DCA as a supplement or as a kind of hybrid DCA, so in that regard, I appreciate any front load lump summing and even front load DCAing, that also includes attempts to buy on dips during the weekly DCA, especially in the earliest stages of building a BTC portfolio, but surely if someone is brand new to investing and/or BTC, they likely are not even able to do any of those other fancy strategies, so they are likely going to be in a way better position to strictly DCA an amount of money that is reasonably doable for them,  and it likely would not even be beneficial to for them to be spending time on various other strategies if they might barely be able to just get some kind of system set up to buy BTC regularly and then they have a lot of other things going on in their lives, since maybe the brand new investor might need to try to figure out ways to increase his disposable income so that he is able to invest more into BTC, and yeah if someone is in college (or some low income earning situation) they might not even have much income, so they might have difficulties increasing their disposable income until they finish their college and/or vocational training... DCA might still work for a person like that, if they don't have much income, they just would be setting a small portion aside while they are doing their studies.

Maybe if they could manage their financial flows better, I don't think there would be an obstacle for them to miss a single purchase at each stage. Yes, I mean if they directly manage their money from the start, for example they have $20k and they have divided several stages of purchases every week or month up to a period of 1 year in their initial planning. But sometimes they don't set a strategy like that, instead they set aside their salary every month to buy BTC, even that's also a good choice.

Yes, even though it's like that, I think every target in the first year should not have any obstacles or go through several stages because that can make us not consistent in our one main target. However, what is certain is that everything may not be perfect, and of course we can fix any gaps we have missed at the next stage by increasing purchasing more aggressively.

There is actually no better way of managing one's inflow during investment other than proper planning and applying these strategies of having an urgent funds because as a beginner, it is important to note that investment involves determination and self discipline and it can only be achieved when the needful have been put in place so that is the only way to ensure that we keep our investments running rather than becoming so slow as a result of some unforseen circumstances that may occur along the line.

Definitely, at the start of an investment you don't expect everything to go as you planned because you sure gonna come through some huddles but those huddles would stand as a yardstick that will propel you during your time of investment. However, when you miss out at any interval during your investment processes it is always hard to cover up the previous lapses that's why an investor doesn't need to give room to any form of distractions during the time of investment.

[2Pizza410000BTC]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

[Neobanks]

-snip-

The aim of being prepared to allocate funds for Bitcoin investment is so that every investor can be comfortable enough in investing and not be like someone who is pressed for time because they have to keep thinking about their lack of capital. Apart from that, any ideas that each investor will use are also aimed at gaining profits that previously might not have been possible with just a small amount of capital. So this really needs to be understood very well for smooth investment and also for smooth accumulation of more Bitcoin when the price decline starts to occur.

Each investor has different budget sources, some only have a small amount, others have a large budget. It doesn't matter where the budget comes from, investment strategy must certainly be their priority. DCA allows you to have a budget to buy when prices correct, it will increase your investment portfolio instead of a lump sum.

The budget will of course affect how much return you will get when prices rise high, while the strategy will allow you to get a better return even if you have a low budget. Besides, not everyone has a stable budget, so there's no need to force yourself to be consistent as long as you can buy at another time.

It's true if you say that not everyone has a stable budget.
However, if someone has invested in DCA investment. it is appropriate to be able to meet the targets that have been previously determined. For example, if you want to invest in Bitcoin with a minimum capital of only $10 per week, you must be able to meet the minimum requirements to invest there. That's very low in my opinion and very easy to achieve even for people with small incomes. However, in the future he gets more money and the investment value can exceed the minimum amount, say an investment of $15, so it would be better because he has met the minimum limit for depositing and buying bitcoins. Of course, the ratio of reserve or emergency money has been calculated.

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

[JayJuanGee]

-snip-

The aim of being prepared to allocate funds for Bitcoin investment is so that every investor can be comfortable enough in investing and not be like someone who is pressed for time because they have to keep thinking about their lack of capital. Apart from that, any ideas that each investor will use are also aimed at gaining profits that previously might not have been possible with just a small amount of capital. So this really needs to be understood very well for smooth investment and also for smooth accumulation of more Bitcoin when the price decline starts to occur.

Each investor has different budget sources, some only have a small amount, others have a large budget. It doesn't matter where the budget comes from, investment strategy must certainly be their priority. DCA allows you to have a budget to buy when prices correct, it will increase your investment portfolio instead of a lump sum.

The budget will of course affect how much return you will get when prices rise high, while the strategy will allow you to get a better return even if you have a low budget. Besides, not everyone has a stable budget, so there's no need to force yourself to be consistent as long as you can buy at another time.

It's true if you say that not everyone has a stable budget.
However, if someone has invested in DCA investment. it is appropriate to be able to meet the targets that have been previously determined. For example, if you want to invest in Bitcoin with a minimum capital of only $10 per week, you must be able to meet the minimum requirements to invest there. That's very low in my opinion and very easy to achieve even for people with small incomes. However, in the future he gets more money and the investment value can exceed the minimum amount, say an investment of $15, so it would be better because he has met the minimum limit for depositing and buying bitcoins. Of course, the ratio of reserve or emergency money has been calculated.

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

Everyone has to figure these kinds of matters out for themselves, which is part of the reason that we are still early because a lot of folks are going to end up coming into bitcoin way later than they should have come in.. . and so yeah, one of the better things to do is just to get started with some small investment amount and to figure it out as they go.. otherwise, these kinds of newbies are going to continue to feel that they are late and they will still end up having to get started at a BTC price that is likely to be much higher than it is right now since the BTC price is likely to just keep going up, so these guys who are waiting and/or trying to overthink the matter (or refusing to take action and/or to get involved) are going to end up being worse off by their continuing to wait and continuing to conclude that they don't know enough about bitcoin.

[I_Anime]

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

depriving oneself from luxury lifestyles inorder to Stash more Bitcoin is a smart move, because if you start stashing more bitcoin now and HODL in a long run , would give you a life far more better than living a luxury lifestyles now. So bitcoin investment is all about work hard now and enjoy the fruits of your labour later.

While those that still having that thought of bitcoin being a Ponzi scheme would keep on missing such opportunities, because they don't wanna learn , that's how alot of individuals back then may have also have same mindset thinking bitcoin is a Ponzi scheme and would crash soon when it value was still around $1k , but through those years bitcoin kept proving them wrong and now Bitcoin just recently hit a new ATH (which Is around $73k ) not quite long. You can see the tremendous growth and we believe bitcoin would still keep on proving them wrong , when it keep going up.

 Edited:

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

this recent dump as you say it ,  might be the last dumping or might not be the last dump before tha bullrun know can tell, but all we are sure of is that their going to be a massive surge in market soon (bull run ) might either take place this year or next year, we still can't tell. That we don't have to wait till then before we start accumulating more expecially the no coiners and low coiners. Bitcoin undergo a certain correction recently (causing some drop in price) , so those that haven't started accumulating yet. Now is still good time to start we are still early.

[arjunmujay]

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

Therefore, we as those who have knowledge about Bitcoin and how it works can provide understanding for them. at least how to invest in bitcoin. for the initial stage, for example how to buy and store bitcoin on an exchange. then if they follow and want to make longer and bigger investments, then we will guide them to have their own wallet and start storing it there. because exchanges are actually only for buying and selling, not for long-term asset storage.

Everyone has to figure these kinds of matters out for themselves, which is part of the reason that we are still early because a lot of folks are going to end up coming into bitcoin way later than they should have come in.. . and so yeah, one of the better things to do is just to get started with some small investment amount and to figure it out as they go.. otherwise, these kinds of newbies are going to continue to feel that they are late and they will still end up having to get started at a BTC price that is likely to be much higher than it is right now since the BTC price is likely to just keep going up, so these guys who are waiting and/or trying to overthink the matter (or refusing to take action and/or to get involved) are going to end up being worse off by their continuing to wait and continuing to conclude that they don't know enough about bitcoin.

This is because the level of literacy and trust of ordinary people in Bitcoin is still low. and when they find out about Bitcoin, they think that it is very expensive to buy Bitcoin at that price. Moreover, they really don't understand the concept of DCA.
if some of them are people who have played in the stock market, maybe it would be nice to just divert a little of the assets they hold into BTC.

[arjunmujay]

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

depriving oneself from luxury lifestyles inorder to Stash more Bitcoin is a smart move, because if you start stashing more bitcoin now and HODL in a long run , would give you a life far more better than living a luxury lifestyles now. So bitcoin investment is all about work hard now and enjoy the fruits of your labour later.

While those that still having that thought of bitcoin being a Ponzi scheme would keep on missing such opportunities, because they don't wanna learn , that's how alot of individuals back then may have also have same mindset thinking bitcoin is a Ponzi scheme and would crash soon when it value was still around $1k , but through those years bitcoin kept proving them wrong and now Bitcoin just recently hit a new ATH (which Is around $73k ) not quite long. You can see the tremendous growth and we believe bitcoin would still keep on proving them wrong , when it keep going up.

Ponzi schemes usually don't last too long. So that can be a benchmark to offer to people who still think Bitcoin is an investment that uses a Ponzi scheme.
as you said we can provide real evidence of the price of bitcoin when it was still $1K until now. or if necessary, you can use data from the first halving to the last halving next month. how does the price of bitcoin increase from each halving or from year to year. of course they will see clearly that this is real and not a ponzi scheme as they say.

[AirtelBuzz]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Yes the market is correcting now but Bitcoin price has been fluctuating continuously for days. Even if the price of Bitcoin falls, it will not affect the investment in the DCA method, because in the DCA method, Bitcoin can be purchased at any time at any price. However, when the price of Bitcoin falls, one advantage for those who invest in the DCA method is that they can buy slightly more Bitcoin with the same amount of money. However, this may be an opportunity for those who want to start investing when the price of Bitcoin falls.

[Gallar]

Investing in DCA method is a method of maximum savings, it is proven that the person who invests in this method has achieved great success. Because if the price of Bitcoin increases even if he invests regularly, the method controls the average price ratio. And while the price of Bitcoin is low, the average price controls two. So in whatever way you think this DCA method is the best, the more long-term Bitcoin holders there are, the more nearly everyone has had success using this method.

The DCA technique is indeed the simplest technique to apply in an investment (Bitcoin/Stocks). Because the DCA method basically makes it easier for us as investors to invest in bitcoin or other assets so that we are not too confused about determining at what price we will buy.
Therefore, DCA is very suitable for use in bitcoin investments over a very long period of time. Because buying bitcoin regularly at any price will generate profits in the future.

Apart from that, the DCA method will also be very suitable for beginner investors in bitcoin. Because as I discussed above, by using DCA we no longer need to be confused about the price of bitcoin when we want to invest. So basically those who have basic knowledge in investing will be very safe if they use the DCA method in their bitcoin investments.

However, in my personal opinion, the biggest challenge in using the DCA method lies in time. Because if we invest in bitcoin using the DCA method, it is certain that within 1-3 years we will not really feel any significant impact or results. For this reason, if someone wants to use the DCA method in investing in Bitcoin, don't forget to prepare very cold capital, a strong mentality, and patience which must also be strong. And most importantly, don't forget that from the start must have a definite goal (starting point, how much money you will invest in Bitcoin every week/month, and also the end point or target you want to achieve). If all of these things have been carried out well, I am sure Bitcoin investment using DCA will run more smoothly.

[Barikui1]

Investment requires  determination  and dedication because to have efficient investment you must sacrifice many things and deprive yourself from some luxury lifestyles which many people cannot persever. The major problem some people are having in Bitcoin investment is not just capital but the adequate knowledge of the process and how the system work.
Bitcoin is a digital currency which most of the investors does not have control over the system, so most people that doesn't have the adequate knowledge of it and the orientation are still afraid to make a huge investment in Bitcoin believing it to be a Ponzi scheme that has the tendency of crashing any day  thereby making people to loose their hard earn money.

depriving oneself from luxury lifestyles inorder to Stash more Bitcoin is a smart move, because if you start stashing more bitcoin now and HODL in a long run , would give you a life far more better than living a luxury lifestyles now. So bitcoin investment is all about work hard now and enjoy the fruits of your labour later.

While those that still having that thought of bitcoin being a Ponzi scheme would keep on missing such opportunities, because they don't wanna learn , that's how alot of individuals back then may have also have same mindset thinking bitcoin is a Ponzi scheme and would crash soon when it value was still around $1k , but through those years bitcoin kept proving them wrong and now Bitcoin just recently hit a new ATH (which Is around $73k ) not quite long. You can see the tremendous growth and we believe bitcoin would still keep on proving them wrong , when it keep going up.

Ponzi schemes usually don't last too long. So that can be a benchmark to offer to people who still think Bitcoin is an investment that uses a Ponzi scheme.
as you said we can provide real evidence of the price of bitcoin when it was still $1K until now. or if necessary, you can use data from the first halving to the last halving next month. how does the price of bitcoin increase from each halving or from year to year. of course they will see clearly that this is real and not a ponzi scheme as they say.

I really don't think that is necessary by going the extra miles in explanation and even providing data to back up your claim that Bitcoin is not a Ponzi scheme, I don't think it's necessary, to me it's only people that are misinformed or uninformed that will take Bitcoin as a Ponzi scheme in today's world that technology and civilization have practically taken over everything,  so to me, anyone that fail to see the light, let him be, don't try to over talk someone into Bitcoin investment, so you wouldn't be seen as a fraudster.

[cxtreenal]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Yes the market is correcting now but Bitcoin price has been fluctuating continuously for days. Even if the price of Bitcoin falls, it will not affect the investment in the DCA method, because in the DCA method, Bitcoin can be purchased at any time at any price. However, when the price of Bitcoin falls, one advantage for those who invest in the DCA method is that they can buy slightly more Bitcoin with the same amount of money. However, this may be an opportunity for those who want to start investing when the price of Bitcoin falls.

Don't worry you need to hold BTC, in this case it is better to increase the amount of DCA. This gives you both the benefits of holding as well as reducing the average cost. You just need to monitor the market situation with an unbiased time horizon.If you think that the price of BTC is relatively low, then if you have a dollar, you can buy it in lump sum. In fact, if you want to do business, you have to consider many aspects and then you will be successful.

[Churchillvv]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Perhaps someone has elaborated about this but I'm not satisfied with his statements, hence I will have to buttress or initiate some points.

In as much as Bitcoin price has been fluctuating for days now and perhaps we could call it a price correction. as you said it's an opportunity to grab more stash of Bitcoin but I would consider such statement as a short sighted one or probably a short term investment, which you have to buy as a result of fomo. But if genuinely you want to keep investing in Bitcoin then the little dips we saw was a mere advantage to hold more stash of Bitcoin, it could serve as a discount to any one buying to hold.

But obviously for people who aren't interested in a short sight Investment wouldn't be bothered woth the dips or fomo to grab more stash because they have the DCA method of investment that allows them to buy Bitcoin at any give time.

Referring to those waiting for Bitcoin price to fall before they invest, are there still people like that? after all the time spent here? well if there are people waiting to purchase Bitcoin when the price falls then I think they are not in a long term investment, they are only driven by the profit Bitcoin will give them within the bull run.

[Winterfrost]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Yes the market is correcting now but Bitcoin price has been fluctuating continuously for days. Even if the price of Bitcoin falls, it will not affect the investment in the DCA method, because in the DCA method, Bitcoin can be purchased at any time at any price. However, when the price of Bitcoin falls, one advantage for those who invest in the DCA method is that they can buy slightly more Bitcoin with the same amount of money. However, this may be an opportunity for those who want to start investing when the price of Bitcoin falls.

should you be concerned about the recent fluctuation? Just what happened in the last two months when Bitcoin went from the range of $30k to $70k should have thought us a reasonable lesson that as long as we're investing for the long term, fluctuation or downward volatility isn't something to be bothered about. It's only to our advantage that we can buy at a lower price and probably increase our starch during those moment but our attention shouldn't always be on the fact that Bitcoin is rising or dumping or whatever. It's only procrastinators that are mostly looking at the trend to see excuses that will back up their inability to start starching up Bitcoin or to be consistent in the DCA methord.

One way we can also use the dump to our advantage is to set out a particular fund aside the one we are using for our DCA methord that would be used to starch up more during the bearish season. So in general it should be that while you're setting and applying the best strategy that will help you accumulate more Bitcoin you also ensure your source of income is in it best form and is probably increasing. If you're productive at your workplace and gets additional profit that's above your regular earning, you can set some aside for lump sum purchase during the bearish season which will go a long way to increase th amount of Bitcoin you have in your portfolio.

Remember that how much profit you expect to have in your investment is dependent on the quantity of your starched Bitcoin and so you've got to put in all the available factors that will accelerate the quantity of your starch.

[Tmoonz]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

In as much as Bitcoin price has been fluctuating for days now and perhaps we could call it a price correction. as you said it's an opportunity to grab more stash of Bitcoin but I would consider such statement as a short sighted one or probably a short term investment, which you have to buy as a result of fomo.

I disagree with this statement of yours @churchillvv it is am obvious fact that any one in his continuous dca strategy will tend to acquire more Bitcoin when there is dip which you may decide to increase the amount of your dca or probably buy aggressively or  wholesomely on seeing a certain range of dip of which this where already factored out in your plans and is not going to affect the other aspects of your life or investment plan, for me there is no point seeing it as being short sighted or buying out of fomo just as you have said.

The only thing is that it is wrong waiting for the dip before entering the market but you can be in the market with your dca strategy and make more purchases or buy wholesomely when you see a certain range of dip considering your financial ability and investment plans.

[Dailyscript]

The market is diving lower and the opportunity for human capital has been created. Those who were waiting for the dumping market, the dumping market is here, now you can invest from the dumping market. I increased the investment using the DCA method and waited for the dumping market to invest by buying more bitcoins, currently in the dumping market I made myself invested if the market dumped a little more I would buy bitcoins and hold it. Maybe this is the last dumping before the bull market so no one should miss this dumping market to invest.

Perhaps someone has elaborated about this but I'm not satisfied with his statements, hence I will have to buttress or initiate some points.

In as much as Bitcoin price has been fluctuating for days now and perhaps we could call it a price correction. as you said it's an opportunity to grab more stash of Bitcoin but I would consider such statement as a short sighted one or probably a short term investment, which you have to buy as a result of fomo. But if genuinely you want to keep investing in Bitcoin then the little dips we saw was a mere advantage to hold more stash of Bitcoin, it could serve as a discount to any one buying to hold.

But obviously for people who aren't interested in a short sight Investment wouldn't be bothered woth the dips or fomo to grab more stash because they have the DCA method of investment that allows them to buy Bitcoin at any give time.

Referring to those waiting for Bitcoin price to fall before they invest, are there still people like that? after all the time spent here? well if there are people waiting to purchase Bitcoin when the price falls then I think they are not in a long term investment, they are only driven by the profit Bitcoin will give them within the bull run.

I smell regret for those who will not buy now. Bitcoin is trying to give those who have been reluctant more and more opportunity to bag more they have now if there is money. For me this is point in the market i aggressively buy in as much i am still dcaing. The whole point of the dca is to ignore the market price. Truly we should just continue dcaing no one knows if this is a top or bottom or just like what everyone is saying that the market is correcting itself. That is bullshit, correcting or no correcting we should buy it doesnt stop us from buying.

It would have made more sense to stop buying if we know when the price will go down but unfortunately no one knows what will happen in the market. But there is something certain in the market, once bitcoin exceeds some level in the market it never hoes down to that price ever again. Keep buying till 2024 is over.

[MusaPk]

.....One must have a plan where he must gather bitcoins before he start thinking to sell some of his holdings. How many Bitcoins are sufficent is a subjective question. So some people 100 Bitcoins are low while for many getting even 1 bitcoin is difficult.

I would suggest that how many BTC is not completely subjective  - even though it is based on the setting of subjective goals... So if someone might tell you what his goals are, then you would likely be able to determine a quantity of BTC that would likely satisfy the goal.

So for example, if a guy tells you that in 10 years, he would like to be able to have a monthly income of $5k without having to do any work - beyond just keeping track of his various accounts...   Then at that point you have some ideas of an approximate number of coins that the guy might need to work towards getting, and I would say that if he works towards getting close to 5 BTC for the middle of 2034, then that would likely be more than enough to meet his goals... and perhaps even 3-4 BTC might be enough... yet we cannot really know, so then he should work towards getting to 5 BTC within the next 10 years.. which may or may not be doable for all people, and if it is not doable.

Then if he changes his goal to the same kind of idea of cashflow, but with a back up target for 15 years, then I would suggest that by mid-2039, then he is likely ONLY going to need around 2.5 BTC by mid-2039 in order to reach that same objective of having a monthly income of right around $5k.. so then he has something that he believes that he might be able to reach, and if he speculates that inflation might eat away the targets, then surely maybe he could try to shoot for more BTC and to have some cushion in his goals, and so we can largely ONLY attempt to give some directional guidelines that might need to be adjusted with the passage of time...yet I would still suggest that aggressive accumulation of bitcoin should be part of the formula, and the details can be tweaked at various points along the way.

$5K is a huge amount for people living in country like mine i.e. Pakistan. Those who are in developed country like Europe or USA can have the luxury of having such high income per month but only few one here can have that much high income. Here average salary per month is 300$. So defiantly I can't go with this plan.
But having less income doesn't mean that people like me have no place in Bitcoin. The beauty of Bitcoin is that it's open for everyone. There are billions of people in the world who are not in banking system due to various reasons and Bitcoin allows all such people to have there bank account where they have complete control over there money.  
Having said that I do agree that the person having $5k income per month can have 5 BTC in next 10 years. One thing I should add is that we dont know what Bitcoin price will be in coming months. What we have seen so far is that there are dip's after every ATH. In Nov 2021 we saw an ATH of around $67K but then few months later we saw Bitcoin going down below $20k. So if someone is accumulating Bitcoins by investing $5k monthly into Bitcoin then he might end up getting more then 5 Bitcoins after 10 years if Bitcoin keep taking big dips.  

[Sim_card]

-snip-

The aim of being prepared to allocate funds for Bitcoin investment is so that every investor can be comfortable enough in investing and not be like someone who is pressed for time because they have to keep thinking about their lack of capital. Apart from that, any ideas that each investor will use are also aimed at gaining profits that previously might not have been possible with just a small amount of capital. So this really needs to be understood very well for smooth investment and also for smooth accumulation of more Bitcoin when the price decline starts to occur.

Each investor has different budget sources, some only have a small amount, others have a large budget. It doesn't matter where the budget comes from, investment strategy must certainly be their priority. DCA allows you to have a budget to buy when prices correct, it will increase your investment portfolio instead of a lump sum.

The budget will of course affect how much return you will get when prices rise high, while the strategy will allow you to get a better return even if you have a low budget. Besides, not everyone has a stable budget, so there's no need to force yourself to be consistent as long as you can buy at another time.

But if you are not consistent in you DCA method you not making good use of the strategy and you won't see much impact in your holding. One thing that makes the DCA method interesting is your ability to consistently do it within the specified period you have set for yourself. When you are not consistent in buying either weekly or monthly it like it's not DCA method you are following. It has now turned to lump sum or other methods and when you are not effectively following the DCA method, you don't expect to get the benefits that comes with the method. No matter how small the budget is DCA method, consistency is what matters, before you know it you have accumulated enough.

just so we don't sound like robots and mere perfect people, The DCA method is obviously good and being consistent with your strategy will get you to your goal within the fastest possible time but let's not forget the reality that as human, there might be weeks or month issues can come up and maybe you might miss out on your accumulation routine for the month. As long as it's an unavoidable situation, you've got to be realistic enough and fix your issues and continue with your accumulation routine. The DCA strategy is not to enslave you to your investment and close you out of life reality. You've got to strike a balance between your investment and your real life issues.

 Also, the assumption that the DCA methord is the best isn't all that correct. The decision to buy using the DCA methord or to do lump sum starch is totally based on your financial strength. as long as the methord you're using is working well for you and will help you meet your goal within the shortest possible time, that's the best strategy for you but that's not to suggest that it's better than buying in lump or that its more profitable than bulk buying. Buying in bulk during the bearish season could put you in a better profit and would normally save you from whatever issue that might spring up with time by using the DCA methord.
Just stick to what works best for you based on your financial prowess.

I agree with everything you said Winterfrost, and so it can be difficult to suggest that someone is doing it wrong because he employs some slightly different method of accumulating BTC, and so within the three methods of DCA, lump sum investing and buying on dips, they each have their place, yet they are also coupled by various uncertainties.  A person who has no savings and no other investments would not be in a position to lump sum invest.. so that guy would ONLY be able to DCA and/or buy on dips.  There is also nothing wrong with attempting to strategies your buys, which might also include waiting, but waiting does not make as much sense for someone who does not already have some BTC, so then we get into situations in which the amount of BTC that a guy has already accumulated and at what prices could also affect if he is in a position to wait or if he should just be buying regularly.

I am not opposed to your idea of a guy skipping DCA because he has to roll with his life circumstances, yet if someone plans ahead and he gets his shit in order, then he would also be in a position to prioritize his DCA so that his life circumstances would not cause him to stop his DCA.. now that is assuming that DCA is a good thing for him to do based on his own stack size and his building of his stack size.  Some of the better ways to make sure that you don't miss DCA (if that is a priority for you) is to make sure that your emergency fund and your reserves are in a good position, and you also have good systems in place in terms of managing your cash float... and yeah, sure life circumstances could get so unexpectedly bad that a DCA would have to be stopped, but it would not necessarily be the first thing that is stopped, so there might need to be a exhaustion of other funds prior to discontinuing the DCA (depending on if the DCA is a priority for that particular person).. ..

Again, with all of this that I am outlining, just like you seem to suggest Winterfrost, each person is in charge of his own circumstances, priorities and figuring out how many funds that he has available and whether he is in a position to employ certain strategies that he authorizes himself to do and can discontinue or change those circumstances at any time, including that he can tell himself that no matter what, every week he is going to buy $10 of BTC and he could structure the other parts of his life around that so that no matter what he buys $10 of BTC, even if he might be having other negative financial issues that he is having to deal with.

By the way, don't get me wrong, even though I suggest DCA as the best default system to get started in BTC investing, I also consider that it is not the best for anyone who is able to put together some combination of other systems that also might include DCA as a supplement or as a kind of hybrid DCA, so in that regard, I appreciate any front load lump summing and even front load DCAing, that also includes attempts to buy on dips during the weekly DCA, especially in the earliest stages of building a BTC portfolio, but surely if someone is brand new to investing and/or BTC, they likely are not even able to do any of those other fancy strategies, so they are likely going to be in a way better position to strictly DCA an amount of money that is reasonably doable for them,  and it likely would not even be beneficial to for them to be spending time on various other strategies if they might barely be able to just get some kind of system set up to buy BTC regularly and then they have a lot of other things going on in their lives, since maybe the brand new investor might need to try to figure out ways to increase his disposable income so that he is able to invest more into BTC, and yeah if someone is in college (or some low income earning situation) they might not even have much income, so they might have difficulties increasing their disposable income until they finish their college and/or vocational training... DCA might still work for a person like that, if they don't have much income, they just would be setting a small portion aside while they are doing their studies.

Everything that you said is correct @JJG. If an investor has decided that no matter the ugly situation that plays out during his early stage of accumulation, that he will steadily carry out his DCA purchase weekly, it is possible that he will not skip any week. It all depends on how the investor takes that plan serious and his determination to make it work out. I could remember when I just started my bitcoin journey from here, I said I will always make sure my weekly DCA is not skipped for any reason. I have an account where my emergency funds is, and I don't have much idea on reserve funds, but I can always get funds from one or two places, should incase I want to entertain myself or just go on a vacation without touching my emergency funds.

Unlucky for me one day my emergency funds account got hacked, and all my funds was stolen. Although it was all my fault due to a mistake that I made which made my that account vulnerable to the hackers. I was not happy, but I continued DCAing weekly as usual, and I was building an emergency funds all over again praying for an emergency not to occur that will affect me financially. A neighbor of mine died, and he does not have a family that any of us know about, and he needs to be buried. Nobody was able to come up with a reasonable amount of money, and this person was somehow social with people. So I had to take care of major responsibility after when I saw that, nobody is serious on how to raise funds. I don't also have any funds on me, and I had to seek for funds from a good friend of mine in my working place, and I was able to take care of the deceased bills and he was buried. All these didn't make me skip my DCA because I had to use the front load strategy for one month before I got paid

The point is that when you have determined to use DCA to grow your bitcoin investment portfolio persistently and constantly, you will always what to think of how to have different ways to raise funds, so that no matter what circumstances that play out along the line, you will be able to handle it without skipping any week, because you know that skipping a week means you have extended the time that you would use to reach your bitcoin target. One annoying thing about when you miss a week is that bitcoin price might be cheap at that time that you missed.

However, if a beginner was unable to handle the situation on ground due to his low financial strength at that moment, he can skip a week, and when he is buoyant enough later, he can buy back that week that he skipped. What I mean is that if for instance the investor had a challenge that made him skip week 6, and on week 10, he had extra money that he can use to buy twice his weekly size, he should buy to replace the midst week. This is because our income sometimes varies from month to month.

[Rabata]

.....One must have a plan where he must gather bitcoins before he start thinking to sell some of his holdings. How many Bitcoins are sufficent is a subjective question. So some people 100 Bitcoins are low while for many getting even 1 bitcoin is difficult.

I would suggest that how many BTC is not completely subjective  - even though it is based on the setting of subjective goals... So if someone might tell you what his goals are, then you would likely be able to determine a quantity of BTC that would likely satisfy the goal.

So for example, if a guy tells you that in 10 years, he would like to be able to have a monthly income of $5k without having to do any work - beyond just keeping track of his various accounts...   Then at that point you have some ideas of an approximate number of coins that the guy might need to work towards getting, and I would say that if he works towards getting close to 5 BTC for the middle of 2034, then that would likely be more than enough to meet his goals... and perhaps even 3-4 BTC might be enough... yet we cannot really know, so then he should work towards getting to 5 BTC within the next 10 years.. which may or may not be doable for all people, and if it is not doable.

Then if he changes his goal to the same kind of idea of cashflow, but with a back up target for 15 years, then I would suggest that by mid-2039, then he is likely ONLY going to need around 2.5 BTC by mid-2039 in order to reach that same objective of having a monthly income of right around $5k.. so then he has something that he believes that he might be able to reach, and if he speculates that inflation might eat away the targets, then surely maybe he could try to shoot for more BTC and to have some cushion in his goals, and so we can largely ONLY attempt to give some directional guidelines that might need to be adjusted with the passage of time...yet I would still suggest that aggressive accumulation of bitcoin should be part of the formula, and the details can be tweaked at various points along the way.

$5K is a huge amount for people living in country like mine i.e. Pakistan. Those who are in developed country like Europe or USA can have the luxury of having such high income per month but only few one here can have that much high income. Here average salary per month is 300$. So defiantly I can't go with this plan.
But having less income doesn't mean that people like me have no place in Bitcoin. The beauty of Bitcoin is that it's open for everyone. There are billions of people in the world who are not in banking system due to various reasons and Bitcoin allows all such people to have there bank account where they have complete control over there money.  
Having said that I do agree that the person having $5k income per month can have 5 BTC in next 10 years. One thing I should add is that we dont know what Bitcoin price will be in coming months. What we have seen so far is that there are dip's after every ATH. In Nov 2021 we saw an ATH of around $67K but then few months later we saw Bitcoin going down below $20k. So if someone is accumulating Bitcoins by investing $5k monthly into Bitcoin then he might end up getting more then 5 Bitcoins after 10 years if Bitcoin keep taking big dips.  

Even a rich man cannot own bitcoins if he doesn't have the power to hold bitcoins. On the other hand, relatively low-income people also gain the ability to hold Bitcoins. Here the importance of having a good understanding about Bitcoin is immense. Also, it is easy to invest in Bitcoin for those who have financial ability. Investors who regularly follow DCA will be able to realise their desired goals as the Bitcoin price rises. No one who has been a Bitcoin investor so far is harmed if they are able to hold their Bitcoins. Holders of Bitcoins can certainly get the ATH of Bitcoin as well as the DIP. But finding the Bitcoin Deep is truly a matter of luck for many. To be a Bitcoin holder it's not how much investment he has, I think it's how much he believes in Bitcoin that is the matter.

[cocadalcan]

I smell regret for those who will not buy now. Bitcoin is trying to give those who have been reluctant more and more opportunity to bag more they have now if there is money. For me this is point in the market i aggressively buy in as much i am still dcaing. The whole point of the dca is to ignore the market price. Truly we should just continue dcaing no one knows if this is a top or bottom or just like what everyone is saying that the market is correcting itself. That is bullshit, correcting or no correcting we should buy it doesnt stop us from buying.

It would have made more sense to stop buying if we know when the price will go down but unfortunately no one knows what will happen in the market. But there is something certain in the market, once bitcoin exceeds some level in the market it never hoes down to that price ever again. Keep buying till 2024 is over.

In my opinion, those who are still sitting on DIP to buy. ...now is the time for them, I had some doubts about DIP but now my attitude has changed.
Suppose after 3 months if the price of BTC is 80k or 100k, then if we consider the price at that time, now its price is in DIP. This is simple calculation. yes those who don't buy BTC now will regret it in the future as it seems to be at rock bottom right now.