Buy the DIP, and HODL!

[Essential10]

-snip-
The point is that DCA must not be applied by individuals with regular incomes, even those with incomes that are not regular can apply the DCA method.

That's right, I agree with that method. To start DCA it is not necessary to have a fixed income - if someone has an income only once in a while, if he is good at managing his finances, he can set aside a part of his income to be able to carry out DCA for some time. Even though this is quite difficult for some people, if the person is consistent and able to manage their finances well, it shouldn't be a problem for them.

Investing in DCA method will make our investment much easier if we have a fixed source of income. Because when we invest with any money but we have to hold it ie we have to deposit that money. Even if we want to but we can't withdraw that money because we have already invested in Bitcoin if we withdraw that investment money then our investment journey will not be successful. For this we need to have a separate source of income from which we can use money for our necessary expenses.And we need to make a plan so that we can invest a certain amount of money in bitcoins on a monthly basis.

DCA method creates many benefits for investment for those who are new or old in the market. DCA is a safe method especially for those who are new and less experienced in the investment sector. Even if the newbie doesn't understand the market continuity from the beginning, using only one coin like Bitcoin DCA method will not harm his investment journey. Investing in the DCA system can become a threat if one's personal needs and family needs are compromised. It is important to have an additional income stream to keep the DCA system going so that both personal life and investment streams continue.

[1714998387]

1714998387

[aoluain]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

[Marvelockg]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now

funny enough, those that could not buy last week because of excuses will not still buy now that Bitcoin price is down by $10k. It has never been about how well you time the market before buying, it is more about setting how you want to be buying on a regular bases and remaining with that strategy. Early this year, Bitcoin was at a serious dip and was down by at least $30k compared to the $72k it got to some days back and somany persons didn't buy and I guess they are still waiting for Bitcoin to drop back to $30k before buying.

This is one advantage of buying with the DCA methord. Even though you buy by January when Bitcoin was around   $40 and  February when it went too high to $62k and also at the new ATH when it went to $73k, if you continue with this trend foe the next ten years, you will still be in good profit because when you've finally taken the average at the end of the ten year interval, you will still be in profit because a new ATH would obviously emerge and the value of bitcoin at the time would have have double it curent worth possibly.

[Hallroom]

-snip-
The point is that DCA must not be applied by individuals with regular incomes, even those with incomes that are not regular can apply the DCA method.

That's right, I agree with that method. To start DCA it is not necessary to have a fixed income - if someone has an income only once in a while, if he is good at managing his finances, he can set aside a part of his income to be able to carry out DCA for some time. Even though this is quite difficult for some people, if the person is consistent and able to manage their finances well, it shouldn't be a problem for them.

Investing in DCA method will make our investment much easier if we have a fixed source of income. Because when we invest with any money but we have to hold it ie we have to deposit that money. Even if we want to but we can't withdraw that money because we have already invested in Bitcoin if we withdraw that investment money then our investment journey will not be successful. For this we need to have a separate source of income from which we can use money for our necessary expenses.And we need to make a plan so that we can invest a certain amount of money in bitcoins on a monthly basis.

DCA method creates many benefits for investment for those who are new or old in the market. DCA is a safe method especially for those who are new and less experienced in the investment sector. Even if the newbie doesn't understand the market continuity from the beginning, using only one coin like Bitcoin DCA method will not harm his investment journey. Investing in the DCA system can become a threat if one's personal needs and family needs are compromised. It is important to have an additional income stream to keep the DCA system going so that both personal life and investment streams continue.

The more an investor invests in Bitcoin, the more experienced and successful they will be with using the DCA method. I would like to say that DCA method is the only way people get success, an investor divides his investment into several parts and when he buys his average price control comes. And later if he accumulates bitcoins then he accumulates more bitcoins there too.

[EluguHcman]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

While we alternates to diversify our investment to the altcoins, I don't think if there would be confidence of reliability to buy and hold for such a long term while aiming for increments in the market value. Believe it, altcoins cans be funny.

[adultcrypto]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

Bitcoin do have times that can be regarded as dip and that is when price retraces after moving upward to some degree. For instance, the price of bitcoin is at about $63k now after rising as high as $73k. A $10k drop can be regarded as a dip and a nice time for those who buy the dip to get more bitcoin at prices lower than the high it has created.

While we alternates to diversify our investment to the altcoins, I don't think if there would be confidence of reliability to buy and hold for such a long term while aiming for increments in the market value. Believe it, altcoins cans be funny.

It is wrong to call buying altcoins diversification. This is a mistake that many people have made in the past and end up regretting. Bitcoin has all it takes to earn you the money you need and holding bitcoin is fine if you are not overwhelmed by greed. I took time to check all the altcoins that are being created and launched in the best of CEX exchanges recently, what they are doing is pure market manipulation where price pump today and dump very hard tomorrow, not giving people much opportunity to plan and hold for long. Those who have the mindset of diversification in this coins will end up losing their monies, this make the entire thing worse than gambling.

If you are lucky to know about bitcoin and how beneficial it is holding it for long, you should not think twice about starting your bitcoin journey and see how happy and proud you will be with yourself in few years time.

[Sim_card]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

The market do dip, and that is why we have the bear market. Buying at the dip is the best if you are prepared for it and you were able to buy at the bottom line a significant amount, and hodli gives the highest profit in the long run. But this period is not the best because you will keep on waiting for the dip, amd when it comes, you might ignore it and believe that the price will still go below, and this will make that investor miss out. A new investor who wants to start his bitcoin journey should use the best of all the three strategies, which is the DCA method, because his focus is to keep on increasing and building his bitcoin portfolio regularly so that in the long run, he can be able to ha e acquired a certain amount of bitcoin with ease, due to his discipline and sacrifice on regular buying of bitcoin weekly or monthly. With the DCA method done properly, you can reach your bitcoin target or close to your bitcoin target faster than who only buys at the dip.

It is good that as you are DCAing, you should have plans to lump sum or buy at the dip whenever, extra cash comes in that was not expected and can be ignored. When that investor has accumulated 70% of his bitcoin target, he can choose to use only the buy dip method, because his bitcoin stash has reached a good level, and whatever amount he uses in DCA might be very small to the size of his bitcoin investment portfolio that it will have no effect, but the compounding value will be bigger.

[Mayor of ogba]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

I have not heard something like that, but I will do some research on it to know for myself. Anyone who has been around bitcoin will not be worried about the little dip in the price; he or she will use the opportunity to accumulate more bitcoin at a low price before it rises again. For those who have kept money to buy the bitcoin dip, this is an opportunity to do so.

[Popkon6]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

I have not heard something like that, but I will do some research on it to know for myself. Anyone who has been around bitcoin will not be worried about the little dip in the price; he or she will use the opportunity to accumulate more bitcoin at a low price before it rises again. For those who have kept money to buy the bitcoin dip, this is an opportunity to do so.

Now is basically a good time to invest because Bitcoin has turned from bullish to current lows. The Original Bitcoin Dip is currently ongoing, so it's a good opportunity for those who have saved up to buy the dip. Because investing in Bitcoin now will get you more Bitcoin, so invest DCA in Bitcoin regularly.

[Spaceman1000$]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

While we alternates to diversify our investment to the altcoins, I don't think if there would be confidence of reliability to buy and hold for such a long term while aiming for increments in the market value. Believe it, altcoins cans be funny.

Bitcoin actually has the dip season, where the market value of bitcoin drops significantly, making it possible for investors that don't have the money to buy the previous high value to start buying and accumulating.

Whenever you have the resource to begin your bitcoin investment journey, is not the same as dip, you can actually start investing let's say when the price was $49k, and after few weeks it moved for $53k,  that simply means you started investing when you had the money, and so far you've made profit of $4k and that's because you've held on for weeks.
However buying the dip requires you to have invested when the price was a bit lower let say $30k or even lower, and you start purchasing little by little using the DCA method.

Altcoins are just what they are known for, alternative coins. they cannot be trusted with long time investment, even when some of them tends to appear with some high market value at a particular period of time, suddenly before you will say Jack, they are no where to be found.

[Bd officer]

Now is basically a good time to invest because Bitcoin has turned from bullish to current lows. The Original Bitcoin Dip is currently ongoing, so it's a good opportunity for those who have saved up to buy the dip. Because investing in Bitcoin now will get you more Bitcoin, so invest DCA in Bitcoin regularly.

Yes, for those of you who have been waiting for the market to bottom out, the opportunity has arrived. Those who have not invested yet should invest in DCA method. If you wait for the price to drop further, the market may go up. So it is best that you invest following the DCA method.

Those of you who bought high priced Bitcoins will not be disappointed to see the market down. You too continue to invest in DCA method and hold for a long time, hopefully you can earn a lot of profit. No matter what price you buy in Bitcoin, if you hold it for a long time, you can definitely profit.

[laijsica]

-snip-
The point is that DCA must not be applied by individuals with regular incomes, even those with incomes that are not regular can apply the DCA method.

That's right, I agree with that method. To start DCA it is not necessary to have a fixed income - if someone has an income only once in a while, if he is good at managing his finances, he can set aside a part of his income to be able to carry out DCA for some time. Even though this is quite difficult for some people, if the person is consistent and able to manage their finances well, it shouldn't be a problem for them.

I disagree......! It is important that you have enough income to sustain the DCA method. You have to manage enough money to meet the daily needs of yourself and your family.
Of course....you have to need money.... you need to sufficient income for start DCA. If you have no sufficient money how can you start DCA.... Even if you not Meetup your daily needs how can you decide to put money through DCA strategies. At first you will meet the daily needs to yourself and your family than others activities. If you not survive today, what will be done in future. Yes you must be HOLD Bitcoin, you must be DCA strategies after maintenance of your beloved family. How much money do you invest through DCA strategies it's depend on daily, weekly or monthly income basis. One of the best facilities of DCA strategies that it does not getting pressure to investors. 

[Justbillywitt]

There seem to be decently good chances that BTC prices will reach $80k and even $100k prior to the halvening, yet at the same time, none of us know, and if we are not trading and if we are still accumulating BTC, then we might prefer that the BTC price does not go up as fast, so that we can buy more BTC... So yeah, guys have to choose how much BTC to buy and to continue to buy and the dilemma is not necessarily going to get any better because there might still continue to be logic to continue to buy, and some uncertainties regarding whether dips will continue to happen or to come down to the level of current prices at a later date.

well you're actually right, i don't actually want price of Bitcoin to go up fast, because I haven't gotten enough or good quantities yet. Because if bitcoin price began to increase fast it would be difficult to accumulate much quantity in your portfolio. Like  for instance some one with the DCAing amount of $50 weekly , when the price was still in the price range of $30k , such individual would be able to purchase 0.00166 BTC with his $50 weekly . But now the price around $60k and such individual purchase is weekly DCAing with that same price which is $50 he or she would be able to purchase 0.000833 BTC weekly and that how the quantity (of Bitcoin accumulating by that same user with that same amount ($50) ) would keep reducing as bitcoin price keep increasing make it inversely proportional.

I lost a friend in the cold hands of death because he failed to take care of health. His mind is always investing in bitcoin with the little money he regularly gets from his workplace, making him forget that his body system needs to rest and to be taken care of.

That is a good point. We have to make sure that we invest into bitcoin with our time, energy and value in an amount that still allows us to experience our regular life, too, and yeah, to take care of our body and our mind as part of our routine (or our daily practices that have a decent diet, a sufficient amount of sleep and some exercise and/or other activities).

exactly, that why one have to invest according to his financial capability, without over doing it to an extent, of it affecting our regular life style . That why I always but this to Mind whenever any users mentioned that your bitcoin accummulation should be around the range of 4-10 years, I know it might be long but it would give one enough time to keep accumulating bitcoin without over doing it, limiting one self from his regular life style activities. Because alot of users at there lack a proper planning that would lead to them using alot of percentage of their income to accumulate more bitcoin limiting themselves from their regular life activities in order to meet a certain goal of accumulating bitcoin pretty fast without knowing it come with alot of causes . That most users here always advice to always Share your funds using percentage. Some percentage for accumulating bitcoin, while some for emergency funds (which should be an priority) allocating most of the percentage in your emergency funds.

We all know that to get the best at Bitcoin an investor need to have a long term view in mind right from the beginning, because as early you start being aggressive in your Bitcoin investment the better and also because at that point the price of Bitcoin is low and that way you get in at an advantageous time that put you on profits, but also I guess the 10% allocation is too small to set the investors out to reach retirement stage and earlier time.


Many times some of the newbie's investor mistake Bitcoin investment to be like some form of scheme that offers big short terms profits regardless of how much the Bitcoin holding is, I guess a big bag holder can easily get a quick return but not someone that is setting aside just 10% to 20% of his monthly income into Bitcoin.

Yes we all understand that the profit one get from bitcoin investment is proportional to size of your bitcoin holding. We all have different people with different financial capacity, so anyone who is investing 10% or 20% of their monthly salary in bitcoin is better than those who are not are not investing. Don't underestimate the power of DCA especially when it for a very long time. So people investing 10 to 20% of their salary in bitcoin for retirement purpose stand a very big chance of getting something out of it. Some people have more than 20 to 30 years before their retirement. Do you know that many people missed out on bitcoin investment because they think that their available funds isn't enough to invest in bitcoin, whereas you can start your DCA with at any amount you have. What matters is consistency and holding period. So 10 to 20% of someone's monthly salary invested in bitcoin for retirement purposese is not a bad idea. We shouldn't discourage people simply because we think that their funds are not equivalent to ours. DCA exist for all income class to invest in bitcoin.

[ginsan]

I have not heard something like that, but I will do some research on it to know for myself. Anyone who has been around bitcoin will not be worried about the little dip in the price; he or she will use the opportunity to accumulate more bitcoin at a low price before it rises again. For those who have kept money to buy the bitcoin dip, this is an opportunity to do so.

Well, that's true, this week we saw a market change where Bitcoin fell to $62500 and of course this is a good move to continue buying and holding. Previously I also said that at this time a good choice is to use the DCA strategy in the investments we make because when the market situation is red we still have money to continue buying. But if they do it with a lump sum then they will never be able to take advantage of dips to accumulate Bitcoin.

But make no mistake, if they are able to manage their financial flows well then when price changes occur of course they will still have money to continue buying Bitcoin. Apart from that, one other example is of course that we must remain focused on our principles of sticking to it and not worrying in the current situation. Of course, true holders must have a strong mentality and be ready to continue buying when the Bitcoin price is correcting.

[Hewlet]

I would like to say that the DCA method is the only way people get success, an investor divides his investment into several parts and when he buys his average price control comes. And later if he accumulates bitcoins then he accumulates more bitcoins there too.

I bet to disagree with you on this, sir.
DCA method is not the only way to become successful with your Bitcoin investment and I doubt everyone that's accumulating Bitcoin is doing so through the DCA methord. Everyone has the way he gets his fund and this plays a big role in determining the methord he uses in his accumulation. Let's say you hit a project that's worth $200k and decides to invest $150k into Bitcoin and the rest of the money goes into a business that will keep you going for the period you hold on to your Bitcoin investments. Does it mean that if you refused accumulating more with the use of the DCA methord you won't be successful? Not at all. Different Individuals applies different methord to buy Bitcoin but the target is all centered at making profit and becoming successful with your investment and whichever methord you choose to use, as long as you're able to accumulate more using that methord, you will still become successful with it.

[Salahmu]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

While we alternates to diversify our investment to the altcoins, I don't think if there would be confidence of reliability to buy and hold for such a long term while aiming for increments in the market value. Believe it, altcoins cans be funny.

Is a very bad idea to choose Altcoins as a method of diversification because is not safe concerning the risk involved, however if I may ask why would you choose Altcoins as an alternative? Or is it the possible profits you feel you could realize from it?, actually the earlier you remove Altcoins as an alternative the better for you, however one thing you most understand about Bitcoin is that holding is the only way to see more tangible returns in the future, also it seems that you don't really understand much about the potential of Bitcoin because if you do you wouldn't have seen holding as a difficult thing for you.

However in terms of knowing if actually there is a season Bitcoin price dip, for me I don't think there is a season for that but rather when the price is having some correction that's when it could be called a dip because one thing you should also understand is that there is no way the Bitcoin price will keep continue going up without having some consolidation or retracement before peaking again.

[bitzizzix]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

It just goes to show that the Bitcoin market always presents corrections and dips for everyone and anyone
to divert more FIAT. DCA can be practiced anytime and can be doubled up when there is a dip.

Yes, this drop is a good opportunity to collect more Bitcoins, including DCA packs. Because this is the best opportunity to increase purchasing in large quantities, and I personally will try and try to buy quite a large amount because currently there is a discount that I think I shouldn't waste. And I will normalize my periodic purchases when the Bitcoin price rises again.
Since I make regular weekly Bitcoin purchases of %15 and also monthly purchases that I increase to 25% each month of my monthly salary, I will increase my weekly purchases by 25% during this down market and increase my monthly purchases by 40%-50 % if this decrease occurs until the end of this month or next.
And this is the best moment that I shouldn't miss because the halving is only a few days away and it is possible that after the halving Bitcoin will rise again and continue to rise.

[Moreno233]

Look at the market today compared to where it was last week it is down $10k it presents a perfect
opportunity to get some FIAT into Bitcoin during the dip. Dont wait to try and time the absolute bottom,
be thankful of the discount which is presented now.

Yes I agree with you, the market has presented another opportunity for people to get in at lower prices. There is no point waiting till the bottom is reach because it is nearly impossible to know where the bottom will be. A drop in price of over $10,000 is a good discount and even those using DCA can take advantage of this drop in price to accumulate more Bitcoin.

Interestingly I have been told yesterday that the ETF's generally dont buy during a dip, they apply typical
traditional market sentiment to the Bitcoin market and would see the current dip as a "Major Crash",
Anyone else hear about that? I wonder do they fear that the market could fall even further?

I have not read about that anywhere and it makes me wonder what the rationale behind that will be. Does it mean they believe that the market will continue to go in one direction without correction? I saw this response by Lucius in one of the thread where impact of interest rate was being discussed. In that response, he mentioned that investors lost crypto futures suffered a loss of over $800 million. I think what this mean is that when investors begin to liquidate aggressively, the total amount liquidated is regarded as loss to the entire value of the assets when market was surging. This is the only explanation I can come up with

The more an investor invests in Bitcoin, the more experienced and successful they will be with using the DCA method. I would like to say that DCA method is the only way people get success, an investor divides his investment into several parts and when he buys his average price control comes. And later if he accumulates bitcoins then he accumulates more bitcoins there too.

The DCA method is not the only way people get success in Bitcoin investment. It is just one of the ways of buying Bitcoin. You cannot tell me that big players like MicroStrategy that never used the DCA method are not successful. Any method of buying Bitcoin can lead to success, what matter is how well you are able to hold your Bitcoin.

[Miles2006]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?
Anyways, let me just say buying at the Dip and holding is the best format to purchase your Bitcoin and accumulate as much as you can while the markets erupts to be appreciated in values.

In as much as you see newly investors like me or other investors accumulate now doesn't mean the market has no dip, like what JJG will always say "The best time to buy bitcoin was yesterday the second best time to buy is today" this statement just implies buying bitcoin is not too late, that's why I care less about the dip.

While we alternates to diversify our investment to the altcoins, I don't think if there would be confidence of reliability to buy and hold for such a long term while aiming for increments in the market value. Believe it, altcoins cans be funny.

Not every investor will go for altcoins when it comes to diversification of assets. No one can really force you to go for an asset when it comes to your investment choice but everyone have their different choice to make, firstly before considering diversification of assets you should consider some common factors before diversification

[cxtreenal]

Does Bitcoin actually have a Dip season? Or just when you are capable to purchase that comes the investor Dip time?

Some investors looked for buy DIP price when Bitcoin was at $40k or $50k. But they waited for more DIP price.Those investors regretted not being able to buy Bitcoin when its price gradually increased to $60k. In fact many people are still looking for its DIP, if you are interested in investing in Bitcoin, I would say now is the time.... Bull run is waiting ahead, If you don't buy now, you might regret it later. Because Bitcoin can give you the chance to be much more profitable. And during the upcoming halving it is likely to be priced at $85k....
Compared to that time, it's price now on DIP.