Buy the DIP, and HODL!

[JayJuanGee]

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.[\b]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

Ultimately it is good for each of us to get our priorities straight, including that a lot of people fail/refuse to invest, and maybe they do not have opportunities to invest, so they may end up working their whole lives without really being able to stop because they don't have enough money to be able to stop or even to slow down without suffering from their lack of any kind of meaningful nestegg.

Bitcoin provides an opportunity for anyone and everyone to invest, even with a relatively small amount, but like you suggest Sim_card, there should be some kind of a meaningful amount in order for the outcome to have some kind of potential for meaningfully impacting the person.

Frequently, I suggest to shoot for 10% of your income and/or expenses, so then at least after 10 years, you would have had invested a whole year's of income. even though surely income levels and expenses are likely to increase over the years, but it seems that investing in bitcoin has a good chances to keep up with and perhaps even outperform inflation(and/or the debasement of fiat currency values).

In the end, it seems to be a matter of priorities, even though surely there are some folks who really do struggle to figure out ways to earn an income that is high enough that they are actually able to invest, so it is hard to blame people for those kinds of circumstances, even though bitcoin does seem to be amongst one of the best ways forward if they are actually able to figure out a way to earn more than their expenses and to stock (stack) some of their value away in some kind of savings/investment - including the need to maintain an emergency fund, too.

[1714694477]

1714694477

[1714694477]

1714694477

[I_Anime]

This is good for rich investors because they have enough money, which will allow them to accumulate bitcoin anytime there is a dip, and they will not struggle to solve their financial problems. If people who are using their monthly salary to accumulate bitcoin with the DCA strategy keep buying the bitcoin dip, they might have problems holding their bitcoin for the long term because they will use the money meant to solve their financial problems to buy the bitcoin dip. Since we are all in on bitcoin for the long term, any investor who doesn't have enough money to accumulate bitcoin in the bitcoin dip should concentrate on accumulating bitcoin with the DCA strategy. When it is time to accumulate bitcoin with the DCA strategy, if bitcoin is in dip, you can still buy it, and if bitcoin is not in dip, you will also buy it and have enough money to take care of your financial needs.

with proper planning An average Man can also  keep to the term of buying the dip whenever there's a dip , not just the rich alone , true that those who are financially stable have more advantages in accumulating more quantities Bitcoin using any of the strategy, but as an average Man that's not that financially stable would consider basing more on planning when accumulating more bitcoin, like putting an reserve money aside in order to buy the dip (he reserve money may not be as big as the rich but it can secure some good quantity for him) mostly when his entry was just right. The rich may be more aggressive and all that in their accumulation due to their financial capability. But if an average Man can be aggressive according to his financial capability without over doing it he won't have  any urge of considering using his emergency or reserved funds to accumulate just in the name of wanting to be more aggressive.
Preventing him from ever tampering with his investment, inorder to cover a certain expenses.

Edited:

In the end, it seems to be a matter of priorities, even though surely there are some folks who really do struggle to figure out ways to earn an income that is high enough that they are actually able to invest, so it is hard to blame people for those kinds of circumstances, even though bitcoin does seem to be amongst one of the best ways forward if they are actually able to figure out a way to earn more than their expenses and to stock (stack) some of their value away in some kind of savings/investment - including the need to maintain an emergency fund, too.

you are right, this is one of the reason why most people haven't started investing or accumulating Bitcoin, due to not be able to meet their need with their salary earned. So an individual who's not able to meet his need can't think of investing, because if by any chances they endup investing with such financial situation they would endup selling their investment when it haven't yield them anything inorder to coverup some expenses , because their money was not able to sustain them or enabled them to have an emergency funds. Most people that found theirselves in such situation most time  endup having multiple sources, inorder to have some money they can use to invest and to meet their need . Even though their accumulating money might be small ( still better than none) but if they are frequent it like 4-10 years using %10 of their earnings they would be able to secure a good investment for themselves.

[Marvelockg]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

to be honest, some people need to fix their finance before even thinking about buying Bitcoin. how do you allocation just a $10 worth of investment in a whole month and you are hoping it will amount to anything big in the next ten years? I know everyone's income is not the same and while it might be easier for some to invest with something as high as $100 a week, others might not cope with that but we all know that our finance is one aspect of our lives that's very important and that we have to take it seriously and and not allow an average mentality tire us down to taking our investment casually.

The primary reason why we are making bitcoin investment is to ensure our future security is insured and that we don't necessarily have to work till we become extremely old and that's why it's necessary we don't just go about it casually as though we are playing. Their is a popular saying a professor told us while we matriculated into high school that always stocked with me whenever I'm doing a long term something. She said, throughout your stay in school, read as if your your success depends on you and you alone and pray as though you've not read at all and that your succes depends only on God. you should also use that statement as a sort of motivation to incourage you wile buying your Bitcoin. You you have to Buy as if your future depends entirely on the quantity of your bought Bitcoin and work as though you don't have an investment at all. if you're able to blend this mentality into your mind, you will definitely improve on how you take your financial life seriously and it will also go a long way to increase the weekly or monthly allocation you put into buying Bitcoin.

[Justbillywitt]

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

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

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

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

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

This is good for rich investors because they have enough money, which will allow them to accumulate bitcoin anytime there is a dip, and they will not struggle to solve their financial problems. If people who are using their monthly salary to accumulate bitcoin with the DCA strategy keep buying the bitcoin dip, they might have problems holding their bitcoin for the long term because they will use the money meant to solve their financial problems to buy the bitcoin dip. Since we are all in on bitcoin for the long term, any investor who doesn't have enough money to accumulate bitcoin in the bitcoin dip should concentrate on accumulating bitcoin with the DCA strategy. When it is time to accumulate bitcoin with the DCA strategy, if bitcoin is in dip, you can still buy it, and if bitcoin is not in dip, you will also buy it and have enough money to take care of your financial needs.

Yes I understand what you are saying and that's just the truth. What I was actually saying was that salary earners should not just wait for a dip to buy or take break to see if there will be a further dip before they can buy. Rather they should continue with their weekly DCA and not wait only on the dip. They should buy at all market conditions provided their salary keeps flowing in. Even if they have been buying for the past 2 years they should just keep buying until they have gotten something reasonable. And for people doing low income DCA it could take several years to get a reasonable amount of bitcoin, but what's the rush all about? After all this thread is about buying and hodling, so we shouldn't stop along the way. If we must see positive result, then it must be continuous.

[Obim34]

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.

from the tome of your responses, it's possible you're still trying to figure out if you can buy with a greater amount or you're yet to start starching at all.

Investing $10 at the end of every month as a DCA strategy only goes to suggest that you're possibly playing too safe maybe because you're still skeptical about the fate of Bitcoin in the future and wouldn't want to risk investing a greater amount into it. But if my assertion is wrong and you're currently DCAing with the $10 a month, then I should tell you how much you would have starched up in the next ten years you're looking at so you can see things better off by yourself.

$10 a month ×12 months =$120
$120 a year ×10 years should give you = $1200. That means that at the end of making a ten year starching, you're only able to get $1200 worth of Bitcoin.
What would be the value of $1200 worth of Bitcoin in the next ten years? Let's assume that Bitcoin doubles it current price or triples it, as long as the quantity of your starch isn't much, your profit wouldn't be much also.

But let's assume you're DCAing with 20% of your $100 weekly pay;
$20 a week × 4 weeks = $80
$80 a month times 12 months = $960
$960 a year × 10 years = $9600 in the next ten years which is a reasonable amount and average person should hope to starch up in the next ten years.

Maybe we should be frank enough to tell ourselves some bitter truth that we can't achieve most of our goals if we are trying to do things in our most comfortable way. I'm never suggesting you invest with an amount that will inconvenience your life throughout your holding stage but pushing yourself a bit further would still do you good in the long run.

Your analysis are correct, people are now confronted by the term of investing only what they can afford to lose, making them now investing pennies in their investment portfolio, they actually forgot that anything worth doing is worth to be done very well. Profit to be made from Bitcoin investment is not on an outcome of probability nor a guess, the historical stats are there right from the very beginning we have experience DIPs but always exceed every previous ATH just after halving.

Your calculations is well strategiesd, the sweet thing about investing in Bitcoin using the DCA method is that you aswell get to buy from DIPS, a 10yrs investment planning is combined of two Bitcoin cycles which the market must DIP allowing you buy at a very lower price. Your supposed total calculation of $9600, we can consider it low since we get to buy the DIP from each cycles.

[Cryptoprincess101]

This is good for rich investors because they have enough money, which will allow them to accumulate bitcoin anytime there is a dip, and they will not struggle to solve their financial problems. If people who are using their monthly salary to accumulate bitcoin with the DCA strategy keep buying the bitcoin dip, they might have problems holding their bitcoin for the long term because they will use the money meant to solve their financial problems to buy the bitcoin dip. Since we are all in on bitcoin for the long term, any investor who doesn't have enough money to accumulate bitcoin in the bitcoin dip should concentrate on accumulating bitcoin with the DCA strategy. When it is time to accumulate bitcoin with the DCA strategy, if bitcoin is in dip, you can still buy it, and if bitcoin is not in dip, you will also buy it and have enough money to take care of your financial needs.

with proper planning An average Man can also  keep to the term of buying the dip whenever there's a dip , not just the rich alone , true that those who are financially stable have more advantages in accumulating more quantities Bitcoin using any of the strategy, but as an average Man that's not that financially stable would consider basing more on planning when accumulating more bitcoin, like putting an reserve money aside in order to buy the dip (he reserve money may not be as big as the rich but it can secure some good quantity for him) mostly when his entry was just right. The rich may be more aggressive and all that in their accumulation due to their financial capability. But if an average Man can be aggressive according to his financial capability without over doing it he won't have  any urge of considering using his emergency or reserved funds to accumulate just in the name of wanting to be more aggressive. Preventing him from ever tampering with his investment, inorder to cover a certain expenses.

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

Emergency funds is also important for any investor that is using the DCA because that is the only way to to keep the accumulating spirit alive if the original source is not yet available for the main time then the emergency funds can help to sort out other basic things of life without affecting the DCA

[I_Anime]

This is good for rich investors because they have enough money, which will allow them to accumulate bitcoin anytime there is a dip, and they will not struggle to solve their financial problems. If people who are using their monthly salary to accumulate bitcoin with the DCA strategy keep buying the bitcoin dip, they might have problems holding their bitcoin for the long term because they will use the money meant to solve their financial problems to buy the bitcoin dip. Since we are all in on bitcoin for the long term, any investor who doesn't have enough money to accumulate bitcoin in the bitcoin dip should concentrate on accumulating bitcoin with the DCA strategy. When it is time to accumulate bitcoin with the DCA strategy, if bitcoin is in dip, you can still buy it, and if bitcoin is not in dip, you will also buy it and have enough money to take care of your financial needs.

with proper planning An average Man can also  keep to the term of buying the dip whenever there's a dip , not just the rich alone , true that those who are financially stable have more advantages in accumulating more quantities Bitcoin using any of the strategy, but as an average Man that's not that financially stable would consider basing more on planning when accumulating more bitcoin, like putting an reserve money aside in order to buy the dip (he reserve money may not be as big as the rich but it can secure some good quantity for him) mostly when his entry was just right. The rich may be more aggressive and all that in their accumulation due to their financial capability. But if an average Man can be aggressive according to his financial capability without over doing it he won't have  any urge of considering using his emergency or reserved funds to accumulate just in the name of wanting to be more aggressive. Preventing him from ever tampering with his investment, inorder to cover a certain expenses.

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

Emergency funds is also important for any investor that is using the DCA because that is the only way to to keep the accumulating spirit alive if the original source is not yet available for the main time then the emergency funds can help to sort out other basic things of life without affecting the DCA

Is true that an average Man can't purchase large quantities of bitcoin , instead he or she focus on using different strategies that is convenience to them in accumulating bitcoin. So as an average man that can't afford large quantity of bitcoin he would focus on using strategy like DCAing at first to start buying at different price interval without tampering with his emergency funds. And if such individual noticed any dip in market he or she would grab such opportunity to to buy more bitcoin as the price is low to secure some good quantities for themselves before any increase in market. Though even when market all green such individual may continue accumulating without any fear even when he or she endup buying the top (because I'd Bitcoin we talking about) because no matter along it might take bitcoin would keep undergoing break through.

That bitcoin is the best project to invest on , in this space, given but the average and the rich the privilege to get wealthier. And we all believe that as Time goes on Bitcoin would keep on growing tremendously and gaining more adoption and those who take the chances to invest on it would also experience a tremendous growth in their finance changing one lives for the better.

[Dorkylickjj]

This is good for rich investors because they have enough money, which will allow them to accumulate bitcoin anytime there is a dip, and they will not struggle to solve their financial problems. If people who are using their monthly salary to accumulate bitcoin with the DCA strategy keep buying the bitcoin dip, they might have problems holding their bitcoin for the long term because they will use the money meant to solve their financial problems to buy the bitcoin dip. Since we are all in on bitcoin for the long term, any investor who doesn't have enough money to accumulate bitcoin in the bitcoin dip should concentrate on accumulating bitcoin with the DCA strategy. When it is time to accumulate bitcoin with the DCA strategy, if bitcoin is in dip, you can still buy it, and if bitcoin is not in dip, you will also buy it and have enough money to take care of your financial needs.

with proper planning An average Man can also  keep to the term of buying the dip whenever there's a dip , not just the rich alone , true that those who are financially stable have more advantages in accumulating more quantities Bitcoin using any of the strategy, but as an average Man that's not that financially stable would consider basing more on planning when accumulating more bitcoin, like putting an reserve money aside in order to buy the dip (he reserve money may not be as big as the rich but it can secure some good quantity for him) mostly when his entry was just right. The rich may be more aggressive and all that in their accumulation due to their financial capability. But if an average Man can be aggressive according to his financial capability without over doing it he won't have  any urge of considering using his emergency or reserved funds to accumulate just in the name of wanting to be more aggressive. Preventing him from ever tampering with his investment, inorder to cover a certain expenses.

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

Emergency funds is also important for any investor that is using the DCA because that is the only way to to keep the accumulating spirit alive if the original source is not yet available for the main time then the emergency funds can help to sort out other basic things of life without affecting the DCA

Is true that an average Man can't purchase large quantities of bitcoin , instead he or she focus on using different strategies that is convenience to them in accumulating bitcoin. So as an average man that can't afford large quantity of bitcoin he would focus on using strategy like DCAing at first to start buying at different price interval without tampering with his emergency funds. And if such individual noticed any dip in market he or she would grab such opportunity to to buy more bitcoin as the price is low to secure some good quantities for themselves before any increase in market. Though even when market all green such individual may continue accumulating without any fear even when he or she endup buying the top (because I'd Bitcoin we talking about) because no matter along it might take bitcoin would keep undergoing break through.

That bitcoin is the best project to invest on , in this space, given but the average and the rich the privilege to get wealthier. And we all believe that as Time goes on Bitcoin would keep on growing tremendously and gaining more adoption and those who take the chances to invest on it would also experience a tremendous growth in their finance changing one lives for the better.

I agree to this, to the extent that the average person should find DCA as an investment strategy in Bitcoin as If you're looking to invest in Bitcoin,  DCAing may be the safest way to slowly gain exposure to it. By not making a huge lump-sum purchase, you don't have to worry about the price at that specific moment in time.
Furthermore, as it relates to HODLing, even if it's a go-to for investors planning to hit it large in btc, still it depends on what kind of investor you are, your priorities, and if you can stick to HODLing.
HODLing as well as DCA requires a lot of discipline and composure especially the former.
On this forum, I found this 'pattern' that makes so much sense for whoever isn't into holding, but wants to get into it.
It's this, like DCA, any deposits made into your BTC has a threshold timeframe where you do not trade , be it 4years or more. I think 4years or more is enough time for your BTC to appreciate,and if you're making subsequent investments, they are only due for possible trading in the next designated number of years, however, trading is not the point here. HODLing is.
When you've been able to hold for about six years, I'm sure the returns will have you motivated.
And back to DCA. This is the go-to for whoever can't purchase those units. It's safe.

[Miles2006]

to be honest, some people need to fix their finance before even thinking about buying Bitcoin. how do you allocation just a $10 worth of investment in a whole month and you are hoping it will amount to anything big in the next ten years? I know everyone's income is not the same and while it might be easier for some to invest with something as high as $100 a week, others might not cope with that but we all know that our finance is one aspect of our lives that's very important and that we have to take it seriously and and not allow an average mentality tire us down to taking our investment casually.

It seems without emergency funds no one can accumulate properly without distraction from different angles, having a good source of income that can help accumulate properly is another important point and setting aside an emergency fund is also important. bitcoin investment is for everyone, both low salary earners and if someone is showing such interest to accumulate bitcoin I think it's more better compared to others who have not  started, the difference is just the amount and with such amount reaching the target set will be so difficult, maybe as time goes getting a multi source of income is needed cause no one is bound to remain stagnant.

The primary reason why we are making bitcoin investment is to ensure our future security is insured and that we don't necessarily have to work till we become extremely old and that's why it's necessary we don't just go about it casually as though we are playing. Their is a popular saying a professor told us while we matriculated into high school that always stocked with me whenever I'm doing a long term something. She said, throughout your stay in school, read as if your your success depends on you and you alone and pray as though you've not read at all and that your succes depends only on God. you should also use that statement as a sort of motivation to incourage you wile buying your Bitcoin. You you have to Buy as if your future depends entirely on the quantity of your bought Bitcoin and work as though you don't have an investment at all. if you're able to blend this mentality into your mind, you will definitely improve on how you take your financial life seriously and it will also go a long way to increase the weekly or monthly allocation you put into buying Bitcoin.

Thinking about bitcoin as a store of wealth is extremely perfect, you see the old men who are pensioners today and they earn with fiat back then or even presently cause some pensioners still earn money, let's assume they invested their money in bitcoin back then or the pension money they'll make great profit cause bitcoin is a top investment choice and I strongly believe investing at that time will yield profit, in as much as bitcoin investment is for everyone it's our duty to accumulate bitcoin till we reach our target as investors.

[Akbarkoe]

snip..........

It seems that you are quite smart in talking about DCA strategy and how DCA should be done with the various attitudes that you have suggested, as well as staying in the HOLD stance.

To what extent are you doing DCA today? And how long do you do DCA that is most appropriate with a great time in doing DCA? does it affect the mentality in doing the strategy? how much BTC do you think is enough for someone to have?

The worst side of the market is cruel and for you to win is to have a good mentality.

[JayJuanGee]

And for people doing low income DCA it could take several years to get a reasonable amount of bitcoin, but what's the rush all about? After all this thread is about buying and hodling, so we shouldn't stop along the way. If we must see positive result, then it must be continuous.

We can ONLY rush as much as is within our capabilities - since we should not want to rush so much that we end up losing some or all of our investment because we were sloppy and/or we were taking too many risks.  We have to figure out how to consistently be as aggressive as we can without putting ourselves into a position that we are going to lose some or all of our coins.. and sometimes we might not know how badly our situation can end up until perhaps some kind of emergency happens and we are not sufficiently prepared for it, while we might have had been telling ourselves that we were sufficiently prepared, and then if the emergency comes, that ends up being a BIG test regarding the reality of our actual preparedness.

Your calculations is well strategiesd, the sweet thing about investing in Bitcoin using the DCA method is that you aswell get to buy from DIPS, a 10yrs investment planning is combined of two Bitcoin cycles which the market must DIP allowing you buy at a very lower price. Your supposed total calculation of $9600, we can consider it low since we get to buy the DIP from each cycles.

A guy who invests $10 per week will have invested $520 per year and $5,200 after 10 years, and a guy who invests $100 per week will have 10x that amount, which would be $52k after 10 years.  Of course, a guy might try to be as aggressive as he can, and maybe he will have some weeks that he is able to invest $100 and other weeks he is ONLY able to invest $10, and maybe by the time he reaches 10 years, he does not quite have $52k invested but he may well be close to $52k invested, and then the other question becomes how much has his investment gone up during that time.. Surely it is likely that his earliest of investments would have appreciated more than his later investments, but there also may well be a lot of ups and downs along the way, especially over an investment time period of 10 years or longer.

And, even though it may well seem that 10 years is a long time, it also will seem as if it goes by really fast, especially after you get there and then the question might be whether you have anything to show for your 10 years worth of investing, or were you just spinning your wheels and not getting anywhere.. which is part of the justification for ongoing employment of consistency and persistency and sometimes a combination of strategies to accumulate BTC in a prudent way.. even while potentially trying to be aggressive while attempting to be prudent.

The primary reason why we are making bitcoin investment is to ensure our future security is insured and that we don't necessarily have to work till we become extremely old and that's why it's necessary we don't just go about it casually as though we are playing. Their is a popular saying a professor told us while we matriculated into high school that always stocked with me whenever I'm doing a long term something. She said, throughout your stay in school, read as if your your success depends on you and you alone and pray as though you've not read at all and that your succes depends only on God. you should also use that statement as a sort of motivation to incourage you wile buying your Bitcoin. You you have to Buy as if your future depends entirely on the quantity of your bought Bitcoin and work as though you don't have an investment at all. if you're able to blend this mentality into your mind, you will definitely improve on how you take your financial life seriously and it will also go a long way to increase the weekly or monthly allocation you put into buying Bitcoin.

Thinking about bitcoin as a store of wealth is extremely perfect, you see the old men who are pensioners today and they earn with fiat back then or even presently cause some pensioners still earn money, let's assume they invested their money in bitcoin back then or the pension money they'll make great profit cause bitcoin is a top investment choice and I strongly believe investing at that time will yield profit, in as much as bitcoin investment is for everyone it's our duty to accumulate bitcoin till we reach our target as investors.

There is likely going to be variance with pensioners, and part of the presumption is that any kind of pension is usually not going to keep up with the cost of living, so some pensioners might have other sources of income and other pensioners might ONLY have the pension as their main source of income.  So early in their pension time, their pension may be covering all of their needs and they might have extra that they are able to invest, and perhaps investing in something like bitcoin could help to off-set their pension payouts so that if a pensioner might invest in Bitcoin for 4-10 years or longer, then at some point he might start to draw from his bitcoin investment and the amount that is drawn would then supplement his pension income when the pension might no longer have as much purchasing power as it used to have in its earlier years.

[Hewlet]

There is likely going to be variance with pensioners, and part of the presumption is that any kind of pension is usually not going to keep up with the cost of living, so some pensioners might have other sources of income and other pensioners might ONLY have the pension as their main source of income.  So early in their pension time, their pension may be covering all of their needs and they might have extra that they are able to invest, and perhaps investing in something like bitcoin could help to off-set their pension payouts so that if a pensioner might invest in Bitcoin for 4-10 years or longer, then at some point he might start to draw from his bitcoin investment and the amount that is drawn would then supplement his pension income when the pension might no longer have as much purchasing power as it used to have in its earlier years.

one of the reasons why it will be deficult to talk about investing with proceeds of pension is that the amount paid for pension is usually small and during those period, the person receiving the pension is normally out of work and would in most cases not have an alternative means of income except he has probably made investment while he was still in active service.

What would have worked well for most public workers is that the amount that's taken out of their monthly salary for the purpose of pension would have probably been invested into an asset at least five years to thier retirement and they will be allowed to take it out at the time of their retirement.

Most countries like mine has a routine of taking 8% of your monthly income which will accumulate to what you will receive as pension after retirement, it's mostly calculated before you receive your monthly pay and the rest comes in as your salary. If you work for an average of 30 years, then imagine if that 8% of your income was actually invested into an asset instead of lucking them up to be paid in installments at the point of your retirement. This goes to show the value of the knowledge we have now with respect to investing using the DCA strategy. What they where doing is basically saving in fiat using the DCA strategy but because fiat is subject to inflation and don't really gain value after all the years of saving, the value of the amount that's being paid as pension end up not good enough to sustaining most retired people and some that should have been enjoying thier retirement benefit and would have reached the fuk you stage would find themselves in a position of thinking about making investment at an old age.

[Onyeeze]

snip..........

It seems that you are quite smart in talking about DCA strategy and how DCA should be done with the various attitudes that you have suggested, as well as staying in the HOLD stance.

To what extent are you doing DCA today? And how long do you do DCA that is most appropriate with a great time in doing DCA? does it affect the mentality in doing the strategy? how much BTC do you think is enough for someone to have?

The worst side of the market is cruel and for you to win is to have a good mentality.

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

[MainIbem]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

No one would just venture into market without them drawing their analysis to know when is the safe time for them to enter market or not, just as what happened recently when the market touched 73k plus and people with this mindset rushed to acquire more asset thinking this could possibly break out the market to hit 100k. But unluckily that was the worst entry from any trader although I can't still dispute that after halving we could still witnessed another new ATH but at this point those who already jumped into the market are just like people who jumped from fire to frying pan without any rescue except we have finished halving before the main bull run will come, at that moment investor can decides to take profits from every investment except such person has decided to hodl for decades.

[Humblevirus]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

No one would just venture into market without them drawing their analysis to know when is the safe time for them to enter market or not, just as what happened recently when the market touched 73k plus and people with this mindset rushed to acquire more asset thinking this could possibly break out the market to hit 100k. But unluckily that was the worst entry from any trader although I can't still dispute that after halving we could still witnessed another new ATH but at this point those who already jumped into the market are just like people who jumped from fire to frying pan without any rescue except we have finished halving before the main bull run will come, at that moment investor can decides to take profits from every investment except such person has decided to hodl for decades.

The individuals who consistently attempt to gauge the Bitcoin market before investing are often short-term holders. In contrast, those who adopt a long-term approach may not focus as much on timing the market meticulously before entering. Instead, they gradually accumulate Bitcoin until their allocated funds are exhausted. Vigilantly timing the market can result in significant losses for some investors. This situation reminds me of a friend who has been timing the Bitcoin market since it reached $20k He now waits for the price to drop back to $15,000, hoping it will decrease even further.However, this strategy caused him to miss out on purchasing opportunities when Bitcoin was valued at $20k, $30k, and $40k. Yet, he persists in attempting to time the market even as the price drops to $50k

I am not suggesting that timing the Bitcoin market is inherently bad; indeed, it can be beneficial if one can buy at a low price. However, constantly trying to time the market, especially when planning to hold onto Bitcoin for the long term, can be a futile endeavor. In fact, because of this focus on market timing, some individuals later make attempt with the money they have plans for to invest in Bitcoin.

[Tmoonz]

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

No one would just venture into market without them drawing their analysis to know when is the safe time for them to enter market or not, just as what happened recently when the market touched 73k plus and people with this mindset rushed to acquire more asset thinking this could possibly break out the market to hit 100k. But unluckily that was the worst entry from any trader although I can't still dispute that after halving we could still witnessed another new ATH but at this point those who already jumped into the market are just like people who jumped from fire to frying pan without any rescue except we have finished halving before the main bull run will come, at that moment investor can decides to take profits from every investment except such person has decided to hodl for decades.

You sounded more like a degenerated trader, there is no idea long term Bitcoin investor that prioritize timing the market conditions before making purchases, in as much as it is great to buy when price is low, taken advantage of any price point is also very essential what is most important is how long can you be able to hodl.
for more emphasis, you need to know that an investor doesn't worry about volatility rather he takes advantage of it and all the interest of an investor is to buy and hodl for their investment to grow and have potential value over time whereas the traders are so much worried about volatility because there aim is only to maximize profits within the the shortest time frame.

Buying when Bitcoin price was at the ATH $73k is never a crime for any investor rather with his or her dca he or she can  buys at different price point. Every idea investor are always prepared for the likely and the unlikely market conditions that may or may not happen. One of the major concern of an investor is the quantity and worth of Bitcoin they have  rather than overly monitoring the market conditions which can possibly lead to missing out buying opportunity especially when you are not far gone in your accumulation process.

[teamsherry]

There is likely going to be variance with pensioners, and part of the presumption is that any kind of pension is usually not going to keep up with the cost of living, so some pensioners might have other sources of income and other pensioners might ONLY have the pension as their main source of income.  So early in their pension time, their pension may be covering all of their needs and they might have extra that they are able to invest, and perhaps investing in something like bitcoin could help to off-set their pension payouts so that if a pensioner might invest in Bitcoin for 4-10 years or longer, then at some point he might start to draw from his bitcoin investment and the amount that is drawn would then supplement his pension income when the pension might no longer have as much purchasing power as it used to have in its earlier years.

one of the reasons why it will be deficult to talk about investing with proceeds of pension is that the amount paid for pension is usually small and during those period, the person receiving the pension is normally out of work and would in most cases not have an alternative means of income except he has probably made investment while he was still in active service.

Things like pension are not very reliable sources of investment and from the persons age he should be quite old and retired if he is living off pension, so investing in bitcoin to reach a fuck you status should be around 1 bitcoin or 4 bitcoin for him( just assuming), which should be almost 300k$ and yeah considering his age he wouldn't have enough time to invest, so let's say he has 4-5 years to get to this fuck you status of 4 bitcoin then we should be talking about an average of 1.4k invested weekly for 206 weeks and yeah bit woudl do it's usually of having ups and down, but if he is only relying on pension to get to this fuck you status that would be  realistic, cause I've heard that sometimes pension pays can be delayed, and apart from that we can't expect him to invest so much in bitcoin at that age cause he might be considering his health and well being which might already be eating off a major part of his pension. So your damn right.

What would have worked well for most public workers is that the amount that's taken out of their monthly salary for the purpose of pension would have probably been invested into an asset at least five years to thier retirement and they will be allowed to take it out at the time of their retirement.

This isn't a bad Idea but you can't be relying on the government to make good decisions for you concerning your future, I think a more better situation would have been to start
Investing in bitcoin earlier with the DCA method even if it's only small amounts of allocation to it and that would stack up over the years, even better to become fully responsible for their retirement by going all out to invest in bitcoin and preparing for the retirement themselves.

Most countries like mine has a routine of taking 8% of yyour monthly income which will accumulate to what you will receive as pension after retirement, it's mostly calculated before you receive your monthly pay and the rest comes in as your salary. If you work for an average of 30 years, then imagine if that 8% of your income was actually invested into an asset instead of lucking them up to be paid in installments at the point of your retirement. This goes to show the value of the knowledge we have now with respect to investing using the DCA strategy. What they where doing is basically saving in fiat using the DCA strategy but because fiat is subject to inflation and don't really gain value after all the years of saving, the value of the amount that's being paid as pension end up not good enough to sustaining most retired people and some that should have been enjoying thier retirement benefit and would have reached the fuk you stage would find themselves in a position of thinking about making investment at an old age.

I still stand on my ground that it would be better to take this action yourself than rely on government to think in terms of what woidl be better for you or not, anyone that has been working for over 20 years and let's say with an income of 5000$ and decides to remove a little percentage of this as 5% which would be about 250$ to invest in bitcoin through DCA method on a weekly interval which would be a total of 25% monthly invested I bitcoin would be on a much better track than and has a better chance of a good retirement than any pension salary, okay let's imagine that the government didn't take any amount from their salary and pension became optional, I still doubt that many would still consider bitcoin even as the best over the pension, so yeah this decision to invest in bitcoin would be a self decision.

[Salahmu]

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.[\b]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

Ultimately it is good for each of us to get our priorities straight, including that a lot of people fail/refuse to invest, and maybe they do not have opportunities to invest, so they may end up working their whole lives without really being able to stop because they don't have enough money to be able to stop or even to slow down without suffering from their lack of any kind of meaningful nestegg.

Bitcoin provides an opportunity for anyone and everyone to invest, even with a relatively small amount, but like you suggest Sim_card, there should be some kind of a meaningful amount in order for the outcome to have some kind of potential for meaningfully impacting the person.

You are right because so many people failed to realize the importance of investing on Bitcoin instead they are more focus on working, although I'm not disputing the fact that work is not good but one thing they would need to realize is that there would come a time in there lives when they will no longer have the strength again to continue working and perhaps they will start finding it very difficult to cope including so many other needs that would pressing, so this is actually the right moment for people to set there things right in other for them to have a sustainable live. However is just like the conversation I had with a friend that normally work for one certain company, so he told me that considering the nature of the work and his age that it would be a very wise decision to start diversifying some of his funds to Bitcoin investment for holding so that when the time comes when he Will no longer have the strength or being retired from the work he would have something to rely on, and that's the truth because Bitcoin present a very huge opportunity for people to utilize and become sustainable in the future.

[Samlucky O]

[edited out]

Snip

Some people become more sloppy merely because their BTC are in profits, so all of a sudden they start to consider that they could tap into their BTC or that they do not need an emergency fund, and if shit hits the fan, they could just sell some of their BTC to take care of matters, and sure that is going to work and they are going to make profits, but they also might end up selling way too many bitcoin too soon and never being able to replace the BTC that they sold at a time that was not really of their own choosing, but instead was at a time that they were forced into because they failed/refused to adequately maintain a financial cushion, whether it is called an emergency fund, reserves and/or cash floats.

Sorry for my late response to your reply on this my comments with @neobanks. am glad you explained in detail for clarity. This analysis you have made is a clear and presise explanation that need not to ponder upon by marking it vigorous, cumbersome or contradictory. Anybody who take advantage of his accumulated emergency fund, by using or Investing it on bitcoin may surely end up selling it when emergency occur and may still sell his Bitcoin to get back the emergency fund. And one funny thing is that selling it is never the problem but it will open a way of frequent selling because your mind will always be there. One thing about human is that when ever they start something it becomes difficult to stop because their mind will always be there having that notion that I still have my profite on Bitcoin so I can sell at any given time and you may end up not having an emergency fund any more. Thats why it is good to set aside the emergency fund to avoid anything that will Leed to touching btc. Infact btc HODLing is not sorpos to to be even sold for any reason other than the expected time of harvest just like a farmer will plant a seed and allow it to germinate till time of harvest, if not matured, no need for harvest otherwise you harvest prematurely that is why we should totally avoid any thing that will make us sell when the time is not yet right.

3-6 months of an emergency fund is a good general framework that is always maintained and only used for emergencies, and the reason that it is always able to be maintained is because you will also have other funds, such as reserve funds that you can spend from and if you happen to spend from some of your emergency funds, then you work towards immediately replenishing those funds to be prepared for if an actual emergency comes after you had spent from those emergency funds.

At some point I was a little bit not clear but this last part of your post solved it all. The aspect I mean is the aspect of the emergency and reserved fund and the 3 to 6 months time frame of emergency fund. That is to say one may surely need to have a seperate fund set aside for emergency fund. The emergency fund may be accumulated withing the time time frame of 3,6, 7 or 8 months depending on individual differences, and after which the person may decide to work on reserved fund on a regular basis. The reserve fund functions as a multi porpos fund which can be used to invest on bitcoin and also used in replacement of used emergency fund just like a middle man between the both party. I really understand the concept.i was thinking emergency fund could serve as a reserve fund altogether but thanks for your clarity.

[teamsherry]

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.[\b]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

Ultimately it is good for each of us to get our priorities straight, including that a lot of people fail/refuse to invest, and maybe they do not have opportunities to invest, so they may end up working their whole lives without really being able to stop because they don't have enough money to be able to stop or even to slow down without suffering from their lack of any kind of meaningful nestegg.

Bitcoin provides an opportunity for anyone and everyone to invest, even with a relatively small amount, but like you suggest Sim_card, there should be some kind of a meaningful amount in order for the outcome to have some kind of potential for meaningfully impacting the person.

You are right because so many people failed to realize the importance of investing on Bitcoin instead they are more focus on working, although I'm not disputing the fact that work is not good but one thing they would need to realize is that there would come a time in there lives when they will no longer have the strength again to continue working and perhaps they will start finding it very difficult to cope including so many other needs that would pressing, so this is actually the right moment for people to set there things right in other for them to have a sustainable live. However is just like the conversation I had with a friend that normally work for one certain company, so he told me that considering the nature of the work and his age that it would be a very wise decision to start diversifying some of his funds to Bitcoin investment for holding so that when the time comes when he Will no longer have the strength or being retired from the work he would have something to rely on, and that's the truth because Bitcoin present a very huge opportunity for people to utilize and become sustainable in the future.

Most persons realise this so late that investing is such a fail safe if thigns go wrong, and an asset like bitcoin that is so easy to invest in and if not the best asset right now to invest in, IMO even if they don't start start early to invest in bitcoin and they could still reach a state of having a very good stash in bitcoin if they are consistent enough and have a huge income that would allow for good allocations maybe about 25% minimum since the are so late in cause an allocation like 10% isn't bad but to reach a considerable amount of bitcoin and stash they would need to go a little bit aggressive to meet up with the time they have left and such decisions of how aggressive a person close to retirement should go or is at retirement should go is still want I don't have well figured cause I don't know his numbers and how much he is able to give out to investing without having to later sell all his allocations even before he has reached his appointed time for allocations.