Buy the DIP, and HODL!

[Tmoonz]

That's what I always tell newbies, rather than thinking about investing in Bitcoin with big money, is it not much better to start up a DCA method of investment than waiting until one has big money or trying to invest in shitcoin because they believe that, with small money, it will give them profits than Bitcoin if the market soars. However, many people have had this kind of mentality for long and it makes me feel bad about it, in the sense that, you leave the king of crypto to invest in shitcoin that can't stay up to a decade and it becomes a forgotten coin that once existed in the cryptosphere.

We don't have to advise them to use DCA or other strategies but what we should suggest is if they can hold Bitcoin for a long period of time. It's up to them whether they want to start buying all at once or use DCA, but the important thing is that they can refrain from selling because holding Bitcoin for a long time certainly requires patience and also requires a strong mentality.

People generally have their own perceptions of investing in bitcoin, some start with a larger level in the early stages, some start with a lower level. Of course everyone wants to invest in Bitcoin because they target profits in their investment and that is quite natural, but can they Hold and that is the key to success for them.

Yeah, in as much as I agree with you that every investor have the right to make that inform decision on choice of strategy to be use which is to be in terms of their financial situation, risk tolerance level, investment goals and objectives, I don't think if there is anything wrong advising  a newbie on the choice of strategies because it is only an advice and no one will force it on then it will be their decision to take the advice or not in terms of their financial situation, risk tolerance level, investment goals and objectives. However, newbies are mostly adviced to be very knowledgeable about the dca strategy because it gives that flexibility of being in the market with basic knowledge while they tend to learn more as they go up.

[JayJuanGee]

[edited out

Here if you want to send bitcoins to exchanges then you must definitely pay the cost, and you can complete the transaction according to your mempool which will be of great benefit.  Because Bitcoin Mempool is so important that they provide the right information at the right time, there is no doubt that you will benefit from using it.  If you use Mempool then you will save your time and be able to do Bitcoin transactions properly and you can benefit from every aspect.

Even if you believe that you know how to read the mempool or to use wallet transaction fee estimators, you still might end up making mistakes in regards to sending transactions with fees that are either too high or too low.

Look at back ups of the mempool here.
https://jochen-hoenicke.de/queue/#BTC,2d,weight

Look at recent transaction fees of past blocks and estimated future blocks here.
https://mempool.space/block/0000000000000000000056d52cddba7e1a85162b0d188400cafff6211354c8a8

[KupaCrypto]

And maybe because there are some shitcoins that are tempting, but if you don't do a thorough analysis and don't do it well and don't follow it from the start it will be in vain and very risky.

Come on mate, there are no amounts of researches that can be convincing enough to get involved in shitcoins, they are just there for distractions, Bitcoin has proven to be the best in all ramifications and there is no way we can make any form of comparisons or make it looks like Bitcoin irrespective of the level of researches and analysis. Don't forget that supply has a major role to play in the market, Bitcoin has a limited supply of only 21million,  Bitcoin stability and entrepreneurship are far better than any other coins or is it about it's network effects and security Bitcoin are far better than then all,  but however as JJG will always say that don't do more than 10% involvement in to shit coins as compared to the size of your Bitcoin investment which is a very nice advice at that. There is no degree of researches and analysis that will make shitcoins involvement any less risky as when compared with Bitcoin.

Even though shitcoins only exist to divert attention, they have given people the opportunity to own Bitcoin by trading Bitcoin altcoin pairs or stable coins so they can buy Bitcoin. However, Bitcoin has proven to be the best compared to altcoins, so Bitcoin is still someone's main investment target.

They can use shitcoins only for smaller portions or for daily trading while they invest in Bitcoin by accumulating it using DCA. They can use the profits from trading altcoin pair Bitcoin or stablecoins to buy Bitcoin. That is one way to own Bitcoin, and it can also be used to carry out the DCA method.

But we have to remember that using shitcoins has a big risk because we don't know which shitcoins can provide profits, even though we can analyze them one by one. Not many shitcoins are able to survive for a long time while Bitcoin has proven to be able to survive for a long time.

I can't agree with you on this, shitcoins are risky to indulge in and I don't see how that is a good and reasonable opportunity to get profit from to invest in bitcoin, this is really gambling and as we know it gambling can be addictive and yeah someone might be delusional thinking that if he invest in shitcoins or trades it he would use the profit to invest in Bitcoin, he might also likely chose to continue in that path of getting quick profits and eventually wreak himself.

I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

I won't be advising anyone who is just starting out his investment journey to be induging in this kind of activities cause it could be a major distraction for him and also wreak him if not careful, a better advice would be stay away from shitcoins and focus on building a solid portfolio with bitcoin and if you hold for long term you could well get even more profits than you could have made from investing or trading shitcoins, although they is no accurate guarantee that it might work out, but least it has a better chance than any shitcoin.

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

[Justbillywitt]

That's what I always tell newbies, rather than thinking about investing in Bitcoin with big money, is it not much better to start up a DCA method of investment than waiting until one has big money or trying to invest in shitcoin because they believe that, with small money, it will give them profits than Bitcoin if the market soars. However, many people have had this kind of mentality for long and it makes me feel bad about it, in the sense that, you leave the king of crypto to invest in shitcoin that can't stay up to a decade and it becomes a forgotten coin that once existed in the cryptosphere.

We don't have to advise them to use DCA or other strategies but what we should suggest is if they can hold Bitcoin for a long period of time. It's up to them whether they want to start buying all at once or use DCA, but the important thing is that they can refrain from selling because holding Bitcoin for a long time certainly requires patience and also requires a strong mentality.

People generally have their own perceptions of investing in bitcoin, some start with a larger level in the early stages, some start with a lower level. Of course everyone wants to invest in Bitcoin because they target profits in their investment and that is quite natural, but can they Hold and that is the key to success for them.

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected. Let's say he invested with $2k using DCA and there is a decline in market and his capital hit around $1,500 the newbie will continue holding because he is not seeing a big difference from his initial capital and the balance. Therefore it is important to properly equipped newbies with all the necessary information and tools they will need at the very beginning of their investments journey. If you don't properly equipped them, they are prone to make mistake. Many of us would have avoided some mistakes we made at the earlier stage of our investment journey if we knew about DCA method of investment. Let's not leave newbies to their investments method choices when it comes to investing in bitcoin. Tell them to follow the DCA method it will benefit them on the long run and they will appreciate you for that in due time.

[JiiBs]

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

Even if you believe that you know how to read the mempool or to use wallet transaction fee estimators, you still might end up making mistakes in regards to sending transactions with fees that are either too high or too low.

What I could get from these is that, not knowing how to interpret the mempool isn’t the only cause for wrong transaction fees. There could be other factors too like, technical failures, wallets that works in a range (that wouldn’t be a mistake would it) and more.

[Tmoonz]

And maybe because there are some shitcoins that are tempting, but if you don't do a thorough analysis and don't do it well and don't follow it from the start it will be in vain and very risky.

Come on mate, there are no amounts of researches that can be convincing enough to get involved in shitcoins, they are just there for distractions, Bitcoin has proven to be the best in all ramifications and there is no way we can make any form of comparisons or make it looks like Bitcoin irrespective of the level of researches and analysis. Don't forget that supply has a major role to play in the market, Bitcoin has a limited supply of only 21million,  Bitcoin stability and entrepreneurship are far better than any other coins or is it about it's network effects and security Bitcoin are far better than then all,  but however as JJG will always say that don't do more than 10% involvement in to shit coins as compared to the size of your Bitcoin investment which is a very nice advice at that. There is no degree of researches and analysis that will make shitcoins involvement any less risky as when compared with Bitcoin.

Even though shitcoins only exist to divert attention, they have given people the opportunity to own Bitcoin by trading Bitcoin altcoin pairs or stable coins so they can buy Bitcoin. However, Bitcoin has proven to be the best compared to altcoins, so Bitcoin is still someone's main investment target.

They can use shitcoins only for smaller portions or for daily trading while they invest in Bitcoin by accumulating it using DCA. They can use the profits from trading altcoin pair Bitcoin or stablecoins to buy Bitcoin. That is one way to own Bitcoin, and it can also be used to carry out the DCA method.

But we have to remember that using shitcoins has a big risk because we don't know which shitcoins can provide profits, even though we can analyze them one by one. Not many shitcoins are able to survive for a long time while Bitcoin has proven to be able to survive for a long time.

I can't agree with you on this, shitcoins are risky to indulge in and I don't see how that is a good and reasonable opportunity to get profit from to invest in bitcoin, this is really gambling and as we know it gambling can be addictive and yeah someone might be delusional thinking that if he invest in shitcoins or trades it he would use the profit to invest in Bitcoin, he might also likely chose to continue in that path of getting quick profits and eventually wreak himself.

I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

I won't be advising anyone who is just starting out his investment journey to be induging in this kind of activities cause it could be a major distraction for him and also wreak him if not careful, a better advice would be stay away from shitcoins and focus on building a solid portfolio with bitcoin and if you hold for long term you could well get even more profits than you could have made from investing or trading shitcoins, although they is no accurate guarantee that it might work out, but least it has a better chance than any shitcoin.

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

That is not the best way out mate, and it will be very wrong generalizing Bitcoin functionality along side with shitcoins, and also considering the fact that is a Bitcoin discussion thread, Bitcoin stability and entrepreneurship are far better than any other coins. In as much as it is good to buy when there is a price drop from it's previous high it doesn't make much of the different as it is not much about when you bought, what is most important is how persistent you can be able to hodl, buying when there is a drop in price (dip)should only be seen as an added advantage of buying more Bitcoin at lower price, however buying the dip shouldn't be a strategy to only rely on  just as you have made it very obvious that your take on this is buy when there is a drop in price, it is a wrong approach because when you only rely on buying when there is price drop and after making purchases and the price ketp dipping further you might be in great panic that might make you to even sell at lost just for you not to loss completely instead of hodling but with your DCA strategy you can be able to make purchases irrespective of price either weekly or monthly. It is best to have a better plans and  arrangements towards things that may or may not happen in other to maximizing every opportunities that shows it's self in the market. The price you are seeing today as a high price will still be seen as a dip tomorrow so there is no point relying on buying only when there is a price drop.

Don't be carried away and overly allocate your funds in shitcoins if that is even necessary or equating the size of your Bitcoin with shitcoin, Bitcoin holds a solid foundation and can never in any way be compared with other coins hence the reason why @JayjuanGee will always advice that don't do any more than 10% involvement in to shitcoins as compared to the size of your Bitcoin investment. I hope i don't need to remind you that shitcoins performance solely depends on Bitcoin so probably you should know what you are doing or even saying.

[laijsica]

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

In many cases you can lose big and gain in market ups and downs it depends on opportunity and timing. Actually you can't buy BTC cheaply even if you want to even though you have keeping DCA strategy enabled. You may not have enough money on hand during the bearish BTC price trend in the middle of the month but you have the potential to buy at the end of the month. One claim of this market trend is to regularize the long-term DCA strategy, because when you buy BTC on a regular basis for a long time on a monthly basis the extra money ends up with household expenses. In 5-10 years you can own a large BTC portfolio and one benefit of keeping DCA strategy in parallel with daily household expenses. Here you should aim to carry out DCA on a regular basis regardless of the prices between months or years, making it much easier to stay free from trading pressure.

[teamsherry]

[edited out]

......I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

Exactly!!! Investing into shitcoins - and/or trying to trade for the purpose of generating capital in order to invest (or accumulate) bitcoin is such a slippery slope that we can question the extent to which those kinds of folks are delusional in terms of their supposed abilities to actually make progress in stacking sats rather than ongoingly putting their capital at risk which sooner or later is likely to bite them in the ass, especially if they attribute skill to luck and don't really know how to employ sound practices to ensure that they are sufficiently/adequately hedging their bets, which is not easy to accomplish even for folks who spend a lot of time developing various kinds of trading skills/practices.

Your right about this, people often seek the easy way out and don't realize that they are just fooling themselves, how can anyone think that trading with his capital would be a good means to generate profits to invest in bitcoin, when it would rather be more better that they just starting buying bitcoin which is a more safer option. Trading it self is just like placing a bet or a gamble, the outcomes are never predictable and in the process of trying to get profit you could also lose everything and if you had bought Bitcoin with that money it would have already started working for you.

There are so many flaws to this plan of trading to get profits to invest in bitcoin;

• You could be stuck in a win and lose cycle and have never even realised any profits for bitcoin or you would be busy trying to recover from you lose and never invest in bitcoin.
• There are possibilities that you would start using your bitcoin investment(if you are able to invest any )as a back up funds to replace loses in trading with the delution that you would get it back and eventually becomes a habit.
• You would miss out on countless opportunities to buy bitcoin maybe cause you are losing in trading.
• You would never be able to maximise the power of DCA cause there are possibilities that you have already used the money for bitcoin purchase to trade again.

In general trading is a risky solution in its own and its not a good idea to mix it up with investing in bitcoin or as a source of income, and it takes years or some people never even reach the level of professional traders to be able to have a good risk management to hedging thier capital, and a newbie should never indulge in trading with his money no matter how sugar coated they make it sound as tho its so profitable, and more over you might not be ready or have a good financial mentality to have a good balance with these practices, buy bitcoin and hold newbies, leave trading out of your accumulation plan.

[Justbillywitt]

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

In many cases you can lose big and gain in market ups and downs it depends on opportunity and timing. Actually you can't buy BTC cheaply even if you want to even though you have keeping DCA strategy enabled. You may not have enough money on hand during the bearish BTC price trend in the middle of the month but you have the potential to buy at the end of the month. One claim of this market trend is to regularize the long-term DCA strategy, because when you buy BTC on a regular basis for a long time on a monthly basis the extra money ends up with household expenses. In 5-10 years you can own a large BTC portfolio and one benefit of keeping DCA strategy in parallel with daily household expenses. Here you should aim to carry out DCA on a regular basis regardless of the prices between months or years, making it much easier to stay free from trading pressure.

The aim of DCA is not buy bitcoin cheaply, rather it is aimed at reducing the impact of market fluctuation on our capital invested. If you are buying through DCA, you will meet the market at different prices, sometimes lower sometimes higher. You are not concerned about bearish trend or bullish trend, you buy at the intervals which you have already programmed yourself. Mind you DCA method doesn't only apply on monthly basis, it can be done weekly, or interval of days as well depending on how you programmed yourself to buy. So don't stick to the idea of monthly alone. There's something I also noticed in your post and like me clear it out, don't ever put the money for your household and investment together, that's not a good idea. You should always separate them from source. Know your percentage for investment before investing.

[Dorkylickjj]

And maybe because there are some shitcoins that are tempting, but if you don't do a thorough analysis and don't do it well and don't follow it from the start it will be in vain and very risky.

Come on mate, there are no amounts of researches that can be convincing enough to get involved in shitcoins, they are just there for distractions, Bitcoin has proven to be the best in all ramifications and there is no way we can make any form of comparisons or make it looks like Bitcoin irrespective of the level of researches and analysis. Don't forget that supply has a major role to play in the market, Bitcoin has a limited supply of only 21million,  Bitcoin stability and entrepreneurship are far better than any other coins or is it about it's network effects and security Bitcoin are far better than then all,  but however as JJG will always say that don't do more than 10% involvement in to shit coins as compared to the size of your Bitcoin investment which is a very nice advice at that. There is no degree of researches and analysis that will make shitcoins involvement any less risky as when compared with Bitcoin.

Even though shitcoins only exist to divert attention, they have given people the opportunity to own Bitcoin by trading Bitcoin altcoin pairs or stable coins so they can buy Bitcoin. However, Bitcoin has proven to be the best compared to altcoins, so Bitcoin is still someone's main investment target.

They can use shitcoins only for smaller portions or for daily trading while they invest in Bitcoin by accumulating it using DCA. They can use the profits from trading altcoin pair Bitcoin or stablecoins to buy Bitcoin. That is one way to own Bitcoin, and it can also be used to carry out the DCA method.

But we have to remember that using shitcoins has a big risk because we don't know which shitcoins can provide profits, even though we can analyze them one by one. Not many shitcoins are able to survive for a long time while Bitcoin has proven to be able to survive for a long time.

I can't agree with you on this, shitcoins are risky to indulge in and I don't see how that is a good and reasonable opportunity to get profit from to invest in bitcoin, this is really gambling and as we know it gambling can be addictive and yeah someone might be delusional thinking that if he invest in shitcoins or trades it he would use the profit to invest in Bitcoin, he might also likely chose to continue in that path of getting quick profits and eventually wreak himself.

I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

I won't be advising anyone who is just starting out his investment journey to be induging in this kind of activities cause it could be a major distraction for him and also wreak him if not careful, a better advice would be stay away from shitcoins and focus on building a solid portfolio with bitcoin and if you hold for long term you could well get even more profits than you could have made from investing or trading shitcoins, although they is no accurate guarantee that it might work out, but least it has a better chance than any shitcoin.

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

Your take on this isn't right at all and carry a lot of misleading information, how can you advice someone to invest in shitcoins just bacuse we can't predict the future, shitcoins are too risky to indulge in and consider putting someone's life savings in it is an even worse idea. You can't compare shitcoins to bitcoin in any way, investing in bitcoin is more safer than investing in shitcoins, you should better stay away from shitcoins unless your ready to lose all your holdings to it.

Yeah you might be right about the uncertainty with investment, but let me make this clear, would you rather invest in something that has more probability of working out or gamble with something that you can't even tell if it woudl survive the next day. The reason why we still allocate some level of uncertainty to bitcoin is because we Don want to sound too optimistic about it and yeah life can happen and it can affect bitcoin too and the lowest possibility of investing in bitcoin is your investment not giving you any returns or returning to zero and that's why we rather invest with our disposable income, but but the same time no one wants to invest in any thign without some expectation of profits, and bitcoin historically have a good background so it's a better bet than any shitcoin.

[Taskford]

[edited out]

......I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

Exactly!!! Investing into shitcoins - and/or trying to trade for the purpose of generating capital in order to invest (or accumulate) bitcoin is such a slippery slope that we can question the extent to which those kinds of folks are delusional in terms of their supposed abilities to actually make progress in stacking sats rather than ongoingly putting their capital at risk which sooner or later is likely to bite them in the ass, especially if they attribute skill to luck and don't really know how to employ sound practices to ensure that they are sufficiently/adequately hedging their bets, which is not easy to accomplish even for folks who spend a lot of time developing various kinds of trading skills/practices.

Your right about this, people often seek the easy way out and don't realize that they are just fooling themselves, how can anyone think that trading with his capital would be a good means to generate profits to invest in bitcoin, when it would rather be more better that they just starting buying bitcoin which is a more safer option. Trading it self is just like placing a bet or a gamble, the outcomes are never predictable and in the process of trying to get profit you could also lose everything and if you had bought Bitcoin with that money it would have already started working for you.

There are so many flaws to this plan of trading to get profits to invest in bitcoin;

• You could be stuck in a win and lose cycle and have never even realised any profits for bitcoin or you would be busy trying to recover from you lose and never invest in bitcoin.
• There are possibilities that you would start using your bitcoin investment(if you are able to invest any )as a back up funds to replace loses in trading with the delution that you would get it back and eventually becomes a habit.
• You would miss out on countless opportunities to buy bitcoin maybe cause you are losing in trading.
• You would never be able to maximise the power of DCA cause there are possibilities that you have already used the money for bitcoin purchase to trade again.

In general trading is a risky solution in its own and its not a good idea to mix it up with investing in bitcoin or as a source of income, and it takes years or some people never even reach the level of professional traders to be able to have a good risk management to hedging thier capital, and a newbie should never indulge in trading with his money no matter how sugar coated they make it sound as tho its so profitable, and more over you might not be ready or have a good financial mentality to have a good balance with these practices, buy bitcoin and hold newbies, leave trading out of your accumulation plan.

They are just making theirselves playing on fire where they are not really so sure if they can able to earn a profit there.  And instead of earning some extra cash from those shitcoins they could potentially lose all especially if they think to take revenge and use their bitcoin holdings to invest back for thinking that they can earn back all of their losses. They might go on chasing profits or capital if that case happen and this is really bad for those investors if they came into that point. So much really better for them if they want smooth flow is to invest directly on bitcoin and never try to get hype with those shitcoin investment since they are just creating a messed for their selves.

Although there are lucky person who earn huge from those shitcoins but not all can earn the same fate with them. Usually there's a lot of people lose all their money because they got FOMO and caught up with the dump.

People should consider your invest so that they would have stress free investment and just find alternative works(freelance jobs) which can help them earn bitcoin then from that they can have extra funds to buy bitcoin again.

Trading is really risky so they should not think about mixed it up especially if they are thinking to grab those shitcoins since this is just a waste of time for bitcoin investors.

[Tmoonz]

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

In many cases you can lose big and gain in market ups and downs it depends on opportunity and timing. Actually you can't buy BTC cheaply even if you want to even though you have keeping DCA strategy enabled. You may not have enough money on hand during the bearish BTC price trend in the middle of the month but you have the potential to buy at the end of the month. One claim of this market trend is to regularize the long-term DCA strategy, because when you buy BTC on a regular basis for a long time on a monthly basis the extra money ends up with household expenses In 5-10 years you can own a large BTC portfolio and one benefit of keeping DCA strategy in parallel with daily household expenses. Here you should aim to carry out DCA on a regular basis regardless of the prices between months or years, making it much easier to stay free from trading pressure.

That is shitcoin way of talking, and your expressions are some worth contradictory and you really need to figure out what you are saying,
It doesn't take thousands of dollars to start investing in Bitcoin you  can be buying in fractions you must not buy a whole Bitcoin, and you have to figure out when you have to make purchases with you DCA whether weekly or monthly considering your financial situation,

Your Bitcoin investment don't have to be in parallel with your household expenses rather your investment should depend on how much of discretional/disposable income you have, after taking care of your basic needs, and making provisional emergency, reserved and float funds, in other to have a smooth running of your investment without selling it to solve family problem when your investment has not matured enough.

[laijsica]

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

In many cases you can lose big and gain in market ups and downs it depends on opportunity and timing. Actually you can't buy BTC cheaply even if you want to even though you have keeping DCA strategy enabled. You may not have enough money on hand during the bearish BTC price trend in the middle of the month but you have the potential to buy at the end of the month. One claim of this market trend is to regularize the long-term DCA strategy, because when you buy BTC on a regular basis for a long time on a monthly basis the extra money ends up with household expenses In 5-10 years you can own a large BTC portfolio and one benefit of keeping DCA strategy in parallel with daily household expenses. Here you should aim to carry out DCA on a regular basis regardless of the prices between months or years, making it much easier to stay free from trading pressure.

That is shitcoin way of talking, and your expressions are some worth contradictory and you really need to figure out what you are saying,
It doesn't take thousands of dollars to start investing in Bitcoin you  can be buying in fractions you must not buy a whole Bitcoin, and you have to figure out when you have to make purchases with you DCA whether weekly or monthly considering your financial situation,

Your Bitcoin investment don't have to be in parallel with your household expenses rather your investment should depend on how much of discretional/disposable income you have, after taking care of your basic needs, and making provisional emergency, reserved and float funds, in other to have a smooth running of your investment without selling it to solve family problem when your investment has not matured enough.

As you have extra money to invest in Bitcoin, you are going parallel to meeting the needs of the family. It is a form of your wealth which manifests itself in DCA strategies. It is clear in my writing that it does not require a lot of money to implement. If you have $3k monthly income, the cost for your family is $2k the rest of the money you can invest in Bitcoin or others additional expenses and all elements are continuing parallel. DCA investment is a universal matter, it is not necessary to have a lot of money, it is a topic discussed many times. Since my income is on a monthly basis, I have highlighted the monthly investment, you can invest in this strategy daily if you want. It is entirely up to you.

[Miles2006]

That's what I always tell newbies, rather than thinking about investing in Bitcoin with big money, is it not much better to start up a DCA method of investment than waiting until one has big money or trying to invest in shitcoin because they believe that, with small money, it will give them profits than Bitcoin if the market soars. However, many people have had this kind of mentality for long and it makes me feel bad about it, in the sense that, you leave the king of crypto to invest in shitcoin that can't stay up to a decade and it becomes a forgotten coin that once existed in the cryptosphere.

We don't have to advise them to use DCA or other strategies but what we should suggest is if they can hold Bitcoin for a long period of time. It's up to them whether they want to start buying all at once or use DCA, but the important thing is that they can refrain from selling because holding Bitcoin for a long time certainly requires patience and also requires a strong mentality.

People generally have their own perceptions of investing in bitcoin, some start with a larger level in the early stages, some start with a lower level. Of course everyone wants to invest in Bitcoin because they target profits in their investment and that is quite natural, but can they Hold and that is the key to success for them.

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected. Let's say he invested with $2k using DCA and there is a decline in market and his capital hit around $1,500 the newbie will continue holding because he is not seeing a big difference from his initial capital and the balance. Therefore it is important to properly equipped newbies with all the necessary information and tools they will need at the very beginning of their investments journey. If you don't properly equipped them, they are prone to make mistake. Many of us would have avoided some mistakes we made at the earlier stage of our investment journey if we knew about DCA method of investment. Let's not leave newbies to their investments method choices when it comes to investing in bitcoin. Tell them to follow the DCA method it will benefit them on the long run and they will appreciate you for that in due time.

I believe when you're referring to the information you're actually talking about the basic knowledge of bitcoin and from my opinion dca strategy is not just the only information a newbie must learn but it's advisable newbies invest using the dca strategy at first. As seen in this thread, dca strategy is so common and is for everyone who choose to invest using the dca strategy, not just for newbies, low salary earner etc but it's a strategy use to accumulate bitcoin. Basic knowledge like knowing how to plan cause from my view planning matters a lot cause when the foundation is weak the building will definitely fall down so my first thought will be on planning, if you're the type that accumulate using monthly salary you must list out your planning method like emergency funds, need, or reserve funds before going ahead to buy. Lastly when you keep talking about the decline or price makes it sound as if you don't trust the investment, panic should come when you're dealing with shitcoins not bitcoin

[JayJuanGee]

Even if you believe that you know how to read the mempool or to use wallet transaction fee estimators, you still might end up making mistakes in regards to sending transactions with fees that are either too high or too low.

What I could get from these is that, not knowing how to interpret the mempool isn’t the only cause for wrong transaction fees. There could be other factors too like, technical failures, wallets that works in a range (that wouldn’t be a mistake would it) and more.

We might not always know about how to attempt to make reasonable transaction fees without some amount of practice and getting to know whatever wallets that we might be using, including attempting to understand differences between exchanges (and/or third parties) in which we might hold some coins.

Of course, many of us wish for greater user-friendliness through the years and perhaps more tools that might either help us to figure out these matters or maybe the wallets themselves might have built in protections - and frequently it can end up being frustrated if a transaction is stuck for a long time, and maybe more frustrating if we figure out that it was stuck due to some kind of a simple error that we might have had made.. or on the other hand, maybe we get frustrated if we pay multiple times the fees that we could have otherwise spent due to our own errors.

I am not completely sure about the solutions, but it does seem to be the case that some folks are going to end up being surprised if they have a whole bunch of small UTXOs and they end up being expensive to spend in the future, so they end up having less value in bitcoin than they had previously thought, which might be partly due to their own ignorance regarding how fees are currently calculated or how they might be calculated in the future.

There also might be solutions in the future, but I would be careful about potentially being sloppy now, and expecting solutions in the future that might not end up coming.

[Troytech]

And maybe because there are some shitcoins that are tempting, but if you don't do a thorough analysis and don't do it well and don't follow it from the start it will be in vain and very risky.

Come on mate, there are no amounts of researches that can be convincing enough to get involved in shitcoins, they are just there for distractions, Bitcoin has proven to be the best in all ramifications and there is no way we can make any form of comparisons or make it looks like Bitcoin irrespective of the level of researches and analysis. Don't forget that supply has a major role to play in the market, Bitcoin has a limited supply of only 21million,  Bitcoin stability and entrepreneurship are far better than any other coins or is it about it's network effects and security Bitcoin are far better than then all,  but however as JJG will always say that don't do more than 10% involvement in to shit coins as compared to the size of your Bitcoin investment which is a very nice advice at that. There is no degree of researches and analysis that will make shitcoins involvement any less risky as when compared with Bitcoin.

Even though shitcoins only exist to divert attention, they have given people the opportunity to own Bitcoin by trading Bitcoin altcoin pairs or stable coins so they can buy Bitcoin. However, Bitcoin has proven to be the best compared to altcoins, so Bitcoin is still someone's main investment target.

They can use shitcoins only for smaller portions or for daily trading while they invest in Bitcoin by accumulating it using DCA. They can use the profits from trading altcoin pair Bitcoin or stablecoins to buy Bitcoin. That is one way to own Bitcoin, and it can also be used to carry out the DCA method.

But we have to remember that using shitcoins has a big risk because we don't know which shitcoins can provide profits, even though we can analyze them one by one. Not many shitcoins are able to survive for a long time while Bitcoin has proven to be able to survive for a long time.

I can't agree with you on this, shitcoins are risky to indulge in and I don't see how that is a good and reasonable opportunity to get profit from to invest in bitcoin, this is really gambling and as we know it gambling can be addictive and yeah someone might be delusional thinking that if he invest in shitcoins or trades it he would use the profit to invest in Bitcoin, he might also likely chose to continue in that path of getting quick profits and eventually wreak himself.

I don't know if you were trying to say that if we must indulge in shitcoins that it should be at most 5-10% of our portfolio and this was only suggested for those that can't bear to stay away from shitcoins and at times people can't control themselves and would also want to invest more and more until they may find themselves investing more to shitcoins than even Bitcoin.

I won't be advising anyone who is just starting out his investment journey to be induging in this kind of activities cause it could be a major distraction for him and also wreak him if not careful, a better advice would be stay away from shitcoins and focus on building a solid portfolio with bitcoin and if you hold for long term you could well get even more profits than you could have made from investing or trading shitcoins, although they is no accurate guarantee that it might work out, but least it has a better chance than any shitcoin.

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

Bro your stuck with a wrong mentality and perspective here and you need to fix it, how would you find it as a safe idea to hold shitcoins that doesn't even have any possibilities of staying long and can fall even lower than the price you bought them, wait a little I think your confusing what investing is and gambling.

Although you are right that we can't predict future outcomes of anything, but we can sure make the right decisions based on facts.

Investing can be seen as putting your money in an asset that has a more likelihood of giving returns or doing well than others, its just beign smart, can you buy a car and keep it in your garage and expect to see it higher than you bought it ? No, and this is because it is a liability and can not produce any dividend or gain value over time.
Gambling on the other hand is just placing bets on the uncertain outcome of anything, you know its risky and has a very little chance of occurring or higher and then you choose to put some money in it with hopes of a good outcome.
Now you feel that investing in shitcoins and bitcoin are the same thign because we can't predict their future which is  wrong cause you can't even compare shitcoins and bitcoin in any way and we don't make decisions based on such, bitcoin has a more likelihood of doing well than any shitcoin and for the past 14 years it has been doing well and yeah we can make decisions based on this fact, but shitcoins has a history of beign scam and crashing.

And moreover we are investing with money we won't miss and what ever outcome that comes out of it we won't be in a lose, but yeah we have more chance of getting profits than any other person that invests in shitcoins.

I won't be advising anyone who is just starting out his investment journey to be induging in this kind of activities cause it could be a major distraction for him and also wreak him if not careful,

That is part of the problem of the nutjob folks advising trading.  They try to present trading as if it were either a sure thing or as if it were a great place to spend time, energies and resources, and even though I am not opposed to ideas of guys learning new skills; hopefully they do not get so lured into beliefs that trading (and/or getting involved in shitcoins) is a good way to spend their time, energies and values rather than approaching their bitcoin from a more realistic perspective that has way greater chances of building value with the passage of time and ongoingly investing time, energies and value into bitcoin.. and yeah none of it is guaranteed, so each of us has to figure out our own balances... and hopefully we don't end up being either too dumb and/or greedy in our own ways of reaching our personal balances.

People tend to want a faster way of making money and would love any scheme that would offer them such possibilities( which would be trading/gambling, or investing in shitcoins ), and they don't even realise that trading is even more risky in terms of giving you success than building up your bitcoin portfolio, and why I also disregard the idea of trading/gaming with shitcoins is that folks end up losing much capital to such practices and at the end of the day they would end up with regrets.

[I_Anime]

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

Most things you are just saying Is off mate. FYI we don't have to wait For any drop in price before thinking of accumulating, this bitcoin we taking about, well I guess the reason you have such mentality is due to the fact that you have been In to shitcoins for so long which is bad ( and your post says it all). There's reason why DCA strategy is there for us to make use of. It gives us the chances to purchase bitcoin at any price interval. And I won't advice to use such strategy in shitcoins so that you won't endup getting self reckt so badly , because the risk in shitcoins are just so much , so please try to reduce such urge in investing in and focus mainly on your bitcoin accummulation to be in more safer side . I hope in that part that I bold when you mentioned coins , hope you talking about bitcoin so that you won't endup misleading newbies in investing in some shitty shitcoins.

[adultcrypto]

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

Most things you are just saying Is off mate. FYI we don't have to wait For any drop in price before thinking of accumulating, this bitcoin we taking about, well I guess the reason you have such mentality is due to the fact that you have been In to shitcoins for so long which is bad ( and your post says it all). There's reason why DCA strategy is there for us to make use of. It gives us the chances to purchase bitcoin at any price interval. And I won't advice to use such strategy in shitcoins so that you won't endup getting self reckt so badly , because the risk in shitcoins are just so much , so please try to reduce such urge in investing in and focus mainly on your bitcoin accummulation to be in more safer side . I hope in that part that I bold when you mentioned coins , hope you talking about bitcoin so that you won't endup misleading newbies in investing in some shitty shitcoins.

You seem too committed to the DCA method that you tend to have forgotten that there is another method of buying called buying the dips. There is nothing wrong with setting aside some funds to buy when price dips and when waiting,  using the DCA method to continue buying without stop and waiting for the dips to buy lump sum. This is a kind of combined method which is very effective. I think most experienced investors apply this method and I recommend the method for anyone who want to fully take advantage of different market conditions. 

[Greyhats]

Most things you are just saying Is off mate. FYI we don't have to wait For any drop in price before thinking of accumulating, this bitcoin we taking about, well I guess the reason you have such mentality is due to the fact that you have been In to shitcoins for so long which is bad ( and your post says it all). There's reason why DCA strategy is there for us to make use of. It gives us the chances to purchase bitcoin at any price interval. And I won't advice to use such strategy in shitcoins so that you won't endup getting self reckt so badly , because the risk in shitcoins are just so much , so please try to reduce such urge in investing in and focus mainly on your bitcoin accummulation to be in more safer side . I hope in that part that I bold when you mentioned coins , hope you talking about bitcoin so that you won't endup misleading newbies in investing in some shitty shitcoins.

You seem too committed to the DCA method that you tend to have forgotten that there is another method of buying called buying the dips. There is nothing wrong with setting aside some funds to buy when price dips and when waiting,  using the DCA method to continue buying without stop and waiting for the dips to buy lump sum. This is a kind of combined method which is very effective. I think most experienced investors apply this method and I recommend the method for anyone who want to fully take advantage of different market conditions. 

I can only talk from personal experience, I used to take this hybrid approach dca and bftd, but when I went back thru my data and calculated the difference from pure dca and this hybrid approach I found it didn’t quite pan out the way you are saying. The main problem encountered and not all the time but most of the time you don’t get the dip properly. It’s very hard to hit the dip without a lot of eyes on glass ie time. Yes you can set orders but then you have to divide up your dip money to guess where it lands and sometimes you have leftovers. Instead of bftd I increase my dca amount for a set period of time and then bring it back to normal levels. For example for the next 4 months I increased my dca amount. In July it will go back to normal levels.

The second problem is outside the blockchain, you got a little nest egg for dips but then things come up trying to nibble on the egg from rl. Yes there lots of strategies to insulate and segment your money but the majority of people don’t have these in place. If you don’t have an emergency fund in place I would not recommend trying to bftd strategy.

I’m absolutely not saying your wrong but in my own experience I keep coming back to the old adage; “Time in the market instead of timing the market” Pure DCA let’s you accumulate methodically and increase your time in the market without any timing requirements.

[I_Anime]

My take on this Is buy when there is a drop in price, hold enough of it , whether Bitcoin or shitcoins, when it comes to crypto space we can't accurately predict the future,  some years ago specifically the early days of BTC one will tell you that holding enough of Bitcoin was risky, but that can't be said of it today, as it has gained more values, the same goes to other shut coins buy when there Is a drop in price, hold as many as you can , and maybe later in future you don't know what will happen,

When Investing in shitcoins you just just invest like a life savings in shitcoins, because you can't predict the future of that shitcoins, but a life savings can be invested in BTC given that the future of Bitcoin is already bright, for newbies DCA strategy can maybe be suggested to them, holding coins for a long term really pays on a long run.

Most things you are just saying Is off mate. FYI we don't have to wait For any drop in price before thinking of accumulating, this bitcoin we taking about, well I guess the reason you have such mentality is due to the fact that you have been In to shitcoins for so long which is bad ( and your post says it all). There's reason why DCA strategy is there for us to make use of. It gives us the chances to purchase bitcoin at any price interval. And I won't advice to use such strategy in shitcoins so that you won't endup getting self reckt so badly , because the risk in shitcoins are just so much , so please try to reduce such urge in investing in and focus mainly on your bitcoin accummulation to be in more safer side . I hope in that part that I bold when you mentioned coins , hope you talking about bitcoin so that you won't endup misleading newbies in investing in some shitty shitcoins.

You seem too committed to the DCA method that you tend to have forgotten that there is another method of buying called buying the dips. There is nothing wrong with setting aside some funds to buy when price dips and when waiting,  using the DCA method to continue buying without stop and waiting for the dips to buy lump sum. This is a kind of combined method which is very effective. I think most experienced investors apply this method and I recommend the method for anyone who want to fully take advantage of different market conditions.  

I'm pretty much aware that they are other nice strategy out There for accumulating bitcoin. But they all have their time ( depending on market conditions)  . For instance you can't just keep waiting for the dip always before one should consider accumulating, So is better for to continue with his DCA purchasing , having some funds set aside (which known as reserved funds) to purchase the dip whenever any occurs. The other way of accumulating are also helpful when it comes to bitcoint accummulation, but being consistent with your DCA is just the best too, and also making use of the other strategy for instance, spreading out your reserved to purchase the dips ( or you can all in at once but still prefer spreading it), have some nice amount of money to spare as a normies you can go all in at once with the use of lump-summing strategy, depending on the market condition, So if  you look at it we are clearly on same page here.