Buy the DIP, and HODL!

[JayJuanGee]

[edited out]

DCA means using an amount maybe $10, $50, $100 or from your discretionary income based on your own case to buy bitcoin regularly weekly or monthly without skipping any one for 4-10 years. While buying at the dip is when an investor keeps his money in fiat and everyday, he is busy watching the chart and bitcoin price hoping to see a dip for him to be able to buy. The annoying thing with these set of investors who do not have enough Bitcoin and is waiting for the dip, always have their own price in which the want bitcoin to fall to be they will buy. So e of them will end up waiting till infinity without buying one Satoshi.

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

The concepts or idea of the lump sum completely has nothing to be talked about in terms of buying the dip, the idea of the lump sum buying has to do with making purchase of Bitcoin with the huge sum that is readily available to be invested right away without considering whether the market condition is in dip or not.

Bro you are wrong here and you tend to sound like you are right. Lump sum still involves buying the dip, it depends on the investor whether he chooses to Lump sum at any time without minding the price of the market or he may choose to Lump sum during the dip. And it is true that the best time to Lump sum is during the dip and then DCA through any market interval. In my own opinion this is the right approach to follow an investment. If there are extra buck that comes in along our investment, we can choose to wait for the dip then and when it comes, we Lump sum as well.

Tmoonz has the right idea.

The mere fact that you have extra money that you are holding aside to buy the dip does not convert that into lump sum, merely because the amount might be larger than your normal buys.

The three main strategies in accumulating bitcoin is DCA, buy the dip and lump sum.  Sure you can combine these strategies and even front load your investment by buying more in the beginning, yet if you really want to attempt to apply strategies in differing ways, sometimes there may well be advantages to understanding the difference between the practices in order to take advantage of such differences, and yeah, whether you know the advantages and disadvantages or not, you can do whatever you like and call it whatever you like, even though you might cause confusion when you are not able to differentiate between what is buying the dip and what is lump sum and what is DCA.

[edited out]

I disagree with your statement because those investors who are accumulating bitcoin with the DCA strategy and also buying the dip will always accumulate more bitcoin than the investors who are only using the DCA strategy to accumulate bitcoin. Just because they are waiting for the dip doesn't mean they will stop accumulating bitcoin with the DCA strategy; they will continue to accumulate bitcoin with the DCA strategy. They have already kept the money to use to buy the dip; they are just waiting for the dip to happen so they can buy bitcoin at a low price. 

You only advantage from holding money aside to buy the dip if the BTC price actually dips. So how could you always advantage from buying the dip if the BTC price does not end up dipping?

I think that another valid point that Chiomaobi was making is that some of the newbies that he knows get so caught up in terms of strategizing whether or not to buy the dip and what is a dip and all that bullshit, so they put themselves into more of a waiting rather than an acting kind of mindset (and practices), so many times it may well end up being a lot better to just act and to continue to buy BTC, even if your average cost per BTC might be higher .. .. and in that regard, you stay in a buying mindset rather than a waiting mindset.. and yeah, sure there could be circumstances in which the waiter will actually get more advantages and end up buying more BTC than the one who regularly buys BTC, but really?  does it make a difference, and maybe it is better to just continue to buy until you get to a certain level of BTC accumulation and then thereafter (when you have accumulated a decent amount of BTC) begin to strategize about buying dips rather than just buying regularly, persistently and consistently in your earlier BTC accumulation stages.

Sure in the end, guys can do whatever they like in terms of figuring out the extent they might be advantaged by holding some money aside to buy dips or just to buy BTC regularly no matter the price.

The concepts or idea of the lump sum completely has nothing to be talked about in terms of buying the dip, the idea of the lump sum buying has to do with making purchase of Bitcoin with the huge sum that is readily available to be invested right away without considering whether the market condition is in dip or not.

Bro you are wrong here and you tend to sound like you are right. Lump sum still involves buying the dip, it depends on the investor whether he chooses to Lump sum at any time without minding the price of the market or he may choose to Lump sum during the dip. And it is true that the best time to Lump sum is during the dip and then DCA through any market interval. In my own opinion this is the right approach to follow an investment. If there are extra buck that comes in along our investment, we can choose to wait for the dip then and when it comes, we Lump sum as well.

It is very problematic to confliate the terms of lump sum buying and buying on dips as both strategies has their unique functionalities with meaningful differences such that you can not refer any kind of buying the dip as a lump sum simply because you are buying with a larger amount of money more than your usual, the idea of the lump sum buying has to do with an investor decision in terms of investing a huge amount of money that is readily available for investment and decided to invest this money right away such that it has nothing to or necessarily connected with whether or not there is a dip but rather it has more to do with your personal decision, the lump sum strategy are unique on its own such that at some time it is use as an upfront or front loading investment strategy.

Yes... I said something similar.. but yeah.. that sounds like the right idea to consider advantages and disadvantages of various strategies, and surely some strategies will be better or worse for guys, yet each of us has to decide for ourselves in regards to which strategies to use and to live with the consequences of whichever choices we make in regards to our strategies.

Surely there are some folks who rarely get opportunities to lump sum buy bitcoin (or any other investment), yet sometimes if a person is engaged in good cashflow management practices, s/he might be able to advantage from situations that he had not previously thought were available to him.. which is one of the advantages of already have a plan and practice in place, when opportunities (of extra money) come, the plan and practice is already in place to be able to take advantage of the opportunity rather than spending the extra money on potentially frivolous and unnecessary things that may well not have as many longer term advantages as compared to investing into bitcoin.

[Ojima-ojo]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.


The fact and most important thing is to have the determination to keep accumulating bitcoin along the lines and doing all that is possible to come up with an amount that can be valuable enough to generate good profits when the all time high happens.

[Churchillvv]

The concepts or idea of the lump sum completely has nothing to be talked about in terms of buying the dip, the idea of the lump sum buying has to do with making purchase of Bitcoin with the huge sum that is readily available to be invested right away without considering whether the market condition is in dip or not.

Bro you are wrong here and you tend to sound like you are right. Lump sum still involves buying the dip, it depends on the investor whether he chooses to Lump sum at any time without minding the price of the market or he may choose to Lump sum during the dip. And it is true that the best time to Lump sum is during the dip and then DCA through any market interval. In my own opinion this is the right approach to follow an investment. If there are extra buck that comes in along our investment, we can choose to wait for the dip then and when it comes, we Lump sum as well.

Tmoonz has the right idea.

The mere fact that you have extra money that you are holding aside to buy the dip does not convert that into lump sum, merely because the amount might be larger than your normal buys.

The three main strategies in accumulating bitcoin is DCA, buy the dip and lump sum.  Sure you can combine these strategies and even front load your investment by buying more in the beginning, yet if you really want to attempt to apply strategies in differing ways, sometimes there may well be advantages to understanding the difference between the practices in order to take advantage of such differences, and yeah, whether you know the advantages and disadvantages or not, you can do whatever you like and call it whatever you like, even though you might cause confusion when you are not able to differentiate between what is buying the dip and what is lump sum and what is DCA.

Of course Tmoonz is right with his ideas but since we disagree to agree here I will like to buttress and point out so fact that must have amounted to confusion of the other party.

Let's say for instance: We've got three major strategies for bitcoin investment which is DCA, Buying the dips and Lump sum. I believe sometimes this strategies do have some collision which is where agbamoni might be getting is wrong but this collision literally doesn't show up frequently.

Here is the instance; Using my Churchillvv as the case study,

Point A Churchillvv(1) usually practice the DCA method of investing hence does not care what the price is (volatility) as his intention must be for long term investment.

Point B Churchillvv(2), Also practice the buy the dips and he does care what the price is and tries to maximise profit by buying only when the price is low.

Point C Churchillvv(3) Also practice the Limb sum method of buying bitcoin, at this point he does not also care what the price is but because there is an extra cash flow he decides to go in at once.

Having identify this three points, the rare collision happens where, Churchillvv usually buys the dips but for some reason during this purchase he gets an extra cash follow which is not certain then decides to push in all the extra cash into his bitcoin investment, note at this same point bitcoin price is relatively low which also means the dips. At this point where he buys both the dips and also buys bitcoin using his extra cash flow which is expect in this instance to be huge to buy bitcoin it is now in a state of collision as both strategies occurred at this same time. which I see as the area where Agbamoni might be looking at but the fact is they (the three strategies) are different things all together.

So to put you Agbamoni in the right direction, lump sum means buying bitcoin only when you have a huge amount and decide ms to invest regardless of the current bitcoin price. This practice is more applicable when you usually get your money once in a while. But buying the dips means even if you have the money now and BTC price is relatively high you would rather wait even if it takes 365 days to reach your relatively low price before you purchase. Note the time differences

[Lidger]

Usually the DCA method will be based on your income, because if you invest regularly. Then you can invest weekly or monthly. Estimated average monthly expenses in your household are $100, and $170 if you are salaried. Then you can invest part of your expenses here and meet the basic needs, with the rest of the money you can invest.  
In this case, it is most important that you use an emergency fund, because people can get sick at any time. That is why you must use emergency fund so that your investment does not get lost.

DCA is a strategy for investing in which you can invest consistently every day, you can invest consistently every hour, you can invest consistently every month or every week. If you think you will invest 10 dollars every day then at the end of the week your investment amount will be 70 dollars and at the end of the month your investment amount will be 300 dollars. I used to know that investing earlier means we need to accumulate a lot of money before we invest but this strategy of investing has changed our entire thinking of investing and made investing much easier. In this investment strategy investors can easily invest from any income or from any profession. I think every investor is satisfied with this investment strategy.

[Hewlet]

Here is the instance; Using my Churchillvv as the case study,

You're making this more complex than the difference in view of the two parties here. If I should summarise what was the major misunderstanding, it's that one of them wants to lump sum at a DIP price while the other want to lump sum the moment the fund is available. The issue with Lump summing at the DIP price is that you don't know which price is the DIP and you don't know how long you have to wait before it gets to that price and you also don't know if the price you're considering as a DIP target will eventually come or not. And another thing is that if the amount you're using to lump sum isn't all that much and is probably up to only $500 to $1k, it wouldn't make much difference to buy Bitcoin at $67k or wait for six months expecting it to DIP to $40k only to see Bitcoin price climbing up to $80k plus. That's where @Agbamonie missed out in his analysis

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

the main reason why it would take you too long to reach your accumilation point in your Bitcoin investment is when you're going about your accumilation in a nonchalant way and using only the fund that's not of use to you for your accumilation. I know that it's right to make the required plan that will see to it that you're not over investing above your financial capacity but mere investing with only left over cash wouldn't help increase the quantity of your Bitcoin reserve. It's best to be disciplined enough to separate your funds into different percentages such that you have a particular percentage that's allocated to Bitcoin and another that takes care of other aspect of your life so you don't treat your Bitcoin investments as your last option. Remember that for most people, if you don't do the necessary planning, you wouldn't have anything like left over cash because human wants generally is insatiable and the best you should do is to do a scale of preference and still allocate an amount that will directly go into any of the options once you've received your pay check.

[Popkon6]

Usually the DCA method will be based on your income, because if you invest regularly. Then you can invest weekly or monthly. Estimated average monthly expenses in your household are $100, and $170 if you are salaried. Then you can invest part of your expenses here and meet the basic needs, with the rest of the money you can invest.  
In this case, it is most important that you use an emergency fund, because people can get sick at any time. That is why you must use emergency fund so that your investment does not get lost.

DCA is a strategy for investing in which you can invest consistently every day, you can invest consistently every hour, you can invest consistently every month or every week. If you think you will invest 10 dollars every day then at the end of the week your investment amount will be 70 dollars and at the end of the month your investment amount will be 300 dollars.

You can be successful investing with only DCA strategies, but there are other things you need to keep in mind. As such, you need to have a good plan of how you will make your investment long-term. According to the plan you need to maintain someone, in this case you need to list the most important time when the bitcoin market goes deep.

I used to know that investing earlier means we need to accumulate a lot of money before we invest but this strategy of investing has changed our entire thinking of investing and made investing much easier. In this investment strategy investors can easily invest from any income or from any profession. I think every investor is satisfied with this investment strategy.

Whenever you pool your income and meet your family's basic needs, you can invest in Bitcoin with the extra money you have left over. Maybe many people have a habit of spending extra money but if that person takes the trouble to get rid of the extra habits and save the money and buy bitcoin dip then success will be guaranteed. Because one of the strategies for long-term investing is the DCA method. 
Using the DCA approach to investing will certainly make your investments look natural for a few years, and you can increase your planning for longer periods.

[Uhwuchukwu53]

The concepts or idea of the lump sum completely has nothing to be talked about in terms of buying the dip, the idea of the lump sum buying has to do with making purchase of Bitcoin with the huge sum that is readily available to be invested right away without considering whether the market condition is in dip or not.

Bro you are wrong here and you tend to sound like you are right. Lump sum still involves buying the dip, it depends on the investor whether he chooses to Lump sum at any time without minding the price of the market or he may choose to Lump sum during the dip. And it is true that the best time to Lump sum is during the dip and then DCA through any market interval. In my own opinion this is the right approach to follow an investment. If there are extra buck that comes in along our investment, we can choose to wait for the dip then and when it comes, we Lump sum as well.

It is very problematic to confliate the terms of lump sum buying and buying on dips as both strategies has their unique functionalities with meaningful differences such that you can not refer any kind of buying the dip as a lump sum simply because you are buying with a larger amount of money more than your usual, the idea of the lump sum buying has to do with an investor decision in terms of investing a huge amount of money that is readily available for investment and decided to invest this money right away such that it has nothing to or necessarily connected with whether or not there is a dip but rather it has more to do with your personal decision, the lump sum strategy are unique on its own such that at some time it is use as an upfront or front loading investment strategy.

I clearly understand Agbamoni point and it’s so simple if an investor can accumulate using the lump sum strategy during the dip, this is the time an investor can accumulate more according to their strength in order to build their portfolio faster, then after accumulating with huge amount the investor can continue using the dca. We can only say buying bitcoin has no time set like when people specify buying only the dip but we cannot say same for the lump sum strategy, from my view anyone can venture using their desired strategy but basically while accumulating bitcoin using the dca strategy now it’s also good an investor save some money so at the appropriate time the investor can use the money to accumulate more during the dip.

This argument to me I don't really see that direction because almost all investor choose to lum sum when the price is in dip  only few investor can enter the market without minding the weather in dip or not we all know that investor tool are always center on the demand and supply laws or principle as there target even when they are accumulating for long term or short time is to make profit where to buy more, must not go off from their heart.

The truth remain that accumulating or buying of Bitcoin don't have specific time but every investor know what they want before entering into the market, the small dip can be enough to an investor who has made up mind to invest, in the investment or business profit making small fraction of market dip is enough to given you required profit, even when accumulating is not the same as trading but investor still seek to invest when there is a dip to enable them gain more when there is a rise.

[Btcdeybodi]

[edited out]

DCA means using an amount maybe $10, $50, $100 or from your discretionary income based on your own case to buy bitcoin regularly weekly or monthly without skipping any one for 4-10 years. While buying at the dip is when an investor keeps his money in fiat and everyday, he is busy watching the chart and bitcoin price hoping to see a dip for him to be able to buy. The annoying thing with these set of investors who do not have enough Bitcoin and is waiting for the dip, always have their own price in which the want bitcoin to fall to be they will buy. So e of them will end up waiting till infinity without buying one Satoshi.

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

Even if it takes someone 20-30 years before owning a huge portfolio it's a good achievement inasmuch as they can be patient enough and make sure that they are consistent in their DCA. Sometimes the reason why people with low income finds it difficult to make investments is because they always draw conclusions about uncertainty that may come up along the line and their ability to endure till that interval of time. Every happy ending start with a little beginning so instead of not making accumulations at all it is better to start with an amount that will not affect you from attending to other life obligations then gradually they can achieve their goals.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Yes of a truth every one has different targets in their accumulating process because you may have a target of owning Bitcoin worth $1M while my own targets may be to own Bitcoin worth $5M so it depends on what each individual want because we can't keep accumulating till eternity, so far as we are able to strike a balance between making sure that keep accumulating till our targets are met and attending to other things of life then we are good to go.

[Glen Hoddle]

I have been learning about Bitcoin for the past few months and am trying to figure out the best investing strategy for myself. As an experiment, I analyzed and compared two strategies, DCA and Buying the "Dip" and I have some interesting results that I wanted to share with you guys.
here

Disclaimer: This is not financial advice but for educational purposes only.

Period: Between April 2020 and April 2021.

Strategies:

DCA (weekly on Wednesday, bi-weekly on Wednesday, monthly on the 1st): Total $800/month
Buying the "Dip:" I define the "dip" here as when the price of Bitcoin drops to a certain threshold after its most recent all-time high (ATH). For all the periods that I am not investing, I am simply accumulating my USD. I am assuming that I will be able to add to my fund $500 twice a month, on the 15th and 30th. My investment fund will be divided into three parts and it will be invested as follow. I will invest 1/3 of my fund when BTC drops 20%, another 1/3 when BTC drops 50%, and the last 1/3 when BTC drops 65%. If for example, BTC drops 20% and bounces back to another ATH, I only use 1/3 of my investment and hold the 2/3 for the next dip.
To my surprise, all DCA strategies outperformed buying the "dip" by roughly 50%. Of course, hindsight is 20/20 and this is a very simplified model. No one can really time exactly when Bitcoin is going to drop. Invest smartly and only invest what you are willing to lose.

[wmaurik]

I get your point and you are also right, but what I was trying to drive at was that waiting for dip before investing is a wrong approach what if the dip never happens you just waited in vain and what if it happens but didn't go that dip so we should consider all this and for those who wants to hodl for long term there's no point waiting for the dip before investing.
The best is using the DCA method and keep accumulating whether or not is in dip or is not, one should not focus only on the dip when it comes to bitcoin investment.

Investing in Bitcoin is a very unique thing and what needs to be underlined here is that it has nothing to do with market prices where someone can immediately buy Bitcoin without wasting more time waiting for the price to fall. Because as long as the investment made is to hold Bitcoin in the long term by buying without any intention of selling again in the near future, I think this can be done immediately without having to wait for something else to happen, such as the price reduction option in the market.

Then why are there many people who are still waiting for the price of Bitcoin to fall by not buying before it happens? Well, in this case you also need to understand that they are not investors who want to invest in Bitcoin, but rather traders who are taking advantage of Bitcoin price conditions to achieve short-term profits. And there is no guarantee for them to keep Bitcoin in their wallets for a long period of time because their focus is not to keep Bitcoin for the long term but only to seek immediate profits after the price experiences a correction in the market.

[Bravut]

[edited out]

I disagree with your statement because those investors who are accumulating bitcoin with the DCA strategy and also buying the dip will always accumulate more bitcoin than the investors who are only using the DCA strategy to accumulate bitcoin. Just because they are waiting for the dip doesn't mean they will stop accumulating bitcoin with the DCA strategy; they will continue to accumulate bitcoin with the DCA strategy. They have already kept the money to use to buy the dip; they are just waiting for the dip to happen so they can buy bitcoin at a low price.

You only advantage from holding money aside to buy the dip if the BTC price actually dips. So how could you always advantage from buying the dip if the BTC price does not end up dipping?

Sure in the end, guys can do whatever they like in terms of figuring out the extent they might be advantaged by holding some money aside to buy dips or just to buy BTC regularly no matter the price.

This idea of waiting for the dip can really destroy your months or years of investment plan. Let take for example you have been saving for months or years waiting patiently for a dip to occur so you can accumulate Bitcoin and it took months or years before a dip happens and within that time of waiting with already kept funds in your Bank account you used it with the hope of replacing before the dip happens and to your greatest surprise it happened when the money is not yet replaced this will really frustrate you and I don't think you will be willing to continue.

And again waiting for a dip can make you lose interest on Bitcoin investment because it might take a long time before it happens.

Making a clear point, in a simpler word "Dip does not present itself", implying we do not when price would Dip. That is the case, at times before we become aware that was the dip price, price has pump upward...when we think the dip price has occurred we can then see price dip more.

So it is a game of chance because it never presents itself.
In essence we just need to keep accumulating Bitcoin according to our suitable strategy building a solid Bitcoin portfolio rather than slowing the process because we are expecting dip prices, i believe any investor that is disciplined with his DCA strategy surely will buy the dip without his own notice because he is present at intervals of the Market.

[Roseline492]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

Yeah it all boils down to the point @JayJuanGee made that when a person or an investor is accumulating Bitcoin using $10 or $20 on weekly basis or even $100 monthly that the investor may not actually have a sufficient amount of Bitcoin within a little number of years but that however the investors will need to least give themselves 20 to 30 years before achieving a good amount of Bitcoin, and that's actually true because irrespective of how consistent people are on there Bitcoin accumulation using the normal DCA method they would need to give themselves more longer years to be able to have the sufficient amount of Bitcoin they need. However if perhaps on the process and you feel that you have more money to invest you could adjust your accumulation amount to facilitate it a bit.

[Kliss]

These are different strategies in accumulating Bitcoin. Some investors use DCA strategy, others prefer buying the DIP strategy, while some DCA and also reserves funds to also buy during the DIP and some accumulate with lump-sum (Rich folks). All these approach are decisions made individually with what suits our bitcoin investment goals. Of all the strategies waiting to buy bitcoin during DIP alone without applying DCA strategy might slow your bitcoin investment growth because the price might not DIP to your desired levels and timing the market can be stressful. So why wait for the price to dip when you can be accumulating bitcoin through DCAing consistently to ensure steady accumulation, peradventure if it DIPs to your desired amount and you have extra bucks to buy fine but if it does not your accumulation through DCA continues to progress. DCAing can be done alone regardless of market fluctuations as long you keep it consistent but I don't see any need to wait for the DIP alone to accumulate bitcoin rather combining DCA with buy during DIPs can further enhance portfolio growth by taking advantage of lower prices when they occur.

[Ruttoshi]

[edited out]

I disagree with your statement because those investors who are accumulating bitcoin with the DCA strategy and also buying the dip will always accumulate more bitcoin than the investors who are only using the DCA strategy to accumulate bitcoin. Just because they are waiting for the dip doesn't mean they will stop accumulating bitcoin with the DCA strategy; they will continue to accumulate bitcoin with the DCA strategy. They have already kept the money to use to buy the dip; they are just waiting for the dip to happen so they can buy bitcoin at a low price.

You only advantage from holding money aside to buy the dip if the BTC price actually dips. So how could you always advantage from buying the dip if the BTC price does not end up dipping?

Sure in the end, guys can do whatever they like in terms of figuring out the extent they might be advantaged by holding some money aside to buy dips or just to buy BTC regularly no matter the price.

This idea of waiting for the dip can really destroy your months or years of investment plan. Let take for example you have been saving for months or years waiting patiently for a dip to occur so you can accumulate Bitcoin and it took months or years before a dip happens and within that time of waiting with already kept funds in your Bank account you used it with the hope of replacing before the dip happens and to your greatest surprise it happened when the money is not yet replaced this will really frustrate you and I don't think you will be willing to continue.

And again waiting for a dip can make you lose interest on Bitcoin investment because it might take a long time before it happens.

The problem is what if the dip did not come, it means that you will not invest in bitcoin, and tomorrow they will be regretting that they had the opportunity to invest but they did not. Those that are waiting for the dip as new investors are not ready to invest and I see it that they are only procrastinating. The reason why I said so is that, even when the dip comes they will not and will say that the price will dip the more since it could dip to the price they are seeing. Missing out a lot of buying opportunities that they should ha e used to invest.

DCA is very effective because you will also buy incase the dips comes and that is why it is good to use it when you are in your bitcoin accumulation phase, as long as you keep up with your regular buying weekly or monthly over a long period of time, your bitcoin size will keep on increasing.

I get your point and you are also right, but what I was trying to drive at was that waiting for dip before investing is a wrong approach what if the dip never happens you just waited in vain and what if it happens but didn't go that dip so we should consider all this and for those who wants to hodl for long term there's no point waiting for the dip before investing.
The best is using the DCA method and keep accumulating whether or not is in dip or is not, one should not focus only on the dip when it comes to bitcoin investment.

Investing in Bitcoin is a very unique thing and what needs to be underlined here is that it has nothing to do with market prices where someone can immediately buy Bitcoin without wasting more time waiting for the price to fall. Because as long as the investment made is to hold Bitcoin in the long term by buying without any intention of selling again in the near future, I think this can be done immediately without having to wait for something else to happen, such as the price reduction option in the market.

Then why are there many people who are still waiting for the price of Bitcoin to fall by not buying before it happens? Well, in this case you also need to understand that they are not investors who want to invest in Bitcoin, but rather traders who are taking advantage of Bitcoin price conditions to achieve short-term profits. And there is no guarantee for them to keep Bitcoin in their wallets for a long period of time because their focus is not to keep Bitcoin for the long term but only to seek immediate profits after the price experiences a correction in the market.

Not only traders that time the dip, but also investors who have reached 50% of their bitcoin portfolio and above can use buying at the dip method. In such case they time the dip and buy with a lump sum to their portfolio. This is because if they use little amount to DCA, it might not have a significant effect on their bitcoin portfolio, since they already have a good size of bitcoin, waiting will not be a waste of time for them. This is why your bitcoin size and how much bitcoin you want and the time frame is what you look at before choosing the strategy that will best work for you. The most important thing is how you can accumulate bitcoin faster and reach your bitcoin target successfully.

[Furious 7]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

Yeah it all boils down to the point @JayJuanGee made that when a person or an investor is accumulating Bitcoin using $10 or $20 on weekly basis or even $100 monthly that the investor may not actually have a sufficient amount of Bitcoin within a little number of years but that however the investors will need to least give themselves 20 to 30 years before achieving a good amount of Bitcoin, and that's actually true because irrespective of how consistent people are on there Bitcoin accumulation using the normal DCA method they would need to give themselves more longer years to be able to have the sufficient amount of Bitcoin they need. However if perhaps on the process and you feel that you have more money to invest you could adjust your accumulation amount to facilitate it a bit.

But in this case we also can't just fixate on the number at the end. It may be true that when we are and buy bitcoin for $10 or $20 for a week it will not be enough for us in the acquisition of bitcoin but if indeed we can only afford that price then it is not a problem as long as we consistently do it. It will be much more worth it than forcing to allocate more bitcoin purchases than that but instead make your economy shaken because you are too forced to be in bitcoin which in the end the DCA scheme that is done becomes chaotic in the end.

It's not about sufficiency in the end, It is indeed possible to be in bitcoin for most people to be at a point where we have a large enough supply of bitcoin so that it is easy for us and enough for the future but that does not mean we also have to force to invest more than we can do and with a duration of time that is actually not profitable because after all the duration of investment must also be seen from our current age when indeed we are at an older age such as in a few years we have entered the retirement phase for example it will actually be a ridiculous decision if we force investment for a duration of 20 years or more so that for the duration of time we also have to look at our own conditions in the end.

[Miles2006]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

Yeah it all boils down to the point @JayJuanGee made that when a person or an investor is accumulating Bitcoin using $10 or $20 on weekly basis or even $100 monthly that the investor may not actually have a sufficient amount of Bitcoin within a little number of years but that however the investors will need to least give themselves 20 to 30 years before achieving a good amount of Bitcoin, and that's actually true because irrespective of how consistent people are on there Bitcoin accumulation using the normal DCA method they would need to give themselves more longer years to be able to have the sufficient amount of Bitcoin they need. However if perhaps on the process and you feel that you have more money to invest you could adjust your accumulation amount to facilitate it a bit.

But in this case we also can't just fixate on the number at the end. It may be true that when we are and buy bitcoin for $10 or $20 for a week it will not be enough for us in the acquisition of bitcoin but if indeed we can only afford that price then it is not a problem as long as we consistently do it. It will be much more worth it than forcing to allocate more bitcoin purchases than that but instead make your economy shaken because you are too forced to be in bitcoin which in the end the DCA scheme that is done becomes chaotic in the end.

It's not about sufficiency in the end, It is indeed possible to be in bitcoin for most people to be at a point where we have a large enough supply of bitcoin so that it is easy for us and enough for the future but that does not mean we also have to force to invest more than we can do and with a duration of time that is actually not profitable because after all the duration of investment must also be seen from our current age when indeed we are at an older age such as in a few years we have entered the retirement phase for example it will actually be a ridiculous decision if we force investment for a duration of 20 years or more so that for the duration of time we also have to look at our own conditions in the end.

Bitcoin investment is not forcefully or rather the long term investment like 20-30 years is for a better profit at the end nothing else as related to forcing an investment like bitcoin because clearly seen bitcoin investment can’t work with such mindset. From my view investing $10 or $20 consistently can’t be an aggressive move because we can say an investor is forcing their accumulation by investing with a huge amount they can’t withstand during the long run but when an investor is comfortable with their accumulation gradually they’ll build a solid portfolio within the long run, well the reason why 20-30 years is okay for an investor who accumulate $10 every week is because they’ve not gotten something big within a short period so you can clearly see your accumulation process matters a lot. I agree when you mentioned about sufficiency but we can all agree the goal is making sure our investment is okay despite any obstacle. I love saying this words when it comes to bitcoin investment, a good plan always end with success meaning what ever you think will always be the end result, in summary if anyone has gotten to an old age I strongly believe such person have accumulated something good and profitable because surprisingly time flies fast except the person is  coming newly.

[FinePoine0]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

Yeah it all boils down to the point @JayJuanGee made that when a person or an investor is accumulating Bitcoin using $10 or $20 on weekly basis or even $100 monthly that the investor may not actually have a sufficient amount of Bitcoin within a little number of years but that however the investors will need to least give themselves 20 to 30 years before achieving a good amount of Bitcoin, and that's actually true because irrespective of how consistent people are on there Bitcoin accumulation using the normal DCA method they would need to give themselves more longer years to be able to have the sufficient amount of Bitcoin they need. However if perhaps on the process and you feel that you have more money to invest you could adjust your accumulation amount to facilitate it a bit.

Yes this will usually be the best strategy for a poor holder, as not everyone may be in favor of investing with accumulated money. So that person can regularly participate in bitcoin investment with small amount of money which is the best strategy for him. You notice that investing in the DCA method is much more likely to be a maximum long-term investment, because the price of Bitcoin is not always dumping and not always pumping.  Therefore employing DCA method is maximum perfect according to Bitcoin price, and it controls the average price.

[uswa56]

Yes this will usually be the best strategy for a poor holder, as not everyone may be in favor of investing with accumulated money. So that person can regularly participate in bitcoin investment with small amount of money which is the best strategy for him. You notice that investing in the DCA method is much more likely to be a maximum long-term investment, because the price of Bitcoin is not always dumping and not always pumping.  Therefore employing DCA method is maximum perfect according to Bitcoin price, and it controls the average price.

I think everyone will be able to use this method whether they have large wealth or not, but this strategy will be very useful for some people who want to accumulate Bitcoin gradually and can hold it in the long term, when we want to hold it in the long term of course we have to have good planning before collecting Bitcoin and it will be difficult for us to hold it in the long term if we don't have good planning before collecting it will certainly not be able to hold the assets we have.

What you say is very true, when we can invest regularly using the DCA method, of course this will be able to control the average purchase and this can certainly provide profits according to what we want.

[laijsica]

I will suggest that if a person is merely buying anywhere between $10 per week/month and $100 per week/month is likely going to need way more than 10 years in order to get to a status of having had accumulated a sufficient amount of bitcoin.  Perhaps such a person will need 20-30 years or  more to really get to a decent place with his/her bitcoin stash.

For sure, each of us has differing expectations in regards to how much income that we might need to be able to live comfortably, whether we use bitcoin proceeds to completely replace any income that we have or to supplement income that we might have from other sources.

Bitcoin accumulation have to do with left over cash flow and at that not having sufficient steady monthly or weekly set aside founds let say $10 or even $20 which is way too much time to come up with a significant amount of bitcoin starsh, but then just as you said, sometimes we come across unexpected huge sum and if we are able to put all down on bitcoin it could cover up for a long period of time and a journey that surpose to take 10 years to 20 years could come much faster and easier.

Yeah it all boils down to the point @JayJuanGee made that when a person or an investor is accumulating Bitcoin using $10 or $20 on weekly basis or even $100 monthly that the investor may not actually have a sufficient amount of Bitcoin within a little number of years but that however the investors will need to least give themselves 20 to 30 years before achieving a good amount of Bitcoin, and that's actually true because irrespective of how consistent people are on there Bitcoin accumulation using the normal DCA method they would need to give themselves more longer years to be able to have the sufficient amount of Bitcoin they need. However if perhaps on the process and you feel that you have more money to invest you could adjust your accumulation amount to facilitate it a bit.

Yes this will usually be the best strategy for a poor holder, as not everyone may be in favor of investing with accumulated money. So that person can regularly participate in bitcoin investment with small amount of money which is the best strategy for him. You notice that investing in the DCA method is much more likely to be a maximum long-term investment, because the price of Bitcoin is not always dumping and not always pumping.  Therefore employing DCA method is maximum perfect according to Bitcoin price, and it controls the average price.

You are correct. Dollar Cost Averaging method is always extremely easy solution for all class of people for Bitcoin investment. Historically, depositing fiat strategies in banks or insurance companies has been a long process, while bitcoin depositing strategies are much simpler. Whatever the dumping and pumping of Bitcoin's value is doing Dollar Cost Averaging which over a long period of time gives you more stacks than the price.Low accumulation strategy for normal investors may take longer to reach decent stash size but profits are high in long run.

[Samlucky O]

These are different strategies in accumulating Bitcoin. Some investors use DCA strategy, others prefer buying the DIP strategy, while some DCA and also reserves funds to also buy during the DIP and some accumulate with lump-sum (Rich folks). All these approach are decisions made individually with what suits our bitcoin investment goals.

You seam to be making sense though but you way of explaining this approach looks contradictory but I can still get your point which explains about accumulation process, and that has been the topic of discussion right from the onset of this thread. Surely each individual must invest according to how it suits them in Oder not to invest aggressively. Because if anyone should rush to invest without making proper research, such person may rush to sell and will be left with nothing than regret.

Of all the strategies waiting to buy bitcoin during DIP alone without applying DCA strategy might slow your bitcoin investment growth because the price might not DIP to your desired levels and timing the market can be stressful.

I think there is a misconception here, there is never a place where Investor will only be buying when it's dip without considering DCA. The problem of this your post is that you are not directly reply anyone here otherwise I would have said that you are correcting any body but I will tell you that almost everyone in this thread knows that the the three investment approach is used by only one person and not specifically for different people. Though some people may decide to choose 1 of the strategy alone maybe either dip and HODL, DCA and lump sum. But surely if we want to maintain a good balance in this bitcoin investment, we need to apply all the strategy to be able to be advantageous and also being in a safer side. Once we have a discretion fund with us we can be able to use all the strategy to yield a better result, compeard to those who only concentrate on 1 approach which is not a good one. For example a person who usually buys Bitcoin when it's dip may always be confused when is the best time to buy the dip or a person who usually buy lump sum as well be confused of when to buy but a person that has a reserve fund and is applying all the method stand a better chance in btc accumulation and it's never borderd  when to buy.

DCAing can be done alone regardless of market fluctuations as long you keep it consistent but I don't see any need to wait for the DIP alone to accumulate bitcoin rather combining DCA with buy during DIPs can further enhance portfolio growth by taking advantage of lower prices when they occur.

That is what all the active participant in this thread has been saying all this while which is true maybe you are the one who has never understood it all this while. I believe with your explanation you have fully understood what the thread is talking about in best investment approach to use which is combining all together to yeald a better result.