Buy the DIP, and HODL!

[Zackz5000]

Source

Let's stop arguing for a moment, we see that bitcoin is back up to $63k it is a very fast price reversal by bitcoin after experiencing a price drop to below $55k.

Congratulations to some people who may do DCA at that price level will be very happy for you, yesterday was scared because it had a lot of market fud that affected bitcoin to decline, Holder is winner and DCA is always a very sharp sword to get prosperity with bitcoin.

Maybe it will be a DIP to reverse the bull market again.

The recent DIP was caused by the German government's irresponsible market sell orders they did on the Bitcoin market. But because there were probably investors that saw it as another opportunity to buy the DIP, they took advantage of the German government's actions.

I believe that there will not be another DIP like what recently happened again, BUT Mt. Gox Bitcoins have been moved again - to an "unknown wallet".

It was definitely an opportunity during the downturn that investors should BUY as the German government's uncontrollable actions left us with more bitcoin due to DIP buying.

Although not sure if this drop will happen again in the future just that we already feel satisfied buying last week with more because the discounted price will not come twice in the near future so investors who take advantage of the opportunity are pretty good.

If Mt.Gox has transferred its assets to an unknown wallet, let's say this is the start of the price distribution back down, we are ready to carry bags to fill bitcoin again that's how we accumulate more bitcoin with the news of the existing panic.

The dip is one the characteristics of Bitcoin which is also a great opportunity and advantage for every investors to accumulate enough Bitcoin as much as possible and hodl for the future it is an opportunity regardless of any strategies an investor chooses to accumulate Bitcoin with, for me I still use my DCA strategy to accumulate Bitcoin and the dip has been an opportunity for me to accumulate more and more Bitcoin.

[Promocodeudo]

When it comes to investing in Bitcoin we must always gain enough experience about the Bitcoin market before we invest in Bitcoin. Many times it is seen that in the condition of lack of experience in Bitcoin, investing in Bitcoin has to face more losses than clubs.

Yes, knowledge is really very important in every aspect of life, especially in business or investment, so we can be guided in the right direction. There are some people who are not part of the cryptocurrency industry because they were scammed by scammers or sold their Bitcoin investments at the wrong time, all due to a lack of proper knowledge.

Investing in Bitcoin is not really hard when someone is genuinely interested. All they need to know at the start is the difference between non-custodial and custodial wallets, and the best exchanges to buy Bitcoin. After buying, they should move it to the right wallet, which is a non-custodial wallet, for proper security. Once someone has this knowledge, they can start investing in Bitcoin. It doesn't require a lot of experience to begin a Bitcoin investment.

When they start investing with they little knowledge they first gathered they will continue learning. Infact start after investing, the desire to protect their funds will make them more serious about learning about Bitcoin and others cryptocurrency. Nobody likes to lose their invested Bitcoin.

As a beginner the primary focus should be on bitcoin. They should not have anything to do with any other crypto currencies, because that's where the scams are. That's the mistake most people do. Beginners should just stay on the lane of bitcoin, be it on learning basis or investing. They should forget whatever anybody is telling them about learning any crypto currencies, because the moment they do that they are already positioning themselves for scams. Whatever you are continuously reading or learning has a great potential of influencing your future decision/judgement. If they dive into learning about other crypto currencies, they will be tempted to invest in it. And when they invest in it and get scammed they will relate it to bitcoin and they will lose their interest to keep holding bitcoin.

My brother, you are very much on point, most newbies in this crypto space are very much misinformed, they were mostly told that shit coin and alt coin gives more returns, but they were not told all it entails, how they fell more than they rise, how most people have lost their hard earned money by  investing in shit coin.

Most times, it's just greed, some are rightfully informed, but because of 10x to 100x, they choose to gamble their hard earned money on it, when it goes south, they start saying that they were scammed, and started associating Bitcoin with it, by generalizing it, but the good thing is that, at some point, they will learn the hard way, because greed is never a good thing in this crypto space, so in essence is that it's only greed or misinformation that will make an investor to invest in shit coin other than Bitcoin, when it's very clear that Bitcoin is the only reliable currency in the crypto space.

People always want to hear good things about a particular investment but fail to ask the necessary questions about such investment, individuals don't bother to know the durability and the reliability of the said investment, I think most times I feel that people are misled based of their mindset, someone is been convinced because of what he or she believe, our mindset sometimes makes us to believe what people tell us, I think before we believe in anything called investment, no matter who is putting us through, our question should always be the disadvantages of such investment because many people tell imdiviafuals what they are already expecting to hear and they fall cheaply for it because of their curiosity.
With my little experience, no matter how shitcoins rise, this will always happen once Bitcoin price is high, so anyone wanting to invest in shitcoin should first of all understand that Bitcoin controls the price of other coins so atleast with this understanding, an investors choice of investment is made easy.

[Bd officer]

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

[rachael9385]

While you're being scared, smart money is doubling down.

That’s because this dip is nothing new.

As you can see, Bitcoin goes to a new all-time-high every 4 years:

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.
here
Thoughts?



An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market. So it is proven that once an investor invests and if he buys DCA method or regular dip then he will definitely get success. And this figure proves the success of investors.

You talking about ATH, I see no errors there but talking about when a new Bitcoin investor should buy Bitcoin, I think for the person to wait for the dip is not a good idea. Waiting for the dip only proves that you are skeptical about Bitcoin price, which means you are thinking that Bitcoin will continue to increase and you won't be able to buy Bitcoin at a high price, as a Bitcoin investor you are supposed to withness the up and down of the price of Bitcoin, and not only the success, but you should be rest assured that you will never sell in loss because you are going for a long term.
If you want invest don't wait for the dip because DCA doesn't say one should wait for the dip before he or she start investing on Bitcoin. And again, if you are applying DCA method on your investment buying Bitcoin weekly is the best way to to use DCA method, if you are being paid $100 a month you can decide to invest $40 on Bitcoin which means you will be investing $10 per week and with time if you get to be promoted and salaries are doubled you can also increase the amount you are DCAing with (depending on how much you are paid).

[Wind_FURY]

The recent DIP was caused by the German government's irresponsible market sell orders they did on the Bitcoin market. But because there were probably investors that saw it as another opportunity to buy the DIP, they took advantage of the German government's actions.

What if it is because of me that the German government sold to enable me collect more Bitcoin for my DCA value  . Well, we don't have to be too emotional to the point of calling their action irresponsible because believe it or not, there will always be buyers and sellers in the market in response to the forces of demand and supply. Besides,  if there are no sellers willing to give up on their Bitcoin easily, many people like us will not see the opportunity to take advantage of such generosity.  

I have learnt to focus more on myself in this journey, so that I will be able to secure my future by consolidating on every opportunity I see in the market. In other words, I always aspire to get better at prudent management of my finances. I think this is more important than trying to dictate what the weak hands do with their Bitcoin.

Those people who get that tendency to be emotional caused by the smallest negative price movement of Bitcoin are those people who want to take profit in fiat. HODLers are in a different mental state. They WANT those DIPs, whether they're buying the DIP are doing DCA. It's simply another opportunity to buy more units in Bitcoin.

Plus if you're a HODLer you should actually have a good understanding of the basic technical side of Bitcoin. It helps not to panic because you know Bitcoin has massive potential value, although sometimes there might be some anxiety. We are still humans.

[Samlucky O]

I want to correct one impression that you are making here that many people are utilizing the DCA method because it is easy to use. No that's not the case, rather many people are making use of DCA strategy because it is more effective way of investing in bitcoin as it reduces the impact on the capital invested should there be a sudden drop in the market. The DCA method makes the capital outlaw not to reduce drastically when there is a sudden decline in the bitcoin market. This is the more reason why many people are comfortable with using the DCA method of bitcoin investment, not because it is easy. Also the DCA method makes it easier for people to buy bitcoin at their own pace according to their financial level. The truth is there is no method of bitcoin investment that's difficult to use.

You are literally contradicting your own explanation. How about I tell you that I prefer to use the DCA strategy because it is easy to use?. At least, I don't have to monitor Bitcoin price for an entire 24 hours, to observe when there is a dip(for those who only buy the dip). Bitcoin investments, especially to those who are new to it, shouldn't be explained with too many terminologies and complexity, but rather as smooth and easy as possible. Just as you've pointed out, "the DCA method makes it easier for investors to buy Bitcoin", which depends on their financial capabilities (source of income). It's always a continuous process, that doesn't need too many grammer or math solving to explain.

I see that @Justbillywitt is trying to make a point and somewhere along the line maybe he didn't land whe he ought to. And yea surely there are time when we feel we are saying what we think and yet we are not getting it right or may get it right but others see it in Another way. I think what he is trying to say is that DCA strategy is not easy as people think. But what make people think it simple is due to the small fraction they buy weekly and it's not affecting our discretion amount, and if bitcoin price dips we may still have some amount in our discretion to still buy more . But that doesn't mean that DCA strategy or investment strategy is easy.

But in my own opinion DCA may not be as easy as people think, but I know surely it's the easier way of investment compeard to lump sum or buying the dip that is why it is seen as the easier way and not the easiest. because surely most people can not still afford to invest through DCA because of there low source of income or the Level of their discretion. So I may say it's an easier way for investment for those who are willing to invest no matter how small, but may be difficult for those who are not ready or willing to Start.

Ultimately I agree that there could be some element of DCA investing that is the "easiest" of any kind of investment approaches, but whether we label DCA as easy or not might also depend upon context, since even lump sum could be easy in the sense that maybe a guy buys bitcoin one time with a lump sum, and then just waits for 4-10 years or longer to see what the lump sum amount had done.

yea truely lump sum is another easy way of investment strategy that allows you to invest once at ago and never stress up to regularly buy bitcoin through DCA. though that doesn't mean that some folks will not preferably chose other strategy against lump sum too like buying the dip, because I know  that not everyone will like to combine the 3 investment approach all together. some may chose DCA while some will chose lump sum, and some will only like buying the dip. so each person will chose the investment approach that is easy for him and which it is not a must that everyone will follow all approach, but for a better investment goal all investment approach is needed for a better acculturation process.  why I chose DCA as top priority is because regular buying of Bitcoin through DCA is like getting addicted to invest and saving from unnecessary expenses. you always recite it as a poem in your head to invest all the time, it gives you that impression and constant zeal to always buy regularly Instead of wasting some money for fun on weekly or monthly basis. because there some persons who recieve a huge amount in a contract or some business deal and invest in lump-sum for interval of 4-10 years and stop investment. where as they have a well paying job that gives them a regular payment every week or month which could have been used for regular DCA and buying the dip but they think that they have money in bitcoin which they have a 4-10 years plan, and may spend some money recklessly because they didn't deciplined themselves for regular DCA. I can say that DCA is another way of self deciplined that allow you to make judiciously use of your money without spending it any how and indirectly creating wealth for the future or for our children

[Zackz5000]

The recent DIP was caused by the German government's irresponsible market sell orders they did on the Bitcoin market. But because there were probably investors that saw it as another opportunity to buy the DIP, they took advantage of the German government's actions.

What if it is because of me that the German government sold to enable me collect more Bitcoin for my DCA value  . Well, we don't have to be too emotional to the point of calling their action irresponsible because believe it or not, there will always be buyers and sellers in the market in response to the forces of demand and supply. Besides,  if there are no sellers willing to give up on their Bitcoin easily, many people like us will not see the opportunity to take advantage of such generosity.  

I have learnt to focus more on myself in this journey, so that I will be able to secure my future by consolidating on every opportunity I see in the market. In other words, I always aspire to get better at prudent management of my finances. I think this is more important than trying to dictate what the weak hands do with their Bitcoin.

Those people who get that tendency to be emotional caused by the smallest negative price movement of Bitcoin are those people who want to take profit in fiat. HODLers are in a different mental state. They WANT those DIPs, whether they're buying the DIP are doing DCA. It's simply another opportunity to buy more units in Bitcoin.

Plus if you're a HODLer you should actually have a good understanding of the basic technical side of Bitcoin. It helps not to panic because you know Bitcoin has massive potential value, although sometimes there might be some anxiety. We are still humans.

You are correct they are just like gamblers in the Bitcoin market who sees Bitcoin investment as a get rich quick investment who's aim is to make profit in Bitcoin investment in short hour. While those investors that know the true potentials of Bitcoin will see the dip in Bitcoin as an opportunity to accumulate more Bitcoin and HODL for long using any of the Bitcoin accumulating strategy to accumulate more Bitcoin.

[Agbamoni]

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.
here

The idea that Bitcoin has an occurrence cycle or a pattern that Bitcoin will go up because it has gone up in the past has blinded so may person to make ideal instead of realistic decisions in their investment. I presume that you are trying to give us an actual theory of why Bitcoin will maintain its value and grow over time, but you have to be realistic in doing so.

I think the value of an asset concerning time should be measured based on the quantity of the asset you have accumulated so far.

$65k = 1BTC (Longevity for one year period, perhaps value increases to 70K then profit should be 5k)

$20 = 0.00031 BTC (Longevity for one year period, perhaps value increases to 70k then profit is less than 5$)

We can be having little portion of Bitcoin or invest little and be expecting a good profit after Hodling. What should be focused on is accumulation. Every strategy that will make us have enough of Bitcoin.

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

You're wrong here and you are giving yourself unrealistic things that were not promised by Bitcoin, and you are mistaken about everything in general. Buying the dip can be appealing but it is not a guaranteed strategy. Bitcoin is known for volatility so you should understand it. The price can go up x% and go down X% overnight for any reason. There is no guarantee that a dip you buy will be the lowest point before the next bull run. As an investor always be prepared that the uncertainty is high, and Bitcoin can go both directions. Which is the main reason why it is advisable that we should DCA and while doing that we can keep some cash for dips if it happens.

[Kliss]

While you're being scared, smart money is doubling down.

That’s because this dip is nothing new.

As you can see, Bitcoin goes to a new all-time-high every 4 years:

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.
here
Thoughts?



An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market. So it is proven that once an investor invests and if he buys DCA method or regular dip then he will definitely get success. And this figure proves the success of investors.

your highlights is very explicit concerning the historical analysis of bitcoin but its very doubtful for a 450% price increase and bitcoin setting a new ATH of $330,000 per coin in this year 2024. Saying so or comparing with such analysis, simply suggest that the price is determined or manipulated. How is that so possible, especially when we are still waiting for bitcoin to reach 100k which is still not certain and realistic rather than 3× of it. Common mate such a high percentage 450% is not worth having the thought of it to be realistic in this 2024.

Buying bitcoin with either of the strategy (DCA,  buying the dip, lump-sum) that aligns with our investment aims and according to our financial power with a perspective to HODL for long period will definitely be profitable and successful.

[Dickiy]

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

Waiting for prices to fall will slow down our investment, for long-term investors it is not recommended to use this strategy, therefore the DCA strategy is very useful for those of us who want to invest long-term. buying regularly weekly or monthly from the money we allocate for our investment needs is the best solution. It is not right to wait for prices and yes I agree we cannot wait for prices to fall, we cannot predict the rise and fall of prices. There is no right time to buy when prices are falling except certain times such as bearish. The right thing is to continue buying and not be influenced by the market, because the main goal is for the long-term investment that we set. holding for a long period of time will give us benefits. The most important thing is that we have to be patient and buy with money that is really for our investment needs and does not interfere with our spending.

[Stablexcoin]

yea truely lump sum is another easy way of investment strategy that allows you to invest once at ago and never stress up to regularly buy bitcoin through DCA. though that doesn't mean that some folks will not preferably chose other strategy against lump sum too like buying the dip, because I know  that not everyone will like to combine the 3 investment approach all together. some may chose DCA while some will chose lump sum, and some will only like buying the dip. so each person will chose the investment approach that is easy for him and which it is not a must that everyone will follow all approach, but for a better investment goal all investment approach is needed for a better acculturation process.  why I chose DCA as top priority is because regular buying of Bitcoin through DCA is like getting addicted to invest and saving from unnecessary expenses. you always recite it as a poem in your head to invest all the time, it gives you that impression and constant zeal to always buy regularly Instead of wasting some money for fun on weekly or monthly basis. because there some persons who recieve a huge amount in a contract or some business deal and invest in lump-sum for interval of 4-10 years and stop investment. where as they have a well paying job that gives them a regular payment every week or month which could have been used for regular DCA and buying the dip but they think that they have money in bitcoin which they have a 4-10 years plan, and may spend some money recklessly because they didn't deciplined themselves for regular DCA. I can say that DCA is another way of self deciplined that allow you to make judiciously use of your money without spending it any how and indirectly creating wealth for the future or for our children

This made me remember when I was debating with a friend about whether to DCA or Lump sum and which is the best strategy. We couldn't come to any agreement because both have several advantages which means they are both good strategies but it depends on the investor to make a pick to use for Bitcoin investment. I agree that we should consider our allocation in Bitcoin and whether the risk tolerance is suitable to continue using the strategy we are using. And it is not a criterion that we should stick to one strategy till the end. It is allowed to make necessary changes to a different strategy when we are not comfortable with the previous one.

Having high or better average returns is not the point of DCA. The point is instead to reduce the risk of a large loss and/or reduce the variance of the portfolio. It is important to assess how well it accomplishes that objective when we compare it to a lump sum. DCA is not the only way to accomplish a good portfolio. If we can live with the x% possibility of it being the best strategy then we can as well believe that the Lump sum can yield good results when pratised accordingly. What is important at the end of the day is that we adjust our portfolio to suit our level of risk tolerance.

~snip

You're making the same pyramid style while quoting. And I believe Jay has corrected you on this as it makes it difficult for one to find what you are referring to.

I believe this thread will be useful for you - [TIPS] to avoid pyramid quotes (for Newbies)

[Lidger]

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

dca investment strategy has made our investment so easy that now we don't need to manage enough money to invest with that money but we have the opportunity to invest with the amount of money we have at any time of the market. What else can an investor get from this? One of the major advantages of DCA investment is that in this investment strategy, the investor is invested at almost every price point in the market so that when there is a lot of dumping in the market, the investor invests and when there is excess pumping in the market, the investor invests.  

By investing in two phases of the market, investors have the potential to make a profit even if they over-dump and over-pump. I think investors who know about DCA investment strategy will definitely not want to invest in any other investment method.

[Reredmi896]

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

dca investment strategy has made our investment so easy that now we don't need to manage enough money to invest with that money but we have the opportunity to invest with the amount of money we have at any time of the market. What else can an investor get from this? One of the major advantages of DCA investment is that in this investment strategy, the investor is invested at almost every price point in the market so that when there is a lot of dumping in the market, the investor invests and when there is excess pumping in the market, the investor invests.  

By investing in two phases of the market, investors have the potential to make a profit even if they over-dump and over-pump. I think investors who know about DCA investment strategy will definitely not want to invest in any other investment method.

yes, I am a beginner who uses the DCA strategy to accumulate bitcoin which I am targeting for long-term investment, here I use the DCA strategy instead of other strategies because this strategy is easy to implement, and for me DCA provides a solution to investors like me who only rely on my monthly salary to be able to feel the benefits of investing in bitcoin, I just think simply, I allocate part of my monthly salary to invest in bitcoin, the same as me saving my money for the future that I plan, I don't really look at market developments, this will slow down my investing due to panic and that can mess with my thinking.

[SOKO-DEKE]

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

Many people should have accumulated some amount of Bitcoin by now if they have followed this DCA strategy of accumulating Bitcoin. However, due to waiting for the price of Bitcoin to drop lower, they still haven't started investing in Bitcoin because the price has not come down to the level they have in mind. Surprisingly, those who even started recently using the DCA method of accumulating Bitcoin, some of them are even in profit now as the price of Bitcoin keeps increasing.

So, I think it will be better for anyone interested in investing in Bitcoin to start at accumulating at any price using the DCA method of accumulating. Whether it should be monthly or weekly, this method will help them get Bitcoin at different price levels. It is very hard to predict the Bitcoin market. Many have tried timing the Bitcoin market, but they have failed. The truth about accumulating Bitcoin at different prices is that you need to hold for a long period of time before thinking of taking profits.

[Felicity_Tide]

In as much as I couldn't understand or interpret the message you are trying to pass across due to grammatical structure, I still think there are some information that you talked about that are not correct in anyway.

dca investment strategy has made our investment so easy that now we don't need to manage enough money to invest with that money but we have the opportunity to invest with the amount of money we have at any time of the market.

I was quite disappointed after reading this first part of the post, because it seems some people don't even know what DCA means since the introduction of this thread.
Of course, I can't dispute the fact that DCA method is an easy strategy to pratice, especially as a new investor, but the question is do you even know what DCA means and how it is done ?.  Well let me give you a brief explanation:
DCA also known as Dollar Cost Averaging( in full), is a strategy that allows investors to invest same amount of money at regular interval. Which means an investor might choose to invest $70-$100, let's say every first monday of the month. This investment should be made regardless of the market condition and price of Bitcoin.

So by saying we can" invest with the amount of money we have" is misleading.

And also, by saying " we don't need to manage enough money to invest" should be thoroughly reviewed and corrected as well, because I see no reason why we shouldn't manage. Managing our income even helps us better in identifying a specific amount that can be maintained (for dca purposes) over a long period of investment term. If you can't manage your funds, then sorry, you might be tempted to slash what you've agreed to be your DCA investment funds.

Like I have always pointed out, there must be proper planning. You must know your strength and how much you can genuinely invest at regular interval, and not you investing just what you have(calling it a DCA strategy).

One of the major advantages of DCA investment is that in this investment strategy, the investor is invested at almost every price point in the market so that when there is a lot of dumping in the market, the investor invests and when there is excess pumping in the market, the investor invests.  

By investing in two phases of the market, investors have the potential to make a profit even if they over-dump and over-pump.

Your information is somewhat confusing. You are unable to distinguish between who is making the dump and pump, to the investor you are talking about. Morever, I personally don't use the word pump and dump for Bitcoin, but use them for shitcoins.

I think investors who know about DCA investment strategy will definitely not want to invest in any other investment method.

This is clearly what you think, but trust me when I say that some investors, especially those who buy massively don't use this strategy. And that doesn't mean that they are not aware of this strategy, because it's totally their choice to choose which strategy to opt for. But the reason why we encourage the dca strategy on this thread is to help new investors accumulate with ease and with less risk, morever, I use this strategy as well. These are my opinion.

[Samlucky O]

~snip

You're making the same pyramid style while quoting. And I believe Jay has corrected you on this as it makes it difficult for one to find what you are referring to.

I believe this thread will be useful for you - [TIPS] to avoid pyramid quotes (for Newbies)

I don't think If our  previous conversation was about piramid quote, thought my quote might come with some quote but the original information has it link. The one we where talking about is the type of quote without reference link which is almost impossible to locate or know where the exact word was used. But looking at this quote you will know the exact person I am quoting. There is no big deal sometimes we might chose to cut it and sometimes we might chose to combine it to make it look more interesting except the quote is getting to 5,6,7 to 10 quote altogether is a bad one.

[Bravut]

As you can see, Bitcoin goes to a new all-time-high every 4 years:

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.

while it's not improper to be bullish with your investment and to make comparison between past and current Bitcoin circle, I feel you're rather being too ideal and less realistic as though Bitcoin prices are predetermined or as if they are manipulated and that we
 are 100% certain to witness similar or same figures for all the circles. From what's obviously playing out at the moment, I can't agree with you that we might be seeing as much as $330k just this year. We've obviously seen a gradual but consistent bull run even before the halving up to a $73k value and surely hope that it goes to $100k in no time but that's never a reason to talk about numbers as though it's just all about calling numbers without paying attention to the details that makes those numbers realistic.

Accumilating with the DCA method is what helps you not to be too fixed on numbers and become too expectant that Bitcoin will all of a sudden fly from $65k to $330k which is almost 5x it cute value.

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market. So it is proven that once an investor invests and if he buys DCA method or regular dip then he will definitely get success. And this figure proves the success of investors.

I don't know why I find this statement a bit manipulative and I feel it might presurise an average investor that comes across it to believe that investing in Bitcoin is an ideal process where you just keep your money and leave it for a number of years and bum, it goes all high to the sky.

I agree with you Mate,  every price movement made today is different from the other made yesterday or in previous cycles, as I would always say past price movement in previous cycles doesn't guaranteed same in future cycles it should only be a means for insight and not total dependence on it.
Bitcoin Market is an independent market free from Manipulation of any kind, as I said before it we haven't created a new ATH it's impossible to reach $100k.
We should be realistic also about our Targets and not let expectations or too much optimism blindfold us, because when what we expect doesn't happen we regret, panic and fret we should learn to accept the market, invest on the ground of neutrality understanding that Bitcoin can fall to $0 even if it doesn't fall but know that the Market is made up of uncertainties.

Quite funny, how we assume if we buy in Dip price that we gonna end in Huge profit when our profit is relative to invested amount, as well as stash of Bitcoin accumulated.
We shouldn't share misleading information about Bitcoin investment which instill "False Promises" to Beginners about Bitcoin investment.

[Odohu]

The recent DIP was caused by the German government's irresponsible market sell orders they did on the Bitcoin market. But because there were probably investors that saw it as another opportunity to buy the DIP, they took advantage of the German government's actions.

What if it is because of me that the German government sold to enable me collect more Bitcoin for my DCA value  . Well, we don't have to be too emotional to the point of calling their action irresponsible because believe it or not, there will always be buyers and sellers in the market in response to the forces of demand and supply. Besides,  if there are no sellers willing to give up on their Bitcoin easily, many people like us will not see the opportunity to take advantage of such generosity.  

I have learnt to focus more on myself in this journey, so that I will be able to secure my future by consolidating on every opportunity I see in the market. In other words, I always aspire to get better at prudent management of my finances. I think this is more important than trying to dictate what the weak hands do with their Bitcoin.

Those people who get that tendency to be emotional caused by the smallest negative price movement of Bitcoin are those people who want to take profit in fiat. HODLers are in a different mental state. They WANT those DIPs, whether they're buying the DIP are doing DCA. It's simply another opportunity to buy more units in Bitcoin.

Plus if you're a HODLer you should actually have a good understanding of the basic technical side of Bitcoin. It helps not to panic because you know Bitcoin has massive potential value, although sometimes there might be some anxiety. We are still humans.

I'm not in any way dispelling the importance of the knowledge of price movement, especially when it is for academic knowledge only and not a tool to make us take rash decisions. Any knowledge that helps the investor collect more Bitcoin and manage them better is important and that I will not stand against. Just that the danger of expert knowledge of Bitcoin, which many people take pride in, is that it embolden one to think that they can master the price movement and predict how the market moves any time any day.

I have seen someone boasting that he holds only from bear season to bull season and that during bull season, he sell his entire Bitcoin and wait for the next bear season. While this look perfect for him, he was unable to prove that he has gotten more Bitcoin as time progresses because he only had more fiat in bull season than in the bear season when he entered but in reality, his total Bitcoin was depleting because he end up not completely putting all the money back into Bitcoin. So if he take a personal investment appraisal of 10years or more, he will realize his Bitcoin actually did not make much progress. This is my challenge with the technical knowledge because it often does not translate to better holding.

[JayJuanGee]

We are still humans.

Speak for yourself.

 

[edited out]

Ultimately I agree that there could be some element of DCA investing that is the "easiest" of any kind of investment approaches, but whether we label DCA as easy or not might also depend upon context, since even lump sum could be easy in the sense that maybe a guy buys bitcoin one time with a lump sum, and then just waits for 4-10 years or longer to see what the lump sum amount had done.

yea truely lump sum is another easy way of investment strategy that allows you to invest once at ago and never stress up to regularly buy bitcoin through DCA. though that doesn't mean that some folks will not preferably chose other strategy against lump sum too like buying the dip, because I know  that not everyone will like to combine the 3 investment approach all together. some may chose DCA while some will chose lump sum, and some will only like buying the dip. so each person will chose the investment approach that is easy for him and which it is not a must that everyone will follow all approach, but for a better investment goal all investment approach is needed for a better acculturation process. 

You likely are getting it wrong if you attempt to describe personal motivations ONLY in terms of "what is easiest?" since easiness is likely ONLY one of the factors to consider when it comes to investing in bitcoin or any other investment or even when it comes to cashflow management (and personal financial management), which is an ongoing process that also involves practicality and perhaps even attempts at allocation decisions that are based upon attempts to predict present value as compared to future value (which is based on probabilities rather than anything upon which we have concrete black and white knowledge).

why I chose DCA as top priority is because regular buying of Bitcoin through DCA is like getting addicted to invest and saving from unnecessary expenses. you always recite it as a poem in your head to invest all the time, it gives you that impression and constant zeal to always buy regularly Instead of wasting some money for fun on weekly or monthly basis. because there some persons who recieve a huge amount in a contract or some business deal and invest in lump-sum for interval of 4-10 years and stop investment.

Well, there is some value and practicality that comes from putting some systems in place in which perhaps you are forcing yourself to consider buying bitcoin on a very regular basis, such as weekly, so you are reinforcing a habit and you are continuously putting your bitcoin accumulation into play, so that if you end up getting some kind of extra cash that comes in, you already have a place to put some or all of that extra cash, and you do not first think about consuming that extra cash, but you end up balancing your decision regarding how to treat that extra cash with a system of priorities that you put into place and that you are weekly reinforcing your practice, even if some weeks you might ONLY invest $10 and other weeks maybe you invest $100, but from time to time, you might invest several times more than $100 because you have more cash during certain periods of time.

where as they have a well paying job that gives them a regular payment every week or month which could have been used for regular DCA and buying the dip but they think that they have money in bitcoin which they have a 4-10 years plan, and may spend some money recklessly because they didn't deciplined themselves for regular DCA. I can say that DCA is another way of self deciplined that allow you to make judiciously use of your money without spending it any how and indirectly creating wealth for the future or for our children

Another thing about receiving a surprise lump sum amount, there surely could be some thoughts and calculations wether to divide the lump sum into 1) DCA, 2) buy the dip 3) invest right away (another way of saying lump sum into it), 4) buttress your emergency fund and other reserve funds 5) use part of all to consume some good or service...

So you know the categories, and if the lump sum is a high enough amount, you could even decide to put some of it into each of the 5 categories, while at the same time, you may well already know that you already have a DCA system and perhaps even a buy on dip system in place, so your decision regarding how to treat your lump sum amount that comes in is only supplementing a system that you are already following.. so it is much easier to plug any new amounts into an already existing system as compared to folks who might not have those kinds of systems in place and if they are not regularly investing into anything (not even bitcoin or anything else, or if they might have some inferior investment locations in place), they might merely be incentivized to consume or even to waste extra amounts of money that come in since their options are smaller based on their NOT having good systems already in place...and surely many of us (active participants in this thread) already recognize and appreciate that the inclusion of bitcoin in our "good" systems is likely (even though not guaranteed) to bring us a lot of value and more options in the future to have bitcoin in our existing systems rather than NOT having bitcoin included in our currently existing systems (and even if we do not have good currently existing systems, we can build such systems or be in the process of improving our systems by making sure that we include bitcoin within whatever systems that we decide to build and to follow - and we follow such systems by continuing to reinforce them through ongoing, persistent and consistent practices).

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market.

Ok. My question to you is whether you have invested at all? As you mentioned buying bitcoins during the dip season will lead to maximum profits or peak levels during the next bullish season. Yes that's right. But should we wait for dip time, no. Instead we should invest using DCA method regularly so that we can enjoy the benefits of both dip season and bull season.

Yes you are right, we should not wait for dip market to invest, we should continue investing in DCA method for long term. Now if someone waits for the price of bitcoin to fall, then it may happen that the price of bitcoin may rise instead of falling, then he will not be able to invest. So before investing in Bitcoin we need to decide to hold the investment for long term. It is true that if one invests in Bitcoin and holds it for a long period of time, he will surely profit. Keep investing at any time in any situation and hold for long term.

dca investment strategy has made our investment so easy that now we don't need to manage enough money to invest with that money but we have the opportunity to invest with the amount of money we have at any time of the market. What else can an investor get from this? One of the major advantages of DCA investment is that in this investment strategy, the investor is invested at almost every price point in the market so that when there is a lot of dumping in the market, the investor invests and when there is excess pumping in the market, the investor invests.  

By investing in two phases of the market, investors have the potential to make a profit even if they over-dump and over-pump. I think investors who know about DCA investment strategy will definitely not want to invest in any other investment method.

You described several of the considerations of why to do DCA in very good ways, including the implication that DCA allows for a very good focus on managing personal finances while at the same time ongoingly, persistently and consistently investing into bitcoin, so there tends to be a lot of value to consistently invest in bitcoin while building and/or maintaining strong financial management practices.... and DCA works very well with an ongoing tailoring to achieve such objectives -  but that still does not mean that DCA is the best for all circumstances and/or that lump sum and/or buying on dips can have a lot of advantages during various scenarios to become preferable to DCA under those kinds of circumstances.. and do I need to explain further with examples or might you come up with your own examples to verify that each of the strategies (of DCA, lump sum and buying on dips) has advantages in certain circumstances, and frequently I consider HODL to be a strategy that comes from either having had made errors or even coming when there might be a transition from a status of still accumulating to a status of maintenance or liquidation... so even HODL can have its advantageous place under certain scenarios in which each of us has to figure out these kinds of balances and applications, and we are not always even going to end up applying our strategies in the best ways, but hopefully we are trying to optimize our strategies as best as we can based on our putting systems in place, learning along the way and sometimes adapting our strategies (tweaking) along the way, too.

In as much as I couldn't understand or interpret the message you are trying to pass across due to grammatical structure, I still think there are some information that you talked about that are not correct in anyway.

dca investment strategy has made our investment so easy that now we don't need to manage enough money to invest with that money but we have the opportunity to invest with the amount of money we have at any time of the market.

I was quite disappointed after reading this first part of the post, because it seems some people don't even know what DCA means since the introduction of this thread.
Of course, I can't dispute the fact that DCA method is an easy strategy to pratice, especially as a new investor, but the question is do you even know what DCA means and how it is done ?.  Well let me give you a brief explanation:
DCA also known as Dollar Cost Averaging( in full), is a strategy that allows investors to invest same amount of money at regular interval. Which means an investor might choose to invest $70-$100, let's say every first monday of the month. This investment should be made regardless of the market condition and price of Bitcoin.

So by saying we can" invest with the amount of money we have" is misleading.

Up until this point, you are correct in everything that you say Felicity_Tide; however, there is no need to be so strict in your definition of what counts as DCA. 

With DCA, there are options and discretion that still will keep you in DCA, you can be strict in terms of both amounts and in terms of time, yet you can also be flexible in regards to both amounts and time.

So, I would not get so caught up in terms of saying that DCA has to be a fixed amount at a fixed time, since it is even likely that anyone with a fixed amount and a fixed time either has fixed discretionary income or they have chosen to invest into bitcoin with their DCA strategy in a somewhat passive (and perhaps less aggressive) kind of a way.

And, yeah, guys could still be employing DCA whether they choose to be whimpy or aggressive and whether they choose to be regular or irregular in terms of quantity and/or time.  Sure, there could be such erraticism in terms of an accumulation style/practice that it might no longer seem to fit into a DCA definition, but merely employing flexibility in terms of time and/or quantity would not in itself disqualify an approach from falling within a style/practice that is categorized as DCA.

And also, by saying " we don't need to manage enough money to invest" should be thoroughly reviewed and corrected as well, because I see no reason why we shouldn't manage. Managing our income even helps us better in identifying a specific amount that can be maintained (for dca purposes) over a long period of investment term. If you can't manage your funds, then sorry, you might be tempted to slash what you've agreed to be your DCA investment funds.

Personally, I believe that you are misreading Lidger, and Lidger might have had been trying that we don't need to have a lot of money in order to invest... which is a true statement.  We frequently consider how much is our disposable income, and surely if we have disposable income then we are able to invest, and if we do not have disposable income then we might believe that we are investing, but instead we are gambling because we might be "investing" with money that we actually need for our expenses and we are hoping that our "investment" or our gamble pays off prior to our needing the money.

Like I have always pointed out, there must be proper planning. You must know your strength and how much you can genuinely invest at regular interval, and not you investing just what you have(calling it a DCA strategy).

I am not sure how much there is a need for "proper planning," yet on a basic level to get started in investing, there should be some kind of a determination that you have discretionary income, and many people might already have sufficient knowledge of their cashflow in order to make a rough calculation in regards to whether or not they have discretionary income so that they would be able to invest.  Surely you are correct that the more that we want our investment (and/or accumulation) of BTC to be sustainable, then we likely have to have some plans regarding how much we want to invest into bitcoin and various ideas regarding how to get to places that we might want to go and whether we might want to use DCA or maybe to use Lump sum, buying on dips or maybe some combination of two or three of these approaches to BTC accumulation/investing.  Also, some folks might not even want to invest, but they want to trade, so there might be some needs to consider whether they are wanting to invest or trade, and surely many of us consider investing to be preferable, including that the topic of this thread revolves around presumptions of investing into bitcoin being preferable rather than trying to trade it.

One of the major advantages of DCA investment is that in this investment strategy, the investor is invested at almost every price point in the market so that when there is a lot of dumping in the market, the investor invests and when there is excess pumping in the market, the investor invests.  

By investing in two phases of the market, investors have the potential to make a profit even if they over-dump and over-pump.

Your information is somewhat confusing. You are unable to distinguish between who is making the dump and pump, to the investor you are talking about. Morever, I personally don't use the word pump and dump for Bitcoin, but use them for shitcoins.

Sure Lidger could have potentially been more eloquent in his choice of words, yet pumping and dumping still exists in bitcoin, yet it also seems that Lidger's overall pint about DCA being applicable in any market condition remains valid, yet surely when there is discussion about pumping and dumping, readers of those ideas might get some wrong impression that there might be some needs to pay attention to whether there is pumping and/or dumping, yet Lidger still sticks to the point that with DCA buying takes place in either kind of market.. which truly is accurate, even if it was expressed in a bit of a weird way that seems to throw in trading ideas rather than investing ideas.. while at the same time, many of us can recognize and appreciate that bitcoin price dynamics can be quite volatile, and we should already be financially and psychologically prepared for a kind of inevitability of BTC price volatility and continue to buy during volatile periods, even if those volatile periods might be extreme (in terms of dumping and/or pumping as Lidger seemed to have had referred to such BTC price dynamics).

I think investors who know about DCA investment strategy will definitely not want to invest in any other investment method.

This is clearly what you think, but trust me when I say that some investors, especially those who buy massively don't use this strategy. And that doesn't mean that they are not aware of this strategy, because it's totally their choice to choose which strategy to opt for. But the reason why we encourage the dca strategy on this thread is to help new investors accumulate with ease and with less risk, morever, I use this strategy as well. These are my opinion.

I already responded to this point above, and surely from my own perspective DCA is a very good and strong strategy that works very well for beginner investors (or investors who might not be beginner but they are still using DCA to enter into a position over time rather than choosing lump sum or buying on dips, to the extent that either lump sum and/or buying on dips might be applicable or preferable to their situation). The essence of matter may still well be that DCA is the better of strategies for an overwhelming majority of people who are getting into bitcoin, especially if we may well consider that an overwhelming majority of the world's population (perhaps somewhere in the ballpark of 99%?) does not have any or even a sufficient amount of exposure to bitcoin prices or even better direct ownership of bitcoin...so we might well presume that an overwhelming majority of the world's population may well want to choose DCA first when getting started (or getting exposure to)with bitcoin.  Lump sum and/or buying dips can supplement DCA and might even sometimes be preferable, yet we cannot necessarily presume which method is preferable, and surely once a person has spent a decent amount of time accumulating bitcoin, then his own amount of BTC accumulation may well end up affecting the extent to which he might want to continue to employ DCA or if one or both of the other methods might become preferable over continuing to DCA into BTC. 

[Odusko]

Those people who get that tendency to be emotional caused by the smallest negative price movement of Bitcoin are those people who want to take profit in fiat. HODLers are in a different mental state. They WANT those DIPs, whether they're buying the DIP are doing DCA. It's simply another opportunity to buy more units in Bitcoin.

Plus if you're a HODLer you should actually have a good understanding of the basic technical side of Bitcoin. It helps not to panic because you know Bitcoin has massive potential value, although sometimes there might be some anxiety. We are still humans.

The truth is that, those that are emotionally occupied with price action have no place for long term holding, and they can't make up for a good DCA position since the lack the requisite knowledge and frame of mind to undoubtedly take action on the market and achieve a position, this is very important to first take care of before any other things, so anyone that is emotionally unstable should at least stay away from the market for a well good time, and after the build the needed knowledge about price movement and when best to take action then they can return back to buy in some lump sum and take the right position.
On the other hand most of those that have made some positive progress in the DCA position have always have one thing to say about the one thing that fundamentallly helped them to achieve such a financial state, which is persistent buying of Bitcoin at anytime there is an opportunity to buy more and take a position, most times arriving at a financial goal through Bitcoin may be hard for those that lack the consistency to take position frequently, and most of those set of people are those that may lack the right knowledge and commitment to make continues progress in the DCA journey.
Long term holding is the best way not to lose our on the future gains that the market present, so not taking action along market sentiment will ease you up alot, and in doing so you have to note that you only lose when you sell your Bitcoin at below the price you bought it, that is why you have to have long term perspective and goal before you start your Bitcoin accumulation journey.