Buy the DIP, and HODL!

[JayJuanGee]

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.

Your post is confusing, Odusko.

Surely folks who are emotional about investing (whether bitcoin or otherwise) need to figure out ways to deal with their emotions, yet I doubt that waiting or studying or whatever investigation you are suggesting is going to be as helpful as just jumping in.... So emotions should be able to be managed in accordance with investment size, so there would merely be a need to figure out if they have disposable income or not, and if they have disposable income, then they are 100% ready to invest into bitcoin, and so they would just need to figure out how much and of course, from where to source their bitcoin.  If they either don't have disposable income or they cannot figure out whether they have disposable income, then they need to figure that out first.  Persons without disposable income are not in a position to invest into bitcoin.

Surely any newbie to bitcoin is likely going to need to continue to study and/or figure out their cashflow management situation, to the extent to which they might not already possess that level of knowledge, and so surely each person is responsible to figure out their own level of competence and to figure out ways to invest into bitcoin in ways that are within their level of competence, since no one is going to necessarily help them out or bail them out if they fuck up their own level of investment into bitcoin or if they under or overinvest into bitcoin based on their own lack of competence and their choice to not gain further and/or sufficient competence to match their level of investment into bitcoin... so surely, anyone could end up fucking up their own bitcoin investment in either direction, which would be investing too much or investing too little... so any assertion to get started investing into bitcoin as soon as possible does not alleviate anyone from achieving their own level of responsibility through whatever level of due diligence they need to carry out when they choose whether and/or how much to invest into bitcoin.. and the various BTC accumulation strategies that might be included in such decision to invest into bitcoin if they end up going down the investment route.

[Obim34]

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.

Your post is confusing, Odusko.

Surely folks who are emotional about investing (whether bitcoin or otherwise) need to figure out ways to deal with their emotions, yet I doubt that waiting or studying or whatever investigation you are suggesting is going to be as helpful as just jumping in.... So emotions should be able to be managed in accordance with investment size, so there would merely be a need to figure out if they have disposable income or not, and if they have disposable income, then they are 100% ready to invest into bitcoin, and so they would just need to figure out how much and of course, from where to source their bitcoin.  If they either don't have disposable income or they cannot figure out whether they have disposable income, then they need to figure that out first.  Persons without disposable income are not in a position to invest into bitcoin.

Surely any newbie to bitcoin is likely going to need to continue to study and/or figure out their cashflow management situation, to the extent to which they might not already possess that level of knowledge, and so surely each person is responsible to figure out their own level of competence and to figure out ways to invest into bitcoin in ways that are within their level of competence, since no one is going to necessarily help them out or bail them out if they fuck up their own level of investment into bitcoin or if they under or overinvest into bitcoin based on their own lack of competence and their choice to not gain further and/or sufficient competence to match their level of investment into bitcoin... so surely, anyone could end up fucking up their own bitcoin investment in either direction, which would be investing too much or investing too little... so any assertion to get started investing into bitcoin as soon as possible does not alleviate anyone from achieving their own level of responsibility through whatever level of due diligence they need to carry out when they choose whether and/or how much to invest into bitcoin.. and the various BTC accumulation strategies that might be included in such decision to invest into bitcoin if they end up going down the investment route.

The whole fact about it all, is that everything we do concerns or requires a certain level of knowledge, it could aswell be that little which is rightly appropriate for a beginner, now going further the rest of knowledge goes with one's ability to remain consistent in the market. I think most especially the new investors are likely to make the right choices for themselves on how they understand even slightly on how the market operates, it could be on how much they choose to invest, when and what strategies to be implemented without having to blindly follow whatever they feel could be it, whereas we know that little mistake that could be made and it turns out to become a huge loss.

[Justbillywitt]

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.

That's just the absolutely the truth. Some people tends to forget this and only focus on bitcoin price and arguing about methods of buying bitcoin which should be the best and which one is inappropriate. They often neglect the fact that at the end of the day it is what you have in your portfolio that will count and the strategy that was utilized to acquire them. In this particular thread there are users who look at others who favour using other methods of buying bitcoin apart from DCA method as infidel, but it ought not to be so. All methods of buying bitcoin is sending one simple message, and it is buy and Hodl as much bitcoin as you can irrespective of the approach adopted.

[Cryptoprincess101]

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).

Sure the upwards and downwards movements of the price of Bitcoin is what keeps the Market balanced so an investor who is a beginner should not only think about buying with the believe that the price will keep skyrocketing because a time will come when the price will also experience some DIP in price so if it is someone that bought with the mindset of the price to continuously increase, they can become emotional when the price starts going down and they can even decide to sell out of panic which will be a very wrong approach for a beginner. A beginner should be able to understand that the journey of their hodling is a very long one so they need not to look at the price of Bitcoin at any intervals as what they should be concerned about is to keep accumulating through the DCA without dropping out at any point so far as their income is coming on a regular basis.
      DCAing every week is a very good and quick way to making huge accumulation but any Bitcoin investor should be able to figure out when to best DCA without being affected in other areas of life so they can still DCA on a monthly basis depending on their inflow and the intervals they received their income, so for someone who receives income on weekly basis he can choose to DCA every week then for someone that receives monthly salary, can also DCA every month so there's no big deal about when to DCA.
       It has often been discussed that waiting for a DIP to happen before buying Bitcoin is not a good practice because you can wait for a DIP and it doesn't come at that material time which might result to using up the money you wanted to use and buy at a DIP price on other needs that will arise.

[Dailyscript]

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.

You are getting it all wrong here. A successful long-term investment doesn't require an investor to completely stay out of the market until there is perfect knowledge. In as much we talk about the dangerous of timing the market a lot it doesn't mean that one shouldn't check on his investment from time to time. What you need to understand here to be clear is that emotional control and discipline are what is important for long-term success. When you start investing through DCA it doesn't stop there. Investing, knowledge, and discipline is what investors need to suit their risk and tolerance for a successful investment.

And don't forget that knowledge is a continuous process, there is no perfect knowledge when it comes to investment. Technology is constantly evolving. While we prioritize knowledge along our investment, is unrealistic to expect to have all the answers before starting to invest. We frequently learn and adapt to what we have learned alongside our investment.

Your post is confusing, Odusko.

Surely folks who are emotional about investing (whether bitcoin or otherwise) need to figure out ways to deal with their emotions, yet I doubt that waiting or studying or whatever investigation you are suggesting is going to be as helpful as just jumping in.... So emotions should be able to be managed in accordance with investment size, so there would merely be a need to figure out if they have disposable income or not, and if they have disposable income, then they are 100% ready to invest into bitcoin, and so they would just need to figure out how much and of course, from where to source their bitcoin.  If they either don't have disposable income or they cannot figure out whether they have disposable income, then they need to figure that out first.  Persons without disposable income are not in a position to invest into bitcoin.

Surely any newbie to bitcoin is likely going to need to continue to study and/or figure out their cashflow management situation, to the extent to which they might not already possess that level of knowledge, and so surely each person is responsible to figure out their own level of competence and to figure out ways to invest into bitcoin in ways that are within their level of competence, since no one is going to necessarily help them out or bail them out if they fuck up their own level of investment into bitcoin or if they under or overinvest into bitcoin based on their own lack of competence and their choice to not gain further and/or sufficient competence to match their level of investment into bitcoin... so surely, anyone could end up fucking up their own bitcoin investment in either direction, which would be investing too much or investing too little... so any assertion to get started investing into bitcoin as soon as possible does not alleviate anyone from achieving their own level of responsibility through whatever level of due diligence they need to carry out when they choose whether and/or how much to invest into bitcoin.. and the various BTC accumulation strategies that might be included in such decision to invest into bitcoin if they end up going down the investment route.

You're right here! I remember when I was a kid playing Super Mario, we would always start our adventure and along the path, we collected stars that would give us extra lives in completing our adventure. But I don't need to collect every single star before starting my adventure. It's similar to this case here. Knowledge is like an extra lives in Super Mario. It helps us overcome and survive things when they get tricky along our investment (emotion, price swings to mention a few). But we do not need to wait to acquire all the knowledge before starting our investment.

[Pi$$]

The whole fact about it all, is that everything we do concerns or requires a certain level of knowledge, it could aswell be that little which is rightly appropriate for a beginner, now going further the rest of knowledge goes with one's ability to remain consistent in the market. I think most especially the new investors are likely to make the right choices for themselves on how they understand even slightly on how the market operates, it could be on how much they choose to invest, when and what strategies to be implemented without having to blindly follow whatever they feel could be it, whereas we know that little mistake that could be made and it turns out to become a huge loss.

The only level of knowledge that is required here as an investor to start your Bitcoin journey is storage, security, risk and tolerance which in general are the process of starting an investment. When you eventually buy a little then you will understand that the rue knowledge comes when you have already get your investment kicking. Along the line you will understand what i mean. The good news is that there is a ton of information's out here for Bitcoin beginners. A lot of learning resources, articles and even here in this very forum can equip you with several knowledge from different enthusiast so that you can choose to make informed decisions from their opinions.

[Stablexcoin]

Sure the upwards and downwards movements of the price of Bitcoin is what keeps the Market balanced so an investor who is a beginner should not only think about buying with the believe that the price will keep skyrocketing because a time will come when the price will also experience some DIP in price so if it is someone that bought with the mindset of the price to continuously increase, they can become emotional when the price starts going down and they can even decide to sell out of panic which will be a very wrong approach for a beginner. A beginner should be able to understand that the journey of their hodling is a very long one so they need not to look at the price of Bitcoin at any intervals as what they should be concerned about is to keep accumulating through the DCA without dropping out at any point so far as their income is coming on a regular basis.
DCAing every week is a very good and quick way to making huge accumulation but any Bitcoin investor should be able to figure out when to best DCA without being affected in other areas of life so they can still DCA on a monthly basis depending on their inflow and the intervals they received their income, so for someone who receives income on weekly basis he can choose to DCA every week then for someone that receives monthly salary, can also DCA every month so there's no big deal about when to DCA.
It has often been discussed that waiting for a DIP to happen before buying Bitcoin is not a good practice because you can wait for a DIP and it doesn't come at that material time which might result to using up the money you wanted to use and buy at a DIP price on other needs that will arise.

It does not matter at what point we enter the market and start to DCA. Bitcoin has been expensive to start investing at all prices to procrastinators. It was expensive at $1, $10, $100, $30k, and $60 and it is close to $100k and it could be worth more than that shortly. Yet they still can't afford it.

[Lidger]

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.

DCA investment strategy will definitely make your long term investment easier. If people who invest but do not know about DCA investment strategy are discussed about this investment strategy then they will definitely invest in this strategy excluding all investment strategies. DCA investment method is a simple and effective investment strategy. Investors do not need sufficient amount of money to invest in this strategy but if that investor has the ability to invest a certain amount of money regularly.

If you are a new investor then surely this investment strategy will work for you. You just continue to invest in this strategy consistently and at some point you will realize for yourself how positive this strategy has been for you. When you look at your total investment after a long period of time, you will be amazed at how much you have invested even with small investments.

[Odohu]

It does not matter at what point we enter the market and start to DCA. Bitcoin has been expensive to start investing at all prices to procrastinators. It was expensive at $1, $10, $100, $30k, and $60 and it is close to $100k and it could be worth more than that shortly. Yet they still can't afford it.

I think ignorance is part of the reason people assume Bitcoin to be too expensive. I will use myself as a case study because at the early stages I never knew I could buy Bitcoin with any amount. I felt I must buy Bitcoin as a whole number like 1BTC, 2BTC and so on, and when I checked the price, it was more than what I had then so I was optimistic that in the future I will own some Bitcoin.  It was later, when I started using Bitcoin to make paymets across borders, I realised that any amount can be purchased. So, it is possible some people have not really understood that buying a fraction of Bitcoin is possible hence, the reason for their reluctance to get started, however,  this might actually be a very weak reason considering how popular Bitcoin have become. 

Whatever be the reason, procrastination have never been a good attribute for any investor and anyone who allow himself to be entangled in that end up missing opportunities he will rue for a long time if not for a lifetime.

[Tmoonz]

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.

DCA investment strategy will definitely make your long term investment easier. If people who invest but do not know about DCA investment strategy are discussed about this investment strategy then they will definitely invest in this strategy excluding all investment strategies. DCA investment method is a simple and effective investment strategy. Investors do not need sufficient amount of money to invest in this strategy but if that investor has the ability to invest a certain amount of money regularly.

If you are a new investor then surely this investment strategy will work for you. You just continue to invest in this strategy consistently and at some point you will realize for yourself how positive this strategy has been for you. When you look at your total investment after a long period of time, you will be amazed at how much you have invested even with small investments.

Yeah I completely agree with you, as it takes fewer and fewer of Bitcoin to build a good size up to a reasonable amount, just as the saying that a thousands drops of water can make an ocean so is the effects of the dac strategy, most importantly consistency should be an imperative as regards to working towards achieving a good size of Bitcoin, the DCA strategy has tremendous benefits the reason why it dominates the thread, it gives room for the inexperienced to be in the market on time without attempting to gain much of the knowledge before entering the market, the DCA strategy is a strategy I personally call the super strategy as it can be use by any categories of investor.

[Wind_FURY]

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.

That post of yours reminded me of something like this meme about the Bitcoin doubters and the haters.



I may sound like a broken record again for asking this question and using as a basis for a debate why are doubters being doubters, and why haters are being haters.

- How long must the network chug along and prove itself before they accept Bitcoin as a new asset class?

[Tmoonz]

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.

That post of yours reminded me of something like this meme about the Bitcoin doubters and the haters.



I may sound like a broken record again for asking this question and using as a basis for a debate why are doubters being doubters, and why haters are being haters.

- How long must the network chug along and prove itself before they accept Bitcoin as a new asset class?

Note, every one must not and cannot accept Bitcoin as a new asset class as it is normal while others will be ignorant of it  others will as well be taken advantage of it's benefits, it has really shown and have proven beyond every reasonable doubt to have a solid foundation which alot of people I consider to be sighted, indecisive, refusing and failing to see the potentials that Bitcoin holds. Historically it is very much evidenced and vivid enough not to be doubted or hated,(anti Bitcoin). However, everyone is at liberty to do whatever they like.

[Ambatman]

- How long must the network chug along and prove itself before they accept Bitcoin as a new asset class?

Friends and neighbors success are one of the biggest influencer
But still everybody can not like you
Same applies with Bitcoin
It's not really easy for people to change from what they have been indoctrinated into believing
Been open minded is one way to explore opportunities
Unfortunately or fortunately not everybody is
Everything that made quite a stir and changes in history were always considered risky in their early phase

In a nutshell, Success speaks for itself.

[wmaurik]

It does not matter at what point we enter the market and start to DCA. Bitcoin has been expensive to start investing at all prices to procrastinators. It was expensive at $1, $10, $100, $30k, and $60 and it is close to $100k and it could be worth more than that shortly. Yet they still can't afford it.

People who still think Bitcoin is expensive usually also tend to be afraid to buy at any price, so people like that will continue to delay and postpone buying Bitcoin because they always put forward their own reasons when asked by other people. Because for those who like to buy or really have the desire to buy Bitcoin whenever they have money that is not used, that person will not really care about the price as long as it can make him happy after buying Bitcoin. I also still like to use DCA when I want to buy Bitcoin, but sometimes I don't set a time for how many times I can buy Bitcoin each month because I sometimes like to buy when I have money that I don't use for other things.

[Justbillywitt]

The whole fact about it all, is that everything we do concerns or requires a certain level of knowledge, it could aswell be that little which is rightly appropriate for a beginner, now going further the rest of knowledge goes with one's ability to remain consistent in the market. I think most especially the new investors are likely to make the right choices for themselves on how they understand even slightly on how the market operates, it could be on how much they choose to invest, when and what strategies to be implemented without having to blindly follow whatever they feel could be it, whereas we know that little mistake that could be made and it turns out to become a huge loss.

The only level of knowledge that is required here as an investor to start your Bitcoin journey is storage, security, risk and tolerance which in general are the process of starting an investment. When you eventually buy a little then you will understand that the rue knowledge comes when you have already get your investment kicking. Along the line you will understand what i mean. The good news is that there is a ton of information's out here for Bitcoin beginners. A lot of learning resources, articles and even here in this very forum can equip you with several knowledge from different enthusiast so that you can choose to make informed decisions from their opinions.

You have forgotten to add the knowledge of how to buy from exchanges be it Dex or cex. This is also one of the basic knowledge that a new investor need to know because you will need to know how to deposit and convert your local currency into usdt in exchanges or how to buy from P2P in exchanges. Everything else you said above is valid, as I was reading through your post I just saw that you didn't cover this aspect. Buying bitcoin for the first time is a very delicate something and someone who is new really have to get the basic knowledge of how to navigate the exchanges to make his first buy. As it is not advisable to be buying through a third party, so a new investor should have the knowledge of how to use the exchanges.

[I_Anime]

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.

That's just the absolutely the truth. Some people tends to forget this and only focus on bitcoin price and arguing about methods of buying bitcoin which should be the best and which one is inappropriate. They often neglect the fact that at the end of the day it is what you have in your portfolio that will count and the strategy that was utilized to acquire them. In this particular thread there are users who look at others who favour using other methods of buying bitcoin apart from DCA method as infidel, but it ought not to be so. All methods of buying bitcoin is sending one simple message, and it is buy and Hodl as much bitcoin as you can irrespective of the approach adopted.

That is true everything boils down the number of bitcoin stashes on has on his portfolio, because you can`t compare someone that has $100k so someone that have $50k  on their portfolio, is the fact that the one with higher bitcoin stashes will endup with more profit during the surges of prices, so what am trying to say is that we should erase that mindset of selling our coin (bitcoin) early, and focus more on accumulating more till you have gotten to point of having enough bitcoin , before thinking of taken profit from your investment.

the reason why most people endup messing up their investment is due to poor planning and also poor management of emotions. most folks aall they can take about is how they will get rich quick , which may lead them going all in like is a form of gambling, without making a proper planning like having an emergency funds so that won`t endup seeing your investment as your emergency funds.

[cryptoWODL]

If you are a new investor then surely this investment strategy will work for you. You just continue to invest in this strategy consistently and at some point you will realize for yourself how positive this strategy has been for you. When you look at your total investment after a long period of time, you will be amazed at how much you have invested even with small investments.

Not only new investors but also many experienced or old investors are now increasing their investments by adopting DCA regularly.

Dollar cost averaging is a progressive and balanced investment strategy. One of our goals in investing in this way is to lower the average cost and even aim for better returns over the long term. Those who have sufficient capacity may not invest in this method, but those who do not have sufficient capacity and even if they are willing to invest, if they invest using this method, it becomes easier for them to invest. Because by adopting this method you will be able to invest even in small scale. Buy Bitcoins with the same amount of money every week or month using DCA regardless of whether the price of Bitcoin goes up or down. I read in the pages of the book that small grains of sand form continents. Similarly, if you invest in the dollar cost averaging method, your small investment will eventually turn into a large one.

[rachael9385]

The whole fact about it all, is that everything we do concerns or requires a certain level of knowledge, it could aswell be that little which is rightly appropriate for a beginner, now going further the rest of knowledge goes with one's ability to remain consistent in the market. I think most especially the new investors are likely to make the right choices for themselves on how they understand even slightly on how the market operates, it could be on how much they choose to invest, when and what strategies to be implemented without having to blindly follow whatever they feel could be it, whereas we know that little mistake that could be made and it turns out to become a huge loss.

The only level of knowledge that is required here as an investor to start your Bitcoin journey is storage, security, risk and tolerance which in general are the process of starting an investment. When you eventually buy a little then you will understand that the rue knowledge comes when you have already get your investment kicking. Along the line you will understand what i mean. The good news is that there is a ton of information's out here for Bitcoin beginners. A lot of learning resources, articles and even here in this very forum can equip you with several knowledge from different enthusiast so that you can choose to make informed decisions from their opinions.

Well, your points are not actually bad but the most important knowledge that a new Bitcoin investor needs before applying security to his holdings is how to buy. If an investor knows how to buy he can also know how to secure his Bitcoin, at that moment he believes that it is his asset because he exchanged his fiat for Bitcoin through p2p, at this first point when he has purchased Bitcoin he doesn't care if he has make profits or not, the next step is for him to send the Bitcoin to the wallet he will use for holding. Which means after buying, the other important step is sending.
As a newbie to Bitcoin investment, you also need to calculate the figures of Bitcoin you have, so that while sending from the exchange you bought Bitcoin from to the wallet that you will use for holding you can be able to figure out the fees for your transactions so that you will know the figures of Bitcoin that you will receive.
However, after sending the next steps is how to secure your assets, this is also one of the important part while investing, you should be able to know how to secure your Bitcoin.
IMO, while apply DCA method on your Bitcoin investment and you are going for long term, you don't need to depend on any advice from anyone, just work, get paid and invest.

[Sim_card]

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.

I agree with you that there are some level that our bitcoin stash would have reached that DCA strategy might not be the best way to increase one bitcoin investment portfolio. In some situations whereby an investor have accumulated a lot of bitcoin but have not reach his bitcoin target he might decide not to DCA anymore but lump sum and use buy at the dip to accumulate more bitcoin to his portfolio. Example is Michael Saylor that buys bitcoin through lump sum because he does not care about regular purchase maybe it will be stressful to him.

Like you said hodli is another way to increase your bitcoin investment portfolio when you are in your maintenance stage because the more time passes by the value of bitcoin increase and your bitcoin portfolio will also increase simultaneously with the price of bitcoin. This is why hodli for a very longer time is more beneficial and has the possibility of giver your more profits.

DCA is very good as a new beginner who has the zeal to accumulate enough Bitcoin overtime jud like Nayib Bukele who started the purch of bitcoin in 2021 using DCA method and even when the price of bitcoin dip to $19000, no matter the loss in the country bitcoin portfolio he continued buying at the dip without listening to fake advice and distraction from the media and the so called expert and currently El Salvador bitcoin portfolio is in huge profit. Bukele did not stop there he is still buying and said he will stop buying when his fiat currency can no longer buy bitcoin. Being flexible to the market and tweaking to various buying strategies is good and different level of your bitcoin accumulation phase.

[avp2306]

It does not matter at what point we enter the market and start to DCA. Bitcoin has been expensive to start investing at all prices to procrastinators. It was expensive at $1, $10, $100, $30k, and $60 and it is close to $100k and it could be worth more than that shortly. Yet they still can't afford it.

People who still think Bitcoin is expensive usually also tend to be afraid to buy at any price, so people like that will continue to delay and postpone buying Bitcoin because they always put forward their own reasons when asked by other people. Because for those who like to buy or really have the desire to buy Bitcoin whenever they have money that is not used, that person will not really care about the price as long as it can make him happy after buying Bitcoin. I also still like to use DCA when I want to buy Bitcoin, but sometimes I don't set a time for how many times I can buy Bitcoin each month because I sometimes like to buy when I have money that I don't use for other things.

If they look at the price as a whole then they might really think that bitcoin price is expensive. But if they would look at the volume they possibly can accumulate depends on the amount they are willing to use then with that they could able to think that bitcoin is reachable and they can accumulate at anytime they want. But usually those people think about that is a complete newbie and its understandable on why they think about that. Then much better to correct all their misconceptions and guide them on proper information since for sure that once they learn about DCA and how properly used it then provably that there would be no expensive price they would ever thin and people will continue to accumulate to increase their portfolio then earn competitive figures in future by doing long term hodl on Bitcoin.

DCA is a strategy is really the most ideal strategy to use since all people could do it without getting any much bigger issues..