Buy the DIP, and HODL!

[laijsica]

Because the Bitcoin market is known to be very volatile, it allows investors to use the DCA method to invest in the long term by buying Bitcoin regularly. This method will not work perfectly without being accompanied by financial, mental and patience readiness. The funds used should not be used for other needs in order to be ready to withstand shocks in the market, investors must also have a mentality that is ready to withstand emotional turmoil when the value of Bitcoin continues to fall and patience in investing is needed because the situation that occurs in the market is not always smooth as imagined.

Investors certainly do not want their money to just disappear, there are always efforts to find ways to keep the invested value intact and get profit from the investment. In investing you must be able to think realistically, never get caught up in market conditions and assume prices will continue to rise. Now that Bitcoin is starting to trade at a slightly higher price, you should be patient and wait for the price to drop, when you buy at a lower price, your money is not tied up too much if the price goes lower because you can activate the DCA strategy afterwards.

Using the DCA method to invest in the long term I think is not because the price of Bitcoin continues to move quickly or the price of Bitcoin is very volatile as you said, but more on people's choices or limited money to invest so that the DCA method is quite good to do buying slowly with the existing ability without disturbing other personal finances, so investment will be safer if using money that is not used in everyday life.

It all goes back to the initial planning, if to invest in Bitcoin for the future I don't think much consideration is needed but for a plan to take advantage of a certain amount requires a lot of calculations and market alliances.
Now we are talking about investing for the future and using the DCA method to collect it, I think it won't be difficult, do it and forget it until our future will benefit.

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

[Wind_FURY]

Is it truly now possible that we won't be seeing any large DIPs anymore after Trump's announcement of a Strategic Bitcoin Reserve? Because why would individuals and institutions sell their Bitcoin with the knowledge that there's a probable race between nations in Bitcoin accumulation. One nation like China WON'T allow itself to be behind the United States in participating in this technological marvel. Russia, because of Bitcoin's properties and in their current situation, will need to buy it as well, and better buy it while it's in five digits.

Perhaps the "Bitcoin Race" will start on 2025, no? There's no need to wait to buy the DIP anymore if that's true. It's DCA and front-run everyone!

Oh gawd Wind_FURY.  You are outrageous sometimes.

This sounds like your previous prediction (wasn't that in around early 2021? or did you say that in late 2021?) that bitcoin would never go below $50k again, and how did that play out?

it does not really matter too much whether you said that in early 2021 or in late 2021 because that kind of a statement was a bit too much, and not merely because you ended up being wrong, but because the contents of the statement was putting too much confidence in one BTC price direction and expressing yourself in absolutes... Yes, I know that you cannot help yourself, but still could you at least try a bit MOAR harder? Just for funzies?   

I'm merely speaking in hypotheticals, ser. Because if Trump indeed creates a Bitcoin Strategic Fund, and considering the actual nature of Bitcoin - attributed to its design, do you actually believe that Russia and China will simply ignore that? Has Bitcoin no technical merit to become something much larger in the coming decade?

I don't know, but if Trump wins, and his Bitcoin Strategic Reserve actually causes other regions in the world to follow the United States in purchasing Bitcoin, it will not matter what I said in the past.

I think what @JayJuanGee is trying to say is that you shouldn't be certain about your assertions that "there's no need to wait for a DIP anymore" because even if Trump's Bitcoin strategy reserve influence the price of Bitcoin positively and also cause an increase in adoption all over the world since a lot of countries will want to follow the step of the United States but that doesn't mean the price of Bitcoin may not DIP anymore, remember there are many factors that attributes to the price of Bitcoin going up or down. Even if Bitcoin gains full adoption it doesn't mean the price cannot fall again at some time so we shouldn't be too confident that if Trump wins the upcoming United States election and Bitcoin strategic reserves becomes a reality that the price of Bitcoin will not DIP anymore. If you assumes that then possibly you are giving us the impression that Bitcoins price movements is dependent on political influence which is not true.

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

About your predictions in the past, @JayJuanGee has already made it clear that he just said it for funzies after all every one of us have made wrong predictions in the past since we only speculate the price of Bitcoin but we can never be certain.

That's alright, it doesn't truly affect my mood, especially not now. Perhaps if Bitcoin actually crashed back to $3,000 I would be very annoyed by the smallest comments. Haha.

[Bravut]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

[Roseline492]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Of course expecting a higher returns from your investment in the future totally depends on the size of your portfolio, which is why I always tell people who always talk about buying only when they see a price declined of Bitcoin before they invest to stop that method because for someone who has intend to hold for a long term it will be a very sad one if somebody was able to hold Bitcoin for years and when the time will come for harvest there investment portfolio will be too small to yield much profits, so perhaps this is actually the best time for people who depends on the price decline of Bitcoin to stop that method and start focusing on DCA investment because for me I consider those people who only wait for price decline to buy as a waste of time especially those who invest little amount of money because even with several years of investment they may not even have a good stash on there portfolio. Though don't misunderstand me because I'm not saying that buying at dip is totally wrong but in other words those who doesn't have much money should consider DCA instead of following those who only invest with a larger amounts at dip.

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

The good thing about it is that if eventually it happens the way they plan it to be it will actually increase the mass adoption of Bitcoin and those who never believed on Bitcoin will realize that the moment they need to change there narrative has come, so of course it will create more value in Bitcoin so like you said if truly those things will happen, being more consistent on investing on Bitcoin now would be advised.

[rachael9385]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

[Ricardo11]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

[Ricardo11]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

[Z_MBFM]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

These are now common suggestions heard everywhere. DCA is definitely a good strategy.

But we can follow the market and make various predictions to understand the minimum price of Bitcoin can fall to USD so accordingly we can create many Dip positions and when the price of Bitcoin reaches that price we can buy Bitcoin according to our financial condition and ability to invest. And if we can hold them for long term then it will be very easy to make good amount of profit.

No matter what strategy you use if you can't hold bitcoin long term. In that case Bitcoin will not give you a very good return. so your main focus in investing in Bitcoins should be to hold Bitcoins for the long term

[GIF-JOBS]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

Yes I totally agree with your opinion, Bitcoin is absolutely risk free in terms of holding. Because a few days ago Bitcoin did a dumping, many people may have sold their holding because they thought it was a high risk. But those who held and still bought,  they already got them back and because they invested more during that dumping, they got more returns. In that case it is understood that for them it was not a risk but it was an opportunity. Because Bitcoin has already recovered, and this happens all the time, we can definitely profit from Bitcoin if we can fully believe that no matter how much Bitcoin is dumping it will be pumping. Because Bitcoin has come this far today. And its current price is above 66K. Hopefully it will cross 70K again very soon.

[$crypto$]

DCA is a strategy that provides the opportunity to buy Bitcoin at different prices, given its volatile nature. By using this DCA method, instead of buying Bitcoin all at once and later seeing the price drop due to various factors, you can consistently invest over time. This approach helps to accumulate Bitcoin at various price levels, potentially leading to more profits in the long run.

Additionally, DCA prevents the risk of missing investment opportunities by avoiding the need to time the market. Waiting for the price of Bitcoin to drop before investing can cause people to miss out opportunity to invest, as the price may not decrease to the desired level they want but By regularly buying Bitcoin through the DCA method, investors can continuously acquire Bitcoin at different prices, rather than waiting for a perfect entry point that may never come.

DCA is the best way to accumulate bitcoins at different prices, this allows us to vary the price we buy over time and this is one of the most widely used investment examples because buying all at once feels like it would be hard for us because we don't have a lot of money to do that.

Actually, even buying at once at a price of $66K then the price drops to $40K is nothing to worry about because you buy in a lump sum for the long term then bitcoin will definitely go up again so there is no need to worry about this.

That's DCA beginners and old investors still use it the same as the opportunities that we do, therefore this is just instead of waiting for uncertain prices unless they buy at any price no matter the bitcoin for a period of 5 years then it is clear that the benefits will be obtained later.

[Futurexxx]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

Yes I totally agree with your opinion, Bitcoin is absolutely risk free in terms of holding. Because a few days ago Bitcoin did a dumping, many people may have sold their holding because they thought it was a high risk. But those who held and still bought,  they already got them back and because they invested more during that dumping, they got more returns. In that case it is understood that for them it was not a risk but it was an opportunity. Because Bitcoin has already recovered, and this happens all the time, we can definitely profit from Bitcoin if we can fully believe that no matter how much Bitcoin is dumping it will be pumping. Because Bitcoin has come this far today. And its current price is above 66K. Hopefully it will cross 70K again very soon.

What you said is not that bad, but I totally disagree with what you said, which is Bitcoin is absolutely risk free, which in my own opinion it's misleading, especially to someone new or a total novice, I know that due to the potential of Bitcoin, most times people forget their self and get carried away just as you are doing now, but I want you to take note to the fact that Bitcoin investment is as risky as every other investment out there, so don't think that once you invest in it, you are 100% sure that you will be successful.

[SATWAT]

This method is especially useful for those who cannot afford to buy a large amount of bitcoins at once but are willing to invest in bitcoins. Only they can invest in this method and buy bitcoins in small amounts and hold it according to their specific goals.

The DCA method is not only for those who want to buy Bitcoins but cannot buy them all at once due to lack of funds.  The DCA method is for anyone who wants to invest in Bitcoin.  Everyone knows that Bitcoin market is the most volatile market.   If you are a true investor, you definitely don't want your money to be lost after investing.  To catch up with what you said I would have had to go back another 8,9 months and invest when bitcoin was $35k,$36k.  But now the price has reached $70k!  Now what if someone invests a large sum of money at once, and 2 days later the price of Bitcoin drops to $40k?  Have you thought about that?  I think no investor can think like that.

I read few time here about this method DCA, but I am never having anything related about this as I am currently trying to invest in bitcoin for long term I need some updates and information about this if you can give link or related materials this could be great because I am not able to invest huge amount but now having strategy to invest in bitcoin small amounts which will help me and my kids in long run.

It is good that you want to use the DCA method to invest in bitcoin for a long term as a new beginner, I don't have any chart for that but I will advise you to always come to this thread and read about the contributions of other members so that it can guide you along your bitcoin investment journey.

Firstly, you need to calculate how much money that you have left after you have taken care of your monthly expenses and family needs, which you will not need for or or that you can save for long without a problem of spending it so that you can continue buying bitcoin with such amount. From that amount that is left, you can share it into two part and use one part to buy bitcoin every week or month continuously without skipping any week or month.

Next is for you to set up an emergency funds that will be a back up to your bitcoin investment that you are buying and building for a long period of time, so that whatever financial challenges that may come your way during investing, you can use your emergency funds to tackle if when a real emergency happens. That will make you not sell your bitcoin when it is not at your own will. The second part of your discretionary income can be used to build your emergency funds for 3-6 months and above and it is good that you build your emergency funds simultaneously with your bitcoin investment.

After your emergency funds is built up, you can channel that money for building a reserve funds to be a back up to your emergency funds. If you have your emergency funds, reserve funds and float in place, it is your choice to buy bitcoin aggressively so that you can buy more Bitcoin to cover up that time that you were using to build your emergency funds and reserve funds, so that you can accumulate more bitcoin.

I really appreciate your reply with details because now I am trying to read and following few things most chances I will go ahead with my weekly option because currently this is suitable for me and I can accumulate every week which will help me for having long term profit.
But here now I have one problem I never want to stock them on any exchange and having this in my Electrum wallet has never been easy because this need good fees for withdrawing from exchange site hopefully I will do something about this as well because some time back I have nearly 1 bitcoin in cryptophia, but It's never came back into my pocket after this exchange disappear.

[Jewan420]

But we can follow the market and make various predictions to understand the minimum price of Bitcoin can fall to USD so accordingly we can create many Dip positions and when the price of Bitcoin reaches that price we can buy Bitcoin according to our financial condition and ability to invest. And if we can hold them for long term then it will be very easy to make good amount of profit.

No matter what strategy you use if you can't hold bitcoin long term. In that case Bitcoin will not give you a very good return. so your main focus in investing in Bitcoins should be to hold Bitcoins for the long term

I know the method you mentioned is a very profitable method. No one will discourage you from buying dip. To buy a dip you have to wait until the specified time and the specified dip position is reached. Because of this many times you may fail to buy dips and may discourage you from investing.

I can tell you a method as simple as dip buying method. That way you can buy more dips and you can get more profit if you hold it for a long period. Instead of waiting to buy the dip, you can buy small amounts of regular bitcoin as long as the price remains below the new ATH. As long as it doesn't make new ATH you keep your investment and commit to long term. For example, the current ATH of Bitcoin is around $73k, that is, until the price of Bitcoin does not cross $73k, you should consider the price of Bitcoin as a dip and keep buying. When the price crosses $73k and creates a new ATH, you should stop your investment and try to go long. As a result if you start this method now your average dip buying price will be between $65k-$67k. Bitcoin is predicted to be worth $120k or more by the end of this year or next year. If you think you won't buy this savings before the sale, you can (potentially) sell for $150k even if you want to sell after 4 years. Where your average purchase price was $67k and your selling price would be $150k+, your profit would be more than the purchase price. Thus if you target another ATH and trade using the same method then after 4-12 years you can get 3x-4x profit.


I generally prefer the DCA approach, thinking about such an approach in relevant words and discussing it with you. Please correct any mistakes in this procedure.

[Shadiq]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

We all know Bitcoin is a volatile currency. Price dumping and pumping are familiar forms of Bitcoin. Selling savings as they are dumping prices can be considered a bad decision. Investors need to be advised to be bold before giving any advice. The lack of courage to fear dumping can lead to regrets and potential losses. So if you dump the price of Bitcoin, it will definitely pump again, try to hold it instead of selling it out of fear.

[Antonil]

perhaps I you don't really understand how it works let me explain it with an example, so let's take for instance years ago you invested when Bitcoin was $50k and it later fall to $26k there is no need to panic even if your investment depreciated in value but it will surely come back it normal price and even continue the uptrend movement, so truly there no need to be concerned about Bitcoin price because your investment is secured so long as you are holding, so try not to be thinking on that direction.

Thanks for explaining me about holdings so nicely. Your example was helpful for me.

Actually I need some clarification because if that's what you actually mean, it implies that you don't even understand the advantage of holding, you should actually understand that in holding no matter how the price will drop you can never be affected on your investment,

There is a common saying among people about holding: Until the day before death, you can only hold a day, but you cannot enjoy it. Which shows complete ignorance. The DCA method is designed to bring the most volatile market conditions within human reach.
We all know that no matter how much the price of BTC goes down, it will return to its previous level rather than give a share of the profit. Suppose you are a multi-billionaire and you hold a large amount of money, your value depreciates after some time of holding. Then a fear will come in your mind. Even if the fear is temporary. It is precisely because of this fear that most people misunderstand the hold.

are you actually saying that someone who invest on Bitcoin for holding may likely lose his investment on the process?

No I didn't mean losing money in DCA process. Rather I ask everyone to follow the same process, I myself follow this process.

I basically wanted him to understand that the DCA method is not for any particular group of people. It is ultimately a win-win. But those who invest in BTC not for holding, but only for profit. They don't invest, they act like day traders. They can be called day trades.

Also JayJuanGee says that:-

It seems to me that it is quite difficult for someone not to feel uncomfortable when his investments are in negative territory, and even more so in negative territory, can affect a person's psychology, even if he already has a lot.

I meant the same thing.

[Sim_card]

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

Well, the market is unpredictable right from the beginning but if anything can influence the price of Bitcoin it really means that now is the perfect time to keep on accumulating Bitcoin aggressively because from this current price range, accumulating up to 0.01BTC (or more) right now would not be bad (depending on the investor actually). So that ones Bitcoin skyrocket to $150,000k there will be a lot of profits on our portfolio.
However, it would be better if an investor take the advantage of the DIP, no matter how how much Bitcoin DIPs it's important to see that as an advantage to buy more, because no body knows if the next bear will be another ATH. There is no much risk on Bitcoin investment, the only thing I see as a small risk is just the fluctuations of the price, but I have believed that in as much as Bitcoin is concern, no matter how the price is low it will definitely increase again.

Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

We all know Bitcoin is a volatile currency. Price dumping and pumping are familiar forms of Bitcoin. Selling savings as they are dumping prices can be considered a bad decision. Investors need to be advised to be bold before giving any advice. The lack of courage to fear dumping can lead to regrets and potential losses. So if you dump the price of Bitcoin, it will definitely pump again, try to hold it instead of selling it out of fear.

Not just hodliing when the price dump but to buy more keep coin in a discount price and this is why old investors that have accumulated a good size of bitcoin loves to wait for the dip so that they can buy at that time to increase their bitcoin stash as they hodli. Anyone who sells his bitcoin due to price dump never had the intention to hodli for long.

This is why new investors should adopt the DCA strategy to accumulate bitcoin in order for them to build their bitcoin portfolio continuously without stopping, because DCA gives them the chance of buying bitcoin when the price dips and pumps because all what they are doing is just to keep on buying so that they can reach their bitcoin target overtime. DCA is my favorite strategy and that is what I am using to buy weekly because it eliminate the fear in you since it is an amount that I don't need urgently that I am using to DCA and before I started my bitcoin journey, I am used to saving money from my monthly income.

[Justbillywitt]

Is it truly now possible that we won't be seeing any large DIPs anymore after Trump's announcement of a Strategic Bitcoin Reserve? Because why would individuals and institutions sell their Bitcoin with the knowledge that there's a probable race between nations in Bitcoin accumulation. One nation like China WON'T allow itself to be behind the United States in participating in this technological marvel. Russia, because of Bitcoin's properties and in their current situation, will need to buy it as well, and better buy it while it's in five digits.

Perhaps the "Bitcoin Race" will start on 2025, no? There's no need to wait to buy the DIP anymore if that's true. It's DCA and front-run everyone!

Oh gawd Wind_FURY.  You are outrageous sometimes.

This sounds like your previous prediction (wasn't that in around early 2021? or did you say that in late 2021?) that bitcoin would never go below $50k again, and how did that play out?

it does not really matter too much whether you said that in early 2021 or in late 2021 because that kind of a statement was a bit too much, and not merely because you ended up being wrong, but because the contents of the statement was putting too much confidence in one BTC price direction and expressing yourself in absolutes... Yes, I know that you cannot help yourself, but still could you at least try a bit MOAR harder? Just for funzies?  

I'm merely speaking in hypotheticals, ser. Because if Trump indeed creates a Bitcoin Strategic Fund, and considering the actual nature of Bitcoin - attributed to its design, do you actually believe that Russia and China will simply ignore that? Has Bitcoin no technical merit to become something much larger in the coming decade?

I don't know, but if Trump wins, and his Bitcoin Strategic Reserve actually causes other regions in the world to follow the United States in purchasing Bitcoin, it will not matter what I said in the past.

I think what @JayJuanGee is trying to say is that you shouldn't be certain about your assertions that "there's no need to wait for a DIP anymore" because even if Trump's Bitcoin strategy reserve influence the price of Bitcoin positively and also cause an increase in adoption all over the world since a lot of countries will want to follow the step of the United States but that doesn't mean the price of Bitcoin may not DIP anymore, remember there are many factors that attributes to the price of Bitcoin going up or down. Even if Bitcoin gains full adoption it doesn't mean the price cannot fall again at some time so we shouldn't be too confident that if Trump wins the upcoming United States election and Bitcoin strategic reserves becomes a reality that the price of Bitcoin will not DIP anymore. If you assumes that then possibly you are giving us the impression that Bitcoins price movements is dependent on political influence which is not true.

I'm thinking of the situation from the current price level. Because if Trump does create a Bitcoin Strategic Reserve on 2025, and that does start a Domino Effect of adoption, then I believe the next large DIP will be in a price that surged to something higher - to the DIP of $150,000. If that's true, then why should we wait for a DIP from the current price?

It won't make any sense to await any further, because the current price will now be remembered as a giveaway price. And by that time there is nothing else one can do than just accept his/her fate, and continue buying from there since that price will now become the new DIP. If by the time bitcoin DIP becomes $150k people who missed to buy today will forever be in regrets.

But another factor to consider why some might still consider to wait further is that  everything is just a mare speculation as nothing is certain that if Trump does create a Bitcoin Strategic Reserve in 2025, that price of bitcoin will go over $150k, that's why some people will still choose to wait further. But to be on a safer side one should always get as little as we can through the DCA so that if events go either ways we won't lose out totally.

[Tmoonz]

Because the Bitcoin market is known to be very volatile, it allows investors to use the DCA method to invest in the long term by buying Bitcoin regularly. This method will not work perfectly without being accompanied by financial, mental and patience readiness. The funds used should not be used for other needs in order to be ready to withstand shocks in the market, investors must also have a mentality that is ready to withstand emotional turmoil when the value of Bitcoin continues to fall and patience in investing is needed because the situation that occurs in the market is not always smooth as imagined.

Investors certainly do not want their money to just disappear, there are always efforts to find ways to keep the invested value intact and get profit from the investment. In investing you must be able to think realistically, never get caught up in market conditions and assume prices will continue to rise. Now that Bitcoin is starting to trade at a slightly higher price, you should be patient and wait for the price to drop, when you buy at a lower price, your money is not tied up too much if the price goes lower because you can activate the DCA strategy afterwards.

Using the DCA method to invest in the long term I think is not because the price of Bitcoin continues to move quickly or the price of Bitcoin is very volatile as you said, but more on people's choices or limited money to invest so that the DCA method is quite good to do buying slowly with the existing ability without disturbing other personal finances, so investment will be safer if using money that is not used in everyday life.

It all goes back to the initial planning, if to invest in Bitcoin for the future I don't think much consideration is needed but for a plan to take advantage of a certain amount requires a lot of calculations and market alliances.
Now we are talking about investing for the future and using the DCA method to collect it, I think it won't be difficult, do it and forget it until our future will benefit.

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. /B]Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

You are correct technically since making purchases of Bitcoin during the bearish market can be giving more Bitcoin at a lesser amount of money but a newbie that is new in the space should not pay any attention to the market conditions before attenting to increase his or buying in order to decent his or her Bitcoin portfolio. However, it all boils down to how much of disposable income that is made available for investment irrespective of the market condition, yeah my point is that no one should be carried away by the influence of the bearish market and use the money that is meant for other important living expenses for investment which might be apparently out the initial plan. No one should be hesitant to decent portfolio by increasing buying Bitcoin during the bearish market without any proper planning and budgeting.

[Nheer]

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I agree with your sentiment here, the DCA accumulating strategy works mostly for someone that has the intention of holding for a very long period of time, because since you are buying in different price interval, you wouldn't reap the full dividend of it,, if you aren't a long term holder, so as we are still in the early days of Bitcoin, any buying price now will be very much ok, but in the future, when Bitcoin has already skyrocket to one million dollar, the DCA accumulating approach wouldn't be that idea again, so I urge all Bitcoineer to seize the opportunity now and utilitize the DCA accumulating strategy now that it's still effective.

DCA strategy is just an accumulation strategy that makes it possible for investors to be able to accumulate bitcoin no matter the amount they have or earn and no matter the price of bitcoin. Long term investment is ideally the best but DCA strategy is not only for those who are in for the long term investment and DCAing for a long term doesn’t guarantee successful investment, investing (buying) is a step among the different steps to be taken when investing and to be successful one must also possess certain characteristics like to be patient and be able to withstand the pressure of panic selling. long term investors should possess the ability to withstand every downturn the market throws at them and be focused on meeting their targets if they want to be successful.

It doesn’t matter the price of bitcoin DCA strategy will always be useful and effective for people because it is the only way people will get to invest what they can afford to lose and not go beyond their limits.

[sotelorene]

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

The DCA method is really good no doubt but we can't really say is the best and most profitable way to Bitcoin investment rather it can be seen as the best for those who uses that method of accumulating Bitcoin do you think those great investors actually use the DCA method now? And even if they use it I am pretty sure that it will only be few of them if at all they use it any method one chooses is best for the person not for everybody perhaps you can say is the cheapest or easiest way to go about Bitcoin investment.