Buy the DIP, and HODL!

[Stablexcoin]

I think none of us missed buying on dips today. Yes Btc touched $57860 today, an opportunity for us to increase Btc holdings when the price drops. Basically, fund allocation should be prioritized because at times like this we can increase purchases to be more aggressive. As OP said buy dips and hold them, so when the price drops we have to make the most of it.

If there are no reserve funds, it is quite regrettable if we have to miss the opportunity to buy during a decline like today. For that, arrange the distribution of funds as well as possible to be able to take advantage of the reversal when it happens suddenly. DCA certainly works as it should and purchases when the price drops can also be done if we are good at setting strategies in long-term investment planning.

There is no need to regret if we don't have extra funds during this period the price dipped then it is not something to be worried about. There will be a next time to buy the dip. it could even be below the amount we consider as the dip currently. We don't have to push ourselves too hard to buy the dip, and many people make such a mistake. It makes them tamper with other money that was supposed to be for something else other than Bitcoin investment which may affect our economic and needy aspect of life. Many people go as far as using meant for tuition fees, upkeep, health and to mention a few to buy the dip without considering the effect of doing so.

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

[promise444c5]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

You might be right and still wrong at the same time  , you could wake up tomorrow morning to see it pushing towards 70Kish and might never dip to  the amount you mentioned but nevertheless it's  still hard to predict as there could be more Dip.
Not saying investor should force it but if there's any disposable fund for it then it can be considered to be used for buying apart from that ignoring will be better... for DCA investors there won't be much difference just as JJG mentioned and thus doesn't mean they cannot or shouldn't buy dip if they can without affecting their next buying.
Time like this could be full of opportunities and it's best seizing it if you can /you are capable

[AirtelBuzz]

Of course, if it is possible to hold Bitcoin in the long term, then such investment strategies must be adopted.  Investments are usually only profitable if they are long-term, but investing with a small amount of money can be done long-term only by following the DCA method. Many people use many types of strategies but the DCA strategy is one of the most popular strategies, where all investors have found success using the DCA strategy.

Dollar Cost Averaging DCA in this investment strategy if an investor can make his investment consistently then he can succeed in this strategy with low risk. We who are real investors, before thinking whether we will make a profit, think about whether we are investing in the right strategy and how much our money is safe or at risk after investing.  

I invested 1000 dollars together and at one stage of bitcoin market I took that investment if the market dumps then there will be additional loss but the investment remains the highest risk but it is different with DCA investment strategy.  
In the DCA investment strategy we will invest that $1000 in several stages and we will maintain the consistency of the investment so that we can buy bitcoins from each stage when the price changes.  
By doing this it will be seen that we are investing reducing the risk in our investment.

DCAing is one of the best ways to buy Bitcoin for long-term investment. Every investor thinks or plans repeatedly before investing that they will be able to profit from their investment by adopting a strategy. So to avoid this anxiety during investment one should gain experience about investment. Basically the main goal of every investor is to earn profit from the investment.

The $1,000 you mentioned might not have been high risk if you had invested in a few steps. It would be considered best for you if you invest some of your dollars in dip season and some amount every week or month using DCA strategy. Instead of doing that you bought $1000 worth of bitcoins at once but if you had used it to buy bitcoins during the dip season you might have made a profit instead of a loss. So the plan should be definite before investing, so that your investment does not suffer.

[Tmoonz]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

[Rockstarguy]

I think none of us missed buying on dips today. Yes Btc touched $57860 today, an opportunity for us to increase Btc holdings when the price drops. Basically, fund allocation should be prioritized because at times like this we can increase purchases to be more aggressive. As OP said buy dips and hold them, so when the price drops we have to make the most of it.

If there are no reserve funds, it is quite regrettable if we have to miss the opportunity to buy during a decline like today. For that, arrange the distribution of funds as well as possible to be able to take advantage of the reversal when it happens suddenly. DCA certainly works as it should and purchases when the price drops can also be done if we are good at setting strategies in long-term investment planning.

There is no need to regret if we don't have extra funds during this period the price dipped then it is not something to be worried about. There will be a next time to buy the dip. it could even be below the amount we consider as the dip currently. We don't have to push ourselves too hard to buy the dip, and many people make such a mistake. It makes them tamper with other money that was supposed to be for something else other than Bitcoin investment which may affect our economic and needy aspect of life. Many people go as far as using meant for tuition fees, upkeep, health and to mention a few to buy the dip without considering the effect of doing so.

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

A lot of people who are into bitcoin investment are willing to buy bitcoin in every because every dip is an opportunity to accumulate bitcoin but because of many responsibilities they may not be able to meet up of taking advantage over the dip.

 Missing the dip because of too much loads just to survive is not a problem as far as one doesn't always wait for the dip to take place to buy bitcoin but also use the DCA method to buy bitcoin whenever money is available to buy bitcoin. As far as one understands that their is no perfect time to buy bitcoin, even if the person is not able to buy bitcoin during the dip because of financial challenge I don't think the person is really missing out because there is always a chance to buy bitcoin whenever one can afford it.

[michellee]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

Just make sure we are ready with anything will happen to the market. Meanwhile, the price now still trying to reach the high price after the dip. So if you want to buy now, it is not too late or you can wait for more to see the low price.

I agree that we have to be more focus to see every opportunities that will coming to us. We don't know when the low price will comes but if DCA is your method, you only need to keep buying routine following your schedule. That will make sure that you will have more Bitcoin in you wallet.

It is difficult to buy in every dip because we don't know when that will happen. So using DCA will be better for you because you buy Bitcoin by routine and use the same money as previously. Although you don't get the same Bitcoin, that will be no problem as you will accumulate more Bitcoin.

[Moreno233]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

Just make sure we are ready with anything will happen to the market. Meanwhile, the price now still trying to reach the high price after the dip. So if you want to buy now, it is not too late or you can wait for more to see the low price.

The speed with which price rejected that low is a sign that there is no willingness to continue beyond that point so waiting for what happen now may not be the best decision if you ask me. Anyone that want to buy Bitcoin at lower prices have this period to do that because there is a great possibility that from next month price will recover massively towards the ATH. This is base on past records as I can still remember that price left the long consolidation of last year around September. Other years have also seen minor gains recorded around the same time so if price start reacting positively from September, we will see stronger positive moves as the year draw to an end.

It is difficult to buy in every dip because we don't know when that will happen. So using DCA will be better for you because you buy Bitcoin by routine and use the same money as previously. Although you don't get the same Bitcoin, that will be no problem as you will accumulate more Bitcoin.

This is one of the challenge with buying the dip because it is very difficult to buy every dip. Sometimes the investor may even be confused as per what dip should be only he would have figured out what he will regard as dip to place buy orders. But whatever be the case, as long as the investment is aimed at long term, any entry at a retracement is a good one.

[I_Anime]

Just make sure we are ready with anything will happen to the market. Meanwhile, the price now still trying to reach the high price after the dip. So if you want to buy now, it is not too late or you can wait for more to see the low price

You are right as an bitcoin Investor, we should be ready for anything, and getting ready for anything is accumulating as much as you can . Because if you ain't ready for the dip you ain't ready for the increase in price . Is better to have alot of quantities and the coin (bitcoin) dips than to don't have at all because, the price will surely rise back . And those that kept on holding their coin are going to endup with nice profits with smile one Their faces . The reason I don't encourage one to wait for the dip is that you can't be checking on the market always, so you can easily miss out without even knowing which is bad .

I agree that we have to be more focus to see every opportunities that will coming to us. We don't know when the low price will comes but if DCA is your method, you only need to keep buying routine following your schedule. That will make sure that you will have more Bitcoin in you wallet

DCAing is purchasing at different price interval, so you are purchasing both when the price is high and low. With this you don't have to bother yourself waiting for the dip because with DCAing you are also buying the dip.

[Hewlet]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

even though He's expectant of a DIP or not, it doesn't affect Bitcoin at all. Even if he's waiting for $55k or even $50k as the best opportunity to buy and Bitcoin DIP to $50k and then he buys at that price, what then happens next? Can he reach all his accumilation goal in a single day at a single buy? Those that should be waiting for Bitcoin to DIP to certain price before buying should be people that have the means to buy in a very bulky amount at a time up to at least 5 BTC but because most persons don't want to buy that aggressively, the DCA method is the best option so you don't tie yourself down to keep waiting on and on till Bitcoin goes down to the price you have in mind which in some instances might never happen.

[bitcoin_mining]

Of course, if it is possible to hold Bitcoin in the long term, then such investment strategies must be adopted.  Investments are usually only profitable if they are long-term, but investing with a small amount of money can be done long-term only by following the DCA method. Many people use many types of strategies but the DCA strategy is one of the most popular strategies, where all investors have found success using the DCA strategy.

Dollar Cost Averaging DCA in this investment strategy if an investor can make his investment consistently then he can succeed in this strategy with low risk. We who are real investors, before thinking whether we will make a profit, think about whether we are investing in the right strategy and how much our money is safe or at risk after investing.  

I invested 1000 dollars together and at one stage of bitcoin market I took that investment if the market dumps then there will be additional loss but the investment remains the highest risk but it is different with DCA investment strategy.  
In the DCA investment strategy we will invest that $1000 in several stages and we will maintain the consistency of the investment so that we can buy bitcoins from each stage when the price changes.  
By doing this it will be seen that we are investing reducing the risk in our investment.

If an investor has $1000 to invest then I would say that is enough to start with. If the investor wants to start investing initially with this 1000 dollars then he has to divide this 1000 dollars into several parts. For example, I divided 1000 dollars into 10 parts at $100  and after dividing into 10 parts, we have to invest this 1000 dollars in 10 steps. For example, if I invest today with $100 and again after a certain time I invest with $100 and in this way I maintain my investment consistency then it will be seen that we are investing in the right way.  

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

I hope every investor will adopt the DCA investment strategy for his own investment as well as extend the investment period.

[avp2306]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

even though He's expectant of a DIP or not, it doesn't affect Bitcoin at all. Even if he's waiting for $55k or even $50k as the best opportunity to buy and Bitcoin DIP to $50k and then he buys at that price, what then happens next? Can he reach all his accumilation goal in a single day at a single buy? Those that should be waiting for Bitcoin to DIP to certain price before buying should be people that have the means to buy in a very bulky amount at a time up to at least 5 BTC but because most persons don't want to buy that aggressively, the DCA method is the best option so you don't tie yourself down to keep waiting on and on till Bitcoin goes down to the price you have in mind which in some instances might never happen.

Although its really good to buy at the dip since we can actually gather lots of volume with that situation but the question is its really worth for wait  a long time waiting for this dip to come? I know lots of people seek a better opportunity to place in good position. But actually this one add a factor that instead of they think about buying when that situation came this will create doubt in their mind for thinking that what if there's more dump to came? with that situation for sure they would end up not buying anything since fear would overcome them and think about they buy again next time.

If they can buy in bulk then maybe its good for them but if they do DCA maybe they should start as early as they can since this is I think more better decision to do compare of waiting for unnecessary dumps.

[Wind_FURY]

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

There is yet no guarantee towards your believe hence Prioritizing  it can become very problematic if things didn't work out as expected, it is better we focus more on prioritizing sizing every opportunities that present itself if the money is readily available for investment, in as much as buying the dip offers buying more Bitcoin at a lesser amount of money compared with buying at it previous high, my point is that it is also possible that Bitcoin might not dip to your speculation by going higher. The truth is that you don't have to be expecting too much as the market can be very uncertain.

even though He's expectant of a DIP or not, it doesn't affect Bitcoin at all. Even if he's waiting for $55k or even $50k as the best opportunity to buy and Bitcoin DIP to $50k and then he buys at that price, what then happens next? Can he reach all his accumilation goal in a single day at a single buy? Those that should be waiting for Bitcoin to DIP to certain price before buying should be people that have the means to buy in a very bulky amount at a time up to at least 5 BTC but because most persons don't want to buy that aggressively, the DCA method is the best option so you don't tie yourself down to keep waiting on and on till Bitcoin goes down to the price you have in mind which in some instances might never happen.

Although its really good to buy at the dip since we can actually gather lots of volume with that situation but the question is its really worth for wait a long time waiting for this dip to come? I know lots of people seek a better opportunity to place in good position. But actually this one add a factor that instead of they think about buying when that situation came this will create doubt in their mind for thinking that what if there's more dump to came? with that situation for sure they would end up not buying anything since fear would overcome them and think about they buy again next time.

In many instances, YES. But I'm not talking about the major DIPs, although when it comes, then you definitely should take the opportunity! I'm talking about the small DIPs like what happened this week. It gave us plebs another small opportunity to buy more units of Bitcoin for the intended amount of capital to be used.

If they can buy in bulk then maybe its good for them but if they do DCA maybe they should start as early as they can since this is I think more better decision to do compare of waiting for unnecessary dumps.

You could do both.

¯\_(ツ)_/¯

[Just Say]

If an investor has $1000 to invest then I would say that is enough to start with. If the investor wants to start investing initially with this 1000 dollars then he has to divide this 1000 dollars into several parts. For example, I divided 1000 dollars into 10 parts at $100  and after dividing into 10 parts, we have to invest this 1000 dollars in 10 steps. For example, if I invest today with $100 and again after a certain time I invest with $100 and in this way I maintain my investment consistency then it will be seen that we are investing in the right way.  

The Dollar Cost Averaging method is an investment strategy where you can buy any amount of Bitcoin you can afford to reduce the average cost of the investment. Even if you don't have a huge amount of cash ready to invest in the initial stage, you can easily start investing with a small amount of money through the DCA method, which is accessible to many.

It is enough if you have $1000 dollars to invest. You can start investing even with this amount of money, first thing you need to do is to make sure how much to invest and at what time to invest. If you want to deposit using $1000 to buy bitcoins on weekly or monthly basis then first divide your total investment amount i.e. $1000 if you want to invest every month or week then you can choose $100 per step. While investing in this method, there is no reason to worry even if the market is going down because you will get the opportunity to buy more amount with the same amount of money during the deep season in the market. While doing DCA your average cost of investment will remain the same even if the market goes up or the market goes down.

[JayJuanGee]

Of course, if it is possible to hold Bitcoin in the long term, then such investment strategies must be adopted.  Investments are usually only profitable if they are long-term, but investing with a small amount of money can be done long-term only by following the DCA method. Many people use many types of strategies but the DCA strategy is one of the most popular strategies, where all investors have found success using the DCA strategy.

Dollar Cost Averaging DCA in this investment strategy if an investor can make his investment consistently then he can succeed in this strategy with low risk. We who are real investors, before thinking whether we will make a profit, think about whether we are investing in the right strategy and how much our money is safe or at risk after investing.  

I invested 1000 dollars together and at one stage of bitcoin market I took that investment if the market dumps then there will be additional loss but the investment remains the highest risk but it is different with DCA investment strategy.  
In the DCA investment strategy we will invest that $1000 in several stages and we will maintain the consistency of the investment so that we can buy bitcoins from each stage when the price changes.  
By doing this it will be seen that we are investing reducing the risk in our investment.

If an investor has $1000 to invest then I would say that is enough to start with. If the investor wants to start investing initially with this 1000 dollars then he has to divide this 1000 dollars into several parts. For example, I divided 1000 dollars into 10 parts at $100  and after dividing into 10 parts, we have to invest this 1000 dollars in 10 steps. For example, if I invest today with $100 and again after a certain time I invest with $100 and in this way I maintain my investment consistency then it will be seen that we are investing in the right way.  

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

I hope every investor will adopt the DCA investment strategy for his own investment as well as extend the investment period.

DCA is not necessarily the best strategy for someone who already has a lump sum available.  DCA is generally considered to be a good strategy for someone who does not have a lump sum and they hare investing into BTC on a regular basis in accordance with their income (their disposable income which is what income is left after expenses).   Of course, if someone has a lump sum then they have options to invest it right away or to employ either DCA and/or buying on dip strategies, and so they should account for their own situations, which includes considering if they already have BTC or if they might supplement their lump sum (if they were to buy right away) with a DCA and/or buying on dip strategy.

Many times in this thread we discussed that DCAing tends to be better for beginners to establish a bitcoin position from their income, and surely the more bitcoin that the newbie bitcoin investor accumulates, the more options that they might have to employ techniques that are not buying right away, even though each person has to figure out those kinds of matters for themselves, and it seems with bitcoin beginners might need to spend 4-10 years or longer just accumulating, and at some point in that accumulation journey there might be choices that may or may not end up being correct ones (but hopefully they are individually tailored) to move away from DCA strategies and employ other BTC accumulation and/or BTC portfolio management or maintenance techniques.

If they can buy in bulk then maybe its good for them but if they do DCA maybe they should start as early as they can since this is I think more better decision to do compare of waiting for unnecessary dumps.

You could do both.

¯\_(ツ)_/¯

After all of these years talking about this buy the dip topic, you should realize and appreciate by now that there are always tradeoffs for anyone who decides to hold back value in order to wait for dips that may or may not end up coming.  

Purposefully holding off for dips seems to be way more logically justifiable after a BTC accumulator had already accumulated a decent amount of BTC, and even then, they may mis-assess how much is a decent amount of BTC, so likely it remains way better for a BTC accumulator to largely focus on regular DCA buying through a whole BTC cycle before starting to try to strategize buying dips, unless they have abilities to front load their BTC investment, which would have had put them into a different position from someone who is ONLY able to invest 10-15% or less of his disposable income into bitcoin.

If an investor has $1000 to invest then I would say that is enough to start with. If the investor wants to start investing initially with this 1000 dollars then he has to divide this 1000 dollars into several parts. For example, I divided 1000 dollars into 10 parts at $100  and after dividing into 10 parts, we have to invest this 1000 dollars in 10 steps. For example, if I invest today with $100 and again after a certain time I invest with $100 and in this way I maintain my investment consistency then it will be seen that we are investing in the right way.  

The Dollar Cost Averaging method is an investment strategy where you can buy any amount of Bitcoin you can afford to reduce the average cost of the investment.

The advantages of DCA does not reduce the average cost of the investment.  Why do guys keep repeating such nonsense?

DCA allows you to figure out an investment and system and amount that is comfortable for you within your budget and your psychology which also allows you to buy BTC regularly, and it is most likely that someone doing DCA will end up with higher costs per BTC rather than someone who is successfully able to time buys, but timing buys tends to be a bad idea, so the DCA person may well even do better in the longer term than the one timing buys including that the DCAer would have had been more comfortable in the process and may well would have had been able to be more aggressive in his accumulation without jeopardizing his finances/psychology which may well end up with more BTC accumulate.. perhaps more cost per BTC, too... but should still be worth the whole matter to go through the DCA strategy rather than fucking around trying to figure out whether a dip or not and not investing regularly, persistently and consistently.. ..   The longer the period of time, the less likely anyone trading or screwing around with trying to time the market is going to beat the regular DCA-er even though anyone who is accumulating BTC can choose their strategy in accordance with their preferences or their perceptions of how smart they are in regards to anticipating BTC price movements.

Even if you don't have a huge amount of cash ready to invest in the initial stage, you can easily start investing with a small amount of money through the DCA method, which is accessible to many.

It is enough if you have $1000 dollars to invest. You can start investing even with this amount of money, first thing you need to do is to make sure how much to invest and at what time to invest. If you want to deposit using $1000 to buy bitcoins on weekly or monthly basis then first divide your total investment amount i.e. $1000 if you want to invest every month or week then you can choose $100 per step. While investing in this method, there is no reason to worry even if the market is going down because you will get the opportunity to buy more amount with the same amount of money during the deep season in the market. While doing DCA your average cost of investment will remain the same even if the market goes up or the market goes down.

I already responded to this idea above.  If you have a lump sum you have options, you don't need to DCA it... you can choose to invest it all right away.  It is not necessarily the best thing to DCA the lump sum, even though you can consider whether to include that amount in your DCA amount or buy right away with it or buy dips with it.

DCA tends to be a strategy to figure out how much discretionary money to use for buying bitcoin and then buy within discretionary income, whether that is buying weekly or using some other regular buying interval.

[batang_bitcoin]

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

I believe that all of us have their own targets but the problem starts when we actually hit our target and we don't comply and follow the plan that we've setup. And the reason for that is the nature of human about greediness. We all want to see more, the better and higher price that's why even if we hit the target, we don't obey to our own plans.

I hope every investor will adopt the DCA investment strategy for his own investment as well as extend the investment period.

Many have learned about DCA already. It's very convenient strategy that no one will pressure you when you should buy. You buy when you can.

[ginsan]

I think none of us missed buying on dips today. Yes Btc touched $57860 today, an opportunity for us to increase Btc holdings when the price drops. Basically, fund allocation should be prioritized because at times like this we can increase purchases to be more aggressive. As OP said buy dips and hold them, so when the price drops we have to make the most of it.

If there are no reserve funds, it is quite regrettable if we have to miss the opportunity to buy during a decline like today. For that, arrange the distribution of funds as well as possible to be able to take advantage of the reversal when it happens suddenly. DCA certainly works as it should and purchases when the price drops can also be done if we are good at setting strategies in long-term investment planning.

If you have extra funds or some cash comes in while the BTC price is dipping, then no problem, maybe buy a bit more BTC since it is dipping; however, for most people who are regularly DCA and probably even more specifically the DCAer who is ongoingly employing  BTC buys to build his stash in the early stages, it is not going to make very much difference whether he bought at $61k or $57k, so there is no need to get all excited about these various BTC price moves or to suggest that anyone who is not able to take advantage of buying on dips down to $57k (because he already used all his cash at $61k) is necessarily missing out on anything that is going to make any kind of material difference.

Sure, there can be a bit of a good feeling to be able to buy more BTC on the dip, yet I doubt it is as BIG of a deal as you are making it out to be or even suggesting that OP was correct in his own emphasis and excitement about buying the dip, again especially for newbies who should just be buying regularly and not getting too worked up about short-term BTC price movements as much as just continuing to buy BTC regularly and perhaps improving other aspects of his cashflow (and discretionary income) by increasing his income and/or by cutting his expenses.

At this stage, especially for us beginners, of course we are very happy to be able to buy at a decline because we spend a lot of time to get the opportunity to buy at dips. But DCA also runs every week and this is the step we apply to maximize the existing opportunities. Even though the views of some seniors here they don't care about short-term price movements, if we buy at dips, of course it's a pleasure in itself.

Apart from that, our target is for the long term and short-term movements do not affect anything because we are relatively focused on purchasing targets through DCA. Also, as you said, of course it is very true because in the steps to achieve success in an investment, focus is needed in every decision and for us, of course, that step is to buy routinely every week.

[Roseline492]

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

Setting a targets is not the only thing that can bring a successful investment because the only way you can be able to set a target and achieve it is when you have a determination because when we talk about target there are so many investors who set a targets to achieve a certain amount of Bitcoin within some number of years but as time goes there desires start changing and they began to consider other method of investment because of greed, so actually in as much as making sure you have a targeted quantity of Bitcoin you wish to achieve but structuring your mindset and discipline towards it is what will help you achieve your targets because is not just by saying it but is by being disciplined enough to keep yourself steady into it.

[Ndabagi01]

I think none of us missed buying on dips today. Yes Btc touched $57860 today, an opportunity for us to increase Btc holdings when the price drops. Basically, fund allocation should be prioritized because at times like this we can increase purchases to be more aggressive. As OP said buy dips and hold them, so when the price drops we have to make the most of it.

If there are no reserve funds, it is quite regrettable if we have to miss the opportunity to buy during a decline like today. For that, arrange the distribution of funds as well as possible to be able to take advantage of the reversal when it happens suddenly. DCA certainly works as it should and purchases when the price drops can also be done if we are good at setting strategies in long-term investment planning.

There is no need to regret if we don't have extra funds during this period the price dipped then it is not something to be worried about. There will be a next time to buy the dip. it could even be below the amount we consider as the dip currently. We don't have to push ourselves too hard to buy the dip, and many people make such a mistake. It makes them tamper with other money that was supposed to be for something else other than Bitcoin investment which may affect our economic and needy aspect of life. Many people go as far as using meant for tuition fees, upkeep, health and to mention a few to buy the dip without considering the effect of doing so.

I believe there will even be a better opportunity to buy the dip soon. $57860 isn't the last dip.

The dip is not a time that a bitcoin investor should be expecting or even allow the thought of it to weigh them down. There are times that they come without notice and every investor that has the capacity then can take advantage of the dip to add to their portfolios.

If you’ve missed out of the opportunity to buy more bitcoin during the dip, it’s encouraging to continue with DCAing because that’s what will make you enjoy the long term benefits of investing in bitcoin. Stacking the coins gradually will not make you feel the pressure of buying too much or spending much of your income on bitcoin.

Out of the three methods an investor in bitcoin can get to stack their bitcoin for long term, only buying at the dip cannot be determined or controlled by the investor. DCA and the lump sum method can be controlled by the investor when they wish for it to happen or not. The advantages of them from top to bottom comes in this manner dip-lump sum-DCA while the less risk part of it comes in this manner DCA-lump sum-dip.

[Miles2006]

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

I believe that all of us have their own targets but the problem starts when we actually hit our target and we don't comply and follow the plan that we've setup. And the reason for that is the nature of human about greediness. We all want to see more, the better and higher price that's why even if we hit the target, we don't obey to our own plans.

IMO, I don’t know the kind of plan you’re referring to but definitely every bitcoin investor target is getting a good portfolio. After owning the desired amount although there’s nothing like satisfied bitcoin accumulation, an investor might feel like they've gotten much but still keep accumulating that’s normal and good because there’s no limit owning bitcoin . Consistent accumulating is the best plan for me, continues accumulating after reaching an achieved target doesn’t mean greed if that’s what you’re referring to.

[uchegod-21]

A mistake that we new investors make is not setting our target. Determining the target is very important, in a word, the investment target can be considered as the structure or design of a building before it is constructed. Just as a building without a design is not possible precisely because of it, it is impossible to sustain an investment without a specific goal in a long-term investment plan.  

I believe that all of us have their own targets but the problem starts when we actually hit our target and we don't comply and follow the plan that we've setup. And the reason for that is the nature of human about greediness. We all want to see more, the better and higher price that's why even if we hit the target, we don't obey to our own plans.

IMO, I don’t know the kind of plan you’re referring to but definitely every bitcoin investor target is getting a good portfolio. After owning the desired amount although there’s nothing like satisfied bitcoin accumulation, an investor might feel like they've gotten much but still keep accumulating that’s normal and good because there’s no limit owning bitcoin . Consistent accumulating is the best plan for me, continues accumulating after reaching an achieved target doesn’t mean greed if that’s what you’re referring to.

That is the two different school of thought we have as long as bitcoin investment is concerned. In everything that is called investment, there is supposed to be a target whereby if the Investor hits this target they will exit that investment. But in Bitcoin investment there are some people who do not have any target, they just want to save  in Bitcoin and believe that one day bitcoin will worth very high and they will become financially free.
While there are some who are invest in because of the Bitcoin halving and bull run season. This set of people always by during the bear market and wait till the bullrun starts for cash out.

However, if all things being right for a person, it is right to hold bitcoin for a very long time and see what bitcoin will be in the future.