Buy the DIP, and HODL!

[JayJuanGee]

Isn't that part of the reason that we spend times in forums like this to learn those kinds of ideas?  Also we might have to spend time with our own papers and planning - whether we plan using papers or if we have computers and cell phones to help us to plan... We still might want to project out our income and expenses, and I frequently llke to do that for several months into the future, and the more complicated your income, expenses and/or investments, then the more you might be advantaged by projecting your income and expenses out into the future, such as using Excel and projecting out 2 years. .Of course, each of the closer months are going to be more important and more specific since those expenses have to be covered in a short period of time, as compared with the income and expenses further out is going to tend to be more general, and the further out time periods might have to be based on pure estimations if you do not have much if any job security.  Surely there is value in having job security, yet surely there is variation in job security too.. so a person might get a job that is fairly secure for 3-6 months, but there might not be a lot of assurance regarding what the income might be after those 3-6 months, so there may need to be some estimation regarding what they next jobs might be, and so I am not suggesting that everyone is in a similar situation, and surely guys have to try to adapt to their situation, and if they know that they have issues with lack of confidence in their income then they might need to try to figure out if there might be ways that they can improve the assuredness of their income.

Yes, it is the reason why we have such a discussion in this thread so that everyone can be able to bypass things when it becomes a problem in their investment. It doesn't matter what tool we are using to make our planning whether digital or on plane sheet. What is more important is that we have a certain target that we ought to meet while accumulating. If our present job becomes shaky then it is in our position to start looking for another time instead of waiting till we quit or stop the job. Expenses never end and sometimes some expenses come that we don't plan for and when it does, we have to be ready. There is not excused to stop accumulating Bitcoin. If we have skills, then we should reach out to more audiences to patronize us.

I got so much interested in the strategy that you plan 3-6 months ahead of the future. That is brilliant i am adopting it.

I tend to try to project my cashflow 12-20 months into the future, yet of course, the months that are closer are going to be more important to make sure that they are in order, yet sometimes we might be able to see cashflow crunch periods that go out into the future, and more so if we might have various kinds of debt obligations or we might employ debt in our financial strategies (cashflow management) or even if we have family type cost that come up down the road or even business type costs that might go quite a ways out into the future.

[ginsan]

whoever is using transaction fees as an excuse for not being consistent with his DCA is only trying to create excuses for himself and not looking for solutions to that short termed problem of transaction fee. Like you've said, the majority of us sometimes leaves our funds in exchanges for weeks pending when the fees will be more convininece for us before sending it out to a more secured wallet. It's not like you're unaware that it's unsafe to leave your funds in an exchange it's just the normal process you will get to experience as long as you're doing your DCA.

I think you are quite right, Transaction fees are not something that someone should take into account when they have implemented DCA. One reason I like DCA because we are consistent in routinely buying Bitcoin, regarding expensive withdrawal fees, of course there is an option to withdraw it once a month from the Exchange used.

DCA practice is very easy, only people find reasons for all ideas because they are inconsistent. If it has exceeded the 50th purchase, I think investors will not turn to other strategies. In the initial process, it is indeed very difficult, but if it is focused properly, our approach to Bitcoin cannot be separated anymore.

We are increasingly confident to continue buying even though the price is going up because the main principle of course to have Bitcoin is not in terms of its price. While there is time and while you still have a permanent job and while you have passive income, use the money to invest because at some point we don't know what will happen, but with our steps to invest in bitcoin, we have better savings that can be used someday or when we have reached retirement age.

[terrific]

The fees are only becoming a problem when the network is being spammed. But so far, there's no signs of it and hopefully they won't appear anytime soon.

There’s actually no problem with fees, if you find it quite expensive, then never decide buying at that moment. As simple as that, otherwise you are already at loss before you start making some returns. That’s why a lot have been trying to emphasize here that patience is the key. If you can’t be patient on your market entry and exit, you will never achieve your target profits in your investment.  And also, consistency in doing DCA will certainly lead to a massive investment. But still stick to the basic to always buy using your spare money, an amount that you can afford to lose.

Yeah, that's very simple. Do not proceed with the transaction if the fee is higher than the amount you'll send or when it's simply quite expensive.
I won't do it if that's the case but when I've got more funds to be sent and the fees are tolerable, I'd simply continue on that skip on thinking that the fees are expensive.
This happens when we need to withdraw and to sell for some important things that we need to deal with in our real lives. The fluctuation of the fees are there too, so being patient is also worth it if it's about the fees.

[promise444c5]

I personally prefer weekly DCA for newbies in order to encourage active buying of BTC, yet weekly buying still might not work for everyone, and surely someone who has $2k per month extra is going to be in a more flexible position as compared with someone who might only have $500 per month or even $50 per month extra.. yet decisions about whether to actively invest every week or every month is not ONLY based on their cashflow, yet when the amounts get to be really small, there can also be some issues with fees too.

Well, it's  quite true  and just like i said there's isn't anything actually wrong in buying monthly so far the input is consistent just that I also prefer the weekly compared to the monthly besides I'm also in my accumulation stage and the weekly buying method could improve the efficiency of price entry (though not always but most times it proves it worth) and about the fee I think that could also be put into consideration  but taking 4 inputs/per month shouldn't be to much to pull when the need for consolidation arises... though if compared to single input/address its quite preferrable over 4inputs/month but still there will still be  a need to consolidate  so I think the fee difference shouldn't be too much so far the inputs isn't much.

Let's try to be more realistic with our example.  Sure there are guys who can choose to invest $500 per week or $2k per month, but more realistically we have guys who might ONLY have $50 to $500 per month to invest, and they might have uncertainties with their cashflow too.

Noted!