Buy the DIP, and HODL!

[Bitcoin Smith]

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.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

[ginsan]

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.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

Cash flow is the main concern that must be considered for the sustainability of the investment made. Determining cash flow management for a long time certainly drains a lot of thought so that it can run as we want. Cash flow is supported by a fixed income and if not it will be contrary to what is planned. Generally, cash flow is divided into several stages and maybe we already know about it so that a wise mindset is to be able to maintain it as well as possible to reach the point of success in investment.

Meanwhile, we can think about maintaining our investment with a small portion of the money we set aside for investment. Because if the amount of money that we use for investment is too large, of course it will go awry if the cash flow expenditure is greater at an unexpected time.
In this perception, use only a portion, such as 10% which allows us to have the other 90% for our living needs.

[promise444c5]

I started my Bitcoin investment without learning about market analysis, that sounds like what traders usually do before starting trading (but not interested in it). Initially what I did was to learn the basics of Bitcoin first (which includes how to secure my assets) and also learned how to navigate exchanges , so that I will be able to purchase bitcoin through them , before going into deep on how bitcoin investment works.

So one don't need to learn any skills before investing in Bitcoin, bitcoin investment is open for anyone both poor and the rich z the skilled and the unskilled, aslong one have the money to invest that's all.

Well, it's quite a good way of starting your journey I mean you didn't need to spend days/weeks or months studying how to read chart... besides, that's not the basic step to start journey as a newbie, you did the require basic necessary learning( as you've mentioned ).
Thus, regarding the market analysis, you can actually try learning the basics, having Idea on how the market works while you continue your investment  journey  doesn't look lika  bad Idea but it will be a bad idea if you want to start using it as a means to start taking your investment inform of trading... you get the point(not technically directing the whole context on you though by using the word "you"), what I'm just saying is that it isn't a bad idea learning how to analyse and read chart of BTC market

[As-Soon-As]

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.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

DCA method is the best and most reliable way to invest in Bitcoin. So this should always be done to keep yourself properly calm. Because once you start investing with DCA method, instantly your mind will be automatically attracted to that investment. So it is most necessary to take risk to prepare yourself only once, so if you can sustain your investment for at least 5 to 10 years, you will get maximum success. 
Because those who invested in Bitcoin at the time they did it have the most success and there is still plenty of opportunity, so the only time to invest is to adopt the DCA approach strategy. It is definitely useful for both old and new investors if you can get started.

[JayJuanGee]

There are 4 weeks in a month,

Technically, there are 4.33 weeks in a month, since there are 52 weeks in a year, not 48... and sure there are 52.143 weeks in a year since there are 365 days in a year not 364.

and if the investor divide the money and invest it on weekly basis, he is doing that because he wants to buy at the different market trends of the month. The market won't be stable all 4 weeks of the month and he wants to make sure that he takes advantage of all different markets trends that will occur during the month, that's why the investor has to divide the money and invest it weekly. Unless the investor is not utilizing the DCA strategy to make his investment, that's when he won't need to divide the money and invest weekly. But so long as he is utilizing the DCA strategy to invest weekly, there is every need to divide the money.

There is some truth that a person might buy BTC on a weekly basis in order to potentially take advantage of various BTC prices in the market during the month, yet I would think that investing weekly just allows a person to stay more active, especially since there is a bit of price neutrality with the DCA method.. even though within the buy period, whether it is weekly, monthly or some other interval, a guy could still try to take advantage of dips within the period.. but perhaps ONLY go so far in terms of waiting for dips since he might have desires to use up all of his BTC purchasing allowance prior to the beginning of the next period.

the only time you should invest weekly is if you are receiving your salary on a weekly basis.

This is very wrong and it is misleading. People who receive their wages on monthly basis can invest on weekly basis and there is nothing wrong with that. Even people who receive their money on weekly basis can also decide to invest on monthly basis too. There is no law anywhere that said only people who receive salary weekly  should invest on bitcoin weekly.

This is a good point to reiterate, since so many guys seem to believe that they have to set DCA up based on when they get paid.  Sure, there might be some logic in regards to how much cash might be available, so there could be some logic to employing DCA around the time of receiving payments, but there could be reasons to also either save money to be able to buy bitcoin every week for those who want to buy bitcoin every week, or there could be reasons to wait until the end of every month in order to be able to have confidence that no more money is needed for the month.. so in that regard, some guys might not feel comfortable to employ their DCA for the previous month until their paycheck for the next month has arrived, so some guys might purposefully wait to see how much money they have remaining before employing the DCA.  It seems to me that the longer that any of us employs DCA and are investing into BTC, then it seems that the greater chances that we should be able to have more cushion in our cashflow and confidence in the amounts of money that we have, yet there still could be some pay periods or some months in which income and/or expenses might not be very clear (or without much cushion) for that particular pay period, and we might have to be more careful in terms of the amounts that we put into BTC as compared with pay periods that we have more confidence in regards to our cash cushion (and or determinations that we are really spending from disposable income rather than spending from money that we might need for expenses).

When you receive your salary monthly and you decide to remove the one for Bitcoin and then divide it so you can then be using it to invest weekly there's a high tendency that you may even use it for another thing with the hope of returning it which may never happen there by reducing your accumulation percentage for the month.

That is why you should have your emergency funds and reserve funds in place before thinking of investing in bitcoin. When these funds are properly in place before you invest, you won't tamper with the money you've kept aside for your weekly investment.

Surely we are allowed more flexibilities when we have different kinds of funds, so there is a certain level of dedication that comes from anyone who actually chooses to buy bitcoin right away, since that money is going to be locked up for 4-10 years or longer.  Also if there is some kind of a deferral that is based on spreading out the buys on a timeline (usually referred to as DCA) or deferral based on BTC price dips, there can be a certain amount of discipline to keep that money dedicated towards buying BTC on the set conditions, yet if they buy had not yet ben made, there would be some liberty to reallocate that money towards something else, whether some other investment or towards consumption or even to just put the money into reserves or into the emergency fund.

If you notice, everyone will understand about this investment, because if you invest $100 every week, you can hold $400 worth of Bitcoins in a month. And that's $4800 a year you can invest, .......

Last time I checked, there were 52 weeks in a year, which would end up being $5,200 invested into bitcoin in a year if the weekly amounts were $100.

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.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

The further out you go, the more general will be your estimates.  You likely have reoccurring expenses, and some might be within a range, and perhaps you would estimate towards the higher end of the usual range, and similar with income, you might have some general amounts that you usually receive, and perhaps you wouid use the more conservative numbers, and so as the time gets closer you sometimes might revise some of the numbers, and hopefully in most months you would have more than you anticipated available for buying BTC or giving you other kinds of flexibility.  If you structure in ways that you are either exaggerating your income and under anticipating your expenses, then you are likely always be in a state of stress, and contributing to your own emergencies every month.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin.

You can have a category in your projected budget in which you have a certain amount of your income that is dedicated to unexpected expenses, and therefore even if the expenses are not known in advance, they are already accounted for in your budget.

Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

Having those kinds of projected cashflow plans seems to help, yet sometimes there will be some work involved in maintaining such projections, yet it seems that once you have your systems in place, then you can probably figure out ways to make them less work.. even though I know that sometimes when I have certain systems in place, having organized the information will sometimes cause me to want to analyze other areas of my own personal finances or maybe analyze certain outcomes, so the creation of certain kinds of information will sometimes spark (or inspire) more analyzing work. which some guys might find to be interesting, and other guys might NOT want to go down various exploration paths in regards to either analyzing past spending or the performance of past investments or to project into the future based on based investing and/or consumption behaviors and past results... There can be ways to tie some charts into analyzing overall wealth and changes in networth.. and sure some of the categories might not be specific but general to give ballpark ideas and to have charts to see how those numbers had been in the past and to project how they might change into the future, too.

[sotelorene]

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.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

DCA method is the best and most reliable way to invest in Bitcoin. So this should always be done to keep yourself properly calm. Because once you start investing with DCA method, instantly your mind will be automatically attracted to that investment. So it is most necessary to take risk to prepare yourself only once, so if you can sustain your investment for at least 5 to 10 years, you will get maximum success. 
Because those who invested in Bitcoin at the time they did it have the most success and there is still plenty of opportunity, so the only time to invest is to adopt the DCA approach strategy. It is definitely useful for both old and new investors if you can get started.

You may be correct but some of your phrase is confusing and can you please explain what you mean by those who invested in Bitcoin at the time they did it has the most success and what you also mean by take risk to prepare yourself only once. And again it's not just about using the best and reliable strategy (DCA) rather it's about management skill, how well can you manage your investment because I can bet with you that it's not everyone that is using DCA, is  doing well in their investment reason because they don't know how to manage investment, they are not discipline, they don't have patient and some just jump into investment without a stable source of income because they heard Bitcoin is a very nice investment and off cause it's a very nice investment but  that doesn't mean It's all rosey.

[AirtelBuzz]

DCA method is the best and most reliable way to invest in Bitcoin. So this should always be done to keep yourself properly calm. Because once you start investing with DCA method, instantly your mind will be automatically attracted to that investment. So it is most necessary to take risk to prepare yourself only once, so if you can sustain your investment for at least 5 to 10 years, you will get maximum success.  

The best and most reliable way to invest in DCA method is when you have certain cash flow to invest in this method. As you mentioned, starting investing in this way will automatically attract your mind to investing. Yes it can be because it is possible to invest in this method even with little knowledge about Bitcoin. Investments will increase over time and so will experience.

Preparing yourself for investment means having specific plans and being ready to buy immediately And watch how well you can manage your investments. Basically we always invest systematically in this method to avoid risk. By adopting this method, you can continue to invest at any point in the market, because you are buying bitcoins with a fixed amount of money at a fixed time. By spending a fixed amount of money on a weekly or monthly basis to buy bitcoins, you are able to buy smaller amounts of bitcoins during market upswings and buy larger amounts during dumping periods.

[Cryptoprincess101]

But what I have always felt that is important to everyone (no matter your class), is the income you earn. If your income is good enough (assuming a monthly income), then you can choose to buy once and wait patiently till you receive the next salary before buying again.

I agree with you that the important thing in bitcoin investment is the amount of income you earn and also the amount of bitcoin you are able to accumulate from it, but the aspect of waiting to buy every month end may not be the best option or that is not a wise investment approach. For me if a person recieve salary it is not good to invest once every month but we can mitigate the opportunity by splitting it across the week. For example if a person recieve salary at the first month of resumption, he can fix on how to split his fund into the following part, 1 for bitcoin investment 2. For emergency 3. reserved fund to use for the purpose of family expenses and also for buying bitcoin every week(DCA), buy the dip and of course lump sum till the next month of his salary which is the 4th week to enable him accumulate bitcoin at ease, than investing agresively and sell later due to lack of proper planning. So that he can take advantage of buying the dip in some week from his reserved fund than just investing once in Bitcoin and using the remaining amount on feeding and or meceleneous expenses. 

Apart from keeping funds as reserves and for emergency needs, i see no reason why someone who is earning monthly will consider splitting his money through the 4 weeks that makes up a month. For any investor using the DCA strategy to accumulate, if they get their income on weekly basis then they should apply weekly DCAing, and if they receive income on monthly basis they should also invest using a monthly DCA strategy. If you decides to split your monthly funds within the weeks, even though you have emergency funds and reserves, you can enter into a condition that will make you to spend both your emergency funds, your reserved funds and the amount you have kept for your next DCA since all the money are still in Fiat because you earn in Fiat, so if it where to be in bitcoin already you will sort out other ways of attending to such situation without having to tamper with your holdings.
               Money kept in Fiat can easily be spent than when it has already been converted into bitcoins. I know that the DCA strategy is about accumulating with same amount at different intervals but it doesn't mean we should not buy if we get money from other sources before our main source of income arrives so far as our emergency funds and reserve funds are still very much intact. Taking advantage of the DIP don't really mean it must be on weekly basis, DIPs can be taken advantage of at any time of your investment. How about a scenario whereby you used your reserved funds to buy at a DIP price in a week and getting to the end of the month the price even DIPs further, won't you be regretting why you didn't leave your reserved fund till that period? we ain't in a hurry to buy bitcoin at a DIP but if the opportunity surfaces then it's just a bonus, the most important thing is about strategies to increase your income, increase your DCA amount and own a huge portfolio.
     

[Salahmu]

regarding the market analysis, you can actually try learning the basics, having Idea on how the market works while you continue your investment  journey  doesn't look lika  bad Idea

There we go again about learning or seeing analysis as an important tool for Bitcoin accumulation, I don't know if you have been on this thread earlier to understand that analysis does not have anything to do with your Bitcoin investment, so don't feel that after going through those things you will develop another better way to accumulate Bitcoin, those assumptions are totally false, so those that still think about analysis should not go through that stress because it doesn't work on Bitcoin accumulation.

However if analysis is that important as you claim can you mentioned a holder whose analysis has helped on there Bitcoin accumulation?, actually I don't no why people like to waste there energy on something that doesn't have any importance or significant to there Bitcoin accumulation journey when they can judiciously use that time to concentrate on more important thing which is there accumulation, if you are doubting me you can possibly ask everyone here, you will see that analysis is a waste of time and is something a holder does not need.

[Obim34]

But what I have always felt that is important to everyone (no matter your class), is the income you earn. If your income is good enough (assuming a monthly income), then you can choose to buy once and wait patiently till you receive the next salary before buying again.

I agree with you that the important thing in bitcoin investment is the amount of income you earn and also the amount of bitcoin you are able to accumulate from it, but the aspect of waiting to buy every month end may not be the best option or that is not a wise investment approach. For me if a person recieve salary it is not good to invest once every month but we can mitigate the opportunity by splitting it across the week. For example if a person recieve salary at the first month of resumption, he can fix on how to split his fund into the following part, 1 for bitcoin investment 2. For emergency 3. reserved fund to use for the purpose of family expenses and also for buying bitcoin every week(DCA), buy the dip and of course lump sum till the next month of his salary which is the 4th week to enable him accumulate bitcoin at ease, than investing agresively and sell later due to lack of proper planning. So that he can take advantage of buying the dip in some week from his reserved fund than just investing once in Bitcoin and using the remaining amount on feeding and or meceleneous expenses. 

Apart from keeping funds as reserves and for emergency needs, i see no reason why someone who is earning monthly will consider splitting his money through the 4 weeks that makes up a month. For any investor using the DCA strategy to accumulate, if they get their income on weekly basis then they should apply weekly DCAing, and if they receive income on monthly basis they should also invest using a monthly DCA strategy. If you decides to split your monthly funds within the weeks, even though you have emergency funds and reserves, you can enter into a condition that will make you to spend both your emergency funds, your reserved funds and the amount you have kept for your next DCA since all the money are still in Fiat because you earn in Fiat, so if it where to be in bitcoin already you will sort out other ways of attending to such situation without having to tamper with your holdings.

No, i do not think so. If there is availability of emergency/reserved funds then it is very difficult to alter funds that are supposedly kept aside for investment purpose. A monthly earner can still prefer to DCA weekly instead of going in monthly, Investing weekly do have a positive impact to the investor, knowing fully that it could help accumulate Bitcoin efficiently, which means taking advantage of purchasing at different prices. The gap between one month of investment until the other is very wild, the market could have gone through stages that should have been more considerate to buy at a lower price.

I started my Bitcoin investment without learning about market analysis, that sounds like what traders usually do before starting trading (but not interested in it). Initially what I did was to learn the basics of Bitcoin first (which includes how to secure my assets) and also learned how to navigate exchanges , so that I will be able to purchase bitcoin through them , before going into deep on how bitcoin investment works.

So one don't need to learn any skills before investing in Bitcoin, bitcoin investment is open for anyone both poor and the rich z the skilled and the unskilled, aslong one have the money to invest that's all.

Well, it's quite a good way of starting your journey I mean you didn't need to spend days/weeks or months studying how to read chart... besides, that's not the basic step to start journey as a newbie, you did the require basic necessary learning( as you've mentioned ).
Thus, regarding the market analysis, you can actually try learning the basics, having Idea on how the market works while you continue your investment  journey  doesn't look lika  bad Idea but it will be a bad idea if you want to start using it as a means to start taking your investment inform of trading... you get the point(not technically directing the whole context on you though by using the word "you"), what I'm just saying is that it isn't a bad idea learning how to analyse and read chart of BTC market

Nothing basic concerning analytically involvement in accumulating Bitcoin, the only recommended opinion is knowing how to buy and store our Bitcoin, any chart reading or extensive reasoning attached are false, this create a stance for short term or trading kind of participation. Likely, knowledge is good to have, but when we talk about accumulation nothing links towards making analysis.

[JayJuanGee]

But what I have always felt that is important to everyone (no matter your class), is the income you earn. If your income is good enough (assuming a monthly income), then you can choose to buy once and wait patiently till you receive the next salary before buying again.

I agree with you that the important thing in bitcoin investment is the amount of income you earn and also the amount of bitcoin you are able to accumulate from it, but the aspect of waiting to buy every month end may not be the best option or that is not a wise investment approach. For me if a person recieve salary it is not good to invest once every month but we can mitigate the opportunity by splitting it across the week. For example if a person recieve salary at the first month of resumption, he can fix on how to split his fund into the following part, 1 for bitcoin investment 2. For emergency 3. reserved fund to use for the purpose of family expenses and also for buying bitcoin every week(DCA), buy the dip and of course lump sum till the next month of his salary which is the 4th week to enable him accumulate bitcoin at ease, than investing agresively and sell later due to lack of proper planning. So that he can take advantage of buying the dip in some week from his reserved fund than just investing once in Bitcoin and using the remaining amount on feeding and or meceleneous expenses. 

Apart from keeping funds as reserves and for emergency needs, i see no reason why someone who is earning monthly will consider splitting his money through the 4 weeks that makes up a month. For any investor using the DCA strategy to accumulate, if they get their income on weekly basis then they should apply weekly DCAing, and if they receive income on monthly basis they should also invest using a monthly DCA strategy. If you decides to split your monthly funds within the weeks, even though you have emergency funds and reserves, you can enter into a condition that will make you to spend both your emergency funds, your reserved funds and the amount you have kept for your next DCA since all the money are still in Fiat because you earn in Fiat, so if it where to be in bitcoin already you will sort out other ways of attending to such situation without having to tamper with your holdings.

It is confusing why you would not appreciate that any person buying bitcoin on a regular basis should be able to get to a point that he can manage his BTC buys, even if he is using DCA and even if he ONLY gets  paid once a month. Such guy still might find it preferable to spread his BTC buys throughout the whole month rather than being restricted to buying BTC only once a month since he is ONLY paid once a month.

Sure, it might take a bit of time where someone has enough of a cash float or even various reserves that he is able to spread his BTC buys through the month and to even employ his BTC buys weekly rather than monthly, and surely some folks might not be able to get to such a situation, which perhaps might even be blamed on their not having a lot of discretionary/disposable income to spread out through the month.  Sometimes there can still be ways to increase discretionary/disposable income by either increasing income or by cutting expenses.

Money kept in Fiat can easily be spent than when it has already been converted into bitcoins.

It seems to me that there would be a preference to not spend any money (fiat) once it is converted into bitcoin for at least 4-10 years or longer.  Sure, spend and replace might be within the bounds of acceptable investment practices.

I know that the DCA strategy is about accumulating with same amount at different intervals but it doesn't mean we should not buy if we get money from other sources before our main source of income arrives so far as our emergency funds and reserve funds are still very much intact. Taking advantage of the DIP don't really mean it must be on weekly basis, DIPs can be taken advantage of at any time of your investment.

These are all good ideas.

How about a scenario whereby you used your reserved funds to buy at a DIP price in a week and getting to the end of the month the price even DIPs further, won't you be regretting why you didn't leave your reserved fund till that period?

It seems to me that you can set some of your dip amounts in advance, and yeah it is true that there may be instances in which the BTC price dips further than the amount of dip that you had in reserves, and so each person has to figure out how much money he wants to have in his reserves for buying on dips.  On a personal level, I tend to have my buying on dip funds to be set at least to the 200-WMA, and frequently even below the 200-WMA, and surely newbies might not have as much reserve funds to be able to even buy dips.. or they are mostly just focusing on DCA with ONLY limited amount of money they hold back for buying on dips.  I personally believe that it is best for the newest of BTC accumulators to mostly focus on DCA and not be fucking around with trying to buy dips, and so part of the rationale for trying to get into a system of buying every week (even if a guy has a monthly income) is so that there could be a bit of buying on the dip that is already somewhat naturally incorporated into the DCA, so there would be less concerns about missing out on dips as compared to the guy who is ONLY buying once a month...

Another thing is that it surely could take one or two whole cycles before a guy might even start to feel that he has stacked enough BTC through his regular DCA practices in order to start to monkey around with some other kinds of practices, such as including some buying on dip practices, and so from my own perspective, it really seems that there are not a lot of needs to be trying to figure out dips or not for some of the guys who might still be in their fairly earliest times of BTC accumulation.. which maybe even getting to a point in which 1-2 years worth of expenses are held in bitcoin, then maybe at that point a person can start to be more creative in his bitcoin accumulation journey, and I have frequently mentioned that it can take 4-10 years or so just to get to a point in which 1-2 years of expenses have been invested into BTC, and surely it could help if BTC appreciates along the way, too which could end up contributing to rethinking whether to stick with pure DCA or maybe to also incorporate some buying on dip strategies.

we ain't in a hurry to buy bitcoin at a DIP but if the opportunity surfaces then it's just a bonus, the most important thing is about strategies to increase your income, increase your DCA amount and own a huge portfolio. 

I cannot argue with any of these points.

I started my Bitcoin investment without learning about market analysis, that sounds like what traders usually do before starting trading (but not interested in it). Initially what I did was to learn the basics of Bitcoin first (which includes how to secure my assets) and also learned how to navigate exchanges , so that I will be able to purchase bitcoin through them , before going into deep on how bitcoin investment works.

So one don't need to learn any skills before investing in Bitcoin, bitcoin investment is open for anyone both poor and the rich z the skilled and the unskilled, aslong one have the money to invest that's all.

Well, it's quite a good way of starting your journey I mean you didn't need to spend days/weeks or months studying how to read chart... besides, that's not the basic step to start journey as a newbie, you did the require basic necessary learning( as you've mentioned ).
Thus, regarding the market analysis, you can actually try learning the basics, having Idea on how the market works while you continue your investment  journey  doesn't look lika  bad Idea but it will be a bad idea if you want to start using it as a means to start taking your investment inform of trading... you get the point(not technically directing the whole context on you though by using the word "you"), what I'm just saying is that it isn't a bad idea learning how to analyse and read chart of BTC market

Nothing basic concerning analytically involvement in accumulating Bitcoin, the only recommended opinion is knowing how to buy and store our Bitcoin, any chart reading or extensive reasoning attached are false, this create a stance for short term or trading kind of participation. Likely, knowledge is good to have, but when we talk about accumulation nothing links towards making analysis.

It seems to me that the most important analysis relates to cashflow and discretionary income considerations, and so managing your cashflow so that you are able to invest into bitcoin.  It also seems to me that even a brand new person to bitcoin should be able to figure out whether he has an extra $100 or even $10 per week that he could invest into bitcoin for 4-10 years or longer, and so if he gets started investing $100 per week, he can study bitcoin as he goes, yet the most important of the beginner knowledge points is to just assure that cashflow management is in a good place, and if he is not sure about if he really is able to dedicate $100 per week or even $10 per week, then he should cut down a bit and get his amount invested into bitcoin into a solid place before really getting into any kind of in depth attempts at analysis of other matters...

Sure, there has to be at least some bare knowledge and/or confidence in bitcoin in terms of considering that there is going to be a reason to stock away $100 per week into bitcoin, and so if the confidence is lacking, then maybe such person with a known $100 per week budget might want to start out with $10 per week until s/he is able to gain enough confidence in regards to the amount that s/he is stacking away and to have an appreciation that s/he is not going to touch that amount for 4-10 years or longer.  So people have differing time constraints in regards to how much they are able to study BTC, so no one is really too likely going to want to be aggressive in their bitcoin accumulation unless they have some confidence about bitcoin, perhaps beyond mere number go up technology, so there may be some needs to study bitcoin in order to start to feel more comfortable in terms of taking a more aggressive investment approach, yet deeper knowledge of bitcoin that justifies aggressiveness is not required in order to get started, and to choose an investment amount that is comfortable whether than it $100 per week, $10 per week or some other amount, yet surely if a person is investing for several months and even getting into years of buying bitcoin, I would think that the fact that they are investing a lot and the possibility that BTC valuations might change during the time of their investing, the more that their BTC value grows, the more that they might want to learn about bitcoin in order to continue to feel comfortable with the increases in the value of their BTC holdings with the passage of time.

[CageMabok]

Cash flow is the main concern that must be considered for the sustainability of the investment made. Determining cash flow management for a long time certainly drains a lot of thought so that it can run as we want. Cash flow is supported by a fixed income and if not it will be contrary to what is planned. Generally, cash flow is divided into several stages and maybe we already know about it so that a wise mindset is to be able to maintain it as well as possible to reach the point of success in investment.

Everyone must know where they get money in their life and of course it can be considered as a personal cash flow for themselves so that everyone must be wise enough in managing it if they still want to invest more consistently in something like Bitcoin. For now, I still consider a fixed income to be very important so that I can still use and channel that income into several things and also into investing in Bitcoin. Because with the existence of a fixed income in life, of course everyone will continue to learn to manage it well if they still want to achieve greater success in the future so that policies for themselves must always be there and it is not only about cash flow.

[Jewan420]

It seems to me that you can set some of your dip amounts in advance, and yeah it is true that there may be instances in which the BTC price dips further than the amount of dip that you had in reserves, and so each person has to figure out how much money he wants to have in his reserves for buying on dips.  On a personal level, I tend to have my buying on dip funds to be set at least to the 200-WMA, and frequently even below the 200-WMA, and surely newbies might not have as much reserve funds to be able to even buy dips.. or they are mostly just focusing on DCA with ONLY limited amount of money they hold back for buying on dips.  I personally believe that it is best for the newest of BTC accumulators to mostly focus on DCA and not be fucking around with trying to buy dips, and so part of the rationale for trying to get into a system of buying every week (even if a guy has a monthly income) is so that there could be a bit of buying on the dip that is already somewhat naturally incorporated into the DCA, so there would be less concerns about missing out on dips as compared to the guy who is ONLY buying once a month...

Along with DCA I give more importance to reserve fund for dip buying. Because reserve fund is divided into 2 always one part is kept for emergency fund (which acts as protection to prolong my investment) and the remaining part is used for buying dips. I have only been in the deep once since I started investing. I would like to ask some questions, should I be aggressive in DCA with the money reserved for the dip during the dip?
 Or should I buy a lump sum with the whole amount?

A few days ago I entered the deep, where I chose to be aggressive in investing. At that time I took a completely independent opinion. Normally I invest in DCA monthly, as I am salaried monthly. But as I had money saved for the dip, I resorted to weekly DCA to buy the dip, which was only for 3 weeks. Later I again started saving money in reserve fund and preparing to buy dip. I haven't fully planned whether I will do DCA or buy lump sum during the next dip, but in the initial plan I am preparing to buy lump sum. I want advice from you guys, should I do frequent dip along with DCA? Or once a year or longer?

[Promocodeudo]

After reading more replies in this thread I realized that the discussion here goes beyond just buying Bitcoin, and the main accumulation method is DCA. Thanks for your clarification and patience in explaining, it's a pity that not everyone can treat newcomers in this thread so well. Well, as far as I understand, the DCA method has an interesting aspect regarding the fact that if you buy Bitcoin every month, then all such investors will still have different results, because there are thirty days in a month and, for example, two HODLers will have different results due to prices.

Exactly the point buddy, the major concentration and mindset of many bitcoiners here is the long-term goal achievement, we are not just talking about buying because one can keep buying and get discouraged on the way because of lack of planning and inability to realize that as an investor you don't need to invest all your earnings, there should be funds left for an investor carter for other needs that's why @JayJuanGee with other active participants here always talk about DCA mathod because it enabled you to invest with the little you can gradually, continuously and steadily without stress, this method gives you room not to invest in way that surpass your financial ability, am happy that you are now finding this thread interesting.
This DCA method was introduced to allow people to buy the amount they can not minding the price of Bitcoin at all tome

I think Bitcoin investment would have been for the rich alone or people that has lump sum amount but with this DCA method, every interested individuals have a stake in Bitcoin as far as they DCA with what they can sustain continuously, we should also know that DCA method is a smart method of investing in Bitcoin because it gives us the opportunity to keep acumulating Bitcoin in smart way that will surprise any intending or existing investor that keeps waiting for the dip to come before they can start buying which might not come, with this method the price of Bitcoin doesn't matter to you since our mindset is centered on a long-term which is the major reason for the investment.

Yes, definitely every hodler will have different result as you said not only because of the price but the amount they are DCAinv with, every individual has an amount they are DCAing with monthly or weekly which may also change as time goes by, so their holdings will never be the same irrespective of the price of Bitcoin.

[JayJuanGee]

Cash flow is the main concern that must be considered for the sustainability of the investment made. Determining cash flow management for a long time certainly drains a lot of thought so that it can run as we want. Cash flow is supported by a fixed income and if not it will be contrary to what is planned. Generally, cash flow is divided into several stages and maybe we already know about it so that a wise mindset is to be able to maintain it as well as possible to reach the point of success in investment.

Everyone must know where they get money in their life and of course it can be considered as a personal cash flow for themselves so that everyone must be wise enough in managing it if they still want to invest more consistently in something like Bitcoin. For now, I still consider a fixed income to be very important so that I can still use and channel that income into several things and also into investing in Bitcoin. Because with the existence of a fixed income in life, of course everyone will continue to learn to manage it well if they still want to achieve greater success in the future so that policies for themselves must always be there and it is not only about cash flow.

There is an expression regarding the power of living within your means, yet also if you live within your means, then any extra that you have can be turned towards investment and at the same time, if you are investing, then you have a cushion in regards to earning more than you need to live.. which after many years of living within those boundaries, you can come to an assessment in regards to how much you need to maintain your living style and/or standard.  The more excess wealth that you have then the more you can sustainably increase your standard of living. I think one of the problems that non-investors have is that they want to increase their standard of living prior to their income supporting such increases, which we might have the same problem if we try to live off of investments rather than living off of working income, and so managing cashflow and also managing expectations seem to be a large part of becoming rich and/or staying rich...

since it seems that a lot of folks would like to mostly cut out their need to have to work in order to continue having an income coming in, and surely there can be some income that might come from prior work (such as pensions) or even from the state (such as social security), yet various forms of personal investments might be more controllable and able to make differences, so even if a person might not be able to completely live off of the investment income, such income can supplement the other kinds of income, and surely there are some folks who never are able to build any amount of pension or social security, so they are reliant upon ONLY whatever they are able to put together for cashflow from their investments, and it seems to me to be better to get such investments up to a size that they are sustainable rather than depleted in a short period of time.  I am not sure how people get to such organization states or even confidence about the sustainability of their investments without building their cashflow management skills.

It seems to me that you can set some of your dip amounts in advance, and yeah it is true that there may be instances in which the BTC price dips further than the amount of dip that you had in reserves, and so each person has to figure out how much money he wants to have in his reserves for buying on dips.  On a personal level, I tend to have my buying on dip funds to be set at least to the 200-WMA, and frequently even below the 200-WMA, and surely newbies might not have as much reserve funds to be able to even buy dips.. or they are mostly just focusing on DCA with ONLY limited amount of money they hold back for buying on dips.  I personally believe that it is best for the newest of BTC accumulators to mostly focus on DCA and not be fucking around with trying to buy dips, and so part of the rationale for trying to get into a system of buying every week (even if a guy has a monthly income) is so that there could be a bit of buying on the dip that is already somewhat naturally incorporated into the DCA, so there would be less concerns about missing out on dips as compared to the guy who is ONLY buying once a month...

Along with DCA I give more importance to reserve fund for dip buying. Because reserve fund is divided into 2 always one part is kept for emergency fund (which acts as protection to prolong my investment) and the remaining part is used for buying dips. I have only been in the deep once since I started investing.

Going by your forum registration date, we have been in dip (or at least consolidation) pretty much the whole time that you have been registered on the forum.  Did you start buying BTC around your forum registration date or some other date?  In other words, I am having some trouble understanding what you consider to be a dip.

I would like to ask some questions, should I be aggressive in DCA with the money reserved for the dip during the dip?
 Or should I buy a lump sum with the whole amount?

Those are fairly personal choices.  I don't even recommend buying dips for folks who are in their whole first cycle or maybe even cycle and a half of bitcoin investing, so in that regard, I recommend DCA and I also recommend weekly, and if you want to try to catch dips within the week, then sure nothing wrong with that.

There is no reason to get greedy, especially for newbies. .just suck it up and buy ongoingly, persistently and consistently and don't be fucking around trying to guess BTC price movements.

If you are going to save some of your weekly allowance for buying dips, then you might want to spread out the amount in increments rather than trying to time any bottom.  Sure, you get more bang for the buck if you are able to lump sum all of it at the bottom, yet how the fuck are you going to know that there is going to be a dip and how you going to know how far the dip is going to go.  Sure sometimes when we are in a dip we get a sense that we are in the bottom of a dip, but we cannot really know in advance that such dip dynamics are going to end up playing out, and that is true no matter how much technical analysis skills you have and the various chart gurus are going to tell you blah blah blah blah.. and at best they are making guesses, so why even waste time trying to figure out the extent to which some of them might be right.. just keep buying bitcoin consistently, persistently and ongoingly and whenever you are holding money back to buy on dips you are deviating from a consistent, persistent and ongoing DCA buying strategy.

Let's say that you have been DCA buying bitcoin at $100 per week for 6 months, and so you have bought $2,600 worth of BTC in the last 6 months.  You want to hold some of  that back in the future?  Or are you suggesting that you want to increase your BTC buying budget, so you are going to continue to buy $100 per week of BTC, while at the same time holding another $50 per week in case the BTC price dips.. So what might happen is that you could continue to DCA the $100 per week while at the same time you are stacking the $50 per week that you plan to use to buy on dips, so maybe you plan on a 10% dip or a 5% dip or a 25% dip.. Well you have to figure out how much you have in your dip buying budget and how much of a dip you are going to want to deploy each of the amounts. 

I don't even like the idea for newbies, and surely I don't like the idea of holding all of it back for a lump sum, so if you are going to plan such a strategy, I think that you should try to figure out various price points that you are going to execute such BTC buys on the dip...maybe even setting your BTC buy orders in advance.. so if the BTC price dips and fills all of your buy orders you end up running out of dip buying money.. yet you can spread the buy orders even lower, but the more money that you hold back as a newbie, then the more you might end up suffering from the problem of the BTC price going up rather than down and your feeling that you did not buy enough BTC, yet if you are buying BTC all the time and every week, you will likely not feel as bad when the BTC price ends up going up rather than down.. and plus you put yourself into a better psychology of buying BTC all of the time rather than fucking around with various kinds of waiting strategies that may or may not end up working out.

A few days ago I entered the deep, where I chose to be aggressive in investing. At that time I took a completely independent opinion. Normally I invest in DCA monthly, as I am salaried monthly. But as I had money saved for the dip, I resorted to weekly DCA to buy the dip, which was only for 3 weeks. Later I again started saving money in reserve fund and preparing to buy dip. I haven't fully planned whether I will do DCA or buy lump sum during the next dip, but in the initial plan I am preparing to buy lump sum. I want advice from you guys, should I do frequent dip along with DCA? Or once a year or longer?

You might be trying to be too smart for your own good... but hey whatever... do what you like.

Frequently, I recommend that if anyone wants to be as aggressive that he is able to be, then the guy should first make sure that he has emergency and reserve funds in place, and then creating a weekly DCA purchase, even if he is paid monthly. .. so if you already have your emergency fund in place, then you can afford to be somewhat aggressive with your weekly DCA.. so if you have an income of $2k per month and you have expenses  of $1,500 per month, then you can plan to buy $100 per week of BTC and you can even attempt to employ the DCA buys on a manual basis if you want to figure out if their might be a dip during the week... yet at the same time, you might figure out that it is not a very productive use of time to try to figure out if there may or may not be a dip during the week, and you may well come to conclude that it is better to just buy your $100 per week in BTC and work on other ways that you might increase your discretionary income buy increasing your income and/or cutting your expenses.

I suspect that you are going to try to be smarter and you are going to try to figure out how to buy dips, and sure whatever, that's your choice.

[Egii Nna]

Along with DCA I give more importance to reserve fund for dip buying. Because reserve fund is divided into 2 always one part is kept for emergency fund (which acts as protection to prolong my investment) and the remaining part is used for buying dips. I have only been in the deep once since I started investing. I would like to ask some questions, should I be aggressive in DCA with the money reserved for the dip during the dip?
 Or should I buy a lump sum with the whole amount?

I don’t think you still understand how to accumulate bitcoin. That is why you are not getting the point, because how can  you mix  your reserve fund for both emergencies and buying bitcoin at dip? Did you even know the difference of emergency fund and reserve fund in financial management? I think you don’t know that is why you are saying all this. Because if you do you would have known that the best way to accumulate bitcoin is by using DCA strategies not waiting for dip to buy. Because if you are waiting for a dip you will end up buying a small quantity of bitcoin. Moreover if you are using DCA strategy you will be able to purchase bitcoin bit by bit in different price and even in dip it will not affect you that much, because you didn’t buy them all at the same time. But I don’t know what is wrong with you that you failed to understand.

[asarfiar]

With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.

Bitcoin is the forerunner of all cryptocurrency exchanges, which we can see that the whole world has seen the rise of cryptocurrency through Bitcoin. Simply put, Bitcoin reigns supreme when it comes to cryptocurrency discussions.
 Based on the market performance we can say that investing in Bitcoin is a safe option, but the growth of Altcoins is fast and phenomenal. Besides Bitcoin we can dip other Altcoins because there are many Altcoins which have increased by almost 1000% in 4 months. With such gains comes risk although Altcoin dips will be riskier than Bitcoin dips.

[JayJuanGee]

With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.

Bitcoin is the forerunner of all cryptocurrency exchanges, which we can see that the whole world has seen the rise of cryptocurrency through Bitcoin. Simply put, Bitcoin reigns supreme when it comes to cryptocurrency discussions.
 Based on the market performance we can say that investing in Bitcoin is a safe option, but the growth of Altcoins is fast and phenomenal. Besides Bitcoin we can dip other Altcoins because there are many Altcoins which have increased by almost 1000% in 4 months. With such gains comes risk although Altcoin dips will be riskier than Bitcoin dips.

This thread is not about shitcoins or even trying to suggest that there is any value in getting involved in shitcoins. 

I understand that people love to gamble and/or they even get mixed up into believing that shitcoins are similar to bitcoin, so they start to believe that similar kinds of investment strategies can be applied to shitcoins as can be applied to bitcoin, yet that is not true.  You seem to be getting lured by the possibilities of profits and pumping and dumping of shitcoins, yet that still does not mean that it is a good idea to invest into shitcoins or even to use investment kinds of strategies with shitcoins, since one of the main things is getting in and out because an overwhelming majority of them do not have any kind of long term value to even be able to have some assurance that they will even be investable for a whole bitcoin cycle... so yes, you then begin to refer to something to trade rather than invest, and we are also not talking about trading in this thread.. so you are really out there in terms of bringing up both trading and bringing up shitcoins.

I do frequently mention to guys if you cannot resist but to trade bitcoin or shitcoins or to get involved in shitcoins, then at least with those kinds of gambling behaviors, it would be prudent of you to at least limit the size of your gambling/trade and/or shitcoin exposure to less than 10% the size of your bitcoin holdings.. yet I also understand that gamblers tend to not be able to help themselves and they are not going to consider 10% to be enough.. and that is their problem if they cannot limit or control their gambling, just like it seems to be your problem asarfiar that you are getting distracted into believing that you might be able to get in and out of some shitcoin(s) and then do better than just by being into bitcoin, and you want to try to convince others in this thread of the same, which is out of place and you should go to some other thread with your bullshit pumping of shitcoins and/or promoting trading(gambling).

[sotelorene]

Along with DCA I give more importance to reserve fund for dip buying. Because reserve fund is divided into 2 always one part is kept for emergency fund (which acts as protection to prolong my investment) and the remaining part is used for buying dips. I have only been in the deep once since I started investing. I would like to ask some questions, should I be aggressive in DCA with the money reserved for the dip during the dip?
 Or should I buy a lump sum with the whole amount?

I don’t think you still understand how to accumulate bitcoin. That is why you are not getting the point, because how can  you mix  your reserve fund for both emergencies and buying bitcoin at dip? Did you even know the difference of emergency fund and reserve fund in financial management? I think you don’t know that is why you are saying all this. Because if you do you would have known that the best way to accumulate bitcoin is by using DCA strategies not waiting for dip to buy. Because if you are waiting for a dip you will end up buying a small quantity of bitcoin. Moreover if you are using DCA strategy you will be able to purchase bitcoin bit by bit in different price and even in dip it will not affect you that much, because you didn’t buy them all at the same time. But I don’t know what is wrong with you that you failed to understand.

Why are you confusing yourself dude, if I may ask you what is the difference between emergency fund and reserve fund? Off cause they are same thing which is being used to solve unforseen circumstances that may or will arise. The fact that DCA method is the best and reliable way to invest in Bitcoin doesn't mean every other strategy is not good or doesn't exist and stop sounding like buying the Dip is not among the strategy. I disagree with this " waiting for the Dip you will end up buying a small quantity of Bitcoin", the fact that buy Dip is not the best or not advisable, doesn't mean one can not buy nice quantity of Bitcoin when there's Dip, anyone who's is prepared for the Dip and fortunately there happens to be a dip, that investor will buy a nice quantity of Bitcoin but if you are not prepared you will find it difficult to buy a nice quantity of Bitcoin so I think the key thing here is preparation. Note : I don't wait for a Dip but I take advantage whenever there's Dip if I have enough funds.

[SuperBitMan]

With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.

Bitcoin is the forerunner of all cryptocurrency exchanges, which we can see that the whole world has seen the rise of cryptocurrency through Bitcoin. Simply put, Bitcoin reigns supreme when it comes to cryptocurrency discussions.
 Based on the market performance we can say that investing in Bitcoin is a safe option, but the growth of Altcoins is fast and phenomenal. Besides Bitcoin we can dip other Altcoins because there are many Altcoins which have increased by almost 1000% in 4 months. With such gains comes risk although Altcoin dips will be riskier than Bitcoin dips.

You sound like Altcoins and Bitcoin are in the same category which is never true, Bitcoin is not in any way associated with all this shitcoins, how can you categories Bitcoin and shitcoins that a lot of them were just created to enrich the creators, a lot of shitcoins creators sell off the coin they are holding to make huge account of profit and after that act the coin drops and those that were holding loses there money the reason why those creators do such is because they only created that particular coin to make money and they have seen the coin has no future, I understand that some people love's to make quick money and because of that they gamble with shitcoins but this thread is for Bitcoin discussion and it will be better will focus on why it was created.