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Author Topic: Buy the DIP, and HODL!  (Read 202025 times)
bitzizzix
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February 24, 2025, 04:57:20 PM
 #14481


Conservative Bitcoin All Time High this cycle is $200,000. Optimistic All Time High, $500,000? If you're a DCA investor, this sort of market movement is the BEST for your strategy. 👏

Of course, no one hesitates to choose the best, that's why I have been following the DCA method for a long time and will continue to do so in the future. And the DCA method plays the best role in maximizing the value of Bitcoin, if Bitcoin is collected for a long time in the DCA method, it is able to maintain long-term investment.
However, since the day I have been holding Bitcoin in the DCA method, my investment has been growing, because I like to invest Bitcoin in the DCA method weekly.

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.
DCA is indeed the simplest and most effective method for becoming a consistent long-term investor in bitcoin. Because the strategy relies on consistency in accumulation, this is a specialty of this DCA technique. So if someone can invest in bitcoin with consistency with the DCA technique for the next two cycles, I am also sure that the investor will reap quite satisfactory profits. But even though DCA is a very good buying strategy when used on bitcoin. But I personally also really like other purchasing strategies such as the Lumsump strategy. Because even with the Lumsump strategy, I think it is no less good than DCA. Although if you look at several things, DCA is indeed superior. But for people who are very busy but want to invest in bitcoin, this lumpsum method is very suitable for that type of person. Because by investing in bitcoin using the Lump sum method we don't need to look at the market often and of course this really saves time. So in essence, I personally really support any method for investing in Bitcoin. Because I'm sure whatever method it is, if it is done consistently, investing in Bitcoin will definitely still be profitable.
Both are equally good and also profitable if done consistently and also aim for the long term. And in my opinion, doing the DCA strategy also cannot be said to often look at the market and look at the market only when you want to make a purchase which I think has no effect, because the goal is only to buy without paying attention to market conditions and only doing routine tasks of buying Bitcoin every week or month which does not mean being affected by the market when buying it.

And DCA can also do the Lump sum method and if both are done it will be much better. I mean, we can add or take advantage of the decline to increase the number of routine purchases at times that are suitable for doing Lump sum and normalize routine purchases when the price of Bitcoin starts to rise. And according to both of them if done at certain times it will be much better and the amount of Bitcoin collected will be more if done at the right time and consistently.


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Stormisover
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February 24, 2025, 05:15:00 PM
Last edit: February 24, 2025, 05:29:36 PM by Stormisover
 #14482

Bitcoin price has been consolidating between $94,000 and $100,000 since early February, hovering around $95,000 at the moment. Despite this consolidation, US Bitcoin spot ETFs data recorded a total net outflow of $489.60 million until Thursday, hinting signs of weakness among institutional investors.


Bitcoin price dipped on Tuesday, reaching as low as $93,388 but recovering to close above $95,600 and currently below 95k. This price knee-jerk movement has  been fueled by the news that defunct crypto exchange FTX has begun repaying funds to customers with account balances of $50,000 or less

At this point, there's practically no genuine reason not to accumulate more bitcoin by any real investor. I guess the Dip everyone is clamouring for is finally here. In bitcoin investment, News is a very big factor and an influencer that could be both positive and negative.


This is not true, not everyone is glamoring for a dip to occur because that sounds more like a traders mindset,  there are those who has refused to be concerned about the dip but only become consistent and even aggressive with their DCA,  the dip can be a trap to those that did not prepared for it to by being overly carried away to the extend of using not meant for investment to buy Bitcoin, one can stay focused to avoid distractions,  we can still make our normal buying using the DCA without being distracted by the dip which is not  for everybody contrary to your view, even though it offers more Bitcoin at cheaper price.

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February 24, 2025, 05:56:16 PM
Last edit: February 24, 2025, 06:09:55 PM by Ruttoshi
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 #14483


Buying the dip is a popular strategy in the Bitcoin market, where investors purchase BTC when the price drops, hoping to profit when it recovers. This approach can be effective in maximizing profits, especially during confirmed uptrends.
However, timing the market can be challenging, and there are risks involved. To mitigate these risks, it's essential to implement effective risk management strategies, such as setting stop losses, combining buying dips with other strategies, and using dollar-cost averaging.
In the context of Bitcoin, buying the dip can be a lucrative opportunity, especially during periods of high volatility. Nonetheless, investors should exercise caution and thoroughly understand the risks involved before deploying this strategy.
You are sounding more like a trader to talk about buying at the dip for profit when you are suppose to be building your bitcoin portfolio for the future overtime with regular DCA as a new investor and a low coiner. However, stop loss is useless for long-term investors because they are not selling but only buying and accumulating for long periods of time.

Only traders risk their bitcoin and think they can outsmart the market by using stop loss to limit their losses. Traders uses stop loss because they are gambling with their future intead of piling up for the future. Bitcoin is worth more than using it for gambling because in future it will be very expensive. Use this opportunity to invest with your discretionary income, no matter how little it is. If you invest regularly every week with DCA consistently and persistently for 4-10 years and above, you will be in a good place than when you are trading.

A small beginning can turn up something great in future. Trading is the opposite of investing and so will the outcome be in the long run.

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February 24, 2025, 06:08:16 PM
 #14484


Buying the dip is a popular strategy in the Bitcoin market, where investors purchase BTC when the price drops, hoping to profit when it recovers. This approach can be effective in maximizing profits, especially during confirmed uptrends.
However, timing the market can be challenging, and there are risks involved. To mitigate these risks, it's essential to implement effective risk management strategies, such as setting stop losses, combining buying dips with other strategies, and using dollar-cost averaging.
In the context of Bitcoin, buying the dip can be a lucrative opportunity, especially during periods of high volatility. Nonetheless, investors should exercise caution and thoroughly understand the risks involved before deploying this strategy.
Waiting to buy low and sell when bitcoin price is up is just trading, trading attitude i wonder how it is an effective way of maximizing profit, are you even supposed to be talking about taking profit now? No your main plan should be how you will be able to buy more bitcoin and hodl using the dollar cost averaging method to buy since you won't only be buying when the price is only low but both when price is high or low. Waiting to only buy when the price is low will not make you grow fast in your bitcoin investment. Buying only the dip can never be lucrative because you won't be buying all time .

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February 24, 2025, 08:33:56 PM
 #14485

With the news of a serious hack on bybit a popular exchange wallet most us here uses, even though it has nothing to do with bitcoin directly yet I find it necessary to remind you all that leaving your coins or assets in an exchange wallet is a big red flag and for every reason always find a way to move your coins to a safe open source wallets.

Coin security should be a priority. buy bitcoin and never leave them on an exchange wallet or any wallet that does not guarantee good percentage of security.
With the hack that happened on the Bybit exchange yesterday, it will serve as a lesson to those investors who don't want to take the phrase "not your key, not your coins" seriously now because they would put themselves in the shoes of those investors who lost their assets on the Bybit exchange. For the newbies in this thread to get it clear and also do the right thing by keeping their bitcoin safe from centralized exchanges, there's nothing like an exchange wallet, but centralized exchanges, so newbies should help themselves and stop keeping their bitcoin on a centralized exchange like Binance, Kucoin, Gate, Bitget, and so on for a very long time so that they will avoid this type of bad news in the future.

It has already been confirmed that customers asset are 1 on 1 backed hence there was no customers lost of asset because the exchange is buoyant enough to absorb such heat so there was no direct lost of customers assets but on the exchange which they posted on x that bybit is solvent enough even if the lost is not recovered.






Bybit's CEO knows that Bybit users will no longer want to keep their assets on the exchange anymore so that they will not lose their assets in the future, so that statement by the Bybit CEO could just be a way of getting back the trust of its users so that they will keep using Bybit. Since you don't really know what is happening at the backend of the Bybit exchange, do not believe anything you see online. If you have assets there, go and withdraw your assets for your safety.
Words are not enough to restore trust to users. Action speak louder than words here. Since he has made promises to restore exactly the amount of each users asset back to the Bybit exchange then he should do that like he said. This will make the trust that Bybit is capable of saying things and getting it done. Users wont remove their funds from the exchange anymore if they are trading. Although if Bybit CEO fulfill their promises only a fool will want to fall victim of such incident for the second time. Well i know there are people who will still leave their funds in the exchange.

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February 24, 2025, 11:58:02 PM
 #14486

Even though self-custodial is important, you do not need to learn self-custody before getting started investing in bitcoin.  In investing in bitcoin, amongst the most important of things is to get started, as long as you have a discretionary income.. start right away, and if you don't know things, then just start out smaller and learn as you go... so for example, if you know that you have $100 per week that you could put into bitcoin, you might start with $10 per week and work your way up to $100 per week as you learn various basic aspects of bitcoin.  Each person will be different in terms  of how much time he has to learn and at what kind of time line does he need to figure out some kind of a self-custody solution, whether  electrum or some hardware wallet or some combination, and of course, there can be needs for timing, but there are likely greater needs to get started buying some bitcoin first.
Of course I would agree with you that it's not much of the basics to invest in bitcoin but it comes along the line of accumulation and fortunately coin security is my most priority I encourage people to start making all type of coin security decisions before or once their accumulation is up to $500 or even below since exchanges pose more risk. Cold wallets on airgapped device is most important for a holder even some are not willing to go for a well secured wallets like electrum yet they can go for any other open source wallets that at least has no backdoors like exchanges and other types of wallets.

Self custody can be difficult for some people, so I would be careful in making too many assumptions that "anyone can do it."  Or assuming that "self-custody" is a basic practice that can be achieved by a lot of normies who don't seem to want to do it, so they might have to build their own incentive to learn about it and to put it into practice, and even if they have someone helping them, they still might not be ready, willing or able to do it.. in terms of their motivation and/or abilities.

I agree with your assumption that exchanges are not safe, yet I don't agree that the fact that exchanges are not safe is enough of a motivation to get normies (grandma) to learn about how to safeguard her coins and to put such safeguarding into practice.

Of course open source is good, and this website (Athena) has ratings of various  hardware wallets.  
This other website (The Bitcoin Hole) has a list of hardware and software wallets and some of the features.
Of course there are some other sites too.
There are topics in Bitcoin forum about hardware walllets that need to be known too.
List of Open Source Hardware Wallets
[GUIDE] How to buy a Hardware Wallet the right way
Check and know your wallet like you built it. Like checking whether a wallet is open source, reproducible.

I agree.. Good additional links.

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.

You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.

Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get.  So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities. 

A guy  can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they  might choose).

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 25, 2025, 02:12:50 AM
 #14487

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.

You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.

Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get.  So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities. 

A guy  can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they  might choose).
Why many people value the DCA strategy more compared to others is because every class of investors can do the DCA but not every one can lump sum, like he said, he can decide to invest $1m for a full year and someone who invests $10k won't make more profits than him that's true but come to think of it, the number of people that can invest that heavily at once are far more lesser than those who can't moreover the majority who are not that wealthy would rather go for the DCA and that's why it may seem as though the DCA is more popular and mostly used by investors compared to others.

 You're right Jay, even though someone starts with a lump sum at the beginning of their investment they'll definitely switch to the DCA with time and still lump sum when opportunity arises, let's take Saylor for instance he has enough cash to just buy at once and hodl for the year but he still does the DCA and at some point was even buying daily, the DCA gives an opportunity to buy at a cheaper price on different intervals without waiting for the dip to occur, that another advantage it has compared other strategies.

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February 25, 2025, 04:49:58 AM
 #14488

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.

You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.

Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get.  So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities.  

A guy  can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they  might choose).
Why many people value the DCA strategy more compared to others is because every class of investors can do the DCA but not every one can lump sum, like he said, he can decide to invest $1m for a full year and someone who invests $10k won't make more profits than him that's true but come to think of it, the number of people that can invest that heavily at once are far more lesser than those who can't moreover the majority who are not that wealthy would rather go for the DCA and that's why it may seem as though the DCA is more popular and mostly used by investors compared to others.

 You're right Jay, even though someone starts with a lump sum at the beginning of their investment they'll definitely switch to the DCA with time and still lump sum when opportunity arises, let's take Saylor for instance he has enough cash to just buy at once and hodl for the year but he still does the DCA and at some point was even buying daily, the DCA gives an opportunity to buy at a cheaper price on different intervals without waiting for the dip to occur, that another advantage it has compared other strategies.
All method of buying bitcoin can be used by anybody i don't see anything such as some class can't buy bitcoin using the lump sum method even though the dca is mostly used doesn't mean low coiner can't still buy or low income earners can't still buy using the lump sum method, sometimes most low coiner do buy bitcoin with the lump sum when big money they may not expect comes there way they may lump sum, lump sum is not just for one class of people.
The dollar cost averaging method dca doesn't even give you an opportunity to buy bitcoin at cheaper price but with it you can be buying little fraction of bitcoin with your discretion income either every weeks or months without considering if the price of bitcoin is high or low, using the dollar cost averaging method doesn't mean you will buy bitcoin very cheap it's not true.

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February 25, 2025, 05:18:11 AM
 #14489

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.
You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.
Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get.  So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities. 

A guy  can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they  might choose).
Why many people value the DCA strategy more compared to others is because every class of investors can do the DCA but not every one can lump sum, like he said, he can decide to invest $1m for a full year and someone who invests $10k won't make more profits than him that's true but come to think of it, the number of people that can invest that heavily at once are far more lesser than those who can't moreover the majority who are not that wealthy would rather go for the DCA and that's why it may seem as though the DCA is more popular and mostly used by investors compared to others.

The example of Mrbluntzy is a wee bit retarded, since he is not describing like situations.

If two people have $1 million and one decides to buy right away and hte other decides to DCA over 20 or 30 years, then that makes hardly any sense for anyone who has any clue about bitcoin.

Surely one could invest $1 million right away and the other could DCA the $1million over 4 years, yet that does not make much sense either.. and does not even grapple with the real kinds of concerns that normal people have when they are trying to figure out whether to invest in bitcoin and then if they decide to invest how to invest.

You're right Jay, even though someone starts with a lump sum at the beginning of their investment they'll definitely switch to the DCA with time and still lump sum when opportunity arises, let's take Saylor for instance he has enough cash to just buy at once and hodl for the year but he still does the DCA and at some point was even buying daily, the DCA gives an opportunity to buy at a cheaper price on different intervals without waiting for the dip to occur, that another advantage it has compared other strategies.

Maybe if Saylor had made his first purchase of $300 million in bitcoin in August 2020, or whatever it was, and then if he stopped at that point, then that could  have been considered a lump sum rather than a DCA.... .but he pretty much bought every quarter based on company circumstances,  and then he found more and more ways to raise money, so then he seemed to buy a lot of bitcoin, every time that he was able to raise more money.

Also, the more money that he raised, then he likely could choose to have some of the cash on the side for buying, even if money is not coming in, yet he does not necessarily describe that level of detail regarding how he is buying BTC, so it seems that he is largely buying almost every week in recent times, since late October 2024.

[edited  out]
All method of buying bitcoin can be used by anybody i don't see anything such as some class can't buy bitcoin using the lump sum method even though the dca is mostly used doesn't mean low coiner can't still buy or low income earners can't still buy using the lump sum method, sometimes most low coiner do buy bitcoin with the lump sum when big money they may not expect comes there way they may lump sum, lump sum is not just for one class of people.
The dollar cost averaging method dca doesn't even give you an opportunity to buy bitcoin at cheaper price but with it you can be buying little fraction of bitcoin with your discretion income either every weeks or months without considering if the price of bitcoin is high or low, using the dollar cost averaging method doesn't mean you will buy bitcoin very cheap it's not true.

You cannot buy lump sum if you don't have any lump sum amounts coming available.   Sure, even poor people might have lump sum amounts coming available every once in awhile, but  it really is not any kind of a common thing, especially if we are considering that a lot of poor people are struggling to figure out if they have any discretionary income, and so if there are questions about discretionary income, then they cannot invest into bitcoin... .. yeah some folks might use money they need for their expenses (which is not discretionary income), yet that would be trading and/or gambling, which does not seem to be a very good idea.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 25, 2025, 05:48:34 AM
Last edit: February 25, 2025, 07:35:33 AM by Wind_FURY
 #14490

I want to remind all of my fellow plebs in the topic that the Strategic Bitcoin Fund is not priced in. The market would have been more BULLISH than it currently is.

PLUS if you don't read the news, a legacy financial institution will become one of the biggest liquidity providers in cryptocurrencies  because it wants to "bet on President Trump's embrace in the crypto industry".

 HODL

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February 25, 2025, 06:32:18 AM
Last edit: February 25, 2025, 12:58:12 PM by Samlucky O
 #14491

I want to remind all of my fellow plebs in the topic that the Strategic Bitcoin Fund is not priced in. The market would have been more BULLISH that it currently is.
surely Trump may have be doing everything humanly possible concerning the said bitcoin strategic reserved ever since his assumption in the office and there could be some certain reasons which i believed may be causing it not to come into accomplishment. i see that making a decision and standing by it  will require some backup and alot of approvement by executives and working towards it and signing it into bill will require some time to be done. good things take time to achieve. like i said he might be working on it but since it hasn't come in to accomplishment i looks like he is not doing anything let stay focused and be hopeful. let Trump never be a barrier for people not to invest. bitcoin has been doing well even before trump promise and without him bitcoin will still do fine. now is the time to accumulate more as every opportunity is an opportunity to accumulate more or embraced bitcoin including buying more bitcoin now before bitcoin strategic reserve will be approved or before bitcoin will grow pass this height.  


R


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February 25, 2025, 10:56:22 AM
 #14492

I want to remind all of my fellow plebs in the topic that the Strategic Bitcoin Fund is not priced in. The market would have been more BULLISH than it currently is.

PLUS if you don't read the news, a legacy financial institution will become one of the biggest liquidity providers in cryptocurrencies  because it wants to "bet on President Trump's embrace in the crypto industry".

 HODL

Some people don't look that situation since there are short tempered people think about that they are in danger zone knowing the market is dumping. But if they could just wide up their vision to what will happen in future then this current market downfall will not actually affect their decision to buy and hold Bitcoin.

Its common to see some correction happening and people need to relax then joined with the fud since if they let their selves got caught up then listen to negativity spread by people then possibly that they would also ride the decision made by those crazy people. So aside from continue to HODL in this situation better buy and focus to do their usual thing just like what they do when market is in good state.


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February 25, 2025, 11:37:48 AM
Last edit: February 25, 2025, 12:24:59 PM by Tmoonz
 #14493

I want to remind all of my fellow plebs in the topic that the Strategic Bitcoin Fund is not priced in. The market would have been more BULLISH than it currently is.

PLUS if you don't read the news, a legacy financial institution will become one of the biggest liquidity providers in cryptocurrencies  because it wants to "bet on President Trump's embrace in the crypto industry".

 HODL

Some people don't look that situation since there are short tempered people think about that they are in danger zone knowing the market is dumping. But if they could just wide up their vision to what will happen in future then this current market downfall will not actually affect their decision to buy and hold Bitcoin.

Its common to see some correction happening and people need to relax then joined with the fud since if they let their selves got caught up then listen to negativity spread by people then possibly that they would also ride the decision made by those crazy people. So aside from continue to HODL in this situation better buy and focus to do their usual thing just like what they do when market is in good state.




There is nothing so different about the market to even say it is a bad condition, is all about the different mindset of that of a trader and an investor with a longer investment timeline, while a trader maybe panicking and investors sees it advantageous of buying more Bitcoin even at cheaper price, Bitcoin has never promise to be going up only, the volatility takes sides ways and that has been the other hence there is nothing happening now that is new, everyone need to define or redefine what they really want from Bitcoin. Keep buying and hold.

 
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February 25, 2025, 12:02:25 PM
 #14494

You are sounding more like a trader to talk about buying at the dip for profit when you are suppose to be building your bitcoin portfolio for the future overtime with regular DCA as a new investor and a low coiner. However, stop loss is useless for long-term investors because they are not selling but only buying and accumulating for long periods of time.

You answered to a nonsense text, generated by ai.
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February 25, 2025, 02:13:21 PM
 #14495

I think we are being tested again by the market with this correction. Some people will see this as a time to fear and panic while some will see it as a period to consolidate on their Bitcoin accumulation by allocating more money into their purchase to make good use of the discounted prices. It is truly a happy time for those who the $100k-ish price took by surprise because now they know that the price can go to such high and stabilize, every correction should be as an opportunity for aggressive buying. This is what I will be doing for as long as the market remain within $90k-ish, I will increase my income allocation from where it is not to somewhere around 40% of my income to help me sit well in my holdings before the market begins to recover. I seriously recommend others think in this direction because this is another great opportunity for all of us to get cheap Sats.

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February 25, 2025, 02:20:36 PM
 #14496

There is nothing so different about the market to even say it is a bad condition, is all about the different mindset of that of a trader and an investor with a longer investment timeline, while a trader maybe panicking and investors sees it advantageous of buying more Bitcoin even at cheaper price, Bitcoin has never promise to be going up only, the volatility takes sides ways and that has been the other hence there is nothing happening now that is new, everyone need to define or redefine what they really want from Bitcoin. Keep buying and hold.
The current situation is a stage where some short-term investors will sell their holdings at a loss, and all other long-term investors will buy more Bitcoin. Those who sell holdings now will regret it in the future, and those who buy more Bitcoin now will benefit more in the future. So overall, in this state of Bitcoin, which kind of decisions you take, that kind of result you will get in the future. I hope that everyone who knows Bitcoin, and believes in Bitcoin completely, will make positive decisions. And buy more bitcoins at this dump.

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February 25, 2025, 02:55:28 PM
 #14497

I want to remind all of my fellow plebs in the topic that the Strategic Bitcoin Fund is not priced in. The market would have been more BULLISH than it currently is.

PLUS if you don't read the news, a legacy financial institution will become one of the biggest liquidity providers in cryptocurrencies  because it wants to "bet on President Trump's embrace in the crypto industry".

 HODL

Some people don't look that situation since there are short tempered people think about that they are in danger zone knowing the market is dumping. But if they could just wide up their vision to what will happen in future then this current market downfall will not actually affect their decision to buy and hold Bitcoin.

Its common to see some correction happening and people need to relax then joined with the fud since if they let their selves got caught up then listen to negativity spread by people then possibly that they would also ride the decision made by those crazy people. So aside from continue to HODL in this situation better buy and focus to do their usual thing just like what they do when market is in good state.
Bitcoin investors who have studied the price of bitcoin from the time it was created until now, I think they will definitely not be worried about the price decline that is currently occurring. Because they know the current price decline is just a small correction to make an even further jump. So the key so that we don't worry about the price decline that occurs in bitcoin is to study and observe the journey of the bitcoin price to get to the point it is today. Because if, for example, you only rely on courage and invest the money you have in bitcoin without first studying the bitcoin price cycle properly, investors like that will definitely feel anxious when a price correction occurs like now. So this is where we have to know what kind of price cycle Bitcoin has, and we also have to know that Bitcoin is currently supported by people who are very influential in this world. So in essence, Bitcoin is an investment asset that has very strong fundamentals. So we don't need to hesitate or be afraid to continue to HODL bitcoin for a long period of time. Because if we succeed in holding Bitcoin for a long time, I'm sure the long wait will be paid off with great satisfaction.

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February 25, 2025, 03:24:24 PM
 #14498

The current situation is a stage where some short-term investors will sell their holdings at a loss, and all other long-term investors will buy more Bitcoin. Those who sell holdings now will regret it in the future, and those who buy more Bitcoin now will benefit more in the future. So overall, in this state of Bitcoin, which kind of decisions you take, that kind of result you will get in the future. I hope that everyone who knows Bitcoin, and believes in Bitcoin completely, will make positive decisions. And buy more bitcoins at this dump.
Success in Bitcoin depends on your patience and holding. Currently the Bitcoin market is down, it is not a matter of panic but it is normal. Those who plan to hold for a long time will not panic, instead they see it as an opportunity to buy at a lower price. Now talking about short term holders, those who wanted to take profit in Bulran in 2025 will think bear market has started, so they may panic and sell. Today, Bitcoin fell to $86k, a good opportunity to buy the dip. Currently the best decision is to buy and hold Bitcoin. I am not focusing on the market at this time, I am looking to the future.

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February 25, 2025, 03:35:23 PM
 #14499

I think we are being tested again by the market with this correction. Some people will see this as a time to fear and panic while some will see it as a period to consolidate on their Bitcoin accumulation by allocating more money into their purchase to make good use of the discounted prices. It is truly a happy time for those who the $100k-ish price took by surprise because now they know that the price can go to such high and stabilize, every correction should be as an opportunity for aggressive buying. This is what I will be doing for as long as the market remain within $90k-ish, I will increase my income allocation from where it is not to somewhere around 40% of my income to help me sit well in my holdings before the market begins to recover. I seriously recommend others think in this direction because this is another great opportunity for all of us to get cheap Sats.
Don't use more than your discretionary income to buy bitcoin aggressively because the price is cheaper, otherwise, you will regret your actions. When your needs come, you will sell the Bitcoin that you bought and who knows if the price will be lower than this. Buying at the dip is for people who are prepared for it. This is why we are using DCA to buy every week, and as long as you are persistent and consistent with accumulating more bitcoin overtime, you will definitely buy at the dip.

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Olatundespo
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February 25, 2025, 04:44:31 PM
 #14500

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.

You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.

Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get.  So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities.  

A guy  can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they  might choose).
Why many people value the DCA strategy more compared to others is because every class of investors can do the DCA but not every one can lump sum, like he said, he can decide to invest $1m for a full year and someone who invests $10k won't make more profits than him that's true but come to think of it, the number of people that can invest that heavily at once are far more lesser than those who can't moreover the majority who are not that wealthy would rather go for the DCA and that's why it may seem as though the DCA is more popular and mostly used by investors compared to others.

 You're right Jay, even though someone starts with a lump sum at the beginning of their investment they'll definitely switch to the DCA with time and still lump sum when opportunity arises, let's take Saylor for instance he has enough cash to just buy at once and hodl for the year but he still does the DCA and at some point was even buying daily, the DCA gives an opportunity to buy at a cheaper price on different intervals without waiting for the dip to occur, that another advantage it has compared other strategies.
All method of buying bitcoin can be used by anybody i don't see anything such as some class can't buy bitcoin using the lump sum method even though the dca is mostly used doesn't mean low coiner can't still buy or low income earners can't still buy using the lump sum method, sometimes most low coiner do buy bitcoin with the lump sum when big money they may not expect comes there way they may lump sum, lump sum is not just for one class of people.
The dollar cost averaging method dca doesn't even give you an opportunity to buy bitcoin at cheaper price but with it you can be buying little fraction of bitcoin with your discretion income either every weeks or months without considering if the price of bitcoin is high or low, using the dollar cost averaging method doesn't mean you will buy bitcoin very cheap it's not true.
DCAing is a simple and easy method of acumulation Bitcoin that allows you to save continuously in line with your income. Regardless of the price, your main goal should be to save Bitcoin for the long term. Regardless of the low price and high price during your current period it is recommended that you save Bitcoin regularly so that you can have a decent portfolio. As a result of collecting different prices, the unit price of Bitcoin will go down periodically and if its value increases you will continue to profit more. Due to the volatile price of Bitcoin, the DCA method may be the most profitable investment method for you but it will also keep you moving through the long-term cycles.

If you have sufficient cash flow or have floating cash, you can buy a single and this is a best decision but for new investors you should accumulation Bitcoin through DCA and take advantage of the lump sum buying during bearish.

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