Buy the DIP, and HODL!

[Greyhats]

Time for my last update this year

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

06 Sep $52,546
10 Oct $58,867
05 Nov $66,798


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Sep $53,684 (DCA)
Oct $59,197 (DCA)
Nov $87,972 (DCA)

Keep stacking :-)

<snippage>

First update of the year w00tin' & t00tin' into 2025. I wrapped up 2024 and had over-accumulated my target. I decided to keep going until Dec 2026, I fixed my budget for 2025 and have a loose one planned for 2026.  I will be continuing DCA as main accumulation strategy and some dip buying along the way.

Market lowest Dip prices (Bitstamp USD$ prices on the daily chart)

30 Dec $91,315
13 Jan $81,964
28 Feb $78,197


From my own DCA & purchase data, looking at the lowest cost price around/near/on those dates I got corn at these prices:

Dec $95,808 (DCA)
Jan $91,584 (DCA)
Feb $79,689 (DIP)

Keep stacking :-)

 

[Mr Reporter]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

Well there is no best time to buy BITCOIN than this time, i will frist when buying you need  to no the market then before making a decision do your own research and itconsider your own risk remember it is also essential know that never invest more than what you can afford to lost, and as a newbie make sure you take advantage of  this DCA strategy which will help you to understand the accumulating process of BITCOIN using your own affordable price.

[ultrloa]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

[JayJuanGee]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

Yes, you should start your bitcoin investment right away if your extra cash available. When I mean your extra cash no matter how little it's what matters is that you get started since you don't have any bitcoin. It's better to be a low coiner than a no coiner. I mean to your discretionary income Which is the left over money after you have set aside the money for your monthly expenses needs. You use part of your discretionary income, the amount that you can use to be buying bitcoin every time you get paid and it wouldn't affect you.

The DCA method is best for you as a brand investor because it enables you increase your bitcoin bit by bit with your regular weekly DCA buying. If you continue like buying consistently and persistently without missing anytime for 4-10 years and above, and take your bitcoin accumulation as your priority. You will be surprised at the size of bitcoin that you have accumulated.

Setting up an emergency funds as you have started your bitcoin investment is very important because it's a going to be a backup funds to your bitcoin investment, so that when an unforeseen circumstances occurs, you can use your emergency funds to take care of it. You can share your discretionary income into two, use one part to build your bitcoin investment every week regularly and also use the other part to build your emergency funds of at least three months of your monthly income.

I think that this is correct - For @Viktor winer to get started right away within his discretionary income, and if the first questions of uncertainty have to do with how to buy coins and how to store the coins, then of course, he has to go through the process of figuring out from where he is going to be sourcing his bitcoin (is it an online exchange or somewhere else?), and then perhaps if he starts out buying $10 per week, then after a certain amount of time, h  is likely going to want to move those bitcoin to his own self-custody. 

Viktor winer can learn by doing and become more and more comfortable by setting up and maybe figuring out various ways to source his coins and by going through the process of doing..  As he becomes more comfortable, then he can  increase the amount of bitcoin that he is buying on a weekly basis.   

It is likely that if he is ONLY able to buy small amounts of bitcoin, then he may well have to just continue buying for 4 years or more and then to reassess at various points along the way and to continue to learn and to figure that if he does not know and he is not comfortable, then  he has to figure that he has  to keep on learning, and do not get worried about short term prices.  It can take a while to get comfortable with bitcoin, yet no one is going to tell him what he needs to learn,  and he has to learn his own balances and figure out the extent  to which bitcoin is a good place to put money as compared to other places that he can put time, energy and money, and no one is going to feel sorry for him if he fails/refuses to take action.   He is responsible for his own actions or his failure to act in regards to bitcoin, and also he should be trying to customize his buying of bitcoin  to his  own 9 individual factors.

If Viktor winer is are sure whether he is a long term investor or a short-term investor into bitcoin (perhaps a trader if he is not even able to commit to 4 years or more), then he has to figure out those kinds of balancing of timeline matters.  Many of the regular bitcoiners suggest not fucking around with trying to trade bitcoin, and instead just plan on continuing to buy bitcoin for 4 years or more.  And Viktor winer has to figure out his own comfort levels, including  his budget and figuring out if he is able to  front load investing into bitcoin, or to merely draw available discretionary income as it comes available on a weekly basis or whatever frequency he is going to be able to buy bitcoin. 

And like Ruttoshi said, getting started is amongst the most important of paths for any no coiner as well as continuing to accumulate bitcoin through buying on a regular basis is one of the most important of paths for low coiners.

[Mayor of ogba]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

As someone who is new to bitcoin investment or someone who wants to start investing in bitcoin, you don't need to start investing in bitcoin when a dip happens; you can start investing or accumulating bitcoin anytime you feel ready to invest in bitcoin or anytime your accumulation money is readily available without waiting for any dip, and since you are a low coiner, it is best for you to adopt the DCA strategy when you want to start your bitcoin investment so that it will give you the advantage of always accumulating bitcoin anytime your accumulation money is readily available, which can help you maximize your bitcoin portfolio. I know you are still new to bitcoin, and you are still in your learning process to understand how bitcoin works, but I want you to know that there's no better time to invest in bitcoin, and if you are trying to figure out the right time to invest in bitcoin, that means you are waiting for an entry point, which is not a good strategy because it will limit you from accumulating bitcoin consistently. The best time to accumulate bitcoin is when your accumulation money is readily available, and you use it right away to accumulate bitcoin with the DCA strategy.

[Viktor winer]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

[Zackz5000]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

This is one of the thread that will enlighten you on how to go about on your Bitcoin accumulation journey I will advise to to get started immediately if you have your discretionary income readily available to avoid further procastination of not investing at all and later regret at the end for not accumulating Bitcoin when the opportunity was there, investing in Bitcoin is simply and as a new investor who just want to start the DCA strategy will be suitable for to use because with you can be accumulating Bitcoin little by little even the price is high or low you can still by accumulating with your DCA strategy either every weeks or every months and HODL your Bitcoin for a very long time 4-10 and more.

[cryptoWODL]

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

I think If you try, you will definitely learn because people can do everything if they try. In fact, those who do not have enough knowledge can choose this strategy first to start investing. First of all to know about this technique, notice the definition here, using the DCA strategy to purchase a fraction of Bitcoin instead of purchasing a large amount of bitcoin, and the purpose of this strategy is to buy each of us regularly Bitcoin. But of course, be sure to keep Bitcoin investment in the long term and it is necessary to make sure that you will purchase Bitcoin on a weekly or monthly basis i.e continuously.

These two articles may be helpful for you to initially gain some knowledge about DCA.

• Dollar-Cost Averaging (DCA) Explained With Examples and Considerations
• Using a Dollar-Cost Averaging (DCA) Strategy

[Popkon6]

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

There is no fear in investing in Bitcoin, you can invest without fear, because Bitcoin is a trusted coin where there are investors from almost every country. Not only you, there are investors from small to very large, if you look at the pages of history at the present time, you can see different countries and nations investing in Bitcoin.
Those who have money are buying deep, and those who have a small amount of money like you want to invest in Bitcoin are holding Bitcoin in this DCA method and that for a long time.
If you are afraid of investing in Bitcoin, then you can definitely follow these countries, El Salvador is https://cryptobriefing.com/el-salvador-bitcoin-purchase-amid-dip/taking loans and taking 1 Bitcoin every day.
They bought five Bitcoins together on Monday night by taking a loan from the IMF. And you can see that someone from MicroStrategy has about half a million Bitcoins.

[Viktor winer]

Thanks to you all i have heard your opinion I have read some some pages in this thread and I have been able to understand how to go about with my bitcoin investment there is no need waiting longer to avoid procrastinating I already have money that I kept for this investment which is my discretionary income with some emergency funds too because surely I know that man will face some unseen issue so I have already prepared for that because I will be investing for a long time and also adopt the DCA strategy since it will make me to be accumulating bitcoin at regular intervals consistently as a new investor irrespective of bitcoin price, am starting my bitcoin investment already.
Thank you all i really appreciate.

[Tmoonz]

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

There is no fear in investing in Bitcoin, you can invest without fear, because Bitcoin is a trusted coin where there are investors from almost every country. Not only you, there are investors from small to very large, if you look at the pages of history at the present time, you can see different countries and nations investing in Bitcoin.
Those who have money are buying deep, and those who have a small amount of money like you want to invest in Bitcoin are holding Bitcoin in this DCA method and that for a long time.
If you are afraid of investing in Bitcoin, then you can definitely follow these countries, El Salvador is https://cryptobriefing.com/el-salvador-bitcoin-purchase-amid-dip/taking loans and taking 1 Bitcoin every day.
They bought five Bitcoins together on Monday night by taking a loan from the IMF. And you can see that someone from MicroStrategy has about half a million Bitcoins.

I don't think those illustration you gave might be necessary for a newbie investor more especially that aspect of taking loan and that of microstrategy, it can lead them to think it is ok to take loan and invest in Bitcoin or that they needed a bigger amount to invest which is wrong, I understood your point but for a newbie such illustration it can be misleading, Bitcoin gave everyone equal opportunity of investing just within their financial circumstances, a newbie that is entertaining some fear or probably being skeptical about it, one of the best advice would be that he should consider working on his position size to a lower percentage to enable him leave off as a no coiner and become a coiner even he has more while getting to understand the environment better he can increase it, this is the kind advice I will prefer we give to newbies.

[Derekfunds]

Thanks to you all i have heard your opinion I have read some some pages in this thread and I have been able to understand how to go about with my bitcoin investment there is no need waiting longer to avoid procrastinating I already have money that I kept for this investment which is my discretionary income with some emergency funds too because surely I know that man will face some unseen issue so I have already prepared for that because I will be investing for a long time and also adopt the DCA strategy since it will make me to be accumulating bitcoin at regular intervals consistently as a new investor irrespective of bitcoin price, am starting my bitcoin investment already.
Thank you all i really appreciate.

Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

[Mayor of ogba]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

With the way you are asking questions to get a clear understanding about bitcoin investment before you can start investing in bitcoin, it shows that you are determined to invest your money into bitcoin, but I want you to understand that you can actually start your bitcoin investment without knowing everything about bitcoin. Instead of wanting to know everything about bitcoin before you can invest in bitcoin, if you just know the basics about bitcoin and you have a steady income, you are in a good position to start your bitcoin investment, and alongside your accumulation process, you can keep on learning about bitcoin to totally understand bitcoin and how bitcoin investment works. The DCA strategy is the process of accumulating bitcoin little by little with your discretionary income either on a weekly or monthly basis. I can see some useful links that are shared with you, which will help you get a broad knowledge about the DCA strategy, but I want you to understand that it's not compulsory that your DCA money must be a fixed amount so that you will not try to maintain a fixed amount whenever you want to accumulate bitcoin and put yourself in the position where you will struggle to sort out your daily expenses because some of the links that are shared with you will tell you to use a fixed amount when accumulating bitcoin with the DCA strategy. The best way to invest in bitcoin with the DCA strategy is if you are being paid $100 as your monthly salary before you invest in bitcoin, you have to sort out all your expenses for that month, and the leftover money is what you will use to invest in bitcoin so that you will not find it difficult to hold your bitcoin for the long term.

[Gost ms]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

If you do not have the right idea of ​​investing in Bitcoin, then this is not the best time for you. There are several reasons such as: stable income, investment time limit, emergency fund, etc.

If you do not have a stable income, then you will be out of investment within a few days. Because you will invest for a long time, you will be able to take profit from here after a certain time. If you do not have a stable income, you will not be able to deposit Bitcoin. First of all, you have to find a source of a stable income.

In terms of investment, always try to keep the investment time limit to 3-5 circles. This reduces the risk of losing your money to a great extent.

Emergency fund is very important. When you invest for the long term, you also need to create an emergency fund. Because in case of unexpected financial disasters, the emergency fund will be your shield. Try to keep 3 times your stable income in an emergency fund.

Anytime is the best time to deposit Bitcoin. Because Bitcoin's target is very big. You can deposit Bitcoin at any time by adopting the DCA method.

[iamsange]

---

Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

[lizarder]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?  

I think this is a common question that has been answered by most people but I want to try to ask you again. Can you buy bitcoin after or before the crash? The simple answer may not be difficult because I am sure most people already have the answer to that question. How strong your intention is to invest, that is how big the opportunity you can take to fulfill the investment to the maximum.

If in the end you have the ability to run investments regularly even though you have a small capital, then it is much better than people who have a lot of money but do not have the ability to see the potential in bitcoin and that is a big loss. For the problem of experience and knowledge, I think you already know what to do and now it is easy to overcome if you have the intention to start.

[SOKO-DEKE]

Thanks to you all i have heard your opinion I have read some some pages in this thread and I have been able to understand how to go about with my bitcoin investment there is no need waiting longer to avoid procrastinating I already have money that I kept for this investment which is my discretionary income with some emergency funds too because surely I know that man will face some unseen issue so I have already prepared for that because I will be investing for a long time and also adopt the DCA strategy since it will make me to be accumulating bitcoin at regular intervals consistently as a new investor irrespective of bitcoin price, am starting my bitcoin investment already.
Thank you all i really appreciate.

Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Yes, they may be those who knew about bitcoin since while, but they are yet to invest in it, but I can't confidently say that there are some people who may have good knowledge about this bitcoin but they are yet to invest. One thing about bitcoin is that once someone understands how it works, someone will surely want to invest. For anyone we may see, they understand bitcoin, and they don't have a fraction of bitcoin in their wallets; they may have a very tangible reason for that. It is really sweet to invest in bitcoin, especially when someone understands how bitcoin works; someone will easily get convinced and have confidence in investing in bitcoin.

As you have said, emergency funds are very important in a bitcoin journey. Having emergency funds makes the bitcoin investment journey so easy because with emergency funds, it will not make someone to make attempt to sell it bitcoin investment even if something comes up in the future, but not having those emergency funds can be a disturbance to someone in an investment, having that emergency can even give some more courage to hold bitcoin for a very long time.

[Gallar]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

If you want to invest in bitcoin, of course you must first learn how to do it step by step so that your bitcoin investment goes well.

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

Then after you can practice it, then you learn the buying strategy. One of them as said by ultrloa is the DCA strategy. DCA is indeed a very effective buying strategy and is widely used by bitcoin investors. So if you are interested in learning this strategy, then learn it. Because in my personal opinion, the DCA strategy really doesn't make us dizzy. Because we don't really need to look at the price when buying bitcoin with this DCA strategy. So this strategy will definitely be very suitable for those of you who are still beginners. Also, don't forget to learn about risk, because in any case, investing in bitcoin also has risks, even though they are small. So you still have to learn about risk management, such as only investing using cold money.

[Ricardo11]

---

Understanding how to go about Bitcoin investment is one thing and doing it I mean putting work to it also another thing because there are a lot of people out there that knows how to go about Bitcoin investment but yet they don't have any reasonable fraction of Bitcoin in their portfolio. Yea keeping your discretionary, emergency and back up funds are very necessary in Bitcoin investment because those are things the will aid a good investment if everything other thing are put in place. I wish you good luck on your investment and don't always be in a rush before you get yourself messed up.

Everything that concerns ourselves and our own lives must always have continuity as a whole so that every job we do can continue to run smoothly, especially if the job has a target that is not short like in Bitcoin investment which most people often apply for the long term. So to support it to run smoothly on the path we are currently on, of course everyone must have a reserve fund, emergency fund, and discretionary fund for their own life so as not to interfere with the funds that will be placed into Bitcoin investment at the same time.

But this issue is not given much importance by investors at first. They start investing first, but it is very important to prepare a reserve fund within 3 to 4 months during the investment, but they ignore this issue, due to which they face uncertainty of financial balance in the future. Any unwanted situation can come in our life at any time, but to deal with that dangerous situation, preparations should be taken from the beginning. And for this, there is no alternative to an emergency fund.

[Ruttoshi]

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

If you want to invest in bitcoin, of course you must first learn how to do it step by step so that your bitcoin investment goes well.

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

A brand new investor like Victor winer does not need to learn about wallet first before starting his bitcoin investment, because it's not part of the basic knowledge of bitcoin. Wallet can ne very technical for a brand new investor to understand and to know the best wallet that is safe for him. It will be a waste of time because he can get started into investing in bitcoin and learn about the wallet he feels is best safe for self custody to him.

However, as a new investor who is using DCA method to accumulate bitcoin, he needs to buy his bitcoin every week and keep it in an exchange for the amount to accumulate up to $500 and above before he should transfer to his self custody wallet in order to avoid to many small small UTXO in future, so that those small UTXO don't end up eating all his profits in future when transaction fees are very high.

Getting started and learning more about bitcoin while you are investing is the best way to go about investing in bitcoin as a no coiner since you are investing in a long-term. As you are DCAing, you're learning at the same time.