Buy the DIP, and HODL!

[ginsan]

if $10 is what you can start with, there's no point getting discouraged to start with that amount. Starting small is better than waiting till you can invest $100. someone who started investing with $10 a week can within a year get to a point where the least he invests in will be $100. it is not how small one starts but how far one is ready to keep going.

if you continue to say that investing $10 every week will only yield $40 a month and $480 a year, the spark to get started will die off gradually. all hands are not equal, if what you can afford is $10, just buy and don't feel bad even though others are talking about investing $500 a week. should you steal because you want to invest? do where your hand can get to and work on improving your investment.

Don't despise the day of your little beginning.

It seems not much different from what I said before, I mean we can invest with our discretionary income every week, It's not too difficult to implement but they think too long that there is a prolonged delay.

Apart from that I think they still haven't been able to take advantage of the many opportunities they have had since the beginning, Even over time Bitcoin has been adopted by many state institutions and the popularity of bitcoin has grown with countries continuing to buy bitcoin.

For that, start with money that is not used for other purposes in investing in bitcoin, because bitcoin investment is better if carried out for a longer period of time. Even though starting with $10 or $100 is certainly not a problem because perfection in investment of course we do not miss purchases every week.

[Muba20]

 

$10 constant investment will amount to little in the long run and almost a messy way to start up a bitcoin investment, I think also that for anyone to arrive at a successful investment position one needs to be aggressive a bit, at least that will help us to be able to take some aggressive financial decisions that can help us to arrive at a good investment position faster.


Investing a low amount like $10 as mentioned by members sounds like a joke considering Bitcoin's current value.

Well to me I don't really see any thing wrong with that, starting with $10 if that amount is one's discretionary income since it is not advisable to invest money that will be needing for our daily expenses into bitcoin so instead of waiting for our discretionary income to increase while we are a no coiner or a low coiner starting with $10 discretionary income won't be a bad idea.one can be accumulating bitcoin with $10 and at the same time while working on increasing his discretionary income .

To me $10 is very small to be using in Bitcoin investment but it now depends on how an investor is using in accumulating Bitcoin, since $10 in very small to be used I think any investor who still wants to use it should be accumulating in every week at least to make the investment look serious because if an investor chooses to use $10 and he is accumulating monthly then his portfolio will be very poor and not encouraging, just imagine an investor having a total yearly accumulation of $120 is very poor.

The investor will make regular investments depending on his financial capacity. If those with low incomes deposit $10 weekly on a regular basis, they can deposit $520 a year. In this way, if they can hold on for 4-10 years or more, it is possible to build a large portfolio of Bitcoin according to their investment. Similarly, those who with better financial conditions can keep a little more money, which will enable them to hold more Bitcoin in the long term. The main thing is that if you continue to deposit Bitcoin firmly according to your financial situation and the potential of Bitcoin, then it is definitely possible to reach the goal. Bitcoin does not guarantee profit to an investor. But those who do DCA for a long time based on its potential are more likely to profit. DCA not only strengthens an investor's Bitcoin portfolio, but also gives an investor the opportunity to buy at a relatively low price even in a high volatility.

[MusaPk]

At first before going into bitcoin investment you have to be prepared for any thing and same time try to make best of it too, by having a nice bitcoin stash , accumulating as much as you can as the price is cheaper now . While bother yourself with price movement while you haven’t gotten anywhere with your accumulation, and you won’t be able to secure a better return if you don’t have enough bitcoin stash .

The issue most people are having is that they are taken bitcoin investment as trading , buying when the price low and selling when the price  thinking they can benefit more with such means which is wrong Aslong is bitcoin the best thing to do is focus on long term in that way you be able to have enough time to build something beautiful in it .

Those who invest in Bitcoin for short term or think that Bitcoin is about buying on dip and selling when it goes high should spend some time exploring https://dcacryptocalculator.com/bitcoin to see what's the result of investing in Bitcoin for long term. Below are results of investing 10$ per week for five years starting from 20 March 2020 to current date. I have calculated and posted such scenarios many times and results are always jaw dropping. If one is investing for such long duration then there will be time when he has extra cash which he can invest and that can increase the ROI to further high levels.

https://dcacryptocalculator.com/bitcoin

[Findingnemo]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

[Derekfunds]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

[Proty]

[

To me $10 is very small to be using in Bitcoin investment but it now depends on how an investor is using in accumulating Bitcoin, since $10 in very small to be used I think any investor who still wants to use it should be accumulating in every week at least to make the investment look serious because if an investor chooses to use $10 and he is accumulating monthly then his portfolio will be very poor and not encouraging, just imagine an investor having a total yearly accumulation of $120 is very poor.

The fact that an investor is doing DCA monthly with $10 does not mean the investor is restricted from employing other strategies whenever an extra cash arises so you shouldn't forget that an investor can only put his disscrettion into bitcoin. An investor can be doing his monthly DCA and still lump sum or even buy the dips and Moreover some new investors may decide to start accumulating with low amount and as times goes by increase the amount.I would not encourage any newbie to be waiting for there discretionary income to increase before they start accumulating bitcoin like the saying goes a journey of a thousands miles begins with a single step.so a no coiner should focus more on continuous accumulation of bitcoin using DCA strategy and can front load his investment whenever the discretion arises .

[SOKO-DEKE]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

You have made some valid points, but I like to add some some few words. Whether lump sum or DCA is best it really depends on individual circumstances. Lump sum investing can be advantageous for those who can afford it and are willing to take the risk, as it allows for full market exposure right away. However, DCA is undoubtedly more accessible and flexible, especially for those who want to minimize risk and steadily build their portfolio over time.

As for selling at a high, I agree that the  Long term holders with substantial investments may sell to realize profits or rebalance their portfolio, which can be a strategic move. On the other hand, for those with smaller holdings, the focus should ideally be on accumulating more Bitcoin rather than selling prematurely.

[reefsea]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

Of course not everyone has an Income of over $5k every month, Even many of us have an income below $1k every month. But if you have a good investment plan, Of course it's only a matter of time for them to achieve ownership of 1 bitcoin. What should be underlined is that the desire to invest must be within us.

[Su-asa]

Almost anyone should be able to figure out whether they have an extra $10 or not.  If they cannot figure it out, then they have to figure it out...so once they figure out that they have an extra $10 they can get started, and they can sort out the other aspects of their potentially messy finances and/or psychology as they go.  Position size can do a lot in terms of both starting out and also not overdoing it so that there are abilities to figure out an appropriate level of aggressiveness.  I would thing that most people are going to start out investing into bitcoin in a non-aggressive way and work their way up towards being more aggressive, unless they happen to already have a pretty good grasp on their finances and they can understand and appreciate the strength of bitcoin's investment thesis from the start.

$10 constant investment will amount to little in the long run and almost a messy way to start up a bitcoin investment, I think also that for anyone to arrive at a successful investment position one needs to be aggressive a bit, at least that will help us to be able to take some aggressive financial decisions that can help us to arrive at a good investment position faster.

Investing a low amount like $10 as mentioned by members sounds like a joke considering Bitcoin's current value.

Surely, I am making a point about getting started and also about being reasonable. When a person is getting started he will likely not know very much, so he has to pick a starting entry level amount, and surely $10 does not seem like much, but it can still be used to suggest that almost any random person who we might pick off of the street should be able to figure out on the fly whether they have an extra $10 to get started.  Sure for some people they have a lot more money at their disposal, yet a certain number of guys still have some troubles with even getting started with putting $10 per week into bitcoin.

Some beginners do not have any idea on Bitcoin investment or any strategy they can use to accumulate Bitcoin in to their portfolio during the month but they still choose to get started cause they believe that the earlier they start investing on Bitcoin the earlier they also get knowledge about Bitcoin and the kind of strategy they could use to keep on accumulating more Bitcoin. However at first they may think to invest little amount but as time goes and they begin to understand the process of Bitcoin investment, they might decide to increase the amount they are investing on Bitcoin (many from $10 to $50 weekly). Weekly Bitcoin investment is kind of better than monthly investment but it depends if the investor is getting money every week.

[G_Besar]

Well to me I don't really see any thing wrong with that, starting with $10 if that amount is one's discretionary income since it is not advisable to invest money that will be needing for our daily expenses into bitcoin so instead of waiting for our discretionary income to increase while we are a no coiner or a low coiner starting with $10 discretionary income won't be a bad idea.one can be accumulating bitcoin with $10 and at the same time while working on increasing his discretionary income .

Trying to run an investment with a fund of $10 is clearly okay as long as it can be done routinely every week by the person running it and it can also be considered as a form of his own business that he started from small to become more when it has been collected slowly through the $10. Because the goal itself is to buy Bitcoin with the existing level of ability and it will also become more over time so there is nothing wrong with that because a better investment method is when someone wants to do it comfortably without sacrificing anything to himself except for capital and time.

But I have also seen someone who tries to collect money to become more before he uses it to buy Bitcoin. The only downside to this method is when the price of Bitcoin starts to increase and he still hasn't bought it, so it can also be a loss for him because he has delayed buying because of the amount of money that has not been collected as he wanted.

[Mr Reporter]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

I agree with you on this facts about some suitability of investment strategy from my own perspective the DCA is concerned a more convenient and also know to be an accessible strategy to accumulate bitcoin it is allowed  for any investment and at any financial capabilities are allowed it also suitable for everyone indifferent of your financial status.
Well the DCA over lump sum investing, such as reducing timing risk and it makes the investment more manageable for those with financial limitations.

[JayJuanGee]

Almost anyone should be able to figure out whether they have an extra $10 or not.  If they cannot figure it out, then they have to figure it out...so once they figure out that they have an extra $10 they can get started, and they can sort out the other aspects of their potentially messy finances and/or psychology as they go.  Position size can do a lot in terms of both starting out and also not overdoing it so that there are abilities to figure out an appropriate level of aggressiveness.  I would thing that most people are going to start out investing into bitcoin in a non-aggressive way and work their way up towards being more aggressive, unless they happen to already have a pretty good grasp on their finances and they can understand and appreciate the strength of bitcoin's investment thesis from the start.

$10 constant investment will amount to little in the long run and almost a messy way to start up a bitcoin investment, I think also that for anyone to arrive at a successful investment position one needs to be aggressive a bit, at least that will help us to be able to take some aggressive financial decisions that can help us to arrive at a good investment position faster.

Investing a low amount like $10 as mentioned by members sounds like a joke considering Bitcoin's current value.

Surely, I am making a point about getting started and also about being reasonable. When a person is getting started he will likely not know very much, so he has to pick a starting entry level amount, and surely $10 does not seem like much, but it can still be used to suggest that almost any random person who we might pick off of the street should be able to figure out on the fly whether they have an extra $10 to get started.  Sure for some people they have a lot more money at their disposal, yet a certain number of guys still have some troubles with even getting started with putting $10 per week into bitcoin.

Some beginners do not have any idea on Bitcoin investment or any strategy they can use to accumulate Bitcoin in to their portfolio during the month but they still choose to get started cause they believe that the earlier they start investing on Bitcoin the earlier they also get knowledge about Bitcoin and the kind of strategy they could use to keep on accumulating more Bitcoin. However at first they may think to invest little amount but as time goes and they begin to understand the process of Bitcoin investment, they might decide to increase the amount they are investing on Bitcoin (many from $10 to $50 weekly). Weekly Bitcoin investment is kind of better than monthly investment but it depends if the investor is getting money every week.

We are likely saying similar things, since there is one aspect of bitcoin investment that revolves around getting started and putting systems into place in which a person is getting used to buying bitcoin on a weekly basis (or whatever other frequency of buying that might be employed).  When he first gets started buying bitcoin, he might ONLY have some general ideas about how much money that he has available for buying bitcoin, and he might even question his level of conviction in regards to investing into bitcoin, yet he might appreciate that he needs to both get started and to look into bitcoin more.

Ultimately, it seems to me that the deliberate and organized of the bitcoin investors are going to have systems in place to attempt to account for their 9 individual factors and even to reassess their 9 individual factors from time to time.  Of course, if a person has been investing into bitcoin for more than 1 or 2 cycles, they might not have to really consciously treat their 9 individual factors since they already have systems in place in which they are accounting for their 9 individual factors (and making adjustments from time to time).

Once a person get's past his very initial stages of starting to buy bitcoin, and figuring out how to source his bitcoin and maybe even figuring out the extent to which he is going to be putting some or most of his coins in private wallets, he is also likely in the process of making sure that he has various strong cashflow management systems (and back up funds) in place, and realizing that he might not have had needed various back up funds prior towards getting involved in bitcoin, and realizing that back up funds are more important in bitcoin because bitcoin is so volatile and he should not want to have to sell any of his bitcoin at a time that is anything other than his own choosing.

If the guy starts out investing somewhat conservative into bitcoin, then he will also realize that the more aggressive that he becomes in his bitcoin accumulation tactics, then the more likely that he is going to have to assure that his various cashflow management systems are strong, organized and he is able to account for his level of aggressiveness - including that he is not devolving into gambling techniques or overly putting his bitcoin at risk, and hopefully mostly steering away from trading bitcoin and/or shitcoining.  The guy's practices likely need to be tailored to his personal circumstances (finances and psychology), and yes he might end up making mistakes from time to time, and yes, he might even sometimes have doubts about his goals or how to consider his goals and/or his targets so he might have to adjust from time to time, while also carrying out his regular life in which he might question if there might be ways that he can increase his income and/or decrease his expenses.

So yeah starting out with $10 a week might end up changing quite drastically, and if the guy already has bitcoin buying systems in place, he may well recognize that sometimes when he receives extra pay (or maybe even some lump sum payments), then he could consider allocating that money into bitcoin and to consider accumulating with that extra money through DCA, lump sum and/or buying the dip.  It seems more likely that the guy might start out more whimpy and turn more aggressive, yet he also might start out more aggressive than he should, and then realize that he needs to temper down his approach to make his bitcoin buying techniques more sound and/or reasonable and less likely to either cause him emotional distress or even having him run the risk of losing money if he ends up spending from money to buy bitcoin that he actually needs to cover his expenses.

Well to me I don't really see any thing wrong with that, starting with $10 if that amount is one's discretionary income since it is not advisable to invest money that will be needing for our daily expenses into bitcoin so instead of waiting for our discretionary income to increase while we are a no coiner or a low coiner starting with $10 discretionary income won't be a bad idea.one can be accumulating bitcoin with $10 and at the same time while working on increasing his discretionary income .

Trying to run an investment with a fund of $10 is clearly okay as long as it can be done routinely every week by the person running it and it can also be considered as a form of his own business that he started from small to become more when it has been collected slowly through the $10. Because the goal itself is to buy Bitcoin with the existing level of ability and it will also become more over time so there is nothing wrong with that because a better investment method is when someone wants to do it comfortably without sacrificing anything to himself except for capital and time.

Historically, there have been quite a few folks who invested into bitcoin quite whimpily, and they still ended up profiting stupendously, yet perhaps having regrets that they had been overly whimpy in their bitcoin investment practices.. but then they still have to live with the consequences, and maybe even learn a lesson to invest into bitcoin more aggressively, if they consider that they still want to build their bitcoin holdings.

But I have also seen someone who tries to collect money to become more before he uses it to buy Bitcoin. The only downside to this method is when the price of Bitcoin starts to increase and he still hasn't bought it, so it can also be a loss for him because he has delayed buying because of the amount of money that has not been collected as he wanted.

Sure there are guys that build up funds for buying on dips, and then they likely end up getting too greedy and letting their buy on dip fund become too large, and then they feel regrets if they had not deployed some of that money to buy on dips.

It seems that each of us could put systems into place in which we can actually make sure that we are buying bitcoin regularly and not letting our buy on dip funds get too large because we are unnecessarily getting greedy and not actually realizing the negative side of our holding so much value in dollars that we probably should have some of it, if not all of it in bitcoin rather than sitting on the sidelines waiting for dips that might not end up happening.

[Findingnemo]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

I am just stating the facts here, if you got lump sum that you can use it to buy 1 bitcoin then it doesn't make sense to divide that money into the DCA strategy. If you followed my post you can see DCA is the effective method to accumulate bitcoin when someone is can't afford to buy bitcoin in whole can use this method to accomplish their goal.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

You misunderstood my point, I am not saying retail investors should not invest rather I am just stating the facts of the benefits that DCA gives access to them to reach their goal whether it owning 1 bitcoin or whatever the amount is.

Let's see if someone with $1K of income wanted to own 1 bitcoin which I won't say impossible but it's bit out of the reach because assume they can save 30% of their salary for bitcoin investment which is effectively $300 which means it will take them 283 months to own 1 bitcoin if the price of bitcoin just stay in the 85K until they accumulate 1 whole bitcoin.

[As-Soon-As]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

Of course not everyone has an Income of over $5k every month, Even many of us have an income below $1k every month. But if you have a good investment plan, Of course it's only a matter of time for them to achieve ownership of 1 bitcoin. What should be underlined is that the desire to invest must be within us.

We can accumulate not just one Bitcoin but more Bitcoins if we can follow the DCA method for a long time, your investment level and your DCA strategy will allow you to accumulate Bitcoin investments for a long time. Because no matter how much money your investment amounts to, if you continue to hold it regularly on a weekly basis, the longer you hold it, the more Bitcoins you will accumulate.
 If an investor invests $200 to $400 weekly, after 10 to 15 years, his investment will take on a very large portfolio. Then we will not only target to accumulate one Bitcoin, our target should be to follow the Bitcoin DCA method for a long time and maintain the investment.

[Rabata]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

Of course not everyone has an Income of over $5k every month, Even many of us have an income below $1k every month. But if you have a good investment plan, Of course it's only a matter of time for them to achieve ownership of 1 bitcoin. What should be underlined is that the desire to invest must be within us.

We can accumulate not just one Bitcoin but more Bitcoins if we can follow the DCA method for a long time, your investment level and your DCA strategy will allow you to accumulate Bitcoin investments for a long time. Because no matter how much money your investment amounts to, if you continue to hold it regularly on a weekly basis, the longer you hold it, the more Bitcoins you will accumulate.
 If an investor invests $200 to $400 weekly, after 10 to 15 years, his investment will take on a very large portfolio. Then we will not only target to accumulate one Bitcoin, our target should be to follow the Bitcoin DCA method for a long time and maintain the investment.

How much Bitcoin a person should accumulate will depend on their income. If they have a high discretionary income, they can keep more money, and if they do not have a high income, they cannot do so even if they want . The more Bitcoin an investor can hold, the more profitable they will be in the long run. Bitcoin does not guarantee profit, but those whose holdings are large will have a higher chance of profit if they reach their desired goal. Those who can gain a good Bitcoin knowledge will be able to hold more Bitcoin if they wish. However, the investor must realize the benefits of holding Bitcoin in advance. There are some investors who can afford to invest $150 per week but instead are depositing $100. If they had a clear idea about Bitcoin, they would have certainly been able to increase the amount of Bitcoin according to their ability.

[JayJuanGee]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

I am just stating the facts here, if you got lump sum that you can use it to buy 1 bitcoin then it doesn't make sense to divide that money into the DCA strategy. If you followed my post you can see DCA is the effective method to accumulate bitcoin when someone is can't afford to buy bitcoin in whole can use this method to accomplish their goal.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

You misunderstood my point, I am not saying retail investors should not invest rather I am just stating the facts of the benefits that DCA gives access to them to reach their goal whether it owning 1 bitcoin or whatever the amount is.

Let's see if someone with $1K of income wanted to own 1 bitcoin which I won't say impossible but it's bit out of the reach because assume they can save 30% of their salary for bitcoin investment which is effectively $300 which means it will take them 283 months to own 1 bitcoin if the price of bitcoin just stay in the 85K until they accumulate 1 whole bitcoin.

The accumulation of 1 bitcoin is out of reach for many normal folks, and even in the last year or so, I had frequently been suggesting that even starting right away, investing $100 per week was not likely to reach 1 bitcoin even after 10 years of disciplined buying of BTC (that would be $5,200 per year and $52,000 after 10 years).  I used to suggest that $200 per week might have a chance to reach 1 bitcoin in 10 years, but the weekly investment amount might have to get moved to higher amounts of investment per week if a person is wanting to achieve 1 BTC in 10 years or less, so frequently, many of us have to suggest that it is way more practical to be creating more realistically attainable goals.  

I have nothing wrong with having high aspirations, yet we have to still consider what is realistically attainable within our own budgets, including being able to maintain such investment over several years..

We might have to ask ourselves about how much we can invest into bitcoin in the coming year or two, and then in the coming 4-10 years after that.   There can be goals and mile markers along the way that help us to feel good about making some of our mile markers, if we might have goals that are 10 years or more into the future, but then also we might have goals that are 6 months, 1 years, 2 years, 5 years, and/or some other increments, too.  

Of course, 1 million satoshis is still quite reachable, and even the reaching of 21 million satoshis might be a bit of a struggle for some normie folks, but yeah, it is good to have goals and perhaps think of them in terms of dollars too and/or in terms of annually how much we might need to survive.. so then how many years of investment do we need to accumulate BTC to build up 10 years worth of expenses.. probably quite a few years, and surely if bitcoin price appreciates during the time that we are investing into it, then we could experience a kind of cheat code to be able to reach our goal faster so long as we had been front-load investing into bitcoin.

Sure, bitcoin is expected to continue to perform well, yet it still is not guaranteed to do so, yet we still can think in terms of how many years of expenses is our bitcoin able to cover.. at spot price and better yet at the 200-WMA (bottom price) valuation.

If a person were to want to work towards achieving 1 BTC or more in 10 years or more, then what would be the goal after that? How are these bitcoin accumulators considering the translation of their 1 BTC accumulation into ways that they expect that such 1 BTC (or whatever amount) accumulation is going to help them to improve their lives?  Improving our lives and having more options would be the goal, right?

[edited out]

We can accumulate not just one Bitcoin but more Bitcoins if we can follow the DCA method for a long time, your investment level and your DCA strategy will allow you to accumulate Bitcoin investments for a long time. Because no matter how much money your investment amounts to, if you continue to hold it regularly on a weekly basis, the longer you hold it, the more Bitcoins you will accumulate.
 If an investor invests $200 to $400 weekly, after 10 to 15 years, his investment will take on a very large portfolio. Then we will not only target to accumulate one Bitcoin, our target should be to follow the Bitcoin DCA method for a long time and maintain the investment.

Of course, I am a big fan of consistent, persistent, regular and ongoing accumulation of BTC, and so surely I would think that guys who are able to average $200 to $400 weekly invested into bitcoin (that would be $10k to $20k invested per year and then $100k to $200k invested after 10 years), then they are going to end up investing good amounts into bitcoin and likely they will increase their options if they have accumulated bitcoin over a period of 10-15 years and also anticipating that there could be good chances that bitcoin will outperform other assets, yet we are not guaranteed.  

Accordingly, we still cannot really know for sure how much BTC that we would be able to accumulate even though we can attempt to project out our BTC buys based on our anticipated discretionary income, and we can also attempt to project out various scenarios in which the BTC price goes up at differing rates so then we might have a middle case scenario that we project out, and then we might create scenarios on either side that might be worser case scenarios on the one side and better case scenarios on the other side.  

We might not even know if we are going to be able to continue to accumulate BTC at any particular rate or maybe we might be able to project out that we can start out buying BTC at $200 per week, and then after a few years wee might anticipate that we will be able to move our BTC accumulation rate  up to $400 per week... but then we might question the extent to which our accumulation rate might be sustainable since each of us is likely to be affected by our BTC stacking progress and our considerations and reconsiderations in regards to where we are at, where we anticipated to be and also where we want to go.

[Pi$$]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

I agree with you on this facts about some suitability of investment strategy from my own perspective the DCA is concerned a more convenient and also know to be an accessible strategy to accumulate bitcoin it is allowed  for any investment and at any financial capabilities are allowed it also suitable for everyone indifferent of your financial status.
Well the DCA over lump sum investing, such as reducing timing risk and it makes the investment more manageable for those with financial limitations.

Any strategy is as important as DCA, dont get it all twisted. Its all about the individual finance and risk management. People choose to DCA because their discretionary income is not that big. There are still investors who can afford to buy huge bit still choose to DCA due to risk management. So you see everyone work accordingly to what they have and manage.

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

You have made some valid points, but I like to add some some few words. Whether lump sum or DCA is best it really depends on individual circumstances. Lump sum investing can be advantageous for those who can afford it and are willing to take the risk, as it allows for full market exposure right away. However, DCA is undoubtedly more accessible and flexible, especially for those who want to minimize risk and steadily build their portfolio over time.

As for selling at a high, I agree that the  Long term holders with substantial investments may sell to realize profits or rebalance their portfolio, which can be a strategic move. On the other hand, for those with smaller holdings, the focus should ideally be on accumulating more Bitcoin rather than selling prematurely.

You are right, but i think you were too exaggerated by saying circumstance. You dont have to be in any circumstance to determine what investment strategy you will use. Anyone can be in a situation for a while and come out of it, that is the essence of having an emergency fund. To determine your desired strategy you have to identify your discretionary income and the level of risk you want to take on your investment.

[Tungbulu]

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

You can only describe something as best if that particular thing is convenient for everyone and has more advantage than the disadvantage, so saying lump sum is the best will be wrong because it is not convenient for everyone and everyone can not afford it and so the DCA still remain the best because everyone can use it to accumulate Bitcoin whether small or big and whether rich or poor. However, selling at high is not actually wrong that if you have hold for years and your investment is very matured but it is not right for low coiner to sell the little coin they have instead of thinking on how to accumulate more and any low coiner who sells when the price is high is obvious the person is a trader not an investor.

I am just stating the facts here, if you got lump sum that you can use it to buy 1 bitcoin then it doesn't make sense to divide that money into the DCA strategy. If you followed my post you can see DCA is the effective method to accumulate bitcoin when someone is can't afford to buy bitcoin in whole can use this method to accomplish their goal.

I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.

You misunderstood my point, I am not saying retail investors should not invest rather I am just stating the facts of the benefits that DCA gives access to them to reach their goal whether it owning 1 bitcoin or whatever the amount is.

Let's see if someone with $1K of income wanted to own 1 bitcoin which I won't say impossible but it's bit out of the reach because assume they can save 30% of their salary for bitcoin investment which is effectively $300 which means it will take them 283 months to own 1 bitcoin if the price of bitcoin just stay in the 85K until they accumulate 1 whole bitcoin.

The accumulation of 1 bitcoin is out of reach for many normal folks, and even in the last year or so, I had frequently been suggesting that even starting right away, investing $100 per week was not likely to reach 1 bitcoin even after 10 years of disciplined buying of BTC (that would be $5,200 per year and $52,000 after 10 years).  I used to suggest that $200 per week might have a chance to reach 1 bitcoin in 10 years, but the weekly investment amount might have to get moved to higher amounts of investment per week if a person is wanting to achieve 1 BTC in 10 years or less, so frequently, many of us have to suggest that it is way more practical to be creating more realistically attainable goals.  

I have nothing wrong with having high aspirations, yet we have to still consider what is realistically attainable within our own budgets, including being able to maintain such investment over several years..

We might have to ask ourselves about how much we can invest into bitcoin in the coming year or two, and then in the coming 4-10 years after that.   There can be goals and mile markers along the way that help us to feel good about making some of our mile markers, if we might have goals that are 10 years or more into the future, but then also we might have goals that are 6 months, 1 years, 2 years, 5 years, and/or some other increments, too.  

Indeed. You know I’ve also been pondering a lot lately about the possibility and also how tough it could be to actually get one’s hands on 1 BTC. Even with people who are DCAing $100 every week, when you actually do the maths, you’ll realize how unrealistic it is to think you’ll even get close to accumulating up to 1 BTC within the next 10 years-ish.
Yeah, just maybe, if one is DCAing around $200 or a little bit above that, every week, then they may actually have a shot, but this is if/when they make more their buys during a DIP or a market downturn, so critically looking at the situation, you’ll notice that it’s still not that realistic of an expectation for a lot of people.

Yeah, I’m also not saying that investors should expect less or even give up on the dream or expectation of accumulating or owning Bitcoin, but all I’m trying to say is that investors should be a lil more realistic with their expectations and also set a more realistic and achievable target and goals.
Everyone has from their discretionary income what they can realistically afford to invest on a weekly basis without breaking a sweat, for some it’s $50, for some $100 and for others it could be $200, now the idea is sticking and working with that, regardless of how little you might think it is, the idea is being consistent and maintaining a long term approach.

And after that, rather than looking at the possibility of achieving 1 whole BTC in a few or how long you feel it can take to accumulate 1 BTC, we should focus more on just how much we may be able to achieve in the next, 4 years, 6 years or even 10 years with what we have at our disposal. Even if your goal as an investor is to own 1 BTC in the future, the best approach still remains to break down the whole process into smaller goals, that way it’ll feel less overwhelming and more achievable and realistic. Additionally, when you hit those smaller targets and expectations, you’ll feel more motivated and each time you do so, you might just feel yourself closer to achieving your goal.

[Mayor of ogba]

 

$10 constant investment will amount to little in the long run and almost a messy way to start up a bitcoin investment, I think also that for anyone to arrive at a successful investment position one needs to be aggressive a bit, at least that will help us to be able to take some aggressive financial decisions that can help us to arrive at a good investment position faster.


Investing a low amount like $10 as mentioned by members sounds like a joke considering Bitcoin's current value.

Well to me I don't really see any thing wrong with that, starting with $10 if that amount is one's discretionary income since it is not advisable to invest money that will be needing for our daily expenses into bitcoin so instead of waiting for our discretionary income to increase while we are a no coiner or a low coiner starting with $10 discretionary income won't be a bad idea.one can be accumulating bitcoin with $10 and at the same time while working on increasing his discretionary income .

To me $10 is very small to be using in Bitcoin investment but it now depends on how an investor is using in accumulating Bitcoin, since $10 in very small to be used I think any investor who still wants to use it should be accumulating in every week at least to make the investment look serious because if an investor chooses to use $10 and he is accumulating monthly then his portfolio will be very poor and not encouraging, just imagine an investor having a total yearly accumulation of $120 is very poor.

Remember, a lot of investors have a shitty income, and they need to take care of their living expenses first before they will use their leftover money or discretionary income to accumulate bitcoin. If $10 is what remains after they have taken care of their living expenses and they decide to accumulate bitcoin with it, there's nothing wrong with their decision, and that is their level of aggressiveness at the moment, but they should work on their finances to be in a position where they can easily increase their accumulation money in the future. You don't know if the person using $10 to accumulate bitcoin has a weekly or monthly income, so telling the person to be accumulating bitcoin every week looks like you are putting pressure on him, and if he follows your advice, he is likely to invest in bitcoin in a way that he will not be able to sort out his daily expenses, which will give him no choice but to sell his bitcoin to survive.

[ZeroVinsonN]

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To me $10 is very small to be using in Bitcoin investment but it now depends on how an investor is using in accumulating Bitcoin, since $10 in very small to be used I think any investor who still wants to use it should be accumulating in every week at least to make the investment look serious because if an investor chooses to use $10 and he is accumulating monthly then his portfolio will be very poor and not encouraging, just imagine an investor having a total yearly accumulation of $120 is very poor.

The fact that an investor is doing DCA monthly with $10 does not mean the investor is restricted from employing other strategies whenever an extra cash arises so you shouldn't forget that an investor can only put his disscrettion into bitcoin. An investor can be doing his monthly DCA and still lump sum or even buy the dips and Moreover some new investors may decide to start accumulating with low amount and as times goes by increase the amount.I would not encourage any newbie to be waiting for there discretionary income to increase before they start accumulating bitcoin like the saying goes a journey of a thousands miles begins with a single step.so a no coiner should focus more on continuous accumulation of bitcoin using DCA strategy and can front load his investment whenever the discretion arises .

Pouring a lump sum of money into bitcoin is also a good plan as long as you can afford, financially stable people who have no bitcoin investment can decide to start their investment with a relatively large deposit that might not necessarily be considered discretionary as it is not an amount they can lose without feeling it but since they can afford it and are willing to risk it, they go ahead with the plan, relatively less earners who cannot push off such large sums without going into financial crisis would be more likely to use DCA, This is not to say that large income earners cannot use the DCA, because this method is for everyone.

 

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Remember, a lot of investors have a shitty income, and they need to take care of their living expenses first before they will use their leftover money or discretionary income to accumulate bitcoin. If $10 is what remains after they have taken care of their living expenses and they decide to accumulate bitcoin with it, there's nothing wrong with their decision, and that is their level of aggressiveness at the moment, but they should work on their finances to be in a position where they can easily increase their accumulation money in the future. You don't know if the person using $10 to accumulate bitcoin has a weekly or monthly income, so telling the person to be accumulating bitcoin every week looks like you are putting pressure on him, and if he follows your advice, he is likely to invest in bitcoin in a way that he will not be able to sort out his daily expenses, which will give him no choice but to sell his bitcoin to survive.

An investor or a potential investor needs to understand that there should be an stable point between how much they earn and how much they invest, ignoring this means they are not real investors as they can be pushed to sell due to financial crisis, an actual investor with a regular inflow of funds will know how much it they can do without, and this discretionary amount is what should be used for investing either through the DCA or any other method.

^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.

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Indeed. You know I’ve also been pondering a lot lately about the possibility and also how tough it could be to actually get one’s hands on 1 BTC. Even with people who are DCAing $100 every week, when you actually do the maths, you’ll realize how unrealistic it is to think you’ll even get close to accumulating up to 1 BTC within the next 10 years-ish.
Yeah, just maybe, if one is DCAing around $200 or a little bit above that, every week, then they may actually have a shot, but this is if/when they make more their buys during a DIP or a market downturn, so critically looking at the situation, you’ll notice that it’s still not that realistic of an expectation for a lot of people.

Yeah, I’m also not saying that investors should expect less or even give up on the dream or expectation of accumulating or owning Bitcoin, but all I’m trying to say is that investors should be a lil more realistic with their expectations and also set a more realistic and achievable target and goals.
Everyone has from their discretionary income what they can realistically afford to invest on a weekly basis without breaking a sweat, for some it’s $50, for some $100 and for others it could be $200, now the idea is sticking and working with that, regardless of how little you might think it is, the idea is being consistent and maintaining a long term approach.

And after that, rather than looking at the possibility of achieving 1 whole BTC in a few or how long you feel it can take to accumulate 1 BTC, we should focus more on just how much we may be able to achieve in the next, 4 years, 6 years or even 10 years with what we have at our disposal. Even if your goal as an investor is to own 1 BTC in the future, the best approach still remains to break down the whole process into smaller goals, that way it’ll feel less overwhelming and more achievable and realistic. Additionally, when you hit those smaller targets and expectations, you’ll feel more motivated and each time you do so, you might just feel yourself closer to achieving your goal.

The plan is to accumulate as much bitcoin as possible within your target period, if a person's plan is to get 1btc within a set period, they should be will to make the financial sacrifices necessary for it and hope the market favors them too, if a person plans on $10 a week through the DCA method, rest assured that they may spend their entire lifes without reaching 1btc but this doesn't mean they aren't accumulating, it simply means their accumulation is on the low side.
My best idea would be to use discretionary funds to buy as much as possible using DCA, while also saving up for a DIP, This way when there is is a dip, the said persons are financially ready for it and can buy as aggressively as possible in order to accumulate more bitcoin faster, this should be done with a target period of around 4-10 years or even more.