Buy the DIP, and HODL!

[Gallar]

I really agree with you that there is no fixed amount or price when it comes to DCA, it all depends on personal interest or choices in which you can eventually be able to afford without having a break down in your daily income or monthly salary,

Even if you can use any amount to invest at any time of your DCA but it should be within your discretionary income and also, making an investment plan for your income is very important such that you can focus more on your most important needs in order for you to have enough discretionary amount to invest. On a normal context of the DCA, it is supposed to be about investing same amount of bitcoins but the reason why we don't need to be so strick about the fixed amount is for a stress free investment without having to be struggling to meet up with the fixed amount at every time of your DCAing.

~Snip

A very funny debate, how is it possible that when someone does DCA on bitcoin there must be a rule about the nominal, I think it is illogical. Because the name of the investment with the DCA method, of course it is up to each individual and no one should regulate how much money will be invested in each accumulation. Because basically everyone's discretionary income will definitely be different, so of course the money that can be accumulated into bitcoin will definitely be different. In addition, in investing, in my opinion, when talking about the nominal money or capital, we don't need to be fixated on other people's assumptions. Because basically our circumstances with other people are definitely different. So what must definitely be learned from other people is things outside of investment capital, then it is good to learn from other people. So the point is when you are going to invest in bitcoin, look at your own situation first and don't look at other people's circumstances (in terms of finance). Because if we look at other people's financial situation, of course the results will be less than good for our mindset in viewing investment in Bitcoin.

[SilverCryptoBullet]

A very funny debate, how is it possible that when someone does DCA on bitcoin there must be a rule about the nominal, I think it is illogical. Because the name of the investment with the DCA method, of course it is up to each individual and no one should regulate how much money will be invested in each accumulation.

Nobody can control your finance and investment capital excepts if you make loan for investment and put your investment capital, personal finance at risk and sometimes on brink of bailout.

Because basically everyone's discretionary income will definitely be different, so of course the money that can be accumulated into bitcoin will definitely be different.

You only need to understand that centralized exchanges or centralized peer to peer marketplaces have their minimum trade sizes, that you must know and afford to meet it. Later you will have to meet its minimum withdrawal size so that you have clear ideas on how many times of DCA with a same small capital size for being allowed to withdraw your bitcoin.

It's also cost of withdrawal fee to make sure your withdrawal value is big enough to cover withdrawal fee to make the withdrawal fee on your withdrawal is not too expensive. If you make a withdrawal and withdrawal fee costs 50% or 70% of withdrawal value, it's too unwisely.

[Samlucky O]

snip

snip

This s the most important and effective point. An investor should use such amount of money for investment that his life will not be adversely affected if the money is lost from his life. Yes we know money is very important in every person's life but still but to achieve success in life people have to take financial risks. Many times investors do that they invest all their savings at once and get excited when after investing they don't see good results in a short period of time. 

Investment but not job that here I invested some amount of money and at the end of every month my profit came from it. Before investing, investors should invest with a clear understanding of the fact that after investing, his money can be lost and profit can be made. Investing does not mean that he will make money for sure. But if you have enough patience and believe in the market, investors can definitely get a good result at the end of a certain period of time.

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawarma, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund,

any amount you spend or use for investment, no matter how small it is must surely come from your discretion and not outside of your pocket because this investment is a constant investment that will last for a long time. talking about investment without affecting your pocket looks like lump sum amount that you invest once at ago but you cant associate it with DCA, because such amount usually come unexpectedly.but  in DCA investment strategy you must surely use your discretion fund for investment because DCA fund comes more frequently than the lump sum fund.
example
lump sum amount can be like a bonus amount won, just like the recent concluded award fund we won at the bitcoin award contest 2024/2025 $150, this amount can be invested once at ago into bitcoin because its not a monthly salary, but i can be investing some portion of  my weekly campaign amount to bitcoin as DCA because it comes more frequent.

 

[Solokan]

It seems hard for me to read from the beginning of this thread because of the plenty of pages in this thread, but i adopt a strategy of reading from the current pages of this thread, and i have been doing that for some days now. It has helped me understand how significant and reliable dollar cost averaging is when accumulating bitcoin. If i receive my monthly salary by the end of this month and if i solve my monthly expenses, I will use the remaining money to start accumulating bitcoin.

Yeah trust me you will be glad you did cause it's definitely good to buy when it's low and hodl for long term, tho some investors are always quite of long term investment so they do short term and sell when they feel like, but I tell you it's not best that way cause you'll most likely sell in loss and regret your action. Bitcoin is a long-term profitable investment that demands patience amidst anything.So I'll advice you start small and accumulate as time goes on you'll love the outcome.

yes by starting to collect btc of course it is a good thing and we will know and feel the sensation of how it feels to invest in btc and of course the best is with the DCA method which of course we will routinely make purchases.

yes right now the price is still relatively cheap and of course this will be a good opportunity to buy btc, yes even though we don't see the price because for example doing DCA but what is certain is that there are more benefits because the price is not like the past because btc is above $ 100k in price. yes I agree with you of course by investing long term in btc of course that is the best and I am also sure that in the future of course btc will have the potential to be more expensive than today.

I agree with you and of course patience is also important when holding btc and indeed currently there is a lot of evidence that long term investment in btc is certainly always profitable and there are also many people who are successful because of holding their btc for the long term. and I am also amazed by people who have invested in btc from the past to the present and for those who have not sold it until now. What is truly unique about BTC is that up to now BTC has never harmed those who are strong enough to hold BTC for the long term.

Source: Binance

[Wind_FURY]

I am getting dip as I type this my next move is to acquire dip.

I sell old gear on ebay and put some into dip buys.

I mine and dca hodl that coin.


dip: just purchased.

tomorrow my mining dca kicks in

monthly  number for march in mining dca will be over 0.01 btc

Ser, that's a very good example of how to get more fiat to buy the more valuable asset that appreciates in value.

I have an old car that I don't drive anymore, which has some sentimental value to me. It might be the right time to find a buyer during the current DIP! I also have my old computer, laptop, old skiing equipment, old snowboards that were given to me by my brothers before they left.

Perhaps I should start a small "Bitcoin Investment Fund" from my brothers' old equipment. I will start selling them now, then wait for the next bear market to bid Bitcoin.

[Barikui1]

I am getting dip as I type this my next move is to acquire dip.

I sell old gear on ebay and put some into dip buys.

I mine and dca hodl that coin.


dip: just purchased.

tomorrow my mining dca kicks in

monthly  number for march in mining dca will be over 0.01 btc

Ser, that's a very good example of how to get more fiat to buy the more valuable asset that appreciates in value.

I have an old car that I don't drive anymore, which has some sentimental value to me. It might be the right time to find a buyer during the current DIP! I also have my old computer, laptop, old skiing equipment, old snowboards that were given to me by my brothers

Selling off depreciating assets like all that you made mentioned is actually a logical thing to do, because it might surprise you that you may raise a very good amount of money from it, which might be very instrumental in buying more Bitcoin now that their is a dip in the market, though I don't actually know how quickly selling off those depreciating assets can be done, but the earlier the better.
 

I will start selling them now, then wait for the next bear market to bid Bitcoin.

sir, is their any point waiting for the next bear market setting in?
Because right now The price of Bitcoin is already down and very cheap compared to how much it can skyrocket to in the future, so why not act once the funds is available?
Do not forget that by waiting you might miss this dip opportunity that is present now, because the price of Bitcoin might decide to start appreciating from here than going down further, so it would be very good that you  buy once the funds is available, than waiting for it to dip further.

[SOKO-DEKE]

I am getting dip as I type this my next move is to acquire dip.

I sell old gear on ebay and put some into dip buys.

I mine and dca hodl that coin.


dip: just purchased.

tomorrow my mining dca kicks in

monthly  number for march in mining dca will be over 0.01 btc

Ser, that's a very good example of how to get more fiat to buy the more valuable asset that appreciates in value.

I have an old car that I don't drive anymore, which has some sentimental value to me. It might be the right time to find a buyer during the current DIP! I also have my old computer, laptop, old skiing equipment, old snowboards that were given to me by my brothers before they left.

Perhaps I should start a small "Bitcoin Investment Fund" from my brothers' old equipment. I will start selling them now, then wait for the next bear market to bid Bitcoin.

Selling something that has no value to someone else and using the money to invest in an asset like Bitcoin is a very good idea. Even if someone does not sell those properties, they will continue losing value and may eventually be worth nothing in the near future but Investing in an asset like Bitcoin is wise because it is volatile asset, and there is a probability that Bitcoin will be worth more than the amount invested in future.

However, instead of waiting to sell properties, why not start investing the money immediately by using the DCA (Dollar-Cost Averaging) method to accumulate Bitcoin? Waiting for a dip which nobody can accurately predict can lead to missed opportunities. Even if a bear market starts, nobody can predict how low the Bitcoin price will go.As long as far as nobody can predict Bitcoin price, it always better to start investing whenever you have money by buying regularly no to later wait for dip and not later get it as the price we target.

[Futurexxx]

However, instead of waiting to sell properties, why not start investing the money immediately by using the DCA (Dollar-Cost Averaging)

I think you should look at his statement again, he is trying to raise more funds by selling off all those asset that has less value and are depreciating in other to invest in Bitcoin that appreciate in value overtime, not that the money is already there and he doesn't want to invest now.
I believe that he has been accumulating Bitcoin for a while now, I really don't believe that he is a no coiner considering how long he has been in the system, so it would be more better you understand what he is trying to do or say before you react.

Ser, that's a very good example of how to get more fiat to buy the more valuable asset that appreciates in value.

I have an old car that I don't drive anymore, which has some sentimental value to me. It might be the right time to find a buyer during the current DIP! I also have my old computer, laptop, old skiing equipment, old snowboards that were given to me by my brothers before they left.

[ZeroVinsonN]

We invest into bitcoin or any other investment with an expectation that we are going to be profitable, even though we know that we are not guaranteed to be profitable. We also have to know that the short term is very hard to predict, and even bad things can end up happening in which our investment is no longer strong, whether we made mistakes or whether something related to the asset ends up having problems to weaken it as an investment.

Naturally, no one puts money in an investment planning to not make profit, making profit is the primary reason for investment and while there are no guarantees for profit, there are strategies we put in place to increase our chances of profit, its also prudent to know that short term investments are at a higher risk of not making profit and as such short term investments should be avoiding, if the plan is to make profit in bitcoin, then long term investment is the way to go.

If a person is coming to bitcoin with an expectation to be staying into it for 4-10 years or longer, then by looking at the extent of BTC's volatility (and unpredictability of price direction), there should be little to no expectation that the investor's capital will be profitable in the first several years, and they should actually not be considering profits to be very important in the first few years of investing into bitcoin, especially since they likely are still in their BTC portfolio building phases, so there could be some advantage of not being in profits in the beginning, which means that they BTC price had likely been gravitating downwardly through their ongoing bitcoin buys.

I generally talk about 4-10 year or more investment timelines in bitcoin because I would not want to dissuade anyone who at least has a minimum of 4 years that they still are going to be able to invest into bitcoin, yet based on the way that bitcoin has historically been performing within the context of cycles, I would consider that 4 years would be the minimum timeline to be able to reasonably consider bitcoin as an investment rather than as a trade.

So personally I would consider 4-10 years as a short term investment into bitcoin, and surely since I also frequently talk about sustainable withdrawal, I consider that guys should not be building their bitcoin investment in order to cash all of it out, yet it would be better to employ some kind of a sustainable withdrawal that can be price-based and/or time-based (and I have a thread talking about sustainable withdrawal ideas).

But, yeah of course, anyone can do whatever they want when it comes to how to treat their bitcoin once they reach their goals and if they have inclinations to spend all of it or to invest in other assets, even though I consider there to be a lot of value in the employment of sustainable withdrawal practices, guys surely might have their own reasons to follow some other way of managing their bitcoin holdings and/or if they believe it is a good idea to completely sell off their accumulated bitcoin after perhaps spending many years building up their bitcoin stash (and hopefully the value has appreciated during that time too)..

By the way, regarding long term DCA with bitcoin, I believe that we can have a presumption that bitcoin's price trajectory is going to be up for the long term, yet even if we have a presumption, we are not guaranteed that bitcoin's price trajectory is going to end up playing out upwardly.

A reasonable assertion, treating 4-10 years of bitcoin investment as short isn't a bad idea, though its definitely long term for some other investments, but relatively short for bitcoin due to it's volatility and unpredictability, and I can't say it's very smart to immediately sell all of a person's bitcoin assets once they have met their investment time, sustainable withdrawal makes sense and while it can be time based or price based I believe it can also be percentage based, maybe sell like 10% of your assest when a person wants to sell. But ultimately, it up to the investor to decide whether to sell everything or to employ the use of sustainable withdrawal.

Within the same post that you cited from me, I talked about examples in which a guy who had started investing 15% of his income per year in September 2016 would be in a position to be able to sustain himself at the same salary rate at this time which is about 8.5 years later, yet also based on 7 years of his investing at 15% of his salary.

I personally think that withdrawing 10% per year is possible as long as you are withdrawing based on the 200-WMA dollar valuation of your BTC holdings and to be able to withdraw at that rate in perpetuity.  Of course, everyone can figure out the extent to which he considers sustainable withdrawal to be a preferred approach over any strategy that overly depletes principle.  Guys should be able to figure out either how to follow the formulas that I am suggesting or some variation of such strategy that they believe is sustainable based on the withdrawal rate that they would like to employ..

I personally believe it is not a good idea to overly deplete your bitcoin investment unless you have some kind of a health or age consideration that does not allow you to figure out some ways to attempt to perform sustainable withdrawal - either once you have reached a status of over-accumulation or that you are no longer wanting to continue accumulating bitcoin.

I agree that it's not very go to overly deplete a person's bitcoin investment unless it's absolutely necessary to do so, age being a major factor, they are people who might not see reason to accumulating more wealth than they already have, probably due to not having an heir or something in that regards, I have seen a situation where a wealthy business owner sold almost all of his asset only to donate it all to charity, saying he has no one to inherit them from him, so I believe this and other reason can make a person stop accumulating bitcoin.

[Ruttoshi]

You only need to understand that centralized exchanges or centralized peer to peer marketplaces have their minimum trade sizes, that you must know and afford to meet it. Later you will have to meet its minimum withdrawal size so that you have clear ideas on how many times of DCA with a same small capital size for being allowed to withdraw your bitcoin.

It's also cost of withdrawal fee to make sure your withdrawal value is big enough to cover withdrawal fee to make the withdrawal fee on your withdrawal is not too expensive. If you make a withdrawal and withdrawal fee costs 50% or 70% of withdrawal value, it's too unwisely.

Exchange withdrawal fee shouldn't be a barrier to any investor no matter the little amount ($10) that you have to invest into bitcoin, because you have to leave your funds in the exchange for it to pile up to $500 and above before sending it into your self custody wallet to avoid many small small UTXO that will later turn around and bite you on the ass in future when transaction will be very high. You might end up using all your profits to pay for transaction fee due to poor transaction management.

I could remember two years back when Rune and BRC-20 token congested bitcoin blockchain, the transaction fee was fucking high. That shouldn't deprive you from your regular DCA weekly purchase because definitely, transaction fees will go back to normal and you can transfer your bitcoin to your private wallet.

[Olatundespo]

But saying that we should invest with an amount you can afford to lose makes it looks as if we are gambling or we are trading,  this is an investment, no Investor will be happy losing his hard earned money, so in my own opinion, the right statement for such phrase is invest with an amount you can do away with for a very long period of time.

You are making the statement very complicated. Losing money does not mean that you are going to lose the money or that you will easily lose it. You can take this word to mean money that you will never need to meet your daily needs or meet basic needs. Or even if that money is ever lost, it will not affect your quality of life or you will not be paralyzed. I will not say that after investing with losing money, you will not regret it if it is somehow lost, this sentence is not realistic at all. A person's hard-earned money is always valuable and if its amount is very large, then you will definitely regret it if it is lost.

Choose money for investment that if it is lost one day, it will not have a negative impact on your quality of life. I find the definition of losing money as you have mentioned a bit confusing. According to your definition, if you need the invested money before achieving your goal, then what will you do or how will you mention it?

This s the most important and effective point. An investor should use such amount of money for investment that his life will not be adversely affected if the money is lost from his life. Yes we know money is very important in every person's life but still but to achieve success in life people have to take financial risks. Many times investors do that they invest all their savings at once and get excited when after investing they don't see good results in a short period of time.  

Investment but not job that here I invested some amount of money and at the end of every month my profit came from it. Before investing, investors should invest with a clear understanding of the fact that after investing, his money can be lost and profit can be made. Investing does not mean that he will make money for sure. But if you have enough patience and believe in the market, investors can definitely get a good result at the end of a certain period of time.

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawama, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund, when you bring out such little amount of money for investment you don't feel the impact at all, using DCA strategy to accumulate for long-term of 4-10 years now makes it more easier and valuable for you, but along the years of investment and you happen to lose it, it will not be heartbroken compared to investing what you cannot afford to lose that is investing a huge amount of money.

It is almost maximum certain that there is no possibility of losing money in Bitcoin investment, yet these messages are spread to prepare investors in advance. In my opinion long-term investment is not a gambling game that has the possibility of losing money. Or it should not be a trading endeavor that has the possibility of losing money.

In example is that you invest the amount you can afford to lose. This literally means that you should plan your investments in such a way that your floating cash balance remains intact and your real assets do not decrease. Another meaning is that you should always be prepared for the volatile price of Bitcoin to have financial security to keep you safe from any price level.

The ability to lose money does not mean that you will lose all your money. Another meaning I consider is that there is a level of risk in investing and that smart investors should plan for losses so that they do not have to regret it if the price drops too much. The positive side of having a negative mindset is that you are mentally prepared for a bad economy and if the market situation improves in the meantime, it will increase your level of financial stability.

[Tmoonz]

snip

snip

This s the most important and effective point. An investor should use such amount of money for investment that his life will not be adversely affected if the money is lost from his life. Yes we know money is very important in every person's life but still but to achieve success in life people have to take financial risks. Many times investors do that they invest all their savings at once and get excited when after investing they don't see good results in a short period of time.  

Investment but not job that here I invested some amount of money and at the end of every month my profit came from it. Before investing, investors should invest with a clear understanding of the fact that after investing, his money can be lost and profit can be made. Investing does not mean that he will make money for sure. But if you have enough patience and believe in the market, investors can definitely get a good result at the end of a certain period of time.

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawarma, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund,

any amount you spend or use for investment, no matter how small it is must surely come from your discretion and not outside of your pocket because this investment is a constant investment that will last for a long time. talking about investment without affecting your pocket looks like lump sum amount that you invest once at ago but you cant associate it with DCA, because such amount usually come unexpectedly.but  in DCA investment strategy you must surely use your discretion fund for investment because DCA fund comes more frequently than the lump sum fund.
example
lump sum amount can be like a bonus amount won, just like the recent concluded award fund we won at the bitcoin award contest 2024/2025 $150, this amount can be invested once at ago into bitcoin because its not a monthly salary, but i can be investing some portion of  my weekly campaign amount to bitcoin as DCA because it comes more frequent.

 

Irrespective of your strategy in your investment non is meant to affect your pocket and DCA or lump sum amount must largely and surely be considered to be a discretionary income, secondly a lump sum amount is not only subjected to come in an unexpected manner it can as well be expected, the emphasis is that the amount is huge and consider to be a discretionary income which can be use right away.

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawama, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund, when you bring out such little amount of money for investment you don't feel the impact at all, using DCA strategy to accumulate for long-term of 4-10 years now makes it more easier and valuable for you, but along the years of investment and you happen to lose it, it will not be heartbroken compared to investing what you cannot afford to lose that is investing a huge amount of money.

You need to understand that financial capability differs individually and so it does too differs  when considering what should be seen as money we can afford to lose, the amount of money that you will consider as money you can afford to lose will be different from that of others and bitcon investment is made in such a way people can come in within their own financial capability based on their discretionary income, maybe if your own will be the size of ice cream money others may not be the same and that is the reality.

[pusaka]

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawama, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund, when you bring out such little amount of money for investment you don't feel the impact at all, using DCA strategy to accumulate for long-term of 4-10 years now makes it more easier and valuable for you, but along the years of investment and you happen to lose it, it will not be heartbroken compared to investing what you cannot afford to lose that is investing a huge amount of money.

You need to understand that financial capability differs individually and so it does too differs  when considering what should be seen as money we can afford to lose, the amount of money that you will consider as money you can afford to lose will be different from that of others and bitcon investment is made in such a way people can come in within their own financial capability based on their discretionary income, maybe if your own will be the size of ice cream money others may not be the same and that is the reality.

Of course, each person's income will be different and also their expenses will definitely be different. But I understand what is meant, it's easy to enter whatever money we have, of course after we meet our living needs and other needs. Whether it's big or small, it doesn't matter. Because if we wait until we have a lot of money, then how long will we wait? Most people who end up not investing at all are people who delay until they have a lot of money, even though with a small amount of money they can actually do it. This is the same as someone who prefers to be unemployed, even though there is work that can be done, only the salary is not as expected.

[POPOLUV]

But saying that we should invest with an amount you can afford to lose makes it looks as if we are gambling or we are trading,  this is an investment, no Investor will be happy losing his hard earned money, so in my own opinion, the right statement for such phrase is invest with an amount you can do away with for a very long period of time.

You are making the statement very complicated. Losing money does not mean that you are going to lose the money or that you will easily lose it. You can take this word to mean money that you will never need to meet your daily needs or meet basic needs. Or even if that money is ever lost, it will not affect your quality of life or you will not be paralyzed. I will not say that after investing with losing money, you will not regret it if it is somehow lost, this sentence is not realistic at all. A person's hard-earned money is always valuable and if its amount is very large, then you will definitely regret it if it is lost.

Choose money for investment that if it is lost one day, it will not have a negative impact on your quality of life. I find the definition of losing money as you have mentioned a bit confusing. According to your definition, if you need the invested money before achieving your goal, then what will you do or how will you mention it?

This s the most important and effective point. An investor should use such amount of money for investment that his life will not be adversely affected if the money is lost from his life. Yes we know money is very important in every person's life but still but to achieve success in life people have to take financial risks. Many times investors do that they invest all their savings at once and get excited when after investing they don't see good results in a short period of time.  

Investment but not job that here I invested some amount of money and at the end of every month my profit came from it. Before investing, investors should invest with a clear understanding of the fact that after investing, his money can be lost and profit can be made. Investing does not mean that he will make money for sure. But if you have enough patience and believe in the market, investors can definitely get a good result at the end of a certain period of time.

Investing what you can afford to lose means that money which you can dash out, that money which you can use for ice-cream, that money which you can use for shawama, that money whish you can use for drinking without having any effect on your pocket or any other of your expenses or having effect on your emergency and reserve fund, when you bring out such little amount of money for investment you don't feel the impact at all, using DCA strategy to accumulate for long-term of 4-10 years now makes it more easier and valuable for you, but along the years of investment and you happen to lose it, it will not be heartbroken compared to investing what you cannot afford to lose that is investing a huge amount of money.

It is almost maximum certain that there is no possibility of losing money in Bitcoin investment, yet these messages are spread to prepare investors in advance. In my opinion long-term investment is not a gambling game that has the possibility of losing money. Or it should not be a trading endeavor that has the possibility of losing money.

In example is that you invest the amount you can afford to lose. This literally means that you should plan your investments in such a way that your floating cash balance remains intact and your real assets do not decrease. Another meaning is that you should always be prepared for the volatile price of Bitcoin to have financial security to keep you safe from any price level.

The ability to lose money does not mean that you will lose all your money. Another meaning I consider is that there is a level of risk in investing and that smart investors should plan for losses so that they do not have to regret it if the price drops too much. The positive side of having a negative mindset is that you are mentally prepared for a bad economy and if the market situation improves in the meantime, it will increase your level of financial stability.

Talking about the risk involved investments, it is not a new new thing because life is full of risk it self, so as a good investors one should always have it in the back of his mind that there are two things that is common which is losing and profit, which i see that, the losing aspect of Bitcoin is very rare once you make use of buying the dip and hold in a longer term investment, so we should risk to win because it is only those investors that is not afraid of the risk involved in Bitcoin that is making it  bigger, so is good to risk to win.

[Mehmet69]

We invest into bitcoin or any other investment with an expectation that we are going to be profitable, even though we know that we are not guaranteed to be profitable. We also have to know that the short term is very hard to predict, and even bad things can end up happening in which our investment is no longer strong, whether we made mistakes or whether something related to the asset ends up having problems to weaken it as an investment.

Naturally, no one puts money in an investment planning to not make profit, making profit is the primary reason for investment and while there are no guarantees for profit, there are strategies we put in place to increase our chances of profit, its also prudent to know that short term investments are at a higher risk of not making profit and as such short term investments should be avoiding, if the plan is to make profit in bitcoin, then long term investment is the way to go.

If a person is coming to bitcoin with an expectation to be staying into it for 4-10 years or longer, then by looking at the extent of BTC's volatility (and unpredictability of price direction), there should be little to no expectation that the investor's capital will be profitable in the first several years, and they should actually not be considering profits to be very important in the first few years of investing into bitcoin, especially since they likely are still in their BTC portfolio building phases, so there could be some advantage of not being in profits in the beginning, which means that they BTC price had likely been gravitating downwardly through their ongoing bitcoin buys.

I generally talk about 4-10 year or more investment timelines in bitcoin because I would not want to dissuade anyone who at least has a minimum of 4 years that they still are going to be able to invest into bitcoin, yet based on the way that bitcoin has historically been performing within the context of cycles, I would consider that 4 years would be the minimum timeline to be able to reasonably consider bitcoin as an investment rather than as a trade.

So personally I would consider 4-10 years as a short term investment into bitcoin, and surely since I also frequently talk about sustainable withdrawal, I consider that guys should not be building their bitcoin investment in order to cash all of it out, yet it would be better to employ some kind of a sustainable withdrawal that can be price-based and/or time-based (and I have a thread talking about sustainable withdrawal ideas).

But, yeah of course, anyone can do whatever they want when it comes to how to treat their bitcoin once they reach their goals and if they have inclinations to spend all of it or to invest in other assets, even though I consider there to be a lot of value in the employment of sustainable withdrawal practices, guys surely might have their own reasons to follow some other way of managing their bitcoin holdings and/or if they believe it is a good idea to completely sell off their accumulated bitcoin after perhaps spending many years building up their bitcoin stash (and hopefully the value has appreciated during that time too)..

By the way, regarding long term DCA with bitcoin, I believe that we can have a presumption that bitcoin's price trajectory is going to be up for the long term, yet even if we have a presumption, we are not guaranteed that bitcoin's price trajectory is going to end up playing out upwardly.

A reasonable assertion, treating 4-10 years of bitcoin investment as short isn't a bad idea, though its definitely long term for some other investments, but relatively short for bitcoin due to it's volatility and unpredictability, and I can't say it's very smart to immediately sell all of a person's bitcoin assets once they have met their investment time, sustainable withdrawal makes sense and while it can be time based or price based I believe it can also be percentage based, maybe sell like 10% of your assest when a person wants to sell. But ultimately, it up to the investor to decide whether to sell everything or to employ the use of sustainable withdrawal.

Within the same post that you cited from me, I talked about examples in which a guy who had started investing 15% of his income per year in September 2016 would be in a position to be able to sustain himself at the same salary rate at this time which is about 8.5 years later, yet also based on 7 years of his investing at 15% of his salary.

I personally think that withdrawing 10% per year is possible as long as you are withdrawing based on the 200-WMA dollar valuation of your BTC holdings and to be able to withdraw at that rate in perpetuity.  Of course, everyone can figure out the extent to which he considers sustainable withdrawal to be a preferred approach over any strategy that overly depletes principle.  Guys should be able to figure out either how to follow the formulas that I am suggesting or some variation of such strategy that they believe is sustainable based on the withdrawal rate that they would like to employ..

I personally believe it is not a good idea to overly deplete your bitcoin investment unless you have some kind of a health or age consideration that does not allow you to figure out some ways to attempt to perform sustainable withdrawal - either once you have reached a status of over-accumulation or that you are no longer wanting to continue accumulating bitcoin.

I agree that it's not very go to overly deplete a person's bitcoin investment unless it's absolutely necessary to do so, age being a major factor, they are people who might not see reason to accumulating more wealth than they already have, probably due to not having an heir or something in that regards, I have seen a situation where a wealthy business owner sold almost all of his asset only to donate it all to charity, saying he has no one to inherit them from him, so I believe this and other reason can make a person stop accumulating bitcoin.

You are right. People usually save wealth for their next generation. If a person does not have a next generation, then who will he save money for? Because that person can spend his life doing something. But if he has some wealth from his past, then maybe he will give it to some charity.

We all know that Bitcoin is a digital asset that we can easily accumulate for ourselves. In my opinion, no one can create any other wealth so easily except Bitcoin. You will only need patience to create this wealth. So those who have a next generation should not miss this opportunity to start wealth.

Let's fulfill the goal of wealth creation at the same time.

[FortuneFollower]

You are right. People usually save wealth for their next generation. If a person does not have a next generation, then who will he save money for? Because that person can spend his life doing something. But if he has some wealth from his past, then maybe he will give it to some charity.

We all know that Bitcoin is a digital asset that we can easily accumulate for ourselves. In my opinion, no one can create any other wealth so easily except Bitcoin. You will only need patience to create this wealth. So those who have a next generation should not miss this opportunity to start wealth.

Let's fulfill the goal of wealth creation at the same time.

Firstly, people accumulate for themselves.
Afterward - maybe for someone else, but usually, there is no end to crave more.

[Agbamoni]

You only need to understand that centralized exchanges or centralized peer to peer marketplaces have their minimum trade sizes, that you must know and afford to meet it. Later you will have to meet its minimum withdrawal size so that you have clear ideas on how many times of DCA with a same small capital size for being allowed to withdraw your bitcoin.

It's also cost of withdrawal fee to make sure your withdrawal value is big enough to cover withdrawal fee to make the withdrawal fee on your withdrawal is not too expensive. If you make a withdrawal and withdrawal fee costs 50% or 70% of withdrawal value, it's too unwisely.

The Bitcoin fees doesn't really matter if you plan how you DCA properly.
However, i don't advice unnecessarily leaving of fund after buying on centralized exchange. What you should is to not withdraw your Bitcoin after every DCA if you want to cover less fee on your every purchase. Instead, you can do the withdrawal to your wallet biweekly, monthly or every 3 months.
A few weeks or month won't be that risk, but you also need to be vigilant as centralized exchange are being attacked these days.

[avp2306]

You only need to understand that centralized exchanges or centralized peer to peer marketplaces have their minimum trade sizes, that you must know and afford to meet it. Later you will have to meet its minimum withdrawal size so that you have clear ideas on how many times of DCA with a same small capital size for being allowed to withdraw your bitcoin.

It's also cost of withdrawal fee to make sure your withdrawal value is big enough to cover withdrawal fee to make the withdrawal fee on your withdrawal is not too expensive. If you make a withdrawal and withdrawal fee costs 50% or 70% of withdrawal value, it's too unwisely.

The Bitcoin fees doesn't really matter if you plan how you DCA properly.
However, i don't advice unnecessarily leaving of fund after buying on centralized exchange. What you should is to not withdraw your Bitcoin after every DCA if you want to cover less fee on your every purchase. Instead, you can do the withdrawal to your wallet biweekly, monthly or every 3 months.
A few weeks or month won't be that risk, but you also need to be vigilant as centralized exchange are being attacked these days.

Its rare to see this concern since actually fees doesn't really matter if we invest on Bitcoin for long term because we are not affected with this matter.

I guess the people will get affected with these are the traders its because they are the one deal with Bitcoin for short term and might their trades might get affected especially that they cannot execute their trades because traders might get worried to pay huge fees for their trades and other short term transactions.

This is the advantage of long term holder since we don't have any major concerns towards issues which currently occur on the market.

[MainIbem]

It is almost maximum certain that there is no possibility of losing money in Bitcoin investment, yet these messages are spread to prepare investors in advance. In my opinion long-term investment is not a gambling game that has the possibility of losing money. Or it should not be a trading endeavor that has the possibility of losing money.

In example is that you invest the amount you can afford to lose. This literally means that you should plan your investments in such a way that your floating cash balance remains intact and your real assets do not decrease. Another meaning is that you should always be prepared for the volatile price of Bitcoin to have financial security to keep you safe from any price level.

The ability to lose money does not mean that you will lose all your money. Another meaning I consider is that there is a level of risk in investing and that smart investors should plan for losses so that they do not have to regret it if the price drops too much. The positive side of having a negative mindset is that you are mentally prepared for a bad economy and if the market situation improves in the meantime, it will increase your level of financial stability.

I've spoke about something similar but then I think I'll still give my opinion concerning this particular discussion so some folks would understand better, cause I see some misunderstanding somewhere, or should I say misplaced phrases, when it comes to Bitcoin investment, saying that people should invest what they can afford to lose is misleading, cause it's not something that profits is gotten by luck or chance it's something that involves the future, a long-term process and not relating with gambling or trading that involves luck, speculations or predictions to make profit, you buy the coin, hold it for a longer period and hope to get better profits in the future that's why instead of using the term, (investing what you can afford to lose) it's better to say that people should invest according to their income or financial capacity, the other one is confusing and relates with gambling or trading. Doing the DCA alone already mean that an investor is prepared for the volatility of Bitcoin, it doesn't affect the DCA in any way so let's be guided concerning that. Some folks are yet to hodl Bitcoin for a longer period yet they're considering the risk involved in it, how can they tell when they've not got better experience, however experienced investors that's invested for a long period can testify that investing in Bitcoin comes with less risk and one is bound to profit so far they do it the right way which is buying and hodling for a longer period at different Intervals and according to one's financial capacity, not investing in what you can afford to lose.

[Stormisover]

Talking about the risk involved investments, it is not a new new thing because life is full of risk it self, so as a good investors one should always have it in the back of his mind that there are two things that is common which is losing and profit, which i see that, the losing aspect of Bitcoin is very rare once you make use of buying the dip and hold in a longer term investment, so we should risk to win because it is only those investors that is not afraid of the risk involved in Bitcoin that is making it  bigger, so is good to risk to win.

I observed that forum mate like you POPOLUV, has refused to reframe or adjust emphasising buying the dip as the most suitable, best and safest strategy whereas it is not, I have seen other users correcting you with such expression even in other threads, for more clarity while buying the dip helps in buying more Bitcoin in lesser amount it does not make it the best, you can buy the dip and it dip further or you can be waiting for a desired dip and it never comes making you to miss buying opportunities, there is no much risk associating with Bitcoin investment if our investment money is coming from our discretionary income because you are doing it without struggling to take care of your basic needs and responsibilities, for Bitcoin volatility the DCA is effective over a long term investment though every other strategies have their own distinctive functions.