Buy the DIP, and HODL!

[qurbanshah02]

You seem to be saying similar things to me, and I frequently suggest that guys can profit quite a bit by investing even small amounts of bitcoin and to be as aggressive as they are able to be without overdoing it, and we see that someone who invested $10 per week over the past couple of cycles had ended up doing pretty good, so even if we cannot match the exact performance of the earlier investor at the same levels, we still likely will be advantaged by getting started in bitcoin and then doing what we are able to do, and surely someone investing $10 per week likely has to set his first goal at getting to 1 million satoshis... ..

You are absolutely right that Bitcoin can be work with a small amount and we can also make a profit from it and those who do not have the strength and money to buy a Bitcoin can work in Bitcoin in this way.If we invest more than this we can get even more profit because Bitcoin is a coin with a high enough value that we do not have to worry about invest in it.Some people have such a build and the height and recognition of Bitcoin are clear. But with it Bitcoin will be obtain but what will be the benefit of satoshi he does not work with Bitcoin anymore but there will definitely be recognition.

[Pi-network314159]

You seem to be saying similar things to me, and I frequently suggest that guys can profit quite a bit by investing even small amounts of bitcoin and to be as aggressive as they are able to be without overdoing it, and we see that someone who invested $10 per week over the past couple of cycles had ended up doing pretty good, so even if we cannot match the exact performance of the earlier investor at the same levels, we still likely will be advantaged by getting started in bitcoin and then doing what we are able to do, and surely someone investing $10 per week likely has to set his first goal at getting to 1 million satoshis... ..

You are absolutely right that Bitcoin can be work with a small amount and we can also make a profit from it and those who do not have the strength and money to buy a Bitcoin can work in Bitcoin in this way.If we invest more than this we can get even more profit because Bitcoin is a coin with a high enough value that we do not have to worry about invest in it.

You are very wrong mate, expecialy the Part I bolded. No matter how volatile Bitcoin is, we can not assume or pressum that Bitcoin is  high value enough  that we can not bother to invest in it. As a matter of fact the high value of Bitcoin should be a motivation to accumulate more because we are still in the early phase of Bitcoin compeard to what we expect from it in the future. Think of Bitcoin price now as 1/10 of the future awaiting ok price of $1m.

Some people have such a build and the height and recognition of Bitcoin are clear. But with it Bitcoin will be obtain but what will be the benefit of satoshi he does not work with Bitcoin anymore but there will definitely be recognition.

To be honest I can't really figure out what you are saying. The whole statement looks confused and complicating.

[promise444c5]

Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.

Yeah, patience is key. I believe you're still new. While you invest using the DCA buying strategy, make sure you keep in mind that it might  be a rough journey at the start, especially now that the price is likely  to skyrocket, which means fewer coins for your entries. So brace yourself; it's easier to contribute, but the reality is tough to admit.
It only gets better overtime

[Sonia_123]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.

I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.

[Sonia_123]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.

I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.

A long-term investment of 4 years to 15 years or more, an investor is not boarded about how the market goes either up or down,all he his focused on is how to buy more Bitcoin into his portfolio that will be beneficial to him in future .
You don't really have to wait for the dip before you invest more, just keep buying and accumulating in respective of how much Bitcoin is, and when the dip comes ,it gives you the opportunity to buy more and aggressively if you have reasonable amount of cash with you, it is not adviceable to wait for the dip, continuous investment is the best and the wright thing to do.

[UchihaSarada]

A long-term investment of 4 years to 15 years or more, an investor is not boarded about how the market goes either up or down,all he his focused on is how to buy more Bitcoin into his portfolio that will be beneficial to him in future .
You don't really have to wait for the dip before you invest more, just keep buying and accumulating in respective of how much Bitcoin is, and when the dip comes ,it gives you the opportunity to buy more and aggressively if you have reasonable amount of cash with you, it is not adviceable to wait for the dip, continuous investment is the best and the wright thing to do.

With people who join Bitcoin market and are in their first year in this market, going through one full market cycle that last about 4 years is already a long time. I believe that the Bitcoin market is volatile and wild enough to fear many newbies and no matter how confident they are at beginnings of their investment adventures here, first months inside this market would be very fearful and uncertain for most of them.

One market cycle is stressful with a lot of market fud news, and regulatory news and policy changes from governments globally. It is especially uncertain and more stressful in bearish months so before experiencing four years in this market, a full market cycle, there is not enough market tests from price to psychology on newbie investors here.

Before going through and surviving in all phases of a psychological market cycle, you are still a newbie here.
https://fifthperson.com/psychology-market-cycles/

[Mayor of ogba]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

DCA is very functional as an option to stack btc in a portfolio, we buy 4 times in one month, meaning that every time we drop we don't miss buying and running the method according to the plan that has been prepared.
However, an investor who continues to stack bitcoin will be more successful than those who always delay buying bitcoin.

Today I read an article about Bitcoin where the topic discussed the ownership of 1 btc for future financial security. With what was discussed, I think that not 1 bitcoin will be valuable for the future but 0.1 bitcoin will also be very valuable for our financial security, I mean bitcoin is a step and as small as btc ownership in a portfolio will be more meaningful for the future. Imagine those who underestimate Bitcoin, they will regret it later.
Source : https://blockchain.news/flashnews/is-1-bitcoin-enough-for-financial-security#google_vignette

It seems a bit unrealistic for any newbie into bitcoin to be aiming to accumulate 1 BTC unless he is already quite wealthy and/or able to lump sum and/or front load his investment, and maybe even a guy who invests $200 per week for 10 years might not be able to reach 1 BTC, since investing $200 per week for 10 years would add up to right around $104k invested into bitcoin, which may well not be enough to achieve a whole bitcoin.  There are needs for newbies to be realistic with their investment targets, with maybe aiming for 1 million satoshis, then 2 million then 5 million then 10 million then 21 million.. etc. etc... and yeah of course, some folks have more resources to invest more aggressively (and/'or to front load their investment) than others.

For me, the concept of getting 1 BTC as a beginner feels totally unattainable unless of course you belong to a wealthy family. Considering BTC price, getting 1 BTC still might be beyond for newbies but it doesn't mean that they should not attempt that. It's not bad to want a whole bitcoin but I would rather achieve it little by little.

By consistently investing on a regular basis whether it's daily or weekly, I make sure that my financial position is stable. It allows me to grow my assets continuously over time. Even if I couldn't reach 1 bitcoin, I still have the certainty that my portfolio is growing thus the potential gains.

The good thing about Bitcoin is that any amount regardless of how little it is can still yield a great difference. It is important to have patience and a long-term perspective. By regularly investing, I prepare my financial security for the future.

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

[Cossyblack]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.

I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.

Patient and consistency is just the primary thing for an investor in Bitcoin. I don't actually allow the downtrend of the markets to be a major concern for me so that I don't get distracted, because sometimes the fluctuation of the markets can be very discouraging especially for a newbie, instead of  monitoring the markets price of Bitcoin,I prefer to channel my energy and focus promptly on my accumulation pace,thereby gradually increasing my rates of buying bitcoin weekly and consistently without overstepping my financial limits. its certain that Bitcoin will continues to grows in value overtime and tha t'why s it's not all considerable to be focusing our attention on the current price, because it will surely grows beyond that value but instead,stashing more coins into our portfolio should be our major concern and primary focus and while patiently Hodling for the long term.

[Gost ms]

You seem to be saying similar things to me, and I frequently suggest that guys can profit quite a bit by investing even small amounts of bitcoin and to be as aggressive as they are able to be without overdoing it, and we see that someone who invested $10 per week over the past couple of cycles had ended up doing pretty good, so even if we cannot match the exact performance of the earlier investor at the same levels, we still likely will be advantaged by getting started in bitcoin and then doing what we are able to do, and surely someone investing $10 per week likely has to set his first goal at getting to 1 million satoshis... ..

You are absolutely right that Bitcoin can be work with a small amount and we can also make a profit from it and those who do not have the strength and money to buy a Bitcoin can work in Bitcoin in this way.If we invest more than this we can get even more profit because Bitcoin is a coin with a high enough value that we do not have to worry about invest in it.Some people have such a build and the height and recognition of Bitcoin are clear. But with it Bitcoin will be obtain but what will be the benefit of satoshi he does not work with Bitcoin anymore but there will definitely be recognition.

What do you mean by using a small amount of Bitcoin? If someone does not have the power or money to buy Bitcoin, then how will he buy Bitcoin? If someone has some money to buy Bitcoin, then he can buy it through DCA method or other methods. And from here he can expect that if he holds it for a long time, he can make a good profit. We have seen in the past how Bitcoin has proven itself again after the fall in its price, I am the best of all. We are hopeful that we will see much more of what we have seen in the past. Because as time goes by, the demand for Bitcoin is increasing

[arwin100]

For me, the concept of getting 1 BTC as a beginner feels totally unattainable unless of course you belong to a wealthy family. Considering BTC price, getting 1 BTC still might be beyond for newbies but it doesn't mean that they should not attempt that. It's not bad to want a whole bitcoin but I would rather achieve it little by little.

By consistently investing on a regular basis whether it's daily or weekly, I make sure that my financial position is stable. It allows me to grow my assets continuously over time. Even if I couldn't reach 1 bitcoin, I still have the certainty that my portfolio is growing thus the potential gains.

The good thing about Bitcoin is that any amount regardless of how little it is can still yield a great difference. It is important to have patience and a long-term perspective. By regularly investing, I prepare my financial security for the future.

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

That expose them to more harm and  instead of getting a profit with Bitcoins they buy, that newbie might get panic if market dumps then sell their Bitcoins. For sure we know what is the common reaction by newbie if they see this situation especially if there's big FUD spreading that contribute for Bitcoin to dump more.

That's why I'd better suggest them to buy even small figures to test their selves if they can handle the pressure. Then buy more volume if they already got enough knowledge on how they can handle well their bought bitcoin for long term investment purposes. If it happens that there's conflict of their daily expenses and their investment I guess this is where the problem start on their end that's why they should settle on the volume they can afford to accumulate and don't push their selves to acquire large volume so they can avoid getting any issue that might cause give them bad result.

[Merit.s]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

DCA is very functional as an option to stack btc in a portfolio, we buy 4 times in one month, meaning that every time we drop we don't miss buying and running the method according to the plan that has been prepared.
However, an investor who continues to stack bitcoin will be more successful than those who always delay buying bitcoin.

Today I read an article about Bitcoin where the topic discussed the ownership of 1 btc for future financial security. With what was discussed, I think that not 1 bitcoin will be valuable for the future but 0.1 bitcoin will also be very valuable for our financial security, I mean bitcoin is a step and as small as btc ownership in a portfolio will be more meaningful for the future. Imagine those who underestimate Bitcoin, they will regret it later.
Source : https://blockchain.news/flashnews/is-1-bitcoin-enough-for-financial-security#google_vignette

It seems a bit unrealistic for any newbie into bitcoin to be aiming to accumulate 1 BTC unless he is already quite wealthy and/or able to lump sum and/or front load his investment, and maybe even a guy who invests $200 per week for 10 years might not be able to reach 1 BTC, since investing $200 per week for 10 years would add up to right around $104k invested into bitcoin, which may well not be enough to achieve a whole bitcoin.  There are needs for newbies to be realistic with their investment targets, with maybe aiming for 1 million satoshis, then 2 million then 5 million then 10 million then 21 million.. etc. etc... and yeah of course, some folks have more resources to invest more aggressively (and/'or to front load their investment) than others.

For me, the concept of getting 1 BTC as a beginner feels totally unattainable unless of course you belong to a wealthy family. Considering BTC price, getting 1 BTC still might be beyond for newbies but it doesn't mean that they should not attempt that. It's not bad to want a whole bitcoin but I would rather achieve it little by little.

By consistently investing on a regular basis whether it's daily or weekly, I make sure that my financial position is stable. It allows me to grow my assets continuously over time. Even if I couldn't reach 1 bitcoin, I still have the certainty that my portfolio is growing thus the potential gains.

The good thing about Bitcoin is that any amount regardless of how little it is can still yield a great difference. It is important to have patience and a long-term perspective. By regularly investing, I prepare my financial security for the future.

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

I don't get your point. Must it be 4-10 years timeline that one must use to accumulate whatever quantity of bitcoin that he sets as his bitcoin target. No, I don't think so. We all have our own different bitcoin target based on our age and the size of our discretionary income. A newbie can set a target of 1btc and stay focus to keep his bitcoin accumulation ongoing with consistency and persistency based on his discretionary income. He can accumulate it for above ten years and more, without having any problems since he has prepared for it.

We shouldn't use timeline for our bitcoin accumulation goal, rather we should set a target to accumulate. It's better that you don't accumulate your exact target but close to it than accumulating little bitcoin because you used a limited period of time for your accumulation. However, you can reach your bitcoin target earlier than you plan and still increase your target so that you can continue accumulating because you feel that the size that you have already accumulated isn't enough.

[SmartCharpa]

Taking money from his parents and investing in Bitcoin will not always be the right move. If the money taken from your parents is never to be accounted for or if it is given to you for life, then it may be right to invest with that money. But if the money taken from your parents has to be returned someday, then that will also be included in the loan and investing with a loan will not be the right thing to do. Even if your parents have to give a little accountability for that money, it may be better to discuss it with your parents before investing with that money. In this case, your parents should also be prepared to lose that money. Because you have to be careful, so that there is no problem in your family about this issue.

In my opinion, there is nothing wrong with taking money from your parents and investing in Bitcoin if your parents are educated about it and believe it is worth it. We cannot just take money from our parents and invest without informing them about the risks involved, it isn't all the parents who are not educated and assume that investing in Bitcoin would result in scams, though it is not advisable to invest with another person's money because if they need money and ask you for money back, you may sell your holding at a loss, but in the case of investing our parents money, we can tell them that the investment we are about to make is a long-term journey, it is not the type of investment we can do for 1 year and then sell, which I am sure many parents will understand. Some parents, on the other hand, are also searching for an investment that they can make for the future of their children. If you share a lot of information about how Bitcoin operates, I think some parents won't hold back.

[Justbillywitt]

Bitcoin is a store of value, which means that if you save your money by putting it into bitcoin investment, you will save your funds from inflation and also benefit from your bitcoin investment based on the compounding value of bitcoin overtime. Whoever has the money to invest into bitcoin but chooses to be skeptical about it, will definitely regret his actions in future when bitcoin price will be very high.

It is my gratitude to have come across this post, you have just spoken very well and also it was as if you were reading my mind, because i always see Bitcoin as a store value in which every investors are enjoying it now.
With DCA method you can never lose all your money used investing on Bitcoin, so the earlier you start buying and accumulating your Bitcoin is good for you, providing you have a income that you can use to invest, yet some folks have the cashflow but they don't want to invest more and build up there Bitcoin portfolio.

Our focus should be on ourselves and forget about folks who has refused to act and increase their portfolio. It doesn't concern us and it's not something I think it's worth our time. It is also worth knowing that our level of aggressiveness is quite different from each investors, so let's not get too worked up when we see some investors who are sluggish in increasing their portfolio as much as we do in our own cases. Those folks you think have more cashflow and refuse to increase their bitcoin portfolio, might have more financial responsibilities that is taking more money from such an investor. But provided they are investing as little as they can, I think that's okay.

[Derekfunds]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

DCA is very functional as an option to stack btc in a portfolio, we buy 4 times in one month, meaning that every time we drop we don't miss buying and running the method according to the plan that has been prepared.
However, an investor who continues to stack bitcoin will be more successful than those who always delay buying bitcoin.

Today I read an article about Bitcoin where the topic discussed the ownership of 1 btc for future financial security. With what was discussed, I think that not 1 bitcoin will be valuable for the future but 0.1 bitcoin will also be very valuable for our financial security, I mean bitcoin is a step and as small as btc ownership in a portfolio will be more meaningful for the future. Imagine those who underestimate Bitcoin, they will regret it later.
Source : https://blockchain.news/flashnews/is-1-bitcoin-enough-for-financial-security#google_vignette

It seems a bit unrealistic for any newbie into bitcoin to be aiming to accumulate 1 BTC unless he is already quite wealthy and/or able to lump sum and/or front load his investment, and maybe even a guy who invests $200 per week for 10 years might not be able to reach 1 BTC, since investing $200 per week for 10 years would add up to right around $104k invested into bitcoin, which may well not be enough to achieve a whole bitcoin.  There are needs for newbies to be realistic with their investment targets, with maybe aiming for 1 million satoshis, then 2 million then 5 million then 10 million then 21 million.. etc. etc... and yeah of course, some folks have more resources to invest more aggressively (and/'or to front load their investment) than others.

For me, the concept of getting 1 BTC as a beginner feels totally unattainable unless of course you belong to a wealthy family. Considering BTC price, getting 1 BTC still might be beyond for newbies but it doesn't mean that they should not attempt that. It's not bad to want a whole bitcoin but I would rather achieve it little by little.

By consistently investing on a regular basis whether it's daily or weekly, I make sure that my financial position is stable. It allows me to grow my assets continuously over time. Even if I couldn't reach 1 bitcoin, I still have the certainty that my portfolio is growing thus the potential gains.

The good thing about Bitcoin is that any amount regardless of how little it is can still yield a great difference. It is important to have patience and a long-term perspective. By regularly investing, I prepare my financial security for the future.

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

Perhaps this depend on the capacity of the newbie yes, because there are newbie who has the capacity to even do more than 1 BTC within the period of 4-5 years and I don't see anything wrong if this category of newbie wants to..., so long as they have the basic knowledge and have  a good management skill to handle there resources then it is fine but a newbie who doesn't have the capacity to..., should take away the thoughts of 1 BTC in this interval of time, as a matter of fact any newbie who doesn't have the capacity and have this thoughts, to me I will see that newbie as greedy investor and this investor can easily fall out from his or her investment because of longing for what is Beyond them. There is this saying that we should cut our coat according to our size that is to say that we should do things within our power and our reach, Bitcoin investment is not a competition neither is it a must to have 1 BTC within 4-5 years.

[Tamaperdana]

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

Your assumption is also quite correct, but in my personal opinion regarding the nominal accumulation of bitcoin that can be done by a beginner, I think there is no absolute rule about it. Because in the realm of bitcoin investment, everything must be based on each person's personal readiness, including funding. So at this point, beginners should not be mistaken with the capital allocated specifically for bitcoin. Maybe for beginners who do not have a large initial capital, they can start with any nominal to invest in bitcoin, as long as the money invested is truly discretionary. Then for beginners who have large capital, such as being able to buy 1 bitcoin, I think there is no problem as long as the money is discretionary. So what I mean here is, when beginners invest in bitcoin, they only need to invest discretionary money. So if their discretionary income is small, yes, start by buying bitcoin with that small amount. But if you already have a lot of discretionary money, I think there is nothing wrong with buying bitcoin in a fairly large amount.

[harapan]

That is it and you have really give a good advice.  I think we are going to have another trading cycles soonest and buy when bitcoin or others coins goes down again is the right things to do. I wish we understand all the investment opportunity in cryptocurrencies market and takes the advantage of it and makes money.

Definitely you're on point that we need to take advantage of most opportunity relating to investment and make good use of it for long term profits, it will be bad for those that ain't making use of this medium of accumulation wisely cause in the long run they'll regret it. So when one get the chance to they should buy and hodl and when buying you should take note of shit coins so you won't have all your money wasted and buying when the price is down is favourable in most cases.

[POPOLUV]

If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.

DCA is very functional as an option to stack btc in a portfolio, we buy 4 times in one month, meaning that every time we drop we don't miss buying and running the method according to the plan that has been prepared.
However, an investor who continues to stack bitcoin will be more successful than those who always delay buying bitcoin.

Today I read an article about Bitcoin where the topic discussed the ownership of 1 btc for future financial security. With what was discussed, I think that not 1 bitcoin will be valuable for the future but 0.1 bitcoin will also be very valuable for our financial security, I mean bitcoin is a step and as small as btc ownership in a portfolio will be more meaningful for the future. Imagine those who underestimate Bitcoin, they will regret it later.
Source : https://blockchain.news/flashnews/is-1-bitcoin-enough-for-financial-security#google_vignette

It seems a bit unrealistic for any newbie into bitcoin to be aiming to accumulate 1 BTC unless he is already quite wealthy and/or able to lump sum and/or front load his investment, and maybe even a guy who invests $200 per week for 10 years might not be able to reach 1 BTC, since investing $200 per week for 10 years would add up to right around $104k invested into bitcoin, which may well not be enough to achieve a whole bitcoin.  There are needs for newbies to be realistic with their investment targets, with maybe aiming for 1 million satoshis, then 2 million then 5 million then 10 million then 21 million.. etc. etc... and yeah of course, some folks have more resources to invest more aggressively (and/'or to front load their investment) than others.

For me, the concept of getting 1 BTC as a beginner feels totally unattainable unless of course you belong to a wealthy family. Considering BTC price, getting 1 BTC still might be beyond for newbies but it doesn't mean that they should not attempt that. It's not bad to want a whole bitcoin but I would rather achieve it little by little.

By consistently investing on a regular basis whether it's daily or weekly, I make sure that my financial position is stable. It allows me to grow my assets continuously over time. Even if I couldn't reach 1 bitcoin, I still have the certainty that my portfolio is growing thus the potential gains.

The good thing about Bitcoin is that any amount regardless of how little it is can still yield a great difference. It is important to have patience and a long-term perspective. By regularly investing, I prepare my financial security for the future.

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

I totally agree with you that  newbies should not start their Bitcoin journey with one Bitcoin, providing the newbies has a steady cashflow, i believe that multiple Bitcoin investments will surely help newbies in the beginning of his Bitcoin journey, so that he can be able to start build up his emergency fund together.

But if any newbies embark on buying one Bitcoin for a start, those newbies will end up make use of short term investment, there are things newbies should that Bitcoin is not an investment that you will just start making money at of it, Bitcoin is as investment that takes a longer term, and which newbies patience are highly involved.

[Ryu_Ar1]

i plan to invest $100 weekly for 5 years ($26,000 total) to average market entry.

Op I think you are getting yourself confused,
  
   Weekly investment you said : $100
    Total for a month investment: $100× 4weeks = $400  
    And I think your yearly should be : $400 × 12 months = $4,800

In your previous calculations it seems you had an error, just like you said investing $100 per week would indeed result to a yearly investment of $4,800  and not 26,000 so take corrections of that.

It seems that in this case you are a little mistaken my friend what Mr. Reporter said is quite reasonable because indeed when he tries to make purchases of around $100 / week then with the calculation per year whose standard is currently 52 weeks (although in some years there are 53 weeks) then it will generate $5200 / year, If in the end 5 years is the target that wants to be done for purchases then it is definitely around $26k for 5 years (260 weeks) of consistent purchases of $100 per week with a calculation of $100x260= $26k weeks.

Patient and consistency is just the primary thing for an investor in Bitcoin. I don't actually allow the downtrend of the markets to be a major concern for me so that I don't get distracted, because sometimes the fluctuation of the markets can be very discouraging especially for a newbie, instead of  monitoring the markets price of Bitcoin,I prefer to channel my energy and focus promptly on my accumulation pace,thereby gradually increasing my rates of buying bitcoin weekly and consistently without overstepping my financial limits. its certain that Bitcoin will continues to grows in value overtime and tha t'why s it's not all considerable to be focusing our attention on the current price, because it will surely grows beyond that value but instead,stashing more coins into our portfolio should be our major concern and primary focus and while patiently Hodling for the long term.

Sometimes in some moments precisely when the market trend is down is a good enough opportunity to continue buying and to be honest I felt that before a few years ago when I started trying to consistently buy bitcoin from the price of $30k until bitcoin touched $16k and returned to conditions where $40k at that time.

Worry is there and it is nature but in the end when our goals are set for the long term then I think we will not be too affected by it even though worry remains but our common sense will still run which makes us realize that excessive worry will only make us panic and disrupt our goals. I went through that and now I am still trying to make purchases even though rationally if it is a temporary profit to be obtained I have actually gotten it from previous purchases but when the commitment to invest for the next few years is at least 2 halving cycles (for me) then I will still survive with all the obvious risks that must be faced.

[JayJuanGee]

[edited out]

I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.

Personally, I don't really care that much if a person wants to shoot for 1 BTC within 4-10 years or more or some other timeline; however, I frequently see 1 BTC being mentioned as a target without any sense of realism, and like I mentioned in an earlier post, even a person starting out with an average of $200 per week invested into bitcoin will potentially have some struggles to reach 1 BTC in 10 years, so my concern is that guys are being realistic in terms of setting their goals, and even though 1 BTC tends to be a Schelling point, it still is likely not very realistic for so many folks shooting for 1 BTC without ha ving some kind of a realistic contest in terms of having some pathway towards such plan.

Actually, I know some guys who had goals in late 2013 or so to get anywhere between 20 to 40 BTC within the next year or two, and so at that time, BTC prices were around $1k per coin, and so then there could be some thoughts that it might take $20k to $40k to reach such BTC quantities, and surely since the BTC price went down after that point, and largely stayed below $1k for the next 3.5 years, it became way more reasonable to keep such a goal of 20-40 BTC, and many of those who would have stuck with ongoing bitcoin accumulation may well would have been able to exceed or even double or even triple their BTC accumulation goals within the next 2-3 years.   

So surely frequently if we set realistic or even conservative goals, we may well end up exceeding them, even though it may well not hurt to have goals that are aspirational too.. so even the person in late 2013 might have had know that it would also be possible to reach 100 BTC so long as he were persistent in investing, and maybe if he was thinking that after 3 years he might be able to invest right around $90k, then surely it may well have had been possible for a guy with that level of budget to reach 100 bitcoin (or come close to that level), even if he might have had an initial (and more conservative goal) of accumulating somewhere in the 20 to 40 bitcoin accumulation arena.

So in some sense, 1 BTC has become the 100 BTC of 2014, and so wanting to reach 1 BTC, there may well be a need to consider being able to invest $100k to $200k over 2-3 years or even longer, and even if a person might be able to invest $200k in 2-3 years, it might still be uncertain if he is going to be able to reach a whole BTC in that amount of time...so in some sense, it may well even make more sense to aim for how much dollars we might be able to invest into bitcoin rather than aiming for the amount of BTC those dollars might accumulate in the timeframe that we are considering investing those dollars... and sure it does not hurt to have both dollar and bitcoin quantity goals that also consider various timeline considerations too.

[edited out]

Perhaps this depend on the capacity of the newbie yes, because there are newbie who has the capacity to even do more than 1 BTC within the period of 4-5 years and I don't see anything wrong if this category of newbie wants to..., so long as they have the basic knowledge and have  a good management skill to handle there resources then it is fine but a newbie who doesn't have the capacity to..., should take away the thoughts of 1 BTC in this interval of time, as a matter of fact any newbie who doesn't have the capacity and have this thoughts, to me I will see that newbie as greedy investor and this investor can easily fall out from his or her investment because of longing for what is Beyond them. There is this saying that we should cut our coat according to our size that is to say that we should do things within our power and our reach, Bitcoin investment is not a competition neither is it a must to have 1 BTC within 4-5 years.

Yep some folks might know that they can front load their BTC investment with $60k or more over a year, and perhaps even have a budget that allows for another $20k to $50k to be invested each year for the next 3-4 years. 

There are some folks who have that kind of a budget, even though surely most people do not have that kind of a budget, so there is going to be quite a bit of variance... even the guy who is able to front load with $20k and then invest $200 per week for the next 4-5 years, he still might struggle to get to 1 bitcoin in the next 5 years, but at least he has some kind of a reasonable chance of reaching 1 BTC or more as compared to guys who might merely have $50 to $100 per week or less, and maybe even few likelihoods of having lump sum amounts come available that will allow meaningful increases to his more or less $50 to $100 per week investment capacity.. which also might be struggling.

There are so many members participating in this forum who consider $50 per week to be out of their reach, so in that sense, there are needs to attempt to be realistic in regards to considering how many BTC might be accumulated over the next year, two years, 5 years, 10 years and longer.

Some guys have possibilities to increase their discretionary income by increasing their incomes and/or cutting their expenses... yet others might not have a lot of hope in regards to being able to increase their discretionary income in the coming 4-10 years or longer.

[Scarlett_23]

We all have different financial situations. This is why some of us can invest a lot of money at once, while others cannot. Just as our income capacity is different, so are our investment patterns. However, it is best to choose the type of investment according to our financial situation, no matter what we are in.

My investment will depend entirely on the market situation, financial situation, and mental preparation. I will feel comfortable investing a large amount of money only if the market price increases after the investment.

And if the market price decreases after the investment, I will not feel comfortable. However, if the investor is a real investor and knows about Bitcoin, he will not be disappointed.

 And this is why I consider the DCA method to be the safest method of investment. Investing in this method makes it easy to invest continuously for a long time without stress. Therefore, one should start with what one can afford without wasting time.