Buy the DIP, and HODL!

[Rockstarguy]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

[SmartCharpa]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

[Jostern]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

To have no regrets in the future, we need to do what we can now - no matter how little our steps may seem.

Yes to be on the safe side we have to keep doing what is possible for us now, and never to consider accumulating for a short term period which is always a bad idea, and it best we keep accumulating consistently as long as we know we can accumulate and get to over accumulation and a full circle, for someone that have a source of income you don’t necessarily need to save money to start and investment but using our discretionary funds to invest and accumulate more and more which is a better strategy or we can accumulate fraction by fraction to accumulate consistently.

As little as our efforts is, it’s more important and necessary that we just keep accumulating and building our portfolio which will do us a lot more good, in our journey to have a successful investment we should not hesitate to take advantage of the opportunity of investing and building an amazing portfolio for a future purposes, Bitcoin is an unpredictable asset and we really don’t know what benefits might come out of it. So it’s best we invest and HODl for a long term.

[Silikiem]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

Staying informed about current market trends is not overly bad as a bitcoin investor, this will also help you as an investor to be able to have, and show knowledge of a situation regarding your investment strategy whereby keeping your portfolio stable as you continue accumulating especially as the strategy is for the long term investment and holding. Having a knowledge about the current market trends doesn’t stop you from accumulating especially for someone whose strategy is for the long term investment and that is why it’s advisable to accumulate using the DCA method whereby you don’t get distracted by the current market trends or charts in as much as you have a knowledge about it.

[laijsica]

I don't know if as many as possible were able to identify the trend of double top and double bottom and how this has been shown recently on the market performance if we are close on the chart, we would have seen this coming and know the kind of position to take as regarding investment, but for the time being now, we should expect more of the market pump and its more likely that we get to all time high this month or sooner.

Following the Bitcoin chart is not the right thing to do since it will lead to the wrong outcomes. If you always study the Bitcoin chart before investing, I am confident that you have no plans to invest for the rest of your life. Bitcoin investing needs a positive mindset toward your investment, if an investor enjoy looking at the chart, you will be viewed as a short-term investor since you always prefer to buy when the price is low, and no one can tell you what will be the next move in Bitcoin price.

Those guys may have the current attitude to buy Bitcoin if it is at $90k or near it. Every time they miss the opportunity to accumulation Bitcoin and blame their own luck. Those investors who continue to accumulation Bitcoin the DCA method regardless of price are examples of patient and intelligent investors.

Aside from others who believe they would buy Bitcoin and invest in it once the price reaches $90k, some of them planned to invest when the price was around $50k but failed to do so and blamed themselves.  Perhaps they are not ready to invest and lack the patience as those who have been buying and holding for 4-5 years.

Staying informed about current market trends is not overly bad as a bitcoin investor, this will also help you as an investor to be able to have, and show knowledge of a situation regarding your investment strategy whereby keeping your portfolio stable as you continue accumulating especially as the strategy is for the long term investment and holding. Having a knowledge about the current market trends doesn’t stop you from accumulating especially for someone whose strategy is for the long term investment and that is why it’s advisable to accumulate using the DCA method whereby you don’t get distracted by the current market trends or charts in as much as you have a knowledge about it.

As a result of the market situation it's better to accumulate Bitcoin than to watch additional charts. Sometimes you may get confused and start to have flashy aspirations, so it is advisable to focus on the savings cycle initially. In fact, most of the recommendations made for new investors may go against their wishes and they constantly look at Bitcoin charts and calculate their holdings. The mindset of investing periodically and increasing the accumulation with earnings and increasing the holdings for the long term will increased your tolerance. I think that even if you have a fairly strong source of alternative income and little knowledge about Bitcoin it should not be difficult for you to carry out long term activities in investing. The Bitcoin market situation does not prevent us from investing, but rather motivates us to do it for the long term.

[POPOLUV]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

[Gost ms]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

[Sim_card]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

[Tonimez]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

Bitcoin accumulation is intentional, either DCA, aggressive buying or Front loading. First of all, any investor must be very observant not to get involved in investing his backup funds and emergency funds either unknowingly or intentionally. This does not matter whether it's the Dip or as at when the fund is available. Using up your back up funds to place you at the risk of selling off your bitcoin at a loss when emergency comes. Invest Aggressively if you can, but be sure not to tamper with your backup funds.

[CageMabok]

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

There is nothing misleading as long as the final advice is to buy Bitcoin because even though it always depends on each person's personal desire in terms of buying, I think everyone will definitely use what they are most comfortable with when they want to do something they want including buying Bitcoin. So when there are people who move with different methods in buying Bitcoin, it is not a mistake because the ultimate goal is to buy as much Bitcoin as possible with the amount of capital they have.

So the difference is just a natural attitude that needs to be seen and learned by people who have not used any method at this time. Because in terms of buying certain assets or Bitcoin, of course everyone must have capital in the form of money even though it is only in a small amount. So there is no need to consider other people's comments as something that is wrong even though it may not be right for yourself.

[Stormisover]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You need to understand that any amount of money you have from your discretionary income that can use to buy Bitcoin comfortably without struggling to sort out your other important needs is your own level of aggressiveness and it doesn't happen by forcing yourself to do it, forcing yourself means that you are being over aggressive since at that you will be buying Bitcoin with money that should be used to sort out your other important needs and that is were it is bad.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.]/b]

Having a steady cash flow shouldn't be a reason for any investor to go at any length investing and building his portfolio, there must boundary or limit to which he should be investing and that is investing within his discretionary income and to his own comfort not to any length.

[Barikui1]

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

Bitcoin accumulation is intentional, either DCA, aggressive buying or Front loading. First of all, any investor must be very observant not to get involved in investing his backup funds and emergency funds either unknowingly or intentionally. This does not matter whether it's the Dip or as at when the fund is available. Using up your back up funds to place you at the risk of selling off your bitcoin at a loss when emergency comes. Invest Aggressively if you can, but be sure not to tamper with your backup funds.

No, I disagree on this your last statement here, I mean the words in your statement I made bold, it's only emergency funds you don't temper with no matter what, because it's stands as a shield against any unforseen emergencies in the future, and it's meant to combat real life emergency that may threatens your holdings, but in the case of back up funds, it's primary duty is to give you that financial leverage to act on some things that may impact your holdings positively,  like giving you the leverage to buy aggressively when there is a serious dip in the market.

 So what am trying to say is that it's only emergency funds that should not be tempered with unless their is a real life emergency, but in the case of a back up fund's, you can use it to buy aggressively during a dip unlike emergency funds that is not to be tempered with.

[Wind_FURY]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

I CANNOT believe that I made that post SIX YEARS AGO! Has it been really that long? I still remember I was working with my grandfather in his antique shop, doing almost nothing while waiting for his wealthy clients, then play Live Craps during my lunch-break. It was good money if you could make a sale.

 

I hope this topic has helped you in your Bitcoin journey ser. Buy The DIP, DCA or both, it's your choice. BUT HODLing is what's important.

[bitcoin_mining]

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

In addition, the presumably possibility that price will drop is a 50/50 chance but however, focusing on price drop to accumulate is basically if not the same thing with wasting to try to find the best entry point. hence it's more of a better opinion to figure out how much you're willing to sacrifice for bitcoin within your discretionary income. if we have enough it's even more advisable to buy aggressively as long as we can afford it without tempering with our daily expenses which will lead to deeping hands into our investments.

I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation.  Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target. You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

If I have $5000 to invest in Bitcoin over a space of 6 months and within this period I expect that price may correct a little before continuing the upward movement, I can decide to allocate $4000 into DCA purchase spread across the 6 months and then keep the balance of $1000 to buy the dip should I see the correction. This is not a bad way to proceed and is how I understand buying the dip to mean.

If I have $5,000 right now, I will not invest all my money in Bitcoin at once, but I will divide this $5,000 into several parts and invest it continuously according to that. That is why I will not invest all my money in Bitcoin at once because if I invest at once, I will have an investment at any point in the price, but when I divide this $5,000 into multiple parts and invest it, it will be seen that I will be buying Bitcoin during many positive and negative changes in the market, which will result in my investment not being much more. Basically, I can directly consider this investment as a DCA investment strategy. In the case of DCA investment strategy, the issues are similar. In the case of DCA investment, investors usually invest continuously based on their income. In this case, when I have $5,000, just as I will invest continuously from this $5,000, I will also separate a part of my income so that when I finish investing this $5,000, I will continue to invest continuously again.

[Futurexxx]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

I CANNOT believe that I made that post SIX YEARS AGO! Has it been really that long? I still remember I was working with my grandfather in his antique shop, doing almost nothing while waiting for his wealthy clients, then play Live Craps during my lunch-break. It was good money if you could make a sale.

 

I hope this topic has helped you in your Bitcoin journey ser. Buy The DIP, DCA or both, it's your choice. BUT HODLing is what's important.

According to how detailed your explanation was on how to navigate your way in investing continuously in Bitcoin, if you did follow through with it, you will certainly be in a huge profit by now, and we that are just starting will be wondering what were we doing then, though knowledge is power as they usually say, and it's the actual fact, if I  had known all this I know now, I would certainly have gone a long way in my accumulation journey, but I am certain that am still on track though, keep on holding for a better tomorrow.

[Frankolala]

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

In addition, the presumably possibility that price will drop is a 50/50 chance but however, focusing on price drop to accumulate is basically if not the same thing with wasting to try to find the best entry point. hence it's more of a better opinion to figure out how much you're willing to sacrifice for bitcoin within your discretionary income. if we have enough it's even more advisable to buy aggressively as long as we can afford it without tempering with our daily expenses which will lead to deeping hands into our investments.

I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation.  Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target. You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

If I have $5000 to invest in Bitcoin over a space of 6 months and within this period I expect that price may correct a little before continuing the upward movement, I can decide to allocate $4000 into DCA purchase spread across the 6 months and then keep the balance of $1000 to buy the dip should I see the correction. This is not a bad way to proceed and is how I understand buying the dip to mean.

If I have $5,000 right now, I will not invest all my money in Bitcoin at once, but I will divide this $5,000 into several parts and invest it continuously according to that. That is why I will not invest all my money in Bitcoin at once because if I invest at once, I will have an investment at any point in the price, but when I divide this $5,000 into multiple parts and invest it, it will be seen that I will be buying Bitcoin during many positive and negative changes in the market, which will result in my investment not being much more. Basically, I can directly consider this investment as a DCA investment strategy. In the case of DCA investment strategy, the issues are similar. In the case of DCA investment, investors usually invest continuously based on their income. In this case, when I have $5,000, just as I will invest continuously from this $5,000, I will also separate a part of my income so that when I finish investing this $5,000, I will continue to invest continuously again.

Of course, it's good to use such huge amount of money to invest wisely to that you can benefit from all market conditions. What I will do with such amount of money is to share it into three parts. $3000 for DCA in which I will spread it over several weeks so that I can put into practice regular weekly buying so that it can be part of me to always buy every week whenever I have the funds to keep my bitcoin investment ongoing. The second part which is $1000, I will lump sum immediately and use the last $1000 to buy at the dip. It's good to mix various accumulation strategies when you can because it will make your bitcoin investment grow in a fast pace.

[Stormisover]

You are misunderstanding the concept of aggressive buying. You are calling buying at the dip agressive buying which is wrong. An investor can buy bitcoin aggressively with any of the accumulation methods beit DCA, lump sum or buying at the dip. Funds shouldn't be reseeved to buy bitcoin aggressively rather we  level setup reserve funds to buy at the dip for a cheaper price. The  size of  your discretionary income is what will determine your level of aggressiveness. The most important thing is that you don't buy over aggressively.

For example, if an investor discretionary income is $70 and he buys bitcoin every week with $55, he is investing aggressively compared to when that's DCAing with $40. Another investor might choose to buy whimpishly with just $20 from his $70 discretionary income.

I prefer to buy aggressively with DCA when the opportunity comes rather than waiting for the dip to buy aggressively because holding too much fiat till a time that you don't know when to use will not help your bitcoin portfolio grow in a fast pace. Front loading is also a good approach to use to boost your bitcoin portfolio size faster.

Bitcoin accumulation is intentional, either DCA, aggressive buying or Front loading. First of all, any investor must be very observant not to get involved in investing his backup funds and emergency funds either unknowingly or intentionally. This does not matter whether it's the Dip or as at when the fund is available. Using up your back up funds to place you at the risk of selling off your bitcoin at a loss when emergency comes. Invest Aggressively if you can, but be sure not to tamper with your backup funds.

No, I disagree on this your last statement here, I mean the words in your statement I made bold, it's only emergency funds you don't temper with no matter what, because it's stands as a shield against any unforseen emergencies in the future, and it's meant to combat real life emergency that may threatens your holdings, but in the case of back up funds, it's primary duty is to give you that financial leverage to act on some things that may impact your holdings positively,  like giving you the leverage to buy aggressively when there is a serious dip in the market.

 So what am trying to say is that it's only emergency funds that should not be tempered with unless their is a real life emergency, but in the case of a back up fund's, you can use it to buy aggressively during a dip unlike emergency funds that is not to be tempered with.

Looking at previous pages you will realize that we have been discussing various kinds of backup funds,

1, emergency funds, which should be used for real emergency, unplanned expenses

2, Reserve funds,  can be used for a planned expenses including buying the dip,

3, Float funds, another extra savings that can be use for a specified expense,

They are all backup funds to help in putting through those good investments practices, emergency funds is also part of the backup funds and the rest of them so we should be specific when making references to any to avoid misinterpretation and misunderstanding.

Another impression of yours that I think is wrong is about relating investors level of aggressiveness with the market condition like buying the dip, out level of aggressiveness should be more emphasis on investors cash flow and the available discretionary income and not be consider in terms of any market conditions.

[Jostern]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

I CANNOT believe that I made that post SIX YEARS AGO! Has it been really that long? I still remember I was working with my grandfather in his antique shop, doing almost nothing while waiting for his wealthy clients, then play Live Craps during my lunch-break. It was good money if you could make a sale.

 

I hope this topic has helped you in your Bitcoin journey ser. Buy The DIP, DCA or both, it's your choice. BUT HODLing is what's important.

Indeed this thread have been a revelation to me ever since I came in here, The topic that have been discussed here have helped me in an unimaginable way that I don’t even know where to start, I’ve really learnt how to invest in Bitcoin and also how to continue accumulating, I have also learnt how to invest and accumulate using the DCA method, I have learnt how to build my portfolio successfully using the right approach of having emergency funds set aside, and also having a reserved funds, before now I used to think that I can only start investing in Bitcoin when I have a huge source of income, but coming here I’ve learnt that I don’t have to start investing or accumulating on a large scale, but I can start investing little by little with a discretionary funds using the DCA method, but most importantly investing for a long term and hodl for a long term.

[Spaceman1000$]

This would be possible if the person is earning way higher than $60k per year or luckily Bitcoin price drops down to $50k or they would have to increase the yearly intervals they have set to accumulate the 4.5 Bitcoin.

I am not going to presume that the bitcoin price is going to drop... sure it might, but we should not be making our plans based on things that are out of our control.. Yet, each of us should be able to figure out how much of our income that we can put into bitcoin and then therefore how much bitcoin we might speculate that we are able to accumulate through our various accumulation strategies.

In addition, the presumably possibility that price will drop is a 50/50 chance but however, focusing on price drop to accumulate is basically if not the same thing with wasting to try to find the best entry point. hence it's more of a better opinion to figure out how much you're willing to sacrifice for bitcoin within your discretionary income. if we have enough it's even more advisable to buy aggressively as long as we can afford it without tempering with our daily expenses which will lead to deeping hands into our investments.

I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation.  Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target. You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

If I have $5000 to invest in Bitcoin over a space of 6 months and within this period I expect that price may correct a little before continuing the upward movement, I can decide to allocate $4000 into DCA purchase spread across the 6 months and then keep the balance of $1000 to buy the dip should I see the correction. This is not a bad way to proceed and is how I understand buying the dip to mean.

If I have $5,000 right now, I will not invest all my money in Bitcoin at once, but I will divide this $5,000 into several parts and invest it continuously according to that. That is why I will not invest all my money in Bitcoin at once because if I invest at once, I will have an investment at any point in the price, but when I divide this $5,000 into multiple parts and invest it, it will be seen that I will be buying Bitcoin during many positive and negative changes in the market, which will result in my investment not being much more. Basically, I can directly consider this investment as a DCA investment strategy. In the case of DCA investment strategy, the issues are similar. In the case of DCA investment, investors usually invest continuously based on their income. In this case, when I have $5,000, just as I will invest continuously from this $5,000, I will also separate a part of my income so that when I finish investing this $5,000, I will continue to invest continuously again.

Of course, it's good to use such huge amount of money to invest wisely to that you can benefit from all market conditions. What I will do with such amount of money is to share it into three parts. $3000 for DCA in which I will spread it over several weeks so that I can put into practice regular weekly buying so that it can be part of me to always buy every week whenever I have the funds to keep my bitcoin investment ongoing. The second part which is $1000, I will lump sum immediately and use the last $1000 to buy at the dip. It's good to mix various accumulation strategies when you can because it will make your bitcoin investment grow in a fast pace.

Sincerely I would love to feel the chemistry of mixing different strategies the same time at a particular investment period In my accumulation journey, not like being a jack of all trade but just having the feeling of just trying to see what it looks like with different strategies at the same time while having some substantial amount with you, I think this sort of practice will expose you to the advantages of each strategy, and you will be left with the experience that at one point in your accumulation journey you had the guts to experience how logically each of these strategies could be, then afterwards you can go back to the strategy that best suits your income.

[POPOLUV]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.

Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.

Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.

Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively

You need to understand that any amount of money you have from your discretionary income that can use to buy Bitcoin comfortably without struggling to sort out your other important needs is your own level of aggressiveness and it doesn't happen by forcing yourself to do it, forcing yourself means that you are being over aggressive since at that you will be buying Bitcoin with money that should be used to sort out your other important needs and that is were it is bad.

I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.

Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.]/b]

Having a steady cash flow shouldn't be a reason for any investor to go at any length investing and building his portfolio, there must boundary or limit to which he should be investing and that is investing within his discretionary income and to his own comfort not to any length.

Since you said that having a steady cashflow should not be the reason why an investors can invest to any length, these length is the same  thing as buying Bitcoin at his own comfort, that is as his discretionary income can carry.

You should know that have a steady cashflow will make an investors to invest more and will not be in a haste of making use of short term investment but he can leave the investment for like 4-10  years.

Let me said for instance a newbie that doesn't have a discretionary income, he can't not buy Bitcoin aggressively simply because he is starting and there is know discretionary income, and it will take the grace for such investors to allow his investment for 4-10years or more of having an emergency fund that can help to back it up.

So having discretionary income will give an investor courage not only for buying Bitcoin aggressively but it will also help in building up an emergency fund ana building his Bitcoin portfolio with potentiality in him to have the patient enough to wait for 4-10 years.