Buy the DIP, and HODL!

[JayJuanGee]

Bitcoin Investment is all about for discipline in other to succeed if not you will just be at the fence watching, without a normal source which I think you are talking about steady income, you can still have your discretionary income if you are serious about investing into bitcoin, you can get it from any job you do that fetches you income ,even if quarterly, or annual job as long as you have made up your mind and are serious about it, if you can't get discretionary income from your present income is to look for a supportive source of income to make you a bit stable and invest, bitcoin Investment using the dca strategy does not need much money just %10 only whenever you have funds on you and since the t is for a long-term it will be beneficial to you, and if you don't have money to continue your investment, you can pause until you start having money and then continue from where you stop .

I agree, the truth is this makes me remember that on the Spanish board I said something like that and I didn't know that leaving some discretionary income to buy on the dip was a variant of the DCA method, because the DCA method consists of buying daily, weekly, monthly whatever the quota of money to accumulate, I thought that some other income to buy on the dip was another strategy or method and no, it turns out that it is the variant, but it is the safest way to do intelligent DCA work.

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

The reason that discretionary income involves money that you can afford to lose because you make a choice.
Discretionary income can be spent on anything whether investment, consumption or savings, so you can choose to totally gamble it away, if you like.

You may well make a choice to invest into bitcoin with all of your discretionary income or you might choose some portion of that discretionary income to go into investing rather than buying cigarrettes..  and yeah, cigarrettes are equally valid if a person chooses to use his discretionary income to buy cigarrettes  and perhaps some other thriller, exciting and expensive habits that a person might have.

The person with the expensive habits might find that when he arrives 10 years down the road that he had not made any financial progress in life.  He thought that he was happy with his various expensive habits, yet maybe 10 years down the road he is in his 50s rather than his 40s, and he is finding that his income is going down or he is not able to earn as much money, and even though he had a lot of fun in his youth, he has nothing to show for it.

He made choices when he was in his 20s, 30s and 40s, and some people choose to focus on investing, others choose to focus on consuming  and perhaps some choose to focus on saving, yet if they kept their money in cash rather than assets (such as bitcoin), then they might find that their savings did not appreciate in value and instead it lost value... so we make choices, and there are consequences to our choices, and discretionary money means that we can choose to do whatever we like whether it is investment consumption or savings.

I would not say to do only one of them, yet we can figure out out to strike a balance since we likely need to bring ourselves some pleasures, yet if our budget is tight, we might have to choose to figure out how to prioritize investing, even if investing means that we won't be able to consume as much in the present.

None of us can tell anyone else whether to prioritize cigarettes over investing... and part of the idea of discretionary is that we can do what we like with it, which is a reason why some folks refer to discretionary income as disposable income... meaning we can throw it away if we like, and when we invest into bitcoin maybe we might think that we are throwing it away, and we are willing to wait 4-10 years or longer before we will start to cash in on the investment, and we are not guaranteed to be in profits, but we invest into something like bitcoin that we believe is more likely to be profitable than not.

You’re absolutely right, discretionary income is quite discrete which is why it’s something that we can easily afford to do whatever we feel like doing with our discretionary income,

Discretionary and discrete are not the same ideas - not when it comes to labelling choices when it comes to choices of how to spend income.  Discrete has a different meaning, so I would not have said that choices regarding how to spend discretionary income is discrete, because that would be confusing and even filled with gobbledy gook to say something like that.

it’s quite our own responsibility to decide whatever we feel it’s comfortable for us to deal with it, an individual can always choose to gamble with it with playing whatever they feel like doing with their discretionary income and they can also choose to save the money somewhere in the bank that will not have any future interest unlike bitcoin that we would have opportunities for future interest, Some individuals save them as fiat money and also be thinking of having fun with their discretionary income, like buying expensive clothes and shoes and also buying cars and living an expensive lifestyle, or be clubbing with their discretionary income, but the truth is that Bitcoin doesn’t stop and individual from living their life or probably be enjoying their life as they feel like doing or doing whatever that makes them happy like going for basketball games or soccer games, but it’s important and necessary for an individual to consider his life choices and decision, because there will be a time where we would definitely have to think about the choices that we have made when we were younger and then when we get older what would have become our decision and choices that we made when we were young, so using our discretionary income with something reasonable like buying and investing into bitcoin which would be a good decision for a lifetime.

It is true that we can use discretionary money however we like, and there are trade-offs to defer pleasure today of possible greater pleasure tomorrow.  Frequently guys will prefer to have pleasure today rather than pleasure tomorrow, since tomorrow might not come.. but yeah, sometimes when people fail/refuse to defer gratification, they can sometimes end up putting themselves in a bad situation later down the road since they failed/refused to sufficiently/adequately invest earlier in their lives... and there is a cost to investing, so it is not free to make those kinds of trade offs, and so people have to decide what they believe is a sufficiently reasonable balance for their own circumstances.

However we know there are people who can constantly have a discretionary income and have this basic expenses but we should consider not making a mistakes that will affect our lives in a long term, and also we can try to strike a balance with our lifestyle and our basic expenses because investing in bitcoin doesn’t stop us from having a good fun life, which is why we are investing in bitcoin with our discretionary income and we can possibly have control of this funds instead of the money to control our decisions, as an individual I can possibly consider buying bitcoin with my discretionary income instead of appreciating whichever possible lifestyle and might seems like we are throwing money away, then we can decide to invest with some of this discretionary income, because we might not possibly invest all our discretionary income, but if I decide to invest with all my discretionary income and I know it’s sustainable that is also quite good, then as an investor I can decide to invest in bitcoin for one or two circles depending on my lifetime goals and plans which will be a better decision of holding bitcoin for a long term, instead of throwing our discretionary income into something that would seems like we’re wasting our money on unnecessary spending and then we are making mistakes, well I must say right now that I’m in my accumulation journey I shouldn’t be having any time to appreciate lifestyle choices, instead I would prioritize buying more bitcoin and doing it more aggressively with caution.

Of course, each person has to assess his own situation and weigh the extent to which he believes that investing in bitcoin as compared to investing somewhere else as compared with consumption is good for his situation, and surely the more money that a guy has then the more likely he has more options to generate more discretionary income and to do more than one thing at a time.  Some people struggle more than others to generate discretionary income, and sometimes people come to differing conclusions in regards to calculating the trade-offs and/or the sacrifices that might be involved to get into bitcoin or to venture in other areas.

Sure, many of us recognize bitcoin as being a great place to put time, energy and value, yet not everyone is going to come to the same conclusion or a similar conclusion.

[edited out]

Honestly, man, i still don’t fully get this whole “discretionary income” thing.  from what i understand  it’s just money you can lose without wrecking your life. So i’m sitting here thinking if i skip a pack of smokes and throw that into Bitcoin, ten years later maybe my lungs are healthier and my wallet’s fatter. Sounds like a win-win, right? but then the other side of me goes what if Bitcoin tanks? then i’ve got no smokes and no gains. Double loss that’s where the confusion kicks in.
one thing I am starting to realize, though, is that nobody’s saying “only invest” or “only live it up.” the real trick seems to be balance. like, say i skip a pizza today and toss that cash into Bitcoin  one day maybe that turns into enough for the whole family combo.

So yeah, i’m still a total newbie, half the time my thoughts are scrambled, but common sense tells me this: don’t blow all your extra cash, just mix it up a little fun, a little stackin.

You don't sound confused.

Sure you might have to practice with the ideas for a while and put such ideas into practice within your own life - without being flippant about it, and surely, you might be able to learn to take bitcoin and your cashflow seriously and even learn about bitcoin (and your own self - finances and psychology) along your journey into building up a bitcoin stash and strengthening your cashflow management systems and practices.  And, yeah, all of what you do may or may not end up improving your life and giving you more options by investing into bitcoin as compared to not investing into bitcoin, as you noted that possibility to be part of the mix of things that could end up happening in your life.  

You could make all kinds of great plans, and have everything going for you, and the next thing you know, you got hit by a bus and kilt.  You also could try to figure out some balance, and maybe you get hit by the bus and maybe you don't, and if you end up putting yourself in a better position 4-10 years down the road due to your balanced practices that involve investing, reasonably improved cashflow management practices and some kind of balanced consumption, then yeah, you may or may not be in a better place due to your various efforts.. and bitcoin may or may not be $1-10 million in 10 years.. .it could be ONLY $20k..  

You don't really know the future or the various outcomes, and what outcomes might be more likely than other outcomes, even though if you educate yourself on various matters related to the world, money bitcoin and other topics that might affect you, then you may well be able to put yourself in better positions that you are able to fit into a variety of possibilities, yet how you deal with these matters is in your hands, and what you consider would be the better ways to prepare yourself for a variety of future scenarios would also be within areas that you likely could control.

These are matters that are on you to figure out the various kinds of preparations in regards to attempting to control things that you are able to control and accounting for various possibilities of things that could come at you from things that you either cannot control or that you might only be able to partially control.   There is a mixed bag in life and some folks start out with better tools in their bag, and others are able to acquire some of the better tools along the way to improve their situation at various points along the way, even if there are a lot of challenges in the world and even some bad things going on too.

[UchihaSarada]

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

Waiting for dips is like doing technical analysis and wait for good time and price for entries. It's very different and opposite with core purposes of Dollar Cost Averaging strategy: To eliminate all technical analysis; to get rid of emotional and psychological effects on timing the market, finding good or best price for entry.

By opposite purpose of dip purchases compare to DCA purchase, I have enough reasons to say they are different strategies and I very agree with your opinion here too. This dip-waiting for purchases is only good for every experienced investors while with newbies, just do what DCA suggests: Learn fundamentals of Bitcoin, work for money and prepare your investment capital, use investment capital for regular purchases. It's how DCA strategy is about and created for.

[Showlove01]

I can decide to invest in bitcoin for one
Putting in  discretionary income into your Bitcoin investment dosent automatically guarantee an investor more earning. See ehn Bitcoin is not like some kindd of savings accounts where you keep putting in money without having a clear plan or strategy.  Cos if you do so you would end up losing more than you bargained for. That is why in addition to having your discretionary income every investor should also have a clear strategy like DCA (Dollar Cost Averaging) coupled with having an emergency funds...... It is only when this three combos are properly applied (which is  having a discretionary income, emergency funds and then having a strategy like DCA),  that an investor can boast of having more earning but then this earning mostly comes in the long run( 4-10 year+).

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.

If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.

I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

[Tungbulu]

Bitcoin Investment is all about for discipline in other to succeed if not you will just be at the fence watching, without a normal source which I think you are talking about steady income, you can still have your discretionary income if you are serious about investing into bitcoin, you can get it from any job you do that fetches you income ,even if quarterly, or annual job as long as you have made up your mind and are serious about it, if you can't get discretionary income from your present income is to look for a supportive source of income to make you a bit stable and invest, bitcoin Investment using the dca strategy does not need much money just %10 only whenever you have funds on you and since the t is for a long-term it will be beneficial to you, and if you don't have money to continue your investment, you can pause until you start having money and then continue from where you stop .

I agree, the truth is this makes me remember that on the Spanish board I said something like that and I didn't know that leaving some discretionary income to buy on the dip was a variant of the DCA method, because the DCA method consists of buying daily, weekly, monthly whatever the quota of money to accumulate, I thought that some other income to buy on the dip was another strategy or method and no, it turns out that it is the variant, but it is the safest way to do intelligent DCA work.

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

DCA and Dip buying are mostly mentioned together that some folks might even feel as though they are the same or that one is a variant of the other, but just as you’ve rightly and vividly noted, they are both two different concepts and approaches which is equally backed with different mindsets. The fundamentals of the DCA strategy is consistency, it has no business with timing the market or waiting for DIP before an investor deploys his funds to buy Bitcoin, rather waiting around and targeting a particular price range, the DCA strategy prioritizes steady accumulation. One of the main advantages or strengths of the DCA strategy is the fact that it takes away waiting, hesitation and any form of guesswork. As long as the money is there, all you gotta do is put it in based on the schedule you choose that suits perfectly well with your individual factors, regardless of the price. Most investors has landed themselves in such a messy situation simply because they felt they could and attempted to outsmart short term market volatility, but with the DCA approach, you get the chance to participate in the market with having to put yourself into any form of pressure.

Although on the other hand, we could consider the dig buying strategy as opportunistic by design. The strategy is quite conditional and thereby could potentially limit you from being actively involved in Bitcoin, simply because you’re waiting for the best entry point. And one thing most people don’t really understand about DIPs is the fact that that expected DIp may likely not come when you’re expecting it to, while you’re busy waiting, the price might be busy climbing and climbing and you’ll just be holding that cash and this here is a a major trade off.

So yeah, you’re totally right , DCA is more about certainty and consistency, while  buying on dips is more about attempting to capitalize on conditional opportunities. They are not the same and shouldn’t be treated as one but one can actually supplement the other which kinda shows a balanced and strategic approach.

[Catenaccio]

Putting in  discretionary income into your Bitcoin investment dosent automatically guarantee an investor more earning. See ehn Bitcoin is not like some kindd of savings accounts where you keep putting in money without having a clear plan or strategy.

By using your discretionar income for your investment capital, you are safe at least in a way of almost no need of touching your investment capital by need of any regular spendings, bills and even emergencies as you already reserved your income for those things in other financial parts. The investment capital is only from your financial part of discretionary income and after minusing all necessary regular needs.

This investment practice gives you more solid financial foundation that backs your investment more strongly and you don't need to cash out your investment by any regular bills or emergencies. This will help you holding your bitcoin strongly for long-term investment and with Bitcoin, it has been demonstrated by its history that a long time (counted in years) of holding, a better ROI an investor can achieve.

This ROI chart of Bitcoin and other assets with years proves what I said. Use this chart, zoom out like 10 years and get how dominating performance Bitcoin has compares to gold, S&P500 and Long US bond.
https://casebitcoin.com/charts#roi_chart

[Silikiem]

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.

If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.

I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

It’s pertinent that one who’s desirous to go into bitcoin investment to get started immediately as far as he’s able to figure out a discretionary income to use and accumulate and invest in bitcoin and hold for the long term purpose first. When you’re into something as volatile as bitcoin then you’ll be able to learn more about it and have a more clear understanding on how to make important investments decisions which will further improve your investment. A clear picture of how your investment should look like is for you to have the long term investment goal mentality.

[Bigjoe33]

I can decide to invest in bitcoin for one
Putting in  discretionary income into your Bitcoin investment dosent automatically guarantee an investor more earning. See ehn Bitcoin is not like some kindd of savings accounts where you keep putting in money without having a clear plan or strategy.  Cos if you do so you would end up losing more than you bargained for. That is why in addition to having your discretionary income every investor should also have a clear strategy like DCA (Dollar Cost Averaging) coupled with having an emergency funds...... It is only when this three combos are properly applied (which is  having a discretionary income, emergency funds and then having a strategy like DCA),  that an investor can boast of having more earning but then this earning mostly comes in the long run( 4-10 year+).

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.

If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.

I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

''He that fails to plan, plans to fail'' , it's an established fact. A newbie or an investor who just got up and enters into Bitcoin accumulation without proper thought, views and plans of how his investment journey or process would look like is already planning to fail because he wouldn't be in charge of such investment.

However, it first starts with interest to accumulate, because not everyone will invest in Bitcoin. Having gotten interested, your income is considered. You look at your available discretionary, after settlement of all basic needs and/or expenses. It is at this point you decide the strategy that you will use to acquire Bitcoin, either a lump sum, buy the dip or the DCA strategy. All of it can be used to acquire Bitcoin, but then, your available discretionary at the point will help you determine the best strategy to employ that will suit your investment at the moment. While a high income earner with a bigger discretionary income can for for buying the lump sum, and /or buying the Dip, a low income earner, with little discretionary income will rather go for the DCA strategy which allows him acquire Bitcoin slowly.

 Talking about the importance of emergency funds, Such investor accumulating Bitcoin using the DCA strategy can also build up his emergency funds alongside side his investment journey from his discretionary income gradually while also looking for other means to improve income in other to improve his investment generally. The emergency funds no doubts helps to sustain and give you strength through your journey as it will survive you through lives rough period, making you not to tamper with your Bitcoin holdings and allow you Hodl for long.

[Tmoonz]

I can decide to invest in bitcoin for one
Putting in  discretionary income into your Bitcoin investment dosent automatically guarantee an investor more earning. See ehn Bitcoin is not like some kindd of savings accounts where you keep putting in money without having a clear plan or strategy.  Cos if you do so you would end up losing more than you bargained for. That is why in addition to having your discretionary income every investor should also have a clear strategy like DCA (Dollar Cost Averaging) coupled with having an emergency funds...... It is only when this three combos are properly applied (which is  having a discretionary income, emergency funds and then having a strategy like DCA),  that an investor can boast of having more earning but then this earning mostly comes in the long run( 4-10 year+).

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.

If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.

I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

''He that fails to plan, plans to fail'' , it's an established fact. A newbie or an investor who just got up and enters into Bitcoin accumulation without proper thought, views and plans of how his investment journey or process would look like is already planning to fail because he wouldn't be in charge of such investment.

However, it first starts with interest to accumulate, because not everyone will invest in Bitcoin. Having gotten interested, your income is considered. You look at your available discretionary, after settlement of all basic needs and/or expenses. It is at this point you decide the strategy that you will use to acquire Bitcoin, either a lump sum, buy the dip or the DCA strategy. All of it can be used to acquire Bitcoin, but then, your available discretionary at the point will help you determine the best strategy to employ that will suit your investment at the moment. While a high income earner with a bigger discretionary income can for for buying the lump sum, and /or buying the Dip, a low income earner, with little discretionary income will rather go for the DCA strategy which allows him acquire Bitcoin slowly.

 Talking about the importance of emergency funds, Such investor accumulating Bitcoin using the DCA strategy can also build up his emergency funds alongside side his investment journey from his discretionary income gradually while also looking for other means to improve income in other to improve his investment generally. The emergency funds no doubts helps to sustain and give you strength through your journey as it will survive you through lives rough period, making you not to tamper with your Bitcoin holdings and allow you Hodl for long.

You didn't include buying with DCA to be used by a high income earners? It is mostly advisable to use the dca as a newbie investor even as high income earner than using the lump sum or buying the dip because the DCA strategy will work you down the road of understanding the market. A high income earners can also use the DCA strategy, you need to understand that DCA strategy is not limited to only those with a little discretionary income but it can use by all levels of investors and secondly anyone can take advantage of buying the dip too provided that they planned for it.

[Barikui1]

You didn't include buying with DCA to be used by a high income earners? It is mostly advisable to use the dca as a newbie investor even as high income earner than using the lump sum or buying the dip because the DCA strategy will work you down the road of understanding the market. A high income earners can also use the DCA strategy, you need to understand that DCA strategy is not limited to only those with a little discretionary income but it can use by all levels of investors and secondly anyone can take advantage of buying the dip too provided that they planned for it.

Buying the dip is never a bad idea as long as you are not waiting for it before buying, you can be buying regularly through the dca accumulating strategy weekly or monthly, but once their is a strong dip in the market, you may decide to buy aggressively only if you have a reserve fund to do it, but if you don't have a reserve funds in place to take advantage of the dip, their is no point getting worked up or trouble about it, just continue your dca accumulating strategy and this time try to set up a reserve funds because the dip will surely come again in the future, but waiting for it before buying is a very big mistake any Bitcoin Investor will ever do to himself, because waiting for a dip before buying will make him miss a whole lot of buying opportunities that would have made him add more unit of Bitcoin to his stash if he had been buying and accumulating regardless of it price.

[ChocolateBitcoinK]

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.

If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.

I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

It’s pertinent that one who’s desirous to go into bitcoin investment to get started immediately as far as he’s able to figure out a discretionary income to use and accumulate and invest in bitcoin and hold for the long term purpose first. When you’re into something as volatile as bitcoin then you’ll be able to learn more about it and have a more clear understanding on how to make important investments decisions which will further improve your investment. A clear picture of how your investment should look like is for you to have the long term investment goal mentality.

Maintaining the right mindset is of great importance in Bitcoin investment, the market is volatile, so you have to start with small amounts and learn slowly, as a result, your Bitcoin holdings will continue to accumulate and you will continue to gain real experience, so you will continue to move forward in both directions. It is important to create your own strategy step by step, over time, with patience and in the long term, but those who enter the market only thinking about quick profits are often disappointed. So here you have to set long-term goals, Because its volatility is its real potential, so don't be unduly afraid of it, rather you have to maintain a long-term mindset with patience, it will not make you rich quickly, but if you hold it effectively in the long term, your future financial future will have a good chance of achieving great success.

[As-Soon-As]

Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.
If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.
I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.

It’s pertinent that one who’s desirous to go into bitcoin investment to get started immediately as far as he’s able to figure out a discretionary income to use and accumulate and invest in bitcoin and hold for the long term purpose first. When you’re into something as volatile as bitcoin then you’ll be able to learn more about it and have a more clear understanding on how to make important investments decisions which will further improve your investment. A clear picture of how your investment should look like is for you to have the long term investment goal mentality.

To invest in Bitcoin, you definitely need a sensible income, why can't you invest and move forward if you have a mirror and don't have a good source of income. To invest in Bitcoin, you definitely have to be wealthy. A low-income person can invest in Bitcoin if he has the mindset and desire to invest. That's why it's most important to invest in Bitcoin according to the DCA method, because the DCA method is easy for any person and investing in Bitcoin is most important for him to further secure his future through income.

[Futurexxx]

To invest in Bitcoin, you definitely need a sensible income, why can't you invest and move forward if you have a mirror and don't have a good source of income. To invest in Bitcoin, you definitely have to be wealthy.

As soon as I think you are wrong here, you don't need to have a sensible income before you can invest in Bitcoin, all you just need is a discretionary income, money left after all basic needs have been met, once you you can figure out your discretionary income from your source, it doesn't matter how small it is, you are good to go.
And take note that you are terribly wrong to say that to invest in Bitcoin you definitely have to be wealthy, Bitcoin investment is open to all including the rich and the poor, as long as you have a discretionary income to get started.

[Emjay24]

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

Waiting for dips is like doing technical analysis and wait for good time and price for entries. It's very different and opposite with core purposes of Dollar Cost Averaging strategy: To eliminate all technical analysis; to get rid of emotional and psychological effects on timing the market, finding good or best price for entry.

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

[Fuso.hp]

The reason that discretionary income involves money that you can afford to lose because you make a choice.

Snip

You clearly explained what discretionary income is money you can freely choose how to spend. This freedom makes people choose to invest buy things or save. However every choice has consequence: if you spend all your money on expensive habits now you might regret it later when you have no savings. We need to find balance between enjoying life now and investing for future. For example putting some money into Bitcoin is choice that might lead to growth unlike just saving cash which loses value over time. Ultimately these small choices control our financial future.

People work so hard just to earn money, that is, investing money is the center or purpose of physical and mental labor, but there is only one thing, that is to earn money. Just as we have to work physically and mentally to earn money, we should also think about how we are spending money. We have money now, so if we continue to spend money without planning for the future, then when my income will not be the same, then we may face financial problems. It is always wise to think about the future, a person is earning a good amount of money now, so he is living a good life, but he is not planning for the future, so his future is uncertain, but in addition to earning a good amount of money now, he is saving some money for the future and investing some money, but they are showing wisdom and they will have a good support in the future that even if a financial crisis arises, they will be able to deal with that crisis with the money saved, as well as use their previous investments for any future need.

[Jostern]

To invest in Bitcoin, you definitely need a sensible income, why can't you invest and move forward if you have a mirror and don't have a good source of income. To invest in Bitcoin, you definitely have to be wealthy. A low-income person can invest in Bitcoin if he has the mindset and desire to invest. That's why it's most important to invest in Bitcoin according to the DCA method, because the DCA method is easy for any person and investing in Bitcoin is most important for him to further secure his future through income.

Your statement seems to be very misleading, because you’re sounding all confused, well
I don’t really know what you mean by sensible income, but to my understanding you just need a discretionary income to invest in bitcoin and decide to hold for a long term interval.

However you don’t need a good source of income, what you should endeavor to have is a discretionary income and this money that could be used for whatever purpose but you have to decide to invest that money into bitcoin, and you don’t have to be wealthy to invest into bitcoin, you can start investing into bitcoin little by little on a regular basis and that would be more efficient.

But I must say that you’re mixing things up and you sound confused with your statement for saying you need to be wealthy to invest into bitcoin, and latar saying that a low income earner can still invest into bitcoin, well I must say that you sound confused.

[Taskford]

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

Waiting for dips is like doing technical analysis and wait for good time and price for entries. It's very different and opposite with core purposes of Dollar Cost Averaging strategy: To eliminate all technical analysis; to get rid of emotional and psychological effects on timing the market, finding good or best price for entry.

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

Always not a good idea if they think that way. Knowing that the market is unpredictable so for sure that those people cannot able to track on when those dips would really happen.

They are wasting their time for waiting for that what they called perfect timing they think and most provably that they are just slowing down their accumulation then provably doing that thing is unsustainable especially if they see something scary scenario on market that can possibly affect their decision to buy some Bitcoins.

I'd choose not to take any technical situations since for me buying Bitcoin directly at whatever price show up is ideal especially if you are doing DCA with Bitcoin.

[Finebone]

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

This your illustration is entirely not a bad idea, but I think that if you have a reserve funds in place while buying regularly with your dca accumulating strategy, you can easily buy a huge chunk of Bitcoin during the dip with your reserve funds if you have it in place.
The only problem and where i tend to have problem with most Bitcoin investors is that they wait for it and stop their accumulation entirely, which i think will limit them in accumulating or reaching their Bitcoin over accumulation status early.

[Emjay24]

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

Waiting for dips is like doing technical analysis and wait for good time and price for entries. It's very different and opposite with core purposes of Dollar Cost Averaging strategy: To eliminate all technical analysis; to get rid of emotional and psychological effects on timing the market, finding good or best price for entry.

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

Always not a good idea if they think that way. Knowing that the market is unpredictable so for sure that those people cannot able to track on when those dips would really happen.

They don't need to track anything, simply setting buy orders in exchanges can help them keep track of it and execute when the price cuts across such price.

They are wasting their time for waiting for that what they called perfect timing they think and most provably that they are just slowing down their accumulation then provably doing that thing is unsustainable especially if they see something scary scenario on market that can possibly affect their decision to buy some Bitcoins.

I'd choose not to take any technical situations since for me buying Bitcoin directly at whatever price show up is ideal especially if you are doing DCA with Bitcoin.

You're missing the point here and I'm doubting that you really read the write-up you quoted. There was no indication of stopping your consistent DCA buys in it, instead the suggestion there was to invest 4/5 of your buy amounts and save up 1/5 separately for buying the dip when they occur and if they don't, put the saved funds back to work by using it to increase your aggressiveness in buying Bitcoin for as long as it can last

[Spaceman1000$]

I would not consider holding aside money to buy on the dip to be a variant to DCA, even though buying on dips could be a way to supplement DCA.

Buying on dips is not a variant of DCA because it is different. It does not guarantee buying right away and as soon as you have money, but instead it conditions the buys for if the price dips.

Buying on the dip may or may not happen, since in order for buying on dip to take place the BTC price has to go down to the targeted price level in order for the buy(s) to execute.  If the BTC price does not go down enough to reach the targeted amount(s), then the buy(s) do not execute.

DCA can be designed to buy as soon as you have money coming in, and it is not conditioned on price changes.

Waiting for dips is like doing technical analysis and wait for good time and price for entries. It's very different and opposite with core purposes of Dollar Cost Averaging strategy: To eliminate all technical analysis; to get rid of emotional and psychological effects on timing the market, finding good or best price for entry.

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

Better still, you can increase the allocation size of your DCA if you sense a dip and if their is available of funds on your side as an investor. But if the dip still doesn't come, you can revert back to your original lot size, continuing from where you stopped. For me, that's one strategy I person use when the need arises, because I don't have the luxury of waiting for the dip as it can come unpredictably, so my DCA keeps me going smoothly till their a perceived dip to leverage on.

[Marvelockg]

You can still buy dips without necessarily waiting, I believe DCA and dip buying can co-exist without stopping your regular buys.  You can always share your DCA amount into 5 parts and maintain your consistency with 4 parts and continue saving the 1 party consistently until your desired dip surfaces and you lump sum on the dip with already accumulated funds for it and if the desired dip doesn't come by, you buy up with the saved funds or use it to increase your aggressiveness for a while.

This your illustration is entirely not a bad idea, but I think that if you have a reserve funds in place while buying regularly with your dca accumulating strategy, you can easily buy a huge chunk of Bitcoin during the dip with your reserve funds if you have it in place.
The only problem and where i tend to have problem with most Bitcoin investors is that they wait for it and stop their accumulation entirely, which i think will limit them in accumulating or reaching their Bitcoin over accumulation status early.

The very idea of an Average as used when describing dollar cost average is that you are going to be at the DIP, at some peak and some relatively middle price range in the process of your accumulation. all combined together makes up your total dollar cost average because if for instance you are buying every week and you intend doing so for a period of five years, during that period, you are going to experience everything that comes with bitcoin and within that period, you are going to buy the DIP which is a better way of buying during the DIP rather than waiting for so long just because you want to buy the DIP.

A four year investment plan for instance, is a long period of time that allows you to buy your bitcoin using a combination of all the investment strategy. waiting for a comfortable DIP before buying is a waste of time and from how the price of bitcoin has remained relatively stagnant for a long period of time, it tells of how long you might likely continue waiting for a DIP that might instead of coming result to an increase in the value of bitcoin which will only mean that you have to wait for a longer period of time.