Buy the DIP, and HODL!

[MainIbem]

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.

Some investors really have a misunderstanding concerning that which is why you'll see them wait for the dip to acquire a large chunck of Bitcoin, they don't understand that while doing the DCA you can still acquire a large portion of Bitcoin so far you have the required funds for it intact, you mustn't really wait for Bitcoin to go dipper cause that's a waste of opportunities. The good thing about the DCA is that you can still use that particular strategy and still buy Bitcoin in large portion while on it and a massive dip occurs, Bitcoin investment is not something that's very tough to comprehend.

[Promocodeudo]

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.

You have a point here, I think some investors don't understand that DCA method is a strategy of buying Bitcoin in a flexible way since we can buy with this method at all time irrespective of the market status at anytime given time wether during the dip or upsurge this method allows us to break in easily with what we can afford consistently.
Why will anyone even wait in the first place, the risk involved in waiting outrightly for the dip to buy is very much, you can wait and the dip refuse to come when you targeted it, since you don't control the market you can't necessarily say that you know when the dip will come,, so you might be discouraged along the line.

The idea you outlined is good, if an investor insist to buy the dip, the investor can follow the approach you just mentioned, the main thing here is that such investor has started investing already with DCA so to make it very easy for himself to still buy during the dip as he wanted he can go by this method or still he can still decide to have other plans aside the amount he uses for DCA, save it up and my be buy higher in a reduced price during the dip as he has always wanted.

[ZeroVinsonN]

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.

This is true, any investment method is good as long as the investor understands what they are doing, Lump purchase, buying the DIP and DCAing works wonderfully well if applied in the right manner, for newbie investors, DCAing is the best way to go about it for them as it is easier and less stressful, it also accommodate an investor's financial standing as anyone can invest with this method with however amount of money they want to invest with, with the key to succeeding through this method being consistency and dedication, any investor can also invest with buying the DIP as long as they are prepared for it, waiting for the DIP is not exactly advisable since alot of investment opportunities can be lost while waiting for the DIP, Lump purchase should also only be done when an investor has the necessary finance then back it up, being careless in this method can lead to bankruptcy and premature sale of ones bitcoin potentially at a loss since there might have been a price decrease during time of sale.

[Silikiem]

To invest in Bitcoin, you definitely have to be wealthy.

Your statement here is getting me concerned and worried in the sense that it will be too misleading especially to the newbies causing them to have a perceived increased in anxiety and heartbeat. They will be jumpy and restless as a result of the fear which your statement above will strike in their body. From my experience so far, I don’t think you must be wealthy before you can invest in bitcoin. Investing in bitcoin isn’t that cumbersome as your statement is trying to make it look like because weather wealthy or not, what is only needed at the end of the day to accumulate bitcoin is to be able to figure out just a discretionary income to accumulate bitcoin and hold for the long term goal. The DCA method has made it easy and affordable for everyone to accumulate and invest in bitcoin no matter your level of income or wealth. You only need to figure out a discretionary income to accumulate and invest in bitcoin and we don’t judge being successful in bitcoin investment with one’s abundance of money or wealth. An amount as low as $5 can be used to accumulate bitcoin and using the DCA method of accumulation you can be able to accumulate either weekly or monthly depending on how your income flows and gradually build up your portfolio for the long term goal.

[Kelward]

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.

DCA method is the most effective strategy to buy and hodl Bitcoin for the long term, it is what keeps you focused to be able to sustain through many years. DCA method of accumulation should be a lifestyle for you to fit into the mindset of buying from your discretionary funds whenever your income or profit drops into it. DCA is not just for low income earners who can barely sustain their discretionary funds, it is also for the rich, institutions and even governments. If you make budget for your earnings as a Bitcoin investor then you need DCA method.

waiting for the perfect entry point to buy the dip is not necessary for long term investors because no matter the price you buy now Bitcoin will reach a new ATH. Bitcoin is a volatile asset and nobody knows exactly when any dip can happen or if it will happen. As Bitcoin value is reaching new heights the more likelihood that it cannot dump to certain prices again so buy when you have the funds to do so.

[Graph001]

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.

I agree with you that you don't need to be rich to invest in Bitcoin. You can start with a small income if you want. But you can also think that if you have a stable source of income, deep buying will be more convenient. Since this is a long-term investment system, you can think of it like the stronger the roots of a tree, the better the growth of that tree. You must be patient. Don't get discouraged. Take your time, observe, learn and apply.

[Pandorak]

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.

Very appropriate. Basically what you need to start investing is not wealth, but cold money, or money allocated from your income after your basic needs have been met. This is what we often refer to as discretionary income. Even someone with a small income can still invest, as long as you have a small portion of your income left over without sacrificing your daily needs, then you can start accumulating Bitcoin. Make purchases using the DCA method, which is one of the best methods. You can make purchases even in small amounts, such as $10 per week or more, the most important thing is to be consistent in maintaining your investment. You can increase your purchases as your income grows, allowing you to allocate more discretionary income toward investing. So, instead of waiting until you're wealthy to start investing, it's wiser to begin now by utilizing the discretionary income you have. Because time is more valuable than waiting for the perfect moment to start accumulating Bitcoin.

[Xhowdhury]

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.

What you said about keeping separate money for buying in the dip is a variant of DCA. I don't think so.

Understand my point a little better. We all know that DCA means investing a certain amount of money at regular intervals. No matter how much the market rises or falls, while investing in the DCA method, the investor will continue to invest at a certain interval.

On the other hand, Buy the Dip is waiting for the price to fall and then buying. If the price does not fall, then it will be seen that there will be no buying. If you keep waiting for the dip and if the price does not appear, then you will not be able to enter the market. So in my opinion, if you have extra money, keep investing it using the DCA method. This will keep your portfolio growing.

Not as a variant of DCA, if you want, you can buy extra along with DCA if the market falls. This is an additional opportunity. But it cannot be called a variant of DCA. I think DCA is the backbone of investment and buying in the dip can be an additional strategy or opportunity.

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.

You are right that buying on dips is not actually a variant of DCA. However, I think this discussion needs to add something important. That is time risk and price risk.

The DCA method reduces time risk. Because you can buy Bitcoin regularly as long as you are getting income. Whether the market rises or falls, you can gradually move your position towards success. On the other hand, people cannot buy anything while waiting for the dip.

On the other hand, buying on dips reduces price risk. Because you are waiting then trying to buy at a discount.  But in reality, no one knows when the price will drop or even reach your target level. As a result, time increases risk. Sometimes the price just keeps going up. Then the investor cannot buy Bitcoin. He is left with only fiat. Which seems to me to be a hidden disadvantage. Because the sooner you can enter the market, the longer you can hold on to your investment. And the longer you can hold on to your investment, the more opportunities there are.

[Bluebird1357]

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.

I agree with you that you don't need to be rich to invest in Bitcoin. You can start with a small income if you want. But you can also think that if you have a stable source of income, deep buying will be more convenient. Since this is a long-term investment system, you can think of it like the stronger the roots of a tree, the better the growth of that tree. You must be patient. Don't get discouraged. Take your time, observe, learn and apply.

To invest anywhere, the first thing you need is income. If you have a regular income, you don't need to be rich to invest in Bitcoin. What you need is regular income, patience for long-term investment and proper planning. If you have these things, you can buy Bitcoin on a monthly, weekly or regular basis. And if you buy Bitcoin regularly, a fixed amount at a fixed time, then this process is called DCA. This is a safe investment method for everyone.

[Frankolala]

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.

You are contradicting yourself. Why will you say that bitcoin investment is only for the wealthy and later you are saying the a low income person can invest. Don't you understand what you are saying.

Don't get it twisted bitcoin investment is for all both the rich and poor, both for those who have a sensible income and those who don't have because all a new investor needs is his discretionary income in order for him to start his bitcoin investment.

DCA method has made it much easier for the poor with a  discretionary income to invest in bitcoin. Moreover, it's not everyone with a sensible income that will be a successful bitcoin investor if he does not have proper planning on how to go about on his bitcoin accumulation.

For a start, it's not compulsory for you to be consistent in your DCA if you don't have the steady discretionary income, you can just buy first and be a low coiner while you start figuring out how to improve your income by cutting down your expenses and look for a second means of income to enable you get a regular discretionary income in ordee for you to keep your bitcoin accumulation ongoing with persistent and consistent for 4-10 years and above.

[New Judgement]

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.

Well am assuming that you were drunk before you made this post, because nothing you said here made any sense to me. What has mirror got to do with Bitcoin investment?

To invest in Bitcoin, you definitely have to be wealthy.

You are spilling crap here, how many of us here was that wealthy before we started investing in Bitcoin? So if total newbie who hasn't invested in Bitcoin before come to you for guidance on how to get started, is the shit you say to such person? Am ashamed of you for saying this. As long as you have a means of livelihood you can invest in Bitcoin. Do you know what it takes to be categorize as a wealthy person?

[Just Common]

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.

As soon as, I agree with you on some points. Just as it is better to be a little rich to invest in Bitcoin, if one wants to invest in Bitcoin then he must have patience and know about Bitcoin.

[ChocolateBitcoinK]

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.

Some investors really have a misunderstanding concerning that which is why you'll see them wait for the dip to acquire a large chunck of Bitcoin, they don't understand that while doing the DCA you can still acquire a large portion of Bitcoin so far you have the required funds for it intact, you mustn't really wait for Bitcoin to go dipper cause that's a waste of opportunities. The good thing about the DCA is that you can still use that particular strategy and still buy Bitcoin in large portion while on it and a massive dip occurs, Bitcoin investment is not something that's very tough to comprehend.

It is true that many new investors simply think that waiting for the dip to come is the best strategy, and as a result, they will be able to deposit Bitcoin in the best way and at a lower price, but the reality is that as they think, they will never achieve anything as they expect, Bitcoin never works as anyone expects, here you only have to buy consistently, only then you will be able to deposit Bitcoin in the best way, the best method of Bitcoin investment is DCA, so you must move your investment forward through DCA, if you deposit Bitcoin regularly, without depending on market volatility, it will be deposited Bitcoin with the best benefits.

[sotelorene]

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.

I agree with you that you don't need to be rich to invest in Bitcoin. You can start with a small income if you want. But you can also think that if you have a stable source of income, deep buying will be more convenient. Since this is a long-term investment system, you can think of it like the stronger the roots of a tree, the better the growth of that tree. You must be patient. Don't get discouraged. Take your time, observe, learn and apply.

To invest anywhere, the first thing you need is income. If you have a regular income, you don't need to be rich to invest in Bitcoin. What you need is regular income, patience for long-term investment and proper planning. If you have these things, you can buy Bitcoin on a monthly, weekly or regular basis. And if you buy Bitcoin regularly, a fixed amount at a fixed time, then this process is called DCA. This is a safe investment method for everyone.

Having a regular income to use and invest in Bitcoin is not bad or wrong but you can still invest in Bitcoin without a regular income so long as you can get discretionary income  and it won't affect you in any way but any income that we can not generate our discretionary income from should not be used in Bitcoin accumulation because they will definitely sell off or have an unsuccessful investment. But regular income will help an investor have a great portfolio that is if they are consistent and follow everything accordingly.

[Stormisover]

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.

You have a contradictory ideas, you said one definitely have to be wealthy to invest in Bitcoin and you also said that a low income earner can invest in Bitcoin and that is different thing, there is no wealthy person that can be a low income earner, discussion has been made severally that what if required to invest in Bitcoin is the availability of a discretionary income and that obviously means you don't need to be wealthy to invest in Bitcoin, I wish you knew what is meant to be a wealthy person then you will not bring it in to the picture of saying that one have to be definitely wealthy to invest in Bitcoin, when we know that with the help of DCA strategy you mentioned anyone that have a discretionary income can invest in Bitcoin.

[Ryu_Ar1]

It would indeed be ideal if we had a stable income, but in the context of investing, I believe that even if we don't have a very stable income, as long as we can manage our finances well, then ultimately we can still invest.
The most important thing in this case is how we manage our finances and create a good budget plan so that we can support ourselves and our daily needs, while also setting aside money that we can use for investment.

As you said, we can invest even if our income is not stable—if we manage our finances well. But it is also true that investing will always be risky if we do not have a stable income.

Because an unexpected event—such as losing a job or a sudden illness—can weaken our financial management. Then we may be forced to decide to sell our investments.

Yes, investing can be done without a stable income. But with a stable income, the investment will be stronger, more confident, and more reliable.

If the objective is long-term investment, then only the money that will not cause a big problem in life if lost should be used. Investing with unnecessary fear is not sustainable in the long run.

Finally, investing must be consistent with our objectives and priorities. Having a stable income makes investment planning more reasonable and brings discipline to decision-making.

Regardless of whether our income is stable or not, investments will always carry risks, and this is also true for Bitcoin, as the risks are inevitable and significant. However, in this case, risk does not mean that we should avoid it, because such things cannot be separated, and it would be ridiculous if we wanted to be involved in Bitcoin but did not want to accept the risks as part of the consequences that we will inevitably face.

Therefore, minimizing risk ultimately becomes an alternative solution (not meaning risk-free) but reducing it as much as possible through various methods, including for the long term, because we know that in the end, the long term is always the answer to minimize risk in Bitcoin investment compared to those who force themselves into trading.

As for unforeseen circumstances, they must also be considered. Therefore, as I emphasized from the beginning, financial management is crucial because we cannot exercise control or even force ourselves when we lack a solid financial plan from the start.

[Alonso_]

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.

Well am assuming that you were drunk before you made this post, because nothing you said here made any sense to me. What has mirror got to do with Bitcoin investment?

To invest in Bitcoin, you definitely have to be wealthy.

You are spilling crap here, how many of us here was that wealthy before we started investing in Bitcoin? So if total newbie who hasn't invested in Bitcoin before come to you for guidance on how to get started, is the shit you say to such person? Am ashamed of you for saying this. As long as you have a means of livelihood you can invest in Bitcoin. Do you know what it takes to be categorize as a wealthy person?

You seems to be saying so much for just a correction you’re making here, that is not the right way of trying to correct someone who you think have made a statement contrary to what is being discussed here, you should at least try to show some respect with your statement.

You can try to be respectful, with how you intend to respond to the statement, I think we’re all here to learn from people, and most individuals are here to learn, and people can also make mistakes, what you should do is correct people politely if you intend to correct someone.

You’re here to learn, judging from your account being a newbie and I’m also here to learn as a newbie, so you could try to slow-down with your words.

[Baki202]

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.

Some investors really have a misunderstanding concerning that which is why you'll see them wait for the dip to acquire a large chunck of Bitcoin, they don't understand that while doing the DCA you can still acquire a large portion of Bitcoin so far you have the required funds for it intact, you mustn't really wait for Bitcoin to go dipper cause that's a waste of opportunities. The good thing about the DCA is that you can still use that particular strategy and still buy Bitcoin in large portion while on it and a massive dip occurs, Bitcoin investment is not something that's very tough to comprehend.

People have become wiser now when it comes to buy the dip before people will want to wait until the price of Bitcoin go down before they buy but things are now looking different because the moment people have money people are buying in respect of the market condition and that is one of new step that people are taking and no matter how the market is they are diving into the market become they already know the worth of bitcoin. They are taking advantage because everyone wants to make money.

And DCA have helped a lot of investors to archive there goal because it make investing easy for people and people are becoming wiser and wiser every day so they want to make money and with patience and consistency I'm buy before you know people have been able to acquire a large amount of bitcoin because bitcoin is capital intensive so the best way to invest is to keep buying and buying until the goal is archived.

[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.

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.

As soon as, I agree with you on some points. Just as it is better to be a little rich to invest in Bitcoin, if one wants to invest in Bitcoin then he must have patience and know about Bitcoin.

From my observation with what you’re saying, you’re implying that its better for someone to be rich first before Investing in bitcoin and technically I think that’s what you also mean by saying if one wants to invest in bitcoin, then he must have patience and know about bitcoin.
Well, i don’t have a problem with anyone being rich to invest In bitcoin, but my question is are you going to wait until you’re rich before investing in bitcoin or are you going to let your desire to invest In bitcoin to die off simply because you feel you’re not rich enough to invest In bitcoin?. I think it’s been emphasized here in this thread and many other threads in the forum that bitcoin investment is not an investment meant for the rich alone, as a matter of fact anyone can accumulate bitcoin and hold using just a discretionary income to do so. You don’t need to be Rich before accumulating and investing in bitcoin, no matter your financial status, all what is needed to accumulate and invest in bitcoin is just a discretionary income. You must not wait until you have all the money in the world before investing in bitcoin, once you’re desirous to invest in bitcoin all you just have to do is to be able to figure out a discretionary income to use and accumulate bitcoin gradually and hold for the long term goal, using the DCA method to accumulate and gradually build up your portfolio. Along the line as you’re accumulating bitcoin, you can be figuring out ways to improve your finances or income to use and be able to figure out a discretionary income to invest with.
Also, you don’t have to wait to know more about bitcoin before getting started In bitcoin accumulation and investment, just a basic knowledge and a discretionary income to use and accumulate bitcoin and you’re good to go, because you’ll surely get to be able to learn more about bitcoin along the line as you’re accumulating and investing in it, and also be able to make more informed decisions regarding how to improve your investment. That time you are using to wait to know more about bitcoin would have been used to accumulate a reasonable amount of bitcoin stash and gradually build up your portfolio for the long term purpose.

[IceLincoln]

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.

You can’t be confused about this, being a Hero member of the forum, how can you say saving money to buy the dip is a variant of Dollar cost average (DCA), and again saying a variant “is the safest way to do intelligent DCA work”, where have you seen a variant better than the original.., that’s by the way.

What you’re saying is just buying the dip and it’s not advisable to keep money aside to buy dips especially if you’re low coiner still in your early stage of accumulating bitcoin. Just DCA regularly and consistently for this is the best strategy for most situations, you can be DCAing regularly and you get to buy at the dips too, just don’t keep money waiting to buy at the dip.