Buy the DIP, and HODL!

[Crytohillss]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

[Crakryptvest]

Waiting for the dip is not common among newbis but it's what traders and gamblers does though some persons who don't understand Bitcoin investment will always think that the best time to accumulate Bitcoin is when the price is low but that's not it meanwhile you are only delaying your investment journey, the best is the accumulate persistently and consistently using the DCA strategy because this strategy kills the time of waiting for the dip because you are accumulating regardless of the price of Bitcoin.

There are people that think that the best time to buy is during the dip although some of them are harmless what I mean by harmless is that they are ignorant, they may have that understanding that they can actually buy Bitcoin with the DCA strategy at every point in time, but to traders who we know as those that have short term mindset, the just deceive themselves because of their over anxiousness to make quick profit.
What most people don't understand is that when they are ready to invest in Bitcoin, nothing should breach them and long as they have their discreationary income ready.

[Proty]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

It is not an essential or crucial to make research before getting started. As for getting started the most important thing is to be able to figure out if we have discretionary income to start investing with. Once you are able to figure out your discretionary income then you start accumlating bitcoin. It will not be a good idea not to start investing in bitcoin when we have figured out our discretionary because of the idea of making research before starting.

[As-Soon-As]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Not only in the current situation but in any situation, Bitcoin investment in the DCA method is more advanced and falls within the scope of a suitable plan. Many investors are afraid to invest their own money, now is the right opportunity for all those investors. At this time, if one can follow the DCA method according to the Bitcoin investment rules and keep it for a long time, then of course that person will be able to achieve his success very easily.
Therefore, investing in Bitcoin in this current situation is most important, because if Bitcoin is kept for a long time according to the DCA method, the chances of profit are highest. Therefore, using the DCA method is most effective for that investor to handle this situation.

[GoldBitcoin112]

quote author=JayJuanGee link=topic=5132720.msg66796089#msg66796089 date=1780546698]

This is trading, we're talking about investment here, buying low and attempting to sell high isn't an investment practice at all, investors are meant to hold their purchases for the long-term period of 4 - 10 years or longer. It's wrong to be investing based on price. Buying the dip should be about getting more quantities to add to your portfolio for long-term holding and not to sell when the price hits $80k again.

The reality is that most people underperform because they are trying to observe entries and exit in a market that's notoriously unpredictable, sometimes consistently accumulation over the years without overc complications think often ends up with good results regular purchasing and holding through the volatility would have rewarded patience for more than steady chasing short term moves.in Bitcoin case the long term trend has historically favour discipline accumulating over trying to outsmart every market swing.

Learn how to quote Crytohillss.

I did not say the portion above that you attributed to me.

Bobrox is both retarded and off topic to be talking about trading, especially for such meager levels of supposed profits to the extent that he can even get it right... and I really doubt that his historical method of fucking around trading has put him even close to as prosperous as he could have had been if he had stayed focused on buying and holding bitcoin rather than fucking around with trading.

I felt he's an investor that has held long enough to be fit for withdrawal not knowing he's a trader claiming to be an investor, well I'm not suprised cause lately many people who claim to be investor mostly have a trader mentality and when they lose using a traders mentality for investment they'll end up thinking Bitcoin is a wrong choice of investment.

 Anyone who can't be disciplined enough to stay atleast 4 years before thinking of withdrawal of some portions of what they're holding has no business with investment nor come to an investment discussion thread to talk about investment with the mindset of a trader which is early profit and impatients.

I just made a post in another thread suggesting that it is tending to take longer for guys to get to a point that their investment really is going to potentially be able to justify sustainable withdrawal - if that might be their goal, so one or two cycles seem to be the bare minimum, even for guys who might have had been able to invest at fairly high percentages of their income.

That's a nice observation. The increasing maturity of Bitcoin and it's larger market capitalization means that the outsized profits seems in earlier cycle are becoming less common.as a result even investors who allocate a significant portion of the income may likely want to remain patient, disciplined through multiple market cycles before reaching a stage where sustainable withdrawals become realistic. This reinforces the vital of having a long-term plans, consistent accumulation, and realistic expectations rather than waiting on a quick profits. time in the market continues to be one of the most recommended and valuable factors for building a tangeble and meaningful wealth.

[Egii Nna]

Waiting for the dip is not common among newbis but it's what traders and gamblers does though some persons who don't understand Bitcoin investment will always think that the best time to accumulate Bitcoin is when the price is low but that's not it meanwhile you are only delaying your investment journey, the best is the accumulate persistently and consistently using the DCA strategy because this strategy kills the time of waiting for the dip because you are accumulating regardless of the price of Bitcoin.

Waiting for dip before you can buy bitcoin is a very wrong approach, DCA is the best option to accumulate bitcoin overtime. But still I see this dip as an opportunity to get money quickly, which is for those that have discretionary funds, as it an opportunity for them to buy bitcoin aggressively, because in short period of time now bitcoin will rise up again, and that will be just like a jackpot for us, because I will also take the advantage of this dip to accumulate more bitcoin on a cheaper rate, this is an opportunity for a easy money. Am also buying bitcoin using DCA method, but that won’t stop me from using this opportunity to accumulate more as bitcoin is never enough.

Furthermore, newbies that are not familiar with this might be afraid of the dip, which I will not also advise them to use all they have to accumulate more bitcoin now in the dip. But they should start gradually and using DCA will be the easiest way for them to accumulate bitcoin overtime, and the most important aspect of it, is for them to control their emotions, because if you become too greedy you will end up losing your investment.

[Mame89]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

It is not an essential or crucial to make research before getting started. As for getting started the most important thing is to be able to figure out if we have discretionary income to start investing with. Once you are able to figure out your discretionary income then you start accumlating bitcoin. It will not be a good idea not to start investing in bitcoin when we have figured out our discretionary because of the idea of making research before starting.

In my opinion, conducting research before investing remains important even crucial especially for an asset as volatile as Bitcoin even if you have disposable income before investing.

I believe understanding the nature of Bitcoin and its history is fundamental especially given its highly volatile nature. Without a basic understanding you'll be more easily swayed by emotions. Furthermore, understanding this allows you to determine appropriate strategies especially for DCA and long term holding. What I mean is, we need to understand the cause of Bitcoin current decline and what's next. All of this can be understood if you have a basic understanding of Bitcoin.

Don't fall into the category of the majority of people who buy because the price is rising not because they understand the asset. You must understand that Bitcoin always moves in a four year cycle to have strong confidence in it.

[Silikiem]

Waiting for the dip is not common among newbis but it's what traders and gamblers does though some persons who don't understand Bitcoin investment will always think that the best time to accumulate Bitcoin is when the price is low but that's not it meanwhile you are only delaying your investment journey, the best is the accumulate persistently and consistently using the DCA strategy because this strategy kills the time of waiting for the dip because you are accumulating regardless of the price of Bitcoin.

Waiting for dip before you can buy bitcoin is a very wrong approach, DCA is the best option to accumulate bitcoin overtime. But still I see this dip as an opportunity to get money quickly, which is for those that have discretionary funds, as it an opportunity for them to buy bitcoin aggressively, because in short period of time now bitcoin will rise up again, and that will be just like a jackpot for us, because I will also take the advantage of this dip to accumulate more bitcoin on a cheaper rate, this is an opportunity for a easy money. Am also buying bitcoin using DCA method, but that won’t stop me from using this opportunity to accumulate more as bitcoin is never enough.

Furthermore, newbies that are not familiar with this might be afraid of the dip, which I will not also advise them to use all they have to accumulate more bitcoin now in the dip. But they should start gradually and using DCA will be the easiest way for them to accumulate bitcoin overtime, and the most important aspect of it, is for them to control their emotions, because if you become too greedy you will end up losing your investment.

As a long term bitcoin investor it will be very bad to see the dip as a means of getting money quickly because such mindset is the mindset of traders who are in for a quick short profit making mindset and not really a true investor. The dip isn’t an opportunity for quick profit and as a matter of fact anyone seeing bitcoin as a means of getting quick profit is just a trader who wait to buy when its dip and sell quickly when they notice a little increase there by disrupting the long term investment and holding plan. As a long term investor, everyday is an opportunity for you to buy bitcoin provided you have the discretionary income available, not only when its dip because you can buy bitcoin at any market price which is the opportunity presented to us through the DCA method of accumulating and investing in bitcoin. It is true that everyone will be happy to buy bitcoin at a very cheap price but the dip is not an opportunity of making quick money but rather use it to buy more at such a reduced price and add to further improve your portfolio and gradually reach your accumulation target and hold for long term goal. Bitcoin is not a get rich quick investment but a long term investment.

[Umulala-alala]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

It is not an essential or crucial to make research before getting started. As for getting started the most important thing is to be able to figure out if we have discretionary income to start investing with. Once you are able to figure out your discretionary income then you start accumlating bitcoin. It will not be a good idea not to start investing in bitcoin when we have figured out our discretionary because of the idea of making research before starting.

In my opinion, conducting research before investing remains important even crucial especially for an asset as volatile as Bitcoin even if you have disposable income before investing.

I believe understanding the nature of Bitcoin and its history is fundamental especially given its highly volatile nature. Without a basic understanding you'll be more easily swayed by emotions. Furthermore, understanding this allows you to determine appropriate strategies especially for DCA and long term holding. What I mean is, we need to understand the cause of Bitcoin current decline and what's next. All of this can be understood if you have a basic understanding of Bitcoin.

Don't fall into the category of the majority of people who buy because the price is rising not because they understand the asset. You must understand that Bitcoin always moves in a four year cycle to have strong confidence in it.

It can't take a day to know some basic things about bitcoin, conducting more research will only be delaying your investment since we can be buying BTC and also be learning in the process, to get started in investing in bitcoin what you need is your discretionary income and basic knowledge about bitcoin which can't more than a day to know. The cause of the decline and rise of bitcoin is it volatility it's already a volatile asset which we don't know when it will decline or increase. So to get started you need some basic knowledge and your discretionary income buy regularly with the dca strategy and hodl for 4-10 or even more than that.

[Zackz5000]

Waiting for the dip is not common among newbis but it's what traders and gamblers does though some persons who don't understand Bitcoin investment will always think that the best time to accumulate Bitcoin is when the price is low but that's not it meanwhile you are only delaying your investment journey, the best is the accumulate persistently and consistently using the DCA strategy because this strategy kills the time of waiting for the dip because you are accumulating regardless of the price of Bitcoin.

Waiting for dip before you can buy bitcoin is a very wrong approach, DCA is the best option to accumulate bitcoin overtime. But still I see this dip as an opportunity to get money quickly, which is for those that have discretionary funds, as it an opportunity for them to buy bitcoin aggressively, because in short period of time now bitcoin will rise up again, and that will be just like a jackpot for us, because I will also take the advantage of this dip to accumulate more bitcoin on a cheaper rate, this is an opportunity for a easy money. Am also buying bitcoin using DCA method, but that won’t stop me from using this opportunity to accumulate more as bitcoin is never enough.

Furthermore, newbies that are not familiar with this might be afraid of the dip, which I will not also advise them to use all they have to accumulate more bitcoin now in the dip. But they should start gradually and using DCA will be the easiest way for them to accumulate bitcoin overtime, and the most important aspect of it, is for them to control their emotions, because if you become too greedy you will end up losing your investment.

What do you mean by you see the dip as an opportunity to get quick money are you a trader? or you want to say that you see the dip as an opportunity to accumulate more Bitcoin in a lower price and hodl for long. Traders who panic during the dip end up selling in lost so if they sell they are losing because that wasn't the entry price they bought and they bought with with hope of getting an increase so they could sell and make some little profit now the fear of it getting more dip makes them to sell on lost because they never had any plans to hodl there Bitcoin for long. Don't also be over aggressive by not using your discretionary income because you are accumulating at a cheap price and hoping to sell when the price rise you are only gambling and not investing

[Bitcoin-Forever]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Investors have the advantage of being on a long-term profitability when they take their time to follow the right pattern that is needed as a strategy for them to use.

Bitcoin investment is also an opportunity that makes one to depend on the process because you don't have to panic or struggle in order to achieve what you wanted as long as you apply the red strategy that is best for you to use, now that the market is falling is even more advantage for those that are willing to buy the dip, the more they invest the better it becomes for them to make more profits with their investment over time.

[DiMarxist]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Those who concern themselves about the right entry are people I will discribed as not been committed to Bitcoin because there is nothing like right entry when it comes to investments in Bitcoin. The most important thing is knowing the right strategy to apply in your approach to Bitcoin, most people talk about DCA because this approach has shown times without number that you can be actually profitable if you focus on long term investment plan rather than looking for so called right entry points which don't exist if you ask me.

[Jewan420]

What do you mean by you see the dip as an opportunity to get quick money are you a trader? or you want to say that you see the dip as an opportunity to accumulate more Bitcoin in a lower price and hodl for long. Traders who panic during the dip end up selling in lost so if they sell they are losing because that wasn't the entry price they bought and they bought with with hope of getting an increase so they could sell and make some little profit now the fear of it getting more dip makes them to sell on lost because they never had any plans to hodl there Bitcoin for long. Don't also be over aggressive by not using your discretionary income because you are accumulating at a cheap price and hoping to sell when the price rise you are only gambling and not investing

The price decline brings the most benefits to long-term investors, the price decline is not a favorable environment for traders. For long-term investors, the current dip or the price decline is a great opportunity, for long-term investors, these times are basically the best opportunities to stock up on more Bitcoin at a low price. But most traders face the most losses during this price decline.

So, it is more profitable to cultivate the mentality of a long-term investor than to cultivate the mentality of a trader. Keep doing DCA and enjoy the dip. When you see your fund in the green in the bull market, you will definitely thank yourself for taking the opportunity of the price decline.

[Charcol]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

It is not an essential or crucial to make research before getting started. As for getting started the most important thing is to be able to figure out if we have discretionary income to start investing with. Once you are able to figure out your discretionary income then you start accumlating bitcoin. It will not be a good idea not to start investing in bitcoin when we have figured out our discretionary because of the idea of making research before starting.

In my opinion, conducting research before investing remains important even crucial especially for an asset as volatile as Bitcoin even if you have disposable income before investing.

I believe understanding the nature of Bitcoin and its history is fundamental especially given its highly volatile nature. Without a basic understanding you'll be more easily swayed by emotions. Furthermore, understanding this allows you to determine appropriate strategies especially for DCA and long term holding. What I mean is, we need to understand the cause of Bitcoin current decline and what's next. All of this can be understood if you have a basic understanding of Bitcoin.

Don't fall into the category of the majority of people who buy because the price is rising not because they understand the asset. You must understand that Bitcoin always moves in a four year cycle to have strong confidence in it.

There is no need to have so-called "basic knowledge or basic ideas" at the beginning of investing. What is needed at the beginning of investing is discretionary income. If someone has discretionary income, then the excuse of not having "basic knowledge or basic ideas" should not be a barrier to investing.
Do you know a common problem of many beginners?
When they do additional research, they cannot even start.
 Some new investors think that you need to research Bitcoin before investing. I would like to tell them that you don't have to know everything to start. If you have discretionary income except expenses, then you can start saving now. Because learning never stops once you start. Rather, you can learn from real experience once you start. And once you start, your interest in learning increases even more. And if you don't know about wallets, self-custody, then you can also start from exchanges. Using exchanges to start is not a bad idea. At some point, when you are ready for your own custody, it is better to bring your own wallet. Because while using exchanges to start at the learning stage is not a bad idea, our ultimate destination is self-custody.

[Brizi5000]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Investors have the advantage of being on a long-term profitability when they take their time to follow the right pattern that is needed as a strategy for them to use.

Bitcoin investment is also an opportunity that makes one to depend on the process because you don't have to panic or struggle in order to achieve what you wanted as long as you apply the red strategy that is best for you to use, now that the market is falling is even more advantage for those that are willing to buy the dip, the more they invest the better it becomes for them to make more profits with their investment over time.

if i can get you clearly, the red strategy you’re referring to as the best strategy is buy the dip strategy. And why do you think that buying the dip is the best strategy for a long term investor especially one who just got started with bitcoin investment without having any reasonable amount of bitcoin stash to his portfolio, don’t you think that this strategy have every tendency of making them to wait until the price is low and dropped to their desired price before they can buy bitcoin which is going to slow them down with their long term accumulation and investment plan because waiting for the dip that they are not sure of when it will happen will make them end up even giving up with the entire investment and not getting to buy bitcoin and invest.

 And even if the dip happens what is the possibility that it will come down to their desired dip. Normally it feels good buying bitcoin at low price but that shouldn’t be the main strategy for a real long term investor because the dip may or may not happen and considering the high volatility of bitcoin, it is wise for a long term investor to focus more on regular buying of bitcoin with the DCA strategy using their discretionary income either weekly or monthly basis to accumulate bitcoin at any market price and hold to enable them reach their accumulation goal.

and if the dip occurs along the line while ongoingly accumulating bitcoin regularly with the DCA, it will be an added advantage for them to still take the moment to buy more bitcoin and add for their investment growth and long term purpose. It’s a trading mindset to wait until its dip before buying bitcoin so they can sell immediately for a quick profit when they see a little increase.

[BluebloodCXVI]

Bitcoin deposits are strategic reserves. Because the modern world is dependent on technology, the economy will be digital as well. Bitcoin is expected to be the most widely used currency in the digital world. So wise people do not sit idly by after learning about Bitcoin; instead, they want to keep as much of it as possible. In this instance, if they have discretionary income, they begin investing in Bitcoin with it. And strive to enhance the discretionary income so that more Bitcoin may be generated.

Those with first and discretionary income can then begin investing in Bitcoin DCA. Yes, it is necessary to have cash flow to enrich the Bitcoin portfolio; this, together with the emergency fund, makes the Bitcoin portfolio more sustainable, and discretionary income allows you to store Bitcoin for numerous cycles without risk.

One thing i’ve come to realize is that stacking bitcoin is one thing, but being able to keep it is another thing.
It's easy to focus on how much bitcoin you're buying, but if an unexpected bill comes up every few months and you have to dip into your stack, it becomes difficult to truly think long term and that’s why i believe growing your income is part of the bitcoin journey too because the stronger your cash flow becomes, the less pressure there is to touch your holdings when life happens so you basically got tmore time on your side, and time is one of the biggest advantages that a long-term holder can have.
To me, i believe that financial stability and bitcoin accumulation go hand in hand because the more stable your finances are, the easier it is to stay patient and let your investment thesis play out without constantly worrying about the next expense.

[Jaycoinz]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Those who concern themselves about the right entry are people I will discribed as not been committed to Bitcoin because there is nothing like right entry when it comes to investments in Bitcoin. The most important thing is knowing the right strategy to apply in your approach to Bitcoin, most people talk about DCA because this approach has shown times without number that you can be actually profitable if you focus on long term investment plan rather than looking for so called right entry points which don't exist if you ask me.

If you are waiting for the right time to start your investment then you are still not ready or convinced with the price and with this sought of mindset there is absolutely no way you are going to go far even if you finally decide to start because you will end up selling your Bitcoin when you get to see the market dip again, it will just be one big whole circle for you because your mentality you used in starting isn't the right one. There are so many persons that have waited for the price to be at convenience before buying and in the end still failed to start.

[JayJuanGee]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

It is not an essential or crucial to make research before getting started. As for getting started the most important thing is to be able to figure out if we have discretionary income to start investing with. Once you are able to figure out your discretionary income then you start accumlating bitcoin. It will not be a good idea not to start investing in bitcoin when we have figured out our discretionary because of the idea of making research before starting.

One of the ONLY things that a newbie investor to bitcoin needs to do before getting started buying bitcoin is to make sure that he has discretionary funds.  If he cannot figure it out or he is not sure, then he should not get started.  Another thing that a newbie needs is common sense so that he can figure out what he knows or does not know, so even if he is able to determine that he has discretionary funds, his common sense would likely help to inform him about how aggressive or whimpy he should be, and I would think that most normal people with common sense would start out slow so that they can make sure that they are comfortable with how they are starting out and perhaps figuring out how much time they are going to need to spend learning about bitcoin, whether they are able to spend an hour a week or perhaps more or maybe they figure that they can start learning about bitcoin after 4 weeks based on what they have going on in their life... so it is not like a newbie does not need to know anything, and especially the most important thing is his ability to determine that he has discretionary funds and that he is able to start to buy bitcoin within the discretionary funds that he has.. and perhaps identifying areas that he might need to learn about that might relate to investing (if he does not have any investing experience/knowledge) and even identifying the extent to which he has back up funds and the extent to which he might need to strengthen any cashflow management systems/practices that he already has in place.

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Not only in the current situation but in any situation, Bitcoin investment in the DCA method is more advanced and falls within the scope of a suitable plan.

How is DCA advance?  It seems to me that DCA is within the grasp of an overwhelming majority of normies to learn, and so DCA does not require special skills to be able to learn about and to carry out.

Many investors are afraid to invest their own money, now is the right opportunity for all those investors.

My assumption is that an overwhelming majority of normal bitcoin investors are ONLY investing their own money and not the money of other people.  One of the great things about bitcoin is that anyone is able to buy it and invest into it as long as they have discretionary funds.

At this time, if one can follow the DCA method according to the Bitcoin investment rules and keep it for a long time, then of course that person will be able to achieve his success very easily.

Huh?  now you are saying that bitcoin is guaranteed to bring profits on a long time line, and that is not true.

Therefore, investing in Bitcoin in this current situation is most important, because if Bitcoin is kept for a long time according to the DCA method, the chances of profit are highest. Therefore, using the DCA method is most effective for that investor to handle this situation.

You are making little to no sense. 

If a person is either brand new to bitcoin or if maybe they have been around bitcoin for a short time, so they ONLY have a low amount of bitcoin, then anytime is a good time to get started buying bitcoin based on their either not having any coin and/or their having a low amount of bitcoin. 

Yet, each person still has to figure out their own ways of buying bitcoin, whether it is weekly and otherwise, and it is probably a good thing for them to figure out how to make sure that they have sufficient back up funds, to the extent that they might not already maintaining some kind of a back up funds system/practice.

[edited out]

It can't take a day to know some basic things about bitcoin, conducting more research will only be delaying your investment since we can be buying BTC and also be learning in the process, to get started in investing in bitcoin what you need is your discretionary income and basic knowledge about bitcoin which can't more than a day to know. The cause of the decline and rise of bitcoin is it volatility it's already a volatile asset which we don't know when it will decline or increase. So to get started you need some basic knowledge and your discretionary income buy regularly with the dca strategy and hodl for 4-10 or even more than that.

I don't understand why you are telling anyone how much time they should take to figure out if they are going to get started investing in bitcoin.

Sure, many of us suggest that they are able to get started investing in bitcoin as soon as they figure out that they have discretionary funds, yet each person still needs to determine for themselves when they are comfortable getting started and what they believe they know or don't know and/or what they believe that they need to know.

Yeah, of course, I frequently suggest to get started as soon as possible, so long as they know that they have discretionary funds, yet it is still their own judgement when to get started and whether to buy $100 per week, $10 per week or some other amount... ..and if in their judgement they believe that they need to know x, y and/or z before they start, then that is their choice.

By the way, many of us recognize that getting started is one of the better ways of learning, as long as the person has discretionary funds, and so many times I will suggest that if a person knows that they could invest $100 per week without any problem, then maybe they might feel better to start out at $30 per week while they are getting comfortable with the bitcoin buying process and also making sure that they are comfortable with what they are doing with their discretionary funds and how their back up funds are able to assure that they are not investing beyond their discretionary funds.  Of course, there are some folks who are already quite experienced in investing and cashflow management, so they may well feel that they can start out more aggressively, and surely those judgements about what they know, their skills, their experience and any other factors are within their responsibilities to figure out what feels comfortable for them.. and even smart people are likely going to end up spending quite a bit of time looking into bitcoin and/or figuring out how bitcoin investing fits into their cashflow management systems/practices, otherwise, they will end up devolving into gambling and/or unnecessary risk taking if they are not somehow spending some time looking into bitcoin and/or cashflow management.

[Halifat]

If you're hesitant to buy Bitcoin based on the price, it will only lead to avoiding investing altogether. Doubt and fear are natural, but they won't go away unless we confront them. Perhaps you can learn more about the topic first, but even that doesn't guarantee confidence, and the price can't be predicted accurately.

Bitcoin continues to attract long term investors and strategies like DCA can help people reduce the stress of market volatility it is always important to do your own Research and understand the risks before investment. Many folks focus on trying to time the right entry but consistency often matters more DCA can be a practical approach for anyone looking to build exposure to Bitcoin gradually.

Not only in the current situation but in any situation, Bitcoin investment in the DCA method is more advanced and falls within the scope of a suitable plan.

How is DCA advance?  It seems to me that DCA is within the grasp of an overwhelming majority of normies to learn, and so DCA does not require special skills to be able to learn about and to carry out.

I agree with you that there's no any special skills for this DCA, i think all that is needed is a discretionary income, if all this requirements are met I think there's no anything special like skill for DCA. I recommend DCA strategy for so many people which I believe they are growing their bitcoin portfolio gradually without any stress. Discretionary income allow you to build your bitcoin portfolio with a very peace of mind because you are zone they are not doing anything just accumulating and before you know everything went as planned. Mind you you have to involve an emergency fund that is you grow it together alongside your investment to avoid any obstacles on the process.

[alankasman]

My assumption is that an overwhelming majority of normal bitcoin investors are ONLY investing their own money and not the money of other people.  One of the great things about bitcoin is that anyone is able to buy it and invest into it as long as they have discretionary funds.

That's true because it's better to invest in Bitcoin with your own money not borrowed money from others. The results of investing are often uncertain meaning you won't fully achieve the results you desire. Therefore if you invest with your own money no matter what happens you won't face any additional problems. Try investing with borrowed money of course this will only add to the problems we face. For example if you invest with someone else's money you'll experience losses. You'll experience two things first you'll have to repay the money and second you'll lose money after experiencing losses. Therefore as you said investing with your own money is better. If you don't have the money it's better not to invest in Bitcoin. Although the desire is always there our financial limitations prevent us from fulfilling our desire to invest in Bitcoin.

Huh?  now you are saying that bitcoin is guaranteed to bring profits on a long time line, and that is not true.

There's no guarantee of profit even if we invest long-term. Many people whether short-term or long-term invest simply to secure their finances in the form of their BTC holdings. This means accumulating Bitcoin to store the earnings they earn from other jobs. Without realizing it by consistently saving money even with a small amount of BTC they don't think about profits. They simply buy to convert the money into BTC which becomes an asset for their future. I completely agree with what you said. It's not true that anyone who says investing in Bitcoin guarantees profits.