JJG’s Outline of Bitcoin Investment Ideas

[JayJuanGee]

The dip strategy isn't a perfect strategy those who master buying only the dip are traders and they don't even master it because they never know when the dip will come and there plan to sell when the price goes up doesn't work out for them most times so i wouldn't include waiting for dip to be a perfect strategy and there is no correct way to apply on it.

The DCA strategy is good for me because it's a consistent accumulation of Bitcoin since we don't know how long it will take for the dip to come, when accumulating continuously with the DCA strategy will sure meet the dip and accumulate more then and this is better than waiting for the dip before buying.

There is no strategy that isn't good. Every strategy has its disadvantages as well as it's advantages and it won't be a bad idea if an investor decides to combine these strategies in accumulating bitcoin. Buying bitcoin during the dip is not a bad idea but waiting for the price to dip before starting to invest is what is bad. So it won't be a good idea if a newbie or a no coiner decide to wait for a dip to occur before buying or starting to buy bitcoin. But, this doesn't mean that buying the dip isn't a good strategy.

There's no need to say whether strategy A or B is bad. I think every investor perspective is certainly different because their purpose is the same, To accumulate Bitcoin and hold it for the long term.

Even in terms of individual purchases, investor A Buys using DCA with a regular Accumulation of 100 BTC per week, While Investor B accumulates 1 BTC per week. So, they differ Financially And in their Purchasing methods.

For those of us who are comfortable with DCA from the start, It's certainly better to continue with our weekly buying routine. If we can afford $50 per week or more, that depends on our discretionary income.

The important thing is Not to get too emotional when investing, Because the purpose of Investing is to change Your destiny, not to follow existing trends.

It is problematic to proclaim that everyone just do what they can, and perhaps if they have a certain timeline in which they would like to reach certain places, then they might need to try to be more measured.

It makes a difference if someone is investing 5% of his income into bitcoin as compared with someone who is investing 25%, and the progress will be quite meaningful even though some folks might be limited in how much they can push within what is available to them in terms of the amount of the discretionary funds or any of the other relevant factors that might be affecting how much they can invest into bitcoin and how consistently they can invest into bitcoin, including their readiness, willingness and/or abilities to build and manage their cashflows and to learn from their experiences.

All approaches are not equal, even though guys have discretion to choose how whimpy or aggressive that they are going to approach their bitcoin investment and other cashflow management and organizational matters around their choices.

[edited out]

Money management is not very important in bitcoin investment.  

You must have misspoken because this statement makes no sense.

[alankasman]

It makes a difference if someone is investing 5% of his income into bitcoin as compared with someone who is investing 25%, and the progress will be quite meaningful even though some folks might be limited in how much they can push within what is available to them in terms of the amount of the discretionary funds or any of the other relevant factors that might be affecting how much they can invest into bitcoin and how consistently they can invest into bitcoin, including their readiness, willingness and/or abilities to build and manage their cashflows and to learn from their experiences.

It is clear that with the amount that is done it is quite far let alone the progress later it will certainly be very different because the comparison between 5% and 25% means that in my opinion there is no problem for those who invest with a small amount but what needs to be understood is from a perspective for those who do with 25% are they able to do it consistently because usually people often only happen suddenly like someone has a prestigious nature when there is resistance that is done so that someone says or fights with a higher one even though if reviewed all these things will not happen as said that's why I ask like that because many things happen as I said that too high does not mean someone is great but for those who do with a small amount but they are full of confidence in what they do by having high consistency and regularity in doing it.

And if it happens and can survive of course this is a very good step for someone in allocating 25% to investment because it can be ensured that when receiving what has been done those who do it with a large amount will definitely receive the same amount when doing it so that for me this is something that needs to be done by everyone if they have good intentions regarding how much they have to do but are full of consistency and also confidence in doing it because the cash flow owned by someone who does it with that amount is definitely stable towards the finances they have without thinking anymore about things to spend on needs on the grounds of healthy cash flow which is no longer a problem for those who do it with the amount of 25% and it is clear that the results will be very different in receipts from people who allocate 5%.

[Frankolala]

It's not for accumulating a bitcoin, but to purchase a dollar when it's in low price, during DCA, you're expected to invest more due to the price have decreases and you're investing or accumulating with a target, with the target of the price to increase 10x so that profit will be made in large form...

That's not DCA because when you are accumulating bitcoin with DCA, you don't need to wait for the price to dip before buying more. You DCA weekly/monthly irrespective of the price of bitcoin at that moment provided your discretionary income is available. Profit shouldn't be your main focus when accumulating bitcoin and a price target on when to sell. Rather have a bitcoin target that you will accumulate so that you can be focused and not get carried away with profits and sell too soon.

Holding bitcoin for long-term, doesn't mean that you will purchase bitcoin during DCA, despite that the main focus of invest is to purchase and accumulate it during DCA, whereas they're people who accumulate their bitcoin daily and it doesn't matter if the price of Bitcoin is high or low, but they accumulate because they have a target...

When you accumulate bitcoin weekly/monthly is DCA likewise, when you accumulate daily. But I don't like daily purchases because it's gone be stressful. I prefer weekly. Of course, hodli is different from accumulating. You can buy and hodli bitcoin without using DCA strategy to accumulate but you wouldn't be in a better position compared to someone who is buying with DCA regularly, weekly, consistently and persistently for 4-10 years and above in order to keep his bitcoin purchase ongoing.

[Houston240]

Damn amazing post Jay

If we happen to be a less established investor and we have no other assets, we may well allocate all of our investment into BTC until we reach a certain level that would thereby allow us to diversify after we had already reached a certain level of investment whether that is $10k or $100k or some other amount would be our determination regarding if we might need to start to diversify into other investments besides having everything into bitcoin.

What other assets do you think are worth considering in the current economic situation?

I don't feel very comfortable getting into discussions about the various ways to apportion your investment portfolio outside of bitcoin and the dollar (or whatever other fiat that you might have as your local currency).. so of course you have to measure your circumstances to figure out what your balance is going to be.

I don't have any problem with suggesting that any young / newbie investor to begin to build his/her investment portfolio by only focusing on bitcoin and cash, and once s/he gets up to a certain decently sizable amount, such as something like $50k, then at that point to consider the extent to which further diversification might be helpful.  Of course, the decently sizable amount has a considerable amount of subjectivity - because there might be some measure in which there might be questions about whether the investor feels that s/he is starting to feel that s/he has too many eggs in one basket.  Of course property and equity funds are not bad for attempting to offset having too much specialization but it might not even be any kind of compelling need to diversify until getting to some higher amount.. whether that is $200k or $500k or $1million.... at some point for each of us, we might feel some need to NOT have all our eggs in one basket.

Property for sure can tie you down geographically, contain a lot of expenses related to maintenance, taxes, ownership transfer costs and even an attack vector for possible liabilities and lawsuits that others can easily identify that you own it and viola.. all of a sudden there is a lien on it.  But, if you are geographically tied down anyhow, and you need to live somewhere, so it is not a bad thing to store some of your wealth and to diversify outside of bitcoin (even though we also know that property is also suffering from the pumping/inflation mechanisms of the government debt systems).

I was discussing with friends last week and one of them said, trading is like gambling because one can lose all the Investment in the process of trading and also gain in the process of trading and I also see reason on the discussion, because trading also used prediction as gambling. I Know that they are not the same but in reasoning they are synonymous.

It’s just gambling if you don’t know what you’re doing and acting blindly. Acquiring shares of companies or something like gold, silver has nothing to do with gambling, capital needs to be allocated where value is created, for an economy to function.

I will supplement by asserting that there is value in the fact that people make different choices in terms of how much value they want to allocate into a variety of differing kinds of asset classes - and for differing reasons.   If you consider your investment into bitcoin as a hedge against the dollar in similar kinds of ways that gold and silver used to be a hedge against the dollar, you might consider that in accordance with Gresham's law, bitcoin is likely going to suck away most if not all of the monetary value of gold and silver.. and maybe there might be some be some Armageddon-like fringe scenarios in which it would have been good to have some gold and/or silver.. but in some sense bitcoin is likely 1,000x-ish better than gold already.. so is there any reason to have both.. or maybe 1% gold and 99% bitcoin.. might be a possible way of allocating that portion of your hedging against the dollar aspect of your investment portfolio,  perhaps?

As a newbie in Bitcoin investment, you must have heard about the risk of loosing your money and this is one of the major factors that make newbies or people who want to start up Bitcoin investment scared. Before a newbie will go into Bitcoin accumulation or investment, there must be a strategy you must choose to follow so that you can be in right track.
Like you made mention of starting with at least little amount of $50k, this is a very good start up plan because we don't own the market, you can decide to go with everything you have and still lose it that day started. As a newbie, I prefer the use of DCA method since it makes you start up with a little cash and gradually or consistently you make up your cool profit while investing with the little cash. DCA method will help the newbies accumulate Bitcoin with little amount gradually and maybe if you feel that you have arrived and can use any money to invest, is also left with you.
Everything about life is all about method or strategies, if it favors you, you win and if it doesn't favors you or you lose money, don't quit because one day you will become successful.

[Primark]

Damn amazing post Jay

If we happen to be a less established investor and we have no other assets, we may well allocate all of our investment into BTC until we reach a certain level that would thereby allow us to diversify after we had already reached a certain level of investment whether that is $10k or $100k or some other amount would be our determination regarding if we might need to start to diversify into other investments besides having everything into bitcoin.

What other assets do you think are worth considering in the current economic situation?

I don't feel very comfortable getting into discussions about the various ways to apportion your investment portfolio outside of bitcoin and the dollar (or whatever other fiat that you might have as your local currency).. so of course you have to measure your circumstances to figure out what your balance is going to be.

I don't have any problem with suggesting that any young / newbie investor to begin to build his/her investment portfolio by only focusing on bitcoin and cash, and once s/he gets up to a certain decently sizable amount, such as something like $50k, then at that point to consider the extent to which further diversification might be helpful.  Of course, the decently sizable amount has a considerable amount of subjectivity - because there might be some measure in which there might be questions about whether the investor feels that s/he is starting to feel that s/he has too many eggs in one basket.  Of course property and equity funds are not bad for attempting to offset having too much specialization but it might not even be any kind of compelling need to diversify until getting to some higher amount.. whether that is $200k or $500k or $1million.... at some point for each of us, we might feel some need to NOT have all our eggs in one basket.

Property for sure can tie you down geographically, contain a lot of expenses related to maintenance, taxes, ownership transfer costs and even an attack vector for possible liabilities and lawsuits that others can easily identify that you own it and viola.. all of a sudden there is a lien on it.  But, if you are geographically tied down anyhow, and you need to live somewhere, so it is not a bad thing to store some of your wealth and to diversify outside of bitcoin (even though we also know that property is also suffering from the pumping/inflation mechanisms of the government debt systems).

I was discussing with friends last week and one of them said, trading is like gambling because one can lose all the Investment in the process of trading and also gain in the process of trading and I also see reason on the discussion, because trading also used prediction as gambling. I Know that they are not the same but in reasoning they are synonymous.

It’s just gambling if you don’t know what you’re doing and acting blindly. Acquiring shares of companies or something like gold, silver has nothing to do with gambling, capital needs to be allocated where value is created, for an economy to function.

I will supplement by asserting that there is value in the fact that people make different choices in terms of how much value they want to allocate into a variety of differing kinds of asset classes - and for differing reasons.   If you consider your investment into bitcoin as a hedge against the dollar in similar kinds of ways that gold and silver used to be a hedge against the dollar, you might consider that in accordance with Gresham's law, bitcoin is likely going to suck away most if not all of the monetary value of gold and silver.. and maybe there might be some be some Armageddon-like fringe scenarios in which it would have been good to have some gold and/or silver.. but in some sense bitcoin is likely 1,000x-ish better than gold already.. so is there any reason to have both.. or maybe 1% gold and 99% bitcoin.. might be a possible way of allocating that portion of your hedging against the dollar aspect of your investment portfolio,  perhaps?

Like you made mention of starting with at least little amount of $50k, this is a very good start up plan because we don't own the market, you can decide to go with everything you have and still lose it that day started. As a newbie, I prefer the use of DCA method since it makes you start up with a little cash and gradually or consistently you make up your cool profit while investing with the little cash. DCA method will help the newbies accumulate Bitcoin with little amount gradually and maybe if you feel that you have arrived and can use any money to invest, is also left with you.

This is a sign of shitcoin. There is no need to compare Bitcoin with shitcoin. Bitcoin is not a shitcoin that will disappear within a day or drop to zero in value. Yes, it is said that you start with what you can afford to lose, so that you do not break down mentally after losing. But this does not mean that Bitcoin will drop to zero in value within a day. And DCA is certainly a good strategy, but this does not mean that investing large sums is bad. Rather, investing without considering your financial situation is quite risky.

[New Judgement]

I agree with your point. DCA is just a method use in the accumulation of Bitcoin, that doesn't mean that when you are using it you will be guaranteed to become a successful investor. DCA. is just a method which can maybe change of fail in time coming. If you don't know anything about Bitcoin or DCA method and you venture into it, you can loose a lot of money or lose your investments. Alot of investors or will I say newbies who doesn't know anything about how DCA works will always use it but when they make loss in it they start complaining about it. DCA doesn't guarantee us to become successful when using it.

You seems to have forgotten what the DCA method is because if you truly understood how it works, you will not make this statement. The DCA method is just a convenient way of accumulating Bitcoin,
 

It's not for accumulating a bitcoin, but to purchase a dollar when it's in low price, during DCA, you're expected to invest more due to the price have decreases and you're investing or accumulating with a target, with the target of the price to increase 10x so that profit will be made in large form...

You are mixing things up here, dca is a method of accumulating bitcoin, not purchasing dollar. That the dca stand for dollar cost averaging, doesn’t mean that is for purchasing dollar. Also the dca is not a market condition, there is no market condition that’s known as dca, what we have is the dip, and I believe that’s what you’re referring to as dca. It is important to get these terminologies right, so it doesn’t mess up your post, even when you have an idea of what you are talking about.

[Tongley]

You seems to have forgotten what the DCA method is because if you truly understood how it works, you will not make this statement. The DCA method is just a convenient way of accumulating Bitcoin,

It's not for accumulating a bitcoin, but to purchase a dollar when it's in low price, during DCA, you're expected to invest more due to the price have decreases and you're investing or accumulating with a target, with the target of the price to increase 10x so that profit will be made in large form...

The DCA method is not for buying dollars, but the DCA method is a method for buying Bitcoin or creating any asset. Seeing the full form of the DCA method, many people may think that it is for buying dollars, but this is not correct.

There is no such requirement that you have to invest aggressively during the DCA. Each person needs to invest depending on his financial situation. If a person sees a decline in the market while buying under the DCA method, if he has investable money left, then he can invest. But it is not right for those who do not have investable money to invest aggressively. For this reason, they will put their holdings at risk. If you invest without depending on the financial situation in the hope of making additional profits, it can cause the premature death of your investment.

[Father111]

Damn amazing post Jay

If we happen to be a less established investor and we have no other assets, we may well allocate all of our investment into BTC until we reach a certain level that would thereby allow us to diversify after we had already reached a certain level of investment whether that is $10k or $100k or some other amount would be our determination regarding if we might need to start to diversify into other investments besides having everything into bitcoin.

What other assets do you think are worth considering in the current economic situation?

I don't feel very comfortable getting into discussions about the various ways to apportion your investment portfolio outside of bitcoin and the dollar (or whatever other fiat that you might have as your local currency).. so of course you have to measure your circumstances to figure out what your balance is going to be.

I don't have any problem with suggesting that any young / newbie investor to begin to build his/her investment portfolio by only focusing on bitcoin and cash, and once s/he gets up to a certain decently sizable amount, such as something like $50k, then at that point to consider the extent to which further diversification might be helpful.  Of course, the decently sizable amount has a considerable amount of subjectivity - because there might be some measure in which there might be questions about whether the investor feels that s/he is starting to feel that s/he has too many eggs in one basket.  Of course property and equity funds are not bad for attempting to offset having too much specialization but it might not even be any kind of compelling need to diversify until getting to some higher amount.. whether that is $200k or $500k or $1million.... at some point for each of us, we might feel some need to NOT have all our eggs in one basket.

Property for sure can tie you down geographically, contain a lot of expenses related to maintenance, taxes, ownership transfer costs and even an attack vector for possible liabilities and lawsuits that others can easily identify that you own it and viola.. all of a sudden there is a lien on it.  But, if you are geographically tied down anyhow, and you need to live somewhere, so it is not a bad thing to store some of your wealth and to diversify outside of bitcoin (even though we also know that property is also suffering from the pumping/inflation mechanisms of the government debt systems).

I was discussing with friends last week and one of them said, trading is like gambling because one can lose all the Investment in the process of trading and also gain in the process of trading and I also see reason on the discussion, because trading also used prediction as gambling. I Know that they are not the same but in reasoning they are synonymous.

It’s just gambling if you don’t know what you’re doing and acting blindly. Acquiring shares of companies or something like gold, silver has nothing to do with gambling, capital needs to be allocated where value is created, for an economy to function.

I will supplement by asserting that there is value in the fact that people make different choices in terms of how much value they want to allocate into a variety of differing kinds of asset classes - and for differing reasons.   If you consider your investment into bitcoin as a hedge against the dollar in similar kinds of ways that gold and silver used to be a hedge against the dollar, you might consider that in accordance with Gresham's law, bitcoin is likely going to suck away most if not all of the monetary value of gold and silver.. and maybe there might be some be some Armageddon-like fringe scenarios in which it would have been good to have some gold and/or silver.. but in some sense bitcoin is likely 1,000x-ish better than gold already.. so is there any reason to have both.. or maybe 1% gold and 99% bitcoin.. might be a possible way of allocating that portion of your hedging against the dollar aspect of your investment portfolio,  perhaps?

Like you made mention of starting with at least little amount of $50k, this is a very good start up plan because we don't own the market, you can decide to go with everything you have and still lose it that day started. As a newbie, I prefer the use of DCA method since it makes you start up with a little cash and gradually or consistently you make up your cool profit while investing with the little cash. DCA method will help the newbies accumulate Bitcoin with little amount gradually and maybe if you feel that you have arrived and can use any money to invest, is also left with you.

This is a sign of shitcoin. There is no need to compare Bitcoin with shitcoin. Bitcoin is not a shitcoin that will disappear within a day or drop to zero in value. Yes, it is said that you start with what you can afford to lose, so that you do not break down mentally after losing. But this does not mean that Bitcoin will drop to zero in value within a day. And DCA is certainly a good strategy, but this does not mean that investing large sums is bad. Rather, investing without considering your financial situation is quite risky.

Since i started growing up with my Bitcoin portfolio, i have not given a shitcoins a listen ears, friends has been showing and preaching for me to invest on shitcoins, i reply to them that my life with Bitcoin is the best, that i chooses Bitcoin over other coins, basis on how Bitcoin works, and shitcoins can vanish at a any moment.

[Bright0515]

It is clear that with the amount that is done it is quite far let alone the progress later it will certainly be very different because the comparison between 5% and 25% means that in my opinion there is no problem for those who invest with a small amount but what needs to be understood is from a perspective for those who do with 25% are they able to do it consistently because usually people often only happen suddenly like someone has a prestigious nature when there is resistance that is done so that someone says or fights with a higher one even though if reviewed all these things will not happen as said that's why I ask like that because many things happen as I said that too high does not mean someone is great but for those who do with a small amount but they are full of confidence in what they do by having high consistency and regularity in doing it.

From my own understanding, and based on the fact that money doesn't just pup's out from nowhere shows that the best percentage of money to be invested into Bitcoin isn't whether it's 25% or 5%, what really matters is the percentage which you can maintain for a very long period of time. So many people started with 25% but they couldn't meet up anymore because life happens most times. If we only focus on higher or lower percentage there might be a chance that the investor might not be able to continue purchasing because it might be too much for him or her to maintain.

To be sincere with you mate, I don't think to become successful from Bitcoin investment is not just about your contribution size, because you might aim for a bigger contribution size and you might not meet up (just like what I said above), so the best is figure out a specific size you can contribute to your portfolio consistently without being affected or damaging your plans to achieve success from Bitcoin investment. However, if you are planning on investing 25%, what you should consider first is your income, if your income is high or your discretionary income is higher you can invest with 25% or above but when your income is low and your discretionary income too is low.5% will be considerable.

If we mostly talk about investing percentage, some no coiner who are looking forward to get started might actually plan on starting with a bigger capital because everyone wants to achieve big from Bitcoin investment. Now just imagine that they plan on investing 25% of their money into Bitcoin, there's a huge probability that they might start skipping most of their bills so that they can meet up with the 25% or they might even go as far as to borrow money so that they can be able to meet up with the 25%.
One thing we should all consider is the fact that it is not every investors that have the same financial capabilities, if some investors can afford 25% some others might not be able to afford such because it will be too big for them.

So my point is that, not everyone can afford the 25% because some might have low salary and low amount of money on their discretionary income after sorting out their bills.

[Supreme Donvic]

I sometimes get surprised when investment consistency is discussed here. Not everyone can maintain consistency on a weekly or monthly basis.

Consistency doesn’t really mean that you’re perfect, it simply means that you’re trying to show up when you can and you’re disciplined. not everyone  that has a steady income or stable condition to invest everyday or every month end. Most times life can hit with different problems, like emergency and other expenses, which can make you not to meet up your target. So, It doesn’t really mean you should follow weekly or monthly pattern. What really matters is to build it base on your own capacity. You can do it once in a while in as much as you’re serious about it and you don’t invest emotionally.

I get your point, and I agree. In Bitcoin, consistency isn’t about being perfect or sticking to a rigid schedule. It’s more about staying committed over time. Life happens, unexpected expenses, emergencies so not everyone can invest weekly or monthly, and that’s okay.

What matters is building your position based on your capacity. Even if you buy once in a while, as long as you’re disciplined and not investing emotionally, you’re still moving forward. Long-term growth in Bitcoin rewards patience, not pressure.

Yeah consistency in Bitcoin investment, does not mean that you will always accumulate weekly or monthly consistency is a mindset inside of you it is you telling yourself that you want to succeed in bitcoin investment even when things are not going as planned you still have the convention that you will succeed in Bitcoin investment and you are working towards it, and by working towards it you then start making things okay so you can be accumulating regularly and one of those things you need to put in place are backup fund's however even with all this set in place and you still find it very difficult to accumulate weekly or monthly consistently that does not mean that you are not consistent because you cannot give what you don't have, when you have and then slow in giving then you can be blamed.

[Rockson1]

I agree with your point. DCA is just a method use in the accumulation of Bitcoin, that doesn't mean that when you are using it you will be guaranteed to become a successful investor. DCA. is just a method which can maybe change of fail in time coming. If you don't know anything about Bitcoin or DCA method and you venture into it, you can loose a lot of money or lose your investments. Alot of investors or will I say newbies who doesn't know anything about how DCA works will always use it but when they make loss in it they start complaining about it. DCA doesn't guarantee us to become successful when using it.

I read what you said but I will like it if you can explain how someone or how a newbie will lose money or their investment while using the DCA method, are you sure that you are actually referring to the DCA method, infact why are you advising when you are supposed to learn, the DCA method allows us to invest with our discreationary irrespective of how small it is so I do not know about the losing of money or the entire investment part.
I know that what guarantees you success in Bitcoin investment is your consistency, as some who is accumulating Bitcoin with the DCA method you can try the lump too from time to time if you have the lump sum amount, you do nkt necessarily have to stick to only DCA, you can continue your DCA and still try buying through lum sum, this will help you to achieve your goals fast, in Bitcoin investment we have about three strategy which are all important but it all depends on your application for each of them, just that the DCA strategy is more efficient than others, and every other one can be applied as long as we are actively using the DCA strategy.

[Son Of Blockchain (SOB)]

Since i started growing up with my Bitcoin portfolio, i have not given a shitcoins a listen ears, friends has been showing and preaching for me to invest on shitcoins, i reply to them that my life with Bitcoin is the best, that i chooses Bitcoin over other coins, basis on how Bitcoin works, and shitcoins can vanish at a any moment.

You made the right choice and it doesn’t matter what anyone thinks cause you've made your decision and to me it's the best cause Bitcoin is the best digital currency to invest in, it's trustworthy for financial growth even though it requires long-term investment, diverting your attention to shitcoins would only distract your ambitions to build a better Bitcoin portfolio.
 Every investment has it's own risk but it's very tough to manage the risk of investing in shitcoins, they're centralised and owners can rug pull thereby liquidating the asset and make you frustrated especially if you invest heavily with it. Bitcoin doesn't operate like that, investors who lost did so out of their greed, carelessness or lack of patience to hold longer.

[Rockstarguy]

As a newbie in Bitcoin investment, you must have heard about the risk of loosing your money and this is one of the major factors that make newbies or people who want to start up Bitcoin investment scared. Before a newbie will go into Bitcoin accumulation or investment, there must be a strategy you must choose to follow so that you can be in right track.

You need to understand using a strategy to invest Bitcoin doesn't guarantee risk free investment. It is not just about
Strategy but what really matters is the knowledge you have because this is the principal thing which can enable you to manage risk in your investment. What a newbie really needs to be in the right part in investment is knowledge and without this even with the best strategy you will still fail. Knowledge enables one to understand how these strategies works abd how to use it to your own advantage.

Like you made mention of starting with at least little amount of $50k, this is a very good start up plan because we don't own the market, you can decide to go with everything you have and still lose it that day started. As a newbie, I prefer the use of DCA method since it makes you start up with a little cash and gradually or consistently you make up your cool profit while investing with the little cash. DCA method will help the newbies accumulate Bitcoin with little amount gradually and maybe if you feel that you have arrived and can use any money to invest, is also left with you.
Everything about life is all about method or strategies, if it favors you, you win and if it doesn't favors you or you lose money, don't quit because one day you will become successful.

Their are some people who cant even afford this amount, and you need to know when it comes to investment we are not the same financially.  Everyone have the specific amout that they can afford to buy bitcoin. It is important to know you can just invest according to the amount you can afford, it must not be the same amount of somebody else, but that amout in your mind you can afford.

[cxtreenal]

I sometimes get surprised when investment consistency is discussed here. Not everyone can maintain consistency on a weekly or monthly basis.

Consistency doesn’t really mean that you’re perfect, it simply means that you’re trying to show up when you can and you’re disciplined. not everyone  that has a steady income or stable condition to invest everyday or every month end. Most times life can hit with different problems, like emergency and other expenses, which can make you not to meet up your target. So, It doesn’t really mean you should follow weekly or monthly pattern. What really matters is to build it base on your own capacity. You can do it once in a while in as much as you’re serious about it and you don’t invest emotionally.

I get your point, and I agree. In Bitcoin, consistency isn’t about being perfect or sticking to a rigid schedule. It’s more about staying committed over time. Life happens, unexpected expenses, emergencies so not everyone can invest weekly or monthly, and that’s okay.

What matters is building your position based on your capacity. Even if you buy once in a while, as long as you’re disciplined and not investing emotionally, you’re still moving forward. Long-term growth in Bitcoin rewards patience, not pressure.

Yeah consistency in Bitcoin investment, does not mean that you will always accumulate weekly or monthly consistency is a mindset inside of you it is you telling yourself that you want to succeed in bitcoin investment even when things are not going as planned you still have the convention that you will succeed in Bitcoin investment and you are working towards it, and by working towards it you then start making things okay so you can be accumulating regularly and one of those things you need to put in place are backup fund's however even with all this set in place and you still find it very difficult to accumulate weekly or monthly consistently that does not mean that you are not consistent because you cannot give what you don't have, when you have and then slow in giving then you can be blamed.

Consistency is important for Bitcoin accumulation. It is important to know that there may be gaps when doing DCA for a long time. Being consistent means keeping yourself disciplined that you have a long term effort and that you want to move forward and overcome your limitations towards your Bitcoin goals.
Just as we are regular in maintaining our family and are careful in fulfilling our needs, we should be careful and disciplined in Bitcoin accumulation. There may be various obstacles in investing over time, but discretionary Income and emergency funds and  will play a leading role in making our valuable Bitcoin holdings long term.

Discretionary income, emergency funds, cash flow, long term psychological preparation important. It is necessary to be patient with discipline because we want to accumulate a significant amount of Bitcoin holdings and not being consistent is not a weakness. But being consistent and consistent when accumulation Bitcoin is important because discipline is not easily achieved without our responsibility.

[Cossyblack]

I agree with your point. DCA is just a method use in the accumulation of Bitcoin, that doesn't mean that when you are using it you will be guaranteed to become a successful investor. DCA. is just a method which can maybe change of fail in time coming. If you don't know anything about Bitcoin or DCA method and you venture into it, you can loose a lot of money or lose your investments. Alot of investors or will I say newbies who doesn't know anything about how DCA works will always use it but when they make loss in it they start complaining about it. DCA doesn't guarantee us to become successful when using it.

I've come to realize that you don't even know what dca strategy is about because if you do, you wouldn't have said an investor can lose their investment if they use the Dca strategy wrongly .

DCa strategy is a bitcoin accumulation strategy that helps one buy Bitcoin consistently regardless of it price. It is not a trading strategy or a trading signal that if use use wrongly can cause you to lose your Bitcoin investment but rather it is a long-term accumulation strategy.

However nothing is guarantee in Bitcoin investment therefore using the DCA strategy does not guarantee that you will succeed in the long run.

[Itz-prisigold]

I don't have any problem with suggesting that any young / newbie investor to begin to build his/her investment portfolio by only focusing on bitcoin and cash, and once s/he gets up to a certain decently sizable amount, such as something like $50k, then at that point to consider the extent to which further diversification might be helpful.  Of course, the decently sizable amount has a considerable amount of subjectivity - because there might be some measure in which there might be questions about whether the investor feels that s/he is starting to feel that s/he has too many eggs in one basket.  Of course property and equity funds are not bad for attempting to offset having too much specialization but it might not even be any kind of compelling need to diversify until getting to some higher amount.. whether that is $200k or $500k or $1million.... at some point for each of us, we might feel some need to NOT have all our eggs in one basket.

As a newbie in Bitcoin investment, you must have heard about the risk of loosing your money and this is one of the major factors that make newbies or people who want to start up Bitcoin investment scared. Before a newbie will go into Bitcoin accumulation or investment, there must be a strategy you must choose to follow so that you can be in right track.
Like you made mention of starting with at least little amount of $50k, this is a very good start up plan because we don't own the market, you can decide to go with everything you have and still lose it that day started. As a newbie, I prefer the use of DCA method since it makes you start up with a little cash and gradually or consistently you make up your cool profit while investing with the little cash. DCA method will help the newbies accumulate Bitcoin with little amount gradually and maybe if you feel that you have arrived and can use any money to invest, is also left with you.
Everything about life is all about method or strategies, if it favors you, you win and if it doesn't favors you or you lose money, don't quit because one day you will become successful.

I think you actually misunderstood what Jay meant with this particularly comment about $50k. The $50k Jay was talking about was never a starting point for a new investor,  but more like a future level that someone might start thinking about diversification. So when you start presenting it as a starting point, then it completely changes the meaning.

Also, this your statement that someone can “lose everything in a day”  when investing in Bitcoin is a bit of an overstatement and can create unnecessary fear to new investors. This mentality is what keeps many people away from markets,  rather than being able to learn how to do it right.

And more importantly, it is not just about “having a strategy”,  but having the right structure behind it.  DCA is a good strategy but only if it is done with funds that are not needed for everyday survival which is your discretionary funds and with a plan that will allow one to continue over time without stress. Without that DCA may not work.

So it's not so much about the strategy but how the strategy fits with a person's financial situation and once that's sorted out, then accumulation makes more sense and is not based on fear.

[AYOBA]

DCA can make the investing easier for an investor, but that does not guarantee profit. We cannot predict anything about it because the market can go up and down all the time. So saying that you will get results using DCA is not enough, DCA only help you to avoid some kind of prediction and timing the market and growing your investment for a long term, not as a way that guarantee a return.

Yeah, but do you mean that the DCA method has a not way of guarantee return? In Bitcoin investments there’s guarantee of return accept the person don’t have patience to hold his Bitcoin for a long periods of time, we all know that market in predictable but in as far a person invest able to hold it for a long period of time they won’t be failure in the investments.

Apart from the DCA make the investment easier it also encourages even those that have interest to invest in the Bitcoin, but due to the capital they could not able to start with this DCA strategies they find everything more easier beyond Thor expectations.

[BluebloodCXVI]

From my understanding, DCA strategy is based on your source of income. This is why the DCA days are planned around your pay day if you're a salary earner. So it is not necessarily that folks choose DCA days weekly or monthly just for choosing sake, it should be based on when you are likely going to receive your income with which you figure out your discretionary income and then invest in bitcoin. When you're fixing your DCA strategy away from your income days, then you may not be able to reserve your money until that date that you have chosen. Money management is not very important in bitcoin investment. So if you are hoping to keep yourself very principled without investing as soon as you have your discretionary income, you may not be able to invest again.

I genuinely hope this is a typographical mistake because if it’s not then I would presume that you’re trying to mislead people on here. Anyone who thinks money management is not important in bitcoin investment is setting themselves up for failure. Imagine saying brakes don’t matter in a fast car lol ,wait till you hit a corner.
Even the simplest strategy like DCA exists for a reason and those reasons revolve around money management itself, that’s literally the basis of it.

[suhadi88]

And more importantly, it is not just about “having a strategy”,  but having the right structure behind it.  DCA is a good strategy but only if it is done with funds that are not needed for everyday survival which is your discretionary funds and with a plan that will allow one to continue over time without stress. Without that DCA may not work.

So it's not so much about the strategy but how the strategy fits with a person's financial situation and once that's sorted out, then accumulation makes more sense and is not based on fear.

Yes, and that's clear, but we also follow market developments to some extent, this relates to the long-term scenario we'll be implementing. We know that sometimes the market moves based on future market expectations (sentiment), even though it's not considered particularly crucial. As for BTC price performance, I think it's starting to show a slow upward movement now.

[Grease5000]

The dip strategy isn't a perfect strategy those who master buying only the dip are traders and they don't even master it because they never know when the dip will come and there plan to sell when the price goes up doesn't work out for them most times so i wouldn't include waiting for dip to be a perfect strategy and there is no correct way to apply on it.

The DCA strategy is good for me because it's a consistent accumulation of Bitcoin since we don't know how long it will take for the dip to come, when accumulating continuously with the DCA strategy will sure meet the dip and accumulate more then and this is better than waiting for the dip before buying.

There is no strategy that isn't good. Every strategy has its disadvantages as well as it's advantages and it won't be a bad idea if an investor decides to combine these strategies in accumulating bitcoin. Buying bitcoin during the dip is not a bad idea but waiting for the price to dip before starting to invest is what is bad. So it won't be a good idea if a newbie or a no coiner decide to wait for a dip to occur before buying or starting to buy bitcoin. But, this doesn't mean that buying the dip isn't a good strategy.

There's no need to say whether strategy A or B is bad. I think every investor perspective is certainly different because their purpose is the same, To accumulate Bitcoin and hold it for the long term.

Even in terms of individual purchases, investor A Buys using DCA with a regular Accumulation of 100 BTC per week, While Investor B accumulates 1 BTC per week. So, they differ Financially And in their Purchasing methods.

For those of us who are comfortable with DCA from the start, It's certainly better to continue with our weekly buying routine. If we can afford $50 per week or more, that depends on our discretionary income.

The important thing is Not to get too emotional when investing, Because the purpose of Investing is to change Your destiny, not to follow existing trends.

It is problematic to proclaim that everyone just do what they can, and perhaps if they have a certain timeline in which they would like to reach certain places, then they might need to try to be more measured.

It makes a difference if someone is investing 5% of his income into bitcoin as compared with someone who is investing 25%, and the progress will be quite meaningful even though some folks might be limited in how much they can push within what is available to them in terms of the amount of the discretionary funds or any of the other relevant factors that might be affecting how much they can invest into bitcoin and how consistently they can invest into bitcoin, including their readiness, willingness and/or abilities to build and manage their cashflows and to learn from their experiences.

All approaches are not equal, even though guys have discretion to choose how whimpy or aggressive that they are going to approach their bitcoin investment and other cashflow management and organizational matters around their choices.

[edited out]

Money management is not very important in bitcoin investment.  

You must have misspoken because this statement makes no sense.

You’re right—capital allocation and discipline matter more than generic advice. position sizing and consistency drive outcomes. Someone allocating 25% of income to Bitcoin will compound far faster than someone at 5%, assuming both stay consistent and don’t panic during volatility.

But it’s not just about how much it’s about sustainability. An aggressive allocation that isn’t backed by stable cashflow, emergency savings, and emotional discipline usually fails during drawdowns. That’s where most investors break.

In Bitcoin investing, the edge comes from three things.  Consistent accumulation (DCA) allocating a portion of your salary as Discretionary income that match your risk tolerance and cash flow, Ability to hold through volatility without emotional decisions.


Different approaches produce different results, yes—but the best strategy is the one you can execute long term without breaking discipline.