JJG’s Outline of Bitcoin Investment Ideas

[Jostern]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.
What makes the dca accumulating strategy unique is that you will have the chance to buy at every price interval, and may even do it aggressively during the dip with your reserve funds, so it's the best Bitcoin accumulating strategy statistically.

It is not necessary that everyone has to make use of the DCA strategy to accumulate Bitcoin, despite it being one of the best strategies for accumulation. And if someone decides to make use of the DCA strategy, it does not mean that the person should be called a trader. As long as someone has money and is ready to buy at once for that period, I don’t think it is a bad thing or that it makes them an impatient trader, because they have not acted like a trader to be called one. So, it is someone’s choice to pick from the different strategies for accumulating Bitcoin. But for me, as a salary earner, I prefer the DCA method.

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income, perhaps it’s also necessary you stick with buying bitcoin through the DCA techniques when you don’t have a very large amount of discretionary income.

There are investors who combine buying through DCA and lump sum, personally I don’t really appreciate buying bitcoin through the DCA or lump sum, I would appreciate buying through the DCA because it makes me more comfortable in buying and accumulating bitcoin.

[As-Soon-As]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.

An investor bitcoin dca accumulation can go as fast as they want provided they can regularly figure out their discretionary income and invest frequently. What will only slow an investor dca accumulation down is when they are not having frequent discretionary income to invest with. Provided they can figure out their discretionary income their investment can move as quickly as they want. Whoever that’s saying that dca slows down bitcoin accumulation is probably not having regular discretionary income to invest with.

The DCA method attracts Bitcoin investors to invest more, so the DCA method is the best strategy for investing in Bitcoin. Investing in Bitcoin according to the DCA method can certainly be successful, but you have to be patient for a long time during the DCA method. The longer you keep the investment, the more likely it is to be made fit.
Those who do not like to invest in Bitcoin according to the DCA method, are deprived of investment or their discretionary income is very low, which is why they do not like to invest in Bitcoin according to the DCA method.

[Stormisover]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.
What makes the dca accumulating strategy unique is that you will have the chance to buy at every price interval, and may even do it aggressively during the dip with your reserve funds, so it's the best Bitcoin accumulating strategy statistically.

It is not necessary that everyone has to make use of the DCA strategy to accumulate Bitcoin, despite it being one of the best strategies for accumulation. And if someone decides to make use of the DCA strategy, it does not mean that the person should be called a trader. As long as someone has money and is ready to buy at once for that period, I don’t think it is a bad thing or that it makes them an impatient trader, because they have not acted like a trader to be called one. So, it is someone’s choice to pick from the different strategies for accumulating Bitcoin. But for me, as a salary earner, I prefer the DCA method.

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income, perhaps it’s also necessary you stick with buying bitcoin through the DCA techniques when you don’t have a very large amount of discretionary income.

There are investors who combine buying through DCA and lump sum, personally I don’t really appreciate buying bitcoin through the DCA or lump sum, I would appreciate buying through the DCA because it makes me more comfortable in buying and accumulating bitcoin.

Your statement are some worth contradictory, having a lump amount does not mean that an investor must buy through the Lump sum he can only do that if it suits him if not there is nothing wrong of him to buy through DCA even though he has a Lump sum amount, at one point you said you don't appreciate buying Bitcoin through the DCA or  lump sum and on the other hand you are also saying you would appreciate buying through the DCA, combining strategies is up to an investor but however we must value our comfort while taken any decision, investors can still hold on to a consistent DCA even when they have a lump sum amount at their disposal is a choice and what you are comfortable with.

[Bright0515]

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income,

I guess you forget the fact that DCA'ing strategy doesn't mean you are to have little discretionary income alone. With the little knowledge I have, I believe anyone can use DCA strategy despite the amount of discretionary income they have. One importance of DCA strategy is that with any amount you can buy, you can also buy Bitcoin even though the price is low or high.

perhaps it’s also necessary you stick with buying bitcoin through the DCA techniques when you don’t have a very large amount of discretionary income.

It doesn't matter whether you are earning low or high amount of money or your discretionary income is very huge or small. What's important is buying Bitcoin when you have spare money. Well, what I'm trying to say here is that no matter what amount of money you have as your discretionary income (whether huge or small), you can start DCA'ing into Bitcoin.

To be honest, you are trying to say that people who has huge amount of money doesn't necessarily need to use DCA strategy, so you are likely wrong on your statement. Anyone can use DCA strategy to accumulate Bitcoin. What you should have talked about is that if they have huge amount of money as discretionary income, they should increase their DCA'ing amount to a higher one.
Like for example, if they have been DCA'ing with $50 before (while discretionary income was low), and luckily for them they tried to increase their source of income by creating more change for side hustle and to earn higher, they should try as much as possible to also increase their DCA'ing amount, from $50 to $75 or higer amount which they can afford.
In as much as you have the long term perspective towards Bitcoin investment, what you should do is never to decide through emotions because it will affect your accumulation process.

[GhostOfBitcoin]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.

An investor bitcoin dca accumulation can go as fast as they want provided they can regularly figure out their discretionary income and invest frequently. What will only slow an investor dca accumulation down is when they are not having frequent discretionary income to invest with. Provided they can figure out their discretionary income their investment can move as quickly as they want. Whoever that’s saying that dca slows down bitcoin accumulation is probably not having regular discretionary income to invest with.

The DCA method attracts Bitcoin investors to invest more, so the DCA method is the best strategy for investing in Bitcoin. Investing in Bitcoin according to the DCA method can certainly be successful, but you have to be patient for a long time during the DCA method. The longer you keep the investment, the more likely it is to be made fit.
Those who do not like to invest in Bitcoin according to the DCA method, are deprived of investment or their discretionary income is very low, which is why they do not like to invest in Bitcoin according to the DCA method.

I agree with you that DCA is a great and stress-free strategy for long-term and patient investors. In my experience, it helps a lot in managing market volatility.

I somewhat disagree with the idea that all those who do not do DCA are disadvantaged or low-income. Many experienced investors prefer to make lump-sum investments during major corrections (deep crashes) by analyzing 'value investing' or market cycles, which is often more profitable than DCA.

So DCA is definitely one of the best and safest strategies, but it is not the only way. The key is to understand your financial capabilities and maintain consistency.

[Sim_card]

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income

You can still accumulate bitcoin using DCA when you have a big discretionary income because it's only through DCA you can keep your bitcoin accumulation ongoing since you are buying weekly, regularly, persist and consistent till you reach your bitcoin target. Since your discretionary income is large, your weekly DCA amount should also be large.

However, for someone with a large discretionary income after setting up his emergency funds and backup funds, he can front load his bitcoin investment and buy aggressively. He will be more flexible to mix all three strategies to reach his bitcoin target faster than someone with a low discretionary income.

There are investors who combine buying through DCA and lump sum, personally I don’t really appreciate buying bitcoin through the DCA or lump sum, I would appreciate buying through the DCA because it makes me more comfortable in buying and accumulating bitcoin.

You are contradicting yourself in the post above because you said you cannot DCA and later said you can only use DCA to accumulate bitcoin because it's a comfortable strategy for you. Do what works for you but I want to let you know that an investor using DCA strategy to accumulate bitcoin and keep his DCA ongoing while he mix it it lump sum whenever he has extra money will definitely have a higher bitcoin portfolio than who is only using DCA and he will definitely reach his bitcoin target faster too.

I love using all the three strategies to accumulate bitcoin when I have the financial strength or when the opportunity comes because it puts you in a better position than only using DCA overtime.

[cyberninja2]

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Many people take the time to learn from past mistakes and develop the right strategy to protect their capital. In my personal experience, waiting for the perfect timing often leads to missed opportunities in Bitcoin. It is impossible to catch a market bottom or the exact right moment.

It is true what they do that learning from experience is one way to introspect themselves to not make mistakes for the second time that will be done because for me it is normal for someone to make mistakes so that they know themselves that what they did was a mistake so that they immediately take action to learn from the mistakes they made with the aim that everything they do must really have a special strategy for the reason of not happening again to the mistakes they have made before where they made mistakes in what they did so that they failed to develop the right time in determining actions towards their efforts to be able to protect existing capital.

[Saltysugar99]

The DCA method attracts Bitcoin investors to invest more, so the DCA method is the best strategy for investing in Bitcoin. Investing in Bitcoin according to the DCA method can certainly be successful, but you have to be patient for a long time during the DCA method. The longer you keep the investment, the more likely it is to be made fit.
Those who do not like to invest in Bitcoin according to the DCA method, are deprived of investment or their discretionary income is very low, which is why they do not like to invest in Bitcoin according to the DCA method.

DCA can be a good strategy for Bitcoin accumulation  especially for newbies. But it is not right to say is that  DCA  has guaranty success. It is not right to say that for everyone or every situation DCA is right way .  The main things of DCA is that it helps investors accumulate Bitcoin regularly .  An investor  can buy bitcoin weekly or monthly according to income source .  So  the investor does not have to think about timing for the perfect DIP. He also has no  pressure of buying a large amount at once . For this reason DCA is very useful for newbies, because they can create an accumulation  system without getting into the price prediction from the beginning.  But DCA is not a magic formula. Many people are doing DCA, but they don't have a backup fund, no discretionary income, and even start panicking after seeing short-term price movements. In their case, the DCA method also doesn't work properly. DCA is just a method of buying Bitcoin. But along with this, cashflow management, patience, backup fund, and having a long-term holding mindset are also very important for an investor.

You mentioned that DCA can be successful, but I don't think it's right to give too much guarantee. It's true that Bitcoin gives profit in the long-term, and even the possibility of profit is high, but future profit is not guaranteed. The DCA method helps investors buy Bitcoin on average, reduces stress, and is a very helpful means of consistent accumulation. But the possibility of success is high only when you can sustain your plan for 4-10 years or more and are not forced sellers or panic sellers. However, it is true that the DCA method can be very beneficial for people with low discretionary income. Because they can DCA Bitcoin with a small amount like $10, $20 or $50 weekly if they want. If income increases over time or if responsibilities decrease, then it is possible to increase the DCA amount. And the amount of investment in Bitcoin should be increased only depending on cashflow, never depending on the price of Bitcoin.

So I will say that DCA is a very good method for Bitcoin accumulation. But success cannot be achieved through investment alone. In addition to the right method of investing in Bitcoin, you need strong cashflow, discretionary income, patience, and a long-term investment mindset. Only then can Bitcoin be properly deposited through DCA.

[Showlove01]

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Many people take the time to learn from past mistakes and develop the right strategy to protect their capital. In my personal experience, waiting for the perfect timing often leads to missed opportunities in Bitcoin. It is impossible to catch a market bottom or the exact right moment.

It is true what they do that learning from experience is one way to introspect themselves to not make mistakes for the second time that will be done because for me it is normal for someone to make mistakes so that they know themselves that what they did was a mistake so that they immediately take action to learn from the mistakes they made with the aim that everything they do must really have a special strategy for the reason of not happening again to the mistakes they have made before where they made mistakes in what they did so that they failed to develop the right time in determining actions towards their efforts to be able to protect existing capital.

In as much as it is normal like you said to make mistake and I also think that in life there are mistake that one should not make or there are mistake they can not afford to make because there are some that can destroy or put someone in a miserable condition and I hope you understand what I'm talking about so not all experience we should have as human. Imagine misplacing or exposing your seed phrase and then you are been monitored till you have an amazing portfolio and the person wipe off everything in your portfolio, can you afford to do that?

[Cgrexp]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.
What makes the dca accumulating strategy unique is that you will have the chance to buy at every price interval, and may even do it aggressively during the dip with your reserve funds, so it's the best Bitcoin accumulating strategy statistically.

It is not necessary that everyone has to make use of the DCA strategy to accumulate Bitcoin, despite it being one of the best strategies for accumulation. And if someone decides to make use of the DCA strategy, it does not mean that the person should be called a trader. As long as someone has money and is ready to buy at once for that period, I don’t think it is a bad thing or that it makes them an impatient trader, because they have not acted like a trader to be called one. So, it is someone’s choice to pick from the different strategies for accumulating Bitcoin. But for me, as a salary earner, I prefer the DCA method.

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income, perhaps it’s also necessary you stick with buying bitcoin through the DCA techniques when you don’t have a very large amount of discretionary income.

There are investors who combine buying through DCA and lump sum, personally I don’t really appreciate buying bitcoin through the DCA or lump sum, I would appreciate buying through the DCA because it makes me more comfortable in buying and accumulating bitcoin.

Your statement are some worth contradictory, having a lump amount does not mean that an investor must buy through the Lump sum he can only do that if it suits him if not there is nothing wrong of him to buy through DCA even though he has a Lump sum amount, at one point you said you don't appreciate buying Bitcoin through the DCA or  lump sum and on the other hand you are also saying you would appreciate buying through the DCA, combining strategies is up to an investor but however we must value our comfort while taken any decision, investors can still hold on to a consistent DCA even when they have a lump sum amount at their disposal is a choice and what you are comfortable with.

The idea of ​​a lump sum investment is either to have a lot of money already in hand, such as someone who is new to Bitcoin, who may have other investments or funds that he is thinking of investing in Bitcoin. Or he may receive some unexpected money and raise additional funds, or he may decide to raise some additional funds by selling a property or other asset to invest in Bitcoin. It is important to distinguish between DCA, lump sum, and buying the dip in their own way so that we know what they are and what the difference is between them. However, in reality, there may come a time when we are buying BTC in a way that is not a pure method but a crossover method. The vague description of these things can sometimes confuse others. Suppose there are some people who are intentionally saving some money for buying the dip. Every week, the person may have deliberately invested 80% of his regular allocation and saved 20% for buying potential dips and may have a specific price in mind or he may be taking action based on the situation. But this is preparation for buying on the dip. However, after a few months, the amount he has saved becomes much more than his normal DCA purchase amount.There is no obligation to invest it all at once if you have extra money in hand. Sometimes we may save money for a specific purpose and if the cost of that purpose is less than the amount saved and some money is saved, it is the investor's personal decision whether to use it for regular investment or in lump sum. The most important thing is that the investor should be able to make decisions in line with his financial capacity, risk-taking ability and mental peace.

[B-BossMan]

If they think it slows down accumulation what would they say about the buy dip strategy, it's funny that someone would think that a strategy that requires investor to be consistent with accumulation is actually slowing down the accumulation process,

To be very honest here, Dip hunting is the most pattern that delays someone from buying Bitcoin. It's even obvious that one of the reasons why some people haven't start buying Bitcoin is because they are scared of the current Bitcoin price. So with this, I believe that anyone who's saying DCA'ing strategy slows down Bitcoin accumulation doesn't know what they aresaying.

For the fact that market timing is not good even makes it very clear that DIP hunting isn't a better strategy on Bitcoin investment. Dip hunting can literally make someone to becoming a no-noiner for a very long period of time. For the fact that market timing is "very very" difficult even proves that at some points Bitcoin can keep on increasing without any prove of market crash at all.
Obviously, one thing about dip hunting is that it exposes you to more of emotional decisions making because you are scared of the current market price, and waiting for a dip doesn't even guarantee that immediately you buy Bitcoin will start skyrocketing. Even after waiting for a dip and you finally bought some Bitcoin, it can keep on crashing and for the fact that the person is scared and very emotional, they will literally sell all our of panic because they are scared of the market.

If an investor or a no coiner start developing interest in dip hunting it's obvious that they will probably lose interest to accumulate Bitcoin for a long term.

Few reasons why DCA strategy is better for everyone is because it doesn't promotes an emotional decision making, and you can actually develop the mindset of investment overtime while accumulating Bitcoin. I believe with regular DCA'ing it promotes consistency, discipline and long term growth. DCA strategy is also flexible, you can buy whenever you have spare money which is your discretionary income. With DCA strategy anyone can buy Bitcoin even when price is low or high.

You are right about some folks who keep hunting for the dips. To so.e extent, it is never a good ideas because the fear of the current Bitcoin price keeps many people from even begin thier bitcoin accumulation journey, they always believe that the price will eventually drop lower as expected so that they can buy at a cheaper price, but the facts is many of them end up not buying at all, years pass while they still waiting for the perfect entry that never comes.

Honestly, the DCA method does not slow bitcoin accumulation in any way. In fact, anyone saying that is either the folks doesn't actually comprehend bitcoin fully or has not experienced how market works over time. Bitcoin has been rewarding alots of people who started accumulating early and stay consistent over time, not those that alway trying to time the market every dip. Moreover DCA strategy works better for every investor by buying bitcoin regularly regardless of the price and continue your stacking steadily over a period of time, the best thing is just start be journey and be building your position than waiting endlessly for the perfect dips.

[Creeper0]

It is true what they do that learning from experience is one way to introspect themselves to not make mistakes for the second time that will be done because for me it is normal for someone to make mistakes so that they know themselves that what they did was a mistake so that they immediately take action to learn from the mistakes they made with the aim that everything they do must really have a special strategy for the reason of not happening again to the mistakes they have made before where they made mistakes in what they did so that they failed to develop the right time in determining actions towards their efforts to be able to protect existing capital.

We should not view all mistakes in the same way and not all mistakes should be considered as mistakes, because their value can vary from time to time. If you make any mistake in the initial stage of investment, then the value of this mistake is more likely to be low, so we can call it a mistake.

But consider, you have been investing for 5-7 years and are very close to achieving the goal, so how much can that mistake be worth? At this time, the value of even a small mistake can be thousands or hundreds of thousands. We cannot definitely call this mistake a mistake, but rather a life-destroying mistake.

I am definitely talking about mistakes in the field of fund security and fund safekeeping. In this regard, mistakes should not be accepted at all, especially when you are an experienced investor and your fund amount is very large. So mistakes should not always be viewed as normal, but it is better to avoid mistakes as much as possible.

[Father111]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.
What makes the dca accumulating strategy unique is that you will have the chance to buy at every price interval, and may even do it aggressively during the dip with your reserve funds, so it's the best Bitcoin accumulating strategy statistically.

Methods used by any investors is unique, providing that an investors feel satisfaction with such methods and never to sell prematurely of any Situation Bitcoin price in market, i want you to note this, as far as Bitcoin investments is concern, every methods is unique to every investors and i don't think investors believe that DCA method can slow any investors down, we all knows that discretionary income can come in any form like big or small, using DCA method doesn't actually mean you will buying Bitcoin in the smallest form but you are to buy aggressively as you can afford to lose and more over DCA has assured all investors not to be afraid of losing everything.

[SmartCharpa]

Many people take the time to learn from past mistakes and develop the right strategy to protect their capital. In my personal experience, waiting for the perfect timing often leads to missed opportunities in Bitcoin. It is impossible to catch a market bottom or the exact right moment.

You are right, many people fail to learn from their previous mistakes, there are still many people out there waiting for the perfect time to buy, while there is really no such thing as a perfect time when it comes to investing in Bitcoin. The more you wait for the perfect moment, the more opportunities you waste to buy. I think those who believe there is a perfect time should ask people who failed to buy maybe five years ago, many of them are now regretting not buying when the price was very low.

One thing we should understand is that the price is unpredictable, we cannot tell the next move of Bitcoin, so why do people keep deceiving themselves that they know the right time to buy? Last week the price of Bitcoin was above $80k, and now it has dropped below where it was last week. And nobody predicted that the price would fall below that level. So the best thing is to buy with the amount you can afford to lose instead of always trying to predict its next move.

[Charcol]

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.

An investor bitcoin dca accumulation can go as fast as they want provided they can regularly figure out their discretionary income and invest frequently. What will only slow an investor dca accumulation down is when they are not having frequent discretionary income to invest with. Provided they can figure out their discretionary income their investment can move as quickly as they want. Whoever that’s saying that dca slows down bitcoin accumulation is probably not having regular discretionary income to invest with.

The DCA method attracts Bitcoin investors to invest more, so the DCA method is the best strategy for investing in Bitcoin. Investing in Bitcoin according to the DCA method can certainly be successful, but you have to be patient for a long time during the DCA method. The longer you keep the investment, the more likely it is to be made fit.

Regular buying can certainly be a good way to save Bitcoin. But which method is best for an investor depends on his income, expenses, emergency fund, discretionary money, risk tolerance, time frame, and mental state. Not everyone has the same income pattern and timing, some earn weekly, some monthly, and some irregularly. Some can buy every week or month, while others can buy a large amount of discretionary money from time to time for contractual work, and can buy a part of it in one go, keep some for regular purchases, and keep some as an emergency fund or reserve fund.

Those who do not like to invest in Bitcoin according to the DCA method, are deprived of investment or their discretionary income is very low, which is why they do not like to invest in Bitcoin according to the DCA method.

In my opinion, regular purchases can create a strong foundation. But it is not right to call all those who do not follow a regular purchase pattern deprived of investment or low-income people. Some may receive contractual income, they may prefer to make one-time investments instead of regular purchases. Not being able to follow regular purchases is not the main problem, rather the main problem is waiting for prices despite having discretionary money and procrastinating or buying based on emotions without planning.

[Lembo69]

Perhaps it’s not necessary to accumulate bitcoin using the DCA techniques when you have a huge amount of discretionary income, perhaps it’s also necessary you stick with buying bitcoin through the DCA techniques when you don’t have a very large amount of discretionary income.

There are investors who combine buying through DCA and lump sum, personally I don’t really appreciate buying bitcoin through the DCA or lump sum, I would appreciate buying through the DCA because it makes me more comfortable in buying and accumulating bitcoin.

Those who have extra discretionary income can buy a large amount of Bitcoin without DCA if they want. However, if someone is new to Bitcoin investment, then investing a large amount at the beginning will not be a very reasonable decision. A new investor should first buy Bitcoin step by step through the DCA strategy. Because a new investor needs to learn and understand a lot about the market. Therefore, investing a large amount at once at the beginning can increase the risk. The DCA strategy gives us peace of mind, because it provides an opportunity to accumulate Bitcoin gradually. Also, this strategy helps to maintain discipline in investing and helps to accumulate Bitcoin regularly in an orderly manner.

[New Judgement]

To be honest, you are trying to say that people who has huge amount of money doesn't necessarily need to use DCA strategy, so you are likely wrong on your statement. Anyone can use DCA strategy to accumulate Bitcoin. What you should have talked about is that if they have huge amount of money as discretionary income, they should increase their DCA'ing amount to a higher one.
Like for example, if they have been DCA'ing with $50 before (while discretionary income was low), and luckily for them they tried to increase their source of income by creating more change for side hustle and to earn higher, they should try as much as possible to also increase their DCA'ing amount, from $50 to $75 or higer amount which they can afford.

What will determine if their dca amount will increase is the discretionary income they have left. It’s not about the investor trying to increase their dca amount, they can only increase it if they have more discretionary income left, more than they usually get before. Sometimes you might have increase in your income, but discretionary income is not increasing alongside it. Your household and personal need expenditures might end up taking up much of it. At that point you can’t increase your dca amount, especially when those needs are the ones you can’t neglect. So you don’t just increase your dca amount like that, if you do you might end up having problems keeping up with the running of your household. Your discretionary income should always decide if there should be an increase in your dca amount or not.

[JayJuanGee]

Even a person who might have had been investing $100 per week for years and years and years, he might find himself into a situation in which he suddenly has more money (such as he has an extra $2k), so then maybe he decides to invest $500 per week for the next 5 weeks in order to accommodate his having the extra $2k.

Yes, buddy, it's very realistic. In addition to doing regular DCA (Dollar Cost Averaging), when additional funds come in, it is wisest to invest them in 5-10 weeks (Enhanced DCA) rather than investing them in the market all at once. If you invest a large amount of lumpsum at any high price in a bull market, you will regret it later. Instead, if you maintain a cash cushion in a volatile market according to the strategy you mentioned, the portfolio is much more secure and the average buying price is also under control.

I was not proclaiming that spreading $2k over 5 weeks was the smartest or the best way to deal with getting an extra $2k, even though I was asserting that when a guy receives an extra $2k, like in the example that I gave, then the guy has options in terms of how he might choose to deploy such extra $2k that he has available.  Spreading it out over 5 weeks is one of the options, and other options are available - which is one of the good things when we have extra money and we also have already put a practice of bitcoin buying in place.

Another point that I was making is that if a guy had already been investing at $100 per week for 5 years, then he would have had already invested $26k over those 5 years, so even though the guy might invest $500 rather than $100 for the next 5 weeks based on his having had received the $2k extra, that larger portion of investment (a total of $2k extra) is not likely to make a large difference to his overall bitcoin portfolio - which is further the case if the BTC price had gone up during those 5 years (for example in the last 3.5 years, we might say that the BTC price went up 3.5x from $20k-ish to $75k-ish).  In any case if the guy's bitcoin portfolio had appreciated in value, even by 2.5x, then his portfolio had become $65k as compared with the $26k that he had put in, yet when he puts an additional $2k into his holdings, it is only around 3% of the total value of his holdings.  

The same is true the longer and longer that we are in bitcoin.  It is likely that our additional contributions become a smaller and smaller part of our holdings.  Think about a guy who had been investing $100 per week 10 years and he put $52k into his bitcoin investment, and perhaps the bitcoin went up by more than 5x or maybe even 10x, and so if he continues to invest $100 per week, it does not seem like a large amount as compared to the total dollar value of his holdings.

In the beginning, and even the first few years, it may well seem that the BTC holdings are growing with each investment, yet after several years, the amount of growth might seem slower and slower, even if with the passage of more years, guys might increase their BTC investment amounts based on increased income and/or increased discretionary funds being available.

DCA does not need to be considered as small, especially for any guys who might be structuring their bitcoin buys to be as aggressive as they can without overdoing it.. and sure, the tension is ongoingly existing in regards to how not to overdo it.. by making sure that the back up funds are sufficient and that a person is not changing his aggressiveness based on reasons that are causing him to be emotional rather than making sure that he is sticking within the strength of his cashflows and his back up funds.

When I initially placed overly aggressive buy orders on every dip, I often lost my backup fund balance. Later, I realized that buying Bitcoin at the risk of fiat currency cash flow and emergency funds was not a wise move. It is good to be hyper-aggressive, but it should be purely mathematical, not emotional FOMO.Keeping a certain backup fund aside, maintaining the maximum DCA within your limits is essentially the only way to survive in the long term and maintain peace of mind.

I am glad that you seem to have had learned from your experience, and overdoing it on dips (increasing the level of aggressiveness on dips) seems to be a common inclination that guys want to do, but then they may well end up overdoing it when the increase their level of aggressiveness based on bitcoin price dips and then they end up stressing themselves and/or even scrambling if they end up coming accross circumstances in which their income goes down and/or their expenses go up.. so then the guys who put themselves into such a situation may well end up with way less cash, and either they have to stop buying bitcoin, use up the remaining of their back up funds or worse yet if they end up having to sell some or all of their bitcoin to be able to deal with their period of cashflow shortfall issues.

Bro...Many people believe that DCA slows down Bitcoin deposits. But I agree with you that it never slows down Bitcoin deposits.

Anyone that thinks that dca accumulating strategy slow down Bitcoin accumulation is just an impatient traders that thinks that a proper  Bitcoin accumulation is something that happens overnight, without looking at the fact that it happens overtime when you are consistent in your dca accumulating strategy.
What makes the dca accumulating strategy unique is that you will have the chance to buy at every price interval, and may even do it aggressively during the dip with your reserve funds, so it's the best Bitcoin accumulating strategy statistically.

Yeah DCA strategy is not a slow form of accumulating bitcoin, in fact it’s the best way to be successful in your bitcoin accumulation journey, it’s not all about fast it’s about succeeding, if you are fast and end up dipping your hands into your bitcoin investment you have failed especially if you end up selling all your bitcoin, people should not be aggressive in accumulating bitcoin because it’s very risk, there are things you should have before being aggressive which are backup funds.
DCA strategy is not slow, however if you have the financial ability to do a lump sum it is also good, I always advise people to go for the strategy that will be comfortable for them.

i dont seem to agree with this very statement that someone must need to build or have a backup funds before buying bitcoin aggressively because as far as one is not being over aggressive with the buy in such a way that the individual is not using funds meant to solve his basic financial needs to buy aggressively then even without building or having a backup funds first then there is nothing wrong if the person is buying bitcoin aggressively. aggressive buying is done according to someones financial capabilities weather having a backup funds or not, if such person have the financial power to do so then theres nothing wrong with that. what i think an investor should do before buying aggressively is to ensure that he have taken care of his basic needs and not to be overaggressive in it which could be disastrous at the end because of being over aggressive forgetting that he have other pressing basic needs he needs to settle before embarking on aggressive buying.

You are speaking in confusing ways Brizi5000.

It seems to me that having various kinds of back up funds is the definition of financial power that gives a person flexibility to be able to be aggressive and even to make mistakes, since the back up funds would be able to smooth over many of the mistakes that the investor might make - as long as the mistakes are not totally outrageous.

Aggressiveness versus whimpiness in investing is a choice.  The guy sees how much discretionary income he has, and he chooses how aggressive that he wants to be within the range of his discretionary income, yet if he does not have back ups, he cannot know if he is spending from money that he needs for expenses and therefore spending beyond his discretionary funds.

When guys are suggesting that they can be aggressive, even if they don't have strong back up funds, then I wonder how they deal with situations in which they might have had made some mistakes and/or some unexpected loss of income and/or increases in expenses ended up arising.  If you have no back up funds, you have no way to deal with changes in your income and/or expenses, and you have to sell some or all of your bitcoin in order to deal with the matter, which turns aggressiveness into overaggressive - which we should be careful in our crossing into overaggressiveness with our bitcoin investing behaviors - since many guys who are serious about bitcoin investing, they want to make sure that they are ongoingly ending each month with more sats than they had in the prior month..  - especially if they are in their accumulation phase.  

If they are in their maintenance phase, then guys may well be just be aiming to keep their bitcoin holdings within a range of its maintenance size (such as within 10% of a certain amount) that they deem to be an acceptable amount.

If they are in a sustainable withdrawal phase, they may well be willing to accept a certain ongoing drawing upon the bitcoin stash, even though the dollar value of the stash may well continue to grow, even while the stash size might be going down several percentage points each year, and sustainable withdrawal is different from liquidation, and even in liquidation there may be a pace that a person might be aiming for over a period of time rather than selling all of their bitcoin in one setting - though people make all kinds of choices and sometimes they might make mistakes.

Of course, in this thread, we tend to largely talk about the bitcoin accumulation phase, since that is the place that many (if not most?) guys are.  It tends to take a long time to build up a decent sized bitcoin stash, and building up the bitcoin portfolio is quite a great challenge whether a guy is rich or poor and whether the guy is ONLY allocating from his income as it comes in or if he might be reallocating from other investments.  At the same times, if a guy is really investing, rather than fucking around with trying to trade and/or gamble, then the options of the maintenance phase and/or sustainable withdraw do not really kick in until the accumulation phase guys have gotten to a decently-sized bitcoin stash, whether they reach overaccumulation status or start to get close to reaching overaccumulation status.  

At the same time, guys tend to do sometimes miscalculating in regards to figuring out when they have gotten to overaccumulation status.

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Then you are the one who is mistaken and I am sure that @JJG would agree with this. If you start buying Bitcoin aggressively without backup funds which means it is beyond your discretionary income, you are a gambler. That is the difference between gambling and investing. It is even more the case for people who are not familiar with Bitcoin or investing in general that they should never do this. When they buy aggressively they will create positions that are too large for what they are able to happen and then when a bad day comes like we have had that crash a few months ago, this will lead them to panic and liquidate at a loss. There have been thousands and thousands of such stories and cases which proves that people should not be doing this.

Users should accumulate with a DCA strategy within their means. Only advanced users who are familiar with what they are doing should consider adding other things or doing other things. For example they could add well timed lump sum purchases on top of the existing DCA when appropriate.

This is exactly correct Dogedegen. One of the only ways for guys to accomplish aggressive buying of bitcoin in a responsible way is to have back up funds.  Yes, the level of aggressiveness within the quantity of discretionary funds is an option, yet if guys are maximizing out their discretionary funds by buying bitcoin, and failing/refusing to maintain adequate and/or sufficient back up funds, then they seem to be engaging in gambling rather than investing.

Even if guys have well paying jobs that provide them with a decent amount of discretionary funds, if they have no back up funds, they are fucked if they don't receive their pay or some other matters happen in regards to their pay.  And, they could even have several sources of income, and all of the various sources of income could dry up, which causes them to be fucked as well. Guys try to be smarter than everyone else and not have back up funds, and sooner or later, they are going to get themselves into trouble from such practices.

Of course, many times we talk about having something like 3 months of expenses in cash as our back up funds, yet surely guys who build their assets for long periods of time, they are going to have all kinds of back up funds that likely go beyond 3 months of their expenses. They will have cash, other assets (investments), friends/relatives who will give them money, a credit line, and even well backed up folks might make mistakes, yet it may well not hurt them to make mistakes in ways to take them out of their bitcoin, since they have the various back up funds (and back up resources).  

Guys who are not rich, and maybe they only have a strong income, they have to purposefully make it a point to build up their back up funds prior to becoming aggressive in their investment approach, otherwise they are just gambling with their bitcoin, as you mentioned Dogedegen..

And gambling might work out several times, until it doesn't.. and there are so many guys who could have had, would have had and should have had many bitcoin, yet they screwed it up at various points along the way because they got into a rush or they wanted to have "all of their money working for them" and various other bullshit excessive risk taking practices that ended up taking them out of the game to become a no coiner (or at least greatly reducing their bitcoin stash size to become a low coiner) based on matters that they could have had controlled - and the practice of building and maintaining back up fund is a key way to deal with variations (fluctuations) in the income and/or the expenses that are not always completely known in advance...and having a back up fund provides for an ability to be aggressive in the choice of how much to invest from the discretionary funds.

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Getting aggressive with your accumulation has nothing to do with having your back up funds ready or not. Yes of course back up funds is also an important part of your investment that cannot be neglected but then it has nothing to do with your aggressiveness when accumulating. To be aggressive what really matters is your discretionary income and how much money you allocate into purchasing Bitcoin which means your level of aggressiveness is determined by the purchasing power and not affected by having back up funds or not.

Surely one of the main ways that our level of aggressiveness is measured is within our discretionary funds.  Guys who invest small amounts of their discretionary funds are investing whimpily and guys who are investing large amounts are investing aggressively.  There tends to be a range of choice, and how aggressive a person chooses to invest into bitcoin is a choice that they can try to stay consistent or they can vary every week.  It is the choice of each of us, within the scope of our discretionary funds. At the same time, I have some difficulties understanding how a guy could consider himself capable of investing aggressively without having back up funds.  That hardly makes any sense in terms of investing, even though it does make sense in terms of someone who wants to gamble with his bitcoin investment, which I would not recommend doing.

Surely, on many occasions we have discussed in this thread that we do not have to have our back up funds built prior to getting started investing in bitcoin.  We usually can start investing into bitcoin from where we are at, so long as we can figure out that we have discretionary funds, yet if we have absolutely no back up funds at the time that we get started, we cannot invest all of our discretionary funds, we have to use some of those funds to start building our back up funds.... so then as we are building and maintaining our bitcoin holdings in the weeks, months and years that come, we would be doing the same with our back up funds.. building and maintaining them... and we have to use judgement to figure out what is reasonable in terms of our current discretionary funds but also our expectations of our future discretionary funds.

Even if we are building our back up funds and our bitcoin investment at the same time, we better not be investing into bitcoin with absolutely no back up funds, even though sometimes there could be variance when we tap into those funds and then questions of how fast to build them back as compared with continuing to maintain and to build our bitcoin holdings.. These are judgement calls that each of us needs to make.. and if we screw it up, we are the ones that have to pay for our screw ups.  It would make little to no sense to try to be overly skimpy on the back up funds amount, even though maybe a guy could take several years to build up his bitcoin investment and his back up funds, yet perhaps if he has periods of absolutely zero back up funds, he may have to give greater emphasis to making sure that he has enough back up funds so that he can deal with any situations in which his income might go down and/or his expenses might go up and to guard against his investing beyond his discretionary funds.

So many times I mention that guys need to have and deploy common sense in regards to their investing into bitcoin and also their attempts to manage their cashflows and to making sure that they are building strong cashflow systems/practices, which surely includes the building and maintenance of back up funds, and guys have to use common sense to figure out how to accomplish all of these matters in ways that are reasonable to their individual circumstances and their assessment of their individual circumstances.. and sometimes they need to slow down and sometimes they need to learn, and I would imagine that common sense would help to guide normal folks in their getting involved in bitcoin and also their investment in bitcoin and their strengthening of their cashflow management systems/practices.

And yeah, maybe we are not very accustomed to using our common sense to work out problems and to exercise good judgement, and surely if we might be new to investing and managing our cashflows, then we may well have to error on the side of caution as we get used to these new kinds of activities.. and I personally tend to presume that guys tend to operate with a bit of a cash cushion in their own ways of dealing with their income and their expenses (maybe they have 2-6 weeks of their expenses that they keep as a cushion?), even prior to investing in bitcoin, yet once they are investing in bitcoin, there is more reason to manage cashflows better and to keep more back ups funds (whether they are all in cash or not, the basic 1st month or so should be in cash in the local currency), since bitcoin tends to be very liquid and very volatile, so guys can be tempted to sell their bitcoin or fail to ongoingly buy bitcoin based on their own failures in their cashflow management (and their building and maintenance of back up funds).  

[Alonso_]

You are right about some folks who keep hunting for the dips. To so.e extent, it is never a good ideas because the fear of the current Bitcoin price keeps many people from even begin thier bitcoin accumulation journey, they always believe that the price will eventually drop lower as expected so that they can buy at a cheaper price, but the facts is many of them end up not buying at all, years pass while they still waiting for the perfect entry that never comes.

Waiting to buy the dip have never been a very good idea, because it makes an investor miss out on good opportunities of buying and accumulating bitcoin on a regular basis, guys who are scared of buying bitcoin in this current price, I would think they’re not ready to start investing in bitcoin, as long as there is a DCA they can start buying bitcoin no matter what the price of bitcoin is in the market, waiting for the dip have never been a good strategy when buying and accumulating bitcoin, consistency is more important than waiting for an unprecedented dip that we don’t know when it’s going to happen.

[Big Dirams]

The idea of the DCA being slow comes from people who want to go into investing with short term plans, if you are actually planning on the long run then DCA won't seem as slow, a simple look at probability will show that using an average amount from your discretionary income on a weekly basis for a few years will push your holdings a long way from where you started, this isn't even about the profit, it's just about how much you would have invested in bitcoin already by then, what this shows is that DCA isn't slow, it just seems like it.

An investor who even thought of DCA being slow is definitely aiming for short term gains and the short term investment is just about the profits. When an investor have long term mindset towards their bitcoin journey then such investor wouldn’t even see DCA as a slow strategy because such investors doesn’t need to worried about the journey being slow because it just about the long term so why in a rush.
 Seeing DCA as a slow strategy shows a little attributes of a traders mindset which is chasing after short term Profits and that not what we should prioritize.