JJG’s Outline of Bitcoin Investment Ideas

[SPIDERMAN008]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

This kind of opportunity is a momentum for us to buy Bitcoin because this opportunity is certainly because the current market price is very supportive for us to buy Bitcoin in any amount with our goal in doing so is only to increase the number of BTC that we have so that an opportunity like this is certainly not one we should miss for the reason that it is a good thing to increase Bitcoin when accumulating BTC only with the decline in market prices which are currently in a significant decline at $62,000 tonight's price because this morning the figure was below the one listed here, namely $60,000, meaning that what I need to say for all parties is that it is very appropriate to accumulate because numbers like this rarely occur because previously the market price had been holding for a while at $80,000 and above so when this price decline occurs it is an opportunity that is awaited by those who have money or capital to accumulate by using the DCA pattern or strategy when buying Bitcoin.

If you can buy Bitcoin when the price of Bitcoin is low, it is a really good opportunity. Now the price of Bitcoin has decreased a lot compared to the previous year . No one can say for sure whether the price will decrease or increase in the future. However, if you think about long-term holding and accumulation, this price fluctuation will not have such an effective effect in the short term. But the opportunity of the price being low at this time will really work, if someone can do DCA from discretionary income. Because the price has been between $80K+- and $60K+- for a long time. If the price then dips further and stays there for some time, then it will still be advantageous for investors in the DCA method. I am only saying here that it can be advantageous. However, I never support investing in Bitcoin from the wrong fund depending on the price.

[RockBell]

The right time to buy Bitcoin is now.

This is absolutely misleading man, both for new members coming in and also others too. One thing we must understand is that there isn’t a right time to buy bitcoin, and most importantly having the long term mindset of holding bitcoin and applying DCA gives us more opportunities to buy bitcoin at any given conditions either during highs or lows it all depends on the investor.

“Buying now” such statements is very misleading because we know how the market is unpredictable so you suggesting buying now is a wrong idea.
Buying now at lows is a smart idea for those using DCA  but some new members might not have the idea of what you are saying so they might end up rushing into buying now with all they have and later face the consequences of their actions.
No right time to buy bitcoin, we can buy at any given time the important thing is our mindset toward it either long term or short term that will determine if our buys is right.

There is absolutely nothing misleading about Rockstarguy statement, infact you are the one twisting everything up and maybe it is because you don't really understand where he is coming from...Now being the right time to buy discourages any form of delay and procrastination and then remind folks that waiting for the best point of entry may continually lead to missed opportunities... The fact remains that no one can perfectly predict the market and so it would be be wise for folks to take action and kickstart their accumulation journey as soon as they have their discretionary income handy...

Anyone who still think or believe he or she can predict the market correctly or exactly is not really interested or serious to accumulate bitcoin because we have pass the time where folks will want to predict or wait for the market to get to a particular price before they will accumulate unless the person wants to trade because traders are the people that wait for what they call perfect entry point which is being unrealistic because there is nothing to prove their fact or point. The DCA method is very much active to use to start our bitcoin accumulation and it does not really matter how much we have as we can grow gradually with consistency.

There are times that the market can be predicted but not always, and for those that want to hold as for me it will be better not to think about the market prediction because its of no value at this point the only thing that will matter at this point will be for you to just buy and hold and not just hold it going to be to hold for a very long time when you have this intention then i don't see the reason why that you pressure you self about market prediction the only people that should be dealing with that will be the traders because that is the only way that they can trade so the business of a holder is to have a strategy of buying depending on financial status, and for DCA it does not matter your financial status so which ever and this message is only for does that want to buy and hold and the only thing that i will agree with that consistency.

[Mia Aven]

If you want to invest in Bitcoin, you should definitely invest in the long term. Because the more you use it according to the discretionary rules, the more Bitcoin you will be able to accumulate. Bitcoin should be invested in the long term, not in the short term.
In this current situation, Bitcoin investment plays the most effective role, if you do not invest in Bitcoin at the right time, then you are ruining your future. Therefore, you should definitely hold Bitcoin investment in the long term by using discretionary income.

The right time to buy Bitcoin is now. Every time you have the opportunity to buy Bitcoin, waiting for a particular time or day is not the best approach. Instead, buying at the moment when you think of purchasing Bitcoin is advisable.

Waiting for the best time to buy Bitcoin is just a waste of time and opportunities. Starting to buy Bitcoin now is the best way to enter the market because buying at a specific time is not better than when you should have bought. It is important to understand that investing in Bitcoin is a long-term commitment, and this is the mentality every investor needs to adopt.

Market timing is really tough… constantly waiting for the perfect moment can cause you to miss good opportunities. Having a long term mindset for Bitcoin is definitely smart.
That said, it's not always ideal to say 'buy right now' because the market can still drop more in the short term. A safer way is to start small, buy gradually over time using DCA method, and only use money you can comfortably afford to lose.

By can lose money, do you mean that you will lose money if you invest?

[icebar]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

This kind of opportunity is a momentum for us to buy Bitcoin because this opportunity is certainly because the current market price is very supportive for us to buy Bitcoin in any amount with our goal in doing so is only to increase the number of BTC that we have so that an opportunity like this is certainly not one we should miss for the reason that it is a good thing to increase Bitcoin when accumulating BTC only with the decline in market prices which are currently in a significant decline at $62,000 tonight's price because this morning the figure was below the one listed here, namely $60,000, meaning that what I need to say for all parties is that it is very appropriate to accumulate because numbers like this rarely occur because previously the market price had been holding for a while at $80,000 and above so when this price decline occurs it is an opportunity that is awaited by those who have money or capital to accumulate by using the DCA pattern or strategy when buying Bitcoin.

Even though you use the word "DCA", your reasoning seems to be more like "see the price decline and seize the opportunity". This is not pure DCA, but rather it is closer to dip buying. DCA is saving from regular discretionary income regardless of the price. If the price drops, you can buy extra, but that is a different matter and that too should be within the limits of your cash flow, emergency fund, reserve fund and discretionary income.

In my opinion, before thinking that "the dip is going away", you need to understand your financial situation. If someone has $20 discretionary income per week, they can start with $20. Again, if someone has $100, they can do it with $100. But no matter how small or large the amount, it should be regular, sustainable and within your limits.

[Abbatty]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

If you’re saying the statement is wrong or misleading, are you suggesting they wait till the market start going back up before they start buying?

All these are just misunderstanding between you too. I agree with you that the best time to buy Bitcoin was yesterday, and another best time to buy is now, wether it is a dip market or not, as long as your discretionary income is available and ready, buying and starting your Bitcoin accumulation journey is what you should do, their is no point in wasting time.

The only thing that is wrong is when you are waiting for the dip before buying, but as long as you are not waiting for it before buying, then it's never a problem even if you buy aggressively within the confinement of your discretionary income.

For whatever strategy you are using to accumulate bitcoin now is an added advantage to try to accumulate as much as possible. For those using the DCA strategy, accumulating constantly have been their routine so this period only an advantage to get more, while for those using the Buy the dip, this period is the actual time to strike, for some who might want to wait for more dip is on a risk because we don’t know when the dip will end.

So for every strategy you are using make sure you make most of this Dip and accumulate much investment. But also even as we are trying to take advantage this period we should make sure we are buying within our discretionary income. We shouldn’t get carried away and involve the mindset of a trader in our investment.

[Charcol]

If you want to invest in Bitcoin, you should definitely invest in the long term. Because the more you use it according to the discretionary rules, the more Bitcoin you will be able to accumulate. Bitcoin should be invested in the long term, not in the short term.
In this current situation, Bitcoin investment plays the most effective role, if you do not invest in Bitcoin at the right time, then you are ruining your future. Therefore, you should definitely hold Bitcoin investment in the long term by using discretionary income.

The right time to buy Bitcoin is now. Every time you have the opportunity to buy Bitcoin, waiting for a particular time or day is not the best approach. Instead, buying at the moment when you think of purchasing Bitcoin is advisable.

Waiting for the best time to buy Bitcoin is just a waste of time and opportunities. Starting to buy Bitcoin now is the best way to enter the market because buying at a specific time is not better than when you should have bought. It is important to understand that investing in Bitcoin is a long-term commitment, and this is the mentality every investor needs to adopt.

Market timing is really tough… constantly waiting for the perfect moment can cause you to miss good opportunities. Having a long term mindset for Bitcoin is definitely smart.
That said, it's not always ideal to say 'buy right now' because the market can still drop more in the short term. A safer way is to start small, buy gradually over time using DCA method, and only use money you can comfortably afford to lose.

By can lose money, do you mean that you will lose money if you invest?

There is often a saying "invest only what you can afford to lose".  This does not mean that "ability to lose" means wanting to lose money. Rather, "ability to lose" means that we should take risks considering our financial situation when taking risks. No investment is without risk. Bitcoin also has risks. Although the possibilities are very high in Bitcoin, but no one can guarantee it. You started investing because the price is increasing, no one knows what will happen in the next 1 year. It may also be that the price of Bitcoin may decrease by up to 50% after 6 months or 1 year after starting the investment. If you consider your financial situation from the beginning, invest with discretionary income excluding expenses, then even if the price drops by 50%, you will not lose. Because the money you invested is actually additional money or discretionary income outside your expenses. But if you invest the necessary money that you will need after 2-3 months, then when the price is low, you may definitely have to sell it. Therefore, "as much as you can afford to lose" does not mean that you want to lose money.  Rather, it means taking risks based on your own financial situation.

[abaeze]

[Edited out]
If the price then dips further and stays there for some time, then it will still be advantageous for investors in the DCA method. I am only saying here that it can be advantageous. However, I never support investing in Bitcoin from the wrong fund depending on the price.

I also never support investing in the wrong fund based on price. Because if you invest with money to meet family expenses or other necessary expenses, it is wrong and later there is more risk of loss than profit. So if someone invests regularly in the DCA method with discipline, then you do not have to worry about the price going down or up and all the market opportunities are automatically achieved.
Generally, when the price goes down, it should be seen as an opportunity and it is prudent to watch out so that that opportunity is not missed. However, there is an important point here that investment cannot be called automatically advantageous just because the price has gone down, because it will be advantageous for everyone only when the investor goes ahead with a long-term plan and invests from regular discretionary income.

[Cgrexp]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

If you’re saying the statement is wrong or misleading, are you suggesting they wait till the market start going back up before they start buying?

All these are just misunderstanding between you too. I agree with you that the best time to buy Bitcoin was yesterday, and another best time to buy is now, wether it is a dip market or not, as long as your discretionary income is available and ready, buying and starting your Bitcoin accumulation journey is what you should do, their is no point in wasting time.

The only thing that is wrong is when you are waiting for the dip before buying, but as long as you are not waiting for it before buying, then it's never a problem even if you buy aggressively within the confinement of your discretionary income.

For whatever strategy you are using to accumulate bitcoin now is an added advantage to try to accumulate as much as possible. For those using the DCA strategy, accumulating constantly have been their routine so this period only an advantage to get more, while for those using the Buy the dip, this period is the actual time to strike, for some who might want to wait for more dip is on a risk because we don’t know when the dip will end.

So for every strategy you are using make sure you make most of this Dip and accumulate much investment. But also even as we are trying to take advantage this period we should make sure we are buying within our discretionary income. We shouldn’t get carried away and involve the mindset of a trader in our investment.

It is wrong when guys tend to change their aggressive stance on Bitcoin acquisition based on changes in the price of Bitcoin, rather than their own financial situation. If they realize that their financial situation is quite strong based on recent events  such as receiving some extra pay or getting rid of some expenses  or they find some additional funds to invest in Bitcoin, then they may be in a position to increase their investment based on the strength of their financial situation, rather than making a big change based on the idea of ​​a price drop. On the other hand, many investors may conclude that the price of Bitcoin is currently at a low point that is suitable for increasing their investment. But if someone considers themselves to be in the early stages of Bitcoin acquisition, it may not be good for them to change their financial situation too much to invest a large sum of money at once, especially in a situation where their financial situation has not changed much and they are just getting excited about the current price decline. We should try to restrain ourselves from getting emotional about Bitcoin. Many people may want to change their level of aggression based on the price from time to time, and they certainly have the right to do so. However, this may not be a very disciplined approach to Bitcoin investing. Especially since many of us who are in Bitcoin with an investment mindset probably realize that it could take 10 years or more to build up our Bitcoin holdings to a meaningful amount.

[Silikiem]

The right time to buy Bitcoin is now.

This is absolutely misleading man, both for new members coming in and also others too. One thing we must understand is that there isn’t a right time to buy bitcoin, and most importantly having the long term mindset of holding bitcoin and applying DCA gives us more opportunities to buy bitcoin at any given conditions either during highs or lows it all depends on the investor.

“Buying now” such statements is very misleading because we know how the market is unpredictable so you suggesting buying now is a wrong idea.
Buying now at lows is a smart idea for those using DCA  but some new members might not have the idea of what you are saying so they might end up rushing into buying now with all they have and later face the consequences of their actions.
No right time to buy bitcoin, we can buy at any given time the important thing is our mindset toward it either long term or short term that will determine if our buys is right.

There is absolutely nothing misleading about Rockstarguy statement, infact you are the one twisting everything up and maybe it is because you don't really understand where he is coming from...Now being the right time to buy discourages any form of delay and procrastination and then remind folks that waiting for the best point of entry may continually lead to missed opportunities... The fact remains that no one can perfectly predict the market and so it would be be wise for folks to take action and kickstart their accumulation journey as soon as they have their discretionary income handy...

Anyone who still think or believe he or she can predict the market correctly or exactly is not really interested or serious to accumulate bitcoin because we have pass the time where folks will want to predict or wait for the market to get to a particular price before they will accumulate unless the person wants to trade because traders are the people that wait for what they call perfect entry point which is being unrealistic because there is nothing to prove their fact or point. The DCA method is very much active to use to start our bitcoin accumulation and it does not really matter how much we have as we can grow gradually with consistency.

There are times that the market can be predicted but not always, and for those that want to hold as for me it will be better not to think about the market prediction because its of no value at this point the only thing that will matter at this point will be for you to just buy and hold and not just hold it going to be to hold for a very long time when you have this intention then i don't see the reason why that you pressure you self about market prediction the only people that should be dealing with that will be the traders because that is the only way that they can trade so the business of a holder is to have a strategy of buying depending on financial status, and for DCA it does not matter your financial status so which ever and this message is only for does that want to buy and hold and the only thing that i will agree with that consistency.

I don’t know but I think this statement is trying to say that there’s a time that one can really predict the market price where as bitcoin is highly volatile and unpredictable, and can go a long way to suggesting to newbies into believing that there’s a time they can actually wait to predict the market before buying. When exactly can the market be predicted correctly, I don’t think there’s anytime to predict the market even though lots of so called market experts were able to speculate and luckily get doesn’t mean all their guess or speculation can come true which shows how unpredictable the market really is because they are not 100% sure. It is better to focus on figuring out a discretionary income to use and accumulate bitcoin at since the DCA helps to purchase at any market price without actually getting to feel the impact of the risk associated with market volatility than trying to follow market speculations.

[SmartCharpa]

There is absolutely nothing misleading about Rockstarguy statement, infact you are the one twisting everything up and maybe it is because you don't really understand where he is coming from...Now being the right time to buy discourages any form of delay and procrastination and then remind folks that waiting for the best point of entry may continually lead to missed opportunities... The fact remains that no one can perfectly predict the market and so it would be be wise for folks to take action and kickstart their accumulation journey as soon as they have their discretionary income handy...

Anyone who still think or believe he or she can predict the market correctly or exactly is not really interested or serious to accumulate bitcoin because we have pass the time where folks will want to predict or wait for the market to get to a particular price before they will accumulate unless the person wants to trade because traders are the people that wait for what they call perfect entry point which is being unrealistic because there is nothing to prove their fact or point. The DCA method is very much active to use to start our bitcoin accumulation and it does not really matter how much we have as we can grow gradually with consistency.

Long term investors don’t care about predicting the market, only those who are chasing a quick profits focus on trying to predict the market. Nobody really knows what the market will do next until it happens. The market dropped from over $70k and is now trading around $63k, nobody could tell that they saw it coming. However, many people who claim they can predict the market are just gambling trying to outsmart the market. Instead of trying to predict the market next move, it’s only better to use that energy to buy for a long term.

By can lose money, do you mean that you will lose money if you invest?

Of course, Bitcoin is also a risk, so there is always a chance of losing money. We have no control over the market, which is why people always say invest only what you can afford to lose. If the market does not go as expected, it will not affect you because you are not investing money meant for other expenses. You can also lose if you invest the wrong way. Perhaps you don’t have any knowledge of bitcoin and invest without understanding how the market works, you may fear and sell at a loss when the market goes down since you have no idea it could rise again. In addition, you can lose everything if your goal is to make profits within a short periods.

[Father111]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

This kind of opportunity is a momentum for us to buy Bitcoin because this opportunity is certainly because the current market price is very supportive for us to buy Bitcoin in any amount with our goal in doing so is only to increase the number of BTC that we have so that an opportunity like this is certainly not one we should miss for the reason that it is a good thing to increase Bitcoin when accumulating BTC only with the decline in market prices which are currently in a significant decline at $62,000 tonight's price because this morning the figure was below the one listed here, namely $60,000, meaning that what I need to say for all parties is that it is very appropriate to accumulate because numbers like this rarely occur because previously the market price had been holding for a while at $80,000 and above so when this price decline occurs it is an opportunity that is awaited by those who have money or capital to accumulate by using the DCA pattern or strategy when buying Bitcoin.

If you can buy Bitcoin when the price of Bitcoin is low, it is a really good opportunity. Now the price of Bitcoin has decreased a lot compared to the previous year . No one can say for sure whether the price will decrease or increase in the future. However, if you think about long-term holding and accumulation, this price fluctuation will not have such an effective effect in the short term. But the opportunity of the price being low at this time will really work, if someone can do DCA from discretionary income. Because the price has been between $80K+- and $60K+- for a long time. If the price then dips further and stays there for some time, then it will still be advantageous for investors in the DCA method. I am only saying here that it can be advantageous. However, I never support investing in Bitcoin from the wrong fund depending on the price.

Bitcoin is an asset that no one can predict exactly what the outcome will be in the market, investors that are willing to buy bitcoin will never consider the price of when buying, that is to say, investors don't have to wait to buy when there is decrease in bitcoin price but should be willing to buy and accumulate at any given price.

[Insanity]

The right time to buy Bitcoin is now.

This is absolutely misleading man, both for new members coming in and also others too. One thing we must understand is that there isn’t a right time to buy bitcoin, and most importantly having the long term mindset of holding bitcoin and applying DCA gives us more opportunities to buy bitcoin at any given conditions either during highs or lows it all depends on the investor.

“Buying now” such statements is very misleading because we know how the market is unpredictable so you suggesting buying now is a wrong idea.
Buying now at lows is a smart idea for those using DCA  but some new members might not have the idea of what you are saying so they might end up rushing into buying now with all they have and later face the consequences of their actions.
No right time to buy bitcoin, we can buy at any given time the important thing is our mindset toward it either long term or short term that will determine if our buys is right.

There is absolutely nothing misleading about Rockstarguy statement, infact you are the one twisting everything up and maybe it is because you don't really understand where he is coming from...Now being the right time to buy discourages any form of delay and procrastination and then remind folks that waiting for the best point of entry may continually lead to missed opportunities... The fact remains that no one can perfectly predict the market and so it would be be wise for folks to take action and kickstart their accumulation journey as soon as they have their discretionary income handy...

Anyone who still think or believe he or she can predict the market correctly or exactly is not really interested or serious to accumulate bitcoin because we have pass the time where folks will want to predict or wait for the market to get to a particular price before they will accumulate unless the person wants to trade because traders are the people that wait for what they call perfect entry point which is being unrealistic because there is nothing to prove their fact or point. The DCA method is very much active to use to start our bitcoin accumulation and it does not really matter how much we have as we can grow gradually with consistency.

There are times that the market can be predicted but not always, and for those that want to hold as for me it will be better not to think about the market prediction because its of no value at this point the only thing that will matter at this point will be for you to just buy and hold and not just hold it going to be to hold for a very long time when you have this intention then i don't see the reason why that you pressure you self about market prediction the only people that should be dealing with that will be the traders because that is the only way that they can trade so the business of a holder is to have a strategy of buying depending on financial status, and for DCA it does not matter your financial status so which ever and this message is only for does that want to buy and hold and the only thing that i will agree with that consistency.

I don’t know but I think this statement is trying to say that there’s a time that one can really predict the market price where as bitcoin is highly volatile and unpredictable, and can go a long way to suggesting to newbies into believing that there’s a time they can actually wait to predict the market before buying. When exactly can the market be predicted correctly, I don’t think there’s anytime to predict the market even though lots of so called market experts were able to speculate and luckily get doesn’t mean all their guess or speculation can come true which shows how unpredictable the market really is because they are not 100% sure. It is better to focus on figuring out a discretionary income to use and accumulate bitcoin at since the DCA helps to purchase at any market price without actually getting to feel the impact of the risk associated with market volatility than trying to follow market speculations.

I believe that both are having a point. Everyone does not need to buy all of their Bitcoin at once and now is the time to buy Bitcoin shouldn't be interpreted as a directive to do so. Meanwhile, the waiting period for the ideal entry price can result in the loss of opportunities. The truth is nobody can accurately guess the short-term movements of bitcoin. A more sensible approach to investing is to take a more disciplined DCA approach rather than attempting to time the market for long-term investors. Building up and holding on to a large amount and sticking with only extra funds are still the best way for the majority of people.

[cocadalcan]

In my opinion, before thinking that "the dip is going away", you need to understand your financial situation. If someone has $20 discretionary income per week, they can start with $20. Again, if someone has $100, they can do it with $100. But no matter how small or large the amount, it should be regular, sustainable and within your limits.

It is better not to allocate the entire amount of discretionary income to Bitcoin accumulation. While accumulation Bitcoin you should create an emergency fund and use your discretionary income for your extra expenses. That is, if you have $100 of discretionary income, divide it into three parts instead of allocate full part of Bitcoin. Most of it is for Bitcoin and the other two parts are for creating emergency fund and the other for extra expenses. If you have a feasible and satisfactory emergency fund, you will accumulate most of your discretionary income in Bitcoin.

[johnsaributua]

...

It is better not to allocate the entire amount of discretionary income to Bitcoin accumulation. While accumulation Bitcoin you should create an emergency fund and use your discretionary income for your extra expenses. That is, if you have $100 of discretionary income, divide it into three parts instead of allocate full part of Bitcoin. Most of it is for Bitcoin and the other two parts are for creating emergency fund and the other for extra expenses. If you have a feasible and satisfactory emergency fund, you will accumulate most of your discretionary income in Bitcoin.

This is very dangerous because if you do everything, it will create problems for those who do it. When something unexpected happens, while all our income has been used to accumulate Bitcoin, we end up borrowing from others to solve our current problems. Ultimately, we encounter problems in repaying the loans we took out, even though we were investing. At that point, our thinking becomes chaotic, leading to our failure to accumulate Bitcoin.

In my opinion, if it is permissible to set aside money, it is better, for example, if we earn $50,000 every week, we have to set aside half of that amount just to accumulate Bitcoin and the rest we use for our primary needs while waiting for the time when our income comes back, so I think it is very easy and this indicates that what we must have is a procedure for managing finances that we must do well with the income we earn so that we can fulfill our desire to accumulate Bitcoin and also the need to survive that we must fulfill so that by knowing such a method, everything feels very easy.

[Livingleged]

I Have not been active on this thread  for a while now, I was  busy with other things but obviously  I'm back again  as it's one of my favorite  threads  where I see different  ideas from different  people. I can see that alot has  been said going  through  the thread  this morning, contributions are topnotch  the lasted discussion  I saw was about taking  advantage  of the current  dip and accumulate  as much as you can and that's absolutely  perfect  if you have you way you should  probably  increase  your DCA if it won't  affect  you basic needs and daily  enpenses, this is because  you're  actually  getting  to buy lot cheaper  and once the price correct  you lose that opportunity  and it might tKe a while to get the low price  to buy again to taking  advantage  of this time can't  be over emphasize  it's just the best thing to do at the moment.

[Barikui1]

 it is better, for example, if we earn $50,000 every week, we have to set aside half of that amount just to accumulate Bitcoin and the rest we use for our primary needs while waiting for the time when our income comes back, so I think it is very easy

You are getting the whole idea about Bitcoin investment wrong by this statement of yours because investment in Bitcoin should only be done from your discretionary income, not by dividing your net income into two places and invest with one side of it, that's wrong because, miscalculation or other things may set in, and you may have to retrieve most of the money that has already been invested, just because all your basic needs have not been properly taking care of, so it's very important that you take care of your basic need first, then anything left, which is your discretionary income is what you should be investing with.

Those investors that does such always run into trouble while investing because they fails to take care of their needs first, which can sometime be unpredictable, so we should refrain from that, because it's not the right way to invest in Bitcoin and be successful.

[Grease5000]

...

It is better not to allocate the entire amount of discretionary income to Bitcoin accumulation. While accumulation Bitcoin you should create an emergency fund and use your discretionary income for your extra expenses. That is, if you have $100 of discretionary income, divide it into three parts instead of allocate full part of Bitcoin. Most of it is for Bitcoin and the other two parts are for creating emergency fund and the other for extra expenses. If you have a feasible and satisfactory emergency fund, you will accumulate most of your discretionary income in Bitcoin.

This is very dangerous because if you do everything, it will create problems for those who do it. When something unexpected happens, while all our income has been used to accumulate Bitcoin, we end up borrowing from others to solve our current problems. Ultimately, we encounter problems in repaying the loans we took out, even though we were investing. At that point, our thinking becomes chaotic, leading to our failure to accumulate Bitcoin.

In my opinion, if it is permissible to set aside money, it is better, for example, if we earn $50,000 every week, we have to set aside half of that amount just to accumulate Bitcoin and the rest we use for our primary needs while waiting for the time when our income comes back, so I think it is very easy and this indicates that what we must have is a procedure for managing finances that we must do well with the income we earn so that we can fulfill our desire to accumulate Bitcoin and also the need to survive that we must fulfill so that by knowing such a method, everything feels very easy.

You are kind of right, if an investor has $100 dollar after settling all his essentials need  he can allocate $50 to buying of, $30 dollar to building an emergency fund, and keep the remaining $20 dollar for any extra expenses.This way, while building a Bitcoin portfolio, they are also growing an emergency fund at the same time, without having to worry too much about unexpected situations in the future. It creates a better balance between investing and financial security.

[Brizi5000]

...

It is better not to allocate the entire amount of discretionary income to Bitcoin accumulation. While accumulation Bitcoin you should create an emergency fund and use your discretionary income for your extra expenses. That is, if you have $100 of discretionary income, divide it into three parts instead of allocate full part of Bitcoin. Most of it is for Bitcoin and the other two parts are for creating emergency fund and the other for extra expenses. If you have a feasible and satisfactory emergency fund, you will accumulate most of your discretionary income in Bitcoin.

This is very dangerous because if you do everything, it will create problems for those who do it. When something unexpected happens, while all our income has been used to accumulate Bitcoin, we end up borrowing from others to solve our current problems. Ultimately, we encounter problems in repaying the loans we took out, even though we were investing. At that point, our thinking becomes chaotic, leading to our failure to accumulate Bitcoin.

In my opinion, if it is permissible to set aside money, it is better, for example, if we earn $50,000 every week, we have to set aside half of that amount just to accumulate Bitcoin and the rest we use for our primary needs while waiting for the time when our income comes back, so I think it is very easy and this indicates that what we must have is a procedure for managing finances that we must do well with the income we earn so that we can fulfill our desire to accumulate Bitcoin and also the need to survive that we must fulfill so that by knowing such a method, everything feels very easy.

Thats probably a wrong approach because if you run it that way it could be problematic for you. Before you set aside any money to use and accumulate and invest in bitcoin you have to first of all sort out your basic or primary needs. I read from your statement where you said you can use the rest for our primary needs and I begin to wonder why you’re treating your primary needs as though it is a secondary thing, there’s a reason why you’re calling it primary needs so you have to treat it as primary which means it will have to come first before your bitcoin accumulation. That particular $50,000 income you’re earning every week wasn’t described as your discretionary income, it’s just your weekly salary so it will be very problematic for you to just allocate half of it to buying bitcoin immediately without trying to first sort out your basic or primary needs in a way that you don’t know how much your primary needs will consume because the economy is not stable so also are the prices of goods or commodities not stable in the market. It is after you finished sorting out your basic needs then the remaining money with you which is regarded as your discretionary income is what you should use to buy and invest in bitcoin.

[Tongley]

This is very dangerous because if you do everything, it will create problems for those who do it. When something unexpected happens, while all our income has been used to accumulate Bitcoin, we end up borrowing from others to solve our current problems. Ultimately, we encounter problems in repaying the loans we took out, even though we were investing. At that point, our thinking becomes chaotic, leading to our failure to accumulate Bitcoin.

In my opinion, if it is permissible to set aside money, it is better, for example, if we earn $50,000 every week, we have to set aside half of that amount just to accumulate Bitcoin and the rest we use for our primary needs while waiting for the time when our income comes back, so I think it is very easy and this indicates that what we must have is a procedure for managing finances that we must do well with the income we earn so that we can fulfill our desire to accumulate Bitcoin and also the need to survive that we must fulfill so that by knowing such a method, everything feels very easy.

We always need to invest with discretionary income sources. As you mentioned, if a person invests using this method, then he may be at risk. Because whenever you invest 50% of your income or as per your comment and if there is a required amount of money in that amount, then you may not be able to hold your investment for a long time, and if your investment continues to fall and at that time if you need that amount of money, then you will be forced to sell your investment at a loss.

We first need to meet the family expenses or basic expenses and then the remaining amount should be invested and kept for emergency fund and additional expenses. Therefore, everyone is always asked to invest with discretionary income sources.

[Chilwell]

Actually it’s the only valid thing cos the best time to buy bitcoin is now, and the dip even makes it sweeter so you can’t say it’s misleading. So long as you have your discretionary you can start buying immediately and if you’re already investing now is the kind of time you’ll want to be aggressive and maybe use your reserves to buy more.

This kind of opportunity is a momentum for us to buy Bitcoin because this opportunity is certainly because the current market price is very supportive for us to buy Bitcoin in any amount with our goal in doing so is only to increase the number of BTC that we have so that an opportunity like this is certainly not one we should miss for the reason that it is a good thing to increase Bitcoin when accumulating BTC only with the decline in market prices which are currently in a significant decline at $62,000 tonight's price because this morning the figure was below the one listed here, namely $60,000, meaning that what I need to say for all parties is that it is very appropriate to accumulate because numbers like this rarely occur because previously the market price had been holding for a while at $80,000 and above so when this price decline occurs it is an opportunity that is awaited by those who have money or capital to accumulate by using the DCA pattern or strategy when buying Bitcoin.

If you can buy Bitcoin when the price of Bitcoin is low, it is a really good opportunity. Now the price of Bitcoin has decreased a lot compared to the previous year . No one can say for sure whether the price will decrease or increase in the future. However, if you think about long-term holding and accumulation, this price fluctuation will not have such an effective effect in the short term. But the opportunity of the price being low at this time will really work, if someone can do DCA from discretionary income. Because the price has been between $80K+- and $60K+- for a long time. If the price then dips further and stays there for some time, then it will still be advantageous for investors in the DCA method. I am only saying here that it can be advantageous. However, I never support investing in Bitcoin from the wrong fund depending on the price.

Bitcoin is an asset that no one can predict exactly what the outcome will be in the market, investors that are willing to buy bitcoin will never consider the price of when buying, that is to say, investors don't have to wait to buy when there is decrease in bitcoin price but should be willing to buy and accumulate at any given price.

Any real investor that is willing to invest in Bitcoin will not be distracted by the price because investing in Bitcoin is something that someone have to prepare himself for so that they can be able to build their Bitcoin portfolio. That is why it is very important for bitcoin investors to use DCA strategy and also have the intention of long-term investment, an investment should be done using discretionary income. If investors follow all this processes honestly you will not be distracted even though there is dip rather he will use it as his own advantage to accumulate more.