JJG’s Outline of Bitcoin Investment Ideas

[AYOBA]

Investment should always be done with our discretionary income. And investing in bitcoin with discretionary income and applying the DCA strategy shows that we are embark on a long term journey so no need for us to get frustrated or panic over any market conditions instead we seeing dips should be a big opportunity for us to use our DCA strategy and accumulate at lower price and keep the consistency in proper Check.

Reasons why most of the investors didn’t get good results in their investment is because they refused to use their discretionary income to invest, and without the discretionary income I don’t think the investments will go well as they plan. So in this case using our discretionary income will be the best option for every investments, and since the DCA as also be introduced it has make the investments to become easier.

Emergency funds and reserve funds will be a good help to us to keep up with any situations that comes up unaware without not  going to our holdings and seeing it as option to sell. Emergency funds and reserve funds saves us from such fortune.

Yeah, that’s why they said that when it come to investments we should invest the amounts of money that that we can afford to lose, because if we use all our money without having some money on grand if an emergency comes up it will be a big problems.

[Sonia_123]

[edited out]

While it's good to invest aggressively when a person can, it's still not proper to go overboard with it. Being overaggressive can be costly because it means going out of the right way by either going beyond discretionary income or putting in more than you can afford which is totally wrong because investment is not meant to cause financial and psychological pressure. Most people get the idea of aggressive accumulation wrongly that's why they end up doing it wrongly. We are expected to be able to know our aggressive limit since we know how much we can take.

I agree with you, there's no universal amount for aggressive accumulation and it's totally the decision of every investor to determine how aggressive they go and when they do it since we all have different situations, expenses and even discretionary fund. In the end ones aggressiveness is determined by how much of their discretionary income they can put into buying Bitcoin and not how much they earn or how much discretionary income they have.
Each investor need to set their own rule of aggressiveness based on their own situation in a way that they form a balance approach by considering other uses of the discretionary fund and not just focusing on a certain category and not neglecting the others.

Our measurement of our total quantity of discretionary funds that we have available will show us the absolute maximum that we could put into bitcoin, yet an overwhelming majority of the time, it is not going to be to our advantage to maximize our bitcoin investment based on how much discretionary funds that we have available.  For example, if we have been investing $100 per week into bitcoin for the past 20 weeks from our discretionary income, and maybe we have also been building up our back up funds with $50 per week, and maybe we have been discretionarily consuming around $50 per week during that same time, yet maybe we also have some special event coming up.  For example, perhaps our sister is getting married within the next 6 weeks, and we have several family members coming from out of town, and maybe we know that there is a certain level of poverty and difficulty in the family, and perhaps for the next 6 weeks we may well need to help the family and invest around $40 per week into the wedding and the various preparations, so after some consideration we decide that we will ONLY be able to invest around $80 per week into bitcoin for the next 6 weeks, and we would save only $40 and discretionarily consume only $40.. So we are trying to find a balance and to contribute towards the expenses of the family, even though we don't have to do that... but we consider such contribution is the best thing to do.  

Of course, not everyone is going to decide the same in terms of how much to allocate or what kinds of changes to make to our budget based on other discretionary ways that we could spend our available discretionary funds.

I agree with your point, and example here is well understood, now just because we have enough of our discretionary income to buy bitcoin doesn’t mean we should always invest the maximum amount all the time. Financial planning is also matter in investment, because is all about balancing long term goals with present responsibilities.

And my own opinion is that a sustainable strategy is one that can always stick for a years, because whenever life changes, investing consistently while maintaining the real life situation is always better than over committing and later forced to stop investing altogether. And for the example of reducing bitcoin buying temporarily to support a family event shows that being a flexible is not a bad thing, that’s the sign of good money management, we can still continue buying bitcoin gradually while still taking care of important obligation and still maintaining our emergency funds.

The sustainable strategy remains the DCA strategy that allows you to invest at any point in time either daily,weekly and monthly, it is suitable for everyone both old and new investors, rich and poor as long as you can figure out your discretionary income.

Using your discretionary income means you have sort all your bill and what is left is what you are using to invest in Bitcoin if you still have some expenses left that has not being sorted out that means you don't have a discretionary income untill you have finalized your monthly expenses and then you have left over then you can proudly say you have discretionary income.

Also having excess discretionary income means you had less expenses for the month which now gives you the privilege to increase your back up fund and reserve funds for the days that you might need them when you find yourself in a more difficult situation so that you don't temper with your bitcoin investment and become a low or no coiner.

[Humblevirus]

It is left for individual to decide how much knowledge they will want to have trying to learn about bitcoin before they can start investing, but for an individual who already have a discretionary income available and wants to invest with the DCA method he doesn’t need to waste much time trying to learn bitcoin thoroughly before he can start buying with the DCA. He can start buying bitcoin and invest with the DCA and hold if his discretionary income is available and as time goes on while he’s ongoing DCAing he will be able to understand more and gain further knowledge. Market price fluctuations is inevitable In bitcoin so for a long term investor it’s always best to approach the market with a discretionary income when our basic needs are being met then using the cash we won’t be needing anytime soon.

Discretionary funds are the most important aspect of starting a Bitcoin investment. As long as someone has discretionary funds, it is easy to start investing in Bitcoin, and other things, including further learning about Bitcoin, can follow.Through the process of accumulating Bitcoin, it becomes easier to learn. In fact, it is not always necessary to encourage someone to seek extensive Bitcoin knowledge before they begin investing. Therefore, nobody should wait until they have learned everything before starting their Bitcoin investment, because doing so may result in lost time and missed opportunities.As you said, it is always good for newbies to start their Bitcoin accumulation through the DCA strategy because it makes accumulation easier and reduces fear in the investor's mind. This is because they are approaching Bitcoin gradually by investing small amounts over time. It also allows them to buy Bitcoin at different price levels.

[JayJuanGee]

To me what i understand about aggressive buy or aggressive invest in Bitcoin is buying Bitcoin consistently whenever someone have discretionary income. It is not bad for investors to make use of aggressive buy if they are not doing it beyond their discretionary income so that they will build up their various back up funds that will allow them to always sustain their Bitcoin investment, so investors that are going to buy Bitcoin consistently or aggressively should always buy within their discretionary income so that they will not start gambling with their Bitcoin investment and in the end they sell their Bitcoin investment to take care of their living expenses.

Your main point is correct that aggressive buying should not be understood as something where an investor puts his essential expenses, emergency fund or family responsibilities at risk by buying Bitcoin. Aggressive buying is basically accumulating Bitcoin with more importance than he can afford.

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

If a person calculates his income, expenses, backup fund and risk tolerance and sees that he can allocate a large amount of discretionary income to Bitcoin on a regular basis, then it can be aggressive accumulation. But if he buys Bitcoin with money for basic needs, then it is not aggressive investment but rather becomes like bad investment management and like gambling.

your second example is overaggressive, which yeah we should pay attention so that our bitcoin buying, even if aggressive, does not get so extreme that we end up becoming "overaggressive" in our balancing of our expenses and/or back up funds that we might keep, too.

An investor can invest aggressively in DCA if he wants. For example, if his weekly discretionary income is good, emergency fund is ready, and his living expenses are secure, then he can increase the regular buying amount. Again, if his income decreases or expenses increase, it is normal to reduce the amount. This does not mean that the strategy has become weak, but rather that he is continuing to accumulate Bitcoin according to his real financial condition.

This is a good example.  I agree with you in terms of the need for each of us to pay attention that we sometimes might need to adjust the frequency and/or quantity of our bitcoin buys so that we account for changes in in our income and/or expenses.

So aggressive buying can be good, but it must be controlled aggressive. Trying to buy more Bitcoin without strengthening your discretionary income, backup fund, emergency fund and cashflow system can create danger in the long run. Because the goal of an investor should not just buy Bitcoin, but rather create a position so that even if market volatility comes, he can hold it without panic selling.

Another good point.  If guys get sloppy in their bitcoin accumulation and/or their cashflow management, the might get caught off guard at some later point, since sometimes we might not even realize that we are overdoing it until further down the road, and then if we go overboard in one direction or another, we won't be able to go back and fix our earlier mistakes, especially if several years might pass and then we realize that we either been too whimpy or we had been too aggressive... ..

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.

I am not much of a fan of buying the dip strategies, especially for guys who already know that they are in their early accumulation phase, so it seems a bit distracting to be talking about ways to potentially assess our current price status or dip status to make proclamations about the extent to which to buy dips or not.

On the other hand, I frequently proclaim that the 200-WMA is a fairly reasonable bottom indicator, even though surely we have had historical periods in which the BTC price barely touched upon the 200-WMA and largely stayed above it, and then other times, such as between June 2022 and October 2023 that the BTC price spent a considerable amount of time below the 200-WMA, and even reached right around 25% to 35% below the 200-WMA on various days in November and December 2022.

Right now the 200-WMA is $61,850, and so even if guys might want to try to increase their aggressiveness level during dips like these, it still can be difficult to know how practical it is to really plan around increasing the aggressiveness of buys or just to make sure to stick with reasonable ongoing DCAing as income is coming in (especially as discretionary funds come available).

Another thing that many of us recognize and appreciate is that it can take a reasonably long time to build up a bitcoin investment stack size, and it can even take 4-10 years or longer just to build up the bitcoin holdings to a certain reasonable size, yet there also can be situations where some guys might be able to invest more aggressively based on other funds and/or investment that they might be able to invest into bitcoin or they might have high levels of discretionary funds so they are able to make faster progress in their reaching high levels of bitcoin accumulation that they might consider to be enough or more than enough bitcoin that also would tend to lessen their need for ongoing bitcoin accumulation and might cause them to strategize around buying on the dips and other changes in their accumulation practices, and even reaching overaccumulation status might also cause them to consider that they do not need to accumulate any more bitcoin.

So for every strategy you are using make sure you make most of this Dip and accumulate much investment. 

You seem to presume that you can identify the dip and that there is some kind of value for guys to increase their bitcoin buying aggressiveness based on your perception that there is a current sufficient dip.

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.

Some guys may well be limited in their abilities to change their weekly DCA amount, and even if they had been accumulating bitcoin for quite a bit of time, even for a whole bitcoin cycle or more.

Since you have been registered here since April 2022 (4 years and a whole cycle) maybe you have changed some of your bitcoin accumulation strategies based on your perception of dips, and sure there could be some situations in which guys might have had been already able to accumulate a lot of bitcoin, so that they are strategizing around dips, yet I am not even sure if there are many guys who are in that kind of situation or if there are especially compelling reasons to get more excited about bitcoin accumulation, since many times the abilities of guys to make adjustment to their bitcoin accumulation tends to depend on both the quantity of discretionary funds that they have to work with and even how strongly they had already been able to build up their cashflow management systems/practices, which surely if guys had been holding back funds in order to buy on the dip, that does seem to be more like attempts to trade and/or gamble rather than trying to maintain a more steady DCAing practice that is based on buying bitcoin when funds are coming in, whether weekly or otherwise.

[edited out]

The DCA method is indeed one of the best strategies for BTC but many investors fail because they lack the mental fortitude and knowledge. Without these two, they usually just follow the crowd. When the price drops they panic and stop DCA or even sell at a loss. I mean, the DCA method is good for Bitcoin investment but without confidence in Bitcoin the DCA method will also be useless if there is a sharp decline.

So, the best advice to avoid panicking when the market price fluctuates is to learn Bitcoin thoroughly before DCA so that you have confidence that when a sharp decline occurs you will consider it a discount.

I should not have to repeat myself in my own thread.

You should know better, since I ongoingly advocate getting started ASAP as soon as the beginner is able to assess that he has sufficient discretionary funds.  Your assertion about a need for prior knowledge contradicts my own ongoing repetition.  Have you even read this thread?  Are you even attempting to stay on topic of the thread? or are you just wanting to bring your own ideas without at least attempting to address my own ongoing repetition on the point of getting started ASAP.

In essence, DCA without understanding is the same as slow gambling. But DCA coupled with understanding and patience is one of the most sensible ways to build wealth in BTC.

Get the fuck out of here with your nonsense exaggerated and presumptuous proclamations that suggest that there are certain specific knowledge prerequisites in getting started in bitcoin investing (buying) that goes beyond being able to determine discretionary funds and having common sense.

[Razmirraz]

Investment should always be done with our discretionary income. And investing in bitcoin with discretionary income and applying the DCA strategy shows that we are embark on a long term journey so no need for us to get frustrated or panic over any market conditions instead we seeing dips should be a big opportunity for us to use our DCA strategy and accumulate at lower price and keep the consistency in proper Check.

Reasons why most of the investors didn’t get good results in their investment is because they refused to use their discretionary income to invest, and without the discretionary income I don’t think the investments will go well as they plan. So in this case using our discretionary income will be the best option for every investments, and since the DCA as also be introduced it has make the investments to become easier.

Using discretionary income to invest is the key to financial success because it allocates "cold money" that does not interfere with survival, especially combined with DCA, this strategy becomes very optimal. Investing in Bitcoin takes time (long term) for the asset value to increase, using discretionary income gives investors the space to let the money be invested in the long term and not easily panic when the market drops "psychological shocks often trigger panic selling (selling at a loss)".

This investment combination is ideal for buying assets with strong fundamentals like Bitcoin, as it helps investors avoid the risk of buying at the wrong time while protecting their money from inflation. Ideally, investing in Bitcoin should begin with discretionary income, then combine it with DCA, plus time and knowledge to secure the asset, this combination is part of the safety formula for retail investors with limited capital.

[alankasman]

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

Each word has a different meaning so in my opinion, after understanding what you said earlier your statement is correct. Both words have their own distinct meanings. Don't equate the two meanings with one meaning. This statement of ours can easily confuse many people in understanding the two meanings.

Doing it with prioritization has a different meaning because if someone prioritizes it of course every time they have income they already think about the income they have received which they will use to accumulate Bitcoin while those who do it in an aggressive way of course they do it with whatever amount of capital they have they all use it to accumulate Bitcoin without leaving anything for their survival needs so what I need to ask is how will someone who does it in an aggressive way experience losses that make them lose a lot of money because they are too aggressive in doing it is this someone who is right in investing in Bitcoin?

[Abbatty]

Some guys may well be limited in their abilities to change their weekly DCA amount, and even if they had been accumulating bitcoin for quite a bit of time, even for a whole bitcoin cycle or more.

Since you have been registered here since April 2022 (4 years and a whole cycle) maybe you have changed some of your bitcoin accumulation strategies based on your perception of dips, and sure there could be some situations in which guys might have had been already able to accumulate a lot of bitcoin, so that they are strategizing around dips, yet I am not even sure if there are many guys who are in that kind of situation or if there are especially compelling reasons to get more excited about bitcoin accumulation, since many times the abilities of guys to make adjustment to their bitcoin accumulation tends to depend on both the quantity of discretionary funds that they have to work with and even how strongly they had already been able to build up their cashflow management systems/practices, which surely if guys had been holding back funds in order to buy on the dip, that does seem to be more like attempts to trade and/or gamble rather than trying to maintain a more steady DCAing practice that is based on buying bitcoin when funds are coming in, whether weekly or otherwise.

You are right, many people tend to have tight or predictable budget, so their DCA amount is what actually survives after their needs have been sorted. So most times to them increasing investment funds is not realistic without cutting off basic needs or earning more, while reducing it makes them feel like they are failing at accumulating. So for these people I would say DCA is less of a choice and more of necessity. They don’t make plans for Dip but instead they stack up when they have good earning.

I still get your point on holding back funds in other to by the dip seems more like a gamble or trading. Because sometime the Dip might not come and we will have that cash sitting idle instead with DCA that cash would have been buying all along.

[Olatundespo]

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.

Yes, many people are talking about this issue because of the current low price of Bitcoin. Most are actually emphasizing holding and continuing to invest regularly. But in reality, it is not known how many people are able to control their emotions and stay away from panic selling at this time. Some are panic selling at this time, some are holding mentally strong. Some are investing aggressively, because many have been waiting for this kind of price drop for a long time. Those who hold at this moment and can continue investing patiently will actually be successful in the future. Because such a fall in the price of Bitcoin has been observed in the past, but Bitcoin has turned around time and again. So long-time holders are now having to test their patience.

How you view the decline in the price of Bitcoin will determine how successful an investor you will be in the future. You have examples of people were scared and withdrew some of their capital due to fear of losing it. I have identified those who will regret that decision in the future. Bitcoin has declined many times in the past but recovered its value in the market within a short period of time. Consistent accumulation are a great opportunity for smart investors to get the dip period of Bitcoin to increase their holdings at a low price. This is why long term investors are advised to keep a reserve fund available because they can meet small emergencies through this fund. In bearish periods like the current price you can create opportunities to increase Bitcoin holdings. I think you should have a long term Bitcoin accumulation mindset and you will gradually become patient.

[Proty]

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

Each word has a different meaning so in my opinion, after understanding what you said earlier your statement is correct. Both words have their own distinct meanings. Don't equate the two meanings with one meaning. This statement of ours can easily confuse many people in understanding the two meanings.

Doing it with prioritization has a different meaning because if someone prioritizes it of course every time they have income they already think about the income they have received which they will use to accumulate Bitcoin while those who do it in an aggressive way of course they do it with whatever amount of capital they have they all use it to accumulate Bitcoin without leaving anything for their survival needs so what I need to ask is how will someone who does it in an aggressive way experience losses that make them lose a lot of money because they are too aggressive in doing it is this someone who is right in investing in Bitcoin?

Accumulating bitcoin aggressively shouldn't be done with all your income and it is wrong for you to think that it is only when someone used all there income for buying bitcoin that is when they are being aggressive. Aggressive buying of bitcoin is determined by the percentage of discretionary income used in accumulating bitcoin. Someone that used %80 of there discretionary income for buying bitcoin is being aggressive. Therefore, it is not necessarily that they must used all there hard earned money for buying bitcoin before they can be seen as being aggressive.

[KeenanEl19]

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

Each word has a different meaning so in my opinion, after understanding what you said earlier your statement is correct. Both words have their own distinct meanings. Don't equate the two meanings with one meaning. This statement of ours can easily confuse many people in understanding the two meanings.

Doing it with prioritization has a different meaning because if someone prioritizes it of course every time they have income they already think about the income they have received which they will use to accumulate Bitcoin while those who do it in an aggressive way of course they do it with whatever amount of capital they have they all use it to accumulate Bitcoin without leaving anything for their survival needs so what I need to ask is how will someone who does it in an aggressive way experience losses that make them lose a lot of money because they are too aggressive in doing it is this someone who is right in investing in Bitcoin?

Accumulating bitcoin aggressively shouldn't be done with all your income and it is wrong for you to think that it is only when someone used all there income for buying bitcoin that is when they are being aggressive. Aggressive buying of bitcoin is determined by the percentage of discretionary income used in accumulating bitcoin. Someone that used %80 of there discretionary income for buying bitcoin is being aggressive. Therefore, it is not necessarily that they must used all there hard earned money for buying bitcoin before they can be seen as being aggressive.

Accumulating it aggressively is still reasonable if it does not exceed its discretionary funds, right what you say using 80% of its discretionary income is not wrong as long as what is used is discretionary funds not funds for basic needs such as salary which is still considered dirty because we will use it for several things depending on ourselves and the main thing is for needs.

Using all hardearned money to accumulate on bitcoin is a mistake, because what I think here are the needs that should be considered but instead ignored because this hard-earned money is used entirely for investment of these funds including overly aggressive behavior by spending funds beyond the budget or not protecting enough needs that should be considered.

[BumRous00]

I agree with you, DCA is just one investment strategy on its own but it doesn’t still guarantee success. Successful investment depends on your knowledge, risk management, proper planning, patience and discipline. I am not saying that a person must be perfect in all round because nobody is perfect to avoid every mistake. Even investor makes mistakes from time to time so the best thing is to learn from those mistakes and avoid repeating them.
I believe that long-term investment success comes from making good decisions than bad decisions over time. If your strategy matches with your goals, your financial status, your risk tolerance, you are in a better position of staying consistent even when the market becomes unstable. Rather than striving for perfection, I will advise investors to focus more on learning, make good decisions and be discipline.

Patience and a clear long-term plan are essential for investing. You don't need to own a lot of assets to invest, you can start with whatever you have left. But the important thing is that by investing in Bitcoin and gradually moving forward with consistency and increasing the amount at the same time, you will gain experience on the one hand and learn from mistakes on the other. And through this, you will move forward with experience, experience will keep you stress-free when the price of Bitcoin falls.

[Kelward]

It is left for individual to decide how much knowledge they will want to have trying to learn about bitcoin before they can start investing, but for an individual who already have a discretionary income available and wants to invest with the DCA method he doesn’t need to waste much time trying to learn bitcoin thoroughly before he can start buying with the DCA. He can start buying bitcoin and invest with the DCA and hold if his discretionary income is available and as time goes on while he’s ongoing DCAing he will be able to understand more and gain further knowledge. Market price fluctuations is inevitable In bitcoin so for a long term investor it’s always best to approach the market with a discretionary income when our basic needs are being met then using the cash we won’t be needing anytime soon.

Discretionary funds are the most important aspect of starting a Bitcoin investment. As long as someone has discretionary funds, it is easy to start investing in Bitcoin, and other things, including further learning about Bitcoin, can follow.Through the process of accumulating Bitcoin, it becomes easier to learn. In fact, it is not always necessary to encourage someone to seek extensive Bitcoin knowledge before they begin investing. Therefore, nobody should wait until they have learned everything before starting their Bitcoin investment, because doing so may result in lost time and missed opportunities.As you said, it is always good for newbies to start their Bitcoin accumulation through the DCA strategy because it makes accumulation easier and reduces fear in the investor's mind. This is because they are approaching Bitcoin gradually by investing small amounts over time. It also allows them to buy Bitcoin at different price levels.

Waiting to learn about Bitcoin and gaining extensive knowledge before starting can take a very long time especially for slow learners so if you understand the basics there is no need to know about the technicalities that happens before, during and after a transaction is received. I think that some people are taking Bitcoin knowledge before starting it's investment too far probably because it is a decentralized asset but as you don't have to understand how your fiat transfers goes through the banks systems and network, what you concern yourself about is for the transactions to be successful that is same with Bitcoin transactions.

Concentrate yourself with keeping your wallet safe and having discretionary funds to buy, further knowledge are plus but they shouldn't be restrictions to start accumulating Bitcoin as soon as you have ready funds for it.

[Agbam]

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

Each word has a different meaning so in my opinion, after understanding what you said earlier your statement is correct. Both words have their own distinct meanings. Don't equate the two meanings with one meaning. This statement of ours can easily confuse many people in understanding the two meanings.

Doing it with prioritization has a different meaning because if someone prioritizes it of course every time they have income they already think about the income they have received which they will use to accumulate Bitcoin while those who do it in an aggressive way of course they do it with whatever amount of capital they have they all use it to accumulate Bitcoin without leaving anything for their survival needs so what I need to ask is how will someone who does it in an aggressive way experience losses that make them lose a lot of money because they are too aggressive in doing it is this someone who is right in investing in Bitcoin?

My friend I’m surprised you do not understand what’s aggressive buying and over aggressive buying even with JayjuanGee’s explanation you quoted.

Let me explain more on the point dropped by JayJuanGee. If an investor normally invests 30-50% of his discretionary into bitcoin and then chooses to now invest 60-80% into bitcoin, he can be said to be aggressively investing.
While over aggressive buying has to be when he starts investing the 80-100% even when his emergency funds isn’t sufficient enough…. That is him being over aggressive in his investment.

You might go into loss when you invest beyond your discretionary and with little or no back up funds which might result to selling when you’re not supposed to.

[DubemIfedigbo001]

Reasons why most of the investors didn’t get good results in their investment is because they refused to use their discretionary income to invest, and without the discretionary income I don’t think the investments will go well as they plan. So in this case using our discretionary income will be the best option for every investments, and since the DCA as also be introduced it has make the investments to become easier.

Using discretionary income to invest is the key to financial success because it allocates "cold money" that does not interfere with survival, especially combined with DCA, this strategy becomes very optimal.

Using discretionary income to invest is only the key requirement to start your investment journey. Using discretionary income wouldn't achieve the desired result if the investor fails to be consistent or decide to engage in trading practices like shaving off profits or selling high to buy back low. It wouldn't protect the investors portfolio if they fail to build backup funds to protect their portfolio, so I think there are couple of other requirements beside using discretionary income to invest that ensure success.

The investor should endeavor to remain committed to their consistent periodic buys, ensure they build backup funds alongside investing into Bitcoin and never use their emergency fund for nonemergency expenses or to buy Bitcoin. They should also be committed to a long-term holding period (4 - 10 years or more) to ensure they're able to accumulate a decent portfolio for themselves and hold long enough to have a better chance at success in their investment.

[knowngunman]

Reasons why most of the investors didn’t get good results in their investment is because they refused to use their discretionary income to invest, and without the discretionary income I don’t think the investments will go well as they plan. So in this case using our discretionary income will be the best option for every investments, and since the DCA as also be introduced it has make the investments to become easier..

I agree with you on the discretionary funds part. It's like a number one rule every investor must obey. If you break that rule and invest money meant for your school fees or rent, you'll definitely panic to sell even at loss if you have no other option. Investing with discretionary funds allow you to hold through volatility.

On other parts, I disagree with you. Investing with discretionary funds does not guarantee you good results. DCA make investment easier psychologically because it keeps you investing without waiting for the perfect time that might never come but mathematically, lump sum beats DCA because if we traced bitcoin price historically, it goes up more often than it comes down but the problem is timing.

[Finebone]

Investing with discretionary funds does not guarantee you good results.

You are right that investing in Bitcoin with your discretionary income doesn't guarantee you success in the future, but the chances of your investment being a success is very high, because Bitcoin has proven to be very reliable and trustworthy for those that has held it over the years.

DCA make investment easier psychologically because it keeps you investing without waiting for the perfect time that might never come but mathematically, lump sum beats DCA because if we traced bitcoin price historically, it goes up more often than it comes down but the problem is timing.

I was falling in love with what you said here, untill you spoiled everything with the last statement where you said that lump sum beat the dca accumulating strategy because of some stupid reasons.
 I don't think you know what you are saying mate, their is no accumulating strategy that beats the dca accumulating strategy that you will have the opportunity to buy and accumulate in every price interval, and even the lowest part of the dip lump sum investor or dip buyers may miss out, so it's a blind argument you are trying to create here because the dca accumulating strategy is far superior to all other Bitcoin accumulating strategy.

[Charcol]

Your description seems to be mixing up "aggressive" bitcoin buying with "overaggressive" bitcoin buying @Saltysugar99, since aggressive bitcoin buying is merely prioritizing bitcoin buying, versus overaggressive represents if a guy had gone too far in his bitcoin buying by either spending beyond his discretionary funds or otherwise not sufficiently protecting his finances and/or psychology.

Each word has a different meaning so in my opinion, after understanding what you said earlier your statement is correct. Both words have their own distinct meanings. Don't equate the two meanings with one meaning. This statement of ours can easily confuse many people in understanding the two meanings.

Doing it with prioritization has a different meaning because if someone prioritizes it of course every time they have income they already think about the income they have received which they will use to accumulate Bitcoin while those who do it in an aggressive way of course they do it with whatever amount of capital they have they all use it to accumulate Bitcoin without leaving anything for their survival needs so what I need to ask is how will someone who does it in an aggressive way experience losses that make them lose a lot of money because they are too aggressive in doing it is this someone who is right in investing in Bitcoin?

Accumulating bitcoin aggressively shouldn't be done with all your income and it is wrong for you to think that it is only when someone used all there income for buying bitcoin that is when they are being aggressive. Aggressive buying of bitcoin is determined by the percentage of discretionary income used in accumulating bitcoin. Someone that used %80 of there discretionary income for buying bitcoin is being aggressive. Therefore, it is not necessarily that they must used all there hard earned money for buying bitcoin before they can be seen as being aggressive.

Aggressive buying cannot be determined solely by the percentage of discretionary income. Because investing 80% of one person's discretionary income may be aggressive. For another, it may be too risky. For someone, investing 80% of their discretionary income may be normal, provided they have an emergency fund, stable cash flow, and mental forbearance. When making aggressive purchases, it is important to consider whether an investor has an emergency fund, what their monthly or weekly cash flow is like, what their essential expenses are, whether they can mentally hold on if prices fall, and whether their investment plan is sustainable for a long period of time, such as 8-10 years.

[Promocodeudo]

Reasons why most of the investors didn’t get good results in their investment is because they refused to use their discretionary income to invest, and without the discretionary income I don’t think the investments will go well as they plan. So in this case using our discretionary income will be the best option for every investments, and since the DCA as also be introduced it has make the investments to become easier..

Every Bitcoin investor should understand that for us to achieve our goals, we should set out proper plan and implementation, going beyond your discreationary income is not right, Bitcoin investment is a smart investment which means as investors we should also smart and make we don't go about it the wrong way.
There are some investor that think that they are to put all they have in Bitcoin investment without considering that they have needs that must be catered for, whenever I remember that discreationary income is what we actually need to invest in Bitcoin, I laugh because that makes it so easy if we understand how to go about it, sometimes when you see people shivering or panicking when their is sharp dip, just know that they weren't following these rules.

[Lembo69]

Using discretionary income to invest is only the key requirement to start your investment journey. Using discretionary income wouldn't achieve the desired result if the investor fails to be consistent or decide to engage in trading practices like shaving off profits or selling high to buy back low. It wouldn't protect the investors portfolio if they fail to build backup funds to protect their portfolio, so I think there are couple of other requirements beside using discretionary income to invest that ensure success.

The investor should endeavor to remain committed to their consistent periodic buys, ensure they build backup funds alongside investing into Bitcoin and never use their emergency fund for nonemergency expenses or to buy Bitcoin. They should also be committed to a long-term holding period (4 - 10 years or more) to ensure they're able to accumulate a decent portfolio for themselves and hold long enough to have a better chance at success in their investment.

Yes, an investor should never buy Bitcoin with his emergency fund. Even if the market goes down, he should not take advantage of that opportunity with his emergency fund. If someone's emergency fund is more than his 6-month expenses, and if he thinks that the equivalent of 6 months of expenses will be enough for his emergency fund, then he can keep the equivalent of 6 months and invest the rest with the money. But this will not be entirely reasonable either. Because investing in Bitcoin with an emergency fund is not right in any way.

A person should invest within his discretionary fund. Therefore, the less supporting fund he has when starting to invest in Bitcoin, the greater the risk of investing in Bitcoin outside his discretionary fund.

People who actually buy and sell excessively are basically adopting a trading mindset. Because they are looking for short-term profits. Investors who are looking for quick profits may not be aware that this habit can put them at great risk. Therefore, one must enter the market with a long-term mindset and must buy regularly through the DCA strategy to maintain investment discipline.

[Alonso_]

Some guys may well be limited in their abilities to change their weekly DCA amount, and even if they had been accumulating bitcoin for quite a bit of time, even for a whole bitcoin cycle or more.

Since you have been registered here since April 2022 (4 years and a whole cycle) maybe you have changed some of your bitcoin accumulation strategies based on your perception of dips, and sure there could be some situations in which guys might have had been already able to accumulate a lot of bitcoin, so that they are strategizing around dips, yet I am not even sure if there are many guys who are in that kind of situation or if there are especially compelling reasons to get more excited about bitcoin accumulation, since many times the abilities of guys to make adjustment to their bitcoin accumulation tends to depend on both the quantity of discretionary funds that they have to work with and even how strongly they had already been able to build up their cashflow management systems/practices, which surely if guys had been holding back funds in order to buy on the dip, that does seem to be more like attempts to trade and/or gamble rather than trying to maintain a more steady DCAing practice that is based on buying bitcoin when funds are coming in, whether weekly or otherwise.

You are right, many people tend to have tight or predictable budget, so their DCA amount is what actually survives after their needs have been sorted. So most times to them increasing investment funds is not realistic without cutting off basic needs or earning more, while reducing it makes them feel like they are failing at accumulating. So for these people I would say DCA is less of a choice and more of necessity. They don’t make plans for Dip but instead they stack up when they have good earning.

I still get your point on holding back funds in other to by the dip seems more like a gamble or trading. Because sometime the Dip might not come and we will have that cash sitting idle instead with DCA that cash would have been buying all along.

However as an investor, and you want to increase your discretionary income so you can possibly buy more bitcoin into your portfolio, you have to try and increase your cashflow, if that is possible for you or you can likewise cutdown your unnecessary expenses and try to also adjust your expenses so you can accommodate and have room for more availability of discretionary income.

Also, keeping money to buy a dip is something I assume as a very lackluster decision, especially when you don’t know when a dip is going to come, everyday is an opportunity to buy bitcoin, so I don’t see anything special with waiting for a dip or keeping money aside to buy an unpredictable dip is very awful.