JJG’s Outline of Bitcoin Investment Ideas

[Bluedrem]

I know that some investors are under pressure to accumulate more since Bitcoin is in dip, there's no need to be under any pressure if you don't have a reserve fund that should be used to accumulate in a time like this just continue with your DCA strategy to accumulate weekly or monthly, however start now to build a reserve fund I'm not talking about building an emergency funds I'm talking about building a reserve fund that can be used to accumulate more or aggressively when there is a dip in Bitcoin.
You are correct it is not all about accumulating it is also about holding for long time some people don't have patience and that is what is needed in Bitcoin investment you need to have the patience to hold for a very long time.

I don't think he needs to set up a separate fund right now to buy DIP later because we are already in DIP. Now he should use the maximum amount of his discretionary income to manage Bitcoin's DCA.
However, I have heard JJG say many times that it is better to start investing in Bitcoin at any time. Because we believe that Bitcoin has not yet reached its final price. And is it almost certain that when the price of Bitcoin touched a new ATH and those who bought Bitcoin at that time could have profited several times from it if they could have held their Bitcoin portfolio for a long time. However, it is true that the lower the average price, the higher the profit in the future.
However, we do not need to be disappointed for not buying earlier, perhaps we did not buy Bitcoin at that time because we were not aware of Bitcoin. However, smart people will never stop investing in Bitcoin at this time with various excuses.
There is still immense potential in Bitcoin, so what we need to do is buy Bitcoin and hold it for the long term.

[Joeboy]

Buying dips with extra funds is still a form of market timing.

Where is your common sense with such a statement?
If you are buying a particular product consistently and you discover that another person is selling that product of the same quality on a lower price, wouldn't you want to buy more since it's cheaper there?

Dip buying is never a problem if you are not waiting for it, because it's an opportunity to get more unit of Bitcoin at a cheaper rate, so I don't know where you get the idea that dip buying with your reserve funds means that you are timing the market. You are not a robot that is programmed, so make use of your common sense mate.

Buying the dip will always be a strategy which will always involve timing the market regardless of whether you are waiting to do it or not... Bitcoin isn't a stable coin that folks can just easily predict it's price direction.. Bitcoin is rather an extremely volatile asset. And as such, no one can actually know for certain whether today's dip is actually cheap or whether the price will still go much lower the next day..And that's uncertainty is exactly why buying the dip will always involve timing the market m, coz how exactly do you intend of knowing whether there is a dip or taking advantage of it without timing being involved?
Also, it isn't really advisable for folks to base their buys on price dip due to the uncertainty of dip. The best decision will always be to buy whenever one's discretionary income is handy and available...

[Derekfunds]

What a person is earning shouldn't be what pushes their investment, someone can be earning big but is also spending big at the same time, in a situation like this it's more likely for someone who isn't earning as much but is generating more discretionary income to invest in bitcoin because at the end of the day they person is generating discretionary income from his smaller earning while the person earning more might not be getting any discretionary income, it might not seem likely but it is what's happening, different people have different discretionary incomes, some more than others.

What I think is more important is figuring out your discretionary income to invest with, because since it's what we invest with, it should be what we should be focusing on. If we feels that our discretionary income is too small, and because of that our Bitcoin accumulation will be slow, what we should be doing is looking for and additional source of discretionary income, so that the size of our accumulation will increase, since we will have more money to invest with, but it's very important that no matter what, we should not be tempted to go beyond our discretionary income for any reason, because that is the only way your Bitcoin investment will start facing problems that wouldn't have been in the first place.

There is nothing wrong with starting small. Those that have small amounts of discretionary income shouldn't allow this to stop them from  investing in bitcoin . They can be buying bitcoin using DCA strategy to do so and if they are consistent with the bitcoin accumulation they will be able to build up a good portfolio in bitcoin. It is still possible for those with low discretionary income to work on there source of income and then eventually increase there discretionary income.

There are people who don't understand this you are saying, that is why they have not started their Bitcoin investment because they think and feel they won't be able to accumulate a good portion of Bitcoin but they also forget that they don't really need to buy a large portion of Bitcoin at a time but rather it can be grow gradually using the DCA method. How small discretionary income is should not stop or make someone feel less or not to invest because everyone started small.