JJG’s Outline of Bitcoin Investment Ideas

[Barikui1]

. Investors are always asked to use discretionary income for investment because by investing with this discretionary income, investors usually do not have to face any financial problems later because this money is money outside all expenses.

No, I think you are wrong here with this statement of yours that because you are investing in Bitcoin with your discretionary income, you will not have to face any financial problems later, that's a lie.
 The purpose of using discretionary to invest in Bitcoin is because since it's a funds you can afford to do away with, you wouldn't be emotional towards your Bitcoin investment, not that trouble or emergencies will not come up later in the future, and it's because of trouble we put down measures to safeguard our Bitcoin investment like having an emergency and reserve funds, just in case of emergency situation that threatens our Bitcoin holdings, but if you think that once you invest with your discretionary income, everything will be fine, then it shows that you still don't know the essence of invest with our discretionary income.


 

[Cgrexp]

Edit....

People can start with just $10 or any other small amount and learn as they go. And along with buying Bitcoin, they can also build their own savings. So a person needs to figure out whether they have a discretionary fund or not. And also calculate their income and expenses. If a person gets a salary of about $500 every two weeks and their basic expenses are about $400 every two weeks, then they will calculate that they have $100 as discretionary fund every two weeks. What I mean by this small example is that needs and responsibilities should be prioritized and then the remaining money should be invested. Investing from discretionary income means that we are making sure that this money is not needed for urgent needs and we are able to afford to lose this money.

How much an investor will invest consistently will depend entirely on the income of that investor and the discretionary income of that investor. If the investor can accumulate a large amount of discretionary income by meeting all his needs and keeping other expenses aside, then those investors can use a large amount of money for continuous investment. Investors are always asked to use discretionary income for investment because by investing with this discretionary income, investors usually do not have to face any financial problems later because this money is money outside all expenses. It is very important to maintain the continuity of investment as an investor. If an investor invests aggressively for a few days and if he has to sell due to financial distress due to lack of planning ahead, then the real purpose of the investment is never fulfilled, so I think it is better to invest a relatively small amount of money continuously than to sell it later.

Once we have determined our discretionary funds, whether it is weekly, monthly or whatever interval we choose to invest in Bitcoin, we then decide how much priority we are giving to Bitcoin investments compared to our discretionary funds for savings, backup funds and discretionary expenses. We may need to put some of our discretionary funds in each of those categories, especially if we are prioritizing our Bitcoin investments, and also make sure that we are trying to spend some of our money on our whims and also have some savings in case something goes wrong with our cash flow management, especially if our income decreases or our expenses increase. We may need to have money to handle such things, especially if we are prioritizing our Bitcoin investments and do not want to use our Bitcoin holdings against our will. If we have already committed to holding Bitcoin as a long-term investment, for 4-10 years or more. These are the priorities we set for ourselves based on our priorities and our willingness to fulfill the promises we make to ourselves about what we are going to do and how committed we are to achieving what we tell ourselves we will achieve.

[Bigjoe33]

Edit....

People can start with just $10 or any other small amount and learn as they go. And along with buying Bitcoin, they can also build their own savings. So a person needs to figure out whether they have a discretionary fund or not. And also calculate their income and expenses. If a person gets a salary of about $500 every two weeks and their basic expenses are about $400 every two weeks, then they will calculate that they have $100 as discretionary fund every two weeks. What I mean by this small example is that needs and responsibilities should be prioritized and then the remaining money should be invested. Investing from discretionary income means that we are making sure that this money is not needed for urgent needs and we are able to afford to lose this money.

How much an investor will invest consistently will depend entirely on the income of that investor and the discretionary income of that investor. If the investor can accumulate a large amount of discretionary income by meeting all his needs and keeping other expenses aside, then those investors can use a large amount of money for continuous investment.

True! But then, because of the liberty the DCA strategy brings, we can adjust our accumulation price to whatever we can afford at a particular time just so we remain consistent in the market, and of course thats the best, instead of staying out of acculturation because we don't have enough amount to invest and/or our amount is not up to the regular amount we usually invest with.
In order words, we can continually accumulate Bitcoin from our available  discretionary income and keep consistency. We must not track a particular amount as an excuse not to be consistent

[sotelorene]

Edit....

People can start with just $10 or any other small amount and learn as they go. And along with buying Bitcoin, they can also build their own savings. So a person needs to figure out whether they have a discretionary fund or not. And also calculate their income and expenses. If a person gets a salary of about $500 every two weeks and their basic expenses are about $400 every two weeks, then they will calculate that they have $100 as discretionary fund every two weeks. What I mean by this small example is that needs and responsibilities should be prioritized and then the remaining money should be invested. Investing from discretionary income means that we are making sure that this money is not needed for urgent needs and we are able to afford to lose this money.

How much an investor will invest consistently will depend entirely on the income of that investor and the discretionary income of that investor. If the investor can accumulate a large amount of discretionary income by meeting all his needs and keeping other expenses aside, then those investors can use a large amount of money for continuous investment.

True! But then, because of the liberty the DCA strategy brings, we can adjust our accumulation price to whatever we can afford at a particular time just so we remain consistent in the market, and of course thats the best, instead of staying out of acculturation because we don't have enough amount to invest and/or our amount is not up to the regular amount we usually invest with.
In order words, we can continually accumulate Bitcoin from our available  discretionary income and keep consistency. We must not track a particular amount as an excuse not to be consistent

The DCA method is only a liberty to those who understands it and to those who are using it properly because there are folks who are using the DCA method in a way that it is not proper and some don't even understand or know how to use it so I don't see it as liberty because they are struggling with it and some are fighting to hold because of the mindset they have towards Bitcoin investment. We can only be at liberty with the DCA if we are utilizing it accordingly.

[Charcol]

Taking a loan during a dip is not a great idea. There are other ways an investor can actually prepare for a dip , for an investor that is planning to buying bitcoin during a dip is not a good idea for them to wait for the dip to occur before they can start accumulating bitcoin. They can be going with bitcoin accumulation using DCA strategy and be setting aside some part of there discretionary income for buying the dip. An investor can take loan to buy bitcoin during a dip when they have other means of paying back the loan aside there bitcoin investment but it is still not a good idea to take loan in other to buy bitcoin during a dip.

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

I would consider buying on loan thinking that the price has fallen as an attempt to time the market. Because buying regularly,buying at once,and buying when the price falls are three different strategies. And when investing on loan,you need to consider a few things carefully because taking a loan is not part of discretionary income. Rather, investing on loan can often create a liability on your future income. Also, a decrease in price does not always mean a sure opportunity, but the price may decrease further later. But you need to understand that the pressure to repay the loan does not stop with the market price. At some point, the pressure of the loan can become your throat. And I am not in favor of taking a loan when the price falls. Because some people may buy thinking that they will buy Bitcoin with a loan now when the price is low and sell it when the price rises, which is even more dangerous. Because it is not certain whether the price will increase according to their expectations. But the pressure of the loan will continue to increase day by day. At some point, there is no choice but to be forced to sell at a loss.

Buying on loan can only be considered if one has a sure and strong source of repayment. But such situations are very limited. If one wants to be really aggressive, then one can use discretionary income considering his financial situation.

[BitBakerr1]

Edit....

People can start with just $10 or any other small amount and learn as they go. And along with buying Bitcoin, they can also build their own savings. So a person needs to figure out whether they have a discretionary fund or not. And also calculate their income and expenses. If a person gets a salary of about $500 every two weeks and their basic expenses are about $400 every two weeks, then they will calculate that they have $100 as discretionary fund every two weeks. What I mean by this small example is that needs and responsibilities should be prioritized and then the remaining money should be invested. Investing from discretionary income means that we are making sure that this money is not needed for urgent needs and we are able to afford to lose this money.

How much an investor will invest consistently will depend entirely on the income of that investor and the discretionary income of that investor. If the investor can accumulate a large amount of discretionary income by meeting all his needs and keeping other expenses aside, then those investors can use a large amount of money for continuous investment.

True! But then, because of the liberty the DCA strategy brings, we can adjust our accumulation price to whatever we can afford at a particular time just so we remain consistent in the market, and of course thats the best, instead of staying out of acculturation because we don't have enough amount to invest and/or our amount is not up to the regular amount we usually invest with.
In order words, we can continually accumulate Bitcoin from our available  discretionary income and keep consistency. We must not track a particular amount as an excuse not to be consistent

The DCA strategy actually brings liberty because it helps us to accumulate bitcoin with whatever amount we have and it also reduce the pressure of trying to accumulate with huge amount of money at a time, I love the DCA strategy and ever since I knew about that strategy I have been using it till date and I don’t think I will change from using it even though I reach over accumulation stage and I still want to add more bitcoin to my portfolio I will still use the DCA strategy except better strategy is discovered in the future.
Bitcoin investment is one of the best investment in the world right now and one good thing is that you can use any account to start your investment so amount of money shouldn’t be a reason not to accumulate and remain consistent.

[johnsaributua]

True! But then, because of the liberty the DCA strategy brings, we can adjust our accumulation price to whatever we can afford at a particular time just so we remain consistent in the market, and of course thats the best, instead of staying out of acculturation because we don't have enough amount to invest and/or our amount is not up to the regular amount we usually invest with.
In order words, we can continually accumulate Bitcoin from our available  discretionary income and keep consistency. We must not track a particular amount as an excuse not to be consistent

We should be the ones thinking about this because we must consistently adjust our Bitcoin purchases. The DCA strategy is currently very easy to understand and the amount we need to accumulate doesn't have to be large. This is why many people today when they have income or more than they need ultimately choose to continue buying Bitcoin even if it's a small or large amount. Clearly they accumulate Bitcoin after meeting their responsible needs.

Because if the matter is not sufficient it is clearer not to invest because when we force ourselves to continue investing there will definitely be things that we will experience so it is better to be consistent in investing if we do everything with discretionary funds because we need to maintain these discretionary funds and we are freer in investing in Bitcoin this is because these funds are the last funds that belong to us completely even though there are not many but we do it after everything is sufficient and we will not make mistakes again in investing in Bitcoin.

[Primark]

personally, buying the dip doesn't seem attractive to me due to the fact that it is time consuming. Just like you said that there's no certainty about when the dip will happen, of course that's the more reason why I don't find it attractive. Majority of the investors who feel buying the dip is the best method for Thier Bitcoin accumulation end up wasting a whole lot of years just to wait for the dip, some started recently why some are yet to get started meanwhile, those of Thier friends that started together with them and have chosing to adopt the DCA is close to achieving Thier investment target. These method of buying the dip delayed a lot of guys from not starting Thier Bitcoin investment quite on time, so  I don't even see anything attractive about this method.

Buying the dip is actually not attractive. Within the same period of time there's less tendency of an investor buying the dip to be close to their accumulation target compared to an investor using DCA strategy. DCA strategy gives an investor the chance to make good use of the dip without necessarily waiting for the dip but just busy DCAing but increase buying on obvious decline like if BTC is $70,009 and when your interval to buy is due BTC drops to $65,000. knowing this is, you decide to add planned extra available discretionary funds to buy Bitcoin.

You can invest in Bitcoin in any way, but the most DCA method is the best investment strategy. This is usually not to use emergency funds in small dumping, I did not like your strategy. Because if the price of Bitcoin drops from $70k to $65k, how will he use emergency funds to buy Bitcoin? At this time, if the price of Bitcoin continues to fall further, then that person may face danger and panic and leave his Bitcoin holding at a loss.
So emergency funds should not be used in this general market fall, if the price of Bitcoin suddenly drops from $70k to $40k, then he can use emergency funds up to 50% of his total money. And if there is a further fall, then he can use 25 percent of his average bill in this way in stages (estimated Bitcoin purchase strategy).

You said at the beginning that emergency funds should not be used in case of price declines, and on the other hand, you say that a large part of the emergency fund can be used if the price falls. I am telling you to inform you that the function of emergency funds is to be used for your real life job loss, medical treatment, sudden family problems or unexpected emergency expenses, not to seize any market opportunity. You need to understand that price decline is not an emergency. If the price of Bitcoin stops at $70k and drops to $40k, it may be an opportunity for investors, but it is not an emergency in itself. Therefore, if you make a market decline an emergency, the main purpose of the emergency fund may be defeated. You should actually separate emergency funds and reserve funds. If someone keeps some extra reserve funds in addition to regular savings, then if the price falls, you can buy more from that reserve fund. But when you take advantage of DIP with the money kept as an emergency fund, then later in a real emergency, there is a possibility that you may be forced to sell. This will ruin your long-term savings plan.

[ZeroVinsonN]

Edit....

People can start with just $10 or any other small amount and learn as they go. And along with buying Bitcoin, they can also build their own savings. So a person needs to figure out whether they have a discretionary fund or not. And also calculate their income and expenses. If a person gets a salary of about $500 every two weeks and their basic expenses are about $400 every two weeks, then they will calculate that they have $100 as discretionary fund every two weeks. What I mean by this small example is that needs and responsibilities should be prioritized and then the remaining money should be invested. Investing from discretionary income means that we are making sure that this money is not needed for urgent needs and we are able to afford to lose this money.

How much an investor will invest consistently will depend entirely on the income of that investor and the discretionary income of that investor. If the investor can accumulate a large amount of discretionary income by meeting all his needs and keeping other expenses aside, then those investors can use a large amount of money for continuous investment.

True! But then, because of the liberty the DCA strategy brings, we can adjust our accumulation price to whatever we can afford at a particular time just so we remain consistent in the market, and of course thats the best, instead of staying out of acculturation because we don't have enough amount to invest and/or our amount is not up to the regular amount we usually invest with.
In order words, we can continually accumulate Bitcoin from our available  discretionary income and keep consistency. We must not track a particular amount as an excuse not to be consistent

The DCA method is only a liberty to those who understands it and to those who are using it properly because there are folks who are using the DCA method in a way that it is not proper and some don't even understand or know how to use it so I don't see it as liberty because they are struggling with it and some are fighting to hold because of the mindset they have towards Bitcoin investment. We can only be at liberty with the DCA if we are utilizing it accordingly.

The DCA is very simple to understand, you buy when you can with what you can which is with your discretionary income, there is not demand that you have to buy a particular quantity of bitcoin or buy at a particular price, it's supports all kinds of investors, the only criteria that matters for a person to have to be able to invest in bitcoin with the DCA method is having their discretionary income to invest with, once this has been satisfied they can start accumulating bitcoin.

[RockBell]

The DCA method is only a liberty to those who understands it and to those who are using it properly because there are folks who are using the DCA method in a way that it is not proper and some don't even understand or know how to use it so I don't see it as liberty because they are struggling with it and some are fighting to hold because of the mindset they have towards Bitcoin investment. We can only be at liberty with the DCA if we are utilizing it accordingly.

And it is not something that is even that difficult to understand, and it just depends on how you want to use your income, because when you mention DCA, it always sounds like something that is difficult to do, but it's not that it is that easy the same time, and most people don't understand they need to know, and one of the most important thing is that when you are doing DCA then you have to also learn how to hold because when you do DCA then you should understand that when you have the intention to use DCA then you will have to hold for long time, because that is when you don't have intention of holding for long then it will be better to just leave DCA alone.

[samadam007]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

You re emphasizing too much on the ability to payback the loan while overlooking the risk of the investment. Having a stable income or repayment plan does not guarantee that the investmemt will perform well. We all know the market is unpredictable and nobody can predict future price movements correctly

The statement that investing with debt can be a wise move might give most folks the impression that borrowing money to invest is generally acceptable, when in reality it increases financial risk. If the investment looses value,he debt will remain and must still be repaid. Unexpected events can also affect folks ability to meet their repayment date . While some people may choose to invest with borrowed money, it should be viewed as extremely high risk decision rather than a strategy that can be broadly recommended. Responsible investing is about managing risk, not increasing it through debt

[Razmirraz]

Snip.

And it is not something that is even that difficult to understand, and it just depends on how you want to use your income, because when you mention DCA, it always sounds like something that is difficult to do, but it's not that it is that easy the same time, and most people don't understand they need to know, and one of the most important thing is that when you are doing DCA then you have to also learn how to hold because when you do DCA then you should understand that when you have the intention to use DCA then you will have to hold for long time, because that is when you don't have intention of holding for long then it will be better to just leave DCA alone.

DCA without "Hold" is like lying to yourself. DCA sounds difficult because what most people have in mind is analysis and strategy, but in practice, it boils down to just two words: Buy and hold. I agree with you, using the DCA strategy is not to make money for next month, but the rule is like someone who collects firewood for the next 4 years, if every week the wood is used to burn meat, then that person will be cold when winter comes.
DCA is actually simple, but it requires high discipline. The key to the success of this strategy lies in consistently investing regularly and committing to holding Bitcoin for the long term, regardless of price fluctuations in the market.

[Xackie]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

You re emphasizing too much on the ability to payback the loan while overlooking the risk of the investment. Having a stable income or repayment plan does not guarantee that the investmemt will perform well. We all know the market is unpredictable and nobody can predict future price movements correctly

The statement that investing with debt can be a wise move might give most folks the impression that borrowing money to invest is generally acceptable, when in reality it increases financial risk. If the investment looses value,he debt will remain and must still be repaid. Unexpected events can also affect folks ability to meet their repayment date . While some people may choose to invest with borrowed money, it should be viewed as extremely high risk decision rather than a strategy that can be broadly recommended. Responsible investing is about managing risk, not increasing it through debt

‎ I myself don't like the idea of taking a loan to invest. The only time I feel loans can be taken is during periods of emergency, where there's a shortage of cash (fiat) to take care of essential needs, like food, rent, school fees, health etc. But if the person has a legit way of paying back that loan , then he can use it to invest. Apart from investing,  a lot of Entrepreneurs take loans to start up their business on a large scale. So it is really a bad idea as long as you have ways to pay back before the due date and you don't make your investments as the option to be used to pay that loan (that would be a financial mistake). If you are a person who doesn't have ways of getting income, they should not even make loans as their options for investing. They should rather find ways on earning money to invest.

[Crytohillss]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

You re emphasizing too much on the ability to payback the loan while overlooking the risk of the investment. Having a stable income or repayment plan does not guarantee that the investmemt will perform well. We all know the market is unpredictable and nobody can predict future price movements correctly

The statement that investing with debt can be a wise move might give most folks the impression that borrowing money to invest is generally acceptable, when in reality it increases financial risk. If the investment looses value,he debt will remain and must still be repaid. Unexpected events can also affect folks ability to meet their repayment date . While some people may choose to invest with borrowed money, it should be viewed as extremely high risk decision rather than a strategy that can be broadly recommended. Responsible investing is about managing risk, not increasing it through debt

I think the biggest problem is the investment risk itself a solid repayment play may reduce the risks of defaulting on the loan but it doesn't remove the risks of the investment underfuctioning . Markets are inherently unpredictable and even well researched investment can lose value if that happens the borrower is left with both the investment loss and obligations to repay the debt on that note life is unpredictable job loss emergencies or Changes in income can make repayment more difficult that already planned.

[Creeper0]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

I would consider buying on loan thinking that the price has fallen as an attempt to time the market. Because buying regularly,buying at once,and buying when the price falls are three different strategies. And when investing on loan,you need to consider a few things carefully because taking a loan is not part of discretionary income. Rather, investing on loan can often create a liability on your future income. Also, a decrease in price does not always mean a sure opportunity, but the price may decrease further later. But you need to understand that the pressure to repay the loan does not stop with the market price. At some point, the pressure of the loan can become your throat. And I am not in favor of taking a loan when the price falls. Because some people may buy thinking that they will buy Bitcoin with a loan now when the price is low and sell it when the price rises, which is even more dangerous. Because it is not certain whether the price will increase according to their expectations. But the pressure of the loan will continue to increase day by day. At some point, there is no choice but to be forced to sell at a loss.

Buying on loan can only be considered if one has a sure and strong source of repayment. But such situations are very limited. If one wants to be really aggressive, then one can use discretionary income considering his financial situation.

You seem to be exaggerating a bit, I did not mention in any way that even if you do not have the ability to repay the loan, invest with a loan and if the price increases by investing with a loan at a low price, sell it and repay the loan. You seem to be misunderstanding my sentences. However, in the end you have twisted my sentences, but with a little drama. Maybe I may be wrong, but you cannot exaggerate my sentences. Even I am reluctant to accept that loan cannot be discretionary money.

Suppose you get your expected dip in the market today but you will have discretionary money for investment after 2-3 days, in which case you have the opportunity to borrow that amount from your friend or someone close to you without any hassle, in such a case, can it be wrong to invest with a loan? I do not think so. You are doing today what you could have done two days later.

I am not going towards price decrease and price increase, but rather getting the expected value. All DCA investors have an expected value, but they do not wait for it, rather it is only an expectation. Each of us has a dream or a big expectation, we certainly do not stop all activities to achieve it. Rather, we continue to do regular tasks and try our best to take the opportunity to achieve that dream or expectation. That is exactly the case.

[obuoma]

DCA without "Hold" is like lying to yourself. DCA sounds difficult because what most people have in mind is analysis and strategy, but in practice, it boils down to just two words: Buy and hold. I agree with you, using the DCA strategy is not to make money for next month, but the rule is like someone who collects firewood for the next 4 years, if every week the wood is used to burn meat, then that person will be cold when winter comes.

My experience using the DCA method is that it supports more of holding than selling since the investor is more inclined to purchasing than thinking when to sell. Recur that the DCA method aims to remove financial stress from the investor by allowing him invest small part of his capital per time. In addition, the DCA method does not look at the price which is why the investor is more of buying than selling.

I also want to inform you that the DCA method is not difficult, it is one of the simplest method of investing in Bitcoin that is suitable for everyone including newbies and experienced investors with huge capital. You don't need too much brain work to invest through the DCA method neither do you have to master technical analysis to do that, just login to wherever you want to buy your coins, buy and withdraw to your private wallet.

[B-BossMan]

Even after continuing to buy continuously, if a person saves money and waits to take advantage of the decline or to buy aggressively, it is not at all right. Whether the price of Bitcoin is currently at its highest level or at its lowest level, we should continue to buy continuously.

Waiting for a decline can take a person away from the path of continuous investment. Many times it is seen that the desired decline never happens. Waiting for a decline is waiting for an unknown future, it is never possible to say whether it will ever happen or not.

If a person wants to take advantage of the decline while continuing to buy continuously, then if he has the ability to take out a loan, he can buy aggressively by taking out a loan. Or if he has some kind of land that he is not using or is not getting any benefit from it at present, then he can sell that land and buy aggressively during the decline. Depending on our financial situation, it is best to continue to buy aggressively as much as possible without overdoing it.

I'm not sure It's a good idea to casually suggest taking of loan to purchase Bitcoins as a way to get more aggressive. Taking loan to buy Bitcoin doesn't add to discretionary income, it simply puts you into the obligation to pay back the amount of money that you borrowed,  no matter how the market performs.

The problem about debt, it can be an unwanted addition to an investment plan. When times get tough with the economy, costs rise or the market actually turns against you, loans must be serviced.  That may leave an investor in a situation where they are forced in paying off a loan instead of building up their investment portfolio.

Aggressiveness is not about loading up debts whenever the market is down.  It's about using your own available discretionary income to invest in Bitcoin and still maintaining a sound financial plan and not be taking any unnecessary risks..

Taking loan may be normal to some people, but the biggest issues In using a loan money to purchase bitcoin is actually removes the greatest advantages that a long-term invest has which is patience because when someone tend to invest with a loan money, they are no longer dealing with Bitcoin's timeline, but they are dealing with lender's timeline. When you they are repaying either weekly or monthly it doesn't care whether the bitcoin is or has drop or higher. And that's one disadvantage of taking loan to buy Bitcoin.

An investors who stack bitcoin using thier discretionary income can actually be free from all these, but once the debts enters at the process, the long-term accumulation focus will definitely shift to short-term financial survival, instead of waiting patiently for future gains, the investor may force to sell the bitcoin just to meet up with his obligations.

Once financial freedom will be strengthening through bitcoin investment, it's not creating any additional stress, the true aggressiveness truly comes from doubling your earning strength. debt will never increase once's discretionaryincome that's why a sustainable bitcoin accumulation method/strategy backed by your own income actually provides more peace of mind, than trying to attempt the process with borrowing or taking lian money.

[laijsica]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

You re emphasizing too much on the ability to payback the loan while overlooking the risk of the investment. Having a stable income or repayment plan does not guarantee that the investmemt will perform well. We all know the market is unpredictable and nobody can predict future price movements correctly

The statement that investing with debt can be a wise move might give most folks the impression that borrowing money to invest is generally acceptable, when in reality it increases financial risk. If the investment looses value,he debt will remain and must still be repaid. Unexpected events can also affect folks ability to meet their repayment date . While some people may choose to invest with borrowed money, it should be viewed as extremely high risk decision rather than a strategy that can be broadly recommended. Responsible investing is about managing risk, not increasing it through debt

‎ I myself don't like the idea of taking a loan to invest. The only time I feel loans can be taken is during periods of emergency, where there's a shortage of cash (fiat) to take care of essential needs, like food, rent, school fees, health etc. But if the person has a legit way of paying back that loan , then he can use it to invest. Apart from investing,  a lot of Entrepreneurs take loans to start up their business on a large scale. So it is really a bad idea as long as you have ways to pay back before the due date and you don't make your investments as the option to be used to pay that loan (that would be a financial mistake). If you are a person who doesn't have ways of getting income, they should not even make loans as their options for investing. They should rather find ways on earning money to invest.

Almost all the big businessmen in the country have taken loans from banks and become owners of large companies. They may have started with small investments like us in the past. I am only bringing the reality forward because most of the big industrial companies in the world take loans from financial institutions and they repay the loans by selling the products they produce. Most of the entrepreneurs in the world started with loans from financial institutions and they have owned many companies with the financing of those big financial institutions.

If the issue of long term Bitcoin investment is considered then some will consider investing with loans risky but I think if you have backup to repay the loan you can take a loan. The price of Bitcoin may decrease and may fall a lot but you have to repay that loan because if you do not do it on time the amount of loan will continue to increase at a compounding rate.

I think you can take a loan for Bitcoin if you are already in the DCA method and you are regularly accumulation Bitcoin for a cycle or half a cycle with your own financing. If you can take a 4-year grace period (without interest) to repay the loan and it will be more easy to your future investment. Also it will be an excellent decision for growing  Bitcoin portfolio.

[Charcol]

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise. Especially when the market is giving us the opportunity to buy dips, if there is an opportunity to invest in debt and if you have the ability to repay the loan on time, you can definitely invest in debt, it can be a wise move.

In this case, you must be especially careful about repaying the loan, if there is even the slightest doubt about the ability to repay the loan on time, then refrain from investing in debt. Even there is no need to take complicated loans for investment, if you are able to get a loan easily, then plan to invest in debt. Debt is not bad if you have the ability to repay and are honest in repaying the loan.

I would consider buying on loan thinking that the price has fallen as an attempt to time the market. Because buying regularly,buying at once,and buying when the price falls are three different strategies. And when investing on loan,you need to consider a few things carefully because taking a loan is not part of discretionary income. Rather, investing on loan can often create a liability on your future income. Also, a decrease in price does not always mean a sure opportunity, but the price may decrease further later. But you need to understand that the pressure to repay the loan does not stop with the market price. At some point, the pressure of the loan can become your throat. And I am not in favor of taking a loan when the price falls. Because some people may buy thinking that they will buy Bitcoin with a loan now when the price is low and sell it when the price rises, which is even more dangerous. Because it is not certain whether the price will increase according to their expectations. But the pressure of the loan will continue to increase day by day. At some point, there is no choice but to be forced to sell at a loss.

Buying on loan can only be considered if one has a sure and strong source of repayment. But such situations are very limited. If one wants to be really aggressive, then one can use discretionary income considering his financial situation.

You seem to be exaggerating a bit, I did not mention in any way that even if you do not have the ability to repay the loan, invest with a loan and if the price increases by investing with a loan at a low price, sell it and repay the loan. You seem to be misunderstanding my sentences. However, in the end you have twisted my sentences, but with a little drama. Maybe I may be wrong, but you cannot exaggerate my sentences. Even I am reluctant to accept that loan cannot be discretionary money.

Suppose you get your expected dip in the market today but you will have discretionary money for investment after 2-3 days, in which case you have the opportunity to borrow that amount from your friend or someone close to you without any hassle, in such a case, can it be wrong to invest with a loan? I do not think so. You are doing today what you could have done two days later.

I am not going towards price decrease and price increase, but rather getting the expected value. All DCA investors have an expected value, but they do not wait for it, rather it is only an expectation. Each of us has a dream or a big expectation, we certainly do not stop all activities to achieve it. Rather, we continue to do regular tasks and try our best to take the opportunity to achieve that dream or expectation. That is exactly the case.

I am only talking about the part you mentioned where you say that you do not think it is wrong to invest with debt in any situation.

I don't see anything wrong with investing in debt under any circumstances if you have the ability to repay the loan while keeping the promise.

You mentioned the matter here in such a way that it is natural and wise to buy with debt just by seeing a dip. You should not forget that a loan itself is not a discretionary income but a loan can create a liability on your future income cash flow. You should also understand that there are very limited situations where a person is sure that he will be able to repay the loan while taking a loan. Remember that not everything has to be according to your plan. If somehow you cannot repay the loan, it will end up being your throat. Don't get me wrong, I am not exaggerating your words but I am sharing my opinions with you. Yes, it is true that my opinions may go against you a lot but I do not have the bad habit of exaggerating your words.

You said that I turned your words into a dramatic turn at the end, but my last part was that there are very limited situations where I am sure in advance about repaying such a loan.  Which is what I've been saying from the beginning.

[Btcdeybodi]

You are right that buying the dip actually seems attractive,but the reality is still deep on the market timing, no one can actually predict when the price would be pump or dump there's no any certainty on that perspective and that uncertainty is exactly why many investors who tends to target the dips struggle when they focus too on waiting for the perfect dips. So the reliable approach is to focusing on buying consistently whenever discretionary income are available, and that's why the Dollar cost averaging DCA still remains the most strongest strategies to approach for a long-term holdings and safer for investors. Instead of some should stop relaying on predictions skills and focus on thier income and also discipline. If an investor begins buying bitcoin regularly regardless of the price movement,  it actually removes the stress emotionally on trying to predict or target the perfect time.

As a long term investor, I think it's a bad approach when someone focus too much on trying to catch the perfect dip because nobody knows where the bottom is. For.me the best approach which I prefer is  to buy Bitcoin consistently with my discretionary income through DCA.

But if there's a major price drop and I have extra discretionary income available, I may buy a little more. The important thing is that I'm not trying to time the market or guess the bottom. My focus is still on building my position over the long term.  In the long run, discipline and consistency matter more than trying to time every price move.

After you have started investing in bitcoin that is when you will also start making provisions for emergency fund and reserved funds. The emergency funds will serve for emergency purposes why your reserved funds will serve for buying bitcoin during DIP prices which means that while you are still buying bitcoin using the DCA method, you can still buy the dips from your reserved funds. Everything about bitcoin investment is planning, if you plan well you won't have any problems all through your accumulation stage. Never wait for any dip, just continue buying and grow your investment to a reasonable amount because that should be the major priority.

If you can accumulate a huge stash of Bitcoin, it won't matter whether you bought at a high price because when the market skyrocket, you will definitely make a lot of profits from your investment. Some people bought bitcoin when the price was cheap and they have been able to hold up to 10 years, imagine the price of bitcoin 10 years back and now. The highest price of bitcoin in June 2016 (which is 10 years ago) was around $777, imagine what the profits of someone who bought about 20 bitcoins then will be today. The price is not the problem, can you accumulate and hold for a long period of time up to 10 years?