JJG’s Outline of Bitcoin Investment Ideas

[BluebloodCXVI]

while the lump sum requires you buying in a very large quantity, I mean with a big amount, not minding wether we are in the up or down season.

Lump sum investing doesn’t necessarily mean that you need to use a big amount of money to invest in bitcoin, it just simply means that you are deploying all of your available discretionary income into your investment at once instead of you spreading it out over time. For example if a person has $50 as their discretionary income to invest in one week and they now choose to use the whole of the $50 to invest immediately rather than spreading it out as $10 over the next five weeks then that is what we call lump sum. Many people on this forum always think that because of the word “lump” that it automatically means you have to invest big money, that is just a big misconception.

Whether someone is aggressive depends on their income especially if their needs are met and they have additional sources of income. I think someone will act as aggressively as possible. If they have sufficient funds I think everyone will act aggressively.

You seem to mixing up a person’s ability to invest with a person’s willingness to invest buddy!. Of course if a person has taken care of thier basic needs and they also happen to have an extra source of income, it can certainly increase their capacity to be able to take more risk but that doesn’t mean that they will choose to invest aggressively. Our level of aggressiveness is determined by far more than just our income alone. Our risk tolerance should be considered and also our financial obligations. It is not everybody that will choose to act as aggressively as possible if they had sufficient funds available to them; some people actually prefer to prioritize preserving their capital more than maximizing returns.

I don't think aggressive borrowing is necessary because the money we borrow is borrowed from others. If we continue to use borrowed money we will maximize our short-term gains. Our goal after accumulating is only to return the money to the person we borrowed from. Therefore we must always monitor market movements. If the current price is favorable we should sell to repay the capital or what we borrowed from that person. It's our ability to carry out this aggressive approach. If we don't want to use this pattern, it's better not to do it. We are not interested in doing it aggressively at all. Therefore investing doesn't have to be forced because ultimately if problems arise we will also experience the same problems.

What is this misleading BS that you are spewing? How can you advocate for people to borrow loans to invest aggressively and sell it to pay back the loans? What makes you think you will always have the opportunity to sell back at a favorable price to repay the loan? If you cannot answer this questions then you don’t know what you’re saying at all. The bitcoin market isn’t your personal playground that you can always mess around in whenever you like. If your loan becomes due during a market downturn, then you can be sure that you will sell at a loss just to repay that loan(now tell me, is that really a wise decision?).
As a long term investor, as long as your goal is steady accumulation, taking a debt that could force you to sell your bitcoin will definitely undermine the very objective that you’re trying to achieve.

[JayJuanGee]

while the lump sum requires you buying in a very large quantity, I mean with a big amount, not minding wether we are in the up or down season.

Lump sum doesn't really mean that you must use a big amount of money to buy at once. You can even small amount of money to lump sum. You are right that lump sum means buying right away with the money disregard the price of bitcoin at that moment. It's called lump sum because the money doesn't come often but once in a while.

For instance, if you are given funds as gifts in an occasion or at work to motivate you. You can use that money to lump sum immediately, if you like or share it into two parts and lump sum with one part right away. While, you use the other part to either add to your DCA weekly amount or keep it to buy at the dip that may come or not. It all depends on the individual how he wants to use his lump sum to increase his bitcoin portfolio.

For the best decision, it must be based on a personal decision with a careful plan, what you explained is quite able to present how the steps must be taken between the steps in the purchase of bitcoin, whether it is a Lumpsum or a lump sum purchase, when getting gift money or there is unused money and especially the opportunity when a sharp price drop is happening Lump sum will be very useful to take more bitcoin from the market one of them like now.
 
Everything goes back to each of our preferences in the use of money and the way we think is good to take, because we cannot feel someone's situation and conditions, but this lump sum purchase when the decline is the right choice.

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

[Tetu100]

The financial foundation should be strong and we should invest with money that we will not need later, that is, unnecessary money. If we have a trading mentality, many people want to take opportunities with the necessary money in the hope of quick profit, but if they face a decline later, they get into trouble from both sides. Therefore, investing regularly without taking such risks is a realistic approach for most investors. If someone invests with an understanding of risk and financial capacity, the chances of success in the long term are relatively high, so not only buying but also maintaining patience and discipline are the key to investing.

Are you suggesting that discretionary money is unnecessary money? Please explain what is necessary and unnecessary money. When explaining things we should take notes of the kind of words we use as we might be passing a different meaning while we meant to say another thing.

There's nothing like unnecessary, money is necessary irrespective of the funds or wallet they are coming from, because we work so hard before we get them. You're actually correct when you Said "the money we will not need later, that's the leftover money. but for the fact that you may not be needing them later does not make them useless, because if they are not necessary you wouldn't have invest them in bitcoin. When you Said (unnecessary money ) you're talking about something that is not needed, required, or wasteful. the last time I checked we don't invest in bitcoin with the intention of wasting our money, of course the reason why most folks are putting Thier discretionary income into Bitcoin is so that it will double maybe to 4x the amount they use to purchase Thier Bitcoin even though there's no certainty that the price will go up in the future but we never pray of Lossing.

I think when you say unnecessary money, It refers to discretionary income and it's worth clarifying that it doesn't mean money with no purpose. And I  think the reason he call.it unnecessary money is because this is the money investors  use to buy bitcoin because they won't depend on it in the near term.

On the other hand, necessary money is money for essentials needs such as housing, food, transportation, healthcare, or other short  term financial needs. If investor  buy bitcoin using this money he may be forced to sell off his  investments dring an emergency situations that require urgent funds

So, the distinction is really between discretionary income and essential funds That aligns with the principles of  long term investment and strategies like DCA, where investments are made consistently using money you can afford to leave untouch for a long time.

The whole thing boiled down to the discretionary funds. The discretionary funds remain the best funds to get started with so far as bitcoin investment is concern, making the mistake of using any other available funds that isn't the discretionary funds to invest can be very wrong because you may be force to sell part or even all of your investment holdings against your will when real life problem comes. It's never advisable, challenges never give signs before coming so it is better we do what is right by investing from the rightful source which is the discretionary funds so as not to be in a confuse state when in difficult time.

[Joeboy]

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

Very much true... Lump sum can practically be done with regardless of whether there is a price dip or not... And surely it can be done regardless of how big a small folks discretionary income tend to be..
And pertaining Bitcoin investment, well the price cannot be predicted due to how volatile the assets tends to be... And so to prevent further delays and time wasting, it's best that folks don't use dips as a basis for deciding their level of aggressiveness.. The level of aggressiveness should always be done in line with the availability of one's discretionary income, regardless of the market price..

[Bluedrem]

Very much true... Lump sum can practically be done with regardless of whether there is a price dip or not... And surely it can be done regardless of how big a small folks discretionary income tend to be..
And pertaining Bitcoin investment, well the price cannot be predicted due to how volatile the assets tends to be... And so to prevent further delays and time wasting, it's best that folks don't use dips as a basis for deciding their level of aggressiveness.. The level of aggressiveness should always be done in line with the availability of one's discretionary income, regardless of the market price..

Yes, when a person conducts his investment activities in DCA, he has to buy Bitcoin every month, that is, he buys Bitcoin throughout the year and it continues for a long time. But why should an investor start investing only at the lowest price of Bitcoin?
Suppose the lowest price of Bitcoin in this cycle was $ 58 thousand, in which case if someone starts investing in Bitcoin at $ 58 thousand and wants to adopt the long-term DCA method, then he will not continue buying Bitcoin until the next bull market. Suppose the price of Bitcoin increases from $ 58 thousand to $ 150 thousand, according to the terms of DCA, he should still continue the DCA method and what if the price increases further.
And if he wants to make his investment permanent for two or three cycles, he should see the high and low waves of the price in advance.
But yes, I think if someone has enough discretionary income, they can create a separate fund along with managing DCA through which they can apply pressure on the accelerator through DIP attacks so that the portfolio is enriched.
However, the main condition of Bitcoin investment is that if you want to be profitable, you must have a long-term plan with Bitcoin.

[Cossyblack]

Just a quick reminder, I think generally buying Bitcoin aggressively is not wrong at all and even while staying in a regular DCA method one can still be buying aggressively and there is nothing wrong with that, things will only become problematic when forks over do things and become over aggressive.
Buying during period of price declined and lump sum is really a different thing alot of people make this mistake of thinking that simply because they used larger amounts of money to buy during the dip that they have automatically bought with the lump sum while it is still buying the dip., with Lump sum buying there is no reference to the market conditions even while the money comes in larger amount.

Buy the dip and lump sum are separate strategy  they don't mean the same thing. Folk who mistakes buying the dip and lump sum buying to be the same thing doesn't know what they are saying because they both means different things. When an investor buy during the dip is not the same as  lump sum that is a misconception. Folk do not need a large amount of discretionary income to lump sum they can use small amount or any amount that is available. If folk invest all their discretionary income at once it's simply lump sum so the difference is clear..

[Bigjoe33]

Being poor, your investment amount and profit amount may not be very high, but what you have saved will at least be protected from inflation. Reality is different, so we cannot follow the same rule in all cases.

Of course, you seem to be presuming that anyone can invest in bitcoin, which might not be the case.

Sure, just anyone cannot invest in Bitcoin if they are very poor and cannot figure out a Discretionary income due to high expenses meeting a low income. And on the other hand, anyone can invest in Bitcoin provided they are able to figure out what there discretionary income is.

I believe one of the major problem poor people face in investing into Bitcoin is the ability to decide or find out what could be termed as a Discretionary since sometimes there little income may not meet there basic needs let alone mapping out some as left over money. But if perhaps they are able to figure out some level of discretionary income, then they can buy Bitcoin in small quantity or amounts, even though they may not be steady in such buys since they may not be sure if the next pay may meet up there expenses and getting a Discretionary.

[letteredhub]

The "Will" to start invest must be there first before actually thinking about how to raise your discretionary income. The discretionary income comes second because in as much as you're doing what earns you a source of income then discretionary income can't be a problem to have.

I don't agree with you that discretionary income comes second because if you fail to invest in Bitcoin with the discretionary income, you will likely run into problems in a matter of time. You are also wrong that having a source of income automatically means that you no longer have need to check your discretionary income, that is absolutely wrong because one can have a source of income that is not enough to meet his basic needs, hence there may not be discretionary income for investing in Bitcoin. Remember that a lot of people are under employed which means even with their source of income, they barely have enough to cover their basic needs. Anyone in this situation have to look for alternative like looking for another job or work long hours to raise more money to be able to have discretionary income.

You missing the point here mate and I should try to put it the other way so you could probably understand my views clearly. First, I didn't disregard discretionary income as I am aware of it's importance towards bitcoin investment. All I was saying in my previous reply was that you have to start investing with the little you have regardless of how little it may be and so long as you're an income earner then you must have something to take out for discretionary income where the will is there to actually starting investing.

Where you think your one income isn't enough you can always work towards multiple streams by doing more than two jobs or a business for yourself. You gat to be creative to think how you can increase your sources of income and not rely only on one in this current economy.

[B-BossMan]

We should be constructing systems and engaging in practices to avoid those kinds of situations where we would have to tap into our bitcoin at a time that is outside of our own choosing.  Of course, by the time we get to the point of tapping into our bitcoin, we probably had already been not adding to our bitcoin too, since we are adding to our bitcoin from our discretionary funds, but if we are getting to a point that we are depleting various kinds of back up funds and even getting down to the emergency funds level, then we likely had already stopped buying bitcoin for quite a bit of time prior to having to actually tap into our bitcoin.

This is factual. It's high time some people need to understand that bitcoin strategy or DCA shouldn't be only about buying regularly, but it's also good to creates more or enough financial protection in order to avoid selling off thier bitcoin during any financial pressures. The facts is to give your holdings enough time to grow higher without being broken off by short-term or any unexpected expenses.
That's why
The emergency savings.
A stable cashflow.
And an effective budgets remains the most relevant part in long-term bitcoun accumulation strategy. An experienced investors always prevents thier sef or avoid turning a temporary issues to permanent losses. However, an investors who actually benefit most over the long-term are sometimes not the only ones who bought Bitcoin the most aggressively. But the investors who truly built enough financial stability around their lives in order to keep thier bitcoin holdings or investment untouched and the time turns the bitcoin stacking into a meaningful something.

[Jody.Drummer]

Being poor, your investment amount and profit amount may not be very high, but what you have saved will at least be protected from inflation. Reality is different, so we cannot follow the same rule in all cases.

Of course, you seem to be presuming that anyone can invest in bitcoin, which might not be the case.

Sure, just anyone cannot invest in Bitcoin if they are very poor and cannot figure out a Discretionary income due to high expenses meeting a low income. And on the other hand, anyone can invest in Bitcoin provided they are able to figure out what there discretionary income is.

I believe one of the major problem poor people face in investing into Bitcoin is the ability to decide or find out what could be termed as a Discretionary since sometimes there little income may not meet there basic needs let alone mapping out some as left over money. But if perhaps they are able to figure out some level of discretionary income, then they can buy Bitcoin in small quantity or amounts, even though they may not be steady in such buys since they may not be sure if the next pay may meet up there expenses and getting a Discretionary.

I would add that maybe whoever here may be meant to those who do have disposable income or can indeed determine their discretionary funds not meaning everyone even those who are very poor as you said or those who do not have any income at all even to meet their own needs are still struggling. For myself when someone has an income then they should have their own discretionary funds and they can use it for anything depending on their wishes including investment as one of them.

[bangjoe]

For the best decision, it must be based on a personal decision with a careful plan, what you explained is quite able to present how the steps must be taken between the steps in the purchase of bitcoin, whether it is a Lumpsum or a lump sum purchase, when getting gift money or there is unused money and especially the opportunity when a sharp price drop is happening Lump sum will be very useful to take more bitcoin from the market one of them like now.
 
Everything goes back to each of our preferences in the use of money and the way we think is good to take, because we cannot feel someone's situation and conditions, but this lump sum purchase when the decline is the right choice.

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

Well I understand thank you for that, delaying is not a good decision, from the many delays most of them are failures especially in uncertain expectations such as a continuous decline such as a disease when bitcoin goes down always hoping to go down again, and it becomes a psychological disease that must be treated.
 
Or maybe what we can outsmart is like dividing the two budget funds for purchases by having funds for routine DCA and also funds for purchases at a reduced price level that is targeted or worth buying, so DCA continues and we have the strength to accumulate when a crash occurs.
But the most appropriate decision is indeed to increase income because from there we can get more discretionary money to spend, the more discretionary income the more bitcoins we can get with more money this is simpler than thinking about it.

[impulse709]

Being poor, your investment amount and profit amount may not be very high, but what you have saved will at least be protected from inflation. Reality is different, so we cannot follow the same rule in all cases.

Of course, you seem to be presuming that anyone can invest in bitcoin, which might not be the case.

Sure, just anyone cannot invest in Bitcoin if they are very poor and cannot figure out a Discretionary income due to high expenses meeting a low income. And on the other hand, anyone can invest in Bitcoin provided they are able to figure out what there discretionary income is.

I believe one of the major problem poor people face in investing into Bitcoin is the ability to decide or find out what could be termed as a Discretionary since sometimes there little income may not meet there basic needs let alone mapping out some as left over money. But if perhaps they are able to figure out some level of discretionary income, then they can buy Bitcoin in small quantity or amounts, even though they may not be steady in such buys since they may not be sure if the next pay may meet up there expenses and getting a Discretionary.

I would add that maybe whoever here may be meant to those who do have disposable income or can indeed determine their discretionary funds not meaning everyone even those who are very poor as you said or those who do not have any income at all even to meet their own needs are still struggling. For myself when someone has an income then they should have their own discretionary funds and they can use it for anything depending on their wishes including investment as one of them.

I do believe it's not about a person's income or lack thereof, but if that person has some discretionary income, after paying bills, that's what it's about. While Bitcoin offers users an option to invest a small amount, not everyone can do so. People who are not able to cope with their daily needs should first focus on improving their finances. After they can regularly save a bit of money without sacrificing living costs, then a long-term Bitcoin investment becomes a more viable and responsible option.

[Silikiem]

For the best decision, it must be based on a personal decision with a careful plan, what you explained is quite able to present how the steps must be taken between the steps in the purchase of bitcoin, whether it is a Lumpsum or a lump sum purchase, when getting gift money or there is unused money and especially the opportunity when a sharp price drop is happening Lump sum will be very useful to take more bitcoin from the market one of them like now.
 
Everything goes back to each of our preferences in the use of money and the way we think is good to take, because we cannot feel someone's situation and conditions, but this lump sum purchase when the decline is the right choice.

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

Well I understand thank you for that, delaying is not a good decision, from the many delays most of them are failures especially in uncertain expectations such as a continuous decline such as a disease when bitcoin goes down always hoping to go down again, and it becomes a psychological disease that must be treated.
 
Or maybe what we can outsmart is like dividing the two budget funds for purchases by having funds for routine DCA and also funds for purchases at a reduced price level that is targeted or worth buying, so DCA continues and we have the strength to accumulate when a crash occurs.
But the most appropriate decision is indeed to increase income because from there we can get more discretionary money to spend, the more discretionary income the more bitcoins we can get with more money this is simpler than thinking about it.

No matter how one tries to play smart, as long as it involves the price of bitcoin there’s still no guarantee that you’ll get your desired price that’s targeted or worth buying for you just according to your statement because bitcoin is very volatile, there’s no guarantee it will fall to your targeted price level.

There’s a trade off in holding back funds that ordinary should have been used to increase our discretionary funds to also increase our bitcoin accumulation to enable investors reach their accumulation or investment targets first before they can chose to slow down a bit with their level of accumulating bitcoin where by even if they chose not to buy until a dip occurs, it wouldn’t be a problem for them because they already have achievable goals which is to build up their portfolio and reach their accumulation targets or perhaps over accumulation. But yeah, it’s left for folks to decide on whatever discretionary amount they can allocate for buying of bitcoin and whatever amount they can allocate towards building up of reserved funds or other back up funds but holding back cash in the view of buying the dip might seem unrealistic at the end of the day and the cash being held back might not been put to use because the dip may or may not happen.

[KeenanEl19]

Aggressive buying is not entirely wrong as long as it is within the discretionary funds then it is fine. The concern is that aggressive buying uses money that should not be borrowed or emergency funds, with myself not going to make aggressive purchases with emergency funds even in situations where prices are falling which is certainly a situation that can be utilized, but the option I would choose is to buy more using reserve funds.

You sound mixed up @KeenanEl19.

Aggressive buying of bitcoin does not mean that you are using emergency funds, borrowed money or even spending beyond your discretionary funds.  You seem to be mixing up overaggressive buying, and your ideas are wrong and misleading.

Even with borrowed money, there can be ways to borrow money but still not invest in an overly aggressive way.

The general idea of how much income a person might be able to allocate towards buying bitcoin relates to how much discretionary funds that he has.  If a person figures out how much money he has left after he has accounted for his basic expenses, then that is discretionary funds, and he can figure out how much of that he wants to allocate towards investing in bitcoin, how much to save (put into back up funds) and how much to use for discretionary consumption.  The idea of aggressiveness would relate to how much he chooses to put into bitcoin and if he chooses to give bitcoin buying a high priority, then that might be considered aggressive as compared with if he had chosen to give bitcoin investing a low priority.

So, yeah, the back up funds of emergency funds and reserve funds can be built up from discretionary funds, yet it makes little sense to draw from reserve funds to buy bitcoin unless you have first used up your discretionary funds for any given pay period.

Apart from that, buying aggressively is not an obligation for anyone who invests, this is up to us to determine if we are not interested then it doesn't matter with the other hand there are investments that are run consistently regardless of the strategy used.

You are correct.  Once we determine that we have discretionary funds, we can spend those discretionary funds however we want to, including determining how aggressive or whimpy that we would like to be in regards to our bitcoin buys.

Thank you for the explanation, because with what I thought about this aggressive purchase making purchases with funds that should not be but with what you said I understand. This aggressive buying is not necessarily wrong if it is done according to discretionary income, so someone who has discretionary funds by using it all to invest in bitcoin without dividing it for anything else apart from needs that have been met, maybe that's aggressive buying.

I myself put this reserve fund and emergency fund in the needs category, so when I receive my income there I divide it for daily needs, for savings, and for emergency funds and then the rest I allocate to bitcoin with a minimum amount that I have set myself.

[Different patterns]

while the lump sum requires you buying in a very large quantity, I mean with a big amount, not minding wether we are in the up or down season.

Lump sum doesn't really mean that you must use a big amount of money to buy at once. You can even small amount of money to lump sum. You are right that lump sum means buying right away with the money disregard the price of bitcoin at that moment. It's called lump sum because the money doesn't come often but once in a while.

For instance, if you are given funds as gifts in an occasion or at work to motivate you. You can use that money to lump sum immediately, if you like or share it into two parts and lump sum with one part right away. While, you use the other part to either add to your DCA weekly amount or keep it to buy at the dip that may come or not. It all depends on the individual how he wants to use his lump sum to increase his bitcoin portfolio.

For the best decision, it must be based on a personal decision with a careful plan, what you explained is quite able to present how the steps must be taken between the steps in the purchase of bitcoin, whether it is a Lumpsum or a lump sum purchase, when getting gift money or there is unused money and especially the opportunity when a sharp price drop is happening Lump sum will be very useful to take more bitcoin from the market one of them like now.
 
Everything goes back to each of our preferences in the use of money and the way we think is good to take, because we cannot feel someone's situation and conditions, but this lump sum purchase when the decline is the right choice.

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

Yes, I share your view,, buying a lot after bitcoin price drops is called buying dip, that’s not the lump sum investment, the difference matters because buying the dip means you wait for price you think is better before you purchase your bitcoin, while lump sum mean putting your funds in right way, no matter what the price is doing. But the biggest problem of waiting for dip to happen is that it can change your mindset, because you spend more time to guess when the next dip will happens and that alone can waste time and leads to wait too long missing out many opportunities if the price keeps going up. but for someone that building their bitcoin, the most important thing is consistency is usually more important than trying to wait for dip to happen, as a investor you don’t really need to watch every dip to build a position, if there extra funds available, when a big dip comes, buying more and more can be a good idea, A good bitcoin strategy should always work whether price is up or down, buying the dip should be considered as bonus not main strategy.

[Merit.s]

This aggressive buying is not necessarily wrong if it is done according to discretionary income, so someone who has discretionary funds by using it all to invest in bitcoin without dividing it for anything else apart from needs that have been met, maybe that's aggressive buying.

You don't need to use all your discretionary income to buy bitcoin because you want to be aggressive because you have your discretionary consumption which you don't need to deprive yourself from. I don't think that's realistic to buy Bitcoin with all your discretionary income. Using a higher amount from your discretionary income to buy bitcoin is what's known as aggressive buying.

I myself put this reserve fund and emergency fund in the needs category, so when I receive my income there I divide it for daily needs, for savings, and for emergency funds and then the rest I allocate to bitcoin with a minimum amount that I have set myself.

Your reserve funds and emergency funds isn't part of your basic needs because they're built from your discretionary income. Which means that you can only take care of your basic needs and monthly expenses. Any leftover funds is what is called discretionary income and that's the money you can share into three as a beginner. Use 1/3 for your weekly DCA, another 1/3 for building your emergency funds and the last part for your discretionary income.

[johnsaributua]

Buying aggressively is not wrong, it can actually strengthen your savings. But you have to be aggressive based on your own discretionary income, cash flow, emergency fund, and the reserve fund you have. Buying aggressively just because the price has dropped or you feel like it is a bad idea. It would also be a bad idea if you stop buying regularly and just wait for the DIP. If someone has extra discretionary income after buying regularly, they can take advantage of the price drop. I don't see anything wrong with that. But buying using emergency fund just because the price has dropped or they feel like it is a bad idea. Emergency fund is for use in emergencies, if you put it in investments, then later on when the emergency situation of the owner comes, there will be no choice but to sell it.

Your answer is correct. Currently if someone lacks financial strength I also don't think someone will be able to invest aggressively. Why are some people sometimes able to do it too aggressively? Because they are sometimes so strong in their income that they don't need to hesitate or worry about investing as aggressively as possible.

In fact, if market conditions are like they are now, if they don't take advantage of this, it's certainly a mistake for them. They are typically overly aggressive buyers. So, when something like this happens, they waste their opportunity. This is certainly an inappropriate move for them. They are people who always accumulate, whether the price is rising or falling. Clearly, they always prioritize buying in all situations, especially in conditions like these. It's certainly worth buying with the aim of continuously increasing the quantity or value of their BTC investment, which will become their future asset.

[Yablee0]

A good bitcoin strategy should always work whether price is up or down, buying the dip should be considered as bonus not main strategy.

You sounded more experienced. I have seen some many investors that has been making similar mistakes by seeing buy the dip as real strategy which is wrong. However, this can create several setback in your investment journey and make you miss out more great opportunities overtime. It's better for an investor to choose DCAing over the dip, this can be better because even when the price of Bitcoin is very high you can still be gratually accumulating according to your financial strength, unlike the dip that can keep you on hold for God knows when or even for a very long time. Moreover, just as Different patterns highlighted which I loved so much, buy the dip shouldn't be the main strategy but rather as an additional or a bonus method that we can always take advantage of when it comes and by this I think it's more better for any investor.

[ZeroVinsonN]

while the lump sum requires you buying in a very large quantity, I mean with a big amount, not minding wether we are in the up or down season.

Lump sum doesn't really mean that you must use a big amount of money to buy at once. You can even small amount of money to lump sum. You are right that lump sum means buying right away with the money disregard the price of bitcoin at that moment. It's called lump sum because the money doesn't come often but once in a while.

For instance, if you are given funds as gifts in an occasion or at work to motivate you. You can use that money to lump sum immediately, if you like or share it into two parts and lump sum with one part right away. While, you use the other part to either add to your DCA weekly amount or keep it to buy at the dip that may come or not. It all depends on the individual how he wants to use his lump sum to increase his bitcoin portfolio.

For the best decision, it must be based on a personal decision with a careful plan, what you explained is quite able to present how the steps must be taken between the steps in the purchase of bitcoin, whether it is a Lumpsum or a lump sum purchase, when getting gift money or there is unused money and especially the opportunity when a sharp price drop is happening Lump sum will be very useful to take more bitcoin from the market one of them like now.
 
Everything goes back to each of our preferences in the use of money and the way we think is good to take, because we cannot feel someone's situation and conditions, but this lump sum purchase when the decline is the right choice.

Buying bitcoin with a large amount when the price dips is not lump sum.  It is buying the dip.  There are different dynamics with lump sum as compared with buying the dip, and sure, you can choose to use some of your money for buying the dip, yet there are trade offs when you choose to defer based on hopeful price drops that may or may not end up happening.

Of course, so many guys get excited when they are able to buy more bitcoin than they would have had otherwise been able to buy based on the bitcoin price dropping, yet when they are ongoingly deploying that kind of a strategy, it might not really help them, especially if they are still relatively early in their bitcoin accumulation journey in which they might be better off to focus more on ongoing buying of bitcoin and even figuring out ways to increase their discretionary funds so that they can ongoingly buy bitcoin and not be fucking around so much with waiting for dips and/or thinking about dips that may or may not end up happening.

As long as they are buying because of the DIP then they are just buying the DIP, lump sum like DCA doesn't consider the price of bitcoin when buying but unlike DCA it doesn't spread out over a period of time, a person can get their hands on a good amount of discretionary income and decide whether to split it over a few weeks with the DCA or just invest everything with the lump sum, the price of bitcoin isn't a factor in that decision.

[Sobz]

After they can regularly save a bit of money without sacrificing living costs, then a long-term Bitcoin investment becomes a more viable and responsible option.

First, you don't need to save money to invest in Bitcoin because it makes no sense and encourages delay. You can build your hodling by investing small amounts, the amount you can afford. You may think your discretionary income is not enough to buy Bitcoin, but that is not a problem; you can still buy no matter the amount. The most important thing at this point is for you to form the habit of accumulating Bitcoin with your discretionary income. The DCA strategy of investing is not about saving money to buy Bitcoin, but rather about using the available amount. As you consistently buy Bitcoin, you are building a better hodling, which may not even be possible if you're saving money to buy Bitcoin. In Bitcoin investment, there are two things involved: buying and consistency; consistency will accumulate good hodling.