JJG’s Outline of Bitcoin Investment Ideas

[Tongley]

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.

Why wait for the unknown future, which is not certain whether it will happen in the future or not. As long as you have a decent, discretionary income, then it will not be a good decision even if you keep money aside to buy DIP along with DCA. If you keep the amount of money you keep aside to buy DIP and continue to invest it continuously along with DCA, then you will definitely get a good average purchase price. Instead of waiting or saving separately along with DCA, it is better to keep buying continuously.

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

[Barikui1]

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Taking a loan to invest in Bitcoin as a beginner is not really encouraged because at that particular point in time, you are not too experienced in your Bitcoin investment, so you can easily run into trouble with your investment, even though you have other means of income to pay it back.
Instead you should focus more on figuring out your discretionary income, so that you can invest with it, because taking a loan to invest in Bitcoin is a risky move only veteran investor should take, as long as they have other means of repaying back the loan, and the outcome of their investment have nothing to do with their ability to pay back the loan.

[Charcol]

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.

Why wait for the unknown future, which is not certain whether it will happen in the future or not. As long as you have a decent, discretionary income, then it will not be a good decision even if you keep money aside to buy DIP along with DCA. If you keep the amount of money you keep aside to buy DIP and continue to invest it continuously along with DCA, then you will definitely get a good average purchase price. Instead of waiting or saving separately along with DCA, it is better to keep buying continuously.

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Reserve funds can be set aside for DIP, but if someone weakens their regular DCA just waiting for DIP, it will not be good. DIP can be part of the main plan but it is a wrong idea to make it a plan.

Before investing in a loan, an investor needs to consider a few things. Because thinking that they can repay the loan and actually managing the loan pressure for a few years are not the same thing. Some people may get tempted by the price drop and think that they can repay the loan later. Therefore, an investor should consider price volatility, income interruption, emergency expenses, interest cost before taking a loan. Although Bitcoin is a strong asset in the long term, it does not know what it will do in the short term. If there is a problem with the job or emergency expenses of the family come after taking the loan, then the loan installment and the investment pressure together can create a big risk.
So I think since loan money is not discretionary income, it is better for an investor at the savings stage to keep his emergency fund and reserve fund separate and continue saving regularly with only discretionary income.

[Taskford]

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Taking a loan to invest in Bitcoin as a beginner is not really encouraged because at that particular point in time, you are not too experienced in your Bitcoin investment, so you can easily run into trouble with your investment, even though you have other means of income to pay it back.
Instead you should focus more on figuring out your discretionary income, so that you can invest with it, because taking a loan to invest in Bitcoin is a risky move only veteran investor should take, as long as they have other means of repaying back the loan, and the outcome of their investment have nothing to do with their ability to pay back the loan.

Better for newbies to avoid taking loan to invest on Bitcoin. Because for not having any experience, it will be much easier for them to get trapped on their debts once they made terrible mistake on their investment.

The best action to do at early part of their investment participation is to check if they have discretionary funds to use, then start from that even if the amount is small.

It only make sense for them to take those options to loan if they already have great experience on how to deal their Bitcoin investment, then have plans towards their investment including on when and how they could able to pay their debts. Also they should not rely on the possible good result of their investment before they pay their loan, because they are in huge risk if those people do that.

[Rockson1]

Why wait for the unknown future, which is not certain whether it will happen in the future or not. As long as you have a decent, discretionary income, then it will not be a good decision even if you keep money aside to buy DIP along with DCA. If you keep the amount of money you keep aside to buy DIP and continue to invest it continuously along with DCA, then you will definitely get a good average purchase price. Instead of waiting or saving separately along with DCA, it is better to keep buying continuously.

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

The bolded text is where I want to talk about, we may have discussed this earlier but I will give my few cents to this discussion again, first thing first a newbie should not think of getting a loan to invest in Bitcoin, I think newbies should start with their discreationary income despite how small it is, they have no business with loan because they are still new and may not have a good understanding at that moment, there are things newbies should not do, loan is not adviceable for them, investing with there discreationary income is better, if it for those that have gotten some level of knowledge, they can go ahead as long as they have put plan in place to repay as at when due without hoping on their Bitcoin portfolio that is meant to be hodl for a long-term to serve as a repayment plan for the loan that is being accessed.

[Hardyrobust]

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.

Why wait for the unknown future, which is not certain whether it will happen in the future or not. As long as you have a decent, discretionary income, then it will not be a good decision even if you keep money aside to buy DIP along with DCA. If you keep the amount of money you keep aside to buy DIP and continue to invest it continuously along with DCA, then you will definitely get a good average purchase price. Instead of waiting or saving separately along with DCA, it is better to keep buying continuously.

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Reserve funds can be set aside for DIP, but if someone weakens their regular DCA just waiting for DIP, it will not be good. DIP can be part of the main plan but it is a wrong idea to make it a plan.

Before investing in a loan, an investor needs to consider a few things. Because thinking that they can repay the loan and actually managing the loan pressure for a few years are not the same thing. Some people may get tempted by the price drop and think that they can repay the loan later. Therefore, an investor should consider price volatility, income interruption, emergency expenses, interest cost before taking a loan. Although Bitcoin is a strong asset in the long term, it does not know what it will do in the short term. If there is a problem with the job or emergency expenses of the family come after taking the loan, then the loan installment and the investment pressure together can create a big risk.
So I think since loan money is not discretionary income, it is better for an investor at the savings stage to keep his emergency fund and reserve fund separate and continue saving regularly with only discretionary income.

As long as an investor is not waiting for bitcoin to dip before they start buying, then there is nothing wrong if an investor buys the dip. So if an investor that is doing DCA decide to set aside some percentage of there discretionary funds for buying the dip whenever it may occur, I don't think if there is anything wrong with this , provided that they are ongoing with there bitcoin accumulation using the DCA strategy. As long as planning for the dip won't push an investor into waiting for it to occur before buying them there is nothing wrong with it. It is only those that are waiting for bitcoin to dip before they buy are the people that are making the wrong decision.

[Furious 7]

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.

I know everyone's needs and income levels are different but when people already have discourse or thoughts about investing they should already realize that they have enough financial conditions to be able to buy bitcoin even though it is on a small scale because what I feel when I have thought about investing then I have money to spend and it is impossible for people to talk about investing but their life needs have not been met.

I believe the level of people's thinking depends on the financial condition they have and when someone already has investment thoughts it means they already have money that can be spent because for me it is quite strange when they talk about investment every day but they don't have money.
Even if the person is still categorized as poor with a minimum salary when they are already talking about investing in bitcoin they can definitely buy even though it is small because the benchmark for bitcoin investment is buying.

[Saltysugar99]

Why wait for the unknown future, which is not certain whether it will happen in the future or not. As long as you have a decent, discretionary income, then it will not be a good decision even if you keep money aside to buy DIP along with DCA. If you keep the amount of money you keep aside to buy DIP and continue to invest it continuously along with DCA, then you will definitely get a good average purchase price. Instead of waiting or saving separately along with DCA, it is better to keep buying continuously.

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Buying Bitcoin with loan means you are buying Bitcoin today by depending future income. This is a type of leverage. The problem here is not only whether the loan can be repaid, but the problem is that the loan repayment is fixed, but the Bitcoin price is not fixed. weekly monthly installment will follow your schedule, but the Bitcoin market will not follow your repayment schedule. What will happen if the price goes down by 30% 50%? You may be able to pay the installment, but psychological pressure will be created on you. Because then you are not thinking calmly like an investor. You are looking at the short-term price like a debt holder. Even though Bitcoin is a long-term asset, the loan puts you under short-term pressure.

Today, the income is steady, but it is not possible to say for sure whether there will be income delay, job loss, family emergency, medical cost or other expense in the next 6 months or 1 year. Buying Bitcoin with a loan is more risky for beginners. Because new investors still cannot fully understand Bitcoin volatility, cashflow management, panic control. And if the repayment ability is so strong, then what is the hell need to buy Bitcoin only with a loan? It is better to do DCA according to cashflow. There is no problem if you cannot buy Bitcoin. Even if you stop DCA in Bitcoin for a few weeks, there will be no harm. But investing in Bitcoin with a loan is much more risky, which I never support.

[Crytohillss]

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.

I know everyone's needs and income levels are different but when people already have discourse or thoughts about investing they should already realize that they have enough financial conditions to be able to buy bitcoin even though it is on a small scale because what I feel when I have thought about investing then I have money to spend and it is impossible for people to talk about investing but their life needs have not been met.

I believe the level of people's thinking depends on the financial condition they have and when someone already has investment thoughts it means they already have money that can be spent because for me it is quite strange when they talk about investment every day but they don't have money.
Even if the person is still categorized as poor with a minimum salary when they are already talking about investing in bitcoin they can definitely buy even though it is small because the benchmark for bitcoin investment is buying.

If one are just beginning out , borrowing money to invest adds unnecessary pressure it's better to learn with money one can afford to set aside. Once some people has experience and a strong repayment plan that doesn't depend on selling their Bitcoin , then it's a different conversation so many beginners underestimate how stressful it is to own money while the market is moving up and down, starting little with your own disposable income gives One the room to learn without taking on extra risk.

[Furious 7]

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.

I know everyone's needs and income levels are different but when people already have discourse or thoughts about investing they should already realize that they have enough financial conditions to be able to buy bitcoin even though it is on a small scale because what I feel when I have thought about investing then I have money to spend and it is impossible for people to talk about investing but their life needs have not been met.

I believe the level of people's thinking depends on the financial condition they have and when someone already has investment thoughts it means they already have money that can be spent because for me it is quite strange when they talk about investment every day but they don't have money.
Even if the person is still categorized as poor with a minimum salary when they are already talking about investing in bitcoin they can definitely buy even though it is small because the benchmark for bitcoin investment is buying.

If one are just beginning out , borrowing money to invest adds unnecessary pressure it's better to learn with money one can afford to set aside. Once some people has experience and a strong repayment plan that doesn't depend on selling their Bitcoin , then it's a different conversation so many beginners underestimate how stressful it is to own money while the market is moving up and down, starting little with your own disposable income gives One the room to learn without taking on extra risk.

Are you misquoting here because I didn't mention borrowing to invest in the first place.

But I will add a few things here, I don't care about the steps other people take towards what they do in their investments but if it happens to me personally I will not take a loan when I want to invest because according to what I wrote earlier when someone has money to spend then they can buy bitcoin of course this means our money that has been prepared not the result of a loan because the loan money in that condition does not belong to us as a whole.

Although I previously started from the wrong conditions when I was in bitcoin (before I did DCA) but since starting to be in bitcoin to this day I have never made a loan just to invest because I know it is beyond my capacity and I might not be able to cover it.

[samadam007]

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.

Some folks have valid reasons why they wait, like building emergence funds
The main thing is having a good sustainable investment plan instead of making decisions that is base on fear or expectations about where the price might go next. No one can predict future movements, so it better to focus on a strategy you can maintain over the long term with discretionary funds. Bitcoin uccessful accumulation is not about trying to outsmart the market. It’s about consistency and all round discipline

[JayJuanGee]

[edited out]

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.

You are still saying it a bit weird.  Of course if we invest close to or over the maximum of our discretionary funds that they would be aggressive and maybe even over aggressive investing.

At the same time, aggressiveness is a relative term, so a guy who has $100 per week in discretionary income is investing more aggressive if he invests $20 per week as compared to if he were to invest $10 per week.

So level of aggressiveness is a relative term, yet if a guy is overaggressive that would likely signify that he overdid it in one way or another, whether he miscalculated or not.. or maybe he was consistently investing into bitcoin with a high percentage of his discretionary funds without realizing that he was failing to account for some expense that ended up happening and/or some loss of income that ended up happening.

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.

It seems confusing to use the term savings in this context since savings is reserve funds, and so there are two kinds of back up funds which are emergency funds and reserve funds.  You seem to be putting back up funds in the same category as basic expenses, and they are not.  Basic expenses are those that have to be taken care of that month and they cannot be deferred.  After you account for basic expenses, then you have discretionary funds and from the discretionary fund you can decide how much prioritiy you are going to give to back up funds, investing and/or discretionary consumption. 

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.

Once a person has discretionary funds then they can choose their level of aggressiveness.

Sure, many times we talk about folks who have stronger back up funds and/or cashflow management who have more capabilities to increase their level of aggressiveness based on the ability of their back up funds to be available to help them out if they had accidentally gotten too aggressive in any particular short period of time.

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.

There is no real common practice of increasing aggressiveness based on perception of dips, so it seems strange so many guys try to proclaim that there is some need to increase aggressiveness levels based on perception of dips.  Of course, within any cashflow management practice guys can have some strong systems in place for ongoingly buying bitcoin, so there might be times when the amount of bitcoin bought might be increased or decreased based on perceptions of strength of cashflow and sure guys feel good to be buying on dips, especially after the price goes up, yet if guys are actually investing 4-10 years or longer, there likely are not great differences between guys who focus on regularly buying bitcoin in a DCA kind of a practice as compared with guys who are trying to strategize their levels of buying aggressiveness around their perception of dips.

[Frankolala]

I believe the level of people's thinking depends on the financial condition they have and when someone already has investment thoughts it means they already have money that can be spent because for me it is quite strange when they talk about investment every day but they don't have money.
Even if the person is still categorized as poor with a minimum salary when they are already talking about investing in bitcoin they can definitely buy even though it is small because the benchmark for bitcoin investment is buying.

What you need to invest in bitcoin is your discretionary income. Before starting your bitcoin investment, you need to figure out if you have a discretionary income or not and how much of your discretionary income you will be putting into bitcoin that wouldn't put pressure on you so that, you can consistently buy bitcoin with it every week.

If you don't have a discretionary income, there's no point buying bitcoin because if you buy, you will definitely sell it when you needs arises and possibly at loss if the price of bitcoin is below your entry point. Anyone without a discretionary income and has the zeal to invest into bitcoin will go look for a second means of income either by learning a skill or getting a second job.

So that, the income from your second job can act as your discretionary income and you can use part of it to start your DCA weekly regularly consistent and persistent overtime till you reach your bitcoin goal.

[BluebloodCXVI]

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?

Look bro DCA is not limited to only making monthly purchase alone. A person can do DCA anytime that suits them as long as they are being consistent with their ongoing accumulation.
Also this your idea that an investor should start investing only at the lower prices is contradicting the purpose of DCA and how it works. If you have to be waiting for low prices to come before you make bitcoin purchases and accumulate then that person is no longer doing DCA, that is waiting for the dip. And it has been emphasized on this forum multiple times that is never a good idea to wait for a dip before ongoingly accumulating bitcoin as you would be wasting precious time and missing out on maximizing your returns.

[Agbam]

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.

Guys have to understand that there is a difference between lump sum investing and buying with a large sum at the dip. A lot of investors get this mixed up too often.

If an investor has a discretionary of $100 and he buys bitcoin immediately with the entire $100, that’s a lump sum buy. But if he saves it to buy when price drops he is no longer lump sum investing but buying at the dip.
I also think that having this kind of practice often affects one’s accumulation journey.

[nara1892]

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.

Some folks have valid reasons why they wait, like building emergence funds
The main thing is having a good sustainable investment plan instead of making decisions that is base on fear or expectations about where the price might go next. No one can predict future movements, so it better to focus on a strategy you can maintain over the long term with discretionary funds. Bitcoin uccessful accumulation is not about trying to outsmart the market. It’s about consistency and all round discipline

As far as I understand, consistency, especially in Bitcoin, is what drives or increases the chances of success. This means having a stable income is also necessary to maintain your allocation consistently over the long term. This isn't mandatory, but it's much better if you have a stable income.
On the other hand, no one knows where the market will move. Fear will always be present, as this is a risky activity, but for me, Bitcoin's growth from its inception to now is enough to reassure me.

[Tetu100]

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.

I'm still trying to get what you are saying but from the little I can pick from it is that you are trying to make it clear that the right funds to invest with is the discretionary funds, therefore any attempt trying  to invest from a saved funds which is not the discretionary funds isn't alway the best because seen it's not actually a discretionary funds, you are in a higher chance of selling prematurely when serious challenge come. However, it's important we shouldn't get things twisted here, saved funds is totally different from our discretionary funds. Discretionary funds is funds remaining after every expense has already be settled, while saved funds is the money we are able to accumulate overtime. So it better we able to differciate this when starting and do what is right as to avoid issues in your investment journey.

[Father111]

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Taking a loan to invest in Bitcoin as a beginner is not really encouraged because at that particular point in time, you are not too experienced in your Bitcoin investment, so you can easily run into trouble with your investment, even though you have other means of income to pay it back.
Instead you should focus more on figuring out your discretionary income, so that you can invest with it, because taking a loan to invest in Bitcoin is a risky move only veteran investor should take, as long as they have other means of repaying back the loan, and the outcome of their investment have nothing to do with their ability to pay back the loan.

Taking loan to invest as an investor is a bad idea and not for beginner alone, due to, it has mentioned clear around the threads in the forum that taking of loan to invest can make you feel uncomfortable with your investments and even when you have the long term goal with your investments, you can end make use of short term and when i visualize the whole thing, I see the point and reason of not encouraging for any loan to invest in bitcoin.

[SuperBitMan]

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.

You are absolutely correct, buy the dip should not be a strategy of bitcoin accumulation we should be using for bitcoin investment just like you said we can only use it or see it as an additional or a bonus method that we can take advantage of to accumulate more bitcoin with less price but it should not be a strategy we are based on, reason being that it will delay your accumulation or investment journey, waiting for the dip is like waiting for something that you don’t know when it’s actually going to come, waiting for bitcoin dip before you can start accumulating is a big waste of time that should not be allowed in the life of an investor.
Using the DCA strategy is the best, you can decide to keep your reserve funds and then use it when there’s a dip to accumulate aggressively with less price.

[sotelorene]

But yes, if a person has the ability to repay the loan and if he can repay the loan on time, such as in installments, weekly or monthly, then if he can take a loan, then he can take a loan and invest during the recession. But first of all, he has to decide whether he can repay the loan or not.

Taking a loan to invest in Bitcoin as a beginner is not really encouraged because at that particular point in time, you are not too experienced in your Bitcoin investment, so you can easily run into trouble with your investment, even though you have other means of income to pay it back.
Instead you should focus more on figuring out your discretionary income, so that you can invest with it, because taking a loan to invest in Bitcoin is a risky move only veteran investor should take, as long as they have other means of repaying back the loan, and the outcome of their investment have nothing to do with their ability to pay back the loan.

Taking loan to invest as an investor is a bad idea and not for beginner alone, due to, it has mentioned clear around the threads in the forum that taking of loan to invest can make you feel uncomfortable with your investments and even when you have the long term goal with your investments, you can end make use of short term and when i visualize the whole thing, I see the point and reason of not encouraging for any loan to invest in bitcoin.

I disagree with you on this taking loan to invest or purchase Bitcoin is not a bad idea per say and I think the reason for this has been stated several times and I will still like to inform you again that it is not totally or completely a bad idea to use loan money to purchase Bitcoin. If someone has a good source of income or good sources of income and maybe due to one or two reasons he is out of funds when the Dip comes, taking loan to front load won't be a bad idea because he has more than what can clear up that loan but in other hand if you don't... It will be best you don't take that risk because you will sell premature or panic.