JJG’s Outline of Bitcoin Investment Ideas

[JayJuanGee]

Dividing discretionary income into 3 parts may not be a logical decision for everyone, because the same formula may not work for every investor. For example, there are two users who have $300 of discretionary income per month. The first of them may already have an emergency fund and a stable income. The other does not have an emergency fund and even his income is uncertain. In this case, the same 1/3, 1/3, 1/3 formula may not be realistic for both of them. Because the first person may be comfortable giving $200 in Bitcoin. But the second may be more concerned with putting a larger portion of his discretionary income into an emergency fund or reserve fund.

Each person needs to make a decision based on their situation and financial situation. A person who already has an emergency fund ready does not need to create a new emergency fund. These decisions should be taken by the first person you imagine according to his situation. A person whose income is unstable and does not have an emergency fund can divide his income into three levels. Each person should take each decision according to his own convenience, another person has done one thing does not mean that it will be right for him to take the same decision.

But yes, the more our fund, the better or more secure our holding will be. For example, we can divide our funds into how many levels, such as emergency fund, reserve fund, other fund, the more our number of funds, the more our security level will increase. But yes, it is not necessary to keep the same amount of money in each fund. We can use the emergency fund as our main, protective, layer and in the emergency fund we can keep an amount equal to 3 months of expenses or we can keep an amount equal to 3 months of income. We can keep some less money in the reserve fund and in other funds we can keep less money than the reserve fund.

I hope you guys know that the 1/3 sharing formula is not fixed?, it’s a suggestive guideline for how investors should spend their discretionary money while investing. That is invest, save and spend.

Yes, I agree that individuals make financial decisions based on their situations and circumstances, a person who has emergency funds built already might focus more on bitcoin, that is not to say he’ll stop adding to his backup funds. As our investment portfolio increases so too the need to protect it. So someone who has 3-6 months of basic expenses or income may still top up his backups from time to time.

I think that priority may change depending on the situation but it’s not good to entirely stop or remove one from the 3 ratios.

It seems to be a bad habit for guys to be describing 3-6 months of back up funds as if that is normal, and it is not. It is also generally a waste of resources to keep that much back up funds unless a person already has a large bitcoin investment amount.

Let's try to be more reasonable in our descriptions in terms of where a guy might start.

Guys might start with 1-2 months of back up funds  and then build their bitcoin at the same time.  And, sure there are exceptions, but we should not be describing the exceptions as if that were the more typical way that guys might build up their bitcoin and their back up funds at the same time.

For example, if a guy comes to bitcoin and has absolutely no bitcoin, yet he has 3 months of back up funds, he probably needs to allocate half of his back up funds to bitcoin, whether he buys right away, DCAs over a few months and/or he buys on dips.  Three months is likely too many back up funds for starting out if guys have absolutely no bitcoin.. so let's stop talking as if guys have 3-6 months of back up funds unless they already have a bunch of bitcoin too, since that 3-6 months of back up funds sounds like way too much cash to be holding, especially for a beginner bitcoiner, unless there are some special circumstances that would justify keeping so much cash, and I have difficulties imagining too many typical circumstances to justify holding that much cash, especially since we are talking about building bitcoin in this thread and balancing that bitcoin building with our cashflow management and other individual particularities...  

[BluebloodCXVI]

As long as you have been able to take care of your essential expenses, if you happen to have some emergency cushion available to you at that point in time, putting in a small portion of genuine surplus into Bitcoin can let you have some exposure without putting yourself under too much financial pressure.

Just because you have some emergency savings doesn't mean it's safe to buy Bitcoin. Because if your emergency savings are very small, you may need to sell Bitcoin if your income or expenses suddenly stop. Then investment risk and financial-security risk come together. However, there is no rule that prohibits taking Bitcoin exposure until your financial security is 100% perfect. So first decide what is right for you according to your ability. Because what is right for Lil may be risky for X.

On the other hand, if the price of Bitcoin drops by 50% and you don't have to sell Bitcoin to anyone for months or years, will he/she be able to handle their essential living expenses and emergencies? This answer will not be the same for everyone.

Similarly, if the answer is yes, then investing a small portion of your surplus in Bitcoin is quite reasonable. But if the answer is no, then it is more important to strengthen your financial cushion first than to buy Bitcoin.

Look bro, as long as the amount you’re putting in into bitcoin is at a level of risk that you can afford to handle given your overall financial situation, it doesn’t matter whether you have large emergency funds or not before you can buy bitcoin; as long as you have atleast some reasonable amount of emergency buffer available to you, you’re good to go.

An allocation that is modest and comes from a genuine surplus can be very reasonable even if you have a relatively small cash buffer.
Whereas in some cases, putting in a large portion of your wealth into bitcoin may be reckless even when you have a substantial amount of emergency funds.

Why do i need to worry myself with trying to choose between building my financial cushion and investing when I could just do both simultaneously and adjust the proportions as my financial situation continues to improve ?

You need to understand that financial responsibility is not about trying to eliminate every risk before you can start investing, you just gotta make sure that any risk you take will not threaten your ability to meet your essential obligations, simple as that.

[The Founding Titan]

I hope you guys know that the 1/3 sharing formula is not fixed?, it’s a suggestive guideline for how investors should spend their discretionary money while investing. That is invest, save and spend.

Yes, I agree that individuals make financial decisions based on their situations and circumstances, a person who has emergency funds built already might focus more on bitcoin, that is not to say he’ll stop adding to his backup funds. As our investment portfolio increases so too the need to protect it. So someone who has 3-6 months of basic expenses or income may still top up his backups from time to time.

I think that priority may change depending on the situation but it’s not good to entirely stop or remove one from the 3 ratios.

Do you know how long it's going to take a person to have 3 months worth of their expenses ready in emergency funds? The mistake most people make is to think that setting up their emergency fund is something that doesn't take too long but the truth is that even if you ignored investing in bitcoin and your discretionary consumption and decide that all of your discretionary income should go to your investment, it will still take time to make that happen.
Let's put it into perspective here, your discretionary income is in average about 20% of your monthly income, what this means is that 80% of your income goes to paying for your bills for a month, what this means is that it will take you 4 months of putting all of your discretionary income into your emergency fund to have 1 month worth of your expenses saved in emergency fund.
By this same math it will take you a year to have saved up to 3 months worth emergency fund, meaning that you will have to double that time frame to have up to 6 months worth emergency fund saved.
Now you will see that having uo to 6 months worth of emergency fund saved up is not sn easy thing to do especially if you are also investing in bitcoin because even if you ignore your discretionary consumption again and split your discretionary income 2 equal ways for your investment and your emergency, you will end up with 2 years just to save up to 3 months worth of emergency fund.

[SuperBitMan]

I hope you guys know that the 1/3 sharing formula is not fixed?, it’s a suggestive guideline for how investors should spend their discretionary money while investing. That is invest, save and spend.

Yes, I agree that individuals make financial decisions based on their situations and circumstances, a person who has emergency funds built already might focus more on bitcoin, that is not to say he’ll stop adding to his backup funds. As our investment portfolio increases so too the need to protect it. So someone who has 3-6 months of basic expenses or income may still top up his backups from time to time.

I think that priority may change depending on the situation but it’s not good to entirely stop or remove one from the 3 ratios.

Do you know how long it's going to take a person to have 3 months worth of their expenses ready in emergency funds? The mistake most people make is to think that setting up their emergency fund is something that doesn't take too long but the truth is that even if you ignored investing in bitcoin and your discretionary consumption and decide that all of your discretionary income should go to your investment, it will still take time to make that happen.
Let's put it into perspective here, your discretionary income is in average about 20% of your monthly income, what this means is that 80% of your income goes to paying for your bills for a month, what this means is that it will take you 4 months of putting all of your discretionary income into your emergency fund to have 1 month worth of your expenses saved in emergency fund.
By this same math it will take you a year to have saved up to 3 months worth emergency fund, meaning that you will have to double that time frame to have up to 6 months worth emergency fund saved.
Now you will see that having uo to 6 months worth of emergency fund saved up is not sn easy thing to do especially if you are also investing in bitcoin because even if you ignore your discretionary consumption again and split your discretionary income 2 equal ways for your investment and your emergency, you will end up with 2 years just to save up to 3 months worth of emergency fund.

So what are you advising him?

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

2. Divide your discretionary income into two part or you use 60% or 70% of your discretionary income to build your investment and the rest for your backup funds or you do it the other way round, any way you feel will be more convenient for you.

It will be better that it take you 10 to 20 years to build a very good investment than rushing to start your investment and then find your self dipping hands into your investment every month to solve issues.
Some people have spent 5 years in bitcoin investment but there investment has no strong foundation and they accumulate and dip hands, this has been there routine for years.

[The Founding Titan]

I hope you guys know that the 1/3 sharing formula is not fixed?, it’s a suggestive guideline for how investors should spend their discretionary money while investing. That is invest, save and spend.

Yes, I agree that individuals make financial decisions based on their situations and circumstances, a person who has emergency funds built already might focus more on bitcoin, that is not to say he’ll stop adding to his backup funds. As our investment portfolio increases so too the need to protect it. So someone who has 3-6 months of basic expenses or income may still top up his backups from time to time.

I think that priority may change depending on the situation but it’s not good to entirely stop or remove one from the 3 ratios.

Do you know how long it's going to take a person to have 3 months worth of their expenses ready in emergency funds? The mistake most people make is to think that setting up their emergency fund is something that doesn't take too long but the truth is that even if you ignored investing in bitcoin and your discretionary consumption and decide that all of your discretionary income should go to your investment, it will still take time to make that happen.
Let's put it into perspective here, your discretionary income is in average about 20% of your monthly income, what this means is that 80% of your income goes to paying for your bills for a month, what this means is that it will take you 4 months of putting all of your discretionary income into your emergency fund to have 1 month worth of your expenses saved in emergency fund.
By this same math it will take you a year to have saved up to 3 months worth emergency fund, meaning that you will have to double that time frame to have up to 6 months worth emergency fund saved.
Now you will see that having uo to 6 months worth of emergency fund saved up is not sn easy thing to do especially if you are also investing in bitcoin because even if you ignore your discretionary consumption again and split your discretionary income 2 equal ways for your investment and your emergency, you will end up with 2 years just to save up to 3 months worth of emergency fund.

So what are you advising him?

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

2. Divide your discretionary income into two part or you use 60% or 70% of your discretionary income to build your investment and the rest for your backup funds or you do it the other way round, any way you feel will be more convenient for you.

It will be better that it take you 10 to 20 years to build a very good investment than rushing to start your investment and then find your self dipping hands into your investment every month to solve issues.
Some people have spent 5 years in bitcoin investment but there investment has no strong foundation and they accumulate and dip hands, this has been there routine for years.

I'm saying that people shouldn't think that being able to save up to 6 months worth of emergency fund is easy, it will take time, rather than shot that high you can go for 3 months and then still make sure to keep your reserve fund in place.
Unless you are saying that 3 months worth of emergency fund isn't enough for an investor and they should save more, that is also the investor's choice but it's not just about talking about saving uo to 6 months but rather about being able to actually pull it off.

[Loyang]

So what are you advising him?

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

2. Divide your discretionary income into two part or you use 60% or 70% of your discretionary income to build your investment and the rest for your backup funds or you do it the other way round, any way you feel will be more convenient for you.

It will be better that it take you 10 to 20 years to build a very good investment than rushing to start your investment and then find your self dipping hands into your investment every month to solve issues.
Some people have spent 5 years in bitcoin investment but there investment has no strong foundation and they accumulate and dip hands, this has been there routine for years.

It is not a good idea to tell someone to wait until they have an emergency fund and other funds before they start investing. Yes, I agree with your comment number 2, but I cannot agree with your comment number 1. If it takes you a year to build an emergency fund, you may miss out on many buying opportunities during this time, you may refuse to invest if you see a decline in the market, you may get out of the investment mindset after seeing some bad news. Waiting to invest to build an emergency fund is a complete waste of time.

Divide your discretionary income into three categories and keep money in all the categories as per your wishes or your financial situation for investments and emergency fund and extra expenses

[Crakryptvest]

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

Even if I support emergency fund having known how important it is, for every Bitcoin investor to have it, considering it's role in covering up emergencies which come as unexpected expenses, I don't agree with you that an investor must have it before starting, having little of it, is fine, not having it at all and building it along side with your Bitcoin portfolio is also good,for me, I think it won't be bad for an investor to gradually invest consistently with as little they can while they build their emergency funds, building emergency funds without investing in Bitcoin almost immediately might not be right, I'm not saying that, it is bad for investors to put every measure in place to  safeguard their Bitcoin investment, rather I think there are better ways to go about it, instead of creating emergency funds when the reason for the funds has not started yet, my advice is for both to be done simultaneously, my opinion though.

[Joeboy]

If guys are beginner investors into bitcoin, they should be investing an amount that they can afford to lose, and so therefore, they likely would not be focusing on price for at least a whole cycle, so if they already have a budget to buy bitcoin every week based on their discretionary funds, they should not be concerned about price and they are continuing to buy, so if the BTC price ends up going down 50% then they are getting 2x the amount of bitcoin that they had been getting previously each week for the same amount of dollars.

I really can't wrap my head around  why anyone even panic when there is a massive drop in price...In many cases, this could very well be as a result of lack of proper conviction or knowledge about Bitcoin..Drop in price could present itself as an added advantage of accumulating more Bitcoin at cheaper prices in the long term(in addition to your DCAing).. Then again, I am not advocating that folks base their buys in the dips coz doing so has no wisdom in it, since there isn't an actual guarantee that dip one is expecting will even come... There's is so much disadvantages to timing prices before buying can, and one of the disadvantage is that it can make the person a No-coiner for a very long period of time...

[Homemade-IQ]

If guys are beginner investors into bitcoin, they should be investing an amount that they can afford to lose, and so therefore, they likely would not be focusing on price for at least a whole cycle, so if they already have a budget to buy bitcoin every week based on their discretionary funds, they should not be concerned about price and they are continuing to buy, so if the BTC price ends up going down 50% then they are getting 2x the amount of bitcoin that they had been getting previously each week for the same amount of dollars.

I really can't wrap my head around  why anyone even panic when there is a massive drop in price...In many cases, this could very well be as a result of lack of proper conviction or knowledge about Bitcoin..

Panicking is a normal thing when their is so much at stake, so you don't have to be surprised why people sell in panic. You said that lack of conviction are the cause of panicking in most cases, but I do not agree with that because it is false.

The main cause of panicking is as a result of investing more than what you can afford to lose, and even as a old Bitcoin investor, if you invest what you cannot afford to lose, you are going to panic or selling probably because you are afraid of the damage you may go through if your investment did not go as expected.

[PERtua]

If guys are beginner investors into bitcoin, they should be investing an amount that they can afford to lose, and so therefore, they likely would not be focusing on price for at least a whole cycle, so if they already have a budget to buy bitcoin every week based on their discretionary funds, they should not be concerned about price and they are continuing to buy, so if the BTC price ends up going down 50% then they are getting 2x the amount of bitcoin that they had been getting previously each week for the same amount of dollars.

I really can't wrap my head around  why anyone even panic when there is a massive drop in price...In many cases, this could very well be as a result of lack of proper conviction or knowledge about Bitcoin..

Panicking is a normal thing when their is so much at stake, so you don't have to be surprised why people sell in panic. You said that lack of conviction are the cause of panicking in most cases, but I do not agree with that because it is false.

The main cause of panicking is as a result of investing more than what you can afford to lose, and even as a old Bitcoin investor, if you invest what you cannot afford to lose, you are going to panic or selling probably because you are afraid of the damage you may go through if your investment did not go as expected.

One of the reasons why people panic during the Bitcoin crash is because of the fact that they invest more money than they can afford to lose. Even seasoned investors can have trouble dealing with emotions when the money's not in the bank. But I believe conviction and risk management are related, I believe. A 50% decline in the price of Bitcoin can still make someone who understands Bitcoin sell, if they have invested a large portion of their available funds into the cryptocurrency. When the investment volume is reasonable, it can help people maintain a calm state, carry on the process of buying and selling according to the principle of DCA, and see the fluctuations as a normal process of the game, and not panic.

[Silikiem]

So what are you advising him?

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

2. Divide your discretionary income into two part or you use 60% or 70% of your discretionary income to build your investment and the rest for your backup funds or you do it the other way round, any way you feel will be more convenient for you.

It will be better that it take you 10 to 20 years to build a very good investment than rushing to start your investment and then find your self dipping hands into your investment every month to solve issues.
Some people have spent 5 years in bitcoin investment but there investment has no strong foundation and they accumulate and dip hands, this has been there routine for years.

Part of the reason why it’s advisable for people to start investing in bitcoin even though they might not have a strong emergency funds yet is to avoid procrastination because at the end of the day the person will probably end up not even investing at all. Don’t you also know that there are cases of people who after waiting for 10, 20 years trying to build a perfect emergency funds and the moment they  feel they’ve got it all suddenly a serious emergency occurs and they used up the funds which they’ve spent  years to build for emergency savings and they have to start the process again and this scenario keeps repeating year after year and at the end of the day they simply can’t start bitcoin investment, as a matter of fact they have to abandon it totally.

What will be their gain for spending over 20 years just to build emergency funds alone without having to buy even as small as $100 worth of bitcoin. I’ve seen people beating themselves up here regretting why they didn’t invest in bitcoin earlier, now they have an opportunity to start buying bitcoin and someone is advising them to spend another 20 years without buying any bitcoin and hold simply because they want to build a strong emergency funds, are you investing in bitcoin or you’re investing in emergency funds. If we judge from past bitcoin performances do they know what the worth of $50-$100 bitcoin will be in the next 20 years??.

Now let’s also look at it in this angle, imagine someone is 50 years old already, and he spends 20-30 years extra building an emergency funds which by then he would be 80years, how many more years do you think such person have to live on Earth to start his bitcoin accumulation journey and reach his accumulation target and then continue holding for his long term goal. I think that this issue of waiting to build a good and strong emergency funds before getting started with bitcoin investment is just like when someone said he or she is waiting to gain all the knowledge and understanding of bitcoin investment before they can start investing in bitcoin because at the end of the day both bitcoin knowledge and emergency funds isn’t always perfect, you can never acquire all the bitcoin knowledge because it’s continuous, and you can never have the perfect emergency funds because emergency can occur anytime and the fact that you just finished sorting out one emergency now doesn’t mean that another emergency won’t occur the next minute or day. Having emergency funds is good but not having it isn’t a barrier not to startup if they have a discretionary income available, I think it’s better to start small in buying bitcoin if their discretionary income is ready and not to delay getting started because they don’t have strong emergency funds.

[Learn gambling]

If guys are beginner investors into bitcoin, they should be investing an amount that they can afford to lose, and so therefore, they likely would not be focusing on price for at least a whole cycle, so if they already have a budget to buy bitcoin every week based on their discretionary funds, they should not be concerned about price and they are continuing to buy, so if the BTC price ends up going down 50% then they are getting 2x the amount of bitcoin that they had been getting previously each week for the same amount of dollars.

I really can't wrap my head around  why anyone even panic when there is a massive drop in price...In many cases, this could very well be as a result of lack of proper conviction or knowledge about Bitcoin..

Panicking is a normal thing when their is so much at stake, so you don't have to be surprised why people sell in panic. You said that lack of conviction are the cause of panicking in most cases, but I do not agree with that because it is false.

The main cause of panicking is as a result of investing more than what you can afford to lose, and even as a old Bitcoin investor, if you invest what you cannot afford to lose, you are going to panic or selling probably because you are afraid of the damage you may go through if your investment did not go as expected.

One of the reasons why people panic during the Bitcoin crash is because of the fact that they invest more money than they can afford to lose. Even seasoned investors can have trouble dealing with emotions when the money's not in the bank. But I believe conviction and risk management are related, I believe. A 50% decline in the price of Bitcoin can still make someone who understands Bitcoin sell, if they have invested a large portion of their available funds into the cryptocurrency. When the investment volume is reasonable, it can help people maintain a calm state, carry on the process of buying and selling according to the principle of DCA, and see the fluctuations as a normal process of the game, and not panic.

I believe that either side is correct. Without confidence, there can be panic; but without good risk management, there can be even greater panic. Anyone with any knowledge of Bitcoin can get panicked if they've put their money into something that they might desperately need. A 50% loss is more bearable and may even be a chance to gain more BTC as a result of DCA if the position size is appropriate. The journey of bitcoin volatility is part and parcel of it, however, the vital thing is to invest just as much as you can put aside for the long haul. Conviction is best reinforced by a proper financial discipline.

[Stive009]

I hope you guys know that the 1/3 sharing formula is not fixed?, it’s a suggestive guideline for how investors should spend their discretionary money while investing. That is invest, save and spend.

Yes, I agree that individuals make financial decisions based on their situations and circumstances, a person who has emergency funds built already might focus more on bitcoin, that is not to say he’ll stop adding to his backup funds. As our investment portfolio increases so too the need to protect it. So someone who has 3-6 months of basic expenses or income may still top up his backups from time to time.

I think that priority may change depending on the situation but it’s not good to entirely stop or remove one from the 3 ratios.

Do you know how long it's going to take a person to have 3 months worth of their expenses ready in emergency funds? The mistake most people make is to think that setting up their emergency fund is something that doesn't take too long but the truth is that even if you ignored investing in bitcoin and your discretionary consumption and decide that all of your discretionary income should go to your investment, it will still take time to make that happen.
Let's put it into perspective here, your discretionary income is in average about 20% of your monthly income, what this means is that 80% of your income goes to paying for your bills for a month, what this means is that it will take you 4 months of putting all of your discretionary income into your emergency fund to have 1 month worth of your expenses saved in emergency fund.
By this same math it will take you a year to have saved up to 3 months worth emergency fund, meaning that you will have to double that time frame to have up to 6 months worth emergency fund saved.
Now you will see that having uo to 6 months worth of emergency fund saved up is not sn easy thing to do especially if you are also investing in bitcoin because even if you ignore your discretionary consumption again and split your discretionary income 2 equal ways for your investment and your emergency, you will end up with 2 years just to save up to 3 months worth of emergency fund.

So what are you advising him?

You are sounding as if  taking long to build a good foundation for your investment is wrong, if it will take you 1 year to build a very good foundation for your investment it is very good and it worth it.

You have two options to build a very strong and good foundation for your investment.
1. Build a very strong and good backup funds, which is emergency, reserve and float funds before starting your bitcoin investment or.

2. Divide your discretionary income into two part or you use 60% or 70% of your discretionary income to build your investment and the rest for your backup funds or you do it the other way round, any way you feel will be more convenient for you.

It will be better that it take you 10 to 20 years to build a very good investment than rushing to start your investment and then find your self dipping hands into your investment every month to solve issues.
Some people have spent 5 years in bitcoin investment but there investment has no strong foundation and they accumulate and dip hands, this has been there routine for years.

I think the key here is to build an emergency fund. And starting to invest in Bitcoin should not be seen as the opposite of each other. If you have discretionary income you can divide your extra money according to your financial situation and create both Bitcoin and backup funds or emergency funds.

A good approach for me is to divide your discretionary income into several parts according to your financial situation. One part can be kept for Bitcoin investment one part for emergency or backup funds and another part for extra expenses or necessary flexibility.

In my opinion the most important thing is to create a balance between Bitcoin investment emergency fund and other expenses within your financial capacity. No one's income or expenses will always be the same so it may be possible to buy more Bitcoin in one month, and it may be necessary to put more towards a backup fund or extra expenses in another month.

[Grease5000]

If guys are beginner investors into bitcoin, they should be investing an amount that they can afford to lose, and so therefore, they likely would not be focusing on price for at least a whole cycle, so if they already have a budget to buy bitcoin every week based on their discretionary funds, they should not be concerned about price and they are continuing to buy, so if the BTC price ends up going down 50% then they are getting 2x the amount of bitcoin that they had been getting previously each week for the same amount of dollars.

That is one of the benefits of using the DCA strategy. A beginner who has  discretionary income, using the DCA strategy can buy bitcoin whenever they want base on the their accumulation plan be it weekly or monthly without having to worry about bitcoin price movement and this totally takes away the pressure of having to time or try to predict  the  market.

Also I would like to correct  that part in your writing that says “money you can afford to lose” because it can give beginners the wrong mindset. As a long term investor it is better to use discretionary income which is the money left after taking care of necessary expenses.