JJG’s Outline of Bitcoin Investment Ideas

[Rhow]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

You may not have read JayJuanGee's discussion carefully. JayJuanGee actually asked the question, does risk mean price fluctuations or something else?

But you went straight to the discussion of when you make a profit if you buy.

JayJuanGee's discussion said that a person who buys regularly is happy when the price falls. But why is he happy?

Because he gets the opportunity to buy more Satoshi with the same money. There is no decision here, no strategy. He is already buying, he is already getting the additional benefit from the price falling. But you made it a strategy. Although you later said that there is no correct forecast where I would agree with you.

[B-BossMan]

Bitcoin can fall heavily, so the person should understand that and be ready to hold through those periods.

Hold or keep buying.

I would think that beginners to bitcoin would still be in their early accumujlation phase, sothey should already have put systems into place in whihc they are ongoingly buying, whether weekly or otherwise.

I am not a BIG fan of buying on the dip, since it can be difficult to know what is a dip and then when it will stop dipping, yet surely the more bitcoin that a person has accumulated, then it could be the case that such guy who had been ongoingly buying bitcoin converts from ongoing and persistent buying of bitcoin and then starts to modify the way that he buys so that he is buying bitcoin on the dips rather than ongoingly buying bitcoin all the time, such as weekly.

I agree with you on this. Because some newbies always intended to start the journey and become expert quickly before owning thier bitcoin, your goals shouldn't be that way at the early stage, because believe you me, having that mindset can also become another way of execuses on delaying and be waiting forever, what matters the most is, know the risk in it and then begins yoyr investment with the amount you can afford to lose(discretionary income ). The most important thing again for newbie should know is, knowing what they are investing on and know the exact money that's meant for Bitcoin investment, not a borrowed or bills money. Then when it comes to whether holding thier bitcoin in an exchange or in thier personal wallet, they don't need to be wasting time learning all those things, but once they begins the process they cam learn everything along the line and be increasing thier experiences the more they sees practicals processes. The points is don't be in rush on investing, invest with the small discretionary income that's readily available than wasting time on unnecessary things.

[Alonso_]

I don't think saving money to invest in Bitcoin is good because the DCA strategy of investing in Bitcoin doesn't require this. The DCA strategy enables one to buy Bitcoin immediately when one has the opportunity to do so.

What you’re talking about is a waiting strategy, I think people who wait to gather money before they can buy bitcoin are people who are probably waiting for the dip, and they would also be watching the market as to when they will be comfortable to buy bitcoin, because I don’t really understand the reason why someone who have a true intention to buy bitcoin would be saving and keeping money, when they can buy bitcoin through the DCA with whatever amount of discretionary income they have available, consistency is very important and crucial when it comes to buying bitcoin, by waiting and saving money, that is how they will be missing out on tremendous opportunities to accumulate bitcoin assets in their portfolio.

Only in the case of buying through the DCA method, continuity is required, in the case of all other investment methods, continuity is not required. For example, the DIP method is to make a focused call or purchase on additional purchases or aggressive purchases when the market falls, continuity is not required in the lump sum investment method, but in the lump sum, a person buys a large amount of money at once. But in the case of using the DCA method, the continuity of a person is a tool for building his portfolio. If a person cannot continue to buy continuously in the DCA method, then he will definitely not be able to reach the goal of building a portfolio.

Do you know that majority of people buying bitcoin are buying through the DCA strategy because everyone knows that is the best sustainable strategy for a long term investment, most of the people buying through the dip are majorly traders who are interested in quick profit, they’re interested in a get rich quick schemes, but bitcoin is never a get rich quick scheme, which is why you have to choose a strategy that would be best for you for a long term investment, let me assume that people who are buying through the lump sum are using large amounts of money to buy through the lump sum which means that you’re buying bitcoin in bulk, not everyone have the opportunity to buy bitcoin in bulk because of financial constraints, however if you have money and you want to buy bitcoin in bulk there is no problem with that, you can as well front load your bitcoin investment portfolio to have more bitcoin through that process, now as a pleb who doesn’t have so much bitcoin I can’t be merely waiting for an opportunity I don’t know when it’s going to come, I’m talking about buying the dip, waiting for a dip before you can buy bitcoin is a very terrible strategy, when you can buy with DCA considering with the amount that you can afford, people have different cashflow in life, which is why you have to do something that would work for you, so personally buying through the DCA is something that have work for me and I feel comfortable with DCA which is why I lay more emphasis on buying through the DCA, it would surprise you to know that most rich people who have large amounts of discretionary income are still buying through the DCA because they also want something sustainable, there are companies who are buying bitcoin now like Strategy is doing, they also specialize on buying bitcoin through the DCA.

[Crakryptvest]

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

Since we already know that the price of Bitcoin is unpredictable, is it still adviceable to wait for dip? With these facts being acknowledged, buying continually using the DCA  method becomes the best option, maybe you don't get this, with the DCA method,  acumulation of Bitcoin doesn't have to stop or wait for a particular season since it is an aproach that's not limited to a specific market season, what I mean is, the DCA method help true investors to over look all the distractions that are there in the market, with it, no buying opportunity is left out, the dip inclusive, you can now see why it isn't necessary to wait for market drops.

[JayJuanGee]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

Even for newbies, there seems to be no reason to wait for a dip, cheer for a dip or even welcome a dip, but instead do not let the dip bother you since when there is a dip, and if you are ongoingly buying bitcoin, then during such dips, if they arrive, you are getting more bitcoin for the same amount of dollars.

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

On the contrary, I don't think this is done mostly by newbies because I believe newbies would be too scared to stick to the process in times of dip as most of them would rather panic sell than trying ti buy more.

No need to want to start predicting when the price would go down that's why the DCA technique have always been preferably advised to be used as this technique allows you to continually buy the coin without having to pay attention to market conditions and i agree with JJ that the more one continually buys especially during the dip, the more they begin appreciating the importance of the dip as you would be able to buy more bitcoin fir same amount of fiat.

I see no reason why beginner bitcoin accumulators need to change any of their behaviors or their getting excited about dips, but instead, beginner bitcoin likely need to put systems into place in which they are buying every week (or whatever is their period) based on their managing the availability of cash that they have for the buying of bitcoin, and sure the amount of their buys might vary from week to week, yet it seems most likely that the amount of their buys relates more to their cashflow situation rather than having concerns (or even excitement) about changes in the bitcoin prices.

At the same time, if a newbie spends a whole cycle or even a couple of cycles ongoingly, persistently, regularly, consistently and perhaps even aggressively buying bitcoin, then there may be some time, in which the size of their bitcoin holdings may well influence them in terms of changing their own bitcoin buying practices, so that they might be emphasizing buying dips rather than ongoingly buying bitcoin.  Each of us has to figure out the extent to which changing bitcoin accumulation practices might start to make sense, largely based on the amount of our bitcoin accumulation, yet any changes in our bitcoin buying practices could also relate to how our various 9 factors are changing too.

[Frankolala]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

I don't think that any beginner who waits for the price to drop will gain more because he would have missed a lot of opportunities that he should have used to grow his bitcoin portfolio to a good size while, he is busy waiting for the dip and thinks that's a smart move. The little difference in dollar during the dip wouldn't be able to recover the quantity of bitcoin that you are supposed to accumulate for many weeks of not buying but waiting.

This is why it's better for a brand new investor to just start investing immediately his discretionary income is available through DCA and avoid waiting for the dip that you dont know when it will come. What if the dip didn't come.

[GeorgeJohn]

<..>

Since we already know that the price of Bitcoin is unpredictable, is it still adviceable to wait for dip?

Accumulate your bitcoin time without a season, especially when you have the available funds to Accumulate your bitcoin, the increase of bitcoin come unexpectedly...

With these facts being acknowledged, buying continually using the DCA  method becomes the best option, maybe you don't get this, with the DCA method,  acumulation of Bitcoin doesn't have to stop or wait for a particular season since it is an aproach that's not limited to a specific market season, what I mean is, the DCA method help true investors to over look all the distractions that are there in the market, with it, no buying opportunity is left out, the dip inclusive, you can now see why it isn't necessary to wait for market drops.

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income, also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

[Finebone]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income,

I am really struggling to understand what you are trying to say here, but please do well to make your point clearer for proper conversations, because most user might interpret it in different ways which might be totally different from what you are implying, so please throw more light on what you mean here.

also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

Yes of course, investment in Bitcoin should only be done when your discretionary income is available, because any investment made outside your discretionary income is doomed to fail, so the only valid reason a Bitcoin investors should wait before investing is if his discretionary income is not ready, but once it's ready, investing right away without wasting anytime further is the right thing to do.

[GeorgeJohn]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income,

I am really struggling to understand what you are trying to say here, but please do well to make your point clearer for proper conversations, because most user might interpret it in different ways which might be totally different from what you are implying, so please throw more light on what you mean here.

Go and make a research of discretionary income and also make a research of DCA..after finding out the meanings, you can understand my point..If you want to understand my point of views, you dont need to read once,  you have to read twice or more than, so that it can unable you to you understand....A DCA method is a dollars cost average, and it's a words use for investment, instead of using cash remain...why discretionary income...Is your funds that remains after making expenses or spending....So you can neither use any of them to accumulate your bitcoin investment if you wish...

[Grease5000]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income,

DCA and discretionary income serve different purposes. The DCA is a strategy used by investor that enable them  to buy bitcoin little by little, while discretionary income is the money left  when an investor has settled all essential needs. Neither guarantees profit, but together they can support a more disciplined and help investors with low income stay consistent on their long term bitcoin journey.

[sotelorene]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income, also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

Hey folk, I want to believe this is you did is a mistake because you are contradicting something, the DCA method can not done without a discrestionary income but you saying someone can either use. DCA method or a discrestionary income to accumulate Bitcoin  is very confusing. The DCA is a method or strategy of accumulating Bitcoin while discretionary income is the money we use in making this work and without discretionary income there won't be any Investment.

[cocadalcan]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

I don't think that any beginner who waits for the price to drop will gain more because he would have missed a lot of opportunities that he should have used to grow his bitcoin portfolio to a good size while, he is busy waiting for the dip and thinks that's a smart move. The little difference in dollar during the dip wouldn't be able to recover the quantity of bitcoin that you are supposed to accumulate for many weeks of not buying but waiting.

This is why it's better for a brand new investor to just start investing immediately his discretionary income is available through DCA and avoid waiting for the dip that you dont know when it will come. What if the dip didn't come.

You are right. If new investors have extra funds to invest, there is no need to wait for the price of Bitcoin to fall. They will miss out on many opportunities, sometimes a small price drop or sometimes a small price increase. There is a possibility that a future price drop is not inevitable and you will never reach the level of price decline that you are expecting. Waiting for the price to fall means that you are not giving importance to valuable time. Those who value time are smart investors. You do not have to be very wise to start accumulation Bitcoin, having extra funds or discretionary funds will be adequate.

Waiting for the price to fall is good for those who are regularly accumulating Bitcoin in the DCA method. These investors can aggressively buy Bitcoin on the opportunity of a price drop but those who wait for a bear market may miss many more opportunities in the future.

[Queen uloma]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

I don't think that any beginner who waits for the price to drop will gain more because he would have missed a lot of opportunities that he should have used to grow his bitcoin portfolio to a good size while, he is busy waiting for the dip and thinks that's a smart move. The little difference in dollar during the dip wouldn't be able to recover the quantity of bitcoin that you are supposed to accumulate for many weeks of not buying but waiting.

This is why it's better for a brand new investor to just start investing immediately his discretionary income is available through DCA and avoid waiting for the dip that you dont know when it will come. What if the dip didn't come.

You are right. If new investors have extra funds to invest, there is no need to wait for the price of Bitcoin to fall. They will miss out on many opportunities, sometimes a small price drop or sometimes a small price increase. There is a possibility that a future price drop is not inevitable and you will never reach the level of price decline that you are expecting. Waiting for the price to fall means that you are not giving importance to valuable time. Those who value time are smart investors. You do not have to be very wise to start accumulation Bitcoin, having extra funds or discretionary funds will be adequate.

Waiting for the price to fall is good for those who are regularly accumulating Bitcoin in the DCA method. These investors can aggressively buy Bitcoin on the opportunity of a price drop but those who wait for a bear market may miss many more opportunities in the future.

I totally agree with you that if  new investors has extra or discretionary income, it doesn’t really make sense to be waiting on bitcoin price to fall before buying. Price may continue rising and the dip we are expecting may not even happen. Time is the most important part of investment, so rather than waiting endlessly,  it’s better for someone to start accumulating with what ever they have.

For those People that are using DCA, price drop can be a good opportunity to buy more bitcoin but waiting patiently for bear market can make someone miss opportunities. In as much as the money isn’t for important expenses starting early and staying consistent can be the best, than trying to predict the best entry price.

[Itz-prisigold]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income, also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

I believe there is a bit of a misconception between the two here: DCA and discretionary income.  They are not really two choices that an investor have to choose. DCA is a strategy of investing over a period of time and discretionary income is the money that can be used for those purchases.

For instance a person can decide to purchase Bitcoin using a portion of their discretionary income each week/month and that is still DCA.  Likewise, if you have an irregular income source, you can accumulate Bitcoin when you have sufficient discretionary income without being forced to buy Bitcoin at a certain time.

And secondly, I would not simply say that it's just a matter of when a person has capital, nor that they should purchase Bitcoin with everything they have available.  The question is how much of that money can they possibly invest in Bitcoin without jeopardizing their other financial needs and emergency funds.

[Rabata]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

On the contrary, I don't think this is done mostly by newbies because I believe newbies would be too scared to stick to the process in times of dip as most of them would rather panic sell than trying ti buy more.

No need to want to start predicting when the price would go down that's why the DCA technique have always been preferably advised to be used as this technique allows you to continually buy the coin without having to pay attention to market conditions and i agree with JJ that the more one continually buys especially during the dip, the more they begin appreciating the importance of the dip as you would be able to buy more bitcoin fir same amount of fiat.

You have created an idea about newbies that has no basis. Your claim is that newbies sell out of fear when the price goes down, so they can't buy. But think about it, why would someone who is buying $20 or $30 of their discretionary income every week or within their means sell when the price goes down? There is no reason to sell. He doesn't need that money, he knows he will buy next week too. And a price drop means an opportunity for him to get more Satoshi for the same amount. What's the fear in that?

In my opinion, those who sell out of fear are probably those who went beyond their means and poured a large sum at once, bought with the money they needed. Then there are also people who sold out of fear who entered hoping to double in a few months. In this case, the problem is not that they are newbies, but rather that they entered with the wrong capital and with the wrong expectations.

[Sobz]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income, also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

What you are saying is comfusing. DCA method is a strategy and this strategy is use in accumulating Bitcoin and if you want to accumulate bitcoin you do it from your discretionary income. But from what you are saying you are making it look as if discretionary income is a strategy to accumulate bitcoin just like the DCA strategy. They are all different things that works together and the main aim is to accumulate bitcoin. You dont also need capital to invest Bitcoin and you only need a discretionary income to accumulate bitcoin. DCA strategy doesn't not requires capital,  you accumulate bitcoin from discretionary income consistently.

[GeorgeJohn]

Two things maybe involve in someone who wants to accumulate it's bitcoin...it's neither the investors accumulate using a DCA method or the person accumulate with a discretionary income, also they're people who accumulate whenever they have capitals, which means that they buy everything they have funds..so it's depends on individual determination to decide when to accumulate it's bitcoin

What you are saying is comfusing. DCA method is a strategy and this strategy is use in accumulating Bitcoin and if you want to accumulate bitcoin you do it from your discretionary income. But from what you are saying you are making it look as if discretionary income is a strategy to accumulate bitcoin just like the DCA strategy. They are all different things that works together and the main aim is to accumulate bitcoin. You dont also need capital to invest Bitcoin and you only need a discretionary income to accumulate bitcoin. DCA strategy doesn't not requires capital,  you accumulate bitcoin from discretionary income consistently.

lolz..Do you know why you people are getting confused, it's because you people think that DCA and discretionary income are same thing in meaning. .they're not same thing but they're some how similar...That's why asked you people to make research so that you can differentiate both meaning...The thing is that you're confusing yourself by not making proper consultation and research....I have throw more light on the similarities in my second replies...still you dont want to learn...

[Jewan420]

What you are saying is comfusing. DCA method is a strategy and this strategy is use in accumulating Bitcoin and if you want to accumulate bitcoin you do it from your discretionary income. But from what you are saying you are making it look as if discretionary income is a strategy to accumulate bitcoin just like the DCA strategy. They are all different things that works together and the main aim is to accumulate bitcoin. You dont also need capital to invest Bitcoin and you only need a discretionary income to accumulate bitcoin. DCA strategy doesn't not requires capital,  you accumulate bitcoin from discretionary income consistently.

lolz..Do you know why you people are getting confused, it's because you people think that DCA and discretionary income are same thing in meaning. .they're not same thing but they're some how similar...That's why asked you people to make research so that you can differentiate both meaning...The thing is that you're confusing yourself by not making proper consultation and research....I have throw more light on the similarities in my second replies...still you dont want to learn...

I don't see any similarity between DCA strategy and discretionary income. One is an investment strategy and the other is a source of discretionary money.

DCA is an investment strategy through which you get the opportunity to buy conveniently and without any complications in the purchase process. With DCA, you can only buy, nothing else.

But discretionary income can help you create investment funds and create funds to maintain investments. You can invest in any strategy, it is not that you have to do only DCA with discretionary income. Discretionary income is the main basis of your investment, through which investment is not possible. And DCA is like a door of a house, which is used only for entry, you will see different types of doors in the market.

[Fash33]

When you talk about "risk," are you talking about BTC price volatility or something else?  If a person is a newbie to bitcoin or he is ongoingly buying bitcoin, then he likely would welcome BTC price dips since he is able to buy more bitcoin for the same amount of dollars (fiat).

This is certainly true, as they will gain more when they buy at a price drop. This is often done by beginners, taking advantage of the price drop to maximize their return on value.

However, it's difficult to predict when a price drop will occur, especially as we know that price predictions are always subject to deviation. This means there's no accurate price prediction. For us, when the market is declining, the right move is to buy to capitalize on the value we have or have accumulated. We believe this is the right time to welcome a price drop.

On the contrary, I don't think this is done mostly by newbies because I believe newbies would be too scared to stick to the process in times of dip as most of them would rather panic sell than trying ti buy more.

No need to want to start predicting when the price would go down that's why the DCA technique have always been preferably advised to be used as this technique allows you to continually buy the coin without having to pay attention to market conditions and i agree with JJ that the more one continually buys especially during the dip, the more they begin appreciating the importance of the dip as you would be able to buy more bitcoin fir same amount of fiat.

I see no reason why beginner bitcoin accumulators need to change any of their behaviors or their getting excited about dips, but instead, beginner bitcoin likely need to put systems into place in which they are buying every week (or whatever is their period) based on their managing the availability of cash that they have for the buying of bitcoin, and sure the amount of their buys might vary from week to week, yet it seems most likely that the amount of their buys relates more to their cashflow situation rather than having concerns (or even excitement) about changes in the bitcoin prices.

At the same time, if a newbie spends a whole cycle or even a couple of cycles ongoingly, persistently, regularly, consistently and perhaps even aggressively buying bitcoin, then there may be some time, in which the size of their bitcoin holdings may well influence them in terms of changing their own bitcoin buying practices, so that they might be emphasizing buying dips rather than ongoingly buying bitcoin.  Each of us has to figure out the extent to which changing bitcoin accumulation practices might start to make sense, largely based on the amount of our bitcoin accumulation, yet any changes in our bitcoin buying practices could also relate to how our various 9 factors are changing too.

I agree with this your statement,and I also view it as a very good advice, especially for beginners coming up or starting up bitcoin investment. I believe some of the problem that some beginners face is volatility, and they often try to timing the market. But your point here highlights so so well that consistency is better than trying to outsmart price movement. Even as a beginner when you have a system that make you buy your bitcoin regularly, with what you can really comfortably afford, that alone get you out of stress because you don’t really have to worry about time the market again. With gradual good changes you may start thinking of buy more when the price dip.  But the advice I have to give is that, as a newbie when starting, just stick to your plan of being consistent, that is the best approach.

[Saltysugar99]

I see no reason why beginner bitcoin accumulators need to change any of their behaviors or their getting excited about dips, but instead, beginner bitcoin likely need to put systems into place in which they are buying every week (or whatever is their period) based on their managing the availability of cash that they have for the buying of bitcoin, and sure the amount of their buys might vary from week to week, yet it seems most likely that the amount of their buys relates more to their cashflow situation rather than having concerns (or even excitement) about changes in the bitcoin prices.

At the same time, if a newbie spends a whole cycle or even a couple of cycles ongoingly, persistently, regularly, consistently and perhaps even aggressively buying bitcoin, then there may be some time, in which the size of their bitcoin holdings may well influence them in terms of changing their own bitcoin buying practices, so that they might be emphasizing buying dips rather than ongoingly buying bitcoin.  Each of us has to figure out the extent to which changing bitcoin accumulation practices might start to make sense, largely based on the amount of our bitcoin accumulation, yet any changes in our bitcoin buying practices could also relate to how our various 9 factors are changing too.

You are absolutely right JJG, I agree with your entire concept. A new investor's priority should be whether he is a no coiner or a low coiner. The biggest problem for a new investor is usually not missing the dip, but rather that his Bitcoin stash is still so small that he overthinks the price and slows down the accumulation. His most valuable habit at this stage may be to create a buying system, where he continues to buy Bitcoin according to his available discretionary income at weekly or other reasonable intervals. If Bitcoin falls by 15% or 20%, an accumulator may naturally be happy that he is getting more sats for the same amount. The problem starts when that excitement changes his entire strategy. Suppose he normally bought Bitcoin every week, but after a slight drop in price, he may think that the price will drop further, so he starts waiting for a few weeks without buying Bitcoin. From here, the accumulation strategy can gradually turn into a waiting strategy. And waiting has a hidden cost. We do not know whether the dip will come or not. He left it on the cash side for a lower price, but if Bitcoin doesn't see that price anymore and instead goes up, then he gave up an opportunity to get bitcoin. The advantage of weekly buying is that if there is a significant correction, the investor's scheduled buying will be able to buy some more bitcoin at a lower price. So the need to catch the perfect dip separately for beginners is often overstated.

You raised another point about increasing or decreasing the fund to buy bitcoin. Where the main concept is that any long time investor should think first about which is logically better to invest in bitcoin. That is cashflow based aggressiveness or bitcoin price based aggressiveness. An investor's financial capacity did not suddenly increase by 10% because Bitcoin is down 10%. If his available discretionary money is low after necessary expenses and backup this week, then even if there is a dip, he buy may be small. Again, if the Bitcoin price is high but income is strong and discretionary income is generated, then it may be logical to increase the investment amount according to the income situation  as he is investing long time mindset.