JJG’s Outline of Bitcoin Investment Ideas

[Cyber_warrior]

How much Bitcoin shouldn't be a question since the amount anyone wants to buy or invest with shouldn't be anyone's business, they’re msking a mistake that needs correction and the right question to help correct the impression of waiting for the dip before they buy is if they can get the right timing of the market.

It is a personal question for those who are making this mistake , because waiting for the dip dont worth it. The reason why people who wait to buy bitcoin needs to look into this well is because after they wait to what will be the next? The time they waited to buy the dip and the amount they used in buying if it is worth waiting. Most people wait to buy the dip and at the end they just buy only small amount, which they would have done better if they understood accumulating of bitcoin no how small but to be consistent.


 

You are totally right, there are so many people who will tell you they waiting for the Dip, and the end the Dip will come and they would buy just very little. I still wonder how people see the Dip as an option, DCA have made accumulation very easy and convenient. I don’t even see how people still buying with the Dip as and option.

When it comes to bitcoin investment, what matters is consistent accumulation, and do that with your discretionary income. So for a person who wants to go into Bitcoin investment, using the DCA is the best to invest with.

[cocadalcan]

How much Bitcoin shouldn't be a question since the amount anyone wants to buy or invest with shouldn't be anyone's business, they’re msking a mistake that needs correction and the right question to help correct the impression of waiting for the dip before they buy is if they can get the right timing of the market.

It is a personal question for those who are making this mistake , because waiting for the dip dont worth it. The reason why people who wait to buy bitcoin needs to look into this well is because after they wait to what will be the next? The time they waited to buy the dip and the amount they used in buying if it is worth waiting. Most people wait to buy the dip and at the end they just buy only small amount, which they would have done better if they understood accumulating of bitcoin no how small but to be consistent.


 

Sometimes they might think they've succeeded in buying the DIP but you actually look at it you will sometimes find that from the time they started waiting for the DIP to when they finally bought, the price of bitcoin has gone high enough that a DIP then was still higher that when they started waiting so while they may been telling themselves that waiting was worth it, a careful examination will tell that it was the wrong choice.
Personally I will never see the point in waiting for a DIP as an individual investor, especially with the DCA still there, why wait when I can buy right there and then.

Many investors who wait for the price to drop have suffered because they did not understand what the real price drop is. Thinking of buying during the drop with the funds allocated for Bitcoin investment will make you fall further behind because the price of Bitcoin is volatile. And if the price continues to fall you will have to wait for the price to drop further and be forced to spend the funds allocated for Bitcoin and later regret not buying Bitcoin. Or it has also happened that investors who waited saw the price rise and missed the buying opportunity. Regardless of the price accumulation Bitcoin through the DCA method is the safest and most suitable for investors of any income. Instead of waiting for Bitcoin to drop you should buy Bitcoin regularly through the DCA method now because probably the price of Bitcoin is increase significantly soon.

[Shaponzy]

One of the reasons that I frequently suggest that if guys get lump sum amounts that come available to them, then they should at least consider the three different ways of buying bitcoin with the amount that they authorize to buy bitcoin: 1) buying right away, 2) defer by time (DCA) and/or 3) buy dips that might not happen.

The buy dip portion of the lump sum can come in handy for who consider that buying a bunch of bitcoin at a set price is risky, so then they save some portion of that lump sum for buying dips that may or may not end up happening, and if some form of dip ended up happening, then their buy  the dip amounts are triggered, and if the dips do not end up happening, then the BTC price ended up going up and they still profit from whatever lump sum portion that they had put into bitcoin with the lump sum amount that they ended up having and allocating towards buying right away.  Accordingly, both DCA and lump sum end up serving as a hedge to the portion that was bought right away, and the buying on the dip portion is specifically tailored towards specifically buying with the allocated amount in the event that the BTC price dropped after the portion of the lump sum had been used to buy right away.

You are right and all these methods are easily to practice with calculations, if the new investors sticks to it for long-term period and be consistent with it, they would be a yield results. From my one understanding, if you have $18k lump some for bitcoin, I don't like idea's of going all time in at once, but splitting it different wats,like
Furstly, i begin with $9k now just to secure a good position at early stage of the investment, without any exposure. Secondly, I still begin my DCAing with like $5k and splitting them into 10 places for 10 weeks which is about$500. Then if the market actually goes up, I may averagingly nice. Then thirdly, buying the dips with like $4k reserve for only dips, then if I may set the orders at the rate from the current bitcoin prices, like -15% and also-25%.

 However if Bitcoin mature to like $120k and not drops, which is not certain. My first stage is ok.
Also, if bitcoin price slice for like 3months, yhe second stage must get me an effective average.
Then. If the bitcoin price actually crashes down to maybe like $85k, the third stage let you buy fear while others get panic

[Justbillywitt]

You are totally right, there are so many people who will tell you they waiting for the Dip, and the end the Dip will come and they would buy just very little.

Should they go and steal or put themselves in tight positions financially in order to buy a bigger amount of bitcoin, is that what you want? That amount you are considering as little might actually be a big amount for another investor. Let’s not put pressure on other people or make them look like their efforts are not worth it. Remember little by little is how we grow our portfolio, especially we plebs that don’t have hedge funds.

[B-BossMan]

Apparently, any form of waiting for a price crash before buying Bitcoin is no longer in the scope of lump sum rather it is buy the dip, buying when there is a crash is good especially when you are not waiting for it to happen first before buying, there is something off about waiting because it may likely not happen and at that point those buying without waiting becomes more advantageous over those that are waiting, of course those waiting for a big crash are wasting time that they should have used to buy bitcoin, and some times they can lose interest in buying again when price didn't dip to their expected level.

I totally get your point, but the best decision is just for folks to DCA... Looking at it from one perspective it could look good to buy when there is a crash especially when one isn't actually waiting for the crash to happen before they buy.. But then again the long term implications of such an habit is that it could eventually make you so dependent on dips that you could even stop or reduce your consistent accumulation habit just to hunt for cheaper entry price...Infact that is just one of the implication...Another implication could very be the ideology that every time Bitcoin goes up in price that you are buying at an expensive price, and over the long run, this very mentality can even lead you to start basing your aggressiveness on how low the prices of Bitcoin is, and such is something that can slow down the very pace of your accumulation...

The bone of contention here is that dips you expect isn't always guaranteed to occur at that price that you expect, and so I think DCA is just the best.. So regardless of the existence of dips or not, DCA should always be your go-to strategy since it very well encourages consistency above delayed accumulation.

You actually ha e strong points here. Some folks actually viewed the DCA strategies as something of waste of time or delays rather, which is a very bad views towards DCAING. The things I really likes about DCA is, you will become a consistent accumulator than someone who is watching after the bitcoin price. Those that makes the dips buying as thier main strategy are actually rooting the price to crashes, but the main problem is, when Bitcoin price shut up like 20% instead of them to be hhappy that thier stacking is getting more worthy, they regrets that they should have have bought more than that, and the bitcoin price has gone higher and looks more expensive. So all this kind of mindset actually kills aggression, the DCA strategy removes all these emotions from your mind, you don't need to be worrying about bitcoin price on market, just be consistent with your time and have patience enough.

[Perfect-World]

One of the reasons that I frequently suggest that if guys get lump sum amounts that come available to them, then they should at least consider the three different ways of buying bitcoin with the amount that they authorize to buy bitcoin: 1) buying right away, 2) defer by time (DCA) and/or 3) buy dips that might not happen.

The buy dip portion of the lump sum can come in handy for who consider that buying a bunch of bitcoin at a set price is risky, so then they save some portion of that lump sum for buying dips that may or may not end up happening, and if some form of dip ended up happening, then their buy  the dip amounts are triggered, and if the dips do not end up happening, then the BTC price ended up going up and they still profit from whatever lump sum portion that they had put into bitcoin with the lump sum amount that they ended up having and allocating towards buying right away.  Accordingly, both DCA and lump sum end up serving as a hedge to the portion that was bought right away, and the buying on the dip portion is specifically tailored towards specifically buying with the allocated amount in the event that the BTC price dropped after the portion of the lump sum had been used to buy right away.

You are right and all these methods are easily to practice with calculations, if the new investors sticks to it for long-term period and be consistent with it, they would be a yield results. From my one understanding, if you have $18k lump some for bitcoin, I don't like idea's of going all time in at once, but splitting it different wats,like
Furstly, i begin with $9k now just to secure a good position at early stage of the investment, without any exposure. Secondly, I still begin my DCAing with like $5k and splitting them into 10 places for 10 weeks which is about$500. Then if the market actually goes up, I may averagingly nice. Then thirdly, buying the dips with like $4k reserve for only dips, then if I may set the orders at the rate from the current bitcoin prices, like -15% and also-25%.

 However if Bitcoin mature to like $120k and not drops, which is not certain. My first stage is ok.
Also, if bitcoin price slice for like 3months, yhe second stage must get me an effective average.
Then. If the bitcoin price actually crashes down to maybe like $85k, the third stage let you buy fear while others get panic

You seem to be given a vague investment analysis, perhaps a personal thoughts just as you want it, but in all your analysis, you didn't include a part for building up your back up funds from your proposed $18k, or $9k or $5k which you splitting into 10 weeks DCAing, and that worries me alot. Because while carrying out such investment analysis and buying Bitcoin, you must ensure to also map out a portion for building your back up funds alongside while will help to guard your investment. Taking that out of your analysis makes it not complete and exposing it to risk.

Surely, it is better that newbies start there investment with little amounts since they are just new into it and need some time to adjust and/or figure out a better income allocation and management pattern to enable them scale through there investment. Increasing there investment amount can come gradually as they continue to learn and improve in there income allocation skill and building personal confidence in there investment.

[ASloveapg]

How much Bitcoin shouldn't be a question since the amount anyone wants to buy or invest with shouldn't be anyone's business, they’re msking a mistake that needs correction and the right question to help correct the impression of waiting for the dip before they buy is if they can get the right timing of the market.

It is a personal question for those who are making this mistake , because waiting for the dip dont worth it. The reason why people who wait to buy bitcoin needs to look into this well is because after they wait to what will be the next? The time they waited to buy the dip and the amount they used in buying if it is worth waiting. Most people wait to buy the dip and at the end they just buy only small amount, which they would have done better if they understood accumulating of bitcoin no how small but to be consistent.

And this is why everyone should prepare themselves for continuous investment, in fact, those who wait for the price to drop, in fact, they can actually buy Bitcoin very well in the end. In this way, they wait for months, while their position could have been stronger if they had saved a little regularly during that time. Bitcoin is a long-term investment, and therefore the best strategy if you want to build a strong portfolio here is continuous investment, not waiting and buying when the price drops.
actually continuity is more important than the amount of investment, many people think that because the amount of investment is small, their profit may not be very high, and for this they stay away from investing, but this is not the case, rather the amount of his investment is not the issue, rather if he continues to invest this amount of money, then in the long run his portfolio can reach a significant level through it.