JJG’s Outline of Bitcoin Investment Ideas

[Rockson1]

Discretionary income is very important in our Bitcoin investment because without it we can't be able to invest, while investors are busy accumulating their Bitcoin they should also make some funds available for the Dip if they are interested in doubling or been aggressive anytime the price Dip. And I see Dip as a big opportunity for those investors who  are ready for it and being aggressive when there is Dip doesn't mean you are taking much risk, as long as the fund is coming from your discretionary the risk is okay.

If investors are ongoingly acumulating Bitcoin with their discretionary income, do you think that preparing to buy the dip is necessary especially if such investors are buying through the DCA strategy? or are you not clear on the meaning of the DCA strategy, if the DCA strategy is said to be a strategy that we can use in acumulating Bitcoin consistently without minding the price of Bitcoin at any point, doesn't that tell you that, with the DCA method, we can buy during the dip and everytime, It is not ideal to prepare for the dip when you are buying steadily, and why do some of us keep mentioning the dip when the DCA strategy still covers it, we can be agressive at anytime not necessarily during the dip.

[Charcol]

Although everyone have their preferences of strategy they think it's best but the best way to investment in a volatile asset like Bitcoin still remains buying it consistently, other strategies are still relevant but when teaching people about Bitcoin investment especially newbies it's good to tell them about strategies that would make their investment journey easier, not the ones that could make them deviate to trading out of ignorance.
 So I support your response to him Jay, buying the dip can never be superior to buying consistently using the DCA. People who focus on buying dips or timing the market to buy might barely get the right timing but buying consistently gives an investor chances of buying different dips without timing it.

Buying the Dip can never be superior to consistent buying I partially agree because this depends on how much you are using in buying consistently, meaning you can not be purchasing 10-$20 worth of Bitcoin weekly and thinking you will pass someone that buys thousands of dollars worth of Bitcoin when there is Dip.

If someone thinks that buying at a price drop is better than buying regularly, then he still lacks knowledge and is putting himself at additional risk. I am not directly saying that buying at a price drop is bad. Buying at a price drop can be a good decision only when you take it from the reserve fund that you have set aside in advance. But if someone thinks that he will stop buying regularly and just wait for the price drop, then he is just trying to time the market. But the main purpose of the investor is not to time the market, but to gradually strengthen his position by understanding his own capabilities. Because investors have to think in this way that it is not certain when the price drop will come, how much it will come, and he may not have money until that time.

The advantage of buying regularly is that you can adapt to your income, expenses and discipline. In this, when the price drops, you get a little more, and even if the price is high, you do not have to stop saving. But while waiting for the price drop, many people lose the habit of their original plan.

[Morayoam91]

You are right, we don't need to look at the lowest or highest price, we just need to do DCA regularly. Until we can build the expected amount of Bitcoin holdings. In reality it is not possible to accurately predict where the price will go in the future. In the event of a future price increase, it is wise to consider the DCA method to accumulate Bitcoin because its policy clearly states and as you explained, buy regularly without looking at its price. There are many other advantages of doing DCA one of which is the facility to accumulate any amount of Bitcoin with your financial capacity. A poor investor with less financial capacity will buy regularly less Bitcoin and a rich investor can also use his financial capacity to also buy Bitcoin regularly using the DCA method.

Instead of keeping a close eye on the price of Bitcoin or waiting for its perfect time, using the DCA strategy is an effective method to move forward slowly according to your ability. It is not stopping but starting from the present where the price of Bitcoin may not be seen at the present price in the future so starting is the only real step, the DCA strategy frees you from such challenges as when to enter or exit the market, the DCA strategy is an effective step for all classes of people, starting with a small amount of extra money after the necessary expenses from the source of income is effective, but even if the current step seems small, you will see it as heavy in the future, it is not important to waste time knowing everything in advance to invest, but here it is important to understand the necessary things and make the right decision and step according to your financial position, as a result of investing, your experience will increase,

[Jewan420]

Buying the Dip can never be superior to consistent buying I partially agree because this depends on how much you are using in buying consistently, meaning you can not be purchasing 10-$20 worth of Bitcoin weekly and thinking you will pass someone that buys thousands of dollars worth of Bitcoin when there is Dip.

If someone thinks that buying at a price drop is better than buying regularly, then he still lacks knowledge and is putting himself at additional risk. I am not directly saying that buying at a price drop is bad. Buying at a price drop can be a good decision only when you take it from the reserve fund that you have set aside in advance. But if someone thinks that he will stop buying regularly and just wait for the price drop, then he is just trying to time the market. But the main purpose of the investor is not to time the market, but to gradually strengthen his position by understanding his own capabilities. Because investors have to think in this way that it is not certain when the price drop will come, how much it will come, and he may not have money until that time.

The advantage of buying regularly is that you can adapt to your income, expenses and discipline. In this, when the price drops, you get a little more, and even if the price is high, you do not have to stop saving. But while waiting for the price drop, many people lose the habit of their original plan.

I will not comment in such a harsh language, but I support your comment. Waiting for a certain time in the market to stop investing before achieving the goal or in the early stages of investment is a wrong move, in which your goal may move far away from you. The reason for this is that the relationship or communication distance increases due to lack of activity with the investment. Or you may withdraw from the investment due to disappointment due to missing the opportunity to buy, because the market is very unstable and unpredictable.

There is no guarantee that the price of Bitcoin will move in any direction. When you think the price will fall, the price may rise, and even the opposite may happen. If you can be consistently active with the market through DCA, the market will definitely give you an opportunity to buy at a low price and you will be able to take that opportunity according to your ability. It is important to remember that there is no specific time to enter the market or there is no specific price limit or time frame for buying.

[AYOBA]

Instead of keeping a close eye on the price of Bitcoin or waiting for its perfect time, using the DCA strategy is an effective method to move forward slowly according to your ability. It is not stopping but starting from the present where the price of Bitcoin may not be seen at the present price in the future so starting is the only real step, the DCA strategy frees you from such challenges as when to enter or exit the market, the DCA strategy is an effective step for all classes of people, starting with a small amount of extra money after the necessary expenses from the source of income is effective, but even if the current step seems small, you will see it as heavy in the future, it is not important to waste time knowing everything in advance to invest, but here it is important to understand the necessary things and make the right decision and step according to your financial position, as a result of investing, your experience will increase,

Is like there are some people that still not believe in the DCA method, that’s why’ they choose to wait for the perfect time before they can invest, they don’t know that using the DCA will be a smart move to enjoy their Bitcoin investments. Because that’s the only method that can allow everyone to invest with the little they’ve without wasting time and be waiting for the right moment.

It was before that someone find the Bitcoin investments so difficult when the DCA wasn’t never introduced, because that time even those that have interest to invest in Bitcoin can’t afford, due to they don’t have money to buy at once, but now everything has become more simple and easier for all investors.

[Lembo69]

It is important to have a clear decision to invest without any excuses. People try to move forward financially through their hard work, but they can also do so through extra work. Along with investing, they can also meet the basic needs of their family and create an emergency fund. Because financial clarity is essential to move forward in investing in the long term; it is not impossible, it will come through extra work. It is not uncommon to face sudden dangers in life. It can happen to more or less everyone, but at that time, there may be a need for cash that may exceed the limits of your emergency fund, then it may become mandatory to let go of your accumulated assets. Therefore, it is important to ensure your financial security through hard work and not through excuses. Waiting for the perfect time is just a waste of time, so it is necessary to maintain consistency in investing.

Yes, continuity of investment makes any complex task easier and it is also important to take the right decision towards investment over time. And there is no right time for investment, whenever an investor invests, that is the right time for him. If someone waits for the right time to invest, it will be foolish. Yes, an investor can fall into such a situation that his emergency fund may be exceeded and the need for cash may go beyond the limit. For this, that investor should allocate 75% of his immediate income for Bitcoin and 25% for emergency fund at the beginning of the investment.

Another thing is that if someone is careless in collecting Bitcoin and managing cash flow, then they will push their investment towards risk in the future. Therefore, it would be better to consider how to move the investment forward in a risk-free way for long-term goals by using your own judgment. The better and more prosperous a person's financial management is, the more risk-free his investment can be and the portfolio can grow.

If an investor maintains the continuity of investment, then he can certainly get many benefits here. And it can become easier for him. The one who can maintain his investment discipline, the more sustainable and long-term his investment feels like continuing.

[Grease5000]

Buying the Dip can never be superior to consistent buying I partially agree because this depends on how much you are using in buying consistently, meaning you can not be purchasing 10-$20 worth of Bitcoin weekly and thinking you will pass someone that buys thousands of dollars worth of Bitcoin when there is Dip.

The  amount invested should be separated from the strategy. Though someone buying $10–$20 of Bitcoin weekly may not accumulate more than someone putting thousands of dollars into bitcoin during a dip simply because the second person invested more money.  For a long term investor, the focus should be on how much they can sustainably invest from their discretionary income and consistently accumulate over time.

[Umulala-alala]

he can take advantage of the fall. If he does not take advantage of the fall with that money from his emergency fund and take advantage of it and do not take a loan.

You are not to tamper with your emergency funds for any reason only when you're hit with real life emergency. Your emergency funds isn't for the accumulation of bitcoin when there's a dip because it's the backup funds to your bitcoin investment to prevent you from selling your bitcoin when you are hit with real life emergency.

Anyone that uses his emergency funds to buy bitcoin because of a dip is only gambling with his bitcoin investment because if you're hit with a real life emergency, you will use your bitcoin as your emergency funds and if the price is below your entry, you will be at loss. Your reserve funds is what you can use to buy bitcoin during a dip and not your emergency funds because your reserve funds is flexible.

Don't do what will make you reduce your bitcoin stash and regret your actions because your bitcoin stash should be growing overtime till your reach your bitcoin target.

I think its ignorant that will make someone to use their emergency funds to invest in bitcoin or to buy aggressively when the price of bitcoin is low using their emergency funds, it's totally wrong to use our emergency funds to buy bitcoin, emergency funds is a separate funds kept out for real life emergency to protect our investment not to be sold half way, the allocated funds use in buying bitcoin is our discretionary income reserve funds can also be use to buy bitcoin if necessary, people already gamble with their bitcoin investment when they use their emergency funds to invest in BTC.

[Sobz]

Discretionary income is very important in our Bitcoin investment because without it we can't be able to invest, while investors are busy accumulating their Bitcoin they should also make some funds available for the Dip if they are interested in doubling or been aggressive anytime the price Dip. And I see Dip as a big opportunity for those investors who  are ready for it and being aggressive when there is Dip doesn't mean you are taking much risk, as long as the fund is coming from your discretionary the risk is okay.

If investors are ongoingly acumulating Bitcoin with their discretionary income, do you think that preparing to buy the dip is necessary especially if such investors are buying through the DCA strategy? or are you not clear on the meaning of the DCA strategy, if the DCA strategy is said to be a strategy that we can use in acumulating Bitcoin consistently without minding the price of Bitcoin at any point, doesn't that tell you that, with the DCA method, we can buy during the dip and everytime, It is not ideal to prepare for the dip when you are buying steadily, and why do some of us keep mentioning the dip when the DCA strategy still covers it, we can be agressive at anytime not necessarily during the dip.

There is no need to prepare for the dip when accumulating of bitcoin is done with DCA strategy.  DCA strategy is one that is used in buying bitcoin at all tkme irrespective of whether the market is low or high.  The only thing that obe should be prepared for is to buy bitcoin. Those who prepare to buy bitcoin in the dip are only those who are only interested in the dip but as for those who understands the act of buying bitcoin will never take buying bitcoin at the dip as something so serious because they are already used to buying bitcoin at all time. The dip is good to take advantage to buy bitcoin but their is no point waiting and preparing to buy the dip.

[Agathamay]

Discretionary income is very important in our Bitcoin investment because without it we can't be able to invest, while investors are busy accumulating their Bitcoin they should also make some funds available for the Dip if they are interested in doubling or been aggressive anytime the price Dip. And I see Dip as a big opportunity for those investors who  are ready for it and being aggressive when there is Dip doesn't mean you are taking much risk, as long as the fund is coming from your discretionary the risk is okay.

If investors are ongoingly acumulating Bitcoin with their discretionary income, do you think that preparing to buy the dip is necessary especially if such investors are buying through the DCA strategy? or are you not clear on the meaning of the DCA strategy, if the DCA strategy is said to be a strategy that we can use in acumulating Bitcoin consistently without minding the price of Bitcoin at any point, doesn't that tell you that, with the DCA method, we can buy during the dip and everytime, It is not ideal to prepare for the dip when you are buying steadily, and why do some of us keep mentioning the dip when the DCA strategy still covers it, we can be agressive at anytime not necessarily during the dip.

There is no need to prepare for the dip when accumulating of bitcoin is done with DCA strategy.  DCA strategy is one that is used in buying bitcoin at all tkme irrespective of whether the market is low or high.  The only thing that obe should be prepared for is to buy bitcoin. Those who prepare to buy bitcoin in the dip are only those who are only interested in the dip but as for those who understands the act of buying bitcoin will never take buying bitcoin at the dip as something so serious because they are already used to buying bitcoin at all time. The dip is good to take advantage to buy bitcoin but their is no point waiting and preparing to buy the dip.

I understand what you guys are saying which is totally correct but I also think what @showlove01 is saying isn't also a bad idea because we do remember that, there are several technique and strategy for accumulating bitcoin which one of them is the DCA Strategy which is commonly preferable one because of the freedoms it comes with and there's another strategy that requires you to time the market and only dip during the dip which is a very profitable technique but not always an easy one but as a smart investor, while we DCA, it wouldn't be a bad idea to also keep discretionary funds for emergencies and just as we set aside these funds, we can also set aside some amount of money preferably in usdt so when the opportunity comes, it can be taken because you will also agree with me that as we DCA, there might be a sweet opportunity that might present itself as a dip and we might miss out of it simply because we don't have any money left to buy but with these strategy of buying the dip even while practicing DCA wouldn't be a bad idea or don't you guys think so?

[Hardyrobust]

Discretionary income is very important in our Bitcoin investment because without it we can't be able to invest, while investors are busy accumulating their Bitcoin they should also make some funds available for the Dip if they are interested in doubling or been aggressive anytime the price Dip. And I see Dip as a big opportunity for those investors who  are ready for it and being aggressive when there is Dip doesn't mean you are taking much risk, as long as the fund is coming from your discretionary the risk is okay.

If investors are ongoingly acumulating Bitcoin with their discretionary income, do you think that preparing to buy the dip is necessary especially if such investors are buying through the DCA strategy? or are you not clear on the meaning of the DCA strategy, if the DCA strategy is said to be a strategy that we can use in acumulating Bitcoin consistently without minding the price of Bitcoin at any point, doesn't that tell you that, with the DCA method, we can buy during the dip and everytime, It is not ideal to prepare for the dip when you are buying steadily, and why do some of us keep mentioning the dip when the DCA strategy still covers it, we can be agressive at anytime not necessarily during the dip.

There is no need to prepare for the dip when accumulating of bitcoin is done with DCA strategy.  DCA strategy is one that is used in buying bitcoin at all tkme irrespective of whether the market is low or high.  The only thing that obe should be prepared for is to buy bitcoin. Those who prepare to buy bitcoin in the dip are only those who are only interested in the dip but as for those who understands the act of buying bitcoin will never take buying bitcoin at the dip as something so serious because they are already used to buying bitcoin at all time. The dip is good to take advantage to buy bitcoin but their is no point waiting and preparing to buy the dip.

The best approach is to be using the DCA strategy as the main strategy while buying of dip can be done with nescarily waiting for a dip to occur before buying. So I don't think if it is wrong for someone that is using the DCA strategy as his or her main strategy to be setting aside some funds for buying the dip. This way they won't have to wait or time the market they are buying bitcoin consistently using the DCA strategy as their main strategy while setting aside some percentage of their discretionary income for buying the dip whenever it occurs.